HIGH COMMISSIONER'S CABLE.

Press, Volume LXV, Issue 13611, 21 December 1909, Page 9

HIGH COMMISSIONER'S CABLE.

(TKESS ASSOCIATION TiCLEGUAM.) WKLLINOTON, Dfewnher 20. The lii.:h C<immis.vion"r's c;«!»k» from London. •uatcJ Dix.-emU'r 17th. is as follows :— Mutton—There is a bettor demand f;r rmition. and the marlut is tinr.er. on aroount of the small «'x-lH.-v-tf<l from the Argentine, and owin:4 to the coal jtriUe in Australia. H« ; t rpwlity Canti'ibiiry ni;ition i.-i in small snnrtiy. Avrrat;e 3id to lit., according: to (jnaiity; North Island avera;;o quality t^d. J.amb-Thi' market is depressed, nnd quantities of stale 10mb.3 are beiny phu-ed <:n the marker. Tlu- low prices f< !• lamh ar> due to tlie ineroasin;4 output of Australian and River Plate. New season's iambs are frwly offered at averano prict« of to -1-Ul, anci 31d to -lid respectively, according to cjunlity. (Last wwk's (jtiotntions for New Zea'.ar.-.l laml> were: —CuitorUury 3Jd, <thei- New Zealand brands 3Jd.) Hcef—Tlic maikt-t i.i dull, and supplies of Jlivw Plato beef heavy. Average price of hindquarters New Zealand hoof i.s 3id. forwiuarteis 22d. Isutter —The market h> steady, with a good demand. The nia-ket for New ZoalnTid butter is demoralised and in an unsatisfactory condition. Danish fod-c'.cr-fed butter is firmly held, ami prices for it have advanced since Rst tideyraphiny. New Zealand butter of excellent quality is beinc; pushed for sale by weak holders, and prices have declined. There is no concentration of New Zcoland interests. Shipments of butter and ch-°ose, per Tniniii, arrived in <;o<kl condition. Average price choicest New Zealand butter 110s, Australian 108s, Danish 127 a. Cheese—The market is dull. The average price of New finest white cheese is oos 6d, coloured o-ts (Td.

Hemp—The market is very quiet. New Zealand hemp. »;o«d fair grade on spot, £28 per ton, fair grade £i/, Manila fair current £27, January-March shipments, New Zealand rjood fair j127 10s fair £2(1, Manila £20. The output of Manila for the week was 10,000 bales.

Wheat and Oats—There is no change in the market for wheat and oats. (Last quotations were: New Zealand short-berried wheat .-9s, long-berried 39s <xl, sparrowbill oats 10s 9d, and Danish oats 175.) Beans —The market is firm, owing to the reduced supplies. Tho price of New Zealand beans, ■f.a.q., new crop, per 5041b. is 40s. p eas .—The market is firm, with a hardening tendency, and there is a general and active demand. New Zealand partridge peas 55s per 5041b. Hops—The market remains firm. (Last quotations: .New Zealand hops llos, United States 110s, European 1505.)

Wool —The market is firm, eepecially fdr medium and coarso crossbreds. Current Bradford quotations for tops arc: 3G's low crossbreds Is lid, 40's low crossbreds Is 2d, 44's medium crossbreds Is 3:yd, 50's halfbrcds Ls Bd, 56's quarterbreds ls lOiJd, GO's merinos 2a 2 Jd.