GOLD IN LONDON.

New Zealand Herald, Volume LXIX, Issue 21100, 6 February 1932, Page 5

GOLD IN LONDON.

SLfftHt RISE ■ •• ~,,/ •-• ■ . "v*r-xx« QUOTATIONS FOR.. SILVER. * ' ':•' /"•, LCHSTDOSV Ttsb. 4. Gold is quoted to-day at £6 Os Id an az.. compared with £5 13s 5d yesterday. Silver is quoted at 19Jd an ez. spot, afid lS'|d inrward T same as yesterdayThe quotation fcr silver at per standard ocnce is 19id and at per fine ounce 20£ d, same a3 yesterday. DAIBY I'RODITE MARKET. *— ;. - STEADY RATES MAINTAINED. BUTTER 101. TO 102 a A CWi. Although tie market Jar New Zealand dsiiry produce in Lend on lias been ixtSuenced this week by the proposed tariSli, ' thie actual measures were introduced tqo late for their fall efiect upon prices to be shown m the messages that have come to hand. After a strong last week, quotations for New Zealand finest ! batter have steadied this week _ at l£ss to 102s a ext., with good business reported at these figures. The _ cheese market is also stronger and quotations for coloured hare firmed Is a cwt. dazing the week, while those for whits have been steadily maintained. A Press Association message from London states thai the butter market is figs* said trade is good. Danish is quoted "at 153s a cwt.; choicest salted New ZeaSaad at 101s to 102s; Australian, .100s to 101s; cnsalted New Zealand. 110s to 112s ; Australian, 104s to 108s. In the cheese markes, there is a good demand for New Zealand- Coloured is quoted at 61s; ■or hue. 625; Australian, 59s to 605-. Ln the first week of January New Zealand choicest sailed and Australian wefa quoted at about 100s, the price being a nomicaJ met owing to tbe interruption «f supplies by the watjermsn'ji strike. Danish wa« easier at 134*. Chees* was firmer, New Zealand coloured at 57s and wbit« at S3*: Australian, 55s to sc*. Merchaats hare received, the loEowatg cablßgraaaa from their London houses, given in parentheses, daiad_ February 4>— Dalgety and Company, limited (Samuel Page and Son, Limited); —Battel; NewZealand, finest salted, 99* to 102s; Danish, 132s to 1345; Australian, finest onsalted, 106s to HQs; finest salied, 99s to 102s; general average quality, 9% to 38s, Chees«: The market is following an active demand. New Zealand, winte. 61s to 635; coloured, 60s to 82s; Canadian, white, 65s to 70s; coloured, 66s to 70s. Both markets are quiet following an actios demand. - A- S- Paterson and Company. Limited (J, and J. Lonsdale, Limited] : —B-qrcter--The Continental market is firm-owing to a gpod demand in England before the expected duties, and continued haying by Germany, Belgium and Swrixeriasd- The Lendco market is quiet awl buyers inactrre, expecting no duties on Dominion produce. New Zealand, 'tOOs to 102s; Australian, 93s to 101s. Cheese: White, 60s to 61s: cleared, 60s i& 61s, W. W. Bowker-—Butter; The market is onset. New Zealand, finest, 101s to 102s; gists, 99s to 100snnsakad, U2s to 114«; Danish, 130s; Australian, IOGs to 102s. Cheese: The market is steady. New. Zealand, white and coloured,. 625. „. u v - Nor den and Company, Limited (B. and Vs. Davidson, from Glag£^rw)—Butter; The market is quiet at 100s -te 102s * cwt., equivaient to 10.44 cl a H». r La-b^s: Auckland. Cheese :WMte,6ls to cwt., equivalent tn 5.75 d a Us., f.a.b. Auckland: eokmred, 625., equivalent* to 5.81 da. lb. AH very quiet owing to the i uncertainty of the tariff position.