HIGH COMMISSIONER'S REPORT.

Colonist, Volume LI, Issue 12407, 24 November 1908, Page 3

HIGH COMMISSIONER'S REPORT.

[United Peess Association.] Wellington, Nov. 23. The High Commissioner cabled from London on the 21st of November: — -..■■;.•■ The : mutton market is depressed, and there is a dull sale of all qualities The trade is very disappointing, there being only a very hand >to mouth demand. The current Quotations are : — Dutch mutton 4d, . River Plata ( vrnich is in l«»rg<* supply) 3^d. North Island 3^d, The lamb market is very dull, and the' demand has considerably fallen off... The stocks, or" New Zealand on hand are light, and are Mrmly held in a few hands. Canterbury lamb is quoted at s}£d, other than Canterbury sd. :■ ; The beef market has collapsed. The supplies of River Plate bhilled beef are heavy,' and are selling at lower prices than frozen. New Zealand hindquarters- fetch 4sgdr-fore-quarters 3j|d. .... The butter market is temporarily depressed, and/the large "buyers have withdrawn from tha market, and prices have declined. -The supply ex» ceeda the demand ' The current quotations are; Choicest New Zealand 116s, Australian 114s, Danish 1245, Siberian T2os, Argentine 1145.' The oheese market is quiet, bob firm, Canadian makes being quoted' at 61s per owt. ; V : • '■' The hemp market is quiet,, . wr6& a tendency in' favour of buyers. . Tfaelast week's Manila output amoointed to j lßiooo bales: r . :'■■, 'v- :

The cocksfpot seed market is dull. The hop" market is firm, and with an upnara tendency. There is a muoh better demand for best qualities.