LONDON MARKETS.

Wairarapa Age, Volume XXX, Issue 8514, 20 August 1907, Page 7

LONDON MARKETS.

HIGH COMMISSIONER'S REPORT. The Department of Industries and Commerce has received the following cable from the High Commissioner, dated London, August 17th : The trade in mutton is very disapoointing, and only hand to mouth darnand is experienced. There is an ► inclination to force sales of Argentire Prime Canterbury brands ~" are scarce at 4Jd, second-class quality 4§d. North Island mutton is dull of sale at 3Jd for light weights and 3ld for heavy weights. Argentine averages 3§dfor lightweights, and 3d for heavy weights. The Jamb market is steady, but is likely to decline in consequence of getting towards the end of the season. Canterbury brands o|d, and other than Canterbury s|d. The beef market is quiet, with moderate supply coming forward. Quotations are 3gd to 2gd for hindquarters and forequarters respectively. The butter market is quiet, but firm. A very brisk demand is experienced tor the best quality. The prospects for next season are improving, and there is no reason to anticipate a decline in price. Choicest New Zealand is 105s, Danish 112s, Siberian 965, per cwt. A large supply of' Canadian manufacture is arriving, and is quoted at 105s. The cheese market is steady. Canadian supplies are increasing. New Zealand white make is 60s, coloured 61s, Canadian white 565, coloured 58s per cwt. The hemp market is very quiet. Good fair grade, on spot, is quoted at £33 10s; good fair Wellington £29; fair current Manila, on spot, £34 10s; July-September shipments are quoted at above rates. The cocksfoot seed market is dull and very little business is doing; 171b seed is cuotsd at 58s per cwt.