FARMING & COMMERCIAL

Dominion, Volume 14, Issue 152, 23 March 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALES FORTHCOMING FIXTURES. TO-DAY. 157 Lambton Ounv. Wellington. 10.30 a.m.— Furniture pale <E. Johnaton and Co.). 131 Manners Street. Wellington. 10.30 a.m. —Sale of leather and fancy eoodn (Price and Co.). . , Waiwetu Road. Lower <utt, 1 mm.—Bale of dairy herd (H. E. Leighton). 17 Waterloo Avenue. Newtown. 1.30 p.m.— Furniture sale (liodckina. Carver). 100 Dixon street. Wellington. 2 p.m.—Furniture sale (Wheatley and Co.). 105 Customhouse Quay, Wellington, 2.30 p m.—Property sales (S. G. Nathan and Co.). TO-MORROW. Courtenay Place. Wellington. 10.30 a.m. Boot bale (Price and Co.). The Parade. Lvall Bay. 11 a.m.—Sale of confectionery (Hodgkins. Carver). Town Hall. Greytown—Land sale (Perry and Co.), , . „ Laurel Hall. Taita. 12 30 p.m.-Sale of furniture and farm implements (Bethune and Co).. SYDNEY SHOW SUCCESS OF NEW ZEALAND-BRED FRIESTANS. Sydney, March 22. The attendance at the Agricultural Show was 7000, against 5000 in 1920. A feature of the Friesian awards was the success of Eric Lloyd-Jones with New Zealand-bred animals, ns follow-.—Bull, four years and over, first, Cordyline Colantha Hero; bull cnlf, six months or under twelve, second, Netherland Prince of Lydholme; cow, three years or over, in milk, third, Woodcrest Domino Queen; cow, three years or over, with calf, dry, first, Woodcrest Johanna Tehee (imported from America); third, Woodcrest Netherland Queen; cow, two years or under three, second, Monavale Butterfly Paxton; heifer, one year and under two. first and second. Woodcrest Netherland Empress and .Westmere Agnes Ren; three cows, two years or over, second. Mr. Llovd-Jonee won the prize for champion bull, with Cordyline Colnntha Hero, and champion cow, with Woodcrest Johanna Tehee. Professor Henry Wing, of the New York State College of Agriculture, who acted as judge, in a general eulogy of the Friesians, stated that they were the most popular in the United States and Canada. His own view was that they were unouest.ionably the best milk producers. He considered the champion bull a fine tme.—Press Assn. (Rec. March 22, 11 p.m.) Sydney, March 22. The quality of the exhibits in all sections at the show has greaiAy improved on that of previous years. There are record entries, reflecting the splendid season in all parts of the State In the thoroughbred stallion section Gigandra was awarded first and champion.-Press Assn, NORTHERN MARKETS A COMPREHENSIVE REVIEW. The Farmers’ Co-op. Auctioneering Co., Hamilton, report:— Beef—As far as beef is concerned operations in the freezing industry have ceased, and many farmers are being tempted to risk consignment on. thenown account. It seems reasonable, however, to argue that if the prevailing conditions are -such as to prompt cessation on the part of the combinations, the venture must indeed be a doubtful one for individuals. In some of our yards competition has been fairly brisk, ox beef making up to £2, cow beef to 30s. Mutton.—The same remarks apply to mutton as to beef. Vendors aro occasionally lucky enough to catch a short market, and in such < instances good fio-ures aro obtained. As a rule, however, competition is dull, though values have not by any means descended to the level of recent freezing quotations. Lamb. —The price obtainable for lamb has been very disappointing, and few of the irape crops will prove profitable. Many vendors have netted less than cost in the disnosal. Store Cattle.—The dry weather has very much accentuated the general decline, and cattle are at a lower ebb than has been reached in Waikato for many years. There seems a general disinclination to realise, and admit the probability of stock values running on more modern lines for some time to come. This has resulted naturally in small yardings. That holders of stock are faced with a loss seems certain, but what appears to them a misfortune as vendors, must operate in a similar degree to their advantage when restocking. There is nothing to indicate improvement in the near future, and those who anticipate having to dispose of their stock within the next few months, should consider the advisability of doing so now. Many to-day would be delighted to accept the offers they refused a few weeks ago. Store Sheep.—All classes without exception are hard to dispose of, and there is evidence of a still lower tone. ' The yardings have been fair, composed mostly of aged owes and lambs. , pigs.—The hopes that were entertained regarding improvement in the pig market have not been well founded, aS values have again declined. Horses.—Good draught animals are in moderate demand. Inferior sorts are dull of sale. / , We quote as follows:—Bullocks, heavy, prime. «£ll to £l4 10s.; medium, J?i) 10s. to £11; cows, heavy, fat, £8 10<=. to £9 12s. Gd.; medium; £4 10s. to £G 10s.; bullocks. 31-year-old, .£7 to .£8; cows, freshconditioned. .£2 10’. to £1 10s.: stores, ,£1 to £2; steers. 2}-year-old. .£4 10s. to j)5 10s.; do. medium, £3 10s. to .£•!•; yearlings, £2 15s. to .£3 10s.; heifers, yearling’, 413 to .£3 10s.: do., 21-year, r.w.b., /EG to £3 10s.; do.. 18-month, r.w.b., =£4 ss. to .£5 155.; dairy cows, best, at profit, .£8 to .£lO 15’.: do., second Quality. £5 to. £7 10s.: wethers, prime, 19’. to 245.; medium, 17s. to 195.; ewes, prime. 17s. to 245. Gd.: wethers, stores, 4-toolh, IGs. to 18s. G<l.; do., fltooth, 12s. Gd. to 15’.; breeding ewes, 2, 4. and G-tooth, 14s. to 1G».: do., 4 and 5-year. 19s. Gd. to 15’. 6d,.: do., sm., ss. to Bs. Gd.; ewes, culls. 2s. Gd. to f«.; lambs, shorn. hO’t. 9s. to 11.?.; do., do., medium, Gs. Gd. to Bs.; do., do., small. 2-s. Gd. to 55.; nigs, hnconeiv. .£3 to .£3 15’: porkern, .£1 10s. to ,£2 5’.; slips.'lss. to £1 55.: weaners. 5* to 12«. Gd.: horses, heavy draughts. JMO fo .£55: medium do.. .£3O to ,£35; light do.. ,£?0 to .£25; harness. -£IG to .£l7; hacks, .£5 to .£ll.

