OVERSEAS MARKETS.

Auckland Star, Volume LXI, Issue 230, 29 September 1930, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. MERCHANTS' CABLES. Messrs. Allen and Fiiullay liavc received the undermentioned cabled report from their principals, Messrs. Armour and Co., dated London, September 26:—Butter: Market slow. Xew Zealand, salted, 124/ to 127/; unsalted, 146/ to 148/; Australian, 122/ to 125/. Cheese: Market quiet. Xew Zealand, white, 74/ to 75/; coloured, 73/ to 75/. Messrs. Leonard and Son have received advice by cable from Mr. A. C. Rowson. London, dated September 26, of the following market report:— Cheese.—New Zealand, white, 74/; coloured, 73/. The demand is slow, and the market weak. Expecf improvement. Butter— New Zealand, first grade, 124/; finest, 126/. The demand is slow, and the market weak. Outlook doubtful. Messrs. Joseph Nathan and Co. have received the following cable from their London principals, Messrs. Nathan and Trengrouse, dated September 27:— Cheese. —White, 74/; coloured, 73/ per cwt. Amalgamated Dairies, Limited, have today received the following market report from their London office: — Butter.—Our prices unchanged. (Anchor, 130/). Almost entire absence general demand this week. Mostly sales by weak holders. Market nominally finest 126,/, stored 124/, but anticipate some improvement this week. Danish cleared, 143/; now 144/, f.o.b. Deliveries New Zealand, 1167 tons; stock, 7967. Retail position unchanged. Cheese.—White, 74/; coloured, 73/. Market steady but very quiet, after some sales 1/ less. Market should improve shortly as meantime depressed sympathy with butter. Canadian, 78/ to 80/, spot; now 76/ to 77/, c.i.f. Retail position unchanged. THE BOARD'S REPORT. The New Zealand Dairy Produce Board has received the following market report from its London office, dated September 26, 1930:— Butter. —New Zealand: Salted, 124/ to 128/; exceptional, 130/; unsalted, 146/ to 150/; first whey, 116/; second whey, 114/. Deliveries New Zealand this week 1167 tons, in store 7967 tons. Australian: Salted, 123/ to 1'26/; unsalted, 128/ to 132/. Argentine: Unsalted, 120/ to 124/. Irish cream: Salted, 128/; unsalted, 132/, Danijh: 141/, f.0.b., 147/ to 150/ spot. Dutch: Unsalted, 142/ to 146/. Esthonian: 128/ to 1,30/. Latvian: 126/ to 130/. Siberian: 120/ to 122/. Polish, 100/ to 116/. Lithuanian: 118/ to 128/. Market slow. Retail prices unchanged. Empire Marketing Board's estimated stocks all butters at September 20, 1930, 887,610 boxes. Cheese.—New Zealand: White. 74/ to 75/; exceptional. 76/; coloured, 73/ to 75/. Deliveries New Zealand this week, 19,144 crates; in store, 99,186 crates. Australian: White, 73/ to 74/; coloured, 71/ to 72/. Canadian: White and coloured, 78/ to 79/; c.i.f., 78/. Deliveries Canadian, 7200 boxes; in store, 208,922 boxes. English: Finest farmers', 100/ to 106/. Market quiet. Retail prices unchanged. PRICES AT SMITHFIELD. THE BOARD'S REPORT. The New Zealand Meat Producers' Board has received the following cable from its London office, dated September 26, 1030, advising that the following are the approximate average prices realised for the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithneld market and/or ex London stores: — Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481b to 561b, 5%d; 5/lb to 641b, 5%d; 651b to 721b. 5%d; North Island, 481b to 561b, 5 3 /& d; 571b to 641b, 5%d; 651b to 721b, sd. Ewes, 481b to 641b, 6olb to 7211). 3V2d. Lambs.—Canterbury, 361b and under, 834 d; 371b to 421b, B%d; 431b to 501b, 8 ! /4d; second quality, average 331b. Other South Island brands, 361b and under, 8Vkl; 371b to 421b, B%d; 431b to_ 501b, BVid. Including Downs, selected North Island brands, 361b and under. B%d; 371b to 421b, B%d; 431b to 501b, B%d; second quality, average 311b, 7%d. Other North Island brands, first quality, 36Tb and under, Sd; second quality, average 311b, 7d. Argentine: First quality, 361b and under, 6*M; 3711) to 421b, 6'/4d. Beef. —Argentine: Chilled, ox fores, 4 1 /£ d; ox hinds, 7'/b<l. Australian: Frozen, ox crops, over 1001b, 4d; ox hinds, over 1601b, 5 3 / 2 cl. Pigs.—X T ew Zealand porker, 601b to 1001b, QVid; 1011b to 1201b. Od. New Zealand baconer,,-121tb to 1801b, 6%d. New Zealand lamb market: Firm for second qualitj r , but slightly weaker for heavy-weight first quality. Consumption good for time of year. New Zealand mutton market: Wethers, prices have advanced with increased demand. Ewes are also firmer in good demand. New Zealand porker pigs: Demand and prices continue to improve.- New Zealand baconer pigs: Nominal prices. Sales impossible owing to extremely low prices Continental bacon.

COTTON, RUBBER, JUTE, ETC.

(Last week's prices in parentheses.) Cotton. —October delivery, 5.04 d (5.87 d) per lb. Rubber.—Para, 5%d (sd) per lb: plantation and smoked, 3%d (4d) per lb. Jute. —Septembor-Octobcr shipments, £16 12/6 (£l6) per ton. Copra.—October-November shipments. South Sea, £14 12/6 (£l6) per ton; plantation, Rabaul, £14 15/ (£l6) per ton. Linseed Oil.~-£2B 10/ (£3l 10/) per ton. Turpentine.—3s/3 (36/3) per cwt.