LONDON MARKETS.

Taranaki Daily News, 2 June 1921, Page 3

LONDON MARKETS.

HIGH COMMISSIONER’S CABLED REPORT. The Department of Agriculture has received the following cablegram, dated May 28, from the High Commissioner for New Zealand, London : MEAT® Market not much changed. New Zealand lamb firm, new season’s 2’s and B’s, Canterbury, May 28, Is 2%d; May 21, 2s 2%d, Is 3'l; May 13, Is Id, Is 2*&d. Best Xorth Island, May 28, Is 2d. Ex Apieriea, Maj 28, Is Id; Muy 21, Is Id. New Zealand mutton unsettled, best, under 641 b. May 28, B%d; May 21, Sd, 9d; May 13, Bd, 9d; 64 to 721 b, May 28, 7%d. Heavy, difficult to sell. Ewes much weaker. Beef, slight Improvement for bpst description Strike delaying Argentine arrival. Chilled hinds. May 28, 9d, lOd; May 21. 9%d; May 13, lOd. Beef, chilled fores, May 28, 4d, sd; May 21, sd; May 13, 4y 2 d. New Zealand best ox, kinds, May 28, 7d, 7%d; May 21, 6d, 7d. New Zealand best ox, fores. May 28, 3%d, 4d; May 21, 4d. No demand for inferior beef. BUTTER. Market flrener for new butter, but prices xery irregular. Demand only moderate. in view of large stocks of colonial and reduced purchasing; power owing to continuance of labtr trouble. New Zealand. May 28, 194 s to 200 s per cwt. (Is S%ck to Is 9%d per lb) May 21, 192 s to 196 s per cwt. (Is B%d to Is 9d per lb) ; May 13, 194 s to.. 196 s per cwt. (Ik B%d to Is 9d per lb). Australian, 182 s to 186 s per cwt. (Is 7%d to Is 7%d per lb) ; May 21, 182 s to 190 s per cwt. (Is 7%d to is S*4d per lb) ; May 13, 186 s to 190 s per cwt. (Is 7%d to Is S’4d per lb). Argentine, May 28, 154 s to 170 s per cwt. (Is 4%d to Is Cd per lb) ; May 21, 160 s to 164 s per cwt. (Is s*4d to Is 5%d per lb).; May 13, 162 s to 170 s per cwt. (Is 5%d to Is (id per lb). Danish, May 28, Irregular with less Inquiry, JLOs to 214 s per cwt. (Is to Is lid per lb) ; salted, 190 s to 195 s per cwt. (Is.BVid co Is B%d per lb) ; May 21, 208 s to 212 s per cwt. (Is 10%d to Is 10%d per lb) ; salted, ISOs to ISGs per cwt. (Is 7%d to Is 7%d per lb) ; May 13, 192 s to 198 s per cwt. (Is B%d to ls/9Vid per lb); salted. 180 s to 190 s per cwt. (Is 7Vid to Is B%d per lb). Irish, unsalted. May 28, 195 s to 204 s per cwt. (Is B%d to Is 9Vid per lb) ; Mafcy 21, ISGs to 192 s per cwt. (Is 7%d to Is B%d per lb) ; May 13, 184 s to 195 s per cwt. (Is 7%d to Is 9d per lb). Government prices, ex store:— New Zealand, May 27 to June 2,196 s per cwt. (Is 9d per lb) ; May 20 to 26, 186 s per cwt. (Is 7%d per lb). Austrar.au, .May 27 to] June 2,186 s per cwt. (Is 7%d per lb); May! 20 to May 26, 1,86 s per cwt. (Is 7%d per lb). | Argentine, May 27 to June 2,152 s per cwt. | (Is 4’4d per lb); May 20, ‘j May 26, 160 s per cwt. (Is s&d per lb). CHEESE. English, little offering, but prices tend lower j owing to slump, in Canadian. Canadian, May 28, spot, white, no quotations; colored, 130 s to 136 s Gd per cwt. (Is l%d to Is 2%d per lb). Colored for ecrly arrival offered at 114 s per cwt. (Is per lb), and delivery middle of June 96s per cwt. (10 x 4d lb), landed terms. Early make reported. May 21, white, no quotations. Colored, 140 s to 142 s per cwt. (Is 3d to Is 3%d per lb). May 13, white, no quotations. Colored, no quotations. New Zealand, going into consumption regularly. Market steady for white, colored slow. May 2.8, white, 128 s to 132 s per cwt. (Is l%d to Is 2d per lb) ; colored, 136 s to 142 s per cwt. (Is 2’£d to Is 3d per lb). May 21, white, 130 s to 138 s per cwt. (Is 2d to Is 2%d per lb) ; colored. 146 s to 152 s per cwt. (Is 3%d to Is 4’4d per lb). May 13, white, 138 s to NOs per cwt. (Is 2%d to Is 3d per lb) ; colored, 154 s to 158 s per cwt. (Is 4Vid to Is 4%d per lb). Australian, white, better demand, colored slow. May 28, white, 128 s to 130 s per cwt. (Is iy,d to Is l%d per lb) ; colored, 130 s to 136 s per cwt. (Is l%d to Is 2%d per lb) ; May 21, white, no quotations; colored, 142 s to 148 s per cwt. (Is 3&d to Is 3%d per lb). May 13, white, 134 s to 138 s per cwt. (Is 2%d to Is 2%d per lb) ; colored, 150 s to 154 s per cwt. (Is 4d to Is 4%d per lb). HEMP. Manila market dull and easier. *'J” grade quoted sellers, February-April shipment, £4l; May-July shipment, £3B per ton. New Zealand market continues dull, witl: sellers of fair, on spot, £36 per ton; buyers, possibly £34 to £34 10s per ton. Value of h’.ghpoints, about £3B per ton. Offers from New Zealand much higher than these prices. WOOL. Bradford production small, so much machinery being idle. High ©price asked for spot lots. Present quotations for tops May 28, 64’s (merino), 3s 8d per lb; May 21, 64’s (merino), 3s 6d per lb; April 30, 64’s (merino), 3s 2d per lb; May 28, 56’s (crossbred), 2s 5d per lb; May 21, 56’s (crossbred), 2s 4%d per lb; April 30, sG’s (crossbred), 2s 4d per lb. May 28, 40's (coarse crossbred), prepared Is Id per lb; May 21, 40’s (coarse crossbred), prepared. Is Id per lb; April 30, 40’s (crossbred), prepared. Is o%d per lb.