COMMERCIAL NEWS

Ashburton Guardian, Volume 54, Issue 16, 30 October 1933, Page 7

COMMERCIAL NEWS

FROZEN MEAT TRADE. PRODUCERS 5 BOARD REPORT. The NeAv Zealand Meat Producers’ Board has received the folloAving cablegram from its London office, dated October 27, advising that the folloAA*ing are the approximate average prices realised for the Aveek, based on actual transactions of Avholesale quantities of the descriptions of meat mentioned and are for representative parcels of the goods offering during .the Aveek, being for business done on tho basis of delivered to Siriithfield market and/or ex London stores:— Mutton, Canterbury and North Is land selected, crossbred« Avethers and maiden eAves —48 to 561 b 4fd, 57 to 641 b 4£d> 65 to 721 b 3|d. North Island--48 to 561 b 4’d, 57 to 641 b 4d, 65 to 721 b 33d. Fives—4Blb and under 3id, 48 to 641 b 3gd, 65 to 721 b 31-cl. Lambs, Canterbury—36lb and under •75d, 37 to 421 b 7:\d, 43 to 501 b 6gd. See ond quality: Average 321 b 7d. Other South Island brands—36lb and under 72-d, 37 to 421 b 7Ad, 43 to 501 b 6gd Selected North Island brands, including Doaviis —36]b and under 73d, 37 to 421 b 7Ad, 43 to 501 b 6gd. Second qual ity, average 321 b 7d. Other North Island brands—First quality: 361 b and under 7gd, 37 to 421 b 7d. Second quality: Average 321 b 6Jd. ArgentineFirst quality: New season’s, 361 b and under 7d, 37 to 421 b 6Jd. I> ee f—Neiv Zealand, ox fores 2g-d, ox hinds 3-Id. Argentine chilled, ox fores 31 d, ox hinds 61d. Australian frozen, ox crops, over 1001 b 23d, ox hinds, over 1601 b 3-gd. N.Z. Prime Porker Pigs—6olb to 801 b 63d, SI to 1001 b 6d, 101 to 1201 b sgel. Baconer Pigs—l2o to 1601 b o3<>. Lamb Market.— Steady going to short stocks, hut demand is still affected by Home killed supplies. . Mutton Market —Wothers firm with fair trade. Ewes steady with bettei * J3eef Market —Prices unchanged, but demand increasing oiving to better prices Argentine chilled beef. NeAV Zealand Porker Pigs Meeting with good demand, with prices steady. Neiv Zealand Baconer Figs—Nominal. No sales reported oiving to. temporary low prices of Continental bacon.

DAIRY PRODUCE. LONDON QUOTATIONS. The Ncav Zealand Dairy Produce Board has received the following market report from its London office, dated October 28:

Butter. Ncav Zealand—Salted, October 28 90s-94s to 96s (last Aveek 95s to 100 s), equals approximately 10.8 d f.0.b.) ; unsalted 106 s to 110 s (104 s to 112 s). Australian —Salted 90s-94s to 965; unsalted 102 s to 106 s. Argentine—Unsalted 955, ex. 965. Danish—93s f.0.b., 114 sto 115 s spot. Dutch—Unsalted 116 s to 120 s. Latvian—Salted 91s to 935; unsalted 90s to 935. Siberian—7Bs to 82s. Lithuanian —90s to 935. Market Aveak and irregular. Danish retail price increased to Is 3d and NeAv Zealand retail price Is Id. Ncav Zealand and Danish retail prices Avill he reduced Id next AA'eek. Cheese. NeAv Zealand —White 47s to 48s, or 5.03 d f.o.b. (48s 6d to 495), coloured 46s to 475, 4.9 d f.o.b. (47s to 48s). Australian —White 465, coloured 455. Canadian—White 50s to 535, coloured 50s to 535, e.i.f '46s 6d to 475. Market Aveak. New Zealand retail price unchanged, 6d.. English—Finest farmers’ 76s to 88s (sloav). The hoard has also received the folloAving ad\’ico from its agents in Canada:—Butter: NeAv York 24 .cents, Montreal 193 cents.

WHEAT PRICES IN BRITAIN. LONDON, October,27. Wheat. —Cargoes opened mostly 6d lower. Australians, owing to lighter clearances, were steady and near positions occasionally were 3d up, hut new crop was - obtainable at 6d down. There was some Ear East inquiry for Australian old crop below United Kingdom parity and more British inquiry for new crop loading. Parcels were neglected and Australians were not offered. At closing the undertone was steadier. Parcels, ex Talleyrand sold yesterday at 22s 6d net. Futures are quoted :—London: December 20s per quarter, February 20s 3d, April 20s 9d. Liverpool: October 4s s§d, December 4s 7d, March 4s 10ft!, May 4s l*d.

THE OUTPUT OF TIN. CONTINUANCE OF CONTROL. LONDON, October 27. The Tin Committee announces that Bolivia, the Malay States, Netherlands, East Indies, Nigeria and Siam have? signed agreements for continuance of the control of production and export for three years from January 1. 1934. The scheme does not differ in essentials from the existing scheme.