LONDON MARKETS.

Marlborough Express, Volume XLIX, Issue 123, 27 May 1915, Page 6

LONDON MARKETS.

HIGH COMMISSIONER'S

REPORT

The High Commissioner's cable, dated London, May .22nd, is as follows. (Note: Quotations, unless otherwise 'specified, are. average market prices 011 spot):

Meat: The market is firm, owing to reduced supplies, together 'with very large den:and for the Government during the week. Higher prices have been agreed to after consultation between the Board -of Trade and the meat traders,' especik ally in the case of home-grown and chilled beef.

Mutton: Canterbury, 6-Jd per lb/ for best qualitj', light-weight Mid medium-weight did; North' "Island, 65d for best qwaJity, ordinary quality 6Jd; "ewes 5 id. - Liimlc Canterbury, 8d lor all weights, other than Canterbury 7£d; second grade 7£d. Beef": Now Zealand beef is not quoted officially, for rea&ons already given on May loth. There are only small quantities selling; hinds 7id, fores 6|d, chilled hinds 9 Id; fores 7*d.

Butter: The market is firm, owing to reduced supplies. Danish is quiet at 164s to 156s per cut. For New Zealand butter the demand on spot is good at higher prices, 144s to 14Gs; 4ustralinn 138s to 140s. Irish creamery supplies are increasing, and Jire in fair demand. 140s to 1445; Siberian, none offering; Argentine, iw good demand, 138s to 140s. Olieese: The market is very firm, and the .supply -falls short of the demand. Canadian supplies are nearly exhausted. Prices are nominal;,,, la>t season's make, white 98s per vw\j., colored 965. New Zealand, market advanced during week, closing firm at higher prices, with brisk 'lomand ; white and colored 88s to 945, according to quality and size. Hemp: TJie market is steadier and firmer. New Zealand good-fair grade C 33 per ton., lair £31, fair current Manila £39 lO.s. May-July shipment, New Zealand good-fair £32 .10s; fair £o0 12s; Manila £39. The output from LJ.ani.lai for the Meek wars 18,000 bales. ~ J Hops: There has been no material change'in the market. English, ]00s to 75s per cwt.*; Californian, 95s to 65k.

Wheat: The market is quie^,, with a tendency in favor of buyers. Canadian on passage 57s per quarter, May July .shipment 64.s 3d ; American July- August shipment 545; Argcniine

■en passage,

63*. .

Oats: The market is very . dull. Argentine on spot 28s Cd, May-June shipment 295.