IMPROVING MEAT MARKET.

Evening Post, Volume CIX, Issue 115, 17 May 1930, Page 12

IMPROVING MEAT MARKET.

Messrs. Levin and Co., Ltd., have received the following cablegram from their London agents, dated 16th day:—Frozen meat quotations (prices on a ''delivered" basis*, i.e., including storage charges, cartage, market tolls, etc.): North Island Down lambs, 28-361b B%d,,per lb, 36-421b 7%d; best North Island crossbred lambs, 28-361b B%d, 36-421b 7 3-8 d; North Island, second quality lambs, average 30-311b 7%d; best North Island wether sheep, under 481b 5%d, 48-561 bsd, 56-641b 4%d, 64-721b 4d. North Island ewea, under 481b 3 5-Sd, 48-561b 3%d, SC-641b 3 l-Bd, 64-721b 2 7-8 d; New Zealand prime ox beef, 160-2201b, 4 3-Bd. As compared with last week's quotations, North Island Down lamb l-8d per lb higher, best North Island crossbred lamb, 28-361b, %d per lb higher, 36----421b l-8d per lb higher: best North Island wether under 561b 1-od per lb higher, others unchanged; North Island ewes, 56-721b, l-8d per lb higher, others' unchanged. The position is improving slowly all round. The' Bank of New Zealand Produce Department has received the following advice from . its London office as 'at close of business this week:—Frozen Meat: Prices for wethers have apparently reached bottom. There is a little better demand. There is a.steady demand for ewes. The demand for lamb "is improving, the market being firm with an upward tendency. Trade in beef is slow. Wethers, light 4%d to 5%d per lb, heavy 3»4d to 4d; ewes, 2%d to 3%d; lambs, 2's 8d to S%d, B's VAd to 7%d, 4's 7d to 7%d, seconds 7%d to 8d; ox hinds, 5%d to 5%d: ox fores, 3%d to 3%d; cow hinds, 4%il to 4%dj cow fores', 3d to 3',4d.