FROZEN MEAT TRADE.

Manawatu Standard, Volume LIV, Issue 284, 29 October 1934, Page 5

FROZEN MEAT TRADE.

LAMB IMARKET QUIET. INCREASING DEMAND FOR MUTTON. Lamb market: Quiet with prices slightly easier. Mutton markot: Slightly weaker, but demand increasing. Beef: Meeting with fair trade, but feeling competition low prices of Argentine chilled beef. New Zealand porker pigs: Trade slow. New Zealand liaeoner pigs: Nominal.

Tho above report was receivod on Saturday by the Meat Board from its London office, which advises that the following aro the approximate average prices realised for the week ended October 26, based on actual transactions of wholesale quantities of the descriptions of moat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield market and/or ex London stores. Prices for the two previous weeks are also shown: — New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes: 481 b to 561 b, 4|d (4|d, 43d); 571 bto 641 b, 4fd (4|d, 4|d); 651 bto 721 b, 4§d (43d, 4|d). North Island crossbred wethers and maiden ewes: 481 bto 561 b, 4§d (same); 571 b to 641 b, 43d (4|d, 4|d); 651 b to 721 b, 4§d (43d, 43d). Ewes: 481 b and under, 3§d (3|d, 3|d); 48lb to 641 b, 3id (3gd, S|d); 651 b to 721 b, 2|d (3d, 3Jd). New Zealand Lambs. —Canterbury: 361 b and under, 6gd (7d, 7d); 371 b to 421 b, 6Jd (6Jd, 6gd); 431 b to 501 b, s§d (sfd, 53d); second quality, average 321 b, 6id (6£d, 6gd). Other South Island brands: 361 b and under, 6Jd (6Jd, 7d); 371 bto 42 lb, 6Jd (6id, 6|d); 431 bto 50 lb, s§d (sfd, sfd). Selected North Island brand*: 361 b and under, 7£d (7gd, 7£d); 371 b to 421 b, 6jd (6gd, 6Jd); 431 b to 501 b, s§d (53d, 53d); second quality, average 321 b,

6£d (6£d, 6gd). Other North Island brands, first quality: 361 b and under, 6gd (6|d, 6|d); 371 b to 421 b, 6|d (63d, 6jd); second quality, average 321 b, 6£d (63d, 63db Australian lambs.—Victorian, first quality: 361 b and under, not quoted; 371 b to 421 b, not quoted. Argentine lambs (now season’s). —361 b and under, 6|d (same) ; 371 b to 421 b, 5Jd (6d, 6id). New Zealand beef.—Ox fores, 2gd (same) ; hinds, 33d (same); , cow fores and hinds, not quoted. Argentine chilled beef.—Ox fores, 3£d (same); hinds, 5d (s|d, 53d). Australian frozen beef. —Ox crops, over 1001 b, 2gd (same) ; hinds,- over 1601 b, 3-id (sarao). Now Zealand prime porker pigs.—6olb to 801 b, 63d (figd, 6gd); 811 bto 1001 b, 6gd (63d, 6gd); 1011 b to 1201 b, 6d (63d, 6§d). Now Zeaband baconcr pigs: 12u!b to 1601 b, 6gd (63d, 6id).

OTHER REPORTS.

STATE OF MARKET.

LONDON, Oct. 27. Australian sheep.—First quality, crossbred and/or Merino wethers, 40 to 651 b, 3gd; second quality, 30 to 551 b, 3fd; ewes, 30 to 551_b, 3§d. Argentine sheop.—First quality, crossbred wethers, 48 to 641 b, 4|d; 65 to 721 b, 3gd. . Patagonian sheep.—Wethers and/or maiden ewes, under 501 b, 33d. Australian lambs.—Other States than Victoria, first quality, 361 b and under, 63d; 37 to 421 b, 6id; other States, second quality, 361 b and under, 6fd; all States, third quality, average about 261 b, 6gd. Argentine lambs: First quality, 361 b and under, 63d; 37 to 421 b, 53d; second quality, average about 281 b, 63d. _ Australian pigs.—First quality, 60 to 100 lb, average about 801 b, 63d; 101 to 1201 b, 6d.

Tho market continues weak and indications are for lower prices, says a cable message received by Levin and Co., Ltd., from their London agents. Compared with the previous week’s quotations, down lambs, 361 b to 421 b, and crosbred lamb, 28lb to 361 b, £d per lb lower; wethers, 481 b and 561 b, and 641 b to 721 b, id per lb lower; ewes, id per lb lower; others unchanged. Smithfield “delivered” prices are quoted as follow: —North Island down lambs: 281 bto 361 b, 73d per lb; 361 bto 421 b, 6 3-4 d. Best North Island crossbred lambs; 281 bto 361 b, 6 7-8 d; 36_ib to 421 b, 6|d. North Island second quality lambs: Average 301 b to 311 b, fi^d. Best North Island wether sheep : Under 481 b, 4 7-8 d ; 481 b to 561 b, 4£d; 561 b to 641 b, 4 5-8 d; 64 lb to 721 b, 4 3-Bd. North Island ewes: Under 481 b, 3 5-8 d ! 481 b to 561 b, 3 3-8 d; 561 b to 641 b, 3id; 641 b to 721 b, 2 7-Bd. New Zealand prime ox beef: 1601 bto 2201 b, 23-4 d. , , , , The Bank of New Zealand (produce deparment) has received the following advice from its London office as at close of business last week: —Weaker values are ruling for wethers owing to lack of demand. The demand for ewes is moderate. There is a moderate demand for lambs and prices are a little lower. The demand for beef is affected by low prices of chilled beef. Wethers, light, 4 3-8 dto 4 7-8 d per lb; heavy, 4d to 4 3-8 d; ewes, 25-8 dto 3 5-Bd. Lambs, 2s, 6■ 3-4 dto 7d • B’s, 6 3-8 dto 6 5-8 d; 4s, 53d to 6 3-4 d; seconds, 6d to 63d. Beef : Ox hinds, 3d to 3 3-8 d; fores, 2£d to 2 3-Bd.