THE LONDON MARKETS

New Zealand Herald, Volume LXX, Issue 21450, 25 March 1933, Page 7

THE LONDON MARKETS

QUOTATIONS FOR METALS TIN AND COPPER FIRMER LONDON, March 23 Following aro to-day's quotations on the London metal market, compared with thoso of March 22: Mar. 23 Mar. 22 l'er ton Per ton £ad £ a d Copper, (}tan., spot . . 28 G 3 28 1 10J Copper, stun., 3 inos. . 28 11 10J 28 8 9 'Copper, electrolytic . 32 10 0 32 10 0 to to 33 0 0 32 15 0 Copper, elec., wire bars 33 0 0 32 15 0 Lead, soft, Bpot . . 10 12 G 10 10 0 Lead, soft, forward . . 10 16 3 10 12 6 Spelter, spot . . . . 14 15 0 14 11 3 Spelter, forward . . 14 15 0 14 11 3 Tin, stan., spot .. 149 6 3 148 11 3 Tin. stan., 3 mos. . . 150 1 3 149 6 3 •American. 5.12 cents a lb., compared with 5.25 cents on March 21. WHEAT, FLOUR AND PULSE Wheat.—Cargoes are in better inquiry and business in parcels closed steady. Futures :—London : June, 20s 3d a quarter; September, 21s Id. Liverpool: March, 4s 7gd a cental; May, 4s 7 S-8d; July, 4s 9£d; October, 4s lljjd. Spot trade slow. Australian, ex ship, 24s 6d to 25s 6d. Flour: Easier. Australian, ex store, 20s to 20s 6d. Oats: Slightly easier. Peas and beans: Quiet. Beet sugar: April, 5s 9|d. RABBITSKIN SALES At the London rabbitskin sales to-day 2500 were offered and 1040 were sold. Furriers' sorts were neglected and pulling sorts were 5 to 10 per cent below January rates. Unpulled sorts were 5 per cent down. EXPORT OF APPLES AUSTRALIAN EXPERIMENT An interesting experiment will be carlied out at Hobart, Tasmania, shortly, when a fast cargo vessel will leave for Rotterdam with a full consignment of apples stowed in non-refrigerated space. The vessel is expected to make the passage in 32 days. A call will be made at Port Said, where a smaller consignment will bo landed. The apples will be stowed in cases on the shelter deck, allowance being made for a free current of air between the cases. Special precautions will bo taken in regard to stowage and ventilation. Careful records will be kept during the voy age. It is expected that freight on this vessel will work out at about 3s lJ*d a case, compared with about 4s 2d a case for apples carried in refrigerated holds. Apples chosen for shipment will be the harder varieties, such as Jonathans, Dunns and Cleopatras. STOCK SALES TE AWAMUTU QUOTATIONS Dalgety and Company, Limited, report having held their usual tri-weekly sale at To Awamutu on Thursday, when there was a large yarding, consisting of 2167 sheep, 355 cattle and 562 pigs. There was a good attendance of buyers, full late rates were obtained, and a very satisfactory sale resulted. Quotations Sheep: Fat wethers, 12s 6d to 14b 9d: fat ewes, to 5s Gd; forward ewes, 4s 3d; fat woolly lambs, 9s Gd to lis 8d: forward lambs, to 8s; store lambs, Gs 4d to 7s 3d; a line ot 294 four and eix-tootli wethers in forward condition, lis 8d; mixed age ewes, 7e Id to 7s Gd; cull ewes, to 4s 3d; full-mouth ewes. Gs 6d: rams, 4s to 15s. Cattle: Fat bullocks, JES 12s to £7; fat cows and heifers, £3 3s to £3 19s; others, to £3 Is; fleshy cows, to 475; bulls, to £5 15s; pen o£ Polled Angus steers, 25-year-old. £3 2s: good Jersey weaner heifer calves, £2 ss; inferior, 14s to 30s. Pigs: Light baconers, 34s to 375: heavy porkers, 31s 6d to 335; n:edium, 25s to 325; liirht, £1 Is to 245; medium stores, 13s to 16s; large stores, 16s to 20s; good slips, to 10s; wcaners, to lis. GOOD ENTRIES AT KAMO [from our own correspondent] "WHANGAREI, Friday Tho North Auckland Farmers' Co-opera-tive, Limited, report