THE LONDON MARKETS

New Zealand Herald, Volume LXIX, Issue 21248, 30 July 1932, Page 5

THE LONDON MARKETS

PRICES FOR METALS ALL-ROUND IMPROVEMENT (Received July 29, 8.55 p.m.) LONDON, July 28 (Quotations on July 27 in parentheses.) Copper.'—Spot, £26 3s lJjd (£25 3s ljd); three months, £25 15s 7|d (£24 15s 7^d). Electrolytic Copper.—Spot, £2B 15s (£27 10s); three months, £29 5s (£2B). Wire Bars.—£29 5s (£2B). Lead.—Spot, £lO (£9 13s 9d); three months, £lO 3s 9d (£9 16s 3d). Spelter.—Spot, £l2 2s 6d (£ll 17s 6d); three months, £l2 5s (£ll 18s 9d). Tin.—Spot, £129 3s 9d (£127 2s 6d); three months, £l3O 15s (£l2B 12s 6d). WHEAT, FLOUR AND PULSE Wheat. —Cargoes are firmer, and have advanced 6d to 9d. Parcels thow 6d to Is advance. Futures: —London: September, 25s 3d a quarter; December, 25s 3d. Liverpool: July, 5s 3 3-8 d a cental; October 5s 4 5-8 d; December, 5s s£d; March, 5s 7 l-Bd. Spot stocks are held for 9d to Is advance. Trading is inactive. Australian, ex ship, 27s 6d. Flour-is firm and dearer. Australian, ex store, 19s. Barley is steady. Australian, Chevalier, ex store, 28s to 32s 6d. Oats are dearer. Bearis ard peas firm. Tasmanian, Maples, 72s 6d to 755. New Zealand, ex ship, to arrive, 67s 6d to 68s. Beet sugar, August, 6s l|d per cwt. THE CITY MAKKETS YESTERDAY'S AUCTIONS UPWARD TREND CONTINUES Slightly firmer prices again ruled at the Auckland City Markets yesterday. Although the demand for apples and pears was fairly dull, several varieties advanced about 6d a case. Delicious apples realised 3s to 5s 6d, Jonathans, 3s to ss, and Sturmers, 5s to 6s. Oranges also brought better- prices, but mandarins and bananas were a little cheaper. Hothouse tomatoes jumped up about 10s a case, best quality bringing as much as 265. In the vegetable section the upward trend in rates of onions and citron melons, noted earlier in the week, was continued. Swedes and celery also realised higher prices. Of tho poultry, cockerels regained the price level of recent weeks. Young ducks and drakes firmed slightly, but there was little demand for old birds. There was only a small supply of poultry. Values for eggs were unchanged, but farmers' butter receded Id a lb. at 8d to lid. . Yesterday's prices were:— FRUIT. Apples, Delicious, 3s to 5s 6d a Jonathans, 3s to ss: Ballarats. 4s to 5s 9(1: Granny Smith, 5s Cd to 7s; Munroeß. 4s to 5s- Salome, 4s to 4s 6d; Stunners. 5s to 6s | Parlin's Beauty. 3s to ss; pears. Coles and Nelis, 6s to 8s; passions, local. 5s to <>s- \ustralian, 10s to 13s; grapefruit, local. 3s' to 4s 6d; oranges. Island, according to count, lis to 14s 6d; Australian navels, /a 6d to 103; poormane. 23 to 4s; mandarins, fis to 8s; tomatoes, hothouse, .No. 1, 20s to o(; 8 . No 2 and medium, 10s to 16s; Coo.i Island, 13s to 13s 6d: lemons. 4s to 8s: tree tomatoes, 3s to 5s Gd; black 5s to 7s; tpines. Us to ins; bananas. 1. riDC. 17s; No. 2 and mediums, 10s to 15s. FIELD PRODUCE. Potatoes, Southern. 7s 6d to Ps a cwt.: new, lid to 3!d a lb.: onions, local. 8s to 8a Gd a bag; Southern. 8s to lis a cental: lcuniaras, Taurajjga. Is to <s 6d a: cwt., cabbage, Is 6d to 3s 6d a sack; cauliflower. 2s Gd' to 4s 6d; swedes. 2s to 3s a bas pumpkins, 2s to 4s a cwt.: citron melons. 