OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 285, 1 December 1932, Page 4

OVERSEAS MARKETS.

QUOTATIONS FOR METALS. , FURTHER FALL IX TIN. < LOXDOX, November 29. Following are to-day's quotations on the London metal market, compared with . those of November 28:— ' Nov. 20. Nov. -2S. < Per ton. Per ton. < £ s. d. t s. <J- * Copper, stan.. spot 32 3 :> «2 (5 ;; 1 Copper, stan., 3roo«. 83 10 7J 32 13 H Copper, electrolytic 37 0 0 o7 0 37 10 0 37 10 (» \ Conp-er, elec, wire „-.,„,. 1 tors S7 10 0 1 10 > 1 Lead, soft, spot .. 1113 l> 1113 « < Lead, soft, forward 1117 t» 31 17 i> Spelter, spot 14 IT 0 15 0 0 Spelter, forward . lo « 0 1.1 - i> Tin. stan., spot .. 130 12 t. Jsl 8 J Tin, stan., 3mos. . 10l 17 0 1«j- la J LONDON WOOL SALES. (Received 11 a".m.) LONDON, November 30. At the wool sales 10,462 bales were offered, including 4942 New Zealand. Approximately 8385 were sold. New Zealand greasy crossbred, Maka, top puce 10d and 7%d; slipe half bred lamb, Pareora, 12%dj scoured combing, Rhoboro Downs, 17d and 16% d. DAIRY PRODUCE. Messrs. A. 11. T-nrnbuH and Co. arc in receipt of a cable from their principals, Messrs. W. Weddel and Co., Ltd., dated London. November 30, reading as fol]oW6:__Bntter: New Zealand, 90/ to 92/; Australian, 85/ to 88/. Market weak. : Cheese: Mew Zealand, white, 63/ to 64/; coloured, 60/ to 62/. Market firm on ; account of small supplies. . _ Messrs. Joseph Nathan and Co. have received tho following cable from their London principals. Messrs. Trcngrouse and Nathan, Tooley Street, dated November 30:—Butter: 88/ per cwt. Very quiet. Cheese: Quoted to land at 62/ to 63/ per cwt for white, and coloured l/ premium. New Zealand Loan and Mercantile Agency, Ltd., have received the following cable from their London office: —Butter: New Zealand, 89/. Market stow. Cheese: Small supplies available, 64/ to 66/. CONFIDENCE IN MARKET. According to the "Evening Post," Wellington, a certain amount ot' business in forward buying of butter, and some of it in the Soutii island, has been reported at from i)Vid to 9'/£d, which is above export value at the present time by about %d per Ib. The shipments are for December, January and February. Small parcels only have been bought on these terms. On the other hand, some buyers report that offers of 9%d to 9%d have been made to some North Island factories and have not been taken, indicating that the companies approached with these offers have more confidence in the future price of butter than the buyers.