THE C.C. AND D.C., LTD.
MARKET REPORT, AUGUST 2, 1907. The situation in the Smithfield market is practically unchanged since our last report was issued. The demand is anything but brisk, and there is a jtendency downwards in respect of the value of frozen meat.
The supply of meat has not. been { heavy, the quantity pitched being only about three hundred tons in excess of last week; the increase was chiefly chilled' ."beef from America. Scotch iand English sides are a little ciasiei' the former making 6d to 64d per lb.. and' thie latter s£d to 5 5-8 d per lb., • •winch is ia decline of £d per lb., when compared with last: week's values. , Chilled: beef is still in comparatively short simply. North American hinds are worth. s£d to 6d per lb v and forequarters 3fd to 3 7-8 d per lb. South American chilled shows a further dedine on the value of the hinds, which may be quoted at 4Jd to 5d per lb. Of chilled fores thiere are not sufficient on hand to give a- quotation. I Home-bred mutton of the best quality is mather short, prime English being sold .at 6£d to 74d per lb., while Scotch mutton is making 7^l to 8d per lb. This is a sliglit advance on last quotations. New Zealand1 Mutton.— There have
beten no fresh arrivals during the week, but the supply now on hand is more than sufficient for present requirements. A large quantity of ewe 6 tare being marketed at 3d per lb. This makes it rather difficult to lieep up thie value of the other grades of mutton. Canterbury [sheep are selling at. old rates, and are j quoted at 4*d to 4£d per lb., the light I weights as usual being in greater demand. North Islands are a little weaker and are selling at 3|d to 3 7-8 d per lb., thus declining Iby l-8d per lb. during the week. The heavier grades are only making about 3£d to 3 5-8 d per lb. South American Mutton The'onlv arrival during tihe week has been the Highland Laird, bringing 27.994 carcases. Efforts have been made'to maintain values at last week's prices, but this has not been possible owing to the weakness of some large holders. Present quotations are l-8d per lb. lower. Prime light sheep are making 3£d to 3 3-8 d per lb., while the heavier grades are selling as low as 3dl p?r lb. Ewes are selling at 2 7-8 dto 3d per lb, which, owing to the slowness of trade, has had a tendency to pull down values. Australian Mutton.—The s.s. Orient has just arrived with 5,994 carcases. Today's quotations range from 3d to 3^d 1 per Ib.; the latter figure would only be obtained _ for a selected few, the demand being very limited indeed. I Frozen Lambs.—Stocks have only been increased by 600 carcases which arrived by t!he Orient from Australia. Notwithstanding the large quantity which came to hand last week from New Zealand, the demand was quite equal to the supply, and values have been well maintained. Prime Canterbury® are making s|d to 5 3-8 d per lb., and North Islands 5 l-8d to s^d per lb. Australian lambs are being marketed .at 4 7-8 dto 5d peir lb. Frozen Beef.—The week's arrivals are 2,002 quarters froon Australia and 12,134 quarters per the Highland Laird1 from South American ports. The demand for £rime quality hinds is brisk and values are been well maintained., but on the otter hand the fore-quarter is not in jnuch demand at this season of the year. New Zealand hinds are quoted 3 7-8 dto 4d per lb. for prime quality, inferior grades would be fully £d per lb. cheaper, Fores are making 2 7-8 dto 3d per lb. South American hinds command 3|d to 3 7-Bd. per lb., and fores 2 7-8 d to 3d per lb.
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Wanganui Chronicle, Volume L, Issue 12144, 23 September 1907, Page 2
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650THE C.C. AND D.C., LTD. Wanganui Chronicle, Volume L, Issue 12144, 23 September 1907, Page 2
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