THE HIGH COMMISSIONER'S CABLEGRAM.

Otago Witness, Issue 2803, 4 December 1907, Page 24

THE HIGH COMMISSIONER'S CABLEGRAM.

WELLINGTON, December 2. The High Commissioner's cablegram, dated London, November 30 ; reads thus: — Mutton. — Market quiet Hut steady. There is good demand for p. ..e quality. River Plate mutton is in large EUDoly, being strongly pushed for sale at 3&d per lb. Canterbury brands, 3£d; North Island, 3gd. Lamb. — Market quiet", stocks on hand light. The high prices asked are restricting business, and there is limited demand owing to the lateness of the season. Canterbury lamb, 53d; other than Canterbury, SidBeef. — Market steady, with a moderate demand, especially for forequartera, which are quoted at 2gd; hindquarters average 3Jd. Butter. — Market very firm, with good demand. No immediate change in prices is anticipated. Choicest New Zealand brands, 118s ; Argentine, 118s ; Australian, 116s ; Siberian, 110s; and Danish, 1235. Unsalted butter is Is less than the above prices. Cheese. — Market slightly weaker, with leas demand. Some holders are forcing sales. Buyers are holding back, expecting prices to go lower. The cheese shipped by the s.s. Corinthic arrived in good condition, and is quoted at 60s. Hemp. — Market dull and transactions light at last quotations. There is better demand for hemp on the spot. Cocksfoot Seed. — The market is- quiet, and th© prospects favourable. Buyers axe not ■keen to do business at the present time. Average price for 17lb bright dressed seed, 75s - i