LIVE STOCK SALES.

Dominion, Volume 5, Issue 1417, 18 April 1912, Page 8

LIVE STOCK SALES.

Messrs. Abraham and Williams. Limited, report on their Johnsouville sale, held yesterday, as follows:—\Vc offered a good entry of prime cattle and sheep, which -old readily at late rates. Prime lieavy bullocks, £9 15s. to £9 17s. 6d.; prime bullock" £9 10s. lo £9 12s. 6d.; light, £9 to £9 2s 6(1.; vealers, 21s. to 255.; good wethers, 16s. 2d. to Its. 5d.; prime heavy owes, 15s. 3d. to 15s. Bd.; good ewes, 13s. 6d. to 13s. fid.; plain, lis. Bd. to 125.; prime lamb, 12s 6d. to 12s. 10d.; good lamb, lis. 6d. to

12s.' The New Zealand Loan and Mercantile A"cncv Co. (Mastertou branch) report:—At our sale this week we offered a good yarding of all classes of sheep, and there was n. good attendance of buyers, competition being keen throughout the sale. Forward empty ewes made from Bs. sd'. to 10s. 6d.; backward do., 4s. lid. to 7s. 9d.; fat ewes, 12s ; two-tooth ewes and wethers, lis. 3d.; cood lambs, 9s. 6d. to lis.; medium do., 7s. to Bs. 9d.; small, 4s. 7d. to 6j. 6d. Cattio: Eighteen-month steers, £3 10s.; empty cows, £3 15s.

Messrs. Dalgety nnd Co. report:—At our Wanganui sale yesterday we yarded 1700 sheep and 160 cattle, and we have to report a, fair sale. Fat wethers, 10s. Id.; twotooth wethers, 13s. to las. Id.; aged ewes, in lamb, 75.; cull ewes, ss. lid.: forward cows, £4, £4 55., £4 7s. 6d„ £4 12s. Cel. to £5; three-year bullocks, £5 10s.; two and a half-year steers. £4 10s.; eighteen-uionth do., £3 10s.; fifteen-month do., £2 12s. fid. to £3 35.; eighteen-month Shorthorn heifers. £3 13s. 6d.; Ilercfords, £3 IBs. 6d. Messrs. J. Macintosh and Co. report aa follows on yesterday's sale at the Waipoua yards There was a large entry of stock and a good attendance of buyers. The sale was an excellent one, bidding being spirited, and every line was disposed of. Fat and forward owes, 10s. lOd. to Us. 6d.; fat and forward wethers, 14s. sd. to 14s. lOd.; forward store ewes, Bs. 7d. to 9s. Id. to 9s. Bd.; f.m. ewes, in lamb, 10s. Bd.; shorn lambs, 7e. lOd.; cull ewes, 4s. Id. to ss. 2d.; two-tooth wethers, lis. 3d.; woolly lambs, to 95.; fat heifers, to £5 75.; three-year-old heifers, in calf, £4 65.; two-year-old heifers, £4; calves, 295. to 325. to 40s.;'yearling heifers, £3 10s.; yearling steers, £3 18s. One purebred Jersey cow, on account of Mr. 11. Douglas, realised £11. ADDIXGTON STOCK SALE. Christcliurch, April 17. At Addington live stock market there was a loj-ge entry of stock, especially of all classes of sheep, and a good attendance. Store sheep sold well, ewes being in good demand. Prime fat lambs were firm at the previous week's rates, but unfinished sorts wcro a shade easier, and fat sheep were also very firm. Fat cattle showed a decline in values, and pigs of all classes sold well.

