FINANCE AND COMMERCE

Taranaki Daily News, 6 August 1934, Page 16

FINANCE AND COMMERCE

MEAT MARKETS IN LONDON QUOTATIONS FAIRLY STEADY. NEW ZEALAND LAMB LOWER By Telegraph—Press Assn—Copyright Rec. 6.30 p.m. London, Aug. 4. Following are the latest quotations for frozen and chilled meat, with those of the previous week for comparison:— FROZEN MUTTON. New Zealand— Wethers and maiden ewes, Canterbury and North Isd. d.

The weekly quotations are based on actual sales of wholesale quantities of carcases of mutton or lambs 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. SALES OF STOCKS AND SHARES. NEW ZEALAND TRANSACTIONS. The following sharemarket business was reported by the Press Association on Saturday:— Wellington: John Fuller debentures, £77 10s; Woolworths Ltd. (ord.), 68s 6d; Henry Jones, 30s 6d; Dominion Fertiliser, 18s 6d. Dunedin: Reported: Reserve Bank, £6 6s; E.S. and A. Bank, £5 0s 6d; National Insurance, 19s 6d; Dominion Fertiliser, 18s 6d; Glenroy, Is 2d (late yesterday).

Sales: Bell-Kilgour, 4:fd (after call); Reserve Bank, £6 6s; Goldfields, Is. Christchurch: Commercial Bank of Australia (cum div.), 15s 7d; Goldsbrough Mort, 28s 7d; New Zealand Refrigerating (£1 paid), 18s 6d (3); North Canterbury Freezing, 20s; New Zealand Breweries, 43s lid; Electro Zinc (pref., cum div.), 345; Big River, lid; Charleston, Is Old (3); Goldfields Dredging, Is (2), Is Old (2); King Solomon, 4s; Mahakipawa, 10 Id (3); Nokomai, 3s 5Jd; Worksop, Is lid. Reported: New Zealand Breweries, 43s Ud (2); Australian Glass, 48s; Mahakipawa, lOd, lOJd; Big River, llld; Reserve Bank, £6 ss; British Tobacco, 36s 9d; Mossy Creek, Is Bd. Unlisted Stocks sale: Woolworths (Sydney), ord., 68s 9d, 68s lOd; Auckland: Stock, 1940, 4 per cent., £107; Bank of New Zealand, 46s 9d; Reserve Bank, £6 5s 9d; A. and P. Assurance, £lO 2s; Farmers’ Co-op, Auctioneering (£5 paid), 755; Auckland Gas, 25s 3d; Kauri Timber Co., 17s 8d; Dominion Pictures, 16s; Skippers, lOd; Rawang Tin, 9s 3d. DAIRY PRODUCE MARKET. BUTTER FIRM AT 80s. The dairy produce market is unchanged, according to the week-end reports received by Taranaki agents. Tire reports are:— A. S. Paterson and Co. Ltd. (J. and J. Lonsdale and Co. (London), Ltd.): The butter market ’is firm. New Zealand, 80s; Australian, 755; Danish, 90s f.0.b., Ills landed. Cheese is firm. White, 49s 6d; coloured, 46s 6d. Collett and Co. Ltd.: Creamery butter, finest, 79s to 80s; first, 78s to 795. Cheese, white, 49s to 50s; coloured, 45s to 465. Anglo-Continental: Butter, 80s; market firm. Cheese, white, 495; coloured, 465; steady. SOUTHERN GOLD RETURNS. By Telegraph—Press Association. Greymouth, Last Night. Brian Boru dredge returns last week were 22 ounces of gold for 126 hours. DAIRY PRODUCE PRICES. FIXATION BY DAIRY BOARD. Wellington, Aug. 4. The New Zealand Dairy Board has fixed the minimum price for f.o.b. and c.i.f. sales on the basis of butter at 8 7-8 d f.o.b. and cheese s}d. These prices are to rule until next Friday. AUSTRALIAN QUOTATIONS. By Telegraph—Press Assn.—Copyright. Rec. 6.30 p.m. Sydney, Aug. 5. The wheat market has risen remarkably in the last few days. Bulk wheat is now quoted at 3s 7)d per bushel and bagged for August trucking at 3s B}d. Chicago quotations are: September, 1 dol. 4J cents; December, 1 dol. 6 3-8 cents; May, 1 dol. 91-8 cents, reports a New York cable.

and selected July 2 8 Aug. 4 48/561b 54 54 57/641b 54 51 65/721b 54 54 North Island: 45,561b 57/641b 5.1 54 5.1 5 F 65/721b. 54 54 Ewes: Under 481b 4.', 34 48.'641b 33 33 65/721b 33 31 Australian— Wethers: First, 40,'651b 41 44 Second, 30/551b 43 44 Ewes, 30/551b 43 4 Argentine— Wethers: First, 48/641b .. 5 5 First, 65/721b 4g 44 Patagonian— Wethers and maiden ewes: Under 501b 44 44 ' 50/601b 41 4s Under 501b. 5 5 FROZEN LAMBS. New ZealandCanterbury: 361b. and under ...... 71 74 37/421b 63 63 43/501b 64 61 Second, about 321b. .. 7 64 Other South Island: 361b. and under ...... 74 74 37/421b 64 63 Second, 43/501b 64 61 North Island selected: 361b. and under 7 7 ’ 37/421b 6S dj 43/501b 64 61 Second, about 321b. .. 64 64 North Island, other: First, 361b. and under 74 74 First, 37/421b 6? 64 Second, about 321b. .. 7 7 Australian— Victorian: First, 361b. and under 61 61 First, 37/421b 61 6{ Second, 361b. & under 6.? 63 Other States: First, 361b. and under 63 61 First, 37/421b 6J 6.i Second, 361b. & under 6f 63 All States: Second, about 361b. .. 64 64 ArgentineFirst, 361b. and under 7 7 First, 37/421b 64 61 Second, about 281b. .. 7| 73 Patagonian— First, 361b. and under 64 64 37/421b 64 64 Second, av. about 301b 64 64 FROZEN OX BEEF. New Zealand— Fores, 160/2201b 2 2 Hinds, 160/2201b 3 3 Australian— Crops, 1001b. and under 24 24 Over 1001b. 24 24 CHILLED OX BEEF. Argentine— Fores, 160/2201b 2g 23 Hinds, 160/2201b. .... 51 53 FROZEN PORK. New ZealandFirst, 60/SOlb 5j 51 First, 81/1001b 53 53 First, 101/1201b 54 5:1 Australian— First, 60/1011b 54 53 First, 101/1201b 51 54