LONDON MARKETS

Evening Post, Volume LXXXVIII, Issue 150, 22 December 1914, Page 5

LONDON MARKETS

HIGH COMMISSIONER'S CABLED REPORT. The Department of Agriculture, Industries, and Commerce has received the following cablegram from the. High Commissioner for New Zealand, dated London, 19th December, 1914. (Note.— Quotations unless otherwise specified are average market prices on spot.) Mutton. — There is more demand owing to short supply of Dutch, but the market is declining on account of frozen supplies | increasing. Canterbury mutton, sid per lb ,- North Island, s£d. Lamb. — The market is quiet. Canterbury 2's, 6 9-16 d per lb; other than Canterbury, 6|di Beef. — There is a better demand for beef, owing to short supply of Irish and j chilled. New Zealand hinds 6|d per lb, fores 5f d ; chilled hinds 7|d, fores s|d. j Butter.— The market is firm. Danish : ! Very slow ; supplies are decreasing ; 150s jto 154s per cwt. New Zealand : Slarket is firm, a good demand; 136s to 138s. Australian : Market is firm, moderate supplies coming forward; 134s to 1365. Argentine : Firm ; 132s to 1365. Cheese. — The market is not quite so firm. Canadian : Firm, demand only moderate; white and coloured, per cwt, 78s to 795, exceptional 80s. New Zealand : Market has declined further ; white and coloured, 76s to 775. The Ruahine, Tainui, and Pakeha are in dock. The Ruahine and Tainui are discharging butter and cheese now, but the Pakeha cannot discharge for three days. The dairy produce market is rather unsettled owing to delay in delivery from docks. Hemp. — The market is eomewhat steadier There is very little New Zealand on hand. New Zealand, good-fair grade, per ton, £26; fair, £24 (these prices are nominal). January to March : New Zealand good-fair grade, per ton, £24 10s; fair £22 10s; fair current Manila, £25. The output from Manila for the week vvaa 16,000 bale*.