COMMERCIAL.

Feilding Star, Volume XII, Issue 2858, 1 February 1916, Page 4

COMMERCIAL.

HIGH COMMISSIONER'S REPORT TER PIIBBS ABBOOIATIOH. Wellington, January 31. Tho following \h the High Conimissioner'K cable, dated London, 25Hh (quotations, unless otherwise specified, being average market) prices on spot): Frozen moat. —The market is very quiet, with no change in prices and iittlo domaud for Now Zealand, although home-killed v supplies are decreasing. Mutton: Canterbury, 7gd for light-weight; medium 7.] d, other brands other than Canterbury, not quoted; ewes 7d. The lamb market is very dull. This season's Australian arrivals ftb tho market are selling at 7<Sd to 7Jd, and this affects prices. Canterbury, 7|d for all weights; second grade, 7|d; other brands than Canterbury, 7Jd for best quality; ordinary quality, 73d. Beef: New Zealand beef is not available. Chilled hinds 7gd, fores 6d. Butter.—Tho market is firmer. The Danish market is very quiet at 156s to 158s. Tho New Zealand market closed firm at 144s to 148s, unsalteS 158s to 1625. The Australian market is quiet but firm at 140s to 1465. Tho Siberian market is quiet at 124s to 130s; Argentine, 136s to 140s ; Tho cheeso market remains firm. The Canadian market is quiot but linn. White and coloured, 99s to 100s; New Zealand prices* were firm at the close of tho market. White and coloured, 98s. United States was in fair «lomand; white ami coloured, 97.5, English cheddar, 104s to 100s; Cheshire, 114s to 120s. Hemp.—Tho market is steadier, with a good demand for all descriptions. Prices arc firm. Now Zealand good fair, on spot, £47 10s; fair, £46. Manila : New graded fair, £55 ; coarse £50. February to May shipment: New Zealand good fair, £46 10s; fair, £45; Manila, new graded fair £54, coarse £49. Tow: Second grade on spot £25, forward shipment £21. The wheat market is slightly weaker, with less demand. Ganadian, arrived, per quarter, 60s 6d; February to March shipment, 65s 6d; Australian February to March shipment, steamer, 65s 6d; sailer 645. The onts market is dull and very little business is doing. Argentine: On spot, per quarter, 31a 6d; February to March shipment 335. Wool.—Tho wool market is firm and price* continue to advance for crossbred, which are, scarce and are in active demand nt full price*.