COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 71, 6 January 1936, 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 Jan. 4, 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 for 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: 481 b and under sfd, 48 to /561 b sfd, 57 to 641 b sd, 65 to 721 b 4fd. North Island : 48 to 561 b s*d, 57 to 641 b sd, 65 to 721 b 4|d. Ewes—4Blb and under 3§d, 48 to 641 b 3Jd, 65 to 721 b 3d. Lamb. North Island Downs—New season's: 361 b and under Bid, 37 to 42! b B|d. Second quality: Average, about 30lb 7fd. North 'lsland—First quality, new season's: 361 b and under Bd, 37 to 421 b Bd. Australian—Victorian : First quality (new season's): 361 b and under 7£d, 37 to 421 b 6Jd. Argentine—First quality, new season's—36lb and under 6fd, 37 to 421 b 6|d. Be«f. N.Z. frozen—Ox hinds, 145 to 2101 b 3|d. Argentine chilled, ox hinds, 145 to 2101 b s}d, ox fores, 145 to 2101 b 2|d. Uruguayan chilled—Ox hinds, 145 to 2101 b sd; ox fores, 145 to 2101 b 2|d. Australian frozen—Ox hinds, 145 to 2101 b 3gd, ox crops, weights corresponding 2gd. Chilled, ox hinds, 145 to 2101 b 4Jd; ox crops, weights corresponding 2sd. Southern Khodesian chilled, ox hinds 145 to 2101 b 4d •, ox fores 145 to 2101 b 2Jd. Pigs. N.Z. porker, first quality—6o to 801 b 7id, SI to 1001 b 6fd, 101 to 1201 b 6d. Prime baconer pigs—121 to 1601 b 5Jd. Lamb market—Easier, owing to slackness in demand and heavy arrivals of Australian. Mutton market—Wethers, firm with more iaqu'ry 101 light-weights; ewes have aup&ii'.vd slightly, owing to better demand Frozen beef—Market quiet and unchanged. New Zealand porker pigs—Remain firm, but quiet. New Z'eaiand baconer pigs—Market steady but unchanged. The Bank of Australasia has received the following-cablegram, dated January 1, from its London office: — "Frozen lambs: Before the Christmas holidays there was a fair demand for the time of year, mostly for Australian. New Zealand new season's is now arriving in increased quantities, but owing to the comparatively high prices the demand is limited, and the market shows signs of getting weaker. Frozen mutton: Wethers: Supplies are limited and prices steady, although the demand has been poor. Ewes are meeting with more inquiries, and prices arc firmer. The frozen beef trade is better, and the market is steady." DAIRY PRODUCE.

IMPROVED PRICES. The New Zealand Dairy Board has received the following market report from its London office dated January 3:— Butter. New Zealand—Salted 98s to 100 s (last week 89s to 925), equals approximately 11.63 d f.o.b; unsalted 102 s to 104 s '(9B-lOOc). Australian—Salted 98s to 995, unsalted 100 s to 102 s. Market firm. New Zealand retail price reduced to Is. Danish—lo7a f.0.b., 128 s spot. Argentine—Unsalted 94s to 98s. Dutch—Unsalted 92s to 107 s. Market firm. Danish retail price unchanged at Is 3d. Cheese. New Zealand—White 57s 6d, 58s (55s 6d, 565), equals approx. 638 d f.0.b.; coloured 61s 6d to 62s (60s) approx. 6.88 d f.o.b. Australian—White 54a to 565; coloured 57s to 595. Market firm. New Zealand retail price unchanged 7d. Canadian—White 59s to 625; coloured 62s to 645; old season's white 64s to 635. nn English Finest farmers' 90s to 106 s, factory 40s to 545. Market firm. Minimum Prices. Tho minimum f.o.b. prices for the period January 4 until further notice are: Butter—ll£d less U per cent, commission. Cheese—sfd, less 1$ per cent, commission.