LONDON MARKETS.

Evening Post, Volume LXXXI, Issue 18, 23 January 1911, Page 8

LONDON MARKETS.

■«■ HIGH COMMISSIONEE'S EEPOET. The Commerce and Tourists Division of the Department of Agriculture, Commerce and Tourists, has received the following cablegram from the High Commissioner, date,d London, 21st January, 1911. (Note : — Quotations unless otherwise specified are average market prices on spot) :—: — Mutton. — The market is steady, stocks of New Zealand is small, but the higu. prices are restricting business in the market. The supply ox Australian and Elver Plate meets the demand and they are selling freely. Canterbury cannot be quoted, North Island 4-gd, Australian s|d, Eiver Plate 3|d per lb. Lamb. — There is a, dull sale for all .lamb and the market has declined. Canterbury s£d, other than Canterbury s|d per lb. Beef. — The market is firm, the stock on hand is small, with good enquiry especially for fores, N.Z. Jiinds, 3^d; tores, 3d per lb. Butter. — The market is firm, with more enquiry at higher prices about the beginning of this week. The market closed rather quiet. Choicest New .Zealand butter, 110s, occasionally Ills; .Australian, 105s ; Danish, 116s ; Siberian, ■ 103s- per cwt. The Arawa shipment of butter arrived iv good condition. Cheese. — The market is firmer. The Arawa shipment of cheese arrived in good condition and met with a brisk demand. Coloured, 595 ; white, 57s 6d per cwt. flemp. — The market is quiet, small business doing at about quotation already given, viz. : — N.Z. good fair, spot per ton, £20 ss; fair grade, £19' 15s; fair current Manila, £19. Forward shipment about the same. The output from Manila for the week was 30,000 bales. Wool. — The market is stronger. Cocksfoot Seed. — The market is quiet, but firm. New crop, weighing 191bs per bushel, per cwt was offered at 80s. There are no buyers. ' Kauri Gum.— The market is quiet, but holders are firm, small business doing and prices weak in market. Quotations are nominal. Ordinary to fair threequarter scraped, £8 2s 6d ; fair halfscraped, 97s 6d; brown fair half to three-quarter scraped, 80s; brown pickings, common to good, 455; bush, fair to ..good, pale and ambei scraped, £b Stock 337 tons. Eggs.— Cold stored, Italian, 10s 6d to 12s per 120; Austrian, 8s 3d lo 10.*; Danish, lls 9cl to 13s 6d.

The ordinary general meeting of the New Zealand insurance Co., Ltd., will be held at the oflic-u of the company, Auckland, o^ Wednesday. Bth February. An extraordinary general meeting will "be held subsequently.,