COMMERCIAL.

Poverty Bay Herald, Volume XXXV, Issue 11249, 13 April 1908, Page 6

COMMERCIAL.

(Per Preßß Association.) . .; . WELLINGTON, this day. The High Commissioner's cable, dated London, 11th April, is as follows :— The market is quiet, but holders are firm. The arrivals from all parts ; since January 1 show a decrease of 55,000 carcases over the corresponding period of last year, and small shipments are expected. Light weights are extremely scarce and a .brisk uemand prevails. The following are current quotations : Canterbury mutton 4Jjd, North Island 4£d,River Plate 3|d per lb. ■ There is .1 dull; sale . for heavy carcases of mutton, ■which' are quoted as follows : Canterbury 3fd, North Island 3|d, River Plate 3§d. The lamb market is firm. Stocks on hand are light, but the supply meets the demand. Heavy weights can obtain a small premium. Canterbury brands are at s|d, other than Canterbury s§d. The beef market is firm. The stock of New Zealand brands on hand is light. Supplies of River Plate beef are heavy. There is a moderate demand, which is purely speculative. Hindquarters are quoted, at 3|d, forequarters 3Jd. The butter market is steady, best quality being scarce and m good demand. Choicest New Zealand butter is at Ills, Australian 107s, Argentine 107s-, Danish 109s Siberian . 106s. The cheese market is. quiet; the tendency being m favor of buyers. White makes are at 60s, and colored, of which there is a, small supply, 62s per cwt. The hemp market is rising. There is a better demand for good fair grade at £26 10s, fair grade £25 10s. The cocksfoot market is quiet, buyers not being keen, to do business. Bright, clean 171 b seed, 80s per cwt. The wool market is depressed and weaker,with' a downward tendency. The f allowing are current quotations for Bradford tops : 36's (low crossbreds} Bd. 40' s (low ciossbreds) 9d, 44's (medium' crossbreds) lid, 50's (half,-breds) Is 2d, 56's (quarter- breds) Is Bd, 60's (merinos) Is lid.