COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 18918, 21 January 1936, Page 8

COMMERCIAL

LONDON MEAT MARKETS N.Z. LAMB REMAINS FIRM North Island lamb remains firm at Sinithfield,'with lightweight Southdowns last week quoted up to 8d per lb. Canterbury lambs have not arrived on the market, yet. The demand for wethers was not so keen as last week, and heavyweights declined slightly in value. Quotations for New* Zealand chilled beef were made for the first time for several weeks'. Prices for both porker and baeoner pigs from 1 New Zealand remained unchanged. Below is given a. schedule of approximate average prices during the week cabled by the United Press Association, based on wholesale transactions of representative quantities, the figures in parentheses being for the previous week : New Zealand sheep.—Canterbury and selected North Island crossbred wethers and maiden ewes, 481 b and under, 53d (53d); 48lb to 561 b, sid (Sgd); 571 bto 641 h, 4|d (4|d). North Island crossbred wethers and maiden ewes, 481 b t 6 561 b, 5-J-d (sjd); 571 bto 641 b. 4|d (4|d); 651 b to 721 h, 4jjd (4gd). Ewes, 481 b and under. 3f(l (SfctJ; 481 b to 641 b, 3.|d (3Ad); 651 bto 721 b, 2jjd (3d). New Zealand lambs. —Canterbury and South Island, none, offering. North Island Southdowns, 361 b and under, 8d (8d); 371 bto 421 b, 8d (8d); 431 bto 501 b, not quoted ; second quality, average about 301 b, 7§d (7|d). Other North Island, first quality, 361 b and under, 7|d (/|d); 371 b to 421 b, 7|d (71); second quality, average about 311 b, 7fd Patagonian sheep and lambs. —None offering. Australian lambs. Victorian, first quality, new season’s. 361 b and under, 7gd (7jd) ; 371 b to 421 b, 6M (6|d); second quality, 361 b and under, 6JUI. Other states, first quality, 361 b and under, 6|d;* 371 bto 421b,' 6gcl; third quality, average about 261 b, 6£d. New Zealand chilled beef. —Ox binds, ' 1451 b to 2101 b, 4|d; ox fores, 1451 b to ’ 1601 V), 2gd; cow hinds, not, quoted. New Zealand frozen beef.—Ox hinds, 1451 bto 2101 b, (33d): ox fores, 1451 b to 2101 b, 213 d (23d); cow, not quoted. Argentine chilled beef.—Ox hinds, 14511> to 2101 b. 3d (sgd); ox fores. 2gd (23d). South African chilled beef.—None offering. 1/ruguan chilled beef.—Ox binds. 1451 b to 2101 b. sjd (53d) : ox fores, 2g<l (2|d). . Brazilian chilled beef.—None offering.

Australian beef.—Frozen, ox binds. 1451 b to 2101 b. SJd (3gd); ox crops, 2|d (2gd); chilled, ox binds, 4jd (4Jjd); ox crops, 2£d (2|d). Southern Rhodesian chilled beef. —Ox hinds, 41.(1 (4Id); ox fores, 2jd (2Jd). New Zealand porker pigs, first quality. -601 bto 801 b. 7d (7d) ; 811 bto 1001 b. 65d (63d); 1011 b to 1201 b. 6d (6d). Bnconers. 1211 b to 1601 b, 51,d (5Ad). Tin* Meat Board reviews the position as follows:

"Lamb.—The market is steady with prices unchanged. The demand is imnroving, and the market is short of unplies until the unloading of steamers due next, week arrive.

‘‘Mutton.—The market, for wether and ewes is steady for lightweights, with a tendency to be easier for heavyweights. “Bpcf.—The frozen beef market is quiet and unchanged. "New Zealand Porker Pigs.—The market is slightly easier. Prices to-day are from ,!,d to jd lower than quotations, with trade slow. «

New Zealand Baeoner Pigs.—The nriee has advanced slightlv owing to temporary-short, spot ‘stocks.’’

IRON ORE DEAL LARGE BRITISH VENTURE British capital is responsible lor the largest iron ore mining venture east of Suez, which has been decided upon. The deposits are at Koolali Island, Ynmpi Sound, Western Australia, '.argie quantities will lie sold to Japan. The preliminary expenditure involved in opening up the deposits will be about £250,000. P.rasserts, Limited, the English iron and steel company involved, have concluded a contract with the Nippon Mining Company, of Japan, to supply a considerable quantity of the ore, probably millions of tons.

SYDNEY STOCK EXCHANGE SYDNEY, Jan. 10. Stock Exchange, sales to-day included : Commonwealth bonds, 33 per cent, 1949, *.98 12s 6(1 ; 4 per cent, 1938, £lOl 1.6 s 3d; 1941. £lO2 12s 6d; 1944, £lO3 12s 6d- 1947. £lO5 2s 6d; 1953, £lO3 17s 6d; 1955, £104; 1957. £lO4 10s; 1968, £lO5 ss; 1961. £lO5 12s 6d; Toohey’s Brewery, 31s 3d ; Anthony Hordern, 21s 6d ; Associated News, 23s 3d; Australian Glass, 84s; British Tobacco, 41s 3d; Colonial Sugar, £44 2s 6(1; James Stedmar., 18s.