IMPORT SHIPPING RATES POTATO MARKET DROPS STATE OF THE FROZEN MEAT MARKET.

Evening Post, Volume CX, Issue 100, 25 October 1930, Page 12

IMPORT SHIPPING RATES

POTATO MARKET DROPS

STATE OF THE FROZEN MEAT MARKET.

' The New Zealand Shipowners' Coinniittee' announces 'that in'so far as the lines it represents are concerned, all freight Vate6 and rebates on outward shipments will eontinueionithe same basis, and that any statement to. the contrary will beinaecurate. This announcement is made with, the desire of removing any misapprehension, that may ,have arisen through representations made ,to "some importing firms;-, to 'the effect 'that' if shipments are put through certain' channels considerable savings, in'freights,;.can be made. The Overseas: Shipowners' Committee state that all shipments are on-the same footing,- no.-allowances;- are : made _to ; any torwarding agency, and no-discrimination is madeon"shipn'ients of goods to New. Zealand. ■'' ' • ■ • ' :.■

(By Telegraph—Press Association.)

CHRISTCHURCH, 24th October. The potatoes market has buffered a complete relapse. Quotations to-day are £1 ]5s to £2 a ton on trucks. This is the lowest level known for many years. The northern market, as far as volume of business is concerned, is. practically nou'cxistent. There are still a fair quantity of tubers offering. One of the principal features of the market is the disinclination of merchants to deal in forward businets, little 01 which is passing. There are no .changes to report in any 01 the other sections of the market, which are quiet.

I .-;' Messrs."teVin' and Co., Ltd., have, yeI o'eived-the'.i'ollowing..cablegram from their London agents, dated 24th October, .1930:— Frozen/meat-quotations (prices ou a "delivefed",; basifl;1 )'i.e!,. including storage charges, cartage,-niarket;tolls, etc.): Iforth Island.'Down lambsj;:none offering; best North'lsland crossbred Jambs, 28-3<ilb SVid I,per lb,' ■ 36421b'. &W; !. North .;■ Island: second quality, lambs, ''average' 30-311b # 7%d; best North'lsland wether sheep, under 481b 6%d, 48-561b-5%d,'56-641b 5 3-Bd, 64-7211) 5%d; North- Island ewes, under 4Slb 3 7-Sd, 4S-561b''3%»di 56j641b 3 3-Bd, 164-721b 3»4d. Newy'Zeala'nd prime ox beef, none offering.'" As compared .with last .week's quotations, best; North Island.crossbred lamb l-8d • per: lb lower, North -Island second quality -lamb 1-Sd per lb'.. liigher. Best North-. Island ■ wether ,;.under 481b Md per lb lower, 4S-641b 1-Sd per. lb lower; North Island ewes, 4S-641b, l-8d per lb lower, 64-721b %d per lb lower; others unchanged. The .'market, is weaker1 all round. The demand is limited. , .-'. .-:'; ; ." Messrs; Dalgety ' and Co., London, report 23rd October:—"Meat market: Change, if .any, in favour of buyers." The Bank o£ New Zealand Produce Department has . received the following ad : vice from its London office as at close 01 ■business this week: "There'is a moderate demand for wether mutton." Prices are a shade lower. There is a fair demand for ewes. Weaker values are ruling for lamb owing to lack-bf demand. The market for beef'is affected 'by heavy supplies of Argentine. Trade generally is aifected by heavy, supplies of. home-killed meat. Prices were also given. > '