LAMBS CHEAPER

Wanganui Chronicle, Volume 74, Issue 58, 10 March 1931, Page 9

LAMBS CHEAPER

SMITHFIELD OVER-SUPPLIED MUTTON PRICES STEADY. Lamb market continues easier owing to over-supply from all sources. Consumption good. Mutton market: There is a little more demand for wethers, but prices unchanged. Ewes meeting with better inquiry, with slightly better prices. New Zealand beef: Market is depressed owing to low prices of Argentine chilled beef. New Zealand porker pigs: Market quiet and unchanged, but is still over-supplied with Australian and New Zealand. New Zealand Ibaconer pigs: Nominal prices. The above report was received on Saturday by the New Zealand Meat Producers’ Board from its London office which advises that the following are the approximate average prices realised for the week ended March 6, based on actual transactions of wholesale quantities of the descriptions of meat mentioned and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield market and/or ex London stores (prices for the two previous weeks are also shown): — New Zealand Sheep.- Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b. 3 7-8 d (3 7-Bd, 4d), 57/641b 3Jd (3fd, 3j|d); 65/72 lb. 3*fd (3Jd, 3Jd); North Island crossbred wethers and maiden ewes, 48/5611), 3 5-8 d (33d, 3 7-8 d); 57/641b, 34d (34d 3 5-8 d); 65/721b, 3 3-8 (3 3-8, 3 5-8 d; ewes, 481 b and under, 24d (2 3-Bd, 2 3 8d); 48/641b. 23-8 d (2£d, 2Jd); 65/72 lb., 2|d (2 l-Bd, 2 l-8d). New Zealand Lambs.—Canterbury. 36 lb. and under, (7d, 7 3-8 d); 37/421b. 6Jd (7d. 7 3-8); 43/5011), 6 5-8 d (7d. 74d); second quality, overage, 331 b, 5Jd (6d, 6d); other South Ish.nd brands, not quoted; selected North Island brands, including Downs. 361 b and under, 6 5-8 d <7d, 7 3-8 d); 37/421b. 6 5-8 d (7d, 7 3 8d); 43/501b, 6 5-8 d (7d, 7}d); second quality, average 311 b. 5Jd (54d. (id); other North Island brands, first quality. 361 b. under, 6d (6 3-Bd, 6jfd); 37/421b, fid (6 3-Bd. 6}d); 37/421b. 6-1 (6 3-Bd, fijd); second quality, average •3.11 b. 5 1-8 d (5Jd. SJ). Australian Lambs.— Victorian first quality. 36 and under. 5d (sd, 54d); 37/ 421 b.. 5d (sd. s*d). Argentine Lamb.-First quality. 361 b and under, 5d (sd, 54d); 37/4211). 4}d (4jd. s|d). New Zealand beef, not quoted. Argentine Chilled Beef—Ox fores, 3.f 1 (3 3-Bd, 3 5-8 d); ox hinds, 54 (5Jd. 5Jd). Australian Frozen Beef. —Ox crops, over 1001 b, 2LI (2Jd, 2sd); ox hinds, over 1601 b, 34d (3sd, 4d). New Zealand Primo Pprkcr Pigs.— 60/10011). 5Jd (sjd, 5d)101/120, 4Jd (44d, 4|d). Now Zealand Prime Baconcr Pigs.— 121/1801b, 5d (sd, sd). Now Zealand frozen veal, not quoted. More Demand for Mutton. The Bank of New Zealand produce

department has received the following advice from its London office as at close of business last week:— The demand for wether mutton is improving, but prices arc practically unchanged. The market for ewes is becoming firmer owing to small supplies available. The demand for lamb is good for the time of year, but the market is over-suppiied. and prices are affected in consequence. The market for beef is depressed owing to heavy supplies of Argentine. Wethers, light, 3d to 4|d per lb; heavy, 3d to 34d; ewes. 2d to 3d; lambs, 2’s. fid to 63<1; B’s, 6d to 6jd; 4’s. 6.V1 to 7d; seconds, 5d to 5Ad. Beef: Ox hinds, •‘H<l to 3|d; fores, 24d to 2Jd; cow hinds. 3d to 3Jd; fores, 2}d to 24d.