COMMERCIAL.

Lyttelton Times, Volume CXIV, Issue 13889, 25 October 1905, Page 9

COMMERCIAL.

United Press Association—By Electric Telegraph—Copyright. LONDON, October 22. Frozen Meat.— Canterbury mutton— Light, 3-Id; medium, 3 11-16 d; heavy, 8 9-16 d; North Island, 3 9-16 d to 3 11-16 d. Lamb —Canterbury, Light, 4»d; heavy, 4d; Dunedin and Southland, ,4d; North Island, 4d. New Zea- i land beef, ox forequarters 2|d. River j Plat© mutton —Heavy, 3d; light, 3gd. | Beef, ox forequarters 29-16 d. i (Last week’s quotations were:— | Frozen meat.— Canterbury mutton ■ | Light, 3|d; medium, 3|d; heavy, 3 ; |d; : Dunedin and Southland, 3^d; North Island, 3|d to 3|d. Lamb-Canter-bury, light, 4|d; heavy, 4Jd; Dunedin and Southland, 4(d; North Island, 4Jd. New Zealand beef, 1801 b to 2201 b per quarter, fair average quality, ox forequarters 2-Jd, ox hindquartens 3jd. River Plate sheep, heavy 3 l-10d, hght 3 5-16 d; beef, forequarters 2|d, hindquarters 3d. i Hemp.—The market for New Zea-, land hemp is quiet; December-February shipment £3O 15s. Rabbits,— There is a quiet market for rabbits. Large are unchanged, with a good demand. Copper.— On spot, £72 per ton; three months’, £7O 2s 6d per ton. Lead.—£l4 12s 6d per ton. gilyer.—2s 4 15-16 d per ounce. SYDNEY, October 23. At the wool sales bidding was animated. Superior classes were keenly competed for. Greasy sold to 13Jd, scoured to 23£d. THE HIGH COMMISSIONER’S TELEGRAM. [Per Press Association.] W ELLINGT ON, October 24., The Department of Industries and Commerce' has l received the following

cablegram from the High Commissioner, dated London, October 23:—* Mutton—The mafket remains very de» pressed at prices quoted last week 1 . 1 River Plate mutton is 3d lower. Lamb —The market has collapsed. Stocks on f hand are heavy, but are widely distributed among agents, who are pushing sales. The average price to-day fear New Zealand lamb, Canterbury brand, ■ is 43d per lb; for brands other than Canterbury, 4d per lb. Reef—Tlje market is quiet, and small business is doing. The average price to-day for hindquarters of New Zealand beef ia 3ld per lb, forequarters 2jd per lb. Butter—The market is quiet and rather unsettled. Danish butter has declined to 120 s per cwt, whilst others remain steady. Cheese —The market is quiet, with a tendency in favour of buyers. Canadian, 57s- ner cwt. Hemp—The market is steady. The price of New Zealand hemp, “ good fair Wellington” grade on spot to-day is £3O 10s, Octo-ber-Maroh shipments ditto. There has been no alteration in the cocksfoot seed market since last week. A cable message received yesterday from Messrs Winchcombe. Carson and Co., of Sydney, stated:—The wool market is strong. W© sold to-day five thousand bales, greasy to 13d, ecouroda to 22’d.