COMMERCIAL

Northern Advocate, 5 March 1929, Page 8

COMMERCIAL

FROZEN MEAT,

The New Zcahi ml A [eat Producers' Board has received the following cablegram from its London office, dated March .1, advising Smith field delivered prices averaged for week ending that date* as follows: —

Mutton. —New Zealand wethers and maidens; Canterbury quality, selected brands, 561 b and under, 7d per lb; 571 bto Glib, G 3-Sd; Gslb to 721 b, (i.fd; -1711) to li-tlib, lijd; Gslb to 721 b, old. New Zealand ewes: (541 b and under, 4fd. Lamb. —Now Zealand; Canterbury quality, ."(51b and under, Old; 971 b to 421 b, 9 3-Sd; 431 b to 501 b, 9*d; seconds, 83d; selected brands, 361 b and under, Old; 371 b to 421 b, 9 3-8 d; other brands, first quality, 3HIb and under, 0 ,1-Sd; 371 b to 421 b, 9d; second quality, 301 b to 321 b, average 8 5-Bd. Aus-

tralian: Victorian, first quality, 351 b and under, Bfd; 371 b to 421 b, 8 l-Bd. Argentine: First quality, 361 b and under, 7 7-8 d; 371 b to 421 b, 7fd. Beef.—New Zealand: Ox hinds, sd; cow fores, 3;]d; hinds, 4jd. Argentine chilled: Ox fores, 4fd; hinds, GJd. Lamb: Consumption is improving steadily, but market weaker owing to heavier arrivals. Mutton: Market steadier, but trade slow. New Zealand beef: Market linn and stocks light. New Zealand porker pigs: Meeting good demand; stocks light. New Zealand baconer pigs: Market is quiet and steady.

DAIRY PRODUCE, THE BOARD’S REPORT. BUTTER SLOW; CHEESE FAIR. The Now Zealand Dairy Produce Board has received the following market report from its London office, dated March 1: — Butter.—New Zealand: Salted, 168/ to 172/; unsaited, 180/ to 182/; first whey, 164/; second whey, 162/. Deliveries, New Zealand, this week, 1850 tons. In store, 2850 tons. Australian: Salted, 168/ to 170/; unsalted, 174/ to 178/. Argentine: Finest unsalted, 168/ to .172/. Danish: F.0.b., 178/; split, 184/ to 186/. Dutch creamery: Unsalted, 198/ to 202/. Demand slow.. Now Zealand retail price reduced to 1/9. Danish retail price reduced to 1/10. '

Cheese.—New Zealand: White, 84/ to 85/; coloured, 90/ to 91/. Deliveries, Now Zealand, this -week, 32,000 crates. In store, 10,295 crates. Demand good after quiet opening. R-etail price unchanged. Canadian; White, 106/ to 112/; coloured, 106/ to 110/. Market steady. English: Finest farmers ’, 142/ to 144/. The Port Wellington finished discharging cheese on February 22, and finished discharging butter on February 23. The Taranaki finished discharging butter on February 22. The Kent commenced to discharge butter on February 25 ana finished on February 26. The vessel finished discharging cheese on February 28. The Rotorua commenced to discharge butter on February 25, and finished on February 27. The Rotorua finished discharging choose on February 28. The Tamiaroa. commenced to discharge cheese on February 25 and finished on February 27. The same vessel commenced to discharge butter on February 26. The Port Hardy commenced to discharge cheese on February 26, and finished on February 27. The vessel commenced to discharge butter on February 27.

The hoard has also received the following advice from its agents in Canada: —Butter: New York, 50 cents (2/1); Montreal, 42A cents (Is 9 3-8 d). Butter stocks, Montreal, 38,000 boxes (last year 68,000 boxes). The board has been advised with regard to f.o.b. sales of cheese that several factories have received offers of B;Jd, f.0.b., for t'he balance of the season’s make. This is equivalent approximately to 95/ per cwt. landed sale terms.