LIVE STOCK SALES

Dominion, Volume 10, Issue 3191, 15 September 1917, Page 10

LIVE STOCK SALES

The New Zealand Loan and Mercantile Agency Co. Ltd., oondueled a clearing sale on account of Mr. J, T. Singer, IV aikauae, an<l report a very successful sale of hie pedigree Shorthorn stock at highly satisfactory prices. The following prices Mure realised:—Cows in milk and coming to profit averaged over 22 guineas, lowest price 14 guineas, highest 44 guineas; bull, 40 guineas; springing 2-year heifer.?, 17.J to IE guineas; October calvers, to ZOJ guineas; empty heifers, 10 to !1{ guineas; yearling heifers averaged 1J guineas; 4iiionths heifers, 7 guineas; ■l-nonths hull. IB guineas; bull calves, from one week to 3 weeks old, realised from 111 to 18 suiiicas: heifer calves, from one wool; to 3 weclss, 41 to 6J guineas; crossbred heifers in milk, £10.10s. to £13; sprinsine heifers, £9; cows in milk, £12 15s. to £18; backward cows, £8 to £9; backward heifers, £8 ss. to £9; gelding, £33. The New Zealand Loan and Mercantile Agency Co. report:—At Palmur3ton North.' on Thursday we had a fair yarding of both sheep and cattle. All classes of stock met with a ready sale, young enttlo showing an advance in values. Fair hogRets, Ws. 6d.. 235. 7(1.; good mixed hoggots, 275. 7(1.; yearling steers. £3 65., £5 10s., £6 Ss.; yearling heifers, S3, £4 25., .£4 33.; finvard cows, £G8 135.;. fat cows. £10 55.; cows with calves, £7 55.; backward springing heifers, £7 10s., £9; Rood springing . heifers, £9 25.. £9 155.. i'tO 155.; dairy cows. £8 to £10.; 2-year Holstoin bulls, £9 15s. Messrs. Dalsrcty and Company, Limited, report, havinc held their Waikanno sale on Thursday, when they offered a good yardinn of sheep and cattle. Prices riled :is under :-M.b, hoggets, 235., 233. 4d. to 235. 8il.; mixpd ale wethers. 205.: cull owes with lambs, ■ 18s. 6(1.; springing heifers, to £10 2s. &!.; empty 2-year heifers, £8 35.; yr-arliiiG heifers, £4 G-.: v.-e-mar heifers, £?. 15s. Jfcssrs. Dalgety and Co. report having n. good yarding of both sheep and cattle at the Palmcrston North Yards, on Thursday, when everything chnnced hands at satisfactory prices to vendors. „ OnntaFat and forward, <;wes, 325. 7d..: medium owe hoegets 275. Id.: wether hoggets, 275.; fair mixed hogget?, 235. M.; b.f. hocscts, ZOs. Id.; small lioigcts. l's. 6d. Oattlo: Spring cows, £9 12s. 6d., £5 153.1 light coira and calves. £8, £8 10a.;