that at tho usual monthly cattl© sale at Kanio yesterday there was an exceptionally large yarding for this time of the year, competition in somo classes being very keen. Steers were somewhat hard to quit. Quotations; —Best dairy heifers made £4 10s to £5 7s Gd; inferior, £2 10s to £4 ss; best dairy cows, £4 5s to £4 7s 6d; medium. £3 to £4 ss; fat cows, £2 10s to £3 ss; fat steers, £4 10s to £5 Gs; forward cows, to 365; boner cows, to 265; boner bulls, to £6; 35-year-old steers, fair quality, to £3 Is; 35-year-old steers, to £2 8s; 18-month steers, to 265; weaner Shorthorn steers, 9s to 12s; weaner Shorthorn heifers, 4s ta ss; weaner Jersey heifers. to 265; weaner pigs, 7s; slips, to 13s. Daleety and Company, Limited, report having a good yarding of all classes of rattle. There was a' good attendance of buyers, with keen competition, and prices were on n par with late rates. Values were:—Dairy cows, close to profit. £4 10s; 4-year-old bullocks, in forward condition, £3 16s; 2-year-old Shorthorn bullocks, £2 4s; .Shorthorn steer calves, 10s; cows and calves, £1 13s; boner cows, to £1 15s; boner bulls, to £4 ss. PRICES AT TE KUITI [by telegraph—own correspondent] TE KUITI, Friday Dalgety and Company, Limited, report that at their usual fortnightly sale at Te Kuili, to-day there was a heavy yarding of cattle, many good lines of bullocks coming forward. Buyers weie present from the Waikato and. although values were considerably easier than at tno February sale, vendors met the market and the bulk of the yarding was sold under the hammer. A medium yarding of sheep sold at late rates. Quotations:—Best fat bullocks made £4 17s Gd to £5 15s; light fat bullocks. £3 18s to '£4 15s; forward l'our-ycar Polled Angus bullocks, £3 16s; forward Hereford and Shorthorn bullocks, to £3 10s; large rough steers, £2 15r to £3 2s Gd- others, to £2 10s; fat cows, £2 to £3 Is; fresh conditioned cows, to £1 18s; others, to £1 10s; 18-months Polled Angus heifers. £1 10s, Sheep: Ewes, 5s 8d to 7s; good shorn wether lambs, Gs 9d; small two-tooth wethers, 7s Gd; good shorn owe lambs, 8s 10d. GISBORNE SHEEP VALUES [by telegraph—own correspondent] GISBORNE. Friday Brisk competition ruled for tlio small J'ardings of store sheep at Matawhero today. and values were firm on previous quotations. There wns no alteration in tho fat sheep rnkrket, compared with last week. Thero was an uninteresting entry of fat cattle. Good cows mado up to £2 12s Gd: lighter, to £1 I7s Gd; fairly well-finished heifers, £1 17s Gd, The entry of fat sheep totalled 619 Ono pen of owes mado 6s 2d: moßt pens, 5s Id to 5s lOd; and a few sold nt 4s 7tl to 4s lOd. Lambs generally sold at 8s 4d to 8s lOd, with one pen nt 6s lid and one of Downs at 9s 4d. Second gindo ewes made 4s to 5s 4d. A* small entry of store sheep wns offered. Fivo-yeiir owes went to Gs 8d: four, six and eight-tooth, to 7s ; medium-conditioned six-yen r ewjs, to 4s 8d! lambs, to 7s for an excellent pen, and fairly good, 5s 4d to 5s 9d; two-tooth ewes, fairly good, mado 8s 3d, and good store withers, 7s lOd to 8s 2d. . CLEARING SALE AT PUkEKURA Tho New Zealand Lonn and Mercantile Agency Company. Limited. Hamilton, reports that at a clearing sale conducted on account of Mr, 'l'. J. Prior at Pukekura on Thursday, there was a large attendance, nnd a very good sale resulted for the small herd of 16 cattle. Eyerytliinc changed hands under brisk competition. Best-conditioned dairy cows, at profit, made £6 to £7 ss; medium, £5 to £0; poorer, £3 10s to £4 15s.