COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2397, 12 January 1909, Page 3

COMMERCIAL.

THE HIGH COMMISSIONER’S CABLE. [Press Association.] WELLINGTON. Jan. 11. Following is the High Commissioner’s cable: — The mutton market is quiet. New Zealand luvmds are in small supply, and are quoted : Canterbury 3Jd, North Island 3id. Tliere is a dull sale for all lamb. Canterbury being quoted at o£d ;other than Canterbury 4 Ad. Austmlian lamb is of a very mixed quality, and is ((noted at 4d to 4jd. The beef market is quiet, but steady. Current quotations are: Hindquarters 3id, forequarters 3d. Tlie butter market is firm, with more inquiry. Tlie * stock- of Now* Zealand butter is almost exhausted. Prices are nominal. Buyers are anxious\ to jxscor'tnin us soon us possible the condition in New Zealand. The latter’s butter is quoted nt 114 s, Australian 109 s. Danish 11.0 s, Siberian 1.035.- \ . The cheese market is firm. Ibe supply of New Zealand makes is running short, and is quoted nominally at 60s for white and 61s for colored, per cwt. . ■ Tlio hemp market is quiet, and ,small business is doing. Current quotations are: Good fair grade, on spot, £25; fair grade, on spot, £23; fair current Manila, on spot, LZv 10s : January to March shipments, good fair grade, £24 10s: fair grade A—— 10s - fair current At anil a £24 10s. Last week’s Manila..output amounted to 17,000 bales. The stock of New Zealand hemp held in London amounts to 239 tons. . Tlie -wool market is firm. Prices continue to advance. Current quotations for" Bradford tops are: 36 s (low crossbreds) llid, 40’s (low crossbreds) Is, 44’s (medium crossbreds) Is Id, 50’s (halfbreds) Is L 56 s (quarterbreds) Is Gfd. 60’s (merinos) Is 11-ad. NEAV SOUTH AY ALES WHEAT YIELD. - United Press Association. Copyright - ' SYDNEY. Jan. 11. The Government statistical!’s revised estimate of the wheat yield is 15,731,000 bushels, an average m 12.0. Tho probable exportable surplus will ho 4,000,000 bushels. -