COMMERCIAL.

Auckland Star, Volume XLVI, Issue 63, 15 March 1915, Page 2

COMMERCIAL.

LONDON PRODUOE MARKETS. HIGH COMMISSIONERS CABLEGRAM. (By Telegraph.—Press Association.) WELLINGTON, this day. The High Commissioner* cable, dated London, March 13, is os lollows (questions unless otherwise specified arc average market prices on spot):— Meat.—Tbe market has been affected by the increase In arrivals ot Chilled beef. There Is lees demand for all descriptions ot frozen mutton, but the market Is firm notwithstanding. Mutton.—North islam!, 6d tor best quality; ordinary quality, Bid; en-es, 5 9-16 H. iLamb.—Other than Canterbury, 7Jd; second grade, T.d. Beef. —New Zealand hinds, «_d; fores, Gid. Chilled hinds, Old; fores, S.d. I Butter.—The market is very firm. Danish, 'l.fl/ to US/; Sew Zealand. 138/ to 140/; I exceptionally choice, 142/; Australian, 130/ to 138/; exceptionally choice, 140/; Siberian, 130/ to 134/: Argentine, 1 34/ to 13S/. | Cheese.—The market Is very firm owing to continned demands for Government. 'Holders are firm. The Somerset should dock i some time to-day. The Canadian supply Is I practically exhausted. Canadian white and Coloured. 94/ to 96/: New Zealand (firm). | white and coloured, 92/ to 94/; United ■States, 80/ to 90/; English Cheddar (Arm), 08/ to 102/: Australian. 89/ to 02/. | Hemp.—The market Is rather more active, and there Is better 'demand. New Zealand, good fair grade, £32; fair £32; fair current Manila; -3G 10/,'ln'any position. The ontpnt from .Manila for the week was 24.000 bales. Quotations always Include war risk. r. Wheat.—The market Is steady, but there "has been considerable fluctuation In prices. ■Surer* are holding bock, and holders are not disposed to yield, as Argentine reports are unfavourable. Canadian, 02/; American, 02/; Argentine, 61/. Wool.—The market is strong. TALLOW. The N.Z. Loan and Mercantile Agency Co., Ltd., have received the following cable from tbelr London ofllce, ander date 10th : Inst.—"Tallow: We quote present spot values for the following descriptions :—Fine mutton. 42/ perewt: good beef, 40/9; mixed 33/. The market Is dull, with downward tendency."