LONDON MARKETS

Dominion, Volume 14, Issue 62, 7 December 1920, Page 10

LONDON MARKETS

HIGH COMMISSIONRR'S CABLED REPORT. Tlie Department, of Agriculture has received the following cablegram, dated December 4, from tho High Commissioner far New Zoaland. I-ondon-.— ".Moat.—English: .Supplies again small, but sufficient for moderate demand, and trade quiet. Average prioos are: Heol Is. id., mutton Is. Bd., lainl) Is. tlJd. per lb. Imported: Trade quiet, but stuady. "Cheese.—Government allotment only slowly applied for, trade preferring tn fill their requirements with free Canadian, which can be obtained at lower price, English slow; nu,demln inquiry l'or linest tanning "at .£7 10s. to JCO Gs. per cwt. (Is. 4d. to Is. Bd. per lb). Canadian dull, and easier I'cv lower quality; best steady. White, spot, .£7 Bs. to £1 lfis. per cwt. (Is. BJd. to Is. 4Jd. per lb'.); coloured, .47 IDs. to X 8 per Cwt. (Is. -ijd. to Is. Sd. per lb.). "Butter.—Government ration will be Increased to two onnc'-s per head from December G; no change in price. I'air arrival Dutch tills weok on Government account. U.S.A. market attractive to Denmark, with decline in exchange and in Denmark quotations tend to decline. Irish very irregular, creameries offered /;2i 10s. per cwt, (-Is. Ltd. per lb.). Prices aro declining. "Hemp.—Manila market continue!! dull. "J" grado now quoted .sellers OctoberDecember and November-January shipment;; .£59 per ton; December-l'ebru.iry and January-March, shipments -C 53 per ton; August-October shipment f-old up to .-CB3 per ton short sellers covering. New Zenland market idlo. Nominal quotations sellers, higlipoints, spot, .£54 per ton; December-January shipment .£sl 10s. per ton. Pair, .£52 and J?SO per ton respectively. "Wool.—Last Government sales this year open London December 7. In addition to Government ofForings. 27.G00 bales privately owned wool principally River Plate, Australian, and Cape Colony, anil including 303 bales New Zealand, will be offered for sale."