LONDON MARKETS

Nelson Evening Mail, Volume LXI, 30 November 1927, Page 8

LONDON MARKETS

TALLOW, EGGS AND HEMP (By. Telegraph—Special to "The Mail") WELLINGTON, 28th November. The | Department of Agriculture has received the following cablegram, dated 26th instant, from the High Commissioner for New Zealand, London:— Tallow.—Market quiet and prices same as last quotation. Eggs.—Supplies are moderate and demand steady. Present quotations are: English (nominal) 25s to 30s per long 100; Dutch, French and Danish, 17s to 28s 6d; Belgian, 18s 6d to 24s 6d; Australian, 20s to 22s 6d; South African, 14s to 20s; Argentine, Russian and Polish, 10s 6d to 16s 6d. Wool. —Sale* continue well attended with competition brisk, and opening rates fully maintained. Hemp.—Manila declined x early this week, and "J" grade November-Decem-ber shipments sold at £4O ss. Market firmer at close and January-March shipments sold at £4l. Sisal; Market dull with small sales at reduces rates. Closing values No. 1, November-January shipments, £35 10s to £36, and No. 220 s less. New Zealand: Small enquiry for fair and common afloat. Closing values, November-January shipments, high points £34, fair £32 and common £3l. NEW ZEALAND DAIRY PRODUCE BOARD WELLINGTON, 28th November. The New Zealand Dairy , Produce Board has received the following market report from its London agency, dated 25th November, 1927: Butter.—New Zealand salted, 172 s to 1765, x accprding to grading date up to 178 s to 180 s (172 s to 180 s), unsalted 188 s to 192 s (188 s to 190 s), market quieter; Australian, finest salted 172 sto 176 s (172 s to 178 s), unsalted 184 s to 188 s (184 s to 186 s); Argentine finest unsalted 170 s to 176 s (167 s to 1745); Irish creamery salted 172 sto 1745, unsalted 178 sto 180 s; Dutch creamery unsalted 202 s to 206 s (202 sto JWs); Siberian saltSd 158 s to 162 s (156 s to 162s)'; Danish 204 s up to 206 s (208 s to 210 s); retail prices unchanged. Cheese.—New Zealand, new season white 100 s to 102 s, coloured 99s to 101 s (97s to 100 s); old season's matured white and coloured 104 s (103 s to 104 s); market firm, better demand. Canadian, finest white and coloured, October make 102 s to 104 s (102 s to 104 s), September 104 s to 106 s (106 s), practically no c.i.f. business passing. English, finest farmers 126 s to 130 s (126 s to 130 s), retail prices unchanged. / Port Caroline damage involves 30,700 boxes butter, about 700 crates cheese. Underwriters selling on behalf of consignees, adjusting difference between sale and sound value on .the usual basis. The board has also received the following advice from its agent in Montreal:— Butter: Montreal '37J cents (Is 6|d); New York, 51i cents 2sT|d). Cheese: Montreal, 19i cents (9|cl).