LIVE STOCK SALES COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2751, 20 April 1916, Page 8

LIVE STOCK SALES

COMMERCIAL ITEMS

IThe •••jr.Z." Loan - and Mercantile' Agency jo:; ; Ltd., report that at their . . usual lontlily etooi sale, held ait Wciikanao on Jnesday; they offered a fair entry of; both' he«p anii cattle, when the bulk of a yardig changed hands at the following prices: 'jfyear" .empty ewes, 205.; 2 .and 4-tooth Wat (small),- 19s.- lid.; medium -m.s. shorn imbs.; Ms.!.,small 'lambs,- 9s. 3d.'to-. 10s.; roolly lambs,' lis. : Bd. to 135.;-3 t0.31-year £11, 17s;: 'fat cows, • !7,175: 6d.;'springing, heifers', £6 .'to £6 ; 12s.' i ; heifers in milk, £6 4s.- to- £6'145.;; iißs, £4 lCs. to £8 15s. (Messrs. Abraham aid "Williams, Ltd., rrv <>rt ,on their Johnsonville sale as follows; ■A fair j-ardintr of sheep'and-cattle oame )rward, and: sold at the following prices:—: rime heavy'bullooks,- £18 125.;6d.'t0 £18; |s.; ..prime;b.ull<>cks, : ' £16;.',t0 .£l6 10s'.; fat'; jws, ,£8 12a.. .6d.'-, .t6,< £B'-,175.. v 6d.; f.empty Jwa, £6 7si.6d.' tO' £6.125. 6d.; prime'heavy ethers, 295'."2d.f light wethers, 255.' 6d;'; rime heavy ewca, 275. 6d.: "prime-owes. 255. j. 285.; primer,lambs, 193.". to £1 Os. 6d. j : ;: ' ADMSGTOX MABKHT. "." - By' Tetecranh-fPress Association. v V : Chrlstchurch, April 19." At the Addington livo stock market the; ltrles: of store and fat sheep l and, Jambs, ere much "smaller than of late, the 'yard-' Ig3 in .other-; deportments being 'up to. tho verage. . Store islieep. sold well,-, fat'lambs 9re equal ito late rates, fat -sheep' Showed. ii advance . consequent on the. short sup-' ;y, store cattle, were dull of saae, dairy (wsVwere in"; keen demand, and fat bacon •gs were'easier. . , . Store Shee®.—Forward - lambs,-l{s. to - 18s.; idinary"'lambs, 12s. 9d. to 15s. 7d.j cull Imbs,,: 9s. 3d.' to lie. lid.; wether lamba, ;. 6d.'to-13s; ,9d.; two-tooth ewes, 13s. Ud. ; -17a:-v7d:s four and. six-tooth ewes, 145.;. d. to . 19s. 5d.; four,- six, audi eight-tooth ves,l4s.; 6d. to '.Sos.;-'sound-mouthcd..'ewes, s.-.7d. to 145.; six and, eight-tooth ewes, s. 9d. to 175.; two-tooth. wethers,' 14s. ! 225. 6d.;' four and six-tooth, wethers, 17s. j 235.; two,' four, and six-tooth wethers, 'i; 4d.; 'six and eight-tooth wethers, 235. a.; merino wethers, 18s. to 18s. Id. Fat Lambs.—924 were penned. :Bitra' [inie made top to 265.; prime, 21s. to 255.; ."hers, 15s. .9a. to 20s. Ccl. Fat Sh63p.—Estra. prime wethers,, to 38s. :.; primo wothers, <255. to 295. 6d.; .others,- =. 6d. to; 245. 6d.; merino wetihere," 14s. 3d: j -225.; Bd.; extra prime owes, to 30s. 9d.; ime, ewes, 245. to 285.; medium ewes, 19s. I 235., 6d;; others, ,14s. to 18s. 6d. , Pat Cattle.—Extra, prime steers, to £18;, dinary "steers,. £9 to £13; extra: prime lifers, to'£l4; ordinary heifers, £6 17b. 6d. ! £10; extra prime cows, to £16 55.; ordin. y cows. £6 ss. to £14 103. -*tore Cattle.—ls to 18-months, £3 10s.; 2--ar steers, £4 ss. to £4 125.. 6d.; 2-year iifers,.'£3,l7s. 6d.; 2J-year stars, £7 ss. to '10s.; 3-year; steers. £8-12s; 6d.; 5-year lifers, £5;. dry cows, 30s. !to,£6 2s. 6d.; tiry; cows, £3 10s.: to £16 106. Pigs.—Choppers, 50s. to 925.;' extra heavy' >oonere,. to ICOs.; heavy baooners,' 75s to i.; light'baconers, 55=. to 70s. Price'per ;, 6d. to 6}d. ~ Heavy (porkers. 445. to 3.; light, porkers, 365. to 425. Price per t, .TO.• .to. ,7Jd. ..,Medium : stores,,', 285.. to. smaller. 16s. Ito 255.; weaners, 7s; fki, 1,135. | : TSCRNSIDB - MARKET. • : 'w' ;. ', r > - Dunedln,. April 19.' it Bunmde}l7B : fat cattlo were penned, ring", to -the - Easter, holidays butchers' quireroents'Jwsre' sir.aller, and prices de. Ned 10s.to 205.. Prime" bullocks, £14 10s.' £18 55.; medium'.''£ll 10s'. to .£13.".105.s ;ht, £8 10s. to £10;" prfrhe cows 'and lifers, £11 10s. to £14; medium, £9 to 1; light, £6 10s. to; £8 10s.. , V fat Sheep.—l6oo were penned,-principally" idium quality, and; prices declined Is. t<>' i 6d. Prime weffier6,. 275. to" 295.; extra fme. to 335.; medium, 235. ,6d>to 265.; in(lor, unfinished,'.' 18s. to 21s.;;prime ewes; 1 [. to 265.; medium; 18s. 6d. to 225.; in.' rior.lOs. to 16s.'-,; - " ' . -;■ ■

