OVERSEAS MARKETS.

Auckland Star, Volume LIX, Issue 305, 26 December 1928, Page 4

OVERSEAS MARKETS.

TALLOW, HE«H», WOOL, ETC.

fejGH COMMISSIONER'S CABLE

»he Department of Agriculture has reIpved the following cablegram, dated December 22, from the High Commissioner gar New Zealand, London:— Tallow.—The market is very quiet, with |>oor demand at auction. Present quotations for spot arc:—Mutton, fine, 45/6 to 48/ per cwt; fair to good, 41/6 to 45/; dajk to dull, 38/ to 38/6. Beef, sweet end/or mixed, 42/ to 46/: fair to good, 39/6 to 42/; dark to dull, 37/ to 37/6. JMixed. fair to good, 39/ to 41/6; dark to dull, 37/ to 37/6; gut, etc., 35/6 to 5 7 / 6 »

Hemp.—The Manila market is quiet but firm: fair business has been done. Shippers' dlTerings are small and closing falue ".I" tcrade, January-March shipment, was £38 5/. The Sisal market is firm with somewhat more trade inquiry. No. 1, December-February shipments, in demand at £40 10/ to £40 15/, sellers '£41; No. 2 less inquiry, nominally £38 10/. New Zealand: Better demand but business is restricted as shippers have advanced prices which buyers are unwilling to follow. Closing values, DecemberjVhiuary shipments, higbpoints, £36 to ' ; £36 10/; fair, £33 to £33 10"/: common, |£3U Hi/; tow, No. 2, £22 10/; No. 3, £19. Wool. —The Bradford market is quiet tenth no general buying of either tops or tarns expected until a new basis is established. Quotations are nominally unchanged, but the position favours buyers.

DAIRY PRODUCE

Amalgamated Dairies, Limited, received the following cablegram from their London manager:—Butter: Our price* unchanged, finest, 186/; market very firm. Danish, 212/ spot, 198/ f.o.b. Deliveries hi New Zealand 1622 tons, stock 2133 tons. Jletail prices unchanged. Cheese: Prices unchanged; white 98/, coloured 99/; market continues slow. Retail prices unchanged. The Bank of New Zealand received the following cablegram from its London Office an at the close pf business last week:—Butter: Steady, 182/ to 186/. Cheese: Quiet; white 97/ to 98/, coloured, 09/ to 100/. FROZEN MEAT. 'll.p Bank of New Zealand has received tin' tallowing advice from its London office as at the close of business last jweek:— Frozen Meat.—There is a better inquiry for wethers and the outlook is brighter. The ewe market is firm with an upward tendency. The market for lambs is firm and moderate business has been done. The beef market is well supplied and there is a little better demand. The range of prices is as follows:— (Wethers, light 6d to 7d per lb; heavy, 5d to 6d; ewes, 4d to sd; lambs, twos, 9%d to 9%d; eights, 9>4d to 9%d; fours, 9d to seconds, 7Vfcd to 8d; ox hinds, 4V*d to 4%d; fores, 3%d to 4d; cow, hinds, 4d Vjto lYt; fores, 3%d to 3%d.