OVERSEAS MARKETS.

Auckland Star, Volume LIX, Issue 171, 21 July 1928, Page 4

OVERSEAS MARKETS.

THE METAL MARKETS

LONDON*. July 19. (Quotations on July 16 in parentheses.) Copper.—Spot, £63 0/7% (£62 18/1%); three months, £63 6/10 V& (£62 4/2%). Electrolytic Copper.—Spot, £68 15/ (£6B 15/); three months, £69 (£69 5/). Wire Bars.—Spot, £69 5/ ( £69 5/). Lead.—Spot, £20 13/9 (£2O 7/6); three months, £21 2/6 (£2O 10/3). Spelter.—Spot, £24 7/6 (£24 11/3); three months, £24 7/6 (£24 15/) Tin.—Spot, £218 2/6 (£2lO 7/6); three months, £213 12/6 (£207 2/6). Silver.—Standard, 27 %d (27% d) per oz; fine, 29% d (29% d). WHEAT, FLOUR, PULSE, ETC. LONDON, July 19. Wheat.—Cargoes were dull and eased by 6d to 9d in sympathy with American reports. Parcels declined similarly. Ex Jervis Bay, 48/9; net, 49/. Liverpool futures: July delivery, 9/7% per cental; October, 9/11%; December, 10/0%. Spot trade weak. Australian ex ship, 52/. Flour. —Easier. Australian, ex store, 36/6 to 37/. Oats.—Quiet and easier. Beans.—Steady. Peas.—Slow. New Zealand Partridge, 70/ to 80/. The market is dull. MELBOURNE PRODUCE. MELBOURNE, July 20. The following are to-day's quotations on the Melbourne produce markets:— Wheat.—s/2 to £5/2%. Flour.—£l2 17/6 to £13 2/6. Bran.— £6 10/. Pollard.—£7 10/. Oats.—Easier. Milling, 3/7 to 3/11. Barley.—English, 5/4%; Cape, 4/. Onions.— £10 to £10 10/. Butter.—Steady. Cheese.—Unchanged. DAIRY PRODUCE. Messrs. Allen and Findlay have received the undermentioned cable from their principals, Messrs. Armour and Co., dated London, July 20:— Butter. —Market quiet. New Zealand, salted, 182/ to 186/; Australian, 174/ to 176/; Danish, 184/. Cheese.—Market quiet. New Zealand, 111/ to 112/. Messrs. Norden and Company have received the following cable from their London principals, Andrew Clement and Sons, dated July 19: — New Zealand butter: Salted, 184/ per cwt; unsalted, 190/. New Zealand cheese, 111/ per cwt. Markets quiet. Arrivals: Port Dunedin. LONDON PRODUCE MARKET. j A. H. Turnbull and Co. are in receipt of a cable from their principals, Messrs. W. Weddel and Co., Ltd., dated London July 20, reading as follows:— Butter.—Danish, 182/ to 184/; New Zealand, unsalted. 184/ to 188/, salted 182/ to j 186/. Market firm. Cheese. —New Z<''i' coloured, 111/ to 112/. Market firm. Canadian, coloured, lu>>, v.. LONDON WOOL SALfe. The Bank of New Zealand has received the following advice from its London office under date 20th inst.:—The sales ® closed firm for all kinds of wool. Current quotations: Merino, super 2*xl to 28d \ ordmary 24d to 25d, inferior 19d to 2 ® d t0 crossbred, fine 2^Lr dn,m 19d to 20Vzd ' c °arse Inid to 18 %d.