THE HIGH COMMISSIONER'S REPORT.

Otago Daily Times, Issue 13386, 12 September 1905, Page 4

THE HIGH COMMISSIONER'S REPORT.

WELLINGTON, September 11. . : The Department of Industries and Commerce, has received- the following cablegram from the High Commissioner, dated London, 9th inst."The mutton market is slightly weaker, with los 3 demand, and prices are irregular. The average "price to-day for Canterbury mutton is 4Jd per lb and North Island mutton Bjd p4r lb (light weighs), and 3jd and Sfd'-per lb respectively 'for, heavy -weights. ;The high prisas are restricting business. The

lamb.market ; .haa dcalincdi as. tho."seaEoiida too far advance:!. The market iff over-.supplieil with heavy:.carc»ses\of;,laiflb., Thp; :i ?,vertige price to-day, for New Zealand lamb, Canterbury brand, is ssd per lb; for brands other than Canterbury, '5G = peir. IV (light- weights),* and 4Jd per lb respectively for t heavy."weights. .The beef .' market is irregular, and supplies of American, chilled;.beef' are. .large. The Kailtoura shipment of chiUo'd;beef is ..unsatisfactory, 'Tho averago prico for hindquarters of New Zealand beef is BJd per -lb; foreqiiarters. 2sd per lb. The-butter market is. quiet, but 'steady.''..Buyers are not inclined to .make forward purchases 'at! present prices;. Supplies will bo moderate. I)anish, ,120s; 'Canaaiaii, 3095; Australian; 112s, nominal. The clieeEO market is steady.'-Canadian,'',C.6s.per'ewt; The hemp market is-, firm.,. Reports Jroin: Manila, indicate that there is ft, great:improvement in tho miirket, and good business has been done. The p'Hce of New, Zealand hemp, ,'good, fair Wellington'., grade, !'on spot, i5;,128,10s per ton; October-December • shipments, £29. Manila' lierap, 'fair ''current ' grade, on . spot, £38, pclobsr-Ucccrabir ahipmoilts, The, cooksfoot «eed market :is quiet, but priceß tire firm, The average prico to ; day:for bright, clean New Zealand cocksfoot seed, weighing 17lb per bushel, on spot, is o3s per cwt. ' Kauri gum, ordinary to fair, three-quarter, scraped, IG 153; fair to half-scraped, 9os; [brown, - fair, half to threo-quirfer scraped, 92s 6d; brown pickings, common to good, 4Gs; hush, fair to good pale and amber scrapcd, £7 17s Gd. 'Tho English wheat offerings are. very largo owing to the good crop, but the market is very quiet. New Zealand -long-berried .wheat, ex- granary, per quarter of 4961b,;'2?a,Gd; New Zealand shortberried wheat, oil spot, per quarter of MDGIh, ex granary 28s Gd. Quotations are nominal. Kcw Zealand oats, -short. Sparrowbilb, cx granarv, on spot, per quarter of SBllb, 21fi Oil; A'civ Zealand oats, Danish,' ex granary, _ on spot, per quarter of 0201b, - 30s Cd. The market, is (ffil, and very littto business is doing. beans, old crop, per 5041b, 335. There is a firm market. New Zealand pees (Partridge), per- 5041b - 395; New Zsaland peas (blue), per 5041b, 295; market quiet, but steady. The wool - market" shoiys signs of strength, and the demand does not abate." .