COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 74, 17 March 1908, Page 4

COMMERCIAL.

LONDOX MARKETS. London, -March 15. Frozen mutton—North Island sheep 3%d (best brands), light Canterbury lambs 5%d. Beef: New Zealand, 180 to 2201b, fair average quality, ox l'or;s 2 13-ltid; River Plate, hinds ;i'/,d. Hemp—(The market is depressed. January to March shipment Cli lbs ;o £23; duly to September £23 to C2-I. Hides—Market lifeless. Sales arc trilling. Leather—There is a better denianl. Wellington first sides !l%d to Hid. Rabbits—There is short supply and good demand, especially for young, which ate Od dearer. Copra —Market dull. South Sen nominally ,€ls. Wool—The May wool sales are limited to 180,000 bales. The new arrivals expected in July amount to 15U.UU0 bales. Copper —On the spot £SS 12s (id, three months £59. •Tin —On the spot .Cl3O ss, three months £133. Antimony, £iu to £lO 10s. Silver, 2s 5 a-Bd. HIGH COMMISSIONER'S CABLE. Per Press Association. Wellington, Monday. The following cable has been received from the High Commissioner, dated London, 14th March: — Mutton—Market is firm, but the demand is only moderate. Following are the current quotations:—Canterbury 4%d, North Island 3%d, River Plate 3>/ 4 d. Lamb—The market is steady. Canterbury brands Od, other than Canterbury 5%d, Australian 4</-,tl. Beef—The beef market is quiet. NewZealand hindquarters S'/Jd, forcquurler* 2%d. Butter—The market is unsettled, Copenhagen quotations being unexpectedly lower by five kroner. Choicest New Zealand 118s, Danish 1211s. Cheese—The market is dull and tetn porarily depressed as a result of the heavy arrivals. White makes (iOs it tils, colored ti2s per net. Hem]) —Moderate business j s bein< done in hemp, but the market lias dc dined further, Good fair grade on sjiol is quoted at £23 ss; fair grade on spol £2O 15s; fair current Manila on spot £22 per ton. March to May shipment! are quoted: Good fair grade .€23. fai grade £2O 10s. Grass seed—There is no alteration it the cocksfoot seed market since last week.

Hops—The hop market i, very quiet at last week's quotations.

TRADE WITH CA.VADA.

Wellington. March 18. Mr. .1. Graham Gow. the special commissioner sent to Canada by the finvcrmnent to inquire into the possibilities of trade between Xew Zealand and that country, has presented his report to the Government. He states that there is unquestionably a good market for New Zealand mutton in Western Canada. The long cold winter makes sheep-raising in Canada impossible, and irn|>orters prefer Xew Zealand to Australian meat. In Toronto he found many inquiries for Xew Zealand wools. Fie considers there is a market for canned meats, jams, and fruits in the Yukon territory if X T ew Zealand producers can meet the prices of the Tailed States and Kastern Canada, hut he found that Canadians had the impression that, whenever they asked for a quotation in Xew Zealand, it was made as high a- po-ihle.