LIVE STOCK SALES.

Dominion, Volume 5, Issue 1414, 15 April 1912, Page 8

LIVE STOCK SALES.

Messrs. Daltrcly ar.d Company., Lid. (Palmornton North branch), report:—At our Feilding sale on April 11 we had a very good yarding o£ both sheep ami cattle, and practically all lots were sold under good competition. Aged owes, as. 3d. to 6s. 6d.: 4 and 5-year cues, IK 7d., 10s. 9d„ lis. to lis. 9d.; 6-tooth and 4-ycar ewes, to Ife.; empty ewes, to 9s. lid.: mlxctl lambs, to 9s. 5d.; wether lambs, lo Bs. id.; forward ewes, to lis. 3d.: fat and forward ewes, to lis. ICd.; vreaners, to 305.; 20-months to 2-year steers, to £4 os. Cd.; 'empty cows. £3 to £-3 10s.: forward cows, lo £4 os. 6d.; 3-ycar steers, to £5 18s. 6d.; 31year bullocks, £6 17s. to £6 18s. 6d.

Messrs. Williams and Kettle "report having held their weekly sale in Die Miller's lioad (Dannevirke) yards, on April 12, when they offered a Rood yarding cf both aheou and cattle to a pood attendance. Bidding was fairly brisk on all places cf sheep, especially lambs: but cattle were harder to quit, with the exception of dairy heifers, which *sold roadily. We have to report a total clearance, with the exception of a pen of wcancrs, at the following prices Woolly lambs, Bs. 2d.. P«. 3d.. 9s. to lCs. 7d.; shorn lambs, Bs. Sd.; shorn cull lambs, 4s. 9d.; 2 and 4-tooth wcthors, 13s. 7d.: fat and forward ewes, 10s. ICd.; s.m. owes, in lamb. 10s. 3d.. 10.?. 6t1.: cull ewes, in lamb, <s. 6d.; dairy heifer?, in en If, £4, £5, to £5 lg.; dairy heifer.*, springing, £5 to £6; fat heifers, from £4 10s. to £5 175.; empty 2-year heifers, £3 to £5 lCs.; store cows, from £2 5?. to £3 555.; cow and calf, £3 55.; 18-months Shorthorn bulls, £3 to £3 6s. COMMERCIAL ITEMS. INVESTMENT SHAKES. Sales of investment shares recorded on Saturday were: Christehurch Gas at £9. and Wellington Gas (second issue), at £16' sd. The buy ins and selling quotations were yg under:— Buyers. Sellers. £ p. d. £ s. d. Bank of New Zealand ... 11 5 0 11 9 0 National Bank 5 19 6 — National Mortgage 5 16 6 — Well. Trust and Loan ... — 7 13 0 Gisbovnc Gas — 218 0 Well. Gas -(£10) 18 2 6 18 10 0 Weill. Gas (second issue)... 16 5 0 16 7 6 Well. Gas (third issue) ... — 13 10 0 Well. Gas (prcf. £1) — J 1 6 Christ-church Meat — 1510 0 Gear Meat (£4) — WDO Gear Meat (£1) ...; 3 4 0 3 6 0 N.Z. Shipping , — 16 5 0 Union Steam . 2 7 6 2 9 0 Well. Woollen (pref.) ' -r 2 9 0 Hikurangi Coal — 019 6 Taupiri Coal . — 119 We?tport-Stofikton 0 2 6 — Leyland'O'Brien — 19 0 N.Z. Powell Vrocess — 12 6 Taringamutu Totara ... — 2 8 0 C. M. Banks, Ltd — 10 0 Crown Brewery — 1 15 0 Donaghy Hope and Twine — 12 3 Golden Bay Cement — 14 9 N. 7,. Con. Dental 1 6 110 W.F.C.A - 7 5 0 TAIUNAKI OIL WELLS, LTD. The' private cablc message received in New Plymouth recently stated that a premium of Is. 3d. had been bid on the London Stock Exchange for Taranaki Oil shares, and this is probably correct, notwithstanding the fact that the subscription list does not open in Great Britain until Monday, April' 2-2. Whether thiis movement is favourable or otherwise remains