COMMERCIAL.

Otaki Mail, Volume XXVIII, 6 October 1920, Page 4

COMMERCIAL.

LONDON MARKETS. tttgtt COMMISSIONER’S CABLED REPORT. The Department'of Agriculture has received the following cablegram, dated October 2, from the High Commissioner for New Zealand, London:— Meat. —English, demand is good foi best quality. Average prices are:— Beef, Is 3}d; mutton, Is t'd; lamb, 1 llbl, but- best -quality mutton an-' lamb is as much as Is lOd, 2s 2d, re* spec lively. No change .in price for in: ported meat. Demand is good tor No---Zealand mutton and lamb nt-maximu prices; demand is slow for New Z-eu land beef.

Butter^ —Average price English' is £22 11s; Irish, very small supply, £22 Ms, £2-1. Price Government butter in creased as from October 4, £l6 16s wholesale and 3.s 4d retail. Cheese, —Demand is slow for lv g lislt at £8 465, £0 6s; Canadian, on spot, sales slow at £7 18s, £-3 2s for white, £8 3s. £8 tis coloured. Quo: ~ fions, c.i.f., arc £x 2s, £8 3s, but small business doing. Bump.—Manila market quiet aw! steady tit last quotations. ’CI” grad'. August October shipment, sold £6!) Ms. New Zealand market dull, no transactions reported, sellers asking up ,o Ej.i for high points, spot, £63 fait: August-Octobcr shipment, £6l. £6l, respect ivelv. Honey.—-Market quiet. Small piivate sales have been made this week of line quality at 1 nos: inferior grade is not in demand. Nominal value is 80s, inis. Wool sale- have closed. Attcndnt throughout only moderate and eompe tit ion hesitating. Only about one-ha::' of catalogued qunotit ies sold ami ; e - deucy has In low awards. Average closing value New Zealand wools:6o’s. Hi's. 2s id to .'is 2d: 50V, 56C. 2s to 2s it'd: M's. Is Sd to Is Hid: .14 -V. 46V. Is «d to Is Sd; 36 V. -Ill’s. 13d to Is 6d, nominul. Next series open October 26.