FARMING INTERESTS

Dominion, Volume 16, Issue 149, 12 March 1923, Page 10

FARMING INTERESTS

FROZEN MEAT I LONDON QUOTATIONS. (Rec. March 11, 5.5 p.m.) ' London, March 10. Latest quotations for frozen and chilled merits are as follow : — Sheep. Australian first, 6}d. per lb.; seconds, 6d. ; ewes, 5Jd. Lambs. "• Other selecteds, light, 12|d.; heavy, 12Jd. North Island firsts. Is Frozen Beef. New Zealand fore's, 3Jd.; hinds, sd. Argentine fores, 3Jd. ; hinds, sgd, Chilled Beef. Argentine fores, 3Jd.; Rinds, 5Jd. Uruguay fores, 3Jd.; hinds, sd. Others meats are unchanged. Messrs. Dalgety and. Company. Ltd., report having received the following cablegram, from their London house, under date of March 8: —“Quotation: N..Z. prime crossbred lamb. Canterbury, heavy 12fd., light 12Jd.: N.Z. prime crossbred lamb, North Island, flioavy 12-jd., light 12jd. Demand for N Z. lamb limited, market weaker, and scorns likely to decline gradually when arrivals corns forward more fre'ely. N.Z. prime crossbred mutton, North Island, 9d. Demand for N.Z. mutton l>as been checked by increased prices asked, market nominal. N.Z. prime ox beef, hinds 4jd., fores 3Jd. Demand for N.Z. beef poor; prices vary fromday to day. G.A.Q. crossbred lamb, ♦ ustrnlian, heavy 9d., light JOd.; G.A.Q. crossbred, mutton, Australian, heavy, 5Jd.. light 6Jd. Demand for Australian lamb runs principally on finest qualities. Demand for Australian mutton less.” The Loan and Mercantile Agency Co., Ltd., have received the following cablegram from London in respect to the New Zealand frozen meat market: —“Lamb (average), Is. Ogd. per lb Mutton, wether and maiden ewes, lighu 9d. per lb., heavy 7|d. ; ewes, light >d., heavy 6|d. Market dull, with downward tendency. Beef: Market, slow. Last quotations, March’ 2, 1923: —Ox, binds 4}il. per lb., fores 3|d.; cow, hinds 4}d., fores Sid.” LONDON WQOL SALES EXCELLENT TONE ALL ROUND. (Rec. March 12, 0.35 a.m.) London, March 10. At the wool sales a fair selection of merinos, chiefly Continentals, was well competed for, but prices were unchanged. A large offering of crossbreds brought full recent rates. The tone all round was excellent. Aus.N.Z. Cable Assn.

Messrs. Murray, Roberts and Co., Ltd., have received a cablegram from their London agents, dated March 9, reading » s follows: — , At close

BUTTER AND CHEESE LONDON QUOTATIONS. London, March 8. The butter market is quiet. Consumption has been checked by the retail price having risen above two shillings a pound. Danish has dropped sharps to 208 s. to 210 - per cwt. New Zealand, choicest 2065. to 2085., unsalted 210 s. ; Australian 200 s. 6d. to 2025., unsalted 2045, c XT ' The cheeso market is very firm. New Zealand white 140 s. to 1425. per cwt , coloured 1425. to 1445. A small arrival of Australia cleared at 1345. to 136sper cwt. THp New Zealand Loan and Mercantile'Ajjencv Comnany, Ltd., have received the following cablegram from their Lo’*lon house, under date March 9 : —New Zealand butter, 2065. to 210

per cwt. ; tone of market firmer. Cheese, 138 s. to 1425. per cwt.; market firm.”

Messi s. A. H. Turnbull and Co. hav 6 received a cablegram from their principals, Messrs. W. Weddel and Co., Ltd., London, regarding the dairy produce market, as follows “Danish butter, 210 s. to 2165. ; N.Z. unsalted butter, 210 s. to 2125. ; N.Z. salted butter, 2055. to 210 s. ; market quiet. N.Z. white cheese, 140 s. to 1425.; N.Z. coloured cheese, 1425. to 1445. ; market firm.” SHEEPSKIN HIDE AND TALLOW SALE The sales of sheepskins, hides, and tallow were resumed on Friday, after an interval of six weeks. There was a good attendance of exporters, tanners, fellmongers, and the local trade For sheepskins competition was keen and the values generally ruling were very firm and equal to best rates in the January salesSalties, if anything,' sold in seller’s favour. There was a steady demand for hides, and clearances were very satisfactory. Heavies appreciated by fully Jd. to Id. per lb. ; mediums about id., and light hides about on a par with January rates. Calf were lower by 2d. to 3d. per lb. Shipping packages of tallow showed an advance of 10s. to £1 per, ton on late rates, well rendered lines showing most improvement. The following is the range of prices:— Sheepskins.—Halfbred, 12Jd.; fine crossbred, lOd. to ISJd.; medium to coarse crossbred, Bd. to lOijd. ; short halfbred wools, s|d. to 7jd.; Jambs, 4d. to 10}d.; dead and damaged crossbred, 2d. to B}d. ; inferior and badly damaged, Ad. to s}d. : pelts, Id. to 5d,; damp, salted, and green, 3s. 4d. to Bs. 9d.; pelts, salted. Is. sd. to 3s. Bd.; lambs, salted, 2s. sd. to 4s. 3d. Hides. —Ox, heavv, 591 b. and over, lOd to 11 l-Bd. ; ox. medium, 50 to 581 b., 9 l-Bd. to 9 7-Bd.; ox light, 491 b. and under, 7d. to 8 l-Bd.: cut, slippy, and inferior, 4d. to 8 <-Bd. : cow, heavy, 551 b. and over, 8 l-Bd. to 9 5-Bd. ; cow, medium, 42 to 541 b.. 6Jd. to 7 5-Bd.; cow, light, under 421 b.. 6 5-Bd. to 7d. ; cut, slippy, and inferior, 2)d. to 6d. ; bull stag, 2 l-Bd. to 4 3-Bd. ; yearlings. 11 to 321 b., Cd. to 9 5-Bd.; calf, medium to good, up to 101 b., 10 7-Sd. to 13 l-Bd.: calf damaged. up to 101 b., 2d. to 9 l-Bd. Tallow. —In casks. 18s. 6d. to L/s.; in tins, etc., 9s, Cd. to 235. Horsehair, 15<L to 18d. The Loan and Mercantile Agencv Coinpanv. Ltd., have received the following cablegram from their London house under date March 7: —“'lallow: Wo quote present spot values for the following descriptions:—Fino mutton, 445. 9d. per cwt.; good Hast, 425.; mixed, 395. Market fijun* . Messrs. Dafgefv anft company, Limited, report having recoivol the following cablegram from their London house, under’ date March 7:—Tallow: 710 casks tallovz offered and practically all sold. Prices are Is. per cwt. higher on the average. The Bank of Now Zealand, produce d-<r.irtment, has received the following advice from its London office, under date March 7: —“There is a good demand for tallow, and prices have advanced Is per cwt. on last quotations.”

of Jan. series. Yielding d. d. 56’s 60 p.c. 23 23 50’s 65 p.c. 18 18 44’s/46’s preparing 74 p.c. m 12i 44’s/46’s carding 72 p.c. 11 4O’s/44’s 73 p.c. 10 an’c'40’# ,7op.c. 8 V 9 tnorj •(•tn-d s) ‘nipqun--t>aApxv