COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 125, 9 March 1936, Page 7

COMMERCIAL NEWS

FROZEN MEAT TRADE. PRODUCERS’ BOARD REPORT* The New Zealand Meat Board has received the following cable from the London Office, dated Mai. t, advising that the following are the approximate average pric&s realised lor the week,, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are tor representative parcels of the goods offering during the week, jingle business done on the basis of delivered to Smithfield market andior ex London stores: —- „ Mutton. Canterbury and North Island selected crossbred wethers and maiden ew<* 5 2 d, 57 to 641 b 4|d, 65 to 721 b 4Jd Island—4B to 56ib s*d, 57 to 641 b Ai<l, 65 to 721 b 4£d. Ewes—4Blb and under 4fd, 48 to 641 b 3|d, 65 to <2lb 3£d. llamb. Canterbury—36lb and under 7£d, 37 to 421 b 7d, 43 to 501 b 6|d; second quality, • average about 311 b 7d. North Iland Downs—36lb and under 7|d, 61 to 421 b 7d, 43 to 501 b 6|d; secondqualitv, average about 301 b 7id. Noith Is land, first quality—36lb . al J d " n^' 37 to 421 b 6gd; second quality, average about 311 b 6gd. , Australian, Victorian—lnrst quality . 361 b and under 6|d, 37 to 421 b 0 8 d Argentine, first quality —361 b and u der 6|d, 37 to 421 b s|d. Beef. N.Z. Frozen— Ox hinds 145 to 2101 b 4id ox fores 145 to 2101 b 2gd. N . Chilled-Ox hinds 145 to 2101 b 3|d, ox fores 145 to 2101 b 2§d. „ , Argentine Chilled —Ox hinds 140 2101 b 4|d, ox fores 145 to 2101 b 3d. Argentine Chilled —Ox hinds 145 2101 b 41d, ox fores 145 to 2101 b 3d. Uruguayan Chilled—Ox hinds 140 to 2101 b 4|d, ox fores M5/to 2101 b 2|d. Brazilian Chilled—Ox hinds 145 to 2101 b 3£d, ox fores 145 to 2101 b 2 id. Australian Frozen—Ox hinds 145 to 2101 b 4R ox crops, weights corresponding 2|d. Australian Chilled—Ox hinds 145 to 2101 b 3|d. Southern Rhodesian Chilled Ox hinds 145 to 2101 b 3£d, ox fores 145 to 2101 b 2|d. Pigs. N.Z. Porker, first quality—6o to 80lb s|d, 81 to 1001 b sid, 101 to 1201 b 54d. N.Z. Prime Baconer —121 to 1601 b "Lamb market —Weaker. There is good demand for lightweights, hut generally demand and prices continue to be affected by heavy supplies of Homekilled meat and low prices chilled focsf ' , Mutton market—Lightweight wethers unchanged, but other descriptions slight easier. Ewes: Market quiet but firm. , Beef market—Frozen beef supplies continue short with prices more or less nominal. New Zealand Porker Pigs—Prices have decliiied sharply owing to large supplies of Home-killed selling at down to 6J d, affecting demand for frozen. New Zealand Baconer Pigs—Market quiet and unchanged. RETAIL PRICES IN LONDON. The New Zealand Meat Producers’ Board has been advised by its London Office that the following retail prices were quoted for New Zealand lamb and mutton retailed in London during February. These prices represent a fair average of the prices quoted by the better class shops for the best quality: Lamb.—Legs 12d per lb, shoulders lid, loins lid, necks 6d, breasts 3d, forequarters Bd, hindquarters lid. Mutton (wethers) —Legs 9d, shoulders Bd, loins Bd, necks 3d, breasts 2d. THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange on Saturday:— LISTED STOCKS. Sales on ’Change. 1 £ s, d.

DAIRY PRODUCE. BUTTER MARKET SLOW. The New Zealand Dairy Board has received the following market report from the London office dated March 6: —. Butter. New Zealand—Salted 86s up to 87s (last week 88s up to 89s), equals approximately 10.04 d f.o.b. 3 unsalted 92s to 94s (95s to 965). Australian—Salted, 86 up to 87s; unsalted 90s to 925. Market slow. New Zealand retail price reduced to lid. Argentine—Unsalted 86s to 925. South African—B2s to 85s.

Danish—lo9s f.0.b., 128 sto 130 s spot. Dutch—Unsalted 90s to 101 s. Polish—Salted 85s to 86s. Unsalted, 85s to 87s. Market slow. Danish retail price unchanged at Is 4d. Cheese. New Zealand—White 49s to 50s (last week 50s to 51s), equals approximately 5.33 d f.0.b.; coloured 52s 6d to 535, up to 54s (54s to 555) equals approximately 5.74 d f.o.b. , Australian —White 48s to 49s coloured 50s to 525. Canadian—White 60s to 645, coloured 62s to 635. English—Finest farmers 96s to tubs, factory 48s to 565. Market slow. New Zealand retail price 6d and 7d.

50 N.Z. Breweries 2 12 3 50 Tooth’s Brewery 2 13 3 100 Anthony Hordern 1 0 3 150 British Tobacco (cum dir.) 2 1 6 2 1 7 100 Consolidated Brick ... 0 10 8 100 Dunlop Rubber 0 14 11 100 Mount Lyell 1 4 4 200 Mount Morgan (2) 0 16 2 Sales Reported. £ s. d/ 50 Union Bank of Aust. (2) 9 16 6 100 Timaru Brewery (7/6 paid and 2/6 cally) ... 0 12 0 100 Anthony Hordern 1 0 3 150 British Tobacco (2) 2 1 9 100 Broken Hill Pty. 2 19 9 100 Mount Morgan 0 16 2 150 United Build. Society (cum div.) 1 1 6 UNLISTED STOCKS. Sales on 'Change. £ s. d. 25 Woolworths (Sydney) (ord.) 6 12 6