LIVE STOCK SALES.

Dominion, Volume 7, Issue 2160, 28 May 1914, Page 8

LIVE STOCK SALES.

' Jte=srs. Abraham and Williams, Md.. reiiorfoii their Johnsonvillc pale as follows:A good yarding of prime bullock and sheci.;.caino:forward, also a line of station calves All lots were in gsotl demand, and. ■■aid-well-at hot-ale prices. Prime lieavj bullocks, £12 to £12 55.: lighter. £11 12s. 6d. to £11 155.; light. £11; prime heavy •eal/rs. £2 16s. to £3 U.; lifter £2 6s. to £2 fie.: prime wethers, 235. sd. to 245.; prime'lambs,'lss. ■ Meesrs;«Ab"rahain and Williams, Ltd.; report i-At.Eauniai on Tuesday we offered bis yardings of both sheep and cattle. Sheep sold well at late rates, but the demand for cattle was dull, and several lots went out unsold. Quotations :-2-tooth wethers. 195., A 5d." t" «"• 2d.:4 and 5-year ewes, in lnmfi .ieJAd.: lambs, 13 ? . 2J. to Iμ. 5d.; forward empty ewes, 16?. 9d.: 18-month steers...« 195.:.:. springing cows, £S to £U- ; cows, oust-calved. £.9 2s. 6d. to £12 Eβ.; fat cows. £5 Zs: 6d. td £6 lCs.; forward cow?. ■ £3.,.105..t0.JM-.155.;-wcaner heifere, 31s. to £2 ss.

ADDINCiTON STOCK MAI'.KET. (By Teiesrayh-.-l'ress Association.) ' '' Chrictohurch, flay 27. At the Addington live stock market* -today there were large entries of fat cattle, sheep, and lambs, but only a email cntiy of store sheep, ami average offerings in other departiuents.» Int cattle opened at 'easier'ratte. " Tat lambs sold well, nnd, thoush there was a heavy yarding, prices -firmed-towards tho close o> the sale, tni "Sheep were also firmer, but store sheep sold without change, though the demand showed some improvement, Tat pigs also sold at last week's fateo. , ■ • Two four, six, and eight-tooth ewcslwell-groH-n and in condition), to 205.; two, four, six. and ; eight-tooth ewcci (in poorer cond--tion). 15e.-7d:;- ; four, six, and eight-tooth ewei 18s.; full and failing-mouth ewes (good class), 17s. Id.: aged.and cull ewe 3 (empty). 4s. ?d."to'Bs. 3d.; .best'lambs, 14s. to Ks.-5d.; fairly ; ..Robd.:to,BOod Jambs, lto., to• lit>. M. : very medium lambs, lls.: small tamiis,,.9s. 6d.; ewe lambs' (good). 15?. 9d. to 17s. Id.: ewo'lambs (inferior). Us. 6d.: wether lambe, 1Z3.-lfl.-; four and six-tooth wethers, to 163. 3d.: two, four, nnd six-tooth half-bred wethcro. 16s. 6d.: two and four-tooth wetherr-, 15s. lid.; two-tooth wethers, Ms. lα. to 15s. 7d.: merino wethers, lCs. Pat lamhs-TcTa. ZCe. to S3s. 6(!.; extra prime tegs, to 25?. lCd.: nver/icc wei-?litn. 18s. to 19s. 6(1.; light and unfinished, 14s. to

17s. 6d. Fat shoßD—Kxtrn, prime, wethevs. to .2k.: priiui' .wetiiers. Ms. Ed. to 265.: other wethers, 15?'. sd. to 215.; extra, prime nwes. to 31s. 9d.; prime ew(vi, 183. 6d. to 235. 6d.; medium £wos. 15s. to 10j.; need and li?ht. ■ 11s. to 14s. 6d.: merino wctherc.'2l3. 3d.; merino owe?, 11s. to 12s. Fat e/ittle-(«ners. .£7 17s. 6d. to £11 sf\; ettro, steers. £16 17s. 6d.; lieifira, £6 5«..t0 £8 5=.; extra heifers, to £12 2;. 6'l.t cows, £5 15s. to fit ss.- "Xtra cows, to £10 ss. Store cattle-Fifteen to ciehtrw-montlis sorta 275.; two-yeer ctoers, £4 IF-?.- passed; two-vei"- heifers. £3 9s. «'l. to £4- "ows, £1

