COMMERCIAL

Gisborne Times, Volume LXXI, Issue 11281, 11 August 1930, Page 2

COMMERCIAL

FROZEN MEAT MARKET,

United Press Assn Tjj/ El. Tel. CoDviiglit

(Received August 10, 5.5 p.m.) LONDON, August 9. Frozen meat,quotations are as follows:—.

New Zealand sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes 48 to' 561 b. od ; 57 to 641 b. 4|dj 65 to 721 b. 4sd; North. Island 48 to 561 b. 4fd; do. 57 to 6-llb. did. Australian sheep.—First quality crossbred and/or merino wethers 40 <o 651 b. 3Jd; second quality 30 to 55 lb. 3ld; ewes 30 to 551 b. 3Jd. Argentine sheep.—First quality crossbred wethers 48 to 641 b. 4)cl; 65 to 721b‘. 3fd; over' 721 b. 3^d. New Zealand lambs.—Selected North Island brands 37 to 421 b. Bfd; second quality average 311 b. 7§d; other North- Island brands, first quality 361 b. and under Bid. Australian Lambs.—Victorian first quality 361 b. and under 7/jd; 37 to 421 b. 7|d. . .. Patagonian lambs.—First quality 361 b. and under Ggd. New Zealand pigs.—First quality 60 to 1001 bs. 7fd; 101 to 120 lbs. 7id; others unchanged. ; STOCK AND SHARE MARKETS. (Press Association.) AUCKLAND, August 9. Reported sale: Commercial Bank, £1 Os 3d. Sdlo on ’Change: New Zealand Breweries, £2 11s. WELLINGTON, August 9. ‘ Said on ’Change : Now Zealand Breweries, 51s‘3d, 51s. OHRISTCHEKCH, August 9. Sales oil ’Change: New Zealand Breweries, 51s; Electro Zinc., prof., cum. div.» 23s Gd. • DUNEDIN, August 9. ' Sale on '’Change: Now Zealand Breweries, 51s 3d. WELLINGTON, August 9. Sales oil ’Change: New Zealand Breweries, 51s 3d, 51s. LONDON MARKET REPORT. The Bank ..of New Zealand is in receipt of the, following cable advice from its London office as at close of busihess on Saturday:—_ “Wethers.—The market is steady but not sufficient to stand any increase in prices. Ewes.—lnc market is dull. Lambs. —The, market is firmer for heavy weights. Beef.— The market is quiet;and unchanged. Current quotations: Wethers, fight 4’d to.’6d; heavy 4d to 4|d ; ewes 2)d to 33d; lambs, twos BJd “J BJd; eights Bjjd to 9d; fours 83d to Bfd; seconds 7-\d to 7fd; ox hinds 4|d to old; ox fores to 3Jd; cow hinds 4i(2 to 4|d 5 cow foros 2-id. to 2Jd.

LONDON RUTTER MARIvET DULL RETAILERS STILL HOLD LARGE STOCKS. (Jinled Press Assn, by EL Tel. Copyright (Received Aug. .10; 5.5 p.m.) LONDON, Aug. 9. .The.butter..market has again relapsed .into,.dullness, consumers .having- apparently more than filled immediate requirements during, the,per T iod of active buying early in . June. Retailers. have been using tlyur cold stored stocks, which .thus 1 , have been considerably' reduced, but . still remain very heavy,. and as ,tlie cjuantitics afloat to this country, from tlie southern hemisphere,are largo,"amounting to 257.000 boxes; compared with 148,000 boxes a year ago; there teems- likely to he a / largo amount on hand when tile llow season’s Australian and Now Zealand butters begin to arrive. . • ' NOT. OVER-PROMISING.. PROSPECTS FOR OVERSEAS • egg season. ... . (Jxnloa press' Aaan. by El.''tel.- Copyright (Received Aug. 18, 5.5 p.m.) y - ' LONDON, Aug. 9. The prospects of' the Australian and New Zealand egg'season do not appear aver;'promising,', arid shippers may find ' prices; will riot equal last year’s, disappointing as' they were. Ckmtmciilal arrivals ' jiist now / are large, and tjiough' supplies of British show' the usual seasonal decline * the 'demand is., poor ighd .thci, jnatkot irregular; ’ "v'y.; '-; A'kVV ,/■