FINANCE AND COMMERCE

Taranaki Daily News, 4 August 1930, Page 16

FINANCE AND COMMERCE

: BUTTER QUIET; CHEESE STEADY. FIRM MARKET INDICATED. The cheese market in London is stead y and if favourable climatic conditions obtain the prices will be maintained. The butter market is quiet, the bank holiday demand having been satisfied, the Danish price, it is reported, has fallen 10s a cwt. Quotations cabled to Newton King, Limited, on Friday, were: Salted butter, 136 s to 138 s (i3ss to 138 s the previous week); unsalted, 150 s (146 s to 150 s); wheys, firsts, 130 s (1325); wheys, seconds, 128 s (130 s . coloured cheese, 82 to S3s (83s to 81s); white cheese, 77s to 79s (78s to 80s). Collett and Company, Limited, received advice that creamery butter was 1375. to 1395, white cheese 78s to 80s and coloured cheese 82s to 84s. Prices reported to the Anglo-Contin*, ental Company were 136 s to 138 s for butter, 78s td- 79s for white cheese and 82s to 83s for coloured cheese _ Mr. Hunter Harrison was advised that salted butter was 136 s to 138 s, unsalted butter 148 s. to 150 s, white cheese 77s to 79s and coloured cheese 82s to 83s. FROZEN MEAT PRICES. QUOTATIONS FROM LONDON. Rec. 5.5 p.m. : London,. Aug. 2. - Friday’s closing prices for frozen meat were» —• New Zealand sheep. —- Crossbred wethers and maiden ewes, North Island, 571 b to 641 b, 4 3-8 d; 651 b to 721 b, 4 3-8 d; ewes, 481 b to 641 b, 3 l-Bd. • Australian sheep.—Crossbreds and or Merino.wethers., second quality, 301 b o 551 b, 3 3-8 cl; ewes, 301 b 40. 551 b, 3 l-Bd. Argentine sheep. —First quality crossbred wethers, 481 b to 641 b, 4d; 6olb: o 721 b, 3 3-Sd. 0711 New Zealand lambs.— Canterbury, 371 b to 421 b, 8 7-8 d; 431 b to 501 b, second quality, average-311b, Island brands, 371 b-to 421 b, to 501 b, 8 3-8 d; selected North island brands, 371 b to 421 b, B|d; 431 b to 501 b, 83d; second quality, aveittge 3Hl>, < 3-8 d; other North Island brands, second quality, average 311 b, 7H Australian lambs. —Victorian, _ firs quality, 361 b and under, 7Jd; 371 b to 421 b, 7Jd. . 71 , Argentine lambs. —First quality, 37 to 421 b, 6Jd; 431 b t 0 501 b» s^d ‘ £ New Zealand frozen beef.—Ox fores, 1601 b to 2201 b, 3gd; ox hinds, IbOlb to 2201 b, 5 3-Bd. , Australian frozen beef—Ox crops, under 1001 b, 31d; over 1001 b, 3Jd. Argentine chilled beef. —Ox fores, lb to 2201 b, 4id; others unchanged. LIVE STOCK MARKET. FEILDING QUOTATIONS. A largo yarding of. fat sheep was offered, at. the stock eale at. Feilding on Friday, but prices were maintained. Good quality sheep sold rather better, but those in, poor condition were easier in price. Dairy cattle, were yarded in large numbers. Good cows and heifers, especially thos§ of the Jersey breed, were largely soug'ht. Prices were: Sheep: Prime fat lambs, 18s to 20s 6d; good, 16s; medium, 14s 8d to los 3d; fat black-face hoggets, very good condition, 27s to 28s Gd; prime fat

ewes, 22s to 22s 7d; good, 19s 7d to 21s sd; medium, 15s to 19s 6d; fat wethers, very good heavy weights,. 26g 9d to 275; g00d,.. 25s to 265; medium, 22s to 235; forward store wethers, 20s 6d; mixed- sex hoggets, fair condition, 12s lid; ewe hoggets, 15s 2d; 2 and 4-tooth ewes, running with Southdown rams,' 23s 6d; 4-year, 225; 4 and 5-year ewes, good, 23s sd. Dairy stock: Choice springing heifers, £lO to £lO 15s; good, £8 15s to £9 IDs'; inferior heifers, just calved,' £7 10s; springing cows,- very good quality, £l5; good, £lO to £11; medium, £9; inferior, £6 to £7 ss. COMPANIES REGISTERED. VARIOUS TARANAKI INTERESTS Registration of the following companies is reported by the Mercantile Gazette: — Morris’s Red Book Store, Ltd.; private company. Capital: £lOO9 in 100'0 shares of £1 each. Subscribers: Hawera—A. E. Morris 500, M. E. Morris 500. Stationers, printers, and booksellers. Hay and Maxwell, Ltd.; private company. Office: Seddon Street, Raetilu. Capital: £lOOO in 1000' shares of £1 each. 'Subscribers: New Plymouth — A. Hay. 000, H. C. 7 Maxwell -400. Bakers, confectioners, milk sellers, refreshment room proprietors, etc. ' Devine and Company,- Ltd.; private company; Capital: £55'00 in 5500 shares of £1 each. Subscribers: Palmerston North —W. Devine 3500. New Plymouth —J. F. Devine 2000.. Wine, spirit, and beer merchants, bottlers, importers, distillers, tobacconists, etc, New Plymouth General Cleaning Co., Ltd.; private company. Capital: £4OO in 400 shares of £1 each. Subscriberis: New Plymouth —W. A. Oliver 200, B. Shaw'2oo. Objects: To carry on the business of general cleaning in all its branches. . THE SHAREMARKETS. Auckland, August 2.—-Stock Exchange sales; Auckland Harbour Board, 1937, 5| per cent., £96 10s; Commercial Bank of Australia, 21s 4d; Bank of New Zealand, 56<s; Grey Valley Coal, 23s 9d; New Zealand Drug, 62s 6d; Milne and Choyce, debenture stock, 255.