COMMERCIAL.

Taranaki Daily News, 21 September 1916, Page 2

COMMERCIAL.

THE WHEAT MARKET. A'ustralian-N.Z. Cable Association". London, September 18. Wheat.—There is a poor demand and prices are lower. There are no bids for cargoes. i LONDON MARKETS. THE CHEESE QUESTION. London, Sept. 10.' South American mutton B%d, lamb o%d, Australian and New Zealand unchanged. The market is tending to be easier, owing to larger supplies of Home-grown and more abundant arrivals of New Zealand mutton and lamb. [_ The Government's intentions regarding cheese have not been announced, but there is a growing impression that it is likely tc take over a!; arrivals of Australian, New Zer-.land mid Canadian, and possibly also the Home output. HIGH COMMISSIONER'S REPORT. The Department of Agriculture, Industries and Commerce Ims received the following cablegram, dated London, September 10, from the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on spot). Meat.—Owing to a large supply of Dutch mutton English lambs are selling at comparatively low prices. There is a less demand for all descriptions of frozen meat with the result that lower prices are being accepted for Argentine mutton and lamb. New Zealand mutton, per lb, S%d; ewe mutton, Argentine mutton, Sy s d; New Zealand lamb, 9 1 /.d: Argentine lamb, New Zealand bull beef, hinds, B'/od, fores •i}d New Zealand boneless beef (i]d; Argentien chilled beer, hinds, 9, fores V/ S A. Butter.—The market continues firm. Danish, salted, 180.5 to lS2s, uusalted 182s to 184s; Irish creamery, salted lS4s to ISSs, unsalted 186s to lflbs; Canadian, salted lS2s to 180s, unsalted ISfis to IHKJd; New Zealand, salted 180s to 18Ss, unsalted 188s to lftOsj Argentine, salted 1823 to 18+s, unsalted ISfis to ISSs; American creamery, salted, 172s to 170s. Cheese.—The market is quiet but steady, Canadian, white 10.5.3 to Kids', colored 105s to 100s; English eheddar, 114s to 110s; New Zealand: The market is steady, white 104s to 100s, colored 104s to lOiis; States Flats, white 101s lo 102s; States eheddars 102s to 103s. Hemp.—The market is firm with hardening tendency. Light shipments of hemp are expected from Manila. Good-fair New Zealand hemp, per ton, £4O 10.;; fair £47 10s; Government graded fair •Manila £52; coarse £4O 10s; OctoberDecember shipments, good-fair New Zealand £4O; fair, £47; Government graded fair Manila £.51; coarse £4s 10s. The output of hemp at Manila for the week ending last Saturday was 2,5,000 bale?. Stocks of New Zealand hemp on hand at the end of August were 401) tons. Wheat.—The market remains firm, but quotations are nominally lower. Canadian arrived, OSs Od; October-November, UGs fid. Oats.—The market is firmer. Argentine, on spot, 32s 1i.1.. Wool.—The market is firm, with a strong market for croas'breds.