WAIPA COLLIERIES.

New Zealand Herald, Volume LXVII, Issue 20537, 11 April 1930, Page 7

WAIPA COLLIERIES.

REDUCED ANNUAL DIVIDEND

COMPETITION FROM ARAPUNI.

Payment of a, rliviflond at tho rate of 5 per cent, i.s recommended by 1 1 if directors of Waipa Railways and Collieries, Limited, in I,lit; annual report which will be submitted to the shareholders for confirmalion on April 30. A net profit of £1044 is shown, and the balance brought forward from last year wss £11,240. The dividend will absorb £2996, leaving £9237 to lie, carried forward.

The report states that the financial results'of the year were influenced by the fact that during the year the hydro-elec-tric power became available from Arapuni, with the,result that a market could not be found for a large proportion of the company's slack coal, which for many years had been supplied in large quantities for tho generation of electricity in AuckJa nd.

The report adds: "The company has taken up 5000 £1 shares in Waikato Carbonisation, Limited, a company with four Waikato coal companies as shareholders, formed with the object, of treating slack coal from the Waikato mines. The plant to bo installed by (lie carbonisation company is now on the water, and will be erected during the yeai.'*

From 1924 until 1927. inclusive, the company paid dividends at the rate of 10 per cent., and for 1928 and 1929 the rate was 8 per cent. The net profit in the past four years has been: 1927, £6395; 1920, £4633; 1929, £5281; 19.30, £1044.

THE MARKET BASKET *

RETAIL FOOD PRICES.

A GUIDE TO HOUSEWIVES.

-A large number of revised prices is shown on (he foodstuffs price list, (his week. In the fish sectiori both flounder and hapuku aro slightly cheaper. Supplies of fish are very scarce. The values for the majority of the classes of fruit show slight alterations. Onions are selling at a penny a pound. Both hen and duck eggs have risen to 2s 9d a dozen. Following are yesterday's prices:—

''meat

Beef.—Sirloin. 10a • per lb; rump steak, Is 2d; beef steak. Sri; rolled chuck *rib, 7d; prime rib. 7d; wine rib, Dd: corned round, 8d; tripe, 7d; drippinp, fid; suet and sausages. fid: sausage meat. .Id; gravy beef and shin m,eat, Od; topside and flunk, 7rl.

Mutton.—Lob. ffd; shank end, JOd; bind quarters, Od; forcqunrler, fid; forequarter shnnk end, 6d; shoulder. 7d; neck. 7d; loin JOd; neck and breast, fid; leu and loin chops, lid; neck chops, fid; flap, 4d; cut lets, trimmed; Is Id.

Lamb.—Lee, Is 2d; loin, Is Id; hindquarters. Is Id; forequarter, lOd. Veal.-—Loin, fid; shoulder, 7d: cutlets and veal steak. Is; forequarter, fid. Pork.—Leu, Is Id; loin. Is Id; pork choj.s, Is 2d; pork sausapes, Pd.

PISH. Fresh fish cutlets, terakihi, 7{d per lb: schnapper, lOd; John Dory, fid; kinpfisli, Sd; kippered fillets. Is '2d; lemon fish, fid; gurnard, 3d; mussels, J* fid a dozen; Bchnappor, whole, fid per lb; terakihi, 'ld; trevalli. 2d: mullet, fid; flounder, 7d to Is; dabs, lOd: hapuku steaks, 10d to Is; fin's, fid; kinpfisli steaks fid; Scotch kippers. Is a pair; kippered terakihi fillets. Is; terakihi, smoked, 7d; schnapper, 10d; mullet, Od; trevalli, fid; silver strip, 7d; crsyfish, over sib, 2s fid each; rabbits, le each, Is 13d pair; hares, Is Od each; frost fish, whole, •Id per lb; smoked. 7d.

FRUIT. Apples.—fox Orange Pippins. 4d to fid per lb; Jonathan, 6lb for Is; Delicious, 41b, for Is; cooking-, 61b for Js. Oranpes.—4lb for Is. Pears.—Winter Cole and Louis Bon, 3lb for Is; cookinp. 61b for Is. Sydney Grapes.—ls per lb. Lemons.—Local, 8 to 12 for ]«; Messina, fi or 8 tor Is.

Tomatoes.— Outdoor, 2!lb for I*. Tree Tomatoes.--Gd per lb. Bananas.—-fc! to Od per lb. Passion Fruit.—Bd a dozen. Pineapj.les.—lb (id to 2s each. Hothouse Grapes.--Is fid to '2s per lb. Sunkist -Grapefruit.—Gd each. Peaches,—ls (id to 2s a dozen. Cape Gooseberries.—ffd per lb. Te Kauwhata. Grapes.— 8d per lb. Quinces.—sd ppr lb. Kiss.—Sd a dozen.

