LONDON MARKETS

Evening Post, Volume CIX, Issue 120, 25 May 1925, Page 3

LONDON MARKETS

HIGH COMMISSIONER'S .CABLE.

The Department of Agriculture has received the following cablegram dated the 23rd instant, from the High Commissioner for New Zealand, London:— BUTTER. Market very slow owing to poor demand and very large stocks accumulating. Very little business has been done above 166s and 168s for New Zealand. Practically no arrivals of Danish owing to transport strike; not affecting market; two shipments expected to leave this week-end. Danish nominal. Official quotations are:—

New Zealand: Finest salted, 166s to 170s per cwt (Is s|d to Is 6£d per lb). TJnsalted, 176s to 178s per cwt (Is 6|d to lls 7d per lb). Other qualities, 160s to 162s per cwt (Is s^d per lb). Australian: Salted, 156s to 160s per cwfc (Is 4£d to Is 5d per lb). Exceptional, 162 a per cwt (Is s£d per lb). Un6alted, 164s to 166s per cwt (Is s^d to Is sid per lb); exceptional, 170s (Is 6£d I per lb). Other qualities, (salted) 140s to 154s per cwt (Is 3d to Is 4^d per lb), (unsalted) 140s to 160s per cwt (Is ] 3d to Is 5d per lb). Argentine: 154s to 160s per cwt (Is 4^d to Is 5d per lb). Other qualities: 140s to 152s per cwt (Is 3d to Is 4£d per lb). Irish: Salted, 168s to 170s per cwt (Is 6d to Is 6^d per lb). Unsalted: 174s to 176s per cwt (ls< 6£d to Is 6|d per lb). Siberian: 146s to 150s per cwt (Is 3jd to Is 4d per lb). CHEESE. Market for imported slow, and English practically cleared. Canadian not quoted. Official quotations are:— English: Finest farmers', 135s to 140s per cwt (Is 2jd to Is 3d per lb). New Zealand: Coloured and white, 92s to 93s per cwt (9|d per lb). Exceptional, 94s per cwt (lOd per lb).Australian: Finest and fine, according to size. Coloured, 86s to 90s per cwt (9d to 9£d per lb). Finest white: 88s • to 90s per cwt (9£d to 9£d per lb). Shipments of New Zealand produce arrived this week per s.s. Eemuera and Port Sydney. HEMP AND WOOL,

Hemp: Manila market firm early this week, and J grade June-August shipments sold at £17, but easier at close, and business has been done at £45 _10s. New Zealand mai"kefc quiet. Highpoints July-August shipment sold at £37, but at close June-August shipments quoted at £36, fair £34, and value.

Wool: Bradford market quiet.. Merino quotations firm and crossbred steady. Present quotations for tops are: 6t's (Merino) warp 4s 6d per Ib, average 4s 4d per lb; 56's (super halfbred), 3a per lb; 40's (prepared) coarse crossbred, 2s per lb. APPLES. ! Apples, ex Port Sydney just reaching market. First report indicates that condition is good Only a few sold. Jonathan, 17s to 18s per"case; Cleopatra, 20s per case; Statesman, 18s to 19s per case. Somerset shipment being cleared at about the following prices :—Cos'b Orange, 2()s to 30s per case; Cleopatra, 18s to 22s per case; Delicious, 18s to 21s per case; Jonathan, 16s to 193 per case; Dunn's Fa-vourite, 17s to 18s 6d per case; London Pippin, 16s to 16s 6d per case; Lord Wolseley, 16s 6d to 17s per case; other sorts, 16s to 17s per case. TALLOW AND EGGS. Tallow.—Spot market firm with fair business for shipment. Present quotations for spot are :—Mutton : Fine, 46s per cwt; fair to good, 44s 6d to 45s 6d per cwt; dark to dull, 42s 6d to 43s 6d per cwt. Beef : Sweet and-or'mixed. 45s 6d to 46s per cwt; fair to good, 44s to 45s 6d per cwt; dark to dull, 40s per cwt. Mixed : Fair to good, 44s to 45s 6d per cwt; dark to dull, 40s to 42s 6d per cwt; gut, etc., 38s to 42s 3d per cwt. c

Eggs.—English, Danish, and Dutch, 13s 6d to 16s per long hundred; Irish, Belgiun, Trench, and Italian, 12s to 14s; Lithuanian and Styrian, 10s to 11" • Russian, Polish, and Egyptian, 7s 3d to 9s 6d.