FARMING & COMMERCIAL

Dominion, Volume 15, Issue 3, 28 September 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALES FORTHC3MINQ FIXTURES. TO-DAY. 270 The Terrace. Wellington, 12.30 p m.— Furniture sale (Bruce and Co.). Waikanae Yards, 1 p.m.—Stock sale. Johnsonville Yards, 2 p.m.—Stock sale. Dominion Avenue. Wellington. 2 p.m —Property and furniture sale (Vine and Wilson). Masterton. 2 p.m.—Land sale (Wairarapa Farmers’). TO-MORROW. 26 Fitzherbert Terrace, Wellington, 10.30 a.m—Furniture sale (Johnston and Co.). Upper Hutt Yards. 1 p.m.—Stock sale 105 Customhouse Quay, Wellington, 2.30 p.m.—Property sale (8. G. Nathan). 195 Lambton Quay. Wellington, 2.30 p m.— Property sale (Harcourt and Co.) FRIDAY. 26 Fitzherbert Terrace, Wellington. 10.30 a.m—Furniture sale (Johnston and Co.). 141 Manners Street. Wellington, 1.30 p.m.— Poultry sjjlo (Wheatley and Co.) BRADFORD WOOL MARKET London, September 26. The tone of the Bradford wool market is good, but prices are unchanged.—Aus.N.Z. Cable Assn. Messrs. Dalgety and Company, Limited, report; having receiv«d the following cablegram from their London house, under date September 23:— "Butter.—Market very dull, but prices are much about the same as last week’s advice. "Cheese.—Market very weak. New Zealand coloured, 90s. to 100 s.; white, 102 s. to 1065.; these quotations are nominal. There are sellers of Canadian, September make, at from 935. to 965., c.i.f.” WHOLESALE? PRODUCE PRICES Messrs. Laery and Co., Ltd., Wellington, report wholesale' prices as follow:— Ground barley, ss. per bushel, sacks in? Chevalier, ss. per bushel, sacks in; Cape barley, is. Ba. per bushel, sacks in; peas, ■ feed, 6s. Bd. per bushel, sacks tin; ofites, seed Algerians, farmers, dressed, 4s. 3d. per bushel, sacks in; machinedressed, ss. Id. per bushel, sacks in; feed Algerians, 4s. per bushel, sticks in; oats, weetoats, for poultry feed, ss. per bushel, sacks in; shelled oats, for chickens, Sis'. 3d. and 6s. 9d. per bushel, sacks in; oats, heavy Duns, choice, 4s. Gd. to 4s. lOd. per bushel, sacks in; feed Gartons, 4s. sd. per bushel, sacks in} B totons* 1 ,--4s. 6d. per bushel, sacks in; crushed oats, 4s. lOd. per bushel, sacks In; A Gartons, 4i>. Bd. per bushel, sacks in; rolled oats, for chickens, 225. 6d. per 1001 b.; hay, choice meadow, .£8 10s. per ton; lucerne hay, .£8 per , ton; chaff, oaten sheaf, Blenheim, prime 'ton lots, £1 15s. per tqn, sacks in,' free on trucks, Wellington, lesser quantities ss. per ton extra; ricemeal, .£lO per ton, meat meal, for poultry feed, 19s. 6d. per 1001 b. bag; peameal, ion lots, 10s. per ton, sacks in; barley meal, ton lots, -011 10s. per ton, sacks in; pigmeal, .£lO ton; shell grit, choice quality, in 1001 b. bags, 6s. 6d. per bag; fowl wheat, ten-sack lots, whole 9s. 2d., lesser quantities 9s. 3d. per bushel, sacks Is. Bd.; mixed fowl feed, 7s. per bushel,- sacks in; poultry mash. .