LONDON MARKETS

Wanganui Chronicle, Volume 72, Issue 197, 20 August 1929, Page 9

LONDON MARKETS

HIGH COMMISSIONER’S ADVICE The Department of Agriculture has received the following cablegram, elated Aug. 17, from the High Commissioner lor New Zealand, London: —

11 Tallow; Fair demand at auction but market now quiet. Present quotations for spot are: — “Mutton: Fine 4.1 s to 41s 6d per cwt; fair to good 38s to 40s; dark to dull 36s to 375. “Beef: Sweet and or. mixed 39s 6d to 435; fair to good 37s to 39s 6d; dark to dull 35s ' to 36s 6d. “Mixed: Fair to good 37s to 395; dark to dull 35s 6d io 36s 6d. “Gut, etc: 34s to 36s 6d. “Apples: Market flat with scarcely any demand this week. Les.' than hail oF Fort Nicholson consignment sold yet. Large quantities of English apples and otifcr English and Continental fruits now arriving and selling cheaply. Current prices for N.Z. are: Stunner Pippin 10s to 16s per case. Bo.kewood and Dougherty 12s to 18s per case. Indications point to lower prices later on. “Eggs: Market quiet but steady. Present quotations are: English 15s to 22s per long 100; Dutch, Danish and French 12s to 17s 6d; Belgian 14s to 14s 6d; Polish 9s 9d to Ils 3d. “Hemp: Manila market easier owing to adjustments. Statistics show large increase in stocks. Closing values for “J” grade September/ November shipments £3B 10s. Sisal; Market quiet. Value No. 1 good marks £4l 10s; No. 2 £4O to £4O ss. New Zealand: Continued enquiry for Highpoints but shippers unable to offer on account of lack of supplies. Buyers show no disposition to operate in lower grades at prices asked. Comparath closing values are: Highpoints £35; Fair £32; Common £3O 10s. Tow second grade £22; third grade £l7 15s«

“Wool: Bradford mills are shut down on account of annual holidays and trade quiet. Present quotations for tops are: 64’s Warp 3s 2d per lb.; 56’s average 31s Id per lb.; 50’s prepared 2s id per lb.; 40’s prepared Is 9d per lb.