COMMERCIAL

Star (Christchurch), Issue 18937, 6 December 1929, Page 11

COMMERCIAL

FINANCE AND MARKETS.

N.Z. MEAT BOARD ENGAGES TRAVELLER TO VISIT SHOPS.

Having before it the fact that the Dominion is steadily increasing its output of lamb, the New Zealand Meat Producers’ Board has been using every means to create a still further demand in the Home markets. Important extensions of its advertising activities have been inaugurated by the board and a very interesting and valuable report from its London manager was recently considered by the board. The following extracts are taken from the report referred to:— “The Meat Board is the first body to exploit advertising in the butchers’ shops and because of this we have a wonderful response from the retailer. We have received many letters from butchers this season complimenting us on our advertising campaign and informing us how it had helped them to increase their trade in New Zealand meat.” “This present season we have distributed the following material throughout retail shops right through the United Kingdom: 5250 streamers, 4500 show cards (this was specially to advertise the first arrivals of new season’s lamb); and the advertising material foi the main campaign was distributed as follows: —29,500 streamers, 82,500 cutout show cards, 18,500 large show cards. 70,500 window discs, 5000 van discs. In addition to this we have distributed over 2,770,000 of our new booklets, through the retailers throughout Great Britain. On looking into the districts in which this material has been distributed, I can safely say that it has' been very widely distributed throughout every county." The board has felt for some time, however, that there must be a connecting link between the retail shops and its London office, and it has therefore decided to engage a travelling representative to continually visit retailers through the United Kingdom, with a view to specially extending the trade in New Zealand mutton and lamb. The London manager goes on to report in detail the great assistance which has been rendered by a number of the extensive organisations who retail our meat at Home. He mentions that some of these big concerns who have been assisting the board in the past, propose to go more extensively into New Zealand meat advertising next year. MELBOURNE MARKETS. (United Press Assn.—-By Electric Telegraph—Copyright.) (Received December 6, 11.30 a.m.) MELBOURNE, December 6. Market quotations are: — Wheat—ss 4id a busheL Flour—£l2 15s to £l3 a ton. Bran—£7 15s a ton. Pollard—£B 15s a ton. Oats—3s 6d to 3s 7d a bushel. Barley—English, 4s a bushel. Maize—ss lid to 6s a bushel.

INCREASED SHIPMENTS OF WOOL REPORTED BY LOAN COMPANY.

(United Press Astra.— By Electric Telegraph—Copyright. > (Received December 6, 1.5 p.m.) LONDON, December 5. Mr Alfred Shepherd, presiding at the annual meeting of the New Zealand Loan and Mercantile Company, said that the company handled in the past year 305,681 bales of wool, valued at £6,634,023, compared with 276,438 bales, valued at £6,918,829, in the previous season. Shipments to London increased by 10,404 bales, worth £277,344. The credit balance of commission was £697,482, an increase of £19,028. The Bawra payment had been placed to reserve. General administration expenses increased by £29,081. Agencies were being created in South Africa, Canada, the United States and Europe. WHEAT. (United Press Assn.—By Electric Telegraph—Copyright.) (Received December 6, 11.30 a.m.) LONDON, December 5. Chicago wheat quotations are:—December 1263 cents a bushel, March 133| cents, May 1373 cents, June 137$ cents.

STOCK EXCHANGES.

CHRISTCHURCH. Following are to-day’s quotations:—

Sales on ’Change.—New Zealand Government per cent Inscr., 1938, £99 17s 6d; Dalgety and Co., £l2 17s 6d, £l2 18s; Goldsbrough Mort, “rights,’* 5s Id (two parcels); New Zealand Guarantee Corporation, 8s 7d; New Zealand Breweries, 85s 6d. Sales Reported.—Mt Lyell (cum div.), 41s sd; New Zealand Drug Co., 73s 3a. Number of Shares.—loo New Zealand Government 4} per cent Inscr., 1938; 40 Dalgety and Co.. 172 Goldsbrough Mort (Tights”), 100 New Zealand Guarantee Corporation, 100 New Zealand Breweries, 50 Mt Lyell (cum div.), 50 New Zealand Drug Co. OTXSB EXCHANGES. Per Press Association. AUCKLAND, December 6. Sales—Waihi, 13s 8d; British Tobacco, 45s 3d. Sale reported—Pukemiro, 73s 6d. WELLINGTON, December 6. Sale reported—Commercial Bank of Australia (ord.). 26s fid.

