FARM & COMMERCIAL

Dominion, Volume 20, Issue 46, 18 November 1926, Page 14

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. 155 a Cuba Street, 2 p.in.—Sale of crockery, glassware, etc. R- Wilson). Dominion Farmers’ Institute, 2.30 p.m —Sale of properties (H. Baker, Ltd.) Otnki—Stock sale 8 Willeston Street. 10.30 a.m. (2 days).— Sale of China, crystal, and art brassware (E. Johnston and Co.). tipper Hutt. B.C. Offices, 2.30 p.m.— Safe of land (Harcourt, and Co.). TO-MORROW. Feilding, 11.30 a.tn.—Cattle fair. SATURDAY Waterloo Road. Lower Hutt, 2.30 p.m.— Sale of residence (H. E. Leighton) FARMING INTERESTS AUSTRALIAN CROPS PROSPECTS FOR GRAIN HARVEST Melbourne, November 17. The Commonwealth Moteoi ologist, in a review of the prospects for the grain harvest, says that the total yield in Queensland wil] not exceed 500,000 bushels of grain. Good seed supplies are assured for next year. The outlook in South Australia hasbeen improved by good rains. Victorian crops generally are looking well, and good returns are anticipated In West Australia, good rains have maintained, the early promise of an excellent vield. and crops should be a record in many districts. In New South Wales good yields from early-sown crops are practically assured, but late crops are backward, thin, and weedy, and require good rains and coo., wwther for satisfactory returns. DAIRY FACTORY WORKERS CLAIM FOR AN AWARD. BY TEUEGBAPH. — PRESS ASSOCIATION Pahiatua, November 17. The local dairy companies have had ; forwarded to them copies of claims spg--gested by the Wellington Cren neries, Cheese and Butter Factories Employees’ Union for the purpose of an sward covering the Wellington industrial cistrict. A reply is sought by the local secretary of the' union by November 20 whether ’the. companies'.are prepared to meet the union in-conference for the purpose of ■ malting ain agreement tn the lines indicated •’ in the claims, which cover all .the operations of dairy factories. WESTFIELD STOCK SALE Messrs, bulgcty and 00., Ltd., report . bavins held their weekly sale of fat stock at- Westfield, Auckland, on Monday, ‘as under:—. .... : . Beet.—There was a good yarding, -prices again being easier. Heavy-cattle were very dull of sale A <peu of extra prime Polled Aneus. bullocks, on account of Mr. Imins, Oteaihau, topped the market at £l5 17s. 6d. Extra choice ox cold to 335. per 1001 b ; choice and prime. 30s. to 395.; just killable, 275. to 295.; prime young cow and heifer beef, 265. to 305.; just killable. to 255. .sljeep.—There . was a t-mall yarding, values being very firm at late quotaNd extra heavy prime wethers were ’penned. Heavy prime shorn, 2t>s. 6d.; medium, £1 3s. td. to £1 4s. 6d.; light arid, unfinished,- 19s. to 225.; heavy nrjme ewes.” £1 os. 6d. to £1 25.; lighter, ■l7s. to £1; Other ewes. 14s. to 16s. Calves.—A small yarding sold at advanced prices.- : Runners made £4 10s. to £5 55.; heavy vealers, £3 14s. to £4 75.; rx;diuni, £2 18s‘.’’ to <£3 Bs.; light, £1 15 s. to £2 125.; rough. £1 to £1 10s.; freshdropped, 3s. to 14s. Pigs.—An average yarding, prices being on a oar with last week. Choppers made £2 10s. to £4: heavy- baconers, £3 19s. to £4 35.; medium baconers, £3 12s. to £3 18s.; light baconers. £3,75. to £3 Ils.; heavy porkers. £3 3s. to, £3 55.: medium porkers. £2 12s. to £3; light porkers, £2 7s. to £2 Us-

