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HIGH COMMISSIONER'S REPORT.

(Per Press Association.)

WELLINGTON, March 9

' The- Department of Industries and Commerce has -Received the following cable message from the High Commissioner," dated London, March 7. , The quotations, unless otherwise specified,' are average ■ market prices on the spot:— Frozen Meat. —Mutton: The market is steady, with an improved demand, partly owing . to.. the Argentine ' shipments for the last month being less than half those of February of last year. North Island, 4R for 'light weight, to as high as 4-iJd. There is a dull sale for heavy carcases of mutton at 4£d. Lamb.—The market is quiet and there is no alteration in prices. Other than Canterbury 6 5-16 d, the very best quality being as high as 6fd." Beef.—The market is dull, and there is very little business doing. There are large supplies of American chilled beef. N-w Zealand hindquarters 4_d, fo'requarters 4d, chilled hindquarters 4§dy forequarters 3.? d. Butter. —The market is quiet, and only small business' is doing. Danish is in fair demand at 1245«t0 1265. The New Zealand market is slow and prices are easier; 11.4s to 116s. The Australian, market is steady and quiet; 110s to 114s. The Argentine market is steady and quiet, 110s to 112s. Siberian, is in good demand,, new' season's make realising 110s to 112s. Cheese. —The market is quiet, and prices are slightly weaker for New Zealand. Buyers" are cautious on account of large 'shipments arriving. Prices are nominal; for Canadian and little is doing. White 60s to 71s, coloured 70s to 725. For New Zealand white the market is slow at 63s to 645; coloured is in fair demand at 65s 6d to 66s 6d. Australian whito 62s to 635. coloured 63s to 645. It is estimated that the Canadian cheese stocks at Liverpool, London and Bristol on March 2 were 96,000 boxes, against 157,000 boxes at the same time last year. New Zealand and Australian stocks at London and Bristol were 35,700 crates, against 28,800 crates at the same time last year.

Wool. —The market is strong in tone, owing to the business done.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG19140310.2.53.3

Bibliographic details

HIGH COMMISSIONER'S REPORT., Ashburton Guardian, Volume XXXIII, Issue 8814, 10 March 1914

Word Count
348

HIGH COMMISSIONER'S REPORT. Ashburton Guardian, Volume XXXIII, Issue 8814, 10 March 1914

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