MEAT IN LONDON

New Zealand Herald, Volume LXXV, Issue 23170, 17 October 1938, Page 7

MEAT IN LONDON

SMITHFIELD PRICES HEAVY LAMB SUPPLIES HOME TRADE COMPETITION Prices of lamb on the Smithfiefd market are unchanged, but trade is slow owing to continued heavy supplies of home-killed at low prices, according to the weekly report of the New Zealand Meat Producers' Board. The market for wethers and ewes is unchanged with trade slow. Froze* bpef is meeting with good business at firmer prices.. Trade is slow in chilled beef owing to heavy supplies of home-killed. Hindquarters are unchanged and fores are firmer. There is a better demand for New Zealand porker pigs, and prices are firmer. For baconers the market is steady and unchanged. v Following are ruling prices of wholesale quantities announced by the board, together with values ruling at the close of the previous week: — FROZEN MUTTON v » Oct. 6 Oct. 13 r per lb. per lb. d d New Zealand— Crossbred wethers and/or maiden ewesi Under 481b .. .. SV. 6V. 49-561b ..' .. 4V, 4% 57-641b .. ..4 % 4% .63.721b .. .. 4/1 4% Lweg: ; * Under 481b .. ..3% 3% 49-561b .. .. 3 3 57-641b .. .. 3 2% 60-721b .. ■ .. 27. 2V, FROZEN LAMB Canterbury: Under 361b .. .. 8 . 8 37-421b r. .. 43-501b .. - .. 7V, 7V t Second quality, average about 311b .. .. 7 7 Other South Island: Under 30lb ..8 8 37-*l2lb .. .. 8 8 43-50lb .. .. 7V a 7% North Island Downs: Under 361b .. BVi BV4 37-121b .. .. 8% 8% 43-50lb . . . . TA 7Va Second quality, average about 301b . . 7Vi 7A North Island, first quality: Under 30lb .. .. 7% 7% 37-421b . • • ■ 7>i 7% Second quality, average about 311b . . . . 0 7 /, Australian— Victorian: First quality," 29-361b First quality, 37-421b * Argentine— . First quality, 361b . . 6% First quality, 37-421b 6/ a 7 A FROZEN BEEF ' ; New Zealand — Hinds .. .. • • 3/i 3/4 Fores .. .. • • 3% 3 A Australian — Hinds •• •• 4'/, 4VJ Crops (weights corresponding) .. .. 3Va 3/ a CHILLED OX BEEF

New Zealand — ~, fiSf-:: :: :: ® 8 A °"'aar.. .. * « - Crops (weights corresponding) .. •• 3/$ 3/4 South African — Hinds .. .. • • 5% * Fores .. • • .. 3/i Southern Khodesian— JO?.:: in "Sissr & % Fores .. y ■ .• 3/, Uruguayan— KSf:: 1% 1% Brazilian — . . Hinds .. *v. *. FROrffcN PORK New Zealand — v First quality, 61-Solb 7VS 7% Ditto, 81-1001b .. 7 7 Ditto, 101-1201b .. 87. 6% Baconers, 121 -1601b .. 6% 6% •Not quoted. 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. In the case of chilled beef the rates represent the approximate average prices realised for- the week at per lb, - 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.

MUTTON MARKET WEAKER* POOR DEMAND POR LAMBS The Bank of New Zealand has received the following advice from its London-office as at the close of business last week:*—Wethers: Weaker values are ruling, owing to lack of demand. Ewes: The market is depressed. Lambs: There; is only a poor demand, and is a Weaker tendency. The market is affected by-heavy supplies v of home-killed meat. Quotations: Wether, light, 4|d to 5Jd per lb.; heavv, 4|d to 4*d- Ewes, 2|d to 3gd. Lambs, twos, 73d to 7Jd; eights, 73d to 8d; fours, 7jd to 7jd; seconds, 6Jd to 7d. .

LOWER PRODUCTION ■■ ■ * " i POVERTY BAY HERD TESTS [by telegraph—OWX " correspondent] - t GJSBORNE, Saturday A largo decline in butter-fat production from tested herds is reported by, the Poverty Bay Group Herd Testing Association for the past -month, when th% average from 2604 cows was only 25.51b. of butter-fat, compared with 30.61b. for September of last year, when 3892 cows were tested. The highest herd average was 461b. from 27 cows in the Manutuko group, wltile the highest individual cow. produced 611b. This cow was in tIM MotuTakaraka group. \ A

MINING. NEWS —r*"- v YIELDS OF COMPANIES Worksop Extended (West Coast).— 60az. from QoOOyda. in 128 hours. Whites Electric (BarrytoWn) Week ended October 13, it total of 460z. from 7100 yds. in 126 hoursi New River (West Coast). —660z. from OOOOyjkr. in 110 hours. / REPORTS OF MANAGERS / Golden Dawn ' (Owharoa). —Foe month ended September 30: —Bottom Intermediate level: Crosscut west off old pass driven £oft. The country rock here is still of a splendid clans tor carrying reefs, being interlaced with quartz stringers and mineral veins. In the face of crosscut. a reef Viin widft whs out in the last round of holes lire; assay value. <la lid a ton. No. 3 level: Stoning on No. 4 reef north and south of crosscut went; reef averages about Din wide; averajre assay for month £2 l* a ton. Stoping on No. 2 reel north: reef averages llin; a bulk sample for month assayed CI <fs Ukl a ton. Stoping on reef going into westwall: reef averages,*!Oin wide but in split up into stringers; a bulk sample for month assayed CI 17s Id I a ton. Bottom Intermediate level: Underhand stopes on No. 1 reef south; reer averages l tin. The ore is very patchy: a bulk sample taken for the month assayed 14s Id a ton. < EGG PRICES UNCPANGED The Auckland Egg Marketing Committee announces that wholesale egg prices are unchanged. Hen: First grade, Is 4Jd a dozen; B grade, Is 3Jd. Duck: First grade, Is 4Jil a dozen; B grade, Is 3jd. Country storekeepers.' minimum buying" prices for first-grade eggs are:Hen, Is a dozenj duck, Is.