OVERSEAS MARKETS.

Auckland Star, Volume LXV, Issue 214, 10 September 1934, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. THE BOARD'S REPORT. Tlie New Zealand Dairy Produce Board has received the following market report from its London office, dated September 7;Nevv Zsaland Butter. 7/0/34. Last week. Last year. Salted .. . 70/-Sl/ 7U/r7D/ UO/-98/ Equals S.Oyd per ib, f.o.b. Unsaited . SO/-88/ 80/-90/ 08/-10U/ Tuns. Tons. Tons. Deliveries . 1,5-10 1,300 1,003 In store .. " 11,118 13,-77 0,071 Butter. —Australian, salted, 74/ ex. 75/; unsalted, 70/ to 78/. Deliveries (Australian), 1320 tons; in store (Australian), 7199 tons. Danish, 88/ i'.o.b., 104/ spot; Dutch, unealtod, 00/ to 70/; Estonian, salted and unsalted, 00/ to_ 66/; Latvian, Baited and unsalted, 00/ to Oil/; Lithuunian, ealted and unsalteil, 00/ to 04/; Polish, salted, 56/ to 6V- • Market plow. New Zealand retail pnoo unchanged, 10d; Danish, 1/1. Imperial Economic Committee's estimated stocks ot all butters,' 1,787,016 boxes (last year 1,000,336 boxes).

New Zealand Cheese. 7/9/34. Last week. Lust year. White ~.. 48/0-10/ 48/G-40/ 00/51/ Equals 0.1 J per lb. f.o.b. Coloured .. 40/-40/ 45/-40/ o'2/-03/ CnitHfi. Cratos. Crates. Deliveries . 151,572 10,881 23,003 In store .. 331,051 132,045 118,280 Cheese. —Canadian, white, 04/; new season's, 50/ to 52/; coloured, new season's, 50/ to 52/; c.i.f., 00/. Deliveries (Canadian), 12,812 boxes; in stoic (Canadian), 88,802 boxes. Market cniiot. New Zealand retail price unchanged, 7d. _ ICnglish, finest fanners', 104/ to 110/ (firm). Denmark has concluded an agreement to supply Germany with 8000 tons of butter extra to 1034 quota, spread over the next six months. The board has also received the following advice from its agents in Canada: — Butter; New York, 2iV/4 cents; Montreal. 10 cents. Canadian stocks, 0273 tons, lust year 4464 tons. EXPORT MEAT TRADE. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London otlice, dated September 7, advising that the following nre the approximate average prices realised for the week, based on actual transactions ot 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 uud/or ex Loudon stoves;— Sheep—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b, sMid per lb; 57/0411), OVid; Go/721b, o%d; North Island, 48/5611), G%d; 57/641b, s'Ad; 05/721b, sd; ewes, 481b and i under, 4%d; 48/041b, 4d; 65/721b, 3%d. Lambs. —Canterbury, 301b and under, 7 1 /* d: 37/4211), o%d; 43/501b, OHd; second quality, average 321b, 0d; other South Island brands, 301b and under, 7%d; 37/421b, 6%d; 43/501b, O'/id; selected North Island brands, including Downs, 361b and under. 7%d; 37/421b, 6%d; 43/501b, oV*d; second quality, averago 321b, 6%d; other North Island brands, first quality, 30ib and under, 7d; 37/421b, 6%d; second quality, average 321b, 6%d. Australian Lambs.—Victorian, first quality, 361b and under, GV4cI; 37/421b, G l /4d. Argentine Lambs. —30lb and under, 6%d; 37/421b, 6%d. New Zealand Beef.—Ox, fores 2%d, hinds 3'/id. . * > Argentine Chilled Beef.—Ox, fores 3'/4d, hinds 6%d. Australian Frozen crops, over 1001b, 2%d; ox hinds, over IGOlb, 3V4d. New Zealand Porker Pigs.—6o/8011), 7%d; 81/1001b, 7d; 101/1201b, 6%d; BaconC rs: 120/10011), o'/adLamb market; Quiet, with prices easier for Becopdouulity lamb and prime heavyweight lambs, owing to heavier marketing of Home-killed lamb. Mutton: Wethers and owes; trade slow and easier tone; owing to prospects of heavier arrivals Beef: Frozen beef meeting with better trade and prices inclined to firm. New Zealand porker pigs: Have advanced owing to short spot stock and prospects of lesser competition from America to higher prices there. Baconers: Quiet, with trade slow.

LONDON HIDES SALES. THE MARKET LIFELESS. LONDON, September S.

At tho London hidefl sales to-day the market was lifeless. Quotations are:— Meatworka, dry salted: Queensland, 351b to 451b, 4%d; 301b to 401b, 4%d ; 251b to 351b, 4%d; 201b to 301b, 4%d. New South Wales, sVid, 5%d, 5%d and 5%d. Wet salted: Queensland, 501l> to 601b, 3 J /id; 40lb to 501 b, 3%d. New South Wales, 3%d and 3%d; Victorian abattoirs, 3%d and 3 %d, PRICES OF METALS. LONDON, September 8. Following were yesterday's quotations on the London rnetal market compared with those of September 0: — Sept. 7. Sept. 0. Per ton.' Per ton. E s. (I. s. il. Copper, stan., spot 27 10 10J 28 0 7J Copper, Btun., 3 months 2S 3 li 28 8 !) ♦Copper, electro. . 81 O 0 31 0 0 to to 31 5 0 31 10 0 Copper, elec,, wire barn 31 r> 0 31 10 0 Lead, soft, spot 10 7 fl 10 8 0 Lead, soft, forward 10 18 0 10 15 0 Spelter, spot .... 12 17 (i 13 1 3 Spelter, forward 13 3 0 13 7 (! Tin, stan., spot .. 228 7 (> 22!) 6 8 Tin, stan., 3 inos. 227 11 3 228 0 3 ♦American, !) cents a lb. Quotations for other metals, with last week's prices in parentheses, are:—Pig iron: Homo trade, £3 7/6 .(£3 7/G); export, £3 2/0 (£3 2/G), Antimony: British, £44 10/ (£44 10/); foreign, £31 (£3O 10/). Molybdenite, £1 14/0 (£1 14/6) a unit. Wolfram, £2 1/6 (£2 1/) a unit. THE PRICE OF SILVER. (British Official Wireless.) (Received 12.45 p.m.) RUGBY, September 8. Silver is quoted at 21% d per ounce for spot delivery, and 21 15-16 d for forward. COTTON, RUBBER, JUTE, ETC. LONDON, September 8. (Quotations on Sept. 1 in parentheses.) Cotton.—Spot, 7.20 d (7.lid) a lb; October delivery, 7.01 d (6.86 d). Rubber.—Para, s\kd (5%d) a lb; planj tation and smoked, 7%d (7%d). I Jute. — September-October shipments, ! £14 15/ (£ls 7/6) a ton. Hemp. — September-October shipments, £15 (not quoted). Copra. — September-October shipments. South Sea, £7 12/6 (£7 12/6) a ton; South Sea, smoked, £6 15/ (£6 15/); plantation, Rabaul, £8 15/ (£8 15/). Linseed Oil.— £21 10/ (£22) a ton. Turpentine.—42/ (42/) a cwt.