OVERSEAS MARKETS.

Auckland Star, Volume LX, Issue 230, 28 September 1929, Page 4

OVERSEAS MARKETS.

LONDON WOOL SALES. FAIR COMPETITION. (Australian and N.Z. Press Association.) (Received 10.30 a.m.) LONDON, September 27. At the wool sales 10,606 bales were offered, of which 6034 were New Zealand. There was a moderate sized and representative selection of greasy Merinos, and an excellent selection of greasy crossbreds. There was fair general competition, but withdrawals were rather frequent. New Zealand greasy crossbreds: Omeo, to 13% d; Dekunu, IZY26. to 12d. WORLD'S WHEAT. (Australian Press Assn. —United Service.) (Received 11 a.m.) LONDON, September 27. Cargoes opened 3d to 6d firmer, in sympathy with American closing, but quietened on rain reports from Australia and the Argentine. Parcels are in quiet request at 3d to 6d dearer. Futures:— London: September, 50/11 per cental; October, 50/8; November, 50/9; January, 51/8. Liverpool: October, 9/0%, 9/6; March, 10/; May, 10/4. MELBOURNE PRODUCE. (Australian and N.Z. Press Association.) MELBOURNE, September 27. The following are to-day's quotations on the Melbourne produce market:— Wheat, 5/8; flour, £12 15/ to £13; bran, £7 10/; pollard, £7 15/; oats, 4/2; barley, English, 4/ to 4/1; maize, 5/7. QUOTATIONS FOR METALS. (Australian Press Assn. —United Service.) LONDON, September 28. (Quotations on Sept. 23 in parentheses.) Copper.-Spot, £73 16/10% (£74 1/3); three months, £74 9/4% (£74 10/6). Electrolytic Copper.—Spot, £84 10/ (£B4 5/); three months, £84 15/ (£B4 15/). Wire Bars.-£B4 15/ (£B4 15/). X, eac l—Spot, £23 13/9 (£23 12/6); three months, £23 11/3 (£23 13/). Spelter.-Spotj £23 11/3 (£24 1/3); three months, £23 18/9 (£24 7/6). Tin—Spot, £203 6/3 (£205 4/4); three months, £207 8/9 (£209 13/). Silver.—Standard, 23 9-16 d (23 7-16 d) per oz; fine, 23% d (23 7-16 d). DAIRY PRODUCE. Messrs. Dalgety and Co., Ltd., report having received the following cablegram from their London house, dated 26th instant: Messrs. Samuel Page and Son report:— Butter.—The market is firm, but quiet. New Zealand, finest salted, at 177/ to 182/; Danish, 200/ to 202/; Australian, finest salted, 172/ to 176/; finest unsalted, 174/ to 178/; g.a.q., 166/ to 170/. Cheese.—The market is firm. New Zealand, white, 93/.to 94/; coloured, 93/ to 94/; Canadian, white, 94/ to 97/; coloured, 94/: to 97/; c.i.f., 95/ to 96/. Messrs. Newton King, Ltd., have received the following cable from their principals, Messrs. R. and W. Davidson, Ltd., dated September 27:—Butter: Market firm. Salted, 178/ to 184/; unsalted, 178/ to 180/; wheys, firsts, 170/; seconds, 166/. Cheese: Market firm. White and coloured, 94/. Messrs. Allen and Findlay have received the undermentioned cable report from their principals, Messrs. Armour and Co., Ltd., dated London, September 27:— Butter.—Market firm. New Zealand, salted, 177/ to 182/; unsalted, 178/ to 180/; Australian, 176/ to 178/; Danish, 206/. Cheese.—Market firm. New Zealand, white and coloured, 92/ to-95/.

FROZEN MEAT. Messrs. Dalgety and Co.> Ltd., report having received the following cablegram from their London house, dated 26th inetant: — ~, Lamb.—Canterbury, 28' a to 36's, B%d; 36's to 42's, 8d; second quality, 8d; 42's to 50's, 7 7 /sd; North Island, 28's to 36's, B%d; 36's to 42's, 7%d; second quality, 8d; 42's to 50's, 7%d. The market for New Zealand lamb is firm. The demand is Mutton.—Canterbury, 48's to 56's, 6%d; 56's to 64's, 6%d; 64's to 72's, 5%d; North Island, 48's to 56's, 6%d; 56's to 64's, 5%d; 64's to 72's, Canterbury ewes, 48's to'64's, 4%d; North Island ewes, 48's to 64's, 4%d. The market for New Zealand mutton is firmer. The demand runs principally on light weights. ■ Beef.—Argentine chilled hinds, 8d; fores, ■sd; Australian ox hinds, prime, 5%d to 6d Pork.—English, 80's to 100'b, 13d; New Zealand porkers, 80's to 100's, 9d; 100's to 120's, B%d. The market for New Zealand pork is very firm. "The demand active.