COMMERCIAL NEWS

Ashburton Guardian, Volume 57, Issue 171, 3 May 1937, 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 offices, dated April 22, 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. New Zealand crossbred wethers andor maiden ewes: 481 b and under 49-56 4 7-Bd, 57-64 4Jd, 65-72 4|d. Ewes: 481 b and under 4£d, 49-56 4 l-Bd, 57-64 4d, 65-72 3 7-Sd. Lamb. Canterbury: 361 b and under 7d, 37-42 6 5-Bd, 43-50 6fd. Second quailty: Aveerage about 311 b, 6Jd. Other South Island: 361 b and under 7d, 37-42 6 5-Bd, 43-50 6§d. North Island Downs—36lb and under 7 l-Bd, 37-42 6 5-Bd, 43-50 6|d. Second quality, average about 301 b, 7 l-Bd. North Island: First quality, 361 b and under 7d, 37-42 6 5-8 d; second quality, average about 311 b, 6|d. Australian—Victorian : First quality, 29-36 6}d, 37-42 6 l-Bd. Argentine—First quality: 361 b and under 6£d, 37-42 5 5-Bd. Beef. New Zealand Chilled—Ox hinds, 145 to 21011), 4fd; ox fores, 145 to 2101 b, 3id. Australian Chilled—Ox hinds, 145 to 2101 b, 4fd; ox crops, weights corresponding, 3|d. Union of South Africa Chilled —Ox hinds, 145 to 2101 b, 4|d; ox fores, 145 to 2101 b, 3!d. Southern Rhodesian Chilled —Ox hinds, 145 to 2101 b, 4£d; ox fores, 145 to 2101 b, 3|d. Argentine Chilled —Ox hinds, 145 to 2101 b, 5Jd ; ox fores, 145 to 2101 b, 4d. Uruguayan Chilled—Ox binds, 145 to 2101 b, 5Jd; ox fores, 145 to 2101 b, 3gd. Brazilian Chilled—Ox hinds, 145 to 2101 b, 4|d. PigS. New Zealand Porkers —First quality, 61 to 801 b 63d," 81 to 1001 b 6id, 101 to 1201 b 6fd. New Zealand Baconers —121 to 1601 b 6gd.

Lamb Market—Prices slightly easier, but consumption is improving. Mutton-Market—Wethers and ewes: Prices weaker excepting light-weights. Beef Market —Frozen beef nominal; stocks short. Chilled beef firmer, owing to higher prices Home-killed. New Zealand Porker Pigs—Market steady and unchanged. New Zealand Baconer Pigs—Firm, with prices unchanged.

THE SHARE MARKET.

The following sales were made on the Christchurch Stock Exchange on Saturday:—

LISTED STOCKS Sales on ’Change.

THE LONDON WOOL SALES. LONDON, April 30. At tlio wool sales 8781 bales were offered, including 4534 New Zealand, 6993 being sold. There was a good selection and an active demand for crossbreds, especially from the Home trade, at full rates. Merinos were quieter and largely withdrawn. New Zealand lots sold as follows: Scoured merinos, Punawai, up to 33Jd, with an average of 33£d; greasy crossbred, Braxton, up to 19d, with an average of 17Jd.

£ s. d. 20 Union Bank of Aust. 11 5 0 100 Goldsbrough, Movt 1 18 5 100 N.Z. Refrig. (£1 pd.) 0 19 4 100 New Zealand Breweries 2 19 9 200 Broken Hill Propty. 6 (cuin div.) 4 0 (2) 4 0 9 100 Electro Zinc (ord.) 2 17 3 250 Electro Zinc (pref.) 2 18 3 2 18 4 2 18 3 50 G.J. Coles (2) 5 5 9 100 Shillings, Limited ... 0 17 6 300 Gillespie’s Beach 0 1 5* 50 Broken Hill South (cum div.) 2 S 9 800 Mount Lyell (3) 2 5 3 2 5 4 (6) 2 5 5 (2) 2 5 6 300 Mount Morgan (3) 0 15 0 Sales Reported. 100 Bank of N.Z. (cum dir.) 2 4 2 50 G. J. Coles 5 6 0 150 AValdast Shoes 1 1 3 UNLISTED STOCKS Sales on ’CTiange. 200 Ballins Breweries (15s pd.) (2) 0 14 0 Sales Reported. 225 Australian Prov. Assce. 0 12 6