LIVE STOCK SALES.

Dominion, Volume 5, Issue 1449, 25 May 1912, Page 8

LIVE STOCK SALES.

Messrs. Dalgety and Co.. Ltd., report on their Levin Rock sale, held yesterday, as follows:—We had a. full yarding of both sheep and cattle, which we submitted to a large attendance of buyers from ail parts of the district, and also from tlus Wairarapa side. Wellington butchers were operating freely, and bought the majority of the fat Block. ■ We report a tolai eiearance at the following pricea—bhecp: Fat wethers, 15s. 3d. to 165.: fat ewes, Vis. 6rt., 12s. 10d. to 13s. Cd.; woolly lambs, Bs. 7d, to 9s. 9d.; small iambs, 3s. Bd., 4s. Id. to fe. Id.; forward ewes, to 10s.: store ewes, to 6s. Id.; 2 and 4-tooth wotlicrs, 13s. to 13s. Id. Cattle: Light fat cows, £4 lis. to £4 165.; forward empty cows, £0 Bs. to £4 11s.; store cows, £3 t>3. to £3 Bs.; 3-year bullocks, to £6 5d.; empty heifers, to,£3 155.; springing heifers, to £7 11s.; milking cows, springing, £ < ls - £4 lc ' s - £<! lls - t0 £, > 155.; weauer heifers, 335. to ;'Bs.; weaner steers, 275. The New Zealand Loan and Mercantile j Agcucy Co. report:-At our Lovm sale yesterday wo offered a very heavy yarciiug of cattle to a full representation of buy. ers who were present from Falmerston North, Shannon, Waikanaa, and the surrounding disl.ricts. Wellington butchers were also in attendance, aud were operating for prime lines of ox and cow beef. Dairy cows are in demand, and there were buyers in tbe yards for cows aud heifers close to calving, tt'o sold fat cows up to £5 IDs.; heifers (sprms calvers), £4 17b. 6d. A line of Ilolsteia-Oersey cross wcaner heifers from the Xuronaki district realiced £2 17s. 6d., and a line of fifty Jersey cross wcaucr heifers, from the same district, made £2. Yearling heifers, to £3; 20-months heifers, r.w.b., £3 10s.; weaner steers, from £1 £s. to £1 18s.; yearling steers, to £2 17s. 6d.; empty store cows, from £3 17s. 6d. to £4 55.; bulls, to £1 17s. 6d. 'The New Zealand Loan and Mercantile Aecncy Co.. Ltd.. report as foliows for the week ending yesterday.—At Apiti ou Tucs day we had onlv a small entry of sheep, and a fair yarding of cattle, which sold at late rates, as under:—Forward cwcfi, 12s. Brt.; empty 2-tootli ewes, 12s. Id.; 2-tooth ewes in lamb (small), 13s. 4d.; 2-tooth wethers (good), 14s. 5d.; weaner steers, £2. At Feildinff on Friday we iiad a fair entry of both sheep and cattle. Witn tho exception of ono per of lambs, and a. pea of empty cows, wo disposed of our yarding at satisfactory prices. Cull ewes, ss. 6d. to 6s. 10d.; medium owes, in iamb, Bs.; empty ewes. Bs.; cull lambs, 4s. 9d.; mixed lambs, 80. 