LONDON MARKETS.

Feilding Star, Volume X, Issue 44, 20 September 1888, Page 3

LONDON MARKETS.

We give a comparison of prices for ' New Zealand produce in London ; for the years 1887 and 88. The figures speak for themselves, and require no comment: : — Sept., 1887— Wheat quoted at 30s to 31s 6d Sept., 1888— „ „ 40s to 41s 6d Sept., 1887— Frozen mutton quoted at Bfd' tf 4£d Sept., 1888— „ „ 4|d to Hd Sept., 1887— Tallow — mutton 22s to 23s 6d Sept., 1887— „ beef 21s to 22s Sept., 1888— „ mutton 25s to 27s j Sept., 1888— „ beef 24s to 26s —Herald. ( The following private telegram dated London September 12th, was , received in Christchurch on Thursday: j— " The best, of your shipment of New Zealand mutton is worth to-day 6£d per lb. The Christchurch Press hears i of large sales of frozen meat in Wei lington at 2£d per lb, frozen and in bags, free on board. The following is an extract from the report of Nelson Bros, limited, dated August llth: -New Zealaud mutton is selling to-day at s^d to 5Jd per lb ; at the same time, Continental ewes can be had at s£d per lb, but the best. of the German sheep are making 6d to 6£d per lb. The provincial sales have been affected bythe higher rates, many buyers being forced to bny Plates and inferior Home-killed to enable them to retain their low retail quotations. It is satisfactory to compare present prices with the rates obtained at this season last year, when 4d per lb was the highest price given for New Zealand mutton. New Zealand is almost out of stock. Nearly all the recent supplies have been heavy weights, but values have been well maintained at 6d to 6£d per lb. New Zealand beef is very difficult to move, owing to the low prices ruling for American refrigerated, but stocks are carefully handled, so that recent shipments should do well. Holders are asking 4£d to s£d per lb for hinds, and 3d to 3£d for fores. By Electric Telegraph.— Copyright. IPBB1 PBB UNITBD PBESS ASSOCIATION, i ■'SA . v London, September 19. , - The American visible supply of wheat is 31,375,000 bushels. ' ' The total quantity of "■' wheat and flour, afloat for the United. Kingdom is .2,320,000 quarters, and for the Continent 752,000 quarters. The wheat market is quieter. An off-coast cargo has been sold at fiom 36s 6d to 40s. Australian flour, 25s 6d to 265. Leather, 9£d to lOd for best sides. Owing to the inadequate harvest it 'js considered probable that Fratiee will s ußpend the operation of the import duty on •ereals.