COMMERCIAL.

Taihape Daily Times, Volume 8, Issue 104, 16 June 1916, Page 4

COMMERCIAL.

LONDON MARKETS. 1 .WELLINGTON, this. day. The High Commissioner's cable, dated London, June 10, is as follows (the quotations, unless otherwise specified, being the average market prices on spot):-- '"' " ','.',.«• Meat. —NOw Zealand mutton' ahrt lamb continues to be in active demand; The demand is in excessi of supply, and prices, are unchanged.*A.r» gentine lamb is hi fair demand, a€ 'lower prices, owing to increasing supplies of Argentine beef, together with a moderate supply of Patagonian. New Zealand mutton, 8 5-Bd, ewe mutton I B£d, New Zealand lamb 9d; Argentine mutton lOd, Argentine lamb 12d. Newi Zealand bull beef, hinds 72d, fores Argentine chilled beef, hinds 10|d, fores, 8 7-Bd. Butter.—The market is quiet. The Danish market is steady, salted selling at 116/. Other prices are: Slj berian, salted. 136/; Irish creamery, 162/; Australian, 160/; New Zealand, salted 170/; uns'alted 170/: good to fine quality, salted. 160/6. Argentine, salted, 156/, unsalted 160/. i Cheese. —The market is, steady, with" nc business doing. The market is ! quiet but steady for the new season's make. White is quoted at 106, and coloured at 104/. The New Zealand cheese market is somewhat steadier:' white and coloured cheese for new! season's make: White 102, coloured

100/. | Hemp.—The market is steady, with" i very good demand. New Zealand,, good, fair, £49 10/; high point £"<": fair. £47 10/; Government grail ded, fair Manila 'coarse £SO 10/-. New Zealand hemp quotations, nominal. June and August slrinment, good fair £4B, high-point fair £47, fair £4O. Government graded fair m'anila £sl. coarse £4B 10/. The output of hemp at Manila for the weeK ending last Saturday was 20,000 bales* Wheat.—The market is weaker, and supplies are increasing. Canadian, 50/* Oats —The market is dull, and very little business is doing. Hops.—Business is restricted on act count of Government import prohibit tion. "B

/Wool—Wool is in better demand for all grades of medium and coarsei crossbreds. Bradford tops have a<2« vanced by ? penny half-penny.