COMMERCIAL

Evening Star, Issue 19221, 12 April 1926, Page 9

COMMERCIAL

Press Association—By Telegraph—Copyright. } < MEAT MARKET. LONDON, April 10. Shcop: Canterbury, medium 61,d, ■ heavy 5Jd; North Island, light 1 medium 6d, heavy (U-d. i Lamb: Canterbury, medium IOJd, 1 heavy 9RI; North Island, .seconds 9R.1; ] Australian, seconds 7?d, tliirds 7j-d; 1 Argentine, seconds 7{d. i Chilled beef: Argentine, fores 2ND i hinds old, others unchanged.—A. and 1 N.Z. Cable. ' COTTON, RUBBER, ETC. ’ LONDON, April 10. ' Cotton ; May, 9.41 d per lb. . Rubber: Para, 25)d per lb; planta- ‘ tion, smoked. 2(h'd. , Julc: April-May, £46 15s per ton. Hemp: March-May, £3B per ton. , Copra: March-April, £23 ]os per ton. Linseed oil, £3l os. Turpentine, 03s Gd per cwt. —-A. and N.Z. Cable. NEW ZEALAND APPLES. ' I LONDON, April 9. ; The Port Denison’s New Zealand apples arrived in very good condition. . Cox's realised 18s to' 21s; Dunns, 14s to Ids; Worcesters and others, 12s to 11s.—A. and N.Z, Cable. , < BUTJER AND CHEESE. Messrs Niinmo and Blair are in recoil)! of the following cable from their London agent, dated April 9;—Cheese, 95s Gd per cwt (market dull) ; butter, 173 s per cwt (market dull). 'I ho Otago Farmers’ Co-nperativo Association of Now Zealand, Ltd., reports having received the following j cable from its London office: —“The . butter market is steady, with rather hotter inquiry, after a (juiciness duo to j the holidays. New Zealand, 173 sto , 1765. The'cheese market is weak, 90s , to 9Ss.” HOME MARKETS. Messrs Dalgety and Co., Ltd. ? advise having received the following wire from their head office, London, dated April g : “Frozen meat: No forward sales are reported. Lamb market is unchanged ; prices below are for new season’s carcasses: —New Zealand prime cross-bred iamb—Canterbury light in Ri, North Island light 9*]d, Canterbury heavy l()|d, North Island heavy 10i'; good average quality crossbred Jamb Australian light 10J, heavy BJ. New Zealand prime cross-bred mutton ■— North Island | light 7Gd, Canterbury heavy 7d, j North Island heavy (Rd; good average i quality Australian cross-bred mutton— j light fi.jd, heavy s.}cl. New Zealand ; prime ox beef hinds, 4RI. Demand for ; New Zealand lamb better. Market for New Zealand mutton weak; transactions small. Demand for New Zealand mutton runs principally on light weights. Market for New Zealand beef , nominal. Demand for New Zealand , lieef limited. _ Demand for Australian , lamb runs principally on poorer quality. Market for Australian mutton weak. Demand for Australian mutton ; poor. “ The butter market quiet. Price for i Danish, 186 s. Price for New Zealand j exceptional brands, 1765; finest, 1745. Price for Australian finest unsalted, 1745; salted, 1745. New Zealand cheese —colored 98s, while 965. Price for Canadian cheese, spot, 110 s. Cheese jnarkot depressed,-

RUBBER HARVEST. The secretary of tho Dominion Rubber Company reports that lie is in receipt of a cablegram from the estate advising that the crop of rubber harvested during Marcli was 42,0001 b. NATIONAL MORTGAGE AND • AGENCY COMPANY. The dividend paid by the National Mortgage and Agency Company of New Zealand, Lid., for the year ended Sepf ember 30 was 3s a share and bonus of 2s, both free of income tax. Tim net profit was £37.COL and, with £14,348 bi-ought forward, the sum at the credit of profit and loss account at the end of the year was £sl,(Hi), or £9,476 more than was shown a year earlier. Capital is £250,n00, and the resurve fund £290,000. Outside liabilities consist of an issue of debentures of £761.965, sundry creditors, etc., £512.087, loans, etc., £103,041 ; or a total of £1,3(17,603. Assets, £1.960.268, consist of premises, plant, and goods, £359,870; and debts owing to tho company, £1,320.223, of which £864,391 are loans on mortgage and sccui'ed accounts. Cash and investments appear at £280,175. , IVHEAT MARKET. LONDON, April 7. Wheat cargoes are active, am] firmer! 6d to 9d, but buyers are awaiting tho final Argentine estimate. Parcels are firmer, but. arc quiet. Liverpool futures: May 11s 4d per cental, July 11s 2]d; October 10s 71d.—A. and N.Z. Cable. NEW YORK, April 10. Chicago wheat: May. new, 160) cents per bushel; old, 159); July, 137; September, 132 J and N.Z. Cable.