COMMERCIAL.

Gisborne Times, Volume XXVIII, Issue 2748, 1 March 1910, Page 2

COMMERCIAL.

FROZEN MEAT

The New Zealand Loan and Mercantile Agency Co.. Ltd., yesterday received the" following cablegram from their London office: Market firmer lor mutton, steady for lamb, better for beef.

HIGH COMMISSIONER'S RET OKI

[Pun. Truss, Association.] WELLINGTON, Feb. 2S. The High Commissioner’s market report is as follows: Sales of all quantities of mutton are dull ; tho supply is small, but constant, and meets the demand. Holders are firm: Canterbury mutton, which ’is extremely scarce, .averages 4fd, North Island 32d. Lamb is firm, with a better tone in the market this week. The average price of Canterbury lamb (small supply) is sjjd, other New* Zealand lamb sd. There is a better demapd for beef. The stocks of New Zealand beef to hand' are light. The average prices are: Hindquarters 3j|d, forequarters 3-]d. There is a. better demand for butter, aim the market is firm. Light shipments are expected from the Continent, and the market prospects in general are favorable. The average price of choicest New Zealand butter is 120 s; Australian and Argentine. 117 s: Siberian, 110 s : Danish 1275. Buyers of cheese are holding back, expecting prices to no lower. Hie arera"e price of New Zealand finest white cheese is 50s Gd; colored 58s Gd. There arc no complaints of ‘‘off” flavor regarding New Zealand cheese. I. ho hemp market lias decreased. Poor business lias boon done: buvers aie eautions. gw Zealand Tig-hid, jxocklj fail grade, on spot, is at £26' fair grade, £25: Manila output for the week was 32.000 bales. The cocksfoot- seed market is quiet, but steady. Buyers are not keen to do business. The. average price of New Zealand bright, clean, 171 b seed is 755. The lion market remains firm.

LONDON MARKET

United Pnii33 Association —Copyright noun, Feb. 26. The Bradford wool market is fimi, all sorts showing a hardening tendency. Danish butter is - noted at 1265. The Omrah’s consignment was quickly cleared at about is above last week’s prices. Holders are very strong and asking 118 s to 120 s for next week’s choicest Australian arrivals and 116 s for secondary; New Zealand choicest 1225: secondary 118. No increase in European supplies is expected before Easter. , Cheese is dull. New Zealand, o3s to 595. i The wheat markets arc Hat, with little business. There- is no speculation and no immediate prospects of any improvement. Weekly shipments exceed consumptive I’equw'omonts. Prices as*kod are: 39s 6d for Australian steamer February-March shipments, 39s 3d pcisailers December-January shipment, 39s for January -February-aiai-eh shipments. There is ’ little inquiry for Australian on spot at 435. Flour is quiet. Australian tor shipmen to London, 27s Gd c.i.t. Liteipool, 3d to 6d- ancre in: Glasgow. Oats are steady. New Zealand unchanged; La. Plata March-Apnl shipment 14s Gd. LONDON, Job. 2/. . Frozen meat market: Sheep, Cantarburv is unchanged: no Southland otlcrj iirr • North 1 . Island 3 11-Tud per lb. Lamb. North Island 4§d. selected s‘d, the rest unchanged. Beef, forequarters 32d, hindquarters 4yd. Sheep, light 3 ,d, heaw 3 3-lGdg lambs, best 4j|d, fair 'd, inferior 4fd; beef, forequarters 3cl, hindquarters 3 3-10 d. Biver Plate frozen meat: Lamb 41 d ; Tic ef, forommrters 3d, hindquarters 3fd. Hides and leather: There is a small business, prices being unchanged. Basils have declined a farthing. . , Wailii shares, buyers £9 lGs 3d, sdIcrs, £9 18s 9d; Junction, buyers 31s 3d, sellers 31s 9d.