OVERSEAS MARKETS

Auckland Star, Volume LXIV, Issue 160, 10 July 1933, Page 4

OVERSEAS MARKETS

I FROZEN MEAT. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London office, dated July 7, advising that the following are the approximate average prices realised for l the week, based on actual transactions of t wholesale quantities of the descriptions of . i meat mentioned, and are for representut tive parcels of the goods offering during t the week, being for business done on the « basis of delivered to Smithlield market I and/or ex London stores:— I Sheep.- Canterbury and North Island '' selected crossbred wethers and maiden •■ ewes, 48/561b 4%d per lb; 57/641b, 3%d; " 05/721b, 3%d; North Island, 48/561b, iVi<L\ ' 57/Q4lb, 3%d; 05/721b, 3%d; ewes, 48il> and I under, 3V6d; 48/041b, 3%d; 05/721b, 2%d. ! Lambs.—Canterbury, 361b and under, G%d; 37/421b, 094 d; 43/50lb, GVkl; second ' quality, average 321b, <id; other South 1 Island brands, x 361b and under, (>%d; ! 37/421b, o%d; 43/501 b, selected North ' Island brands, including Downs, 301b and '■ under, (> 7 /sd; 37/421b, 6%d; 43/Solb, OVad; ' second quality, average .'32lb, OV6d; other ' North Island brands, iirst quality, 361b

and under, G%d; 37/421b, oVsd; second quality, average 321b, 5%d. Australian Lambs. —Victorian, first quality, 36ib and under, liVsd; 37/421b, (id. Argentine Lamb.—First quality, 3011) and under, Cd; 37/421b, 5%d. New Zealand Beef. —Ox, fores 2 1 / id, hinds 2%d. Argentine Chilled Beef.—Ox, fores 2d, hinds 4%d. Australian Frozen Beet. —Ox crops, over 1001b, 2'/jjd; ox hinds, over lOUlb, 2%d. .Yew Zealand Porker Pigs.-GO/80]b, 4%d; 81/lOOlb, 'l'/id; 101/120lb, -1 , / id. Buconers: 120/IGOIb, 4%d. Lamb market: There has been slight reaction after rise. Consumption continues good, but slightly lower, owing to competition of home-killed. Mutton: wethers, market quiet and unchanged, with tendency easier. Kv.es: Easier, with poor demand. Beef: Depressed, owing to low prices of Argentine chilled beef. Neu Zealand porker pigs: Very little demand, owing to hot weather. Baeoners: (Steady, with slightly better demand. QUOTATIONS FOR METALS. LONDON, July 7. Following are to-day's quotations on the London metal market, compared with those of July 6: — July 7. July C. Per ton. Per ton. i; s. il. £ s. (1. Copper, stnn., spot . 38 11 -1} 38 1C 3 Copper, stan., 3 mos 38 1G 10i 38 18 0 •Copper, elect 42 0 0 4 a 30 O to to 43 O O 43 U 0 Copper, elec, wire liars 43 0 O 43 0 O Loud, soft, spot .. 13 10 3 13 15 O Load, soft, forward 14 1 3 14 0 0 Spcltor, spot 18 10 0 18 5 0 Spelter, torward . 18 D 0 — Tin,' .stan., spot ... 2'Jl (i 323 7 6 Tin, glim., A mos. 221 7 (i 2212 12 0 "American, 8.7.1 cents a lb, compared vith S.SU cents uu July C. Quotations for other metals are:—Pig iron, home trade, £3 2,0; export, £2 IS/o a. ton: antimony, British, £30 10/; foreign, £23 5/; molybdenite, £2 2/ a unit; wolfram, 17/ a unit. THE PRICE OF SILVER. LONDON, July 8. Silver is quoted at 18 l-16d per ounce for spot delivery and 18 3-16 d for forward. COTTON, RUBBER, JUTE, ETC. LONDON, July 8. (Quotations on July 1 in parentheses.) Cotton.—Spot, 6.40 d (6.SBd) a lb; August delivery, S.flOd (6.03 d). Rubber.—Para, 5%d (sMsd) a lb; plantation and smoked, 3 23-32 d (3 7-16 d). Jute.—July-August shipments, £16 15/ (£l7 8/9) a ton. Hemp. — July-August shipments, £14 15/. Copra.—July-August shipments. South Sea, £10 15/ (£lO 17/6); plantation, Rabaul, £10 17/6 (£11). Linseed 0i1.—£22 5/ (£22) a ton. Turpentine.—s2/3 (52/9) a cwt.