PRICES IN LONDON

Evening Post, Volume CXXIII, Issue 1, 2 January 1937, Page 14

PRICES IN LONDON

A HOLIDAY MARKET The New Zealand Meat Producers' Board advises that the following are tl?e approximate average prices ::ealised for the past week, based on ac tual transactions of wholesale quantities oi the descriptions of meat mentioned and are for representative parcels of the goods offering during the week, being for business done on the basis oi delivered to Smithfield market and/or ex London stores. Prices for the week before are shown in parentheses;, as follows:— ■ New Zealand .Sheep.—Canterbury and North selected crossbred wethers and maiden ewes. 48-under si,'d (5Jd), 48-56 sid (sid), 57-64 5d (sd>, 6572 4Jd ■ (4§d>; NOrth Island crossbred wethers and maiden ewes, 48-56 5Jd (3id), 57-64 5d (sd). 65-72 4?d (43dj; ewes, 48-under 4 3-8 d (4 3-8 d), 48-C4 4d (4d), 65-72 3 7-8 d (3 7-8 d). . New Zealand Lambs.—Canterbury, 36-under 7 3-8 d (7§d), " 37-42 6 5-8 d ; (6|d), 43-50 6 3-8 d (6Jd), second quality, average about 31 not quoted. Other South Island, 36-v.ndor 7Jd (7 5-8 d), 37-42 6 5-8 d (63d), 43-50 6 3-8 d (6id). North Island Downs, 36under, not quoted. Australian l£;mbs, Victorian, first quality, 36-under 7Jd (7Jd), 37-42 • 6Jd (6?d). Argentine lambs, first quality, 36-under 6Jd (63d), 37-42' 6Jd (6Jd). New. Zealand frozen beef, ox hinds, 145-210 4d (4d), fores 145-210 2|d (2Jd); cow, not quoted. New Zealand chilled beef, ox hinds, M 5-210 not qout'ed (5 5-8 d), ox fores, 145-210, not quoted (2 7-8 d). Argentine chilled beef, ox hinds, 145-210, s£d (6£d), ox fores, 145-210, 3d (3id). Uruguayan chilled beef, ox hinds, 145-210 !id (6 l-8d), ox fores, 145-210, 2 7-8 d (3 l-8d). Brazilian chilled beef, ox, not quoted. Australian frozen beef, ox hinds, 145-210,. 4d (4d), ox crops, weights corresponding. 2i|d (?Jd). Australian chilled beef, ox hinds. 145-210, 4 3-8 d (5Jd). ox orops. weights corresponding, 2Jd (not quoted). Union of South Africa chilled beef, not quoted. Southern Rhodesian chilled beef, ox hinds, 145-211), 4*l a (4 7-8 d), ox fores, 145-210, 2£d (2 3-8 d). New Zealand porker pigs, first quality, 60-80 7d (7a), 81-100 6 7-8 d (6 7-8 d), 101-120 6 5-8 d (6 5-8 d). New Zealand prime baconer pigs, 121-160 62d (6Jd). Owing to the holidays all meat markets are quiet.

BRIAN BORU DREDGE. Dredging has been discontinued by the Brian Boru Gold Dredging Company, Limited (Greymouth), bocause the ground through which the c.redge had been working proved to conUiin insufficient gold to pay operating expenses, according to a report of the directors. The dredge has been left in a safe position and negotiations commenced to secure financial assistance to bore the ground. It is rot expected that negotiations will bu concluded until the end of January, when shareholders will be consulted.

THE N.Y.K. JAPANESE SHIPPING YEAR Shareholders of Nippon Yusen Kaisha Shipping Company were informed by the president, Mi". Noboru Ohtani, at the annual meeting at Tokio that earnings as a whole during the halfyear ended September 30, 1936, showed an increase. The freight earnings, although somewhat below those of the previous term —a regular seasonal incidence—were above those of the corresponding term of last year. With the exception of the European line, whose vessels frequently returned to Japan with much empty space, and also of the Australian line, which haa been subjected to a severe blow by the economic controversy between Japan and the Commonwealth, the cargo movement by the company's vessels to and from the other parts of the world, including even China, showed some increase. Passenger earnings also revealed a marked increase, due to -he vast allround improvement in the passenger service. Traditional economy, had been strictly observed all round, and the directors were glad to be able to propose dividend corresponding to 5 per cent, per annum.