FINANCE AND COMMERCE

Taranaki Daily News, 29 May 1933, Page 12

FINANCE AND COMMERCE

RISE IN LAMB CONTINUES LONDON FROZEN MEAT MARKET. MUTTON SECTION STEADIER. By. Telegraph—Press Assn. —Copyright. Rec. 5.5 p.m. London, May 27. Following are the latest quotations for frozen and chilled meat, with those for the previous week for comparison:—

price for first quality large ex store is Ils. 6d. (12s. last week). The weekly quotations are based on actual sales of wholesale quantities of carcases of mutton or lamb, or of quarters of beef delivered to Smithfield market and/or London stores. They are compiled by the quotations committee, Smithfield. To arrive at the equivalent ex ship values, one farthing per pound should be deducted from the prices quoted above. Quotations given represent the average for the week and are not selected lines, but for parcels fairly representative of the bulk of shipments now on offer. SHAREMARKET TRANSACTIONS. NEW ZEALAND EXCHANGES. Dunedin: Sales on exchange: Southland Frozen Meat, 445. 3d. Reported sales: Refrigerated (cont.), 4s. 2d.; Colonial Sugar, £56 12s. 6d.; Wilson’s Cement, 31s. (cum); Okarito, Ils. 3d. (cum); Big River, Is. 6d.; Gillespie’s Beach, Is. 6d.; Okarito, 11s. 3d. (after call); Waitahu, 7s. (after call). Auckland: Sharemarket sales: Bonds, 4 per cent., 1949-55, £lOO 10s.; Stock, 4 per cent., 1940, 1946, 1949 and 1955, £lOO 7s. 6d.; New Zealand Insurance, 48s. 7d.; Queensland, 515.; New Zealand Newspapers, 245. 6d.; Wilson’s Cement, 30s. 9d.; Waihi, 21s. 9d. OTAGO APPLES IN LONDON. By Telegraph—Press Assn. —Copyright London, May 26. The Port Dunedin’s Otago,apples sold as follows: Jonathans and Delicious, 10s. to 12s. a case; Wine Sap and Hoovers, 10s.; Stunners, 12s. NATIONAL MORTGAGE DIVIDEND. By Telegraph—Press Assn. —Copyright Rec. 6.30 p.m.' London, May 27. The National Mortgage Agency of. New Zealand has declared an interim dividend of 2j per cent tax free.

FROZEN MUTTON. New Zealand — May 20 May 27 Wethei's and maiden ewes: Canterbury and North Island selected. g 48/561b 3i 3i 57/641b 3 65/721b. 22 22 North Island— 48/561‘b 31 32 . 57/641b ■ 23 21 65/721b 2i 2S Ewes— Under 481b 3g 31 • 48/641b 2.1 22 65/721b. 3i 2g Australian — Wethers: First, 40/651b. 33 3 Second, 30/551b 3g 32 Ewes, 30/551b. 33 3 Argentine— Wethers: First, 48/641b 3i 33 First, 65/721b 23 23 Patagonian— Wethers or maiden ewes: Under 501b 23 33 50/601b. 3 3 Ewes: 40/501b 33 33 FROZEN LAMB. New ZealandCanterbury: 361b. and under ....... 52 53 37/421b 43 53 43/501'b 4| Second, about 321b. 52 53 Other South Island: 361b. and under ...... 52 53 37/421b. 43 53 43/501b 43 43 North Island selected: 361b. and under ...... 53 6 37/421b 43 52 43/501b i 43 44 Second, about 321b. 5£ 53 North Island, other: First, 361b. and under . 53 52 First, 37/421b 42 5 Second, about 321b. 52 58 AustralianVictorian: First, 361b. and under . 5i 52 First, 37/421b 43 4f Second, 361b. and under 52 51 Other States:— First, 361b. and under . 4? 5 First, 37/421b 43 43 Second, 361b. and under 53 53 All States: Third, about 261b. ..... 53 53 ArgentineFirst, 361b. and under 52 52 First, 37/421b._ .......... 42 42 Second, about 281b. .... 5| 52 PatagonianFirst, 361b. and under .. 45 43 First, 37/421b 43 43 Second, average 301b. .. 5 5 FROZEN OX BEEF. New Zealand— Fores, 160/2201b. ........ 23 23 Hinds, 160/2201b 2| 2§ Australian— 2i Crops, 1001b. and under . 22 Over 1001b 23 23 Hinds, 1601b. and under . 22 22 Over 1601b. 21 23 -• CHILLED OX BEEF. ArgentineFores, 160/2201b. ....... 33 23 Hinds, 160/2201b 5i 5 FROZEN PORK. New ZealandFirst, 60/801b 43 43. First, 81/1001b. .' 41 42 First, 101/1201b 43 . a AustralianFirst, 60/1001b .... 43 43 First, 101/12011? 4 43 Rabbits are neglected. The nominal