3d.; 2-tooth wethers,, lte.; weaner steers, 085.; weaner heifers, £2; empty store cows, £3 to £3 6=.; better ditto, to £i 10s.; light forward cows. £3 7s. (id.; fat heifers, £5 65.; heifers, in calf, £5; corns, in calf, £5; bulls, to £3. Messrs. Abraham and Williams, Ltd., report :—At our Loi'in salo on Friday a good ontry of sheep-met with keen competition, and, with the exception of one line of wethere, all lots changed hands under tho hammer. All lines of fats and hoggets, particularly, sold well. A large yarding of cattle also Bold readily, and very few lots went out unsold. Fat wethers, 155., 15s. 3d.. 16s. 2d., and 16s. 7d.: fat maiden ewes, 15s. 2d.; fat ewes, 12s. 10d., 13s. M., 13s. Bd., and 136. lid.-, good storo wethers. 13s. fd.j forward eives, lls. 5d., lls. 7d., and lls. Bd.; store ewes, 6s. 5d., 6s. Bα., and is • woolly lambs, IDs. 3d. to 10s. lid.; shorn lambs, 7s. Id., Bs. 10d., and 9s. Id.; fat ami forward lambs, 10s. lfld.; fat bullocks, £8 7?.; fat cows,. £6. 53.; forward cows. £4 is.; 2-ycar steers. £4 Us., .64 15s. 63., i' 4 Us.; 18-month steers. £0 11?. od., £3 135., and £3 18s.; yearling steers, £2 9s. 6d.; weaner steers, 29t. 6d. to 255. Sd.; weaner heifers, 255. to Ks.; mixed wcauere, 14s. to 2Cs.; springing cov,-.=, £5 1.0 £10; 16months heifors, in calf, £3 !Bs.; 2-year heifers, in calf, £5 to. £5 2s. Mr. Newton King's weekly stc-slt report is as follow:—On Friday, May 17. I held by monthly Kaponga sale, and had a verv good ya.rdin; and attendance. Bidding was good throughout for all cattle, everything being cleared at the following rates — Weaner heifers, to £1 18<.; inixcti wcaners, !6s. 6d. to £1 03. Gd.; fat cows, £4 16s. to £5 11?. 6d.; forward cows, £3 14". to £4 83.; store cows, £2 12a. 6ci. to £3 10s.; old c-oW £1 lCs. to £2; bull, £2 7?. 6<!. to £0; 20months steers, £3 6s. lyj £3 125.: 20-raonths hoifers, £3 12s. 6u.; choice ssirinsing heifers £7 !s. 6(1. to £8 2s. 6ri.; good. £5 to .£6 plough, £6. At Ilaliotu, on Tucday, there was only a small yarding. The deimnd was good for best, quality wear.ers to vearlings. Store cow.s yarded were of 'isoor dualitj-. and dull of «iie. Jcrwr-Tlolstein weaner heifers, from £2 0~. lo £2 15;. 6d • grades, .£] 7f. to £1 1C?.: we:iner stooro £1 if. to £1 12s. 6c1.; eooil mixed, £1 Ks to £1 12.-. 6d.; bad coloured fteer, 10s. fcY to 14s. Cd.j fat com*, £5 is.: store cav'-' £2 lCs. to .C 3 155.; aged cow, .Zl 5= t,n £1 10s.; stags. £3 to £3 5.=.; bulls, .-Cj' J s ■ ftoiT pigs, £1; 20-months KoL=teiu hull (1!. Morrow's breeding), 25 guineas. Very good business has licen d«no privotrlv some big lin?3 of dairy heiicrs ,i,nd rows having been fold, the majority (rnfn" awn'v to other districts. The demand is ffiil good for guaranteed dairy herds, and I s!iall lie pleased to have naviculars of any rows for disposal. Good weaner to yearling coloured heifers nro wanted. Jlised wcaners. 19.=. lo £1 1C;.; weaner .Ter--ev-KoUtcin heifers. £2 2?. to £2 Us.; 18-moiiiJis steers £2 7s. 6d. to £2 12?.: JJ.ycar steers" small. £4 2i. 6d.: fresh store 'i'bwp £3 iu 6(1. to E3 15?.; forward cow»," £4 s=. • f n 't cow«, £5 2s. 6d. to £5 1C?.: 20-month? mfxed cattle. £3 ls. 6d.; cors a.nd ralves. £4 o'> • fat. wethers. 2-Sootb cwc-. II? 3d ■ li-rip' £5 tn £7 10=.; dairy cows and heifrrV n-:ixc(l. £4 10?.; in-calf lieirnrs. £8. £7 tik ' £6 12?. 61!.. £6 10-.. £6 5«.. £6 35.. £6 £5 sV £5 fj..: dairy row-, ngnd. 1C?.; a, herd o'f 5 picked sri/le Jerser cows , , £1615= ; dairv hwds. «"10' V. fid. £> !r... f? ice, -E97 ti IM., ia Wβ., £8 as,, £3, £1 IQt., II £6 lit, w« i

