Commercial.
HIGH COMMISSIONER’S REPORT. The Department of Industries jnd Commerce has received ihe following cable from the High Commissioner,, dated London, April 28th, 1906 : The mutton market is quiet, the supply meeting demand. There is* only a small supply of light weights on hand, Canterbury brands averaging 4|d per lb. Heavy Canterbury and North Island brands are quoted at 3fd per 10. There Is a large quantity of ewes ou hand. The average price for this class is 8d per lb. Australian mutton is quoted at 3|:d. per lb. There are heavy stocks of lambon hand, and the market is weak im sympathy. The weather lately has been unfavourable to the sale of lamb, and as Urge shipments are expected to arrive, there is an inclination to force sales. The average price of Canterbury lamb is 4£d per lb, other than Canterbury 4£d, and Australian is quoted at B|d per lb. The beef market is dull. Supplies from the River Plate are he&aVy. The average price of New Zealand hindquarters is 3£d per lb, a.nd forequarters 2£d per lb. The butter market is stoadv, and prices are well maintained. New Ze -Und butler is giving sutisfaction to buyers. Stocks ou hand are moderate, and the average price of choice New Zealand is 10 Is, Danish 108 s, Siberian 965, Australian 975, Argentine 975. The cheese market is quiet, and prices are slightly wewker. New Zealand white makes i»re selling at 61s, and colored at GS* pev cwt. The hemp raarbrit is dull, and prices are irregular,, caused bv heavy arrivals expected. The average price of g.t.a.q., Wellington, on spot to-day, is £Bl 10s, and April-June j shipments £3l per ton i The cockdtoo.fi seed market is firm, j There are tmly light stocks on hand. 1 Buyers have beeu offering roc the new crop move freely at 49a for 17lb j bright, clean seed to arrive. j The wool market is firm, with an I upward tendency. Holders have' great confidence in Home marketTho prospects are favorable. New Zealand long berried ami short berried wheat are quoted at 32a and fils Gd respectively per quarter of 49010, ex granary. Tne mullet is firm, with a hardening tendency. New Zealand Bparrowbill oat«(
quoted at 24s 6d per 3481 b, and Danish at 20s per 3201 b ex granary. There is a good demand for all de soriptions, and prices are advancing. New Zealand beans, f.a.q., old crops, are quoted at 85s per 5041 b, with a firm but uuadvanced market. New Zealand partridge and blue peas are quoted at 42s 6d and 37s 6d respectively per 5041 b, with firm market, owing to reduced supplies.
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Bibliographic details
Woodville Examiner, Volume XXII, Issue 3868, 2 May 1906, Page 4
Word Count
444Commercial. Woodville Examiner, Volume XXII, Issue 3868, 2 May 1906, Page 4
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