OVERSEAS MARKETS.

Auckland Star, Volume LXII, Issue 285, 2 December 1931, Page 4

OVERSEAS MARKETS.

PRICES FOR METALS

ALL ROUND RECOVERY

LONDON, November 30. (Quotations on November 26 in parentheses.) Copper—Spot, £36 3/9 (£32 4/3); three months, £36 15/7% (£32 18/9). Electrolytic Copper.—Spot, £41 (£38); three months, £44 (£4O). Wire Bars—£44 (£4O). Lead—Spot, £15 (£l4 11/3); three months, £14 15/ (£l4 7/6). Spelter.—Spot, £14 (£l3 13/9); three months, £14 7/6 (£l4). Tin.—Spot, £136 C/ 3 (£135 6/3); three months, £139 1/3 < 10/10%).

LONDON WOOL SALES,

(Received 10 a.m.)

LONDON, December 1

At the wool sales 11,411 bales were offered, including 5602 New Zealand, whereof approximately 8531 were sold. There was good Yorkshire and Continental competition. Late rates were fully maintained. The bulk of the offerings were cleared. Scoured combings, New Zealand, Dun, top price 17d, average 16?4d. New Zealand greasy crossbred, Motonui, lOd and 9d; slipes, Balclutha, 12% d and 9%d.

DAIRY PRODUCE. Messrs. Joseph Nathan and Co. have received the following cable from their London principals, Messrs. Nathan and Trengrouse, dated London, December 1: — Butter: Finest, 108/ per cwt; first, 106/. Cheese: New Zealand, white. 66/ per cwt; coloured, 62/. Both markets firm on shortage of supply; landing delayed on account of fog.

The New Zealand Producers' Co-opera-tive Marketing Association, Limited, have received a cable .from their London office dated December 1, reading as follows:— Butter: Steady, with more inquiry. New Zealand. 106/ to 109/; Danish, 136:/ to 137/. Cheese: Firm, with more inquiry. White, 65/ to 66/ per cwt; coloured, 62/ to 63/.