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Auckland Star, Volume LIV, Issue 81, 5 April 1923, Page 8

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FROZEN MEAT STORAGE. A DRASTIC REVISION. (By Telegraph—Tress Association.) WELLINGTON". Wednesday. I The Meat Producers" Board has received advice from the Port of Manchester author!, ties that there has been a drastic revision Jin the handling rates from alongside tb» ship for frozen meat and other produce, resulting in a considerable reduction. Storing, including one ucek's rent, has been reduced from 26/ a ton to IB.' a ton. and 3,6 a ton per week after the first week. LONDON WHEAT MARKET. (Received 12.30 p.m.) LONDON. April i. Wheat.—Small shipments nnd the industrial unrest have given cargoes a tirnier tone, sellers asking threepence to sixpence advance Parcels are firm and quiet, with II similar rise— iA. and N.Z. Cnble.i ALCOHOL IN" IXDCSTRY. The consumption of indu.«trial alcohol in ( a mala is now something like 2.250.<» i gallons per annum, having" doubled in the last five years, with a fair prospect thst the present figures will he largely Increased, if not doubled during the" nest halt-decad". New formulae are" constantly being prepared for various industries by experts in the employ of the Canadian distilleries. The major portion of the present output of industrial alcohol is absorbed by the ph .ruiuceutical. chemical. vinegar, paint and varnish, furniture and cahlnet running- industries, but there is a variety of smaller users. More than half the present ennauraption is supplied by a siugH company, which operates distilleries at Belleville and Trescort. in Ontario, and at Ste. Hyacmthe. Quebec This concern haJ only one important competitor at the present time, but a number of smaller companies are also making industrial alcohol, rhe capacity of existing plants, according to a Montreal correspondent of tM "Times." is more than sufficient to supply present requirements, but the companiel are showing moderate profits from the preduel ion of industrial alcohol, while tho beverage branch of the business Is operat. mg at a capacity on a profitable basis. Tint availability in the Dominion of hvdro-elec-tru- power in practically unlimited quantities has- made possible the development nf a very laree industry manufacturing heavy chemicals.. The Canadian plants making these products not only supply the horri» market, hut have also built up a large export business. Victoria should be In a position to take her proper place in this and many other manufacturing industries when cheap electric current from the Morwel. brown coal field is available. C.I.F. CONTRACTS. Discussion is taking place in London a» tn the desirability of altering the usual wording of c.i.f. coutracts. in v'ew of the judgment delivered by Mr. Justice Bailhache some little time ago to tb° effect that under the existing foim the documents tn be tendered by the sellers must include a policy for Insurance. One proposal which has been considered by the merchants' committee of the Loudon Chamber of Commerce is that merchants should be recommended to alter the wording so that the contracts should provide for tho delivery of "a policy and or certificate of insurance." The council of , Melbourne dnmber of Commerce recommends this suggestion to the attention of its members. WOOL MA.NTFACTI'RES. Mention of the possibilities of Australian riia ry to Bradford was made by Mr T. C. J'X {-''airman of the firm known as *• Jn'J," 1 ", Ta >' lnr - of Batlev. at the annual HS; '*" "mpl»ree.s. Mr. Taylor said ciofw, V? a lnnK Ur n" bofor " Australian hose r I' !fi '/:f»-ers would forniidal.lv rival those of R.adforc], Presiding at Ihe annual Inere" l^. 0 rV"' """"'"'"''i Chamber nf COW w,°' ir np,,ry "'bltel, i S ai,i that rtur'lrs'" 'V' St , ' V ™ r tho "'"■' Hen ami worsted industry bar] reco>-ero,| tn i r»"i kabie extent from trade depression. Manufacturer* and merchants bad not been s„ well eni,V,f « as . f ' r! 'er branches nf ,i„, industry. mL thPy ba ' l h: " 1 sit: "* "' gradual mproi-enient. Owing to ey-hangc diHlcnlentarW ?uW£ %^ U ™'!? r Uina : t ' i! ". present T h- political situaflon" in'Kurope port 't l rao"e ,0r , re ?V' ff .f r " r>OU ,hp >'»™ PV port trade, ami Bradford traders we,-e much '""' erred, watching the tren.; of events iv franco and Germany anxiously