COMMERCIAL

Poverty Bay Herald, Volume LXIV, Issue 19338, 31 May 1937, Page 2

COMMERCIAL

LONDON MEAT MARKET LAMB AND MUTTON HIGHER CONSUMPTION EXCELLENT (Per Press Association.) WELLINGTON, this day. Most Smithfield markets are in a very buoyant stale, particularly lamb and wetWr mutton. The Meat Board reviews the markets as follows-. ''Lamb.—The market is very firm, with improved prices, and consumption is excellent. "Mutton.—Wethers a*re in better demand at higher prices, but for ewes the market is quiet and unchanged. "Beef.—For chilled beef, the demand continues to be very good, but prices are a shade easier.

•'Pigs.—The New Zealand porker pigs market is quiet but unchanged. For New Zealand baconer pigs trade is slow ;it unchanged prices." The following quotations represent average prices based on actual transactions of representative quantities during the week : Frozen Mutton New Zealand crossbred wethers and maiden 'ewes. —481 h. and under, sjd (Sid)-; 491 b. to 561 b., 4-Jcl (4|d); 571 b. to 641b.,-4M (44d); 651 b. to 721 b., 4|d (4W). New. Zealand owes.—4Blb. and under. 4Jd (4|<l): 401 b. to 561 b., 3*d (3jd) ; 571 b. to 6411... 3id (3gd); 651 b. lo 721 b.. 3Jd (3Jd). Frozen Lamb ■' Canterbury.—36lb. and under. 7g<l (71,(1) : 3711.'. to 421 b., 6|d (63d); 431 b. to 5011... 6gd (6>Jd); second quality, average about 311 b., 7d (6,]d). Other South Island.—36lb. and under, 7§d (7|d); 371 b. to 431 b., 6M I6M); 431 b. to 501 b., 6| (6id). North Island Southdowns.—36lb. and under, 7id (7-Jd); • 371 b. to 421 b., 7<l (63d); 431 b. to 501 b., 6fd (6Jd); second quality, overage about 301 b.. (7£d). Clher North Island.—36lb. and under, 7-Jd (7d); 371 b. to 4211... 6=d (6|d); seel ond quality, average about 311 b.. 7d (63d). Australian.—Victorian, 291 b. to 3611... 6gd (6|d); 371 b. to 421 b.. 6gd (&\d). Argentine.—First quality. 361 b. and under, 6Jd (63d) ; 371 b. to 431 b.. 6d (Sfd).

Frozen Ox Beef New Zealand, and Australian.—Not quoted. Chilled Ox Beef New Zealand.—Not quoted. Australian.—Hinds, bid (5Sd); crops, 4*d (4|d). Union-of South Africa.—Hinds. s'd (63d); fores, 4-jd (4-Jd). Southern Rhodesian.—Hinds, .~|d (■"-}d); fores, 3}d (4d). Argentine. Hinds, (i.jd (6"jjd)' fores, 4hd (4fjd).

Uruguayan. Hinds, s|d (fid); fores, Brazilian.—Hinds, sgd (%1). The above quotation* for beef are for quarters weighing between 1451 b. and 2101 b. Frozen Pork Now Zealand.—Porkers, (511 b. to 801 b., Ojjd md); Kllb, to 1001 b., Rgd (6*1); 1011 b. to 1201 b., C|d (61d). Baconera, !'21.1b. to 1601 b., 6Jd (OJd).

The Bank of Now Zealand advises receipt of the following cable message • from London as at. the close of business ; last week :—“Wet boas.—Tile market ift • becoming firmer, owing to the small sup- * plies available Ewes.—The market is dull. Lambs.—The market lias improved 1 owing to shorter supplies. .Quotations. — 1 Wethers, light 4gd to 5Jd, heavy 4d to 1 4gd ; ewes. 3fd lo 4Jd ; lambs, twos to 7.}d, eights GJJu to 7d, fours G.'.d to 6;jd, seconds 6|d to 7|d,” 1 STORE CATTLE EASIER i SALE AT MOREINSVILLE 1 Store cattle at. the .Moriinsvillo stock sale on Friday failed to attract the competition expected, and sales were hard to make. .Most of the store cows offered failed to reach the vendors' reserves. The fat cattle market remained unchanged from the previous week. Competition for all fat sheep was keen, and a good sale resulted. Quotations: — .Sheep.—Prime black-face wethers, 32s to 335; heavy fat owes, 26s 3d ; lighter, 22s to 22s 9d"; forward-conditioned ewes. IBs 9d to 20s; extra, heavy fat lambs, 32s fid to 355; heavy fat lambs, .30s; medium fat lambs, 23s 6d to 25s sd; forwardconditioned lambs, 16s lid lo 20s 7d ; store wether lambs. 19s 5d to 1.9 s7d ; smaller, 15s 10d; cull lambs, 8s 8d (o IQs; small black-face lambs, 10s Id to 13s lOd; cull ewes, 9s 6d to 13s 6d ; .Southdown rains, 31s; sound-mouth ewes, r.w'. S.D. rams, 27s 6d. Beef.—Killablo steers. £8 3s to £8 12s; heavy fat, cows, £7 10s to £7 18s; medium fat cows and heifers, £6 10s to £7 3s : lighter fat cows, £5 12s lo £6 2s; killable cows, £4 10s to £5 ss. Store Cattle. Forward-conditioned ! Shorthorn steers, £8 6s; steers. £6 12s; Polled Angus cows. r.w. P.A. and Hereford hulls, £5 15s lo £6 ; older cows, £5; Hereford cows, £4 15s to £5 15s.

TE PUKE STOCK SALE BEEF TENDENCY EASIER A good yarding of all classes of stork camo forward at the To Puke stock sale, particularly in the daily section. Dairy cows and ilfifers sold at very satisfactory figures. Fat cows, of which there was only a medium yarding, showed a tendency to ease in value, but. store cows and boners realised good prices. Figs sold quite up to recent rates. The following is the range of prices : Fat cows, £3 17s to £5 Is; store cows, £2 10s to £3 ss; heavy boners, £3 to £3 16s; lighter boners, 30s to £2 10s; vearling heifers, £2 10s; heavy bulls, £4 *ss to £6; lighter bulls, £2 to £4 10s. Good Jersey-cross cows, forward in calf, £6 10s to £lO ss; young Shorthorncross cows, £5 to £8 5s ; later calvers, £4 to £6 10s; good Jersey heifers, early calvers, £6 to £7 ss; later calvers, £4 15s to £5 18s. Dairy cows on account of the estate of the late Mr. W. Gridin sold satisfactorily, realising from £4 5s to C 7 ios. ; Pigs.—Heavy baconcrs, £3 Os 6d to £3 Os; medium, £2 16s to £2 10s; lighter, £2 10s to £2 15s ; heavy porkers, £2 to £2 8s; lighter. 30s to 365; large stores, 20s to 275: lighter stores, 15s to 17s; slips. 10s to 12s ; weaners. 4s to 8s Gd. TREASURY BILL RATE (British Ofliclnl Wireless.) RUGBY, May 28. The total amount applied for in lenders for £-15,000,000 worth of Treasury bills was £72,2.",5,000. The aver ago rate per cent for bills tit three months was 10s O.OOd against lOs 1.58 d a week ago. EXPORT FRUIT MARKET LONDON, May 20. Consequent on the arrival of heavy consignments of apples prices are weaker. New Zealand fruit unloaded from the Itnngitatn is quoted as follow: Jonathans, 7s to 10s .'!d; Granny .Smiths, 11s fid to Ids 3d; Stunners, 7s to 10s,