OVERSEAS MARKETS.

Star (Christchurch), Volume LXVI, Issue 20365, 24 July 1934, Page 9

OVERSEAS MARKETS.

Restrictions Likely in September. MEAT QUOTAS. United Press Assn.-By Rlectrlc Telegraph—Copyright. (Received July 24. 1.30 a.m.) LONDON. July 23. It is at present intended to enforce Mr Elliot's, meat restrictions in September. A departmental committee i: 5 preparing shipping schedules allocating the Dominions and Argentine ex- 1 ports. The “Sun-Herald” understands that these are based approximately on the Ottawa figures, and accordingly Australia is unlikely to be drastically curtailed because her exports have not greatly exceeded Ottawa. However. New Zealand has been enormously in excess, particularly in mutton and lamb. It is expected that New Zealand will be the principal Dominion sufferer. Mr Elliot’s restrictions on exports in some cases may be half the existing rates. High Commissioner’s Cable. The Department of Agriculture ha#? received the following cablegram, dated July 21, from the High Commissioner for New* Zealand, London:— Tallow—No auction this week. Spot business continues in good colour sorts. Low grades neglected. Values about unclia nged. Hemp—Manila. Market quiet but steady, with values unchanged. Si*sal • Market dull and easier at lower prices. July-September and Ausust-Oetnber shipments sold at £l4 7s 6d. New Zealand: Market dull with no first-hand sales reported. Apples—Cargoes of Trojan Star at Avonmouth and Turakina at Manchester in good condition except for Statesman, which are partly wasty. Steady demand. Current prices are;—Dunn’s Favourite, 7s to 9s; Rome Beauty. 9s to 9s 6d; Delicious, 8s to 10s 6d: Ballarat, 10s 6d to 11s; Dougherty. 10s to 13s; Granny Smith. 12s to 17s fid: Statesman. 9s to 12 s; Sturmer. Yates, Taflma and Rokew’ood, 10s to 12s. Cargoes. Parcels and Futures. (Received July 24. 1.30 p.m.) LONDON, July 23. Cargoes—Firme tone. Parcels—Fully steady. Futures are quoted—London, September, 22s 4&d per bushel; December, 28s SJd. Liverpool. July, 5s 3d per cental: October, 5s 6Jd; December, 5s 8d; March, 5s lOgd. Bradford Tops Trade is Quiet. United Press Assn.—By Electric Telegraph—Copyright. (Received July 24. 12.30 p.m.) LONDON, July 23. The Bradford tons trade is quiet. It is difficult to get 28d for 64’s.

N.Z. Apples in London. (Received July 24, 12.30 p.m.) LONDON, July 23. The Port Hobart's, Port Curtis's and Fordsdale’s New Zealand apples sold as follows;—Granny Smith, 14s to 17s per case, Stunners. 9s 6d to 12s; delicious, 9s 3d to 10s; Doherty, 9s fid to 11s 3d; Rokewood, 10s 6d to 11s 9d. Price of Gold. (Received July 24, 9.30 a.m.) LONDON. July 23. Gold is quoted at 137 s 10jd per ounce. Other gold quotations this year have been as follows;

MARKET REPORTS. Local Prices are Fairly Firm. Only odd inquiries for potatoes are coming: from the North Island. Farmers are not offering: largre lines, and some of the digging:, held up by the recent wet weather, remains to be done. Most of the unbagged lines are still in the ground, there having been a lesser amount pitted this season. The recent firmness in partridge peas continues. Fowl wheat remains firm. The oat market is still dull, with few sales. Following are the prices quoted to be paid to farmers on trucks at country stations, sacks included unless otherwise mentioned:— Wheat, fu.b.—Tuscan 3s lOd, Hunters 4s, Pearl 4s 2d (July delivery). Fowl Wheat—3s to 3s Id a bushel. Potatoes—Whites £2 10s (July); Dakotas, £2 10s to £2 12s 6d (July). Onions—3os to 35s a ton, according to quality. Ryegrass—Perennial 3s 3d to 3s 6d; Italian and Western Wolths 3s 3d to 3s 6d. Cocksfoot —Akaroa 9d to 10s; Plains 6d to 7d. Clovers—White Is to Is 4d; cowgrass to lOd. Oats—Cartons Is 8d to Is lid; Algerians Is 7d to Is 9d; Duns Is 9d to 2s a bushel, according to quality. Chaff—To £2 10s. Partridge Peas—No. l’s 4s to 4s 3d; f.a.q., 3s 6d to 3s 9d. Linseed—£l4 a ton. Bran—Shipping £4. local £4. Pollard—Local £5 ins, shipping £4 10s. Flour—£l3 12s local, £l7 17s for shipment to the North Island. with the usual increments for smaller packages. Ashburton Stock Sale. (Special to the "Star.") ASHBURTON. July 24. There was a short supply of mutton lines at the Ashburton saleyards today. when prices advanced from Is 6d to 2s a head, compared with last week s sale at Tinwald. The sale was conducted in fine weather and bids came freely < for primest lots. A Mitcham client received 20s 7d fori four ewes and 18s 7d for four others, I while J. Gregory (Seafieid) got 20s 7d for five and J. Bruce (Seafieid) 19s 4d J for seven. Other prime ewes brought from 17s lOd to 17s Id, while medium sorts ranged from 16s lOd to 15s 10d. and lighter sorts ranged down to 13s IQd and 13s 4d. J. Gregory received 26s lOd for three wethers and 23s lOd for two. Other sales were made at 16s 7d. 14s Id and 13s 4d. J. Souter (Seafieid) got 24s 6d for one lamb and J. K. Deal (Eiffelton) 20s 3d for one. A fat heifer, the only beast offered, brought £5 ss. TEMUKA SALE. (Special to the “ Star.”) TEMUKA, July 24. Fat cattle prices showed a rise of nearly 20s per head at to-day's market. The entry was made up of good quality fiteers and cows, which sold according to condition. Medium sorts were about on a par with those ruling a fortnight ago.

s. d. January 2 127 0 February 5 (official) 140 0 March 1 137 1 April 3 135 2 May 1 135 11J June 1 137 1J July 2 137 10 July 18 138 0 July 19 137 10