LONDON MARKETS.

Evening Post, Volume LXXXIII, Issue 95, 22 April 1912, Page 8

LONDON MARKETS.

HIGH COMMISSIONER'S REPORT. The department has received, the following cablegram from tho High Commissioner, London, dated 20th April, 1912. (Note — Quotations, unless otherwise specified are average marker prices on spot) : Mutton. — The market is quiet but firm. Heavy-weights are difficult to sail at an average price of 3gd per lb. A good demand continues for lighter carcases, selling at an average price of- 4d per lb. I Ewes, 3^d per lb. Lamb. — The market is steady, with a very good demand. Prices are firm at I the last rates quoted — Canterbury, s£d ; other than Canterbury, s§d per lb. Beef. — The market remains firm. A email supply and a good demand continues. New Zealand hinds, 4id per lb; New Zealand fores, 3£d_per lb. Butter. — The market is very depressed. Buyers of _ butter aro holding back, oxpecting_ prices to go lower. A large decrease in consumption is reported on account of high prices and labour troubles recently. The average price for the weels for choicest New Zealand butter, per cwt., is 1146; Australian, 112s; Argentina, 110s; Danish, 1265; Siberian, 112s. pheoso. — Tho market is quiet, prices slightly wcakcx*. Stock is moderate. Tho average price for the week for t finest New Zealand cheese per cwt is 725. Hemp.— The market steudv, but no demand. New Zealand good fair grade, per ton; £21 10s to £21 15s; N.Z. fair grade, per ton, £20 for any positions. For Manila the market is firmer. Fair current Manila spot per ton, £21 10s; forward shipment, £21 15s. The output from Manila for tho week wa3 24,000 bales. Wool. — Tho market quiet, but steady. Current quotations Tor Bradford tops: — 36'e, low crossbreds, Is Id ; 40's, low crossbreds, Is l^rd; 44's, medium crossbreds, Is 2d ; 50's, half breds, Is s£d ; 56's, quarterbreds, Is 7Jd; 60's, merinos, 2s O^d. Hops. — Tho market is firm with improved demand. No change in prices. English, £13; Calif omian, £12 per cwt.

The* PostaJ authorities were approached by a Post representative to-day for some details as to the accommodation to be provided at the new post office at Porirua, to be formally opened by the Hon. H. G. El' on Wednesday after noon. The information was, however, withheld, the reporter being informed that ihe Minister desired to have the first opportunity of making it public on Wednesday. The Public Works Department has acI cepted the tender of Sanders Brothers, of Wellington, at £11,652 for the erection of a bulk istore for the Post and Telegraph Department, to replace the old building which will be done away with | owing to the extension of the railway I yard. The unsuccessful tenderers were : VV\ H. Bennett. £13,567; Howie and Matthews £13,939; A. Seamer, £14,780 ; Murdoch and Wallie, £15,489 ; J. and A. Wilton, £16,302; M. Frain, AJ.L6,yOQ j Campbell and Burk«, £18,171. '