COMMERCIAL NEWS

Ashburton Guardian, Volume 51, Issue 278, 7 September 1931, Page 7

COMMERCIAL NEWS

FROZEN MEAT TRADE. PRODUCERS' BOARD REPORT. The New Zealand Meat Producers' Board has received the following cablegram from its London office, dated September 4, advising that the following are the approximate average prices realised for tlie week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned ana are tor representatives parcels of the goods offering during the week, being tor business done on the basis of delivered to Smithfield market and/or ex London stores:—

New Zealand Sheep.—Canterbury and North Island [ selected, crossbred wethers and maiden ewes, 48-561 b s|d, 57-641 b fijd, 65-721 b sd; North island, 484561 b fijd, 57-641 b s§d, 65721 b sd. Ewes, 481 b and under 4|d, 48-641 b 4Jd, 65-721 b 3fd. New Zealand Lambs.—Canterbury, 361 b and under B|d, 37-421 b Bd, 43501 b 7£d: second quality, average 331 b, 81d. Other South Island brands, 36tb and under B|d, 37-421 b Bd, 43-Golb 7d. Selected North Island brands (including Downs), 361 b and under B|d, 37421 b Bid, 43-501 b 7|d; second quality, average 311 b, B£d. Other North Island brands, first quality, 361 b and under Bid, 37-421 b Sd; second quality, average 311 b Bjd. , . , Australian Lambs.—Victorian, first quality, 361 b and under 7Jd» 37-421 b 6Jd. Argentine Chilled Beef.'—Ox fores ox hinds 7Jd. Australian Frozen Beef.—Ox crops, over 1001 b, 2£d; ox hinds, over 1601 b, 4d. New Zealand Prime Poi-ke* Pigs.— 60-100 lb, 6*4; 101-I2olb, 53d. New Zealand Baconer Pigs.—l2l- - fid. . . Lamb Market.—Remains firm at slightly higher prices. Spot stocks from all sources continue in relatively short supplies. Demand affected to some extent by higher prices. Mutton Market. Light-weight wethers, market firm but quiet. Heavy-weight wethers also firm at slightly higher prices. Beef Market.—Demand for frozen beef improving owing to higher prices ruling for chilled beef. New Zealand Porker Pigs.—Market firm but quiet. New Zealand Baconer pigs.—rrade slow; prices only nominal.

DAIRY PRODUCE.

THE LONDON MARKET. The New Zealand Dairy Produce Board has received the following market report from its London office, dated September 4:— Butter—New Zealand, salted 109 s to 112 s: unsalted 110 s to 114 s; first whey 102 s; second whey 100 s. AustralianSalted 105 sto 107s r exceptional 108 s; unsalted 105 sto 108 s. There was an improved demand at the latter part of the week. Danish—llßs f.o.b, 124 s to 125 s spot. The market is steadier. South African—96s to 100 s. Argentine—Unsalted 106 s to 108 s; Dutch— Unsalted 114 s to 116 s. EstliomanuSalted 106 s. Latvian—Salted 105 sto ]o6s; unsalted 105 s. Siberian—9os to 925. Ukranian—Salted 90s to 945. Polish—Salted 88s to 945; unsalted 90s to 945. Lithuanian—Unsalted 104 s. The market is quiet. Retell prices : New Zealand Is 2d, Danish Is 3d. Cheese—New Zealand, white, 60s to 61s, exceptional 625; coloured 62s to 63s exceptional 645. Australian, white 60s; coloured, 60s to 61s Radian white, 64s to 70s; coloured 60s to 70S, new season's, white, 60s to 625; coloured, 62s to 635; c.i.f., 5Ss. English, finest farmers' 75s to 80s. The market is quiet. New Zealand retail price Bd.

WOOL IN DOMINION.

LARGER STOCKS THAN' IN 1930. The August Abstract of Statistics publishes figures relating to stocks ot wool held in the' Dominion on June 30 1931. The information has been compiled from returns obtained from woolbrokers, woollen mills, freezing works, wool scouring works, shipping companies, Harbour Board stores, farmers, and the Railways Department. As in past years farmers comprised the onlv. group'from which a full response is not forthcoming. The great bulk o these, however, furnished returns, and consequently the tables are complete enough for practical purposes, the total quantity of wool returned by the classes of holders mentioned above was 88,146,1761 b, classified in lbs as follows :

The difference in the two totals is made up of scoured (4,769,8401 b), washed (1,846,628), shped (10,915,891), crutchings, etc. (7,067,497), wool on skins (1,620,588), and unspecified (2,115,014). , .. _, . Information is also available as to the quantities held by the various interests. These, figures relate to physical possession of the wool, and are not necessarily an index as to the quantities owned by those interests :

Computed in the grease it is estimated that the total weight, of wool represents approximately 90,600,0001 b, compared with 31,500,0001 bat June 30, 1930. ______„

Greasy. Total. Merino Half bred 2,185,520 6,689,113 2,941,721 10,636,392 Corriedale 1,197,834 1,396,387 Other (including crossbred) 47,132,136 60,417,107 Lambs 2,365.940 10,359,154 Unspecified Totals 240,760 2,395,956 59^811,259 88,146,717

Woolbrokers ... Woollen mills .. Freezing works Scouring works Shipping companies Harbour Boards Railways Farmers Totals Greasy. 20,998,108 4,611,422 97,825 1,167,949 1,859,108 65,055 42,901 30,968,891 Total. 24,914,668 5,350,962 9,092,402 3,232,718 7,350,291 818.294 922,912 36,464,470 59,811,259 88,146,717