COMMERCIAL.

Taranaki Daily News, Volume XXXXV, Issue 77, 29 July 1903, Page 4

COMMERCIAL.

LONDON BUTTER MARKET,

Me srs Bewley and JJrifiHhs are in rejeipt oE the following London report dated 19th Ju-e:—

Batter.—Market coitinne3 firm for all finest grades, and quotations generally thow a slight advance on the week. Danißb.—Copenhagen ao!vanced 2 kroner (2s 4d) yesteiday with arrivals clearing as thay land. Trench.—There is a steady demand for choice qualities at lite rates, the quantity being short for the moment. Under grades axe more plentiful and 2b to 4s lower. Bnssian. —Supplies increasing rapidly, quality is only fair, good demand is experienced for best grades but inferior parcels sell slowly at 76a to 8& Mew Zealand.—There is a stead) demand for butters jast landing ex Kiratnea and Turakina at 92a to 945. In view cf the heavy rains whicn are hting experienced in this country it is not thought advisable to pnt bulk of the goods in c4d store the de i'e being rather to keep the market open in view of the early shipments from the colonies. Canadian.—Most of the Canadian factories are still making cheese, so that there U little butter to offer, buyers consequently take no interest in it. Cable prices are 93s to 91s c.Lf London.

Argentine—Supplies light, and there is very little fine quality onthe market unsold. Che'te.— Market steady, cable priees for prompt shipment unchanged, a eood many peop'e are of o.iiion that we have seen lowest prices for a few weekß. New Zealand demand qiieter, as Canadians »re rapidly imp-ov ng in quality. A hije is sca-ce, and making up to 665, co'ored 6 n s to 63b. Quotations.—But* er: Danish 102stol04s, French 76s to 98s, Russian 80s to 88s, New Zealand 94a, i v ew Zealand dailies and milled 74s to 863, Canadian 92s to 91s, Argentine 80s to 925. U-eese: Canadian white 54 sto 55 , colored ;"5s to 5Hs ; New Zeal&ud white 64s to 65 i, colored 60s to 635. N.Z. LOAN & MERCANTILE AGENCY COMPANY, LIMITED, LONDON. The New Zealand Loan and Meroancantile Agency Company ha e receive! the following cs»ble from their London office: — Wool.— average current London values, New Zealand greasy wool, good merko 13d, medium lid, inferior 9d; fine crossbred ll|d, medium coarse (403) 7Jd, coarse (365) 6fd. Bales closed to-day with spirit. Since close of list sales greasy merino medium and inferior, prices are lower by £1 per lb;XEcoared merino medium and inferior, lower by £d to Id per lb; fine greasy crossbred h gber pw to X |d per lb, medium do bnher by |i per lb, coarse do higher by Jdto Id per lb, scoured par to £ 1 psr lb lower; crossbred meinra slips Jd per lb lower, greasy crossbred lam bs Jd per lb higher, greasy marine lambs 3d per lb higher. 'fallow. —Price has fallen 6d per cwt.