92 .JollR^ALOF THE DEPARTMENT OF AGRICULTURE. JuLl", 1922. 



THE OVERSEA MARKET. 



MARKET PRICES OP SOUTH AFRICAN AND OTHER PRODUCE CABLED BY 

 THE TRADE COMMISSIONER, LONDON, ON THE 17th JUNE, 1922. 



[Note. — Unless otherwise stated, (1) prices quoted are c.i.f. London ; (2) continental 

 prices are c.i.f. Hamburg ; (H) e.r store means in London ; (4) Cotton shows closiug prices 

 Liverpool ; (.5) wool, mohair, and feather prices are at the auctions mentioned or in London : 

 (6) butter, bacon, and cheese quotations are " spot " prices.] 



Wool. — Fifteen hundred bales of South African privately-owned wool were offered 

 during the week : prices showed a decline of 5 per cent, for greasies as compared with May 

 auction. Four thousand four hundred bales of Government-owned South African wools 

 were offered on 15th May, and practically all sold. Gi-easy combing wool is 5 per cent, to 

 10 per cent, cheaper. The tendency of the market is slightlj'^ lower for all classes of wool. 

 The Continent is buying well, but the home trade is rather quieter. 



Mohaif. — The trade outlook continues healthy at prices ruling last week ; the demand 

 is still for fine quality supers, winter hair showing no material improvement. 



Hides. — The market is quiet, but the tone firm : there is no business of special interest 

 to report. Wet salted Johannesburg 7d. to 7^d. Natal : wet salted 6^d.. dry salted best 

 heavy 8^J., dry best heavy QJd., seconds l|d. less. 



Skhi.s. —Sheepskins are firm at last sales prices : Angoras and goat skins are un- 

 changed. 



Wattle Bark. — July- August-September shipment"? to Hamburg for chopped are quoted 

 at £9. lis. 3d., and September-December shipments i;9. 1.5s. to £10, but little busitiess is 

 passing at these prices. A small lot of chopped June-July shipments sold this week to 

 Hamburg at £9. 2s. 6d. Extract is quoted at £25 to £26 per ton c.i.f. United Kingdom 

 01 continental ports, according to the quality, but the market is quiet. 



Maize. — The market is very quiet. Buyers show little interest, except in American 

 and La Plata maize. American maize is quoted at 29s. 6d. (12s. 3^d. per 200 lb.) for June- 

 July shipments, and La Plata maize 33s. (13s. 9d. per 200 lb.) for the same position. Round 

 yell )W No. 6 was sold to Hamburg early in the week at 32s. 6d. (13s. 6^d. per 200 lb.) and 

 on the 1.5 h, 32s. 3d. (13s. h\d. per 200* lb.) was accepted for both Flat White No. 2 and 

 Round Yellow No. tJ, August-September shipments. These are about to-day"s value. 



Maize 3feal.— 'So business is reported. There are sellers at £7. li)s. per ton, but the 

 value is not more than £7. 2s. 6d. for July-August shipments. 



6froiin(l-nut,<i.— The market is dull, the value of West African undecorticated spot being 

 about £18 per ton. 



O.strieh Feaiherx. — Owing to the proximity of the coming auction, scarcely any business 

 was done during the week. 



Dried Fruit — The market is very dull. South African Raisins, tirst quality, nominally 

 78s. to 80.S., secimd 70s. Sultanas, bleached, in 25 lb. boxes. £5. 12s. to £.5. lis. : in bags 

 £5. 7s. ; unbleached 95s., in 50 lb. boxes ; all per cwt., duty paid. 



Butter. — The market is very firm. Australian 1st grade £9. 14s., 2nd grade 2s. to 5s. 

 less. New Zealand 1st grade £9. "iSs. to £10. 



Cheese. — New Zealand 88s. coloured, 90s. white. Canadian new 84s. and 8()S., according 

 to quality. The maiket shows a slight improvement. 



Bacon. — The market is unsteady. Danish £7. 14s. to £7. lt>s., Irish £7. 16s. to £8, 

 Dutch £6. 16s. to £7, Swedish £7. 4s. to £7. 14s., South African £4. 8s. to £5. East African 

 808. to 85s., per cwt. ; all green Wiltshire sides. 



Sugar. — America is quoting 21s. 9d. to 22s. per cwt. c.i.f. United Kingdom for granu- 

 lated. 



<?««ow.— American futures : Jul^ 12-42d., October 12-17d., December ll-96d. per Uj. 



i-VwjY,— The citrus fruit per "Windsor Castle" arrived in very good condition. Prices: 

 Oranges, seedlings 20s. to 25s., navels 25s. to 28s. up to 30s. per box. Naartjes, 4s. 6d. per 

 tray, lOs. to 12s. 6d. per box. Natal pineapples : These averaged 10s. per case, their con- 

 dition! being fair. There are still too many green fruit. Grape fruit, price 45s. to 55s. 

 Trade is very slow owing to the large arrival of strawberries and other soft fruit. 



