FROZEN MEAT.

Manawatu Standard, Volume LIV, Issue 110, 9 April 1934, Page 5

FROZEN MEAT.

LAMB PRICES EASE SLIGHTLY. MUTTON AND BEEF SLOW. Lamb prices shade easier,. owing to buyers having filled immediate requirements, but tone of market good and consumption satisfactory. Mutton market: Wethers, trade slow and prices slightly easier except for lightweights. Ewes meeting with fair demand. Beef market: Demand quiet owing to continued low prices Argentina chilled beef. N.Z. porker pigs: Meeting with good trado but at lower prices. N.Z. baconer pigs: Demand steady for small supplies available. Tho above weekly report was received by the Meat Board from its London office, which advises that the following aro the approximate average prices realised for tho week ended April 5, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and aro for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield market and/or ox London stores. Prices for tho two previous weeks are also shown:—

ns N.Z. sheep.—Canterbury and North Island selected crossbred wethers and maier den owos, 48-56, sgd (same) ; 57-64, 4|d he (sd, sd); 65-72, 4*d (4gd, 43d); North Island crossbred wethers and maiden ewes, 2. 48-56, s|d (same) ; 57-64, 4£d (sd, sd); is. 65-72 4jjd (4id, 4ijd) ; ewes, 48-undcr, 4sd 98 (4Jd, 4RI) ; 48-64, 3gd (3|d, 3Jd); 65-72, 47 Sid (3id, 3|d). 91 N.Z. lambs. —Canterbury, 36-undcr, 7jd 25 (same) ; 37-42, 7£d (same) ; 43-50, 6|d (63d, ~ 6|d) ; second quality, average 32, 7d (7gd, 31 7jd) ; other South Island brands, 36-under, - 7gd (7£d, 7id); 37-42, 7d (7R 7*d); 43-50, 15 6gd (63d,- 63d) ; selected North Island " brands, 36-under, 7(>d (7jd, 7jd) ; 37-42, 7id 6 (7R 7id) ; 43-50, 6|d (63d, 63d) ; second quality, average 32, (same) : other )5 North Island brands, first quality, 36-under, £ 7RI (7|d, 7RI) ; 37-42, 7d (same) : second quality, average, 32, 7d (7R 7gd). 6 Australian lambs. —Victoria, first quality, 36-undcr, 6j|d (same) ; 37-42, 6jjd 1 (same). .. Argentine lambs.—First quality, 36-under, ’ 6jd (same); 37-42, 6Jd (same). “ N.Z. beef.—Ox fores, 2£d (2|d, 2*d) ; J? hinds, 3gd (same) ; cow fores and hinds, j not quoted. 1 Argentine chilled beef.—Ox fores, 3|d (3gd, 3id) ; binds, 4|d (same). 1 Australian frozen beef.—Ox crops, over 1 100, 2jd (same) ; hinds, over 160, 3§d , (3id. 3id)._ " N.Z. prime porker pigs.—60-80. SRI A (s|d, sid) ; 81-100, bid (SRI, SRI) ; 101-120, c sgd (sid, SRI) ; N.Z. baconer pigs, 120g 160, 6d (same). 0 OTHER REPORTS. 4 - A QUIET MARKET. 1 LONDON, April 7. 2 Australian sheep.—First quality cross--4 bred and/or Merino wethers, 401 b to 651 b, ~ 4id; second quality, 301 b to 551 b, 4R 1 9 Argentmo sheep.—First quality cross- “ bred wethers, 651 b to 721 b, 4id. i 4 Australian pigs.—First quality, 601 bto 1001 b, average about 801 b sid; 1011 b to 1201 b, Ojd. Tho market is quiet and shows a weakening tendency all round, says a report received by Levin and Co., Ltd., from their London agents. Compared with previous week’s quotations, lamb is uny changed. Wethers, 48-561 b and 64-7211), s id per lb lower; 56-6411), id per lb lower. I Ewes, 56-721 b, id per lb lower. Others un--3 changed. Smithfield “delivered” prices aro J quoted as follow: —North Island Down - lambs, 28-361 b, 7|d per lb; 36-421 b, 71(1; 0 best North Island crossbred lambs, 28-361 L), x 7jd; 36-421 b, 7/d; North Island second - quality lambs, average 30-311 b, 7|d; best t North Island wether sheep, under 481 b, s sjd; 48-5611), sfd; 56-641 b, 43d; 64-721 b, 4|d; s North Island owes, under 481 b, 4jd; 48-561 b, B 3|d; 56 641 b, 3§d; 64-7211), 3d. New Zca--1 land prime ox beef, 160-22011), 2|d. 1 The Bank of New Zealand (produce r department) has received the following 1 r advice from its London office as at. close 1 of business last week: l —Trade in wether , mutton is slow. There is a fair demand - for owes. The demand for lambs is not - quite so good, and tho market is rather easier, but no material change is antici- - pated. The demand and prices for beef r aro steady. Trade generally is quiet. - Wethers, light, 4|d to sjd per lb: heavy, c 4£d to 4id; ewes, 23d to 4RI; lambs, 2's, 1 7|d to 7|d; B’s, 6|d to 7R 4's, 6|d to , 6|d; seconds, 7d to 7|d. Beef, ox hinds, , 2|d to 3gd; fores, 2d to 2|d. ; SYDNEY STOCK EXCHANGE. J SHARP RISE IN TIN SHARES. ! SYDNEY, April 7. j On the Sydney Stock Exchange to-day ( thcro was a strong, active market. Thero ' was a heavy turnover in tin mining ' shares, at a sharp advance. , Sales included: Commonwealth bonds, ; 4 per cent., 1938, £lO5 ss; 1941, £lO6 ss: ; 1944, £108; 1947, £lO6 11s 3d; 1950, £lO7 10s; 1953, £lO7 17s 6d; 1955, £108; 1961, £lO7 15s. . Commercial Bank of Sydney. £l7 18s; ; Union Bank of Australia, £lO ss; Tooths, , 435; Associated News, 22s 9d; British Tobacco, 37s 7Jd; Colonial Sugar, £65 15s; Dunlop Pcrdriau, 19s 9d; Lustre Hosiery, 24s 3d; Meggits, 21s 6d. New Guinea Goldfields, 7s 7d; Bulolo, , 140 s 6d, 141 s; Paringa, 4s 3d; Rawang Till, 9s Id; ditto, six weeks, 9s Id MELBOURNE, April 7. Sales on tho Melbourne (I took Exchange to-day included: Commercial Bank of Australia, £9 12s; British Tobacco, 37s 6d ; Dunlops, 19s 8d; Zinc Corporation, 39s 3d; Taranaki Oil, Is lOd and Is Bd. GOVERNMENT STOCKS. , LONDON, April 5. Quotations of Government stocks on the London Stock Exchange compare with those of a week ago as follow: Varia- I Prieo. tion. £sd s d

