LIVE STOCK SALES

Dominion, Volume 9, Issue 2824, 15 July 1916, Page 12

LIVE STOCK SALES

The New Zealand Loan and Mercantile Agency 00., Ltd.. Dannevirke, report having held on Wjlnesday a successful clearing sale ,on account of Mr. P. J. O'Brien, Norsewood. 'There was a, very satisfactory attendance of buyers, and bidding was keon and spirited throughout. The cowe wero all m good condition, and made tho satisfactory average of £9 3s. 6d. Highest pricc was £13 7s. 6d., ana lowest £6 7s. 6d. Prices obtained were:— £13 7s. 6d„ £13 55., £11 2s. 6d. (3), £10 17s. 6d.. £10 10s. (3), £10 155., £10 ss. (2), £10 2s. 6d. (2), £10 (3), .-£9 15b., £9 2s. 6d. (2), £9 ,(2), £8 17s. 6d. (2), £8 12s. 6d., £8 2s. 6d.' (4), £8 (2), £7 10s. (3), £7 (2), £«, 15s„ £6 10s. (3), £6 7s. 6d. (4); m.s. yearlings, £3 10s. aij'd £3 Is. 6d.: gelding, £7 10s.; breeding sows, £7 2s. 6d„ £7, and £6. Sundries all reached satisfactory figures. Tlie Now Zealand Loan and Mercantilo Agency Co., Ltd., report that at the Levin, yards \on Wednesday they submitted a email entry of sheep and a medium yarding of cattlo. Bhecp met with a dull sale, but. competition was brisk for cattle. Quotations: Light fat cows, £7 2s. to £5 165.; fat and forward heifers.' "£6 ,6s. to. £7; forward confftJfon cows, £8 Ss. to £6?65.: two and a half-year speyed heifers, £6 195.; empty three-year heifers, £5 165.: good wearier heifers, £2 2s. ;i twoyear steers, £6 3s. 6d.; heifer and calf. £5 35.; spring calving heifers, £6 9s. to £6 155.; two-year .Jersey bull, £6.

The New Zealand Loan and Mercantile Agency Co. report:—On Wednesday we held a successful sale of dairy stock on account of Mr. T. H. Tremain, at his farm, Ohakea- Competition tfas good throughout,. particularly for early calvers, and tho whole herd of 66 head averaged £10 13s. 6d., Best cows made £14 to £17 55.; good cows, £10 to £13; fair cows, £9 to £12 10s.; backward and aged cows, £4 to £8; springing heifers, £8 15s. to £10 108.; heifers in calf. £4 to £6 10s.; fat heifers, £8; Jersey bulls, £4 to £6 10s • Holstein bulls, £7 10s.; Shorthorn bull £12 10s.; pigs, stores, 225. to '31s. 6d.; breeding cows, £3 7s. 6d. At Palmerston North, on Thursday a modcrato entry met with fair competition. Sheep, hoggets, 17s. sd. to 20b.; ewes in lamb, 295. to 305.; yearling steers (coloured), £2 n s • empty heifers, £4 155.; heifers in calf,' M 95.; store cows, £5 3s. to £5 10s.; forward cows, £7 7s.' 6d; to £7 10s,: springing cows, £8 ss. Messrs. Dalgety and Co., Ltd., Palmcrs.ton North, report having a medium yarding of stock at their Palmerston North sale on Thursday, which sold as below — Mixed hoggets, to 20s. 3d.; ewe's in lamb: to 335.; store cows, to £5; backward dairy cows, to'£s 10s.; young bulls, to £3'ss. Customs duty collected at the port of Wellington yesterday amounted to £5060 Bs. 4d.