Buyers. Sellers. N.Z. GOVT. STOCK4J p.c. Inscr., 193S 99 15 16 12 0 100 0 0 p.c. Inscr.j 1941 99 6 100 5 0 5* p.c. Inscr., 1933 99 12 6 100 10 0 5J p.c. Inscr., 1933 55 p.c. Bonds, 1933 55 p.c. Inscr. and 100 100 10 10 0 101 2 6 OTHER“dEBENTU RES-^ 0 Trams, 45 p.c.. N.Z. Breweries (Bonds) N.Z. Refrigerating:, 1 8 3 65 p.c., 1935) .. Glaxo, 6J p.c.. 99 0 0 91 BANKS— Aust. of Comm. . 1 9 3 1 10 10 0 Comm, of Aust. .. 1 6 5 1 8 Comm, of Sydney 23 7 17 6 25 0 1-1 0 National of A’asia ■ ° ° 1 L (£10 paid) .... 16 10 0 17 0 0 (£5 paid) S 4 6 8 6 0 NatL of New Zealand (cum div.) New South Wales New Zealand (cum div.) 16 15 42 7 6 42 0 2 19 10 3 0 2 Queensland ...... 13 10 0 5 0 INSURANCE—' Mercantile Mutual 15 1 10 0 Queensland .... 17 0 LOAN AND AGENCY— Dalgety and __Co. 12 IS 0 13 0 0 (“rights") United Building Society N.Z. Guarantee Corporation SHIPPING— Huddart-Parker FROZEN MEAT— Canterbury (ord. 0 5 1 0 5 2 0 14 10 0 15 2 0 8 6 0 8 7 2 2 4 2 2 8 19 Canterbury (pref. cum div.) .... N.Z. Ref rig. (£1 N.Z. Refrig. (10s 10 North Canterbury Freezing WOOLLENS— Kaiapoi (17s pd.) 0 3 1 0 9 0 12 6 Ka.ia.poi (7s paid) 0 3 Stockton (ord.) .. 0 2 10 GAS—— 0 Christchurch (10s 13 5 BREWERIES — Monteiths (cum New Zealand .... 4 5 0 0 0 Timaru (5s paid) 0 7 0 X 6 10 0 Ml SCELLANEOUS — tilleries Australian Iron 1 1 0 1 2 3 __ and Steel _(pref) 1 0 0 6 Beath and Co. (is British Tobacco Broken Hill Pty. 5 1 1 5 6. 5 6 Burns, Philp .... Canterbury Central Dairy (35s pd.) Colonial Sugar .. Dunlop Rubber . . 2 6 1 9 6 49 n 1 4 0 Electrolytic Zinc 13 3 9 Greater Crystal Hume Pipe (Aust.) 0 IS 6 Mt. Lyell (.cum o 8 N.Z. Drug Co. .. N.Z. Farmers' Co- __ op. Jlst pref) . . 13 4 3 13 9 4 2 0 op. (“A” pref.) N.Z. Farmers' Coop. (6J p.c. Stk., 90 0 2 19 0 N.Z. Farmers' Coop. (65 p.c. stk.. 90 10 N.Z. Farmers* Coop. (65 p.c. Stk., N.Z. Farmers' Fer- .> N.Z. Paper Mills . 1 0 6 Wilson’s Cement . 2 0 0 Mahakipawa .... 0 0 4 0 0 5 Winding Creek (Is (prem.) paid) .... Winding Creek (6d 0 1 0 Stoney Creek (6d paid) 0 0 10)