BURNSIDE SALE SLIGHT CHANGES. BY Telegraph.—Press association Dunedin, November 17. At Burnside to-day sheep advanced while lambs cheapened. Bacon pigs were down a little. Other lines were scarcely changed. Sheen.—An entry of 2086. A good sale, there being some . utside compstition. Shorn wethers rose by from 2s. to 2s. 6d. per head rnd woolly sheep by from Is. 6d. to 2s. Cd. The quality of the medium sized yarding was good all round. Good woolly ewes sold very readily. Prices: Extra heavy prime shorn wethers to 375. fid., prime heavy 31s. to 355., medium weight prime 2Ss. to 32s , lighter 255. 6d. to 275. Gd.; extra prime heavy woolly wethers to 48s. fid., prime heavy 425. to 455., good medium ■3Bs. to 415,, lighter sorts 335. to 355. fid.; extra heavy prime woolly ewes to 395. 3d.) prime heavy 345. to 37b., medium 325. to 345.. light and inferior 255. to 295.; best shorn ewes to about 325., prime . 265. to 285.. medium and light 225. to 255. 6(1.; extra heavy wethers in the wool up to 6Jd. per lb., shorn wethers Lid. to sd. shorn ewes 4d. to -lid., lamb 9d. to lOd Lambs—A good penning of 173. The quality was good, though there was a sprinkling of light and inferior lambs, which were neglected by the butchers. Best sorts, sold well, but prices cased generally by 2s. Prices: Extra good lambs to 38s. 6d., medium weight prime 345. -to 365., light and inferior 245. to 275. fid. Fat Cattle.—A yarding of SO3 of good' quality as a whole. Each :ace bad a good many prime bullocks and a fairly large proportion of heifers. No improvement, was shown in the demand, and .plain sorts had an easing tendency. Rates: Prime heavy bullocks <£l4 7s. to £l5 10s., lighter £9 15s. to £ll 55.; prime heifers £B.to £lO 10s.; cows £7 10s. to .£lO 55.; extra heavy bullocks, 355. per 1001 b., handy weights 405., heifers 335. to 555., light heifers and cows 255. to 30s. Store Cattle.—A yarding of about 200 of medium sorts, chiefly cows and heifers of fair quality. A few medium steers were included. Prices were unchanged. Pigs.—A penning of 116 fats rnd 137 stores. Heavy baconers were down ss. per head, but medium laconers and porkers were at par. The varding of stores was very big. Brood s. ws realised up to £8 10s.. but ether classes of store pigs were easier by ss. ADDINGTON STOCK MARKET LOWER PRICES FOR FAT ANIMALS BY TELEG3A PH.—PRESS ASSOCIATION. Christchurch, November 17. To-day was the first sale at Addington for a fortnight, none having been held during the carnival week. Store Sheep.—A fair sized entry, a great increase in shorn sheep being noticeable. Hoggets in wool sold at good prices. Shorn wethers sold rather unevenly, though the tendency was to advance as the sale progressed. Ewes and lambs showed little change from the last sale, although they sold more freely. Aged ewes and lambs made 13s. fid. to ,155.. 3d.', inferior aged ewes and lambs 12s. to 13s. 3d., sound mouthed 21s. to 225..fid., aged shorn ewes and lambs Ils. 3d., small shorn 2 and 4-toothed cross-' bred ewes 255. 3d., shorn 2-toothed wethers 16s. to 16s. 9d., four and sixtoothed Romney wethers 235. fid., shorn 4-toothed half-bred wethers 225. to 245., shorn 6 and 8-toothed halfbred wethers 325. 3d., three-qnarterbred ewe hoggets 335. Gd. to 345., good threeqiinrterbred ewe hoggets 38s. 3d., good halfbred ewe hoggets 38s. lid. to 395. 3d., halfbred cull wether hoggets 16s. Bd., 6 and 8-toothed halfbred wethers 245. Spring Lambs.—The entry totalled 970 head, being larger than at the double market of two weeks ago and ranch in excess of requirements. Prices accordingly dropped 3s. to 4s. per head. Prime lambs 265. 3d. to 30s. Id., medium lambs 235, 6d. to 255. fid., light lambs 18s. to 225. od. Fat Sheep.