PURCHASE OF BUSINESS.

New Zealand Herald, Volume LXVI, Issue 20259, 20 May 1929, Page 9

PURCHASE OF BUSINESS.

DEAL BY. MENNIES, LTD, C. G. LAURIE, LTD., ABSORBED. The old-established business of, C. G. Laurie,' Limited, manufacturing confectioners and biscuit-makers, has been purchased by J. M. Mennie, Limited. Negotiations were concluded on Saturday morning and the purchasing firm is taking over the Stanley Street premises of Laurie, Limited, at once. J. M. Mennie, Limited, havei been in the biscuit and confectionery manufacturing business in Auckland since 1869, and have occupied their present site in Albert Street for 46 years. C. G. Laurie, Limited, have also been in -business in the city for . about 60 years. Recently their factory was completely renovated, following a destructive fire. There are about 80 employees. Tho purchasing firm will continue to carry on its manufacturing business in its Albert Street premises as well as at StanIcy Street.

THE LONDON MARKETS. FROZEN MEAT. ' Australian and N.Z. Press Association. '(Received May ]!), 5.5 p.m.) LONDON, May 18. Sheep.—Canterbury light, 7d; Argentine light, 5 3-Bd, Lambs. —Australian (other States not offering), seconds, Victorian, Bi}d. Chilled Beef:—Argentine fores, 5 3 8d j hinds, 7£d; others unchanged. COTTON, RUBBER, JUTE, ETC. Cotton.—Juno delivery, 9.94 d (9.B4d]_ per lb. Rubber.-—Para, lljd per lb; plantation and smoked, 11 7-16 d{9 15-16 d). Jute.—May-Juno shipments, £3O 15s (£3O 17s 6d) per ton. Copra.—May-June shipments, £2l 7s 6d (£2l 12s 6d) per ton. , Linseed 0i1.—£29 (£29) per ton. Turpentine.—4ss 9d (455) per cvvt. HIDES. The hides market is very dull. Meatworks dry salted, Queensland, 351b to 451b, 301b to 401b, 251b to 351b and 201b to 501b, all Bgd; J\ r c\v South "Wales, same weights, 9|d, Oi.d, lOd; wet salted, Queensland, 501 b to 601b, 401b to 501b, 6|d; New South Wales, 7d. Victorian abattoirs, s^d.

TRADE OF CANADA. FIGUBES FOE 12 MONTHS. Australian Press Association—United Service (Received May 10, 5.25 p.m.) OTTAWA, May 18. Canada's total exports in the 12 months ended April 30 totalled £274,067,791 and imports £256,941,165. ■ Duties collected totalled £40,702,515.

LONDON MEAT MARKET. PRICES AT SMITIIFIELD. The New Zealand Meat Producers' Board has received the following cablegram from its London office, dated May 17, advising Smitlifield delivered prices averagod for the week ended that date as follows: New Zealand Wethers and Maidens.— Canterbury quality, selected brands, 561b. and under, 7d per lb.; 571b. to 641b., 6gd; 651b. to 721b., s|d. Other brands, 561b. and under, 6|d; 571b. to 641b., 6d; 651b. to 721b., s^d. New Zealand Ewes.—64lb„ and under, sgd. New Zealand Lambs.—Canterbury quality, 361b. and under, 9§d; 371b. to 421b., 9d; 431b. to 501b., B£-d; seconds, 9d. Selected brands, 361b. and under, 9>jd ,- 371b. to 421b., B|d. Other brands, first quality, 361b. and under, 421b., B§d; second quality, 301b. to 321b. average, 9d. Australian Lambs.—Victorian, first quality, 361b. and under, B|d; 371b. to 421b., BJd. Argentine Lambs.—First quality, 361b. and under, 8d; 371b. to 421b., 7£d.

Argentine Chilled Beef.—Ox fores, s§d; hinds, 7^d. New Zealand Frozen Pork.—Porkers, 601 lv to 801b., lOd; 811b. to 991b., 9|d; 1001b. to 1201b., Baconers, 1211b. to 1801b., 9d. Lamb. —The market is steady and the demand is improving for light-weights; Mutton.—The market remains quiet and the demand is slow.

New Zealand Porker Pigs.—'There is a good demand for the small stocks on hand, but the seasonal demand falling off. New Zealand Bacdner Pigs.—The market is steady at lower prices.

LONDON DAIRY VALUES. PRODUCE BOARD'S REPORT. The New Zealand Dairy Producer Board has received the following market report from its London office, dated May 17, prices for the previous week being in parentheses:— Butter. —New Zealand :. Salted, 165s to 168s (165s to 168s) ; unsalted, 165s to 168s (165s to 168s); first wliey, 154s (1545); second whey, 152s (1525). 165s to 168s is equal to approximately Is 4d f.o.b. Deliveries New Zealand this week, 1230 tons; in store, 9180 tons. Australian: Finest salted, 158s to 162s (159s to 1625); unsalted, 158s to 164s (162s to 1645). Argentine: Finest unsalted, 158s to 162s (158s to 1625). Irish creamery: Salted, 160s to 162s (162s to 1645); unsalted, 164s to 166s (166s to 168s). Danish: F.0.b., 160s (1625); spot, 167s to 169s (168s). Estonian: 158s to 162s (150s to 1625). Latvian: 158s to 162s (158s to 3625). Siberian: 156s (1565). Ukranian: 156s (1565). Polish: 152s to 154s (148s to 1545). French baskets: Salted, 154s to 164s (154s to 160s). Market quiet. Retail prices unchanged. ; Cheese.—New Zealand: White, 86s to 87s (85s to 86s); coloured, 88s to 89s (87s to, 89s). 87s is equal to approximately 8d f.o.b. Deliveries New Zealand this week,' 25,546 crates; in store, 154,637 crates. Australian: White, 85s (85s to. 86s); coloured, 86s to 87s (86s to 88s). Canadian: White, 104s to 110s (104s to 110s); coloured, 104s to 108s (104s to 108s). English: Finest farmers', 142s to 144s (142s to 1445); 'Market quiet. Retail'prices unchanged. The board has also received-the following advice from its agents in Canada:— Butter: New York, 43' cents (Is 9^d); Montreal, 35£ cents (Is s§d).

REPORTS FROM MERCHANTS. A. H. Turnbull and Company has received the following cablegram from its principals, W. Weddel and Company. Limited, dated London, May 17: —-Danish butter, 167s to 1695; New Zealand unsalted butter, 165s to 168s; New Zealand salted, 165s'to 1675; market quiet. New Zealand cheese:' White, 86s to 87s; coloured, 88s to 89s; market quiet. Canadian cheese: White, 104s to 110s; coloured, 104s to 108s. Leonard and Son, Ltd., has received (he following cablegram from its London principal, dated May 17:—Butter: 166s to 1675. Cheese:. White, 86s; coloured, 88s. Markets steadier.