HIGH COMMISSIONER'S CABLED MARKET REPORT.

Dominion, Volume 8, Issue 2309, 17 November 1914, Page 8

HIGH COMMISSIONER'S CABLED MARKET REPORT.

The Department ol Agriculture, Industries,, and Commerce, hae received the following cablegram from the High Commissioner for New Zealand, dated London,' November. 14. ,(Note:' Quotations, unless otherwise'■ specified, are average market prices on;spot.):— • ' • . . ' Meat Market — There ere large supplies' ,of Irish 'beef and English and Dutch mutton coming forward at»a reasonable price, which keeps'the market, steady. There is , little demand for frozeil mutton, but prices, are firm; owing- to 6hort. supply at preeent dn store. V Canterbury mutton, 6d. per lb. , North Island, 53d.; ewes; s}d. Lamb.—The market is dull; very. little business ~;,doing. -Prices have declined. Canterbury, two's, 6 11-16 d..per lb.; other than.CanWrbury,.-:6id. , . ; ,, '.'■ .•;.-.-.'^-\"-.-;_■•• '■:..', ■■..- Beef—The market is Very ■" quiet.'"' Very Jittle-doing- in the beef trade. -New Zealand ; hinds, ■ 6 3-16 d. per lb.; fores, 6Jd.; chilled - hinds, . 6Jd.;. fores,. 5Jd. • .- Butter.—The ;markct: is • auiet, -but" steady., Banish...steady, per"cwt.,' 1365. ;to 1395.; New Zealahd;:-auiet/.-1266. , -to 128s.;',Australian;-6t«ady',--122s.:t6. : 126s.;';:Siberian,' qiiiet', ,118s.: .t6. : 1205.-;,-Iris3vereainery, alow, 1225: to 12fe.;-Argentine,-.:a fair.' demand,' 120s. t01245. ' Checse>iThe. market is firmer with a fair demand.->'Cariadian; ;, white 'and coloured, , perJcwt, .75sv; to' 76s;;;:deep red/-;,765;.'t6:77e;"; ■English,,; cledfler,,B2s. , /.!t0^845.; - ally,- eSsv^ 1 -'-!-'";-'-'- ■-i--.- ! —■.•,.■>■-- -~ ••

. rHemii'.r^-TiieVmarket;is ,(iui4t,- but rather l iteadiar.'^Fair;-,'curreut ; 'Manila, per ton, £23;. lanyard to Janu. ary. /£23. ; .los.;'•■■V'Ehe.-output.i'.lrom Manila for the" .week, was'l6,ooo boles.-/ '• •

' There Ms "rattierYinore interest shown in' New Zealand At-present the •price is , "10w..;.-:Good-,'fd3r grade.v'Der ton,' : £22 to--£22;.5ar;-higli-points;- quoted at £21 ss:;fair;.'jß2o.,rl6e.-;;'ror .-shipment. The ■ stocks ..oliiNoTv-Zeataiid-liemp a»d> tow at : tho. endvof'Ootober\werejl2o4-tons.- - ■;■■ . Thei'o';js'.a""bqtfej;rdeniand' for'Sisa], but - owijig ■tp"the--politicaX , -!eiti!ati6n in 'Mexico, it is .<Ufficultt"lx>,''eive. Reliable ■'quotations. ■ '.Nominal vaiuesV-i!19.:126..-6d. per ton for ' 'fair- ayeragQi'-qualilyj >■ £20 . 7s. ,' 6d. • for superior Equality;. ".'.'.'.'.''■'{ .' - ; ' ,;: ■ . < Wool.j36's Jow •ibrbssbreds,' 18W.,' per lb. r ; .; <o's low:.crossbreds, :19Jd;-per' lb.; 44's medium crossbroi3s'--Zid'. per.sib!;-'.SO's half- ■■ breefs, 25Jd.-»pCT.lb;j'.s6'aq-uajrter-bred6: 28d. per lb;; Ws merinos,'"3od. per lb. There •'lias been no-material - change in-tho market. Spot quotations ore well maintained. ;'.';'■; ' •■'■■ IEOZEir 'MEAT; jttABKET? ■ : .' ; - ; '..vV ui-.'- " •' London, November 16, , The. Incorporated Society of Meat Im- ; porters'-VSnuthfleld . market .quotations", for, . the' lumdennentioned-" classes; of* frozen meat are based on actual sales of riot lees than, one hundred carcasses •of ./mutton, or- lamb, ' or , twenty-flTe quartersi-of .beef, of fair average.'auality. "The ■ quotations "are '"not" for; selected.' lineß,-vbut;. >for ■parcels-fairly representativo' of.: the J bulk .of the ■. shipments nbw'f'on ;the' ''market" The prices . which, follow- are online aycrage-'a ; farthing 'per lb:. more; than the'. Values .ex ship, this' difference representing . tho average cost- in-»expense., handling, '■ conveyance, 'and 6elling;;o£ the meat:— .:. '■: • ■ . :

:. 'New Zealand Lambe—Canterbury, light ■ 6 11-16 d.-; v 6ccorid,. light and- medium; {Jd.j. heavy, 6'i3-ftd:v. ;, . ■■.' , .. ■• ■ /':■'■•' South"■; ijunerioan Sheopl—light; --sgcL-i ■ heavy, ':.'■ '..■.■:■ i.- , *' -,:'-:'!-'■-- South,:.'American'ewes, 5-5-16d. r - " .~:'. : .: .';

