LONDON MARKETS

Evening Post, Volume XC, Issue 87, 11 October 1915, Page 8

LONDON MARKETS

HIGH COMMISSIONER'S CABLED REPORT. t The Department of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, 10th October, 1915. (Note.—Quotations, unless otherwise specified, are average market prices on spot.) Mutton. — A good demand continues, owing to a short supply available for the general public. Canterbury, 7|d per* lb for light weight; heavyweight, 7d; other brands than Canterbury cannot be quoted. Ewes, a very brisk demand, owing to a / scarcity of wethers, 5Jd per lb. ' Lamb. — There is less demand, owing to a large supply of Home-grown lamb selling at a comparatively low price. Canterbury two's, &4d ; heavyweight four's, 7£d; second-class quality light weight, 7jd; other brands than Canterbury, 7|d. Beef. — Ordinary quality New Zealand beef cannot be quoted. Supplies of American chilled beef are large. Hinds, 7Jd; fores, s|d per lb. Butter. — The market remains firm, but on account of high prices there is less demand for best quality. Danish, quiet, per cwt., 205s to 2095 ; Siberian, a good demand for finest, 136s to 1425 ; Irish, creamery, slow, 172s to 180s. - Cheese. — The market is quiet, but steady. Prices are firm. Canadian, a fair demand, per cwt, white 76s to 775, coloured 77s up to 78s ; English cheddar and Cheshire firm, a moderate demand, 94s to 965; New Zealand, steady, white and coloured 76s to 775 ; United States, a good demand, 72s to 745, fine quality 68s to 70s. Hemp. — Manila : The market is dull, with a downward tendency for forward shipment owing to a poor demand. The spot market is not affected so far. New graded fair for shipment, per ton, £38 to £38 ss. The output from Manila for the week was 20,000 bales. New Zealand : The market is steady, but the demand is only moderate. Quotations for shipment — Good fair, per ton, £33 ; fair, £31. Value of Highpoints on spot about £32 10s. Tow. — Tow is still offering at last quotation, but buyers are holding back. Cocksfoot. — The market is "quiet, but firm. Good Danish, quoted at 84s to 85s, ex warehouse. Wheat. — The market remains firm. American market high. October to November shipments-Canadian, per quarter, 49s 6d ; American, 50s. Oats.— The market is quiet, but firm. Argentine, October to November ship- j ment, per quarter, 28s.