COMMERCIAL.

Stratford Evening Post, Volume XXXIV, Issue 94, 16 December 1912, Page 6

COMMERCIAL.

London, December 15. Sheep.—Canterbury, light and medium, 4|d; Southland and North Island, 4|d; New Zealand ewes, 4|d; Australian ewes, 4sd; South American heavy, 4|d. Lambs.—Canterbury, light oifd; Southland ajid North Island, 5.)d. Beef.—New Zealand forequarters, 3Jd; hindquarters, 3Jd; Australian forequarters, 3|d; hindquarters, 3fd; South American, frozen forequarters, 3^d; hindquarters, 3 11-16 d; chilled forequarters, 3i-d; hindquarters, 4fd. Rabbits are firm at late rates. (Received 8.10 a.m.) London, December 15.

The Financial News says that as a gilt-edged security yielding over four per cent, the New South Wales loan has attractions.

HIGH COMMISSIONER’S REPORT. Wellington, December 10. The High Commissioner cables under date London 14th :

Note.—Quotations, unless otherwise specified, are average market prices on spot. Mutton.—The market is firm. Stocks on hand are light and firmly held in a few? hands, the high prices restricting business. Canterbury 4|d, North Island 4|d. Lamb.—There is a good demand for all lamb, with small supply. New Zealand and Australian supplies are increasing. Canterbury s;|d, other ;han Canterbury s*d. Beef.—The market is firm with more enquiry. Stocks of New Zealand beef on hand are light. New Zealand hinds 3|d, fores 3|d. Butter.—The market remains firm with fair demand for better, grades for Christmas trade, but for ordinary quality the market is quiet at advance values which are extremely difficult to decide. Choicest New Zealand 122 s to 1265, ordinary quality (first grade) 117 s to 121 s, Australian 117 s; Argentine 116 s, Siberian 110 s, Danish 131©. Cheese.—The market is quiet but steady. New Zealand white Gls (xf, coloured 62s 6d.

Hemp.—The market is steady and fair business is doing. New Zealand good fair grade £33, fair grade £3l 10s. For any position fair current Manila £33, forward shipment £34. Tne output from Manila for the week was 29,000 bales. Wool.—The market is strong.