THE BACON INDUSTRY.

Dominion, Volume 5, Issue 1492, 15 July 1912, Page 8

THE BACON INDUSTRY.

QUALITY OF PIGS IMPROVING. The prevalence of disease amongst pigs was referred to at the annual meoting of the Wellington Farmers' Bacon Company. The chairman of directors, Mr. J. C. Cooper, mentioned that latterly there had been a considerable improvement in the finality of pigs Pont to the works, but previously a large percentage had boon affected. A Jlaiigatamoka pettier ir.stanced liow the bulk of two truck loads of {lorkeiw were on one occasion found to be affected with tuberculosis. The opinion was expressed by another farmer that thp producer and not the company should bear the los sof pigs font to the works, and which were afterwards condemned, as it would make settlers more careful oiid conscientious. Against this, however, it was contended that it was difficult to detect the symptoms of disease in pigs. A WINNER OF COMPETITIONS. - The Egg-laying Competitions for 1910-11 and 1911-12 were both won byl pens reared nil 'A. and P." Chick Kaiser. The first essential for profitable poultry keeping . Obtainable from all Storekeepers. , COMMERCIAL ITEMS. INVESTMENT SIIARES. A s.ile of Wcstport Coal at 28s. wa* the only transaction recorded in investment Pha.ro; on Saturday. Tho buying and selling quotations were as under:— Buyers. Seller.'. ■ £ s. d. £ s. d. Hank of New Zenlnnd... - 11 8 0 N./ ; . Loan and Mercantile — 0 10 0 I >,; z ;, an , (l ltlv(! f Plato ... 1 19 6 , 2 0 0 Wd.il. Investment 0 11 6 — Well. Trust and Loan ... 7 8 6 Ghristchuroh Gas — 9 0 0 Hokitika Gas .: _ 5 « n Well. Gas <£10i '... 18 5 0 - "ell. Gas (pref.) 1 0 D 110 Rational Insurance 1 18 9 1 19 3 «. , Ins , , "', a, " ce - < » 6 Standard Insuranco 1 II 0 - — Ghnstehjirdi Meat 15 5 0 — Meat Export (525. 6d.) ... 3 1 6 Mosgiel Woollen --• 3 7 6 Well. Woollen (ord.) .. 3 8 0 - Welt. Woollen (pref.) 1 2 19 0 llikuraiigi Coal 0 18 9 - Taupiri Coal 12 3 - Westport Coal 1 7 9 t 8 3 Tanngamutii Totara 2 7 0 2 8 3 Donnelly Hone ami Twine 14 5 — Golden niiy Cement — 12 0 N z" I ''i) G n! 1 ' C Lime ~ 5 12 6 SJmVlaniTs ordiuary"'::::: ~ 1 " 0 W.P.C.A - 7 7 6 THE VAST WOOL SEASON. Til a wool year closed on Jnire 10 nnd His ( summary and ryvicw of Auslvalaeinii wool .statistics, issued by Dnlitcly :ind ('.. Ltd., shows that the actual ove'rspp sh'i'n™nls hnvo amounted l-j 2.513.915 hnlcs (or 832,761,8461b.), against 2,468.750 bales for the previous *m.ioii, or an increase of 43.165 boles. Ajininst tin: iniTcasu in diisintilv is to by set the decline in aveniKc value whidi fs reckoned at £11 15s. sd. per bale' iißiniDt £12 10s. 4d. for 1910-11. or a decrease <)l 5.9 per cent,, while as ■■uinii'irpil with !909.10 : t.1, ; ,kcre n ,c in .nerne" 'value ucr bale is 13.5 per cent. On tin* ba«is tho value of the export-? for tho iviU i£29 591.871. mains! WO.mS?/) for 151041 or 11 itecreaso of «,3C8,K6. The avtraee price I per pound has been CM., \n. 1310-11 aad Sit £«■ 19C9-10. The lollowlng ij.

