COMMERCIAL NEWS.

Waikato Times, Volume 107, Issue 17972, 18 March 1930, Page 3

COMMERCIAL NEWS.

BUTTER AND CHEESE. POSITION OF BTOCKS IN LONDON. The Dairy Board advises that the position of stocks of butter and chees as at March 31, 1930, were as follows (figures for 1929 are given in parentheses) : Butter. Estimated stocks of all butters in London, including private and provincial stores, 10,700 tons (10,000 tons). Slocks in New Zealand, including loaded into steamers not sailed finally at March 1, 14,625 tons (8367); New Zealand stocks afloat, 12,500 tons (15,125) —total, 27,125 tons (23,762 tons). Cheese. Estimated stocks in London, Liverpool and Bristol—New Zealand and Australian, 7000 tons (9429); Canadian, 5400 tons (3563) —totals, 12,400 tons (12,992). Stocks in New Zealand, including steamers not sailed finally at March 1, 15,570 tons (13,000); stocks afloat from New Zealand, 13,174 tons (13,404); total in sight, 41,114 tons (39,396). Prices in London. The prices for butter and cheese ruling in London during February were as follows:

FROZEN MEAT. PRODUCERS’ BOARD CABLE.

! The New Zealand Meat Producers’ j Board has received ihc following cable i from its London office, dated March i 14, advising that the following are the | approximate average prices realised i for the week, based on actual trans- '! actions of wholsale quantities of the J descriptions of meat mentioned, and are for representative parcels of the j goods offering during the week, being ! for business done on the basis of dei livered to Smithfleld market and/or 1 ex London stores: — New Zealand Sheep—Canterbury and North Island selected crossbred wethers and maiden ewes, 481 b to 561 b, 7Jrt; 571 b to 641 b, 7.jd; 651 b to 721 b, 6Jd; North Island, 481 b to 561 b, 7jd, 571 b io 641 b, 7d; 651 b to 721 b, Old; ewes, 481 bto 641 b, 6 J cl; 651 bto 721 b, 6:jd. New Zealand Lambs—Canterbury, 361 b and under, 8?d: 371 b to 421 b, 82cl; 431 b to 501 b. BJd; second quality, average 331 b, Sid; selected North Island brands, 361 b and under, 8|cl; 371 b to 421 b, 83cl; 431 b to 501 b, Sid; second quality, average 311 b, S g cl; other North Island brands, first quality, 361 b and under, Sid; 371 b to 4 21b, 83 d; second quality, average' - 311 b, 81 d. Australian Lambs—Victorian, first quality, 361 b and under, 8Jcl; 371b.t0 421 b, Bd.

Argentine Lam!) —-First quality, 361 b and under, BJd; 371 b to 421 b, Bd. New Zealand Beef —Ox fores, sd; ox binds, Od; cow fores, 4£d; cow hinds, sjd.

I, Agcntine Chilled Beef —Ox fores f 5Jd; ox hinds, 7Jd. ; Australian Frozen Beef—Ox crops, 1 over 10Olli, not quoted; ox hinds, over r 1001 b, Gd. I New Zealand Prime Porker Pigs—' | 601 h to 1001 b, lid; 1011 b to 1201 b, i 10.{d; New Zealand prime baconer 1 pigs—l2llb to 1801 b, 10d. i' Lamb—Market steadier at lower I values. i Mutton —Market is easier owing to ! larger quantities arriving and also to much lower prices quoted for forward delivery. Beef—Market steady but trade slow. New Zealand porker Pigs—Good demand with firm prices. New Zealand Baconer Pigs—Arrivals are being disposed of as heavy pork. RABBJTSKINS. The New Zealand Loan and Mencantile Agency Co., Ltd., Hamilton, have received the following advice from their London House, dated 14t'h Inst.: “Compared with preceding auctions prices for New Zealand rabbitsldns are: Furriers, prime 5 per cent, higher, good 5 per cent, higher; hatters, prime

5 per cent, higher, good 5 per cent, higher. Irregular demand. Current quotations for New Zealand raihbstskins: Summers, 18d to 25d; light racks, 30d to 40d; autumn fail? pelts, 34d to 3Gd; bucks, 29d to 40d; Ist winter ..bucks, 79d to 85d, does 90d to 100 d; 2nd winter bucks 46d to God, docs 74d to 8Od; prime bucks, 83d to 94d; prime does, iiOd to 112cU

Butter. 1900. 1929. £ £ First week .. 152/154 181/185 Second week .. 150/152 180/182 Third week 14 4/14 8 178/182 Fourth weqk .. 143/148 170/17G Cheese. 1930. 1929. £ £ First week . . .. 88/91 92/95 Second week .. 88/90 90/94 Third week . . .. 84/87 88/92 Fourth week .. 85/87 84/83