OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 276, 21 November 1932, Page 4

OVERSEAS MARKETS.

FROZEN MEAT. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London office, dated November 18, advising that tile following are the approximate average prices realised for fhe week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smitlifield market and/or ex London stores: —

Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b, 4%d per lb; 57/641b, 4%d; 65/721b, 4d; North Island, 48/5611), 4%<i; 57/641b, 4d; 65/721b, 3%d; ewes, 481b and under, 3%d; 48/6411), 3%d; 65/721b, 3d. Lambs.—Canterbury, 361b and under, 7d; 37/421b, 6d; 43/501b, sVid; second quality, average 301b, 5%d; other South Island brands, 361b and under, 7d; 37/421b, 5%d; 43/501b, sd; selected North Island brands, including down, second quality, average 301b, 5%d; other North Island brands, first quality, 361b and under-, 6%d; 37/421b, 5%d; second quality, average 301b, 5%d. Australian Lambs.—Victorian, first quality, 361b and under, 6%d; 37/421b, 5%d. Argentine Lamb.—First quality, 361b and under, 6d; 37/421b, 5%d. New Zealand Beef. —Ox, fores 3d, hinds 3%d.

Argentine Chilled Beef. —Ox, fores 4d, hinds 6Vzd.

Australian Frozen Beef.—Ox crops, over 1001b, 3/4 d; ox hinds, over 16011), 4%d. New Zealand Porker Pigs.—6o/100Ib, 5%d; 101/1201b, 5%d. Baconers: 121/1801b, sd.

Lamb market: Very firm at increased prices. Home-killed meat also advancing, biii more slowly. Mutton: Wethers and ewes firm in sympathy with other meat. Beef: Trade slow at the advanced prices. New Zealand porker pies: Market steady at better prices. Baconers: Nominal.

LITTLE CHANGE IN WOOL. LONDON, November 19. The London representative of the Australian Woolgrowers' Council, Mr. W. P. Devereux, reports that there is little change in the wool markets. Offerings are not excessive, and this should strengthen prices at the opening of the sales in London next week. At Bradford the export of tops continues satisfactory. Merinos are firm. THE PRICE OF SILVER. LONDON, November 19. Silver is quoted at 18 l-16d per ounce for spot delivery and 18% d for forward. COTTON, RUBBER, JUTE, ETC. LONDON, November 19. (Quotations on Nov. 11 in pai-entheses.) Cotton. —Spot, 5.61 d (5.60 d) a lb; December delivery, 5.32 d (5.37 d). Rubber. —Para, 5d (6d) a lb; plantation and smoked, 2 9-16 d (2 21-32 d). Jute.—November-December shipments, £15 10/ (£l6 5/) a ton. Copra.—November-December shipments, South Sea, £14 5/ (£l4 7/6) a ton; plantation, Rabaul, £14 12/6 (£l4 10/). Linseed Oil—£l7 10/ (£l7 15/) a ton. Turpentine.—sß/6 (58/6) a cwt.