FARMING & COMMERCIAL

Dominion, Volume 14, Issue 128, 23 February 1921, Page 8

FARMING & COMMERCIAL

AUCTION BALBB FORTHOOMIMO FIXTURE*. TO-DAY. 157 Lambton Quay, Weninvton. 10.30 a.m.— Furniture sale (E. Johnston and St. Andrew’s Church Site. WeiHnirton Terrace. 10.30 a.m.—Sale of timber (Johnston and Cs.). Feildina Ewe Fair. 11 a.m. Shannon Yards. 1 n.m.—Stock sale. 137 Lambton Quay. Wellington. 2 n.m — Furniture snje (Hodsrkins. Carver). TO-MORROW. 157 Lambton Ou»y. Wellington. 10.50 a.m.— Sale of blouses (E. Johnston and Co.). Mnrtinboroueh EWe Fair. 12 noon. Pahautanui Yards. 12 noon.—Stock sale. 195 Lambton Quay. Weliinaton. 2.30 p.m.— Pronertv sale (Harcourt and Co.). FRIDAY. 243 Lambton Ouaec. Wellin eton. 10.30 a.m. — Sale of shop fittings (E. Johnston and Co.). Courtenay Place. Wellington. 11 a.m.— Furniture sale (Wilson and Co.). Ihuraua, 12 noon—SoJo of stock and implements (Levin and Co.). WOOL SALES REARRANGEMENT OF DATES. The trouble with the waterside workers has resulted in an alteration in the dates of the various wool sales. The Dunedin sale, Which htu? been postponed, was to have been followed by sales at Invercargill on February 24, Timaru on February 28, and Wellington on March 3. It has now been decided that the jxxstponed Duned-’n sale will be held on March 1, if the shipping trouble is over then, and the Invercargill, Timaru and Wellington sales will follow on dates to be arranged. SKINS AND HIDES THIS WEEK’S SALE CANCELLED. As a result of the trouble on the waterfront the fortnightly sale of skins and hides set down for Friday next 'has had to be postponed for a. fortnight. CANTERBURY PRODUCE MARKETS

1 By Telegraph—Press Association. Christchurch, February 22. There has been very little trading in produce lines. Onions have declined and are now selling at £5 per ton. A fewlines of potatoes hnva been sold for forward delivery at £i 10s. per ton. Farmers are not at all reconciled to the prevailing low price of 2s. Id. to 2s. 3d. for Garton oats. The crops cut are mostly going into stack. Samples of one or two lines thrashed have been brought in to merchants, but business has been disappointing and there are at present no prospects of an improvement. Business in cocksfoot is also dull. The wheat samples coming to hand are fair, despite the unfavourable climatic conditions of the past few weeks. Tire wheat market is unsettled pending the fixing of guaranteed prices. BRADFORD WOOL MARKET London, February 21. The Bradford'tops market is most quiet. There is practically no business passing on home account. —Aus.-N.Z. Cable Assn. SYDNEY WOOL SALES (Rec. February 22, 8.20 p.m.) Sydney, February 22. At the wool sales there was fairly strong general competition. Best lines wore unchanged', but there was a weakening tendency for mediums, and faulties were 10 per cent, below last sales rates; crossbreds wore irregular, with an easing- trend.—Press Assn. COMMERCIAL ITEMS INVESTMENT SHARES. Yesterday’s Quotations for investment

0 CUSTOMS REVENUE. Customs revenue collected at the port of Wellington yesterday totalled £llB4 12s. sd.

SOUTH BRITISH INSURANCE CO By Telegraph.—Press Association. Auckland. February 22 The South British Insurance Comnany's shareholders have sanctioned the declarntton of a henus of ss. per share, naviible on March 15. the effect being to carftallse a quarter of a million from the reserve and reduce the liability on a share to 5».. on which there has been 15s. naid up. It was agreed to increase the directors’ remnneration from £2900 to £4OOO. AUSTRALIAN FRUIT INDUSTRY. Australian-New Zealand Cable AssociationLondon, February 21. Mr. Percy Hunter. Trade Commissioner, states that he thinks great good would result if the Commonwealth Government insisted on the better selection of fruit for canning, and prohibited the shipment of a.nv fruit not of approved standard, on similar lines to those of exported butter and meat. This was important in the interests of both canners and fruitgrowers. if they desired to secure the British market. FREIGHT ON FRUIT. ■ London, February 21. The Colonial Office, replying to a. request from the Agents-General for a reduction in fruit freights from eight to six shillings per case, states that the shipowners decline. PRICES OF METALS. (Rec. February 23. 1 a.m.) London. February 21. Conner—On snot, £72 7s. 6d. per ton; three months. £7O 12s. 6d. Lead.—On spot. £l9 ss. per ton; three H'spelter.—^n ssnot. 5 snot. £25 10s. ner ton; three los. rtn.—On snot. £l7O 2s. 6d. ner tan; three m pj]ver.—Thies. 33d. per ounce standard. MINING NEWS WELLINGTON SHARE MARKET. The quotations yesterday for mining ohares were as under: Buyers. Sellers. £ s. d. £ s. d. Talisman 9 ~ f 0 5 0 Waiht 17 3 — STOCK EXCHANGE. By Telegraph —Press Association. Auckland. February 22. Sales.—War Loan. 1938. £B7: Bank of New Zealand. 475. 3d. Reported sales.—Txian and Mercantile. £B5: War Loan. 1939. £B7. Dunedin. February 22. Sale.—Westport Coni. 275. 9d. LONDON STOCK EXCHANGE. Australian-New Zenlnnd Cable Association. London, February 21. Broken Hill. Stivers 395. 3d., sellers 405.: North Broken Hill. 245. 3d.; Mount. Elliott, buyers 7s. 6d.. sellers 12s. 6d.: Hampton, Bs.: P. a.nd O. (deferred), buyers £3lO. Hellers £330.

A new wharf recently completed nt Seattle, U.S.A., is 967 ft. wide nnd 2,580 ft. long, onlv lacking 60ft. of lx>ing half a mile. It is the largest commercial wharf in the world.

shares were as follow: — Buyers. £ e. d. Sellers. £ h. d. Inscribed Stock. 1938 86 0 0 87 0 0 Inscribed Stock. 1933 89 17 6 90 2 6 War Bonds. 1938 86 0 0 Bank New Zealand 2 7 0 2 8 0 Union Bank < 12 0 0 12 4 0 Abraham and Williams (ord ) 5 10 0 Abraham and Williams" (pref.) —— 5 8 6 Nan'er Gaa CJS1O paid), r d 12 0 0 Well. Gas (pref.) — 0 17 0 Standard Insurance —- 2 8 0 N.Z. Refrigerating (10s.) — 10 0 Ruddart-Parker (ord.) ... 2 2 0 2 4 0 Kafanoi Woollen ford.) 17 0 •_ Taupir> Coal (ord.) o 17 n Westport Coal 1 7 0 1 8 0 Wa-pa Coal —— 0 14 9 Bevland-O’Brten Timber — 1 16 0 2 19 0 N Z. Paper Mills 1 8 0 Wnirarapa. Pa-rmerB (£5) —— 6 5 0 Wnirarapa Farmers (pref. ) - 10 0 Wilson’s Cement 0 16 8