—Fourteen races of fat sheep were penned, the entry being little short of that of the previous sale. There was a good proportion of shorn sheep. The yarding left little to be desired, so far as quality was concerned, but owing to the size of the yarding a recission in values of from 3s. to 4s. per head was not altogether unexpected. Values were: Extra prime woolly wethers, to 425., prime 345. to 87s. (Id., medium 325. fid. .to 335. 6d., light 30s. 6d. to 325., extra prime shorn wethers to 345. 7d.. prime 28s. .to 325.. medium 265. to. 275, 6d.', light 235. 6d. to 255. 6d., extra prime woolly ewes to 365. 10d., prime 295. to 325.. medium 265. to 28s. Gd., light 225. to 255. (id., extra prime shorn ewes to 305., prime 235. to 265. 6d., medium 20s. fid. to 225. 6d., light and aged 16s. to 20s. Fat Cattle. —599 head were forward, compared with 620 at the previous sale. Generally the entry was well up to the average quality, but there was a notable absence of better class steer beef. The demand at the outset was fair, but the figures slipped back by 10s. to £1 per head, with the least depreciation noticeable for good class cows. Prime medium weight beef sold at from 38s to 40s. per 1001 b., heavy prime 345. to 355., best heifer 345. to 395.; good cow beef. 335. to 365.; medium quality steer 30s. to 335., and rough Down to 2Bs. Prime heavy steers realised £l6 to £lB 10s., prime medium weight £l4 10s. to £l6 10s., medium quality steers £l2 to £l3 10s„ light steers £8 10s. to £ll 10s., extra prime, heifers to £l4 17s. Gd., prime heifers £ll 10s. to £l3. ordinary heifers £8 to £ll, extra prime cows to £l4, medium cows £7 to £8 10s., light and aged cows £4 10s. to £6 10s. Vealers. —Good runners made to £7 10s.. medium runners £8 to £6 155., good calves £5 ss. to £5 155.. medium calves £4 to £5, inferior calves 15s. to 30s. Store Cattle.—Only a small number were penned, mostly cows, with a few pens of heifers. Young stuff at nil forward met with a keen demand, the sale being the best held at Addington for some time. Good fresh young cows made to £5 2s. Gd., medium cows £3 to £4 2s. 6d., aged cows £1 ss. to £2 10s., yearling to 18-inonths-old heifers £2 10s. to £4, yearling steers to £3 (is., bulls £3 10s. to £7. Dairy Cattle. —The entry consisted of 47 head, mostly of indifferent quality. Best second, third mid fourth cnlvers made £7 10s. to £9 10s., medium sorts £5 10s. to £7, inferior £3 to, £5, extra good heifers £ll 10s. to £l5, ordinary heifers £3 10s. to £6 10s. Fat Pigs.—A medium entry. Choppers made £3 to £6 Bs. 6d., light baconers £3 12s. to £4. extra heavy baconers £4 7s. Gd. to £5 (average price per lb. 7d. to 71d.), light porkers 50s. to 575. Gd., heavy porkers 60s. to 70s. (average price per lb. SSd. to 9}d.). Store Pigs.—Small weaners made 235. to 285., best sorts to 345.. small stores 365. to 425., medium stores 445. to 48s. JOHNSONVILLE STOCK SALE Messrs. Abraham and Williams. Ltd., and Wright, Stephenson and Co.. Ltdreport on their Johnsonville stock sale, hold yesterday:-A medium yarding of good quality sheep, lambs and bullocks came forward. Bidding was restricted, although everything sold . nder the hammer al prices slightlv below msi week’s quotations Quotations:-Bullocks. Tl2 55., £l2 17s. 6d.. £l5 2s. 6i1.. £l3 Ws.. .£l'l, £l4 10s., 155.. £l5 6d.. to '.15 155.; wethers shorn, 235,, 23s 3d., 255. 3d.. 26s to 265. 6'1.: ewes, shorn. 'ss. 16s, 175.-6<1.. 19s. to 215.: hoggets- 235, to 265.; lambs, IBs 195., 205., 20s. 6(1., 215.. 225.. 235. to 245.'

