THE LONDON MARKETS.

Otago Witness, Issue 2308, 26 May 1898, Page 15

THE LONDON MARKETS.

The New Zealand Loan and Mercantile Agency Company (Limited) have received the followiug pablo from their London office :— " Tallow is In goqfl deniabd. New Zealand line muttofi tallpw |s worth Sis per cwt; New Zealand eood beef

tallow is worth 225. Frozen meats . New Zealand mutton quotations unchanged since last telegram. Lamb market firm. Canterbury lamb is worth 4Jd psr lb. Rabbits, SJd. Wheat : C.I.F. maiket weaker. New Zealand wheat f.a.a. is worth c.i.f to arrive 43; per 4501b."

A LARGE GRAIN' '.VTiAySAOTION.

J The Nation.*., XLoßxmni. amj Agency -Com* ? £ A £L ( i' 1M , IT F n > >i; * tc ""* *''** Haie ol " upwards oi 31,000 bushels cf » I/.-ai. gjown on the New Zealand and Aub-t.'.uk. iA«« Company's Moeraki. Jotara. J'areora, .-,>-'. Uv-jlb oatates, to Evans and r Co. (Limited), »< 3c pei Umbel (sacks extra, at r eoiiotry 'rsiUay flattens). The wheat is chiefly vslvet.

GRAIN AND I'BODUCE REPORT. Messrs VTo.nai.d Reid and Co. report that pricea r'.leci ft:- uuder at their weekly auction sales :— Oats.— Bidding was slack, and most of thosa offered were passed in for private sale. The deround is somewhat quieter, as offerings in the country have been faiily heavy, while orders from outside markets are comlcg to hand slowly We quote : lartars and duns (fit for teed), 2t 61 to fe.*d : prime milling. 2s 6d to 2s 7d ; good to best reed, 2s 3Jd to 2s 5d ; medium, 2s 2d to 2s 3d pe. bushol (sacks extra). A feeat.— The market has remained firm for all ""%*. oi P«me milling, and fair sales of this quality have been made. We quote : Prime millin* velvet 4a lid to 5s 2d ; Tuscan, 4s lOd to 6s ■ medium, 4s -6(1 to 4s 9d ; fowl wheat, 3s 6d to 4s Jilp« bnshel (sack* in). -Potatoes.— \V c offered a fair quantity, most of which were Bold on a par with U*t week's -prices ,!?• £b I, 0 , ~° &6d * er ton <sacks in). Chaft.-We submitted eight trucks, but as competition was weak we passed the bulk in. We quote: Best oaten sheaf, £3 15 3 to £3 17s 6d ■ choice;- to £4 ; medium, £3 7s 6d to £3 10s pnton (bags extra). * Turnips.— We told several trucks at 20s per ton I loose}.

Messrs Dalgei-v and Company (Limited) report having held their usual weekly auction sale when prices ruled as under:— ' Oats. — We offered several lines of good feed oats, and s-old at : Prime feed, 2s 4W ; fair to medium, 2s 3d to 2s"3£d. -Several lines of fowl feed offered, which sold at up tcf 4a. Potatoes. —The market Is well supplied. Prices have dropped from 2s 6d to ss"pers "per ton. We quote • Prime Dements from £o 17s 6d to £9 2i 6d but a*™*"*™*^ Mostly h °Wing for higher prices. Chaff .— We have (.« leport a drop of fully 5a per ™-. on . , st weelf 's quotations. Prime, £3 15s to £i 17a bd ; fair to medium, £3 5a to £3 12s fid • straw chaff up to £2 53. ' Turnips (lojse), 20a per ton.