COMMERCIAL

Hawera & Normanby Star, Volume LXVIII, Issue LXVIII, 12 August 1914, Page 3

COMMERCIAL

HIGH COMMISSIONER'S REPORT

BY TELEGRAPH —PRESS ASSOCIATION. • WELLINGTON, Aug. 11. Tha following is the High Commissioner's market report, dated London, August 8. (Note: Quotations, unless otherwise specified, are average market prices on spot): At the beginning of this week the meat market generally was greatly affected by the declaration of war, and an attempt was made to obtain very high prices, as high as B|d being de"manded by holders of chilled hinds, with the result that all descriptions advaficed m sympathy. The excitement on the market subsided as it was not. justified, there being a large supply at present in store. The demand has considerably fallen off on account of hi oh prices. ° Canterbury mutton, sd; North Island 4|d: ewes, 4^d. Canterbury lamb, twos 7d, heavy weight fours 6gd; other than Canterbury, 6|d. For New Zealand beef the quotations are nominal, holders keeping back owing to an expectation of purchases for the Government New Zealand hinds, 7d^ fores s}d; chilled hinds, 6d; fores! The butter market is firm at an advance .Conditions are now more norUnJ i^n" 1! 11-,!- 05 *° 150s5 New Ze*lin ' 2£ *? 14os : Australian. 130s to 140s; Siberian, 130s to 140s: Irish creamery, 13os to 1445. tw e6rt: ?" accoun 1 t °f war conditions the cheese market has been irregular, but closed firm. Canadian 7?, tN«n Z\a^ d Wl-" te and «>&«£ /»s to 80s. It is estimated that Canadian cheese stocks on August 4 in lfi?nm'T Llver P°ol.- an(l Bristol were lba,ooo boxes, against 209,000 boxes at the came date last year. New Zealand cheese stocks on August 4 were ID 500 fa rst Syeai- SainSt U'°°o &t the same t ime It is reported officially that the Government is taking over all the fiour mills in the country