ROYAL SHOW.

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

ROYAL SHOW.

HECORD ENTRIES FOR CANTERBURY FIXTURE. i Final figures relating to the entries for the Royal Show, to be held on the Addington Show Grounds, beginning on the 9th inst, indicate that the total entries constitute a record as compared with the first Royal Show held in Canterbury in 1925. Comment has been made already on the fact that the entries of pigs are a record for any ahow ever held at Addington. The revised figures demonstrate that the sheep entries are a record, and exceed in number the entries in the sheep classes at any show held on the Addington grounds. Following arc the final figures relating to the general with the figures ior tho previous Royal Show in 1925, given for comparison purposes:— Roval. Roval 1927 1925 Sheep ... .... 1186 1083 Cattle .. .. 397 480 Horses .. .. 575 647 Pigs .. .. 132 55 Honey .. .. 68 49 Dairy Produce, etc. 293 271. Timber and Gates .. 3 8 Wool .. .. 19 15 Photography, Art etc 125 121 Totals .. 2798 2729 In connexion with the show, excursion railway tickets will be issued in both the North and South Islands from 2nd to 10th November. These will be available for return until November 26th. Applications for space for side-shows close on Saturday, November sth. "ZELANDIA."

ARGENTINE CANCELS TRADEMARK. (press association telegbam.) WELLINGTON, November 1. The Vice-Consul for- the Argentine •tates that lie has received a cablegram from the Argentine Minister for Foreign Affairs, which States that the Argentine Government has cancelled the Argentine mark "Zelandia" for distinguishing butter, and that the firm of Elowson and Webster, grantees of the mark, has voluntarily withdrawn from circulation packages which displayed it. treasures have also been taken bo that no similar mark can be registered in the Argentine.

NATIONAL INSURANCE CO. [THE PEESS Special Service.] DUNEDIN, November 1. An extraordinary general meeting of shareholder* in the National Insurance Company wa* hold this afternoon to consider a number of resolutions dealing with the subdivision of the present £s' shares into shares of £1 each. Mr John Moloney, chairman •f(directors, presided. The following resolutions were submitted:— (1) That each of the existing £5 shareß be divided into five shares of £1 each, and that vpon each of the issued shares, which after •nbdiviaion will number 1,000,000, thei sum •f' 6s shall be credited up. 1(2) That tho articles of/ association bo altered in the manner following:—(a) The following article to be substituted for Article • : (6) "The total number of shares which may be registered in the branch registers •hall not exceed 500,000, namely, a maximum «2 250,000 in London and 250,000 in the •aid Commonwealth of Australia." (b) In Article 17 the figures "15,000" shall be ■nbstituted for the figures "3000." (c) In Articles 90 and 93 respectively tho words "two thousand five ihundred" shall be substituted for.tho words "fivo hundred." The chairman said that a circular had keen forwarded to each shareholder with the notice calling the meeting. It stated, inter alia: "Tour directors, after the fullest cou•iteration, have decided to recommend to shareholders the subdivision of the present £5 •hares into shares of £1 each, with a view 'to facilitating a wider distribution among tli« pnbllc of the Dominion. Your directors fatl that the step contemplated be in the best interests of the company, as the prmnt market price of the shares precludes ■any persons from interesting themselves in tUa successful Dominion enterprise." Tfce chairman added' that he did not think tfeare was anything further to say. ■ Ho would tonally move the adoption ,of Clause 1 of the nsolutions. , . Mr J. R. Ritchie seconded the motion. He 4U sot think there was need'for any further explanation. The other resolutions merely aapllted the first clause, ' fte motion was carried unanimously. ' The chairman then moved tho consequential resolutions under Clause d. Mr G. Richard«oa' «»conded the motion, which was also earrled unanimously.

, ELECTROLYTIC ZINC CO. The report of the Electrolytic Ziuc Company el Australasia for the year ended June JOUk'bit discloses-4 very • satisfactory position. Gross profits amounted to £649,461, •ad Mt profit to £398,077, which contrasts wltt *450,699 last year, and with £375,380 It 1934-25. The decline, in the net profit is accounted ..for by the fall in the prices of metals. The average price of sine during the yew was £3l 17s 9d. The dividend at tta Mr cent., which >b at the same rate u via paid last year, - absorbs-£312,000, While £4O 000 is set aside for new plant, 212.000 is' added to debenture sinking fund , reserve, and £20,000 is written off investigational research account, leaving a balance •t £5977. which raises the amount carried lonrtri to £32,663. Total reserve funds (ineludlnr depreciation reserve) amount tp <l.-170.807 or 9s per £1 share. The total Borpfau of assets over liabilities is £8,770,307, •quel to 29s per £1 share, both ordinary tad preference. Capital at £2,600,000 is ttochsßced. as also is debenture. account. The directors report that the decline in metal prices has been offset by the lower pnees paid for raw materials, increased output ot sine, improved efficiency and recoveries of metal, lower production costs, and improvement in technique in preparation of raw material! for treatment. Realisation or zinc maintained, and has aosorbed the full output. Local demand is steadily expanding, and Australian industries absorb new more than one-third of the comsany'*5 any'* production. The balance is sold in iritish, Continental, and Eastern markets.

SKINS AND HIDES. At the fortnightly sale of sheepskins, hides, tallow, and sundries nt Wellington, competition was keen, and values for dry and salted skin* were firm at late rates. vti a good demand for all weights ef hides prices for medium weight ox being slightly in advance of those ruling at last •ale; calfskins were easier. A fair demand it prices on a par with previous quotations vai made for tallow. The following is the range of prices:—Sheepskins: Halfbred BJd to ll}d, fine crossbred 12d to 14d, mediumcoarse crossbred IH<l to 13d, shot bred wools Sd to 13d, lambs lid to 13£ d, dead and damaged crossbred Bid to Hid, inferior and badly damaged 4d to BJd, pelts Sd to B}d, damp, salted, and green 5s 8d to 14s 3d; pelts, salted, 2s 6d to 2s 9d; limbs, salted, 2s to 2s 10d. Hides: Ox. extra heavy, 701b and over, to 9id 5 ox, heavy, 66-691b, 9Jd to 10|d; ox, medium, 63-58lb, 9id to 93d; ox. light, 4S-521b, 9d to 9{d; eut, slippy, and inferior, 7d to BSd; cow, heavy, 531b and over,' 93d to s)Jd; cow, medium, 45-521b, 9d to 10gd; cow, light, 83-441b, Old to lOJd; cut, slippy, and inferior, 4|d to Sfid; bull stag, 5d to 61d; yearling*. 11-161b, not quoted; yearlings, 17321b, .7id to Hid; calf, superior, up to 501b, not quoted: calf, medium-good, up to 101b, 14d to 163 d: col*, damaged, up to 101b, 2d to 13Jd. Tallow: In casks, to 24s 6d: in tine, etc., 16s Sd to 235. Horsehair, 26 jd; cow tails, 18d.

EGG AUCTION. Slessrs Harris Bros., Ltd., report that the Veekly auction sale of '-'Feather Brand" guaranteed fresh eggs was held yesterday afternoon. The following prices were realised: Hen eggs. I st grade (2oi or over) Is 6d; km eggs, 2nd grade (under 2oj), 1» fid,