COMMERCIAL.

Hawke's Bay Tribune, Volume XVII, 28 September 1927, Page 7

COMMERCIAL.

WAIPUKURAU STOCK SALE.

At the Waipukurau sale yesterday there was a small yarding of both sheep and cattle, the yarding being mostly passed in vendors’ ideas being above market rates. One and two year old P.A. steers passed at £5 2s 6d, 1 and 2-year P.A. heifers passed at £3 10s. 2 and 3-vear Hereford steers (good quality but small) sold at £6 17s 6d, good quality 3-yr P.Asteers passed at £6 15s dairy cows £3 to £6 ss. store sheep were all passed under the hammer. The various brokers report as follow :—

Murray. Roberts and Co.. Ltd.I Jersey cow springing £6 ss. 1 Holstein cow. spring £4, 2 store cows £2, 1 forward cow £2 15s. H.B. Farmers’ Co-op. Assn.. Ltd. —1 springing cow £3. 7 fat bullocks £l2 6s. 5 yearling Jersey heifers £3. II yearling dairy heifers £1 12s. 2 2-year heifers £1 10s. 1 steer £2 17s 6d, 1 at £1 ss. 1 fat heifer £3 10s. 31 fat ewes 25s 6d. 113 fat and for ward wethers 32s Id.

Dalgety and Co.. Ltd.—6 cows in calf (Jersey bull) £2 6s. cow in profit £1 10s. 1 springing dairy cow £5, 3 cow in calf £1 10s. Williams and Kettle. Ltd.—l 4 H.. steers £6 17s 6d. 9 P.A. steers 16s 6d. 2 steers £2 16s. 1 cow 345. 1 at 4 3 15s. 1 at £2 Is 38 yearling steers £5 2s 6d. 1 cow on drop £3 12s 6d. 1 dairy heifer £7. 1 at £4. 1 at 30s. 1 empty heifer £2 15s. PRICES OF METALS. London. September 26. Copper: Spot £54 6s 3d. forward £54 13s Ijd. Electrolytic: Snot £6l 15s. forward £62. Wire bars: £62. Lead; Spot £2l. forward £2l 10s. Spelter: Spot £27 2s 6d. forward £27 2s 6d. Tin: Spot £268 Is 3d forward £265 17s 6d. Silver: Standard 25 11-16 d. fine 27id.—(A. and N.Z) WOOL SALE REPORTS. Murray, Roberts and Co., Ltd., have received the following cablegram from their London house: -Sales continue firm, all sections operating freely. Compared with present London ” sales opening rates • Greasy merino, superior, wool suitable for the Continent, advanced 5 per cent.; scoured merino, superior, par vo ft per cent, advance; lambs inerirfo greasy, advanced 5 to 7| per cent. The following cable has been received by Dalgety and Co., Ltd., Napier, from their heau office, London. dated 24th September:—Sales continue firm and lately reported rates fully maintained. The series closes on 29th inst. English largest buyers but good demand from Continent and some American buyers operating, London. September 26. At the wool sfl-les there was a limited miscellaneous selection of all classes and prices were fully main tained. New Zealand's: Waterteak 44|d to 40d. Tangi 18’ 2 d to 16d. Core 19id to 18d, Omarama 24d to 23d.--(A. and N.Z.) LAMB AND MUTTON. The N.Z. Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house, under date 23rd inst. •— N.Z. Frozen Meat (last quotations in parenthesis) : Lamb, 9Jd per lb. average (9d per lb.); mutton wether and maiden ewe light 6 3-8 d per lb. heavy s|d (no change) ; ewe, light 5Jd per lb, heavy 5d (no change). SMITHFIELD MEAT PRICES. AS AT 23rd SEPTEMBER. N.Z. Wethers and Maidens; Canterbury quality, selected brands. 56/ under ’ 6fd. 57/64 6 3-Bd, 65/72 6d; other brands. 56/under 6Jd. 57/61 6d. 65/72 5Jd. x N.Z. Ewes: 64/under s£d. N.Z Lambs: Canterbury quality, 36/under 9fd, 37/42 9|d, 43/50 B#d, seconds 9|d; selected brands, 36/under 9|d, 37/42 9d; other brands, first quality, 36/under 9|d, 37/42 8 7-8 d; second quality 30/32 average 9>d, Argentine Lambs: First quality. 36/under Bd. 37/42 7|d. N.Z .Beef: Ox fores 33d, hinds 5Jd. Argentine Chilled Beef; Ux fores 3|d, hinds 6|d. Argentine Frozen Beef: Ox fores 33d, hinds 6d Frozen Pork: 80/120lbs 9d. 120/180 7d. Lamb: Market firm owing to decreasing supplies, but consumption affected by good supplies Home killed lamb, Mutton: Market firm, especially for later delivery. Frozen Pork: 80/1201bs firm; 120/180 easier, in sympathy with bacon market. COLD STORAGE IN LONDON. Ever since its inception in. 1922, the New Zealand Meat Producers' Board has been endeavouring in every way possible to reduce the various charges incurred in getting our frozen meat to the consumers at Home, thus increasing the nett returns to the meat producers ol this Dominion. Through its powers it has been successful in obtaining substantial reductions in freight, insurance and other charges, but m regard to cold storage charges in London, where the .greater quantity of our meat is landed, the board has not met with the same success, despite repeated efforts for years past. Some time ago, the board took the option of a site on the Thames adjacent to Smithfield, and as a result of the board’s action in this direction cold store owners have made a small reduction which, based on the .amount of meat shipped to London, would amount to approximately £30.000 per annum. The board does not consider that the rates have vet been brought down to a fair level, and it therefore decided to exercise its option and has now completed the purchase of this site on the Thames. SHIPMENTS OF MEAT FROM south America. The following are the shipments to the United Kingdom for the fortnight ended 15th September, 1927, from Argentine and Uruguay:— 195,289 quarters chi lieu beef, 10,003 quarters frozen beef. 6,910 carcases frozen mutton. 31.904 carcases frozen lamb. The quantity shipped to the. Continent of Europe duru-g the same period was as follows :—160,270 quarters frozen beef, 7,400 carcases Dozen mutton.