COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3140, 19 July 1917, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Yesterday's auotntions for investment.

FKOZEN MEAT 'MARKET. Messrs. Gilbert Audcrson.and Co. (ITr-Bsrs. Mcllsop, Elliott' and Co.. Palmcrston North, local acenti) report on the frozen Jiicat market under date London, April. 20. as follows:— ' ; . : . " , t . , Trade has met with a, remarkable setback. Fresh Government regulations have come into roreo ordering one meatless day each week in the restaurants- and limitinß the amount of meat to be eaten at a meal on other days to 6oz. The consumption of meat is, therefore, considerably reduced. On the other hand, the supply of home-grown is greatly augmented as a consequence of growers killing oil much-of their liyo stock through the request of tho Board of Agriculture that the utmost economy Bhould bo observed in tho uso of artillcial feeding stuffs; The meat market has, therefore, completely brok'en down, and business is taore or less at a standstill. In addition to this an arrangement has been made with the importers of the South American meat whereby on May 1 Argentine lambs will bo reduced to lid., and Eheep to 10d., and holders are. therefore,' making frantic endeavours to got quit of their stocks in hand meantime, with the result that there is a fall in values of anything from ljd. to 2d. per lb. in ouo week.

Market Prices for Weeks Ending: Apr. 20, Apr. 21, Apr. 13, 1917. 1916. 1917. Home-grown— Beef, sides Hi-123 93-10* 121-loJ Mutton, wethers ... 12-14 10£-12 i 12J-14 : Mutton, ewes 111-125 10 -10J 12 -12J Muttqii, Dutch — — — Tees :..-. 13-151 114-13. 131-151 Lam'o3 13 -14 121-14 16 -17 Pork 14 -141 n -12 13 -145 Veal, best 13-14 10-14 13-14 Frozen—' Mutton, N.Z. and . Aus. wethers • 8?, 75- 74* 8J Ewes ..'. 81 71* 81 S. Amer. wethers 11 9J- 9Jt 12J-12J Lamb, N. 7... and Aus. 10 8} 10 S. American 13 -12} 16 141 Pork, U.S.A. (801b.) 101 - 10j Chilled— Argentine ox forea , and hinds 92-195 81- % 93-11 I ♦Nominal. . j Customs duties collected at the port of Wolliuston yesterday amounted to £4170 17s. lid. ! I I

shares were as follow:- , i Buyers. S<Uer3. £ b. d. £ s- <1. Bank W.Z. (old) « J J Bank N.Z. (uon) 17 C 6 National MortcftKO 3 17 0 N.Z. and River l'lato ... — 1 " " Well. Gag (£10) 13 15 0 - Well. Gas (nref.) - „ ° 19 8 National Insurance 2 18 o B.B. Insurance 6 3 6 - Meat ltanort (£5) - 6 6 0 Auckland'Trams 1 J J , Huddart-Parker (ord.) ... IK J 1 «- fi Union Steam (ord) 2 19 J Union Steam, (nref.) ..... 110 " }>. A 0. Del.-Stock (10fi.) 1. 10 0 „ , „ Kaiupoi Woollen (ord.) - ' 6 » Well. Woollen (ord.) 6 6 0 - Taupiri Coal ■ J « >° » lf > 6 Wcst.port Ooal HI' ~. W«8tnort-Stoc.klon (oril.) — u 9 J WeEtport-Stockton (prof.) 011 6 T.cyland-O'Brien ;1 6 6 — Golden Bay Coraont • — 1 l o Colonial Susar : 22 0 0 -

ADVICE OP FEOZEN MEAT SHIPMENTS. March,-1917. ■ Frozen Frozen Frozen Chilled ■' mutton.' lamb. beef. beef. 'Australia 47,400 — 65.700 — Now Zealand 233.000 211,000 78,000 — S. America ...107,000 80,000 223,000. 34,008 389,400 ,291,000 366,700 9$00 March, 1916 ... 400,393 411,842 396,722 90,000