LONDON MARKETS

Dominion, Volume 13, Issue 10, 7 October 1919, Page 10

LONDON MARKETS

The Department of Agriculture, Industries. and Commerce has received (he following cablesrrsxin. dated October 4, from the High Commissioner for New Zealand. London :—"il>at.—Wholesale maximum prices nro now increased from October G. . Beef: Pores and hinds respectively, English Is. Hd., Is. f}d., imported l(Md., Is. lid; mutton and 'imb: English Is. 3J., imported 'Is. 03d.; porlc, English "Is. 4d.. imported Is. 2Jd.; veal': JJmrlish 10' d., imported 8?d.

"Hemp—Market is quiet, and small ' business doing on account of strike, .jlanila' "J" praties have been sold for ,£49 103.; Hiehpoinh, Ml-, fair. .€45 I'a , In .filf!. All October ami December RV-niP-t*."

The Bank of New Zealand has iwiv. Ed Hi" following ad vie from its london office, under (late October .I:—"The. pales 'have closed firm for all binds of wool. There is an active demand by Continental buyers, but. homo buyers are quiet. The demand for coarse crossbreds is slow. Prices for practically nil descriptions are 5 per cent, hisher compared with opening of this series.'' Messrs. Dalpetv and Company', J.M., are in receipt of ?. cablegram' from tn;ir London bouse, under date of October 1. leading as follows .—"Wool sales closed verv firm. The market was very animated. with most wools sellirc at t'ie highest rates of the season. The total net onantitv available amounted to 139.000 bales! if which were sold to America lO.flflO bales, for home consumption 35.0f!0 bales, to the Continent 80.000. and 4000 were carried forward. A.s compnml with last siile'.s closing rates, merino wools were from 10 per cent, to 15 per cent, higher fine crossbreds 11 per ce" I '. bisher. medium crossbred* 10 per ent. higher, and coarse c.rossbrods 5 per cent, higher. Any chwige in price of shnbby crossbred wools is in favour of sellers. 'Hii next series commence on October 20."