COMMERCIAL

Timaru Herald, Volume XIIIC, Issue 14211, 28 May 1910, Page 5

COMMERCIAL

The New Zealand Loan and Mercantile Agency Co. have- received the following cablegram from their London office! under'dato 25th inst.:—"Tallow. —We quote present spot values for the following descriptions—Rood mutton 30s (jd per cwt, good beef 35s Od, good mixed ills; market quiet." The Colonial Consignment and Distributing Company lias cabled tho following report:—-'The mutton market continues depressed, but the values of lamb and beef have advanced Jd per lb To-dav's nrices an —Canterbury mutton m>i North island 3Jd; lamb, first quality old, second quality oh ; beef, hindquarters 4jd, forequarters .Ud."

'Messrs Dnlgetv and Co. report under date London, May 2oth— "Prices of tallow in <reneral are Gd lower as compared with the nublic wiles a fortnight ii"-() " London. May 20th —"Thero is a'~eood demand for Now Zealand frozen lamb, ami the m.'irket is firmer. Prime crossbred lamb, Canterbury, hoavv, ~>\t\; litibt, 53d; North Island, heav'v. sd-. YvjM. ~>Ld. Thero is a l.eor'demand for mutton, and"the ma.r----).-et is undisiniiod. Crossbred mutton, Cantorlmrv. heavy, 3.Jd : 3r|d!; North Island, heavy 3,' d; litdit, 3§d. There is a K"«<1 demand for New Zenland beef, and the market is firmer."