FINANCE AND COMMERCE

Taranaki Daily News, 17 September 1934, Page 3

FINANCE AND COMMERCE

MEAT MARKETS IN LONDON

SLIGHT DECLINE EVIDENT.

HEAVIER PORK SHOWS RISE.

By Telegraph—Press Assn.—Copyright. Rec. 6.30 p.m. London, Sept. 15. Following are the latest quotations for frozen and chilled meat, with those of the previous week for comparison:—

FROZEN MUTTON.

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.

MINIMUM DAIRY PRICES.

FIXATION BY PRODUCE BOARD.

By Telegraph—Press Association. Wellington; Sept. 15. The New Zealand Dairy Produce Board has fixed the minimum prices next week on the basis of B%d f.o.b. for butter, and 4 7-8 d f.o.b. for cheese. GOLD DREDGING RETURN. Greymouth, Last Night. The Brian Boru dredge return last week was 17oz lOdwt for 106 hours. Christchurch, Last Night. The Bell Hooper return for the week was 31oz 6dwt. SHAREMARKET TRANSACTIONS. NEW ZEALAND STOCK EXCHANGES. Sales on New Zealand stock exchanges are reported by the Press Association as follow:— Wellington:—Sales: Big River, Is 6d; Queensland Insurance, 71s; Woolworth, Ltd., 755; Commercial Bank of Australia, 17s 7d; Wellington Woollen, £5 9s 6d. Dunedin:—Reported: Bank of New Zealand, 48s 3d; Goldfields, Is (late yesterday); Gillespie’s, Is lOd; Nevis Diesel, 5%d. Christchurch:—Sales: Commercial Bank of Australia, 17s 7d (3), 17s 6d; Reserve Bank, £6 9s (2); New Zealand Insurance, 65s 6d; Australian Iron and Steel (pref.), 23s 6d; British Tobacco (cum div.), 38s lOd (2); Dunlop Perdriau Rubber (cum div.), 20s 3d; Electrolytic Zinc (pref.), 35s 3d; Gillespie’s Beach, Is 9Vsd; Glenroy, Is 2d (2); Lawson’s Flat, 4d. Maerewhenua, sd; Mahakipawa, lO’/zd (2); Mt. Lyell, 20s Id; Rawang Tin, 9s 2d (2). Reported sales: Bank of New Zealand, 48s 3d (2); Dalgety and Company, £9 4s 6d (2); Big River, Is 6d (2); Worksop Extended, 2s; Waitahu, 4s 6d; Goldsborough Mort, 30s 6d. Sales of unlisted stocks: Argo Gold Dredging (3d paid), 414 d (2); Macetown (Is paid), Is 3d (7). Reported sales: Woolworth's (Sydney), ord., 74s 6d. Auckland: Sales: Stock, 1955, 4 per cent., £lll 10s; Waitemata County, 1949, 5j per- cent. £105; National Bank of New Zealand, £3 16s; Bank of New Zealand, 48s 14d, 48s: Queensland Insurance, 71s; Renown Collieries, 4s 6d: Auckland Gas, 26s- 9d, ditto, con., 21s: Wellington Woollen, £5 8s 9d; Consolidated Brick, 9s lid; Farmers* Trading, 6s sd; Waihi, 32s 6d;

Broken Hill Proprietary, 51s 6d; Mount Lyell, 20s 2d; Wilson’s Cement, 30s 3d; Gillespies Beach, Is IOJd. Unofficial list: Associated Motorists Petrol, 22s 9d; Woolworths (Sydney) ord., 755, 76s 6d.

LONDON METAL MARKET.

ALL ROUND EASING TENDENCY.

By Telegraph—Press Assn.-Copyright. Rec. 7 p.m. London, Sept. 14. Following are to-day’s quotations on the London metal market, compared with

New Zealand — Wethers and maiden ewes Canterbury and North Island selected. Sept. 8 Sept. 15 d. d. 48/561b 51 54 57/641b. 65/721b 5i -51 54 J North Island: 43/561b 52 51 57/641b 51 51 65/721b 5 5 Ewes: Under 481b 42 ■ 4.1 48—641b 4 33 31 31 Australian — Wethers: First, 40/651b 4i 4 Second, 30/551b 41 44 Ewes, 30/551b 4 3% ArgentineWethers: First, 48/641b 5 5 First, 65/721b. 42 42 Patagonian— Wethers and maiden ewes: Under 501b 41 41 50/601b 41 4.1 Under 501b 4-1 4A FROZEN LAMBS. New Zealand — Canterbury: 361b. and .under . 71 71 37/421b; 64 ■ 33 43/501b 61 64 Second, about 321b ..... 6J 6J Other South Island: 361b. and under 74 74 37/421b 64 6g Second, 43/50 61 64 North Island selected: 361b. and under 7 7 37/421b 61 6i 43/501b 61 64 Second, about 321b 6:1 64. North Island, other: First, 361b. and under .. 7J 74 First, 37/421b 64 64 Second, about 321b . 6g 61 AustralianVictorian: First, 361b and under ... 61 61 First, 37/421b" • 61 64 Second, 361b and .under 64 6 Other States: First, 361b and under ... 61 61 First, 37/421b 64 6 Second, 361b and under . 6 . 51 All States: Third, about 261b 64 61 Argentine— First, 361b and under .. 61 64 First, 37/421b 64 64 Second, about 281b ...... 7 61 PatagonianFirst, 361b and under ... 64 . — 37/421b 6 —’ ’ Second, av. about 301b 61 — • FROZEN OX BEEF. New Zealand — Fores, 160/2201b 24 2§ Hinds; 160/2201b. 31 31 Australian— Crops, 1001b. and under 2§ 21 Crops, over 1001b 22 Hinds, 1601b and under 33 31 Hinds, over 1601b 34 34 CHILLED OX BEEF. ArgentineFores, 160/2201b 31 2? Hinds, 160/2201b ......... 61 5i FROZEN PORK. New ZealandFirst, 60/801b 64 7 First, 81/1001b 64 6| First, 101/1201b 6i 61 AustralianFirst, 60/1001b 64 64 First, 101/1201b 61 6§

those of September 7:— 7 Sept. 14 Sept. Copper— £ s d £ s d Spot .... 27 16 10J 27 6 10| Forward ... 28 3 U 27 12 1J *ElectroIytic .. 31 0 0 30 5 0 to 31 5 0 30 15 0 Wire bars . .... 31 5 0 30 15 0 Lead— Spot .... 10 7 6 10 5 0 Forward .... 10 13 8 10 10 0 Spelter— 1 Spot .... 12 17 6 12 11 3 Forward ... 13 3 9 12 13 9 TinSpot ... 228 7 6 229 7 6 Forward ... 227 11 3 227 3 9 * American, 9 cents a lb.