THE LONDON MARKETS

New Zealand Herald, Volume LXIX, Issue 21278, 3 September 1932, Page 5

THE LONDON MARKETS

QUOTATIONS FOR METALS TIN AND COPPER DECLINE (Received September 2, 7.35 p.m.) LONDON, Sept. 1 Following are to-day's quotations 011 the London metal market compared with those of August 31: — Sept. 1 Aug. 31 Per ton Per ton £ fid £' s d Copper, stall., spot . 35 6 3 35 1G 3 Copper, stan., 3 mos. 35 G 3 35 11 101 * Copper, electrolytic 37 10 0 37 10 0 to to 08 0 0 38 0 0 Copper, elect., wire burs . . . . 38 0 0 • 38 0 0 Lead. soft. spot . . 12 17 G 13 8 9 Lead, soft, forward 13 5 0 13 8 9 Srelter, spot . . 15 0 0 15 1 3 Spelter, forward . . 15 6 3 l-o 3 9 Tin, stun., spot . . 147 17 G 148 1 3 Tin. stun., 3 mos. . . 149 2 G 149 2 G 'American 5.75 cents a lb., compared with 5.G25 011 August 30. WHEAT, FLOUR AND PULSE Wheat. —Cargoes are neglected and occasionally 3d easier. Parcels are quiet at 3d decline. Futures.—London; September, 25s 2jd a quarter; December and February, 24s 10£ d. Liverpool: October and December, 5s 7 l-8d a cental; March, 5s 8 l-Bd. Spot trade quietly steady. Australian, ex ship, 30s. Flour, firm and active. Australian, ex store, 19s 9d to 20s 6d. Oats, quipt arid occasionally easier. Peas and beans, steady. Beet sugar, October, 6s a. cwt.

BRADFORD TOPS FIRMER MARKET REPORTED SYDNEY SALES' INFLUENCE LONDON, Sept. 1 The Bradford tops market is firmer on the strong opening of the Sydney wool sales. To-day's quotations and those for the previous three weeks are:— Per lb. Per lb. Per lb. Per lb. Aug. Ai?g. Aug. Sep. 4-11. 18. 25 1. d. d. d. d. Seventies . . 23 231 24 2-1J Sisty-fours . . 22 22 221 231 Sixties .. 21 21 211 22 Fifty-sixes . . 17 17 17 171 Fifties ..12 111 111 12 Forty-sixes . . 91 10 10 10 Forties 9 9 9 9 SYDNEY WOOL SALES CURRENT RANGE OF PRICES SYDNEY, Sept. 2 Wool price averages at the current Sydney market are as follows; Greasy Merino fleece, best, to Ife^d; average, 12d to 14d; light seedy or burry skirts, good, 12d to 13d, average, lOd; inferior, 6d to 9d; burry fleece, good, lOd to lid; average, 8d to 9d; inferior, 6d to 7d; best broken, light seedy, to llgd; average, BJ,d to pieces, 9d to lOd; locks, to 4d; bellies, burry, to 7d; lambs, light seedy, to 10|d; burry, to 7d; coineb.icks and crossbreds, insufficient to quote. NEW COMPANIES REGISTRATIONS IN THE SOUTH The following companies have been registered in Southern centres;— PUBLIC The Motueka Star Publishing Company, Limited, Motueka, to take over the newspaper printing and publishing business of G. J. W. Boundy. Capital, £3OOO in £1 shares. Subscribers: A. L.'Taylor, N. A. Vercoe, G. J. Allcott,' 250 shares each; T. Hewetson, L. M. McCallum, R. Atkins, C. A. Henderson, 100 shares each. PRIVATE Woodside Investments, Limited, Dunedin, sharebrokers, etc. Capital, £17,850 iu £1 shares. Subscribers: A. R. Brinslev, 17,849 shHres; H. S. Adams, 1 share. H. C. Foster, Limited, Waimate, Canterbury, drapers and clothiers, etc. Capital, £2750 in £1 shares. Subscribers: 11. C. Foster, 270*3 shares; M. F. Foster and I. Gardner, 25 shares each. The Dominion Executive Trust, Limited, Dunedin, to issue debentures, debenture stock, bonds and obligations, and securities of all kinds, etc. Capital, £2500 in £1 shares. Subscribers: S. R. Burns and R. Byford, 1000 shares each; A. F. Bruce, 500 shares.

The Waverley Press, Limited, Wellington, printers, etc. Capital, £2OOO in £1 shares. Subscribers: W. H. Cunningham, 1500 shares; G. M. Murch, 500 shares.

INCREASE OF CAPITAL " The Mount Campbell Gold ,Mining Company, Limited, registered in Auckland, has increased its capital to £7OOO by the creation of 1000 new shares of £1 each. EGGS FOR LONDON MARKET FIRST SHIPMENT LEAVES TO-DAY The first shipment of eggs to London this season, comprising 180 crates containing 64,800 eggs, will leave Auckland by tho Rangitata to-day. The crates were loaded yesterday under the supervision of tho Government grader, Mr. E. C. Jarrett. Everything possible has been done to ensure tho arrival of the eggs in first-class condition. PORK EXPORT TRADE THE SMITHFIELD MARKET "Now Zealand pork is now becoming favourably established on the Smithfield Market, and every endeavour is made by the board to encourage and develop our export trade in this class of meat, particularly with the present economic position before us," stated Mr. T. A. Duncan, acting-chairman of tho Meat Producers' Board, in his address to the annual meeting in Wellington. "Last season the board gave financial support to the Pig Recording Club in the Waikato and; being impressed with tho importance of the work carried out, the board lias arranged again to support this work. Tho Government recently agreed to tho setting up of "a committee representative of all interests concerned with the pig industry to make a complete investigation of tho industry with a viewto determining upon essential recommendations. The board is represented on this committee by its general manager. The duty of tho committee is to make investigations with a view to placing the pig industry in a better position, both as regards tho quantity of pigs marketed and their quality. It has also been suggested that uniformity of grading, both for local consumption and for export, should bo established." NATIONAL JERSEY SALE This year's national Jersey sale has drawn u world's record entry ,of butterfat bulls. Tho sale, established by Wright, Stephenson arid Company, Limited, for tho purpose of assembling the Dominion's best bulls, will be held at tho Claudelands Show Grounds, Hamilton, on September 14 and 15. New conditions of entry have been drawn up, which are exclusively for bulls of thoroughly proved butter-fat backing. This etep has met with great support from the leading breeders of the country.