LONDON MARKETS

Sun (Auckland), Volume III, Issue 656, 7 May 1929, Page 10

LONDON MARKETS

HiGH COMMISSIONER’S CABLE The Department of Agriculture has re- | r eived the following cablegram, dated May j 4, from the High Commissioner: — The spot market for tallow is very j quiet and only a little business is doing j for shipment. Present quotations fr.fr j spot are, per cwt: Mutton, fine, 42s 6d j to 435; fair to good, 40s to 425; dark to dull, 37s to 37s 6d. Beef, sweet and or mixed, 41s to 435; fair to good, SSs to 41s; dark to dull, 36s 6d to 37s 6d; mixed fair to good, SSs to 40s 6d; dark to dull, 36s 6d to 375; gut, etc., 35s 6d to 37s 3d. Fruit.—The Hororata is finishing discharging her apples, which generally are in good condition. Cox's Orange Pippin appear fairly free from pit, but some wasty Jonathans and Delicious are rather poor in colour, as in previous boats. Slack packing caused complaints. Peats: Cornice in boxes are marked and cruised, and all are being repacked. Other sorts are sound, except Beurre Bose, in which there is a little waste. Prices were: Cox’s Orange Pippin, 15s to 20s a case; Jonathans, Delicious and Cleopatra, 13s to 16s; Lord Wolsey and Dunn’s Favourite, 12s to 15s; Adams, Permain and Purlin Beauty, 12s to 14s. Comice pears: A few were sold at 10s to 13s, single trays, 13s to 16s double; Packham. 6s to 6s 6d single trays; Beurre Bose, 6s to 7s Gd single; Y'icar of Wakefield, 3s 6d single, 6s double. Hemp.—The Manila market is steady. “J” grade, May-July shipment, is quoted at £36 10s sellers. The sisal market has declined. No. 1 fair average quality sold at £36 10s; No. 2, £35 10s. with sellers over. The New Zealand market is dull and idle. Nominal closing comparative values were: Highpoints, £32 10s; fair, £3O 10s; common, £29; rejected, £27. Tow, second grade, £2l; third grade, £IS. Wool.—The sales continue, with competition active. The opening rates were maintained for medium crossbred and coarse crossbred, but there were many withdrawals in the finer grades. Oats.—The market is quiet. English choice white feed is worth about 30s. Plate for May shipment is offered at 235. Chilian afloat is worth 235. Nominal value for New Zealand A grade Gar tons for May shipment is 30s 6d. Peas.—There is a little better demand for maple. Sales are reported of No. 1 New Zealand partridge for May-June shipment to Lyttelton at 60s. Sellers now ask 63 s without business. Blues: Dutch is plentiful and there is no inquiry for colonial. A grade Tasmanian afloat is offered at £lB. Beans.—Very few English are available, the best winter sorts making up to 545; spring, 57s 6d. Chinese horse was sold for .Tuly-September shipment at £9 15s to Glasgow. Danish cocksfoot stocks are reported to be very small. The present value, c.i.f. New Zealand, is 755.