LIVE STOCK SALES.

Dominion, Volume 5, Issue 1315, 19 December 1911, Page 8

LIVE STOCK SALES.

Me"rs. Abraliam and Williams report that, at tlieir store stock sale afJohnsonville on Monday, a yarding-'of .16C0 sheep and a. few pens of cattle-came forward: Buyers were in good attendance, and a good sale resulted, everythins being cold. Good 4-tooth wethers uiado 12?. 'A.. 12s. SA., to 129. "9d.: others. , 11s. ICd.:'[.f.m. ewes, lCs. 2d.: f.m. ewes, 95.: aged ewes,-5-.- 7d.; cwea and lambs, 11s. ICd. to 145.; heifers in cilf. £.3 10s. to £$ Us. 6i1.; 18-tnonUis heifers, £2 15s. to £2 14s. 6d.; empty cow's,. £3. M6««rb - . Abraham and Williams, Ltd.,.renort—At our horse sa.!o, hc!d on Saturday, Dcreinbor 1.6, we offered over. ICO .'horses, which mot with a- fair demand. Anythingheavy cold . well, but lighter sorts were hard- to quit. 'Heavy draughts, £32, - £35. to £37: lighter.' £21.' £21 10s. to .£27: unbroken light, horses, £3 tp. .f.lO 10s.: broken lillit. hor.-C: , , £3 to £15: woll-bvcd unbroken light horses, £13, £16 to £16 10s." COMMERCIAL ITEMS. .' IXVESTMEKT SHARES. , Vcsten-lay , the sales of investment, shares were- Parker. Lamb Timber, at 28s.- 6d.; Golden Bay Cement at -225. 6d.. and Jlannine and.Co. at. £4 10s. The buying and selling quotations were, aa under:— liuycrs. Sellers . - ■ £ a. d, ■ £ 9.d. X.7.. and KWcr 'Plate ... - 2 10 Well. Investment Oil 6 - Well. Trust and Loan ... i 12 .6 - Well. Deposit, -; ■ "80 Auckland .fins (£1) ......... J § J Wellington Gas (i.rcf. ,5 3 .) 0 a 6 0 6 0 Christrfiurcli Meat 14 17 6 Meat Export (525. 6d.) :■ - 3 0 0 Well" WnollHH (ord.l ..... — . 3 18 I) Well. -Wnollen .(pref.) ... 2 17.0 3 0 0 TiCVland O'llrien 10 9- - Parker, Lamb Timber ... - 19 6 C. Jr. Hanks. Ltd - 10 0 Tliniehv liore — 12 6 OoldcH Bov Cvment. 12 3 12 9 N. 7, Con. Dental - 1 2 J N Z. Paper Milla 1 0 t> Ward and Co - 5 10 0 BANK OF NKW SOCTtI WALKS. 'Jlie 'ba.l.iiicc-s.heet ot tli'e Hank of Xew ■ Soiiih'Wales, as at Scptonher 30 last..will be found, mi tinothc-r page. This is Hip oldest .tonkin; institution in Aust.ralaMa.. and its visoiir and vil.alily ire unimpaired by ».-;n. On the. contrary, I lie bnbnf-i , - ihce. under rnvicw is the - bn.'.t- yet issuctl by tliu iiistitutiiir.. The hank's irsDiin-c----amount to about .K.i.KO.Cu". and'its PMiiifor the. balf-j-ttir'-cnUcd September a lan ■K-cro tbo biggofft on rocord. Wlulo it takes £XiO.OCO to pa? the aEUftl W sa cent

