FARMING & COMMERCIAL

Dominion, Volume 12, Issue 275, 16 August 1919, Page 10

FARMING & COMMERCIAL

v . AUCTION SALES - ■ V FORTHCOMING FIXTURES. : '„ u , to-day. Mirt;" 11130 n.ni,—Sale of produce, ' etc, (G. Anderson). MONDAY. ■ Main Roa'd,. Linton, 12 noon.—Salo of stook and implements (Abraham 1 and Williams). ' v Waikaaae, 1•' p,m,-Sale of stock, implements, etc- (N.Z. Loan Ob.). ■ ' Nai Nai, Lower Hutt, 1.30 p.m.—Sale of stock and implements (N.Z. Loan Co.), ATapaepae Road, Levin, 1.30 p.m.—Sale of i'stoefcand implements (Dalgaty and Co.). . TUESDAY, : Herbert Street, Wellington, .10.30 a.m.—Sale of Building material (B. Johnston- and Co.). .. lioyin PaVds, 12.15 p.m.-fitocy salo (Abra- \ ham and Williapis, and Dalgety and Co.). .-■ - ■ LONDON WOOL SALES •'•IKBEN COMPETITION AND FIRM i'-:'-.'- . ' PRICES. ... .. London, August 18. - : There is keen competition at the wool sales to-day. Prices are harder all round, American and French buyers operated ■... freejy.—-Aus.-N.Z. Cablo Assn. , SOUTHERN MARKETS By Telegraph—Press Association. Christchuroh, August The' principal business done by . v the -larger firms during the week was the .booking of orders for spring sowing received from visitors to Ohristchurch for ■ - the holidays. have .been fairly • large for gross seed and clovers, showing f that there will be' a fairly large area ; sown down this season. The indications ' are that there will, 1)6 a much smaller •area sown in grain than was the case lust year.; ' .*■ The oats and chaff markets show prac- . tically no change since the last report. There is a better- demand for ■without a change iu prices, which range ' from c£7 -15s. to iS at country stations. ' Thero is a scarcity of offerings of red i clover, and tho price to farmers is firm at Is. 6d. to Is. 7d„ according to quality, White clover is still worth Is. id. to Is. sd. . . i Linseed is .very firm, there being little •' offering, and <£26 10s. is now being quoted to farmers. ?: . -Onions are rather firmer, 'and'are worth , ~ )<'£l2 to JUS 10s. at-country stations. V LONDON TALLOW MARKET The New ZCaland Loan and Mercantile Agency Company, Limited, have received, the following cablegram from their London house under date August 13:—Tii)loiv—The market'-is quiet. AUSTRALIAN WHEAT SALES *" ~ ' Melbourne, August 15. . It is announced that the oversea wheat sjiles sinc« the inception of the Wheat Board'total seven million tons.— ten. ; • LIVE STOCK SALES V '.;Tl6 jfew- Zealand Loan and Mercantile Co., Ltd., in conjunction., with, ' Messrs. Dalgety and Co., Ltd., report having held a particularly successful' sale - •' ou account of Mr.- Edward Bruce, at his ■■■■ homestead, Eangitikei -Line, on August 13. There -was an exceptionally large at- '. tendance of buyors, and the stock coming forward -in excellent condition oreated strong ; competition. The following are ■■prices realised:—Late calvers, £12, £13 V'lOs.. £14, to £15; September calvers, 1 £16. - £17, £18. to £19; early calvers, £20, £22, £25, to £27; cows, calved February, . £12; "cows in; milk, £17, £15, £23," £25, to £27: registered Shorthorn cows, £18 18s., 20gns., 24gns., 26gns, 27gns„ 41gns.; store cows, £6 15b„ £8, to £11: yearling heifers, £3 55., £3 10s., 6Jgns.; " registered Shorthorn bulls, lOJgns.; 32gns., to 17gns.; draught mare, £47: halfi 'dranght.: £22; harness mare, £27 10s.; \ "."child's pony, £10; sows, with Bmall lit'';f(!rs',* £10,' £15 ! 10s.; fcnvls, Bs. 6d. each; limo spreader, £23; drays, £18. £33; roller, j£l9; s.f. plouffh, £17. A heifer calf, do•nated by the vendor, proceeds to be given '".to hospital, realised £3 3s. . p HIDE AND SKIN §ALES | The fortnightly sales of liidea and tallow = il-cre held yeA'erday by tlie various brok?ers'.',' • The New Zealand Loan and Mercantile VAgency Company, Ltd., report that for alt' lots of hides not taken by the tanneri ,«nder Government schedule prices keen '.competition was forthcoming. All calfskins are being held for revision of nr!c*» promised by the Government. Tallow and ,fat. sold well at late