OVERSEAS MARKETS.

Auckland Star, Volume LX, Issue 243, 14 October 1929, Page 4

OVERSEAS MARKETS.

FROZEN MEAT. PRICES AT SMITH FIELD. The New Zealand Meat Producers' Board lias received the following cablegram from its London oliice, dated October 11, advising Smithfield delivered prices averaged for ifche week ended at that date as follows: — New Zealand Wethers and Maidens. Canterbury quality, selected brands, 561b and under, 7d per lb; 571b to Glib, GVsd; 651b to 721b, 6Vsd. Other brands, 561b and under, 6V£d; 571b to 641b, 6%d; 651b to 721b, 6d. New Zealand Ewes.— 641'b and under, 4%d. New Zealand Lambs—Canterbury quality, 361b and under, B%d; 371b to 421b, B%d; 431b to 501b, 7%d; seconds, 7 a /£d; selected brands,,,36lb and under, B%d; 371b to 421b, Sd. Other brands, first quality, 361b and under, B%d; 3>7lb to 421b, 7%d; second quality, 301b to 321b average, 7%d. Australian Lambs (new season's). —Victorian, first quality, 361b and under, B%d. Argentine Lambs. —First quality, 361b and under, 7%d; 371b to 421b, 6%d. Argentine Chilled Beef. —Ox fores, 4%d; hinds, 7 J /4d. Australian Frozen Beef. —Ox crops, over 1001b, iVtd; hinds, -over 1601b, 5%d. New Zealand Frozen Pork. —Porkers, 601b to 801b, 9%d; 811b to 901b, 9y 2 d; 1001b to 1201b, 9%d. Baconers, 1211'b to 1801b, BV4d. Lamb.—Market rather dull. Consumption easing off owing to heavy supplies of meat and all descriptions of game, Mutton. —Wethers Market slightly easier and sales slow. Ewes are also easier. New Zealand Porker Pigs.—Market firm, with better prices owing to short stocks. New Zealand Baconer Pigs.—Market quiet and steady.

DAiRY PRODUCE

THE BOARD'S REPORT,

The New Zealand Dairy Produce Board has received the following market report from its London office, d&ted Octobei 11, 1929; — Butter.—New Zealand, salted, 179/ to 184/; xmsalted, 186/ to 192/; first whey, 172/; second whey, 168/. 179/ to equals approximately 1/5%, f.o.b. Deliveries New Zealand this week, 810 tons; in store 5400 tons. Australian, salted, 176/ to 178/, exceptional 180/; unsalted, 188/ to 190/. Argentine, unsalted, 176/ to 180/; Irish creamery, salted, 176/ to 178/; unsalted, 179/ to 181/; Danish, 188/, i.0.b., 194/ to 200/ spot; Dutch, unsalted, 194/ to 198/; Esthonian, 178/ to 180/; Latvian, salted, 178/ to 180/; unsalted, 182/ to 184/; Siberian, 168/ to 172/; Ukrainian, 172/ to 176/; Polish, 156/ to 170/. Market quiet. New Zealand retail price, 1/10; Danish, 2/. Cheese.—New Zealand, white, 94/ to 95/; coloured, 93/ to 94/. 93/ to 95/ equals approximately 834 d, f.o.b. Deliveries New Zealand this week, 12,148 crates, in store 57,957 crates. Australian, white, 93/; Canadian, white, 95/ to 97/; coloured, 94/ to 96/; e.i.f., 94/. Market quiet. Retail prices unchanged. Hurunui finished discharging butter October 4. Ruahine finished discharging butter October 4. Ivia Ora commenced discharge cheese October 7, finished 7th, commenced discharge butter October 9, finished 9th. Cumberland commenced discharge cheese October 9, finished 10th, commenced discharge butter October 10. The board has also received the following advice from its agent in Canada: — Butter. —New York, 46 cents (1/11); Montreal, 38% cents (1/7%); Halifax, 40% cents (1/8%). Newton King, Ltd., have received the following cablegram for R. and W. Davidson, Ltd., London, dated October 11:— Butter: Market quiet; salted 179/ to 184/; unsalted, 186/ to 190/; wheys, firsts, 170/; seconds, 166/. Cheese: Market quiet; •coloured, 93/ to 94/; white, 94/ to 95/. Messrs. Allen and Findlay have received the undermentioned cablcd report from their principals, Messrs. Armour and Co., Ltd., London, dated Octobcr 11: — Butter. —-Market quiet. New Zealand, 178/ to 184/; Australian, 176/ to 178/; Danish, 195/. Cheese—Market quiet. New Zealand, white, 92/ to 95/; coloured, 90/ to 94/. Mr. W. W. Bowker has received the following cable from his London principals, A. J. Mills and Co., dated October 10:— Butter. —The market is steady. New Zealand, finest, 182/ to 184/; first grade, 179/; unsalted, 184/; Danish, 192/ to 194/; Australian, 176/ f to 178/; Irish, 178/ to 180/. Continental market has declined 10/ to 12/. Trade slow. Cheese. —The market is quiet. New Zealand, white, 94/ to 95/; coloured, 93/ to 94/; Canadian, white, 95/ to 96/; coloured, 94/ to 95/. Messrs. A. H. Turnbull and Co., are in receipt of a cable from their principals, Messrs. W. Weddel and Co., Ltd., dated London, October 11, reading as follows:— Butter.—Danish, 194/ to 200/; New Zealand, unsalted, 186/ to 190/; salted, 179/ to 184/. Market quiet. Cheese. —New Zealand, white, 94/ to 95/; coloured, 93/ to 94/. Market quiet. Canadian, white, 95/ to 97/; coloured, 94/ to 96/. Amalgamated Dairies, Ltd., have received the following cable from their London manager, under date October 12:— Butter. —Our prices unchanged. Anchor 184/. Market still quiet. Anticipate more interest with steadier Danish market, now 192/, f.o.b. Deliveries New Zealand, 813 tons, stock 5398. Retails unchanged. Cheese.—White, 94/; coloured, 93/. Market quiet. Canadian, 93/ to 96/ spot, 95/ c.i.f. Retail unchanged .

COTTON, RUBBER, HEMP, ETC,

LONDON", October 12. Cotton.—November delivery, 9.85 c! (9.95 d) per lb.

Rubber.—Para, 9%d (8%) per lb; plantation and smoked, 9 15-16 d (9^d). Jute— October - November shipments, £29 10/ (£3O) per ton. Hemp.—High point fair, nominally £34 (none offeree)), per ton. Copra.—October - November shipments, South Sea, £22 7/6 (£22 12/6) per ton; plantation, Rabaul, £22 12/6 (£22 15/). Linseed 0i1.—£45 15/ (£45) per ton. Turpentine.—44/9 ( 45/) per cwt. ■ LOSS TO AUSTRALIA. SYDNEY, October 13. The Sunshine Harvester Company, of Melbourne, announces that it has completed arrangements for the establishment of a manufacturing business for the production of Sunshine Harvesters in Canada. This decision is due to the restrictions ■arising from compulsory arbitration and repeated industrial disturbances in Australia.