LONDON MARKETS

Dominion, Volume 16, Issue 156, 20 March 1923, Page 3

LONDON MARKETS

HIGH COMMISSIONER’S CABLED REPORT CHEESE VERY FIRM The Department of Agriculture has received the following cablegram, dated March 17, from the High Commissioner for New Zealand, London: — Meat. Market very quiet. New Zealand tamb meets a small demand. Chilled beef in shorter supply. Very little New Zealand frozen beef about, and quotations nominal New Zealand Mutton. —Under 641 b.: March 17, 9d.; March 10, B’d. to 9jd.; March 3,9 d. to 9Jd. Under 721 b.; March 17, 7i}d.; March 10, Bd.; March 3, Bd. Over 721 b.: March 17. 7<l. Now Zealand Lamb: Best quality: March 17, Is. Old. to Is. Old.; March 10, Is. OJd.; March 3, Is. OJd.; occasional sales reported up .to Is. Id. Ordinary: March 17, lljjd.; March 10, Is. ; March 3, Is. Old. Canterbury seconds: March 17, Hid. Canterbury ordinary: March 17, New Zealand Beef. —Ox fores: Mach 17, 3Jd.; March 10, 3id.; March 3, 3Jd. Ox hinds : March 17, 5d.; March 10, 5d.; March 3, 4£d. Chilled Beef. —Fores: March 17, 3-'d.; March 10, 3Jd.; March 3,4 d. to 4l|d. Hinds: March 17, 61d.; March 10, s}d.; March 3, fid. to 6jdButter. Market very quiet. New Zealand. — Salted, finest: March 17, 2045. to 208 s. per cwt. (Is. 9}d. to Is. 101 d. per lb.); March 10, 2055. to 210 s. per cwt. (Is. 9jd. to Is. 10jd. per lb.); March 3,208 s. to 2125. per cwt. (Is. 101 d. to Is. 10jd. per lb.). Unsalted: March 17, 208 s. to 210 s. per cwt. (Is. 101 d. to Is. per lb.); March 10, 210 s. to 2125. per cwt. (Is. 10)d. to Is. 10jd. per lb.); March 3, 2125. to 2145. per cwt. (Is. l.Ofd. per lb.). Other qualities: March 17, 1765. to 2025. per cwt. (Is. 6Jd. to Is. 9Jd. per lb.). Australian. —Salted, finest: March 17, 198 s. to 2025. per cwt. (Is. OJd. to Is. 9Jd. per lb.); March 1.0, 200 s. to 2045. per cwt. (Is. 91d. to Is. 9jd. per lb.) ; March 3,202 s to 2045. per cwt. (Is. 9|d. per lb.). Unsalited: March 17, 200 s. to 2045. per cwt. (Is. 9Jd. to Is. 9}d per lb.) ; March 10, 2025. to 2065. per cwt. (is. 9jd. to'ls. lOd. per lb.); March 3,204 s to 2065. per cwt. (Is. 9i}d. to Is. lOd. per lb.). Other qualities: March 17, salted', 180 s. to 1965. per cwt. (Is. 7-}d. to Is. 9d. per lb.); unsalted, 190 s. to 198 s. per cwt. (Is. BJd. to Is. 9Jd. per lb.). Argentine.—March 17, 180 s. to 1965. per cwt. (Is. 7Jd. to Is. 9d. per lb.); March 10. 184 s. to 1945. per cwt. (Is. 7Jd. to Is. Sjd. per lb.); March 3, 186 s. to 1965. per cwt. (Is. Bd. to Is. 9d. per lb.). Danish.—March 17, 2125. to 2145. per cwt. (Is. IOJd. per lb.); March 10, 210 s. to 2165. per cwt. (Is. IOJd. to Is. lid. por lb.); March 3, 2245. per cwt. (2s. per lb.). Cheese. Market very firm. New Zealand. —March 17 : Coloured, 148 s. to 150 s. per cwt. (Is. 3i|d- to Is. 4d. per lb.); white, 1465. to 148 s. per cwt. (Is. 3jd. to Is. per lb.). March 10: Coloured, 1425. to 1445. per cwt. (Is. 3Jd. to Is. .’Rd. per lb.); white, 140 s. to 1425. per cwt. (Is. 3d. to Is. 3Jd. per lb.). March 3: Coloured, 1365. to 140 s. per cwt. (I s - 2|d. to Is. 3d. per lb.); white, 1345. to 138 s. per cwt. (Is. 24d., to Is. 2i}d. per lb.). Australian.—March 17: Coloured, 138 s. to 1425. per cwt. (Is. to Is. 3? ( d. per lb.), exceptional 1465. per cwt. (Is. 31-d. per lb.): white, 140 s. per cwt. (Is. 3d. per lb.). March 10: Coloured, 1365. per cwt. (Is. 2Jd. per lb.); white, 1345. per cwt. (Is. ,2id. per lb.). Shipments of New Zealand produce arrived at Liverpool this week per s.s. Pert Darwin, Kent, and Suffolk. Australian shipments from February 17 to February 23 total 84,396 boxes butter and 5283 crates cheese.

Hemp and Wool. Manila market quiet and easier. J grade, March-May and April-June shipments, sold down to £35 10s.; G grade, March-May shipments, quoted at £37 10s. per ton. New Zealand market quiet at about quotations already given. Fair grade, £3l 15s. Stocks of New Zealand on hand at February 28, 292 tons against 211 tons at same time last year. Wool.—Sales continue without material change in prices. Competition, if anything, slightly more general. Series will close on March 23 instead or March 28. Fruit. Market firmer. Supplies of English apples decreasing, and improved prices are being maintained for imported. Washington Spitzenburg, 12s. 6d. to 14s. per box; Washington Stayman’s Winesap, 12s. 6d. to 14s. per box; Oregon Newton, 13s. 6d. to 15s. per box: Californian Newton, 13s. to 14s. per box. Cape of Good Hope pear's arriving in good condition and selling freely at 4h. to Gs. per box of 18 to 28. OTHER ADVICES Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house, under date March 16: —Butter market quiet. Since our report of 15th prices are lower by 2s. per cwt. Messrs. A. H. Turnbull and Co. have received the following cable message from Messrs. W. Weddel and Co., Ltd., dated London, March 16: — Danish butter, 2125. to 2145.; New Zealand butter, unsalted, 208 s. to 210 s. ; New Zealand butter. salted, 2045. to 208 s. Market slow. New Zealand cheese, white, 1465. to 1485.; New Zealand cheese, coloured, 148 s. to 150 s. Market firm. The National Dairy Association of New Zealand, Limited, have received the following cabled market report from their London office, dated March 16:—Butter, extremely slow. New Zealand, salted 2025. to 2045., unsalted 2085.; Australian, salted,_ 1985.; Argentine, salted, 1965. : Danish, salted. 2125. Cheese, firm, 1455. to 150 s.