COMMERCIAL.

Taranaki Daily News, 3 May 1922, Page 8

COMMERCIAL.

SOUTHERN MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. There has been little development in the grain and produce market since the weekend report. The tone of the oat market is weaker and any inquiries are confined to email parcels, which are easily met by tho quantities coming forward. Speculation is lifeless, and generally there is a lack of confidence in the future, particularly for B’s, supplies of which will probably be increased by the bad harvest weather in the south, where the crop is now coming on the market. From 2s 6d to 2s 8d for A's and 2s 4d tc 2s 5d for B’s is the average wayside quotations. Fowl wheat Is selling freely from undergrade stocks at 4s 4d to 4s 6d The cowgrass market is about the same at from lOd to 12d per lb. Whilst there is a feeling in some quarters that there will be a bare supply, other reports are that the yields and quality are promising satisfactorily. Local samples to hand are so far good. There is no alteration in the potato market, but farmers are not offering mucn u< £3* 10s. the figure ruling at Country stations for several weeks. LONDON MARKETS. HIGH COMMISSIONER S CABLED REPORT. The Department of Agriculture has feceivad the following cablegram, dated April 29, frpm the High Commissioner for New Zealand, London : MEAT. Market Is rather slow, and there is weaker tendency. Lamb in poorer demand. Good supply of meat of all descriptions available, especially veal and pork. New Zealand Mutton.—'Lightweight: April 29, 7 3-8 d to B%d; April 22, 8d to B%d; April 13. 8d to B%d. Medium: April 29, 7%d to 8d; April 22, 7%d to B%d; April 13, 7%d to B J 4d. Heavyweight: April 29, 6d to 7(1; April 22, 6d to 7%d; April 13, 6d to 7y«d. Ewes—Lightweight: April 29, 6 3-8 d: April 22. 6%d tb 6 l ,‘id; April 13, 6*4d to 6%d. Lamb.—Best quality, lightweight: April 29, ll’Ad to ll%d: April 22, 11 %d; April 13, ll%d. Heavyweight: April 29, lid: April 22, 10%.d to lid: April 13, 10%d to lid. Ordinary: April 29. lid; April 22, lid; April 13, lid. Second-class quality: April 29, 10%d; April 22, lOd to 10%d; April 13, lOVid to lid. Chilled Beef. —Supplies smaller and prices firmer. Hinds: April 29, 7%d; April 22, 6%d; April 13. 7d. Fores: April 29, 4%d; April 22, 3%d; April 13, 4d. New Zealand Beef.—Nominal. Hint’s: April 29, 4d: April 22, 4d; April 13, 4 l-Bd. Fores: April 29, 27-8 d; April 22, 2%d; April 13, 2%d. BUTTER. Market firm for salted, for which demand is steady, but quiet for unsalted. Present quotations are : New Zealand.—Salted: April 29, 182 s to 188 s per cwt. (Is 7%d to Is B’4d per lb.) ; April 22, 180 s to 18Gs per cwt. (Is 7%d to Is 8d per lb.), exceptional 188 s per cwt. (Is B*4d per lb.) : April 13, 178 s to 182 s per cwt. (Is 7d to Is 7%d per lb.), exceptional, 184 s per cwt. (Is 7% per lb.). Unsalted: April 29, 180 s V) 184 s per cwt. (Is 7’4d to Is 7%d per lb.) ; April 22. 180 s to 184 s per cwt. (Is 7!4d to Is 7%d per lb.) ; April 13, 180 s per cwt. (Is 7’Ad per lb.) CHEESE. Market steadier at the following reduced prices: New Zealand.—April 29: Colored, 88s to 92s per cwt. (9%d to 9%d per lb.) ; white, 78s to 82s per cwt. (B%d to 9d per lb.) ; exceptional, 94s per cwt. (lOd per lb.) colored. April 22: Colored, 92s to 94s to 90s per cwt. (9%d to 10%d per lb.) ; white, 84s to 86s per cwt. (9d to 9%d per lb.). April 13: Colored, 90s to 92s per cwt. (9%d to o%d per lb.) ; white, 82s to 86s per cwt. (B%d to 9*4d per lb.). English stocks practically exhausted.