LONDON MEAT MARKET

Press, Volume XCI, Issue 27626, 5 April 1955, Page 8

LONDON MEAT MARKET

N.Z. LAMB BARELY STEADY

BEEF TRADE PICKS UP A fair demand obtained for New Zealand lamb on Smithfield market last week, with values barely • steady. The mutton trade was slow and there were no alterations in prices. M There was a good demand tor New Zealand chilled beef and prices rose by id to 3d per lb. Frozen beef had better inquiry at fractionally firmer prices. The following are the ruling prices at Smithfield, according to advice received at the week-end by the New Zealand Meat producers’ Board from its London office, the prices for the previous week being appended:—

New Zealand chilled beef is quoted at 2s 5d to 2s 7d for ox hinds and Is 6d to Is 7d for fores. New Zealand frozen beef second quality, is quoted at Is 3d for hinds and Is 2d for fores. First quality frozen beef is not quoted, w SYDNEY EXCHANGE PERMITS NEW BRANCH OFFICERS An amendment to the rules of the Sydney Stock Exchange now allows members of the Exchange to open brandh offices anywhere in Australia. The amendment was passed at the annual meeting of the Exchange last week. The previous rule had restricted members to one branch office, which had to be in Sydney. (Earlier last month, a second Melbourne firm of brokers opened a branch office in Sydney.) The chairman of the Sydney Exchange (Mr R. W. King), who recently visited New Zealand, was re-elected. WELLINGTON CUSTOMS. RETURNS (New Zealand Press Association) WELLINGTON, April 4. Customs returns for the port of Wellington totalled £2,275,830 for the month of March, as against £1,979,444 for the same month last year. Details are as follows (figures for March, 1954, being ! shown in. parenthesis):—Customs, £901,075 (£872,475); sales tax, £1,165,673 l (£1,035,783); roads UX, £208,590 (£70.476); ; tyre duty, £492 r£710); total, £2,275,630 ■ (£1,979.444). , ! MINING AKAHURA DREDGE The Arahura gold dredge, operated by ’ Gold Mines of New Zealand, Ltd., during ' March, won a total of 1758 ounces of gold • from 312,000 yards of material excavated in 531 hours. Clntha River Dredge.—Operating at - Alexandra for the week ended March 25, I the dredge worked 125 hours and recov- . yed 150 ounces of gold.—(P.A.) ,

N.Z. Mutton Mar. 26. April 1. Crossbred Wether and/or Maiden Ewes— a. d. a. a. 481b and under 1 4 1 4 4G to 861b ■ 1 2 12 57 to 641b .. •• 0 11 0 11 65 to 731b .. j.. 0 9 0 8 Ewes— '. . SW":: i: o loi 0 9} 57 to 641b 0 7} 0 71 65 to 731b ' 0 61 0 61 N.Z. Lamb First Quality—Crossbred: 361b and under ilol 1 11 37 to 431b 1 10} 43 to 501b 1 8 1 8 Second Quality— Average about 311b 1 111 1 11 Quality—Downs: 1 if 361b and under a .. 1 Hi 37 to 431b 1 io! 1 10} 43 to 501b 1 8 1 8 First Quality—Canterbury: 361b and under 18 1 37 to 421b 1 10} 43 to 501b 1 8 1 8 Second QualityAverage about 311b 111J 1 11 Australian Wethers and/or Maiden Ewes 5 - 401b and under 0 111 0 111 41 to 481b 0 101 o 101 49 to 561b .. * ... 0 9} 0 9} Ewes— 401b and under .. 0 10} 0 10} 41 to 481b 0 92 0 92 First Quality Australian Lambs— 29 to 361b 1 8} 1 8 37 to 421b 1 6 1 6 43 to 501b 1 4J 1 4} Second Quality 281b and under 1 9 1 9 29 to 361b 1 7 1 7 Argentine Lambs (first quality)— 361b and under 1 8 1 8 37 to 421b 1 6 1 6 Beef