THE LONDON MARKETS

New Zealand Herald, Volume LXIX, Issue 21247, 29 July 1932, Page 5

THE LONDON MARKETS

PRICES FOR METALS TIN STILL RISING (Received July 28. 8.35 p.m.) LONDON, July 27 (Quotations on July 26 in parentheses.) Copper.—Spot, £25 3 24(1 (£25 Is 3d) ; three months, £24 15s (£24 lis 10id). •Electrolytic Copper.—Spot, £27 10s (£27 10s); three months £2B (£2B). Wire Bars.—£2B (£2B). Lead.—Spot, £9 13,s 9d (£9 12s 6d); three months, £9 16s 3d (£9 15s). Spelter.—Spot, £ll 17s 6d (£ll 15s); threo months, £ll 18s 9d (£ll 16s 3d J.Tin.—Spot £127 2s 6d (£125 13s 9d); three months, £123 12s 6d (£127 7s 6d). 'American, 4.50 cents a lb., compared with 4.875 cents on July 25. STOCK SALES RATES AT PUKEKOIIE [from oun own correspondent] PUKEKOHE, Thursday Prices generally showed a rising tendency at the stock sale at Pukekohe to-day, conducted by Alfred Buckland and Sons, Limitod. There was a fair yarding of dairy cattle, but the quality was not up to the usual standard. Best dairy cows and heifers, close to profit, made from £G to £7 10s; good sorts. £4 10s to £5 15s; backward, £2 10s to £3 15s. There was an averago yarding of beef and values were decidedly firmer. Extra heavy primo young cows ami heifers brought £5 10s to £G; lighter sorts, £4 LOs to £5 ss; good killulilo cows, £3 to £i ss; old and boner cows, to £2 10s; extra heavy prime .steers, £8 to £8 10s; lighter prime, £G 12s Gd to £7 15s; 2-year to 3-year-old store steers, £2 to £3 10s. There was a fair yarding of fat pigs. Bidding was steady and lato rates ruled. Heavy baconers sold from £2 to £2 ss; light and medium, £1 13s to £1 18s; heavy porkers, £1 8a to £1 12s; light and medium, £1 2s to £1 7s. A keen demand was experienced for stores, which were yarded in large numbers, and for which high prices ruled. The best realised £1 3s to £1 7s; smaller, 17s to £1 Is; slips, 13s to 16s; good weaners, 10s to 12s; small, to 8s; sows due to farrow, £1 10s to £2 17s 6d; serviceable boars, £1 to £2 ss. DAIRY CATTLE AT FRANKTON The New Zealand Loan and Mercantile Agoncy Company, Limited, Bnmilton, reports that nt the weekly dairy salo at Franliton yards yesterday bidding for good quality early cattlo, particularly heifers, was brisk and prioes fully up to late rates were realised. The demand was not so keen for tho poorer quality animals. Best dairy heifers made £6 10s to £7 15s; good quality, £5 10s to £0 ss; backward, £3 15a to £4 10s; best early dairy cows, £6 5s to £7 10s; gpod sorts, £5 to £G; backward, £3 to £4 10a MATAMATA QUOTATIONS There were medium yardings of cattle and sheep and a good yarding of store pigs, for which competition was keen, at Dalgety and Company's usual fortnightly stock Bale at Matamata on Wednesday. Values were:— Cuttle; Light fat Jerseys cows. £2 Is to £2 10s; forward conditioned cows, £1 8s to £1 12s Gd; lighter cows, £1 to £1 7s; bousrs, 15s to lfis; well-grown Jersey and Jerseycross heifer calves, £'2; smaller sorts, £t 10o; dairy cows, close to profit, £4 10s to £G; more backward sorts, £1 10s, £2, £3, £3 15s; fair quality Jersey and Jersey-cross heifers, close to profit, £5 10s to £6 15s; smaller heifers, close to profit, £4 to £5; moro backward sorts, £2 10s, £3 and £3 10s; inferior quality (late calvers), 80s to £3. Pigs: Maiden Tnmworth sows, £2 12s; sow ond 4 young, £2 13s; best stores, 19s to 245; smaller stores, 15s to 18s; slips, 10s to 14s; weaners, 10s. Sheep; Fat ewes, 5s 9d to 7s Gd; good fat woolly hoggets, 12s 9d; fat and forward hoggets, 8s to 10s. PRICES AT HIKUTAIA The Farmers' Co-operative Auctioneering Company. Ltd.. reports that at tho Hikutaia sale on Wednesday only a medium yarding of beef and pigs came forward and a fair yarding of dairy cattle. Lato rateß were maintained for all classes. Quotations:— Pigs- Porkers, £1 3s to £1 9s: slips, 13s to 14s; weaners, 10s to 12a. Dairy cattle: Jersey cows, to £4; Jersey-Shorthorn-cross cows, to £2 10s; Jersey heifers, calved, £3 15s to #5 ss, Fat cattle: Primo fat heifer, £G 12s Gd; primo fat cows, £3 10s tc £5 lfis; medium, £3 15s to £4 10s; light, £2 to £2 15s; fresh store cows, to £1 Is; boners, to 14s. . JERSEY HEIFERS IN DEMAND [fly telegraph—OWN correspondent] WHAKATANE, Thursday The New Zealand Loan and Mercantile Agency Company reports that at the Whakatano sale to-day a number of Jersey heifers of extra quality came forward. Competition was keen. Prices were:—Best quality Jersey heifers, close to profit, £K (o £lO 17s fid; more backward heifers, £7 to £8: 50 Jersey heifers averaged £8; Shorthorn heifers, £5 to £6; dairy cows, close to profit, £5 to £10; backward and aged, to £4.