London Markets.

Southland Times, Issue 16059, 10 June 1902, Page 3

London Markets.

tiONDON, June 8,

N.Z. mutton and lamb have declined oneeight of a penny per lb all round. River Plate crossbred or merino wefchers s heavy, 3d 11-16ths ; light, 3d 3-16ths. New Zealand beef, 180 to 220 lb, fair average quality, ox -Jforefli 4d perib ; binds, 4Jd. ■-'■ Wheat— An Australian cargo sold at 29s 6d per quarter. Consols are at 97. Theimports for May increased by £927,000, but thefixports decreased £505,000 compared with the previous May.

(Per United I*kess Association.)

Wellington, June 9. The Agent-General cables, | under date 7th inst :— "Dull sale for all qualities of mutton, and a further drop in prices seems imminent. The average price to-day for Canterbury is 4d Dunedin, Southland and W.M.E. Co, 3|d ; ot]ier North Island, 3£d. The lamb market is depressed, and stocks are aCCUfflUlating Tk© average price for Canterbury brand is 4|d ; other brands Ud. The beef market is weak : N.Z. hinds, 4|d ; fores, 3«d Butter is steady, but N.Z. supplies are finished. Danish 103s, Siberian 91s, Canadian 98s. The cheese market is dull and buyers are holding back expecting prices to go lower than 565. The hemp market is steady. Good fair Wellington, on spot, £35 ; June-Augußt shipments, £29 10s ; stock 384 tons, against 295 tons last year. Cocksfoot seed is firm, and buyers have been offering more freely: N.Z, 171 b standard, 495.