dividend, (he balf.ye.Tr , :. net earniiip* «vr« i - 72,C« above that sum, adiml.ting of £53,455 beine added to (ho r-servo fund. <ind thu? raiiiiiT the latter to £2.02a,C00. The principal lijures <iT the lialani-e-?hects of the pa?t two year? i-o:iipare as under:— 1910. 1511. WM 445.™ Capital paid 2,755,E80 3,tC].OiO Kci-ervc 1,3C6,72J 1,571,543 Profit 251.-93 "SAMA Contingent 77-4.635 V 58.913 42,711,127 4;>,586,963 .\ : -'eti-C3-O1 9.J35.3C2 8.325,339 \oti'- - . '58.567 1,356,(99 London Callmoney 3,C03.1t3 1,H<!.t55 fnvestmt'iits 3.179.820 I.V.VM jlills, etc 2,551,338 3.1C-".622 Advances, etc 22.C28.W7 :5,9K,113 I'remi.-e-: 750.CC0 765,iC0 Coiitineent m.l'oi 753,513 ',2,711,12? <15,i86,952 NATIONAL MUTUAL LIFE ASSOCIATION. AXXUAL MEETING. . By Tel-zrnpb—Press As-odatinn—Couyriihl (Ecc. December 18, 11.10 p.m.) Melbourne, December 18. At the annual meeting of tbo Natioua-l Hutual Life Association, the chairman, m moving tlie adoption of the report, taid the new budnofs was tlie largest ever transacted,.and amoiuiieJ t(i£i3,«£6. Xuw policies were issued, insiirin*; £3/42,833. and yielding new annual premiums of .£124,826. The total income for.the year was £1.198,148. The insurance funds totalled £6,7C2,K0. ' Attention was drawn to the larse proportion of the funds invested iu freehold mortgages, experience showing these to be a. more suitable investment thin Government municipal debentures, as they are not liable to fluctuation. The ao-oiation's securities were situated in tlie oe;t and safest localities in Australia r.n:l New Zealand. The report was adopted, aud the retiring directors re-elected. DALGKTT AXD CO., LIMITED. ANNUAL UEPOET. . . The twenty-seventh annual report of MeF-b'r--. Dalgety and Co., Ltd., ie to hand, and st.ites as follows:— The balance-sheet shows that, after providing for Iwd and doubtful debts, interest in debenture stock and debentures up to .Tune 30. dividend on preference share?, and payment of income. Inx, there reimiuf to l.he rredit of profit and.loss account, including the balance brousht forward from lain year, £271.717 2;. In..'.lay last an interim dividend was paid at, the rate of 8 per cent., per annum for the half-year er.riing December 31. amounting to £0.000, leaving a balance available ot £251,717 25., which the directors raomraend should, be appropriated a: follows:—£40,000 iu payment of a dividend at the rate of 8 per cent, per annum, free of income tas. for the halfyear, making, with above payment, 8 per cent for the year: .£60,CT.0 to the reserve fund, thereby raUinp it to £Jffl.OC-3; .£>:O,CGO to writing (town cost, of premise-; £10,OCO to the staff benevolent fund, and £81,717 2s. carried fonvird. The directors■ deeply regret having to record the dea'hs »f tbeir lat" collc.ijjue.s .Mr. W. W. Phipns (deputy chairman) : »"l Mr. .Joseph Dowling. The vacancies thus caused have been filled by tho appointment of the Hon. E. tt\- Parker as deputy chairman, and the election of Mr. It., li. Bush, and Mr. S. 1!. Livingstone-Lear-month, as directors-. The financial year, which closed on June 30 last, was one ol general' prosperity in the Commonwealth and Dominion. The season was. favourable, and prices of produce on the whole, were well maintained. The outlook at the.'moment, is not as encouraging as it was this time last year. A dry season prevails in West' Australia, and in parts of South Australia,- Ncv." South Wales, and Queensland, but the advent of early, summer rains would prevent losses and allay anxiety for the immediate future-. In accordance' with the r.-n'clea of association. Messrs. S. Fairburn. \V. O. Gilchrist, and the Hon. Edmund ■ W: Parker,. ret ire from the board but. being eligible, offer themselves for re-election. WHEAT AND FLOUB. By Telegraph— Press AP-opintinn—Oonyrifrtit London, December 17. The wheat, and dour afloat for the United Kingdom totals 2.7C0.CC0 quarters; Tor the Continent. l.lW.roO; Atlantic El'.ip-.nciUf,-271.0C3: Pacific shipments, 45.CC0. Tho-total quantity shipped to Europe during tho week aVnonntcri to 1.010.CC0 punitcr-. including. ICO.CCO from Argentina. 195.CC0 from Ru-si-'. m.Htl Damiliian. 76.CC0 from India, and 85.0C0 from Australasia. BABBITS. . Rabbits arc quiet, but firm. P.est large Sydneys are piloted at 16s. from store. Hares arc unsaleable. METALS. Silver. H'i. per oz. Iron barf, £6 12s. 6d. Fencing wire, £8 2s. 6d. per ton. HIGH COMMISSIONER'S CABLEGRAM. Tho Commerce attd Tonrlsts' Pivifion of the Department of Asrirulturo. Commerce, and Touri.itF. hns received the following ahlcgram from the Itiirh Commissioner for Nr-.v Zealand, dated London. December 16;— INote.—Quotations, tinlr-ss otherwise Epc ifled.- are avcragq market prices on spot.) Mutton.—Tbo market is firm. There is a dull sale fnr ail qualities. i n ,t stocks on hand are light, and rmall shipments are