ompty 2-year heifers, £7 165.; light empty cows, £6 65.: yearling heifers, ii 6s. to £5 195.; yearling steers, £4 2s. to £5 Es.; bulls, yca-rling, £4 25.; 2-year bulls, £7 Hβ. COMMERCIAL ITEMS "INVESTMENT SHARES. Tho quotations yesterday for investment shares were as follow:— DoTore. Scllera. £ b. d. £ s. d. National Bank 5 2 6 - N.Z. Loan and Mercantile (ord. stock) 70 0 0 - Well. Trust and Loan ... 5 8 6 — Well. Deposit 0 6 3 — Christehurch Gas (£5) ... — 6 3 6 National Insurance 2 19 6 — S.B. Insurance 512 6 515 0 Auckland Trams (ord.) ... 1 1 0 — Hmklart-Paxker (owl.) ... - 113 6 Well. Woollen (ord.) ... - 615 0 Westport Coal 18 3 — Waipa, Colliery 0 18 0 — Golden I?ay Cement — 12 0 Sharland's ordinary 18 0 — Colonial Sugar (Aus.) ... 22 15 0 23 0 0 Customs duties collected at the Port of Wellington yesterday amounted to £591 7s. sd. BANK OF ENGLAND RETURN. By Teletrraph—Press Association—Copyright (Rec. September 14, 7.40 p.m.) Lnndon, September 13. The Bank of En|iaud return issued for the week ended Wednesday, September 12, is as under:— Issce Dkpaetmknt. Note IS6UB £70,277.000 Gov. aebt... £11,015,000 Other securities 7.434,000 Gold 51.825.000 i 70.277.000 ±-70,277,000 Banking Department. Proprietors' Gov. securicapital £14,453.000 ties £57,567,000 Public do- Other securijiosite ... 4-2,580,000 ties 03,150,000 Other deposits ... 121,346.000 Notes 20,743.000 Rest, 7-aa.y aud other bills ... 3,460.000 Coin 9.409.000 £181,860,000 £161,669.000 The loading items of the Bank of England roturn afford the following comparison:— This week La6t week Last year £ £ £ Bullion '. 51,628.000 51,628.000 52.069.000 Roservo ... 32.152.000 32.068,0110 37,025.000 Note Circulation 40.534.000 40.670,000 36,121.000 Public Doposits 42.590.000 «.46'2i000 69,147,000 Other Deposits 121.546,000 124,977.000 96,363,000 Proportion of reserves to liabilities 10.6 L 18.0-2 23.60 . GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those ruling last week:— tstnnk This Last &tock Week Week 2i% Imperial Consols £s- a - * ,"„■ % i „ War Loan %>. I ° 10 0 Jj,. War Loan *J ' 6 n gin 0 4 ..N.B.W.UJJJau-Julj 87 5 0 6710 0 31,,M.8.W.1930-SUJIr.-Sp " n n ml 5 0 4 ~Vic.l9SUJau.-Juiy ™° ° L 3J,,Vic.mi-6Jan,July % 10 . ° §\ 0 Jl., Vio. 19ZU-1549 £,2 2 70 0 0 3 .. Vic.mWJJan.-Jly |S Jg 0 62 15 0 3J,.a.A.1916Jan.-July ™a 6 72 10 0 3 ~b.A. 1916 JArU.-Juiy u> t n min 0 4 ~UT<U9IS-24Jan.-Jly 5015 0 90 5 0 31,,UTd1922-47Jan,Jly 15 0 87 10 0 3 ~QTd 1922-47 Jan.-Jlj li\j g 62 0 0 . 4 „ K.Z. 1929 May-i\ov. 85 a 0 SS 2 6 3J „ N.Z. 1912-40 Jan.-Jly 73 n 6 73 15 0 i „ N-Z. 1920 April-Oct. 63 0 0 63' 0 0 35 „ W.A. ISIS-35 My-Nv 74 7 6 74 0 0 3 „ W.A. 1915-35 Aly-Sov 69 0 0 69 15 0 3J „ Tas. 1920 Jan-July 7il 10 0 72 10 0 i „ Tas 1920-40 Jan.-Julj 65 0 0 65 0 0 MONEY MAEKET. The Bank of Eneland discount rate was OB January 2. 1914, reduced from 5 to 4S Dor cent., on January 22 it naa reduced 10 4 per cunt., and on January 28 3 Der cent. On July 30 the rate was raised to 4 per cent., and on July 31 it waa raised tc U ocr cent., and on Aukusl 1 it wae further advanced to 10 ocr cent. On Augusf. 6 the rate was reduced to 6 per cent., on August 7 it .was further reduced to 5 nor cent., on July 13, 1916. it wae raised to 6 per cent., on January 12. 1917, it was reduced to 65 per cent., and on April 5 l< , was further reduced to 5 per cent. OPEN lIAEICET ISATEB. The open market discount rate for three months , bills at 4j per cent., as compared with 43 per. cent, last week, and 53 per cent, last yaar, Short loans aro quoted at 4J rer cent, as against 4J por cent. laßt week and 43 per cent, last year. COLONIAL AND OTHER PRODUCE. Butter.—Market, is at a standstill; prices nominally unchaneod. Checse.i-Board of Trado is releasing for September 75 por cent, of the supplies, for whioh the trade has applied. Wheat and Flour.—Market lifeless. Oats, Peas, and Beans.—Held for full prices. Sugar.—Unchanged. Hides.—Leather and basils, nothing doing owing to absence of supplies. Eabbitskins—Sales cancelled owing to few stocks available. the' hetal markets. . Oopper.-Spot, £120 ss. per ton; three menths, £119 155.: electro I ytic £135. Lead.—Spot, £30 10s. per ton; three months, £29 10s. Spcltor.-Spot. £54 per ton; three months, £50. Tin.—Spot. £244 7s. 6d. per ton; three months. £243 15s. Bar Silver.—sod. per oz. standard.