CANTERBURY GRAIN MARKET

BUSINESS STAGNANT. By Telegraph.—Press Association. Christchurch, March 22. A local grain merchant) with over 40 years’ experience of the trade in Canterbury says that ho has never known business so stagnant as at present. No matter how depressed matters have 'been in the past at various times, he says, something was doing. To-day, however, such is not tho case. Merchants are not doing business speculatively, and their offers, if tiny, ano such that farmers are not disposed to consider them. This summing-up applies fairly generally. Oats have furtSier weakened. *nv business from the north seems to be going to Southland, where farmers are accepting from Is. 6d. to Is- 7d. at country stations for A grade Gartons. Tliis low price has nathirally affected •perationa here. Potatoes are worth £i per ton at country stations for Immediate delivery and about Ids. less for

April-May delivery. Onions are lower and for all classes of seeds there is a general lack of demand.

PRODUCERS/IO CONFER

MARKETS FOR WOOL, MEAT, AND OTHER PRODUCE.

By Telegraph.—Special Correspondent Masterton, March 22.

The Wairarapa Farmers’ Union has received the following letter ficm Sir James Wilson, president of the Board of Agriculture:—“ln view of the present position regarding markets for uooi, meat, and other produce, and particularly the bearing upon this of the realisations of accumulated wool stocks and freight rates for meat, the authorities, after consultation with the I’roducers’ Committee and the Board of Agriculture, consider it desirable that a representative meeting of producers be called at an early date. The board is therefore convening a meeting of representatives of producing interests to discuss the best course to be adopted to meet the position and invites your union, to a:range to send one delegate to the meeting, which will lie held in the conference hall of the Dominion Farmers’ Institute, Wellington. nt 10 a.m. on Thursday. March 31. This delegate to act as. represpntative of oil fanners* iii Hons in your district. The A. and P. rssociations are also invited to send twelve delegates and the Sheep Owners’ Federation twelve.” * COMMERCIAL ITEMS INVESTMENT SHARES.

CUSTOMS REVENUE. Customs revenue collected at the nort of Wellington yesterday totalled £6474 9s. 6d. PRICES OF METALS. Australian-New Zealand Cable Association. (Rec. March 25. 0.55 a.m.) London, March 21. Conner.—On snot. £67 17s. 6d. rer ton; throe months. £66 17s. 6d. Lead—On snot. £l9 per ton: three months, £l9 sa. flndter.— On snot. £25 per ton: three months, £26. Tin.—On snot. £156 5». per ton: three months, £169 15s. Silver.—Bare. 352 d. ner ounce standard. MINING NEWS WELLINGTON SHARE MARKET. The quotations yesterday for mining shares were as under:— Buyers. Sellers. £ s. d. £ s. d. Blockwater Mines — 0 R 3 Waihi - 17 0 Waihi Grand Junction ~ — 0 8 6 STOCK EXCHANGE. By Telegraph.—Press Association. Auckland, March 22. Bales Aoported: Bank of New Zealand, 42b. 3d.; Now Zealand Inmirance. 245. 6d.; Soldiers’ Loan. £BB 10a.

No sales were reported on ’Chanee yesterday. Quotations were a» follow: Buyers. Sellers. £ fl. d. £ b. ' d. Inscribed Stock. 1939 80 0 0 — Inscribed Stock. 1938 ...... 80 ID 0 « ~ Inscribed Stock. 1933 88 2 6 War Bonds. 1939 80 0 0 War Bonds. 1938 80 10 0 War Bonds. 1930 — - 90 0 0 War Bonds. 1933 88 0 0 - — P.O. Bonds. 1927 87 10 0 — P.O. Inscribed fitock, 1927 87 10 0 — National Bank —— 5 12 0 Bank N.Z 2 2 9 2 3 0 Abraham and Williams (ord.) —- 5 5 0 Abraham and Williams (nref.) —• 5 0 0 Ecinjtable Building — 9 10 0 N.Z. and River Plate ... 0 18 0 Well. Trust and Loan ... 5 18 0 N.Z. Insurance —— 1 5 6 National Insurance —— 2 16 0 N.Z. Refriaeratinc (10s.) 0 14 0 — Huddart-Parker (ord.). 1 19 6 2 1 0 Kaiavoi Woollen 1 6 6 Well. Woollen (nref.) .... — 8 2 6 Weptnort Goal — 1 7 6 LevTand-O’Brlen Timber 1 11 0 C. M. Banks (ord.) — 1 6 0 Newton Nine (nref.) —— 0 18 0 Shetland and Co —— 1 6 6