ENGLISH MARKET.

Auckland Star, Volume LVIII, Issue 48, 26 February 1927, Page 4

ENGLISH MARKET.

LATEST FINANCIAL RETURNS. CONSOLS AND COLONIAL STOCKS. LONDON, February 24. The following table gives quotations for consols and colonial inscribed stocks, compared with those of February 17:— YariaPrioe. tion. C s. d. s. d. Consols 2J per cent ... 55 0 0 5 0* British 3J War Loan . 98 12 C 1! 6t British 5 War Loan . . 101 5 O 2 6* Conversion Loan. 3J . . 74 12 0 Ex div. Com'wealth, si. 1922-27 101 0 0 1 3t Com'wealth, 0, 1931-41 101 10 0 2 6t New Zealand, 4, 1929 9S 7 0 2 6f New Zealund, 3J, 1940 SB 2 <• Same New Zealand, 3, 1945.. 77 2 6 5 Ot New Zealand. 6. 1936-51 108 2 6 12 6* tHigher. *Lower. Metal. (Quotations on Feb. 21 in parentheses.) Copper.—Spot, £55 13/9 (£55 13/); three months, £56 3/9 (£55 11/3). Lead.—Spot, £28 1/3 (£2B 2/6); three months, £28 8/9 (£2B 8/9). Spelter—Spot, £30 12/6 (£3O 17/b); three months, £30 17/6 (£3O 18/9). Tin.—Spot, £311 7/6 (£3ll 7/6); three months, £305 7/6 (£3OO 7/6). Silver.—Standard, 26 9-16 d (26% d) per oz.; fine, 28 11-16 d (28ttd). Bradford Tops. The Bradford tops market is very firm. Topmakers are maintaining prices, but spinners are not receiving increased business. Quotations: Sixty-fours. 47d; sixties, 43M:d; fifty-sixes, 34d; fifties, 2Gd; forty-sixes, 21d; forties. 19% d. Wheat, Flour and Pulse. Wheat.—Cargoes are steady, but occasionally turn easier, owing to lack of buying support. Parcels are in poor demand at late rates; sales, 53/ to 54/6. Liverpool futures: March, 10/6V2 per cental; May, 10/'2%d; July, 10.3d. The spot trade is quietly steady.

Flour. —Steady. Australian, ex store, 40/. Oats.—Firm. Sugar.—Granulated, 33/4 M:. DAIRY PRODUCE. Dalgety and Company, Limited, report having received the following cablegram from their London house, dated February 24:— Butter.—There is very little doing for New Zealand. Australian butter market quiet. New Zealand Dairy Produce Board, minimum price, finest, at 168/; first, at 166/; Danish butter, at 188/ to 190/; Australian butter, finest, unsalted, at 166/ to 168/; finest, salted, at 162/ to 164/. Cheese.—The market is quiet. New Zealand Dairy Produce Board, minimum price, finest, coloured, at 92/; first coloured, at 91/; finest white, at 92/; first white, at 91/; Canadian spot cheese, coloured, at 94/ to 100/; white, at 94/ to 100/. FROZEN MEAT. Dalgety and Company, Limited, report having received the following cablegram from their London house, dated February 24:— New Zealand prime crossbred lamb, Canterbury, heavy, 9d; light, lid. New Zealand prime crossbred lamb, North Island, heavy, 9d: light, lO'/sd. The market for New Zealand lamb ia steady. m he demand is moderate. New Zealand prime crossbred mutton, North Island, heavy, 6d: light, 6%d. The market for New Zealand mutton is quiet. The demand is steady.

The market for New Zealand beef is nominal. The demand is nil. Good average quality Australian crossbred lamb, light, 7%d. The market for Australian lamb is weak. The demand runs principally on light weights. Good average quality Australian crossbred mutton, light, 4Vtd. The market for Australian mutton dull. The demand is moderate.

TALLOW. Dalgety and Company, Ltd., report having received the following cablegram from their London house, dated February 23:— Tallow.—Prices are 6d lower, except good mixed, unchanged.