3s. to £4.; d-Mry cows, fi ss. +o £12 IPs. Fat. pigs-Chopps's, £3 ti £5 Its.; henvy baeoners 6Cs. to-655.:-extra'hcovv bacon-<-i*i, to 705.; ordinary barons; 47-. to "a The price ner lh. ws "nui-iMnt to 5Jd. 365. to <o=. The pri"c p" lb. "was p"iiiv/iJ«nt It 6d. Store iii*'-P"«t sto'-»<!. 38=. t--4ls. 6d.- medimn etorc. Jfe.to W : .?mall ?toro», ?»s. to 23?.: wpi-iip'?. Ss. 9-'. fo* very

small 'ni"s. to lCs. fid. for g""d inimals sows, with litters, £5 Its. to £5 14s.

COMMERCIAL ITEMS INVESTMENT SHAEEa The only transaction in the investment market yesterday was a tale of Ward and Co.'tj shares at £5. The quotations were us folic-*:— Buyers. Sellers. £ s. d. £ s. (I. Bank N.Z. (.£3 63. 8il.) - IWS-.11 National Dank 5 13 0 5 la 0 Met.'Permanent - 12 0 0 Well. Investment 0 11 1 - Ghrlstclmi'vli Ciiia 7 5 0 - Palmerston Gas 10 2 6 10 7 6 Wellington Gas (£10) 16 6 6 16 7 6 N.Z. Insurance 6 5 6 — Standard Insurance 114 6 — Meat Export (£4) 5 0 0 - N.Z. Shipping (ord.) — 15 15 0 5.7.: Shipping (prof.) 10 5 0 - Union Steam (pref.) 113 — Mi»»?iel Woollen 3 12 6 - Well. Woollen (ord.) — 4 15 0 Well. Woollen, (pref.) ... 3 1 0 - ■Wcstport Coal 111 0 — 0. M. Hanks (ord.) 12 6 - Manning and Co — 4 10 Ward and Co 4 19 6 - W.t'.C.A. (£1) — 16 0 Auckland Trams — 14 6 ; COLONIAL MUTUAL LIFE. According to the report of the Colonial Mutual Life Assurance Society for 1913; in the ordinary branch 8827 proposals, assuring £2.044,134, were completed, and annuities amounting to £1572 per annum, while the annual income arising from the pohiict) issued during the year is £80.629. In the industrial branch 29,549. policies were issued.'assuring £928,631, and in the accident department the new business comprises 1575 transactions, assuring £411,871. Claims in the ordinary branch matured by death amounted to £127,029, and by endowments £69,193. Clnims matured in the industrial' branch figure, at £7008. and the sum of £2214 has been paid for endowments matured to former members of the Standard Life X'sqciation.. In the accident department; claims paid or outstanding arc shown at £5748. The addition to the assurance funds of the ordinary branch during the vcar was £173.751, and the- rate of interest' yielded by the fund was £4 10s. per cent. This compares with an addition of £86.256 and 0 yield at -the rate of SA 7* lCd. per wait, in 1912. The sum of £9763 has been • written off the value of securities, while the"jMurn of the. freehold and leasehold properties owned hy the society is 4.10 nor cent.'per annum at the preeent time. The ratio of..expenses to premium income is under 33 per cent., as compared with over 37 per cent; in 1912. The actuary's investigation diecloecs a surplus of funds over liabilities iu'-tho" ordinary department amounting to "£81.093. which is carried forward for future distribution. In the int"rim it is recommended that a bonus of £1 per cent, per annum on the sum assured payable at maturity should be paynble for each completed year of duration siiwe December 31. 1910, in the case of all nolicic3' entitled to participate, maturintr by death or survivance prior to the next distribution. PHOENIX ASStJRASCE CO. Th£ renort of the Phoenix Assurance Company. Limited, for 1913, shown that in the lire department the net premiums amounted to .£1,403,803. Claims amounted to 51.6 per cent., and expenses to 39.3 per cent, of the premiums. Inclusive of interest on tho lire funds, £192.037 has been carried to the credit of profit and lom. In the marine (lpiuirt.ment the. net premiums amounted to £597 608. and the net, losses on nwMint of 1913 were £256,7.15. The sum 0f£38.297, constating of £18,297 interest..nnd £20,CC0 trarfiriff nrolit, has been transferred to profit and loss. In the employers' liability, accident, and general departments thn net m-rmiuins amounted to £90.080. and the cliiins and oxnonsc" to £67.588, the profit of the year bcin» £11.053. In the sinking fund and capH'i! redemption departtf"nl nolicicp for £30,994 were granted. T'>e fund at the end of the year was £332.561. In the iife. department the new bushier amouiilL-ft to £1.58?.024, of which £225.971 was iwissurc-d with other companies, and (be lif" insurance fund' were incre«--cd fiy £419.331. t. o 1 total of .£ll .00r.,045. The operation' of the yenr resulted In nn amount slnmling to t|i-, credit of profit ami 1of« n', £385.053. including tredins profit fro'n Hrp, pendent, nnil innrii" , ilfnartn" , nts "t .£158.690. and interest. flsfi.7B<l. The directors Wvp (.nnlied £91.749 in writing down the Stock Tlxnhangc fccuritins in t.'ic lire, marine, am' accident fti>"'ls to the marlto' nv!c» at. Decmber 31. 1913. and have £1(1.000 to office premi c ofi flfoiin , . Ic^'-tur; lo bo dried forward. 'I'lie directors recommend paynent of p finnl Hividni',' of is. 6d. per ehare. U'fi« income \v. yik'mz n t-ntnl nayment for the v«or 191.1 of 8- per share, less income tax. The total assets of the company exceed £16,300,000.

