OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 160, 8 July 1932, Page 4

OVERSEAS MARKETS.

LONDON SHEEPSKIN SALES. POOR TRICES REALISED. (Received 10 a.m.) LONDON, July 7. At (he sheepskin sales 4794 bales were offered, including <iS6 New Zealand. There was a good attendance of home and Continental buyers, with fair competition. About 70 per cent of the offering was sold. Compared with May sales, Australian Merinos, finest crossbred combings were unchanged; medium and low crossbreda, short horns, were 5 per cent cheaper; New Zealand finest crossbred combines, hoggets, were 5 per cent dearer; all other New Zealand sorts were 5 per cent cheaper. PRICES FOR METALS. TIN AND COPPEK FIRMER. LONDON , , July 7. (■Quotations on July 5 in pavent-hesee.) Copper.—Spot. £27 6/3 (£27 3/1%); three months, £26 16/3 (£26 9/4%). Electrolytic Oppcr.—Spot, £30 10/ (£3O 10/); three months, £31 10/ (£3l Wire Bars.—£3l 10/ (£3l 10/). Lead.—Spot, £10 (ClO 5/).; three months, £10 8/0 (£lO 13/0). Spelter.—Spot, £11 13/9 (£ll 15/); three months, £12 5/ (£l2 6/3). Tin.—Spot. £1'24 2/6 (£123 15/); three months, £125 7/0 (£125 S/9). LONDON WOOL SALES. (Received 10 n.m.) LONDON, July 7. ■U the wool pales 10,002 bales were offered, including 3533 New Zealand. About 725,5 were sold. There was an attractive selection, with good home and Continental competition. Prices were fully firm. New Zealand crossbred*. Otcmatatu, top price 15% d, average 14% d. WHEAT CARGOES, ETC. (Received 12.30 p.m.) LONDON, July 7. Wheat cargoes arc firm and parcels in better demand. Futures: London, September 22/10 per quarter; December, 23/; Liverpool. July, 4/10 per cental; October, 4/11%; December, 5/0%. Spot-trade is slow Australian, ex ship, 24/9 per quarter. Flour is dull; Australian, ex store, 18/9 to 19/. Oats ave neglected; Australian Algerian, 16/G to 17/6; A Cartons, 23/ to 24/. Peas are in poor demand; Blue Tasman!an, 380/ to 400/; New Zealand. 340/ to 360/; Maples Tasmanian, 69/ to 70/; New Zealand, 65/ to 07/. New Zealand beans, 29/ to 30/. THE PRICE OF SILVER. (Received 1 p.m.) LONDON, July 7. Silver is quoted at 16% d per oz for spot and for forward delivery. (Received 10 a.m." LONDON, July 7. Gold ie quoted at £5 15/8 per ounce. AUSTRALIAN PRODUCE. SYDNEY, July 7. Following are to-day's quotations on the Sydney produce market:—Wheat: Ex trucks, Sydney, 2/11%; at country stations, 2/4%. Flour: £10. 'Bran and pollard: £5 5/. Potatoes: Tasmanian, £7 10/; Victorian, £6. Onions: Victorian, Japanese, £23. Oats: 2/6. Oaten hay: £7 10/. Maize: 4/10 to 5/. Adelaide prices are:—Wheat, 2/9. Flour, £7 10/. Bran, £5 5/. Pollard, £5 10/. Oate.'to 1/9. (Received 10 a.m.) MELBOURNE, this day. Wheat, 3/2% to 3/3 per bushel. Flour, £8. Bran £5 10/. Pollard, £5 10/. Oats, 2/ to 2/1 per bushel. Barley, English, 3/3 to 3'4. Maize, nominal. 4/6. Onions, firm, £19 10/ to £20 per ton.