MONETARY AND COMMERCIAL.

Nelson Evening Mail, Volume XLVII, Issue XLVII, 22 April 1912, Page 7

MONETARY AND COMMERCIAL.

HICtH COMMISSIONER'S REPORT

(United Press Association.) WELINGTON. This Day. The High Commissioner's ca'ble from London dr.ted 20th. is as follows. (Quotations. unless other specified, are average market prices on spot) : Mutton : .Market quiet but firm ; heavyweights are difficult to sell ; average price 3UI. A good demand continues for lighter carcasses, which are selling at an average price of 4d : ewes Lamb: The market is steady, with a very good demand • prices firm at last rates quoted : Canterbury 5Jd ; other than Canterbury sjkl. Reef: .Market remains firm ; small supply; good demand continues. New Zealand hinds Rutler : Market very depressed ; buyers of butter are holding back. expecting prices to go lower. There is a- large decrease in consumption reported, on account of the high prices and labour troubles recently. The average price for the week for choicest New Zealand butter 114s; Australian 112s; Argentina 110s; Danish 1265; Siberian 112s. (Jlue.se : Market quiet; prices slightly weaker : stock moderate. Average price for week for finest New Zealand cheese, 725. Hemp : Market, steady ; no demand. New Zealand good to fair grade £2l 10s to £2l 15s ; New Zealand fair grade £2O. ..For Manila, the market is firmer; fair current .Manila on spot £2l 10s ; forward shipment £2l 15s. The output from Manila for the week was 24.000 'bales. Wool : The market is auiet but steady. Current quotations for Bradford tops. 36's. low cross-brcds Is Id : 40'.s. low cross oreds. Is lAd ; 44's. medium crossbreds. Is 2d ; £o's. half-breds. Is sid , 56's, quarter-brcds. Is 2s osd. Hops : The market is firm, with an improved demand : no change in prices. English £l3; Californian £l2.