COMMERCIAL.

Auckland Star, Volume XL, Issue 122, 24 May 1909, Page 3

COMMERCIAL.

HIGH COMMISSIONER'S CABLEGRAM. ' WELLINGTON, this day. 5 The High Commissioner cables as folj lows:— Mutton.—Tbe market is overstocked and 1 depressed, and is not likely to recover from : depression for some time. Canterbury Is t quoted at 2jd; other than Canterbury, 2gd. 1, River Plate muttou is in large supply, and is being strongly pushed for sale. It is " quoted at 2Jd. ; Lamb.--The market is weak. Shipments j arriving are very heavy, and the supply • exceeds 'the demand, although the low prices " are increasing the output. Canterbury, 4Jd; • other than Canterbury, 4d; Australian, S 3 3-sd. 7 Beef.—The market shows better demand. ? Stocka of Xew Zealand on hand are light, 1 and supplies of American chilled beef are r small. New Zealand hinds. 3Jd per lb; New } Zealand fores, 2id. Butter. —The market is very firm, and j supplies are decreasing. Ou account of - the dry weather, there is a great demand in n the market, in order to secure .supplies.' V Choicest Xew Zealand. 106/: Danish. 116/; - Siberian. 103/; Australian, 102/. Cheese. —The market is very firm, a good j". demand existing for the small supplies ou j. hand. White, 6.V; coloured, 67/. y Hemp.—The market is quiet, but mode.- , rate business is doing, and a better demand " exists for Manila from America. 'fhe 2 market is dependent on . Manila reports. r ;I New Zealand fair grade, on spot, per ton, f- £22 15/; fair grade £21 10/; fair current 4 Manila, on spot, per ton, £21 10/: May to " July shipments New Zealand, good fair, - £22 10/; fair grade, £21; fair current , Manila. £21. The Manila output for the ' week was 19,000 bales. J| Cocksfoot.—The market is very quiet, no _ business doing. Wheat.---The market is firmer, and very ; likely to continue so. New Zealand long- •- berried wheat, on spot, ex granary, per ; - quarter of 496!b5, 46/6; ditto. New Zealand Z short-berried wheat 45/6. Oats. —The market is firm, and prices 8 continue to advance. New Zealand oats are - short. Sparro-.vbills, ex granary, on spot. , per quarter of 3S4lbs, 26/6; New Zealand ! oats (Danish), ex granary, per quarter of - ! 3201b5, 30/3. c Beans and Peas.—The market remains s firm for New Zealand beans, f.a.q. Old t> I crop, per 5041b5, 36/; New Zealand peas, • , partridge, per 5041b5, 47/6. ™i Kauri Gum.—The market is firm, with En improved demand. Ordinary to fair c three-quarter scraped 165/; fair to half c scraped. 105/; fair half to three-quarter •s scroped, 90/; pickings, common to good, h 80/: bush, ftir to good, pale and amber, ecr&ped, 115..'.