COMMERCIAL

Nelson Evening Mail, Volume LXI, 29 October 1928, Page 8

COMMERCIAL

MEAT BOARD’S ADVICE

The New Zealand Meat •producers’ : Board has received (ho following cable from its.. Loudon Office, dated 26th October, 1028, advising Sniithfield delivered prices per lb. averaged for week ending that dale as follows: Now Zealand wethers and maidens.— Canterbury finality, selected brands, 56/under 7d, 57/64 7d, 65/72 6;p'l ; other brands, 56/uudcr 6Jd, 57/64 6;]d, 65/72 6/,d. Now'Zealand ewes, 64/iindcf 4|d,\ New Zealand lambs, Canterbury quality, 36/under 10^1. 37/42 seconds 9d: selected brands, 36/under lOrl, 37/42 lOd. Oilier /brands, Ist quality, 36/under 9j}ci, 37/42 9|d; 2nd quality, 30/32 average 9d. New Zealand beef. —Ox fores 4d, binds 5d ; cow fores 3Ad, hinds 4gd. Frozen pork.—Porkers, 60/801bs 7/d, 81/991bs 7£d, 100/1201 bs '7-^1; baconcrs, 121-1801 bs 7'd. Lamb.—Market is depressed owing to heavy supplies Home killed and muggy weather.

Mutton.—Market is slow. Beef.—Market weak owing to large stocks Australian. _ New Zealand porker pigs.—Unsuitable weather limiting demand, also owing to heavy pitchings of Homo killed.

DAIRY PRODUCE BOARD

The Now Zealand Dairy Produce Board has received the following market report from its London office dated 26th October; — Butler..—New Zealand salted 176 s to 182 s, unsalted 186 s to 1925, Ist whey 160 s, 2nd whey 1565. Deliveries New Zealand this week 650 tons. In store New Zealand this week 2250 tons. Danish 194 s to 196 s spot, 190 s f.o.b. Market quiet. Retail prices unchanged. Cheese.—New Zealand white, 109 s to 110 s, coloured 107 s lu ,109 s. /Deliveries New Zealand this week 5950 Crates.- In store New Zealand this week. 20,500 crates. Market quiet; retail prices unchanged. English’ finest farmers’ 138 s to 140 s. The Board has also received the following advice from its agents in Canada :—Butter, New York, 48 cents (2s); Montreal 39 cents (Is 7id).

SHEEPSKIN.. HIDE AND TALLOW REPORT

Messrs Dalgety and Co., Ltd., report: Wo held our fortnightly sale of sheepskins. Hides, tallow and sundries at Wellington on Friday at the Dominion Farmers’ Institute. Good average sized catalogues of all classes were submitted to n full representation of buyers. Sheepskins.—The market lacked coin-' petition and prices for all descriptions were J,d to Id per lb lower on previous quotations. The-London sales held yesterday have reported a decline and this was reflected at our sale to-day. Salted skins were firm at late rates with an occasional vise,. Hides.—Fair sized catalogues were offered. Consequent on unfavourable reports from overseas, bidding was not keen and weaker demand was mot with. We quote lieiivies $d to /.d per lb lower, medium id to id lower, while lights ruled at par. Kips were iq better demand and showed a slight rise on lastquotations. Yearlings were weaker by >d- to id. Calf were in request and weights 1-5 lbs sold at pav, 6-8 lbs being Id lower.

Tnllow.—-Strong demand at late rates. Tlie following is the range of prices : Sheepskins.—Halfbred 13§cl to 14jjd, fine crossbred 13gd to 14|d, medium crossbred to 12fd, coarse crossbred liJ,c! to 12d, half-wools 9d to 11-id, quar-ter-wools 84cl to 9id, pelts 6d to lOd, pelts salted 2s id to 4s 2d, quarter-wools salted 5s sd, half-wools 6s 6d to 8s 3d, three-quarter wools salted 8s 7d to 11s Id, full wools 10s to 12s lid, extra largo 13s 2d, lambs 2s lOd to 3s 2d. ' Hides.—Ox, 33-44Ibs 7g-cl to 9id, 45-52 7fd to 8j)cl, 53-59/8d to 9|d, 60-69 9|d to lOid, 70 and bvcfeOid to 9Sd; cow, 33-39 6d to 9LI, 40-48 sgcl to 9cl, 49'and over 61x1 to Bgd; kip y 25-32 6£d to Hid, 17-24 eU to ll§d; yearling, 11-16 lOgcl to llid; calf 6-8 17£d .to 18d,. 1-5 9rl to 173 d. . . Tallow.—ln casks 28s to 31s; in tins, etc., 24s 6d to-28s 6cl. Sundries. —Cow tdils 17d to 19d. Messrs Dalgety arid Company report having received the following cable dated London,' 26th October:—

LONDON MARKETS f-

Messrs Dalgety ' and Company report having received the following cabled advice, dated London, 25th October: — Lamb and mutton —Market unchanged. Beef —Market weak. Prices id to gd lower. Pork—Market weak. Prices id lower.

' Butter—Market very dull. We quote: Danish, 188 sto 190 s (186 sto 188;3); N.Z. finest salted 176 s to 184 s (176 s to 184 s) p Aust, finest unsalted 184 s to 186 s (186 s to 188sl, salted 164 s to 170 s (164 s to 170 s) g.a.q., 156 s to 162 s (158 s to 1625). Cheese—Market very dull. We quote:) Aust. cheese white and coloured 106 s to 108 s (107 s to 109 s); N.Z. cheese white and coloured 108 s to 109 s (107 s to 108 s) spot price for Canadian white 109 s to. 112 s (109 sto llOs); spot price for Canadian coloured 108 s to 110 s (109 s to 110 s); c.i.f. price for Canadian 103 sto 105 s (106 s to 108 s). Tallow—Owing to scarcity of supplies 'here will be no public sales next week. Sheepskin sales.—Offered 5830 bales, sold 2825. As compared . with closing rates of last series. Merino combing 10 ,pot' cent, lower, fine crossbred combing fully 10 per cent, lower when sold, clothing 5 per cent, .to 7A- per cent, lower, medium and coarse" crossbred practically -po demand, bids on average 15 per cent, lower, lambs lb per cent, to 10 per cent; lower. The following is the range of prices: Merino), three-quarter to full woolled 13Ad to 15d, , quarter and lialfwoolled lOd to ligd; short and shorn 7-1 d to 9gd; crossbred, three-quarter to full-woolled fine to medium and coarse IOJ/d tol4/,d, quarter to .halfwool led/" fine lOd to 15d, medium and coarse 9d to 12Ad, short and shorn B/J to 12Jd; lambs llgd to Quotations largely nominal for crossbred medium and coarse. ’