COMMERCIAL

Taihape Daily Times, Volume 7, Issue 211, 19 May 1915, Page 7

COMMERCIAL

LONDON PRODUCE MARKETS. HIGH COMMISSIONER'S CABLEGRAM. WELLINGTON, Tuesday. The High Commissioner cables under date May 15 as follows (quotations unless otherwise specified, being average market prices on spot):— Mutton.—Fair demand continues and pfrics ar e firm, partly owing to purchases for the Government of Australian and New Zealand mutton. Canterbury 6Jd; North Island, 6 l-16d; ordinary quality 5 7-Bd. Lamb. —The market is weaker, and prices slightly lower. Canterbury two's 5 13-16 d for best quality; light weight second quality 7|d, Beef. —New Zealand beef is not quoted. The Government has purchased larg© quantities of best quality, and there is only inferior quality for sale at market. Chilled beef is in good demand. Hinds 8d; fores 6Jd. Butter. —The market is firm, at last advance. Danish (in fair demand), 154/ to 156/; New Zealand (prices firm), 140/ to 144/; Australian, 134/ to 138/; Siberian, 132/ to 134/; flrisli creameries, 140/ to 142/; Argentine, 134/ to 138/.

Cheese. —The market is very firm. Canadian, white 96/ to 98/,, coolured 94/ to 96/; New Zealand (market advancing steadily), white 93/ to 95/, coL oured 93/ to 94/; United States (last season's make firmer), white and coloured 9.0/ to 9,2/.

Hemp.—The market is quiet.and prices are slightly weakrtr. New Zealand: Good, fair grade, £32 10/; fair, £3O 10/; 'fair current Manila, £39. MayJuly: Good, fair, £32; fair, £3O; fair current Manila, £3B. The output from Manila for the week was 26,000 bales. Hops.—The market ! s firm on ac- , count of more confidence in the Government pnpopals concerning He liquor traffic. fornian. 95/ to 65/. Wheat.—The market is rather unset. tied owing to reports concerning favourable American crop prospects. Buy. ers are cautious. Canadian: On passage, 67/; May to June, 64/; American, July-August, 55/; Argentine, on passage, 63..Oats, -jl'b* market' is diet, and prices? are sli?Mly weaker. Argentine: On spot, 28/; May-June, 29''. Wool. —The market is firm, with improved demand, and the decline has suddenly stopped, Scheelite.—Quotations wnge froi.i 32/ to 33/ per unit.