COMMERCIAL.

Taranaki Daily News, 7 June 1922, Page 8

COMMERCIAL.

LONDON MARKETS. HIGH COMMISSIONER’S CABLED REPORT* The Department of Agriculture has received the following cablegram, dated June 2, .from the High Commissioner for New Zealand, London : MEAT. Mutton market remains without any Improvement; demand small and prices shown downward tendency. Lamb market somewhat steadier and tendency flrihet. New Zealand Mutton.—Light-weight: June 2, 7%d to 7%d; May 27, 7%d to 8d; May 20, 7<i to B%d. Medium: June 2, 6%d to 7%d;.May 27, 6%d to 7%d; May 20, 7d to 7%d. Heavyweight: June 2, 5%d to 6%d: May 27, 5%d to 6%d; May 20, 6d to 6%d. Ewes—lightweight : June 2,5 d to 6d; May 27, 5d to 6d: May 20, 6%d. New Zealand Lamb.—-Best . Quality—Lightweight: Juhe 2, to ll%d; May 27, ll%d; May 20, ll%d. Heavy-weight: June 2, lid; May 27, 10%d to lid; May 20, 10%d to lid. Ordinary: June 2, 10%d: May 27, 10%d; May 20, 10%d. Seeohd-class quality: June 2, lOd to 10%d: May 27. 9%d to lOd; May 20, 9%d to lOd. Chilled Beef.—Hinds: June 2,6 d; May _f, 6%d; May 20, 7,d.' Fores: June 2, 3%d; May 27; 3%d; May 20, 3%d. New Zealand Beef.—Ox hinds: June 2,4 d; May 27, 4d; May 20, 4d. Fores: June 2, 2%d; May 27, 2%4; May 20, 2%d. BUTTER. Market quiet and prices slightly weaker. Official quotations are : New Zealand.—Salted : June 2, lC3s to 166 s per cwt. (Is to Is 5%d per lb), exceptional, 170 s per cWt. (Is 6*4d per lb) ; May 27, 160 s to 170 s per cwt. (Is 5%d to Is 6%d per lb) ; May 20, 170 s to 176 s per cwt. (Is ‘ 6%d to Is 6%d per lb). New Zealand.—Unsalted: June 2,168 s per cwt. (Is 6d per lb) ; May 27, 166 s to ,168 s per cwt. (Is 5%d to Is 6d per lb) ; May 20, 170 s to 172 s per cwt; (Is 6»4d to Is 6%d per lb). CHEESE. Slow. Present quotations are:— New Zealand.—June 2: Colored, 68a to 72s per cwt (7%d to 7%d per lb) ; white, 68s to 70s per cwt. (7%d to 7%d pet lb). May 27: Colored, 76s to 80s per cwt. (B%d to B%d per lb) ; white, 68s to 72s per cwt. (7%d to 7%<1 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). Stocks at London, Liverpool and Bristol, June 1, estimated at 49,900 crates New Zealand and Australian, and 23,850 boles Canadian and U.S.A. WOOL. Bradford market firm but quiet. Present quotations are:— Tops.—64's (merino), 4s lOd; 56's (super halfbred), 2s 8d; 40’s (coarse crossbred, prepared) Is l%d. LONDON BUTTER MARKET. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London house, iqjder date 2nd Instant: "Butter: New Zealand, 164 s to 166 s per cwt.; market steady." SYDNEY WOOL SALES. By Telegraph.—Press Assn .—-Copyright. Received June 6, 10.30 p.m. Sydney, June 6. The twentieth series of wool sales has opened. Bidding was spirited and late rates were well maintained.