FARMING & COMMERCIAL

Dominion, Volume 14, Issue 227, 20 June 1921, Page 8

FARMING & COMMERCIAL

AUCTION SALES I FORTHCOMING FIXTURES. TO-DAY. . 137 Hamilton Quav. Wellington. 10 a.m.— Salo of meat (Hodgkins. Oarver). Main°Road, Koputaroa. 12.30 p.m.—Sale of stock and sundries (Abraham and Williams). „ „ . 27 Harris Street, Wellington. 1 of contents of motor business (Hodgkins, Carver). . ... 157 Lambton Quay. Wellington 1.30 p.m. --Salo of unclaimed goods (Johnston and Co.). TO-MORROW. Show Grounds. Carterton. 11.30 a.m.—Sale of Jersey cattle (Wright. Stephenson). Levin Yards, 12 noon—Stock sale. 223 Wellington Terrace, 12 noon—Furniture sale (Johnston and Co.). Dominion Avenue. Wellington. 1 p.m. Sale of unclaimed goods (Vine and Wilson). WEDNESDAY. Grev Street. Palmerston North. 9.30 a.m.— Sale of pedigree Jersey (Abraham and Palmerston North. 9.30 a. hl —Salo of Friesian cattle (Dalgety and Mungaroa. 1 p.m—Sale of farm implements (H. Leighton). . , Pate..-’., t p.m.—(Salo of contractor s plant (Morrissey and Co.). Palmerston North. 1.30 p.m.—Sale of pedi-n-ree Jersey cuttle /Levin and Co.). Johnsonville Yards, 2 p.m.-Stock sale. FIREBLIGHT THE FRUITGROWERS’ DEMANDS A DEPUTATION TO THE MINISTER Representatives of the Fruitgrowers Conference met the Minister of Agriculture (Hon. W. Nosworthy) on Saturday morning, and placed before him the decisions of the conference with reference to fireblight. They were introduced Uy Ur. 11. Atmore, M.P. The speakers urged the seriousness of 'he danger that confronted the fruit, industry. The legislation that had been passed by Parliament last year was of some assistance to the industry, but more was required if fruitgrowers were to receive the protection that they required. The continued spread of fireblight '.would threaten the industry with extinction. . The Minister said that.he recognised the importance of the matter. The Agricultural Department had given a great, deal of attention to fireblight, and he recognised ihat the total eradication of hawthorn was necessary if the disease was to be destroyed. But n step of Ulis kind was not easy. He would place the representations of the fruitgrowers before Cabinet, and he could assure the deputation that he and his Department • would do whatever was. possible to protect the fruit-growing industry.

FROZEN MEAT

LONDON MARKET RATES

Messrs. Dalgety and Company, Limited report having received the following cablegram from their Txmdoii house, under date June 17:— Frozen Meat-Market very quiet. Prices for Government stocks reduced to: Lamb. Is. per lb.; cut lamb, Kid. wethers, Bd.; ewes, s’d.; heavy-weight wethers. 6VL; heavy-weight ewes, 4Jd. We quote: Prime New Zealand lamb, Is. 2d.: wethers, Sid.; ewes. 6d. to Gid. Lamb and Mutton.—Market weak. —Any change in prices are in favour of sellers. AUSTRALIAN ONIONS By Telegraph—Press Association. Christchurch, June 19. The Minister of Agriculture lias informed the Farmers’ Union that ho will have immediate inquiries made to ascertain whether a disease' is prevalent, in the Australian onion-growing districts. He has promised, if circumstances warrant it, to prohibit the importation of Australian onions. LONDON WOOL SALE (Rec. June 19, 5.5 p.m.) London, June 17. At the wool sale there was an average selection. Merinos And fine Continental sorts were firm, Yorkshire combing sorts slightly easier, fine crossbreds unchanged," and medium to low easier— Aus.-N.Z. Cable Assn. DATES OF MELBOURNE SALES. Melbourne, June 18. The following dates for wool sales have been fixed by the Wool Brokers’ Association—Melbourne, July 4,5, 11, 12, 13, and 14; Geelong. July 6 and 7; Adelaide, July 22.’ The Sydney dates are not decided.— Press Assn. CAMBRIDGE DAIRY COMPANY By Telegraph—Press Association. Cambridge, June 19. Exceptional interest was taken in an extraordinary election of directors of ths Cambridge Cooperative Dairy Company; caused by the resignation of the whole body of directors. The election, held yesterday. resulted in the return of Messrs. F. Lye, Wilfred Harbutt, M. Wells. E. H. Anderson, E. Allen, T. Robinson, and J W. Garland. Tho unsuccessful 'candidates] wire:—Messrs. W. G. Care, R Newcombe, 11. W. Giles. J. Hooker, R. E. Swayne, R. Fisher, and J. T. Entwistle. Pour of the old directors were re-olocted and three defeated

