OVERSEAS MARKETS.

Auckland Star, Volume LXI, Issue 141, 17 June 1930, Page 4

OVERSEAS MARKETS.

TALLOW, HEMP, FRUIT, ETC. HIGH COMMISSIONER'S CABLE. The Department of Agriculture has received the following cablegram, dated June 14, from the High Commissioner for Now Zealand in London:— Tallow. —No auction this week. The market continues quiet, with no change in prices.. Hemp.—Manila: The market is dull and easy. ' " J " grade June-August shipment quoted, sellers, £24. Sisal: The market is dull and depressed. No. 1 fair average quality for June-August shipment sold at £26 5/ and July-September shipment quoted, sellers, £26 10/. Mexican: It is reported that Co-operative have reduced the price by 6% cents c.i.f. New York, equal to £31 3/ per ton. The reduction is considered inadequate compared with the prices of competing fibres, and no sales have been made. Stocks are increasing and now amount to 39,000 tons, and prospects are not encouraging. New Zealand: The market continues dull, and no business is reported. Fruit.—Rangitiki and Zealandic almost clear, and Port Fairy being sold. Granny Smith, 20/ to 25/; other apple prices unchanged. Pears: An improved market. Average prices are:—Winter Cole, 11/ to 13/; Winter Nelis, 13/ to 15/; P. Barry, 12/ to 13/; Keiffers, 10/ to 12/. Wool.—The Bradford market is quiet. Users of tops are well covered for immediate needs, and are holding off. The market for forward buying is very quiet; 40's, prepared, are steady at the last price quoted, and others are VzA. clown. FROZEN MEAT. The New Zealand Meat Producers' Board has received the following cable from its London office, dated June 13, 1930, advising that the following are the approximate average prices realised for the week, based on actual transactions I of wholesale quantities of the descriptions '■ of meat mentioned, ajid are for representative parcels of the goods offering during the week, being for business clone on the basis of delivered to Smithfield market and/or ex London stores: — Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481b to 561b, 5%d; 571b to 641b, 47sd; 651b to 721b. 4%d; North Island, 481b to 561b, od: 571b to 641b, 494 d; 651b to 721b, 4%d. Ewes, 481b to 641b, 3y 8 d; 651b to 721b, 3d. Lambs.—Canterbury. 361b and under, 9%d; 371b to 421b, B%d; 431b to 501b, second quality, average 331b, SVkl. Other South Island brands. 361b and under, Od; 371b to 421b. B%d; 431b to 501b, B%d. Including Downs, selected North Island brands. 361b and under, 9%d: 371b to 421b, B%d; 431b to 501b, B%d; second quality, average 311b, B%d. Other North Island brands, first quality, 361b and under, S%d; 371b to ■ 421b, B%d; second quality, average 311b, B!4d. Australian, Victorian, first quality, 361b and under, 7%d; 371b to 421b, 7%d. Argentine, first quality, 361b and under, 7%f1; 371b to 421b, 6%d. Beef. —New Zealand, ox fores, 3d': ox hinds, 5V6d. Argentine chilled, ox fores, 3/id; ox hinds, 6%d. Australian, frozen, ox crops, over 1001b, 3%d; ox hinds, over 1601b. sy*d. Pigs.—New Zealand, porker. 60b to 1001b, 7%d: 1011b to 1201b, 7d; baconer, 1211b to 1801b, 7d. Lamb: Market keeps firm. Consumption continues good. Mutton market: Lightweight wethers unchanged. Bettor inquiry fov heavy-weight wethers. Ewes, market is dull. Beef: Market is depressed owing to heavy arrivals from Argentine. New Zealand porker and baconer pigs: ; Nominal prices. '