2s to 3s a sack; Kieen peas. 8d a lb.; bean., hothouse. 8d to Is 3d; lettuce, la to 4s a case; cucumbers, hothouse. 3s to 5s 6da <lozen; vegetable marrows. 2s to 3s 6d: cabbage, loose. Is to 2s; cauliflower, loose. 6d •to 4s; celery. 3d to 3s 9d 0a to 4s 6d a dozen; epinach. 6d to is. pumpkins, loose. 2d to Bd. each: radish« 6d to Is a dozen; sprint: onions 6d to lQ.d a bundle: carrots, parsnips, beet and tomps. to 8d a dozen: Brussels sprouts. 3d to lid a lb : keks. 2d to 4d a bundle; chokos. Gd to Is 3d a dozen. POULTRY. Cockerels, heavy breeds. Primc. Js o<j to s? fsf 1^ tj» 9d- light. 18 6d to 2a: ptillets heavy best. }5 6d to 3i ; 9dTiS\le?.TuPwkr| draW Gd;® turkey hens. 3s to 'ss 6d; cobblers. 5s to 12S " DAIRY PRODUCE, butter, 8d to lid. _ NEW COMPANIES SOUTHERN REGISTRATIONS The following private companies have been registered in Southern centres:— S. W. Peterson and Company, Limited, Wellington, general merchants and manufacturers' representatives, etc. Capital, £7500, in £1 shares. Subscribers: S. \V. Peterson, 5500 shares; D. R. Maseficld, 700 shares; Carrie Peterson, D. J. McGowan and L. M. Fairdoth, 300 shares each; W. Cavill, 250 ( shares; Iv. P. Cox, 150 shares. . ' E. L. McKeon, Limited, Chnstchurch, drapers and mercers, etc. Capital, £ISOO, in £1 shares. Subscribers: E. L. McKeon, 1498 shares; A. L. McKeon and J. K. McKeon, 1 share each. CANTERBURY MARKETS SHARP RISE FOR POTATOES [by telegram—pbess association] CHRISTCHURCH, Friday Tho potato market has undergone some change during tho week. Values increased from £5 7s 6d to £6, f.0.b., sacks included, for prompt delivery, the equivalent price to farmers being £4 15s to £4 17s 6d. The sharp rise is possibly accounted for to some extent by the calling of July shipments f.o.b. to-morrow, the last day of the month. It is expected that there will bo heavy arrivals at tho port as a result, and these will havs to await the arrival of the Waipiata, now loading at Bluff. Her cargo when she leaves Lyttelton will be a heavy one, and, in an ordinary season, would arrive on a bare northern market, as shipments in the last fortnight have been very light. There is little demand from Auckland, and the big reduction to date this year of shipments from Lyttelton indicates a heavy decline in consumption. The Wingatui during the middle of the week took only 2000 sacks from Canterbury ports, so supplies in Auckland have every chance to clear. Prompt values to-day are £5 17s 6d to £6, and August-September, £6 12s 6d. Canterbury yields still continue light, although some districts provide exceptions. Fowl wheat is meeting with more inquiry, and is not easy to pick up. Sales have taken place at 4s lOd, f.0.b., sacks excluded. Tho chaff market is still lifeless. Quotations to farmers are from £3 12s 6d to £3 15s a ton, or £5, f.0.b., sacks included. BRADFORD TOPS LONDON, July 28 The Bradford tops market i 3 steady but business is quiet. To-day's quotations compared with those for the previous three weeks arc:— Per lb. Per lb. Per lb. Per lb. July July July July 7 14 21 28 Seventies . . 23 23 23 23 Sixty-fours . . 22 --5 22 Sixties • • 201 2L 21 Fifty-sizes .. 16 J? 3.7 . Fifties .. 10i JU 12 12 Forty-sixei • • 9 , on Forties . . 8} 9 0 □