rates. j' Jlessrs. Murray, Itoberts and Co. statn :that they cataloguad 950 hides and yearlings, comprising softie very choice lots in (superior condition. Unfortunately, niost of these had to be withdrawn from ■auction,-as they were selected by tanners, and the vendors were not disposed to ancept the schedule rates. A spirited sal» >vas met, for all lots wfcioh were''let go ijp to auction, and prices on the Y.'holfi were well maintained at last sale's level. Tiight ox sold at Id. per lb. higher, medium at par. and heavy ox (lur the fc* / " hides left by tanners) about )fi. per lb., caglar. A few light cow hides made slightly above last sale's price, hut no lot of any size could bo offered owing to withdrawal. Yearlings were in good demand at;. slightly reduced valueß. Bull hides mado extremo prices, onn lot of superior, vefy- light Weights, bringing l<ld. Tallow Bold at oxceptional ilguras.' Messrs. Abraham and Williams report that tlicy offered a fair catalogue of all 1 descriptions, which elicited vory ke«a competition from a full bench of buyers. The hides usually selected by tanners were, under instructions from owners, withdrawn, from sale, as they do not feel disposed- to accept the schedule rates, which wero a great deal lower than prices obtained. fOr inferior lines at publio auction; Tallow was in' very keen demand at <s. .to 6s. per owt. abovo preriou* «ale«. The- firm realised 71s. per Art. for a line of five casks, -which, it is stated, constitutes a record to date. The Wairarapa' Farmers' Co-operative 'Association, Ltd., in which is Npcorporated the United Farmers' Co-operative Association, report very spirited competition. Tanners, as usual, selected their requirements under the Government schedule, which is at least 50 per cent, less than current auction prices, and .this fact is causing great unoasiness amongst, thoso sending in consignments for sale. Pricos were about on a par frith previous sale, with tho exception of light cow hides, ■which- realised up to 20Jd. per lb. Tallow sold well at an advance of ss. per cwt, on" previous sale. The-N.55. Farmers' Co-op. Distributing Co., Ltd., report that offerings were rather smaller than usual, owing to the fact that many owners did not appear disposed to take from tanners the Government .scho'dule of prices for sound ox and cow hides, ' consequently tho offerings consisted chiolly ..of light weight and inferior hides. For these the competition was very keen, and ' prices for export were fully up to thoso of .' last sale's prices. No change having yet ' • been made in tho Government schedulo for' calfskins,' these wero again kopt out of catalogue. Tho tallow market continues .'■ very firm, and priccs were from 3a. to 6s. In advance of previous salo rates. • "■ Messrs. Levin and Co. report that their ■ catalogue comprised a varied assortment of light hides. Hiddjngs wero animated '. throughout Tor all lots offered by auction, ■ and values for all descriptions exceedingly firm. In anticipation of an oarly revision of the existing requisition, owners of . neavy-Tveight ox hides preferred to hold '■ rather than to sell at tho present Govern- ; .jnent schedulo consequently the of-' :ifcrinrv.'of best ox wore small. No light .'.-■ calfskins were offered, as the Board of llot, yet revised the schedule of prices; • The revision, according to pro•Vmisc, should have come into operation in ■ .' July last. ■ The range of prices was as under:— . Hides.—Ox. heavy. 12Jd. to 19Jd.; medium, ;.'llJd.~to m.; light, 17d. to ZOfid.; cow, ; heavy, lid. to 17Jd.; medium. 15{'d.,to 18d.; V/light, liid. to 20Jd.; cut, slippy, and invfprior, lOd. t0195d.; bulls a«d stags, lid. to .-13? d-: yearlings,' 16d. to 25Jd.: calf,.heavy, J6d. to 25Jd.; calf, heavy, damaged, 16d. -to 20d. Tallow—ln casks. 625. to 71s. per cwt.; in '-tins, 455. to 50s. 6d. per cwt. Hbflfg!isir. ,15d. %. ' 1 "Forewa,rned is forearmed." Tour best >tveapon against a bad cold is "NAZOL." It will quickly and easily ront the enemy. Sold everywhere, Is. 6d. a bottle.— , Advt.

