OVERSEAS MARKETS.

Auckland Star, Volume LX, Issue 225, 23 September 1929, Page 4

OVERSEAS MARKETS.

DAIRY PRODUCE. THE BOARD'S REPORT. The New Zealand Dairy Produce Board has received the followinp market report from Us London office, dated September 20, 1929:— Butter.—New Zealand, saltad, v 176/ to 182/; exceptionally, 184/; unsalted, 176/ to ISO/; first whey, 160/; second whey, 163/. 176/ to IS2/ equals approximately 1/5%, f.o.b. Deliveries New Zealand this week, 900 tons; in store, 6500. Australian: Salted, 172/ to 176/; unsalted. 178/ to 178/. Argentine: Unsalted, 168/ to 172/. Irish: Salted, 176/; unsalted, 178/'. Danish: 192/ to 193/ f.0.b., 196/ to 200/ spot. Dutch: Unsalted. 196/ to 198/. Esthonian: Salted, 174/; unsalted, 1«6/. Latvian: Salted, 174/; unsalted, 174/ to 176/ Siberian: Salted. 160/ to 168/; unsalted, 166/ to 170/. Polish: Salted, 145/ to 102/; unsaltpd. 150/ to 164/. French: Salted, 160/ to 166/; unsalted, 170/ to 176/. Market firm. Retail price-3 unchanged. Cheese. —New Zealand, white,, 93/; coloured, 93/ to 94/. Market steady. 93/ to 94/ equals approximately SHd f.o.b. Deliveries New Zealand this weak, 15,160 crates; in store 87,134. Canadian, white and coloured, 94/ to 97/. Market firm. Retail prices unchanged. English, finest farmers, 100/ to 106/. Fair demand. lonic finished discharge of butter September 16. Mahia commenced discharge cheese 13th, finished 14th, commenced discharge butter 17th, finished ISth. Note.—Owing to cable error, cheese stocks on September 13 should have been 92,791 crates (not 22,791).

A. H. Turnbull and Company has received the following cabled market report from its principals, W. Weddel and Company, London, dated September 20:— Butter: Danish, 196/ to 200/; New Zealand, unsalted, 176/ to 180/; salted, 176/ to 182/; market firm. Cheese: New Zealand, white and coloured, 93/; market firm; Canadian, white and coloured, 94/ to 96/.

Newton King, Limited, has received the following cable from its principals, R. and W. Davidson, Limited, dated. September 20:—Butter: Market firm; salted, 176/ to 182/; exceptional quality, 181/; unsalted, 176/ to 180/. Wheys: Firsts, 166/; seconds, 163/. Cheese: Market steady; coloured, 03/ to 94/; white, 93/.

Allen and Findlay have received the following cable from their London principals, Messrs. Armour and Co.:— Butter.—Market firm. New Zealand, salted, 176/ to 182/ per cwt; unsalted, 176/ to 180/; Australian, 178/ to 180/ per cwt; Danish, 187/ per cwt. Cheese.—Market steady. New Zealand, white, 93/ per cwt; coloured, 93/ to 94/ per cwt.

Messrs. Dalgety and Co., Ltd., report having received the following cablegram from their London house, dated 20th instant: Messrs. Samuel Page and Son report:— Butter.—Prices are 2/ higher. (Now 178/ to 182/.)

LONDON WOOL SALES. COMPETITION MORE ACTIVE. Messrs. Dalgety and Co., Ltd., report having received the following cablegram from their London house, dated 21st instant: — Wool sales continue. Competition more active at a lower level. Continental buyers operating more freely. Merinos and fine crossbreds rather easier. As compared with closing rates of last series greasy Merino 10 to 15 per cent lower; scoured Merino, 10 to 15 per cent lower; greasy crossbred, fine, 10 per cent lower; Victoria ecoured tambs, 15 per cent lower; lambs, crossbred, 10 per cent lower; lambs, Merino, 10 per cent lower. FROZEN MEAT. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cable from its London Office, dated September 20, 1929, advising Smithfield delivered prices averaged for week ending that date as follows:— New Zealand Wethers and Maidens — Canterbury quality, selected brands, 561b and under, 6%d; 571b to 641b, 6%d; 651b to 721b, 5%d; other brands, 561b and under, 6%d; 571b to 641b, 6d; 651b to 721b, 5%d; ewes, 641b and under, 4%d. Lambs.—New Zealand: Canterbury quality, 361b and under, 8 7 /sd; 371b to 421b, B%d; 431b to 501b, 8d; seconds, 794 d; selected brands, 361b and under, B%d; 371b to 421b, other brands, first quality, 361b and under, B%d; 371b to 421b, 7%d; second quality, 301b to 321b average, Bd. Australian (new season's): Victorian, first quality, 361b and under, B%d. Argentine: First quality, 361b and under, 7%d; 371b to 421b, 7d. Beef.—Argentine chilled: Ox fores, 4%d; ox hands, 7%d. Australian frozen: Ox crops over 1001b, 4%d; ox hinds over 1601b, 5%d. _ , New Zealand Frozen Pork.---Porkers, 601b to 801b, B%d; 811b to 991b, 8&d; 1001b to 1201b, 8d; baconers, 1211b to 1801b,

Bd. Lamb: Market firm with better traae. Mutton: Market better for light-weight wethers and ewes. New Zealand porker pigs: There is a good demand with colder weather. New Zealand baconer pigs: Quiet, owing to lower prices for bacon. COTTON, RUBBER, HEMP, ETC. LONDON, September 21. (Last week's prices in parentheses.) Cotton-October delivery, 9.95 d (10.02 d) Para, 10%tI (10% d) per lb; plantation and smoked, 10 5-16 d (10% d). Jute.—September and October shipments, £31 (£3l 10/) per ton. Hemp.—None offeriL e '. Copra.—September and October shipments, £23 (£23 5/); plantation Rabaul, £23 5/ (£23 2/6). Linseed 0i1.—£46 (£46) per ton. Turpentine.—44/ (45/3) per cwt.