OVERSEAS MARKETS.

Auckland Star, Volume LXVI, Issue 243, 14 October 1935, Page 4

OVERSEAS MARKETS.

MEAT EXPORT TRADE. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board advises 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 arc for representative parcels of the goods offering during the week, being for business done on the basis of delivered at Smithfield market, and/or ex London stores: — Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481b and under, 5d per lb; 48/561b, 4%d; 57/641b, 4%d; 05/7211), 4%d; North Island, 48/sGlb, 4%d; 57/6411), 4%d; 65/721b, 4%d; ewes, 481b and under, 3%d; 48/641b, 3d; 65/721b, 2%d. 4 Lambs.—Conterbury, 361b and under, 7%d; 37/421 b, 7%d; 43/50lb, VAd; second quality, average about 311b, 7%d; other South Island, 361b and under, 8d; 37/421b, 7%d; 43/501b, 7 1 /4 d; North Island Downs, 361b and under, 8d; 37/421b, 8d; 43/501b, 7'Ad; second quality, average about 301b, 7%d; North Island, first quality, 361b and under, 794 d; 37/421b, 7%d; second quality, average about 311b, 7%d; Argentine, first quality (new season's), 361b and under, 7'Ad; 37/421b, 7d. Frozen Beef. —New Zealand, ox hinds, ]45/2101b, 3%d; ox fores, 145/210 Ib, 2Y*d. Australian: Ox hinds, 145/21011), 3%d; ox crops, weights corresponding, 2%d. Chilled Beef.—Argentine: Ox hinds, 145/2101b, 5%d; ox fores, 145/2101b, 3d. Uruguayan: Ox hinds, 145/21011), 5V6d; ox fores, 145/2101b, 2%d. Southern Rhodesian: Ox hinds, 145/2101b, 4%d: ox fores, 145/21011), 2%d. New Zealand Porker Pigs.—First quality, 60/801b, 6V6d; 81/1001b, 6d; 101/1201b, 5%d. Baconers: 121/16011), 5%c1.

Lamb market: Very firm, and with spot stocks becoming short values have improved. Our prices are now close to home-killed. First arrivals of Australian new season's lamb arc selling at from VM to Bd, ex hooks. Mutton: Wethers firm, with prices unchanged. More inquiry for ewes, especially forward delivery. Beef: Frozen beef demand improving and prices slightly better. New Zealand porker pigs: Prices firmer , owing to increased demand. Baconers: Firmer, owing to better prices of Continental bacon. PRICES OF METALS. TIN ADVANCES SHARPLY. LONDON, October 12. Following were yesterday's quotations on the London metal market, compared with those of October ]():— Oct. 11. Oct. 10. Per ton. Per ton. .C s. cl. £ s. U. Copper, stan., spot 3(5 * 1J 3o 18 'J Copper. stan., 3 months 3(5 11 10J 3(i K 3 Copper, electrolytic -JO 10 0 -10 5 0 tii to •11 10 0 -11 5 0 Copper, elee., wire , l'«rs 11 10 0 II 5 0 Lead, soft, spot ... 1!) 10 0 10 7 (i Lead, soft, forward 10 10 0 1!) 7 (i Spelter, spot 17 2 <i 17 l) 0 Spelter, forward .. 17 S 0 17 5 0 Tin, stall., spot .. 240 0 0 233 15 0 Tin, stan., 3 mos. . li;i7 15 o 222 17 G Quotations for other metals, with prices on September 21 in parenthes-t,, are:—Pig iron: Home trade, £3 7/G <£3 7/0); export, £3 2/0 (£3 2/0). Antimony: British, £83 10/ (£72); foreign, £62 10/ (£sl). Molybdenite: £1 14/(i (£1 14/0) a unit. Wolfram: £1 14/G (£1 13/6) a unit. PRICE OF SILVER. (Received 11.30 a.m.) LONDON, October 12. Silver is quoted at 29% d per ounce for spot delivery and at 21L7-10d for forward. COTTON, RUBBER, JUTE, ETC. COPRA PRICES RISING. LONDON, October 12. (Quotations on October 5 in parentheses.) Cotton.--Spot, O.yOd (6.s'Jd) a. lb; November delivery, (i,l2d 1G.13d)„ Rubber.—Para. 514 d ■ (sd) a lb; plantation And smoked, 0 3.32 d (5 3-10 d). Jute.—October - November shipments, £18 11/3 (£lB 15/J a ton. Copra.—October-November shipments, South Sen, sun-dried, £12 7/6 to London and Rotterdam (£ll 7/6) a ton; South Sea, smoked, £12 5/ to Marseille*) and Genoa (£ll 12/0); plantation, Rabaul, hot air dried, 5/ to .London and Rotterdam (£l2 7/0). Linseed Oil:—£21) (£2B 15/) a ton. Turpentine.—lls/0 (43/0) a cwt. MOVING UP. RUBBER AM) COPPER. LONDON, October 12. Spectacular increases were recorded during the week ill rubber plantations. Rubber received a fillip from the Dutch Governments announcement Hint it was purchasing export licenses for 20,000 ions from East India growers, Indicating that Holland intends to enforce restriction as far as possible. ' The copper restrictions are anxious and measures will probably be taken to increase production and check rises. Lead is in a healthier position, the price having touched the highest level since 1030. More normal rises were secured in the iron and steel industries through consumption by the retail trades. Tea and textiles alone were a disappointment.