OVERSEAS MARKETS.

Auckland Star, Volume LXIII, Issue 288, 5 December 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 December 2, advising that the following are the approximate average prices realised for the 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 Smithfield market and/or ex London stores: — ' - Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b, 4%d per lb; BMWb, 4%d; 65/721b, 4%d; North Island, 48/561b, 4%d; 57/641b, 4%d; 65/721b, 4%d; ewes, 481b and unto, 4%d; '4S/641b, 3%d; 65/72 b, 3d Lambs. — Canterbury, 37/421b, 5%d; 43/501b, 5%d; second quality, average 301b, 5%d; other South Island brands, 361b and under, 7d: 37/421b, 5%d; 43/501b, sV*d; selected North Island brands, including Downs, second quality, average 301b, 5%d; other North Island brands, second quality, average 301b, 5%d. . . Australian Lambs.—Victorian, first quality, 361b and under, 6%d; 37/421b, o%d. Argentine Lamb.—First quality, 361b and under, 6d; 37/421b, 5%d. New Zealand Beef.—Ox, fores 2%d, hl Ar!entaTe Chilled Beef.-Ox, fores 3%d, hinds 5%A. ' Australian Frozen Beef .—Ox crops, over lOOlb, 3%d; ox hinds, over 1601b, 4%d. New Zealand Porker Pigs.-60/100 lb, 5%d; 101/1201b, 5%d. Baconers: 121/1801b,:

5d Lamb market: Shade easier, but consumption satisfactory for the time of year. Home-killed supplies continue heavy. Mutton: Wethers firm at better prices. Ewes steady. New Zealand beef: Trade slow, owing to lower prices Argentine chilled beef. New Zealand porker pigs: Steady trade at unchanged prices. Baconers: Nominal.

COTTON, RUBBER, JUTE, ETC. LONDON, December 3. (Quotations on Nov. 25 in parentheses.) Cotton.—Spot. 5.30 d (5.44 d) a lb; January, 5.04 d (5.12 d, December). Rubber.—Para, 5d (sd) a lb; plantation and smoked. 2 19-32 d (2%d). Jute. — December-January shipments, £15 10/ (£ls 12/6, November-December), a ton. Copra.—Decembc r- January shipments, South Sea, £14 5/ (£l4 5/, NovemberDecember), a ton; plantation, Rabaul, £14 7/6 (£l4 12/0). Linseed Oil—£l7 15/ (£l7 10/ a ton. Turpentine.—6l/9 (58/6) a cwt. SALES OF HIDES. LONDON, December 3. At the hides sales to-tiay quotations were:—Meat works: Dry. salted, Queensland. 351b to 451b, 5%d; 301b to 401b, 5%d; 251b'to 351b, 4%d; 201b to 301b, 4%d. New South Wales, 5%d, 5%d, 5%d, 5%d. Wet, salted, Queensland, 501b to 601b, 4%d; 401b to 501b. 4d. New South Wales, 4%d, 4d. Victorian abattoirs, 4%d, 4d. THE PRICE OF SILVER. (Received 11 a.m.) RUGBY. December 3. Silver is quoted at 17% d per ounce for spot delivery, and 17d for forward. CHICAGO WHEAT VALUES. (Received 11 a.m.) CHICAGO, December 3. W-hcat for delivery in December is quoted, at 43% cents per bushel; for delivery in. May at 47% cents; for July 48%-ce^,