COMMERCIAL.

Hawera & Normanby Star, Volume LXXI, Issue LXII, 13 May 1912, Page 7

COMMERCIAL.

HIGH COMMISSIONER'S REPORT

BY TELEGRAPH -PHIS&B ASSOCIATION,

WELLINGTON, May 13. Ihe following is the High Commissioner s report, under date London, May 11: Quotations unless otherwise specified are average market prices on spot.

Mutton: The market is quiet but firm, nominally Canterbury is quoted at 4|d, North Island, 3|d. Lamb: The market is active with good demand, and prices are firm. The market has been favorably affected by a shortage in Home supplies and a decline of 23 per cent, of imports during the year. The weather continues favorable. Canterbury, 6d; other than Canterbury, sfd.

Beef: The market remains firm and a good demand continues. Best quality is scarce. New Zealand hinds, 4fd; New Zealand fores, 3fd. Butter: The market is steady with improved demand, and the decline has been checked. On the whole prices are slightly better his week. Choicest New Zealand butter to-day is Ills; Danish, 115s; Siberian, 106s; Argentine, 105s; Australian, l'o6s. Cheese. There is better demand and the market is firmer. New Zealand white 70s to 71s; colored, 71s to 725. Hemp: The market closed firmer with more enquiry, and good business has been done. New Zealand good, fair, spot £22; New Zealand fair, £20 15s; for forward shipment prices are about the same. The Manila market is steady at previous quotations, namely, spot, £21 15s: forward shipment, £22. The output from Manila for the week was 33,000 bales. The stock of New Zealand hemp is 268 tons.

Wool: The market remains firm