SMITHFIELD MARKET

Press, Volume CIII, Issue 30562, 3 October 1964, Page 20

SMITHFIELD MARKET

Lamb Prices Easier (N.Z. Press Association) WELLINGTON, Oct. 2: There was slow inquiry for most commodities at Smithfield Market, London, this week, according to the Meat Board market information service. There was an easing in prices of New Zealand lamb from the peak level bf recent weeks. There was a decline of Is 2d per lb in quotations for the main grade (prime 29-3Qlb). There were light pitchings of New Zealand mutton. The main grade (49-561 b was quoted at 18|d to 19s per lb. The main grade of ewes (49-561 b was at 16d per lb Small quantities of New Zealand G.A.Q. ox hinds were quoted at 29s to 29}d per lb and fores at 20d to 21d per lb. In the United States there has been a strengthening of prices for both domestic and impbrted boneless processing meats. Although storage stocks are still high,, frozen meats have been in improved demand.’ . . Quotations for New Zealand lamb: Quotations Quotations for New Zealand lamb:—

N.Z. Reserves Steady (N.Z. Press Association) WELLINGTON, October 2. Net overseas assets of the New Zealand banking system on September 23 were £BB.Bm, compared with £89.1m on September 16 and £81.3m on September 25, 1963. These figures were announced today by the Reserve Bank. C. L STURGE AND CO, (C. L. Sturge, Member of the Christchurch Stock- Exchange), Stock and Sharebrokers. Allan McLean Buildings (first Boor), cnr, Colombo st and Oxford tee, Christchurch. Cables and Telegrams: “Sturco," P.O. Box 85, TeL 65-746. —Advt

Price Var'n Primed per lb d per lb Under 281b .. 31-311 nc 29 -361b .. 291-30 ■ . ifr 37-421b .. 26 -261 1 43-50 lb .. 24 —J F.A.Q.— Under 281b .. 31 nc 29-361b .. 291-30