LONDON MARKETS

Sun (Auckland), Volume III, Issue 881, 27 January 1930, Page 10

LONDON MARKETS

PRICES AT SMITHFIELD LONDON, Saturday. The weekly quotations for the undermentioned classes of frozen meats are based on actual sales of wholesale quantities of carcases of mutton or lamb, or of quarters of beef delivered to Smithfield market and/or ex London stores. They are compiled by the Quotations Committee, Smithfield. To arrive at the equivalent ex ship values one farthing a lb should be deducted from the prices quoted below. Quotations given represent the average for the week and are not selected lines, but for parcels fairly representative of the bulk of the shipments now on offer. New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 4Slb to 561 b, 7 3-8 d a lb; 571 b to 641 b, 7 l-8d; 651 b to 721 b, North Island crossbred wethers and maiden ewes, 481 b to 561 b, 7 3-8 d; 571 b to 641 b, 7 l-8d; New Zealand ewes, 481 b to 641 b, sid; 651 b to 721 b. sd. Australian Sheep First quality crossbreds and/or Merino wethers, 401 b to 651 b, 5 7-8 d; second quality, 52d; Australian ewes, 301 b to 551 b, 5 l-Bd. New Zealand Lambs.—Selected North Island brands, 361 b and under, 11 l-8d; second quality, average 311 b, 9 7-8 d; other North Island brands, first quality, 361 b and under, 102 d; second quality, average 311 b, 9 6-Bd. Australian Lambs. —Victoria, first quality, 361 b and under, 94d; 371 b to 421 b, 9£d; other States, first quality, 361 b and under, 9id; 371 b to 421 b, 94d; Victorian, second quality, 361 b and under, 8d; other States, second quality, 361 b and under, 7 7-8 d; all States, third quality, 7£d. Argentine Lambs. —First quality, 361 b and under, B£d; 371 b to 421 b. B£d; 431 b to 501 b. B£d. Australian Frozen Beef.—Ox crops, over 1001 b, 5 l-Bd. Argentine Chilled Beef. —Ox fores, 1601 b to 2201 b, sid; ox hinds, 1601 b to 2201 b, 7 l-Bd. New Zealand Pigs.—First quality. 601 b to 1001 b. 102 d; 1011 b to 1201 b, lOd; other unchanged. COTTON, RUBBER AND JUTE Last week’s prices are given in parentheses.) Cotton. —February delivery, 9,lid (9.17 d) a lb. Rubber. —Para, Sid (8 l-8d) a lb; plantation and smoked, 7£d (7 9-16 d). Jute. —February-March shipments, £26 17s 6d (January-February, £27 7s 6d) a ton. Copra.—February shipments, South Sea, £2l 15s (£2l 10s) a ton; plantation, Rabaul, £22 (£2l 15s). Linseed Oil.— £44 15s (£44 ss) a ton. Turpentine.—42s 6d (42s 9d) a cwt. HIDES Meatworks dry-salted, Queensland, 351 b to 451 b, 301 b to 401 b, 251 b to 351 b, 201 b to 301 b, all 7 6-8 d; New South Wales, same weights, B£d, B|d, B|d, 9d; Wet-salted, Queensland, 501 bto 601 b, 5 5-8 d; 401 b to 501 b, s£d; New South Wales, both weights, 6 3-8 d; Victoria abattoirs, both weights, 6d. BUTTER AND CHEESE BOARD’S WEEKLY REVIEW The New Zealand Dairy Produce Board has received the following market report from its London office, dated January 24, prices for the previous week being given in parentheses: Butter New Zealand: Salted, 1545, 1565, up to 158 s (152 s to 1565); unsalted, 168 s to 1725, exceptional 176 s (168 s to 1765); first whey, 148 s (148 s); second whey, 146 s (1465), 154 s to 156 s equals approximately Is 3d, f.o.b. Deliveries New Zealand this week, 1,600 tons; in store, 5,980 tons (last year, 3.050 tons). Australian: Salted, 151 sto 154 s (148 s to 1525); unsalted, 154 s to 158 s (154 s to 158 s). Argentine: Unsalted, 150 sto 152 s (150 s to 1525). Danish: Spot. 172 s to 173 s (169 s to 1725); f.0.b., 166 s (1625). Dutch: Unsalted, 174 s to 176 s (170 s to 1725). Siberian, 148 s to 1525. Polish: Salted, 140 s to 146 s (140 s to 1465); unsalted, 142 s to 148 s. Market steady. Retail prices unchanged. Cheese New Zealand: White, 90s, 91s up to 92s (85s to 87s), (last year, 925); coloured, 88s, 89s up to 90s (83s to S4s), (last year, 94s to 955). 90s to 92s equals approximately 8.36 d, f.o.b. Deliveries New Zealand this week, 29,853 crates. In store, 56,271 crates (last year, 57,000 crates). After heavy buying earlier in the week the price of cheese increased. Retail price, Is. Australian: White, 89s; coloured, 87s to 88s. Canadian: White, 97s to 100 s; coloured, 87s to 88s (96s to 98s). Deliveries Canadian, 4,300 boxes; in store, 156,000 boxes. Deliveries last year, 4,700 boxes; in store, 85,000 boxes. English: Finest farmers’, 110 s to 116 s (110 s to 116 s). Merchants’ Reports Merchants report receipt of overseas cables as follow: Newton King, Ltd., from R. and W. Davidson, Ltd., under date January 24.—Butter: Market steady: salted. 153 s to 1565; unsalted, 168 s to 1725: wheys, firsts 148 s, seconds 146 s Cheese: Owing to heavy buying during the week, prices have now advanced; coloured, 88s to 90s; white 90s to 925. W. Weddel and Co., from London, dated January 24: —Danish butter. 1725; New Zealand, unsalted, 170 s to 1745; New Zealand, salted, 154 sto 1565; market steady. New Zealand cheese, white 90s to 91s, coloured 88s to 89s; market steady. Canadian cheese, white 97s to 100 s. coloured 96s to 98s. __ ABOARD THE ULIMAROA 44 YOU NEW ZEALANDERS! ” During a recent trip nf the “Ulimaroa” to Sydney a New Zealand business man shared the cabin with an Australian. One rather chilly night the New Zealander pulled a bottle of Baxter’s Lung Preserver out of his bag. and proceeded to take a good dose, much to the amusement of the Aussie. “You New Zealanders seem to make that stuff part and parcel of your baggage—you always carry it around with you,” he remarked. The' Australian was right—most of the people of our Dominion have absolute faith in that splendid old remedy, “Baxter’s,” and use it at home and abroad as a preventative and remedy for coughs and colds. Baxter’s Lung Preserver is obtainable at all chemists and stores; gen-erous-sized bottle, 2s 6d: economical family size, 4s 6d: and the handy size for packing in your bag, Is 6d. .4