pas^three^easonfi^^le^ ,,,B lor th " X- e- » Now South Wales 93t,2C8 923,831 897 5a Victoria. 510.343 501,835 562287 Queensland 238,722 281,352 258 515 South Australia ... 160,573 174.639 !76!985 }\ Australia 63,555 73,395 76.874 Tasmania 17,354 20,326 18.335 Commonwealth 1,921.705 1.97W78 2020 547 J\ew Zealand 512,938 493,372 4931368 1 Total ..-. 2,434,643 2,468,750 2^915 Now South Wales shipments show a decrease of 26,280 bale.-, but Victoria an increase of 60,452 hales. The XcwZealand shipments are practically the same ■!■< in the previous year. ' " Tho average weight per bale of the inn clip, as dealt with in Australasian markets, has amounted to 33! 21I> -ii i»-itn>it 332.11b. tor-1910-11; 335.51b. in 1939.1 c ' •-£ "i, in 1908-9. and 339.71b. in 1907-8 A dem-ise of BMb. has taken place in five years The total Weight of wool exii'irted bns been 832.761.84611... as a-ain«t 820 M"'Mil, in 1910-11; 816,66511,. in 1909-10; - 576 5W163 b in 1910-11: 816.861.6651b. in 1909-10: 576 590 63 -1' in 19C3-9, and 686,810.010 in 1907-8 To ■rrive at. the actual production it is nee'e--fiiry to add the amount of wool used by manufacturers in Aiitstrala-ia uaireh- 90CCC.COCIb. The result, shows thl- ai-uinl production of w.iol for the na-t twelve months to have been C52.761,8<;61b, as arairist 85s' WCWfl 1 ! , - " l 191WI - and 8U ' 6 '" ir a , s n £llo , w^ ,WtS hy K ' im - are . 19-9-10. 1910-11. 1911-12. I'b. I<b lib X.S. Wales... WA%,W") 304 BE4 ?.'O 29144'iK5 Victoria ...... 165,966:<75 160 OeljeS 8 > 9,r0 Queensland 78.CC2.C-94 92.285 456 94 f47 81? S. Australia SMC6,m 56932314 "e"99'9 W. Australia J3.f33.3Z9 27/49,730 2°,2 8 SIS Tasmania ... 5,018.160 5.223.782 (,m,l e .6 wealth ... 6J2.716.92J W6.838.877 662 845 ?07 Xcw Zealand 184,144,742 17.5,175,572 169,9:5:9:9 Australasia 816,861,665 820,012,449 The above, fhipments rio not roflcrt. the actual production in each State; but, after allowing for interstate movements prior to shipment, (he \wt. production (for export.), as clo-sely as it can be adjusted, is shown as follows:— v Mhit: Dale?. [, b . i\ew South Wales 1.K6.767 347,482,827 Victoria 3P5..375 1H,398,912 Queensland 349.E61 115,704,691 South Australia 153,079 48.985.280 Wen Australia 85,765 27.C69.197 Tasmania JS.COO 9,205,100 Commonwealth 2.C20.547 662.845,907 New Zealand 493,368 169.915,939 Australasia ..: 2,513.915 832,761,646 The quantity of wool disposed -of at- the sales in Australia and New Zealand has risen to 1,926,926 hales, or an increase of 61,859 bales over 1510-11. A comnar"™ for the last three reasons is as follows:— , , 1959-10. 1910-11. 1911-12. Markets. , Bole,. Rales. Bale*. Sydney 818,330 784.309 773.991 Melbourne. 351,837 336,234 339 229 Oeclons 104,177 110,933 128,990 Adelai'de 135,585 145.C49 147.375 Frcma-ntle 1,389 1.456 1.247 Hrifbanc ./. 180,539 215,160 229.3« Tasmania, 19,704 19,420 20,317 Commonwealth 1,624.561 1,642.555 1,7f0,49<1 New Zealand 265.184 222,612 226,432 Australasia. ...1.E89.745 1.855,167 1.926,925 The amount realised on wool sold in Australasia for the past season is £22,652,C50. According to the latest flenres available, the flocks in Australia and Xew Zealand now total 117,028,540. having increased since last available statistics by, the comparatively small number of 994.367 .head. Sheen numbers, have remained practically stationary durinj- the past three years, but tho figures are higher than during any period of the past 18 years, the previous record luiviii!» been in 1891, when the total reached 124,991.920 head. Tho smallncss of the incrciusc in recent years is largely attributable to tho very larec numbers which have been slaughtered for export and local consumption, and it is significant that the opinion is generally held that sheep numbers were, prior to the drought, onitft as hish as could with safety be carried in normal seasons.

