COMMERCIAL.

Colonist, Volume LI, Issue 12402, 18 November 1908, Page 3

COMMERCIAL.

HIGH COMMISSIONER'S REPORT

Tlie High Commissioner's cable, dated London 14th November, states The mutton market is quiet, but ■firm, and is affected. by expectations of light arrivals from' New Zealand. No' change in^. prices is reported. The lamb market is dull and has been unfavourably affected by large supplies, of Scotch '..■.and Dutch coming forward: Prices have slightly declined for all grades. . . The beef market is quaet, arid there is : a large /supply. Hindquarters are quoted at 3 5-Bd, forequarters 3Jd. -r ;•'■■' ■' ' . ■ -. ; --". ' •■ ■■-" • The better market is quiet. Some holders are forcing sales huh Luyers are holding back, expecting' the prices to go lower. The reports that the factories are increasing the moisture limit has had affected the market vary seriously for New Zealand current. Quotations '■■ are: Danish 1265; Now Zealand 121s; Siberian 113s ; Australian 121s. ; , ; The cheese market is firm. Canadian makes quoted 61s. : . The heriip market Is firmer and there is a better demand.. "Current quotations are: good, fair grade on spot, £23 10s ; fair current Manilla on spot, £24 10s.- January to March "shipments; good fair grade £25 ss ; fair grade £23 j fair current Manilla £24 10s. Last "weeks output from Manilla ajmourited" to 25,0000 .bales. ' - ; ; ; v . ' The -hop market Js firmer,' and ' there' : are prospects r of improvement. The ; fi,nest English are quoted at 85s per cwt. • '