PRICES FOR FAT STOCK.

Manawatu Standard, Volume LIII, Issue 7, 6 December 1932, Page 5

PRICES FOR FAT STOCK.

EXPORT VALUES. IN WELLINGTON PROVINCE. WELLINGTON, Dec. 6. It is very many years sinco the prices of fat stock for export were as low as tlioso ruling at present. The- schedule of prices payable on the farm for export fat stock in the Wellington province wero made available yesterday. Lambs up to 361 b aro priced at 4Jd per lb, at which rate the avorago for a 321 b lamb will bo 10s 6d. For wethers up to 481 b tho price is 2gd per lb, making tho average price of a 561 b wether 10s 3d. Ewes up to 481 b command lid per lb, the average price of a 541 b owe working out at ss. Tho opening prices for export lambs last year wore 7d a lb for o6's, 6£d for 37-42's, and 6cl foi' overweights and seconds. These rates applied only to lambs available for tho only Wellington loading for the London Christmas trade. On November 16, 1931, tho rates were reduced to tho following schedule:—Lambs: Up to 361 b, sid per lb; 371 b to 421 b, sd; overweights and seconds, 4id. Wethers: Lightweights, Sid; heavyweights, l|d; heavyweights, down to fd. The Wellington price schedule issued yesterday is as follow: — Lambs—Up to 361 b, 4Jd; 371 b to 421 b, 3i|d; over 421 b and seconds, 3Jd. Wethers.—Up to 481 b, 2Jd; 491 bto 561 b, 2id; 571 b to 641 b, 2}d; 651 b to 721 b, over 721 b, l|d: seconds, 2£d. , Ewes.—Up to 481 b, lid; 491 b to 561 b, lid; 571 b to 641 b, Id; over 641 b, 3d. These prices are tho same as those ruling in tho Wangauui district. _ FROZEN MEAT PRICES. Tho Bank of Now South Wales lias received tho following cablo message from its London office, dated December 2:— Mutton: Ewes, 2|d to 3Jd; market well supplied; wethers, 3id to 4Jd; becoming firmer; smaller supplies. Lamb: 5d to 7d; moderate demand. Beef: 2d to 3|d; slow. Pork: 4id to 6d; steady trade. SYDNEY WOOL SALES. VERY STRONG COMPETITION SYDNEY, Dec. 5. r Jlie Sydney wool sales resumed to-day with very strong competition from all sections, Japan predominating. The market was without change from the closing rates of the last series. American competition was noticeable on superior wools. Greasy Merino made up to 22id. A total of 11,865 bales was offered, of which 11,216 were sold at auction, 1223 being disposed of privately. The-average price of the wool sold at Sydney this season to dato is £ll 9s 5d per bale, or B.Bd per lb. The third series of wool sales which opened at. Sydney yesterday will continue till December 15, the oatalogues totalling 91,300 bales. The Melbourne woolbrokers report that the average price realised for greasy wool sold in Melbourne in tho week ended November 26, 1932, was 8.78 d a lb or £ll 6s 8d a bale, on an averago weight of 309.461 b.

