CASES OF HARDSHIP TO MORTGAGORS.

Press, Volume LXVII, Issue 20168, 21 February 1931, Page 16

CASES OF HARDSHIP TO MORTGAGORS.

ADVISORY COMMISSIONERS TO ACT. - usoiunox r rauam) WELLINGTON, February 20. The Prime Minister, the Rt. Hon. G. W. Forbes, announced, to-day that ,the Government hacl made arrangements for the Commissioners'of Crown Lands in various districts throughout tho Dominion to act as advisory Commissioners in connexion with negotiations between mortgagees/ and _ mortgagors in cases of hardhip arising out of mortgagors', indebtedness. It is suggested, therefore, that , those people upsiring to .avail themselves of this ■ arrangement should get in touch with i the Commissioner of Crown Lands in their districts. . MASTERTON RAM FAIR PRICES EXCEED VENDORS' EXPECTATIONS. (VMM iSSOCUTIOX T*LSO2UH.) MASTERTON, February 20. Prices in advance of vendors' expectations were realised at the annual ram fair to-day, when stud and flock Lincolns and Southdowns were offered to a large and representative attendance of buyers. The bidding was well distributed. Flock Lincolns ranged from Ijgn to 7igns," and SbuthdoWns from IJgns to 17gns. The top price for a stud Lincoln was 32gns, for an animal sold on> behalf of A. D. McMaster (Martinborough) to L. R. Wilton (Rangituman). Stud Southdowns cold tip to 60gns. That price "was paid by W. W. Buick (Masterton) for an animal offered for Ellis Bros. (Bulls). Another ram sold on account of the carue vendor realised SOgns. FEILDING EWE FAIR. . ■ ' :: ' ■■ ' (CBSB3 ASSOCIATION TXISOBAM.) FEILDING, February 20. At ths annual ewe fair prices dropped by two-thirds compared with last year. "The ewes, generally .were in Sood condition, the local season having een favourable. . ■■■" The top price' 1 last year for twotooths Was 43a 6d: this year it was 183 7d. The '■ geheral ! range ■ of prioe9 is-' as, follows:-' . . ' .'Four to five-year ewes:. Beat-10b to lis 2d, good 8s to9a, fair 6s to 75,. poor 'from, os Sd. . , ' Four-tootlw: Beat 17n ,lld, good. 10s ; lid to 12s 9d, fait l to. IQs, poor ,6d. Two-tooths: Best. 18s 7d, good to 18s 3d, fair 16s to 1,7b- Id, poor 13s to' 14« 9d. FLOUR AND PRODUCE. ' MELBOURNE MARKETS. > ttntnl' IMII . iWOCUWOK—»T aUCTBIO VSLaOBATB—COtraiOHT.) (Received FabraaiY 20th, S.S p.m.) * ' * r MELBOURNE, February 30. Flour—Export trade ia quiet and.freight is senses. Quotation*, £8 to ,#8 5s per-ton. . Bran and Pollard —St iSs per ton. Oato—Mlllinr Is 6d to la 7d, feed !■ 6& per bushel. Barley—Engllnh waiting; 2b 6d to 2> 7d per biuhel.O*p« la negleoled.' Potatoes—J23 to £8 10s per tan. Onions—6s, per ton.

LONDON PRICJ3S. . *J* „{B«ceJrii Pebmary 20th, 7.20 p.m.) ,-'K ! - s IiONDOK, lekmir 19. itfrWw M< steady, Australian ex. store betnr prfeid at AS* 83 t0,19» 04. > peirt, MS teeng are-tan. C f vt* ,i n M ') '

"oft 5 VOP, - ENGLAND iitiwrxo V ?JUHHI,, abbocutiok—B? ■Lxenuy' t \ » WWtoWtfB—OOmBERX.) .& f i *, f? • * ..(Received ITebruary' 40th, 5.6 p.m.) / w «, .S ItONI>OIf t February 18. ~ following are of England! ' iof the .week ended February 19th:—' /ISSUE DEPARTMENT ' *-<s' £ A ft (Ait'issued— Gc+t. .debt. 11,015,100 liz clrctUa-. - . . Oihsr Govt. ..viioit 844,130,524 *jw4fesn)ifo »,. ■ • Other tecu* • j , Silver coin 4,880,878 1 '' . - ttold coin ; ' > and bullion 140,442,697 ''Total' 400,442,667 ' Total 40p,442,6&7 , BANKING DEPAHTMENT. V 4. £ £ Proprietors' ' Govt. Becu- ' capital 14,653,000 ritioa .. 89,184,962 .. 8,608,847 Other secu- ; Piblio -do- rities—- ' posit*-,. 15,167,040 Discounts Other and Add<tpo«its-~ vances .. 9,068,839 Bankers' 61,145,640 Securities 24,714,576 Other aes. 83,144,077 Votes v 66,812,078 Gold and end other silver coin , 764,068 J tills .. 1,602Total . 127,614,600 Total 127,014,606 Proportion of reserve to liabilities, 62.10 per coat.; short-dated loans, 3 per cent.; three-months bills, -39 ®er cent. The fiduciary issue of £260,000,000 consists of • the following items: —Government debt, . other Government securities', other securities, ,and silver coin. FOREIGN EXCHANGES.

•t (a«t«Z0B emsut mnuur > 1 {Beo«iv«d February SOth»> 6.5 p.m.) SVGm. February 19. ■ Th» -fallowing'»« tba eutrent rates of e*auftnge, fiompsx«4 with tbqae of February linll «M<l «AV<M

17K» *0* ,3?»r:-r , ' Par. Feb. 17. Feb. 19. ft.'to £1" .. 134.21 123.92J 128.914 Bmnsalsi wgas to £1' 85' 84.874 84.844 Celo, kr. to 1} 18.158 18.3 8 j 18.13 Copenhagen, <kr. to £1, 'A'mtt&rdjim, fl.'to £1 18.159 18.164' 18.164 12.107 12.104 lllOJ Berlin < rou$xa;u&*B to £1,«. • • 39,48 20.44 20.43fr Stockholm, Sr., to £1 18.16a 18.15 18.144' Montreal. «tol. 'to £1' 4.868 4.8511-83 4.852 XeW York, dol. to £1, 41886 4.85 31-32 4,8& 11-18 JPngtMt •• Xkaavtu fr. to' £1»«. 194.25 1841,1614 26.225 - 85.17, -0548 •Milan, to it, .. 98,43 84.685 92.801 92.624 »ohg*. to' £1 r 84.574'. 84,574 HBlnirirfoai.'inMk# to 198.25 198 it' ''fit- ' " %: , ' 193J'Ukdrta,' 'WMta'-ta ir iiss n Ms-' J, .. 2f.82S 48.90, Liiboa, , «foudo«' to 108,25 toa'.ati v,. ,>JB , T.> , 4.50 "Athens, draich to £1 876" ' 375. 871 Brah&tst/ I«i to £1 818.0 817 81? Bio pence ' t , ,t< ■, < to >!rriQ«si» 4.888 4 9-82 4 7-82 Bv<taoR Avrae, pe'nee i 'l ,to»4<S-> 47.B77 ,8511-16- . S6i M onteyjdeo, < pence 51 88i 348 Bombay, pence to *18 17J 17$ rupee Shangnai, penc» to ' 'jtsel.'"" 'S4T M» ; 184 Hanq-Kong, pence to' ■ , / ciol. '' yokohwu*, p«nco to ;ioj 4H ,, 10! 1 p "j i y •W'f* *» « '.l f 4i SUMS aims j