FINANCE AND COMMERCE

Taranaki Daily News, 7 May 1934, Page 12

FINANCE AND COMMERCE

MEAT MARKETS IN LONDON SALES OF FROZEN AND CHILLED. LIST OF SMITHFIELD QUOTATIONS. By Telegraph—Press Assn. —Copyright. Rec. 5.5 p.m. London, May 5. Following are the latest quotations for frozen and chilled' meat, with those of the previous week for comparison:— FROZEN MUTTON. New Zealand— Wethers and maiden ewes,

The weekly quotations are based on actual sales of wholesale quantities of carcases of mutton or lamb or of quanters of beef delivered tc Smithfield market' and/or London stores. They are compiled by ■ the quotations committee, Smithfield. To arrive at the equivalent ex ship values on? 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.’ STOCK SALES AT FEILDING. •LAMB VALUES EASIER. Feilding, May 4. There was a heavy yarding of fat lambs and fat sheep, a moderate yarding of stores, and light offerings of store fat dairy cattle at the Feilding stock sale. Values of fat lambs were slightly easier for primest lines, following the drop in London prices, hut medium lines were firm at previous rates. There was a fair yarding of store sheep. Prices for store lambs declined, but breeding ewes had a good market, especially young ewes. The yardings of fat, store and dairy cattle were small. The market for fats was easy, but that for dairy cattle showed signs of livening up a little. Fat lambs: Primest, 25s to 26s Id; prime, 225; average good lines, 19s Id to 21s lid; light unfinished, 18s lOd to 19s; prime fat wethers, 25s tp 255. 6d; good quality, 23s 8d to 24s lOd; light, 20s; prime fat ewes, 19s 2d to 20s 6d; good, 18s 2d to 18s 9d; fair quality, 16s lOd to 17s 4d; inferior, 14s lOd; prime fat maiden ewes, 24s 4d. ' Store sheep: Ewe lambs, good, 225; fair, 18s 8d to 19s; inferior, 15s 7d to 17s 9d; poor, 14s 4d; black-faced lambs, good, 18s; medium, 15s 9d to 16s lOd; inferior, 14s; white-faced lambs, 15s 7d; cull lambs, 8s 9d to 13s 3d; mjxed-sex lambs, 16s 6d; breeding ewes, all running with Southdown ramg, good two-tooth, 26s to 275; two-tooth to six-tooth, 20s lOd to 225; two-tooth to four-year, 19s 4d; five-year, 17s 4d to 20s; four to five-year, 19s 4d; five-year, 17s 3d to 20s; four to five-year, 19s 6d to 22s 6d; maiden ewes, 14s to 18s; aged ewes, 10s 6d to 13s 6d; two-tooth wethers, 16s 5d to 18s 3d tp 18s sd. Store cattle: Weaner heifers, good, 24s to 325; poor, 9s to 18s; store cows, good, 35s to 38s; others, from 245; forward cows, £2 to £2 -14 s; heifers, running with bull, 38s to £3 Is; steers, £2 2s to £2 19s 6d. ’ Fat cattle: Vealers, 20s; heavy fat cows, £3 2s 6d to £3 15s; light, £2 to £2 10s; fat heifers, £3; Polled Angus fat cows, goods, £4 7s to £5; Jersey cows, £1 18s to £2 ss. Dairy cattle: Good springing cows, £4 10s; others, to £3 12s 6d; backward condition. £1 16s to £2; cows, in milk, £2 to £3 5s to £3 15s; springing heifers, £2 7s 6d to £3 10s; heifers, in £3 Is. CLUTHA RIVER GOLD DREDGING. London, May 4. Clutha River Gold Dredging stock was heavily oversubscribed.

Canterbury and North Island selected Apr. 28 May 5 . 48/561b d. 5i d. 51 57/641b 4.1 41 65/721b 41 41 North Island: 48/561b 51 54 57/641b . 4$ 41 57/641b 41 44 65/721b 41 44 Ewes: Under 481b 44 44 . 48/641b 34 34 65/721b , 3 3 Australian— Wethers: First, 40/551b 44 44 Second, 35/551b 44 44 Ewes, 30/551b - 34 38 Ewes, 30/551b 34 34 Argentine— * Wethers: a First, 48/641b 44 44 First, 65/721b 4 31. Patagonian— Wethers and maiden ewes: Under 501b 44 44 50/601b 44 4 FROZEN LAMBS. New Zealand— Canterbury: 361b and under 71 71 37/421b 5| 51 ' 43/50lb ' 61 .64 Second, about 321b ...... 64 7 Other South Island: 361b and under 71 71 37/421b 61 64 43/501b 64 61 North Island selected: 361b and under 71 71 37/421b 61 61 43/501b 64 61 Second, about 321b 7 7 North Island, other: First, 361b and under ... 74 71 First, 37/421b 6S 6-1 Second, about 321b 64 64 Australian — Victorian: First, 361b and under ... 61 64 First, 37/421b 64 61 Second, 361b. and under 61 61 . Other States: First, 361b and under ... 61 61 First, 37/421b 64 64 Second, 361b. and under 64 61 All States: Third, about 261b 61 64 Argentine— First, 361b and under ... 64 61 First, 37/421b 64 6 Second, about 301b 61 64 Patagonian— Firsts, 361b and under .. 61 61 37/421b 64 64 Second, av. about 301b .. 64 61 FROZEN OX BEEF. New Zealand— * ■> .■ Fores, 160/2201b 24 •21 Hinds, 160/2201b 31 31 Australian— Crops, 1001b and under 24 24 ' Over 1001b 24 25 Hinds, 1601b and under 31 31 Over 1601b 3g 31 CHILLED OX BEEF. Argentine— Fores, 160/2201b 31 2g Hinds, 160/2201b 51 .51 FROZEN PORK. New ZealandFirst, 60/801b 54 54 First, 81/1001b 54 51 First, 101-1201b 51 - 51 Australian— First, 60/1001b 54 54 First, 101/1201b 54 51