COMMERCIAL

Evening Star, Issue 19328, 14 August 1926, Page 11

COMMERCIAL

Pre« Association—By Telegraph—Copyright

LONDON MARKETS

Mossrs Dalgety and Co., ltd., have receded the following cable from head office, dated August 12• Quotations for Frozen Meat.—New Zealand price cross-bred lamb: Canterbury light North Island light B|d, Canterbury heavy Bd, North Island heavy 71 d. Good average quality cross-bred lamb: Australian, n.q.; heavy, n.q.. Now Zealand prime crossbred mutton; Canterbury light 6jd, heavy 6d, North Island heavy, ojd, light 4|d. Good average quality Australian cross-bred mutton; Light 4d, heavy n.q. New Zealand prime ox beef; Hinds n.q., fores n.q. Market for New Zealand lamb, quiet. Demand for Now Zealand lamb, runs principally on finest qualities. Market for New Zealand mutton, very dull. Demand for New Zealand mutton, runs principally on heavy weights. Market for Now Zealand beef, n.q. Demand for New Zealand beef, n.q. Market for Australian lamb, n.q. Demand for Australian lamb, n.q-. Market for Australian mutton, weak. Demand for Australian mutton, limited. Quotations for dairy produce: Danish, 178 s; New Zealand exceptional, 1765; Now Zealand finest, 172 s to 1745; Australian finest, unsalted, 170 s to 1725; Australian finest, salted, 168 sto 1725. New Zealand cheese: Colored, 84s to 86s; white, 88s to 90s. Market for butter, steady, but quiet. Demand for butter, quiet. Market for cheesq, quiet.

STANDARD INSURANCE COMPANY

The annual report of the directors of the Standard Insurance Company (Ltd.) states that the net income for the year ended June 30, 1926, amounts to £240,246 18s lOd, and the expenditure to £194,387 4s 6d, leaving a balance of £45,859 14s 4d, to which has to be added the balance from last year, £18,490 2s sd, making a total of £64,349 16s 9d, from which an interim dividend of Is 3d per share was paid in March last, leaving an available balance of £51,849 16s 9d, which the directors have dealt with in the following manner;—Placed to reserve fund, £21,500, and recommend the payment of a dividend of Is 3d per share, and to carry forward to next year £17,849 16s 9d.