RETAIL PRICES FOR WOOLPACKS

Southland Times, Issue 23793, 15 April 1939, Page 4

RETAIL PRICES FOR WOOLPACKS

CHARGES ARRANGED BY GOVERNMENT (United Press Association) WELLINGTON, April 14. The Minister of Industries and Commerce (the HOn. D. G. Sullivan) announced today that by Order-in-Council the Government has fixed the retail price of woolpacks for the 193940 season at 4/5 for 42’s, 4/9 for 48’s and 5/1 for 54’s. Importers are required to purchase flax packs in proportion to three of flax to every five of jute, following the policy to ensure the complete absorption of the Foxton output. FROZEN MEAT MARKET » (United Press Association) WELLINGTON, April 14. The New Zealand Meat Producers' Board advises that the following are the approximate average prices realized for the week based on actual transactions, wholesale quantities and descriptions of meat mentioned and for representative parcels of goods offering during the week being for business done on the basis of delivery to Smithfield market and ex-London stores.

Prime lamb, two’s and eight’s a shade easier; others unchanged; consumption satisfactory for the time of the year, but heavy spot stocks are depressing the market. Wethers, trade slow at lower prices. Ewes steady with fair trade. Frozen beef is neglected because of the low prices of chilled beef. Chilled beef is weaker because of heavy supplies and slow demand. New Zealand porker pigs are easier on slow trade due to warmer weather. Baconer pigs are weaker because of lower prices of Continental bacon. Boneless bobby veal is quiet, but unchanged.

COMPANY NEWS BANK OF NEW ZEALAND (United Press Association) WELLINGTON, April 14. The directors of the Bank of New Zealand have announced the payment of a final dividend of a shilling a share as last year and have also granted a bonus of 7£ per cent, to the staff. Mr A. T. Donnelly (Christchurch) was re-elected chairman. GOVERNMENT SECURITIES (Received April 14, 6.30 p.m.) LONDON, April 13. The following are the latest quotations for Government securities compared with the prices ruling last week:— April 6 April 13 £sd £ s d

FOREIGN EXCHANGES (British Official Wireless) RUGBY, April 13. Par. April 11 April 13 Paris, fr. to £1 179.60 176 51-64 176 49-64 New York, dol. to £1 4.866 4.68’,'s 4.68 1-16 Montreal, dol. to £1 4.866 4.71’,4 4.70% Brussels, belgas to £1 35 27.82’A 27.82 Geneva, fr. to £1 25.2215 20.87’/ 2 20.87’/ 2 Amsterdam,

Apr. 5 d Apr. 13 d N.Z. Sheep— Crossbred wethers and/ or maiden ewes: 481b and under 4% 4% 49-561b 4 4 57-64Ib 3% 3% 65-721b 31/2 3% Ewes: 481b and under 3% 3% 49-561b 3 3 57-641b 2% 2% 65-721b ' 2’/2 2’,i N.Z. Lambs— Canterbury: 361b and under 7 6% 6 >,'2 37-421b 6% 43-501b 61a 6% Second quality: Average about 311b 6% 6% Other South Island: 361b and under 7 6% 37-421b 61a 61'2 43-501b 6% 6% North Island Downs: 361b and under 7 6% 37-421b 6% 6% 43-501b 61a 6% Second quality: Average about 301b 6% 6% North Island — First quality: 361b and under 6% 6I2 37-421b ff\ r 2 6% Second quality: Average about 311b 6>/ 2 6>,i Australian Lambs — Victorian, first quality: 29-361b 6 6 - 37-421b 5% 5% Argentine Lambs — First quality: 36ib and under 5% 5% 37-421b 5>/ 2 5>,i N.Z. Frozen BeefSecond quality: Ox hinds (145-2101b) 3% 3% Ox fores (145-2101b) 2% 2% Australian Frozen BeefSecond quality: Ox hinds 3% 3% N.Z. Porker Pigs— First quality: 61-801b 6% 6% 100-1201b 61s 6‘/a Baconer Pigs— 121-1601b 6',i 6 Boneless Bobby Veal— ex store in parcels 4% 4% (Chilled beef prices are approximate average prices realized for the week). N.Z. Chilled Beef— < Ox hinds (145-2101b) 4% -4i/s Ox fores (145-2101b) 2% 2% Australian, pNlled peef—. Ox hindS’ (146-2101b)'.' - ■ 4 Ox crops (145-2101b) 3 2% South African Chilled Beef— 5'/a Ox hinds (145-2101b) 5*/4 Ox fores (145-2101b) 3% 3 Southern Rhodesian Chilled Beef— 3% Ox hinds (145-2101b) 4 Ox fores (145-2101b) 21a Argentine Chilled BeefOx hinds (145-2101b) 5% 5% Ox fores. (145-2101b) 3% 3’/4 Uruguayan Chilled Beef— Ox hinds (145-2101b) 4% 4>/2 Ox fores (145-2101b) . 3‘4 2% Brazilian Chilled BeefOx hinds (145-2101b) \4% 4’/s

BritishConsols, 21/4 p.c. 67 10 0 66 10 0 Funding Loan, 4 p.c., 1960-90 105 10 0 104 10 0 War Loan, 3>,'a p.c. 1952 Con. Loan, 3',2 p.c 95 7 6 94 7 6 1961 94 5 0 92 5 0 Victory Bonds, 4 p.c. 105 0 0 104 0 0 Commonwealth— 5 p.c., 1945-75 102 2 6 100 2 6 4 p.c., 1943-48 97 17 6 96 15 0 3% p.c., 1948-53 93 7 6 91 0 0 3 >,4 p.C„ 1956-61 82 0 0 80 5 0 3 p.c., 1955-58 81 5 0 78 10 0 New South Wales— 3>,i p.c. 1930-50 90 17 6 88 15 0 Victoria— 3 p.c., 1929-40 98 10 0 86 0 0 3% p.c., 1940-60 99 17 6 89 0 0 4 p.c., 1945-75 105 12 6 100 10 0 Queensland— 3 p.c., 1922-47 91 12 6 87 0 0 5 p.c., 1940-60 100 5 0 99 5 0 South Australia— 4 p.c., 1945-75 102 5 0 101 0 0 Western Australia — 3 p.C™ 1945-75 • • 4 p.c., 1942-62 96 7 6 94 0 0 Tasmania— 3>/ z P-c. 1920-40 100 5 0 99 5 0 4 p.c., 1940-50 97 0 0 93 10 0 New Zealand— 4’,2 p c., 1948-58 94 7 6 92 12 6 3 p.c., 1940 99 7 6 98 15 0 3 p.c., 1945 •Not 89 0 received. 0 88 0 0