AUCKLAND ROYAL SHOW PEOPLE’S DAY Dominion Special, Auckland, November 17. All roads led to Epsom show ground to-day for people's day at Auckland’s first Royal Show. ' From ear 1 / morning crowded special trains brought people from all parts of the prov-nce to reinforce those who had arrived the day before, and still niore crowded < micars carried town and country folk alike to their destinal.on. The huge assemblage, easily a record for the ground, was, in its way, as great a credit to the city and province as the very ex;cllei t live stock that Auckland had sent to compete at the show. The attendance, helped as it was by the half-holiday,-declared for the occasion, was equal to th best expectaJons of the show executive. „ • , His Excellency the Governor-General a-<m> honoured the ' show with his presence, and this time he was accompanied by Lady Alice Fergusson. At 1.15 HiS Excellency decorated with the. Royal championship ribbons the stock which had received awards the da/ before. .Afterwards the ViceRegal party witnessed, the grand parade and the subsequent competitions and displays from the box in the' main grandstand. A fine programme of events had been provided. The foremost was the grand parade of prize horses, cattle, and dogs.- It made a fine spectacle from the grandstands. Afterwards came the jumping, competitions. An excellent display of physical drill and games was given by the Auckland Inter-House Girls’ Sports Association. the girls making a pretty picture on the lawn in their bright vari-colour-ed costumes, The Naval Cadets’ team from H.M.S. Philomel attracted a great deal of interest with their exhibition of gun drill. The programme also included a pony • trot and a number of equestrian events. To-morrow, the last of the show, more hunting and other competitions will be held from 10.30 a.m. onwards The Hamilton-Auckland cycle race will finish on the ground, and sales of cattle ■and sheep will be held. ADDITIONAL CHAMPIONSHIPS. Auckland, November 17. The following . additional rhampionship awards were made to-dav:— SHEEP. Border Leicester—Ram and ewe: Canterbury Agricultural Collegej reserve: ram, C.- Hodgkinson; GTenbrook. Romney Marsh—Ewe, E E. Short, P'eilding; reserve, G._lt. Allen, Masterton. PIGS. . Berkshire—Boar, C. I W. Anderson’s (Auckland) Dominion Raymond; _iesetve, Raukura State Farm’s Dominion Good Hope. Sow, L. R. Mclndoe’s (Kaihere) Velebit Esmeralda; reserve, Bowen and Wilson- (Hastings). Yorkshire—Boar and sow and reserve sow, E. J. Roger’s Ngaruawtihia.. Devon—Boar and reserve and sow and reserve, E. J. Rogers. Tamworth—Boar* Wright, Stephenson’s (Wellington) Danesbord George: reserve boar and chamnion sow, E. J. Rogers; reserve sow, Bowen rnd Wilson’s Springdale Lvdia. HORSES. Clydesdales — Mare t.nd reserve, Moore Hunter Estate (Hawera) Royal champion. The open hunters’ competition was won by El Arish, owned by A. M. Samuel, M.P. (Cambridge). The Scott Memorial Cup for champion lady’s hunter was won by O. Nelson’s (Hastings) Blue Moon, which also won the wire jumping contest. P. Gorrie (Remuer.i) was adjudged the best girl rider under 15 and G. I’eake the best boy rider under 15 and also 17. TROTTING AND' RACING. Trotting and racing exhibitions provided good contests, some excellent track performers being engaged. Both events were over two miles •nd the finishes were extremely close. The results were:— Trotting Exhibition, 2 miles—Peter Dean, 120yds. behind, 1; Gold Sovereign, scr., 2; Betty Moko, 144 yds. behind, 3. Pacing Exhibition, 2 miles.—Gola Jacket, scr., 1; Auto Machine, 72yds. behind, 2; Dick Dillon, 96yds. behind, 3. FROZEN MEAT TRADE SHIPMENTS FROM NEW ZEALAND. The New Zealand Meat Producers; Board reports the following shipments of frozen meat from New Zealand:—

