COMMERCIAL.

Lyttelton Times, Volume CXX, Issue 14979, 27 April 1909, Page 3

COMMERCIAL.

United Prt*s A*»ocia.tion—By Electric Telegraph—Copyright. THE FROZEN MEAT MARKET. ' LONDON, April 25. Frozen Meat.—The Frozen Meat Trades Association’s Smithflekl market quotations for the undermentioned classes of frozen meat are based on actual sales of not less than 100 carcases of mutton or lamb or twenty-five carcases of beef of fair average quality. These quotation are not for selected lines, but for parcels fairly representative of the bulk of the shipments now

Rabbits. The rsibbit market has slumped; large Victorian ex Runic are vainly offered "at 9s 6d, and there is but a small demand for Sydney at 11s ex store. It is estimated that at least 60,000 crates will be stored till the new season. GRAIN. Wheat.—The quantities of wheat/and flour afloat for the United Kingdom amount to 3.175,000 quarters, and for the Continent to 1,980,000 quarters. Atlantic shipments total 61,000 quarters, and there were none from Pacifto jjorte. The total shipment^for Europe for the week amounted to 950,000 quarters, including 377,000 quarters from Argentine and Uruguay. HIGH COMMISSIONER’S REPORT. [Per Press Association.] WELLINGTON. April 26. The Department of Industries and Commerce has received the following cablegram from the High Commissioner, dated London, April 24: ■ , Frozen Meat.—Mutton —The market is depressed, and exceeds the demand, except in the case of light weight, whioh is extremely scarce. Stock is accumulating, and it is reported that there is no room in,store for more. Prospects ere unfavourable, and the trade in mutton is very disappointing, there being only a very hand to moutfy demand. Canterbury, 3d; North Island, 2Jd. Lamb—The market is weak; stocks on hand are heavy and widely distributed amongst agents, who are pushing sales; Canterbury, 4*id; North Island, 4 id. Beef—The market is quiet and there is no change in. prices, which are—Hindquarters, 3j|d; forequarters, 2id. , Butter. —’The market is quiet but steady' with a better demand for best quality and a poorer demand for inferior quality; choicest New Zealand, 109 s; Danish, 108 s; Siberian, 98s; Aus-. tralian, 975; Argentine, 98s. Cheese.—The market is rather quiet; coloured, 635; white, 61s per cwt. The Papanui s shipment of cheese arrived in a damaged condition. Hempy—Th© market is quiet, but holders are firm for New Zealand or account of the small supply; good fair, on spot, £23 10s per ton; New Zealand, fair , grade on spot, £22 per ton. ; fair current Manila, £22 per ton; April-June shipments, good fair grado, £23; fair grade, £2l 10s; fair current Manila, £2l 10s. The Manila output lor the week was 18,000 bales. Grain and Pulse.—The wheat market remains firm, but the advance is checked and prices have declined 3d per bushel. There is a brisk demand for oats, but beans ore scarce, and for these the market is firm, as well as for peas, ond prices continue to advance. Cocksfoot.—The seed market is steady at 80s, with a firm market for all grades. V

on the market: — April 17. April 25. Mutton— . .. Canterbury, light 311-16 311-16 Canterbury, medium . 35 O 51-lb Canterbury. heavy 2* 21 Southland . — — North Island, best brands 3 2 a North Island, ordinary . 2* 2* 24 Australian, heavy 2 it Australian, light 24 21 River Piate, heavy 24 24 River Plate, light « 22-16 Lamb— Canterbury, light 4 13-16 Canterbury, medium . <1 4 11-16 Canterbury, hoary 44 4 3-16 North Island, selected 44 48 North Island, ordinary 4 Southland 44 SJ Australian, best brands . 31 Australian, fair quality . 34 84 Australian, inferior quality 31 31 River Plate .... H 3i Beef— New Zealand, fores . 2 5-16 26-10 New Zealand, hinds . 5 3-16 3 3-16 Australian, fores Si 2i Australian, hinds 34 3 4 River Plate, fores 2* 21 River Plato, hinds 3 1-li ,Sl-li