OVERSEAS MARKETS.

Auckland Star, Volume LXV, Issue 100, 30 April 1934, 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 April 27, 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 Smithticld market and/or ex London stores: — Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b, 5%d per lb; 57/641b, 4%d; G5/721b, 4'Ad; North Island, 48/s(jlb, sVid: 57/G4lb, 4%d; G5/721b, 4Vid; ewes, 481b and under, 4%d; 48/641b, 3%d; 65/721b, 3d. Lambs. —Canterbury.—301b and under, 7%d: 37/421b, 6%d; 43/501 b, 6%d; second quality, average 321b, G%d; other South Island brands, 3Glb and under, 7% d; 37/421b, 6%d: 43/501b, 6%d: selected North Island brands, including Downs, 361b and under. 7%d; 37/421b. G%d; 43/501 b, OVid; second quality, average 321b, 7d; other North Island brands, first quality, 361b and under, 7%d, . 37/4211). 6%d; second quality, average 321b, 6%d. Australian Lambs.—Victorian, first quality, 361b and under, 6%d; 37/421b, 6V4d. Argentine Lambs.—36lb and under, 6M;d; 37/421b, 6%d. New Zealand Beef.—Ox, fores 2V4d, hinds 3%d. Argentine Chill'cd Beef.—Ox, fores 3/-iu, hinds 5%d. Australian Frozen Beef.—Ox crops, over 1001b, 2%d; ox hinds, over 1601b, 3%d. New Zealand Porker Pigs.—6o/80lb, 5%d; 81/100lb, 5%d; 101/120lb, 5%d. Baconers: 120/ IGOI b, 6d. Lamb market: Quite steady, with better prices for lightweights. Heavy-weights have eased owing to over-supplies. Mutton; Wethers and ewes meeting with fair trade, with prices unchanged. Beef: Demand better, owing to increase in prices of Argentine chilled beef. New Zealand porker pigs: Trade good for the time of year. Baconers: Market steady, with prices unchanged. LOCAL EXPORT RATES. Current schedule rates for stock on hooks at freezing works arc as follows:— Lambs—36lb and under. Sd per lb; 371b to 421b 7Mid; over 421b and seconds. 7d. Mutton. —Wethers: Up to 481b. 4%d per lb; 491b to 5GI1). 4%d; 571b to 641b, 4%d; 6511) to 7211), 3%d; over 721b, 3*4 d; seconds. 3%d. Ewes (iu same classes), 3 Aid, 3 Au, 3d. 3%d and 2V£d respectively. J3 o ef.—Prime ox. 15/ per 1001b: boner bulls. 11/6; cows. 7/ to 7/6 per 1001b. Pies.—Up to 801b. 4%d per lb; 811b to 1001b, 4%d; 1011b to 1201b, 4d; 1211b to IGOlb, 4%d. PRICES OF METALS. LONDON, April 28. Following were yesterday's quotations on the London metal- market, compared with those of April 26:— April 27. April 2(1. Per ton. Ter ton. i; s. (1. £ s. d. Copper. Stan., spot 32 10 101 33 4 4J Copper, stan.. 3mos. 1 10 si J **£ ♦Copper, electrolytic 3b 0 U 30 o u to to 30 10 0 30 15 0 Copper, dec wire ]f) n Load, soft, spot ... 11 7 0 11 10 0 Lead, soft, forward 11 13 » \ 1 J Spelter, spot 3 1 17 J( 14 18 .) Snelter, forward .. 1«> 1 « \ '* - ~ Tin, stan., spot .. . 238 7 0 240 7 0 Tin, stan., 3 mos. . 23u 1«> 0 -o7 17 0 ♦American,'S.so ccnts a lb. Quotations for other metals, with last week's prices in parentheses, aye:—l ig iron: Home trade. £3 7/6 (£3 </b); export, £3 2/6 (£3 2/6). Antimony: British. £42 10/' (£39 10/); foreign, £-•) 15/ (£-25 5/ . Molybdenite, £1 10/ (£1 16/.) a unit. Wolfram, £2 0/6 (£1 10/) a unit. COTTON, RUBBER, JUTE, ETC. LONDON, April 28. (Quotations on April 21 in parentheses.) Cotton. —Spot, 5.88 d (6.18 d) a lb; May delivery, 5.66 d (5.81 d). Rubber.—Para, sVid (sd) a lb; plantation and smoked, 6 l-16d (5 13-16 d)._ Jute.—April-May shipments, £lo IJ/J (£lO 5/) a ton. . Copra.—May-June shipments, South Sea, £7 7/6 (£7 0/) a ton; South Sea, smoked, £0 15/ (£6 15/); plantation, llabaul, £8 (£7 17/6). Linseed Oil.—£2o 15/ (£l9 15/) a ton. Turpentine.—4B/9 (SQ/3J a cwt.