COMMERCIAL.

New Zealand Herald, Volume LIII, Issue 16129, 18 January 1916, Page 3

COMMERCIAL.

LONDON MARKETS. HIGH COMMISSIONER'S CABLEGRAM.

[BY TELEGRAPH.—PRESS ASSOCIATION.] j Wellington". Monday. Tire High Commissioner's report, dated London, January 15, is as follows, quotations, unless otherwise specified, being average market prices on spot. MEAT. j There is a poorer demand for mutton I and lamb on account of large supp'i.JS of homo killed coming forward, but the market is steady and prices well maintained. ; Million : Canterbury. 7, ! per lb for light j weight; medium. 7jd. Only a few other ' brand* than Canterbury aie at the ! market, and for these there are nn official quotation.*, and only a small quantity is l>e:ng sold at 7£d to 7',d. Ewes are in brisk demand at an average price of 6 id. and sometimes as as 7<,d. Lamb: ('anterburv tw. - and four?. 7j<l per lh: second cade. 7|d : other biands than Canterbury. 7Jd for best quality. i Reef: \n-.v Zealand r~ef cannot be quoted. Chilled hinds. 9d : fores. C>l. i i BUTTER. ' The market i- firm but cjr.et. FiPnih butter is e\pe ( te-d to arrive ,v_a:n at the beginning of next week. For Danish there is nioie demand and { rices firmer, at 156 a ,to 160s per rwt. New Zealand, on spot. market linn 150s to 1545: ditto, unsaked I 158s to 1625: fair to good quality. 144s to 148s. Australian steady. 144s to 148s. Siberian, market quiet but steady. 124s to 150s. Argentine, quiet, 14Cs to 1425.

CHEESE. The market is firm ami prices continue to advance. The market also closes sti.iiig. The Canadian market is hrm. While and coloured, per cwt, 97? to 90?: e.\i cptionally pood. 100s. For New Zealand on spot the market is practically cleared, therefore prices are more or less nominal: the market is strong in tone owing to the business which has been done. White and coloured 97s to 98s. exceptionally c -.d 995: English Cheddar. 104s to 106s; Cheshire. 110s to 114s. I HEMP. The market is firm, and prices continue to advance. New Zealand pood fair per ton on spot £41 10?. fair £40: Manila, new graded fair £51 : February to April shipment of New Zealand good fair £41, fair £39: Manila new graded fair £50. The output from Manila for the week was. 20.000 bales. WHEAT. | lie market is firm and prices continue to advance. Freight- advancing keeps th« market steady. Canadian on spot 64s 6d ! January to March shipment 65s 6d : Aus jtralian. January to March shipment pel i steamer 655, sailer 63s 6d. i OATS. j The market is steady, ..ith moderate in quiry. Argentine on spot 35s 6d. January , to March shipment 335. j HOPS. I The market is firmer for best quality but weaker, with less demand for second ! class. English, 110s to 140 a; Californian '80s to 100s. I WOOL.. I The market is firm at an advance. Ther ] is a great demand in the market. I

! TALLOW AND SHEEPSKIN?. , The New Zealand Loan and Mercantile Agency Company. Limited, have received the following cable from their London Office, under date January 12 : —Tallow : Wo quote present spot values for the following descriptions:—Fine mutton, 54s per cwt. : good beef, 526 per cwt. ; mixed, 48s 6d per cwt. The market is active. Messrs. DaJgety and Company, Limited, have received the following cable from their head office, London, tinder date January 13 :Sheepskins, 4650 offered, practically all sj'd; Merino combing, l^d I dearer ; clotnmg, lid dearer; crossbred ,I combing, clothing, to 2d dearer; Newj Zealand crossbred combing, 2d to 2sd dearer. WHEAT AND FLOUR. By Telepraph—Press Association —Copyright. !By Telegraph—Press Association —Copyright. London, January 16. . | The quantity of wheat and flour afloat ! for the United Kingdom is 2.055,000 quarI tors; for the Continent, 2,495,000; At- | lantic shipments, 801.000; Pacific, 20,000. Total for Furope. 1.190.000 quarters, including India 3000 and Argentine 5000. WELLINGTON PRODUCE MARKET. [BY TELEGRAPH.OWN CORRESPONDENT.] Wellington. Monday. 1 The demand generally is very satisfactory for all descriptions of fruit, with the I exception of peaches and plums, which ! are in large supply. Apples, choice des- ' sert. 8s to 9s a case, prime 6s 6d to 7s 6d; : cookers, choice 5s 6d to 6s, prime 4s to .' As 6d: peaches, choice 4s to 4s 6d a halfcase, prime 2s 6d to 3s; nectarines, 4s to 5s a half-case ; plums, choice 3s 6d to , 4s 6d a half-case, unpopular varieties Is ■ 6d to 2s; apricots. 4s to ss; greengages, 6s to 6* 6d a half-case : passions, 7s ', to 8s a box ; black currants, 7s to 8s a j half-case: strawberries, Is 6d to 2s a box ; tomatoes, choice. 4d to 5d per lb: 1 ! eggs, fresh, market well supplied at Is 3d '■ per dozen ; pears, choice 4s to 5s a halfi , case, prime 2s 6d to 3s ; cauliflowers, 6s to •j 7s a sack ; cabbages, 6s to 8s a sack ; ■ ; potatoes. is to 7s 6d per cwt; onions are , , inquired for. _.