THE LONDON MARKETS.

New Zealand Herald, Volume LXVII, Issue 20538, 12 April 1930, Page 7

THE LONDON MARKETS.

PRICES FOR METALS.

(Received April 11, 8.55 p.m.) LONDON. April 10. (Quotations on April 7 in parentheses.) Copper.—Spot, £6B 7s 6d (£69 Is 3d); three months, £67 7s 6d (£67 Is 3d). Electrolytic Copper.—Spot, £B3 5s (£B3 10s); three months, £B3 155"(£83 15s). Wire Bars.—£B3 15s (£B3 15s). Lead.—Spot, £lB lis 3d (£lB 3s 9d); three months, £lB 12s 6d (£lB 8s 9d). Spelter.—Spot, £lB (£l7 6s 3d); three months, £lB 12s 6d (£lB 17s 6d). Tin.—Spot, £166 5s (£162 6s 3d); three months, £163 2s 6d (£164 3s 9d). Silver. —Standard, 19 11-16 d (19 3-8 d) per 07..; fine, 21|d (20 15-16 d). NEW ZEALAND APPLES. Owing to the arrival of several Australian cargoes tho llangitane's New Zealand apples are selling cheaper than on Monday. Cox's, 18s to 225; Dunn's, 12s to 14s, and Worcester.?, 10s to 12s. BRADFORD TOPS. Tho Bradford tops market is very firm, but business is restricted by labour troubles. Quotations are: Sixty-fours, 28(1; sixties, 26d; fifty-sixes, 20^d; fifties, forty-sixes, 15Jd; forties, 15d. WHEAT, FLOUR AND PULSE. Wheat.—Cargoes are firm and sellers are asking an advance of 6d to 9d. Parcels opened firm at 6d to 9d dearer, but closed quiet. Futures. —London : May, 38s 9d per quarter; July, 39s 3d. Liverpool: May, 8s 2Jd per cental; July, 8s 4J,d net; October, 8s net. Spot trade fairly active. Australian ex ship, 42s 6d. Flour.—Quiet. Australian ox store, 31s to 31s 6d. Oats.—lmproved tone. Australian Algerian, 16s to 17s. Peas.—Dull. Blue Tasmanian, 260s to 280s; New Zealand, 240s to 2605. Maples: Tasmanian, 60s to 62s 6d; New Zealand, 50s to 555. Beans. —Steady. New Zealand 37s to 335. Beet Sugar.—May, 6s B^. MARKET REPORTS. FRUIT AND PRODUCE PRICES. Apple sales were slow at the Auckland City Markets yesterday and for some lines there was little demand. Good dessert pears met with a fair demand. Local tomatoes eased slightly in price but were higher than a week ago. Hothouse grapes were extremely dull of sale and there was no demand for passions. Bananas were scarce and repacked cases showed a large rise in price. The recent dry spell has had little effect on the vegetable market and one merchant stated that the quantity on the market is greater for this time of the year than ho has ever previously noticed it. Cabbages, lettuces, kumaras, beans and onions were in over-supply and difficulty was experienced in clearing the market. Heavy supplies of poultry were available but the demand was keen and they sold readily. Prices remained about level with those obtained last week. Values for hen and duck eggs registered a slight increase on last week's prices. Average supplies met with a good response. Farmers' butter again realised Is to Is 3d a lb, there being an average demand. Following are yesterday's prices:— FRUIT. Peaches: Goldon Queen. 5s to 8a a case. Cape Gooseberries: 4sd to sjd lb. .tomatoes; Local, No. 1, smooth, 7s to 8s a case; No. 2, 4s to 5s a case; Hutts, 6s to 7s. Apples: Cox Orange, choice coloured, 8s to 9s; poor coloured, 5s to Gs; Jonathan, 4s to 5s Gd; Munroes, 3s Gd to 4s Gd; Ballarats, 4s to 5s 6d; Delicious, choice, coloured, 5s to 0s; rejects and windfalls, Is 6d to 2s. Pears: Louis Hons, choice, 8s to lis; Packham s lriumph, 4s to 8s; Winter Cole, 5s to /s: Beurre Ciel, 4s to 4s Gd; Winter Bartlett, 4s to ss. Grapes: Hothouse, Colman, Is to Is 0d per lb; outdoor, Te Kauwhata, 7s Gd to 9s case. Lemons: 8s to 14s a case. Passions: Is Gd to 2s Od ft case. Oranges: Californian, 40s. Persimmons: 4s to Is. Figs: 2s 6d to 4s. Tree tomatoes: 5s to 9s. Repacked Bananas: 27s to 32s 6d a case. FIELD PRODUCE.

