COMMERCIAL.

Patea Mail, Volume XXXIX, 1 July 1914, Page 1

COMMERCIAL.

High Commissioner's Report. Following is the High Commissioner’s cablegram under date London, Juno 27. (Note.—Quotations, unless otherwise specified, are average market prices on spot) Mutton; There is poorer demand as the result of heavy arrivals of inferior chilled beef from Monte Video Canterbury 4|d for light-weight, North Island 4|d for light-weight. Lamb; Fair demand continues. The demand has been chiefly for light weight Canterbury 6£J, heavy-weight 6|d, other than Canterbury 0 3-161 lor lightweight. Beef; Scarcely any demand Quotations for New Zealand beef are nominal. New Zealand hinds 4gd, fores B§d ; chilled beef, best quality, hinds sd, tores 2£d. Butter * The market is steady. Danish, steady, 116 a to 118 a, New Zealand nominally 110 s to 114 a; Australian, alow demand, 101 s to 104 s; Irish, firm and quiet, 108 a to 110 s; Siberian steady, 98s to 102 a. Cbeese; The mark't is slightly weaker with less demand. Canadian new make, slow trad>, wbiti 62a to 03s, coloured 03- 6d ; New Zealand, dull, whits 62s (id to 63s 6J, coloured 03s 6:1 to 64s Bd. The Eugiisb Cheddar market is steady, new make 08s 1 1 725, fine 62s to t6r. Hemp; The marki t is dull, Supplies

of fibres are lur e New Z -aland good fair £2o 10s, fair £23, for wait! shipment at the same price' Ma ila, fair current £24, October to Scj t mber shipment £25, The output from Manila for the week was 18,000 bales Hops; The English market is quitt and steady. The Amu r can market is firm with an upwind tmdency. The Continental market is .t-ady and fair business doing. Wool; The m -rl itia very firm, with large demand lor better grades for Amelias, Prospects are favorable.