OVERSEAS MARKETS.

Auckland Star, Volume LXII, Issue 143, 19 June 1931, Page 4

OVERSEAS MARKETS.

BRADFORD TOPS. MARKET WEAK. (Received 11 a.m.) LONDON, June IS. Bradford reports the market weak, and business practically nil. To-day's quotations compare as follow with those previously cabled:— May May June June June 21. 28. 4. 11. IS. d. d. d. d. d. Sixty-fours 23J 21 J 22 21,} 21 Sixties) 22 20 21 20 20 Fifty-sixes .... 15 14J 14 18J 13>. Fifties 12 12 12 12 12" Forty-sixes .... 10 10 OJ !) flj Forties 10 10 9J 0 9J AUSTRALIAN PRODUCE. SYDNEY, June 18. The following are to-day's quotations on the Sydney produce markets: —Wheat: Ex trucks at Sydney, 2/3; at country stations, 1/8. Flour: £10 10/. Pollard: £4. Bran: £3 10/. Potatoes: Tasmania!), £6 10/; Victorian. £4 10/. Onions: Victorian, £5 10/ to £6. Oats: White, 2/6; Algerian, 2/3. Maize, 3/10. (Received 11 a.m.) MELBOURNE, this day. Wheat is quoted at 2/6 per bush-el; flour, £6 15/ per ton; bran, £3 15/; pollard, £4 5/; oats, 2/1 to 2/2 per bushel; , barley, English, 2/7 to 2/9; maize, 4/3 to , 4/4. AMERICAN WHEAT STOCKS. WASHINGTON, June 17. The Federal Farm Board will not pledge itself to withhold stabilisation of wheat prices from, the domestic markets for another year. The board intends to pursue its policy of handling wheat in such a way as to impose a minimum ■burden upon domestic and world prices. The board does not desire to have itself committed so that it can take advantage of any favourable market to dispose of part at least of the huge stocks.

BEET SUGAR. LONDON, June 18. Beet sugar is quoted at' 6/3% for July delivery. DAIRY PRODUCE. BUTTER AND CHEESE QUIET. (Received 11 a.m.) LONDON, June 18. Butter is quiet. Danish, 118/ per cwfc. Choicest salted: New Zealand, 110/ to 111/; Australian, 106/ to 107/. Unsalteds about 4/ premium. Cheese is quiet. New Zealand, white, 53/ to 54/ per cwt; coloured, 50/ to 57/; Australian, white, 53/; coloured, 55/. MERCHANTS' CABLES. Amalgamated Dairies, Ltd., have to-day received the following market report from their London office:—Butter: Anchor, reduced 112/. Market very slow. Other finest now generally 110/. Danish easier, 112/, f.o.b. Retails unchanged. Cheese: White, 53/ to 54/; coloured, 56/ to 57/. Market still very slow. Retails unchanged. Messrs. Norden and Co., Ltd., have received the following cable from their principals, Messrs. R. and W, Davideon, Ltd., London and Glasgow, under date 18th inst.:— Butter: 108/ to 110/. Market very slow. Cheese: White, 53/ to 55/; coloured, 50/ to 57/. Market quiet. Messrs. Dalgety and Com'pany, Limited, report having received the following cablegram from their London principals, Messrs. Samuel Page and Son, dated 18th instant:—Butter: The market is quiet. New Zealand, finest salted, ]0&/ to 111/; Danish. 116/ to 118/; Australian, finest, unsalted, 106/ to 109;/; finest salted, 10-1/ to 107/; g.a.q., 100/ to 103/. Cheese: The market is slow. New Zealand, white. 53/ to 54/; coloured, 56/ to 57/; Canadian white, 64/ to 74/; coloured, 64/ to 74/; c.i.f., 55/ to 56/.

CHICAGO WHEAT VALUES. (Received 11 a.m.) CHICAGO, June 18. Wheat for delivery in June is quote 1 at GS% cents per 'bushel; for delivery in July at 56% cents; for September delivery, 56Ya cents, and for December 59% cents. FROZEN MEAT. Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house, dated 18th instant:—Canterbury lamb. 28/361b, 7%d per lb; 36/421b, 7%d; second quality, 6 7 /sd; 42/501b, 7%d; North Island, 28/361 b, 7%d per lb; 36,'421b, 7Vsd; second quality, 6%d; 42/50! l>. 6%d. In the market for New Zealand lam'b any change ie in favour of buyers. The demand is moderate. Canterbury mutton, 48/561b, 5%d per lb; 56/641'b, sd; 64/721b, 4%d; 48/641 b, 4d; North Island, 4S/561b, 5%d per lb; 56/6411), 4%d; 64/7211-), iV*d; 48,'641b, 3%d. The market for New Zealand mutton is weak. The demand is quiet. G.a.q., Australian lamb. 28/361b, 6d per lb; 36/42Tb, 6d; 28/361b, 5%d. The market for Australian lamb is unchanged. The demand is moderate. G.a.q. Australian mutton, 40/601b, 4d per lb; f.a.q., 30/551b, 3%d. The market for Australian mutton is weak. The demand is poor. Beef. —New Zealand prime ox beef, hinds, 3d; fores, 2%d; Argentine, ehilled, hinds, Cd; fores, 2Msd. The market for New Zealand beef is nominal. The demand 18 Pork—English pork, 80/100lb, 9d; New Zealand porkers, 80/1001b, 5%d; 100/]2olb, sd. The market for New Zealand pork is unchanged. The demand is limited.