LONDON MARKETS.

Wairarapa Age, Volume XXXII, Issue 9669, 7 December 1909, Page 5

LONDON MARKETS.

HIGH COMMISSIONER'S REPOKi. The Commerce and Tourist Division has received the f illownig cible from the High Cou.-nissnmar, dated London, 4th December, 1 09 The mutton market is very dull; average price Canterbury 3£d per lb, North Island 3g.l Large supi lit sof Dutch mutton are coming forward and selling at 4d to 4£d p*r lb. English ewes are being marketed at 3£d per lb.

There is a dull sale for all lamb, and the market is weak. Canterbury averages 3fd per lb, and other New Zealand brands 3gd. The beef market is weak, with no change in prices. New Zealand hinds 3£d, fores Cd. There is a good demand for butter at reduced prices. Buyers are holding back expecting prices to eo lower; supplies are increasing. Average price of choicest New Zealand 115s per cwt., Australian 112s, Danish 1245. and Siberian 109s.

The cheese market is quiet, and prices are slightly weaker. Average price of finest New Zealaid 565.

fi Tba hemp market is quiet but firm. Good business has been done in New Zealand hemp at last quotations. Good fair, on sput, £2B 10s; fair, £27 10.-*; January to March shipments, £2B to £27. Manila hemp is weaker as a result of heavy arrivals. The week's output of Manila was 28,1)00 bales.

Wheat is a firm market. Supplies uf New Zealand wheat are practically exhausted. New Zealand long berried, on spot, ex granary, per 4961b, 39s 6d; short berried, 395. Oats —The market is slightl weak?r, with less demand. New Zealand short oats, sparrowbilla, 19s 9d; Danish, 17s.

i Beans.—The market remains firm. New Zealand, f.a.q new crop, 40s per 5041b. Peas.-~The market is firm owing to reduced supplies; the spot demand is good, also to arrive. New Zealand partridge peas, 54s per 5041b. The arrivals of River Plate mutton and lamb at British ports during 'November were as follow— Mutton. Lamb. Carcases. Carcases. London 45,563 6,846 Liverpool 85.801 11,990 Hull 9,268 2,532 Southampton k 1,128 50 Cardiff ' 4,739 87