HIGH COMMISSIONERR'S CABLE.

Colonist, Volume LI, Issue 12397, 12 November 1908, Page 4

HIGH COMMISSIONERR'S CABLE.

The Department^ Industries 'and Uomm«rce bas received the following^oablo from |tbe High Comissioner, dated London, November 7tb 19CS— . "

Tbi mutton market is weak, *and dull on, account of heavy Jarrivals from the Continent." . New Zealand stocks are firmly held in few hands, and are quoted at 3%d peT lb for Canterbury brands, and 3J^d per lb for North Island. River Plate'mutton is quoted attJ3J4d per lb.

The lamb market is quiet, and prices a,re .el igh'tly weaker. Tbere is little demand, but stocks of New Zealand lamb on band are light, and are quoted at 59£ d per lb for Canterbury, and at sj|d per lb for other than Canterbury brands. River Plate lamb is quoted at 4%d per Jb.

. The beef market is steady, witu a moderate inquiry. Hindquarters are quoted at 3^d, and forequarters at S^d per lb. Supplies of River Plate Beef are heavy. The butter market i 3 firm for. best quality, owing to short supply. New Zoaland butter is quoted at 1265; Australian; 1235; Argentine, 1245; Danish, 129 per cwt.

. The cheese market is steady but firm; '.demanrt is improving, but. prices are unchanged. - . g TKe hf mp market i« very uncertain; and business is !^dull. Demand (13 chiefly for prompt delivery. The following are the current quotations:— Uood fair grade on spot. 3326; fair grade on spot £23 10s; fair current Manila on spot,' £24. " November to December shipments are quoted "as follows i^Good fair grade, J625 10s ; fair grade, £23 ; fair current Manila, £24. Last week's output from Manila amounted to 27,000 bales. ■■'" ■■-■■ . > . . v; ■■■:■':

Tbere " is '"' '<* * batter demand for cocksfoot seed, ; at a reduced price. Bright clean 171 b seed is quoted at 78s p>r owt. " The wool market ia firmer, and^ there is a general and active demand. Bradford tops are quoted ,as fol-lows—-He's low crossbreds. 9?^d ; 40' b low crossbreds, 10}£d :-44'a meaium 'crossbreds. ll^d ; 50's balfbr-'ds, Is 3i^d ; 56's quarterbreds, Issd; 60's merinos, 13 lOJ^d. ' • ; Dops.— There is an increasing demand for, better grades, and holders firm. Tho current' quotations is 80s per cwt. ■ "' ' "-. - New Zealand beans. — Market is firm, but demand only moderate at 323 6d per 501 b., f.a.q., oldcrop. H&rtridga' peas. —Market firm, with hsriening tendency at 42s 6d per 50lb. '■--.. . Thefgrain market is quiet but firm; ther3 is no ' supply of New Zealand on band. '■■■■'■. c

The following shipments arrmd from River Plate during the montb of October :—

! 'Mutton. Lamb London 74,693 5532 Liverpool ]91,011 11,482 Hull 9321 nil Newoastlo • 11.854 nil Southampton 8806 1488 Plymouth 1539 , Cardiff . V' 3386 49 Butter. — London and Southftmp--1 ton. 7024cwta.