OVERSEAS MARKETS.

Auckland Star, Volume LXV, Issue 68, 21 March 1934, Page 4

OVERSEAS MARKETS.

TALLOW, HEMP, APPLES,

HIGH COMMISSIONER'S CABLE

The Department of Agriculture has received the following cablegram, dated March 17, from the High Commissioner for New Zealand, London:—

Tallow.—Poor demand at auction. 701 casks offered, of which 14 sold. Present spot quotations arc:—Mutton: Fine. 24/; fair to good, 20/ to 22/; dark to dull, 18/ to 18/6. Beef: Sweet and/or mixed, 20/0 to 22/; fair to good, 19/ to 20/6; dark to dull, 17/6 to IS/. Mixed: Fair to good, 19/ to 20/; dark to dull, 17/ to 18/. Gut, elc.: 10/6 to 18/.

Hemp.—Manila: Market quiet but steady, with prices same as last quotations. Output January 1 to March 12, 283,000 bales, against 220,000 for the same period last year. Stocks in the United Kingdom at February 28, 17,479 bales, against 14,345 for the previous year. Stocks in Manila at March 12, • 129,000 bales, against 158,000 for the previous year. Sisal: Market firm and good business has been done. No. I grade for March-May and April-June shipments sold at. £17 10/, for May-July shipment £17 12/6. New Zealand: Market continues quiet, with 110 first-hand sales reported. Stocks in London at February 28, 21 tons, against 01 tons at the same time last year.

Apples.—Mataroa discharged in good condition generally. Market quiet. Current prices for: —Cox's Orange, '25/ to 32/6; Worcester I'earmain, 12/ to 14/; A'lfriston, 11/ to 13/; Gravenstein, 0/ to 12/. Market well supplied with American apples. Prices for Newtown Pippins and other popular varieties, 9/ to 14/.

WHEAT CARGOES, ETC. (Received 11 a.m.) LONDON, March 20. Cargoes are quiet, apart from a small inquiry tor Australians. There is a t,teadier tone- Manitobas are offered IMd to 3d down. Australians unchanged. Parcels are in quiet inquiry at lV&d to 3d down. Ex Domeneus, 19/3. Futures: — London: April, 16/11% per quarter; June, 17/11%; September, 18/8 Vi. Liverpool: March, 4/1% per cental; May, 4/2%; July, 4/4%; October, 4/7Vi. DAIRY PRODUCE. New Zealand Producers' Co-operative Marketing Association have to-day received a cable from their Loudon office, dated March 20, reading as follows:— Both markets steady. Butter: New Zealand, 72/6 to 73/; Danish, 92/. Cheeso: White, 43/6; coloured, 43/6. Messrs. Joseph Nathan and Co. have received the following cable from their London principals. Messrs. Trengrot:f>e and Nathan, Tooley Street, dated March 19:— Butter: 73/ per cwt. Cbeese: White, 43/0 per cwt; coloured, 41/. Both markets quiet. PRICE OF GOLD. LONDON, Mercb 20. Gold is quoted at £6 16/2 per ounce. WOOL AT BRADFORD. LONDON, March 19. The Bradford market is firm, with a moderate amount of business in Merinos. PRICE OF SILVER. LONDON, March 17. Silver is quoted at 20' id per ounce for spot delivery and 20 ">-16d for forward. . PRICES OF METALS. LONDON. March 19. Following are to-day's quotations on the London metal market, compared with those of March 16: — Mar. 10. Mar. 16. l'cr tOD Per ton. C ». d. .£ s. d Copper, Stan., spot 31 14 4i 32 10 71 Copper, stan.. 3 mos. 31 18 0 32 14 4j •Copper, electrolytic 34 15 0 35 10 0 to to 35 0 0 36 0 0 Copper, elec., wire bars 35 5 0 36 0 0 Lead, soft, spot .. 11 8 0 11 12 0 I.cad, soft, forward 1113 0 11 17 (» SpeHer, spot 14 11 3 14 12 6 Spelter, forward . . 11 16 3 14 16 3 Tin, stan., spot ... 232 17 O 234 0 3 Tin. stan.. 3 L.os. . 231 13 9 233 6 o •American, 8 cents a lb.