OVERSEAS MARKETS.

Auckland Star, Volume LXV, Issue 241, 11 October 1934, Page 4

OVERSEAS MARKETS.

PRICE OF GOLD. (Received 10 a.m.) LONDON, October 10. Fine* gold is' quoted to-day at £7 2/6 an ounce. Following is a summary of the fluctuations in the price per ounce of fine gold this year;- £ 8 . d. Highest price, October 9 £ 2 9 Lowest price, January 9 <1 <> Oct. 1 I ?, !> Oct. 2 7 Oct. 3 7 - -1 Oct. 4 7 - 1 Oct. 5 7 2 4 Oct. 0 7 _ 3 Oct. 8 7 J 0 Oct. 9 7 J 9 Oct. 10 7 - b PRICES OF METALS.

LONDON, October 9. Following are to-day's quotations 011 the London market, compared with those of October S: — Oct. 9. Oct. S. Per ton. Per ton. s. d. s. d. Copper, stan., spot 25 16 101 25 18 9 Copper, stnn., 3 nios. 26 3 11 -» * yi ♦Copper, electrolytic 28 10 0 -8 10 0 to to 29 10 0 29 10 0 C °b P a P rT . e . IeC :. W . I - rC 29 10 0 29 10 0 Lead, soft, spot .. 10 3 9 10 6 3 Lead, soft, forward 10 10 0 10 1- 6 Spelter,, spot .... 1- 0 1- 0 0 Spelter, forward . 1- » ■[ ° Till, stan., Spot . . 230 lb .5 -30 11 3 Tin, Stan., 3 1110s. 230 16 3 —b 11 " •American, 9 ceuts a lb. tin statistics. LONDON, October 1. The. statistical position of tin at the end of August, compared with recent months, was as follows: — July. Aug. Sept. Tons. Tons. Tons. Visible supplies ... 15,929 15,385 !3,217 Straits' carry-over. 2,460 j-,44- 1,74_ SuDnlies b,-04 6,683 O.J-l Deliveries 7,005 7,227 0.65U

DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Co., Ltd., has received the following cable from its London house, dated October 10: — Butter: New Zealand choicest salted, 66/ to 68/ per cwt; first grade, 65/. Market slow. Cheese: White, 48/ to 48/6 per cwt; coloured, 48/6. Market steady. Messrs; A. H. Turnbull and Co. (principals, Messrs. W. Weddel and Co.).— Butter: New Zealand salted, 65/ to 67, per cwt; Australian, 65/ to 67/. Market quiet—no demand. Cheese: New Zealand, market steady. New Zealand Producers' Co-operative Marketing Association has. to-day received a cable from its London office, dated October 9, and reading as follows:—Butter quiet, cheese steady. Butter: New Zealand, 67/ to 68/ per cwt; Danish, 105/ to 107/. Cheese: White, 48/ per cwt; coloured, 48/6.

Messrs. Joseph Nathan and Co. have received the following cable from their London principals, Messrs. Trengrouse and Nathan, Tooley Street, dated October 9: —Butter: No business doing; 68/ per cwt.

| LONDON TALLOW SALES. (Received 11 a.m.) LONDON, October 10. At the London tallow sales 740 casks were offered and 599 sold. Values generally were 6d dearer. Quotations: Mutton, fine, 22/0 per cwt; medium, 19/6; beef, fii,e, 22/6; medium, 19/. The Bank of New Zealand lias received the following advice from its London office, under date of 10th inst.: — Tallow.—There is a good demand. Current quotations: Good mutton, 21/ to 21/6 per cwt; good beef, 20/6 to 21/; good mixed, 20/6 to 21/; gut, 16/6 to 18/6. Stock Position. Tallow statistics at the end of September, compared w'th previous months, were:— May. Juno. July. Aug. Sept. Casks. Casks. Casks. Casks. Casks. Stocks ... 1039 2009 2364 3034 2475 Imports .. 1000 817 918 1546 1013 Deliveries . 688 447 - 563 888 J552