MEAT IN LONDON

New Zealand Herald, Volume LXXIII, Issue 22403, 27 April 1936, Page 7

MEAT IN LONDON

FROZEN AND CHILLED PRICES AT SMITHFIELD MOST QUOTATIONS UNCHANGED (Received April 26, 5.5 p.m.) LONDON, April 24 Following are the latest quotations for frozen and chilled meat, with those of the previous week for comparison:— FROZEN MUTTON April 18 April 21 New Zealand— _ d d Wethers and Maiden Ewes: Canterbury and South Island, selected: Under 48lb. . . . • 5% 5/J 48-561b. . . . • • • oVa 5% 67-641b 4% (i4-721b 4 4 North Island: 48-50lb. . . . . . • 5% s's 57-64 lb 4'/. 45a G5-721b 4 4 Ewes: Under 48lb 4V t 4% 48-641b. . . . - • • 4% 4% 65-7'2lb. . . . . • . 3% 3/t Australian— Wethers: First, 48-551b. .. .. 4/4 Second. 30-551b. .. .. 4% 4/ 0 Ewes, 30-551b. . . . . iZ* 4% Argentine— Wethers: First, 48-641b i% 4 3 /, First, 65-721b. . . .. 3% 3% Pntagonian— Wethers and Maiden Ewes: Under 501b. . . * 50-601b. . . . . . - * * FROZEN LAMB New Zealand— Canterbury: 3filb. and under .. .. 7% 7% 37-421b 6V. 6% 43-SOlb 6 3 /« 6% Second, about 301b. .. 7% 7% Other South Island: 361b. and under . . .. 7% 7'A 37-421b 6% 6% 43-50lb ..6% eVi North Island, selected: 3Glb. and under . . .. 7% 7/4 37-421b. . . • . . . . 6% 67a 4'i-50ib 6 3 a Second, about 30lb. . . 7% IV A North Island, other: First, 3Hlb. and under . . 7V. 7% First. 37-421b. . . . . <>% 6% Second, about 301b. . . IV* 7Vi Australian— Victorian: First, 361b. and under .. 6% 6% First, 37-421b. .. . . 6 6% Second. 361b. and under G'g 6% Other States: First, 361b. and under . . 6% 6% First, 37-421b. . . . . 5% 5% Second, 361b. and under 6% 6% All States: Third, about 261b. . . 7 7 Argentine— First, 3Glb. and under . . 6% 6% First. 37-421b * * Second, about 381b. . . 6% 6% Pataeonian — First, 361b. and under . * First. 37-421b * Second, about 38lb. * " ; FROZEN OX BEEF New Zealand— Hinds. 160-2201b. .. 4% 47, Fores. 160-2201b. . . 2% 2 1 / a Australian— Hinds, 1601b. and under 4V4 4VJ Crops, 1601b. and under 2% 2% CHILLED OX BEEF <145-2101b.) New ZealandHinds 4- 4Vi Fore-j 2% 27. Australian— Hinds * 4 Crops • 2 3 / t South African— Hinds 4% 4% Fores ... . . .. 2% 2% Southern Rhodesian— Hinds * * Fores * * Argentine— Hinds .. ".. .. 5Va 5Vi Fores 3% 3% Uruguayan— Hinds ... .. 4Vi 4 3 / t Fores ... .. ..3 2% Brazilian— Hinds 8 V» 4V» Fores .. . - .. * * FROZEN PORK New ZealandFirst. 60-80lb 5% hX First, Sl-lOOlb 5% 5% First, 101-120lb 5% 5% First. 121-160lb 5% 5% Australian— First, 60-80lb 5% ss/.5 s /. First, 81-1001b. .. .. 5 5 First. 101-1201b 5% 5V a Rabbits, first large, ex store . . ... 16/-to 16/6 16/-to 16/6+ *Ncne offering. tßetter demand. 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 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 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. FIRM MARKET FOR LAMBS SHORTAGE OF FROZEN BEEF The following cablegram regarding the Smithfield meat market has been received by the New Zealand Meat Producers' Board: —Lambs: The market continues firm for light-weights and medium-weights, with heavyweights slightly easier. Mutton: Thp market for wethers and ewes is steady and unchanged. Beef: Frozen beef is nominal. The market continues short of supplies. New Zealand porkers: The market is steady and unchanged. New Zealand baconers: The market is unchanged, but the tendency is easier. FARMERS' TRADING COMPANY MEETING OF SHAREHOLDERS A meeting of the holders of Farmers' Trading B preference shares, the nominal value of which includes a broken portion of a pound will be held in the Chamber of Commerce on Tuesday, May 5. The meeting will consider the following arrangement proposed to be made between these holders and holders of A preference shares in a similar position: —Following the next annual general meeting of the company, if the undivided profits then available are in the opinion of the directors sufficient for the purpose, a bonus of 2s a share will be declared on every A preference, B preference and ordinary share, to be satisfied by the issue of fully-paid ordinary shares of £1 each, except as to fractions of a pound, which may be satisfied by cash, fractional certificates or otherwise as the directors think fit. Simultaneously, all the above-named shares will be converted by consolidation and subdivision into £1 shares, and where the nominal value of the shares of any A or B preference shareholder includes a broken portion of a pound, and will not therefore divide into a complete number of pound shares, this broken portion shall be converted into ordinary capital and added to the bonus capital to which the shareholder will be entitled. EGGS IN COLD STORAGE [BY TELEGRAPH —PRESS ASSOCIATION] WELLINGTON, Sunday Stocks of eggs and egg pulp in cold storage at March 31 were as follows: Eggs in shell (dozen): North Island, 71,168; South Island, 54,005; Dominion, 125,173, Egg pulp (lb.): 243,186, 216,800, 48i),956. Frozen whites (lb.): 1200, 1000, 2200. Egg yolk (lb.): Nil, 210, 240. WHEAT, FLOUR AND SUGAR LONDON, April 23 Wheat.—Cargoes are steady and parcels are quiet. Futures: London, May, 29s Ojd a quarter; November, 29s 2sd. Liverpool: May. 6s 2d a cental; July, 6s 3gd; October, 6s 3ld. Spot trade quiet. Australian ex ship, 335. Flour steady. Australian ex store, 22s to 23s 6d. Raw sugar, beetroot basis, 5s OJd a cwt.