COMMERCIAL.
IIIUII COMMIBSIOXEIt'S KEFOKT. by Telegraph—Pres3 Association. Wellington, Holiday. A cable from tins High Commissioner dated 27th March states:— . The mutton market remains depressed, ami ha« declined further. Canterbury mutton, which is in small sup|)l,v, is quoted al IP/id. .North island Is in large supply and is quoted at •>%,[. River I'hite uiuUuit (large .supply) is being strongly |iushed for sale at'2'/»d per Hi. The supply exceeds tli L . demand. Stock is accumulating al present in store.
The lamb market is weak and inactive, with very little prospect of improvement for some time. Stocks in hand are heavy, and prices have declined. Current quotations are: Canterbury lamb 4%d, other than Canterbury 4'/,d, Australian 3%d, iiiver Plate 4%i1.
Beef—The market its weak owing to the poor demand and .supplies from the ltiver Plate. Heavy New Zealand hindquarters are quoted at 3d and iorc,quarters al "i'/ad.
Butter The market is rather unsettled. Buyers are holding back, expecting prices to go lower. Th(. market is lifeless. Choicest Xew Zealand butter is quoted »t 103s, Australian 101s, Ar-
Chcese—The market is firm and there Cheese—The market is fi.rin and there is more demand, especially for colored makes, which are quoted lit tils. White makes are quoted at 01s. Hemp—The market is very depressed on account of large shipments from -Manila. Current quotations are: flood fair grade on spot .123, fair grade on spot t2l. fair current Manila On spot ,C 23. April-June shipments, good fair grade £22 10s. fair grade .C2O 10s, failcurrent .Manila £2O 10s. Last week's Manila output amounted to 25,000 bales. The cocksfoot seed market is quiet. There are light stocks on hand. Bright, clean. !71b seed is quoted at 80s. Xvw Zealand long-berried wheat on spot ex granary per quarter of 49G11*.. :i!ts Ikl. short 37s lid. Prices are nominal. The market is firmer.
Xew Zealand short, sparrowbill oats ex granary per quarter of 3841b5, 245: Banish oats ex granary per quarter of 3201b, 17s. A good demand exists for all descriptions oi Xew Zealand beans. F.a.q. (old crop) per 5041hs is quoted at 345. The market is firmer, with more enquiry. Partridge peas per 50-llb are 42s fid. The market is linn, with a hardening tendency.
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Taranaki Daily News, Volume LII, Issue 55, 30 March 1909, Page 4
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366COMMERCIAL. Taranaki Daily News, Volume LII, Issue 55, 30 March 1909, Page 4
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