SMITHFIELD MARKET

Wairarapa Times-Age, 11 March 1939, Page 3

SMITHFIELD MARKET

LOWER PRICES STIMULATE LAMB CONSUMPTION. HEAVY SUPPLIES OF CHILLED BEEF. Lamb market: Lower prices have stimulated consumption which is now good for the time of the year. Mutton market: Wethers, new season’s show improved prices, but demand quiet. Ewe trade remains slow. Beef market: Frozen beef, prices unchanged; trade fair. Chilled beef, prices weaker on the heavy supplies. N.Z. porker pigs: Lightweights - easier; heavyweights dearer on the short supplies. N.Z. baconer pigs: Firmer owing to higher prices Continental bacon. Boneless bobby veal: Unchanged, with poor trade. The above report was received by the Meat Board from its London office, which advises that the following are the ruling prices of wholesale quantities of the descriptions of frozen meat mentioned and are for representative parcels of the goods sold on Thursday. Chilled beef prices are averages of the week. All prices are on the basis of delivered to Smithfield market. Prices for the previous week are shown in parentheses:— New Zealand sheep: Crossbred wethers and/or maiden ewes, 481 b and under, 4Jd (4 5-8 d); 491 b to 561 b„ 4 l-8d (3gd);s7lb to 641 b, 4d (33 d); 651 b to 721 b., 3 5-8 d (3 3-8 d); ewes, 481 b and under, 2,?d (2fd); 491 b to 561 b, 23-8 d (23-8 d 571 b to 641 b„ 2Jd (23d); 651 b to 721 b, 2 l-8d (2 l-8d). New Zealand lambs: Canterbury, 361 b and under, 7 l-8d (73d); 371 b to 421 b, 7d (7 l-8d); 431 b to 501 b, 6 7-8 d (6 7-8 d); second quality, average about 31 lb, 7d (7d); other South Island, 361 b and under, 7 l-8d (not quoted); 371 b. to 421 b, 7d (not quoted); 431 b to 501 b. 6 7-8 d (not quoted); North Island Downs, 361 b and under, 7 l-8d (7 l-8d); 371 b. to 421 b., 7d (7d); 431 b to 501 b., 6 7-8 d (6 7-8 d); second quality, average about 301 b, 7d (7d); North Island, first quality, 3jlb and under, 7d (7d); 371 b to 421 b, 6 7-8 d (7d); second quality, average about 311 b, 6 7-8 d (6 7-8 d). Australian lambs: Victorian, .first quality, 291 b. to 361 b, 6jd (63d); 371 b. to 421 b., 6d (6 l-8d). Argentine lambs: First quality, 361 b and under, 6d (6d); 371 b to 421 b, 5 5-8 d (53d). ♦New Zealand frozen beef: Ox hinds, 1451 b to 2101 b, 4d (4d); ox fores, 1451 b to 2101 b, 3d (3d). * Australian frozen beef: Ox hinds, 4d (4d); ox crops, 3d (3d). New Zealand porker pigs: First quality, 611 b to 801 b, 7 l-8d (7jd); 811 b. to 1001 b., 6 5-8 d (6 5-8 d); 1011 b to 1201 b 6 5-8 d (Gid). New Zealand baconer pigs: 1211 b. to 1601 b, 6 3-8 d (G’d). Boneless bobby veal, ex store, in parcels, 4 l-8d (4 l-8d). New Zealand chilled beef: Ox hinds 4 ; Jd (sd); ox fores, 3d (3 3-8 d). Australian chilled,beef: Ox hinds, 4 l-8d (4 7-8 d); ox crops, 3d (3Jd). Union of South Africa chilled beef: Ox hinds, not quoted (s]d); ox fores, not quoted (3|d). Southern Rhodesian chilled beef: Ox hinds, 3Jd (4d); ox fores, 2jd (3d.) Argentine chilled beef: Ox hinds, 53d (6d); ox fores, 3Jd (4d). Uruguayan chilled beef: Ox hinds, 4?d (5 3-8 d); ox fores, 3 3-8 d (3 5-8 d). Brazilian chilled beef: Ox hinds, 43d (5 l-8d). *New Zealand and Australian frozen beef quotations second quality. This week’s wether quotations new season’s; ewes, old season’s. BROKER’S REPORTS. Levin & Co., Ltd., have received the following cable from their London agents dated March 9: Compared with fast week’s quotations, crossbred lamb 36/421b, l-8d a lb lower; wethers, under 481 b, l-8d higher; 43/561b, 3-8 d a lb. higher; 56/641b, |d a lb higher; 64/721b, fd a lb higher; others unchanged. Prices of wethers are new season’s. The market is steadier this week, but it is doubtful whethei- it has reached its lowest level.