COMMERCIAL.

Auckland Star, Volume XL, Issue 51, 1 March 1909, Page 3

COMMERCIAL.

HIGH COMMISSIOXEK'S CABLE. (By Telegraph.—Press Association.) IVELLINGTO.X, this day. Following i s the cable from .the High Commissioner, dated .February 27:— Mutton.—The market is overstocked and depressed. Current quotations: Canterbury, •which is in small supply, 3Jd; North Island which is in large supply, 3fcd; River Plate, _8d; Australian, 2|d. I-amb.—The market is very dull, and the supply exceeds demand. The weather lately has been very unfavourable to the sale of lamb. Thi. season's Canterbury is quoted at Sid, other than Canterbury 5Jd, Australian 4cl, Argentine 3_d. Beef. —The market is weak, and there is •less demand. Supplies of Rlvor Tlate beef are heavy. Current quotations: New Zealand hindquarters 3_d, forequarters 2_d. Danish beef is selling at a low price, down to 3*d. Butter.—The market is duU on account of heajvy arrivals. Choicest Jv'ew Zealand 'butter is quoted at 106/, DauiS'h 115/, Australian 103/, Argentine 104/, Siberian 102/ per owt. Cheese.—The market is quiet, and holders are firm, there being no change in prices. •Hemp.—The market ■continues dull. Current quotations: -Good fair grade, ou spot. £24; fair grade, on spot, £22 0/: fair current Manila, ou spot, £23 10/: March shipment, good fair grade. £23 10/; fair grade, £22; fair current Manila, £22 0/. Last week's Manila output amounted to lio,ooo ■bales. Wheat.—The market is active, with good demand. 'Nominal quotations: New Zealand long-berried wheat, oil spot, ex granary, per quarter of 4081b. 3S/6. Oats.—The market is quiet, but firm. New Zealand short sparrowblll oats, ex granary, on spot, per quarter of 3S4lb. 24/; iN.Z. Danish oats, ex granary, on spot, per | quarter of 3201b, 16/6. Beans.—The .market is firm, and the demand is only moderate. N.Z. beans f.a.q. (old crop), per 50411), 23/. Peas.—The market is firm, there being small supply. Partridge peas, per 5041b, 42/. Wool.—The market is strong, all stocks advancing. Hops.—The -market is very quiet. Cocksfoot Seed.—TJie market is flat, nothing whatever doing.