NEW ZEALAND PRODUCE IN LONDON.

Otago Witness, Issue 2391, 28 December 1899, Page 7

NEW ZEALAND PRODUCE IN LONDON.

CFnou Otjb Own Correspondent.) LONDON, November 10.

This week quietness has been, the chief characteristic of the London r.-00l market, the firm attitude adopted by holders preventing any important transactions. Messrs Balme and Co. report that the situation in both the Home and foreign consuming centres is one-of great and increasing strength, the scarcity of fine wool and the prospective deficiency during the coming season becoming daily more apparent. The arrivals to date for the sixth series of wool sales now "total 71,485 bales, 53,903 coming from New Zealand and Australia. About 4000 bales from these colonies have been forwarded direct to manufacturing districts.

XEW ZEALAND MEAT.

Respecting the colonial meat market there is little to report this week. Tho C.C. and D. Company write that tho Papanui brought 55.310 carcases of mutton from New Zealand. The Aotea and Star of New Zealand are getting very slow discharge, retarded to a great extent by inability of consignees to find storage accommodation; all the stores either are full or else have their space engaged for consignments in dock or near at hand Trade is said to have been bad, and deliveries comparatively small. Prices are low, best Canterbury mutton having been cleared at 3d to 3£d per lb. North Island mutton 2Jd, and Dunedin and Southland at from the same price to a fraction hieher. " To a market already glutted with former shipment 1 ?," the Papanui brings 9412 carcases of New Zealand lamb. There is almost an ab-3Pr.ce of demand, and low valnes alone tempt the few buyers who are still able to dispose of lambs. Sales of best quality lamb from Canterbury have been effected at ."Hd to 3Jd per lb. Those from the North Island realise 3d to 3Jd

per lb. The Papanui brought 1172 quarters of New Zealand beef. Very little trade is doing in frozen beef owing to tho large supplies of American chilled beef.

Mr Reid, ex-Premier of New South "Wales, is a passenger by the Mokoia from Melbourne for. New Zealand.