OVERSEAS MARKETS.

Auckland Star, Volume LXV, Issue 21, 25 January 1934, Page 4

OVERSEAS MARKETS.

LONDON BUTTER MARKET. SLIPPED AGAIN. Messrs. A. H. Turnbull and Co., Ltd., report receipt of a cable from their principals, Messrs. W. Weddel and Co., Ltd., dated Loudon, 24th instant, reading:—Butter: Danish, 87/ to 88/; New Zealand salted, 07/ to 68/; Australian salted, 02/ to 64/. Cheese: New Zealand, white, 41/ to 42/; coloured, 42/ to 44/. Both markets quiet.

Messrs. Joseph Nathan and Co. have received the following cable from their London principals, Messrs. Trengrouse and Nathan, Tooley Street, dated January 24:—Butter: 68/ to 69/ per cwt. Cheese: White, 4.1/6 to 42/6 per cwt; coloured, 43/. Both markets very quiet.

THE PRICE OF GOLD. AMERICA'S PURCHASES. LONDON, January 24. Gold is quoted at £6 12/10 per ounce. America purchased £800,000 sterling, all that was offered. The following table shows recent fluctuations in the price of fine gold at per ounce:— „ Per 07. Per oz. v £ s. d. £ s. d. Dec 23 . 6 6 4 .Tan. 10 . 6 7 1 Dec. 27 . 6 6 5 .Tan. 11 . 6 7 1 Dcc. 28 .6 0 3 Jan. 12 . 6 7 1 Dec 29 .6 6 2 Jan. 13 . 6 7 11 Dcc". 30 . 6 6 6 Jan. 15 . 6 8 6 Jan. 2.6 7 0 Jan. 16 . 6 11 9 Jan 3' . <> 7 C Jan. 17 . 611 6 Jan. 4.6 7 6 Jan. 18 . 6 12 10 Jan. 5 . 6 7 6 Jan. 19 . 6 12 10 Jan. 6 .6 6 11 Jan. 22 . 6 12 11 Jan. 8 . 6 6 8 Jan. 23 . 6 12 9 Jan. 'J . 6 6 8J Jan. 24 . t> 32 10 WOOL SALES POSTPONED. (Received 10.30 a.m.) LONDON, January 24. The London wool sales were postponed owing to fog.

SYDNEY WOOL SALES. SYDNEY, January 24. At the Sydney wool sales to-day 12,505 bales were offered, and 11,495 were sold. Also 548 hales were disposed of privately. There was good general tompetition, and the market was very firm. Greasy Merino made to 339 id for five bales from Yass. PRICES OF METALS. LONDON, January 23. Following are to-day's quotations on the London metal market, compared with those t>f January 22:— .Tan. 23. Jan. 22. Per ton. Person. £ 8. d. £ s. <1. Copper, stan., spot 32 18 9 33 6 3 Copper, stan., 3 months 33 3 11 33 9 •Copper, electro. 36 0 0 30 0 0 to to 37 0 0 37 0 0 Copper, elec.. wire bars 37 0 O 37 0 O Lead, soft, spot .. 11 12 6 11 13 9 Lead, soft, forward 11 15 0 11 17 0 Spelter, spot 14 17 6 15 0 0 Spelter, forward . 15 1 3 15 3 9 Tin, stan., spot .. 227 15 0 227 17 6 Tin! stdn., 3 nions. 227 7 6 227 11 3 •American, 5.37 cents lb, same as on January 22.