COMMERCIAL NEWS.

Waikato Times, Volume 111, Issue 18537, 18 January 1932, Page 12

COMMERCIAL NEWS.

LONDON MEAT MARKET. i, SMITHFIELD QUOTATIONS. trnlted Press Assn.—Elec. Tel;-' Copyright. ’ ■ 5 LONDON, January 16. . The weekly quotation's for the .under-mentioned classes of frozen .meat are based on actual sales oj wholesale quantities of carcases of mutton or lamb, or of quarters of beef delivered to Smithlleld market and/or London stores. -They are compiled by the Quotations Committee, Smlthfleld. ■ To arrive at the equivalent ex snip values, one farthing per lb should be deducted from the j prices quoted below. Quotations given represent the average for the week and are not selected lines, ;,but for parcels • fa.rly representative of the bulk of shipments now on offer. New Zealand Frozen Sheep.—North Island crossbred wethers and maiden 651 b to 721 b, 3sd. New Zealand Frozen • Lambs.— Canterbury, 361 b and under, 6id.; 431 b .•to 501 b, 5Jd; selected North Island brands, including Downs, 361 b and under, 6 5-8 d;. second quality, average 301 b. 5Jd; Other North. Island brands, first,; quality, 361 b and under, fijdysecond quality, average 301 b, ojd. • • A- • ' • Australian Lambs.— Victorian,, first quality, 361 b and under; 5.3-8 d; 371 b to 421 b, • 4 5-8 d; other States, .first, quality, 361 b and under, 4Jd; : 371 - to 421 b, 4}d: other States, second quality, 361 b - and under, 4 5-8 d; all States, third quality, 4 7-Bd. • . •Argentine Lambs.—First quality, 361 b and under, aid. ' -New Zealand \ Frozen Beef. —Ox fores, 1601 b to 2201 b, IfdArgentlne Chilled Beef. —Ox fores. 1601 bto 2201 b, 2fd; ox hinds, loOlb to 2201 b, sd. .. New Zealand Pigs.— First quality 601 b to 1001 b, average 901 b, sid 1011 b to 1201 b, 4Jd. ' , ' Australian Pigs.—First quality, 601 b to 1001 b, average 901 b, sid; 1011 b to 1201 b, 4Jd. All other sorts are unchanged.

The New Zealand Meat Export Board has been advised as follows regarding conditions on the London market:— f . Lamb Market.—Prices easier owing to present large stocks of Australian and South American lamb being forced on the market. Consumption excellent for this time of'year. - Mutton Market. —Wethers firm, but there is little alteration in prices. Ewes meeting with a little better demand. ’ ' ' . ' ; Beef Market. —Depressed on account. of large supplies .•and low prices of Argentine chilled beef. -New Zealand Porker Pigs. —Prices •slightly -better, but Home supplies are •still heavy. ;