OVERSEAS MARKETS.

Auckland Star, Volume LVIII, Issue 234, 4 October 1927, Page 4

OVERSEAS MARKETS.

HIGH COMMISSIONER'S CABLE. TALLOW MARKET QUIET. ceived ° f *^B ri culture has reHich r^i olloWing c / bIe P r; ' m from the t j omr ni6sioner for Xew Zealand London, dated Oct. 1:— •feaiana, weaker" "Pr^ rk f Q " iet 3ncl prices "lightly weaker. Present quotations are: 3lutton.—-line, 36/6 to 37' pe r cwt faiyo good, 34/ to 36/; dark J dull, ffi/ Beef.—Sweet and/or mixed. 36/ to 40/tvfi. S/ : ,' X n d; Fa,r to - ood < 33/9 to % dul1 ' 30/6 10 32/ " Gut ' «*- Pr^r^ 1 ' 0 ? Iligber and m <"kft quieter. Du?ch l-T aU Z 3 are , : an d • ', 6 to 2 J / Per long 100; Danish 18/- 11 '. ,5/ ' 6 t0 2 °/ i Belgium, 16/9 to 18/, Est ho man, 14/ to 17/; Lithuanian Russian and Polish, 9/ to 15/. Wool. Sales closed on Thursday. Attendance large and representative throughout, Continental buyers particularly prominent in Merino section. Yorkshire purchases principally among New Zealand crossbred. Feature of series was ready sale of large quantities of sliped wool. Compared with July series, greasy Merino and fine crossbred j-ar to 5 per cent dearer medium and coarse crossbred, 5 to 7% per cent dearer—fine sliped par and lower grades par to 5 per cent dearer. Average 60 " 64 ' 8 ' no Kew Zealand offered; 56-a8 s, 1/10 to 2/1 per lb: 56's 1/3% to 1/4%; 3640 s, 1/2% to 1/3%. There were 120,000 bales sold, of which Cont ! n T e PE . took «°>°qo, Home trade 57,000 and L-.S.A. 3000. Next series commences November 22.

Grain and Seeds. Oats—Market firm, with absence of offers of foreign descriptions. Plate afloat worth 26/, October shipments 25/6. Chilean December shipments offered 24/6. Up to 26/6 obtainable for earlier shipment. _ Bad weather affecting English threshing. Supplies moderate and quality poor. Choice Feed White held firm at 30/ to 31/. Choice old crop make 35/ to 36/« Values of Ise\v Zealand "A" grade Gartons October shipment 32/6. Beans. —Market very quiet. Supply of English winter moderate, and samples chiefly in soft condition. Only small demand for perfectly dry ones at 43/ to 45/. Choice old winter 50/ to 51/. Cocksfoot.—On account of bad weather Danish new crop reported failure, and prices have advanced considerably, 90-95 quoted at £5 7/6 c.i.f. main ports. Peas.—Maple: New Zealand spot quoted 87/6 to 90/ ex store, and nominal value of first grade February to March shipments 77/6, and April to May shipments 70/. "A" grade Tasmanian February shipments 87/, March to April shipments 83/6. Bluee: Market very quiet. New crop New Zealand and Tasmanian worth about £18 for shipment next spring, but no buyers at present for this position. Hemp.—Manila easier early this week, and "J" grade October to December shipments sold £42 10/, and down to £42 5/. Market steady at the close, sellers quoting £42 15/. Sisal: Market steady. No. 1 arrived sold £37, and No. 3 £36. September to November shipments No. 1 quoted sellers £37 12/. Tow: Market quiet. Value No. 1 £31 to £32. New. Zealand market quiet. Business has been done with October to December shipments on the basis of £33 10/ for fair, and £32 10/ for common. Highpoints sellers £35 10/, but buyers ideas £35. Tow market quiet and easier. Value second grade £23, and third grade £20.

The New Zealand Dairy Produce Board has received the following market report from its London Agency, dated* September 30:—

Butter.—New Zealand salted, 178/ to 182/, up to 184/; unsalted, 184/ to 190/. Market temporarily quiet, but forward position sound. Australian, finest salted, 176/ to 180/; unsalted, 180/ to 184/. Argentine, finest unsalted, 174/ to 176/. Irish creamery, salted, 176/; unsalted, 180/. Dutch, unsalted, 196/ to 198/. Esthonian, salted, 180/ to 182/; unsalted, 182/ to 184/. Siberian, 138/ to 162/. Danish, 194/ to 196/. Retail prices unchanged. Cheese.—New Zealand white and coloured, 104/ to 106/. Market very firm. Outlook till end of year exceptionally good. Canadian, finest white and coloured, 105/ to 106/. English, finest, farmers, 120/ to 124/. Retail prices unchanged.

Amalgamated Dairies, Ltd., report having received the following cable from their London manager, under date October 1:— Butter.—Firsts, 182/; Anchor, 184/; unsalted, 18&/, nominal; Danish, 193/ f.o.b. Cheese. —White and coloured, 100/ to 102/; Canadian, 106/, c.i.f. Market unchanged for both butter and cheese.