FROZEN MEAT.

Press, Volume LXVII, Issue 20257, 8 June 1931, Page 12

FROZEN MEAT.

QUOTATIONS FROM SMITHFIELD. (Received June 7th, 5.5 p.m.) , j 1 ' LONDON, JUDO 6. •' The weekly quotations for tioned classes of froten. mea f'.. f . tual sales of wholesale cases'of mutton n rtet and/or ex delivered to Stnithfleld . '»«*£* ana/or London Bt ( o '' oS ' Ol^ e tio ng Oomm?ttee, Smith'°V. 8 Strive W equivalent ex-ship values • neld. , • To nrrivs. »* vh . » j. Am thA t>riccs id per lb. should bo fr 9 m «ie •'??' ttted - v eloW *j^■' nre"tot for selected lines,, bulk'of-the shipments'now-.on .offer.

New. Zealand: Sheep. Ewes; , . , .. 55 48 to st>lb ■• ' • ' g 57 to G4tt> 4| 05 to 721b -. "• North Island— . . - 5 43' to 561b * • 48 57 to 641b •• . ' • 42| . 05' to 721b •• Ewes: • . ' .. 42 Under 481b •• . • *' .. 4 48 to C4lb . • • ' 05 to 721b • • Australian Sheep. First Quality Crossbjeds «nd/or Merino Wethers —- 4 40 to 651b *' Second Quality: 4 ■ SO to 551b .• •* Ewes: ■ ... 4 . yolb to 551b . • . v Argenttao Sheep. Ifirst Quality Crossbred Wethers—--48 to ,641b' .. • • ax .65 \to 731b .. „•••_ Over 72lb —nouo offering. Pata<onlan Steep. Wethers: and/or . Maiden Evros— Under 501b .. . •• *4l SO to 601b '.. • • ** ' . Entcs — „ ... Si 40 to 50!b .. •• " . * • ■ 1 New Zealand Lamb. . f Canterbury— * 71 361b and under • • •• '• D 7 to 421b .. ~ •*. if 43 to 501b .. .*• . , a Second quality: <ti Average 301b •• : Other South'lsland Brands— . «a 361b and under .. •• '* 37 to 421b .. • • '•• if ,48 to 501b .. •• . ,' * • '■ Selected, North Island Brands, . inelnding Mp»;«s— , - 361b and under •• •' 2, U7 to 421b .. ' "7! 43 to 501b ... • • •• '* Socond Quality: «» Average '3olb .. •• » Other North-Island BrandsFirst Quality: «i SClb and under " ■ ii ,37 to 421b » . , - •' Second ■ .« Avcrago SOlb •• •• • Australian I<ambs.. Victorian — First Quality: 6 , 361b and under •• •• 37 to 421b .. Pfl Other States — First Quality: .« 30lb and -under • • • »• 37 to 421b .. • • *'. Victorian — Second Quality: 361b and under •• Other StatesSecond Quality: • • 86tb and under • • * * All-States —...... .. « Third quality . " Arg«mlso,X>w)M. , First Quality.;- , - , , ■-■-■< ai. 861b and under • » " 37 to 431b -.. • • • • 2. 43 to 501b » * yatagoniaa Ifimhs. First Quality: e - 361b and tmdei 87 to .... ■ • •• 01 Second Qualify:-, ■. ..w u " ftfA,verago tiOlh. * -•' . * New Zaal&nS Ttoutt JBwf. Os'jftrii and Os-^inds— none - v- '' AnWtaliaa Proicn Boof. Ox Crops: ; •- «' - Under lOOlbi.. •• • %. Over 1001b vi • •• •• fP_ Oi Hiod*:. ', . \V. . Under.l6olb . **. la Over 1601b • '» BS ■ • , Argentine OhllleS Beef. , . , Os Fores; * . -'. \ 160 to 2201b . Ox Hinds: , . ' • .1 . 160 to 22plb . y,- *' * Jtcw'Zealind *i«s. Fir»t t l^ y i 3olbi average SOlb •• 5| 111 to 1201b 1 ■ • * •

