DAIRY PRODUCE EXPORTS.

New Zealand Herald, Volume LXIV, Issue 19626, 3 May 1927, Page 7

DAIRY PRODUCE EXPORTS.

SHIPMENT BY PORTS. high ratio of finest grade. Returns of the shipments of dairy pro- " duce from the various ports to March 31 are published in the Dairy Produce Exporter. The following summaries show the proportions of the total quantities which passed through the respective ports and also the proportions in each case graded finest. Details are as follows: BUTTER. Percentage of Finest Boxes. Total. Grade. Auckland .. 905,203 G3.3P 77.99 New Plymouth . 134,400 9.40 89.67 Wellington .. 162,805 11.30 ■ -76.45 VV anganui 49,934 3.50 72.53 Patea ... .... 20.74'2 1.45 29.41 Gisborne 20,614 1.44 86.73 Aapier va 24,173 1.69 97.63 Dunedin 33,959 2.72 87.50 Timaru 11,668 0.82 31.42 Lytfelton .... 46,430 ' 3.25 82.96 Bluff .-, ~.. 14,875 1.04 84.40 Totals . 1,429.50S 100.00 75.55 The balance of the butter comprised "first," grade, forming 19.63 per cent, of the total, and second grade, 1.83 per cent. CHEESE. Percentage of Crates. Total. Finest. Auckland ... 85,965 14.67 GO.OO New Plymouth . 127.157 21.70 55.D4. Wellington - .. 106,203 15.14 . 67.70 Wanganui .. 36,095 6.16 55.75 .. .. 134,512 22.96 43.40 Napier ... ... 344 0.06 Dunedin .1 ... 3.' 42 1.49 69.63 Timaru .. ... 5,094 0.57 55.87 Lytlelton .12,645 2.16 69.63 Bluff 69.05S 11.79 64.25 Totals ~. 585,905 100.00 57.14 In addition, 39.96 per cent, of the cheese was graded " first" and 2.90 per cent, "second." BRITISH WOOL CLIP. INCREASE IN THE FLOCKS. The British wool clip, contrary perhaps to popular belief, is heavier than that of New Zealand. The sheep in the British Isles in 1926 numbered 26,390,000; in New Zealand 24,904,000. The British flocks fell in numbers during the war by over ten millions. In 1910 they were 32,000,000. There lias been a steady increase in the British flocks since the war, ancl the wool clip of 1926 was increased by 5 per cent, on that of 1925. WAIHI GOLD MINING CO. DIVIDEND OF 2s A SHARE. The Auckland director of the Waihi Gold Mining Company has received cabled advice of the company's results for the year ended December 31, 1926. This states that after provision for taxes £19,000, depreciation £9200, and a total dividend of 2s a share —the second half of which will be payable on May 25—a balance of £16,500 remains to be carried forward. The balance carried forward is £6200 less than was carried forward last year. • Last year, the provision for taxation was £18,091 and for depreciation £9900, in addition to which £15,000 was added to mine development account, leaving a balance of.'profit of £54,499. The dividend absorbed ,£49,591, the balance carried forward being £22,724. From the cabled figures, it appears, that the balance of profit remaining after the appropriations mentioned was* £43,366. LONDON MEAT MARKET. PRICES AT SMITHFIELD. The Nesv Zealand Meat Producers' Board has received the following cablegram from its London office, dated April 29, advising Smithfield delivered prices at that date as follows : New Zealand Wethers and Maidens.— Canterbury quality, selected brands, 561b. and under, 6jjd per lb.; 571b. to 641b., sjd; 651b. to 721b., sd; other brands, 561b. and under, 6^d; 571b. to 641b., s£d: 651b. to 721b., 4,'jd. New Zealand Ewes.—64lb. and under, 4 l-Bd. New Zealand Lambs.—Canterbury quality, 361b. and under, 9|d; 371b. to 421b., j Bfd; 431b. to 501b., 83d; seconds, Bjd; selected brands, 361b. and under, 9 l-8d; 371b. to 421b., Bfd; other brands, first quality, 361b. and under, Bfd; 371b. to 421b., B£d ; second quality, 301b. to 321b. average, B|d. Australian Lambs.—Victorian, first quality. 361b. and under, 8d; 371b. to 421b., 7|d. Argentine' Lambs, —First quality, 361b. and under, 8d; 371b. to 421b., 7d. Argentine Chilled Beef.—Ox fores, hinds, j Argentine Frozen Beef. —Ox fores, 3£d ; | hinds, 4^d. Frozen Pork.—Bolb. to 1201b., 1203b. to 1801b., 7Jd. Lamb. —The demand is still improving, There is a- good inquiry for parcels ex ship. The market is stronger. Mutton.—The market is better, especially for light-weights. Frozen Pork.—Stocks are short, at nominal prices. FROZEN MEAT PRICES. BETTER MARKET REPORTED. The New Zealand Loan and Mercantile Agency Company, Limited, has received ! the following cablegram from its London ! office, dated April 29: —New Zeala-id i Frozen Meat.—Lamb, B|d per lb, averI age. Mutton, wether and maiden ewe, i light, 6|d per lb; heavy, 4|d per lb ; ewe, | light, 4sd per lb; heaw, 4| per lb: better ; market. —,— DOMINION RUBBER COMPANY. I DIVIDEND OF 30 PER CENT. The annual report of the Dominion Rubber Company, whose headquarters are :n i Dunedin, states that the profits for the 5 vear ended November 30 were £16,470 4s 7d, to which has to be added the bal- : ance oi £583 10s 7d brought forward from i last year, making a total of £17,158 15s 5 2d. Interim dividends paid in June and September absorbed £IO,OOO and the dsrec- ! tore propose to pay a further dividend of | 10 per cent., making 30 per cent- for the - year, £SOOO, and to carry forward £2158 | 15s 2d. , The company's property is at Kelarstan, | Malay States,* and comprises 1000 acres. : The crop was 483,1871b., being in excess of the quantify fixed as the company's ; standard production, viz., 477,0001 b. In the previous year, the crop was 298.9311b. Owing to the decline in the price of rub- ] her the exportable allowance was reduced • from 100 "per cent, as at November 1, i 1926. to 80 per cent,, and still farther ; to 70 per cent, as from February 1, 1927. ! A report by Mr. H. C. Cummins, of Wilde and Company, Kuala Luxnpa, on the comi panv's plantation, "has been received and :s | "described as "very comprehensive and ! satisfactory." i The company's profit s ? were £.32 in 1922. | £2652 in 1923 and £2955 in 1924, when * I dividend of 10 per cent, was paid. In 1925 i the profits were £20.066, *nd after adj dine £5014 to the reserve account, making j it, £5500, a dividend of 30 per cent, was 5 paid. That rate has been maintained in j spite of the decline in .profits.