COMMERCIAL NEWS

Ashburton Guardian, Volume 56, Issue 279, 7 September 1936, Page 7

COMMERCIAL NEWS

FROZEN MEAT TRADE. PRODUCERS’ BOARD’S REPORT. The New Zealand Meat Producers Board has received the following cable from the London office, dated Sept. 5, advising that tiie following are the approximate average prices realised tor the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are foi representative parcels of the gootts offering during the week, being for business done on the basis of creliveied to Smithfield Market and/or ex London stores: — Mutton. Canterbury and North Island selected crossbred wethers and maiden ewes: 481 b and under ssd, 48 to 561 b 4|d, 57 to 641 b 4|d, 65 to 721 b 4*d. North Island crossbred wethers and maiden ewes: 48 to 561 b 4£d, 57 to 641 b 4fd, 65 to 721 b 4£d, 48 to 641 b 4d, 65 to 721 b 33d. Australian, Victorian, first quality 361 b and under 63d, 37 to 421 b 6fd. Argentine, first quality —361 b and under 6£d, 37 to 421 b 6Jd.

Lamb. Canterbury—36lb and under 7|d, 37 to 421 b 7d, 43 to 501 b 6jd j second quality, average about 311 b 63d. Other South Island—36lb and under 7£d, 37 to 421 b 7d, 43 to 501 b 63d. North Island Downs —361 b and under 73d, 3i to 421 b 7d, 43 to 501 b 63d ; second quality, average about 301 b 7 3d. North Island, first quality—36lb and under 7d, 37 to 421 b 6|d ; second quality, average about 311 b 6|d. Beef. N.Z. Frozen—Ox hinds 145 to 2101 b 3§d, ox fores 145 to 2101 b 2§d. Argentine Chilled —Ox hinds 145 to 2101 b sfd, ox fores 145 to 2101 b 2|d. Uruguayan Chilled—Ox hinds 145 to 2101 b 5-jd, ox fores 145 to 2101 b 23d. Australian Frozen—Ox hinds, 145 to 2101 b 3Jd, ox crops, weights corresponding 2£d. Australian Chilled—Ox hinds 145 to 2101 b sd, ox crops, weights corresponding 2|d. Southern Rhodesian Chilled Ox hinds 145 to 2101 b s£d, ox fores 145 to 2101 b 2§d. Pigs.

N.Z. Porker, first quality—6o to 8011) 6sd, 81 to 1001 b 6|d, 101 to 1201 b 63d. N.Z. Prime Baconer —121 to 1601 b 6 Jd.

Lamb Market—Remains firm with consumption satisfactory. Mutton Market —Wethers and ewes ; demand has improved. Beef Market —Frozen beef market steady and unchanged. Chilled beef: Market firm with better prices for Dominions owing to absence of Brazilian competition. New Zealand Porker Pigs—Market quiet and unchanged. New Zealand Baconer Pigs—Continue firm owing to short spot stocks.

RETAIL PRICES IN LONDON. The New Zealand Meat Producers’ Board has been advised by its London manager that the following retail prices were quoted for New Zealand lamb and mutton retailed in London during August. These prices represent a fair average of the prices quoted by the better class shops for best quality: Lamb—Legs 12d per lb, shoulders lid, loins lid, necks 6d, breasts 3d, forequarters 83d, hindquarters 113 d. Mutton (wethers)— Legs 9d per lb, shoulders Bd, loins Bd, necks 4d, breasts 2d.

THE SHARE MARKET. Tli© following sales were made on the Christchurch Stock Exchange on Saturday : LISTED STOCKS Sales on ’Change.

DAIRY PRODUCE. BUTTER MARKET DULL. The* New Zealand Dairy Board issues the following market report for the week ended September 4, 1936, from information received from the marketing department:—

Butter. New Zealand—Salted 114 sto 115 s (118 s to 120 s last week), equals approximately 13.6 d f.0.b.; unsalted 114 sto 116 s (119 s to 120 s). The market was dull throughout the week, but steadier to-day (September 4) - Argentine—Unsalted 106 s to 108 s. Danish—lo7s f.0.b., 128 s spot. Dutch—Unsalted 105 s to 112 s. Esthonian—Unsalted 108 s. Siberian —Salted 108 s to 110 s. Ukranian—Salted 110 s.

Polish—Salted 100 s to 104 s; unsalted 100 s to 103 s. Market quiet. Retail prices unchanged. Danish Is 4d, New Zealand Is 3d. Cheese. New Zealand—White 69s 6di to 70s 6d (7.92 d f.0.b.), 70s to 71s; coloured 67s to 68s (67s to 68s) 7.62 d f.o.b. Market slightly steadier at close. Retail price unchanged, Bd. Canadian—White and coloured 71s to 725; old season’s, white 80s, coloured 80s; c.i.f., 70s. English—Finest farmers’ 76s to 80s, factory ,66s to 68s. Market steady. The board has also received the following advice from its agents in Canada: Butter, New York 353 cents, Montreal 25 cents.

£ s. d. 50 Union Bank of Aust. 9 9 9 200 Westport - Stockton Coal (ord.) 0 1 5 100 Tooths. Brewery (2) 2 16 3 50 British Tobacco (cum div.) 2 1 0 100 Hume Pipe (Aust.) (cum div.) 0 19 6 500 Maori Gully 0 0 7 Sales Reported. £146 N.Z. Farmers’ Co-op. 41 p.c. stock, 1939 (odd par.) (late sale 4th) 91 2 6 UNLISTED STOCK Sales on Change. 3500 New River (5) 0 0 9* 25 Woolworths (Sydney), (ord.) 5 9 0 Sales Reported. 100 Woolworths, Ltd. ... 5 10 0