Consols, 24 p.c. 81 0 0 10 Ot Fund. Loan, 4, 1960-90 113 0 0 10 Of War Loan, 3A, after 1952 104 5 0 5 Of Conv. Loan, 34 p.c. ... . 103 5 0 3 9+ Victory Bonds, 4 p.c. . O’wealth, 5, 1945-75 . . 110 17 6 Same . Ill 2 0 1 3+ C’wealth, 6 1931-41 ., .. 103 10 0 1 3* C’wealth, 34, 1937 ,xl01 8 9 35 0* Victoria, 3, 1929-49 .... .. 95 6 3 8 9+ Victoria, 34, 1929-49 . .. 99 8 9 3 9+ Victoria, 5, 1932-42 .. 100 6 3 2 6* Victoria, 4J, 1940-60 . . 107 7 6 7 6+ N.S.W.. 3, 1935 . 101 7 6 3 9+ N.S.W., 34, 1930-50 .... . 99 13 9 6 3t Q’land, 5, 1940-60 . 107 7 6 7 6+ Q'land, 3, 1922-47 . 95 15 0 10 Ot N.Z., 44, 1943-58 . 107 8 9 1 3+ N.Z., 34, 1945 . 102 2 6 1 3+ N.Z., 3, 1945 . 97 0 0 1 3* N.Z., 6, 1936-51 . 107 6 3 3 9+ S. Aust., 34, 1939 . 102 6 3 1 3+ S. Aust., 3, 1916 or after 85 0 0 10 0* Tnsni., 34, 1920-40 . 102 2 6 10 Ot Tasm. 3, 1920-40 . 99 0 0 Same W. Aust., 34, 1920-35... xlDO 13 9 28 9* W. Aust., 3, 1915-35 ... xlOO 10 0 28 9* t Higher. *I,ower. xEx interest.