COMMERCIAL NEWS

Ashburton Guardian, Volume 55, Issue 292, 23 September 1935, Page 7

COMMERCIAL NEWS

FROZEN MEAT TRADE. PRODUCERS’ BOARD REPORT. The New Zealand Meat Producers Board has received the following cable from the London office, dated Sept. 21, advising that the following are the approximate average prices realised for the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being Jor business done on the basis of delivered to Smithfield market and/or ex London stores: — Mutton. Canterbury and North Island selected crossbred* wethers and maiden ewes —4Blb and under sd, 48 to 561 b 4|d, 57 to 641 b sd, 63 to 721 b 4|d. North Island—-48 to 531 b 4|d, 57 to 641 b sd, 63 to 721 b 4fid. Ewes—4Blb and under 31d. 48 to 641 b 3d, 65 to 721 b 2|d. Lamb. Canterbury—36lb and under 7^cl, 37 to 421 b 7 id, 43 to 501 b 6Jd, second quality, average about 311 b 6fd. Other South* Island brands—36lb and under 7sd, 37 to 421 b 7RI, 43 to 501 b 6|d. North Island Downs —361 b and under 7gd, 37 to 421 b 7fd, 43 to 501 b 6Jd; second quality, average about 301 b 6-jd. North Island—Fiijst quality, 361 b and under 7J;d, 37 to 421 b 7id ; second quality, average about 311 b 6£d. Argentine —First quality, new season’s: 361 b and under 6£d, 37 to 421 b 61 d. Beef. N.Z. frozen—Ox hinds, 145 to 2101 b 34d, ox fores 145 to 2101 b 2Jd. N.Z. chilled—Ox hinds 145 to 2101 b4l d, ox fores 145 to 2101 b 21d. Argentme chilled—Ox hinds 145 to 2101 b sid, ox fores 145 to 2101 b 2£d. Uruguayan chilled—Ox hinds 145 to 2101 b ssd, ox fores 145 to 2101 b 2£d. Australian frozen—Ox hinds 145 to 2101 b 3|d, ox crops, weights correspodning 2§d. Australian chilled—Ox binds 4£d, ox crops, weights corresponding 2|d. Union of South Africa chilled—Ox hinds 145 to 2101 b 4Jd, ox fores 145 to 2101 b 2.Jd. Southern Rhodesia chilled — Ox hinds 145 to 2101 b 4£d, ox fores 145 to 2101 b 2id. Pigs. N.Z. Porker, first quality—6o to 801 b 6£d ,81 to 1001 b 6d, 101 to 1201 b sfd. N.Z. prime baconer —121 to 1601 b s|. ... Lamb market —Very firm, with unproved prices for second quality. Consumption satisfactory, but affected by usual heavy supplies of home-killed lamb. Mutton market—Wethers steady, with prices unchanged. Ewes meeting fair trade, with light-weight ewes higher. Beef market—Prices easier owing to heavy supplies of Argentine, chilled beef and home-killed beef.

New Zealand porker pigs—Heavy supplies of home-killed have weakened our prices. New Zealand baconer pigs—Market steady and unchanged.

Messrs J. T. Thomas and Co. have received cable advice from their London agents, under date September 21, as under: —

New Zealand! Lambs' —Selected Downs, 2’s, 7£d, 7'id-, secondary, 6|d, 6Jd; lambs, 2’s, 7\d, 7£d; B’s, 7id, 7§d; 4’s, 6fd, 6Jd; secondary, 6Jd, 6£d. New Zealand Mutton —Small, 4|d, sd; large, 4|d, 4ij. New Zealand Ewes—Small, 3d, 3£d; large, 2£d, 3d. New Zealand Beef —Frozen ox hinds, 3£d, 3gd; fores, 2fd, 2£d. Dominion Chilled —Hinds, 4d, s£d; fores, 2£d, 2j[d. South American —Chilled! hinds, s§d, s|d; fores, 4|d, ojd. New Zealand Pork—6d, 6id, Australian Lamb (new season’s) — 6*d, 7d. Argentine Lamb (new season’s) —6d, 7d.

Lambs: The market is firmer for second quality. First grades remain steady. Wethers: The market is quiet and unchanged. Ewes: The demand is moderate. Beef: The market is dull, and there little business doing. Pork: The market is affected by heavy supplies of Home-killed pigs. Trade generally is slow owing to heavy supplies of fresh meat. THE SHARE MARKET The following sales were made on the Christchurch Stock Exchange on Saturday:— LISTED STOCKS. Sales on ’Change* £ s. d.

£500 N.Z. Govt. 4 per cent. Ins., 1952-55 112 5 0 100 N.Z. Guarantee Corp. 0 5 6 0 100 Christchurch Gas 1 13 50 N.Z. Breweries 2 11 0 300 Waimumu Sluic. 0 0 6 Sales Reported. £ s. d. 1000 Mahakipawa 0 0 U 100 Broken Hill Prop. (late sale, Sept. 20) 3 4 0