BRITISH TRADE.

Hokitika Guardian, 19 May 1923, Page 1

BRITISH TRADE.

HIGH COMMISSIONER’S REPORT. WELLINGTON, .May 15. ' The Department of Agriculture has ' received the following cablegram, dat- * c 'd May 12th. from the High Commissioner for New Zealand, London:— e -MI7AT. 1 The mutton market is still slow. I Lamb is a shade down on the week, but has a. better tone and more in- ' (piiry towards the close. There is a little better demand for chilled beef, as frozen is in smaller supply. New Zealand frozen beef is not quoted. (Tim a tions arc:— N.Z. Mutton—Canterbury, 071 b. to | bilb. Bd, 051 b to 721 b7d to 7-ld, Vlib to 801 b 5Jd ; North Island. 571 b to 611 b. 7MI t<f 7.1(1. 051 b to 721 b G?,d. 731 b to Ifllb s:'d per lb. N.Z. Lamb.—Canterbury 291 b to 401 b ' l.opl. 171 bto 121 l» KRd, 111 bto 501 b I< l ’,< 1. second class Ofd per lb. C'billed Beef Fores 2ld to 2’d, binds 5.‘,d to ojd per lb. BUTTER. There is a fair inquiry for finest huttor, though the market generally remains quiet. Official quotations are: - New Z: aland. salted, linest 112 s lo 1-lOs and up to MS’s, unsalted 170 sto 152 s and up to lots; other qualities. 118 sto 110 s. Australian, finest salted 110 sto 110 s, unsalted 138 sto 112 s, other qualities 120 s to Ills ; Argentine 120 s to 1325. Danish 151 sto 156 s par ew l. CHEESE. The market is steady. Quotations are : New Zealand, coloured and white 90s to 98s: Australian, coloured 90s to 9-ls. whito 02s, to 9-1 s per ewt. Shipments of New Zealand produce arrived tlii< week per ».s. T’ort Adelaide, Pakelia. and Port Curtis. hemp. The Manila market is dull, and prices lower. .1 grade Alay-July shipments sold at £l2 15s. G grade is quoted at £35 10s. The output, from January I to May 711 1 was 510,000 hales, against 386.000 for the same period last year. Stocks in Manila on April 10th were 130,000 bales, against 238,000 last year. The quantity in London was 7915 hales against 21,701. The New Zealand market is dull. Nominal values are:—High points £l2. fair £3l. Mav-.Julv shipment. I ll FIT. About 300.0'M cases of Au-irali.in and New Zealand were discharged during this week, while there is also a large quantity of American still available. Prices are> slightly hotter than I last week. The Armagh fruit, which t is now being disposed of. is in excel- j lent condition and prices are well up . to expectations. Newton Pippins made 15s per ease, Cloopatrns Its to other varieties lls to I Is. \ erv few have been disposed of so far. The weather is exceedingly cold, hut with the holidays next week it is quite possible that the demand will he much her- ; ter. The fruit on the Pakeha i- not ] u-l di-eharged. WOOL. ’ The sales have elo-ed. Omniira itinu throughout was general and active. The 0 hulk of Iho offerings, totalling 185.500 a hides, were sold, the Home trade fak- \i ij; 89.0":), the Continent 81.090 and w America 7099. Prices for merino and p fine cross-bred hardened, closing Id pet j cent, above closing rates for last serie-. Medium crossbred, of which a large V quantity was offered, lias hardy main- * tained nreuing rates and closed showing ti practically no im|irovenufnt. Goar-e i> cress-bred maintained opening ad- 0 van-re of 19 per cent, meeting very j

good demand throughout. Piece iamb' sold well, showing up to 15 per cent. advance. Average closing values are: £ Superior 60-0-I’s (merino) 2s 2d to 2s Bd, 1 ordinary 00-01’s (merino) Is 8d to 2s. si .-gt'.s (su|:"r half-bred) is Kid lo 2s Id. w Op's (half-bred) Is Id to Is Od, 48’s c .] (lim: cross-bred) Is Id to Is Id. 14-10 s () , medium cross-bred) Is to I s Id, 36-10 s (course cross-bred) Old to 11 -Ul. The next series will commence in London on .Tune 20th. B.A.AA.R.A. 0 will hold sales at Hull on June Otli and h at Liverpool on June loth. p