COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 120, 12 May 1908, Page 4

COMMERCIAL.

AUSTRALIAN MARKETS. Sydney, May 11. The price oi butter is rising, li has advanced Us per ewt. on the week fur best, and 4s lor other grades. The price of wheal advanced sd. lhan and pollard are quoted at £8 per ton. ilitiJl UL\L\ilSSlO.\ Eli'S REPORT. Per Press Association. Wellington, Monday. The Department uf industries and Commerce has received the following cablegram from the High Commissioner at London, -dated May J): Frozen meat—The mutton market h weak and inactive, except for lighir weights. Following are current quotations:—Canterbury mutton 4y B d, JS'orth Island 3%d, River Plate 3%d. The | lamb market is lirm, and there is improved demand. Canterbury brands 3'/ad, other than Canterbury s'/ B d. The beef market is dull, aud very litib business is doing. Hindquarters 3%d, forequarters ;J V»d-

Hutter—The market is lirm at an advanced price. Light shipments aiv expected. Choicest 2u*w Zealand buller 114s, Danish litis, Australian IU«Ss, Siberian IUSs per ewt. tliei'ne The market i* slightly weaker, with' less demand. Stocks at.' accuiniJating. Price, o!>s. Hemp—The markrt is quiet. Prices have declined. The stock held in London amounts to 452 tons. Following are the ({notations: —Cood fair grade on the spot C 25 10s, fair grade on the rspot .t'24, fair current Manila on the spot ,C£4. .lune to July shipments: Cood 'fair X,'io 10s } fair X2l ss, fair current I Manila £24.

Cocksfoot seed—The market is lirm. liright, clean 171b seea 80s per ewt. from Kiver Plate during the niontn of April are as follows:—Mutton: London 114,014, Liverpool 104.380, Hull 7003, Newcastle 9789, Cardiif 7215, Southampton 40*25. Lamb: London 28,326, Liverpool 13,896, Hull 1071, Newcastle 585, Cardiff 826, {Southampton 880.