OVERSEAS MARKETS.

Auckland Star, Volume LXIV, Issue 136, 12 June 1933, Page 4

OVERSEAS MARKETS.

DAIRY. PRODUCE.

LONDON QUOTATIONS. THE BOARD'S REPORT. Tlie New Zealand Dairy Produce Board has received the following market report from it«s London ollice, dated June 9: — New Zealand Butter. li/U/:!;:. Last week. Last year. Salted .... SI/. 83/ 7S/, 81/ U4/, 00/ — t)Jd per lb f.o.h. Unsuited . SI/, SU/ SO/, 82/ 90/, 100/ Ist wlicy . 7-1/ 7-1/ — 2nd whey . 72/ 72/ — Tons. Tons. Tons. Deliveries . 1098 15S0 3 29(5 In store'-... 022G 0100 U2OO Australian: Salted, 79/. SI/ to 82/; uuf salted, 80/ to Si/. Deliveries: Australian, 1550 tons; in store, Australian. 5200 tons. Danish: 73/' f.0.b., 02/ spot. Dutch: Unsalted, 80/ to 90/. Latvian: Unsalted, SO/. Lithuanian: Salted, 77/ to 73/; unsalted. 78/. Market firm. New Zealand retail price unchanged, lOd. Danish retail price unchanged, lid find 1/. New Zealand Cheese. 0/0/33. Last week. Last year. White 48/0, 40/ 47/0, -IS/ 54/, 54/0 =SJU per lb f.o.b. Coloured . 51/, 51/0 53/, 54/ 54/, 54/0 Crates. Crates. Crates. Deliveries . 17,31s IS,Oil 20,500 lu store .. 117,7-11 117,500 103,230 Australian:" White, 47/ to 47/6, ex. 4S/; coloured, 52/. Canadian: White, GO/ to 72/; c.i.L, 54/. Deliveries: Canadian, 3800 boxes; in store, Canadian, 57,45S boxes. English finest farmers', 80/ to 103/. JJarket firm. Xew Zealand retail price unchanged, 6d. The board has also received the following advice from its agents in Canada:— Butter: Xew York, cents; Montreal, lS'/i cents.

