COMMERCIAL.

Stratford Evening Post, Volume XXXI, Issue 46, 9 October 1911, Page 6

COMMERCIAL.

HIGH COMMISSIONER’S REPORT

(Per Press Association.) Wellington, October 9. The High Commissioner cables under data London, 7th October:— Quotations unless otherwise spoollied are average market prices on spot. j

The mutton market is quiet hut steady. Stocks of New Zealand on hand arc light. Canterbury 4Jd, North Island 3!Jd. The lamb market is slightly weaker, with less demand. Canterbury s£cl, other than Canterbury scl. The beef market is dull. New Zealand hinds 3|d, fores 2-)d. The butter market is firm, with an upward tendency and a general active demand..- Danish 148 s, Siberian 128 s, Australian 1345.

The cheese • market is quiet but firm. Canadian 70s ud.

The hemp market is somewhat steadier, with a good demand..

The cocksfood seed market is very firm, with light stocks on hand. It is impossible to give any quotations.

The wool market is firm for merinos, and a shade weaker for crossbreds.

WEEKLY STOCK REPORT

Young, Hobbs and Co.

At Kaponga on Friday, 29th ult., wo had a yarding below the average. Ruling prices were fully maintained. We quote;—Fresh and forward cows £3 lbs, wcaners to yearlings 21 18to £2 6s, springing heifers £7 Ilk;. At Eltham on Wednesday, 4th hist., v.e had a full yarding, nearly all of which were quitted at satisfactory prices. Eat and forward cows £5 to +’6, fresh and forward do. £4 2s to £4 18s, store to fresh do. £3 to £3 15s, 15 month heifers £3 8s to £3 12s Gd, yearling do. £2 10s to £3 3s, yearling steers (small) 435.

Mr. Newton King’s weekly butter and chee.’fi report from Messrs. R. and W. Davidson, Ltd., of London and Glasgow, under date October 24th, PJii; — Continental Butters.

Our markets tin's week have been very excited, and, where choicest goods have been available for delivery, those have been eagerly bought at an advance of 12s to 13s per cut. Giving to the strikes at Hull and Newcastle, there was very little butter forward to Manchester or Liverpool, and at these places almost famine prices are being made. At the moment of writing the labour troubles arc practically ended, and it is fully expected that things will be back to normal within the next few days. Owong to the continued drought all over Europe, f ere is now no doubt but what we are going to be faced with a seyious shortage in the make of butter this autumn, and' we, therefore, consider that high prices are likely to rule for some considerable time. Our advices yesterday from Copenhagen state tint the market there continues very strong, and the quotation to-day lias, been declared 4 kroner up.

Danish and Swedish.—The total shipments of Danish to this country this week show a further* decrease of 2029 casks. The market lias been very active, and everything available at the various markets was steadily cleared at about 12s advance over last week. We quote choicest quality 140 s to 1425. ....... Siberian.—The total ariivals this week are about 15,000 casks. There has been a good demand; especially for fancy quality, which shows a further advance of about Ss per cwt., to-day’s quotations being 122 s to 12!s Finest grades are also much firmer at 116 s to HSs, while secondary and inferior goods cannot be had under 106 s to ilOs.

French.—No change has been made in prices this week. Su Johns are still exceptionally small. Irish Creamery Butter.—Owing to the railway strikes, both in Ireland and in this country, the arrivals this week have been somewhat restricted. Choicest goods meet with an active •demand at 130 s to 132 s for salted, with unsalted at 132 s to 1345. Higher prices will he obtainable for next week’s arrivals. There is still a fair quantity of secondary goods coming forward, and although these are now meeting with a better demand, prices continue to be irregular, 110 s up to 1245. All our quotations are ex store at the various ports on this side. Colonial Butters.—Australian : Arrivals have been practically nil. The goods,’however, which were on board the steamers held up owning to the strike have now been discharged. There is a good demand for strictly choicest goods, which may be quoted !22s to 1265, with unsalted 2s more. Good value is also obtainable in medium grades at 116 s to 118 s. Ghoese.<; Canadian.—The market during the. Sust week has been quite excited, anadian cables now come at . 05s c.i.f. Spot prices have also advanced 2s to 3s per cwt., choicest coloured being now quoted 60s to 60s, choicest white 64s to 60s. New Zealand.—The quantity on offer is not large. The market is veryfirm. Strictly choicest quality, both white and coloured, commands from 61s to 60s.