RAETIHI SHOW

Dominion, Volume 9, Issue 2699, 19 February 1916, Page 8

RAETIHI SHOW

A SUCCESSFUL EXHIBITION

(Special Correspondent.)

Raetihi, February 17. The seventh'annual show of the Wainarino Agricultural, Pastoral, Hortioul;ural, and "Industrial Association took place at llaotihi on Thursday in beautiful weather, and there was a very large gathering at the show'grounds, which are beautifully situated. These grounds comprise a reserve of 17 acres, about seven acres of which are cleared, tlio balanco being in standing busb. The show, on the whole, was a big success. fL'here was a record, general entry, and in practically all classes there was good representation, some, of . course, being better than others. The horticultural and industrial exhibition was very good, and a credit to the district.. In the horticultural division, Mr. J. H. Wil-. son won the points prize with 82. Mrs. George Whitaker, with ten points, won'the points prizes in the industrial section, H. Hall lieing 6econd .with 9. Sheep. There was an increased entry in the sheep .classes, tho aggregate being 143 is against 64 last year. Eomneys this pear took the lead in entries, and somo Sne animals wero penned. Tho three , highest awards in the points prizes wero ,is follow:—A) J. Laird, 37, 1; J. Risk, 1 S3> 2; 1). R. Hunt, 27, 3. The" first award • for crossbred wool went to Mr. E. A. Yoelkerling. Cattle. Cattle showed an ; increase of fully one hundred per cent, over last year; a good class was exhibited, the quality representing the types being developed :in the district. The chief' exhibitors were: C. D. Scarrow, R. Allen, G. (Berry, W. Merson, W. T\ Wise, the firsi>named scoring the points prize, to' which is att-iched a handsomo sil■Brer trophy. Horses. ~ There was a vory fine turn-out in the ring classes, big fields being -witnessed in the riding and driving competitions. The results were as follow:— ; Boy rider, under 10 —C. Smith, 1; V. 'Brown, 2. Girl rider, under 10—V. Inghy, 1; D. Baker, 2. Boy rider, under Boske.v, 1: J. Radcliffe, 2. Girl rider, under 14—V. B. Jonaseu, 1; iV.. Inglev, 2. Boy rider, under 16 — O." Bosley, 1 H. Dale, 2. Driving competition (gentlemen^—C. D. Scarrow, 1; N. Scarrow, 2. Driving competition (ladies) —Mrs. Pilkington, 1; Mrs. Honghton, 2. Riding (gentlemen)—B. Fitzherhert, 1; M. Wilson, 2. Riding fladies)rTMif>s Durham; 1; Mrs. 6. Dowell, 2. Troop "horsfr—H. J. Wilson, 1; C. -E. Kelly, %' ■ Maiden hunting— M. .Wilson,!;.!'; E. Stephens. 2;; H. Brewer, 3. ;Ladies' leaping—Miss ( Wise, 1; A. Wriesht, 2; Tiwha, 3. Pony leaping—Wipslri, 1: Pine, 2; Murnhy, 3. Open hunting—E. Stephens, 1; Pine, 2; IOTa, 3.

WHOLESALE EGG MARKET ■ The N.Z. Poultry Industries, -Ltd., 1 - report as follows,;— The supply of guar- ■ . ant-oed eggs" is, as usual at this period, not equal: to requirements, and the price has advanced one peuny to Is. 9d. per dozen.... ; AUCKLAND WOOL SALE ' '& RECORD CATALOGUE, j. . By Telegraph.—Press Association. !■■ - Auckland, February 18. ' '■ 'A' record catalogue of 13,000 bales of wool will bo offered at the sale on Thursday, compared, with 5639 last year... . ■ . \ " , .

LIVE STOCK SALES,

M/?ssrs. Dalgety and Company, Limited, held their weekly sale at Palmerston North on Thursday, when they offered a good entry of both sheep and cattle. The following are the prices realised:—'F.m. ewes, 12s. 7d. to 16s. lOd.: fat ewes, 21s. 9d.; R. rams, lgn. to 21gns.; Southdown rams, £3 3s. to 6sgns.; cows and calves, £6 2s. 6d.; speyed cows, £4; fonvard store cows. £6; fat heifers, £5 .13s. 6d.j fab cows £5 18s 6d. to £9 2s. 6d,