KEUTEIt'S TELECSUAII CO. Router's Telegram Company. Limited, are in receipt- of catilc advices from London Hint the not profits of the company for the year 19U were £<6,0«, including .£8678 brought forward, nnd including a dividend of £15.625, being at the Mte of M per cent. per annum for sis months, from l'.euter'e Uiink Limited.

Jfimter's Telegram Company. Limited, lias declared a balanco dividend of eight shillings per shore, making seven per cent, per Annum. The sum of £3300 hos been carried to reserves, making the total reserves £145.350, nnd £8912 has been carried forward. The net profits of Renter'? Hank Limited for the first sis months of its existence, to December 31. 1913. amounted to £20,257.

WOOL, SKIN. AND HIDK SALE. Jfess'rs. William and Kettle, Ltd., DanncTirkc report on their sale of wool, skins, nnd hides, held to-day, Tuesday. May 26:Our catalogue, which we submitted to n large number of buyere. comprieod:—ls liales and 69 bags wool, 3122 ehecpekine, 265 hides, 80 calf-skins. 413 packages, and 1 cask tallow. We'held all bale lots of crutchIngs over for our special fale on July 1 Competition throughout wiui very keen, especially for skins and hides, ekine showing .in advance of Jd. to 3d. per In., while hides were very firm since our last sale of March 17. We <iuote as follow:—Wool— Crossbred flcc-ce (straeglors) 7d. to 9d.: crossbred lamb.-.'. 73d. to 9d.; ercrcbred, dead 7.U1. to 8(1.; locks, pieces and bellies. 55(1. to 7d.; mitchinss (odd lots). 6?d. to Ed.; black wool, 71d. Sheepskins-Crossbred, Bid.; half-wools. 71(1. to Bid.; quarter-wools, 73d.: crossbred lambs, Bid. to BJd.: croe'bred inre-rior, s!d. to 7d.; crossbred dead. 43d. to 7Jd.; dead inferior, 4Jd.: crossbred black. 6Jii.; pelt?, sound fat each), 1?. lid.: pelts, broken, 6d.; butcher's crossbred, damn-(148), ss. <d.: shorn lambe. &=>'. lid.; woolly Inmbs, ss. 7d.; butcher , ? salted, halfwool (826), ss. 9d.; fermnr'e salted, quarter to half-wools, 2s. to ss. 9d.: hoggßts, raited, .inferior, 6d. to 2s. Hides-Ox' (light), 8 3-Bd.; cowf.i. nrime 8 3-8(1.; cowp. country, 7 7-8(1. to 8 l-Bd.; cows and heifers, cut. 7(1. to 7 7-Sd.; weaners and raws, slippy, 51d. to fi 1-8(1.; wf>ncrfl. Finnd. 9 5-Pd.: horfe hid->s, 9.=. 6d.; <---ilf, found Ed. to 10 7-Bd., m>, 8 1-Stf.; slipov, (A. Tallow-Tins. 233.;. casks, If".: roukh fat. 14s. 6d. pfiv cwt. Fundus— 43d. per lb. Ilorsehair-ls: sd. per lb.