COMMERCIAL ITEMS. STOCK EXCHANGE. j .The Wellington Stock Exchange iva; i closed yesterday, it being . Empire Day. ■ i3y Telegraph.—Press Association.! Dunedln, May 24. The following sale was reported on On Stock Exchange to-day :-Umou Steam, £\ Us. 3d. Customs duties collected at the port ol Wellington yesterday amounted to £134! 3s. bd. HANK OF ENGLAND HETURIV. By 'i'elceraph—Press Association—Copyrlcrhl (Ho-:. May 21, VS> p.m.) London, Muy 21. Tlic Bank of England return issued for the week onded Wednesday .Mjiy 22, it as under:— Issdr DiiPAnnins-T Kola Issuo... £5i".,070,000 Gov.debb ... £n,015,03 c Other scourl tics ... «. 7,434,000 GolU 33.W1,00t £>6.070,00J £iI!,S7O.OCC B4XKIXG DEPARTIrr.ST. Proprietors' Covt ecciu-I-capital £H. 553.00:) lies £1-4,155,000 Public tie- Other securiposits ... 18.i5i,000 ties 31,710,000 Oilier doposits ... 39,160.000 Notes „. . 23.056.0C0 Rest, 7-day &nd other ■ ■ ' • . bills 3,250,000 Coin .- „ 1,516,000 JE75.476.D30 ■ £75,476,000 The leading items of the Bank, of England return afford the following comnariThis week Last week. Last rear £ s s Bullion 33.521.000 . 35.201.000 37.1U.000 Reserve 2a.«K.000 29.490.CW) 23,806,000 Note circulation 28.584.00J 23.783.QQ0 27.075,000 Public Deposits 18AM,tt!0 18.770.0C0 35.WP.0J0 Other Deposits 39,1M),0U0 33.559,«)Q 40.534.UH Proportion of . ■ . liabilities... 51.33 , 52.31 61,76 aOVEKNMENT SEODKITIEB. The following are the latest quotation) [or Government securities,, with a eon> panson or" those ruling last week.— , Variation, -» cemwed Price, with last week. £ e. d. 25% Imperial Consols 77 3 6 17s. 6d lower 4 ~X.S.\V.IO33Jan.-Jnly 103 10 0 UuchaiiKed i- B N.S.W.IDIBMar.-Sop. 98 10 0 Unci aMed ■4 'Vic.MSfJan.-July 102 10 0 u 5 J 81 „ Vic. 19-21-ti Jan.-July B7 0 0 Uncimnood I ..J i . c -l??; 4 1 ? Jan.-July 6! 10 0 Unchanged it ~S,A. If/16 Jan.-July I 97 0 0 DiK-hongcd 3 ,S.A. Hl6 Jau.-July I 87 0 0 Uliciian"cd * f ,QTai9l3-34.1an.-July 103 10 0 U™hant'ed 3 ~Q'l'dloi2.47Jn a .-Julj 81 o 0 Unchanged ■!» "w 5" ?n7? s,ay"5 ,ay "? ov, ID3]!) 'O Unchanged ih ~K.Z. 1!)4Q Jan.-July 07 0 0 Unch nU»d t •■w' /j ; }H^ Al,riI -° ct mlO u Unchanged 3J,, W.A.10-'O-WMay-Nov 9110 0 Unclmnficd t ..jy-A-lSlpitay-Sov K o 0 Unchanged «,,las. JfiJOJan.-July 86 0 0 Uucbanecd 3 ..Ta8.102J.40 Jan.