OVERSEAS MARKETS.

Auckland Star, Volume LVX, Issue 268, 12 November 1934, Page 4

OVERSEAS MARKETS.

EXPORT MEAT TRADE,

PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London office, dated November 9, 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 Smithfield market and/or ex London stores: —■ Sheep.—Canterbury and North Island selected crossbred "wethers and maiden ewes, 481b to 561b, 4%d; 571b to 641b, 4%d; 651b to 721b, 4%d. North Island, 481b to 561b, 4'/ 2 d; 571b to 641b, 4'/ 3 d; 651b to 721b, 4 1 /4 d. Ewes, 481b and under, 394 d; 481b to 641b, 3%d; 651b to 721b, 3%d. Lambs.—Canterbury, 361b and under, 6%d; 371b to 421b, 6%d: 431b to 501b, 5%d; second quality, average 321b, OVid. Other South Island brands, 361b and under. 6%d; 371b to 421b, 6%d; 431b to 501b, 5%d. Selected North Island brands, including Downs, 361b and under, 7'/8d; 371b to 421b, 6%d; 431b to 501b, 5%d; second quality, average 321b, C'Ad. Other North Island brands, first quality, 361b and under, 6%d : 371b to 421b, 6%.d; second quality, average 321b, 6d. Argentine Lambs.—First quality, new season's, 361b and under, 6'Ad; 371b to 421b, 6d. New Zealand Beef.—Ox fores, 2%d; ox hinds, 3%d. Argentine Chilled Beef.—Ox fores, 3%d: ox hinds, 4%d. Australian Frozen Beef.—Ox crops, over 1001b, 2%d; ox hinds, over 1601b, 3%d. New Zealand Pigs.—Porkers, 601b to SOlb, 6%d; 811b to 1001b, 6'/fed S 1011b to 1201b, 5%d; baconers, 1201b to 1601b, G'/fed. Lamb market is quiet, and trade slow owing to large supplies of home-killed meat. Mutton: Wethers meeting with I better demand. Ewes, firm with better prices. Beef: Frozen beef meeting with fair demand. New Zealand pigs: Porker trade fair, but prices easier owing to heavier supplies; baconers nominal. PRICES OF METALS. LONDON, November 10. Following were yesterday's quotations on the London metal market, compared with those of November S: — Nov. 0. Nov. 8. Per ton. Per ton. £ s. d C s. d. Copper, Stan., spot 27 3 1J 27 0 3 Copper, stan., 3 mos. 27 9 41 27 11 10} *Copper, electrolytic 30 0 0 30 10 0 to 31 0 0 Copper, elcc, wire bars 30 15 0 31 0 0. Lead, soft, spot . . 10 3 9 10 5 0 Lead, soft, forward 10 8 9 10 10 0 Spelter, spot 11 17 6 12 3 0 Spelter, forward . 12 3 9 12 S 9 Tin, stan., spot . . 229 3 9 228 8 9 Tin, stan., 3 inoS. 229 6 3 228 17 0 •American, 9 cents a lb. Quotations for other metals, with last week's prices in parentheses, are:—Pig iron: Home trade, £3 7/6 (£3 7/6); export, £3 2/6 (£3 2/6). Antimony: British, £54 10/ (£49 10/); foreign, £48 5/ (£4O 15/). Molybdenite, £1 14/6 (£1 14/6) a unit. Wolfram, £2 0/6 (£2) a unit. COTTON, RUBBER, JUTE, ETC. LONDON, November 10. (Quotations on Nov. 3 in parentheses.) Cotton.—Spot, 6.81 d (6.79 d) a lb; December delivery. 6.53 d (6.54 d). Rubber—Para, oVfed (sVfed) a lb; plantation and smoked, 6%d (6%d). Jute. —November-December shipments, £15 5/ (£ls 5/) a ton. Hemp. — October-December shipments, nominal, £15. Copra.—November-December shipments, South Sea, £7 12/6 (£7 15/) a ton; South Sea, smoked, £7 7/6 (£7 10/); plantation, Rabaul, £8 12/6 (£8 15/). .Linseed Oil.—£l9 (£lB 15/) a ton. Turpentine.—44/6 (45/3) a cwt. DAIRY PRODUCE.

BOARD'S REPORT. The New Zealand Dairy Produce Board lias received the following-market report from its London oflice dated November 9: New Zealand Butter. 0/11/34. Last work. Last year. Salted ... 70/-78/ 71/-73/ S4/-88/ Equals 8.77(1 per lb f.o.b. Unsalted . . 76/-80/ 7U/-78/ 8-1/-88/ Tons. Tons. Tons. Deliveries . 2,740 2,470 2,720 In store .. O.lSti 0,89S 4,200 Australian, salted, 75/, 76/,, ex. 77/ per cwt: unsalted, 7(i/ to 77/. Deliveries, Australian, 1310 tons; in store, Australian, 2633 tons. Market quiet after active demand earlier in the .week. Danish, 103/ f.0.b., 124/ spot (steady); Dutch, unsalted, 80/ to 90/; Estonian, unsalted, 78/ to SO/; Latvian, salted and unsalted, 70/ to 747; Siberian, salted, 73/ to 74/; Polish, salted, 68/ to 70/; Ukranian, salted, 72/. Market quiet. Retail prices unchanged, Danish 1/2 per lb, New Zealand 9d. New Zealand Cheese. 0/11/34. Last week. Last year. White ... 54/-04/6 53/0-54/ 52/ Equals 5.93 d per lb f.o.b. Coloured . 53/-51/ 53/6-54/ 52/ Crates. Crates. Crates. Deliveries . 17,549 18,430 22,500 In store .. 85.787 89,508 48,000 Canadian, white, 54/ to 55/ per cwt; old season's, 68/ to 70/; coloured, 54/ to 56/; old season's, 02/; c.i.f., white, 53/. Deliveries, Canadian, 13,349 boxes; in store, Canadian. 128,207 boxes. English finest fanners', 82/ to 88/. Cheese market steady. New Zealand retail price unchanged, 7d per lb. The board has also received the following advice from its agents in Canada: — Butter: New York, 29 cents; Montreal, WAi cents.