COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 241, 11 April 1912, Page 7

COMMERCIAL.

DAIRY 'PRODUCE REPORT. (Messrs E. Griffiths and Co. are in receipt of the following market report from their London principals, Messrs Mills and Sparrow, under date March 1, 1912: iWe regret to report that the coal strike, which was threatening last week, has now actually taken place, and is causing an unsettled feeling right through the country. As the Government are now taking a hand in trying to effect a settlement, it is to be hoped that this is not far off. Danish: It was generally expected that the quotation would have been reduced. According to the trade in this country, prices should have gone down, but Continental buying was sufficient to steady the demand on the other side. Siberian: This butter is meeting with a very poor sale, and prices are only nominal. Australian: Owing to the conditions reported above, business has 'been very unsatisfactory. Prices generally are lower, and, in fact, it has been very difficult indeed to clear arrivals, with tke exception of choicest quality, which, is very scarce and sells fairly well. A large proportion of this week's arrivals is of a very secondary character, the butters showing unmistakeable signs of hot weather, and this is rather helping buyers to accentuate the decline in values.

New Zealand: The demand for this butter is also on the quiet side, and prices are lower than last week. The butters ex s.s. Ruahine are now on the market, but at the time of writing they *re not clearing very well.

Cheese.—This article has held its own fairly well, and prices remain firm. Some of the Ruahine's cheese has not arrived in the usual good condition; it appears to have been heated somewhere. However, a reduction of 'id to Is per cwt easily clears them. "'lie cheese position to our mind stiii bji.-ks very strong.