COMMERCIAL.

Taranaki Daily News, 31 May 1922, Page 8

COMMERCIAL.

LONDON MARKETS. HIGH COMMISSIONER'S CABLED REPORT. The Department of Affrieulture lias received the following cablegram, dated May 27, from the High Commissioner for New Zealand, London: — MEAT. Mutton market weaker with less ; demand. Lamb in fair demand, and prices same as last quotation : New Zealand Mutton.—Light-weight: May 27, 7%d to. 8d; May 20, 7d to B x 4d; 'May 13, 7%d to 8 3-Bd. Medium: May 27, o%d to 7%d; May 20, 7d to 7%d; May 13, 7*46 to 7%d. Heavy-weight: May 27, 5%d to 6%d; May 20, 6d to o%d; May 13, 6%d to 6%d. Ewes—Light-weight: May 27, 5d te 6d; May 20, Gl-8d; May 13, G%d. New Zealand Lamb.—Best quality. Lightweight: May 27, llVid; May 20, ll’4d; May--13, ll&d. Heavy-weight: May 27, -10%d to lid; May 20, to lid; May 27, 10%d; M y 20, lOVlid; May 13, 10%d. Second-class quality: Mffy 27, 9%d to 10d; May 20, 9%d to lOd; May 13, lOd to 10%d. New Zealand Beef.—-No change. Hinds: May 27, 4<l; May 20, 4d. Fores: May 27, 2%«1; May 20, 2%d. Chilled Beef—Hinds: May 27, o*l-8d; May--20, 7d; May 13, 7d. Fores: May 27, May 20, 3 7-8 d; May 13, 4d. BUTTER. Market quiet; prices have declined for all grades, owing to large arrivals of Danish. Present quotations arc: — New' Zealand.—Salted: Maj/ 27, 160 s to 164 s per cwt. (Is s‘4d to Is sVfcd per lb), exceptional 170 s per cwt. (Is 6%d per lb) ; M.i,V 20, 170 s to 172 s per cwt. (Is to 1g 6%d per lb), exceptional 176 s per cwt. (Is per In) ; May 13, 166 s to 172 s per cwt. (Is 5%d to Is per lb), exceptional 174 s per cwt. (Js per lb). New Zealand.—lJnsalted : May . 27, 16Gs to lGBs per cwt. .(Is 5,%d to is (jd per l|i) ; May 20, 170 s to 172 s per cwt. (Is 6 1 4 d to is Gtfcd per lb) ; May 13, 166 s to 170 s per cwt. (Is • r >%d to is (>’4d per lb). Danish.—May 27, 184 s to 188 s per cwt. (Is 7%d to Is B’/*d per ’lb) ; May 20, 186 s ♦Q mils nar cwt. (Is 8d to Is pi? lb) ;

May 13, 176 s to 180 s per cwt. (Is 6%d to is 7%d per lb). CHEESE. Cheese.—Very slow demand. New Zealand.—’May 27: Colored, 76s to 80s per cwt. (B’Ad to per lb) ; white, CBs to 72s per cwt. (7%d to 7%d -per lb). May 20: Colored, 80s to 84s per cwt. (B%d to 9d per lb) ; white, 72s to 74s per cwt. (7%d to 8d per lb). May 13: Colored, 82s to BGs per cwt. (B%d to per lb) ; white, 72s to 76s per cwt. (7%d to 8% (i per lb). CANTERBURY PRODUCE MARKET. By Telegraph.—Press Association. Christdhurch, Last Night. The unarket generally is on the dull side, although there is a steady demand for seeds. Good milling wheat continues to be disposed of as it comes in, hut the position is different as far as under-grade wheat Is concerned. Oats are just as hard to sell as they were last week, enquiries for them being few and far between. Ryegrass and cocksfoot are selling well, principally for delivery about the end of July and beginning of August. Tho indications are that there will be a good demand for these for the spring. Partridge peas are still selling firmly at Bs, and, in a few cases another sixpence or so is being paid. Linseed Is still quoted at last week’s rates. It is stated, however, that Australian buyers are hot prepared to pay this figure, and as fanners are reluctant to take less, there is not much doing in this line. Potatoes are dull of sale, but the Opinion is expressed that better prices will be obtainable before long. AUCKLAND SHARE MARKET Auckland, Last Night. Sales : War loan 1938, £ 294 ; soldiers bonds £97 12s 6d; soldiers inscribed, £97 12s 6d; New Zealand inscribed 1938, £93 15s 6d; National Bank, £5 18s 6d; South British, 36s 4d; Auckland gas, 21s lOd; P. and 0., £312; Grand Junction, 6s lOd. BRADFORD WOOL MARKET. By Telegraph.—Press Assn.—Copyright. Received May 30, 5.5 p.m. London, May 29. The Bradford wool market is firm and there is little business, topmakers only quoting for' delivery at the end of the year. EXPORT OF APPLES. ANOTHER DAMAGED SHIPMENT. ; Received May 36, 5.5 p.m. London, May 29. Some of the Port Nicholson’s apples were brown inside, similar to those brought by the Armagh. The Overseas Farmers' Federation is conducting exhaustive enquiries to endeavor to trace the cause, including an p.nalysis of the air in the hold, and it is submitting samples of the apples to tTie Cambridge University botanical experts. LONDON METAL MARKETS. Received Maj’ 30, 8.30 p.«m London, May 29. Copper.—Spot £62 Ss 9d; forward £62 b6s 3d. Lead. —Spot £25; forward £23 10s. Spelter.—Spot £2B 2s 6d; forward £27 17s Gd. Tin.—Spot £l5l is—3d; forward £l’«2 Gs 3d. Silver.—36 3-8 d per «.