COMMERCIAL.

King Country Chronicle, Volume VII, Issue 553, 26 March 1913, Page 3

COMMERCIAL.

LONDON PRODUCE MARKETS. HIGH COMMISSIONER'S CABLEGRAM. The High Commissioner's last cablegram is as follows, quotations unless otherwise specified being average prices on spot: — Mutton. —The market is quiet, with a tendency in favour of buyers. Light weights are extremely scarce. Canterbury 4Ja, North Island 4d. Lamb. —The market is weak and inactive'; high prices restricting business. Canterbury 6Jd, other than Canterbury sgd. Beef.—The market is quiet, with no change in prices. New Zealand forequarterß 3£d, New Zealand hinds 3fd Butter.—The market is quiet, but steady, and holders firm for New Zealand. Choicest New Zealand salted 119s, unsalted 121s, Australian 110s, Argentine 109s, Danish 1335, Siberian 110s. Cheese.—The market is steady, and prices are well* maintained. The average price for the week for finest New Zealand cheese is 61s 6d, Canadian 655. Hemp.—The market is irregular, and without business, demand being principally specualtive. New Zealand good fair grade £34, fair grade £3l; current fair Manila £23; April to June shipments of New Zealand good fair £34 10s, 'fair grade £3l 10s; fair current Manila £34 10s. The output from Manila for the week was 20,000 bales. Wool.—The market remains firm.