COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2188, 12 May 1908, Page 4

COMMERCIAL.

(Press Association.) WELLINGTON, May 11. The High Commissionor’a cable, dated London Slay 9. states: Tho mutton market is weak and inactive, except for light weights. Tho followintr arc current quotations: Canterbury mutton -1 id, North Island ojd, Hirer Plato 3gtl. Tho lamb market is firm with an improved demand. Canterbury brands aro at 5 Jd, other than Canterbury CJd. Tho beef market is dull, nnd very little business is doing. Hindquarters' aro at iljd, forequarters 31d Tho butter market is iirni at an advance. Light shipments aro expected. Choicest Now Zealand b'lttei it at 114 s. Danish 116 s, Australian 108 s, and Siberian 108 s per cwt. Tho cheoso market is slightly weaker, and there is less demand. Stocks aro accumulating and is quoted at s is per cwt. lno hemp market is quiet and has declined. Tho stock hold in London amounts to 452 tons. Current quotations aro: Good fair grade, on spot, L2o; 10s: fair grade, spot, £24, fair cur rent Manila, spot, £24; Juno to Ju > shipments, good Cm, £2o 10s , tft D £24 ss; lair curent Manila £2l. in cocksfoot seed market is firm. Bright clean 181 b seed is at 80s por civt. Shipments from the Hirer Hate dmhig'tho month of Al»nMvcro as follows- Mutton: London 114,014, Liter nool 104,880; Hull 7093; Nowcastlc )759 ; Cardiff 7215; .Southampton 4J20. La nib: London 28,326; Ljvornoo 1 U--896; Hull 10/1; diff 826; Southamton 880. Onit«o Pro.. 1 V Wheat: Trade continues to improve on tho decreased quantity ct wheat alloat and markets are firmer. For American cargoes hrmly neiu 37s 6d is 'asked, Victorian January shipment 38s, South Australian March shipment 37s 9d. llutter: Colonial slightly easier, and 2s Cheaper owing to film warmer woather. Secondary Australian 102 s and 104 s. Wool: Bradford quiet-; prices are unchanged. SYDNEY, May 11. Butter is rising. It advanced Gs per cwt. on tho week for best, and 4s other grades. Wheat has advanced sd, bran and -poLliard is quoted at £B.