FRUIT AND VEGETABLES. WELLINGTON MARKET PRICES WELLINGTON, Dec. 6. The following prices arc reported by (he local fruit inspector to tho Department of Agriculture as a fair average of those obtained at auction in the Wellington markets during November: Apples.—Stunners, 7s to 9s 6d per case; Delicious, 7s 6d to 9s; Doherty, 4s 6d to 6s. Pears: Winter Cole, 7s 6d to 9s per case; Winter Nelis, 6s 6d to 8s; P. Barry, 6s 6d to 7s 9d. Cherries, 7s to 14s per 101 b box; plums, cherry, 6s to 7s 3d per half-case; plums, bronze, up to 6s per half-case: gooseberries, 2d to 4d por lb; strawberries, 9d to Is 6d per punnet; lemons, 7s to lis per case. . Vegetables.—Cauliflowers, 6s 6d to 9s per sack; spring cabbage, Is to 2s 6d per banana case; lettuce, 9d to 2s 6d por banana case; spinach, Is to 3s per banana case; beetroot, 4d to 7d per bunch; asparagus, 4d to 6d per bunch; rhubarb, 6d to Is 3d per 3 bunches; Jeeks, 3d to 5d bunch; spring onions, 6d to Is 3d per bunch; cucumbers, hothouse, 3s 6d to 6s doz.; green peas, 6s 6d to 10s sack of 8 pecks; broad beans, 3s to 5s part sack; marrows, 8s to 14s per banana case; new potatoes, 3s to 6s per 601 b bag; tomatoes, 5d to Is 3d per lb. FARMING NEWS. RURAL RAKINGS. Wild turnip is showing up strongly in many fields in the Halswell-Prebbleton district (says the Christchurch Press). It is a particularly obnoxious infestation and more effort should be made to eradicate it. Complete eradication is difficult, but a light cultivation after the crop is cut will considerably reduce the pest. It is fairly definite that the fruit crops in the Motueka area will be down 75,000 to 80,000 cases this year, according to Mr G. Stratford, of the Department of Agriculture. The falling-off will bo mainly in tho eurly and late varieties; midsummer fruit will be about the same as lust year, with Jonathans, on the whole, hoavior. Cox's Orange, Pippin and Sturmcrs are - the chief defaulters among the early and late varieties.

The Chinese sheep flocks total 35,000,000, and they grow a clip estimated at 55,000,0001 b, or 180,000 bales. The weight of a fleece is therefore extremely poor. The sheep are chiefly of the fat-tailed, hornless type. During the period of the year when feed is scarce, the sheep live with little food. The absorption of the fat in their tails assisting to maintain them. Shearing chiefly takes place from the middle of March to the end of April. The clip is largely of inferior grade, much of it carrying dust and foreign matter, and the great bulk of it only suitable for the carpet and rough blanket trade. Shipments of wool have been made from Australia to China at different times, but the quantity sent in any year so far has been small (says the Sydney Morning Herald). Last season the total, was 247 bales, and later a consignment of scoured wool was bought for shipment to the Chinese mills. Undoubtedly, as a buyer of Australian wool, China has possibilities, but they will take time to develop into material facts. Cotton and silk goods chiefly supply Chinese wants, but a fair quantity of woollen and worsted fabrics is imported. In 1931 Great Britain exported 9,000,000 square yards to that quarter. RATES OF EXCHANGE. LONDON, Nov. 13. The following rates on foreign exchanges were current to-day, as compared with

par: — Dec. 3 Par. New York, dol to £1 3.18A 4.866 Montreal, dol. to £1 3.765 4.866 Paris, fr. to £1 81 7-16 124.21 Brussels, bel. to £1 22.975 35.00 Geneva, fr. to £1 16.555 25.225 Amsterdam, fl. to £1 7.915 12.107 Milan, lire to £1 63 92.46 Berlin, inks, to £1 13.175 20.43 Stockholm, knr. to £1 ... — 18.159 Copenhagen, knr. to £1 ... 19.20 18.159 Oslo, knr. to £1 19 7-16 18.159 Vienna, schgs. to £1- ... *27.50 34.585 Prague, knr. to £1 107.25 164.25 Helsingfors, inks, to £1 ... 228 193.23 Madrid, lies, to £1 39 1-16 25.225 Lisbon, esc. to £1 105.75 110 Athens, drach. to £1 ... 585 375 Belgrade, din. to £1 — 276.31 Bucharest, lei to £1 540 813.60 Warsaw, zloty to £1 Rio do J., p. to mil. ... — 43.38 *5i 16.70 B. Aires, p. to peso * 47.62 M. Video, p. to peso ... *30 51 Calcutta, p.' to rup 18 13-16 18 Shanghai, p. to tael 21-1-16 — Hong-Kong, p. to dol. ... 16 — Yokohama, p. to yen .1. 15 5-16 24.582 Batavia, gl. to £1 ‘Nominal. 7.965 12.107