FREEZING WORKS DISPUTE.

Press, Volume LXIII, Issue 18920, 8 February 1927, Page 10

FREEZING WORKS DISPUTE.

COMPANIES AND FARMERS. "INTERESTS IDENTICAL." (r.'.rss ussocmioN telcgsak.) WELLINGTON, K-bruary 7. T'.j statement that meat freezing companies are more concerned to have industrial peace, irres]x-ctivo of increased waxes, than to protect farmers against increased charges, was flatly contradicted to-day by Mr Milne, ou I: Isalf of the meat freezing companies. The interests of companies and farmers in the question of the costs of freezing, -Mr Milne stated, were common, and freezing companies were just as anxious as farmers to keep down charges. If such were not the case, whv !d companies last year firmly and successfully resist claims made!-' And why were they again resisting the claims made this year? Of course, freezing companies desired industrial peace, as most sensible people did, but not pence at any price. For the past six years, the meat freezing industry hud enjoyed a fair measure of industrial j>oacc. There had been disputes, but these lia<] been adjusted, and in such a manner that there had been no increase in the charges whatever to the farmer. On i'.c contrary generally speaking, charges had been reduced. Mr Milne added that freezing companies wanted to co-operate whole-heartedly with farmers in resisting nnv unfair demands made, and intended to do so to the best of their ability. It was so obvious that their interests were identical that lie was astonished to find any douMs raised on the subject. At any rate, he was pleased to be able to give a Gat, contradiction to erroneous ideas on the subject, which were being circulated in some quarters. CHRISTCHURCH STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. Sales reported .-Wilson'* Comont, 36s Cd; £»tional Insurance, lu- t Dalgety and Co. £ls Sa; Kawarau, 8a Sd (throe parcels). Sales on 'Change :-N.Z. Insurance (cum div.), 37, 6d (three parcels); N.Z. Breweries, 53a; Burns, Philp, iU; Whitcombe and Tombs, 71s 6d. LATEST QUOTATIONS.

OTHER EXCHANGES. (raess asiocuTioa txuoiuis.) AUCKLAND. February 7. Sbaresurkat Sales—Commercial Bask of Anitralia, right*, 9s sd; National Bank of New Zealand, £7 3* 6d; Bank of New Zealand, 59. 6d; Union Bank of Australia, £ls 6i; New Zealand Insurance, 37s 6d; Auckland Ga*. 23* Pd; Northern Steamihip (eon.), 6* 6d; Union Oil. Boap. and Candle, 48*. WELLINGTON, February 7. Sale* Reported—Wilion'e Cement, 86* 6d; National Inmrance, 745; Sooth British-In-surance, 56* 6d. DUNEDIN, February 7. Sales:—Commercial Bank, 31s 3d (ex rights, ex dir.): Kawarau, 3. 3d; Electrolytio Zino,(pref.), 87s, 37* Id.

Buyei •s. d. Sellers. N.Z. GOVT. DEBENTURES—"' £ s. ' a. 4J per cent. Bonds, 1930 96 0 0 *1 per cent. Bonds, 1938 96 17 6 6 per cent. Bonds, 1927 99 5 0 99 10 0 5} per cent. Bonds, 1933 .. .. ; 100 IS 0 &i per cant. Inscribed, 1988 .. 100 17 6 101 8 0 OTHER DEBENTURESChristcharon Drainage, 5i per cent u 1939-73 Cbriatcnurch Drainage, —. 97 10 0 6} per cent., 1938-73 102 0 0 N.Z. Breweries, Bonds 1 4 3 1 4 9 BANK8Adclaido 9 5 0 Aunt. Bank of Comm. 1 12 9 Australasia 14 9 0 14 n 6 Comm. of Auat. 1 12 ;! 1 12 9 Com in. of Aust. (rights) 0 9 5 0 9 6 Couim. • of Sydney 20 5 0 — National of Australasia (£10 piiid) — 18 8 6 National of Australasia (£5 paid) — 9 5 0 National of N.Z. 7 1 3 7 2 6 New South Wales (cum div.)) 18 15 0 49 12 6 Now Zealand 2 19 4 3 19 6 New Zealand (mortgage shares) 0 11 7 0 11 11 Union of Aust. 15 1 9 1# 6 IS 6 6 Victoria (ord.) 6 10 0 0 Western Australian 3 17 9 2 18 9 IN8UBANCEMercanlila Mutual 1 6 0 1 7 3

National — 3 14 3 New Zealand (cum div.) 1 17 4 1 17 6 Queensland South British 3 15 2 15 9 9 3 17 2 IS 0 6 Standard 3 16 9 — LOAN AND AQBNCYDalgety and Co. 15 1 6 15 S 0 Goldsbrough, Mort - .. 3 10 5 3 10 9 Mutual Benefit 13 0 0 — National Mortgage 3 0 0 3 6 0 N.Z. and River Plato 1 * 0 — SHIPP1NGHoward, Smith 1 13 0 1 12 9 • Huddart-Parker 3 R 6 2 7 6 P. and 0. Deferred ..361 0 0 373 0 0 Union (pref.) 1 0 0 — FROZEN MEATCanterbuiy (pief.) •, 4 13 0 4 17 6 N.Z. Refrig. (paid) .. 0 13 11 0 14 1 N.Z. Refrig. (contr.) .. 0 5 9 0 6 2 WOOIjLENSKaiapoi (17e paid) 0 9 6 0 10- 9 Kaiapoi (7a paid) 0 3 0 0 3 9 Eaiapoi (pref.) .. 0 14 6 0 16 0 COAL- . Stockton (pref.) .< — 0 2 0 GASAuckland (cum div.) .. — 1 4 0 Christchurch (cum div.) 1 5 7 1 5 11 Timaru 6 17 6 — Wellington (cum div.) 1 6 0 ~~ BRBWERIESCrown — 0 16 6 Manning 1 0 0 1 0 3 Monteith's 1 0 0 1 2 3 New Zealand — 2 12 G Staples •• 1 17 0 1 18 0 CEMENTSWilson'e 1 16 0 I 16 G M1SCELLANE0USAllied Motors — 1 S 6 Beath and Co. l n 0 1 13 3 British Tobacco 2 12 3 2 13 0 Burns, Philp 3 1 0 2 2 0 Eclipso Petrol (ft pd.) — 0 13 0 Electro. Zinc. (ord. cum div.) . 1 16 0 1 17 0 Electro. Zino (pref. cum div.) 1 16 11 1 17 1 Glenmoro Brick (cum div.) 1 9 0 1 12 6 Hume Pip* (Anal.) — 1 0 0 Maion. Struthers (£1 paid) 1 1 3 I 2 0 Maion, Struthera (Hi paid) 0 14 6 0 15 0 ■ Mason, Struthera (10s paid) 0 10 0 0 10 9 Merc. Finance (£1 paid) — 0 19 6 Merc. Finance (5s paid) 0 4 0 0 4 8 N.Z. Drug Co. 3 7 6 3 10 0 N.Z. Farmers' Co-op. (6J per cent. Stock 1930) .75 0 0 80 0 0 N.Z. Farmers' Co-op. (6} per cent. Stock 1931) — 78 0 0 N.Z. Guarantee Corpn. 0 10 2 0 10 5 United Pictures 111 0 2 0 0 VThitcombe and Tombs 8 11 6 — MINIXGEawaran 0 3 3 0 8 5 Mt. Lyell 1 8 4 1 8 7 Waihi — 0 17 3