COMMERCIAL.

Auckland Star, Volume LI, Issue 280, 23 November 1920, Page 8

COMMERCIAL.

LONDON MAKKETS. HIGH COMMISSIONER'S ADVICE. (By Telegraph- — Press Association.) TVEU/IXGTOX. Monday. Tho High CommisSoner cables nnder date London. November 20, as follows:— Meat.-Kuglish trade is dull, but prices have advanced owing to short supply and owin~ to tb-o absence of Dutch. English beef I/Si to 1/4J per U>; mutton. 1/10 to 2/ per h>: lamb, 2/ to a/2 per lb. New Zealand mutton and lamb is In active demand at full prices. Ewes, 8d; cut wethers, Sd; uneot wethers, 9d. New Zealand ox beef. IOJd and 7Jd per 11>. hind* and fores respectively: cow beef. 0d and 6d. hinds and fores. Argentine chilled -beef, 1/ and !>a, hinds and fores respectively. Butter.—Very limited supply of English. The average price is £24 0/ per cwt <4/5 lb), tut sales have been made up to £28 per cwt <5/ to) No snpplies of Irish are coming forward. The allotment of Government butter win -be increased to ljoz next week. There Iβ no change in price, viz., 3/4 to, retafl. Uheeae. —The market is doll and declining. The demand is limited for all descriptions. The laet Government allotment was not fully applied for, indicating that consumption Is decreasing. There is no change in price—wholesale 1/SJ, retail 1/8 ft. English £& 15/ to £> per cwt 0/6 ito lAi lb) up to f» 7/ per cwt (1/8 Il>> for extra flue quality. Canadian, white £7 12/ to £7 18/ per cwt OJ*i to V 5 lb), coloured f7 18/ to £8 4/ cwt a/6 to 1/5J B» spot.. Cif. pncralM I decfined, and axe now £7 5T to El 10/ cwt (1/3* to 1/4 lb). Hemp-—The 'Manila market is dull ana declining owing to the absence of baying interest "J " grade ISbveroSjer-Jannsry shipment sold earij this week at £63 per ton, bat Inter at £60 10/ per ton. Sellers' present quotatfons axe:—August-October shipment, f63 per ton; October-December shipment, £61 per ton. The ontput from January I to November 15 was 972.000 'bales, againet 960.000 bates the previous year. The New Zealand market is quiet, and no transactions are repojrted. Quotations art unchanged. High points, spot £55 and fair £Si per ton: October and December shipment £53 and £31 per ton respectively.