COMMERCIAL.

Taranaki Daily News, 24 February 1916, Page 2

COMMERCIAL.

HIGH COMMISSIONER'S REPORT. The Department of Agriculture ..Industries and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, February 19. (Note: Quotations, unless otherwise specified, are average market prices on spot):— Mutton and Lamb.—Market firm with hardening tendency. There is a good demand for all descriptions owing to a short supply available v for the general public. In more than one instance sellers 'have accepted 1 / 8 d below the official Quotation. Canterbury mutton 7%d per lli for all weights. Other brands than Canterbury not quoted. Ewe? 7'/sd, Canterbury lamb Sid per lb for all weights; second-grade, 77 8 d; other brands than Canterbury, ordinary quality, Btl. A small number of this season's is selling at 9d. Beef.—Only New Zealand cow beef available. Hinds O'/od, fores fl'/jd; chilled, a limited supply, hinds 7jd, fores o%d. Butter.—The market is flrrii, witfli a good demand for colonial butter at higher prices, Danish, market firmer, per cv.'t., 104s to 108s; New Zealand, firm market, a good demand. 154s to 150s; unsalted 100s to 104s, fair to good quality 146s to 150s; Australian, market quiet, 148s to 150s; Siberian, steady, 124s to 130 a: Argentine, market closes strong, 142s to 1445. Cheese.—The market is quiet. Canadian, market quiet but steady, per cwt., 99s to 100s; New Zealand, market quiet at the decline, white 95s to 90s, colored 90s up to 975. fair to good quality 93s to 945; English Cheddar, firm market, 100s to 108s; Cheshire, 114s to 120s; United State*, market quiet but stcadv, 90s to 975, flats 95s to 90s, Hemp.—Manila, market quiet, except for lower grades, for which prices have advanced. Coarse has sold nt £53 for Mnrcli to May shipment. Value, new graded, fair, £SO. The output from Manila for the week ended February 19 was 33,000 bales. New Zealand, 'also quiet at about good-fair, £47, fair £45 for February to April shipment. Nearer positions command premium of about 10s. Hops.—The market is firm, but little doing. A limited supply. English, per cwt., 140s to 150s; Californian, 95s to 115s. Wheat.—The market is firm, but on account of high prices buyers are cautious. Canadian, per. quarter. 70s on spot: February to March shipment, 68s; Argentine. February to March shipment, ■teamer. 08s, sailer 07s; Australian, February shipment, steamer 70s, sailor OSs Od. '