COMMERCIAL.

Auckland Star, Volume XLIII, Issue 49, 26 February 1912, Page 7

COMMERCIAL.

LONDON MARKETS. (By CaWe.—Press Association.— Copyright.) (Received 9 a.m.) LONDON, February 25. Rabbits.-The market hn further collapsed, and UtUe business is doing. Best "sheen —Canterbury and South Island unchanged; North Island 3 16-Wd; best branos, 4ld- New Zealand ewes, 3id. and South Island North Island, 5 3-Ofid; selected . brands, sgd. Beef.— Unchanged. Australian sheep, lambs, and beef unAmerican sheep, light 3W.' others first quality 4 d second quality 4»d. Beef: Frozen fores - B d, hinds 3jd; chilled fores 3d. hinds 4jd. HIGH COMMISSIONER'S CABLEGRAM. < WELLINGTON, this day. I T>he Hteh * Commissioner's cable, dated London mn, U as follows quotations, un- : %£ oteS specified, are average market , prices on spot): — ' Mutton.—The market is quiet, andprices BligWJy weaker, but fair demand and tie output is satisfactory. North Island 3id to 4*d (according to quality). i market >* dui1 ' owlng t0 P 00 "" ' demand. Dealers hare sufficient supplies ] to last for present requirements. < anterbury, ujd. North Island is freely offerca n,t an average of jgd. Best quality. 4jd; : secondary Australian. 4Jd; River 'Plate, -*i<i. . •Beef —The market is quiet, and only small business is being done. Chilled hindquarters, 4Jd; fores, 3d. Batter. —Tbe market Is quiet, bat nrm. ; A feeling of awrehension prevails, however, on account of the strike threatening the , coal •trade The average price for the week , for choicest New Zealand, per ewt, is 132/; Aosbraitan, 128/; Danish, 138/; Siberian, j 129/: Argentine, 127/. Cheese. —The market is quiet, but steady, ; and prices are firm and unchanged. New . Zealand: White 72/, coloured 71/6. Hemp.—The market ts quiet "but steady. There »re very few offers from the Dominion and prices are more or less nominal at about quotations already given. Iferw Zeabid good fair grade, on spot, £2l 5/; fair i grade, £2O 5/; forward shipment of New' Zealand good fair, £2l 10/; fair grade, £2O 10/; fair current Manilla, on spot, £2l 15/; j forward abipmeDt of fair current Mania, I £2l 10/. The output from Manila for the •week was 32,000 hales. Cocksfoot. —The market Is firm, bat little] business is being done. Danish Is quoted at 77/ per cwt, ex warehouse. Buyers are holdln? back until they know what the prospects of the crop are on the Continent. Wool.—There Is better demand for merinos and coarse crossbreds at the last j [rate quoted- '