COMMERCIAL.

Stratford Evening Post, Volume XXXII, Issue 59, 5 March 1912, Page 3

COMMERCIAL.

HIGH COMMISSIONER’S REPORT. (Per Press Association.) Wellington, March 4. Following is the High Commissioner’s cable dated London, March 2 (quotations unless otherwise specified are average market prices on spot) The general coal strike now on af fects the market, which is very depressed. The second series of colonial wool sales, to have been held in London o; the sth instant, will be postponed. Mutton.—The market is weak wit! dull sale for heavy carcases. Canterbury 4RI (nominal), North Island dpi. Lamb.—The market is quiet. Canterbury s )d, other than ' Canterbury od. Beef.—The market ds dull. Stocks of New Zealand beef on hand arc: light. Prices cannot he quoted.

Butter.—The market is lifeless with poor, demand. The average price for the week for choicest N.Z. butter war 1295, Australian 1255, Argentine 1255, Danish 138 s, Siberian 1275. Cheese.—The market is firm. There is a good demand. The average price for the week for finest N.Z. cheese per ewt is: White 72s Gd, coloured 725. Hemp.—The market as steady but the demand is only moderate. N.Z. good fair grade £2l ICs, fair grad? £2O 10s (forward shipment at .same price), fair current Manila £2l 10s, forward shipment fair current Manila £32. The output for the week from Manila was 13,000 bales. Wheat.-—The market is firm owing to reduced supply. N.Z. long-berried wheat on spot ex granary per quarter of 3811 b 2Gs Gd (nominal). Beans.—The market is firm owing to reduced supplies. N.Z. beans f.a.q. (old crop) per 50111) 38s (nominal). Peas.—The market is quiet with a tendency in favour of buyers. N.Z. pons (Partridge) per 5011 b 38s (nominal).