■ . .Sonthi-American .Lambs.—None-offerinf- . .''Argen'tiiietpbilledßeef—Pbree, 5Jd.• hinds :'• Hi. •'--;;..,",:'.■. ' .'.■■" ■■ J-. :-. ■ •'.- Urugrieyi'OMlled 5Jd.; Mode: . '" 6Jd; ;./"■:■:''";', ■ . ' T?.. >.'-:•:• ■; .. ;., - • A-nstrollan-Beef.—Fores,' Slip- ' P'■"-•'-•!■"' :'•• Priccs-fpi; , other meats are , imokanEed. - ;■'■;,;:• ii ■ . babbits. : ..■'•■■.- , ' ' Babbits . firm; -unchanged; Australian! ..' setting _scaxce. ... . ... ... . ; , ■ ; '-'/'■'■ ■■■.' ■-;".K-HI6nI)ON UAEKETS.-'''''-; ,'"''" : ; '.',". ■■'■■•■.■■..■ ft"'•'•"■''■ ' -Lonctoivirovemb« 11 . : -Wleafe-TThe wlieat-.'market-ia-Tery-quiet, ;■■'. end prices; tend slightly in- buyers' favour;' Cotton.-The Liverpool quotation, for 1 ■ American middling Upland cotton,' May- : ....:•;'June,'- 4:26Jd;.per"lb; : ";■; -'.' -■.-."■■.■ ,'■:'':.' cbprai October- : November shipment,, sells, at. £22 108. ; .. ■ ■. ■ Jute.-rNative, ■ first marks, : Nbvember ..'-. Bnipment,-.'£l6' pertori, ;'•'■-'•■• •• ■•■•»'-••' ■: ' ■:]' Kew_Zealaiid Hcmp-On , a:.dull, market ■'■/: ■ New Zealand ■ homp, for,. JaMieiy-rMarch .ehipment,;is quoted at-£22:per ton. . , .. • Kubber—Fine hard. Para rubber is quoted -.■-■ .: ..et 2s: ; - 65d.~ per: lb.j plantation, first latex :":: crepe, 23. 33d.;:em6kedribbed-'shcet,'2s. 53d' . - - Butter.—Danieli butter makes 1365.* to WOs. ■ .y-.-., l>er cwt; :/ : yy (: .-... - ■: ;-_;.-■:■;■. ..' ' ■'■■■' ■>■;,:':./TraEAT' AND ;FtOTTS.'.'"- r .■;",■;.' !.'-■' ■'' ■-.-' A •'■!',.•:.■'■ ■'• '■ London, Novembbr'. 16. The wheat'-ond ■ flour : -afloat -for' the . .'. .Tpnited: Kingdpm' totala Zjm;,m: quarters: ■■' : : for the^Oontinent.-l.Sffll.COOjt^Atlantio-.sTiip-' , V. .. ments, •762,000;;.5apif1c;,'f45;000.-v. The,-total 1 ,- shipments'i to'■ Europe"' during the'-week ■ i-... ■ amounted;to:l,23o,ooo.!quarters—lndian:64.ooo. , • ■■--■'■ .L".''-. '■■'.'.' ~- HIDES.'aND.. LEATHER^v'-V : -i ■ ' '•:'• !'■ .-.' ■■'■•H'l •■"■:■' London, November-16.- - • ■ . At the hides -sales;' there was steady- in- . '. Qniry. the. embargo .' on., exportatien'; cur- . -. .Wiling business.. ''Australians'ranged from .; ■ .'■S'3-i6d.-..t0'e; , 7-16a.'.:-- ...:.:.: '.•.;,!•-■' .... • For s leathers/there' was "good'inquiry. Best -,-;., liustroljan, 'heavy, 16d. to 18d. ..•■ ' : - ■ Basils-- are -.very.: firm;. ~ iirst'" Sydneys, : .'■.■:•l6d. to.l7Jd.;..New;Zealo,ni3s, 19d. io. Ui. : ■■''.■■: ~- r '':-. ";./.-''^METAIiSr'?•-.''"'•'. ' W--. ■' ! •'■' London, Nbvember 16. Bar silver.is quoted at 22Jd.-per ounce . . ytandara. v, i V - •■..■'■ /Copier; £51/123.'-6 d.' to £51'i7s. 6d.'i)ertcin.' ■:' -, Tin, £139 ss. to £139 165.. per ton. V-. ■■ Lead,-£17.155. t0..£18 per ton:.•• ' ■'■' ' ; f . Aluminium, £83 to £85 per ton.. '■;'■■.-} ■ ;, .-; A'TJSTEALIAN.'STJGAE CO;, LTD.; .' : ,-■ --| '■.- "-■■■.;■.'..,.^Molboiirnoi'.Noveinber/16. r The -Australian, 'Subojt.- Company,-.'LtdV,-has been formed.to take , over the Mouril-yan-Queensland:.interests, of the Howard-6mith-'Company.:;; The; authorised capital IS £200,000. '. ■ ■ ' ,',■ ■; ■ ■ .■■'-'■