HIGH COMMISSIONER'S CABLE MESSAGE.

Colonist, Volume LII, Issue 12681, 28 October 1909, Page 4

HIGH COMMISSIONER'S CABLE MESSAGE.

The Commerce and Tourists Division has received the following cable from the High Commissioner, dated London October 23rd :— The mutton and lamb market is quieter, and prices are slightly easier. There is less demand for retail. Scotch and Dutch supplies are heavy. The beef market is steady, and there is a better demand. The average price to-day for New Zealand beef is 3j}d per lb for hindquarters, and 3d per lb for forequarters. The butter market is very firm for best quality. The supply falls short of demand, and buyers are anxiously waiting colonial shipments. The price of choicest New Zealand to-day is 119s per cwt, Australian 117s, Danish 132g, and Siberian 107s. The cheese market is quiet, with no alteration in prices. New Zealand' cheese, 57s per cwt. The hemp market is quiet but steady. New Zealand good fair grade, on spot, per ton £27 15s ; fair grade, on spot, per ton £26 15s ; fair current Manila, £27. October-December shipments, New Zealand good fair grade £27 10s ; New Zealand fair grade £26 10s; Manila fair current £26 10s; Manila, output 22,000 bales. The wheat market is firmer. New Zealand stock is small. Tho market lias boen favourably affected by inferior quality .English new crop. New Zealand long-berried wheat, on spot, ex granary, per quarter of 4961 b, is 38s 6d; New Zealand short-berried wheat, on, spot, ex granary, per quarter of 4961 b, 38s. The oat market is quiet, and small business doing. Deliveries have greatly exceeded expectations. New Zealand oats, short sparrowbills, on spot, ex granary, per quarter of 3841 b, 20s 6d ; New Zealand oats, Danish, ex granary, on spot, per quarter of 3201 b, 18s 3d. The bean market is firm owing to reduced* supplies. New Zealand beans, f.a.q., new crop, per 5041 b, 38s. The peas market remains firm, and there is a good local demand. New j Zealand partridge peas, per 5041 b, 475. ) Tho wool market is quiet, with a i tendency in favour of buyers. The : current Bradford quotations for tops

i are : — s. d. ' 3G's, low crossbreds 1 O.V I 40's, low crossbreds 1 1-J ; 44's, medium crossbreds 1 -3 | 50' s, halfbreds 1 7-4 56's, quarterbrecls 1 lOJ 60's, merinos 2 2*