COMMERCIAL' ITEMS , WHOLESALE PRODUCE PRICES. Messrs. Laery and Co., Ltd., AUcn Street, report wholesalo prices as follow:—Fowl s wheat, prima Ss. 3d. per bushel, incdinui ss. 2(1. per bushel; fowl's bairlcy, 4s. 3d. bushel; Capo barley, 4s. 9d. bushel; l'idge peas,'6s. 6d. bushel; maize, feed, ss. 3d. bushel; ohatf, oatsheaf £6'ss. per ton. oatstraw £4 ss.' per ton; hay, clover, £6 ss. per. ton; dour, in sack, £13 15s. per ton; oatmeal, £20 10s. per ton: bran, £6 10s. per ton; pollard, £9 per ton; potato seed. Northern Star £6 10s. per ton, Up-to-Dato £7 per ton, Gamekeepers £6 10s. per ton; bacon (all best factory), sides Is. per lb., rolls Is. Id. per lb., hams Is. Id. per. lb., shoulders lOd. per lb.; clioeso (factory), medium, 10d.; linseed meal, 100 s, £11 10s., 56's £12, 20's £12 10s.; linseed nuts, Us. 6d.; Ilneecd ground cako, 13s. 6d. cwt.; rice pollard, £6 ss. per toil; onions. £7 Ills., £8: potatoes, white-skinned, table, £S 10s„ £9. ■ SOUTHERN MiUIKE'IVS. By Telegraph—Press Association. Chrlstchurch, July 14. Thore is no change to note in tho U'hc/it market, which Is very flrre. and with very littlo business doing. A small shipment of flour came to hand by the Manuka from Sydney. Thero is nothing fresh to report in oats or oa-tshcaf cliau. Potatoes are still selling at £6 10s. at country stations, but offerings fire limited. LONDON VTOQh ■ BALES. Australian-New Zealand Cable Association, (llee. July 14, 8.40 p.m.) London, .Tuly 13. At the wool pales, prices were firm at recent rates. Orossbreds ore unchanged, but with stronger general oompotition. Tho following prices were rcaJised for fleece portions of the Now Zealand clips named:—"HichfieW," top 22Jd.. average 21ScL; "Avondalc." 2M., 21jd.; "Halfway," 19id., 17»d.

BANK OF ENGLAND RETURN. ■ Australian-New Zealand Cable Association. London, July 11. The Bank of England return issued for the week ended Wednesday, July 12, is as under:— IS6DK Department. Note Isßne i 70.755.000 Gov. debk ... JSII,OIS,CO' Other securities ... ... 7,431,000 Gold 54,706,000 £75,765,000 £75,755,000 . Banejng Department. Proprietors' Gov. soourlcapital £14,553.000 ties i'H.ISS.OOO Public do- Other seourlposits ... 54,920.000 ties 81.2J5.000 Other doposits ... 93,500,000 Notos 39.765.000 Rest, 7-day and other bills ... 3,290,000 Coin ... ... 2:093.000 £165,272,000 , £165,27-2,000 Tho leading items of the Bank of England return afford the following comparison:— This week Last week Last year Bullion ... ... 57.306,0C0 58.323.000 52.131.000 Reserve ... 41.859.000 ' 42.406.000 30.082,000 Noto Circulation 35.080,000 86.366,000 34:495,000 Public Deposits 54.929.000 53,949.000 52.937,000 Other Deposits M.500,000 103,607.05'157,981.000 Proportion of '' reserve to liabilities 28.30 26.08 17.57 GOVERNMENT SECURITIES. Thp following are the latest quotations for Colonial Government Securities in oomparison with those ruling last week:

•The cabled (Jiiotal which docs not appeji alternative reading 11 serious. Obviously (;1 mangled ui transmissi

ition -was .£B2 10s„ iir reasonable. 'J'ho makes tho drop too :he message has been ion.

v - . MONEY MARKET. The Bank of England discount rato was 011 January % 1911, reduced from 5 to 44 per cent., on January 22 it »s reduced to 4 per cent., and on January 28 3 per cont. On' July 30 tho rate was raised to 4 per cent., and on July 31 it was raised per cent., and on August 1 it was iiirtlior advanced to 10 per ccnt. On August 6 tho rat-o was reduced to 6 per cent., on August V it was furtfofr reduced io 5 por cent. The rato hns now been raised to 6 per cent. OPEN MAKKET KATES. Tho money market quotations are disorganised to-day. Short loans and throe months' bills.' which hardened yesterday to 41 and 51 per cont. respectively, avo imQuotaJjlo. . ■ ' i COLONIAL AND OTHER PBODUCE. Bradford Tops.—The market reports small business in merinos. Pine croesbrods aro extremely firm, with a hardening tendency. Low crossbrcds aro slightly easier. 64's, 53d.; super 60's, 51d.; 56's, 40d.; 50's, 35d.; 46's, 28id.; 40's, 27Jd. fi-ugor—American granulated, 41s. 0 7-12d~ Butter.—The market is quiet. Australian, 158s. to 1625.; New Zealand, 1685., 170s. ~i Oheose.—Flat market, with vory little business. TJiei'o are large all round supplies. New Zealand, 825., 865.; Canadian, 80s., 82s. Wheat-Supplies aro firmly held and sparingly offered. Flour.—Markot firm. Barley.—Market firmer. Peas and Beans— Market quiet, with prices unchanged. I THE -METAL MARKETS. ■ Copper.—Spot, £91 2s. 6d.; tlireo months, £89 2s. (id.; electrolytic, £125. Tin.—i Spot, £169 17s. fid.; three months, £170 17s. 6tL ' Lead.—Spot, £23 55.; three months, £26 15s. Spelter.—Spot, £45 55.; three months, £43 10s. ■ Silver.—Bar silver, 30d. per-ounce standard. VICTORIAN PRODUCE. Australiaa-Now Zealand Cable Association. Melbourne, July 14. Barley, English. 4s. 6d. to 4s. 9d.; Capo, sellers 3s. 7d., buyers 3s.'6d. Oats, milling, Algerians, 2s. 4d. to 2s. 4Jd.; feed, 2s. Id. to 2s. Zd. Potatoes, £6 10s. to £7 10s. Onions, £2 to £4.