'ITie New Zealand 1 Loan and Mercantile Agency Co. report:—At Bongotea, on Wednesday, a good yarding of both sheep and cattle came /orward. All sheep and cowa with condition sold well, but backward store cows were easier. FaEr mixed lambs, ,125.. lOd.; f.m. ewes, 16s. 7d.; b.f. 2-tooths, fat, 21s 6d.; fat owes and wethers, 245. 9d.; woolly wethers, 315.; store cows ,£3, 55., £4, £4 10s.; good storo fiows, £5, £6; forward cows, £6 55. ( £6 17s. 6d.. £7, £7 12si; fat cows. £8 ss„ £fl 17s. 6d., £9 10s. i young bulls, £3 to £5; heavy bulls, £7, £7 Ids., £3 7s. 6d., £9 155., £U 12?- 6d.: good store pigs, 205.; porkora, 28s. 6d., 325. 6d„ OP"!. C(t ITessrs. Abraham and Willioms, Ltd., report:—At Shannon on Tuesday we had large yardings of both sheep and oattle, and have to report a very successful sale at highly satisfactory prices. Quotations:— Sheep: 4-tooth .-wethers,- 255. to 255. Bd.; 2tooth wethers, 225. 5d.; fat ewes, 215,, 21s. 6d„ 9d., &3s. 2d.; woolly lambs, 17s. Bd.; shorn lainbs, 14s. 9d., ISs., 565.. 16s. 6d.; small lambs, 12s. 6d.; f.m. breeding ewes, 15s. 9d.. 17s. 6d. to 2te. 6d.; cull ewes, 10s. 3d to 14s. 2d, Cattle: Pat cows, £7, £7 Bs., £7 ,10s., £8; forward cows. £6 Bs., £6 10s., £6 365.; store cows, £4 10s., £4 19s. : 6d., £5 25., £5 55.; cows and calves, £b 25., £5 17s.' 6d.; forward bullocks, £12 55.; mixed weanere, 17s. 6d., 205., 21s. 6d., 23a.; bulls, £7 155., £8. COMMERCIAL ITEMS INVEST3IENT SHARES. In the investment market yesterday thero wero no transactions recorded. The quotations were uitder:— Buyers. Sellers. £ s. d. £ 6. d. National Bank — 5 0 0 — Bank N.Z. (£6 13s. 4d.)... 16 7 6 — Union Bank 50 10 Q — Well. Invest. T. aud A. .. — 011 0 Well. Trust. Loan, Ltd.... 6 19 5 7 10 •National Insurance. 2 9 0 — N.Z. Sliipping (ord.) 18 15 0 N.Z. 'Shipping (pref.) — 17 3 Well. Woollen (ord.) 4 18 3 Westport Coal 18 3 — 1 N.Z. ' Drug ; 2 4 9 — Ward and Co 5 15 0 — W.r.CA. (£0) •- 6 2 0 Customs duty collected at tho port of Wellington yesterday amounted to £3151 3s. Id. ■ NAPIER WOOL SALE!. By, Telegraph.—Press Association. Napior, February 18. The third wool sale of the season opened to-day. Competition was fairly keen, but, the quality of tho wool was not, up to that of last sale, much of the wool beins greosyj.this was due to a large propor. tion being back-country wool. The prices, which were woll up to those of the Wellington sale, wore 03 follow:—Fine crossbred, 182<L; first Romney lambs, 191 d.; cuoured crossbred, up to 23|d.; crossbred, up to 365 d.; bellies, 14d.; seourod half, bred; 20£ d.; crossbred hoggets, up to 13£ d.; crossbred .ewes, up to 15Jd. A line of • crossbred first lambs brought tho high price of 19d.'' Many lots were passed ih, . vendors'.reserves not being reached. After the dinner adjournment t.ho bidding \j-as very slack, many lots being pa-ssed in. There was a drop, in quarter crossbred Cleeces; other lots maintained their values. The dale will not conclude till early morning. SYDNEY WOOL SALE. (By Telegraph—Press Assn.—Copyright.)

Sydney, February 18. Fresh records hare boon, established in scoured wool, fleece selling at 32Jd. per. lb., pieces at 31Jd., and bellies at 24* d. VICTORIAN PRODUCE MARKET. ' ' . ' Melbourne, February 18. ' Brail £4 10s. per ton. .Pollard, £6. Barley, English, 3s. lOd. to 4s. Id.; choice Ohevalier, to 4s. 3d,; Cape, 2s. lid. to 3s. Id. Oa.ts, milling Algerians (scarce), 2s; 2!d. to 2s. 3d.; feed, 2s. to 2s. 0)d. Maize, £6 2s. Potatoes, £11,10s. to £11 15s. Onions, £3 10s. to £5.. ' NATIONAL MORTGAGE CO. (llec. February 18, 9.30 p.m., London, February 17. . The National Mortgage and Agency Go, of New Zealand shows a nrofit of £54,366. A dividend of Is. and a bonus of 2s. per share ; have been declared, £SCOO is added to the reserve fund, and £24,866 ■ carried forward. BANK OF ENGLAND RETURN. (Rcc. February 8, 9.30 p.m.) London, February 17. The Bank of England roturn issued for the week ended Wednesday, February 16. is os under:— ISSUE Department. Hot® Issue £72,611,000 Gov. debt ... £11,015,000 Other securities 7,434,000 Gold 54,165.000 <£72,614,000 £72,614,000 lUnktng DEMMUENT. Proprietors' Gov. seenric&pit&l £14,553.000 ties £32.639,000 Public de- Other seenriposits ... 51,514,000 ■ tics... , ... 95,153,000 Othor deposits ... 09,156,000 Notes 40,048,000 Rest. 7-day and other , bills ... 3,742,000 Coin M5.C00 £168,965,000 £168.965,000