The Sank of New Zealand lias recofcredthe following advice Iroau-its. London, office «s at the close of business last weelt:— - ■ The, market for wetter mutton i» firmer and for. first quality « tead y--\T~* market for ewesi® •becoming flroicr to small supplies avatlahle. "tte market fw lambs has improved <r«h<?hpnf mand and prices-are a shade market Js depressed owing, to absence ol ae mand. Quotations: < a. d. 'Wethers,; liffht, 54 .t° . ■ ' Wethers, heavy * ' Ewes ..'-81 to-44". 1 Lambs. 2's •• . •« 7i to .8. , Lambs, B's .. •• ?• to JS I Lambs, 4's .. .. 7 to 71 Lambs,seconds ~ 6| to 7_ j Ox hinds .. .. 34 to 34 Ox fores ... •• 21 to Si ■ Cow hinds ' •• 3_ to 31 Cdvr fores .. .. 2i to 25 ROYAL EXCHANGE | - ASSURANCE. ~ J LAST. YEAR'S BUSINESS. ( i'! 7! The report' and accounts for the year ended December 31st, 1930, ot the Royal Exchange Assurince, which < was ' in 1720, show that in the fire department ,the net premiums for ihe'.year amounted to' £1,685,441, ~ and with interest the -total; income was The'losses,'.after providing for all-claims-known to have occurred •on or " before December'3ist, amounted:*.-to': £845,137.. The'.commission 'was £337,364, 'and 'tho expenses of management, l including taxes, w&0'*8889,745. • The profits for the. year is £172,912. The, flro fund ndw amounts to <£1,274,177'. ' - ' t , The tiet v premiums in . the marine . department ai4otac,ted ,to -£652,893, and with interest ,the total income was £672,723. , The i losses poldi in respect of 1930-andiprovious, years amounted - to £602,438, and^the expenses of. management wore .'£91,133. The marina .fund :.standa at £980,988.. . The notpremiums in-the general, accident'department amottnte'dSto £1,261,500, and 'including in--1 torejt,-'the -Income was £1,295,3,39. = The losses > paid -amounted to £219,606,' and the expensos 1 of manitgeiA6nt totalled £284,960. The.profit for tho yoir in this 'department was £73,216, and Nthe'general-accident -fund now stands at £1,129,600. The profit* and loss account f showß a - credit -balance of £1,059,878, anil the' dividend for the* year is 27 per ceht., 1 less income tax., The paid-up capital of the I company is £946,978, and the investments' in -gilt-edged securities total £14,831,086, the r cash von deposit - and. hand -.- aggregatee £506,983, tho total assets being £17,188,01^.. ' PROPERTY SALES. Messrs -Evans and: Bull, land agents. .and: auctioneers, 63 Cathedral rquaw, Christcliurch, report having sold - since their -last • report on May Ist, the following properties. Account Mr T. S. Maskew. 118 acres liJ.P. ot PuaHa, Little River, with all improvements arid etock, to Mr C. K. Elliott: also account Mr J, Milligan, acrea with tm-1-icvt.ments, Crown leass, . upper Fendalton, to Mrs Lawrence; also account Mr G. CSmitb, 666 acres'at Okford. with all improvements, to Mr F. Walshaw; obo ! account Mr A. Magon, 85J acres, Clarkville, with all improvements, stock and plant, as a going concern, to Messrs Popplewell and English; alio account Mr-J. waller, 105 acres, Loburn, with all improvements, to Mr K. Jury ; also aocount ; trueteo late J. - Hiirt, 274 acres Crown lcasn, Sherwood, Methven, witli c-U improvements, to Me D. J. Doak;' also account Mrs A. -L. Christonaea,'ls-acres, Uppar. Fendalton, With all improvements, . to .Mr \ Magon; account Mr J. T. Aicken, his. highly improved; iarm of 236 acres, Meth*von, :to .Mr 'F. Woods, " Hjghbank ; also uo-_-count Mr R; EngUsh,.l2 -acres, Ha'awell, -With improvements, to a clientalso having leased, account Mr E. W.-Pearce, -7 with-improvements, Koiapoi, _ to Mr •C. ,PMoote; , also.-having sold -livo and .deadstock thereon. ,The. total of. the above sales . reyresent« a turnover of £54,730. •«$