WELLINGTON INVESTMENT CO. The balnuee-shcet of the Wellington Invcslincnt Trustee and Agency Company, Ltd., for the year ended Juno 30 last has been circulated. The directors' report is as follows:—The directors have pleamre in submitting to shareholders the'r twentysixth annual report and balance-sheet for tho financial year ended June 30, 1912, from which it will be seen that 'the not- nrolit on tlic year's business, including £539 2s. 6d. brought forward from last year, amounts to £53C6 9s. lCd. An interim dividend of 3 per cent, was declared and paid fn January, and it is now proposed to nay a further dividend of 3 per cent, (nnkinir 6 nor cent, for the year); this will absorb £3000. leaving a balance of £2306 9s. lCd. Of this-amount of £2306 9s. Jo<i. it is recommended that £2CM be carried to reserve fund (which will then stand at £11.2501; and that tho balance, £336 9a. lCd.. be carried forward to tho ousumir year's profit and loss account. TJie directors have to announce with regret the death of Jlr. F. 11. Frasor, who acted as a director of tho company for many years. Mr. L. O. K. Tripp was elected by the board to fill the vacancy caused by tho death of Mr. Frascr. Messrs. Paul Coffey and l>. O. It. Tripp are the directors who retire from the board, in accordance with the articles of association, and, being eligible, offer themselves for re-election. The auditors, Messrs. E. Rucholz and ,T. H. G. P.owle.v, offer themselves for re-election. CUSTOMS. Customs revenue collected at the port of Wellington on Saturday totalled £1553 2s. 4d., the total for the week being £22,931 ss. 3d. The returns for each of t'e past L'ig-ht welcs, •compared with the figures for the corresponding periods of last year, show as under:— ! 1912. 1911. May 25 11,452 15.0'12 June i 10,224 15,011 June 8 15,564 9,164 June 15 18,429 15.570 June 22 8,254 9,565 Juno 29 21.732 9,087 July 6 10,582 21,442 July 13 22,951 27.889 118.968 122,740 The beer dirty for the week totalled £219 165.. as compared with £2'B 10s. for the corresponding; period of last year. FEILDING MARKET REPORT. Messrs. A. H. Atkinson and Co., Ltd.. of Feildinu. report high value! ruling for pigs, and poultry selling at top prices. There is better inquiry for potatoes. Quotations:— Porkurs. 3lfi. 6d. to 385.; stores. 215., 245. to 255.; slTps. 13s. Poultry, at per pair: Hens, 3s. 3d.. 3s. 6d., 3s. 9d., 4e., 4s. 3d.; cockerels, 45.: pullets, 4s. 3d. to 4s. 9d.; half-crown, 2s. 6d. Pumpkins, ss. to 65.;, sack cabbages, 2s. 6d.; swedes, 25.; onions, lid.; prime Sturmer apples, 4s. per half case; others, 3s. to is. 6d. MOTUROA OIL. (By Teleeraph.—Press AssociatioM.l Now Plymouth, July '3. The local directors of the Tarana'ki Oil Wells Company have applications for supplies of crude oil for Dit-sel engines totalliB? 65 barrels weekly, from all parts of the Dominion; also an application by a bipr shipping company for regular supplies. The directors were unabie. to consider the latter application, as the refined article will give better profits. It is expected that the first dividend to the shareholders of the Taranaki Petroleum Company will be made ucxt week and another in August. NOETn OTAGO MARKETS. Oamaru, July 14. Exceeding slowness characterised the grain market during the week, and there is no speculation. Merchants arc unwilling to buy, and growers arc unwilling to eell at present prices. Two fairly substantial lines of velvet were bought at 3s. 7d. nnd 3s. 6Jd. net at country station*-:, but thcie prices were slUluly above present uuatations. Other lines were sold at slightly below these quotations. Oats nru similarly lifeless, and A Grade Gartona have been sold at Is. Hid and 25.. both net, o-t country stations, and I! Grade at Is. lQd. all<l Is. lid., less the commislnn. at country stations. The loading of a. steamer for Sydney, and the demand there, lvis inri'sed new life into the potato ninrket, and, starting at £4 10s. at the beginning of the- week, prices went up to £5 at tho end net to growers. Another steamer is expected about a. fortnight hence, but cable advice.,- report, a- slackening of the Sydney market, and the demand has eased a little. Potatoes are sdill offering from tho country, ajid these will probably Ami a market in Australia. LONDON WOOL SALES. By TelesrraiMi-Prcss Association-Copyright London, July 12 For the best selection of merinos of tiie series, average torts were 5 per cent, in advanis on opening rata. Host wools are firm. Messi-s. Murray. Roberts and Co., Ltd have received the followin,',' cable message from t-hciV London fricnd.s Messrs /nillicv.ion, Murray nnd Co:, under dale Jp'v 12:-MnrUet strong. Compared with the closing rates of last London sale-- the market for merino shows mi advance of 5 per cent. Oreusy crossbred suitable for America is very linn, and American havers are operating freely. FIiOZKN MRAT. Xcw '/.ea-k'ind Louii and Mercantile Agency Company. Limited, hove received Ihe followi'ng cublcgraiu from their London under date July I2:~Fn»eii Jlcat: The demand for muttnu is imnrov ing., Tho market, slightly weaker for l.imr>. nnd thcia is a iuo<l;rit-3 denuir.it £or beofc

