COMMERCIAL

Poverty Bay Herald, Volume LXV, Issue 19549, 3 February 1938, Page 13

COMMERCIAL

PORK AND BACON EXPORT COMPETITIONS JUDGING BY DR. HAMMOND To maintain the high quality oi New Zealand's meat production, the New Zealand Meat Producers' Board annually offers prizes lor the best lamb, chilled beet', porkers and oa< oners suitable lor export. Usually most of these classes of meal, alter being exhibited, and judged in the Dominion, are then shipped for display and judging by representatives of the meat importing trade at Smithfield.

This year, however, the board i tailing advantage of an unusually valuable opportunity a Horded by (he visit of Dr. Hammond, the eminent English authority on animal nutrition and meal quality, to have the final judging of the porker and baconcr entries at the last Royal Show done in Hie Dominion instead of at Smithfield market.

The Meat Producers' Board annually offers prizes at the Royal Show for the best two fat porker pigs most suitable for export, and lor the best two fat baconers of the type most desired by the British trade. The baconer entries also compete' for the Bledisloe Cup. which has been presented by Lord Bledisloe with the same objective. These two classes were judged at the last Royal Show at Palmcrston North, and all the entries will now be submitted to Dr. Hammond for judging at Palmcrston North on Thursday, February 3.

Farmers arc being invited, and the judging will be followed by a demonstration, and in the evening by a lecture. This will enable producers o 1 meat to obtain much information ol real value, from an acknowledged authority, regarding the breeding and preparation of all classes of meat for the export trade.

BRIGHTER TONE

AUSTRALIAN SHAREMARKET

(Kloe. Tnl. Copyright—United Press Assn.) SYDNEY, Feb. 2.

Assisted by the rise in wool values and the improvement in the overseas metal markets the local Stock Exchange to-da.A was brighter in tone. Many industrial issues hardened. Although the turnover was limited, no further drift occurred in metal prices. Banks were slow. Sales were as follows:—Colonial Sugar, ,£46 15s; Associated News, £1 2s 7.\d: do., pref., £1 4s Gd; British Tobacco, £2 iOs lid; Toohevs, .CI 12s 3d; DunlopPerdriau £1 3s 9d; do., New Zealand dcliverv, .CI 3s 9d; Standard Cement, 19s 3d;' Sledman, 15s 3d; General Industries, £1 0s lid; Traders Finance. £1 4s Gd; Carlton Brewery, .c:i 7s 10id; Huddart ParkCr, £2 4s 3d: Newbold Brick, £! 14s; Australian Iron and Steel, nref., £1 7s 4.'.d: Sargents, £1 Ids; Peters, £2 His: Mangi'ovite Roiling, 17s !)d; Yiif'ra Falls, £1 IBs 9d; Woolworths, second pref., £1 8s 0d; Victoria Nyanza, 16s; Millaquin Sugar, £1 17s ()d; Mt. Morgan, 9s 9d; Mt. Lyell, £1 Us Gd; do.. New Zealand delivery, £1 lis 3d: Rawang, 9s !)d; Broken Hill Proprietary, £3 3s; North Broken. £2 13s 7.U1: South Broken, £1 15s Lid.

The Melbourne market responded to the belter tone in New York and London, although some irregularity continues. Gold shares are variable. Sales were as follow:—British Tobacco, £2 10s 3d; G. J. Coles, £4 2s 9d: Dunlop-Perdriau, £1 3s 9d: do., pref., £1 18s 3d; Australian Foundation Investment Trust, Gs 2d; Electrolytic Zinc. £2 8s 3d; do., pref., £2 10s 9d: Mount Morgan, 9s lOd: Mount Lyell, £1 lis Gd; Broken Hill Proprietary, £3 2s; North Broken, £2 13s 9d; South Broken. .CI 15s 3d; Emperor, 12.-, 7d; Lolomn, IBs 2d.

9s; light, C2 to £2 4s; small and unfinished, .CI 8s to CI 15s: large stores 21s to 275; slips, 12s to 21s; weaners, 7s to 15s. Baconers and porkers were quoted to (id per lb.

LARGE SHEEP OFFERING

FAIR AT VVRSTPIEDD (Special to tho Herald.) AUCKLAND, this clay. Drawn from practically all pastoral districts of the province, about 10,500 head of stock will be offered at the annual sheep and ram fair at Westfield to-day. The present figures indicate that the entry will fall short of last year's offering by about 500, but it is possible that these figures may be equalled before the sale begins at midday. Selected for stud and grazing purposes, drafts will be assembled from as far north as Hokianga and .Kaikohc and as far south as Taibape. Most of the stock, however, will be transported by boat from islands in the Hauraki Gulf, the principal ones being Waihekc and Ponui. One consignment of 500 is expected froin Great Barrier Island.

FRANKTON QUOTATIONS

RISE IX BEEP VALUES With a short supply of ox and cow beef on offer, there was a considerable rise in the prices of.good quality cattle at the Frankton stock sale on Tuesday. A pen of prime Polled Angus cows and heifers realised up to CO 15s. while top ciuality steers reached £l3 10s.

A full yarding of both fat and store sheep was penned, but Tat wethers were not sought after and prices declined from last week's rates. Fat ewes also showed a decline, export buyers operating freely. A slight improvement on recent quotations was shown for store lambs and breeding i'Wi'S.