OVERSEAS MARKETS.

Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4

OVERSEAS MARKETS.

FROZEN MEAT. SMITIIFIELD PRICES. Ine- Xew Zealand Meat Producers' Board has received the following cablegram from _ its London oltice, dated Hay 13, advising Snnthlicld delivered prices as follows; — j New Zeal and Wethers and Maidens. — [ Canterbury quality, selected brands, sG's land under, Cv4d per lb; 57 "s to G4's, Gd; 6>> s to ,2 s, 4?ld. Other brands, sG's and under, G!id: 57's to Gi's, s!id; Gj's to 72's 4-'sd. New Zealand Ewes.—(it's and under, VM. New Zealand Lambs.- Canterbury vGs and under. OUd; 37's to 425. 5-;' id:-!•> s to :.0 s. 8 1-Rd: seconds, S%<|. Ne'ectod brand.-.. 3G s and under. O'sd: 37's to 42 s, S"'rtd. Other brands, first quality. SG's and under. RT.^l; 37's to 42's, Slid. .Sceiml quality, 30's to 32's, average! B',bd. Australia Lambs. --Victorian, first qnalitv. 3G's and under, 8 3-8 d; 37's to 42's 794«1. Argentine Lambs.—First quality. 3G's and under, B'id: 37's to 42's, 7V-id. Argentine Chilled Beef.- —Ox fores, 2%d: hinds, .".'..id. Argentine Frozen Reef.—Ox fores, 3Vwl- | hinds, 4 1 / id. I'iozen Pork.—Bo's to 120's, Od; 120's to ISO's, 7VsH. Lamb.—The_ market is quiet but firm. 'Mutton.—W others market is lirnt. especially for light-weights. Ewes: Better inquiry. i'roxen Fork.—Tlie market is firm foi carcases 80's to 120's, owing to shortage of supplies. DAIRY PRODUCE. TIT!-: BOARD'S REPORT. The New Zealand Dairy Produce Board has received the following market report from the London nireney, dated May 13, the previous week's prices being- in parentheses: -- Butter.—New Zealand, salted 158/ to H)W (152/ to 15!;). unsalted 104/ to ICS/ (104/ to I GOO. Market closing slower but firm.' Australian, finest salted 150/ to 158/ (150/ to 1 52'), unsalted 100/ to 101/ (158/ to 102 ). Market stcadv. Argentine, finest unsalted. 153/ to 150/ (150/ to 101'). ksthonia. 1.'2/ to 154'. Lithuanian, 150/ 1118/). Siberian, 150/ to 152/ (1-18/') Danish. 100/ to 101' (100/ t.o 1(12/). Retail prices unchanged. The weat her here is very dry, affecting the sentiment of the market. Continental markets have further declined, and Colonial is now too high to ill I crest. Cheese.—New- Zealand, white and coloured, 82/ t.o 33/ (82/ to 83/). Market ( losing quiet but linn. Canadian, finest white 02/ to 03/ (02 ' t.> 0I ; ), coloured <)>,< to 00/ (02/ in 0!/). Auslialiau, finest while <0/ to 81/ 1,8/), coloured 80/ to 31/ l 1,,). Fit,l.l pi ices unchanged. Pod! Results. In connection jvith the butter pools the board advises as follows: — •Creamery Butter, Pool No. 3.- -This pool pernios from May I, and ineluil. s all butter graded from that date up to October 31. The indications are that the net returns for this period should show a considerable improvement over the previous six months. Creamery Butter Fool, No. 1. —A further firuil payment under this pool will be distributed either'on Friday or Saturday of this week. This will amount to ,13-IGths of u penny per lb, ynd will bring the average payment per pound of butter in the pool up to 1/3.4 id f.o,b. This means a return to factories of slifchlh over' 1/3% f.o.b. IVir finest grade, l/ 3's t'.o.b. for first grade, and I '2! ; i f.o.b.'for seeovid grade. CHICAGO WHLAT VALIJeZS. Wheat for delivery iu Miv is quoted at Chicago at $1.40 per bushel. July delivery the rate is i? 1. and for SeptcniJbcr $1,3214. — (A. and N.Z. Cable),