HIGH COMMISSIONER'S MARKET REPORT.

Press, Volume LI, Issue 15269, 4 May 1915, Page 9

HIGH COMMISSIONER'S MARKET REPORT.

(PKESS ASSOCIATION TETJ-GI.AM.) WELLINGTON, May 3. Following is t..e nigu vommissioner s cable dateu London. .May Ist. (-NoteQuotations, unless otiicrwise spcciiieu, aro averago market pi ices on spot). Mutton—Tno market is iirm, with an upward tendency, and a good demand continues. Canterbury -}d, North Island 0 l-10d. Higner prices have been obtained in each case for best quality light-weight. Ewes, 5 9-lCd Lamb—The market.is weaker, and has a tendency to go downward owing to the high, price, together with tho increasing supplies. Canterbury two's 7-id, other weights Sd; second grade light-weight 7§d. Beef—the market is very iirni. supplies of American chilled aro email. New Zealand hinds Ojd, fores'* 61d; chilled hinds Bd, fores 6§d. . Butter—Tho market is firmer, with a good demand' on account of the quantity of colonial to be shipped to Australia and Now Zealand. Butter is being packed in tins for tho Government. Tho Siberian supply is running short hero. Merchants, are experiencing an inconvenient delay in delivery on arrival of the butter at tho London docks. Danish is firm at 144s to 14fis. New Zealand is firm at 134s to 1365. unsalted 138s to 1425. Australian 130s to 1325, exceptional 131s. Siberian 12S S to 130s, exceptional 1325. Irish creamery 138s. Argontine 128s to 130s. Cheese — The market is firm. Canadian -white 96s to 98s, coloured 94s to 9Gs. New Zealand is firm; wliito aid coloured 93s to 945. Australian 88s to 90s. United States is in good demand. Coloured 83s to 90s; whito 87.-* to 925. Hemi)—The market is firmer, hut tho demand h chiefly for immediate delivery- * Manila freights have been raised 30s per ton of 2240 ,lbs. Fair current... .Manila -f'9o., ....N***'«_ Zoilrnd good, fair jrrado £32 10s. f*,jr £.*»£. 10s. Forward shioraent, good, fair £31 10s', fair £3Q. Manila forward shipment cannot be quoted owing to the great uncertainty concerning tho new grading regulations. The outr-nt from Manila for the week was 26.000 b.i.es. Hops—The market continues dull, and no change is expected until de-' finite Government regulations concorning the lir."or trafl-c can be f-et-t-ed* English 75$ to 100s, Califomian 70- +<-, 955. A > Wheat—T*-efe-|ias been considerable fluctuation du|m||!the week, but tho is n*sil_ifffv'*_omewhat .steadier. Canadian on $a_sa_e 665, Mny-June 0-ts; Am«Hcan-"'nevv crop, July nnd Ai'Tist. .".os; on pnusngo 625. Oats —Tbe market is very quiet.