COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2594, 31 August 1909, Page 5

COMMERCIAL.

HIGH COMMISSIONER’S CABLE.

[Per Press Association.] WELLINGTON, August 30. The High Commissioner’s cable, dated London, Angust 28th, states: The mutton market is very quiet. Canterbury is at 2§d per lb, North Island 2§d.‘ Light-weights are getting very scarce. The lamb market is weak. There is an inclination to force sales, and the low prices are increasing the output. The average price for Canterbury lamb is 3|d, and the average price for North Island 2gd. The beef market is steady, with a good demand. New Zealand hindquarters are quoted at 3|d, forequarters 2|d. The butter market is firm. Danish is quoted at 117 s per cwt, and Siberian at 102 s per cwt. The cheese market is quiet, _ with a tendency in favor of buyers. New Zealand is quoted at 595. The hemp market is firm, hut not advanced. Business is dull, and New Zealand offerings are very small. New Zealand good fair grade, on spot, per ton, £25 15s; New Zealand fair grade, on spot, £24 15s; fair current Manila, on spot, £25 10s; September to December shipments, New Zealand good fair grade, per ton, £24 10s; fair current Manila, £24 15s. The Manila output for the week was 30,000 bales. The cocksfoot seed market is steady, but the demand is only moderate. Bright, clean New Zealand is quoted at 665. . . The hop market is firm, and prices continue to advance. The English crop is small, and of poor qualitv. The market prospects are favorable. English is quoted at 90s, and American at 100 - , , The wheat market is weaker, and there is a tendency downwards on account of the English crop having been slightly damaged. New Zealand longberried wheat, on spot, ex granary, per quarter of 4961 b, is at 425; New Zealand short-berried wheat, on spot,; ex granary, ; per quarter 'of . 4961 b,; 41s. The oat market is quieter, "with a tendency in favor of'buyers. New Zealand short sparrowbdl oats, ex granary, on spot per quarter of SSoih. is at §ss 6d; New Zealand oa«s a * 4 ex granary, , on spot, per qua 3 *The wool market remains quiet.