COMMERCIAL

Grey River Argus, 8 May 1912, Page 3

COMMERCIAL

HIGH COMMISSIONER'S REPORT. :

CPer Press Association. J WELLINGTON, May 7. The High Commissioner's ca'tyle, dated London May 4th, is as follows : Note^ — Quotation*', unless otihenvisc specified, arc average market prices on •spot. Mutton. — The market is quiet but steady; liglvb-wekfhts continue scarce and command premium prices;. Canterbury as not quoted officially .but the prices are about the- same as last week, viz: Canterbury 4sd North Island, lighst- weights B|d, heavy-height 3Jd/ . Lamb.— The market is 1 very firm with a general active demand and shipments are now clearing as soon as they arrive. Future prospects are good. Canterbury, ■ 51d, . other than Canterbury s|d, River Plate, s£d. Beef.— The market is< firm with good demand- New Zealand hinds 3§d, iNew Zealand fores 3sd-■Buyer.—-The marikefj ii?j somewhat steadier. Choicest New Zealand butter to-day is 110s ; Australian 106^ X'rg-entine 105s, 'Danish H3s, Siherian lOQs. Cheese. — The markd.) is quiet bu^ rather steadier. New Zealand white 695. colored 70s. Hemp. — The market is firmer with more demand. On spo : t — New Zcajland good to fair. 15s, fair 10s. Forward shipment same price. Manila, on r<pot, ;£22, forward shipment .£22 10s.- The output from' Manila for the week was 2000 ! i>ales. Wheait'.— The market is active notwithstanding the '- advices of heavy shipments. Nominal values 1 are as follows : — New Zealand long berried wheat, granary, quarter of 4961 b, 38s; short Iberried, 375. Oats. — The markeit as weaiker with a 'tendency downAvavd in anticipation of heavy arrivals. Peas — The market is firmer. Nominally New Zealand peas, partridge, per 504 lbs, are quoted at 37;*. Beans. — The market Is steady with moderate enquiry. Nominally, New Zealand beaivi, f.a.q. I old crops), per 504 lbs, arc quoted at 395. Mutton . and Lamb. — -River Plate shipment^ received during April 1912 arc as follows : — London 69527 10,533 Liverpool 101,344 54,400 FTulI 5,500 Newcastle 14,019 1,636 Southampton 14,960 1,350 Cardiff 8,316 . — Plymouth ],056 523 Treland 1.878 : — 217,500 08,442 April 1911 229,845 86,702 ' FfoiDS.-— The market remainsi 'firm. The second scries of wool Bales has "losod. The market i» stfrong with a veiy large demand, especially for superior merino and strong crossbreds. Prospects airc favourahle. 7700 hales of New Zealand wools were held over. The estimated values of superior merino are Is to ls» l^d per lb ;' medium 9j-d to Hid ; inferior 7-^d to 9d; fine cross'breds, all grades, lid' to Is l^d ; medium crossbreds BJd to lid; coarse cross-breds 7|d to 105 d.