COMMERCIAL.

Taranaki Daily News, 17 August 1916, Page 2

COMMERCIAL.

HIGL COMMISSIONER'S REPORT. The Department of Agriculture, Industries and Commerce has received the following cablegram, dated London, August 12, 1916, from the High Commissioner for New Zealand. (Note: Quotations-, unless otherwise specified, are average Market prices on spot.) Meat —The market is quiet but steady. Vew Zealand mutton and lamb are in imall supply, with the result that there is a better demand for Argentine mutlon and lamb. Prices remain unchanged ivith the exception, of, Argentine beef :ind New Zealand beef. New Zealand mutton S%d per lb, ewe mutton B%d, Argentine mutton New Zealand lamb 9M>d, Argentine lamb lid, New Zealand bull beef, hinds 5%d, fores 4%d; Argentine chilled beef, hinds 10y s d, fores 'Ad. Butter.—The market closed firm at the itdvance. Danish, salted, per cwt.. 194s to 1965; Irish creamery, salted 170s to ,1725, unsalted 172s to 1745; Canadian, Sialted 170s to 1725; New Zealand, salted 17-Is to 178s, good to fine quality 154s •\o 170s; Argentine, unsalted 172s to 1745. Cheese.—The market continues firm. Canadian, white Uss to fltts per cwt., colored 94s to 9.15; English eheddar, 108s 'id; Now Zealand, white 90s to 975, colored 94s to 955. Hemp.—Manila market has fluctuated very much and closed lower. New. Zealand market is quieter, but -Dominion offerings are very small. Government graded fair manila liemp, per ton, £sl ids/ good fair New Zealand £49, fair £4O 10s. Quotations are nominal. August-October shipment— Government graded coarse manila £47 10s, good fair ' ":sew Zealand £4B iOs, fair £4O. Output of hemp at Manila for the week ending i last Saturday was 32,000 bales. Stocks , of New Zealand hemp on hand July 31 were 455 tons. ! Wheat.—The market is firm, but prices continue to advance. Milling demand is better, but sellers offer sparingly. Amcri- . can, August-September, 07s; Manitoba No. 1 Northern afloat sold at GBs; Australian afloat 675. I Oats.—The market is quiet but firm ; at -last quotations. English new crop i beginning to offer. , Cocksfoot.—The market 13 quiet. Good Danish is quoted at 725. Wool. —The market is quiet. Merino • (notations are lower, but crossbreds are . nominally unchanged.