COMMERCIAL.

Star (Christchurch), Issue 10302, 6 November 1911, Page 3

COMMERCIAL.

United Press Association—-By Electric Telegraph—Copyright. (Received November 6, 8.50 a.m.) LONDON, November 5. Thfc Frozen Meat. Trade Association's Smithfield Market quotations for the undermentioned classes of frozen f eat are based on actual sales of not less than 100 carcases of mutton or lainb or 25 carcases of beef of fair averago quality. These quotations arcnot for selected, lines, but for parcels fairly representative of the bulk of tht shipments now on the market:—

HIGH COMMISSIONER'S. REPORT. [Pke Prkss Association.] WELLINGTON. November G. Tho Department of Industries and Commerce has received tjie following cable message from the High Commissioner, dated London, November 4. The quotations, unless otherwise specified, are tho average market prices on the spot:— Frozen Meat.—Mutton—The market is steady, and prices are well maintained; Canterbury, 4£d; North Island, Bfd. Lamb-—The market is quiet, hut holders are firm; Canterbury, sd; other than Canterbury, 4|d. Beef—The market is dull; New Zealand hindquarters SJd, forequarters 2sd. The following shipments of River Plate mutton and lamb were received during October, 1911:

Butter.—-The market is slightly weaker, with less demand on account of high prices; Danish. 1355; Siberian, 118s; Australian, 1265, Cheose.—-The market is quiet, but steady, with no change in prices; Canadian, 69s to 70s.

Hemp.—-The market is quiet, with a tendency in favour of buyers; New Zealand good fair on spot, £l9 los per ton, fair grade £lB 15s, fair current Manila £l9 10s; forward shipment, New Zealand good fair £2O per ton, fair grade £l9, fair current Manila £2O 10s. Tho output from Manila for the week was 2-1,000 bales. The stock of New Zealand homp is 810 tons.

THE SHARE LIST. [Per Prkss Association.] AUCKLAND, November 6. Business done to-day:—May Queen 2s id, Sylvia Is Bd, Moanatairi 10d to Is Id, Occidental 2s lOd to 4s to 3s 6d (heavy sales), Broniner's Freehold 2£d, Waihi 59s 9d to 625, Grand Junction 32s 9d to 6d, Good Hope 3d.

Oct. 28. Nov. 5. Mutton— d. (1. Canterbury, light 4i Canterbury, medium 44 Canterbury, heavy — — Southland 44 42r North Island, beBt brands ■Ik 44 North Island, ordinary . as 3 15-16 New Zealand owes . 34 3J Australian, iigiit 3 3 Australian, heavy 81-16 31-10 Australian owes 23 215-16 River Plato, light 8i »l River Plate, heavy , Eiver Plate ewes 3 1 31 31 31 Lamb— Canterbury, light 5 5 Canterbury, medium 5 51 Canterbury, heavy 41 41 Southland, selected . 41 4J North Island, selected 4? n 4J 4| North Island, ordinary . Australian, best brands . Australian, fair quality . — — Australian, inferior . — — Eiver Plate, first quality — — . River Plate, second quality — Beof — New Zealand,, fores . 28 23 New Zealand, hinds . a* 31 Australian, fores 24 2i Australian, hinds 3 3 Eiver Plate, chilled' fores 21 n River Plate, chilled hinds 31 nj River Plate, frozen fores 24 24 River Plate, frozen hinds 34 3i Shares.—Waihi, £57 Os to £60.

Mutton. Lamb. London . . Carcassa. CarcnseB. . 88.157 18,879 Liverpool . . . 120,924 25,890 Hull .... 6,108 300 Southampton . 13,583 11,000 Cardiff . . . G,698 650 Newcastle . 10,000 Nil Ireland . . 850 Nil Total . . . . 216,320 56,719 Oct., 1910 • . 216,791 19,354