COMMERCIAL.

Taranaki Daily News, Volume L, Issue 59, 26 March 1907, Page 3

COMMERCIAL.

111(<11 COJIMISiSIOXEU'S ADVICE. Per Press Association. Wellington, March 25. The Department of Industries and Commerce has received the following cable from the High Commissioner, dated London, 23rd instant:— The mutton market is slightly weaker, with llo.ss jdcniajid. jSuppliea are, increasing, liut there is a scarcity of prime quality. Canterbury mutton is quoted at 4<i per lb, North Island brands 3%d.

Tile lamb market is dull aiul stocks 011 hand heavy. The demand is expected to increase. The average price of Canterbury lamb is 5d per lb # other than Canterbury brand 4%d. The beef market is dull, and the supply exceeds the demand. The average price is 3%d and 2%d for hind and fore qua i ters respectively. Tlie butler market is steady and prices are well maintained for choicest quality owing to short supply. The market is dull fur second-class quality, as the supply exceeds the demand. Current quotalions arc: Choicest New Zealand 101s, Argentine 100s, Yictoriau Oils, Danish Ills per cwt. j The cheese market is quiet. Prices I art- slightly weaker, willi less demand, I at li-ls per cwt.

The hemp market is nUIuT unsettled. Prices are slightly weaker. Co<hl far grade on spot is quoted at ;C37, AprilJune shipment JCoO, and fair current .Manila on spot £.' so.

The cocksfoot seed market is firm, but., buyers' are not keen to do business. There i*, however, no pressure to sell. The current quotation is 52s cwt. of 171b., bright, dean-dressed seed. Current quotations for Bradford lops are-Thirty-sixes low •rossbreds is r>»/id' forties low erossbreds Is (>tl, forlyfours medium erossbreds Is 15% d, Jii'tirs luilf-bi'eds Is 10 ; )/,d, lifl.y-sixes quarter- | ln-i'ds 2s 1 sixties merinos 2s 11/..l 1 /..

i. MAUKKTS. | Dainty and Company. Limited, liav..received [lie following caldes I'roni Lojidnn. dated' the 21st instant: liutter.Market iinu. Tin- Copenhagen uflicia! ([flotation i> um-lianiivd. Salted. ]OU>: nn^aHed. liiiN. Tin- 111(;ii imports u:' hnttcr into iln* { idled Kinudoni for Hie week 'eliding liu* iliiii in>tsuit amounted to SS.OtHleu i compared \vi:li 7S.00!) ewt for tin* eorresjiondjiiir week of lasi year. Fro/.M-.- -L-'-Market dull an-! ton:' jrenevai'v dn\ W'\v /Calami frozen lam!): Any change in ]His in favor of Mutton: Pikes are weaker. Frozen licet' (side?o: 1 lisdier l>y '/sd per Hi. continue very {irm. Sheepskins.—lViri'i are higher, as follows:--Creasy super merino, merino, and fine cro>*ltred. combing skins. V|d to ; oivasy coarse rro>-hlvd combing skins, '/(d i<» '/, d; clothing skins, at par lo '.'id. Tallow. -Market dull, Iml juices are unchanged. linyers are holding back. Coeksfoot (New Zealand).--There is more disjiosit ion to do business, and price* are inclined to improve.