LONDON MARKETS.

Otago Daily Times, Issue 20870, 9 November 1929, Page 23

LONDON MARKETS.

(United Press Association.) (By Electric Telegraph—Copyright.) LONDON, November 7. (Received Nov. 8, at 8 p.m.) I Cargoes are depressed at 3d to 6d j easier owing to the decline in American •; and the forecast of heavier Argentine ' shipments. Parcels had a similar decline, j but they closed steadier. Futures; London; October-November, 1 I® 3 4dl December, 46s lOd; January, 47s i °u. Liverpool: 9s 4Jd; May, 9s 7gd. Spot trade is quiet. Australian, ex ship, 455. Flour is easier. Australian, ex store, 35s 3d. Oats are dull, peas quiet, and beans steady.

Messrs Dalgety and Co., Ltd., have received the following cablegram from London, dated November 7;—' Lamb.—The market for New Zealand lamb is dull and declining, and the demand is limited. Quotations are as fol* low:—New Zealand prime Canterbury North Island lamb, 28/361b, 73d; Canterbury lamb, 36/421b, 7id; North Island lamb, 36/421b, 7id; Canterbury lamb, second quality, 71d; North Island lamb, second quality, 7d; Canterbury lamb, 42/501b, 7gd. Mutton. —The market for New Zealand mutton is weak, and the demand is quiet. Quotations arc as follow:—New Zealand prime Canterbury mutton, 48/561b, 6id; North Island mutton, 48/561b, 6Jd; Canterbury ewes, 48/641b, 4sd; North Island ewes, 48/641b, 4Jd. Pork.—The market for New Zealand P® r k is firm. The demand has been checked by the increased prices asked. English porkers, 80/1001b, 12d; New Zealand porkers, 80/100Ib, lOd; New Zealand porkers 100/1201b, OJd. Australian Lamb.—The market for Australian lamb is very weak, and the deoo/ooiu 8 <P, 0 ? r ‘„ Australian lamb, 28/361b, BJd; 36/421b. 7Jd; F.A.Q., Australian lamb, 28/361b, 7id. Australian Mutton.—The market for mutton is weak, and the de-G-A.Q., Australian rantt° n ’ F -A.Q., Australian mut--30/551b, 4Jd; Australian ewes, 4d. . “I 16 Qtago Farmers' Co-operative Association has received the following cablegram from London:— Butter.—The market is rather weak, with easier prices. New Zealand, 174 sto 1765; stored. I7os to 1725. Cheese.—The market is slow. Coloured, 925; white, 935. Lamb.—The demand is poor, and the market weak. Mutton is neglected.