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COMMERCIAL.

LONDON MARKETS. HIGH COMMISSIONER'S MARKETS dABLEGfcRAM. (By Telegraph.—Press Association.) WELLINGTON, this day. The High Commissioner cables, under date March 20th.— The mutton market is overstocked and depressed, and there is little chance of any advance for some' time, as stocks are .accumulating. Current quotations, are as mutton, 3|d; North. Island, 2{d; River Plate, 2gd. Lamb: The market is weak, .and there is dull sale for all brands. Canterbury, lamb is quoted at 3d; other than Canterbury, '4-jd. Beef: The market is quiet. Hindquarters are quoted at 3Jd; forequarters, 2}d. Butter: The market Is quiet, .but steady. Current quotations are: Choicest New Zealand, 106/; Australian, 102/; Danish, 115/; Argentine, 105/. Cheese: The market is firm, with a hard- ' "ening tendency, and signs of improvement i In price. " White cheese is quoted at 60/; coloured, 64/. Hemp: The market is dull, and no Immediate change is expected, .as- large shipments are airiving from Manila, last-week's output being 32,000 bales. . Current quotations are as follow: Spot, good fair gride, £23-, fair grade," £21;-fair current Manila, £23; April to June shipments, and good fair grade, £22 1/; fair grade, £22 10/; falgrade, £21; fair current Manila, .£2l 10/.™ Cocksfoot Seed: The market is firm. -Buyers have been offering more freely. Bright clear, 171b 6eed, is qndted at 80/. ■ Kauri Gum: The market is quiet, but steady. Current j ate: 10rdinary to fair threerquarter scraped, 165/;- fawn, half, scraped, 105/; brown, fair,.. naif to three-quarter scraped, 90/; brown pickings; common' to good, 55/; bush, fair to "good, pale and amber, scraped, 160/. - Hops: The market -is very quiet and nothing doing. . -.. . . ....... ~ Wool: The market Is firm, with a'good demand lor all descriptions, and ar half- • penny advance during the week. LONDON. ". 'T: 7 (By Cable. —Press Association.—Cb'pyrlgn't.) (Received 8.25 a.m.) \ LONDON, March .22. Wheat.—An Australian cargo sold at 39/9; 14,000 quarters of February-March, ' shipment, 40/; a cargo and 8000 quarters ' March-April shipment. .40/3. . ~. Wool.—-There is remarkable- - -animation amongst Yorkshire buyersv for.. good 'merttfds, and" prices show a - hardening l tendency. -Crossbreds ""are- v&y firm: a'trhighest ' late rates: To date 139,463 boles have- been ' offered, and 134,960 SQld„ including, Tawapaita 7gd, Opu Sid, Awhea Bjd ; Titi IOJd, W.D: llgd. - -- ' Linseed oil, £23. •Rabbits. —The' arrival of three cargoes has eased the market. Large New South Wales sorts are retailing at 18/6 to 19/; • Victorians, "17/ to 18/. Sheep:—Ganterbury, heavy 3d; Southland, • .uon'e,.Offering; North, Island,,2 13-16 d; best brands, 3d. Other "sorts unchanged. ; "'l^i'mbs.—Canterbury; • -light'- -4 -15-16 d, medium 4jd, heavy 4|d; Southland, unquoted; North Island, 4 7-16 d; hinds unchanged. Australian sheep, lamb, and beef unchanged. River Plate.—Sheep and lambs unchanged. \ Beef: Fores, 2|d; hinds unchanged. .Hemp.—: Hemp is slow of sale, April to r June shipments are at £22.10/7. .Z > '"'Copper.—Spot £55 6/3: three months, £56 2/6"."Ele'ctrbrytlc, '£56 12/6.' " "" - Tin .-"Spot - 129 r three - months,- £ 130 K>A '■ Lead. £133/9. Silver, 23 5J6d. I Antimony, & 10/. Copra.—The market Is steadier. South [ Bea, In bags, afloat, £17 17/6. STiares.—Waihi: Buyers, IS 15/; sellers, £8 17/6. Waihi Grand Junction: Buyers, ' 23/9; sellers, 26/3.

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COMMERCIAL. Auckland Star, Volume XL, Issue 69, 22 March 1909

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