OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 124, 27 May 1932, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. BUTTER MORE ACTIVE. CHEESE STEADIER. . (Received 11.30 a.m.) LONDON, May 26. 5 The butter market is more active. Danish, 100/ to 102/ per cwt; choicest salted New Zealand, 97/ to 23/; Austra- . lian, 97/; unsalted New Zealand, 08/ to . 99/; Australian, 08/. | Cheese is steadier. New Zealand, white, ; 57/; coloured, 58/; Australian, 55/ to 56/. MERCHANTS' CABLES. 3 - Messrs. Dalgety and Company, Limited, 3 report having received tho following cablegram from their London principals, ' Messrs. Samuel Page and Son, dated 25th ' instant: — 3 Butter: —More doing in the market. New - Zealand, finest salted, 06/ to 98/; Danish, • 100/; Australian, finest unsalted, 95/ to . 97/; finest salted, 05/ to 97/; g.a.q., 00/ to ' 03/. • Cheese. —The market rather better. New > Zealand, white, 56/ to 57/; coloured, 567 ' to 57/; Canadian, white, 70/ to 74/; col--5 oured, 68/ to 72/. : Messrs. Joseph Nathan and Co. have i received the following cable from their - London principals. Messrs. Trengrouse and Nathan, Tooley Street, dated May 26: / Butter.—9B/ per cwt. Upward tendency. Cheese.—s7/ per cwt. Firm. PRICES AT GLASGOW. ) Messrs. Norden and Co., Ltd., have > received the following cable from their > principals, Messrs. R. and W. Davidson, Ltd., London, Glasgow, etc., under date 26th instant:—Butter: Market steady, with indication further improvement. Unsalted, 94/ to 98/ per cwt, equivalent . to 9.89 d per lb, f.0.b.. Auckland; salted, 95/ to 97/, equivalent to 9.89 d per lb, | f.0.b., Auckland. Cheese: Market firm. White and coloured, 57/ per cwt, ( equivalent to 5.27 d per lb, f.0.b., Auck- . land. BRADFORD TOPS. LITTLE NEW BUSINESS. ; VALUES ARE LOWER. 1 (Received 11.30 a.m.) BRADFORD, May 26. At Bradford there is not much new . business. Recent top quotations were as under: —■ May May May May 5. 12. PJ. 23. Per lb. Perlb. Per lb. Per lb. d. d. d. d. Seventies .... 23 23 23 23 Sixty-fours ..21 21 21 201 Sixtien 20J 20J 201 20 Fli'ty-sixcs ... If. 10 10 10 Fifties 101 101 101 10 Fortj'-sixea ... 9 9 :i \) Forties 9 9 9 81 WORSE AND WORSE. POOR SALE FOR RABBIT SKINS. (Received 11.30 a.m.) LONDON, Mny 26. j At the rabbit skins 6ale 1244 bales were offered, and only 128 sold. Low grades sold at 10 to 20 per cent decline. Furriers' pulling sorts were unquotable owing to lack of business. PRICES FOR METALS. TIN SLIGHTLY FIRMER. LONDON, May 25. (Quotations on May 24 in parentheses.) Copper—Spot, £27 10/7% (£27 11/3); three months, £27 11/10% (£27 13/9). "Electrolytic Copper.—Spot, £31 15/ (£3l 15/); three months, £32 15/ (£32 15/). Wire Bars.—£32 15/ (£32 15/). Lead.—Spot, £9 18/9 (£lO 5/); three months, £10 6/3 (£lO 15/). Spelter— Spot, £12 1/6 (£l2 2/10); three months, £12 7i/G (£l2 13/9). Tin.—Spot, £123 8/9 (£123 2/6); three months, £125 13/9 (£125 7/6). •America 5.375 cents a lb, compared with 5.25 cents on May 23. THE WOOL SALES. (Received 11.30 a.m.) LONDON, May 26. At the wool sales 9551 bales were offered, including 4023 New Zealand. Approximately 5070 bales were sold. There was good general competition, with opening rates maintained. There were some withdrawals in Merkios owing to higli limits. New Zealand greasy crossbred, Te Paroc, top price 7%d per lb, average 6&d. Scoured halfbred, N, 15% d and 15d. BEET SUGAR. (Received 11.30 a.m.) LONDON, May 26. Beet sugar is quoted at 4/5% per cwt for June delivery. AUSTRALIAN PRODUCE. SYDNEY, May 26. Tho following are to-day's quotations on the Sydney produce market:—Wheat, ex I trucks Sydney, 3/3; at country stations, .2/8; flour, £10; bran, 90/; pollard, £5 5/. Potatoes: Tasmanian, to £7; Victorian, £5 10/. Onions: Victorian Brown Spanish, £19. A New Zealand shipment, due about Monday, is expected to meet a good market. Oats, 2/9. Maize, 4/6. Adelaide prices are:—Wheat, 3/1; flour, £7 10/; bran, £5 5/; pollard, £5 10/; oats, to 1/9. (Received 1 p.m.) MELBOURNE, this day. Wheat is quoted at 3/4 per bushel; flour, £7 17/6 per ton; bran, £4 10/; pollard, £5 5/; oats, 2/ to 2/ per "bushel; barley, unchanged; maize, 4/1; onions, steady, £14 10/ to £15. MORE WHEAT GROWING. (Received 1 p.m.) ROME, May 26. The International Institute of Agriculture estimates an increase of 6,000,000 acres in the world's wheat cultivation winter areas sown. WHEAT CARGOES, ETC. LONDON, May 26. Wheat cargoes are unchanged, and parcels are held for l%d advance. Futures: —London: June, 25/4 per quarter; September, 25/4%; December, 25/9. Liverpool: May, 5/4% per cental; July, 5/6; October, 5/7%; December, 5/8%. Spot trade is slow. Australian, ex ship, 28/6 to 29/. Flour is steady. Australian, ex store, 20/6 to 21/.