COMMERCIAL

Southland Times, Issue 22295, 10 April 1934, Page 3

COMMERCIAL

OKARITO WASH-UP. (Per United Press Association.) Dunedin, April 9. The Okarito wash-up for the week ended Saturday was 31oz 17dwt for 117 hours. SYDNEY STOCK EXCHANGE. A HEAVY TURNOVER. (United Press Assn.—Telegraph Copyright.) (Rec. 8.35 p.m.) Sydney, April 9. On the Stock Exchange to-day there was a heavy turnover. Banking securities slackened a trifle, Colonial Sugar advanced and Australian Bonds were in brisk demand. The trend in tin shares was distinctly upward, but general industrial issues were irregular. Sales:—

DAIRY PRODUCE MARKET. The New Zealand Dairy Produce Board has received the following market report from its London office dated April 6, 1934: — Butter. —New Zealand salted 72/- to 73/-; equals approximately 8.29 d f.o.b. Unsalted 72/-, 73/-. Deliveries New Zealand 1701 tons; in store New Zealand 11,112 tons; includes 2150 Jens Remuera; Australian salted 70/-, 71/-; unsalted 71/-; deliveries Australian 1762 tons; in store Australian 6900 tons. Argentine unsalted 70/-; South Africa 66/-, 69/-. Danish 62/- f.0.b., 85/— spot. Duty 1, unsalted 69/-, 78/-. Latvian, salted 72/-; unsalted 71/-, 72/-. Lithuanian, salted 70/-, unsalted 72/-. Market quiet. Retail prices unchanged. New Zealand lOd, Danish 1/-. Cheese.—New Zealand, white 43/6 to 44/-; coloured 43/6, 44/—; equals approximately 4.63 d f.o.b. Deliveries New Zealand 15,672 crates. In store New Zealand 124,515 crates; includes 8500 crates Port Napier and Remuera. Australian, white and coloured 40/-, 43/6. Canadian, white and coloured 50/-, 56/-; deliveries Canadian 2900 boxes; in store Canadian 126,145 boxes. English finest farmers 94/-, 100/-. Market quiet. New Zealand retail price unchanged 6d. FROZEN MEAT MARKET. The New Zealand Meat Producers’ Board has received the following cable from its London Office, dated April 6, advising that the following are the approximate average prices realized for the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield Market and/or ex London Stores (prices for the previous week are also shown): —

£ s d Bank of New South Wales 34 10 0 Commercial Bank of Sydney 17 17 0 Commercial Bank of Australia 17 0 Union Bank 10 5 0 Colonial Sugar 66 10 0 Mercantile Mutual Insurance 1 2 0 Burns Philp 2 16 5 Burns Philp (South Sea) 1 8 0 Associated Newspapers 1 2 9 Associated Newspapers (pref.) 1 3 3 British Tobacco 1 17 71 Tooth’s 2 3 3 Howard Smith 14 0 Australian Glass 2 11 0 Dunlop Perdriau 19 9 Goldsbrough Mort 1 13 6 Winchcombe Carson 1 9 9 Wilcox Mofflin 14 0 Fairymead Sugar 1 14 3 Farmers 18 9 Lustre Hosiery 1 4 4 Australian Iron and Steel (pref.) 1 1 3 General Industries 11 3 United Provisions 9 4 Wunderlich 1 4 0 Drug Houses of Australia 17 lOi John McGrath 1 7 9 Newcastle Gas (B) 13 0 Newcastle Gas (C) 13 0 Goodlet and Smith 1 0 0 Mt. Lyell 1 4 0 South Broken Hill 3 10 9 North Broken Hill 4 11 9 Zinc Corporation 2 0 0 Bulolo Gold 7 0 6 Bulolo Deposits 1 9 Kuala Kampar 16 1> Rawang Tin 9 2 Rawang Tin (six weeks) 9 2 Larut 14 8 Tanah Biji 17 0 Melbourne Sales. Bank of Australasia 13 0 0 Commercial Bank of Australia 17 0 Goldsbrough Mort 1 13 6 Dunlop Perdriau 19 9 Herald and Weekly Times 2 11 3 Taranaki Oil 1 10 Mt. Lyell 1 4 0

(Per lb.) 5/4/34. 28/3/34. N.Z. Sheep, Canterbury & d. d. North Island Selected Crossbred Wethers and Maiden Ewes. 481b to 561b 5g 51 571b to 641b 4A 5 651b to 721b 44 40 North Island 481b to 561b 53 5 3 571b to 641b 4J 5 8 651b to 721b 40 41 Ewes 481b and under 4,1 41 481b to 641b 3| 3g 651b to 721b 31 3.1 Nev; Zealand Lambs, Canterbury 361b and under 74 74 371b to 421b 74 74 431b to 501b 60 63 2nd. Qual: Average 32 7 74 Other South Island Brands. 361b and under 7i 74 371b to 421b 7 74 431b to 501b 6i 63 Including Downs, Selected North Island Brands. 361b and under 74 70 371b to 421b 71 71 431b to 501b 60 63 2nd. Qual: Average 32 74 74 Other N.I. Brands, 1st Qual: 361b and under 71 73 371b to 421b 7 7 2nd. Qual: Average 32 7 74 Australian Lambs, Victorian, 1st Quality. 361b and under 61 60 371b to 421b 61 61 Argentine Lambs 361b and under 64 61 371b to 421b 61 61 New Zealand Beef. Ox Fores 24 21 Ox Hinds 34 34 Argentine Chilled Beef. Ox Fores 31 34 Ox Hinds 4§ 4i Australian Frozen Beef. Ox Crops, over 100 21 24 Ox Hinds, over 160 30 34 New Zealand Porker Pigs. 601b to 801b 51 53 811b to 1001b 54 51 1001b to 1201b 54 51 New Zealand Baconer Pigs. 1201b to 1601b 6 6 Lamb: Prices shade easier, , owing to buyers having filled immediate requirements, but tone of market good and consumption satisfactory. Mutton Market: Wethers: trade slow and prices slightly easier except for lightweights. Ewes; meeting with fair demand. Beef Market: Demand quiet owing to continued low prices Argentine chilled beef. New Zealand Porker Pigs: Meeting with good trade, but at lower prices. New Zealand Baconer Pigs: Demand steady for small supplies available.