THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9384, 2 March 1909, Page 2

THE MARKETS.

•* HIGH COMMISSIONERS ’ REPORT. A Per Press Association. Wellington, March 1. ; < Following is the cable from the High Commissioner, dated February 27th:The mutton market is' overstocked and depressed. Current quotations : Canterbury, which is in small - supply, 3>£d; North Island, which Is in large supply, 2%d, Australian 2%d. } The lamb market is very dull and supply exceeds demand. The •" weather lately has been very un- ' favourable for the sale of lamb. This ' season’s Canterbury is quoted at’sH<l» .other than "Canterbury Ausstralian 4d, Argentine B%d. - The beef market is weak with less demand. Supplies of River Plate beef are heavy. Current quotations : New Zealand, hindquarters S^d, , forequarters 3%d, Danish beef is t- gelling at a low price down to ? The butter market is dull on Mfyf ' ,! ... . .. ,i. 1 . . , . .

account of heavy arrivals. Choicest New Zealand butter is quoted at 106 s, Danish 115 s, Australian 103 a, Argentine 104 s, Siberian 103 a per cwt. The cheese market is quiet but holders are firm. There is no change in price. I The hemp market continues dull. Current quotations Good fair grade on’spot £24, fair grade on spot £22 ss, fair current • Manila -spot £23 10s, March shipments, good fair grade £23 10s, fair grade £22, fair current Manila £33 6s. Last week’s Manila output amounted to 28,000 bales. The wheat market is active with good demand, nominal quotations; for New Zealand long berried wheat on spot, ex granary, per quarter of 4961ba,'38s 6d short berried ’wheat on spot ex granary par quarter of 4961bs 36a 6d. .The oat market is quiet but firm. Quotations : Short Sparrowbiil oats ex granary on spot per qnarter of 3841bs 245; New Zealand, Danish oats ex granary on spot per quarter of 3201b5, 16a 6d. Beans.—The market is firm but demand only moderate. Quotations:: Beans f.a.q. (old orop) per 6041 bs, 235. Peas. —The market is firm and there is small supply. Partridge peas per 5041b5, 425. The wool market is strong and all stocks are advancing. : The cocksfoot seed market is flat and nothing doing.