FROZEN MEAT

Press, Volume LXXI, Issue 21413, 4 March 1935, Page 13

FROZEN MEAT

SMITHFIELD MARKET HEAVY-WEIGHT LAMB EASIER The New Zealand Meat Producers' Board has received the following cable message from its London office, dated March 1, advising that the following are the approximate average prices realised for the week, 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.) Per lb. Mar. Feb. Feb. 1. 22. 15. d. d. d. N.Z. SheepCanterbury' & North Island selected crossbred wethers and maiden ewes: 48 to 561b .. 5 5 a s 57 to 641b . . 4;; 4A 4; 65 to 721b .. 4/. 4.s 4. North Island: 48 to 561b .. 5 5 :>„ 57 to 641b .. 4„ 4.1 4,' 65 10 721b . . 4i 4;| 4,, Ewes — 481b and under 4 A 4', 4 48 lo 641b . . 3 A *i ; '-.' 65 to 721b . . 8 S 3', 3.1 N.Z. Lambs — Canterbury: 361b and under 7 7 7,1 37 to 421b . . 0; 7 7,1. 43 to 501b . . 6 : ; 7 7A Second quality: Average. 321b . . 6s li i ( '« Selected North Island brands: 361b and under 7 7 i s 37 to 421b . . 6A" 7 7 A 43 to 501b . . 6 : i 0; 7 Second quality: j Average. 321b . . 6A 6 : ; 6.; Other North Island brands: First quality: 361b and under 0 : ; 0 : ; 7 37 to 421b . . 6;": 6-; 7 Second quality: ! Average. 321b . . 6.'. 6.', 6« j Australian Lambs— I Victorian Ist quality: 361b and under 61 6!; 6.'. | 37 to 421b . . 61 6;; 6.', j Argentine Lambs 361b and under 6i 6', 6; j 37 to 421b .. 6 61 0;N.Z. BeefOx lores . . 2A 2; 2; : Ox hinds . . 3; 3 ■; Argentine Chilled BeefOx fores . . 3A 3 A '■'> 1 Ox hinds . . 5 4 j 5 Australian Frozen Beef — Ox crops, over ! , 1001b . . .'•!'. 3A 3', | Ox hinds, over 1601b 3; 3; N.Z. Prime Porker Pigs--60 to 801b . . .V.; 5 ■ 5 A 81 to 1001b I; •"> 5 101 to 1201b . . 4; 5 5 N.Z. Baconcr Pigs—--120 u> 1601b . . 5- .'»,' :>A Lamb Market—Steadies; price;- unchanged for light-weights. with heavy-weights slightly easier. Lower prices stimulating consumption. Mutton Market—Wethers: Better; trade for light-weights-others dull.: Ewes dull, with prices easier. r Beef Market-Low prices chilled, beef atTcetmg demand for frozen heel', j New Zealand Porker Pigs-Trade slow. with prices of heavy-weights ; lower. New Zealand Baconcr Pigs --Market j steady and unchanged. '

Equivalent New Zealand Parity The New Zealand Meat Producers' Board supplies the following tabic. giving the equivalent New Zealand parit\. liter deducting all costs, including selling coinniis.sion. The costing is based on to-day's estimated skin values and includes exchange at current rales. The calculation is on the basis of a prime woolly lamb woighine,, say 341b, delivered at frcc/.in-i works: - If price delivered N.Z. overall parity toSmithlield is delivered at works f approx.i per lb per lb d. d. 7 (i.!),", (!; C,.iY.i (>V fi.Oil In the above estimate the cost of killing, free/in.!/ and placing on board steamer is based on a charge of ,575 d per lb. The Hank of New Zealand has received the following advice from its London ollicc as at the close of business last week:--The market is firmer for lighter weight wclhcrs. The market for ewes is dull. There is a belter demand for lambs, and the; market is steady. Per lb. Wethers— d. d. Light .. ..4.1 1.0 , r )jj Heavy .. .. 3:; to 4', Ewes .. .. 2i to 4 Lambs—2's .. .. (>•' to 61 B's .. .. (!•'• (o HI 4's .. .. G : ; to ()■ Seconds .. .. 61 to 6'; ENGLISH WHEAT MARKET

(Received March 3, 6.30 p.m.) LONDON, March 2. Wheat cargoes are firm. Futures —London: April, 20s Id a quarter; June. 20s 10d. Liverpool: March, 4s 7d to 4s 8d a cental; May, 4s Hid: July, 5s 2d. CHICAGO ITTI RES NEW YORK, March 1. Chicago futures are:— Cents a bushel. Feb. 23. Mar. 1. May .. . . .%•; 07j July .. .. fll.', 92;] September . . 90« 91 i New York (cashj) .. TIN SUPPLIES i Received March 3, 6.30 p.m.) LONDON, March 2. The world's visible tin supplies are 18.105 tons. The Straits carry-over is 1197 tons and the supplies 11.580; deliveries 6756 tons. SALE » A catalogue of 13 horses was offered to a big audience at H. Matson and Company's monthly sale, held in Tattcrsalls Horse Bazaar, on Saturday. It was evident from the outset thai there was a strong buying force for all classes of horses, and practically all lots changed hands at prices in advance of vendors' expectations. Implements were also offered.

The following were the principal sales:—On account Mr Wm. Vaughan (Yaldhurst), brown gelding, £35; bay mare, £37; brown mare with i'oal at foot, £46; T. Moore (Rakaia), black mare, £l4 10s; W. Boyer (Innes road), bay mare, £l3; W. Munro (St. Albans), grey mare, £3 10s. Drummond harrows, £6 ss: threeleaf harrows, £4 ss; D.F. plough, £l7; McCormick binder, £ls; tip dray and frame, £G. A large amount of harness and sundries was also .submitted at auction.