OVERSEAS MARKETS.

Star (Christchurch), Volume LXVI, Issue 20418, 24 September 1934, Page 9

OVERSEAS MARKETS.

Dairy Produce Report From London. A QUIET PERIOD. The New Zealand Dairy Produce Board has received the following market report from its London office, dated September 21.: Butter. Sept, Sept. Last 21. 14. year. New Zealand— Salted 70-73 72-76 105-110 Salted, extra 78 Unsalted .... 8 4-86 86 108-1 12 Deliveries, tons 1.506 2.560 In store, tons 10,498 6.113 Australian, salted 7 Os-7 2 s (725-735). unsalted 745. ex. 76s (755-775); Danish 85* t'.o.b, 105 s spot (84s. 104s-105s>; Dutch, unsalted 665-76 s (665-765) ; Estonian, salted and unsalted 5Ss-62s (595-625); 625); Latvian, 58s-625) (595-645); Lithuanian. 58s-62s (595-645); Siberian, salted 61 s-62s (625-645); Ukrant&n. 60s (61s- 625); Polish, 50s-56s (525-58 s). Market slow and irregular. Retail prices unchanged—Danish Is Id, New Zealand lOtf. Imperial Economic Committee's estimated stocks a’l butters in store. 1,725,519 boxes (last year 963,511 ) Cheese. Sept. Sept. Last 21. 14. year. New Zealand— White 47 -47 i 47 -47 J 50-501 Coloured .. 441-45 411-45 54-55 Deliveries, crates 22,420 22.771 In store .. 130,050 105.623 Canadian, white and coloured 50s-51s fol-525); c.i.f.. white 50s, coloured 495. Deliveries Canadian 4314 boxes (1 1.500), and in store 89,000 boxes (103,000). -Market quiet. New Zealand retail price unchanged 7dd. English, finest farmers’, 104s-UQs; steady. Wheat Quotations. United Prees Assn.—By Electria Telegraph —Copy righ t. LONDON, September 21. Cargoes are steadier following better advices from primary markets and smaller shipments from Australia. Canadians are 3d higher and La Platas show 3d to 6d advance. Australians are in free supply and occasionally 6d to 9d. lower for New South Wales. There was some interest in Australians early, but with the renewal of liquidation in Liverpool and bearish Argentine crop advices the market closed quiet. Part of a New South Wales steamer, on passage to Hull sold at 25s 6d, 4000 tons ex Harmanteh at 25s 6d bulk, and by the Ardenhall at 27s 9rl bags and bulk. Parcels are steadily held. Manitobas occasionally arc 4id dearer and La Platas 3d to 6d advance. Australians show little change, but trading is quiet. Futures are quoted:

Saturday’s Report. LONDON, September 22. Cargoes are dull, sellers of Manitobas conceding 1-ld. Australians and Plates are in free supply at 3d to 6d down, but buyers are still reserved. Parcels are inactive. Manitobas lid to 4.1 d down, Australians unchanged to 3d down. Plates 4id down. Futures—London, Feb. 23s 10id, April 24s 3d. Liverpool—October 5s 3gd, December 5s 71d, March 5s lOid, May 5s Hid. American Brice*. NEW YORK, September* 22. Sept. 22. Sept. 15. Cents. Cents.

Cotton, Rubber, Hemp, Etc. LONDON, September 22. Friday’s closing quotations were as follow, those previously cabled being given in parentheses:— Cotton—Liverpool quotation: American middling upland, spot 7.05 d (7.10 d), October delivery 6.83 d (6.83 d) per lb. Rubber—Fine hard Para sld <s!d) per lb: Plantation first latex crepe 7 5-16 d (7gd) per lb. smoked ribbed sheet 7 5-lGd (7gd) per lb. Jute—lndian native first marks, Sep-tember-October shipment, £l4 10s (£l4 ss) per ton. Copra—South Seas, bagged, October. November shipment, £S (£7 15s). smoked £7 7s 6d (£6 17s Gd); Rabaul Plantation, £9 (£8 17s €d) per ton. Linseed Oil—£2o 10s (£2l) per ton. Turpentine—4is 3d (41s 3d) per cwt. London Metal Market. LONDON. September 21. Meta] Exchange quotations are as follow, those previously cabled being given for purposes of comparison:— Sept. 21. Sept. 20.

Pig iron—Home 67s 6d, export 62s 6d. Antimony—British £44 10s, foreign £3l los. Molybdenite—34s 6d. Wolfram—40s 6d per unit.

Sept. 21. Sept. 20. s. d. a. d. London (qr.)— Sept 21 4£ 21 4 Dec 22 10 23 1 Feb 23 10£ 24 11 April 24 3 24 6 Liverpool (cental) — Oct 5 3 5 4* Dec 5 6 8 5 83 March 5 9 3 5 11 i May 5 10* 6 Ofi

Chicago— Sept 104 103* Dee 104 1032 May 10 4* 1048 New York (cosh) .... 1102 109i

(Per ton.) (Per ton.) Copper— £ s . fi. £ s d Standard, spot . 27 11 3 27 11 mj Standard, fwd. 27 16 10J 27 18 1} Electrolytic . . 20 10 o 30 7 6 • to 31 o 0 30 15 0 American (cents per lb) ... . 9 Wire bars .... 3100 Lead— gl'Ot 10 10 0 10 10 0 Forward .... 1012 6 1012 6 Spelter— R POt 12 10 0 12 10 0 Forward 12 13 9 12 13 9 Tin— Spot 230 12 6 230 7 6 Forward 227 17 6 228 1 3 Silver— d. d. Standard, oz 21 i *>n £!"«• o*. SSI SSI