HIGH COMMISSIONER'S CABLE.
(press association telegram.) WELLINGTON, December 8. The following is the High Commissioner's cable, dated London, December 6th (Note —Quotations, unless otherwise specified, are the average market prices on spot) :— Mutton.—The market is firm, and prices have slightly advanced for all grades on account of the very limited supply. North Island sd, ewes 4Jd. Lamb.—There is a good demand for all lamb. Stocks on hand are light. Canterbury, twos. s|d; heavy .weight fours, 5Jd; other than Canterbury sjd, for light weight. Beef ,-?The market is very firm owing to. the short supply of chilled beef in consequence of large shipments to America. New Zealand hinds 4Jd, fores 4d. chilled hinds sd, fores 4d. Butter.—The market is firm at advanced' prices. New Zealand choicest* is in great demand owing to short supply. Danish 129s to 1325. New Zealand 128s to 130s, Australian 118s to 1245, Argentine 118s to 1225, Siberian 108s to 112s. Cheese.—The market is firmer with a fair demand. English cheddar 80s to 84s, Canadian white 65s to 675, coloured 66s to 68s, New Zealand white 65s to 665, coloured 66s to 675, Australian 62s to 655, Dutch 61s to 635.. It is estim-' ated that the Canadian cheese stocks at London, Liverpool and Bristol on Ist December were 809,000 boxes against 365,000 last year. New Zealand and Australian stocks for the same dates at London and Bristol were 5700 crates against 8000 .last year. Hemp.—The Manila market has been very depressed during/ the week, ''bears' " selling prices having declined. The market is somewhat steadier now. Pair current Manila £29, forward shipment £28 ss. The output from Manila for the week was 26,000 bales.
The New Zealand market declined in sympathy" with the Manila market, but good business has been done at the lower prices. Buyers' values to-day are:—New Zealand good to fair grade £27, fair grade £24, forward shipment good to fair grade £26 12s Gd to £26 15s, fair graele £24 15s. Sisal. —The market is weaker with a tendency downward. Reliable quotations are difficult- on account of the Exchange fluctuating. The approximate value is £27 c.i.f. in Europe. i Wool.—The market is steady and prices are about the same.
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Press, Volume XLIX, Issue 14844, 9 December 1913, Page 8
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365HIGH COMMISSIONER'S CABLE. Press, Volume XLIX, Issue 14844, 9 December 1913, Page 8
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