COMMERCIAL ITEMS INVESTMENT SHARES. A sale of Gear Moat shares at 325. 6d. was made on 'Change on ’Saturday, and a sale of Inscribed Stock (1938) at £B3 was reported. The quotations were as

EXCHANGE HATES. Australian-New Zealand Cable Association. London, June 16. Foreign rates of exchange on London are quoted as follows Paris, 46.11 francs to £1: Stockholm. 16.90 kroner; Christiania. 26 27 kroner; Berlin. 263 marks- Montreal. <1.26 dollars; New York. 3.281 dollars (?); Calcutta. 15Jd. to rupee: Hong-Kong, 30jd. to dollar: Yokohama. JHld. to ven. |An error apnear* to have been made in transmitting the New York rate, the previous quotation being 3.791 dollars to £l.l PRICES OF METALS. London, June 16. Copper.—On spot. £72 13s. 9d. .per ton; forward delivery, £72 18s. 9d. Load.—On spot, £22 ss. per ton; forward delivery, £22. Spelter. On rn<’t. £26 15s. per ton; for-wi'-d do’lverv. £27 IDs Tin.—On spot. £l7O 7s. 6d. per ton: forward delivery. £172 17s. 6d. Silver barb. 34gd. per ounce standard.

NEWS AND NOTES

NATIONAL MORTGAGE AND AGENCT CO.’S DIVIDEND. (Rec. June 19, 5.5 p.m.) London. June 17. The National Mortgage and Agency Company of Now Zealand has declared a. dividend of 7i per cent, free of income tux.

LONDON MARKET REPORTS. (Rec. June 19. 11.35 p.m.) London. June 18. Cotton.—The Liverpool Quotation for American middling upland cotton. July delivery, is 7.81 d. per lb. Rubber.—Fine bard Para. lid. per lb.; plantation first latex crepe. SSd.: smoked ribbed sheet. 73d. Jute.— June-July shipment. £25 10s. per ton. Hemp— June-August shipment. £3B per ton. Copra.—June-August shipment. £27 IDs. per ton. , J Linseed Oil— £55 per ton. equal to 2s Hid. per gallon. Turpentine—Bla. per cwt., eaual to 6s Ha. per gallon. MINING NEWS WELLINGTON SHARE MARKET. The quotations for mining shares on Saturday were as under:— Buyers. Sellers. £ s. d. £ s. <1 Blackwater Mines — 0 8 0 Talisman — 0 6 2 Waihi 1 11 0 Waihi Grand Junction ... 010 6 0 11 6 STOCK EXCHANGE. By Telegraph—Press Association. Dunedin, June 18. Sales.—Mount Lyall, 13s. 8d„; HuddartParker, 425. 3d. and 425. 6d. TALISMAN SHARES. Australian-New Zealand Cable Association. (Rec. June 19, 5.5 p.m.)* London, June 17. Talisman shares, buyers 6a. 3<L. sellers 6s. 4d.

follow Buyers. £ s. d. Sellers. £ a. d. Inscribed Stock (1939) 82 10 0 — Inscribed Stock (1930) 82 15 0 —— Inscribed Stock (1933) 91 5 0 91 10 0 War Bonds (1939) 82 10 0 —r War Bonds <1938> 82 15 0 — Bank Australasia (old) 79 0 0 — Bank Australasia (new) —• 80 0 0 National Bank —- 5 15 0 Bank NS. Wales 31 0 0 31 15 0 Bank New Zealand ?. 5 0 2 5 6 Union Bank 12 5 0 12 10 0 Well. Ons (£10) — 10 0 0 National Insurance 2 14 6 — N.Z. Refrigerating (£1) N.Z. Refrigerating (10s.) 1 10 0 —-- 0 17 0 — . Gear Meat 1 12 3 1 12 9 Tluddart-Parker (ord.) ... 2 1 6 — Westport Coal 1 6 0 — Waipa Coal 0 13 6 -— Leyland-O’Brien Timber Colonial Sugar (Fiji and 17 0 N.Z.) j9 10 0 —