MEAT MARKET.

Press, Volume LXVII, Issue 20175, 2 March 1931, Page 10

MEAT MARKET.

QUOTATIONS FROM SMITHFIELD. . [rmilß »■•> ASSOCIATION—BI . «LI«110 TBLiaaiLpH—COPIJUOET.) /" " s LONDON, February'2B. ' Tlia weekly quotations for the undermentioned'classes of frozen meats, ba«ed on actual sales of wholesale quantities of carcases of mutton or lamb or quarters of beef delivered to.the Smithfield market and/or exLondon stores, have been compiled as follows by the Quotations Committee, Smithfleld; To arrive at equivalent ex-ship values id per lb should be deducted from the prices quoted below. Quotations are. average for the week,' and are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on offer:—

NEW ZEALAND SHEEP. Canterbury and North'lsland selected— ■ , Crossbred wethers . and maiden ewes: ; d.: 48 to 661b .., ..■■■'■ a}: North Island—--48 to 661b ... , ...3J '67 to 641b .. ... . . , .. 3J G5 to 721b V. .. 3g NEW ZEALAND LAMBS. ' , ' r Canterbury;. , 361b .. -• .. 7 87 to 421b ... .. 7 i 43 to 601b .., .... .. 7 Selected North >'lsland brands-T-r,' .. f Including Downs: " " 361b-under ~ ~ 7 87 to 421b .. ... 7. i 43 to 601b 'V.; • .... . 7 : Second quality: Average 301b .. . 61 Other N.I. brands— First quality: 861b under i., 6g 87 to 421b .. 6j| Second quality: Average 801b .. M « 61 AUSTRALIAN LAMBS. Victorian — First quality; 861b-under ~ .. 6 87 to 4,21b . ... 6 Other:' States 1 — ' ■ v .. Pirst quality: . , 861b-under . " ... ■ y, 4J: 37 to 421b 41i Victorian — ~ Second; quality: , • . 861b-under ,*• 4J. Other States— * . Second quality: . ,/ . 361b-under « ■ „f!, 4i.

ARGENTINE IjAMBS.' Tint quality: 361b-undor ;■ .» . ... . :■■■■.* 87 to 421b .. .. ... 4J-; 43 to 501b ~ .. .. 4& , ' PATAGONIAN LAMBS. Tint quality: / ' - . SGlb-undcr •' 1 v ..* 4J 37 to 431b .. .. 4} AUSTRALIAN FROZEN BEER • O* hind*— . , r . Over 1601b .. ..31 ARGENTINE CHILLED BEEF.' Ox fores- ' ' • 160 to 2201b S| NEW ZEALAND'PIGS. ' * ' / First quality: , v 60 to 1101b ,fa*,'9olb) 51 Other quotations ut&jiaagdd. The Bank oI Haw jSfialand ha# received the following advice. London eß.ce ai at the close of busineailsit week:—) > There is oiyy.'iiVWMfr, demand for wethermutton. ,Th«,vdtpnjfod' top awesis' steady,, but is not stand anincrettefin prices. The market tor lambs.ia oyer-sup« plied, and depressed owfnif;to- hwvy arrlvufs, The beef market? V) »'re depregsad- owing * to' quietness instead*. 1 ' generally, -.business la limited with jjrlcesnomlniil. The low pieces of other meat afe, cheokinjr.the demand, .lor New Zealand mutton.

Wethers—Lisht, 8d to 4|d per lb. Wethers—Heavy, 8d to Bid per lb. Ewes—2d to 8d pei; lb. , Lambs—2'*, did to 7d per lb. Lambs— B.'s, Sid to t 7d per lb. \ Lambs—l's, 6}d to 7d per lb. Lambs—Seconds,'S|d to 6d 1 per lb.'" Ox hind»—Sid to B}d per lb. t. Ox fores—t2Jd-to 2fd per lb. ./, ' " Cow —Hinds, 8d to Sid per lb. Cow—Fgre« ; .,2ld. _2ia per lb, „„„ FOR . OF EMBARGO '' $1 > : ItJHltto ' FfiSSS • iSSOCOLTIOS—BI . KLECTBIO ' ' TBLIOBAJfK->OOPTKIOHI'.)

' .;_ STONET, "February 28. "$r private cable received' in Sydney intimates that • the- German Parlia- . itientary' Trade Committee has ap- ' peered of* .the importation of 50,000 tons of frozen meat, duty "free, be%in£irig' on : March'lßt. . This is »üb-t-ject '.to,, ratification Reichstag. 1 Tij'e imp6rt of frtwsen meat was . binned last 'year* 'aHd it. is expected that if the'bas is lifted Australia wiil ,be drawn a pprtion.<' u v l GISBiORNB o SHBBP Ijfil&V, I . . (3P1C141; TO THI rSKM.) j ( '* GISBORNEj /, '-At the .Gisborns ssle.oi'-fatvsheep prices; {were unefcabged. : 5 , *, ',, 1», 'Swes, prime/heavy 6s Id,, other* .?» *d., >T&tobiWt* ; -i' Wethers; fls ftd' to Js.fid ; . .' v,, : • Second-grade 'ewps, 2 s 4d to 2a .64. . In. 1 store, sheep there vm an. entry of 11,000.* ,Ehe quality" wm rsrged* op account' ot /the 'dtotoht. *- There w*i ft good demand -for ben* 5 linwl Th'e-hert-pric* tor ,e\w *wa»'tff »« tor/ Sgcfod' four, Blx, wtd eight topths. ~ , n ' Guaraateed .five-year owes, ■ good .5s ,4d., fairly good Ss sd. ~ 1 11 Ewes four-tooth 1 and-' upward*; good -store, condition --4b; iuany.efreff o£vMfious!affea»ls ; to Ss 6d; .several p«tns,ls to M 3d. Lambs — Ss Id; fair, Ss 4d, wVthe'rs-r-Good, 6s; big frame, fc&rd'con'dltion,"6s '7d;" many-pens 8s: to 4s. , „ j tj, -Two-tooth ewes, poor 2s, fair 3s 'sd, 'good' 6s, IA.

