OVERSEAS MARKET.

Star (Christchurch), Volume LXVI, Issue 20476, 30 November 1934, Page 9

OVERSEAS MARKET.

Grain and Produce Quotations. AUSTRALIAN FIGURES. (Received November 30. 11.45 a.m.) MELBOURNE. This Day. Wheat—2s 6id. Flopr—*£7. Bran—£4 15s; pollard, £5. Oats—Dull; Is lOd to Is lid. Rnrley (English)—2s lOd to 3s 2d. Maize—3s 7d. Potatoes (red soils)—£s to £5 10s. Onions—Quie\; Globes. £6 to £6 ss; Brown Spanish, £5 to £5 10s. SYDNEY, November 29. -Wheat—At country sidings, bagged Is 9d, bulk Is Sd, equal to about 2s 4d ex trucks. Sydney. Flour—£7 ss. Bran—£s; pollard £5 ss. Potatoes—Tasmanian, to £11; Victorian £B, local new £lO. Onions—Victorian Brown Spanish £&. Maize—White and yellow 3s 3d. ADELAIDE, November 29. Wheat—Growers’ lots, 2s 4*d. Flour—Bakers’ lots £7 7s fid. Bran—£s; pollard £5 2s 6d. Oats—ls 8d to Is 9d. Barley—2s Bid. Bradford Tops Trade. (Received November 30, 12.45 p.m.) LONDON, November 29. Bradford is doing moderate -business. Quotations are as follows: Nov 1. Nov 8. Nov 15. Nov 22. Nov 29. d. d. d. d. d.

Sugar Beet. (Received November 30. 12.50 p.m.) LONDON. November 29. Sugar beet is quoted at 4s 3d per cwt for December delivery.

PRICE OF WHEAT.

Argentina’s Policy. (Received November 30. 10.15 a.m.) BUENOS AIRES, November 29. The Ministry of Agriculture to-day issued a decree r’e-establi«hing for the new crop year the basic price of grain originally established on November 29, 1933. when the Government Initiated its grain buying programme, the price of wheat being set at 5.175 pesos per cwt —equivalent to 168 cents per 2201 b. The decree authorised the Grain Control Board to purchase on the Government’s account when necessary to maintain prices. MEAT TRADE. Lamb killing in the Auckland province this season is later than in recent years, and it will be about a fortnight before the flush of the season is reached, states the ” New Zealand Heraltf.” However. there has been a substantial increase this year in the killing of porkers and baconers. particularly porkers. The schedule of prices on hooks at freezing works is unchanged this week, the following; rates being quoted:— lambs—36lb and under. 7d per lb; 371 b to 421 b, 6Jd; over 421 b. fid; seconds, 6icf. Pig?—Porkers. 601 b to 80ib 6d. 811 b to 1001 b 5Jd. 101 lh to 1201 b sd: baconers, 1211 b to 1601 b 54d, seconds 61d. Southern Views. fSoeoln 1 to the " Star.**! DUNEDIN. November 29. Exporters of frozen mutton are very cheerful about the season’s prospects, as it is considered that the position in Britain is very promising, and that satisfactory prices are likely ’to rule throughout the season. Most of the local freezing work are not due to commence operations until about a week before Christmas. In Otago, warm weather and occasional showers have brought stock on well. Bi-Monthly Shipments. ! The New Zealand Meat Producers* : Board advises that the shipments from Australia. South America and New Zea- | land to the United Kingdom during the first half of November were as follows; AUSTRALIA. Carcases mutton 75.598 Carcases lamb 449.763 Quarters beef 37,396 SOUTH AMERICA. Cnrcascs mutton Carcases lamb 67,8^7 Quarters beef (frozen 1 ) .. 678 Quarters beef (chilled) . . 168,130 NEW ZEALAND. Carcases mutton 17,099 Carcases lamb 65.163 Quarters heef (frozen! .. 20.477 Quarters beef (chilled! 1,065 Pig Marketing Association. The New Zealand Co-operative Pig Marketing Association, Ltd., will, during the c oming week, make its -usual Interim bonus payment to suppliers on pigs received from June 1 to October 31. The amount to be distributed, including th« shareholders’ bonus on the qualified supply for the year ending May 31 last, is approximately £6OOO. For the period. the company has handled nearly 20.000 pigs, which is considerably more than twice the number handled for the corresponding period last year, and represents 35 per cent of the total "igs killed for export during the period. The bonus to he paid on nigs supplied to October 31 will be at the following ! rates:-—Porkers: To 801 b. lid per lb; 81 -1001 b. Id per lh: 101-1201 b. 3d per lb. Baconers, id per lb; choppers, id Accompanying these payments will be one to cover the shareholders’ bonus (cash! of 1-16 d pound now due on the qualified supply for last season, which will amount to approximately £I2OO. DAIRY PRODUCE. (Received November 30. 12 50 p.m) LONDON, November 29. Butter.—Steady. Danish. 116 s to 117 s. Choicest salted, New Zealand. 72s to 735: Australian, 70s to 71s. Unsalteds, about 2s preniiiqn. Cheese.—Dull. New Zealand, coloured. 465; white, 475; Australian, 45s and 4 6 s. W. Weddel and Co.’s Report. LONDON, November 2R. Butter—Danish 113 s, New Zealand salted 735, Kangaroos 725. MarketBetter demand at lowest prices. Cheese—New Zealand, white 48s. coloured 475. Market continues quiet.

70’s . 281 29 281 28 27J 64’s . 26| 27 26 251 25 60*s . 25 25 24 2*1 23 56*s . 191 19J 191 19 181 50 » . 14 14 14 14 14 46's . 11 11 11 11 l°l 40 s . 91 91 9! 91 91