Tho leading itoms of the Bank of England return efford tie following compariThis week Last week Lnstyear £ £ £ Bullion 54,165.000 53.69 V.OOO 61.165.CC0 Deserve ... 40.073,000 30.661.000 19.920.000 Koto Circulation 32.566.000 32,866,000 34.167,000 Public Dopoßits 51,514.000 02,641,CC0 40.316.000 Other Deposits !)9,156.(XW 1D5,531,001) 117.618.000 Proportion of reserve to liabilities 27.01 24.43 31.54 GOVERNMENT SECURITIES. The following are the latest quotations for Colonial Government securities in comparison with those ruling last week:— Variation . compared Btock Price. with last week. £ -5. d. 25% Imperial Consols 68 6 3 3/9 lower Sg[ i, War Loan tS 1 '6 l/<5 lower it » "War Loan 96 17 6 2/6 louver i r N.5.W.3933Jan.-Jnly 64 7 b 52/6 higher dj „N.5.W.1930-M)Mr.-Sp 95 7 6 !i/t> higHer 3$ „N.S-W. Early Curr UIS U unchanged 3 ~N.S.\V.l9i!sApl..Oct 71 5 0 untsbatged 4 „Vic. 1920Jan,-Jaiy S4 5 0 5/- higher SA „Vic. 3921-6 Jau.-July H5 0 0 7/6 higher 3 „ Vic. 1529-49 Jan.-July o*2 I' 2 6 2/6 higher BJ „S,A. J916 Jan.-July 74 0 0 6/- higher 3 ~S.A. 1916 Jan.-July 56 10 0 03/- higher 4 „QTdlols-24Jan.-Ju!y 80 5 0 urchanged 3s „U'J'dl9-2 : 2-'i7Jan.-July 87 5 0 15/- higuer 3 ~QTdl9&i.47Jaii.July 62 15 0 &>/- lower «« 1920 May-No v. 87 7 6 7/6 higher „ *912-40 Jan-Jly 74 0 0 unchanged i lli April-Oct 64 7 6 7/6 higher 1 da 'W.A. IUJS-35 'v 76 17 (j -5/-higher ! if, A, 1915-25 Al'y-Nov 70 2 6 W/6 higher i 3a Tas 19-20 Jan-July 73 2 6 2/6 lower I 3 Tas IS'jQ-jQ Jan-July 65 0 0 'Hl/3 lower | MONEY MARKET. ; Tho Bank of England discount rate was 011 January 2, 1914, ,reduced irorn 5 to 4J : per cent., on January 22 it was reduced to 4 I*2l* tjeiii and 011 January 28 3 per On. Joly 3(J the rate was raised to 4 j/er cent., and on July 31 it was raised to 8 pei* cent-., and ou August 1 it was further advanced to 10 per cent. On Augu©* 6 tho rate was reduced to 6 ipcr cents, ou August 7 it w<vs furtner reduced to 6 per cent., at which rata it now stands. TJjij Buuk of France rate is 5 per cent., as against 4 per ceut. prior to the war. OPEN MARKET RATE. The open market discount rate for threu mor.;hs' bilJa. is 6A per cent., as compared with 4ft per cent, last week and 1 7-16 per cent, last year. Short loans arc quoted at 4£ par cent, as against 45 per oent. last week, and I of 1 per cent. last year. * COLONIAL AND OTHER PRODUCE. Wheat U ffuiet end unchanged. • Australian afloat is being held for 70a. Flour is steady, but quiet. Oats aTc dull. Bohia Blanca, FebruaryXareh shipment, 335. 9d. Peas are firm. New Zealand maples 60s. to 655. Beano are 6toady. Now Zealand, spring 5Ds. to 525. Butter is very firm. Danish is qui?N»d at 1645. to 168s, The rise is principally due to the fall in the exchange, which 1-3 generatly attributed to. our of exports to Denmark. There is good inQuiry for New Zealand choicest. Salted >s quoted at )545. to 155i.j xmsalted, 160sto 1645. Australian has been practically cleared. Salted, 1465. to 1485.: unealted, 158s. to 160b. Oheesc is easier. New Zealand . white, Gsp.; coloured, 965. ttugar is ftrm and unchanged. Bradford Tops.—Tho market is quiet and unchanged. METAL MARKETS. Copper, on spot, £106 ss. per ton; thre« months. £100 15s. Tin, on npot, £180 Cu. per ton; threo months, £181. . Pig-iron. 965. 9d. per ton. Lead. 50ft foreign, £32 to £32 ss. ret ton. Spelter, on spot, £102 por ton; forward del'very, £94. Silver.—Bar silver is quoted at 26? d. pep ounce standard.