THE LONDON MARKETS.

New Zealand Herald, Volume LXVIII, Issue 20977, 14 September 1931, Page 5

THE LONDON MARKETS.

FROZEN MEAT. (Received September 13, 5.5 p.m.) LONDON, Sept. 12. The weekly quotations for the undermentioned classes of frozen meat are based on actual sales of wholesale quantities of carcases of mutton or lamb, or of quarters of beef delivered to Smithfield market and/or London stores. They are compiled by the Quotations Committee, Smithfield. To arrive at the equivalent ex ship values, one farthing per pound should be deducted from the prices quoted below. Quotations given represent tho average for the week and are not selected lines, but for parcels fairly representative of tho bulk of shipments now on offer. New Zealand Frozen Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481b. to 561b., 5Jd; 571b. to 641b., s^d; 651b. to 721b., sd; North Island crossbred wethers and maiden ewes, 481b. to 561b., sjd ; 571b. to 641b., sgd; 651b. to 721b., 4fd; ewes, under 481b., 4|d; 481b. to 641b., 4Jd; 651b. to 721b., 3£d. Australian Sheep.—First quality crossbreds and/or Merino wethers, 401b. to 651b., 4jd; 301b. to 551b., 4£d; ewes, 301b. to 551b., 4|d. Argentine Sheep.—First quality crossbred wethers, 481b. to 641b., sd; 651b. to 721b., 4id; over 721b., none offering. Patagonian Sheep.—Wethers, and/or maiden ewes under 501b., sd; 501b. to 601b., 4Ad ; ewes, 401b. to 501b., none offering.

New Zealand Lambs.—Canterbury, 361b. and under. B|d; 371b. to 421b., 8d; 431b. to 501b., 7gd; second quality, average 301b., 3J,d; other South Island brands, 361b. and under, B|d: 371b. to 421b., 8d: 431b. to 501b., 7d; selected North Island brands, including Downs, 361b. ■ and under, B|jd; 371b. to 421b., B^d; 431b. to 501b., 7&(1; second quality, average 301b., Bid; other North Island brands, first quality, 361b. and under, 8§cl; 371b. to 421b.,*8]d; second quality, average 301b., SidAustralian Lambs. Victorian, first quality, 361b. and under, 7|d; 371b. to 421b., 6£d; other States, first quality, 361b. and under, 7d; 371b. to 421b., 7d; Victorian, second quality, 361b. and under, 6£d; other States, second quality, 361b. and under, 7gd; all States, third quality, 7d. * Argentine Lambs.—First quality, 361b. and under, none offering; 371b. to 421b., none offering; second quality, average 301b., none offering. Uruguayan Lambs.—First quality, 361b. and under, none offering; second quality, 371b. to 421b., none offering; third quality, average 301b., none offering. ,New Zealand Frozen Beef.—Ox fores, 1601b. to 2201b., 2^d; ox hinds, 4^d. Australian Frozen Beef.—Ox crops, under 1001b., 2£d; over 1001b., 2JdJ ox hinds, under 16011)., 4d: over 1601b., 4£d. Argentine Chilled Beef.—Ox fores, 16011). to 2201b., 33d: ox binds. 1501b. to 2201b., 73d. New Zealand Pigs.—First quality. 601b. to 1001b., average 901b., 6£d; 1011b. to 1201b., 6Jd. Australian Pigs.—First quality, 601b. to 10011•., average 901b., 6',d: 1011b. to 12011)., 6Jd. All other sorts are unchanged. COTTON, RUBBER, JUTE, ETC. (Last week's prices in parentheses.) Cotton.—October delivery, 3.57(1 (3.59 d) per lb. Rubber.—Para, 3jd per lb; plantation and smoked, 27-16 d (2jd) per !b. Jute. September-October shipments, £l7 (£l6 ss) per ton. Hemp.—Quiet; August-October shipments, £l9. Copra.—Sept ember-October shipments, South Sea, £lO 12s 6d (ClO ss) per ton; plantation, Italian), £lO 15s (£lO 7s 6d) per ton. Linseed Oil.— £l4 10s (£l4 ss) per ton. Turpentine.—47s (475) per cwt.

The Bank of New Zealand lias received tho following advice from its London office as at tho closo of business Inst week: —The market for wethers is quiet, and unchanged. The market for ewes is slow. There is a weaker tendency in the. prices for lambs. Prices are maintained with difficulty. Trade goner-, ally is slow and is affected by heavy supplies of fresh meat. Quotations: Wethers, light, s]d to 6d per lb.; wethers, heavy, 4d to 4£d; ewes, to 4^d; lambs, twos, B.}d to B|d; eights, 7Jd to 8 1-Od; fours, 7d to 7ad; seconds, to

WAIHOU STOCK SALE. The Farmers' Co-operative Auctioneering Company, Limited, report:—At Waihou stock sale on Friday only a piedium yarding of cattle came forward. Beef sold at usual ruling rates, with two-year-old heifers and younc empty sound cows in Kood demand. Only a -.mall entry of dairy cattle was penned, nnd lacked quality. A few pens of sheep sold at lafe rates A total of 500 pigs of nil classes came forward, consisting mainly of storeß and wearers. The fat pigs were mostly unfinished lots, but a clearance of all was effected under good competition. Values throughout for stores and weaners remained firm, nnd a total clearance was made. Quotations: Fat ewes, 12s lid; fat hoggets. 15s; owes with lambs at foot, lis 10(1 to 13s 4d. Beef: Heavy fat cows, £G 15s to £7 10s; medium fat cows, £5 2a fid to £0; lighter. £1 to £4 12s; killable, £3 2s fid to £3 16s; forward conditioned, £2 2s to £2 ISs; stores, 23s to ;ils: honors, tis to 15s; two-year empty heifers, £2 2s to £2 15s; young empty sound cows, 33s to £2 Us. Dnirys: Jersey heifers. i' 75s to £7 15s; Jersey and Jnsoy-cross heifer. l , ('•> to £5 15s. Pins: bight and medium Imconers. £2 8s (o £2 15s; medium porkers, £2 to £2 (is; light porkers, 33s to 3Sb; gooil stoics, 2Sn to 3fis; small stores. 22s to 2Gs; slips, ISs to 235; best weaners, 17s fid lo 225; smaller weanew, 12s 6d to 16s; small weaners, 9s to lis; sow® ia pig, to £2 18s.