LONDON MARKETS.

Hawera & Normanby Star, Volume XLII, Issue XLII, 19 October 1922, Page 3

LONDON MARKETS.

HIGH COMMISSIONER'S CABLED REPORT. The Department of Agriculture has received the following cablegram, dated October 14, from the High Commissioner for New Zealand, London: Meat. Trade continues slow, but prices firm owing to light shipments. Mutton has advanced. Chilled beef market has improved with colder weather.' New Zealand frozen beef continues quiet. New Zealand Mutton—Light-weight: •October 14, B£d to Bid; October 7, 7£d to 8d; September 30, 7£d to Bd. Medium: October 14, 7id to 7|d; October 7, 6f to 7id; September 30, 6|d to 7£d. Heavy-weight: October 14, '6§d to 7id; October 7, 6Jd to 7d; September 30, 6|d to 6|d. Ewes: October 14, 4Jd to sld; October 7, 4|d to s§d; ' September 30, 5d to 6d. New Zealand Lamb—Best quality, light-weight: October 14, Is OJd to Is o|d; October 7, Is to Is OJd; September 30, Is to Is o|d. Medium: October 14, Is Oid to Is o*d; October 7, Is to Is o|d; Seotember 30, Is to Is o£d. Heavy-weight:l October 14, 10fd" to lid; October 7, 10£ dto lld^ September 30, IOJd to 10|d. Ordinary and second-class quality: October 14, Is OJd; October 7, Is; September 30, llfd. - Chilled Beef—Fores: October 14, 3jd to 3fd; October 7, 3i;d; September 30, 3^d. Hinds: October 14, 6d; October 7, s|d; September 30, 6d. New Zealand Beef—Fores: October 14, 3id; October 7, 31d; September 30, 3|d. Hinds: October 14, 4|d; October 7, 4|d; September 30, 4fd. Butter. Market remains very quiet an 3 prices slightly easier. Only very small business New Zealand above 218s per cwt (Is ll|d per lb) early this week. Official quotations are: New Zealand—Salted: October 14, ' 216s to 220s per cwt (Is lid to Is llfd per lb); October 7, 218s to 224s per cw. (Is ll|d to" 2s per lb); September 30, 216s to 220s per cwt (Is lid to Is Hid per lb). Unsstlted: October .14, 224s to 226s per cwt (2s to 2s OJd per lb) -, October 7, 224s to 226s per cwt (2s to 2s OJd per lb); .September 30, 226s to 228s per cwt (2s OJd to 24 OJd per lb). Australian—Salted: October 14, 204s i to 210s per cwt (Is 9fd to Is 10-£ d per lb); October 7, 204s to 214s per cwt (Is 9|d to Is lOfd per lb); September 30, 204s to 208s per cwt (Is 9|d to Is 10|d per lb). Unsalted: October 14, 210s to 218s per cwt (Is 10Jd to Is lHd per lb); October 7,-210s to 218s per cwt (Is 10£ dto Is ll£d per lb); September 30, 212s to 216s per cwt (Is 10|d to Is lid per lb). Argentine.—October 14, 204s to 212s per cwt (is 9fd to Is 10|d per lb); . October 7, 204s to 212s per cwt (Is 9fd to Is lO^d per lb); September 30, 204s to 212s per cwt (Is 9fd to Is 10fd per lb). Irish.—Salted: October 14, 198s to 202s per cwt (Is 9d to Is 9|d per lb); October 7, 190s to 204s per cwt (Is B£d to.ls 9|d per lb); September 30, 190s to 205s per cwt (l"s B|d to Is lOd per lb). Unsalted: October 14, 2Qps to 210s per cwt (Is 9Jd to Is IOJd per Jb); October 7, 204s to 212s per cwt (Is 9|d to Is lOf d per lb); September 30. 204s to 212s per cwt (Is lOd to Is lOfd per lb). French—October 14, 208s to 220s per cwt (Is 10id to Is ll£d per lb); October 7 and September 30 214s to 224s per cwt (Is lOfd to 2s per lb). Danish.—October 14, 222s to 224s per ■«wt (Is Had to 2s-per lb); October 7, 228s to 230s per cwt (2s o£d to 2s Ojd per Jb); September 30, 224s per cwt (2s per IhJ, Cheese. Market firm and demand continues good. Official quotations are :— English, Finest Farmers'.—October 14, 112s to 116s per cwt (Is to Is o£d per lb); October 7 and September 30, 112s to 116s per cwt (Is to Is o£d per lb). Canadian.—October 14: ' Coloured, 100s to 102s per cwt (10|d to lid per lb); white, 100s to 104s per cwt (IOJd to Id per lb); coloured 96s to 100s per cwt (IOJd-to 10|d per lb); white, 96s to 100s per cwt (10|d to lOfd per lb). September 30: Coloured, 92s to 94s per cwt (lOd per lb); white, 93s to 96s per cwt (10d to lOid per lb). New Zealand.—October 14: Coloured, 100s to 102s per cwt (lOfd to lid per l°b .white, 100s to 102s. 6d per cwt (10|d to lid per lb). October 7: Coloured, 96s to IQps per cwt (IOJd to 10f (1«PA er lb)^ white > 98s. to 102s per Owt (10J to Jd. per lb). September dW: Coloured, 92s to 94s per ewt (lOd F er,Lb)i white > 94s to Per cwt (lOd to 10|d per lb). Shipments of New Zealand produce arrived by s.s. Port Albany and s.s. Mahana. Stocks of New Zealand cheese at Surrey commercial dpek on October 13 were 44 crates against 3795 crates last year. Wool. Sales continue well attended, with | competition brisk and good clearance. June and medium crossbred now quot-

Ed 10 per cent to 15 per cent above last closing rates j coarse crossbred, 5 per cent to 7£ per cent. Honey. The honeymarket is quiet about quotations already given, viz., Californian brand white, oSs per cwt; good light amber, 44s per cwt; New Zealand bulk, with premium of .20s tp 30s per cwt, on similar grade Californian. The Bank of New Zealand, produce department, has received the following advice from its London olh'ce under date 13th inst: — Butter—Dull; 216s to 220s per cwt. Cheese—Firm. White 100s to 102s per cwt., coloured 100s to 102s. Frozen meat—Wether market well supplied, but a little more demand. Ewes firm. Lamb market has advanced ; present demand likely to continue. Beef firm; moderate business has been done. Wethers, light 7£d to B§d per lb, heavy 6?_d to 7d per lb, ewes 5d to 6d, lambs, light ll|d to 13d, heavy 10£ dto lid, seconds llfd to 12id, ox hinds 4fd to sd, fores 3d to 3Jd, cow hinds 4d to __d> fores 2_d to 3d.