Potatoes, Southern, 7b to 7s 6d cwt; local, 3a to 'ls 3d cwt; onions, Is Gd to Cs bag; kumaras, 2s to Is bag; cabbage, Is to 3s sack; cauliflower. Is to 9s swedes, 2s to 3s bag: pumpkins, 2s to 4s cwt; citron melons, 4s to as 6d cwt; green peas, 6s to lis bag; beans, Is bag; lettuce. Is to 4s case: cucumbers, outdoor, 4e to 8s doz; vegetable marrows, Gd to la doz; water melons, 3d to Is Gd each; rock melons, 3d to Is each; cabbage, on benches, Is to 2s do_zen; cauliflower, on benches, 3d to 9d each; celery, Gd to 3s bundle; rhubarb, 2s to 3s doz; spinach, Is doz; pumpkins, on benches, 3d to 8d each; radish, Gd dozen; spring onions, 3d to Is bundle: carrots, parsnips, beat and turnips, Gd to Is doz; leeks, 3d to 4d bundlo. POULTRY.

Cockerels, heavy breeds, prime, 6s to 7s Gd; not prime, 4s to ss; light breeds, prime, 3s to 4s; not prime, Is Gd to 3s; fat roosters, heavy breeds, prime, 2s Gd to 3s Gd; light breeds, prime. Is 9d to 2s 3d; fat hens, heavy breeds, 2s 9d to 3s 9d; light breeds. Is 9d to 2s Gd; pullets, heavy breeds, best, Gs to 7s; smaller, 3s upwards; light breeds, best, Gs to 7s; smaller, 3s upwards; drakes, young, prime, 3s Gd to Is; smaller, 2s upwards; old, 2s to 2s Gd; ducks, young, 3s to 4s; old, 2s to 2s Gd; geese, fis to Gs; turkey hens, 6s to 9s; gobblers, 10s to 17s. DAIRY PRODUCE.

Hen eggs, first quality, special grade, 2s 9d a dozen; A grade, 2s 8d; B grade, 2s 2d; duck eggs, special grade, 2s 7d; A grade, 2s Gd: B grado, 2s Id; farmers' butter. Is to Is 3d per lb.

PRODUCE IN CANTERBURY.

LITTLE BUSINESS IN .WHEAT.

[hy telegraph.—press association.] CHRISTCHURCH. Friday. There is little business passing in wheat and millers are not operating on the market. Quotations are 5s 8d on trucks for Tuscan, 5s lOd to 5s 11(1 for Hunters and to 6s 2d for Pearl. Fowl wheat is offering more freely at present, but there are few buyers.

The oats'market is firm for April-Sep-tember. A grade Cartons are quoted here at 3s lOd f.0.b., s.i., while prompts are available at Dunedin and lnvercargiU at 3s 9Ad. The yield of oats in the South is particularly pood this year and the shortago of supplies evident in Canterbury will bo largely offset by the outstanding yields in the Pouth. B grade Cartons are quoted at 3's 9d f.0.b., s.i. Tho chaff market is practically at a standstill.

Tho potato market is still very weak, with little business passing. There are still a fair number of orders from Auckland. Tho Karepo took 2966 sacks to Auckland this week and these are selling at from £6 to £6 5s ox tho wharf. There is not another shipment leaving until next Tuesday, when the Kartigi leaves. It is expected that she will take a fairly heavy shipment. Quotations to-day are 95s for Whites and 97s 6d for Dakotas a ton; April-June, £4 10s; July-September, £5 10s; July alone, £5 a ton. The prico to farmers is £3 10s a ton on trucks.

The onion market continues very low and there has been a further easing tendency apparent during tho last three days. Sales havo been made nt 35s per ton. The chief hindrance to the market is that thero is no outlet.

Bran roso 10s a ton to £7 10s f.o.b. yesterday to fall in lino with' tho prices ruling in Australia. This brings it level with pollard, which is also £7 10s a ton f.o.b. at tho moment.

Tho small seeds market is neglected

BLENHEIM OIL REPORT. [BY TELEGHAPH. —PRESS ASSOCIATION.] NEW PLYMOUTH, Friday. Blenheim Oil Wells Company report under dato April 9:— Drilling has beoti resumed to a depth of 1856 ft. Hie formation is hard anuria sandstone there was a slight caving immediately about the bottom. Some time was lost mudding off.