There was a very large entry of store slietip, principally ewes, tho balance being lambs with a few lines of wethers. The. entry was of average quality, there being nothing offered of special merit. Thero were a number of lots of good ewes from iwo-tootli to sound-mouth, For these thore was a keen demand at prices a shade higher than at late sales. Tho lambs were, with few exceptions, of a medium class, and the wethers ranged from low conditioned two-tooths to very forward four and six-tooths, and both lambs and wethers sold well up to late rates. There was a good attendance of buyers, including a number from South Canterbury, and the sale on the whole was a very good one. The range of prices wa3: Small two-tooth ewes, 135.; others, to 165.; two and four-tooth, 14s. to 15s. 6d.; four, six, and eight-tooth, 13s. to 16s. 2d.; sound-mouth, IC3. 6d. to 13s. 6d.; best rape lambs. 12s. 6d. to 13s. 8(1.; good, 10s. to lis.; fair, 9?. to 9s. 6d.; halfbrcd station wethers, lambs, Bs. Gd. to 95.; culls, ss. to 7s. 5d.; low-conditioned two-tooth wethers, 12s. 6d.; forward four and six-tooths, to 16s. 3d. There was a very large entry of fat lambs of varied weights and condition, there being some large and prime lines offered, and other lots required more finish. The total was 9467, which is tho largest for the season. There was a good demand on the part of export buyers for all good sorts, but backward sorts were not so readily disposed of, and were a shade easier in prje-es. Tegs made 17s. 3d. to 19s. sd»s a few extra, to *2fls.; and ordinaryfreezers and butchers' lambs, 12s. to 17s. . There was a fairly large yarding of fat sheep, the larger portion being ewes. There was a keen demand for both • ewes and wethers for export, and this affected the values of butchers' sheep. Prices were consequently firm throughout,. ewes, if anything, selling at improved rates. The range of prices was: Prime wethers, 18s. to 225.; others, 16s. 6d. to 17s. 9d.; merino wethers, Bs. Id. to 10s. iOd.; prime ewes, 13s. to 19s. 4d.; others, 9s. to 12s. 6d. Tho entry, of fat cattle totalled 248,/ and was composed chiefly of cows and heifers, with a few pens of good steers. The sale was somewhat irregular, and values were lower by Is. to ls.6d. per 1001b.,. the range being 20s. to 255. Steers made £8 7s. 6d. to £12; extra, £12 15a. to £16; heifers. £6 to £8 55.; extra, to £9 55.; and cows, £5 12s. 6d. to £8 10s., and oxtra to £10 15s. An average yarding of veal calves mado 61s. to 665. . There was a moderate yarding of store cattle, mostly old cows, and thero. was not much demand shown. Fifteen to eighteenmonths sorts made £3 to £3 55.; two-year steers, £4 53. 6d.; two-year heifers, £4; three-year steers (poor), £5 6s. to £5 7s. 6d,; and dry cows, 20s. to £2 17a. 6d. Thero was a fairly large yarding of dairy cows, including some good sorts, and they sold well. Prices ranged from £5 10s. to £10, and a number of good* sorts from £11 to £13. There was a large entry of good quality. Fat pigs and all classes met with a good sale. Choppers made £3 to £5 10s.; heavy baconers, 60s. to 735.; lighter, 60s. to 575. fid. (equal to Sid. per lb.); large porkers, 38s to 505.; smaller, 335. to 375. (equal to 6d. per lb.). Stores, exccpt weancrs, also sold well, large sorts making 28s. to-365.; smaller, 16s. to 235.; ajid weaners, 6s. to 12s. I : * WESTFIELD STOCK SALE. IBy Telegraph—Pres* Association.! Auckland, April 17. At Westfield to-day, fat cattle were yarded in full numbers, and prices improved, especially in oxen. Prime ox liecf sold to 265. per 1001b.; others. 235. to 255. per ICOlb.; cows and heifers, 18s. to 235. per 1001b. Steers sold at £10 10s. to £14 for heavyweights, lighter weights £6 10s. to £9 5?.; cowa and heifers, £4 lCs. to £7 ss. Veal pens were well filled, and sold at late rates. Heavy vealers sold at £3 3s. to £4 45.; medium weights, £2 6s. to £3 35.; others, 20s. to 355.; lighter sorts ond fresh dropped, 3s. to 12s. Sheep wore yarded in smaller num-bers-than usual, and best wethers improved in value. Other prices were unaltered. Best wotliers sold at from 17s. to 19s. 6d.; others, 13s. 6d. to 15s. 9d.; ewes, 10s. to 14s. 3d. Best lambs sold to 14s. 9d.; others, Bs. 9d. to 125. 6d. Pigs came forward in usual numbers and sold at late rates. Baconers, £2 12s, 6d. to £3 Is.; large porkers. £2 ss. to £2 10s.; porkers, 345. 6d. to £2 35.; lio slips or weaners were yarded. COMMERCIAL ITEMS. INVESTMENT SHAKES. The Stock Exchange experienced a quiet day yesterday, this being probably due to "the races at Trentham. A salo of Taringamutu Totara shares at 48s. was the only transaction in investment 'shares, recorded yesterday. The buying and selling quotations were as under;— Buyers. Sellers. £ s. d. £ s. d. National Bank — 6 3 0 N.Z. and Kiver Plate 1 19 6 — Well. Trust and Loan ... — 713 0 Well. Gas (£10) 18 5 0 - Christchurch Moat — 15 7 6 Gear Meat (£1) 3 4 0 3 6 0 N.Z. Shipping — 16 5 0 Taringamtitu Totara — 2 8 6 C. M. Banks, Ltd — 10 0 Crown Brewery — 1 15 0 Donaghy's Hope and Twine — 12 0 Golden Bay Cement — 14 9 EXPORTS OF PRODUCE. The first six months of the produce year closed on March 31, and the values of the exports for each of the six months, compared with (he figures for the corresponding periods of the previous year, were as under 1911-12. 1910-11. October 614,C07 720,383 November 1,146,503 1,041,183 December 1,282,122 2.161,769 January 2.499,165 3,026,016 February 2,934,753 2,316,744 March 2,465,077 2,492,318 ' 10,982,627 11,788,413 There has been a shrinkage of £805,786, and in the next half year it is probable that tho amount will be raised to over one million. N.Z. INVESTMENT. MORTGAGE, AND DEPOSIT CO. Tho balance-sheet of the New Zealand Investment, Mortgage and Deposit Company for the year ended March 31 has been circulated, and according to the (igurc.3 the company has done well. The lict profits amounted to £1761 13s. 10d., mid there was brought forward from tho previous year £35 13s. 7d„ making available £1797 7s. sd. Out of this Ihe dividend for the year at the rata of 5J per cent._ absorbs £1122 12s. 7d., and tho sum of £500 has been carried to the reserve fund, leaving £174 14s. lOd. to be carried lonvard. The principal items of the balance-slicct, compared with the figures tor the two previous years, show as under:— 1912. 1911. 1910. Capital 20,580 20.270 20,107 Reserve fund 400 Deposits 60,566 57,801 41,349 Mortgages 66,836 69,454 58,959 Freeholds 996 - — Interest 2,102 1,744 1,565 Expenses ! '668 670 629 Other charges 11l 117 81 Gross profit 4,660 4,149 3.607 Net profit 1,761 1,617 1,333 With tho addition t« ho raada thJU ;tai the jcsoric luAd jvlll at and at £9CQ«

