LONDON MARKETS.

Wairarapa Age, Volume XXXI, Issue 9033, 21 January 1908, Page 3

LONDON MARKETS.

HIGH COMMISSIONER'S REPORT.

BY TELKORAFH —PHESS ASSOCIATION. WELLINGTON, January 20. The High Commissioner cables from London, under date January 18th. as follows:—The mutton market is very dul 1 , and trade is very disappointing, there being only a hand-to-mouth demind. Prime light weight.Canterbury mutton is getting very scarce, and is quoted nominally at 4Jd. The following are the current quotations: Canterbury (heavy weight), 3gd; North Island, 3|d; Australian, 2fd; River Plate, 21d. The lamb market is weak. The supply of Australian lamb (which is of very mixed quality) exceeds the demand, and is quoted at from 5d to 3d. A small shipment of this season's New Zealand has arrived, and is quoted at 6id. There is no alteration in the beef market since last week. The butter market is a shade weaker for best quality, and some holders are forcing sales. There has been an exceptional demand for second class quality butter at extravagant prices on account of the scarcity. Choicest' New Zealand is quoted at 118s; Australian, 116s; Danish, 1255; Siberian, 112s; and Argentine, 117s. The cheese market is quiet but firm, white makes being quoted at 625, and coloured at 63s 6d per cwt. The hemp market is weaker and slightly lower, and transactions iight. Good fair grade on the spot is quoted at £2B 10s; fair grade, in the same position, £27; fair current Manila on the spot, £29 10s; January-March 9 shipmentl/good fair grade,|£2B; fair * grade, £27; fair current Manila, £29 10s.

The cocksfoot market is firm. Light stocks are on hand with no pressure to [sell. Seventeen-pound clean dressed seed is quoted at 76s per cwt.