fat Lambs.—7oo ;wore peined. • Freezing yers, were not operating freely' before ister. Prime, 18s. to 235.. 6d.; medium, i., to 17s. 6d.; inferior, 10s.-to 145.; - •

• INVESTMENT BHAEES. . V Yesterday's Quotations lor investment shares were as uudor ;~ *•- -.Buyers. Seller#. £ e. d. £.s. d. National Bank .... 5 3 0 :Bank ;K.Z. (£3 6s. Bd.) ... 10 14 0 . - Dank N.Z. (£6 13s. 4d.) ... 16 15 0 ~ National Mortgage 3 16 9 — Well. Dep. and ilort 0 9 0 Auckland Gas (paid) 1 8 9 • — iNapier - Gas" (£5) 8 6 0 — ' Wellington Gas (£10) — 16 10 0 •WelVttas(pref.)•...: 018 6 — National Insurance 811 9 ~r Standard Insurance....l.lß ft , *— >Union Steam l (<jrd.)-.-.. 110 6 — •TTnion :r Stoam':(prcf.) v ',.0.. 110 — /Well- Woollen («ru.)6 6 0 — (pref.)\.;.v. 3 8 0. — • leyland-O'Brien 12 0 -* 0. . Mv Bank's vi 3 L !Golden Bay Gemeut 11 0 — i«Sharland (ord.) 1 '5 0 — *Sbarlaud .(pref.) 1 5 .0 *- , W.F.O.A. • (£5) 5 17 6 ~ div. s TOusidmeV-. duty ""collec ted at the port of Wellington - yesterday amounted ■to £6COB. \'WEM(&GTO \ ' The report '• of theV Wellington' Deposit f Mortgage t 'Association; M. for tho yoair : ended March .31; atateg that the net (profit.on the year's business is £1843 -ITs. 7d.,- which, added to £330 3s. 6d„ brought forward .from last year, less £100 "directors'-'fees, "makes a total of £3074 Is. Id., and this the directors recommend • should be "applied as'followsThe payment ; of-a dividend-for the year at the, rate of 5 per cent; por annumi' whibh will absorb £1250;' a aiim of £40G.t0 be placed to the veservo account; and the-balance, £424 Is., to be carried forward,. to■ next yf&t'i account. The interest on m©rtga-ges received and nccrucd during , the .year, amounted to £3766 17s. lid., and the'interest paid and accrued on deposits amounted to £1348 ss. 8d.,. and. tho expenses of management totalled £575 166. 2d. , Australian . mutual provident • " - SOCIETY-. / i 'The . Austraiianr.Mutual Provident Soci" fcfty's flaihuai report has just been issued.' In . spite, of the war conditions existing during -the ti'me .'covered .by the 'report, 'a amount of new business was secured t&an was obtained in. the previous year; 22,019 policies, assuring £6,784,« 635 (of J 'which £164,108 was re-aesured) werft issued by/the. ordinary department, .and : 23,858 : polide&, .assuring- £930,50 i by' the in•duetrM department."* '* •'* Claims under.a matured policies, £731,900, litl2o;less' tliair la£t year, hut claims arising ffom"'the. death of the assured have been very heavy, reaching £1,390,751 in tho .ordinary,;and;£ls,76o,'in the industrial de- : partment. • The -increase is; almost entirely, duo to' the war; over . £343,000 having* been paid to, .the representatives of deceased soldiers.-

