MEAT SHIPMENTS.

Press, Volume LXIII, Issue 19147, 2 November 1927, Page 10

MEAT SHIPMENTS.

The New Zealand "Meat Producers' Board submits the following figures showing the Ehipments of. frozen meat from New Zealand to the United Kingdom and the' Continent of Europe, etc., for the period commencing November let, 1926, to October 15th, 1927, with the figures for the corresponding period last year:—

SMITHFIELD PRICES.

The New Zealand Meat Producers' Board bas received the following cable from its London office, dated October 28th, advising Smithfield delivered prices at that date as follows, prices for tho two previous weeks being

HIGH COMMISSIONER'S REPORT. The Department of Agriculture lias received the following cablegram dated October 29th, from the High Commissioner for New Zealand, London:— TALLOW. Market firm, with moderate demand at auction. Present quotations are:— Mutton—Fine 38s 6d per cwt, fair ..to good 37b to 38s per cwt, dark to dull 35b 6d to 36s 8d per owt. Beef —Sweet and or mixed 39* to 41s 9d per cwt, fair to good 36a Gd to 98s ,6d per cwt, dark to dull 34s to 36s 3d per cwt. Mixed—Fair to good 36s 6d to 38s 6d per cwt, dark to dull 34s to 36s 3d per cwt. Gut, etc. —32b to 36s 34 per cwt. ■HEMP. ' Manila market easier. "J" grade OctoberDecember shipments sold £42 and down to £4l 10s. "J" grade afloat sold £42 At the close sellers quote November-January and January-March shipments at £4l 10s. Sisal market dull, with spot and afloat preßsed for sale. Tanganyika No. 1 sold October-No-vember shipments at £36, and November-Janu-ary shipments at £36 ss. New Zealand market quieter. More offering, but buyers holding back. Closing values: Highpoints £35, fair £33, and common £32. EGGS. Arrivals are light and demand steady. Present quotations are:— English (nominal quotation)—23s to 27s per long 100. Dutch, Danish, and Fren4h—2ls to 24s per long 100. Belgian—lßs 6d to 20s per long 100. t South African and Argentine-—l4s 6d to 17s 6d per long 100. Australian —17s to 18s per long 100. Russian, Lithuanian, and Polish—lis to 16s per long 100. WOOL. Bradford market firm tone with good demand for spot tops, especially fine qualitiesAll qualities 50's and up in very limited suppl?. Present quotations are:—64's warp 4s 4d per lb, average 4s 3d per lb, 56's 31s Id per lb, 50's 2a 4d per lb, 40's prepared Is 9d per lb. .

BRUCE WOOLLEN COMPANY. A loss of £1569 on trading operations ior the year ended September 19th is showa by the Bruce Woollen Manufacturing Company, Ltd;, which contrasts with a net profit o£ £9056 last year. The report states that tho post year has been a particularly trying one for the directors, owing to its being largely a year of reorganisation coinciding with a period of general business depression. The gross profit for the year was £16,357, as compared with £26,801 in tho previous year. The expenditure totalled £17,924, against £17,745. As £1605 was brought forward from the previous year, tho loss of £1567 deducted from this leaves a balance of £3B to be carried forward. The capital of the company is unchanged at £IOO,OOO, but the directors, by the authority of the shareholders, are issuing the unallotted 50,000 shares of £1 each as cumulative preference shares, bearing interest at 7 per cent. Outstanding accounts at £6692 are £l2B larger than last year. Income-tax reserve, which stood, at £3840 a year ago, is now down to £1669; deposits at £12,839 show a reduction, of £7420. Bank overdraft has increased, and at £86,176 is £20,579 larger than tho amount shown in last year's balance-Bheet. The dividend equalisation account is unchanged at £SOOO, but the reserve account at £12.000 is up £IOOO, this amount having been added out of the profits of "last year. The plant valuation stands at £89,662, against £91,813, and premises account at £34,884, against £34,735. Tho book debts at £24,996 are only £3 more than they were a year ago. Stock totals £69,462, against £66,343, and advances on workers' homes £5221, against £5803.

