COMMERCIAL.

Feilding Star, Volume XVI, Issue 4129, 29 October 1920, Page 5

COMMERCIAL.

LONDON MARKETS. '

HIGH COMMISSIONER'S -CABLED

REPORT

The Department of Agriculture has received the following cablegram dated October 23, from the High Commissioner for New Zealand, London : —

Meat.—English trade dull at average prices. Beef Is 3 Id, mutton Is 9d, lamb 2s per lb. Imported meat constitutes 75 per cent, of supplies offered in the markets. Argentine chilled beef is in active demand at fulL price. Hinds Is, fores 8d per ih. Australian, best quality ox beef is selling at 10-id, for hmds and (_d for lores . Only Neiv Zealand cowbeef offered for sale~at 9d, and per lb, hinds and fores respectively. New Zealand, mutton and lamb continue in active demand at maximum

Butter.--Average price is English £24 7s per cut. (4s 4*d per lb), Irish vcrv limited supply a.t £24 15s to £25 10s" per cwt (4s 5d to 4s Old per lb), 'but, high' price is checking demand. "Hemp.--Manila market continues dull only small business has been douo J prade October-December shipment sold at £65 10s per ton. Present quotations for shipments are: July-September and August-October, £06 10s per ton; September-Novem-ber and October-December, £6o 10s nci- ton. New Zealand market is quiet, with few buyers. Fair grade October-December shipment sold at £53 10s per ton. Sellers' present quotations are: Highpoints spot £56 10s; October-December shipment, £oo 10s; fair, £55 and £53 10s per ton, respectively. . ~.,-,. "Honey.—Demand is limited to cheaper sorts. New Zealand quoted at nominally finest 100s per cwt. (10;' d per lb). c i "Wool.—ln consequence of coal strike Government wool sales Liverpool, October 21, and series due to commence in London, October 20, have been postponed at request or trade Bradford trade very quiet; difficulty has arisen from labour trouble and buyers are holding hack. Toils, quotations nominal at last rates quoted (viz., 64's 6s 6d, 56's 4s lOd 40's Is lid per lb). Merino tops much ° 'Note.-Price per lb shown in brackets is approximate price only.