LONDON MARKETS

Sun (Auckland), Volume II, Issue 384, 19 June 1928, Page 12

LONDON MARKETS

HIGH COMMISSIONER’S CABLE Under date June 16 the High Commissioner for New Zealand cabled from London the following market resume:— Tallow: The market is quiet. Present spot quotations are: Mutton, fine, 42s to 42s 6d a cwt.; fair to good, 39s 6d to 41s 9d; dark to dull, 37s 6d to 38s. Beef: Sweet and or mixed, 40s 6d to 445; fair to good, 38s to 40s 6d; dark to dull, 37s to 37s 6d. Mixed: Fair to good, 39s 6d to 40s; dark to dull, 37s to 37s 6d. Gut, etc., 35s to 38s. Apples.—The Port Victor is discharging. The condition of the fruit is sound, but as in previous shipments large Sturmers are badly bruised. The strawberry season has begun and the apple trade is dull in consequence. London prices are: Statesman, 12s to 14s a case; Sturmer, 11s to 13s; Delicious, 10s to 12s 6d; Jonathan, 10s to 13s; Stark and Pioneer, 10s to 12s; Hoover, 10s to 11s. Hemp.—Manila: Production still in advance of consumption and market easy. The value of “J” grade for June-August shipment is £37. Sisal: Market very quiet. Sales reported of No. lat £35 and No. 2 at £33 10s, early shipment. New Zealand market very dull. Nominal values are: High points, £3l; fair, £2B ss; rejected, £26 ss. Tow, second grade, £2O; third grade, £l7 10s, June-July shipments. Stocks of New Zealand hemp in London on May 31 were 63 tons, against 55 tons at the same time last year. Wool.—The Bradford tops market is featureless, only small weights selling occasionally at somewhat shaded prices, but holders generally unwilling to make considerable reduction. Quotations are about unchanged.