OVERSEAS MARKETS.

Auckland Star, Volume LXVI, Issue 159, 8 July 1935, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. '

THE BOARD'S REPORT. The New Zealand Dairy Board hae received the following market report from its London office, dated July 5: — New Zealand Butter. Last Lust 5/7/30. week. year. Saltnd SS/-8!)/* SO/-90/ 73/-7-1/ Unsaltcd .. . SB/-00/ 88/-02/ SO/-84/ ♦Equals 10.3d per lb, f.o.b. Tons. Tons. Tons. Deliveries ... 1,100 1,478 1,478 In store 7,012 7,430 11,831 Australian salted, 85/ to 86/ per cwt; unsaltcd, 86/ to 87/; deliveries, Australian, 1207 tons; in store, 8893 tone. Demand quiet throughout the week. Xcw Zealand retail price unchanged, lid. South African, 83/ to 84/ per cwt; Irish creamery salted, 87/; unsalted, 88/; Danish, 90/ to 100/ spot, 78/ f.0.b.; Dutch unsalted, 80/ to 86/; Estonian salted, 82/; Siberian salted, 82/ to 83/; Ukranian. ealted, 82/; Polish salted, 74/ to 76/; Lithuanian ealted and unsalted, 80/ to 82/. Danish retail price unchanged, 1/. New Zealand Cheese. Last Last 5/7/35. week. year. White 45/-4S/6* 45/6 46/0-47/ •Equals 4.70 d per lb, f.o.b. Crates. Crates. Crates. Deliveries . 18,670 20,056 3 0,570 In store .. 171,636 173,161' 156,407 Canadian white, 62/ to 64/ per cwt; coloured, 62/ to 04/; c.i.f., 52/ (new season's); deliveries, Canadian, 2142 boxes; in store, 46,313 boxes; English factory) 32/ to 38/. English, selected practically cleared.,

Market quiet. New Zealand retail price unchanged, 6d. The board has also received the following advice from its agents in Canada:— Butter: New York, 23% cents; Montreal, 19%' cents. Canadian stocks, 2042 tons (last year, 2800 tons). Messrs. Joseph Nathan and Co. have received the following cable from their London principals, Messrs. Trengrouse and Nathan, Tooley Street, dated July 7:— Butter: 88/ to 80/ per cwt. Showing better tendency. Cheese: White 45/, coloured 44/6 per cwt.

MEAT EXPORT TRADE. PRICES AT SMITHPIELD. The New Zealand Meat Producers' Board has received the following cable from its London office, dated July 5, 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 ci'ossbred wethers and maiden ewes, 481b and under, 4%d per lb; 48/561b, 4d; 57/641b, 3%d, 65/721b, 3'M; North Island, 48/561b, 4d; 57/641b, 3%d; <35/721b, 3%d; ewes, 481b and under, 3%d; 48/641b, 2%d; 65/721b, 2*M. Lambs.—Canterbury, 361b and under, 7d; 37/421b, 7d; 43/501b, 6%d; second quality, average 321b, 6d; other South Island brands, 361b and under. 7d; 37/421b, 7d; 43/501b, 6%d: selected North Island brands, including Downs. 361b and under, 7d; 37/421b, 7d; 43/501b, 6%d; second quality, average 321b, 6%d; other North Island brands, first quality, 361b and under, 6%d; 37/421b, 6%d; second quality, average, 321b, 5%d. Australian Lambs.—Victoria, first quality. 361b and under, 5%d; 37/421b, sV£d. Argentine Lambs. —361b and'under, 5%d; 37/421b, 5%d. New Zealand Beef.—Ox, fores 2&d, hinds 3%d. Argentine Chilled Beef.—Ox, fores 2%d, hinds 4%d. Australian Frozen Beef.—Ox crops, over 1001b, 2%d; ox hinds, over 1601b, 3%d. New Zealand Porker Pigs.—6o/801b, 5%d; 81/1001b, 5%d: 101/1201b, 5%d. Baconers: 120/1601b, 5%d. Lamb market: Very firm, especially for prime quality. Consumption continues satisfactory. Mutton: Wethers—Market quiet and unchanged. Ewes—Trade slow. Beef: Demoralised by heavy supplies of chilled beef and hot weather. New Zealand porker pigs: Little inquiry, owing to hot weather. Baconers: Market steady and unchanged.

PRICES OF METALS. LONDON, July 6. Following were Yesterday's quotations on the London metal market, compared with those of July 4:— July 5. July 4. Per ton. Per ton. £ s. d. £ s. d. Copper, stan., spot 30 5 0 SO !) 41 Copper, atan., 3 moa. 30 13 U 30 38 li Copper, electrolytic 33 0 0 33 15 0 to to 34 0 0 34 5 0 Copper, elec, wire bars 34 0 0 34 5 0 Lead, soft, spot . . 18 15 0- 18 13 9 Lead, soft, forward 13 1C 3 13 Iβ 3 Spelter, spot 13 12 6 13 15 0 Spelter, forwnrd . 13 17 G 13 18 t> Tin, stan., spot .. 230 7 G 230 17 (j Tin, stan., 3 mos. 224 5 0 225 2 G Quotations for other metals, with Inst week's prices in parentheses, are: —Pig iron: Home trade, £3 7/0 (£3 7/6); export, £3 2/6 (£3 2/6). Antimony: British, £74"<10/ (£7O 10/); foreign, £47 (£47). Molybdenite, £1 14/0 (£1 14/6) a unit. Wolfram, £1 10/6 (£1 10/6) a unit. APPLES IN LONDON. LONDON, July 6. Quotations for apples are:—New Zealand, by the Port Fairy, Kuinara and New Zealand Star: Granny Smiths, 12/ to 15/; Sturmers, 12/ to 14/; Cieopatras, 12/6 to 13/; Jonathans, 10/0 to 13/; Doherty, 12/ to 13/0; Rokewoods, 12/6 to 14/; Romes, 10/. Australian: Sturmers, 8/ to 12/9; Granny Smiths, 12/ to in/1 Cieopatras, 7/ to 12/; Jonathans, 9/ to 14/; Romcs, 9/6 to 11/9. COTTON, RUBBER, HEMP, ETC. LONDON, July 6. (Quotations on June 29 in parentheses.) Cotton.—Spot, 6.94 d (6.85 d) a lb; August delivery, 6.43 d (6.29 d). Rubber.—Para. 5d (sd) a lb; plantation and smoked, 5%d (Gd). Hemp.—June-July shipments, £16 10/ (not quoted). Copra.—July-August shipments, South Sea, sun-dried, £9 15/ to" London and Rotterdam (£10) a ten: South Sea, smoked, £9 15/ to Marseilles and Genoa (£10); plantation, Rabaul, hot-air dried. £10 5/ to London and Rotterdam (£lO 10/). Linseed 0i1.—£22 15/ (£23) a ton. Turpentine.—ll/0 (43/6) a cwt.

WHEAT IN AMERICA. CHICAGO, July 6. Wheat.—July, 78% cents a bushel; September, 79% cents; December, 81% cents. The New Yoi'k price for cash is 00M cents.