VEGETABLES. Potatoes.—.Slli for Is. Onions.—ld per lb. Lettuce.—2d to 3d each. ' Cabbage.—3d to fid each. Rhubarb,—4d a bundle. Kumaras.—New, local. 3d per lb. Cucumbers.—Outdoor, <sd each. Benns.—3d to Id per lb. fireen Peas.—3d to -id per lb. Marrows.—4d to (id each. Cauliflower.— Id to fid each.

BACON AND HAMS. Bacon.—Shoulder rasliers, Is Id rer lb; best rib rashers, Is (id; by pieces, Is sd; shoulder cuts, 3cl to Is 2d. Hams.—Whole, Is 4d per lb; in rashers. In Rd; cooked, 2s 3d; shoulders, cooked. Is Od. BUTTER AND CHEESE. Butter.—Factory, first, grade, Is fid per lb: second grade. Is 4d; farmers'. Is 2d; bulk butters, Is Od. Cheese: Ordinary, Is per lb; myre matured, Is 4d.

EGGS. * Hen and Duck.—2s Od a dozen. STOCK SALES. VALUES AT PUKEKOHE. [nY TELEGRAPH. —OWN" CORRESPONDENT. ] PUKEKOHE, Thursday. Dairy cows and heifers were in good demand at- the slock sale conducted at Pukekahc to-day by Alfred Auckland and Sons, Ltd. Best cows brought £l2 to £l3 ss; besl heifers. L'lo 10s to £l2 15s: medium niuility animals, £8 to £lO 10s. Prices for beet showed a decline, in sympathy with rates at Westfiflld yesterday. Heavy prime •steers realised £l2 to £)3; epdra heavy prime rows and heifers, £8 5s to £0 15s; lighter prime nnts and heifers, £7 to £7 15s. Heavy bulls brought 17 10s to £8 15s. and lighter bulls £.'! 10s to £5 lis. In store cuttle four-year-old steers realised £0 lo £!l ISs; two to three-year-old steers, £7 5s (o £8 Is; store and boner cows. £2 to £t*lss. Prices for pigs also showed a considerable decline. Heavy baconcrs brought £3 15s to £t 2s; medium baconers, £3 C.s to £3 lis; light baconcrs, £3 to £3 6s; heavy porkers, £2 1.2s to £2 10s; medium porkers, £2 to £2 J2s; light and unfinished porkers, £1 l'2s to £1 10s; stores. 17s to £1 2s; slips, lis to 10s; wcaners, 3s to lis.

Messrs. nalgety and Company, Lirnilerl. report having hold their usual fortnightly stock sale ut Mntamata on Wednesday, when a small yarding of both fat and store stork camp forward and met with fair competition. Following arc the pfk'ea:—Light fat heifers, £fi 10s to £7 las: others, £5 to £5 10s to £5 15s; light fat cows, £6 10s to £7; lighter sorts, £5 to £5 10s; honor and store cows, £3 10s to £4 10s; cows with vealer cows at foot, £7 14s; others. £4 15s to £5 2s fid: Shorthorn empty heifers, £3 14s; Jersey-cross three-year steers, £7 10s: other small steers, £4 4s; Holstein steer calves, good, £3 7s fid; bulls, £4 10s; springing Jersey cross heifers, £8; second calvers, £i> 10s; light frit owes. 13s. There was a light yarding of fat pigs, medium baconera making up to £3 lis: lighter. £2 12s to £3. Stores sold freely, Larger stores were up to 37s fid; slips, J9s to 27b Gd; weaners, llt> to 15s fid.

The Farmers' Cooperative) Auctioneering -.Company, Limited, report:-—At. Hikutaia on Wednesday wo penned an average yarding of pigs and cattle, mid a good yarding of aheep. Pigs and rattle prices were easy, while store lambs sold (reel,v. Quotations Porkers, £2 2s; good stores, £t 4b to XI Us fid; slips, lis to 17s: weaners, Ss fid to lis; fat wethers. 01s to'24s 3d: two.tooth ewes. 245; lambs, 12s to 13s; fat cows, heavy. £7 10s to £0; lighter, £.' 15s to £7 S?s: fresh store cows, £3 15a to £4 15s; store cows. £2 4s to £3 ss; heifer calves, £2 7s fid to it.

HORSE SALE AT OHAUPO. The New 'Zealand Loan and Mercantile Agency Company, Limited, Hamilton, rrports:—At our horse sale at, Ohnupo on Wednesday, we submitted a medium entry of horses. Cood medium farni noises sold' readily, but there was very little nepiand for heavy horses and hacks. Wuotations:—Medium draughts, £'-? to £36: lies*y dralights. ;C2l to m; licht farm horses. £l3 to £18; hacks, £5 to £lO.