THE LONDON MARKETS.

Wairarapa Age, 25 March 1924, Page 7

THE LONDON MARKETS.

HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram, March 22. from the High Commissioner:— BUTTER. Market not improving, and demand is not reviving with the lower prices. Official quotations are:— New Zealand. —Salted, finest 168s170s per cwt (Is 6d-ls 6Jd per lb). Exceptional, 172 s (Is 6Jd). Unsalted, 170s-174s (Is 6{-ls Old). Other qualities* 140s-166s (Is 3d-ls s|d). Australian. —Salted, finest 1565-160 s 160s (Is 4|d-ls s|d). Unsalted, 158s160s (Is sd-ls s]d). Exceptional 162 s (Is 5Jd). Argentine—l4os-144s (Is 3d-ls 3?.d). Exceptional .146 s (Is 33d). Other qualities 120s-138s (Is Id-ls 2fd). Danish.—Market very slow. 200s--204s (Is 93d). CHEESE. Fair business, but market quiet and tendency to weaken. English quiet, but firm. New Zealand in moderate request. Official quotations are:— English.—Finest farmers’ 140s-146s (Is 3d-ls 3jd). New Zealand.—Coloured 82s-84s (B|d-9d); white, 82s-83s (8|d); exceptional, 84s (9d). Shipments of New Zealand produce arrived this week per Port Victor, Rotorua, and Mamari. WOOL. Sale continue and offerings readily absorbed by Home and foreign buyers with slight rise in prices all round. FRUIT. | Demand continues and prices are considered good. Newton Pippin Apples 15s 6d-19s per case; Stayman’s Winesap 12s-15s, Spitzenbcrgl 14s 6d16s 6d. HONEY. Continental demand is good, and all grades under 50s per cwt have been cleared. Light amber grades brought lowest prices. Present quotations are: New Zealand 555-85 s per cwt, Californian 555-70 s, Jamaican 50s-655, Cuban 50s-60s, Hawaiian 47s 6d-60s.