HIGH COMMISSIONER'S REPORT.

Ashburton Guardian, Volume XXXV, Issue 9155, 1 June 1915, Page 8

HIGH COMMISSIONER'S REPORT.

:',,:-. : : . WELLINGTON, May 31. The High Commissioner's cable or the London markets is dated May 29.1 The quotations, unless otherwise specified, are t!u? average market prices on spot. ■.■••• MEAT. | Tho demand ]uu> fallen off considerably on account of high prices, but the market is firm, and prices continue to advance owing to. .the- short supply available for the general public. ■Mutton.—Canterbury.' G^d; North Island, 6j<.l; ewes, 6d. Lamb.-—Canterbury, Sjd for all weights; second grade. 3d ; other than Canterbury, Bjd for best quality, second grade, 7sd. Beef. —New Zealand beef is not quoted. There is a moderate supply of chilled at the following rates: —Hinds, 8$d;; fores, 6Jd. . BUTTER. The butter market is quiet, and may go lower. Danish, 14Ss to-.lfSOs; iNew Zealand, 142s to 1445; Australian, 138s to 140s; Siberian not quoted. Of Irish creamery, the Government buying continues at 140s to 1445; .Argentine, 138s to 140s.

CHEESE. The cheese market is very firm on account of the difficulty of obtaining supplies.- Canadian last season's make is cleared, and this season's make is not yet .available.. The market for New Zealand is'firm, and prices continue to advance. White and' coloured, 9.Ba■• to ■ 100s; United States, clearing on arrival at 88s to 945 4 according to quality and size. English cheddar is not quoted. . ■ ■;-

' WHEAT. The wheat market is becoming more depressed on account of the' very-mode-rate demand, and prices are nominal. Of Canadian on passage nothing is offering here; May to June shipment, 645; American, July-August shipment, 545; August-September shipments, 53s 6d; Argentine on passage. 635.

■■■■ :-OATS. The oat market is dull, and there is 'very little business doing; Argentine ;on spot, 30s ;-Mayl Juno shipment, 395.