COMMERCIAL.

Poverty Bay Herald, Volume XLIX, Issue 16213, 25 August 1923, Page 5

COMMERCIAL.

THE LONDON MARKETS.

JElec. Tet Copyr!gh(H-UnUed i Press Assn,} (Australian and "N.Z/ Table! Association,) ~c(. . LONDON,, August 23./ The Bradford- wool "market has "a slightly better, tone, ' but::littleactual 'brisiness-' '* ; is< passing. ?'••*'Quotations ate - nominal and unchanged. *.' The butter market is firm and tartly active, but business is chiefly speculative. New Zealand ehoicest-in quoted at 180s,'Australian 172 sto 1745! Little of: the choicest is available. Secondaries are quoted;,at.about 160 s, Danish 180 s ( to ; 182& ~'■'• ■' ■ - .;Jj" .--v Siberian Abutter in arriving; about 5000'casks- weekly are expected. The total arrivals for the season are estimated , atabout-50,000. '•' ' i; • ."-.- ;; Cheese: New Zealand shipments v ire now landing from delayed vessels. Excellent quality is realising 108 s to 110 s, ' with a good, demand, as the*Canadian ' cheese, similarly delayed, suffered from heat.

MELBOURNE, August 24.

At the hides sale competition in the general market ,was keen, but values were unchanged compared with' previous rates.

LONDON FROZEN MEAT MARKET.

Messrs Dalsrety and co., Ltd., have received the following cable from their London office:—Quotations: N.Z. prime crossbred'lamb, Canterbury, heavy 10? d, light ll|d; North"; Island, heavy 10d, light 10id. Demand for N.Z. lamb runs principally .on finest qualities. N.Z, 'prime crossbred mutton, Canterbury; heavy light, Bfd; North Island, heavy 71d,Hilht aid; Demand for NiZ. mutton continues. .'N.Z. prime ox beef, hinds 4d, fores 3d. Demand for SST.Z. beef nil. Market for N.Z. lamb, any change of prices is in favor of buyers. Market for N.Z.. mutton,, firm. Market for N.Z. beef, nominal. ■'

The discharge of steameiV is progress, ing rapidly, and the generar opinion is that prices will recedvo a temporary set . back. We report' lamb sales this week, - ex. ship, 5000 carcases at--10fd peY lb. No forward"'pales are reported. Frozen beef is. practically unsaleable owing to largo supplies of chilled beef beinor sold at extremely low prices. : ' Beef;* The market is stagnant owinar.tio cheap prices being accepted for corned beef, and inferior cut chilled beef. There are buyers for consignments of mutton afloat or for j forward' shipment. '

Messrs Dalgety and Company, Ltd., have received the" following "cable from their hood office, London, dated August 23rd: —Butter: The butter mar Vet is, quiet : but"'firm. "We dubfe N.Zrbiitter MledU 178 s, Danish 180 s, finest.A>'stralian (sfllied) 170 s, finest. /Australian (uhsaltedV. 3705, Australian ; Kood"'average \ quality Cbee^e: 1 The .Imarkel ,a*s "fiwn. \W% quote NiZ& ■wWte'vllOs, N.Z, 'colored 106sr Canadian'llos-c.i.f.,