£l2 ss. per ton; linseed oil meal and linseed oil nuts 14s. 3d. per 1001 b. bags; fowls: liens Bs. Gd. to Us. Gd. per pair; heavy roosters, 9s. to 12s. per pair; ducks, 12s. to 14s. per pair; geese, 12s. to 13s. per pair; turkeys, Is. Gd. to Is. 7d. per lb.; eggs, fresh crates, Is. I6d. to Is. 7<l. per dozen; chicken raiser, 225. Cd. per 1001 b; straw chaff£l 10s. per ton, sacks in: mutton birds, Tasmanian, in casks, 7Jd. each, New Zealand, in kits, cooked, 10<l. each: maize, whole 7h. Id. per bushel, crushed 7s. 7d. per bushel, sacks in;, onions, Victorian, choice brown Spanish, £8 10s. per ton, sacks in; potatoes: Canterbury grown, table, ton lots—Whites £5 ss. per ton, Bed Dakotas £5 10s. per ton, sacks in, lesser quantities 10s. per ton extra; molasses, in casks, each about 5 cwt., 445. per cask; seed potatoes, Canterbury grown: Arran Chief. Dp-to-Dates, Gamekeepers, Northern Stars, Scotias, all nt 6s. per sack. I LIVE STOCK SALES Messrs. Levin and Co report:—At Rongotea on Wednesday wo had a fair entry, which consisted chiefly of dairy heifers close to profit. There was. a good inquiry; however, vendors had to lower their reserves considerably before business could be done. At Feildlng, on Friday, a small yarding of both sheep and cattle came forward. Fat sheep were in short supply, and prices all round showed an advance of from Is. 6d. to 2s per head. Hoggets were in good demand, and advanced fully Is. per head on last week’s rates. There was a good entry of dairy stock, which met with fair competition, though prices all round were slightly easier than recent sales. Fat cattle met with good competition, and fully maintained last week’s rates. Store cattle were dull of sale, and prices low. Quotations: At Rongotoa: Store pigs, 325, 365.; Jersey cross spring (heifers, .£l4, £ls, i £t6 10a.; heifers, with calves. £3, £4; empty store cows, 155.; light, fat cows, £4 7s. 6d.; small heifers, in milk, £5, £6; yearling Jersey bull. £lO At Feildlng: Light fat 4-tooth wethers, 15s. 6d.; light fat ewes, 13s. 2d., 12s. Id.;' good fat ewes and wethers, 17s. Id.; crime fa.t ewes, 17s 3d.; fat hoggets (good), 15s. 10d„ 145., 12s ; small store b.f. hoggets, .fls. 10d: to 9s. 6d.; mixed sex w.f. hoggets (medium), 9s Id.. 6s. 7d.; mixed aged ewes, r.w. S.D. rams, 10s. 5d ; aged low-conditioncd ewes, with b.f. lambs at foot, 9s. 6d.; 3-year SH. cross springing heifer’s (good), £l5, £l6 10s.; 2-year springing Jersey heifers, £l4; others, £6 10s to £8 155.; fat P.A. heifers. £7; fat P.A. cows. £6 7s 6d.; fat S.H. cows, £6 165.; yearling steers. 13s. to 255.; low-conditioned yearling heifers, £2 55.; empty store cow’, 28s, 355.; 3-year Jersey bulls, £lO 10s. to £l5; 3-year S.H. bulls, 355. Messrs. Nhwton King, Ltd, report:—At TTrenui, on September 19, a good yarding of, cattle was submitted to steady inquiry throughout Store cattle sold at late levels. In the dairy section the general tone was considerably brighter than has been the case at late sales in these yards, the whole yarding of both heifers and cows being cleared at the hammer, fttore cows. 205.. 31b., 385.; fat do., JC4 155., .