OVERSEAS MARKETS.

Auckland Star, Volume LIX, Issue 232, 1 October 1928, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. THE BOARD'S REPORT. . The New Zealand Dairy Produce Board has received the following market report from its London office, dated September 28:— Butter. —New Zealand: Salted, 180/, ] 84-/, up to 186/; unsalted, 186/ to 196/; first gr-ade whey, 166/; second grade whey, ]6'2/. Deliveries New Zealand this week, 650 tons. In store. 4100 tons. Australian: Finest salted, 168/ to 174/; unsalted, 182/ to 188/. Argentine: Finest salted, 176/ to 182/. Irish creamery: Salted, 175/ to 378/; unsalted, 184/. Danish: Spot, 195/ to 196, ; f.0.b., 190/ to 191/. Dutch: Unsalted, 192/ to 194'. Estonian: Salted, 180/ to 182/; unsalted, 184/ to 186/. Latvian: 176/ to 180/. Siberian: 160/ to 162/. Ukranian: 164' to 168/. The butter market is quiet, except for unsalted, which is firm owing to short supplies. Retail prices are unchanged. Cheese.—New Zealand white, 114/; coloured, 111/ to 112/. Deliveries New Zealand this week, 5700 crates. In store, 35,500 crates. Canadian: White, 112/ to 114/; coloured. 111/ to 114/; c.i.f., 112/. Australian: White, 110/ to 112/; coloured, 108' to 110/. Market quiet. Retail prices unchanged. English: Finest farmers', 132/ to 136/. Market firm." The Turakina commenced to discharge butter on September 24. The Rotorua commenced to discharge butter on September 24. The board has also received the following advice from its agents in Canada: — Butter, New York, 48 cents (2/'); Montreal, 39Vi cents (1/7%). Amalgamated Dairies, Limited, have received the following cable from their London manager, under date September 29: — Butter. —Prices unchanged. Anchor. 186/ .per cwt; Danish, 196/ spot, 188/ to 189/ f.o.b. Quiet. Deliveries: New Zealand 657 tons; stock 4100 tons. Retail prices unchanged. Cheese. —Prices unchanged. White, 114/ per cwt; coloured, 112/; Canadian, c.i.f., quotation, 111/. Retail unchanged.

FROZEN MEAT

PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cablegram from its London office, dated September 28, advising Smithfield delivered prices averaged for the week- ending that date as follows: — New Zealand Wethers and Maidens. — Canterbury quality, selected brands, 561b and under. 7%d per lb; 571b to G4lb, 7Vid; 651b to 72115, 7d. Other brands, 56Mi and under, 7%d; 571b to 641b, 7%d; 651b to 721%, 7d. New Zealand Ewes. —641b and under, 5%d. New Zealand Lambs. —Canterbury quality, 361b and under, 10% d; 371b to 421b, 10%; 431b to 501b. 9%d; seconds, 9%d. Selected brands. 361b and under, 10% d; 371b to 421%, 10% d. Other brands, first quality, 361'b and under. lOd; 371b to 42fb, lOd; second quality, 301b to 321b, average, 9%d. New Zealand Beef.—Ox fores, 4d; hind«, Slid; caw fores. 3'/id; hinds. sd. Argentine Chilled Beef.—Ox fores,' 4%d; hinds, 6 7 /sd. Frozen Pork.—Porkers. 601b to 801b, 8d; 811b to 991b, VAd\ lOOlib to 1201b, 7%d; •baconers, 1211b to 1801b, 7%d. Lamb. —Market rather slow owing to less demand. Heavy supplies Home-killed meat of all descriptions. Mutton.—Wethers: Market quiet' Ewes: Market slightly easier. Beef. —Market quiet and steady. New Zealand Porker Pigs.—Market firm with good demand. New Zealand Baconer Pigs.—Nominal prices.

COTTON, RUBBER, HEMP, ETC.

LONDON, September 29. (Last week's prices in parentheses.) Cotton.—October delivery, 9.95 d (9.35 d) per lb. Rubber.—Para, 10■'/id (l(rt4d) per lb; plantation and smoked/ (8 5-16 d). Jute.—September-October shipmen te, £32 5/ (£3l 17/6) per ton. Hemp.—July-September shipments, £32 (£32) per ton. Copra.—September-October shipments, £24 17/6 (£24 17/6) per ton. Linseed Oil.— £29 15/ (£2O 5/) per ton. Turpentine.—42/6 (42/9) per cwt.

METAL PRICES DEPRESSED

LONDON, September 29. Financial circles are closely watching the depression in metal prices. It is learned authoritatively that 90 per cent of the mines in the important Joplin zinc mining district of the United States have decided to close for one week per month.

LONDON WOOL SALES.

(Australian Press Assn.—United Service.) IX)NDON. September 29. At the wool sales 9439 bales were offered, of which 3296 were Australian,, and 4179 New Zealand. There was a limited selection of Merinos, chiefly Western Australian, topmaking sorts, and a moderate offering of greasy crossbreds and slipes. There were rather more withdrawals than at the last two sales. Prices were unchanged. The following New Zealand clip brought the prices stated:— Clarence, PAA, top 37d, average 35d.