Commercial.

Manawatu Standard, Volume XLI, Issue 8194, 22 May 1906, Page 6

Commercial.

London Mm-kels. (I'er Association.) WELLINGTON, May 21. Tho Industries and Commerce Department has received tho following cable from tho High Commissioner, dated London, 19th:— Th& mutton market is quiet, and ealea (lull for all qualities l . Tho supply on iiHnd ia moderate. The average price for Canterbury brands is iijd for light weights and 3id for heavy weights. Tho average price for North Island mutton is 3jjd for be-t quality and 3i!d for second class lots. Tho lamb market is weak. The weather of late has been very unfavourable to tho sale of lamb. Large nhipments arc expected, ;md the market price is not likely to advance. At present the average price of Canterbury lamb is 4Jd per lb ; other th*n Canterbury 4}d. Tht-ro is 110 alteration in the beef tnHik':t since laat week. The butter market is steady, and prices well maintained. There is a general and active demand for moderate supplies coming forward. The average price for choice N.Z. butter to-day is lois per cwt; Danish 106* per cwt. Siberian is quoted at 955. Supplies are likely to fall off from there. The cheese market in firm, and a much better demand exists for both tvhito and coloured makes at 61a per cwt, Tho hemp market iB quiet, and only f-mail business doing. Tin; market is being afTectcd by tho expectation of heavy arrivals. The price of f.a q„ | Wellington, on epot, to day, is £31 10s j per ton. April and June shipments are ' quoted at £81. The stock on hand in 495 tons against 1338 iomi for the corresponding period last year. Fair current Manila, on spot, to-day is £42 per ton, with a firm market and improved demand. i There is largo business doing in wool | and prices are strong. I