THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9114, 6 April 1908, Page 5

THE MARKETS.

HIGH COMMISSIONER’S REPORT. Press Association. v Wellington, April 6. The Department of Industries and Commerce has [received the following cablegram, dated London*. 4th April:— The mutton market is very firm with better demand, but there is scarcity of prime quality of [mutton. There is no change in [the prices of River Plate mutton, which is quoted at S%d. The lamb market is very firm, with better tone. Stocks on hand are light and prospects for the sale of New Zealand lambs this season are good. Canterbury lamb is quoted at 5%d, other than Canterr bury s^d. There is better demand for beef, hindquarters being quoted [at ls%d, forequarters at 2%d. The butter market is firm [with improved demand and supplies will be moderate. Following are current quotations : Choicest New [Zealnad Ills, Danish Ills, Australian 107 s, Siberian 107 s, Argentine 108 s. The cheese market is quiet, but steady and there is no change in prices. HjThe hemp market is steady with improved demand, but dependent on Manila reports. Following are current quotations : Good fair grade on spot £25 10s, fair grade on spot £23 10s, fair current ; Manila £24 10s, April-Juue shimpents of good fair grade/ £35, fair grade £23 10s, fair current Manila £24 10s. The stock of New Zealand hemp held in London amounts to 384 tons.

The cocksfoot market is firm, but there is less demand at 80s for bright clean New Zealand seed weighing 171bs per bushel. In order to push sales of cocksfoot lower prices would have to be accepted. Following were the shipments from River Plate in March :—Mutton : London 38,366, Liverpool 81,076, Hull 8814, Newcastle 8225, Cardiff 1250, Plymouth 948. Lamb: London 248’, Liverpool 10,997, Hull 1077, Newcastle 1000, Cardiff nil, Plymouth 100. Butter; Liverpool and Southampton 8796 cwt.