NEWS AND NOTES

COMMERCIAL ITEMS INVESTMENT SHAKES. Yesterday sales ofUnlou Bank shares at. £59 15s„ and of HuddartrParker ordinary Bhares at 48s. 9d., 48s. 9d., and 48s. ! " 6d., -tvero mado on 'Change. Tho Quotations wero as follow:— 'i Buyers. Sellers. .I ■ £'s. d,. £s. d. 1 National Bank — 610 0 ■' Bank N.Z. (£3 is. Bd.) ..... - 1442 6 Bauk N.Z. (£6 13s. 4d.) .. 18 12 0 ' - Union Bank 5912 6 . Ohristchurch Gas 6 6 0 National Insurance' 4 0 6 — , Standard Insurance 217 6 — i Canterbury Meat 1110 0 — ' Auckland Trams (ord.) — 12 9 Jlr-ddavt-Parker (ord.) ... 2 8 3 2 8 6 a P. and 0. Def Stock 523 0 0 640 0 0 1 Well. Woollen (pref.) ... — '512 0 Westport Coal — 1 9,0 N.Z. Paper Mills — 18 0 1 Ward and Co 5 16 — Wellington Oordajo — 13 0 Inscribed Stock 96 I 4 — War' Bonds (1938) 96 0 0 - NEW COMPANIES. ■ Tho "Mercantile Gazette" reports registration of the following now companies :- Cyro, Limited, privato company, Wellington. Capital, £601)0, divided into £000 shaves of £1 oach (3000 fully paid up and ' 3000 contributing). Wellington—l{. Wedderspoon, 12:0 fully paid and 2000 contributing; Isabella Wedderspoon, ViiO fully paid; J. .11. Taylor, £ou~ and 1CC0; ■I. A. Taylor, junr., 250 fplly paicV'; E. K. Taylor, 50 fully paid. Objects: To'acquire and take over as a going concSrn the business of Richard Weddorspoon aB. managers and agents for Farquharson Broß,, Ltd., Glasgow. Mount Bruce Sawmllling Co., Ltd., private company, Wellington. Cnpit-al: £1500, divided into 1500 shares of, £1 each. Subscribers: Wellington—C. .Slymon, 800. Karori—H. W. Collins, 200.' Mount Bruce— if. Holdsworth, 500. Objeots: To commence and carry on the business of timber merchants, Bawmill proprietors, and timber growers. Citizens' Loan and Discount Co.. Ltd., private company, Ohristchurch. Capital: £2CCO, divided into 2(i00 Bhares of £1 each. Subscribers: Clirlstchiireh—L._ W. lialkind, 1990; Esther L. B. Balklnd, 10. Objects: To carry on business of moneylenders, dealors, and general. Waimarino Farmers' Co-op. Association, Ltd.. registered August 1,3. .'919. Kaetihi. Capital: £10,000, divided into 10.000 shares of £1 eaoh. Subscribers: Baetlhi—P. O. Murray. 100; W. 0. Short. 50; T. S. Fags, JO; Tj. H. Fagg. 60; H. A. Wright, 50; E. 31, Beckett, 50. Ore Ora—W. D. M'Lean, 50. Objects': To acauire and take over as a going concern the business and premises CUSTOMS REVENUE. Customs revenue collected at the nort of Wellington yesterday amounted to £5484 Bs. " HIDES SALES. (By Telegraph-Pre6a Association-Copyright Melbourne, August 16. The hide sales showed very firm prices. Super stouts advanced id. por pound, kips, id. VICTORIAN PRODUCE MARKET, (By Telegraph-Press Association-Copyrieht Melbourne, 'August 15. , Barley, English, malting, ss, Bd. to ss. lOd." per bushel; Cape, 4s. 3d; to 4s. 6d. por bushel. Oats, Algerian, milling, ss. 2d. t'ss. 3d.»per bushel; feeding, ss. per bushel: Potatoes, £13 10s. to. £14 per ton. Onions, £17 10s. to £18 per ton.. ■ ■ 1 •. BECOVERY. IN TIN 'PRICES. London, August i 3. The recovery in the prices of,tin is at-' tributed to .'American buying.r-Aus.-N.Z.' Cable Assn. ; V MINING NEWS < .WELLINGTON SHAKE MAEKET. The quotations recorded iu tho mining market yesterday were-as under:— . Buyers. Sellers. £s. d. £s, d. Talisman — 0 7 0 Waihi 8 5 0 — Junction {....• J..'. — 013 0 STOCK EXCHANGE. ' By Telegraph—Press Association. Auckland, August 15. Sale.—Waihi, .455. Sales reported—Auckland Gas (paid), 365. 3d.; Union Oil, 31s. 6d. Christchuroh, August 15. Sales reported.—Huddart-Parker, £2 9s. 3d!; New Zealand Refrigerating (three par- | eels), £4 10s.: Wellington Frozen Meat (£2 i 12s. fid. paid), £3 9s 6d.; Golden Bay Cement, 20s. 6d. Dunedin, August 15. Sales.—National Bank, 1305.; New Zealand Insurance. 30b. 9d.; P.. Ilnd 0., £540 and £545;. Huddart-Parker, 48s. 6d. (three parcels); New Zealand Insurance, 30s. 93.; National Mortgage, 110s. ~