FINANCE AND COMMERCE

Taranaki Daily News, 28 April 1930, Page 16

FINANCE AND COMMERCE

FROZEN MEAT MARKETS.

FRIDAY’S CLOSING PRICES.

By Telegraph—Press Assn. —Copyright.

Rec. 5.5 p.m. London, April 26. Friday’s closing prices for frozen meat were:—

New Zealand sheep—Canterbury and North Island crossbred wethers and maiden ewes, 48/561b., 5Jd; 57/641b., 5 l-8d; 65/721b., 4Acl; North Island, 48/56 lb., sid; 57/641b., 4 7-8 d; 65/721b., ewes, 48/641b., 3Jd; 65/721b., 3Jd. Australian sheep.—First quality crossbreds and/or Merino wethers, 40/651b., 4d; second quality, 30/551b., 4d; ewes, 30/551b., 3jd.

Argentine sheep. —First quality crossbred wethers, 48/641b., 4Jd; 65/721b., 3 7-8 d; over 721 b., 3 3-Bd. New Zealand lambs. —Canterbury, 36 lb. and under, B}d; 37/421b., 7£d; 43/50 lb., 7d; second quality, average 331 b., 7 5-8 d; other South Island brands, 361 b. and under, 8d; 37/421b., 7 3-8 d; 43/501b., Gid; selected North Island brands, second quality, average 311 b., 8d; other North Island brands, first quality, 361 b. and under, 8d; 37/421b., 7£d; second quality, average 311 b., 7£d Australian lambs. —Victorian first quality, 361 b. and under, 7ld; 37/421b., 7d; other States, first quality, 361 b. and under, 7d; other States, first quality, 37/421b., 6id; Victorian, second quality, 361 b. and under, 7 3-8 d; other States, second quality, 361 b. and under, 7id; all States, third quality, 7Jd. Argentine lambs.—First quality, 37/ 421 b., 6Ad; 43/501b., Cd. New Zealand frozen beef.—Fores, 160/ 2201 b., 3<d; ox hinds, 160/2201b., 5 5-Bd.

Australian frozen beef. —Ox hinds, over 1601 b., 5 5-Bd. Argentine chilled beef.—Ox fores, 160/ 2201 b., 3fd; ox hinds, 160/2201b., 6 5-Bd. New Zealand pigs.—First quality, 60/ 1001 b., 10 l-8d; 101/1201b., B£d; others unchanged.

QUEENSLAND CONVERSION LOAN.

INTEREST YIELDED AT ONCE.

London, April 25.

The Queensland conversion loan underwritten yesterday is redeemable in 1934-36. Holders of £3,781,700 at 3J per cent., maturing on July 1, are invited to exchange into 5J per cents, at 97. Cash applications are also invited with payments of 5 per cent, on application and 92 per cent. on. July 1. The loan yields interest at once of £5 13s 6d per cent.; with redemption in 1934 it yields £5 17s 3d per cent.; and with redemption in 1936 £6 2s Id per cent.

GRAIN AND PRODUCE PRICES.

AUSTRALIAN MARKETS.

By Telegraph—Press Assn.—Copyright.

Rec. 10.30 p.m. Sydney, April 24. Wheat. —Country bagged lots, 3s lid to 4s; ex truck Sydney, 4s Gd to 4s 7d. Flour. —Quiet, £ll. Bran £8; pollard, £8 ss. Oats.—Tasmanian white to 4sr, Algerian 4s to 4s 3d. Maize 6s. Adelaide reports wheat in growers’ lots at 4s 3d. Flour. —Bakers’ lots £lO ss. Bran £7, pollard £7 17s Gd. Oats. — Algerian feed 2s 8d to 2s lOd.