THE LONDON MARKETS.

New Zealand Herald, Volume LXV, Issue 20071, 8 October 1928, Page 7

THE LONDON MARKETS.

FROZEN MEAT. \ Australian and N.Z. Press Association. (Received October 7, 5.5 p.m.) LONDON, Oct. (5. Sheep. Canterbury, lifijlit, 7?;<1 > medium, 7 1-8(1; heavy, 6Jd; North Island, light,, 7 l-8d: medium, 7d; heavy, 62c1; New Zealand ewes, sj ! d; Australian, firsts and seconds, ewes, all sid ; Argentine, firsts, light, 6|d; medium, 5Jd; heavy, sjjd. Lambs. —Canterbury, seconds, 9£d ; other selocteds, light medium, 10 l-8d; North Island, seconds, 9 ( 3 ,d. Fro/en Beef. Australian hinds, 4 15-16 d. Chilled Beef.—Argentine, fores, 4;] d; hinds, 6Jj(l. COTTON, RUBBER, HEMP, ETC. (Last week's prices in parentheses.) Cotton. November delivery, 9.85(1 (9.95 d) per lb. Rubber.—Para, 10»d (lOJd) per lb.; plantation and smoked, 8 11-16(1 (B^< 1) per lb. Jute. September-October shipments, £29 (£32 ss) per ton. Hemp.—July-September shipments, £32 (£32) per ton. Copra. October-November shipments, £24 12s 6d (£24 17s 6d) per ton. Linseed Oil.— £3O (£29 15s) per ton. Turpentine.—42s 6d (42s 6d) per cwt. HIDES. The hides market is demoralised and no business is passing. Quotations at present would be useless. LONDON DAIRY PRICES. / riIODUCE BOARD'S REPORT. [l;y TELEGRAPH. —OWN CORRESPONDENT.] WELLINGTON, Sunday. The New Zealand Dairy Produce Board has received the following market report from its London office, dated October 5, prices for last week being given in parentheses : Butter.—New Zealand: Salted, 178s to 184s, exceptionally, ls6s (180s io 186s); unsalted, 186s to 196s (186s to 1965); first grade whey, 164s (1665); second grade whey, 160s (1625). Deliveries of New Zealand this week, 555 tons. In stoic, 3700 tons. Australian: Finest salted, ,166s to 172s (168s to 1745). Argentine: Finest unsalted. 176s to 180s, exceptionally, 182s (176s to 182s). Irish creamery: Salted, 174s to 176s (176s to 178s); unsalted, 178s to 180s (184s). Danish: Spot, 195s to 1965, up to 193s (195s to 1965); f.0.b., 190s to 191s (ICOs to 191s). Dutch: Unsalted, 188s to 192s (192s to 1945). Siberian: 160s to 162s (160s to 1625). Ukrainian: 162s to 166s (164s to 168s). Polish: 1545. Lithuanian: 160s. The market is slow, and the New Zealand retail price unchanged at Is 10(1. The Danish retail price is reduced to Is lid. Cheese—New Zealand white, 112s to 113s, up to 114s (114s); coloured, 110s to Ills, up to 112s (Ills to 112s). Deliveries New Zealand this week, 4850 ciatcs. In store, 31.000 crates. Canadian: Whito, 110s to 114s (112s to 114s); coloured, 110s to 112s (Ills to 114s); c.i.f., 106s to 107s (1125).. Australian: White, 110s (110s to 112s); coloured, 108s to 110s (108s to 110s). Market quiet and retail prices unchanged. English: Finest farmers', 334s to 138s. Market firm. The Taranaki finished discharge of butter on September 28, and the Rotorua finished discharge of butter on October 2. The To Koa commenced to discharge butter on October 4. The estimated stocks of all butters in Great Biitain at October 1 were 10,360 tons, compared with 14,760 tons last year. The estimated stocks oi' cheese at London, Liverpool and Bristol at October 1 were: New Zealand and Australian: 39,500 nates; last year, 47,000 crates. Canadian: 182.000 