London Markets

Feilding Star, Volume XV, Issue 80, 2 October 1893, Page 2

London Markets

(PEB PBESS ASSOCIATION.) Londov, Sept. 29. The meat importers have resolved to endeavour to minimise tho competition. They suggest that the shipments should be reduced, in order to prevent a glut. City men highly commend the financial proposals of the Premier of New South Wales. Tenders for the loan will close on Thursday, and the final instalment of 25 per cent will be payable on the 22nd January. Six months' interest will be paid on the Ist January. The loan is favourably received on the Exchange, and is already at premium. New Zealand mutton, first quality, 3/, d; second, 3gd. Lamb, first quality, B\\d. Of beef there is none in the market. The wool market shows an improvement, and medium sorts maintain their value. Their is a brisk demand for all descriptions except good sorts. Danish butter, 1245. The Oceana's and Riinutaka's last season's butter is quoted at 100s to 108s. The hares consigned by the Mamari are unsaleable, prices being too low. Tbe New Zealand Land Association (Limited) lias received from its London office the following cable, dated 29th ult. : — Frozen Meat — Quotations for frozen mutton are unchanged since last telegram. Prime New Zealand lamb is worth 3fd per lb per carcase, stocks light. Tallow— The tallow market is firm, and fine mutton tallow is worth 29s 6d per cirt ; good beef do. is worth 28s 3d per cwt.