FINANCE AND COMMERCE

Taranaki Daily News, 17 December 1930, Page 5

FINANCE AND COMMERCE

FROZEN LAMB MARKET STEADY.

WETHER MUTTON RATHER EASIER

Lamb market in steady. Arrivals, new' season’s Australian and South American lamb going into consumption steadily, but heavier landings expected within tile next week or two. Mutton, market: Wethers easier through pressure t > sell. Ewes, light-weights steady and unchanged, but market slightly easier for heavyweights. New Zealand beef: Market is quiet,-with poor demand. New Zealand porker pigs: There is a fair demand for lightweights, but trade slow for heavy-weights owing to heavy arrivals' of home killed. New Zealand baconer pFgri:. Nominal prices. ■ The above report was received on Saturday by the New Zealand Meat Producers’ Bgard from its London office, which advises that the following are the approximate average prices realised for- the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned, and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield market and/or ex London stores. Prices for the . two previous weeks are also shown: —

New Zealand Sheep.—-Canterbury, and North island selected crossbred wethers and maiden ewes, 48/sGlb., 5 1-iSd (jjd, 5 3-8 d); 57/641b.. 5d (5 l-Bd, s<d); .’65/7216., 5d (5 l-Bd, s|d); North Island crossbred wethers, and maiden ewes, 48/561b.,-.5d- (5 l-Bd, old); 57/641b., 4 7-8 d (sd, 5 l-8d); 65/721b., 4 7>-Sd (5<J, •5 J-8d) ( ; ewes,-487641b., 3Ad (same) 1 ; 65/ 721 b., 3 l-8d (3|d, 3jd). New Zealand Lamb.—Canterbury, 36 lb. and under, Sid (same), 37/421b„ 8 3-8 d (same), 43/501b., 7 5-Sd (same), second quality, average 331 b., 7 5-8 d (7 7-Bd, 7 7-Sd); other South Island brands, 361 b. and under, BJd (same), 3"/421b., Bfd (same), 43/501b., 7 5-§d (same); selected North Island brands, including Downs, 361 b. and under BJd. (same)’ 37/421b., Bjd (same), 43/5016., 7 5-8 d (same), second quality a crage • 311 b., not quoted- other North Island brands, first quality not quoted, second quality, average 311 b., not quoted.

Argentine Lamb.—First quality (new 377421 b., 7|d (same). New Zealand Beef.—Ox fores. 3Jd (3 7-Bd, 4d); ox hinds, 4|d,,.15d, 5 l-8d); cow fores and hinds, not quoted. Argentine thiUad Beef.—Ox fores,

44d (4id, -4id) ; ox" hinds, (i£d (s|d, sjd). . - Australian Frozen Beet. —Ox crops, over. 1001 b., 3<d (3 7-8 d; +d); ox. hinds, over 1601 b., 4Jd (4 7-Bd, 5 1-Sd). New Zealand prime porker pigs.— 60/1001b'., Sd (same); 101/1201b.j 6Ad (6Ad, 6Jd). ' New Zealand Prime Baconer Pigs.— 121/1801b.,‘_6id (same). ■ New Zealand Frozen Veal. —Not quot,cd* t/ . SHAREMARKET TRANSACTIONS, i Auckland, December 15.; —-Sharemarket sales: Bank, of Zealand (late sale Saturday), 50s 9d; New Zealand Insur-ance-(late sale Saturday), 41s. 6d; Electrolytic Zinc, pref’, (late sale Saturday),. 17s 6d; Bank of New Zealand, 50s 6d; Gear Meat, 29s 3d; Taranaki Oil, 2s Sd, Waihi’Gold Mining; 14s 4d. ’Christchurch, December 15. —Sales on exchange: Bank of Australasia, £9 10s 6d, £9 10s; 'Commercial Bank of Australia, 16s’; Bank of New South Wales, £2B 12s GJ (two.parcels)Gbldsbrough Mort, 19s (five parcels); New Zealand Refrigerating (10s paid), lOd (three parcels); Mt. Lyell (cum, div.), 19s 9d .(six parcels), 19s lOd; Mahakipawa Goldfields, Sd. Sales Reported: Commercial Bank of Australia, 16s; Beath and Co. (Is paid), 4s 6d. The exchange closes to-morrow, Anniversary Day. - z Auckland, Dec. 16.—Sharemarket sales: Inscribed stock, 1933, 5J per cent., £99. 10s; Auckland Harbour Boardj 1936, 4 per eeqt., £9l; Bank of, Australasia, £96 7s 'Jd; '.National Bank of Nevy Zealand, £5 ss; Bank'of New South. Wales, £2B 10s; Bank of New .Zealand, 50s 6d, 50s 3d; South British Insurance, 555; Goldsbrottgh Mort, 19s; Mount Lyall, 19s 9d. OIL BORING AT OMATA. ' Fishing for the dropped bit and drillstem is beng discontinued and the company is preparing for the more expedient method by side-tracking the obstruction, reports Coal, Oil (N.Z.) Ltd. concerning the No. 1 bore at Omata.