SMITHFIELD MARKET

Press, Volume CVI, Issue 31119, 23 July 1966, Page 18

SMITHFIELD MARKET

Lower Prices For Lamb (N.Z. Press Association) WELLINGTON, July 22. Trading for most commodities was steady on London's Smithfield market this week, the New Zealand Meat Producers’ Board market information reports. There was a reduction in quotations for New Zealand lamb. The main grade (29 to 361 b) was down Id per lb on last week. New Zealand mutton continued in light supply at slightly easier prices. The main grade of hoggets (49 to 561 b) sold at 18d to 19d per lb and wethers at 17d to 18d per lb. Ewes were not quoted. Price Range Quotations for New Zealand lamb:—

Latest Indices are:— New York.—Dow Jones: 1965 Rails. Indust. Sold Dec 31 257 48 960 26 7.240 000

Prime— Price d. per lb Var’n d. per It 281b and under 27J-28J —- j 29 to 361b 25i-2«i —1 37 to 421b 24J-25 —1 43 to 501b 23J-24 FA Q — 281b and under 27J-28J 29 to 381b 26-264 —1

INDICES

1966 July 20 225.89 874.49 5,470,000 Feb y 264 SZ 995 15" 9.Z6U.UIIU July 19 227.35 884.07 5.960,000 July 20 225.89 874.49 5.470,000 July 21 224.89 873.99 6.200,000 London. — Financial rimes <in dustrial ordinary. 1935, equals 100, Government, 1926, *quals 100 gold. 1955, equals 100 T 1964 Indus! Govt. Gold Od 1 .. 377 8* 82 15 56 4 1965 Dec 31 .. 339.7 78.74 60.5 1966 July 19 .. 337.6 73.98 59 6 July 20 .. 332.4 74.05 59 7 July 21 .. 336.0 74.47 59.9 Sydney. —Sydney Stock Ex change (July. 1931 June. 1939. equals 100): 1964 Retail Ord Indust Feb 27 . 472 60 392 21* 395.24 1965 Dec 30 . 360 16 320 76 353 45 1966 July 20 . 350.57 294.83 374.82 July 21 . 350.64 294.86 375.01 July 22 . 347.59 292.89 372.56 • Peak