COMMERCIAL

Taranaki Daily News, 3 September 1929, Page 15

COMMERCIAL

SHAREMARKET TRANSACTIONS. Wellington, September 2.—Reported sales; English, Scottish and Australian Bank, £8 9s; Staples and Co., 53s 9d; New Zealand Insurance, 48s 3d. Sale on Exchange: Bank of New Zealand, 635. Christchurch, September 2.—Sales on Exchange: National Bank of Australasia '(£10 paid), £l9 13s 6d; National Bank of Australasia (£5 paid), £9 13s; Mt. Lyell, 45s Id (two parcels). Sales reported: Bank of New South Wales, £5l 12s 6d. LONDON MEAT MARKET. SMITHFIELD QUOTATIONS. The New Zealand Meat Producers’ Board has received the following cableoram from its London office, dated August 30, advising 'Smithfield delivered prices averaged for the week ending that date as follows: — New Zealand Wethers and Maidens.— Canterbury quality, selected brands, 56 lb and under, 6£d per lb; 57 to 641 b, 6d; 651 b to 721 b, s|d. Other brands, 561 b and under, 6 l-8d; 57 to 641 b, s|d; 6'5 to 721 b, 5 5-Bd. New Zealand Ewes.—64lb and under, 44d. New Zealand Lambs.—Canterbury quality, 361 b and under, 83d; 37 to 421 b, 8d; 43 to 501 b, 7 7-8 d; seconds, 7 5-Bd. Selected brands, 361 b and under, BJd; 37 to 421 b, 7 7-Bd. Other brands, first quality, 361 b and under, 8 1-Sd; 37 to 421 b/ 7ijd; second quality, 30 to 321 b, average, 7 7-Sd. i Argentine Lambs.—'First quality, 361 b and under, 7|d; 37 to 421 b, 7d. Argentine Chilled. Beef—Ox fores, 4 3-Sd; hinds, 7M.' Australian Frozen Beef—Ox » crops over 1001 b, 4d; hinds over 1601 b, 5 3-Bd. New Zealand Frozen Pork. —Porkers, 60 to 801 b, Bid; 81 to 991 b, 8d; 100 to 1201 b, 7|d. Baconers, 1211 b to 1801 b, Sd. Lamb Market.—Nominally unchanged. Demand is only poor, owing to hot weather and increasing supplies of Scottish hill lambs. Mutton Market.—Lightweight wethers remain unchanged. Heavyweight wethers firmer. Ewes are quiet. New Zealand Porker Pigs—Nominal prices. New Zealand Baconer Pigs.—Market is quiet and steady. - LONDON MARKETS. DAIRY PRODUCE. Dalgety and company, Limited, have received the following market advice from their head office, London under date of the 30th instant:— New Zealand . finest salted, 173 s to 178 s. New Zealand cheese, coloured,. 93s to 945; spot price for Canadian white, 91s to 925; Canadian coloured, 93s to 945. PRICES OF BUTTER AND CHEESE. PRODUCE BOARD’S REPORT. The New Zealand Dairy Produce Board has received the following market report from its London office, dated August 30, prices for the previous week being in parentheses (figures for last year are also shown in some cases): — BUTTER. New Zealand.—Salted, 173 s to 178 s per cwt (172 s to 1765), (last year, 180 s to 186 s); unsalted, 170 s to 176 s (168 s to 1725), (last year, 186 s to 190 s); first whey, 164 s (160 s second whey, 160 s (1565); 173 s to 178 s equals approximately Is 4 7-8 d f.o.b. Deliveries, New Zealand this week, 845 tons; in store, 7000 tons (last year, 5600 tons). Australian. —Salted, 168 s to 172 s (166 s to 1725). Argentine.—Unsalted, 164 s to 168 s per cwt (162 s to 1665). Irish Creamery. —Salted, 172 s (168 s unsalted, 176 s (170 s Dutch.—-Unsalted, 174 s to 178 s (166 s to 170 s). Latvian. —Unsalted, 166 s (lG4«s to 1665). Siberian. —160 s to 162 s (156 s to 158 s). Ukranian. —162 s to 166 s (158 s to 1625) Polish.—l46s to 158 s (144 s to 1545). French lsBs to 164 s (158 s to 1645); unsalted, 160 s to 165 s (160 s to 1655). Market firm. Retail prices unchanged. CHEESE. New Zealand.—White, 91s to 92s per cwt (88s to 90s), (last year, Ills to 113 s); coloured, 93s to 94s (90s to 925), (last year, 109 s to Ills); 91s to 94s equals approximately BJd f.o.b. Deliveries New Zealand this week, 19,609 crates; in store, 94,291 crates (last year, 59,000 crates). Canadian. —White, 91s to 93s (89s to 90s); coloured, 92s to 94s (90s to 925); c.i.f., 93s (89s). English.—Finest farmers’, 96s to 100 s per cwt (94s to 100 s). Market firm. Retail prices unchanged. The Mairiroa commenced to discharge cheese on August 26 and finished the same day. The Kent commenced to discharge butter and cheese on August 27 and finished discharging cheese on August 29.

The board has also received the following advice from its agents in Canada: —Butter: New York, 44 cents (Is lOd); Montreal, 39 cents, Is