LONDON MARKETS.

Taranaki Daily News, 27 May 1921, Page 8

LONDON MARKETS.

HIGH COMMISSIONER’S CABLED REPORT. The Department of Agriculture has received the following cablegram, dated May 21, from the High Commissioner for New Zealand, London: —• ( i MEAT.. ’ i No material change in market. Owing to fullness of stores and slow discharge of steamers, only moderate quantity of New Zealand meat available. New Zealand mutton, wethers, new season, May 21, 8d to 9d; May 13, 8d to 9d; May 7,8 d to 9d. New Zealand mutton, wethers from America, May 21, 6%d to Bd. New Zealand mutton, ewes. May 21, 7%d to 8d; May 13, 7%d; May 7, 7%d. New Zealand lamb, good demand. May 21, Is 2%d to Is 3d; May 13, Is Id to Is May 7, Is 2%d. New Zealand lamb, from America, Ma.y 21, ls Id; May 7, Is o%d to. Is Id. Forward buyers cautious owing to stocks held by Government. Beef, chilled, fores, May 21, sd; May 13, 4%d to lOd; May 7,5 d to ll%d. Beef, chilled hinds, May 21, 9y 2 d; May 13, lOd; May 7, liy 2 d. New Zealand beef, ox, first-class quality, fores, May 21, 4d; May 7, to sd. New Zealand beef, ox, first-clas quality, hinds, 21, 6d to 7d; May 7,6 d to 7d (difficult to sell). New Zealand beef, cow, no demand; sale has been made as low as 3%d per lb for sides.

Retail meat prices are as follow:—Mutton, English, May 21, legs, 2s 7d; May 13, loins 3s; May 7, shoulders, 2s 5d per lb. Mutton, imported, May 21, legs, Is 5d per lb; May 13, loins, Is 4d; May 7, shoulders, Is 2%d per lb. Lamb, English, May 21, legs, 2s lOd; May 13, loins, 3s 3d; May 7, shoulders, 2s 8d per lb. Lamb, imported, May 21, legs. Is 9d; May 13, loins, Is 8d; May 7, shoulders, Is 8d per lb. Beef, English, May 21, sirloin, 2s 4d; May 13, ribs, 2s 3d; May 7, steak, 3s 4d per lb. Beef, imported, May 21, sirloin Is 4d; May 13, ribs, Is 4d; Mr.y 7, steak, 2s per lb. The above quotations are not exclusively for New Zealand meat, but in some cases apply to all imported meat. BUTTER.

Good inquiry for finest quality. New Zealand, May 21, 192 s to 196 s per cwt. (Is B*%d to Is 9%d per lb) ; May 13, 194 s to 196 s per cwt. (Is B%d to Is 9d per lb) ; May 7, 196 s to 198 s per cwt. (Is 9d to Is per lb). Australian, May 21, 182 s to 190 s per cwt. (Is 7y 2 d to Is SVid per lb) ; May 13, 18gs to 190 s per cwt. (Is 7%d to Is per !b) ; May 7,190 s to 194 s per cwt. (Is to Js B%d per lb). Argentine, May 21, 160 s Id J64s per cwt. (Is 5%d to Is 5%d per lb) ; May 13, 160 s to 170 s per cwt. (Is 5 J 4d to Is 6*4d per lb) ; Maj’ 7,170 s to 174 s per cwt. (is 6%d to Is 6%d per lb). Danish, May 21, 208 s to 212 s per cwt. (Is 10M,d to Is 10%d per lb) ; May 13, 192 s to 198 s per cwt. (Is B%d to Is 9%d per lb) ; May 7,190 s to 200 s per cwt. (Is to Is 9%d per lb). ' Irish (salted), May 21, 180 s to 186 s per cwt. (Is 7|4d to Is 7%d per Ito) ; May 13, 180 s to 1900 per cwt. (Is 7 1 %,d to is 8&d per lb). Irish (unsalted). May 21, 186 s to 192 s per cwt (Ls 7%d to is B%d per lb) ; May 13, 184 s Lo 195 s per cwt. (Is 7%d to Is 9d per lb). Government price of butter, ex stole, May 20 to 26; New Zealand, 192 s per cwt. (is B%d per lb) ; Australian, 186 s per cwt. (Is 7%d per lb); Argentine, 160 s per cwt. (Is s&d per lb).

i CHEESE. Market irregular and unsettled. Canadian, White, May 21, no quotations; May 13, no quotations; May 7, 1 158 s per cwt. (Is 4%d per lb). Colored, May 21, 140 s to 142 s per cwt. (Is 3d to ls 3’Ad per lb) ; May 13, no quotations; May 7, no quotations. New Zealand, white, May 21, 130 s to 138 s per cwt, (Is 2d to Is 2%d per lb) ; Maj’ 13, 138 s to 140 s per cwt. (Is 2%d to Is 3d per lb) ; May 7, 138 s to 144 s per cwt. (ls 2%d to Is 3%d per lb). Colored, Maj’ 21, 146 s to 152 s per cwt. (Is 3%d to Is per lb) ; May 13, 154 s to 158 s per cwt. (Is 4%d to Is 4%d per lb) ; Myy 7,156 s to 162 s per cwt. (Is 4%d to Is 5%d per lb). Australian, white, May 21, no quotations; Slay 13, 134 s to 138 s per cwt. (Is 2y f d to ls 2%d per lb) ; May 7,136 s to 138 s per ewf, (Is 2y»d to Is 2%d per Ibf. Colored, May 21, 142 s to 148 s per cwt. (Is 3*4d to Is 3%d per lb) ; May 13, 150 s to 154 s per cwt, (Is 4d to Is 4y»d per lb) ; May 7, 154 s to 158 s (Is 4!£d to is 4%d per lb). CASEIN. Market continues weak; quotations nominally unchanged. HEMP. Manila market is dull and depressed. Sellers quote "J” grade, Febru«ry-Apr ; l shipment, £42; May-July shipment, £39 per ton. New Zealand market very weak, and nothing doing. Quotations nominallj’ unchanged. WOOL. Bradford more tone to the market this week, and it iS anticipated position will improve as soon as coal strike and wages ad’ justment have been settled. Present quotations for tops are:—64's (merino), May 21, 3s 6d; April 30, 3s 2d; April 23, 3s. 56’s (half-bred), Maj- 21, 2s 4y>d; April 30, 2s 4d; 'April 23, 2s 3d. 40’s (coarse crossbred), May 21, Is Id; April 30s, Is o%d; April 235, Is.