WOOL STILL RISING.

New Zealand Herald, Volume LXIX, Issue 21233, 13 July 1932, Page 5

WOOL STILL RISING.

10 PER CENT. ABOVE JUNE.

RATES AT LONDON SALES.

STRONG COMPETITION RULES. LONDON, July 11. At tho London wool sales to-day 9276 bales were offered, including 2547 from New Zealand, and about 6800 were sold. There was strong competition, especially by the home trade, with fair Continental support. Prices generally were 10 per cent, above the June closing rates. Fine Merinos were 15 per cent. up. New Zealand clips sold as follows: Greasy halfbred, " Glenfield," top price, ll£d, average, lid; scoured combing, " Curraghmore," 17d arid 16^d. BRADFORD TOPS. On the Bradford tops market there is more business and prices are firm. DAIRY PRODUCE PRICES. BUTTER QUOTED AT 103s. LONDON MARKET FIRM. Joseph Nathan and Company, Limited, has received the following cablegram from Trengrouse and Nathan, Limited, London, dated July 11:—Butter, 103s (last report 102s), The market is firm. Cheese: White, 595; coloured, 58s to 595. The market is quiet. THE LONDON MARKETS. PRICES FOR METALS. COPPER AND TIN DOWN. LONDON, July 11. (Quotations on July 7 in parentheses.) Copper.—Spot, £26 5s 7£d (£27 3s 9d) ; three months, £26 8s 9d (£26 16s 3d). 'Electrolytic Copper.—Spot, £3O 10s (£31); three months, £3l (£3l 10s). Wire Bars.—£3l (£3l 10s). Lead.—Spot, £lO 5s (£lO Is 3d); three months, £lO 15s (£lO 10s). Spelter.—Spot, £ll lis 3d (£ll lis 3d); three months, £l2 Is 3d (£l2 Is 3d). Tin.—Spot, £124 17s 6d (£127 12s 6d); three months, £126 7s 6d (£l2B 17s 6d). 'American 4.875 cents a lb., compared with 5.25 cents on July 7. THE CITY MARKETS. YESTERDAY'S AUCTIONS. EGG PRICES AGAIN LOWER. A further fall of Id a dozen in the prices of eggs occurred at the Auckland City Markets yesterday. First grade, both hen and duck, realised only Is Better values obtained for several lines of fruit, but in the field produce section rates showed an appreciable downward trend. There was a keener inquiry than usual for lemons and prices firmed at 4s to 6s 6d a case. Hothouse tomatoes, at 20s to 25s a case for first quality, and Poorman oranges, also advanced slightly. Apples were more keenly sought at late rates, but the demand for pears was p00r,.Lower rates ruled for cabbages, Is to 3s a sack, cauliflowers, 2s to 6s a sack, swedes and pumpkins. Other fluctuations were only minor ones. Poultry and farmers' butter were practically unchanged. Yesterday's prices were:— FBUIT. Apples, Delicious. 4s to 5s 9d a case: Jonathan, 83 to ss: Ballarats, 4s to 6s 6d: Granny Smith, 5a to 6s 6d; Dougherty. 2s 6d to 4s; Munroes. 3a (id to 4s 6d: Salome. 4a to 4a Gd>; pears. Coles and Nelis, 5s to 7a 6d; Keiffers, 4a to 4s 6d; Buerre Bosc. 3s to 4a; paßsions. local. 6s to lis: tree tomatoes, 3s to 5s 6d: black, 5s 6d to 7a; grapes, hothouse, extra choice, Colman. Is 9d to 2s 6d a lb.; others. 9d to Is 6d: Australian white, 20s 6d a case: oranges. Island. 12s to 14s; Australian navels. 7s to 9s: commonds, Sydney, 6s to 7s: Dines, Australian. 12s to 15s; mandarins, Australian, 8s to lis; lemons, local, 4s to 6s 6d; tomatoes. No. 1, hothouse. 20s tc> 255; medium and email, 10s to 16s: outdoor. 4s to 8s: Doorman oranges, 3s to 4s: bananas, No. 1. repacked, ripe, up to 18s: No. 2 and medium. 8s to 14s; cape gooseberries. 3d a lb. FIELD PRODUCE. Potatoes, Southern. 7s 6d to 8s 3d a cwt.: new. Id to 2d a lb.: onions, local, 7s to 9b a bag; Southern, bad order, 8s to 10s a cental: kumaras, local. 4s to 5s a bag: Tauranga, 7b 6d to 8a 6d a cwt.: cabbage, heavy supplies, Is to 3a a sack; cauliflower. 2s to 6s; ewedes. Is to 2s a bag; punipkins, 2s to 4s o cwt.: citron melons. 2a to 3a a sack; green peaa. 7d a lb.; beans, hothouse, 8d to la Id: lettuce. Is to 4s 6d a case: cucumbers, hothouse, 43 6d to 6s 6d a dozen: vegetable marrows. Is 6d to 3s: cabbage, loose, la to la 6d: cauliflower, loose, la to 4s; celery, 6d to 2a 6d a bundle: rhubarb, 2s to _3s 6d a dozen; spinach. 4d to 9d: pumpkins, looae, 2d to 6d each: radish, 6d to 9d a dozen: spring; onions. 4d to 8d a bundle: carrots, parsnips, beet and turnipa, 4d to 8d a dozen; Brussels sprouts. 2d to 3d a lb.: leeks, 2d to 3d a bundle; chokos, 9d to Is 3d a dozen. POULTRY. Cockerels, heavy breeds, prime, 2s 9d to 4s 9d: not prime, 1b 6d upward; light, prime. Is 6d to 3s; not prime. Is upwardfat roosters, heavy, prime. Is 9d to 2s 3d: light. 1b 3d to Is 9d; fat hens, heavy. 2a to 2s 9d; light. Is 6d to 2s: pullets, heavy, best. 3s to 4s 6d: smaller. 2a upward; light, best. 3s to 4s 6d: smaller. 2a upward; drakes, yonng. prime, la 9d to 2s 9d; smaller. Is 6d upward: old, la 3d to Is 9d; ducks, young. Is 9d to 2s 9d: old. 1b 3d to Is 9d: geese. 2s 6d to 3s 3d: turkey hens. 3s to 5a Cd: gobblers. 5s to 12s. DAIRY PRODUCE Hen and duck eggs, first grade, Is 2W a dozen: B grade, Is lid: C grade, llld: Farmers' butter, 8d to lid a lb. FOREIGN EXCHANGES. STERLING SLIGHTLY EASIER. British Wireless. RUGBY, July 11. The following rates on foreign exchanges are current, compared with the cabled quotations on July 9 and par:—

