OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 98, 27 April 1932, Page 4

OVERSEAS MARKETS.

5 ' PRICES FOR METALS. ALL-ROUND INCREASES. 1 LONDON, April 25. . (Quotations on April 20 in parentheses.) ' Copper .-Spot, £30 12/6 (£29 12/6); , three months, £30 18/9 (£3O 1/3). Electrolytic Copper.—Spot, £34 10/ (£34); three months, £35 (£35). ' Wire Bars.— £35 (£35). i Lead.—Spot, £11 16/3 (£ll 6/3); three i months, £12 1/3 (£ll 12/6). > Spelter.—Spot, £12 11/3 (£l2 7/6); three months, £12 15/ (£l2 7/6). 1 Tin—Spot, £117 7/6 (£IOB 8/9); three • months, £119 12/6 (£llO 8/9). DAIRY PRODUCE. Messrs. Joseph Nathan and Co. have received the following cable to-day Lorn their London representatives:— Butter.—New Zealand, 100/; Danish, 94/, f.o.b. Cheese.—White, 59/; coloured, GO/. The New Zealand Producers' Co-opera-tive Marketing Association have to-day received a cable from their London office date April 26, reading as follows: —Both i markets, owing poor demand, _ prices • declined still further." Butter: New Zca- ; land, 100/ to 101./; unsalted, 106/ to 108,'; , Danish, 110/. Cheese: White, 59/; coloured, : 60/. WHEAT CARGOES, ETC. (Received 9.30 a.m.) LONDON, April 20. Wheat cargoes are quiet, sellers asking advances of 3d to 6d, owing to better foreign advices and the sharp fall in sterling. Parcels opened 6d to 9d clearer, with buyers reserved. Futures: London, .lime, 25/6 per 4901b; September, 25/11; December, 26/5; Liverpool, May, 5/2% per cental; July, 5/5 7 /s; October, 5/3',i. SYDNEY WOOL SALES. SYDNEY, April 26. The Sydney wool sales resumed to-day. Values were equal to those of the last series. Yorkshire was the chief operator, fair support coming from Japan, France, Germany and America, the last-named being keen for superfine lines. Greasy Merino made 20% d. A total of 9041 bales was offered, and 7991 were sold at auction, also 392 privately. CHICAGO WHEAT VALUES. CHICAGO, April 2G. Wheat for delivery in May is quoted at 57% cents per bushel, for delivery in July at 59% cents, for September delivery 62 cents and for December 67% cents. TALLOW, HEMP, FRUIT. The Department of Agriculture lias received the following cablegram, dated 23rd instant, from the High Commissioner for New Zealand, London: — Tallow—Market continues quiet, and little business lias been done, with no material change in values. Hemp—Manila: Market dull and neglected. Value K grade for April-June shipment £17. Output from January 1 to April 11, 273,000 bales, against 372,000 for same period last year. Stocks in the United Kingdom at March 31 24,482 bales, against 7205 bales same time last year. Sisal: Market dull and easier. No. 1 fair average quality for April-June shipment 6old at £14 5/. New Zealand: Market unchanged. Nominal value of April-June shipment on the basis of fair £15. Stocks in London on March 31 125 tons, against 40 tons same time last year. Fruit—Apples: Ex s.s. Otira. Wellington and some Auckland Cox's Orange, particularly large sizes, over mature and wasty. S.s. Coptic consignment, definite evidence of frost on Cox's Orange, also indications of having been shipped over mature. Official temperature range was maintained, and therefore shipping companies are not liable. Other varieties arrived in good condition. Current prices for Cox's. Orange, in a fair condition. 12/ to 16/; wasty, 8/ to 10/. Condition hampering trade generally. Jonathan. 11/ to 13/: Dunn's Favourite, Alfriston, Lord Wolseley. Parlin Beauty. Worcester Pearmain, Reinette du Canada. Mackintosh Red, and Ribston Pippin, 10/ to 11/6. PRICE OF SILVER. (Received 11.30 a.m.) LONDON, April W. Silver is "quoted at 17d per ounce for , spot delivery, and 17 I-16d for forward.