QUOTATIONS FOR WHEAT

New Zealand Herald, Volume LXXI, Issue 21913, 24 September 1934, Page 5

QUOTATIONS FOR WHEAT

LONDON AND LIVERPOOL P FUTURES IN AMERICA (Received September 23, 5.5 p.m.) LONDON, Sept. 22 Wheat. —Cargoes are dull. Sellers of Manitobas are conceding ljd. Australians and River Plates are in free supply at 3d to 6d down. Buyers are still reserved. Parcels are inactive. Manitobas are ljd to 4Jd down and Australians unchanged to 3d down. River Plates are 4Jd down. Futures.— London: February, 23s 10Jd a quarter; April, 24s .'id. Liverpool: October, 5s 3«d a cental; December, 5s 7id; March, 5s lOJtl; May, 5s lljd. (Received September 23, 5.5 p.m.) CHICAGO, Sept. 22 Wheat. —September and December, each 1 dollar 4 cents a bushel; May, 1 dollar 4i cents. The New York price for cash is 1 dollar cents. MEAT IN LONDON FROZEN AND CHILLED SMITHFIELD QUOTATIONS (Received September 23, 5.5 p.m.) LONDON. Sept. 22 Following are tho latest quotations for frozen and chilled meat, with those of the previous week for comparison:— FROZEN MUTTON Sept. 15 Sept. 22 New Zealand— <1 d Wethers iind Maiden Ewes: Canterbury and North Island, selected: 48-501 b. . . • • • • 5% 5' a 57-154 lb 5% 5% 05-7211) 5 5 North Island: 48-5011). .. it •• 57-04lb. .. • < .. s'/i 5V< 05- 721b. .. .i . • 5 5 Ewes: Under 48lb 4% 4% 48-04 lb .. 3% •')'« fio-72'.b 3/a Aust nil i an— Wethers: First. 40-551b. .. .. 4 3. a Second. 35-551b. .. . • 4% 4 Ewes, 30-351b. .. •• 3% 3'l Areent inc— Wethers: First, 48 0511). .. ..5 5 First. 05-721 b 4% 4% Pntagonian— Wethers or Maiden Ewes: Under 501b. . . ■ - 4'2 4% 50-001 b 4/4 4Vi FROZEN LAMB New Zealand Canterbury: / 3filb. and under .. .. 7% '_« 37-421b r "a Second, about 30lb. .. G.-j Other South Islund: 301 b. and under .. .. "** 1 * 37-421 b V" 43-501 b. .. .. 6/a 0 North Island, selected: 361b. and under .. .. <_■« 37-421 b fi -,« f '/» 43-50lb. .. •• •' Second, about 80lb. . . t>/a o,g North Island, other: First. 301 b. and under .. 7 7 First. 37-421K . . .. Second, about 301b. .. 0/j i>, 3 Australian— Victorian: , ... . First. 30lh. and under . . 6/i b First. 37-421b. . . • • r ''/e f Second, 30lb. and under 0 oU Other States: First, 301 b. and under .. 0/ 4 b First. 37-121 b r > Second, 30lb. and under 5/ 4 0/4 All States: Third, about 2(>lb. • • 6 /4 C/ 4 Argentine— First, 361b. and under . . (>/• i>/4 First. 37-«lb. .. •• <■% 6 Second, about 30lb. •• k .* FROZEN OX BEEF New Zealand— Fores, 100-200lb 2 3 /„ 2% Hinds. 100-22011) 3' 2 3/ a Australian— Crops, lOnlb. and under 2% 2, ? Over 1001b. . . • • 2% 2% Hinds, 1001b. and under 3% 3., Over IGOlb. • . . • 3 1 / a 3/2 CHILLED OX BEEF Argentine— Fores. 100-2201b 2% 3 Hinds, IGO-2201b 5% 5% FROZEN PORK New Zealand— First. 00-801b 7 7 First, 81-100lb . O'S First. G: a 0% AustralianFirst, CO-lOOlb 6% 6% • First, 101-1201b C% 6% RABBITS First large, ex store .. 10'G T6/G to 17/(nominally) The weekly quotations 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 aro compiled by the Quotations Committee, Smithfield. To arrive at tho equivalent ex ship values one farthing per pound should be deducted from the prices quoted above. Quotations given represent the average for the week, and are not selected lines, but for parcels fairly representative of the bulk of shipments now on offer. MUTTON PRICES EASIER LAMB MARKET STEADY The Bank of New Zealand has received the following advice from its London office as at the close of business last week: —Wethers: Larger supplies have caused prices to weaken. Ewes: There is a moderate demand; prices aro a shade lower. Lambs: The market is weaker for second quality; first grades remain steady. Quotations: —Wethers, light, 5d to 5Jd per lh.; heavy, 4Jd to 4?d; ewes, 3jd to 4Jd; lambs, twos, 7d to 7 J t d; eights, 6Jd to 6«d; fours, Gd to 6}d; seconds, 6Jd to 63d. The weekly report of the New Zealand Meat Producers' Board states:— Lambs: The market is quietly steady for prime light-weights and mediumweights, but second quality and prime heavy-weights slightly weaker. Mutton: Heavier arrivals have slightly eased eased prices. Beef: The market is dull, with prices unchanged. New Zealand porkers: Tho market is steady and unchanged. New Zealand baconers: Tho market is quiet and unchanged. IMPORTS OF EGGS REDUCTION BY BRITAIN (Received September 23, 5.5 p.m.) LONDON, Sept. 22 The Ministry of Agriculture announces that it is reducing foreign esig imports and initiating discussions with the Dominions and the Irish Freo State with a view to arranging for reductions. BUILDING SOCIETY'S YEAK [FIIOM OCR OWN CORRESPONDENT] WHANGAREI. Saturday The 10th annual report of the Whangarei Co-operative Terminating Building Society, to bo presented at the annual meeting of tho society on September 28, states that the profits of No. 1 group for tho year were £394, against £654 in the previous year. The profits of No. 2 group were £193, against £47 in the previous year. The total accumulated profits in the No. 1 group were now £9120. In tho No. 2 group the accumulated profits were now £241. Messrs. H. W. Crawford and W. J. Orr retire by rotation from the directorate and aro eligible for re-election.