COMMERCIAL ITEMS WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS AND PRICES At the morning call yesterady sales were reported of New Zealand Breweries 10 per cent, bonds at 255., and Bank of New Zealand at 60s. 9d. At the afternoon call a sale of Bank of New Zealand shares at 60s. 9d. was made on ’Change and a sale also at 60s. fid., was reported. Other sales reported were Union Bank at £l5 ss. 6d., New Zealand Insurance at 395. 3d., and Electrolytic Zinc preference at 375. 9d. There was again a good demand for Government stock and bonds practically all denominations being in request. There were bids of £96 10s. for the 41 per cents., £99 for the 5 per cents., £lOO 10s. for the 51 per cents. Wellington Racing Chib debentures, were steady at. £lO6. Bank shares, were in fair demand with buyers of National Bank at £7, Bank of New South Wales at £45, Bank of New Zealand at 60s. 6d., Bank of New Zealand rights at 6s. 6d., and Union Bank at £l5 ss. New Zealand Loan and Mercantile ordinary were in demand at £95, and -Wellington Investment at 10s. Gd. ’ There were buyers, of New Zealand Insurance shares at 38s; 9d., Mercantile Mutual at 255.. New Zealand Refrigerating 10s. paid at 6s. 6d., Gear Meat at' 365. 9d., Wellington Woollen ordinary at £6 95., and preference at £6 10s. Westport Coal shares were steady at 375. 3d. cum dividend. New Zealand Brewery shares were fir mat 51s. There were buyers of C. M. Banks, ordinary at 225. 6d.. Milburn Lime at 30s. 6d., Taranaki Oil at 9s. and Wilson’s Cement at 335. 9d. cum dividend. .. Yesterday’s buying and selling quota-

SALES IN OTHER CENTRES BY Telegraph.—Press association Dunedin, November 17. Sales—New Zealand Refrigerating (paid), 14s. 6d.; Kawarau, 3s. Id. (four parcels); National Mortgage, 705.; Westport Coal, 375. 3d.

Sales reported—sl per cent. Inscribed (1933), £lOO 10s.; 44 per cent. Inscribed (1938 and 1939), £96 ss. Bd.; Bank cf New' Zealand, 70s. fid. Auckland, Novamber 17. The share market was closed to-day on account of the Royal Show. ENGLISH, SCOTTISH AND AUSTRALIAN BANK During the twelve months ended June 30, the English, Scottish, and Australian Bank, Ltd., earned a gross profit of £1,365,860, against £1,355,328 for the previous term, and £1,304.455 for 1923-24. The expenses of management and taxes amounted to £823,552, against .£839,347 Cot the previous year, the net profit being £542,308, which contrasts .with .£515,981 for the previous year? . Dividend is again at the rate of 121 per cent, per annum (including interim dividend paid in May), and requires £281.250. The sum of £lOO,OOO has been added to. the reserve fund, bringing that fund up to £2,050,000. an allocation of £20,000 is made to the officers’ guarantee and provident fund, and £93,750 has been set apart for the purchase and cancellation of deferred inscribed deposit stock.' The unappropriated balance of £47,308 is added to the amount brought forward, £183,414, making the total of undivided profits £230,722, TARANAKI OIL FIELDS The shares of Taranaki Oil Fields, after a spell of neglect, are again in apparently active demand, and during the past few days have changed hands at 95., 9s. 4d., 9s: sd„ and 10s. So far the results obtained bv horning have been negative. The company did some boring- at- Tarata, a short distance inland from New Plymouth, and also at Moturoa, near where an old bore yielded 15:000 barrels of oil, but? the efforts in that district were resultless. The directors next tried drilling at Waiapu, 50 miles north of Gisborne. Although gas was found there in two geological horizons, and small quantities of light paraffin oil were present in the sands bored through, drilling was discontinued. Now an area' near Tokolriaru Bay is being tested. Despite, thj negative results obtained, the ../directors’ express their'belief that the wider' experience and more detailed knowledge now gained concerning the company’s proper--ties justify a continuance of confidence In this belief they tire said to be sup--ported bv the technical staff. It is claimed that the company possesses ample funds with which to continue, prospecting. At the balancing date on July 31 the company was owed £18,348 by sundry-debtors, and had deposits and cash of £97,800 in hand, against outside liabilities of only £17,099. According to a Melbourne paper /in interesting point to be settled by shareholders is whether they shall extend-the Options on shares granted to the underwriters of 159,000 shares issued when the company was-.originally--foi'med.