LONDON MARKETS

Sun (Auckland), Volume IV, Issue 1000, 17 June 1930, Page 11

LONDON MARKETS

HIGH COMMISSIONER’S CABLE The Department of Agriculture has received the following cablegram, dated June 14, from the High Commissioner for New Zealand in London: Tallow'.—No- auction this week. The market continues quiet, with no change in prices. Hemp.—Manila: The market is dull and easy'. “J” grade June-August shipment quoted, sellers, £24. Sisal: The market is dull and depressed. No. 1 fair average quality for June-August shipment sold at £26 5s and Julytfeptember shipment quoted, sellers. £26 10s. Mexican: It is reported that Co-operative have reduced the price by 6lf cents c.i.f., New York, equal to £3l 3s a ton. The reduction is considered inadequate compared with the prices of competing fibres and no sales have been made. Stocks are increasing and now amount to 39,000 tons and prospects are not encouraging. New Zealand: The market continues dull and no business is reported. Fruit.—Rangitiki and Zealandic almost clear and Port Fairy being sold. Granny Smith, 20s to 255; other apple prices unchanged. Pears: An improved market. Average prices are:—Winter (’ole, I.ls to 13s: Winter Nelis. 13s to 15s: 3Barry, 12s to 13s; Keiffers, 10s to 12s. Wool. —The Bradford market is quiet. Users of tops are well covered for immediate needs and are holding off. The market for forward buying is very quiet: 40’s, prepared, are steady at the last price quoted and others are id down.