COMMERCIAL.

Taranaki Daily News, Volume XLVII, Issue 8089, 20 April 1906, Page 3

COMMERCIAL.

BEWLEY ANI) GRIFIITIIS' REPORT. Bewley and Griffiths, dairy produce exporters, New Plymouth, are in receipt of the following market report from their London principals, Messrs Mills and Sparrow, dated March 16th, 1906: — Butter. —Again wc- have to report an unsatisfactory market. Thei'e is a faildemand all the time for choicest <|uality, but prices of secondary, thoughlow, do not tempt buyer*, Danish: JNo change; market stoady for best dairies.

French: Although shipments are very light, supply and demand keep just about level. American: The keen edge has goii? off the demand in the past few days, and buyers are selling out pretty closely before taking any more stock. Australian j Thp general opinion lias been that.at present pr/ces there would be a brisk demand, but such is-un-fortunately not the case, and, with the exception of a few pet brands and unsalted, we have experienced a dull, dragging market. Even best butters, u hu.li are absurdly cheap in comparison with Danish and French, are lower ii. price, and it is difficult lo assign the reason for this position. Secondary grades and anything just under finest are most difficult of: sale, and are accumulating all the time. New Zealand : The Tongai'iro's buti tcrs have not cleared up quite so freely and well as WP anticipated, and there is a drop of about 1» per cwt. cu the week. There is nothing in the statistical position lo warrant a drop on finest butters.

Cheese: Good steady consumptive demand all the time at fuM prices. IiI'OTATIONS. Danish 115s, 117s, 118s; Ercnoii 114s, 120s j Russian finest !)Bs, 100s, good to fine 04s, 965, inferior 80s; Victorian .finest salted 965, 98s, 100s, finest New South Wales finest factories Ills, 9(!», fine 02s, Queensland finest 935-94j, f}ne j)os, 92s jNbw Zealand (inesjt salted 103s, lots, lU.is, good to fine 965, SSs, IQOs, fjriest.nusaltcd 108s, ■tilled, dairies 88s, 00s, 92s ; Argon-

tine 100s, 102s, unsalted lotis, 108s; American finest 80s, 88s, 90s, good 82s, 84s, secondary 7hs, 80s. Chec<": L'.iiiadiau white 625, 01s, color'.l jos, 00J( New Zealand white 02s, 03s, eolored 03s, 01s, 05s.

LONDON MARI>" KT ADVICE!?. Dalgely and Co., Ltd., Wellington, have received the following cablegrams from their London oliicc, dated the 12th inst. >— Butter.—The tone of the market is rather better. Copenhagen official quotation is unchanged. The total imports of butter into the United Kingdom for the week ending the 7th 111st. amounted to 98,000cwt. as compared wild 89,000 fcr the corresponding, period ef the previous year. More demaud for unsalted than salted. If the season is dry, prices may improve. Tallow.—Pricps for tallow iu general are higher by 3d to Od per cwt. Frozen meat.—Poor demand fpr frozen meat in general. Frozen mutton : In general prices are lower by !rd to Jd. Good demand for frozen lamb. Mew Zealand Jamb is lower by par to ;d. Frozen beef (sides), prices unchanged.

NEW ZEALAND LOAN AND CO.'S REPORT.

At Pukekoljc on Wednesday more than tke advertised Biiubcr of cattle were brought forward, competition being good. J)airy cows sold at from 63 15s to £7 17s (Id, heifers £3 Ills to £5 I OS, growji steel's £1 15s to til ">%, two to threc-y»ar-old do: £3 os lo £5 7s (id, calves 15s to 2(is, beef steers £7 to £8 2s (id, eows L 3 10s to L 5 10>. Cattle: At the Newmarket yards on Tuesday, owing, no doubt, to it being a holiday there was a small muster of dairy cattle, and a full' yarding of beef, the quality of which, with few exceptions, was excellent. Prises showed a decided upward tendency, oxen selling to 23s per 1001b; cows los to 2ls. Steers sold ill from Lti 12s lid to Lll 17s lid. cows Ll 5s to A draft uf 2li steers from the Messrs lieid Bros., Waerenga, averaged LID IDs (id. Slice]) were yarded in scarcely averige numbers, and uicl a keen competition, advaacing from Is to 2s per head. Wethers sold at f r om liis 9d to Ll 3s yd, ewes 15s !kl to Ll lis, lambs, well fatted, l)s to 17s (id, other sorts «s 3d to 7s lid. Pigs: Porkers Ll 15s to L2 2s rid, tveauers lis (id to Us. Oats: Market is linn at 2s 5d ex store. Maize: There are do stocks here, market is nominally 3s '.id. Chaff is in good demand at Ll, Potatoes : Prime quality selling *t Lin. Butter: Supplies arc decreasing, and there is a good demand at ild for prime separator. Cheese is firm al s*d for prime fac.ory.