Customs duties collected at the port of Wellington yesterday amounted to £5136 1 2s. Bd. ■ GRAIN" MARKET. Wr Telejrapfc—Press Association.! Dunedln, April 17. Oats- The demand has eased off slightly during the last few days, samples coming to hand freely, and in the absence of orders shippers arc not inclined to speculate. Prices have eased a good deal during the liiiit three days. Prime milling, to 2s. 2d.; good to best feed, 2s. Id. to 2s. lid.; inferior, Is. lid. to 2s. , Wheat: Very little prime quality is coming to hand, and millers are inclined to stand oil' southern wheat, as they can buy better qualitv from the north. Most of the samples coniins to hand are very much weathered. There is a. good demand for fowl wheat. Prime milling. 3s. 7d. to 3s. 9d.; medium, 3s. fid. to 3s. 7d.; best whole fowl wheat, is. <d. to 3s. 5d.; medium, 3s. 2d. to 3s. 3d. THE METAL MARKETS. By Telegraph-PreSi, A sociation—Copyright (Rec. April .7, U p.m.) London, April 17. Copper.—On spot, £70 12s. fid. per ton; three months', £71 10s. Tin—On spot. £197 10s. per ton; three months', £194 12s. fid. Lead.—Lead, £16 3s. 9d. t WHEAT. By Telegraph—Press Association—Copyright tKec. April 17, 11 p.m.) London, April 17. Two Australian wheat cargoes have been sold at 375. 10id. and 40s. lid. per quarter respectively. SILVER. By Telegraph—Press Association—Copyright London, April 16. Ba.r silver is quoted at 26 15-16 d. per ounce standard. LONDON WOOL SALES. By Telegraph—Press Association—Copyright London, April 16. There is a splendid selection of crossbreds and a rather better American support. Lower grades show a hardening tendency; merinos firm. (Rec. April 17, 11 p.m.) London, April 17. The following are the prices realised at the wool sales for t''e fleece portion of the clips named:—"PukTtihi," top price 12d., average price, llld. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date April 16:—Tho London wool sales progress steadily. For coarse greasy crossbred and crossbred slipe the market is firm, with upward tendency, but is irregular for fine and medium greasy crossbreds. America is buying suitable lots of crossbred. MINING NEWS. WELLINGTON' SHARE MARKET. A fair number of sales of mining shares were made yesterday, and prices tended upwards. The transactions recorded were as under:—Talisman. 455. 3d., 445. 9d. (first call); 455. (second call). Waihi, 335. fid. (first call). Waihi Grand Junction, 265. 3d. (first call); 275. (second call). The buying and selling quotations were as under:— Buyers. Sellers. £ s. d. £ s. d. Talisman 2 4 9 2 5 6 Waihi 1 18 0 118 9 Waihi Grand Junction ... 1 6 9 17 6 Waitangi 0 10 0 12 HIDE AND SKIN SALE. Messrs. Dalgety and Co. report:—We held our skin and hide sale at Blenheim on Tuesday, when we offered a heavy catalogue comprising 2550 skins, 100 hides, nnd 29 bales of wool, also bag wool and tallow to good attendance of buyers. Competition was keen, the top price for skins being 73d. This was obtained for a line of halfbreds. We quote:—Halfbred, full-wool, 7jd. to 7id.; crossbreds, full-wool, 5Jd. to 6jd.; three-quarterbred, s}d. to 63d.;" lialfwoois, 4Jd. to s}d.; hoggets, 6Jd. to fijd.; merino, 4d. to 53d.; lambs, 63d. to 6Jd. First pelts, 2Jd.j second pelts lid.; green skins, is. Bd. to 3s. Id. each. Hides: Sound ox, 63d. to 63d.; slippy 4d. to sjd.; sound cow, 5Jd. to 6Jd.; slippy, 5d.; bull, 4 3-Ed.; calfskins. 5Jd. Bale-wool: Crossbred fleece, 6d. to 7id.; halfbred, (leece, 73d.; crutchings, 4d. to 5Jd.; lambs. 7}d. to Bd. Bog wool: Crossbred fleece, 6*d.; halfbred fleece, 73d.; bellies and pieces, 4Sd. to 4!d.; black, 6jd.; lambs, 7d.; dead, 5Jd.: looks, 2Jd. Tallow: In shipping order. £26; rough fat, 17s. to 20s. 3d.; tinned tallow, 17s. to 19s. Horsehair, Is. 7d.

