N.Z. FROZEN MEAT

Sun (Auckland), Volume III, Issue 900, 18 February 1930, Page 10

N.Z. FROZEN MEAT

LARGE PUBLICITY CAMPAIGN Special to THE SUN WELLINGTON, Monday. In answer to the suggestion of Viscount Craigavon that New Zealand should take steps to inform buyers of frozen meat of the correct way to thaw the meat and use it, it is pointed out that a large publicity campaign on this point has been for some time under way. Tens of thousands of pamphlets on New Zealand Meat—the Meat of Sunshine,” have already been distributed, in this pamphlet the very point raised by the Prime Minister of Ulster is dealt with. In this pamphlet there occurs the section, “Important Notes on Cooking,” in which it is stated: “Because New Zealand meat has been subjected to freezing it is superior to home-killed meat in keeping qualities in hot wes.ther. In colder weather it should not be cooked until it is properly thawed out.” Directions for this are given, and the purchaser is warned on no account to apply artificial heat in thawing the meat. Hints for the proper cooking of the meat are also given.

EXCHANGE RATES

N.Z. TARIFF ON LONDON SELLING QUOTATIONS UP Press Association WELLINGTON, Today. BaTik! ?!t ° f the Associated mrdav that as trom yesfw Ne! T rates of exchange •Sn i 1 m London eame ‘"to Buying. Selling. ? n day™ and ■ Vn 6 K prem - =0 d o prem. • 10 6 prem. 60 days 1 % g *£f TO ’ % n prem ’ i •£ prem. Telegraphic transfer 62 6 prem. The alteration in these rates represents an increase of one-half of one per cent, in the selling rates and a corresponding reduction tn the buvinrates, which have been in operation smee January 31, when the buying rate Was reduced by 7s 6d per cent, and the selling rate increased by 10s per cent. Therefore there has been an increase in the selling rate of New Zealand on London of 20s per cent, in less than three weeks. The rates of exchange in London on New Zealand will today be brought into conformity with the new rates for New Zealand on London. The new rates represent the third alteration in two months and they mean that importers will have to face a very appreciable new inipost, while exporters with a selling bill on London against produce consigned by them will stand to gain.

CHICAGO WHEAT MARKET PRICE LEVEL DROPS United P.A.—By Telegraph—Copyright Reed. 9 a.m. CHICAGO, Monday. Tile wheat market broke sharply at noon, then recovered partially just before the close. Short covering was the main factor in stopping the selling. March wheat has established a new low record for the season. Other months are within fractions of their recent low points. The close registered was:—March, 1 dollar 13 1-S cents a. bushel; May, 1 dollar 175 cents a bushel; July, 1 dollar 18 7-8 cents a bushel; September, 1 dollar 20 5-8 cents a bushel. MINNEAPOLIS PRICES Heed. 11 a.m. NEW YORK, Monday. Minneapolis wheat broke somewhat when unfavourable reports from Winnipeg and Liverpool offset heavy buying by farm co-operatives. The Minnesota Wheat Growers’ Co-opera-tive Marketing Association announced that the buying of cash wheat will not be made public in future, but it is believed that some 20 cars were purchased today. Wheat closed: May, 1 dollar, 18 3-8 cents a bushel (2J cents less than yesterday), July 1 dollar 191 cents a bushel (2£ cents less than yesterday). *