LONDON MARKETS.

Wairarapa Age, 16 March 1929, Page 7

LONDON MARKETS.

LATEST QUOTATIONS. I The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following advice from their London house, dated March 13, 1929:— Dairy Produce; last week’s quotations in parentheses).— Butter, N.Z. choicest salted, 168/- to 170/- per cwt. (170/-); market slow. Cheese: 88/- to 90/- per cwt (88/- to 90/-); market steady. Tallow. —We quote present c.i.f. and c. values for the following descriptions of tallow:—Fine mutton, 42/6 (42/9); mixed, 41/- (41/-). RABBITSKIN SALES Dalgety and Company report, London, March 1.4;- — Rabbit skin sales: Competition poor, heavy withdrawals. Furriers, 10 per cent, lower, mostly bought in. Pulling hatters, JO per cent, lower. Low grade batters, 15 per cent, low-er. WOOL SALES

’ Messrs Lovin and Co., Ltd., have received the following cable from their London agents, dated March 14, 1929: The auctions are proceeding with, great spirit at the level of the opening day. Catalogues are being well ©lieared with go-od competition from America for medium crossbred*. The following prices per lb. are current: Merino, super, 23d to 24d; average, 20d to 22d. Fine halfbred, super 56/58, 24d to 25d; average, 21d~to 23d. Medium half bred, supejr 50/56, 21d to 22d; average, 29£d to 20£d. Coarse halfbred, super 48/50, 19d to 194 d: average, 174 d to- 184 d. Fine crossbred, super 46/48, 17|d "to average, 164 d to Medium crossbred, super 44/46, 16d to 17d; average 15Jd to 16Ad. Coarse cross bred, super 40/44, 15d to 16d; average, to 15Jd. Low crossbred, super 36/40, 15d to 154 d; l4d to 14£-d. Pieces, 13jd to 154 d. Bellies, 13d to 14d. Locks, 9d to FROZEN MEAT Dalgety and Company report, London, March 14:— Lamb: New Zealand prime Canterbury lamb, 2S/361bs, 9 3-8 d; North Island, 28/36, 9d; Canterbury, 36/42, 9d; North Island, 36/42, Bfd; Canterbury, secondquality, Bsd; North Island, second quality, B|d; Canterbury, 42/50, 8 7-8 d; North Island, 42/50, B£d. Market weaker, demand, not improved by change in prices. Stocks accumulating. Mutton: New Zealand prime Canterbury mutton, 48/56, 6£d; North Island, 48/56, Canterbury, 56/64, 6 l-8d; » North Island, 56/64, 5 7-8 d; Canterbury, 64/72, s{d;North Island, 64/72, 5 l-8d; Canterbury ewes, 4.8/64, 4Jd; •North Island, 48/64, 4|d. Market weak, demand runs principally on light . weights. Australian lamb and mutton: Wo quote: G.A.Q. Australian lamb, 28/36. S£d; 36/42,8d; 28/36, 7|d; 3rd,. 7 3-Bd. Market for Australian iamb weak, demand limited. G.A.Q. Australian mutton, 40/60, 4 3-8 d; F.A.Q., 30/55,-4Jd: Australian owes, 4jd. Market for Australian mutton weak, poor demand.

Beef: New Zealand prime ox beef, hinds, sd; fores, 3 7-Bd. Argentine chilled hinds, 6Jd; fores, 41 d. Market for New Zealand beef unchangedj demand continues.

Pork: English porkers, 80/10Olbs, 12d; New Zealand porkers, 80/100, Bfd; 100/1201bs, 8d; baeoners, 120/ 1701bs* not quoted; 0/1701bs, not quoted.