London Markets.

Ashburton Guardian, Volume XXII, Issue 6574, 19 May 1905, Page 2

London Markets.

: Messrs Dalgety & Co., Limited, Christ- ! church, report the receipt of the following cible elated London, May 17th :— Since our last telegram prices of sides of frozen beef are lower by an eighth of a penny to a farthing per pound. The frozen mutton market is weak, with a downward londency. Frozen lamb prices are steady. The wool sales closed firm, with ptices as liigh as at any period of this series. Prices of merino wools are on the average ten per cent higher than closing rates of last series, with the exception of superior descriptions of scoured merino above twenty-one pence for which prices are five per cent higher. Fine and medium crossbred wools at fifteen, to twenty per cent higher, and up to thirty per cent for greasy medium crossbred wools suitable for Amerioa. Coarse crossbred wools are ten per cent higher, and lambs' wool five per cent to ten per cent higher. The total quantity available including old stocks, amountod to 167,000 bales, out of which some 76,000 bales have been sold for Home consumption, 51,000 bales for the Continent, 24,000 bales for America, leaving 16,000 bales to be carried forward to the next series. Of the quantity carried forward twelve thousand six hundred bale 3 have not been offered. ;