COMMERCIAL.

Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 9016, 2 December 1907, Page 2

COMMERCIAL.

LONDON MARKETS. Press Association —Copyright. Received December 2, 8.38 a.m. London, December 1. Frozen mnttou and lamb are unchanged. „ „ ~ New Zealand ox fores 211-10 d, River Plate beef ox fores 29-l Cd. New Zealand hemp is steady. January-March shipments £3B. Rabbits are unchanged. Rabbitskins, 3473 crates offered and 2574 sold at an average decline of Id to 2d, owing to the absence of American orders. At the wool sales the fleece portions of Otara and Wairan clips brought 9J£d and Ojifd respectively. fChere wasfa good sale at full late fates with occasional lots in sellers -favour, especially faulties. Catalogued -to date 44,205 bales, sold 38,036 bales. WOOL SALES. Messrs Murray, Roberts & Co. have received the following wool market cablegram from their Loudon House, dated 2S)th November, 1907 Compared with the average rates of last London sales, medium "to extra good Merino has declined 10 to 15 per cent, inferior and faulty declined 20 per cent. The market for the latter is very irregular. Greasy crossbred has declined sto iy 2 P er cent, coarse descriptions showing the greatest decline. The ‘competition is limited.

HIGH COMMISSIONERS’ REPORT Press Association. ■Wellington, December 3. Following is the High Commissioner’s cable, dated London November 30th:—The mutton market is quiet, but steady, with good demand for prime quality. River Plate mutton is in large supply and being strongly pushed for sale at 3}£d, Canterbury brands 3J-£d, North Island 3%d. ' The lamb market is quiet. Stocks on hand are light and the high prices asked for lamb are restricting ;business. There is limited demand owing to the lateness of the season. Canterbury lamb oygd, other than Canterbury ojijd. The beef market is steady with moderate demaud“especially for fore- . quarters which are 2%d, hindi quarters average 30fil. ; ' The butter market is very firm t With good demand. No immediate Change in prices is anticipated. ( Choicest New Zealand brands are i 118 s, Argentine 118 s. Australian HGs, Siberian 1103, and Danish 1235. Uusalted butter Is per cwt loss than ; above prices. : ' The [cheese market is slightly i weaker with less demand. Some ■ holders are forcing sales. Buyers ; 'are holding back expecting prices to go lower. The cheese shipped by ' ‘the s.s. Corinthic arrived in good condition, and is quoted at 60s. 1 The hemp market is dull and ( transactions light at last quotations. ii is a better demand for hemp I on spot. ! ’’ The cocksfoot seed market is quiet. L Prospects are favourable although I buyers are not keen to do business \at the present time. The average Hywice of 171 b bright dressed seed is mma.

IP* GRAIN AND SEED. . Messrs Kayo aud Carter, Ltd., Christchurch, report as follows: — Wheat; Milling Tuscan 5s Bd_ to 5s ifld, milling pearl 5s 9d to 5s lOd, milling Hunters 5s 8d to 5s 9d, fowl .■wheat 5s Cd to 5s Bd, f.0.b., Lyttelton, sacks extra. Milling wheat: The market has fallen in sympathy ’with the reduced price of flour, and BOW rules quiet. Fowl wheat: Very scarce. Oats : A Gar ton 4s to 4s Id, B Gar ton 8s lOd to 3s J Id, Sparrowbills 3s lOd to 8s lid, Danish 8s 9d to 8s lOd, Duns 4s to 4s Id, f.0.b., Lyttelton, sacks included. The market is dull, but stocks are light ■md prices unchanged. Potatoes: Fable sorts £4 to £5. There is tactically nothing doing, but tho jeneral feeling is stronger than last reek.