to be seen. Operations of this character nearly always take place on the London Stock Exchange in connection with I j new issues, for the "stags" are always 1 1 ready; to do a deal. -A "stag," it may bo explained, is a colloquialism for a speculator who applies for shares on stock in new concerns or issues which are quoted at a premium, hoping to obtain an allotment and sccurc a profit without holding the stock; also one who sells new securities quoted at a premium before allotment, hoping to obtain all or part of hio application, or. if unsuccessful, to secure a profit on a fall iu the market. . FEILDING MAHKET IiEPOBT. At Friday's market, Messr&i. A. H. Atkinson and Co., Ltd. (of Fcilding) sold a large penning of poultry, and a medium yarding of pigs. Good weavers and porkers sold well. In poultry, table birds made rood value; also pullets and young hen*. Chaff .®oid nt £3 to £o 10s. per ion; barley, 3s. Gil. per bushel: potatoes, Bs. per bag; onions, Bs. per cwt.; pickling onions, Id. to 1m!. per lb.; passion fruit, is. 6d. to 2s. 6d. per case; pears, 2s*. to 35.; cooking apples, 35.: quinces, Is. to Is. fid. per small bag; weaner pigs, 7s. 6d.. 9s. 6d. to lis. 6d.; suckers, 2s. 6d., 3s. 3d., to <35.; stores, 19s. fid.; light porkers, 255. to 35.«.: sows, lo 565.; heifer and calf. £7 Yte. Cd.: gig, £5 f>s. Poultry, at per pair: liens. 25., 2>. 3d., 2s. 6d. to 35.; pullets and wyandotte hens. 35., 3s. 3d.. <s.. 4s. 3d., to 4s. 9d.; ducklings. 35.: cockerels, 2s. 6d„ 35., 3s. 3d., 3s. 9d. to 4s. 3d. TAX ON GERMAN CATS. The announcement' by cablegram that the Imperial Chancellor of Germany is studying the question of taxing cats in connection with the new defence buVt'cm-, may not be the joke that some people would bo inclined to regard the message. The financial position in Germany really serious, and as far brck as the opening of the Nov.* Year the si bullion was viewed with some alarm. "Up to now," wrote the "Frankfurter Zcituiig," in the coun.c of its financial and economic review of 1911, "a very large number of people did not feci anything of the economic improvement, or did not fee! anything but its burdens. Large industries are depressed, in spite of all improvements: huge masses of consumers know nothing of it but the price enhancement for all necessaries of life. LargM parts of the rural population are heavilv elVlietod by crop failure: they arc ponding now their .sons, and especially their daughters, for work into the cities, iu order to be able lo keep their live stook over the winter; in this way tin- supply nf female Inborn*, which is already enormously iarso. is in i-rcpsed, crowding th:> male labourer.- out of The demand of Ihe labourers for higher wag.?* eon-csrondlng tn the higher cost of livinc v ill thereby be «b----strutted. ,end with it the pro>nret fur an jnsi as thai, of the huge middle ami of the S'-ent number of officials. is nnable iif>*.r »o follow Mie price enhancement-. It might- be possible, nevertheless. that In *ho now year a. holiof in the imminent iuujro Vernon t \TOuld carry away all oh-

