London Markets.

Southland Times, Issue 19722, 24 January 1906, Page 3

London Markets.

Per United Press Association. WE Li. I Nil TON, Jan. 23. Tl:o High Commissioner cables us fob lowt : The mutton market is a shr.de weaker, competition among Ptvcr Plato holders nlTecling the market very seriously. The average price to-day for Canterbury mutton is -ljd per Ih (in very limited supply), North Island mutton 3Jd (supply meets the demand). The land) market is very quiet and nothing is doing in this season’s lamb, The average price to-day for Canterbury Brand is fid per It). The I oof market is very dull. Stocks of New Zealand are light, hut supplies of Argentine aie increasing. Ki\er Plate hinds 3}d per lb, fores 3d. The butter market has declined, there being less demand and buyers are holding hack expecting prices to go lower. Choicest New Zealand is worth Ills per cwt. Danish I IPs, Australian Ills, Siberian Dips, The cheese market is quiet hut holders are linn. The market prosuerts are uncertain. The present quotalion is Ills per cwt. The hemp market is linn, with an upward tentV’ncy. There is general and active demand in distant deliveries. Reports from Manilla indicate light shipments from there. “ Cood lair ‘Wellington " on spot is worth L 32 It's ; Manila CPU! per tonThe cocksfoot seed .market is tirm. the average price for bright cler.n New Zealand seed, 17lh per bushel, on spot is a3s. A few enquiries arc being made by speculate.ve buyers for seed.