C"--tom= duty collected nt -the port of Wclliiiston yesterday amounted to £2637 190. FINANCIAL CABLEGRAMS. By TcleKrnph—Press Aepocip.Hon—rnpvriEfht London, May 26. yesterday's closing quotations were as follow :- Bnnk of Australasia, buyers, £122, sellers £124. Hank of Now South Wales, buyers £42 ICs.,'sellers £« 10s. . • Haul! of ■>Victoria, buyers £4 55., sellers £4 15s. Union Bank of Australia, buyers £59, sellers £m. ' National Rink of Australasia, buyers £5 10s., sellers £6. ' National Bank of New Zealand, buyers £5 fo.. sellers £5 10s. Bank of New Zealand, buyers £10 12s. 6d., sellers £11 2s. 6d. N.Z.Loan flud Mercantile Agency 4 per cent, debentures, £92. ■City of Melbourne 4 per cent, debentures, £$8. i Melbourne Harbour Trust, 4 per cent. do. bentmes, £101. Melbourne Trmnvay Trust, 4J per cent, debentures, £IC2. Melbourne and Metropolitan Board of Work?. 4 per cent, debentures, £99. Australian Mercantile uebentuw, £94 ICe. Dr.lgety ami Cd. 4 per cent, debentures, £92. Dfllgetv and Co.'s shares, buyers £6 10s., sellers £7. Melbourne Go.-> Co.'* debentures, £99. flitv if Sydney. £ICO. Mort and Co.'6 debentures, £96 10?. Bank of New Zealand, 4 per cent guaranteed stock, £99.- . New Zealand Loan and Mercantile stock, £90. , . THE METAL MARKET. (Hec. May 28, 0.10 a.m.) London, May 27. Copner.-On spot,. £(3 3s. 9d.; 3 months, £63 !.6«. 9d. Tiii.-On opot, £I<9 17s. 6d.; 3 months, £151 15s. Lcad.-£IB 15s. ' • • WHEAT. (Ree. May 28, 0.10 a.m.) London, May 27. The wheat market is quiet, Australian being from lid. to 3d. lower.

MINING NEWS ■ WELLINGTON SHAKE MARKET. Sales of Waihi at 475. and 475. 3d. wero the only transactions recorded in the mining market yesterday. Tho quotations were as follow:— Buyers. Bellere. £ s. 4. £ «. d. Con. Galdflclda ■ - n 18 fi Murray Creek - *0 7 6 New Sylvia 0 0 9 0 0 11. Koss lteconstructed 0 3 6 — Swastika - 0 7 0 Talisman IB J 1 19 6 \Vaihi ■. 2 7 3 2 7 6 Wailii Grand Junction ... 1 5 9 — • Wflitangi :. - 0 13 Success — 0 18 6 STOCK EXCHANGE. (By Tolciraun.—Proiß Association! Auckland, May 27. Business done on the Stock Exchange at the 3.15 p.m. call to-day was;— Waihi, £2 75., £2 fo. 6d. Waihi.Grand Junction, £1 65., £1 ss. 9c1., £1 6s. Talisman Consolidated, £1 19s. 3d. Auckland Trams (ord.), £1 3s. 9d. New Sylvia, 9d. Christcluirch, May 27. Stock Exchange eaks:— Ward's Brewery, £5. Talisman, £1 19s. 3d. ' Duredin, May 27. The following sale was reported on the Stock Exchange to-day :—Waihi, £2 Iα 6d. GRAND JUNCTION RETURN. Auckland, May 27. During the past month the Waihi Grand Junction Gold Mining Co.. with thirtj-ninc stamre running for twenty-four days, crushed and treated 8610 tons of ore for return of bullion, valued at £18,105 9s. sd. RO?S GOLDFIELDS. The following telegram has been received by the secretary of the Ross Golduclds from the mine euperintendent at Boss:— "440z. lCdwt. of gold from 15C0 trucks.".