BRITISH TRADE.

Hokitika Guardian, 23 September 1922, Page 4

BRITISH TRADE.

WELLINGTON, September 20. The Department of Agriculture lias received the following cablegram, eluted September 16, from the High Commissioner for New Zealand, London:—MEAT. The market remains firm for mutton and lamb. The beef market is steady. Quotations (fer lb) are: Now Zealand mutton.—Lightweight 7 ',cl tu 8el: medium GJd to 7\<l; heavyweight 6d to 6jd. Ewes.—sd to 6d. New Zealand lamb (best quality).— Lightweight lljd to Is ; medium lljd to 11 (d ; heavyweight 10c! to 10jd; ordinary 111. Second class quality lljd. New Zealand beef.— Ox binds Ljd; fores B',cl. Chilled Beef.- Hinds 8d ; fores Id. BUTTER. Tlie demand lias fallen off considerably, but holders are firm and prices have advanced slightly. The official quotations are:— , New Zealand.—Salted 214 s to 210 s per ewt (Is 10.R1 to Is lljd per lb); unsalted 224 s per c"'t (2s per lb). Australian—Salted 204 s to 208 s per cwt (Is 9RI to Is lO.jd per lb) ; unsalted 212 s to 216 s per' cwt (ls'10?d to Is lid per lb). Argentine.—Unsalted 201 sto 212 s I per cwt (Is O:Jd to Is 10R1 per lb). Irish.—Salted 198 s to 204 s per cwt (Is 9',cl to Is 9,d per lb); unsalted 212 sto 210 s per cwt (Is IORI to Is lid per lb). Danish - Small business doing. 225 s to 227 s per cwt (2s to 2s OJd per lb). French.—2l6s to 226 s per cwt (Is lid to 2s o'd pier lb). Canadian.—2oos to 204 s per cwt (Is 94 to Is 94,1 nor 110

CHEESE. The market is quiet but steady. Official quotations are: English (finest farmers’).—loßs to 112 s per cwt (lljd to Is per lb). Canadian.—Coloured, 88s to 92s per cwt (91 cl to lOd per lb); white 88s lo 94s per cwt (9d to lOd per lb). Tlie stock of New Zealand cheese on band at tiie Surrey Commercial Deck on September loth was 150 crates, against 4793 crates on the same day last year. The s.s. Maimoa is discharging New Zealand produce this week. HEMP. The Manila market was idle early this week, but the market closed more active. “J” grade Septcmher-Novem-her shipments sold £3l to £3l 10s per ton. “G” grade quoted sellers £3-1. “[•I” £33 per ton. Stocks on hand in London in August were 7708 bales against 47203 for the same time last year. New Zealand hemp is without interest to consumers, Latest offers fair Septemher-Novemhei' shipment, £3O per ton, highfair, £3l 10s, lint no business reported. Stocks held in London in August 309 tons', against 040 tons same time lasi year. WOOL. The wool sales closed on Friday. The attendance was good throughout and competition strong, especially from Home trade, with good support from the Continent, though Germany bought less than usual. Merino offerings were relatively small, and met with strong demand, closing about 5 per cent, dearer. Coarse crossbred generally showing no change. Sline iir strong request

for blanket trade, and with scoured closed about 5 per cent, to 10 per cent dearer.

Average closing prices were 60 to G l’s (merino). Is 4d to 2s Id; sG’s (super half-bred) Is 3d to 1-s 8d; 50’s (half bred) lOd to ls‘; 48’s (fine crossbred), 9Jd to lOJd; 44 to 46’s (medium crossbred). 7d to 8)d; 36 to 10’s (coarse crossbred 6pi to 7J cl per lb. The total offerings consisted of 128,000 bales of which 105,000 Colonial and 12,000 South American .wore sold, Continental buyers taking 42,000 and American buyers 3000. The next London series commence on October 10.

EGGS. The market remains firm. Quotations are: Irish, Danish. French, English. Dutch, 19s to 255; Chinese. Polish, Styrian Lithuanian 11s 6d to los per long hundred.