. After deducting "reassurancfis, the bust- , nese ; in . force j\uT.ouiitß to 310,147 policies, ; asuring.;- £87,530;344 -. in' .the ' ordinary, . and 133.826- jpolicies, assuring £4.705,105, in .the ' industrial --d«partnu!iit.':''' The funds have ' Increased ; .to: .-634,565,338, and - the ; total re. .venue to £4,666,516. ' .. * ,

The rate of interest continues to rise, Mid tlve ruto ol expenseo, in spite of in creased taxation,' is further reduced. Ths rate of interest on .the mean funds is now -C 4 -t4s - 2d. per cent., the rate'of.-expenses (including taxes) to premium receipts (excluding annuities) is 13.31 per cent, in the ordinary, and 32.94 in the industrial dopartment... .; j_The; ■ directors, who ■ now retire are th« •Hon." James Burns, . M.L.0..' Mr. Adrian. Knox. ■ K. 0.. and llr. Samuel Hordern, 3.11 (xf .wbom aro eligible for el-election, and are the only candidates for the vacant Beats. Mr. T. F./H. Mackenzie, F.C.P.A., the w lor auditor, also retires, but isi eligible re-election, and is the ■ only . candidate for the vacant ' ■ ' . LONDON WOOL SALES. , By Telegraph—Press Ass6ciation—OoprriEht (Kcc. Apvil 19, 5.5 p.m.) V ' London, April 18. _ There was a .very brislt sale, all cross, bredg \vere harder, and merinos very firm. The; following were the prices. realised 1 for the"'fleece portion' of 'the clips namedt— Puketui, top price 19; d., s average price 18Jd.; Mahurangi, -top 181 d„ average I7jd.; Te Kopua, tt;p 17Jd., average l^d. The fourth series has been postponed to Jlay. 30„ and,limited to .50,000 bales, which, had arrived' up to March 31. The flfttt series lias been fixed for July 11, the limit to lie fixed later. .■■■ Messrs. 1 Balgety and Company, Limited! Wellington, report havdng rfceeirad the following cablegram from. their London house, under-date April 18:—The market-is .very firm,-aud better-descriptions of greasy. ir.erhicß are 10 per cent, above close of last -saleß.:--For : -gTeasy- crossbreds, '-especially of sellere. Average 64'sare'at*pre6ent costing 3s. sd. Thn fomth series of sftioa npeuo «n ilay. : 30. The list of'arrivals closed March 31: Gross arrivals total 142,000 bti'cs, forwarded 88,500 The fifth series opens on July 11, limits for which will be fixed later. ' ■ Messrs. Murray. Boberts and Co.; Ltd., yesterday reoelved'a cablegram from'.their London friends, Messrs. Sanderson. Jfurray and ,Co.,;ui\der date; April "18, as follows:— "Fourth. servos.. postponed until 'May . 30; limit 50,000 hales, reached March 31. lifth series 11, limit to be arranged later." The 'New Zealand .'Loan and Mercantile Agency Company. Limited, have received the following cablegram from thoir. London, house, under' date April 18:—Fourth, series' -.postponed till .May 30.; List closed May . 31; available, 52,000 bales. Fifth series fixed. lor July 11.