-July M 0 0 Unchanged BANK BATKS OP DISCOUNT. The Bank of Kngland rate was, on D.jcomber 1, 1310, lowered from 5 to 4* per cent.; on January 27 it was lowered" to 4 per cent., on February 16 to 3j per'cent,. acd on March 9 to 3 per cent. On September 21 it was advanced to 4 ]ier cent., on February 8 it wa3 reduced to 34 per cent., and on Hay 9 to 3 per cent. The Bank of France rate wae reduced from 3J to 3 per ojnt. on January 23, 1908, and continued at, the latter figure until September 21, 1911, when it was raised to 35 per cent. The Imperial Bank of Osrmany reduced its rate from 5 to 4J per cent, on February 6, and on February 19 the rate tras further reduced to 4 per cent. On September 19. the "-ate was raised to 5 Bar cent. MARKET RATES OF DISCOUNT. The following are the market ratca for best throe months' bills:— .„. .. ";■., . '' London. Paris ■ Berlin rate. .■. rate.'"' rate, por'cent. percent, per cent. This week : 3 2i 4 Last week U 3 4 Last year 2 5-16 2 2! Short loans are Quoted 1 at- 23 per cent., as compared with 2 3-6 per cent, last week, and 12 per cent, last year. • COLONIAL AND OTHEI? PRODUCE. Wheat.—The markets are stagnant owing to weakness in America, and the opening of thq Dardanelles thus ■ releasing n. larirn fiuantity. There is some pressure to sell Indian wheat: 395. lid. is asked for Victorian and South Australian Maroh-April shipments, 395. Sd. for South Australian and Xc-w South Wales February shipment; 395. 3d. for Victorian March shipment, and 3Es. Jd. for parcels .afloat. There, are lorper supplies of Australian on spot, with email demand at 41s. 6d. to 425. Flour is dull. Australian shippers are asking Is. above buyers' ideas of values. Holders are asking 275. 6b\, ex store. Oats, on spot, ara practically exhausted. "A" quality Cartons, May shipment, 245.; La Plata May-Juno shipment.. 17s. 6d. Peas.—lS'ew Zealand, ex storo, 38s. to 38s. 6d. Beans, old, 378. 6d. to 335. Butter.—Tlic trade is at a standstill, oivins to tlie wharf lock-out, and prices are nominally unchanped. Cheese is firm. Kew Zealand whito, 735. to 735. 6d.. coloured at 745. to 755. Snjrar.—Gorman beet, -.88. per -:cent. net tftro, Id. lower, at 12s. per cwtl: first mark granulated,".f.d.K 'Hamburg, 2(J. lower at 15s. 3d. ■■'• ;' " ' Bradford Tops—The marliot is quiet, and prices aro unchangod. THE METAL MAEKETS. Copper, on spot, 17s. 6d. higher, at £73 !7s. 6d. per ton;' three monfcb.3, 17s. 6d. higher st £74 ss. Tin, on snot, £7 lower at £205 nor ton: three months, £5 10s. lower at £200 15s. Lead, soft foreign,. 10s. higher at £16 10s. per ton. Pig-iron, Id. lower, at 535. lid. per ton. Spelter, fe. lower, at £25 7s, 6d. per t»n. BANK RATES OF EXCHANGE. By Telegraph—Press Association— Copyright Sydney, May 24. Tho banks hato advanced the rates of exchange on London five shillings por coutum. VICTORIAN PEODUOE MARKET. Melbourne, May 24. Wheat. <s. Jd. to 4s. 3W.; flour, £9 5,i.'; oafe. .ÜBeriaa feeding, 3s. 4Jd. to 3s. 7d.; eroding, 45.; whito, 33. 4!d.; barley, Cape, 53. to ss. 5d.: English, 6s. to 6s. 4Jd.; maize, St.; bran, £7; poßard, £7 10s.; potatoes, £7 to £8 53.; omons, £12.