SMITHFIELD MARKET

Press, Volume CXIV, Issue 33532, 13 May 1974, Page 16

SMITHFIELD MARKET

There was little change in

the over-all meat trade on] the Smithfield market last! week, the Meat Board re-’ ports. Beef continued in plentiful ■ supply because of higher domestic offerings and the increased availability of low priced forequarters from the continent. This meant that the relative price of beef to iamb continued to be attractive to buyers and Consequently influenced the inquiry for New Zealand lamb which fell somewhat on the previous week. To maintain steady values under these circumstances daily offerings of lamb were reduced to meet demand. Price Var’n P P per lb per lb I Prime.— 281 b and under 26.0-27.5 —0.50 *29lb to 361 b . . 26.0-27.0 -0.50 371 b to 421 b .. 26.0-27.0 n.c. i , 431 b to 561 b .. 24.0-25.0 -0.50; ; Y.— ! 28ib and under 25.5-27.0 n.c. 1 i 291 b to 361 b .. 26.0-26.5 n.a. j Nominal pitchings of New) 1 Zealand lamb cuts sold at j slightly lower values: Legs .. 39.5-40.5 -0.50 Long loins .. 38.0-39.5 —0.75 Short fores .. 24.0-25.0 1.00 Nominal pitchings of New Zealand boneless beef cleared readily at the following prices:— Striploins .. 61.0-61.5 n.a. Topsides .. 43.0-44.0 n.c. Silversides .. 42.0-43.0 n.c. Thickflanks .. 39.5-40.5 n.c. METALS (N.Z.P.A.-Reuter—Copyright) LONDON, May 9. Buyer - Sellers a ton a ton i Copper -. .. 1280.00 1285.00 Tin .. .. 3985.00 3990.00 Lead .. 304.50 305.00 Zinc 822.00 824.00 Silver (pence per ounce), spot 224.5. forward 233.5. I Gold (U.S. dollars per ounce). 1166.25.