LONDON MARKET REPORT

Wanganui Chronicle, Volume LXXXI, Issue 18786, 21 May 1923, Page 8

LONDON MARKET REPORT

Received May 18, 8.5 p.m. LONDON, May 17. Wheat cargoes are firm in sympathy with the American advance, but 1 buyers are slow in responding; quotation occasionally 3d to Sd dearer. Parcels firm, at. full late rates; New Zealand, May to June shipment, quoted at 46s 6d. Nominal spot trade is dull. Australian ex store, nominally 54s 6d. Flour.—Steady, unchanged. Oats.—Firm. A grade Gartons, on spot, 37s 6d to 38s 6d . Barley.—Quiet, Australian Chevalievon spot, 40s to 465; New Zealand malting. 42s to 465. Peas. Firmer. New Zealand maples, on spot, 100 s to 102 s 6d, May shipment, 74s 6d; blueson spot, 320 s ;o 3405. Beans.—New Zealand, on spot. 50s to 525. Sugar.—Unchanged. Chilled Beef.— Argentine, fores. 3d; Linds. 6-ld. I ruguayan fores, 2 5-Hd • hinds. .>’d. Cither meats unchanged. COTTON, RUBBER. JUTE, ETC. Received Mav 19. 5 p.m. LONDON. May IS Cotton.—Liverpool quotation. America u Middlin Upland, June delivery, 73.SQd per lb. Rubber.— Fine hard para. l-l|d per lb; plantation, first latex crepe, -id; smoked ribbed sheet. 13 7-Sd. J tile. -Native fir<-t marks, June shipment. .£27 5s pec ton. New Zealand Hemp.—None offering. Copra. South Sea, bagged. AprilMay shipment, £27 3s 6d per ton. Linseed Oil. —£47 per ton ; equals, 3s 9 l-8d per pallon. Turps.—ll6s 6d cwt; equals 8s 9A cl {MU' gallon. BUTTER AND CHEESE. Dalgety and Company. Ltd., reooit Laving received the following cablegram from their London house under date of 17th inst.:—Butter.—Market weak. We quote! N.Z. salted, 142 s (1445); Australian i G.A.Q.. 130 s ,1345): Danish, i-’6s! (158 s finest Australian salted, 13Ss (140 s unsalted. 140 s (1.405). Last week’s quotations are given in paicnthesis). Cheese.— Market dull ; white colourcd. 90s (975), (98s); Canadian prices, c.i.f.. 86s (9Ls). Last week’s quotations are given in parenthesis. Total imports of butter into the I nited Kingdom for the month of April. 427,000 cwt, as compared with 369,000 cwt. fur corresponding month last year. FROZEN MEAT. Dalgety and Co.. Ltd., report having received the following cablegram srom their London house under date of 17th inst. : Quotation N.Z. prime crossbred lamb. —Canterbury: Heavy, lOd; light, 10« d. North Island: Heavy. 9jd; light, 9£d. Demand for N.Z lamb better, any change in prices is in favour of sei lei’s. N.Z. Prime Crossbred Alutton.— Canterbury: Heavy, s£d; light, fd. North Island: Jlea.vy, sd; light, 77d. Demand for N.Z. mutton runs principally on light weights; market is dull, but sellers are firm. N.Z. Prime Ox Beef.—Hinds, 4£d; fores, 3|d. Demand for N.Z. beef is nil, prices nominal. G.A.Q. Crossbred Lamb.—Australian; Heavy, 8d: light, B£d. Mutton: Heavy, 4}d; light, 4 7-8 d Demand tor Australian lamb fair: demand for Australian mutton runs principally on light weights. Fair demand for N.Z. and Australian mutton and lamb. Demand for lamb running chiefly on low and medium grades LEVIN AND CO., LTD. Messrs Levin and Co., Ltd., have received the following cable from their London agents, dated 16th May, 1923: —As compared with last week’s advices the market has a better tendency, although prices are unchanged. There is an all-round better demand.