COMMERCIAL.

Pelorus Guardian and Miners' Advocate., Volume 30, Issue 19, 8 March 1918, Page 5

COMMERCIAL.

High Commissioner’s Cabled Market Report.

The Department of Agriculture, Industries, and Commerce has received the following cablegram, dated London 2nd March, 1918, from the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on spot). Meat.—Notwithstanding very limited supply of all descriptions of meat, present supplies meet requirements. Demand is limited. Owing to fact supplies consist chiefly of English meat, Patagonian lamb and Argentine mutton selling at maximum prices. New Zealand lamb, chilled beef, small supply available.

Butter. —Butter is extremely scarce, and supply falls short of demand. No dm ago in prices. Cheese. —Stocks are very light with the exception of Dutch. Estimated Canadian cheese stocks London, Liverpool and Bristol 5144 boxes against 23,163 boxes at same time last year. Wheat.—More offering, moderate business has been done at last quotations.

Oats—Active demand at full prices. Hemp.—Manila hemp market steady with moderate demand, output during two weeks ended 2.3 rd February 40,000 bales. Now Zealand spot market strong, market quiet and steady for forward shipment.