SMITHFIELD MEAT MARKET

Press, Volume XCIV, Issue 28158, 22 December 1956, Page 14

SMITHFIELD MEAT MARKET

MOST PRICES STEADY THIS WEEK

Smithfield meat prices were largely unchanged this week, according to the weekly price list compiled by the Imported Meat Trade Association. Canterbury lamb. 29-361 b, was |d per lb dearer and other lamb and mutton prices were steady. Neither Australian nor New Zealand chilled beef was quoted, but Argentine chilled beef was appreciably firmer. Hinds were quoted at 16|d to 21|d, compared with 14d to 16£d.

Prices for New Zealand meat (ex store, London, for frozen meat; delivered to Smithfield for chilled beef) in the week ended December 19. with the variation since the previous week, were as follows :

SHAREMARKET INDICES

Per lb. Variation s. d. d. per lb Crossbred Wethers, Maiden Ewes— Under 481b .. 1 6 N.C. 49-561b .. ..14 N.C. 57-64lb .. ..13 NC. 65-721b .. ..11 N.C. Ewes— Not quoted.* Canterbury Lamb First Quality— Under 281b .. .. 2 23 N.C. 29-361b .. .. 2 H 37-421b .. ..1 Hi N.C. 43-501b .. .. 1 9i N.C. Seconds— Under 281b .. ..2 1? N.C. 29-361b .. .. 2 01 4-1 Frozen Beet First QualityOx hinds, 145-1601b 1 1? N.C. Ox hinds, 161-2101b 1 11 N.C. Ox fores (145-2101b) 0 10 N.C. Ox hinds .. .. 1 11 N.C. Ox fores .. .. 0 10 N.C.

Comparative indices are;— New York—Dow Jones. shares sold Rails. Indus Dec. 30 . 163.29 488.40 2.820,000 Jan. 30 . 155.10 467.50 1,830,000 Feb 29 . 159.62 483.65 3,900 000 March 29 . 171.82 511 79 3,480,000 April 30 . 176.63 516.12 2,730,000 May 31 . 165.10 478.05 2,020.000 June 28 . 166.84 492.50 1,900.000 July 31 . 170.65 517.81 2.520,000 August 30 . 160.65 502.04 1,620,000 Sept 28 . 154.01 475.25 1,720,000 Oct. 31 . 155.93 479.85 2.280,000 Nov 30 . 151.02 472.78 2.300.000 Dec. 13 . 155.97 490.47 2,370.000 Dec. 14 . 155.24 492.08 2.450.00U Dec. 17 . 154.65 492.08 2,450,000 Dec. 18 . 154.45 495.09 2,370,000 Dec. 19 . 153.83 493.81 1,990,000 London.—Financial Times: Indus, ord (1930 equals equals 100);— 100): Govt and sold (1929 Indus.ord. Govt. Gold Dec. 12 .. 198.1 90.53 •87.1 Jan. 4 .. 203.4 90.16 t86.7 Jan. 31 .. 186.4 88.70 82.5 Feb 28 .. 177.9 88 15 r 0.6 March 29 .. 180.1 86.50 85.5 April 30 .. 190.7 87.80 81.4 May 31 .. 181.1 85.39 78.1 June 29 .. 174.4 84.57 81.7 July 31 .. 182.8 84.04 80.3 August 31 .. 182 9 84.72 80.6 Sept 28 .. 181.2 83.72 78.7 Oct 31 .. 175.1 84.10 72.7 Nov 30 .. 163.5 82.38 71.1 Dec 13 .. 175.2 82.99 78.1 Dec. 14 .. 175.9 83.09 78.0 Dec 17 .. 175.9 83.08 78.0 Dec. 18 .. 174.5 83.00 78.7 Dec. 19 .. 174.3 83.23 78.5 Dec. 20 .. 176.1 83.39 77.2 •New series begins. tEx dividend (equals 88 1 cum div.)