OVERSEAS MARKETS

Auckland Star, Volume LXIII, Issue 122, 25 May 1932, Page 4

OVERSEAS MARKETS

PRICES FOR METALS. TIN AND COPPER EASIER. LONDON, Slay 23. (Quotations on Slay 19 in parentheses.) Copper.—Spot, £27 11/10% (£2B 9/4%); three months, £27 14/4% (£2B 13/IV2). 'Electrolytic Copper.—Spot, £31 15/ (£32); three months, £32 15/ (£33 10/). Wire Bars.—£32 15/ (£33 10/). Lead.—Spot, £10 6/3 (£lO 13/9); three months, £10 16/3 (£ll 1/3). Spelter.—Spot, £12 5/ (£l2 13/9); three months, £12 10/ (£l3). Tin.—Spot, £122 2/6 (£125 15/); three months, £124 2/6 (£127 13.9). •American, 5.25 cents a lb, compared with 5.375 cents on Slay 19. TALLOW, HEMP, FRUIT. The Department of Agriculture has received the following cablegram, dated Slay 21, from the High Commissioner for New Zealand, London:— Tallow. —Slarket quiet, and prices have slightly declined. Hemp.—Slanila: Slarket steadier, with little more interest shown. Closing value for Slay-July shipment, £15 15/. AugustOctober shipment sold at £16. Output from January 1 to Slay 17, 354,000 bales, against 485,000 bales for the same period last year. Stocks in the United Kingdom at April 30, 27,086 bales, against 9712 bales for the same time last year. Stocks in Slanila 95,000 bales, against 120,600 bales | for the same time last year. Sisal: Slarket steadier. N°- 1 f ;i > r average quality tor April-June, Slay-July shipment sold at £14 5/; and for August-October shipment, £14 10/. New Zealand: Slarket continues dull, with nominal value easy on the basis of fair for Slay-July shipment, £14: to £14 10/. Stocks in London at April 30, 190 tons, against 24 tons for the same time last year. Fruit.—Apples: Quantity of Cox's Orange still in the market and difficult to sell; 7/ to 18/. For other varieties demand is good, and clearing quickly at fr-»m 10/ to 12/. Otago apples: S.s. Tamaroa consignment of Cox's Orange selling at 12/ to 20/; others, 10/ to 12/. S.s. Port Brisbane now discharging. Pears: Slarket fairly good. S.s. Tamaroa consignment in variable condition. Winter Cole, 5/ to 16/; Winter Nelis, 10/ to 16/; P. Barry, 11/ to 14/; Josephine, 10/ to 15/; Beurre Bosc, 13/6 to 16/. Large quantities of Australian and Tasmanian fruit in the market. DAIRY PRODUCE. New Zealand Producers' Co-operative Marketing Association have to-day received a cable from their London office, dated Slay 24, reading as follows:— Butter. —Steady, with more inquiry. New Zealand, 94/ to 95/; unsalted, 96/; Danish, 100/. Cheese.—Slow. White and coloured, 55/. Slessrs. Joseph Nathan and Co. have received the following cable from their London principals, Slessrs. Trengrouse and Nathan, Tooley Street, dated Slay 24:— Butter.—96/ per cwt. Cheese. —White and coloured, 55/ to 56/ per cwt. Slarket firmer.