THE LONDON MARKETS.

Nelson Evening Mail, Volume XLIII, Issue XLIII, 13 September 1909, Page 3

THE LONDON MARKETS.

. IMPROVEMENT IN MUTTON.- --* LONDON, Sunday. - There is -a. general improvement in the demand for mutton. Stocks are short :ana firmly held. Sheep: Canterbury light and medium, 3%d;. heavy, 3d; Southland, 3%d North Island^. 3d;, best brands, 3%d; lambs,, Cant'eibrinryX light, X3%d;. medium, /and heavy, 3%d; South Island; S&'dj, North Island, 3 l-16.d;. selected, 3 d., . Beef: Fores, 2%d; hinds, 3%' d." Aus-. tra'lian ~Bheep: .Heavy,- 2%d; light,, ■2%d;- lamb, . none offering; beef v fores, 2%d; hindß, : S*£d. v X River, Plate sheep, heavy 2%d; light, 3d;; beef, fores 2%d; hinds, 3 5-16 a;, lambs, 2%d. ".[-.. -.. Lead imports are 10,553 tons — Aus-, Xtfalian, 2460 tons; . exports,' 4082 tons. • .', Copper on spot is at £58 15s, and at three "months, ' £59 . 2s 6d; electrolytic, £60. -X Tin on spot it at £136 ' 17s 6d; "and at three months £138 2s 6d.a ton. ,•.-"■'■■■'' - - - '•■ SiiverV.^S^d. an ounce; - '■XShafes:X-v Waihi, 'Buyers;/ £9. 7s 6d; sellers,' £9* 10s. \ junctions:'; " Buyers," 'sisV3d;. sellers, s3s'9d. X' .-' J- - - - The Bank of .England weekly returns are: Stock of gold coin, X*£38,853,00Q ;. reserve, '£i 29,446,006; proportion 'bf. re-, serve- to liabilities, 52.68 ; notes "in:circu'latiori, £29,336,000 ; public deposits, ■ £8,056,000, -other deposits, £47,818,000;: --Government securities, , • . £15;329,000 } • other, securities, . £29,346,000; A, Banjc 'rate/of discount,, 2A'per cent ; on: short "loans J per ..cent ;• on : : three months*, bills in London, li per cent; at Paris,". Ij-j'-per cent;- at-BerliriY 2f per cent. -.-.- J - X Consols \are at 831;-N:S. Wales fours 108;" do .three-and-a-half s 99 ; ' do ■ threes .86i '■-}' ■ South, v Australian-. threes 84J ; ."Queensland fours. 104; do•,three-and-a--half 5..,97£; do threes 86£; New. Zealand •threes .864.; other stocks' are unchanged. V. 'The wheat market is quiet,-- and" inactive; X Although sellers are Willing to. :mee't buyers, the latter-are loolrihgfor lower, prices when new supplies arrive in" quantity.' - ; , Cargoes are <lull. Australians afloat is quoted at -41s to 41s 6d; September shipment 4is."> new crop, De-cember-January, steamer": . and sailer shipment : - 37s 6d;- Australian on spot, duU;'43s 6'd •';' New Zealand long berry, 38s 6d to" 40s"; short berry 385;,t0 39s 6d. '■•'. Flour has -poor demand.' Australian -patents are.' ; scarce, and are quoted.'at London' at . 32s to 32s 6d; and at .Glasgow; at 32s 6d.' ■/■'■■• '■ -.-- - . Oats are quiet, Gartens, f SparXfo'wbills, X2ss ed to ■ 26s; iLa Plata afloat, 14s lOid. : - - ■■■''•'• The American visible, supply of wheat is 17,526,000 bushels. • -,iSugar,' German,- lis 10dj first marks, 13s 9d.' ■ ', -,'7/ :■: •:'::' - - . The - Bradford iwool market is firm and, unchanged.! -V -. i - - - s Butter, -ehs quality, is very scarce. A few" lots . of New South Wales .- unsalted sold at ,114s to 115s. , . . '^•BTempV.is ' firm. October-December 'shipmentsv£2sJ. ■ _ . . Linseed oil 216}. ; •- ."" ;"-" Copra is -quiet.;. South Sea-20. v Babbits are improving. Prices are unchanged. ■. •■ ' y- '■" v,jY£eßsrs i .Bisley . .Bros, and . .Co. report through. 'their London agents, Messrs Dalgety and ; Company, Limited, under, date-'of 11th irist., as follows iy. -~jTOzen r Meat;— r T-here'-is a fair.' demand foryffozen meat, of- all classes. 'Beef; is ;from i-16d'to id a lb. lower. The."mar"iTajlbw.—^Since our last wire prices for ■prim^e. crossbred Canterbury mutton be- • 'ing" from fd= to ' Jd "higher, arid.-.for North" Island 'prime crpssbired muttpn'£d higher, -; The 'lamb' market is also;firmeTi-' -Prices- for prime crossbred' Canterbury lamb are from. _A tofd:higher: For ."Sbrthklsiand; prime crossbred lamb any obange in prices is 'In favour of sellers. ■big!" fibril id to-' |d higher;" and for • low' 1 and inferior ; descriptions. 'are from 3d to 6d higher; for other -descriptions .any . : change " in prices '- is • in favour 'of ybujSrs. v.; -y; -'.' ;?'•'■• "'''■-"*.■'..''.'