OTHER EXCHANGES. (PRESS ASSOCIATION TELISftiUS.) AUCKLAND, November 1. Sales—War Loan, 1939, 44 per cent., £96 10s; Bank cf New Zealand (D prei. 10s paid), 16s Sd; Union Bank (rights), 51s, fractions 8s 9d; Auckland Gas (con.), 17s; Northern Steamship, 14s 6d; Kauri Timber, 2is 4d; Wellington Woollen, £6 3s 6d; National Pictures, 13s: Whittome Stevenson, 435; Alburnia, 3s lid, 3s Sd; Kawarau, 6d. WELLINGTON. November 1. ' Sales —Union Bank, fractions (two parcols), 9s: Bank of New Zealand, 535. Sales Reported—Ashburton Electric Power Board, 5i per cent.. £99 ss. DUNEDIN, November 1. Sales—Union Bank (fractions), 9s (four); Upper Nevis, 225; National Insurance, 80s; Bank of New South Wales, £44 sa. Sales Reported—Union Bank (rights), 50s, 50s 6d forem.); Standard Insurance, 61e (three); P. and O. Deferred Stock, £2f7o (cum dir.); Christchurch Gas (con.), 6a Gd.

BEEF. Quarter*. 1927. IMS. London 86,593 14S.479 W. Coast of U.K. .. 44,037 114,602 Havre 16.846 36,148 Antwerp i5;sce 37,458 Genoa — 40,276 Port Said 7 4g>2 — New York '.. .', 2)923 — Vancouver 200 — Marseilles 12,000 MUTTON. Carcases. 1927'. 1926.London .. 1,868,350 2,091,423 W. Coa-st of UK. .. 194,974 176,810 Halifax 100 — .New York 5,101 — Vancouver 3,703 — Antwerp 2,500 LAMB. Carcases. 1927. 1926. London .. 4,512,657 4.219,204 V)'. Coast of U.K. .. 848,181 833,147 Halifax 3,753 — New York 2 321 — Vancouver i',451 PORK. Carcases. 1927. 1926. London 41,200 23,628 W. Coast of U.K. .. 40,144 23,734 Genoa It) 23

also shown: — Oct. Oct. Oct. 0 8. 21. 14. d. d. ■ d. N.Z. Wethers and Maidens— Canterbury quality— Selected brands: 36-under . . 0?.62 63 57-64 uj 63 6J 65-72 55 6 6S Other brands: 56-undor 5^ 64 6i 57-64 53 6 65 65-72 ss 51 5J New Zealand Ev.-es — 64-under .. •ii 4 J 45 N.Z. Lambs— Canterbury quality: 36-under .. 9* Oil 95 37-42 d ! i 93 9$ 43-50 <J n Oi Seconds n 94 n Selected brands — 36-under . . 9g OS 9| 37-42 Oi 9i. 96 Other brands — First quality: 36-under .. 91 9? 9J 37-12 .- 9i 91 91 Second quality; 30-32 average 94 93 9J Argentine Lambs — 1st quality: 36-nnder .. 8J 84 _ 37-42 . 8 s — Now Zealand Beef— Oi fores .. ■ 3i 3S 31 Ox hinds .. .. 54 5:t 64 Argentine Chilled Beef— Ox fores . . .1 35 31 Ox hinds . . 52 6 6& Argentine Frozen Beef— Ox fores .. ' 33 S3 33 Ox hinds . ; . 54 5% 52 Frozen Pork— 80-1201b • ... H 83 - 85 130-1801b .. 7 7 7 • Lamb—Market quiet but steady Market has been well supplied with all kinds of homekilled meat. Mutton —Wethers: Prices have receded a little owing to only moderate demand. Ewes: Demand is rather slow. Frozen pork—Nominal prices.

Buyers. Sellers. £ e. d. £ «. d. Taranaki Oilfields .. 0 8 6 0 10 0 United Pictures 1 11 6 Victoria Nyanza Sugar 2 8 6 2 9 6 Whitcombe and Tombs 3 7 0 8 3 0 Sanford, Ltd. _ ■ 1 0 3 Dominion Investments.. 0 17 6 0 19 3 Greater Crystal Palace 0 17 0 1 0 0 MINING— Kawarau 0 0 9 0 1 8 Mt. Lyeil 1 7 3 1 8 0 "Wsihi (ram div.) 1'2 5 1 3 9