CUSTOMS EXCHANGE RATES. Rates of exchange ruling at the announced date of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked*:— Niagara, U.S.A., dollars . . .. *3.08 Niagara, Honolulu, dollars . . . . *3.60 Niagara, Canada, dollars . . . . *4.17 Canadian Conqueror. Canada, dollars 4.14 Hauraki, America, dollars 3.61 Hauraki, Canada, dollars .. .. 4.251 Brisbane Maru, Japan, yen .. ... 18.5 Golden Coast, America, dollars .. 3.57 Mariposa, America, dollars .. •« 8.571

July 11. July 9. Par. Montreal, dol. .. 4.085 4.105 4.866 New York, dol. . 3.55} 3.58J 4.866 Paris, fr. 90 11-16 91.25 124.21 Brussels, belga . 25.625 25.80 35.00 Geneva, fr. 18.275 18.40 25.22 Amsterdam, fl. .. 8.835 8.885 12.10 Milan, lire 69 13-16 70.25 92.46 Berlin, r.m. 15 15.10 20.43 Stockholm, kr. .. 19.50 19.55 18.159 Copenhagen, kr. . 18.45 18.45 18.159 Oslo, kr. 20 8-16 20.25 18.159 Vienna, seh. 82.50* 83.50t 34.585 Prague, kr. 120.25 121 164.25 Btelsingfors, mark 235 235 129.23 Madrid, pes. 44 3-16 44.25 25.221 Lisbon, escu. 110 110 110 Athens, dr. _ .. 550 555 375.00 "Bucharest, lei. .. 597.50 600 813.6 Rio de Janeiro, mil . 5 1-32 5 1-321 5.899d Buenos Aires, dol. — — 47.619d Montevideo, dol. 30 f 301 51d Bombay, rupee . 18 1-32 18 1-32 18d Shanghai, tnel .. 20 19 13-16 — Hongkong, dol. . 151 15.25 — Yokohama, yen . 188 18.25 24.58d Batavia, fl. — — 12.10 Belgrade, din .. 220 • - 276.31