By Telerraph-Press Association-Copyright (lief. July 14. 5.5 p.m.) London, July 13. The Incorporated Society of .Meat Importers' Smiililicld market quotations for the undermentioned cla&cg of frozen meat are based on actual Kilos of not less than one hundred carcasses of mutton or lamb, or twenty-five quarters of beef of fair averago quality. The quotations are not selected lines, but for panels fairly representative of the bulk of the shipments now on the market. The prices which follow arc on an (iveryge a farthinjj per lb. more than the value ex ship, this difference representing an average cost in expenses, handling, conveyance, ami selling the meat :— July 6. July 1.3. Mutton— d. d. Canterbury. UeM 4 3-B 4i Canterbury, medium 4ft 4 Canterbury. Heavy 3S . 3? Southland 3)1-16 33 North Island, best ..' 31M6 3S North Island, ordinary... 3f, 311-16 Arfrtrallnni, liplit 32 3j Australian, heavy 3', 3 3-B rtiver Plale. lipli'J - - lliver Plate, heavy 3ii 33 New Zealand ewes 3 7-16 3} Australian ewes 3il 33 Itiver I'latc ewes 3 3-8 3 3-8 &amhCanterbury, light 6 3-B 61 Canterburv, medium 6 5q Canterbury, heavy 53 53 • fWnthbml 6 515-16 North Island, ordinary... 5J 5.i NoMh >land, sejected... 6 515-16 Aiiflralinn, best " 53 53 Australian, fair 5J 5i Australian, inferior — — lliver Pint*, first. - — fliver Plate, second — — BeefXow Reliant!, ox fore , ; .. 35 3\ Xew Zealand, ox hinds ... 4 4J Australian, ox fores 3S 3J Australian, ox hinds 4J 4 River Plate, chilled fores ■ 33 3 9-16 River Plate, chilled hinds 4? 43 Hiver Plate, ox fores 3) 41 River Plate, ox hinds 4» 41 AIINING NEWS, WELLINGTON SHARE MARKET. There Were no transactions in mininir shares on Saturday. The buyine and selling quotations were as under:— Buyers. Sellers. £ s. d. £ s. d. Old Hauraki 0 18 n 1 10 Ross Reconstructed 0 5 10 0 6 0 Talisman -- ' 19 3 Waihi — - 1 16 3 Waihi Grand Junction ... 1 1 6 119 Waitaiißi : 0 0 6 0 0 7 The course of sales during the past month was as under:— Ross Reconstructed, 6s. Id., ss. lid. Talisman. 415., 40s. 6d. Waihi. 365. 6d. Waihi Grand Junction, 225. 6d. The Wellington Stock Exchange received the following telegram on Saturday from the Workson Dredge:—Return, 5207.. 19dwt. for 92 hours. STOCK EXCHANGE. ' Auckland, July 13. Business done at this morning's call: — Occidental, Is. Id. Waitangi, 7d. Talisman-, £1 199. 3d.. £1 18s. 9rt. Grand Junction, £1 Is. 6d, S'axon. 7d. Waiotahi, 2s. 4d. Dunodin, July 13. Tho following sales were reported on the Stock Exchange to-day:—Talisman Consolidated, £1 19s. 6d.: Waihi, £1 13s. 9d.: Dominion Rubber- (C issue), sa. 6d. DKEDGIXG. Dunedln, July 13. Dredginir returns:—Rise and Shine, 230z. for 137 hours; Trafalgar, 13oz. 12dwt. for 95 hours; Worksop, 520z. 9dwt. for 92 hours: Karanui, 250z. sdvrt. for week; Waikaka United No. 1. 17oz. 15dwt. for 122 hours.

Golden Jicil, 250z. Sdv.'t.; Sandy Point, 23 oz, 14(hvt,.; Koputai, 12oz. 9dwt.; Olrig 12oz. 7dwl.