LONDON MARKETS.

Feilding Star, Volume XVIII, Issue 271, 21 May 1897, Page 2

LONDON MARKETS.

(Per Press Association.l LoxnoN, May 19. Tbc total quantity of wheat and ilour afloat for the United Kingdom is 1,500, 000 quarters, aud for the Continent 710,000 quarters. The American visible wheat supply is estimated at 42,480,000 bushels. Wool is very firm. The purchasing on behalf of Continental inanulac'urers is more active. Tallow—Mutton, fine, 18s M ; mftdiurn 17s ; beef, iiuc, 17s 9d ; medium, 16s 6d. Shares in the Natioti'il Bank of New Zealand are quoted at lij, Bank of New Zealand four per cent guaranteed stock (ex interest) 10^1. and New Zealand Loan and Sltrc.iutilc Agency Company four per cent prior lien debentures 90. Mr Wincliconibe, of Wincbcoinbe, Carson and Co., Sydney, who has recently visited the wool centres of Belgium, France, aud Germany, liDds stocks in users' bauds very light; consequently, he expects there will be an increase iu the Continental demand for colonial wools at the fifth .series of sales to be held in September. Nafieu, May 20. The Colonial Consignment and Distributiug Company cabled to Nelson Brothers to day as follows: - Since our last report prices in the frozen meat i market have declined. To-day's quo- . tations are:-Best Canterbury mutton, i 3.{d per lb; do Dunediu, 3d; Napier and North Island, 2?,d. \ Messrs Levin and Co., Limited, have received the following cable message, dated the 17th of May, from their London agents, Messrs Dalgety and Co., Limited : —The wool market is strong, . with an upward tendency. The sales , will close on May 22nd. : Following is a copy of a London mar« j kct cablegram received by the New Zealand Loan and Mercantile Agency Company (Limited): —Frozen meat— , Mutton market weaker; Canterbury ■ mutton is worth 3jjd per lb; Wellington , mutton is worth 3d per lb; prime New , Zealand lambs are worth 3?d per lb. [ Tallow —Fine mutton tallow is neglected | The market bas a downward tendency. Messrs Murray, Roberts and Co. have ', received the following wool market cablegram from their London House, Messrs Sanderson, Murray and Co., ; dated 17th May, 1897 :—The market is stronger for merino wools.