OVERSEAS MARKETS.

Auckland Star, Volume LXVII, Issue 4, 6 January 1937, Page 4

OVERSEAS MARKETS.

THE METAL MARKET. VALUES ARE EASIER. (Received 1~ p.m.) • LONDON, January 5..; Following are to-day's quotations on the London metal' market, compared with those of January 4:-— Jan. 4. Jan. 5. Per ton. Per ton. C s. d. S s. d. Copper, etan., spot 49 11 3 48 8 9 Copper, stan., 3 months 49 16 3 48 14 51 Copper, electro. .. 54 10 0 53 10 0 to to 55 0 0 54 0 0 Copper, elee., wire bars 55 0 0 54 0 0 Lead, soft, spot .. 27 2 6 26 12 6 Lead, soft, forward 27 2 6 26 11 3 Spelter, spot 19 18 9 19 1 3 Spelter, forward . 20 6 3 19 7 6 Tin, stan., spot .. 231 2 6 228 10 0 Tin, stan., 3 mos. 231 12 6 229 2 6 Silver, oz.. spot . 211 d 21 5-16 d tsilver, fine, oz .. 22 15-16 d 23d MEAT AT SMITHFELD. The following cable, dated December 31, 1980, has been received by the Bank of Australasia from its London office:— ■ "Frozen # Lambs.—During the week before Christmas demand good for the time of the year, with Australia and New Zealand arrivals increasing; however, market somewhat weaker and position worse as stocks accumulating, there being no demand during the Christmas period. Frozen mutton: In fair demand for moderate stocks; market continues firm. Frozen beef: Owing to limited supplies prices have advanced slightly." BUTTER ADVANCES. NEW ZEALAND 4/ HIGHER. Butter prices in London have advanced with sternly quotations at the improved levels, New Zealand being 3/ to 4/ better than at the beginning of the week. Latest cabled quotations:—Danish 104/, choicest salted New Zealand, 97/ to 98/; Australian, 97/; unsalted New Zealand, 99/; Australian, 98/.