ATLAS, MILLING CQ. J % , annual" MEETING. r - *"• " £* ' The forty-third annual mealing of lie Atlas tEvans and Co.) Milling- Company ywas heldat Timaru on Friday. The managing-director (Mr J. "W. Fair), ■■in hilf~report, said:— ' "Before moving the adoption of the report 'and balance-sheet, I wish to refer to one cr two matters thai may be of interest to shareholders. As mentioned un the directors reoort, we have lost the services of the founder of the company, Mr Wm. Evans, who died shortly after the last annual meet*' ins It is not necessary for ine to say t/hat the otrong position of the Compaq today is due almost entirely to his e&orts. Although in the early days of the company he indulged in speculation, his conservative financial .policy in later years has b6en in the best interests of all ooncerned. On Mr Evans's death Mr J- P. Newman was appointed a director. I think shareholders, should be satisfied, with the result of the year's operations, as the figaws justify the payment of the usual dividend. Thepresent position -is rather uncertain, and the gufe look for the futuro obscure, and much will depend on what action Parliament wjll take in regard to the sliding scale of duties. Theee duties, on which the welfare of the, ■wheat-grower and miller depend, have beon , attacked in and out of. the House, and; in the North Island particularly there ik a good deal of agitation for their reduction or' abolition. Ido ndt think, however, any Government would take the risk of making wheat-growing in New Zealand a. non-paying proposition. By doing so, the people of tins, country- would be dependent. on eiie New Zealand for-bread, and-experience -has shown that whenever, there has own. » partial failure of the crops in country, tllo people have had to pay dearly for this product. By encouraging tie growing of wheat the Government foster employmentand at the same time assure the people of New Zealand of a regular supply of an essential article of diet. The price- at which a miller can. sell his flour depend# largely on what he pays for his wheat; «o that a reduction in the price of wheat below, i ductive value would be felt much mow ■acutely T>y the wheat-erower than, the miller. However, the Millers' Committee,' in, ooni junction with' the Wheat-Growers' Qomimttefj;" lis all t]b.ai> is possible ensure uiat

J., >',...) yt e„ sjPj-i ..iti'Sr.*'»li J V *>*■"./■*' *>iS! Jfc mo action;it.-tse& &*fr^as4:W^£»;«*> ' Th» election'of two aiwotw wetted ?»£ Jlesnru w-eleoted' for the «n»uinff''teftt. .">«/!#.? W*? Bevell yfftß elected ;»uajtorNEor tTie^ettsuntir THE DAIRY PRODUCE • : - market. ; .;: v QUOTATIONS FROM LONDON.*-

The New,. Zealand Dairy Produce Board lias received the following market report- from its, London office,'dated February 26th:-^ / * ''BUTTER.--; L ' J M'V New Zealand, salted 130s to 3.835, «*. 124s (last -week 121s to 124s)Y tmsalted 128s to' 180s (126 a to .1808), Ist -whey 118b (116b);, -2nd whey lifla (114*). DeUverips' New. Zea-' land this week 1600 tonsj.rln storq New Zealand this-week ,4900 tdna: (wcludos ,107, t6ns Botorua. Australian, salted llfls, 121 a .to'" 182s (120b to 122 a), uoaalted 132s to 126s (122s to 1265. Deliveries Australian 1702 tons;. In store Australian 1087 tons. Argentine, tmsalted 1225, 128 to J ,128s (120 a to 1265. Market steady. Retail price '• uuchanged.; Nevft Zealand rls «d,: rPa»lsl».?lß6s, 142s t».144a spot, .(141s, H,Bs to lS0s)>; Dutch, unsslted' 144» to 146 a (162s to 1545).. -'Market - quiet. -' Xetail price unchanged. Danish Is 6d. - Empire Marketing Board's estimated stocks all butters - at February 21st, 1981, 800,616 boxes. Estimated imports of butter during February, 80,000 tons. Butter .advance nojv lid. 'Cheese advance 43d.. /-„» 'i-" A v r\fx* ; • I; ? >', !•>',' New. Zealand, 'white, 68a), coloured .68« to 60s <sßa to G9s). De-. liveriies New Zealand this week 17,000 crates. In store New Zealand this week 108,000 •crates. Australian; wfciie?ssa\to-67s.?58s>v« coloured^s7s to 58» (56a to.SOs). > Market : steady, .' Retail''prifcfti. unchanged, fld. ,• Oana4iau, and; colouted 74s *,to 78s (745.t0 '7Bj>).; Market ijUietC l ' Deliver-, ias 8300/ boxes.,. ' fer ! stofe->160,0Q0 Hiax**.' English,' finest fanners <looi> to 108s, (10Qs A to i0651.~ ;s x ■--'"r The Board lias -also received the following advice from its agents «n Canada:—Batter:New York 29 csnta (la Sid), Montreal 318' «•»*• (la 8i«). '' J H -l " ' .v