OVERSEAS MARKETS.

Auckland Star, Volume LXVI, Issue 29, 4 February 1935, Page 4

OVERSEAS MARKETS.

EXPORT MEAT TRADE. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London ollice, dated February 1, advising that the following arc the approximate average prices realised for the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and arc for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Sinithlield market, and/or ex London .Stores: —■

Sheep.—Canterbury and North Island selected crossbred wethers and maiden owes, 48/5011). 5%d per lb; 57/0411), 5%d; 05/7211), , r )d ; North Island, 48/sGlb, 5%d; 57/641b, 5%d; 65/721b, sd; ewes. 481b and under, 4V.id; 48/(541 b, 3%c1; 65/721b, 3%d. Lambs.—Selected North Island brands, including Downs, 3(51b and under, 7%d; 37/421b; 7%d; second quality, average 321b, 7 3 / id; other North Island brands, first quality, 361b and under, 7V6d; 37/421b, 7%d; second quality, average 321b, 7d. Australian Lambs.—Victorian, first quality, 361b and under, 7cl; 37/4211), 7 , /sd. Argentine Lambs. —3(ilb and under, o'%d; 37/4211), 6%d. ' New Zealand Beef.—Ox, fores 3d, hinds 3%d. Argentino Chilled Beef.—Ox, fores 3V4d, hinds :>\id. Australian Frozen Beef.—Ox crops, over 10011). 3%d ; ox liinds, over JOOII), 4d. Xoiv Zealand Porker Pj'kh.—(JO/SOlb, 6d; 81/IOOIb, olid; IUI/12UI1), CKsd. Baeouers: 120/ 1001b, 5%d. Lamb market: .Increased landing lias slightly cased prices. Mutton: WethersTrade .slow, hwets—Slightly easier. Beef: Steady, with fair demand. New Zealand Porker pigs: Trade slow, ami with heavy stocks prices are easier. Baconers: Market steady and unchanged. NEW ZEALAND PARITY. The equivalent New Zealand parity of the published Sinithfield market prices, on the basis of a •prime woolly lamb of 341b weight, is as follows, according to figures of the New Zealand Meat Producers' Board:—

N.JS. "overall" Smltlifloia delivered ,-it works, per,,,. 7:; 7.7 1 7 5 7..", ii 7J 7.11 All costs, including selling commission, have been allowed for. The cost of killing, freezing and placing on board steamer is bused on a charge of .fl/od per 11,. Allowance is made for present .skin values and includes exchange. STATISTICS OF TIN. LONDON, February 2. The statistical position of tin at the close of January compares with the two previous periods as follows: — Nov. Doc. Jan. Tons. Tons. Tons. World visible supplies 14,403 l:.'.<;:;.■; l.t.liM Straits carry-over ... 2,r>10 2,Tic , i!,O7i> Supplies r>.Tjr, 0,310 s, ■»;>:! Deliveries t>,."y3 7,SOi LONDON WOOL SALES. (Received 11 a.m.) LONDON, Kebruary 1. At (he first wool sales 6604 bales were offered, including 2053 New Zealand. G3OS Australian and New Zealand were sold. There was a satisfactory clearance to home and Continental buyers. The market tone was fully steady. New Zealand greasy crossbred. D and Q\V, • top price lOVid, average 8 - }. id. LONDON EGG MARKET. LOXDOX, February 2. The London egg market is still depressed. A brief cold snap gave hope of .some improvement, but spring-like weather quickly returned and prices remain at the recent low level. Australians range from 7/3 to 9/, according to weight. COTTON, RUBBER, JUTE, ETC. LOXDOy, February 2. (Quotations on Jan. 20 in parentheses.)

Cotton.—Spot, 7.07 d (7.OSd February) a II); March delivery. 6.8."Jd (0.02 d). Rubber. Para, 45ad (4%d) a lb; plantation and smoked, (il-id (o%d). Jute.- February-iMareh shipments, £17 10/ (£l7 12/6 January-February) a ton. Copra. — February-March shipments, South Sf-a, £11 12/0 (£ll 10,) a ton; South Sea, smoked, £11 12/0 (£ll 10/); plantation, Rabaul, £12 !.',(> (£l2 5/). Linseed Oil.— £21 10/ (£22 10/) a ton. Turpentine.—47/0 (48/3) a cwt.