COMMERCIAL

Taranaki Daily News, 9 July 1929, Page 15

COMMERCIAL

BUSINESS IN SHAREMARKETS. By Telegraph.—-Press Association. Wellington, July B.—Reported sales: New Zealand Breweries’ debentures bonds, 26s 9d; shares, 78s. Christchurch, July B.—Sales on Exchange: National Bank of Australasia (£lO paid), £l9 15s; Goldsborough Mort, 48s (two parcels); New Zealand Breweries, 78s 6d, 77s (id (two parcels); Staples’ Brewery, 55s (two parcels); 54s 6d; Tooth's Brewery, 60s; Timaru Brewery (5s paid), 8s 6d; Beath and Co.- (Is paid), 9s 3d; British Tobacco Co., 48s 5d (two parcels). Reported sales: Christchurch Tramway Board, 5 J per cent.. 1944 (late sale 6th), £101; Commercial Bank of Australia, 29s (id (two parcels'; New Zealand Breweries, 795. Dunedin, July 8. —Sale on Exchange: New Zealand Breweries, 775. Auckland, July 8. —Stock Exchange sales: National Bank of Australasia (cont.), £9 Us? Australian Provincial Insurance, 12s 3d; Northern Steamship, 14s D<l; New Zealand Breweries, 775; Hayward's Pictures, 19s 3d; Ohinemuri, Ss M; Waihi, 12s, 12s; Mount Lyell, 21-6 7Jd. LONDON MEAT MARKET, ' PRICES AT SMITHFIELD. The New Zealand Meat Producers’ Board has received the following cablegram from its London office, dated July 5, advising Smithfield delivered prices averaged for the week ended, that date, as follows: — New Zealand Wethers and Maidens. — Canterbury quality: Selected brands, 561 b and under, 7d per lb; 571 b to 641 b, 6slb to 721 b, 544. Other brands: 561 b and under, .6Jd; 571 b to 641 b, 5 7-8 d; 651 b to 721 b, 5 Ad. New Zealand Ewes.—64lb. and under, sd. New Zealand Lambs.—Canterbury quality; 361 b and under, 9 3-8 d; 371 b to' 421 b, SJd; -131 b to 501 b, 8 1 -8d; seconds, 8 7-Sd. -Selected brands: 361 b and under, 91d; 371 b to 421 b, 8 5-Bd. Other brands: First quality, 361 b and under. 9 1-Sd; 371 b to 421 b, 8-Id. Second quality. 301 b to 321 b average, 9 l-Bd. Argentine Lambs.—First quality: 3Glb and under, Sjd; 371 b to 421 b, 74d. Argentine Chilled. ‘Beef.—Ox fores. 4*d; hinds, 7Jd. Australian Frozen Beef. —Ox crops, over 1001 b, U.d; hinds, over 1601 b, 5 5-Bd. •New Zealand Frozen Pork. —Porkers, 601 b to 80lb, 84d; 811 b to 991 b, BJd; 1001 b to 1201 b, BJd; baconers, 1211 - to 1801 b, BJd. Lambs.—T-he market is easier. Mutton market.—Heavyweight wethers are firm. The demand is better for ewe#. New Zealand Porker Pigs.—Nominal prices. New- Zealand Baeoner Pigs. —Better inquiry owing to improved bacon market. LONDON MARKETS. DAIRY PRODUCE QUOTATIONS. The New Zealand Dairy Produce Board has received the following market report from its London office dated July 5, 1929, prices for the previous week being shown in parentheses:— BUTTER. New Zelaand. —Salted: 170 s to 173 s per cwt, ex 174 s (170 s to 1725); unsalted, 17Os to 172 s per cwt (l6Ss to 1725). Australian. —Finest salted; 164 s io 168 s per cwt (163 s to 168 s); unsalted. 164 s to 170 s. Argentine. —Finest unsalted: 160 s to 164 s per cwt (160 s to 1645). Irish creamery. —-Salted: 168 s to 169 s per cwt (166 s to 168 s); unsalted, 172 s to 173 s per cwt (169 s to 171 s). Danish. —169 s f.0.b., 176 s io 177 s spot (170 s 176 s to 178 s). Dutch.—Unsalied: 166 s per cwt (166 s to 1725). Esthonian.—-162s to 161 s per cwt (1625). Latvian.—l.62s to 164 s per cwt (162=). Siberian.—ls7s to l'sSs per cwt (157 s to 158 s). Ukranian. —156 s to 160 s per cwt (158 s to 160 s). Polish. —140= io 154 s per cwt (116 s to 1545). Lithuanian. —164 s per cwt. French baskets.. —Salted: I5Ss to 164 s per cwt (1543 to 164,5); unsalied, IGOs to 165 s per cwt. Market slow. Retail prices unchanged. 170 s to 173 s equals approximately is 4-ld f.o.b. Deliveries New Zealand this week, 090 tons. In store New Zealand this week, 8950 tons.

First whey quoted at 156 s per cwt (154 s last week). Second whey, 152 s per cwt (I50s). CHEESE. New Zealand. —White, 90s io 92s per cwt (925); coloured, 92s to 94s per cwt (94s to 955). 92s to 94s equals approximately 8 3-3<i f.o.b. Deliveries New Zealand this week, 19,1'58 crates. In store New Zealand this week, 123,000 crates. Canadian. —White, 102 s to 112 s petcwt (102 s to 110 s); coloured, 102 s to 108 s per cwt (102 s to 108 s). New season’s white and coloured, 90s to 92s c.i.f. English finest farmers.—94« per cwt. Market slow. Retail prices unchanged. Estimated stocks all butters in store Great Britain at July 1, 18,285 tons, compared with last year 13,000. Estimated stocks cheese at London, Liverpool and Bristol at July 1. New Zealand and Australian, 138,000 crates (67,700 rates last year); Canadian, 84,000’boxes (32,000 boxes). Port Napier commenced discharge oi butter and cheese July 1 and completed Port Hunter commenced discharge of cheese June 26 and finished same day. The board has also received the following advice from its agents in Canada:—Butter, New York, 42 cents (is 9d); Montreal, 37 cents (Is 61d). Canadian stocks 60,021 boxes (last year 82.650 boxes).