'An anonymous donor has made a generour offer to the Brincess Louise Scottish Hospital for Limbless Sailors and Soldiers. The gift comprises Erskino Mansion House, with, lands and ground adjacent, extending to 350 acres, to be utilised for the care and treatment of Scotsmen maiuied. in the. war. The proprietor, Mr. Thomson Aikmun, recently arranged to hand over tho liouse and grounds for a. certain period, but the anonymous donor expressed a desire to place tho hospital upon a more firm and sure foundation, and accordingly he acquired the house and grounds oil special terms. The New Zealand Loan and- Mercantile Agency Co. advertise stock to be sold at their Waikanao yards on July 18. The dairy farm of Mr. W. Bramlcy, at .Tohnsonvillc, consisting of 100 acrcs, will be sold by auction by Messrs. .1. H. Botlmnc and Co. on August 16. Mossrs. Dalgety and 00. will hold an auction sale of stock at Levin on July 19. A sale by auction of trochoid properties in Korovi, Brooklyn, and Lower Butt will be hold by Messrs. J. n. Bothunc and Co. on July 19. A handy block of land at I'araparaumn suitablo for farming is for sale. Mr. B. J. Ba.rnett, W Willis Street, has particulars. A. preliminary notice giving particulars of Mr. S. E. Lancaster's sale on August 1 and 2 is advertised by tho auctioneers, the JS'ow Zealand Loan and Mercantile Agency Co. and, Messrs. Dalgoty and Co. Kiglit sections and Ave house properties in good localities in tho eity and suburbs will bo sold by public auction under directions of the Public Trustee on July 211. Tho auctioneer, Mr. 11. E. Leighton, will supply particulars. Mossrs. Abrahafti and Williams, Ltd., will' hold a stock salo at Waikanae on July 18. A handy mixed farm of IT/ acrcs. with a. carrying capacity of 60 dairy cows and 600 sheep, is at present open for sole. J. T. Horn, Ltd., is tho agent.

Variation c . •, • compared Stock Pvicc. with ; last week. £ 9. il. 25% Imperial CodboIs CO 10 0 lOBlowor 8i„WarLoaii HI 5 0 10s lowor 45 „ War Loan 86 14 6 -7/5 i ow(!r ' 1 ,.N.6.\V:19S3Jan.-July 87 a li e/6 bialiev Si' „H.S.W.1930-50Mr.-Sp 97 1. 6 2/6 Utah or Si „N.S.\V. Early Cure 76 15 0 j6 ,wh e r 1 ,N.B.\Y.1025Apl.-Oct 7317 li S,'„ " 3 „Vio. 1920 Jan.-July MIC 0 7/6 lYltiUci: 31 „Vic. 1021-0 Jan.-July 85 C 6 6/6 lower 31 „V*.o. 1920.1949 75-7 6 jss biBlier S t .Vic. 1929-49Jan.-July 67 ' 6 W Higher 3* ,S.A.lDlGJan..July 75 D J Unchanged 4 , B.A..121t) Jftn.-July 611- b 2/6 higher 3 „Q'r<31915-24 Jan.-July 91 5 0 a/6 lower !)} „Q'rdl922-47Jan.-July 67 12 6 27/6 lower 3, ..Q'rdlG2-2-47Jan.-July 60 10 0 g B ljigbor 4 "N.Z. 1929 May-Nov. si) 10 0 n/o jowci - 31 N.Z. 3912-40 Jan.Jly 76 12 6 S/6 lilHlior ■ 3 ' N-Z. 1920 April-Ocfc tiB 17 6 7/S higher 31 'W.A. lOlS-SSAI'y-N'v "7ri O 0 32/6 tower 3 "W A. 1915-35 M'y-Nov 7'i 10 0 Unchanged Bl 'Tas 1920 Jan-Jnly 74 O 0 Unchanged 5 Tas 1020.40 Jan-July (H> 15 0 Unchoncoj