COMMERCIAL NEWS.

Waikato Times, Volume 113, Issue 18851, 23 January 1933, Page 2

COMMERCIAL NEWS.

MEAT IN BRITAIN. SMITHFIELD QUOTATIONS. United Press Assn. —Elec. Tel. Copyright. LONDON. Jan. 21. Following are the latest quotations for frozen and chilled meat, with those of the previous week for comparison: FROZEN MUTTON. Jan. i 4 Jan. i! i cl cl

RABBITS. First, large, ex store 18/- iS/6 *Nono offering. The Meat Produce Board, has been advised as follows, regarding conditions on the London market: — Lamb.—Trade rather slow owing to colder weather. Prices unchanged for the small quality of new season’s lamb so far available, Mutton. —Wethers very firm owing to short spot stocks. Ewes quiet with trade slow. Beef. —More enquiry with Slightly better prices for forequarters. New Zealand Porker Pigs.—Lightweights meeting with good demand. NEW ZEALAND MONEY ABROAD. The cost in Now Zealand currency of the pound sterling and of the principal foreign units, on the latest ([notations, is as follows:

These valuations represent the current rates at which, banks sell drafts payable on demand. SOUTH AFRICAN POUND. (Onicial Wireless.) RUGBY, Jan. 20. The selling rate for telegraphic transfers, London on Capetown, is £99 for £IOO sterling and the buying rate £IOO, same as yesterday.

New Zealand— Wethers and Malden Ewes Canterbury and North Island Selected 4 5 4 3 57-6411) 5 5 5 5 North Island — ■n 48 5 5 Ewes — Under 4 8!b 4 8-0411) 38 3 1 Si 38 31 Australian — Wethers: 31 3 8 38 3 i First, 40-65111 38 Argentine— Wethers: 41 a 41 41 First, 46-6411) Patagonian— Wethers or Maiden Ewes: 3 5 31 31 Under 5011) 50-0011) 31 3 5 31 FROZEN LAMB. North Island, selected: 71 7} 71 78 Second, about 301b .... North Island, other: 0i 71 0$ 71 First, 3 01b and under .. 71 71 61 Second, about 301b .... 61 Australian — Victorian: First, 3Gib and under .... 01 6 51 41 5 Second, 301b and under Other States: 5 First, 301b and under .. 51 5 \ First, 37- 421b Second, 301b and under 48 51 41 51 All States: Third, about 20113 Argentine— 55 51 First, 301b and under .. 5? 51 First, 37-421b 5.8 5 i Second, about 281b .... 51 51 FROZEN OX BEEF. New Zealand — 21 3 j f Intis, 160-22011) 35 3! Australian—Crops, It 01b and under 31 31 3 3 3 5 3 8 Hinds, 1601b and under 3 3 over 1001b 35 3 5 CHILLED OX BE El Argentine — 5 1 55 51 6 FROZEN PORK. New Zealand — P First, oo-goil) First, 8 1-100lit First 101-12011) 0 1 58 5 1 6.1 5 8 51 Australian — First, 00-100lb 51 51 First) 101-1201b 51 51

Present price. Par. s. d. s. (1. London, pound .. . 2 1 1 1.58 20 0.00 Australian pound .. ill) 0.1)0 20 0.00 New York, dollar . 7 7.110 • | 1.3 1 Montreal, dollar G 8.11 1 ■i 1.31 Paris, franc 0 11.50 0 1.08 Berlin, mark 1 0.12 0 1 1.74 Copenhagen, krone 1 3.no, 1 1.22 Yokohama,/ yen ... 1 0.58 2 0.58