THE HIGH COMMISSIONER'S CABLEGRAM.

Otago Witness, Issue 2861, 13 January 1909, Page 22

THE HIGH COMMISSIONER'S CABLEGRAM.

WELLINGTON, January 11. The High Commissioner cabled under date January iJ:— Tho mutton market is quiet. New Zealand brands are in supply. Quotations: Canterbury, 33d; North Island, 54<i. Dull sale for all brands. Lamb. — Canterbury is quoted at s£d ; other than Canterbury, 4Jd per lb. Australian lamb is of very mixed quality, and is quoted at 4d to 4ld. Tho beef market is quiet, but steady. Current quotations : Hindquarters, 3£d; forequarters, 3d. The butter market is firm, with more inquiry. The stock of New Zealand butter i% almost exhausted. Prices are nominal. Buyers are anxious to ascertain as soon as possible the condition of the Paparoa shipment. Quotations: Choicest New Zealand, 114s; Australian, 109s; Danish, 11'ds ; Siberian 103s per cwt. The cheese market is firm. The supply of New Zealand makes the running short, a.nd it is quoted nominally at 60s for white and 61s for coloured per cwt. 'f'hs hemp market is quiet, and small business is doing. Current ■ quotations: Good fair grade, on spot. £25 ; fair grade, on spot, £23; fair current Manila, on spot.> £24 lOe; January to March shipments — good fair grade £24 10s, fair g?rade £23 10s, fair current Manila £24 10s. Last week's Manila, output, amounted to 17,000 bales. The stock of New Zealand hemp held in London amounts to 23(9 tons. The' wool market Js4firm, and prices continue to advance. Ounrent ' quotations : Bradford tops — 36's, low crossbreds, Hid; 4O'«, low erossbreds, Is ; 44'e, medium crossbreds, Is Id; 50*s. halfbreds. 14£ d; 56s quarterbreds, Is 6Jd; 6Q's, merino, Is ll£d.