COMMERCIAL.

Gisborne Times, Volume XXIX, Issue 3150, 21 February 1911, Page 2

COMMERCIAL.

HIGH COMMISSIONER'S CABLE. LPEK PRESS ASSOCIATIONS WELLINGTON, Feb. 20. The High Cbmmisioners cable, dated London, February 18th, states: —Mutton : Trade in all classes of mutton has been very slow, and prices are barely maintained. The stock is moderate. There is a large proportion of heavyweights, which are difficult to sell. North Island is at 3£d. Lamb: The market ii<s dull, and very little business is doing. The supply exceeds the demand. There is no change in prices. Quotations show a weaker tendency. Canterbury, old ; other than Canterbury sj*d. Beef: The market is quiet. The stock of frozen beef is small. Supplies of American chilled beef are small. Nominally New Zealand hindquarters are at 3jd ; forequarters, 3}d ; chilled about the same. Butter: The market is steady. There is a moderate enquiry. There is a targe supply on hand. Superior grades are in demand. There are a tew complaints of fishiness in New Zealand butter. . Choicest New Zealand butter is at-lOos. Australian 101 s, Danish 1235. Cheese : The market is quiet, but firm. White, 56s Gd, coloured 59s 6d. Hemp: The market is quiet. The output from Manila for the week waa 26,000 bales. Wool : The market is firm. There is a hardening tendency. Bradford quotations: 36’s (low crossbreds) Is Id, 40’s (low crossbreds) Is l;]d, 44's (medium crossbreds) Is 2-]cl ; 50’s (halfbreds) Is 6 1 , d, 56’s (quarter-breds) Is 9d, 60’s (merinos) 2s 1-id. Cocksfoot seed : The market is quiet, but firm. Bright, clean New Zealand seed, weighing 171’bs per bushel, is at 73s per cwt. LARGE ENTRIES! FOR, MASTER-TON STOCK SALE. , MASTERTON, Feb. 20. A total of 100 head! of cattle and 20,000 sheep (mixed lots) has been entered for the first sales of the combined Masterton auctioneers, at the new yards ax Solway, oil Wednesday next. THE LONDON MARKETS. tONiTED press association-copyright.) LONDON, Feb. ID. The German bank rate, of discount is at 4 pe r cent. There are complaints'of fishiness in many brands of New Zealand butter. The hemp market is dull. A Febru-ary-April shipment sold at ,£l9 10s. Cotton is' at 17.33 d. Rubber is at 6s 3d. Wheat: Three cargoes of Australian sold at 35s 9d, 34s 3d, and 34s 4-jd respectively. Fourteen thousand quarters of February shipment at 345. Shares: Wailii, 68s 9d to 71s 3d.