COMMERCIAL

Nelson Evening Mail, Volume LXIII, 22 July 1929, Page 10

COMMERCIAL

LONDON WOOL SALES Dulgety and Company report under date London, 19th July:— Wool sales continue; improved tone for better descriptions; more Continental demand for fine merinos, especially Germany. Low crossbreds greasy, prices well maintained. As compared with closing rates of last series', faulty merino closing scoured 15 per cent, lower. DAIRY PRODUCE Dalgety and Company Limited have received the following market advice front their head office, London, under date of the 13th instant Messrs Samuel l’age and Son report: — Butter: Market quiet. Danish 174 s to 176 s (170 s to 1725); N.Z. finest salted 170 s to 174 s (167 s to 1695); Australian finest unsalted 164 s to 160 s (164 s to 1665); salted 162 s to 168 s (162 s to 1655); Australian G.A.Q. 156 s to 160 s (156 s to 160 s). Cheese: Market quiet. Australian white, not' quoted (90s to 91s); Australian coloured not quoted (91s to 925); New Zealand white 90s to 91s (92s to 935); New Zealand coloured 93s to 94s (94s to 955); Spot price for Canadian, white 89s to 90s (104 s to 110 s); coloured 91s to 92s (104 s to 108 s); c.i.f. price for Canadian 88s to 90s (935). Top prices for butter exceptional. (Last week’s quotations shown in parentheses). FROZEN MEAT Dalgety and Company report under date, London, 18th July:— Lamb.—N.Z. prime Canterbury lamb, 28/361bs 9 l-4d; North Island, 28/36 9d ; Canterbury. 56/64 6 l-4d; North Island, 36/42 8 l-4d; Canterbury, 2nd quality B£d; North Island, 2nd quality B£d; Canterbury, 42/50 8d; North

j Island, 42/50 7 7-Bd. Market weaker; demand runs principally on light weights. Mutton,—N.Z. prime Canterbury mutton. 48/56 7<l; North Island, 48/56 6;)<l : Canlerbhury, 56/64 6 l-4d ; North Island. 56/64 5Jd; Canterburv. 64/72 5 l-4d: North Island, 64/72 5 1-8.1; Canterburv ewes, 48/64 4)Jd ; North Island, 48/64 43d. Market weak; demand poor. Beef.—-Argentine chilled hinds 7d; fores 4 L4d. Pork.—English porkers 80/lOOlbs 10d : N.Z. porkers, 80/100 Bd. MEAT PRICES The New Zealand Meat Producers’ Board has received the following cable from its London office, dated 19th July, 1929, advising Smith field delivered prices per lb. averaged for week ending that date ns follows: New Zealand wethers and maidens.— Canterburv quality, selected brands, 56/under 6gd, 57/64 6£d, 65/72 other brands, 56/under 6gd, 57/64 sgd, 65/72 New Zealand ewes, 64/under 4gd. New Zealand lambs: Canterbury quality, 36/under 9d, 37/42 Bgd, 43/50 Bgd, seconds Bgd ; selected brands, 36/under 9;jd, 37/42 Bgd ; other brands, Ist quality, 36/under B)Jd, 37/42 B^d; 2nd quality, 30/32 average 9d. New Zealand frozen pork.—Porkers, 60/80lbs B£d, 81/99 Bd, 100/120 8d; baconers, 121/1801bs B^d. Hot weather restricting consumption all meat. Lamb Market. —Weaker. Mutton Market.—Lightweight wethers weaker, belter enquiry for heavyweights. Ewes, trade slow, market weaker. New Zealand Porker Pigs.—Nominal prices. New Zealand Baconer Pigs.—Market steady. BUTTER AND CHEESE The New Zealand Dairy Produce Board has received the following market report from its London office dated 19th July, 1929 : Butter.—New Zealand salted 170 s to 1735, exceptional 174 s (169 s to 1725), unsalted 168 s to 174 s (168 s to 1725), Ist whey 157 s (1575), 2nd whey 153 s (1525); 170 s to 173 s equals approximately Is 4£d f.o.b. Deliveries New Zealand this week 940 tons; in store Now Zealand this week 8650 tons. Danish 167 s f.0.b., 173 sto 175 s spot (1665, 173 sto 1745). Market quiet. Retail prices unchanged. Cheese.—New Zealand white 90s to 91s (89s to 90s), coloured 93s to 94s (91s to 925); 90s to 91s equals approximately 83d f.o.b. Deliveries New Zealand this week 21,780 crates; in store New Zealand this week 101,029 crates. Market quiet. Retail prices unchanged. WELLINGTON SKIN SALES Dalgety and Company L mited, Wellington, report under date 19th July:— Our usual sale of sheepskins, hides and tallow was held this afternoon. We submitted a- good average catalogue of all descriptions to a large attendance of buyers. Sheepskins.—Good demand for all grades, prices being a shade easier on late rates. Salted skins sold about a par to 3d less than previous quotations. Hides. —Fair competition for all grades and weights. Cow all weights met a better market and showed an advance of per lb. Heavy and medium ox declined £d to jjd per lb, while light weights generally were better. Kip and yearlings soid particularly well, prices being on a par. Calf sold at a lower level of values, rates being fully Id per lb lower than last quotations. Tallow. —There was a good enquiry for tin lots, prices being unchanged. The following is the range of prices:— Sheepskins.—Halfbred lOd to ll£d, fine crossbred lljd to llfd, medium crossbred 9£d to lld_, coarse crossbred 8d to half-wools 8d to 10||d, quar-ter-wools 7gd to 10fd, pelts 7|d to lOd. Salted : Quarter-wools 6s to 7s 6d, halfwools 6s to 8s Id, three-quarter-wools 8s to 10s, full wools 9s 4d to 10s 7d, lambs 3s to 5s 7d. Hides.—Ox, 33/441bs 6|d to 7|d, 45/52 6'd to 7gd, 53/59 6|d to 7gd, 60/69 7gd to Bjd, 701bs and over B£d to B§d; cow, 33/391bs 6gd to 7|d, 40/48 sgd to 7fd, 491bs and over s£d to 7f d; kip 25/321bs 8d to 9j}d, 17/24 7|d to lOgd; yearling, 11/161bs 8-gd to 10id; calf, 9/101bs 8d to 9Jjd, 6/8 5d to 14£d, 1/5 5d to 14d. Tallow.—ln tins 16s to 27s 6d. Sundries. —Cow tails 18£d; horse hair 22±d to 23Jsd.