LOCAL EXPORT KATES. The current schedule of export meat rates in the Auckland province is as follows Lambs—3olb, 4%d; 371b to 421b, 3%J; 431b and over, 3i4d; seconds, 4d. Wethers.—4Blb, 3d; 401b to 561b, 2%d; 571b to 041b, 2%c1; (i";lb to 721b, l%d; over 721b, VAd.; seconds, 2%d. Ewes.—4Blb, lVSsd; 491b to 561b, 11/ id;l 1 /id; 571b to 641b, Id; Cslb and over, %d; seconds, Id. Beef.—Prime ox, 5601b to SSOlb, 14/ per 1001b. overs, unders and seconds, 10/; boner bulls,. 0/; prime cow, 9/; boner cow and seconds,> 7/. Pi^s. —SOIb, 4V4d: Sllb to 1001b, 4d; 1011b to 1201b, 3%d; 1211b to 1501b, 3V4d. MERCHANTS' CABLES. Joseph Nathan and Co. have received the following cabled quotations from London:—Butter: 82/ per cwt. Cheese: White, 48/6 per cwt; coloured, 53/6. The market is quiet and steady. Messrs. Allen and Findlay, Ltd., liave received the undermentioned cabled report from their principals, Messrs. Armour and Co., Ltd., London: —Butter: Firm. New Zealand, salted, 81/ to 83/; unsalted, 81/ to 84/; Australian, salted, 80/ to 82/; unsalted, 81/ to 84/; Danish, 92/ to 94/. Cheese: Firm. New Zealand, white, 48/ to 49/; coloured, 54/; Australian, 47/ to 51/6; Canadian, 66/ to 72/. FROZEN MEAT. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London office, dated June 9, 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 Kortli Island selected crossbred wethers and maiden ewes, 481b to 561b, 4d per lb; 571b to 641b, 3'/&d; 051b -to ' 721b, 3%d; North Island, 48lb to 561b, 3%d; 571b to ,641b, 3 1 / id; 651b to 721b, 3%d; ewes, 481}) and under, 3%c1; 481b to 641b, 3d; 651b to 721b, 2%d. Lambs.—Canterbury, ' 361b and under, 6%d per lb; 371b to 421b, OVid; 431b to 501b,'5%d; second quality, average 321b, 5%d; other South Island brands, 361b and under, 6%d; 371b to 421b, 6%d; 431b to 501b,' 5%d; selected- North Island brands, including Downs, 361b and under, 6%d; 371b to 421b, 6%d; 431b to 501b, 5%d; second quality, average 321b, 6d; other North Island brands, first quality, 361b and under, 6%d; 371b to 421b, 6%d; second quality, average 321b, 5%d. _ Australian Lambs. — Victorian, first quality, 361b and under, 5%d per lb; 371b to 421b, 5%d. Argentine Lamb.—First quality, 361b and under, 5%d per lb;- 371b to 421b, 5%d. New Zealand Beef.—Ox fores, 2%d per lb; ox hinds, 2%d. Argentine Chilled Beef.—Ox fores, 2%d per lb; ox hinds, 4%d. Australian Frozen Beef.—Ox crops, over 1001b, 2%d per lb; ox hinds, over 1601b, 2%d. New Zealand Pigs.—Porker, 601b to 801b, 4%d per lb; 811b to 1001b, 4%d; 1011b to 1201b, 4%d; baconcr, 1201b to 1601b, sd. Lamb: Market continues strong with advanced prices. Prices ruling to-day are %d to V*d higher than quotations. Mutton: Wethers and ewes firmer, in sympathy with lambs, with the demand improving. Frozen beef: Market depressed, owing to extremely low prices Argentine chilled beef. New Zealand porker pigs: Warm weather has stopped demand. Baconer: Quiet, with trade slow.

QUOTATIONS FOR METALS. LONDON, June 9. Following are to-day's quotations on the London metal market, compared with those of June 8:— June 9. June 8. Per ton. Per ton. £ s. d. £ s. d. Copper, stnn., spot 37 C 3 37 6 10J Co Ei,,", l,n V.'.' r ™ 37 11 3 37 10 7, ♦Copper, electro. . 42 0 0 42 5 0 to to 42 10 0 43 5 0 Copper, elec., wire bars 42 10 0 43 5 0 Lead, soft, spot . 13 10 0 13 10 0 Lead, soft; forward 13 16 3 13 15 0 Spelter, spot .... 17 0 0 .16 16 3 Spelter, forward . 16 17 6 16 16 3 Tin, stan,, spot .. 227 7 6 221 7 6 Tin, stan., 3 mos. 227 7 0 221 7 G ♦American, 8 cents a lb, same as on June 8.

THE PRICE OF SILVER. (Received 11 a.m.) LONDON, June 10. Silver is quoted at ID 5-16 d per ounce i for spot delivery and at 19 5-16 d for forward. COTTON, RUBBER, JUTE, ETC. (Quotations on May 3 in parentheses.) Cotton.—Spot, 0.12 d (6.37 d) a lb; July delivery, 5.84 d (6.09 d). Rubber. —Para, 5%d (5%d) a lb; plantation, and smoked, 3%d (3 9-lGd). Jute.—June-July shipments, £17 18/9 (£lB 15/) a ton. Hemp.—June-July shipments, £14 10/. Copra.—June-July shipments, South Sea, £11 7/6 (£ll 12/6) a ton; plantation, Rabaul, £11 10/ (£ll 15/). Linseed Oil.—£2l (£2l 5/) a ton. Turpentine.—6o/3 (61/9) a cwt. TALLOW STATISTICS. LONDON, June 10. Tallow statistics at the end of May, •compared with the previous three months, were:— Feb. Mar. April. May. Casks. ' Casks. Casks. Casks. Stocks 1615 1774: 1800 1027 Imports ...«• 647 787 514 1109 Deliveries 203 57S 488 , 982