OVERSEA PORK MARKETS.

Dominion, Volume 4, Issue 1124, 11 May 1911, Page 8

OVERSEA PORK MARKETS.

FALL IN VALVES PHEDICTED. Lately, Xcw Zealand farmers liavo heard a good deal about the prices to be obtained in the outside markets for pork. In (ho "Farmer and Stockbreeder" (London), Mr. Sunders Spencer says that, nlthough the American markets may not have so dominatin'' an influence on the prices current in England nt the present time as in the past, still they have some effect In the London "Times" of March 22 it was reported that in the United States the previous day short clear sides (of bacon) were selling at from 9.12 V dollars to 0.23 dollars the central, whilst the price a year since was 14.25 dollars to 11.75 dollars. Light hogs this year, at G. 65 dollars to 7.05 dollars, compared with 10.10 dollars to 10.75 dollars; and heavy hogs were G. 70 dollars to 7.00 dollars, whilst last year t.ho quotation was 10.50 dollars to 10.75 dollars. The receipts at Chicago since March 1 numbered 1,200,00(1, against 838,000 during tho same period in the year 1!)',9. Commenting on this news, Mr. Spencer said: "These figures arc so eloquent that it cau scarcely be -necessary for mo to point out the fact that a considerable reduction in the value of pork and bacon on the British market is one of tho possibilities, if not one of-tho certainties, of the near future." /