COMMERCIAL.

Oamaru Mail, Volume XL, Issue 12540, 11 May 1915, Page 8

COMMERCIAL.

HIGH COMMISSIONER'S CABLE

iPek Press AssociATfo".

Wellington. May 10

Following i-- tho lLglii Commissioner - cable cintccl' London,. May S. (Quotn- I tions. unless otherwise specified, are average market prices on spot): — Tin'" mutton market- is steady, with vorv Eond demand: Canterbury, 6:\cl. Northlsland 6 1-10 d. ordinary quality •sid. The ' lanih market is w.'eaker and ■vl'ightiy lower, as supplies are increasing and Irish prices are rcstr'cting business; Canterbury 7-3 d for all weights, otlier than Canterbury 7-;-tl. For best quality second grade 1 9-JGd. There has been very little frozen bed' available at market quotations, which are nnminal New Zealand' hinds 6jUl, fores 6id. The butter market remains linn, and » mood drmand continues I'or colonial: prices are firmer on account of small supplv :Dani.sh 148s to 1545. New I Zealaiid butter has been firm tlu.s week, and the market has advanced 4s: New Zealand 138s to 140s. uusaltod IJOs to 1445; Australian 132s to 1365: Siberia 130s to 1345; Irish creameries, little offering, ]l() s to 142*: Argentine, 132s to 1365. The. cheese market is firmer; Canadian white 96s to 9Ss. colored 94s to 965. The New Zealand market closed firmer, with more enquiry; white and colored 93s i.o 945. The wheat market is active. with. 1 good demand for immediate delivery during this week, but the market lor forward shipment-is quiet: Canadian on passage G7s: May to June. 60s; Anierieair.July or August r>(U, Augustrrv September '"is; Argentine (in passag;' 645. The oats market is firm, with more enquirv lor Argentine. On spot 31s, ApriLMav 30s; New Zealand short' (Sparrowbills) on spot "* per quarter of 38411k. ;:-■ The wool market is weaker. thereJ lias been a downward tendency (or crossbred* during the. week, but now there is a great improvement and the market is firmer for all wools.