OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 137, 11 June 1932, Page 4

OVERSEAS MARKETS.

PRICES FOR METALS. SHARP FALL IN TIN. LONDON, June 9. (Quotations on June S in parentheses.) Copper.—Spot, £20 9/4% (£2O 10/ 10%); three months, £20 6/3 (£2O 10/3). Electrolytic Copper.—Spot, £30 (£3O 10/); three months, £31 in/ (£3l It)/) Wire Bars.— £31 ]<)./ (£3l 10/). Lead.—Spot, £9 3/9 (£9 13/9); three months, £9 15/ (£10). Spelter.—Spot, £11 7/6 (£ll 15/); three months, £11 15/ (£l2). Tin.—Spot. £109 7/0 (£lls 10/3); three months, £111 17/0 (£ IIS 1/3). FROZEN MEAT. PRICES AT SMITHFIELD. The Bank of New Zealand has received the following report from its London oflice, as at the close of business this week:—Wethers: The demand for lighter weights i* good. Kwcs: The market is steady, and no material change is expected yet. Lambs: There is a fair demand. The market is over-oupplied, and prices .are affected in consequence. Wethers: Light, 3%d to 4'id per lb; heavy, 3d to 3%d. Ewes: 2 1 / 4 dto 3d. Lamb's: Twos, o'Ail to 6%d; eights, (S%d to o%d; fours, (id to O',4d; seconds, 5%d to 5%d.

DAIRY PRODUCE. Messrs. Allen and Findlay have received the undermentioned cabled report from their principals, Messrs. Armour and Company, dated London, Juno 10:— Butter.—Market slow. New Zealand, salted, 94/ to 00./; unsalted, 90/ to 08/; Australian, salted. 94/ to 06/; unsalted, 94/ to 96/; Danish, 97/ to OS/. Cheese. —Market quiet. New- Zealand, white, 54/ to 55/; coloured, 54/ to 55/; Australian, not quoted; Canadian, white and coloured, CC/ to 72/. New Zealand Producers' Co-operative Marketing Association have to-day received a cable from their London ollice, dated June 10. reading as follows:— Butter: Dull. New Zealand. 04/ to 96/; Danish, 98/ to 100/. Cheese: Quiet. White, 54/; coloured, 54/. Mr. 11. S. Withers has received the following cable from his London principal, Mr. A. C. Itovvfion, daited 10th instant:— Cheese: 54/. Butter: 94/ to 95/. Both markets very slow, but fairly steady. Messrs. A. H. Turnbull and Co. are in receipt of a cable from their principals Messrs. W. Weddel and Co., Ltd., dated London, loth inst., rending: an followsButter: Danish. 98/ to 100/; New Zealand, finest ealted, 94/ to 96/; Australian, 03/ to 95/. Market slow. Cheese: New Zealand, white and coloured, 54/. Market quiet. CHICAGO WHEAT VALUES. (Received 10 a.m.) CHICAGO, June 10. Wheat for delivery in July is quoted at 51 cents per bushel, for delivery in September at 53 1 A cents, for December delivery 56% cents. LONDON TALLOW MARKET. (Received 11 a.m.) LONDON, June 10. Tallow stocks total 2690 barrels. Imports were 1166 and deliveries 796. PEARS IN LONDON. (Received 11 a.m.) LONDON, June 10. The Port Napier's New Zealand pears sold as follow:—Half-cases Winter Nclis, 7/ to 8/. THE PRICE OF GOLD. (Received 11 a.m.) LONDON, June 10. Gold is quoted at £5 12/9 per ounce. COMPANY AFFAIRS.

NATIONAL MORTGAGE. INTERIM DIVIDEND 5 PER CENT. (Received 11 a.m.) LONDON, June 10. The directors of the National Mortgage and Agency Co. have declared an interim dividend of 5 per cent, tax free. Last year the company paid 5 per cent for the interim and 2Vz per cent for the final distribution.