COMMERCIAL.

Oamaru Mail, Volume XLVII, Issue 13047, 9 January 1917, Page 1

COMMERCIAL.

HIGH COMMISSIONER'S REPORT

(Pep. Press Association.) . Wellington, Januarv S. The High Commissioner's market report, dated London 6th inst., is as follows (quotations, unless otherwise- specified, being' average market' prices on spot):— , ...

Meat of all descriptions, including frozen meat, continues "in good demand, owing to the decreasing suoolies ot home-killed .mutton aiid beef, "together with the small supolias of New Zealand mutton and lamb available for the weneral public. New Zealand mutton is quoted' at Bfdi per lb, ewe. mutton and Argentine mutton at from Sfd to SdNew Zealand! • lamb,- 9*d; Australian iamb, 9}d; Argentine lamb, 9fd. Of New Zealand beef there are no supplies available. Argentine hindquarters arc quoted at IOJd, and fores at 9d., c.i.f.. Safes have been made at the following prices for American frozen ox beef • Hinds 9d, fores 7d. . Butter.—The market .has a downward tendency. and prices are easier. Danish J « quoted at from 216s to 220s tier cwt, D VM I n & 206s to 210s > 'Australian • alt l-, d ," 202s to 208s > ana ™isalted 206s to 210s, New Zealand (market a shade weaker; 206s to 210s for salted, and ■ • J t^l4, - for iinsalted, Argentine on S to ' 202s < a;n<i unsalted 20te to 208s, and American creamery 199s to 1945. ." " . "

Gheese.-rThe market continues firm. Canadian white is quoted' at from 133s *° 13 °s per cwt, and colored 136s to 138s, English Cheddar 140s to 144 a, States flats 134s to 1365. In New ZeaJaiKls there is no business doino-. It is estimated that the Canadian, and State* cheese stock in London, Liverpool, and Bristol is 172,000 boxes, against 191,000 boxes at the same time last year The estimated' New Zealand cheese stock in London and Bristol is 1000 crates as against 14,000 creates at the same time List year. Hemp— Of New Zealand it is reported that there is little or none being ottered'. The market is firm owing to reduced supplies. Quotations are nominal. Good to fair :New Zealand hemp £6O per ton, fair £SB. JanuaryMarch shipment good to fair New Zealand £59, and fair- £57. Governmentgraded fair Manila is quoted at £6O, : and coarse at £57 10s. The output- of hemp m Manila for the week-ending, last Saturday was 20,000 bales. Wheat.—There, is a firm market with a good demand. Australian afloat is quoted at 83s, and New Zealand at 80s. Oats.—The market. remains firm; jNiow Zealand 50s. DUNEDIN MARKETS. Dalgety and 1 Co.. Ltd.. report as follows:: Oats—Stocks in store are practically exhausted, and very few samples are ottering There is a. good enquiry for bright, heavy lines, which can be placed at quotations. We quote: Prime milling 2s lid. to 3s, good to best feed ?s 9(1 to 2s ].od', damaged and inferior 2-a 3d to 2s 6d per bushel' (sacks extra). - Wheat.—There is practically no business passing in milling lines', and the nominal value of prime milling samples' is Cs per -bushel. Fowl wheat is in short supply, and meets with a. readv sale at from 5s 8d to 5s lOd for best quality, medium 5s 3d to 5s 6d per buslieJ (sacks extra). Potatoes.—The season is now over lor old season's tubers, andi" consignments of new season's are meeting with a ready sale. ..;■-. Chaff.—Consignments of late have been light-and unequal to the demand,, with the. result that all lots comin" forward meet with a readv sale at advanced prices. Vve quote: Best oaten sneaf_ £5, medium to good £4 10s to £4 15s per ton (sacks extra).