MEAT IN LONDON

New Zealand Herald, Volume LXXIV, Issue 22647, 8 February 1937, Page 5

MEAT IN LONDON

PRICES AT SMITHFIELD

LAMB DEMAND IMPROVES MUTTON MARKET STEADY Prices for lambs continue to show an improvement on the Smithfield market, according to the weekly report of the Now Zealand Meat Producers' Board. Tho demand is satisfactory, and all arrivals are going into consumption. In tho mutton market wethers and ewes arc steady, with prices firm. The market for frozen beef is firm with a good demand, and prices for chilled beef are steady. New Zealand porker pigs are finding a quiet and steady market with prices unchanged. The market for Now Zealand baconer pigs is easier because of lower prices for bacon. Following are the latest quotations announced by the board, together with tho values ruling at the close of the previous week: —- FROZEN MUTTON

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. 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 tlio week, and are not selected lines, but for parcels fairly representative of the bulk of shipments now on otf<ir.

WETHER MARKET FIRM SMALLER SUPPLIES OF EWES The Bank of New Zealand has received the following advice from its London office as at the close of business last week: —Wethers: The market is quiet but firm. Ewes: Smaller supplies have caused prices to harden. Lambs: The market is firm. Trade generally is slow. Quotations: Wethers, light, 5d to 5Jd per lb.; heavy, 4d to 4yd; ewes, 3|d to 4§d; lambs, twos, to 7£d; eights, 73d to 8d; fours, 7d to 7|d; seconds, 7gd to 7£d.

EXPORT SCHEDULE NO CHANGE IN RATES Schedule prices for lambs and pigs on hooks at freezing works at Southdown for this week's killings are unchanged as follows: — • Lambs.—Up to 361b., 9d; 371b. to 421b., BJd; over 421b., seconds, Bjd; light seconds, 7sd; shorn, Id less all grades, with usual deductions for seedy. Pigs.—Up to 801b., 6Jd; 811b. to 1001b., 6d; 1011b. to 1201b., sjd; 1211b. to 1601b., 6d; 1611b. to 1801b., 4|d; 1811b. to 2001b., over 2001b., 2d; choppers, exportable, 2jd; porkers, unoxportablo, Id less; baconers, nnexportable, over 1201b., less; choppers, unexportable, Id per lb. RABBIT MARKET QUIET LONDON, Feb. 5 The market for rabbits remains quiet. First largo ex-store aro nominally 22s 6(1 a crate.

\ICTORIA NYANZA SUGAR SOUTH AFRICAN MARKET The acting-chairman, Mr. G. Lucas, informed shareholders of the Victoria Nyanza Sugar Company, Limited, in Melbourne that the South African market showed no improvement. Each mill was still marketing its own sugar, with the result that only export parity was being received on local sales. "There is at present," he added, "no sign of an agreement being reachod between tho manngnient of the various mills, and how long it will take to fix a mutual agreement regarding a profitable price for sugar sold locally it is difficult to forecast. According to latest advices from Kenya, our plantations arc in excellent condition, and although at present it is a little early to make a forecast, it is expected that last year's production will at least bo equalled."

COTTON, RUBBER, COPRA, ETC.

(Received February 7, 5.5 p.m.) LONDON, Feb. 0 (Quotations on January 30 in parentheses.) Cotton.—Spot, 7.30 d (7.3 Id) a lb.; March delivery, 7.04 d (7.12 d February.) I]ubber. —Para, 14d (14d) alb.; plantation and smoked, lOjd (lOJd). Jute. —February-March shipments, £lB 18s lid (£lB 17s 6d) a ton. Copra. —February-March shipments, South Sea, sun-dried, £l9 to London and Rotterdam (£l9 15s) a ton; South Sea, smoked, £l9 to Marseilles and Genoa (£l9 15s); plantation, Rabaul, hot air dried, £l9 los to London and Rotterdam (£2O 10s). Linseed Oil, —£29 10s (£29 os) a ton. Turpentine.—4ls 3d (42s 9d) a cwt.

J:in. 29 Feb. 5 New Zealand — d d Crossbred Wethers and Maiden Ewes: 5% Under -lSlb SVa 48-5Hlb. 0 X /9 57-Utlb. 4 3 /" 4 3 / 6o-721b 4'/a 4 l /a. North Island: 48-561b. * * 57-641b. * m G5-72lb. * * Ewes: 4% Under 481b 4 Vi 48-5«lb. 4 4 57-04lb. 3% 65-721b. 3'/* 3 3 ,4 FROZEN LAMB New Zealand — Canterbury: 3Blb. and under * m 37-4 21b. * * 43-501b. * * Second, about 3Ilb. .. * * Other South Island: 3(>lb. and under * * 37- !2lb. * * i3-5(»n>. * * North Island: 3<>lb. and under 7 3 4 8 37~12lb * 7a 8 43-5011). 7 Vi Second, about 301b. . . 7 l /a 7 /a North Island, first quality: 71/, 3(ilb. and under 73^ .",7-421 b. 7% 73/ Second, about 311b. .. r iVa 7 1 / Australian — Victorian: First, 301b, and under o% 7 First, 37-12lb. oy 2 &/8 Argentine— First, 36!b. and under (3Va OV2 First, 37-4211). « l /4 oy 4 FROZEN OX BEEF (145-2 lOlbs.) New Zealand— Hinds 4Va 4 l / a Fores 3 3 Australian— Hinds 4% f/ 9 Crops SYa o/a CHILLED OX BEEF (145-2101bs.) New Zealand— Hinds Kfi/ 0/9 * Fores * Australian — Hinds * 5 3 /. Fores * 3% South Africa— Hinds ?3 ? * Fores *>/a * Southern Khodesian — Hinds 5 Fores 3 27a Argentine— Hinds O G Fores J3 l /a •>'/ o/a Uruguayan— Hnids 5% rl/ O/a Fores 3/4 3,4 Brazilian —■ Hinds * * Fores • * FROZEN PORK I First, OG-SQlb. irl/ * /a 7y a First, 81-100lb. 7 7 First, 30M20lb. GVi First, 121-ltiUlb. 0% 0 *None offering.