OVERSEAS MARKETS.

Auckland Star, Volume LXVII, Issue 58, 9 March 1936, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. THE BOARD'S REPORT. The New Zealand Dairy Board has received the following market report from its London office, dated March 6:— NEW ZEALAND BUTTER. Ijust I^ast March 6, 193 G. week. year. Unsalted 92/ to 94/ 95/ to 96/ S6/ •Equal 10.04 d per lb, f.o.b. Unsalted 92/ to 94/ 85/ to 96/ SG/ Tons. Tons. Tons. Deliveries 3,014 2,377 2,146 In store 4,460 4,864 0,408 Australian salted 80/ up to 87/, unsalted 90/ to 92/. Deliveries: Australian 2003 tons. In store: Australian 2761 tons. Market slow. New Zealand retail price reduced to lid. Argentine unsalted 86/ to 92/, South African 82/ to 85/; Danish, 109/ f.0.b., 128/ to 130/ spot, Dutch unsalted 90/ to 101/, Polish salted 85/ to 86/, unsalted 85/ to 87/. Market slow. Danish retail price unchanged at 1/4. Imperial Economic Committee's estimated stocks of all butters in store 430,448 boxes (last year 421,152 boxes). NEW ZEALAND CHEESE. , I,ast I.ast March G, 1936. week. year. White 49/ to 50/* 50/ to 51/ 45/ to 45/6 •Equal 5.33 d per lb, f.o.b. Coloured 52/6 to 54/ 54/ to 55/ 45/6 to 46/ Crates. Crates. Crates. Deliveries 21,466 20,388 20.03G In store 80,409 74,959 144,418 Australian white 48/ to 49/, coloured 50/ to 52/, Canadian white 60/ to 64/, coloured 62/ to 63/, old season's white 66/ to 68/. Deliveries: Canadian 4307 boxes. In store: Canadian 104,014 boxes. English finest farmers' 96/ to 106/, factory 48/ to 56/. Market slow. New Zealand retail price 6d and 7d. Outlook Discussed. The London office of the board also reports as follows:— Markets.—Butter: Consider February consumption been reduced, but market should not recede further meantime. April imports will exceed consumption substantially and lower retail price then necessary. Cheese: Supplies in sight not excessive. There is evidence of tendency for Home factory cheese make to decrease, but English farm cheese increasing compared with last year. We consider future position of this market sound. TO-DAY'S CABLES. Messrs. Joseph Nathan and Company have received the following cable from their London principals, Messrs. Trcngrouse and Nathan. Toole.v Street, dated March 7:—Butter: 85/ to 86/ per cwt. Cheese: White 49/ per cwt, coloured 51/6 to 52/. Both markets very quiet.

PRICES OF METALS. TIN EASIER AGAIN. LONDON, March 7. Following were yesterday's quotations on the London metal market, compared with those of March s:— Mar. 0. Mar. 5. Per ton. Per ton. £ s. tl. £■ s. d. Copper, stan., spot 36 3 3 J 35 18 1J Copper, stall., 3 nios. 36 10 7J 36 5 7J Copper, electrolytic 40 10 0 40 5 0 to to 40 15 0 40 7 0 Copper, elcc., wire bars 40 15 0 40 7 6 head, soft, spot .. 16 11 3 36 11 3 IjC(kl. soft, forward 16 15 0 3 6 13 9 Spelter, spot .... 16 2 6 16 2 6 Spelter, forward 16 7 6 10 7 li Tin, stan., spot . . 213 35 0 23 4 10 0 Tin, stan., 3 mos. 204 12 6 204 17 6 Quotations for other metals, with last week's prices in parentheses, arc:—Pig iron: Home trade, £3 10/ (£3 10/); export, £3 10/ (£3 10/). Antimony: British, £72 10/ (£72 10/); foreign, £46 10/ (£4910/). Molybdenite, £1 15/6 (£1 15/6) a unit. Wolfram, £1 14/3 (£1 15/3) a unit. COTTON, RUBBER, JUTE, ETC. LONDON, March 7. (Quotations on Feb. 29 in parentheses.) Cotton. —Spot, 6.12 d (6.04 d) a lb; April delivery, 5.83 d (5.72 d). Rubber. —Para, B'/id (B%d) a lb; plantation and smoked, 7%d (7%d).

Jute. — March-April shipments, £19 18/1% (£10) a ton. Copra.—March-April shipments, South Sea, sun-dried, £12 7/6 to London and Rotterdam (£l3 12/6) a ton; South Sea, smoked, £11 15/ to Marseilles and Genoa (£l2 15/); plantation, Rabaul, hot air dried, £13 to London and Rotterdam (£l4 5/). Linseed Oil.—£2B 10/ (£2B 15/) a ton. Turpentine.—44/ (44/) a cwt.