£6 45.; fat heifers, £5 15b.; fat steers, £7 55.; yearling steers, £1 Is.; 3-year do., £3 Is ; yearling heifers. £2, £3 16’.; empty do., £5; springing heifers. £B, £10; medium Quality do., £l3. £l4 IDs., £l5 10b.; choice do., £l6, £l7 10s., £18; springing cows, £9. £l2 10s.. £l4; Jersey do., £l6 10s. £18.10s„ £22; Jersey bull, £l2 At Stratford, on September 20 with the exception of a few pens of good quality yearling Jerseys, rates on the whole were on a par with those ruling at late sales. In the dairy section there was, good inquiry, especially for stock of goqd quality and close to profit. Store cows, aged and inferior, 10s„ 155.; better sorts, £1 17s. 6d„ £2 12s. 6d„ £3; light fat do., £4 155.. £5 Bs.. £5 15s ; yearling heifers. £2 155.. £3 Is ; better quality do., £4 145.. £5 55.; Jersey do., £5 7s. 6d.; fat biillocks, £7; springing heifers, backward, £7, £B. £8 ICs.; more forward do., £lO 10s„ £l2. £l5; Jersey do, £lB 10b., £2O 10b.; heifere, calved. £7 10s., £9; better classes. £l2 10s. £l4 10s., £l5; springing cows, £lO 10s.. £l2, £l3; choicer quality do.. £l5 to £2O. At Inglewood, on September 21. there was a good entry of both sheep and dairy cattle. The formec class mot with a quieter demand, but most of the offering sold. Good yearling and 2-yoar empty heifers changed little in values. The dairy pens were well filled, and the sale a keenly contested one throughout Prices vyere on a par with late rat- Mixed sex hoggets, 5s 3d.; yearling steers, 10s.; yearling heifers, £2 10s., £3 Is.. £4; empty do, £5 2s £5 175.; in-calf heifers. £6 155.; store cows 10s„ 165., 235.; fresher’Conditioned do., 355.. £2; springing heifers, £7, £8 10s„ £lO 10s.; medium quality do, £l3 10s £l5; choice classes. £l6 10 s., £l7, £l9** heifers in profit. £8 up to £l6; dairy cows. £7 10s., £9 10s„ £l2; quality do., £lB 10s.. £2O. At Rahotu. on September 22. we report a. good yarding of both store and dairy cattle, and quote as follows:—Store cows 17s. 6d., 305.; forward do. £3, £5; yearling heifers, small and poor duality. 295. 365.: better sorts. £2 45., £3': Jersey do.. £7 10s ; empty heifera £4 10s.; in-calf heifers. £6: springing heifers, £7 165.. £9. to £l5; heifers, , calved £0 155.. £9: springing cows. £9, £l2 15«.; cows in profit £l6 'Messrs. Abraham and Williams. Ltd., report:—A small yarding of both sheep and cattle came forward at Feildlng Salo on September 23. Both store and fa.t, shoep showed a slight rise, and dairy stock e’ nsszl sold well. The demand for

store cattle was lifeless. We quote:— Sheep: Light fat wethers, 15s. 9d.; ewe hoggets, Ils. Id ; wether hoggets, 10s. 4d. Cattle: Dairy cows, £B, £lO £l2, £l5, £lB, £l9 10s.. £22 10s., to £24; springing heifers, £8 5s to £l5 10s.; yearling Jersey heifers, small. £3 10s. to £3 Ils.; Shorthorn heifers. 255.; 2-year steers, £2 55.; fat cows, to £5 10s.; pedigree Jersey bull, 18igus. COMMERCIAL ITEMS INVESTMENT SHARES. A sale of 44 per cent. Inscribed Stock, duo 1938, at £B3 15e.. was reported yesterday. The quotations were as follow:—

QUOTATIONS. , By Telegraph —Press Association. Auckland, September 27. Stock Exchange Quotations are as follow :— Banks: National, sellers £5 15s, buyers £5 125.; Now South Wales, buyers 34s ,15s ; New Zealand, sellers 505., buyers 495. 9d.; Union, sellers £l2 10s„ buyers £l2 7s. Insurance: Now Zealand, sellers 295. 3d., buyers 295.; South British, sellers 365.. buyers 355. 6d New Zealand River Plate, sellers 19s, 'buyers 17b. Loan and Mercantile, sellers £B4, buyers £BO 10s.; pref., buyers £55. Tanpiri Coal, sellers 17s. 9d., buyers 17s.'3d. Huddart Parker, sellers 425.. buyers 415.; p and O . sellers £376, buyers £371. Kauri Timber, sellers 265, buyers 245. 