LONDON MARKETS.

Auckland Star, Volume LVI, Issue 290, 8 December 1925, Page 4

LONDON MARKETS.

HIGH COMMISSIONER'S CABLE. The Department of Agriculture has received the following- cablegram dated the sth Decemhdr, 1025, rrofn the High Commissioner lor New Zealand, London:— Butter;— Market weak and Irregular. Sales of New Zealand finest have been reported at about as low as 184/. Official quotations are:—New Zealand: Finest saltedi sth December 190/ to 195/ per cwt, 28th November 204/ to 208/; unsalted, sth December 194/ to 198/; other qualities, > sth December 182/ to 184/. Australian: Salted,.sth December 184/ to 188/ up to 190/-, unsalted, sth Dccemßcr, 100/ to 104/; other qualities, sth December, 176/ to 180/. Argentine: Unsalted, sth December 100/ to 104/ up to 1(50/'; other qualities, sth December 150/ to 15G/. Siberian: .According: ;to quality, sth December 154/ to 166/. Danish: sth December, 210/ to 214/. Cheese.—English lliiest rarmors unchanged and steady. Official quotations are:—Canadian: Soiourcd and white (rair demand), sth December 110/ to 112/ up to 114/ per cwt. Estimated stocks or cheese on hand Ist December, London Liverpool, and Bristol, were: Canadlah and American 209,700 boxes, New Zealand and Australian 950 crates, atcainst 209,600 ana 33,170 Same time last year. Hemp.—Manila market dull and prices lower. "J" grade January-March shipments quoted at £44 at the close. Small demand Tor Sisal. 'fanginyika No 1 Docember-Februaiy shipments quoted at £45. New Zealand market quiet but good tone. Sellers quote: Higrhpoints £-iO, ralr £36 Tor November-January to JanuaryMarch shipments. Possible buyers io/ less. wool.—Demand continues good at sales Rates unchanged. Peas.-~Maplc Partridge No. 1, New Zealand sold 74/6 down, to 72/; lair average difficult to sell round 65/. New crops No 1 have been sold at 68/ to 69/ March-Aprli shipments. Tasmanian new crops early delivery, sold at 80/, but nominal value later loading about 73/0. BIU6 demand is ' chieny ror hand-picked Dutch and Japan--1 ese. New Zealand and Tasmanian difficult • to sell on account or irregular qualities tl3 10/ accepted ror Tasmanian medium quality. Nominal value lor New Zealand about £16. • Market quiet. English selling at 1 46/ to 48/. Cocksfoot. —Quiet. Nominal value Danish ' 77/ ci.r. London. ! Oats.—Spot demand steady. Forward . shipments quiet. No.' 2 Canadian Western , November-December shipments, sold SO/- ---' NO. 2 white clip November -shipmonu 1 offered at 23/9; new crop Plate, JanuaryFebruary shipments, 22/6... Demand is good for English best. Fine white winter making 33/, best hew jviiito spring 30/0 ' nominal value. «'A" grade New Zealand . Cartons,. November shipments, 20/6. jnarKet quiet. Present quotations unchanged.