METAL MARKETS. By Teleeraoh—Press Associauon—Oopyriclt (Soo. April 19, 5.5 p.m.) ' ; London, April 18. uoppor—roTward delivery, £122 10s. lo £12J; eloctrolytic, £137 to £139. . Tin.—On spot, £200 to £200 10s.; torward delivory, £197, 15s. to £198. . I '^Spelter.— On. .snot, £105 per ton; forward, Silver.—ln bare, JO 7-163. per ounce flta'fl. aara. . , SHARES AND STOCKS. I '■ ' (Reo. April 19, 5.5 p.m.) | m . ... . London, April 18. . ITero yesterday's middla quotations:—Bank of Australasia, £111 12s. Banli. £51 55.; National. Banh of Australasia, £4 14s. 6d.; National Bault of J,cw Zealfljid, £4 15s. 7jd. N.Z. Loan and #7? rC f?» r d f? 0 " t,1r0 3. 155.; ordinary, ±(s, city of Melbourne debentures, £94 5s • Harbour Trust, £95 15s. . AUSTRALIAN PKODUOR MARKETS. (Reo. April 19, 10.40 p.m.) n.*. m. ■ ~ Sydnoy, April 19. Itote, Tasmanian white, 2s. 10d„ Js.: 41forjan, 2s. 6d., 2s. Bd, Barley, feeding, 3s. od.; malting',. 3s. 9d. Maize, 45., 4s 2d Potatoes. IVtsmanian, £6 10s„ £9. Onions,' Adelaide, April 19. Prite as fixed. Bran, lljd. Pollard, Is. Id. Oats, 25., 2s. Id. HIDBH . Melbourne, April 19. ine bides market, reports moderate eup. ? 1j *? mediums and heavies: from Jd. *to 31. lower. Other sorts unchanged. MINING NEWS WELLINGTON SHARE MARKET. The quotations for. mining shares yesterday were as follow:— . ■ , Suyers. Sellers. „ __ , £s. d. £8. n. Murray OreeS 210 0 — Success Dredge, _ s1 u 0 Talisman _ 0 12 0 Waflu us ( ~ . STOCK EXCHANGE. By Telegraph—Prees Association. ' „ , Ghrlstchuroh, April 19. Sale—Booth M'Donald, £1. • _• . Dunsdln, April 19. ■ Sale—Union Steam, 316. . LONDON MINING QUOTATIONS. By Telegraph—Press Association—Copyrijcht . ,'lßeo. April 19, 5.5 p.m.) . London, April 18. T, iv, 6 . 11 01^ Jng are the latest quotations 1 .— British Broken HiU, buyers 275., sellers 27«. 6d. ; TSroken Hill, buyers 60s. 6d., sellers 61s. €d.; Mount Elliott, buyers 81s. 10d., sell,ers 82s. 6d. . ; 388 HAUBAKI REEFS' LTD. The mine manager of t.he Hauraki Reefs reports as follows:—Good crushing dirt came to hand during the ipait week from the main stopes. over No. 3 level. , In,like £°; » level face good country continues, but_ the reef has been somewhat small during .the week. . All tho• winding .gear and necessary 'timbering has been com pleted at .the .Wynyardton. winze, and a clean start made to continue sinking. Uooa country - and a, likely-looking reef . continues 111 the face going east. on tho