6d.; Burns, Philp, sellers 20s. 6d„ buyers 175.: Newton King (pref.), sellers 195.; New Zealand Drug, buyers 655.; Paper Mills, sellers 235. 6d., buyers 255.; Wilson s Cement. sellers 15s 6d.. buyers 15s. i Waihi. sellers 225, buyers 21s. 9d.; Grind Junction, sellers Bs. 6d„ buyers Bs. 3di War Loan (1930), buyers £B7 155.; War Loan (1938), buyers £B3 155.; War Ldan (1939) buyers £B3 12s. 6d.; Soldiers Bonds sellers £92, buyers £9l 15a.; Inscribed Stock, sellers £B3 155.; buyers £B3 ■ 10s ; Soldiers' Inscribed Stock, sellers £9l 17s. 6d., buyers £9l 15s CUSTOMS REVENUE. Customs revenue collected at the port of Wellington yesterday totalled £BOB6 12s. Bd. BRISBANE LOAN. Australian-New Zealand Cable Association. ' London, September 24. Tho underwriters of tho Brisbane loan received 75 per cent. City opinion is that this poor result is due to prejudice against Queensland. ' EXCHANGE RATES. Australian-New Zealand Cable Association. London, September 26 Foreign exchange rates are quoted as follow:—Paris, 61.47 francs to £1; New York. 3.69 dollars; Montreal. 4,15 dollars; Stockholm, 17 kroner; Christiania. 28 45 kroner; Copenhagen. 21 kroner; Germany. 4 2B marks; Calcutta. 17? d to rupee; HongKons. 34<1. to dollar; Yokohama. 31d. to yen. ; PRICES OF METALS. Australian-New Zealand Cable Association. (Rec. September 28, 0.5 a.m.) London, September 26.. Copper .-On spot. £6B Is. 3d. per ton; forward delivery,, £6B 16s. 3d Lead.—On spot-, £23 6s. per ton; forward delivery, £23. Spelter.—On spot. £25 12s. 6d. per ton; forward delivery. £26 2s. 6d. Tin -On spot. £157 12s. 6d. per ton; forward delivery, £159 17s 6d. Silver—Bars,. 41Jd. per ounce standard

' MINING NEWS WELLINGTON SHARE MARKET. The quotations recorded yesterday for mining shares were as under:— Buyers. Sellers. . £ s. d. £ s d. Blackwater — — ? o ? Waihi 1 1‘ 126 STOCK EXCHANGE. By Telegraph.—Prass Association. Auckland, September 27. Sales.—National Bank. £5 12s. 6d.; Auckland Gas. 265.; Waihi. 225.; War Loan (1938), £B4; Inscribed Stock, £B4. ; Dunedin, September 27 Bank of New ’Zealand, sale, 50s. LONDON STOCK EXCHANGE. Australian-New Zealand Cable Association. London, September 26. Hampden. 65.; Breiseis Tm, 2s. Id ; Waihi. buyers £1 Is. 3d., sellers £1 3s 9d.; P and O. (deferred), buyers £367, sellers £377.

Buyers. Sellers. £ s. d. £ 8 d. Inscribed Stock, 1939 83 10 0 83 15 0 Inscribed Stock. 1938 83 12 6 — Inscribed Stock. 1933 91 7 6 War Bonds, 1938 83 12 6 — War Bonds. 1930 87 10 0 — War Bonds. 1933 91 10 0 ' — (5, p.c Bonds, 1927 91 0 0 91 10 0 Inscribed —- 91 10 0 Bank Australasia — 90 10 0 National Bank 5 9 6 5 11 0 Bank New South Wales ■ 35 0 0 Bank New Zealand 2 9 6 — Union Bank 12 8 6 12-12 0 Goldsbrough Mort 1 12 6 — River Plate —— 0 18 0 Well. Investment '■ — 0 10 0 S B. Insurance —• 1 16 3 Well. Meat Export (£3 '12s. 6d ) ........................... —— 3 4 0 ITuddart-Parker (ord.) ... — 2 2 0 Well. Woollen (pref.) (£4 5s.) ..( — 7 12' 6 Waipa Coal — 0 15 0 Leyland-O’Brien Timber 1 10 0 1 12 0 Dental ‘Supplies — 1 7 0 Wairarapa- Farmers — . 5 3 0 Wairarapa Farmers (pref 1 . 57 , 0 17 0i Whitcombs and Tombs... 2 14 6 — AUCKLAND STOCK EXCHANGE