COMMERCIAL.
NELSON BROS’ FROZEN MEAT
REPORT.
15, Dowgate Hill, London, E.C.,
March "2nd, 1889. New Zealand mutton.—There has been very little alteration in the market since the date of our last report until the past week, when there was a slight decrease in the demand, owing principally to the low rates ruling for American beef, which latter has been in heavy supply, The provincial demand has, however, been well maintained throughout the month at values slightly in advance of those ruling in the London market. Some difficulty has been experienced in disposing of the heavy weight carcases recently received, but the general quality of the meat has been good and saleable. Carcases weighing from 56 to 64 lbs. have been readily deposed of, During the month about 110,009 carcases of mutton and lamb have been received, but present stocks are only about level with those in hand at thia time last year. It will be seen from our market quotations (annexed) that values are rather below those ruling in March, 1888. During the present year, to the end of February, the importation shows an increase of about 56,000cwt5., or about 50 per cent, in excess of the quantities received during January and February, 1888. Comparing the present stocks with those of last year, the level quantities appear to show a most satisfactory increase in the demand. The stock of River Plate sheep in London is only limited, the trade having been largely diverted to Liverpool, Wo quote the present values of New Zealand mutton—Prime selected 4|d per lb.; best, 3|d to 4Jd per lb.; second quality, 3Jd to 3Jd per lb. Sydney mutton—There is none in stock at present.
New Zealand lambs.—The quality of the shipments yet received has been mostly second rate, although some few parcels have been above the average. The demand is at present only limited. Prices ruling are—Prime selected, 6)1 per lb.; best, 5Jd to 6i per lb.; inferior, 4)d to 5Jd per lb.; New Zealand beef.— Most of the shipments to hand have been in first-rate condition and of generally good quality. The demand for this meat still shows a most satisfactory increase, and present stocks should rapidly pass into consumption. We cannot too frequently point out to shippers the importance of grading the different qualities, separating them by distinctive marks. Upon the accuracy of description will largely depend the success of this new developement of" the New Zealand frozen meat trade. Our quotations to-day are—Fores, 3?d to 4d per lb.; hinds, 4Jd to 4|d per lb. It will be observes from me figures opposite, that the import of New Zealand beef shows a very heavy increase, being about nine times the quantity received during the corresponding two months of 1838. Market closes firmer.
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Gisborne Standard and Cook County Gazette, Volume II, Issue 294, 4 May 1889, Page 4
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459COMMERCIAL. Gisborne Standard and Cook County Gazette, Volume II, Issue 294, 4 May 1889, Page 4
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