liy it« fo:v\ and therrj»y brins: nbom lhn iihp;o VC m»umjt. IlnL ms would onW he ;v < :\ovi -lived ?ham h.'ujupr hi it fhe 0 f death from ilie hepinuinc." When it. i ; . borm* in iniml that the -.Frankfm-ter '/.eiiun«; n is ono of (lie induenti'i] novspaper:; in Germany, the imnorlanre of <-ueh a statement may 'oe e*thu;>tcd nt this- Masr. CUSTOMS. Ciirtonis revenue collected at the port r, «iv.!v ( i ] ini :t on 011 urtL'>y amounted 10 r n 2 D-» l Vo n] U i? to V' { for lho % i » 2d. lor the crjrrcsiioiuliujr week q r/" ycar ,hc siiiii collneltd was ,C 10,850 '{f. 111 '"' dnty_ onlloi-fi rl last week totallrd i.,22 6s as fts..!iist .C2?6 Is. 6d. for the uorrcpoudiug week «[ la,.', year. LONDON MAIIKF.TS. Now Zealand Loan and Mercantile Atreucy Company, Ltd.. liavc rcegived the ollowing cablegram from their London house, under date April IS:—Frown meatilierc is more inimirv for mutton Tin mai-kei is sliu'lil'v better Tor beef, ami saows increased firmness for lamb. NORTH OTACIO -AfAIiKKTS. (By TeleEraph-I'rssj Assucfatfon.l . , . Gamaru, April H. A fair amount of basine.-s has been done duriii}; the week, and a. large nnmfcer of sales have been made in" wheat. At the bcjiiniuiiK of the wiel; 3s. 6d. not at country stations was paiil, but. towards the end, 3s. 6-Jd. was given for the same class of Brain, mid for mixed lines of red chaff and velvet as high as 3s. 7d «as paid, and 3s. 7id. for velvet alone. 'Ihe price of oats is well maintained. AlKcrißiis have brought 2;. 6d. net at country istations, and Danish, Is. lid. Cartons however, liave coii'tituted the bulk of th° offerings, and Zj. has been paid, less commission, at country stations. Peed and fj (trade have sold at from Is. 10(1. to Is ll»d. the basis boins Is. lid., while A Grade sells at, 2h. A s:n:.li parcel of Cane bannj was sold at- 2>. 7d. net at eountrv stations. There has been a flutter iii potatoes. At the bexinninsr of the week they were selling at £3 !s. 6d., but, at the end, they had gone up to £4 2s. dd.. anil a considerable quantity was sold at the latter figure. The hich vriees in Australia. are responsible for this, and efforts are being made to induce the authorities there to admit them on a-ccvtiiieatc that, they arc free from disease. COMPANY DIVIDENDS. By Telesraph—Press Aseociation-Co3rrlEht . London, April 12. Tne Xew Zealand Shipping Company lias declared an interim dividend of Bs. per share. 'The balance-sheet of the Trust and Agency Company of Australasia shows that £IO,GCO has beer, placed to reserve. A 10 per cent, dividend has been declared. FKOZEN MEAT QUOTATIOX3. (Ken. April 13, 5.5 p.m.) By TelcjrapU—tress Association—Copyrlchi London. April 13. The Incorporated Society of Jlont Importers' Smithlield market (/notations for the undermentioned classes of frozen meat are hased on actual sales of not tees than ono hundred carcasses of mutton or lamb, or tiveuty-fivc quarters of beef of fair overuse quality. The quotations arc not selectod lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on an average a farthing per lb. mors than the value es ship, this difference representing an average co6t in expenses, hc-ndline, conveyance, and suiims ilie meat: — Aprils. April 13. iuuttou— d. d. Canterbury, fijlit — — Canterbury, medium — — Canterbury, heavy — — Southland — — Xor.li Island, best 315-16 315-16 North Island, ordinary... 3 9-15 3 9-16 Australian, light —. Australian, heavy 3 3-16 3J River l'late, ligrli" — — liiver l'late, heavy 3 3-8 3 3 3 New Zealand ewes 35 3 3-16 Australian eweii 31 liiver l'late ewes 3j 3J La mb— Canterbury, light : 55 5} Canterbury, medium 55 ' si! Canterbury, heavy 53 52 Southland — — North Island selected 51 North. Island, ordinary... 51-16 5A Australian, best 4? ( 5 Australian, fair <s . .!? Australian, 'inferior 4 : . <3 Jtiver Plate, first 4,1 6 liiver, Plate, second 43-8 4j BeefNew Zealand 01 feres... 3J 3i New Zealand ox hiuds ... 4 4J Australia.ll, ox fores 3 3 Australian ox hinds 3 3-3 3; liiver Plate ox fores 31-16 3J liiver Plate ox hinds 33 315-16 Ifiver Plate chilled fores 3.1 oi liiver Plate chilled hinds 4,' 5;, Kabbits are dull. Best Sydneys, cx store, 155.; Melbourne, Kp.