LONDON MARKETS

Sun (Auckland), Volume 1, Issue 13, 6 April 1927, Page 2

LONDON MARKETS

HIGH COMMISSIONER’S REPORT BUTTER AND CHEESE STEADY The Department of Agrieultnr., v received the following cablegram a has for'Ltv Zealand? Butter.—The market is steady • quotations are:— u - v< Official i?tf land ’~“ :Pinest salted: Aorii • la2s to lo4s per cwt; March ’6 VTa * 1545. Unsalted: April 2, 160 s tn March 26, 160 sto 1625. Other April 2,140 s to 14Ss. Qualuiest Australian.—Salted: April *» Id4s per cwt; March 26, 150 s to‘ls4s l- t 0 salted; April 2,156 s to 1625111 s llls to »: other Clitics: YprV- 6 : Argentine.—Unsalted: April ■> 156 s per cwt; March 26, 148s' in f.. to Other qualities; April 2,144 s to]s,\:' £ - Danish —April 2, lS2s to lS4s March 26, 1 1 8 sto ISOs. per Cheese.—The market is steady Offing quotations are:— y racial English.—Finest farmers’: March I "Can t adia‘'n S —Flnesr coloured B and wSte' t£?"to\eT to 34s per ™ h, £; New Zealand.—Coloured: April ' to 7Ss per cwt. White: April 2 'J® 7Ss. Other qualities; April 2, 7E.s pi? Estimated cheese stocks on April i London, Liverpool and Bristol: Canadian and American, 36,800 boxes; New •land and Australian. 144,250 cr against 48,700 and 74.500 same time last Tallow —The market is more active ana demand is good at auction. Official quo tations are:—Mutton: Fine, 37s perewrfair to good, 35s to 36s 6d: dark to dull 33s to 34s 6d. Beef: Sweet and or mixed, 37s to 40s; fair to good. rh to 375: dark to dull. 32s to 32s 6d. Mixed Fair to good, 34s to 36s 6d; dark to dull 32s to 33s 6d. Gut, etc: 30s to 32s 6d ’ Eggs.—Supplies checked by low prices and markets have firmer tone. Presen" quotations are:—Danish, 13s 6d per lone 100; English and Dutch, 11s to 12s rhBelgian, 10s 6d to 11s; Polish, 7s 6d to Ss 6d. Oats.—The market is quiet. Best English White Seeding selling at 2Ss to 30s. Little more interest in Plate. Spot quoted at* 245. April shipments, 35s 6d Nominal value “A” grade, New Zealand Garton, 295, ex stores. Peas.—Maple: Supplies and stocks of Tasmanian and New Zealand very small. Forward shipments quiet; trade business reported early this week. New Zealand May shipments, 735; nominal value, Tasmanian March-April shipments, Sss. Cocksfoot.—Danish extremely quiet. Offers for 1926 crop difficult to obtain, but price of 90 per cent, to 95 per cent, would be about 71s. Hemp.—The Manila market is dull and easier. “J” grade April-June shipments sold at £4l. The Sisal market is dull, with small demand for afloat. Values: No. 1, April-June shipments, £36 10s: and No. 2, £33 15s. The New Zealand market is quiet, with a downward tendency. Nominal values, afloat, £35 to £35 10s for Highpoints; April-June shipments. £34 10s; and fair, £33 10s. Wool. —The sales closed yesterday. The attendance was large, and fully representative throughout, and competition was sustained. Merino maintained an initial advance, crossbred also until third week, when soma irregularity developed. At the close, fine crossbred, par to 5 per cent., and others 5 per cent, above closing rates last series. Sales: Colonial, I*>4 500, of which 66.000 for export, including 4,000 United States America. Average closing values are;—64’s (Merino), super 2s to 2s 3d per lb; average. Is 6d to Is 10*d; 56’s (super halfbred). Is 9Jd to 50’s, Is 7d to Is 9d; 48’s to 50 s (fine crossbred), Is 4id to Is «i d - '° (medium crossbred). Is 3d to Is 4d. 36 s to 40’s (coarse crossbred), Is -d to Is 3d. The next sales will take place on May 3.

PROPERTY SALES

ACTION FOR COMMISSION PLAINTIFF NONSUITED Alleging that the defendant had failed to comply with the terms of an agreement between the parties to pa: commission on the sale of certain properties, George John Howard Andrews (Mr. R. A. Singer) claimed £23- 11s 8d from Clive Xettleton. land agent, Auckland (Mr. G. P. Finlay) before Mr. Justice Stringer in the Supreme Court this morning. It was stated that the plaintiff had disposed of several properties on behalf of the defendant and that the one-third commission agreed upon had not been paid. It was alleged for the defence that the people who had made the offers for the properties had later withdrawn same owing to the misrepresentations of the plaintiff. , . ...- After the evidence for the plaintin, Mr. Finlay moved for a nonsuit on a. legal ground, his Honour making the order as applied for.