BRITISH TRADE REVIEW

Sun (Auckland), Volume II, Issue 527, 3 December 1928, Page 12

BRITISH TRADE REVIEW

STOCK MARKETS DUEL EFFECT OF KING’S ILLNESS (Australian and N.Z. Press Association) LONDON, Saturday. Several causes to make most oi the siock markets dull during che last 10 aays. in the first piact die niness oi iving George had a somewhat unsettling effect, and there has oeen considerable realisation oi some of the speculative snares by weak Holders. Industrial stocks generally have oeen active, an exception being the Marconi group, in wiucn there was a mild boom, loliowmg the American iead. The one bright spot has been the gilt-edged mante-, where firmness and cfieenuiness reign. The Government conversion scheme has been favourably received, as its terms seem likely co appeal strongly to the financial noust-s, which are understood to be large holders of the maturing loans. FLOOD OF FRESH CAPITAL November was not a particularly active month for new issues. This is not surprising, considering the great hood of fresh capital appeals witnessed in October. But according to the “Financial News,” during the 11 months, January to November, there were 849 issues of all descriptions, amounting to no less than £341,245,000, compared with £205,561,000 in the corresponding period of 1927. A satisfactory feature of these issues has been that no fewer than 187 are reported to have been over subscribed and only 39 were under-subscribed. The report of the Food Investigation Board contains interesting descriptions of numerous experiments regarding the transport and carriage of food. CARRIAGE OF CHILLED BEEF Reference is made to the chilled beef experiments from Australia, which the states leave little doubt thai slightly frozen beef from Australia can be landed in Britain in good condition. But much experimental investigation is necessary before an opinion can be expressed as to the possibility of carrying ice-free chilled beef over such a long journey. Other experiments indicated that certain coarse joints of meat of inferior quality, carcases, for example, of aged cow beef, can be greatly improved by hanging. The meat was hung for 17 days in a temperature of 41 degrees Fahrenheit and was still perfectly sweet. EXPERIMENTS WITH APPLES A number of experiments were carried out in regard to forecasting the life of the apple. A detailed study was made of 120 apples selected from a representative orchard. It was found that trees with the largest fruit bear apples with the shortest life. It was also discovered that apples grown in heavy soil would keep twice as long at 34 degrees Fahrenheit as those off the lightest soil. Chemical of the soils indicated generally that co-relation existed between the keeping quality of the fruit and the available potash and phosphoric acid in tne soil.