TARANAKI OIL. (By Telegraph—Press Association.) Now Plymouth, April 17. Mr. H. J. Brown received the following cablegram from London to-day:—"Shares Taranoki (New Zealand) Oil Wells, Ltd., foeinsr purchased at 2s. 6d. premium on London Stock Exchange. Expected prices will go much higher." QUARTZ STRUCK AT THAMES. (By Telegraph—Press Association.) Thames, April 17. Quartz has been struck in the lov: level crosscut traversing the Thames field. GRAND JUNCTION. (By Teleeraph — Press Association.) Auckland, April 17. The Grand Junction Company's cablegram to London state? that the company is crushing 389 tons daily, the actual extraction being £1 19s. per ton. The cost of mining and milling has been reduced from 19s. Id. to 17s. 4d. per ton. BTOCK EXCHANGE. (Br TelecraDli.-Presi AvocI&tloB.I Auckland, April 17. Business done at this morning's call included:— Crown,' 2s. 7d. Talisman, .£5 4s. 9d. Grand Junction. £1 63. 6d., £1 7s. 3d. New Zealand Insurance, £2 ss. 9d. Auckland Trains (ord.l, £1 ss. Westport Coal, £1 7s. Waihi, buyers £1 18s., sellers £1 19s. The following business was done at the J. 15 p.m. call:— TVaiotahi, 35. 2d., 3s. 2d. Waihi, £1 18s. 6d. Union Steam, £2 Bs. 6d. Dunedln, April 17. The following sains were made on the Stock Exchange to-day:— Talisman Consolidated, £2 4s. 3d. Westport Coal, £1 7s. 3d. Union Steam, £2 7s. The following sale was reported:— New Zealand Drug, £2 lOs. ONSLOW BOROUGH AFFAIRS. * BEIEF EEVIEW. At the conclusion of the meeting of the Onslow Borough Council last night Mr.' F. Holdsworlh (the Mayor) gave a brief review of t!io year's doings.

At the end of 1910-11, said Mr. Holdsworth, the overdraft had been XIOO9, and by 1911-12 it had been reduced to .£SOB. The district fund liad been .£133" in debt in 1910-11, and a year later had been reduced to ,£BB7. Permits for buildings to the value of .£22,839 had been issued in 1910-11, and permits to the extent of ,£IG,9BS in 1911-12. In this respect tho indications for the present year were very much better—most likely .£25,000 would bo the figure. A councillor: "Why, one building alono is to bo ,£25,000!" In 1910-11, continued Mr. Holdsworth. (.he rates outstanding amounted to «£I6G 7s. 10cl., and in the following year tho amount was «£39 7s. 7d. This reduction in tho rates owing was due partly to tho efforts of tho clerk (Mr. Abraham), and partly to the fact that the rates last year had been si ruck at a later date than in the previous year. The *£39 7s. 7d. outstanding had been reduced to .EIS. All instalments on (ho Kniwarra drainage work had been paid, and, also, all Kaiwnrra rales. Councillors: "Hell done, Kaiwarra. During the year, the Mayor wont on, a hall had been built at Kaiwarra, and everyone seemed well satisfied with it. ■Vlre'ady there were sufficient bookings to pav ihi' custodian's salary. Inspecting electric light, negotiations wero in progress for a new agreement.