TRADE AND FINANCE

Hawke's Bay Herald, Volume XXXVIII, Issue 12379, 24 February 1903, Page 3

TRADE AND FINANCE

BRITISH EEPOETB London, February 22.

Frozen meat market—Sheep and lambs unchanged. New Zealand beef: 180 to 2201b, fair average quality, nominal, forei 2}i. bind! 3]i Biver Plate: Sheep 3 11-Ifid. Beef, Fores 2 H-16d, hinds 3 7*l6d,

Hemp,—Fait Wellington Ootobso to December £32 10s.

Babbit skins.—Small supply, good demand, with oooiiional Id advance. Copper,—£sß 10s. Wxliisoton, Monday.

la t he oouna of a report dated the 16th January, Mr H. C. Cameron, New Zealand predate commissioner in England, »y»r—"General latU!action re-1 carding the Karamea ahipment of butter hat been expreiaed by the bade. It, however, unfortnnatily met with a declining market, and had to be quitted at lower prices than were obtained for previous shipment!. The market has bean affected by leveral weakening factors, apart from the large quantities of stored butter and the long spsU of mild weather experienced until a few days ago. Large supplies of new made goods hivs continued to coins forward from the Continent and elsewhere, with which New Zealand has had to compet. The Karamea ahipment of cheese met with an excellent market, fine brands readily making -from 60s to 61a per owt. Supplies all round are in comparatively imall commut, and there ia every prospect of nricei being fully maintained for some fane to come. It would appear from the position of the market and the prospectafor the future, that those factories which have confined their operations to n .fmHn fr- will probably show better xecclte at the end of this season than ttoee that while formerly making ohaeaa have this season changed to ,batter-making. A steady policy one way or the other would aeem to be the fce/t in the long run. The Tongariro’a ahipment n) delivered in excellent condition generally/' . The Department of Agriculture has moeived the following eible message Jtoa the Agent-General, dated the 21st iaatant —The mutton market is weak. farther drop in the price* of mutton .lims imminent The average price today for Canterbury mutton i* 4 S d, SL<Jte. Sonthlam?, and Wellmgton ito!tE*port 4|d, other North Island 4»d. ThO lamb market is *,«ady at from Bid to 6id, Beef i. very dnU, Hew Zealand hinds 3Jd, foree 2|d. There is a batter demand for tatter. The Price of butter to-day i» 99*P« owtThe cheese market is steady at «3,. Hemp: The price of good fair Wellington gisds to-day u £32 P® Jannary-March shipmente, £29. ine bempmsrket is speonlafare in distent dSfveiies. There ia no alteration in the oookjtoot seed market.

LIVE STOCK. Beodved Teirniry 23.10.8 pja, Stuhet, Monday. Hom-obush sales,—Beat wethers 16s, geod 14* to 14s 6d, medium 10sMi best ewes J4s4d, good 13s 6i to 14*. medium lOi. Best bullocks Al4 IWJ. extra £ls. good £U ss. medium £7 10»s best oows .£lO, good £! IB*, medium £6 6*. Best beef 40s per lOOila.