OFFICIAL AND PRIVATE ADVICES

Evening Post, Volume CV, Issue 108, 8 May 1923, Page 3

OFFICIAL AND PRIVATE ADVICES

The Department of Agriculture has received the following cablegram, dated! sth May, from the High Commissioner for New Zealand, London :— Meat—Prices for all descriptions of mutton and lamb are id per lb lower. The demand for mutton particularly is very slow. The margket is affected by Argentine meat being pressed for sale at very low prices. Heavy supplies pf chilled beef and prices lower. Frozen beef not selling. New Zealand Mutton (sth May)—49----561b, 8d; 57-641b, 7£d; 65-721b, 6d; 73----801b, 4|d; ewes, under 641b, sd. New Zealand Lamb—Canterbury, ■ 29-36, and 37-421b, 10|d; 42-501b, lOJd; • second class, 9|d; North Island, best, lOd; second class, 9d. New Zealand Beef, —■ Not quoted. Chilled Beef—Fores, 2d to 2£d; hinds, 4Jd to s|d. English retail prices are as follow: —■ Mutton—English, legs .Is ' B<J.;' loins, 2s; shoulders, Is 6d. Imported, legs, lid; loins, lid ; shoulders, lOd. Lamb—English, legs, 2s 3d ; loins, 2s 3d; shoulders, 2s 2d. Imported, legs, Is 4d; loins, Is 4d; shoulders, Is 3d. Beef.—English-, ribs, Is lid*; sirloin, Is Hd; steak, 2s 6d. Imported chilled, ribs, lid; sirloin, lid; steak. Is Bd. Imported frozen, ribs, lOd; sirloin, lOdj steak, Is 6d. DAIRY PRODUCE. Butter—Market continues dull: New Zealand (salted), finest (sth May), 1445. 1465, up to 148s per cwt (Is 3^d to Is 3£d per lb); unsalted (sth May), 150s to 154s per cwt (Is 4d to Is 4£d per lb); other qualities (sth May), salted, 138s to 142s per cwt (Is 2|d to Is 3id per lb). Australian (salted), finest (sth May). 136s to 140s up to 142s per owt (Is 3£d, Is 3d, Is 3id per lb); unsalted (sth May), 138s to 142s per cwt (1 2Jd to Is 3id per lb) ; other qualities (sth May), salted, 120s to 134s per cwt (Is o}d to Is 2id per lb); unsalted. 122s to 134s per cwt (Is Id to Is 2^d per lb). Argentine (sth May), 120s to 136s per cwt (Is OJd to Is 2id per lb). Danish (sth May), 154s to 156s per cwt (Is 4Jd to Is 4|d per lb). Cheese—Market firmer with improved demand: New Zealand (sth May), coloured and white 945, 965, 98s per cwt (10d, 10id, 10id per lb). Australian (sth May), coloured, 84s to 86s per cwt (9d to 9|d per lb). Shipments of New Zealand produce arrived this week per s.s. Piako, Kia Ora, Armagh, Mahana. . FRUIT. Fruit.—Still large supplies of American on hand, and with continued arrivals o£ Australian, the market is depressed, and values are low, with no prospect at present rising. New Zealand fruit is selling slowly. Cox's Orange is the only variety to maintain a price. Other varieties can only be sold at a loss. Prices 8s 6d, 11s per case. A large part of the Wangaratta shipment is still unsold. The Armagh is expected to discharge her fruit; on Monday (to-day). PEAS AND BEANS. Peas.—Market firmer. Parcels of New Zealand "Maple" afloat have been resold for 85s, 90s per quarter, c.i.f., 110s. exstore, has been asked for shipments which have arrived, but no business reported. Tastnanian resale offered at 120?, ex store. "Blue" peas in slow demand, and no business passing. Japanese green peas, May-June shipment, sold at 2;<s 6d per cwfc; September-October . shipments, . 235. Beans. —Market quiet .for imported. Chinese horse, spot, sold st 12s per per cwt; July-September sfuroment, 10s 6d. English market oviiet. bit steady, 9s 6d, 11s. New Zealand, sue., quoted at 49s to 50s per quarter. EGGS STEADY. Eggs.—Market steady. Home suppli>:3 smaller. Irish, English, French, Dutch, and Danish, 11s, 13s 3d per long 100 (120); Egyptian, Hungarian, Lithuanian, Brittany, and Syrian, 7s 3d, 10s 6d per long 100 (120). EXCHANGE AND BUTTER .PRICES. The National Dairy Association of New Zealand, Ltd., has received the following cable from its London office, dated 3t!i May:—Butter.—Market weak. New Zealand, salted 1443 to 146 a, unsalted 15Cs to 1525; Australian, salted 134s to 138s; Argentine, salted 120s to 1365; Danish, salted 154s to 1565. "Contributing causes to butter decline are the adverse German exchange forcing Danish on this market, and increased Baltic and Swedish supplies. Retail prices were too high to absorb the imports. These have now been reduced to le 4d to Is 6d, and a healthier trade is expected. "Cheese.—Market firm, with good demand at the lower prices. New Zealand, white and coloured, 94s to 965; Canadian, white and coloured, 90s; Australian, white and coloured, 84s to 865." Cable message received by Bank of New South Wales from its London office, dated sth May:—"Butter, weak, 1443 to 1465; cheese, firm, 94s to 96*: mutton, wethers 4id to 9d, ewes 4£d to 5Jd, lambs 9d to Hid; beef, 2Jd to sd; pork, 6d to 7id. '