COMMERCIAL.

New Zealand Herald, Volume LX, Issue 18334, 26 February 1923, Page 5

COMMERCIAL.

THE LONDON MARKETS. Australian and NJS- Cable Association. (Reed. 4.5 p.m.) LONDON. Feb. 24. FROZEN MEAT. —Australian, firsts 6{d, seconds 6}d; ewes, 6d; Argentine, light 7Jd, heavy 7d- ewes, 61d. Lambs.— Island, seconds Hid; Australian, seconds 9d, thirds Bd. Frozen —New Zealand, fores SJd; Argentine, fores SJd, hinds- sjd. Chilled Beef.—Argentine, hinds 64d; Uruguay, feres Sid; others unchanged.

Copra, hemp, rubber, etc. (Last week's prices in parentheses.) Cotton.—March, 15.91 d (15.51 d). Rubber.Para, Is 4}d (la sd); plantation, Is 61d (Is Sid); smoked, Is sld (Is 5Jd). Jute.—February-March, £32 (£33 15s). February-April, £33 (£33). Copra.—February- £26 12s 6d (£26 15s). Linseed 0i1.—£42 (£4O 10s). Turpentine, £5 18a (£5 4s 6d). WHEAT. . i Following American weakness wheat car* • goes declined, though there was some in--1 quiry from the Continent. Parcels are in fair request. Quotations declined sixpence to 1 ninepence. Ceramic's parcels sold at Liver- » pool for 48s 6d. COMPARATIVE. RAM PRICES. [bt telegraph.— association.) MASTERTON. Sunday. At the Masterton ram fair 1558 rams were sold.. by auction' at arv' aggregate price of i £16,135. The average prices compared as i follows with thoso for 1922, the latter being given in parentheses:Bomney flock, £10 (£4); stud, '£30 (£18); Lincoln flock. £4 (£2); atud, £13 (£11); Southdown flock, £10 15s (£11); stud. £36 (£24) Leicesters, £7 (£4 10s). .! The 840 guineas paid for a Romney ram ; was exceeded in 1919 when three Penrose ' j rams sold for 365, 350 and 330 guineas. 1 ~ FROZEN MEAT QUOTATIONS. M. A. Eliott. Ltd., Falmerston North, have received cablo advice from Messrs. Gilbert Anderson and Co., Ltd., London, of the following Smithfield prices for the week '. ending February 23, 1923. prices being on ' the 'delivered" basis, that is. including storage charges, cartage, etc.: North Island ' prime Down lambs, under 361b., 181 d: 38 to 421b.. 13} d; 42 to 501b., 13d, Best North ' Island crossbred lambs, under 421b., 12td. ' Ordinary North Island lambs, under 421b., " 1213; second quality, under 421b., Hid. Best North Island wethers or maiden ewes, ' 48 to 561b., 9|d: 66 to 641b-. 91d; 64 to 721b., 8Id; ordinary. 48 to 561b., 9Jd; 66 to 641b„ B}d; 64 to 721b., B|d. North Island ewes, under 641b-, 7|d; 64 to 721b., 7d; over 721b., 6fd. New Zealand prime ox beef ■ (equal fores and hinds), 160 to 2201b., 4id. , North Island prime lambs show no change ■S in prices; second quality lambs, Id lower; '■ wethers and ewes, par to id lower; beef, , j no < rjhange. There is no demand for second I quality lamb-