COMMERCIAL

Star (Christchurch), Issue 10684, 3 February 1913, Page 3

COMMERCIAL

FROZEN MEAT TRADE,

United Press Association—By Eiectri'o Telegraph—Copyright. (Received February 3, 10 a.m.) ■LONDON, February 1. The Frozen Meat Trade Association's SmithfiekTMarket quotations for the undermentioned classes of frozen meat are based on actual gales of not fewer lamb or 25 carcases of beef of fair average quality. These quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market:— Jan. 25. Feb. 1. Mutton— d. d. Canterbury, light . 6 * Canterbury, medium .5 5 Canterbury, heavy . . Southland . ■. . • <i *i North Island, best brands 4| ij r North Island, ordinary, ... '■ * New Zealand ewes .'■■■.—• Australian, light . . * ' * , ,' Australian, heavy . . ■ 3J; .■• 3g Australian, owes . .' 3J , 8 9-16 River Plate, light . * * * River Plate, hea\'y . .' 3i 4g River" Plate, ewes . . II H Lamb— Canterbury, light . . 5J- 5| Canterbury, medium . 5| o% Canterbury,., heavy . . 5j 6j North Island, selected . ~"North. Island, ordinary . Southland, selected . . Australian, .best brands ( , oj 5 746 Australian, fair quality . 51-16 5£ " Australian, inferior ■ H 'ls River Plate, first quality 6$ Si River Plato, second quality 6 J 6J BeefNew Zealand, fores . . 3} 3J New Zealand, hinds . . 311-16 81 Australian, fores' . . 3 31-16 Australian, hinds .', .3| H River Plate, chilled fores 3| 8$ River Plate, chilled hinds 'Bl 4|; , River Plate, frozen fores .3 3 River Plate*, frozen hinds 34 3J Rabbits—The market is steady, ajid. prices are unchanged. , , : HIGH COMMISSIONER.'S REPORT. [Pkr Pbess Association.] -.-: WELLINGTON, February 3. The Department of Industries and Commerce has received the following cable message from the High Commissioner, dated London, February 1. The quotations,, unless otherwise specified, are average market prices on the spot: Frozen Meat.—-Mutton—The market remains firm, with a scarcity of prime quality; North Island, 4j[d ; Canterbury is not quoted; Australian, 4d; River Plate,' 4|d. Lamb—The market is firm, with a good' demand for all lamb. Caiv terbury, this season's, is realising 7Jd; other than Canterbury 6§d- Beef— The market is quiet but steady, and the supply plentiful; New Zealand hindquarters 3|d, forequarters BJo. Butter.—The market is dull, ex* cept for best quality. The average prices for the week were :-£For choicest, New Zealand butter, 113s; Australian, 107s; Argentine, 105s; Danish, 1275; Siberian, 109s. Cheese.—The market is quiet, but holders are firm, the demand getting better. The average price for the week for finest New Zealand cheese is 60&.6 d.

Hemp.—The market is firm, owing to speculative demand; spot, New Zealand good fair grade. £34 per ton; fair grade, £32 10s; forward shipment about the same price, Fair current Manila, spot, £3-1; forward shipment, £35 10s. The output from Manila for the week was 20,000 balss. Wool.-—The market is strong, and alt stocks are advancing.

Hops.—The market is firm with' a hardening tendency. Grain and Pulse.—Wheat.—The Market is firmer with more demand; New Zealand longberry -wheat, ex granary, per quarter of 4961b,.385; short-ber-ried, 37». Oats—The market is quiet with a large supply; New Zealand oats, short Sparrowbilla, ex granary, per quarter of 3841b, 245; Danish, per quarter of 3201b, ,235. Beans.—-The'mar-ket is firm, owing to reduced supplies; New Zealand beans,. new crop, per 5041b, 30s. Peas—The market is very quiet; New Zealand peas, Partridge, per 5041b. 37s 6d. Eggs.—Now Zealand, 8s per 120. STOCK EXCHANGE OF CANTERBURY. The following aro the latest quotations: buyers. Sellers. £ s. d. £ s. d. BREWERIESManning and .Co. . 4 0 0 COALV/estport . . .17 3 GAS— Chrietchurclj • 8 0 0 MEATSCanterbury Frozen Meat ... 826 Christchureh Meat Co (£lO paid!, e* div. . IS 3 6 SHIPPINGTJnion Steam Ship . } 6 9' MISCELLANEOUS— Taranaki (N.Z.) Oil Ltd. (ffls • ' ■ paid) ... 1 0 0 MINING- •• Wftihj Grand Junction 1 7 0

Wheat.—The market is steady; an Australian cargo, loading, was sold at 37s 7}d per quarter; a parcel of 2000 quarters January-February shipment, fetched 37s 4-Jd. The total quantities of wheat and flour afloat for the United Kingdom amount to 2,600,000 quarters, and for the. Continent to 2,100,000 quarters; Atlantic shipments. 434,000 quarters, and from Pacific ports to 39,000 quarters. Tlie total quantity from JOurope was 1.b00.000 quarters, 3iid from Australasia 267 ; (XX) pjij.rt-ers,