BRITISH TRADE.

Hokitika Guardian, 22 July 1922, Page 4

BRITISH TRADE.

HIGH COMMISSIONER'S REPORT.

WELLINGTON, July <lO

The Department of Agriculture lias received the following cablegram dated July 15 from the High Commissioner for New Zealand, London: —

M EAT. Spot supplies o’f mutton are heavy, and the market continues weak, with prices slightly lower. The lamb market remains firm, and the demand is good ; spot supplies are small. The tendency is slightly easier for ex ship sales. Only a small supply of New Zealand l.cei" is available. Chilled supplies are •every heavy at lower prices. Present quotations are :—New Zealand mutton, light-weight fid to (p’d, medium sjd to fijd, heavy-weight 4jd to s)d ; ewes, til to ltd: New Zealand lamb, host quality, light-weight 11 Jd to 11)d, heavy-weight HRd to lid, ordinary 10jd : second-class quality 10. RI. Now Zealand beef, hinds 4 ; !d, tores 2Jd. Chill d beef, hinds s?d, fores 3d per lb.

BUTTER. Danish continues in large supply, and there is very little improvement in the demand, with the result that values have declined further. Present quotations are:—New Zealand, —l2s to 2lss per ewl (Is 10>d to Is 1 IRI per lb ; Australian, 208 sto ’2l2s per cwt As I()|,| to Is Itl.jd nor lb); Irish. 200 s to •208 s per cwt "is Old to Is 10,’d per lh.; Argentine, 2 >ss to 210 s per cwt <ls 10:1 to Is l(Ud per lb) ; Danish, 210 s to 21 Is per cwt" (Is 10'd to Is 10j|d per lb): Ereneli, 21fis to 22fis per cwt (Is lid to 2s O'.d per lb). CHEESE.

The market continued quiet and irregular. Present quotations are: —English, Finest fanners’ 112 sto Ills per cwt -Is to Is o}d per lb): Canadian coloured 00s to 02s per cwt (OJd jo 10d per Ih), white 02s to fils per cwt HOd

lh)'; New Zealand, coloured 88s to <2s per cwt (!>.)d to lOd per lh). white fir’s to Otis per cwt - 10(1 to URd per lb). CASEIN. Ereneh rennet, L 57 to CliO per ton ; Vostrnlian. <252 Ids per ton. HEMP.

The Manila maiket continues quiet, but prices steady. G grade Jul.v-Sep-tember shipments and Auguisl-October shipments are quoted at GUI pci ton, .) grade C3O 10s sellers. The demand is good for spot parcels at 20s to JOs aver shipment prices. The output ironi .January l to July 1 was 50(1.000 bales, a.oiinsL .'HO,OIK) bales for the same period last year. Stocks in London at the end of June were KMO4 bales, against 52.873' at the some time last year. There is better inquiry for New Zealand hemp from America, and fanbusiness is reported at about L'.tl 10“ per ton good fair, L'32 10s per ton high points. Jiily-Septemhcr and AugustOutnber shipments, New Aork. British and Continental markets are qunt, consumers showing no interest. N<»niitiol value:—High points spot mil .) till-September shipment, CHI 10s per to,,'; fair. C3O 10s-per ton. Stocks in London at the end of June were J< tons, against 731 tons at the same time 'last year. WOOL. R.A.W.R.A. offered 21.000 I,ales Australian merino and cross-bred and 5,(13 Nov Zealand merino at Hull Inis week. There is tin active demand Irom Home and Continental Ir ades, ami about Ofi per cent were cleared. Best merino sold at about last London closing rates medium and faulty lots somewhat easier. Cross-bred generally were about 5 tier cent cheaper. ERF IT. A cargo of apples by the s.s. ( oi’»wall unloaded in excellent condition, especially the Otago shipment. Onlv a portion of the cargo has yet Ih’cii disposed of, hut at good prices:—OtagoCox’s Orange, 22s fid per ease; St urine, s. 18s to l‘3s per ease: Jonathans, ltis to 17s net ease; Delicious, etc.. per ease. Other districts—Stunners, Nonpareil and Rnkewoml, 17s to 18“ per case: Dougherty, Cleopatra and Dunn’s Favourite, liis to 18s per ease.