boxes; last year, 168,300 boxes. Cheese sales, f.0.b., have been made for lip to the end of December make at 9 9-16 d, and for whole season at 9ld. LONDON MEAT MARKET. PRICES AT SMITHFTELD. The New Zealand Meat Producers' Board has received the following cablegram from its London office, dated October 5, advising Smithfield delivered juices averaged for the week ending at that date as follows: — New Zealand Wethers and Maidens. — Canterbury quality, selected -brands, 561b and under, 7j}d per II); 571b to 641b, 651b to 721b, 6Jd Other brands, 561b aiul under, 7„d; 571b to 641b, 7d; 651b to 721b. 63d. New Zealand Ewes.—64lb and under, 52d. New Zealand Lambs.—Canterbury quality, 361b and under, lOJd; 431b to 5011., seconds, 9gd. Selected brands, 361b and under, 371b to 421b, lOtfd. Other brands, first quality, 361b and under, lOd; 371b to 421b, lOd; second quality, 301b to 321b. average, 9gd. Now Zealand Boof. —Ox fores, 4d; hinds, 5^(1; cow fores, 3»}d; hinds, sd. Argentine Chilled Beef.—Ox fores, 4jjd; hinds, 6§d. Frozen Pork.—Porkers, 601b to 801b, 7,] d; 811b to 991b. baconers, 1211b to 1801b, 7>]d. Lamb and Mutton. —The market is dull and depressed by heavy patchings of Home-killed meat. Beef. —The market is quiet, but steady. New Zealand Porker Pigs.—The market is easier owing to heavier supplies of Home-killed. Now Zealand Baconer Pigs.—Stocks are exhausted. Nominal prices. SOUTH AMERICAN MEAT. [BY TELEGRAPH. —OWN CORRESPONDENT. ,1 WELLINGTON. Sunday The New Zealand Meat Producers' Board has received a cablegram from its representative at Buenos Aires, South America, advising the following shipments to the United Kingdom for the fortnight ended September 27, from the Argentine and Uruguay.—2so,o6o quarters of chilled beef and 3028 quarters frozen beef; 83,200 carcases of frozen mutton and 92,906 car eases of frozen lamb. The quantity shipped to (he Continent of Europe during the same period was as follows: 72,338 quarters of frozen beef, 13,141 car cases of frozen mutton, and 1270 carcases of frozen lamb. CHICAGO WHEAT MARKET. Australian unci N.Z. Press Association. (Received October 7, 5.5 p.lit.) CHICAGO. Oct. 0. Wheat. —December, ]. dollar 19£ cents per bushel; March, 1 dollar 24 cents; May, 1 dollar 261, cents. PRODUCE AT PUKEKOHE. [TIY< TEEEC.It A PH.—OWf) CORRESPONDENT.! PUKEKOHE, Sunday. The Franklin Farmors' Auctioneering Company, Limited, Pukckohc, reports: At tho weekly salo at their mart, small weancr piss sold at Bs, and heavy weaners at 15s to 'its. Poultry was penned in averago numbers, and prices snowed an advance on rates at preceding sale 3, hens realising 2s (Id to 3s fid, ducks 2s 4d to •Is, and a hen and ducklings Ms Cd. Vegetables wero in fair supply, but did not lill the demand, which was* very keen. Cabbages brought 2s (id to 4s a do?,en, cauliflowers, -Is lo 5s a dozen; carrots, Is to Is Hd a dozen bundles; parsnips, Is Hd lo lis a dozen' bundles; new potatoes, small, 2d a lb; onions, -Id a lb; leeks, 7s a dozen bundles; and pumpkins, about 1 2d a lb. In fruit, Sturmer apples sold at 10s a case: Delicious apples, at Gs; other' varieties of apples, at Os to fls Gd; orfungos, at Is to Is (id a dozen: and lemons, at a Is, a dozen. A now line, cut flowei'3, \va3 entered but did not ecll readily.