FROZEN MEAT MARKET

Nelson Evening Mail, Volume LXIV, 24 March 1930, Page 10

FROZEN MEAT MARKET

Messrs Levin and Co. Ltd., have received the following cable from their London agents, dated 21st March, 1930: Frozen meat quotations (prices on a "delivered" basis, i.e., including storage charges, cartage, market tolls, etc.) — Lambs—North Island Down, 28/36 9 l-8d per lb; 36/42 8 7-8 d ; best North Island crossbred, -28/36 8 7-8 d; 36/42 8 5-Sdj North Island 2nd Quality, 30/3] 8 5-Bd. Sheep—Best' North Island wether, under/48 7Jd; 48/56 7d; 56/64 6|d; 64/72 Ewes—North Island. under/48 6LI; 48/56 6d; 36/64 53d; 64/72 5J,d. New Zealand prime ox beef, 160/220, none offering. As compared with last week's quotations. North Island Down lamb and best North Island crossbred lamb is l-8d per lb lower. North Island second quality is l-8d per lb higher. Best Nortli "Island wethers, under 48Ibs £d per lb lower, 48/56 and 56/64 3-8 d per lb lower. North Island ewes, under 641bs £<l per lb lower, 64/72 id per lb lower. The spot market for lamb is weaker, particularly heavy weights, the apparent accumulations influencing the situation. The mutton market is weaker with continued reductions in prices. EXCHANGE RATES 'United Press Association—By Electrio Telegraph—Copyright) (Received 24th March, 10.40 a.m.) SYDNEY, 23rd March. From to-morrow the charge for telegraphic transfers, Sydney to London, will bo 122 s 6d per cent., one of the highest rates recorded, and the selling rate 130 s. • The increase has been made in continuance of the movement to check the drain on London credits.

SYDNEY STOCK EXCHANGE (Received 24th March. 10.30 a.m.) SYDNEY, This Day. The Sydney Stock Exchange was brisker during the week-end. The turnover was larger and prices were firmer, tending to recover some of the ground lost on the previous two or three days. AUSTRALIAN WINE BOUNTY CANBERRA, This Day. The Federal Ministry has decided to grant a further 9d a gallon bounty on fortified wine for export, making a total of 21d.