LAMB PRICES LOWER

Dominion, Volume 28, Issue 122, 16 February 1935, Page 10

LAMB PRICES LOWER

-Heavier Arrivals—in London PRESSURE TO SELL Lambs: Prices easier, due heavier arrivals and pressure to sell. Weihers and ewes: Market slow, easier tendency. Beef: Market steady. Porkers: Market slow. Baconers: Market quiet, prices nominal. Tallow: Market firm. . The above report was received yesterday by Cathie, Dempster and Co., Ltd., from their principals, Sheed, Thompson ami Co., Ltd., Loudon, who quoje prices as follow: —Lambs, 2's. t’Jd. to 7}d.; Bs, Oji], to 7}d,; 4's, 7d. to 7|d.; seconds, 6}d. io 7d. Wethers. I’s, 7's, sd. to old ; 3’s, 9’s, s’s, 4d. to 4}d. Ewes. Is, 7s, 3-’jd. to 4d.: 3’s, 9's. s’s, 3d. to 3-Jd. U-t beef Ifa’iids. 3Hd. to 3 7-&1.: fores. 2 ;>-Bd. to 3}<l. Cow binds, 3 1-Sd. to 3 3-bd.; fores. 2 1-Sd. to 2]d. Porkers. 5 3-Bd. to 5 7-Sd. Baconers, 5Jd. to Cd. Tallow: Fine mutton. 25/-'; sweet beef, 26/-: good mixed, 24/-. Henry S. Fitter and Sons, Ltd., London, report as follows; —Lambs:, .die market is over-supplied; sellers trying to force sales have weakened values. Wethers: Weaker values ruling owing to lack of demand. Ewes: Trade is slow. Beef: The market, is short of supplies; prices nominal. Pork: The market is over-supplied and prices are affected '.n consequon-ce. Trade generally is affected by heavy supplies from-all sources. Prices are quoted as follow:—New Zealand lambs, selected Downs, 2’s. 7 1-Sd. to 7 3- : secondary lambs, selected Dowtas, 6 7-Sd. to 7 1-Sd.-, New Zealand lambs, 2's, 6 7-8 d: ,to 7 l-Bd.; S’s, 7d. to Tld.: 4’s. 7d. to 71d.; secondary lambs, 6 5-S<l., to 6 7-Bd. New Zealand mutton, small, 4- to old.; large. 3Jd. to 4}d. New .Zealand ewes, small. 3 7-Bd. to 4 1,-Sd.; large. 3d. to 3 5-Sd. New Zealand beef, ox .hinds,- 3-Jd. to 4d.: fores. 2_,d. to_3d. Argentine chilled ox hinds. 4}d. to 5(1.; ox fores, 3}d. to 3-}d. . . New Zealand pork, sd. to s}d, Australian lambs. 6d. to 6}d.; superfine quality. .6 5-Bd. to 6 7-Sd. Argentine lambs. 6d. to 6}d. M. A. Eliott, Ltd.. Palmerston North, have received the following report from Gordon. Woodroffe and Co.. Ltd.. London:—Lamb. par t0,3-Sd. lower; wethers, l-Bd. to 3-BJ. lower; ewes, pat to 1-Bd. lower; porkers. 1-Sd, to Id. lower. Mutton, lamb and ewes market ..weak and declining. Large holders pressing sales. Smithfield "delivered” prices are quoted as follow: —Best North Island prime lambs, under 361 b.. 7}d.; 361 b. to 421 b.. 7 1-Stl. , 421 b. to 501 b.. 7. 1-Sd. . Ordinary North Island lambs, under 36!b.. 7d.; 361 b. to 421 b., 7d.; second quality. 361 b. to 421ih.. 6}d.; average 2811).. 6 5-Sd, North Island wethers and/or maiden, ewes, tinder 481 b.. 51d. Ordinary North Island wethers and/or maiden ewes. IS.lb. to 561-b.. 5 1-Sd.: 561 h. to 641 b.. 4 7-Sd.: 641 b.. to 7211).. 4 5-Sd. North Island ewes, under 48’b.. 44(1. ; 4SKb. to 561 b.. ,4d.; 561 b.. to 6411>.. 3-W.: ’ 641 b. to 721 b.. 3.’,d. New' Zehlaml porkers, 601 b. to SO'b.. 55<1.; 8011). -to 10011.).: s }d.: 1001 b. to 1201 b.- sld. Base Metals Market By Telegraph.—Press Assn.—Copyright. (Received February. 15, 8.30 p.m.) ‘ London. February 14. The official Loudon (middle) quotations for Thursday, as reported by the Australian Mines and Metals Association, compare as under with those previously

cabled Feb. 13. Per ton. Feb. 14. • Per ton Copper- £ $. (I £ s. d. Standard .... .27 1 104 27 5 7* Standard, forward 27 11. 104 27 10 7 J Electrolytic .. . .30 0 (I ::0 10 0 tv- 30 10 0 30 12 <1 Wire bars ... 31) 10 0 30 12 6 Lend- ... 10 3 9 10 3 0 Forward ..... ... 10 7 0 10 10 0 Spelter— Spot ,11 18 9 111S ft Forward ,12 2 B 12 3 1) Tin- ,.. 229 .7 B 227 12 0 223 17 G Silver— Standard, per oz. . 24 7-ll.id. 24 a-sd. Fine .. 2(>3-8d. 2(1 U-lBd. ♦American, -10.05 cents a lb.