COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 231, 9 March 1915, Page 2

COMMERCIAL.

. TllGlt COMMISSIONER'S REPORT. . lly Telegraph.—Press Association, t * Wellington, March 8, Following is the High Commissioner's cable, under date London, Marcli li. ' (Note: Quotations, unless otherwise . specified, "(ire average market prices on 1 spot) 1 : —• There' was little change in the maiyket conditions during the week and the [market remains firm, together with fair ; demand for all descriptions of New I Zealand mutton. North Island 5 5-l(id, I ordinary quality 5 l-18d; ewes SVjjd. 1 Eamhs —Other than Canterbury, 7%<i . for best quality. j Beef—New Zealand hinds 6 9-lfid, fores fi'/ s d; chilled, larger arrivals at tlie market, hinds B%d; fores fid. I Butter —The market is firm at the ■I advance, with good demand for colonial. Danish, 138s to MOs; New Zealand, 134s to 130s, exceptionally 138s; Australian, 130s to 1345, exceptionally 1555; Siberian, 128s to 130s; Argentine, 128s to 130s. Cheese —The market is firm at the advance, with moderate demand by the trade. On account of. tlie-large-quan-tities required for the Government the spot market is bare. Canadian, white and colored, S'2s"'to 04s ;• Kfew Zealand,' , white and colored. 00s to 925, exceptions ally 03a; .Australian; 66s to 88s; United States, 84s to 00s. Tlie estimated Canadian cheese stocks at London, Liverpool and Bristol on- March 1 wore--78,000 boxes, against Ofl',ooo at the 1 same time last year. New Zealand and Australian cheese stocks on March 1 at London and Bristol were 41,700 crates, against 35,700 at the same time last year. Hemp—The market is steady, without animation. New Ztealand good fa,ir 1 grade £3l, fitir £2l). Fair current 1 Manila £35, forward shipment at . the 1 same prices. The outnut from Manila for the week was I'4',C(oo bales. Wheat—Tiie market is weak and in. active, buyers holding back. Canadian and American in any position GOs, Argentine- February-April 595. Oats-—Tlie market is quiet, with a > tendency in favor of buyers. Argen- ■ tine February-April 20s. ' Wool. —Tlie sales closed with a strong : market, which was excited. Large ' business .was dojjte, because the supply fell short of the demand. Tlie outlook is very encouraging and present rates are likely to lie maintained. At present prices medium and coarse cross, breds ofal] grades are higher than for forty years. Tlie estimated values of fine crossbreds of all grades are led to _ 18d, medium crosslinks of all grades la'/fcd, coarse crossbreds of all grades • 14d to lfid; superior merino lid to lfid, ' medium 12d to 14s, inferior 9d to liy,d.

■ fl CHEESE. According to cabled advice received by Mr, Newton King, agent for Messrs R. and J W. Davidson, cheese consigned to that firm, ex recent arrivals in London, realised from !)0s to 92s per cwt., . with a firm market.