expected. Canterbury. HA- por lb.; North Island. 4il. per lb. Lamb.—There is :i better demand. Australian niipntics arc increasing. New Zenlaud stock !.- cxhau-le-l. Australian, 4d. so 4jd. nor lb. Hoi'l.-Tho market is very firm. A shipment of North Amcrian beef lms not been 7iiadc for three weeks. Stocks of Now Zealand beef on band are light. Sow Zealand hiiidi. ild. per lb.: Xow Zealand fore*. 2id. per lb. l!ut:.rr.--'J'!io market, .if firm, and there, is a Rood demand. The average price for Hie Heel; Tor i-hoicst New Zealand butter 1.--(per nvt.i, 132.-.; Australian. 1275.: ArgeuUrn., !25.-.: Danish, 138*.; Siberian, lC6s. Cheese.-The market is firm, with more inquiry. The average prio for the week for finest .Now Zealand rliecsc (per ewt.) if 69*. Hemp.—Tin , market i- miiet, bill sternly, at about nuotalions already pivon. New Zealand (rood fair .-poi, per ton. £19 IC*.; New Zealand fair Rrade, £19: fair current Manila. £20. Forward shipment:—Xc«Zealand jjood fair, per ton, £20; New Zealand, fair crado, £19: fair current .Manila, £30 lCs. Til? output from Manila for the week was 26.CC0 bales. Waol.-Thc market remain? firm for all "Wliivil..—'l'lip market is very quiet. At last quotation, viz.:—liongbcrried, 555. bd. per oiiarter: f-liortberried. Sis. por qiiM.rlrr. . 0a.t.«.-Thc market, is firm, with an improved demand. New Zealand oats, short Hpf.rrowbill.s ex crur.ary. por quart?! - of 3S4!b. 235. 6d.; Danish' quarter of 5201b., 19s. 6d. Beans.—New Zealand beans f.a.n., new crop, per sMlb., 365. The market is firm owing to reduced supplies. I'eas.—The market ia very quiet—nothing doing. New Zealand peat-: Partridge, per 5041b.. 595. Cocksfoot Seed.—The market is firm There are light stocks on hand. DUNEDIN WOOL SALES. IBj Teleeraph-Press Association.) Duncdin, December 18. The first wool sale of the scasoii will he- held to-morrow. Owing to wet weather duriua the pan six or seven weeks only 5C67 bales will be offered, a.? against 8C72 bales at the opening pale Inst year. AIININO NEWS. WELLINGTON SUAEE MARKET. Very little business was done in mining share? yesterdav the sales bcin? ronlinod to Vailii at «s. 6d. (first, en.Hi, "and 465. 9d. (second callt. and \Vaiotahi, ss. 3d. (third pnlll. The buying and selling quotations were as under: - . . Buyer?. Sellers. ill j; s.d. Kuranui Caledoniaj] 0 10 0 1 10 Moauataiari - 0 0 10 Mountain King 0 0 i — New Sylvia 0 17 0 19 Occidental "... 0 14 — Tali.-man 3 8 0 2 8 9 Waibi 2 16 9 2 17 6 Waihi Grand Junction ... 1 10 r. HO 9 Waiotahi 0 5 2 0 5 4 Wait.a.ngi 1 0 2 in 0 .1 1 Watchman 0 2 1 0 2 3 Customs duty collected -it the port of Weiliugton yesterday amounted to £1881 143. Id STOCK EXCHANGE. (Bj Telesraph—Press. Association.) Auckland, December 13. Biisine:-? done:— Moanataiari. Bd.. BJd. Occidental, Is. 6d., Is. sd. Waiotahi, ss. 3d. Waitangi, ?.s. lid. Talisman, £2 Bs. Waihi, £2 17b. 6d. New Zeal.inrl Insurance. £4 12s. Taupiri Coal, £1 Cs." 9d. Auekland (!as, £1 85. 6d. Northern Steam, 14s. Sd. Portland Cement (new), 3j. The following business was done at the 3.15 call this afternoon:Occidental Consolidated, Is. sd. Waiotahi, ss. 3d. Crown, 2s. 7d. Golden Cross, 6d. Waihi Grand Junction, 3Ce. Mountain Kintj. 3d. Toubon, Garlick Co., 20s. Duncdln, December 18. Stock Eschangc sales:— Waihi, £2 16s. 9d. Sales reported:— lilackwatcr River, Bs. 6d. . Waihi Grand Junction, £1 10s. Stock Exchange quotations:—Dredging stocks :— Blackwatcr. buyers 7s. 6d. Golden Bed. sellers, 12s. Hartley and Jtiley, sellers Us. leland Block, sellers 4s. No Town Creek, buyers fe. 9d. Rise and Shine, buyars £1 9s. Minins stocks:— Consolidated Goldficlds, sellers 17s. 6d. Kurauui Caledonian, buyers lc. 7d., tollers Is. lCd. Saxon, scl'.ers Is.- Bd. Old Rauraki, Eollers Is. lOd. Talisman Consolidated, sellera £2 Cs. 9d. Waihi, buyers £2 16s. Waihi Grand Junction, buyers £1 9s. 9d., sellers £1 10s. 9d. Investment stocks:— Isank of .New Zealand, sellers £11 12s. 6d. Standard Insurance, buyers £1 11s. 3d. Wcstport Coal, Company, sellers £1 7s. 9d. D.I.C. (ordinary), buyers fc. 3d. Dominion Rubber, buyers ss. 3d. (prem.). New Zealand Drug Co. (£2), buyers £2 9s. Wright, Stephcnson, buyers £5 10s. Although thn first practical aeroplane was built in America, the sales of aeroplanes at nresenl are much greater in Europe than in .America. Franco leads the world in the industry, the Bleriot factory alone employing a'bout six hundred men.