NEW ZEALAND PRODUCE IN LONDON.

New Zealand Herald, Volume XXXVI, Issue 11202, 24 October 1899, Page 5

NEW ZEALAND PRODUCE IN LONDON.

[from OUR OWN correspondent.] London, September 15. WOOL. ALTHOUGH the volume of inquiry for woo! by private treaty in London has somewhat slackened during the past week, Messrs. Balme assure me that the tone of the market continues very strong. A decide' "dv&n-v 'S in tho values of merino and fine pOssbred woo) is confidently looked 'for " 10 auctions whioh open next week, soale improve- ' went in the position o' coarse wool is ox- » pected now, in view '110 slight rise which. j has taken placo in - iUcl ' descriptions during \■: tho jpast few •x* l " itt Yorkshire. TIIO i"J Home trade i' reported as continuing very • 1 ■busy, and r Ea 'd to lead tho way 'in the r tho upwa*' movement in fino wools which 1; was initi' te d at '110I 10 beginning of tho year by 1 Continp l '"! operators. As some indication 1 of tlipidvance in merino wool since tho close 1 of ;ti9B, Messrs. Balme mention that 60' i j t O 7S in Bradford now stand !it 2s 6d per. lb, if p. against a quotation of Is BJd in January % inst, and 2s 3d at the end of the July Lon- 4 don sales. In comparison with tbo prices current at tho August sales, Messrs. Balme furnish mo £ with the following figures, obtaitfeU at yes- t terday's auction:—Merino, full and A«ie- i| quarter-woolled, |d per lb dearer; merino, -, half-woolled, |d per lb dearer ; merino, short and shorn, id per lb dearer; crossbred, fine, full-woolled, |d to §d per lb dearer; cross- <s bred, coarse, full-woolled, ad per lb dearer; 3 crossbred, fine, half-woolled, Jd per lb ;| dearer; crossbred, coarse, half-woolled, id . ) per lb dearer. The seventh series of sales it to be held on October 26. \ NEW ZEALAND MEAT. There is little to say regarding New Zea- 'J land meat this week. The C.C. and D. Com- i pany report that there have been no arrivals of mutton. Tho sudden cooler tendency of ,1 tho weather gave an impetus to the trade ? at the beginning of the week, when mora lifo and animation occurred than has been the ease for some time. Values at prosonfc j are about the same as those I quoted last week, but there is a tendency to better prices » ruling in the near future, " when the lines | of damaged mutton, now nearing their end, are finished." Though there has been little "i change in tho values for Canterbury mutton , during the last fortnight, the C.O. and D. •< Company note that within a similar period North Island mutton has advanced id per A lb. , , • 1 New Zealand lambs are reported as being in poor demand, and comparatively few are being sold. Prime Canterbury lamb, of neat weight, 341b to 361b, still commands 4|d to ? 4|d per lb, from the few buyers whose trade -J requires them; heavier lambs make from 3|d v to 4d per lb. When of good quality and nice if size, those from Southland and Dunedin are worth 4Jd to 4|d per lb. '% In frozen 'beef a fairly good trade has been • | done this week, and a large quantity has 'i gone into consumption. Nearly all the dam* ■? aged beef brought by the Duke of Buckingham has been disposed of without muoh lowering in the values of sound meat. For __ .'J New Zealand beef prices have kept steady i| at 3|d per lb for hind-quarters, and 2|d per lb for forequartera, against 3|d to 3|d for ;3 Australian hind-quarters, and 2£d to 2|d per lb for the same class, of fore-quarters. J ... ~ : . . -M