OVERSEAS, MARKETS.

Auckland Star, Volume LXI, Issue 164, 14 July 1930, Page 4

OVERSEAS, MARKETS.

FROZEN MEAT,

PRICES AT SMITHFIELD.

The New Zealand Meat Producers' Board he.s received the following cable from its London office, dated July 11, advising that the following are the approximate average prices realised tor. the week, based on actual transactions oi 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: — Sheep.—Canterbury and North Island crossbred wethers and maiden ewes, 48/561b, 4%d per lb; 57/6411) 4%d; selected, 65/7211); 4%d; .' North Island crossbred wethers and maiden ewes, 487501b, 4Vzd; 57/641b, 4 5 /4 d; 65/721b, 4%d; ewes, 48/641b, 2%d; 05/721b, 2Yzd. Lambs— Canterbury, 301b and under, B%d per lb; 37/4211), S'M; 443/50lb, B%d; second quality, average 331b, 7%d; other South Island brands, 30lb and under, B%d; 37/421b, B%d; 43/501b, 8&d; including Downs, selected North Island brands, 361b and under, Od; 37/421b, B%dJ 43/501b, B%d; second quality, average 31ib, 8cl; other North Island brands, first quality, 361b and under, 8%cl; 37/421b, BJ/4d;8 J /4d; second quality, average, 311b, 7%d. , New Zealand Beef—Ox, fores 3d, hinds 5d ' Argentine chilled beef: Ox, fores 3-/sU, hinds 7%d. Australian frozen beef: Ox, crops, over 1001b, 3d; ox, hinds, over 1601b,

5d New Zealand Prime Porker Pigs — 60/1001b, 7d; 101/120lb, 6%d. New Zealand baconer pigs: 121/18011), 6%d. Lamb.—There is very little change in the market. There is a good demand for best quality, but second quality weaker. Mutton market: Wethers remain depressed owing to over-supply. There is a poor demand for ewes. Trade slow. New Zealand beef: Meeting poor demand. New Zealand porker pigs: Practically no demand owing to hot weather. New Zealand baconer pigs: Nominal prices owing to lower prices of Continental bacon. DAIRY PRODUCE. i THE BOARD'S REPORT. The New Zealand Dairy Produce Board ban received the following market report from its London oilicc, dated July 11:— Butter.—New Zealand salted, 134/ to 136/, up to 137/; unsalted, 140/ to 150/; first whey, 126/; second whey, 124/. Deliveries New Zealand this week, 1000 tons; in store, 11,158 tons. Australian: Salted, 131/ to 334/; unsalted, 130/ to 134/. Argentine: Unsalted, 124/ to 130/. Irish Creamery: Salted, 136/; uusalted, 140/. Danish: 142/ f.0.1..; 147/ to 148/ spot. Esthonian: 138/. Siberian: 130/. Ukranian: 132/. Polish: 110/ to 126/. French baskets: Salted, 138/ to 140/. Market steady. Retail prices unchanged. Cheese. —New Zealand: White, 75/ to 77/; coloured, 81/ to 83/. Deliveries New Zealand this week, 21,642 crates; in store, 130,069 crates. Canadian: White, 80/ to 83/; coloured, 81/ to 84/; c.i.f., 78/ to 79/. Deliveries, Canadian, 4510 boxes; in store, 114,799 boxes. Market quiet. Retail prices unchanged/English: Finest farmers', 90/ to 94/. MERCHANTS' CABLES. Messrs. Leonard and Son have received by cable from Mr. A. C. llowson, London, dated July 11, the following market report:— Cheese. —New Zealand, white. 75/; coloured, 82/. Demand disappointing. Market steady. Outlook: Anticipate improvement. Butter.—New Zealand, first grade, 134/; finest. 135/ to 136/. Demand steady. Market fairly steady. Outlook: Uncertain. Amalgamated Dairies, Ltd., have received the following cable from their London manager, under date July 12: — Butter.—Our prices unchanged (Anchor, 138/). Market still very quiet. Danish, 148/ spot, 142/ f.o.b. Deliveries, New Zealand, 9flß tons; stock, 1158 tons. Retails unchanged. Cheese.—White, 70/; coloured, 81/ to 82/. Market steady, but quiet. Canadian, white, 77/ up to 80/, c.i.f. Retail unchanged. COTTON, RUBBER, HEMP, ETC. LONDON, July 12. (Last week's prices in parentheses.) Cotton.—August delivery, 7.16 d (7.lid) per lb. Rubber.—Para, 7d (7%f1) per lb; plantation and smoked, 634 d (5 15-lUtl) per lb. Jute. —New crop, July-August shipments, £20 15/ (£2l 10/) per ton. Hemp.—No business done. High point fair, July and August, nominally quoted at £24.

Copra.—August shipments. South Sea, £18 7/6 (July-August, £18/; plantation, Rabaul, £18 10/ per ton. Linseed Oil—£37 (£4O) per ton. Turpentine.—36/9 (38/3) per cwt. HIDES. Hides.—Meatworks, dry salted Queensland, >;sib to 451b, 301b to 401b, 251b to 351b. 201b to 301b, all , 7d; New South Wales, same weights, 7%d, 7d, 7%d, 7%d; wet salted, Queensland, 501b to 601b, 4%d; 401b to 501b, 4%d; New South Wales, same weights, 5%d, 5%d; Victorian abattoirs, 5%d. 5%d.