THE HIGH COMMISSIONER'S CABLEGRAM

Otago Witness, Issue 2870, 17 March 1909, Page 24

THE HIGH COMMISSIONER' S CABLEGRAM

WELLINGTON, Mai eh 15. A cable from the High Comm.vs?oncr, dated March 13, says : — The mutton market is depressed. Tusr*} is scarcely any demand, and supplies are increasing. Canterbury, which is offering in moderate quantities, is quoted at 3|d ; North Island, 3d ; Australian, 2£d. Lamb : The market is very dull, the weather lately having been unfavourable to the sale of lamb. This se_ason's Canterbury lamb is quoted at s£d ; other than Canterbury, 4|d; Australian, 3|d. The large supply of home-killed mutton affects J tho market. • Beef: The market is steady, w?£h ssnall business doing. Some holders are toieitzg '• sales. The demand is chiefly for high grade unsalted butter. Choicest New Zea« I land brands are quoted at lOos;, Danish,

* 115s; Australian, 103s; Siberian, 103s; Argentine, 105s. j Cheese : The market remains firm. | Coloured makes are quoted at 04s, ana j white makes at 60s. { "Hemp : The market closed -weak, with a | lower tendency in prices. Current quotaj tions : Good, fair grade, on spot, £&5 ,10s; fair grade, on spot, £21 15s; fair current Manila, on spot, £23; Aprll-Ounb shipments, good, fair grade,- £23 ss; fair grade, £21 10s; fair current Manila, £22. Last week's Manila output amounted to 23,000 bales. Wool : The market is firm, wltn an p.pward tendency. Bradford tops are ! quoted : 30's low crossbreds, ll^d ; 40's ! low crossbreds, Is O^d ; 44"s medium crossbreds, Is l^d; 50's halfbreds, Is sd; 56!s quarterbreds, Is sft: 56's quarterbreds, Is 7d; 60' s merinos, 2s. The following shipments arrived from ■ River Plate .during the month: — At Lon- | don. mutton, ' 159,195 carcases, lamb 42,966; i at Liverpool, mutton 111,334, lamb, 26,678; ' at Hull, mutton 10,210, lamb 8135 ; -at Cart diff, mutton 10,463, lamb 3699; at i Southampton, mutton 11.921. lamb 4725; a* Newcastle, mutton 8438, lamb 4000.