-and to.those who underwrote 154,750 shares a yean ago In'each instance, the ' option was to call scrip at 355. a share, or a pre-’ miui’i of 15s. n share. The‘reasons given for the. suggestion to extend the options are that the extent, of the field work isinuch greater than was expected,; ond that accordingly less actual drilling was carried on than was expected would be done by the lime .the ontious expired Attention is also directed s -to the fact that if exercised, the options will .provide the company with- additional capital on very. satisfactory . terms-. The comnany’s Press report for the week ended November 13 reads: —"Waiapu No. 2 well: Fair progress transport ing equipment and " erecting, camp, though ■weather unfavourable;' '• LONDON STOCK LXCIIANGE. . (Rec. November 17, 7.5 p.m.) London, -November 16. Bank of Australasia. £l3 1,55,; Bank of ■New South Wales, -'£43 12s; . 611.; Union ■ Bank. £l5; National Bank of New Zealand. £7 3s. fid.; Bank of .New Zealand stock. £9O shares, £2 18s.: ’..New Zealand Loan and Mercantile- Agency Co., debentures, £73 10s., stock £96 10s. PRICE. OF GOLD. (Rec. November 17, 7,5.p.m.) London, November 16. The price of gold is £4 4s; 93d. per ounce. ' CHICAGO WHEAT QUOTATIONS. Chicago, November 16. Wheat quotations: December, 1 dol. 343 cents per bushel; May, 1 dol. 39, cents.; July, 1 dol. 321 cents. :■ CUSTOMS ..REVENUE. The Customs revenue collected at the port of Wellington yesterday totalled £5873.

WAIKATO MARKETS The Farmers’ Co-op. Auctioneering CoLtd., report on their Hamilton sale: - Beef—The market .is considerably easier, especially . for ox beef, a dr J of three to. four shillings per ’oolb. ha’ ing taken place since our <ast iortnignvly report; prime ox making 325, 6d. per 1001 b. and cow and heifer 28s. Fat Sheep.—Good yardings aie comin« forward,, with prices firm for P rlI “® ewes wethers and hoggets. Fat lamoe are in demand with butchers at prices equal to 9d. . No export prices are out yet. . . Store Sheep.—There is a good inquiry for all classes of stores, especially hoggets and., ewes with lambs... Shorn wethers are-wanted, but owing to the continued wet weather not many lines ere offering. . : Store Cattle.—A good demand exists for all classes, especially two, three and four-year steers also good empty cows, and choice yearling Jersey ’ cross heifers. Dairy Cattle. —Very few good cows ana heifers are offering, with fair' competition for good- sorts. . Pigs.—The market is easier for fats, prices being equal to 51di, bacon companies operating at this figure. Stores are still meeting with ready sale at good prices. Horses. —There is little’ doing in the horse trade. Quotations: Bullocks, prime extra heavy £l2 10s. to £l4, medium £lO to £lO 155.; bows, prime £B’ 10s. to £9 10s., medium £7 10s. ‘to £B, unfinished £5 10s. to £6 55.; heifers, prime £9 10s. to £lO 10s.; steers, 4-year forward £7 10s. to £B. 3-year stores £5 ,15s. to £6 -55., 2-yehr good .£5 10s. to £5 155., 18months £4 to £4. ,10s.;. good yearling • steers, £3 to £4; good yearling heifers (Jersey), £4. 10s. Jo £5 10s.; good fresh empty cows, £3 10s. to £4 55.; aged store cows, 80s. .to. £2; choice in-calf dairy heifers, best Jersey cross, £lO to £lO 10s.; 21-year Jersey cross springing heifers. £10: to £11; 2 (-year Shorthorn dairy heifers, £B. 10s. to £9 10s.; good dairy herds (tested), £lO 10s. to £l3; others, £7 to £8 10s.wethers, prime woolly heavy 335. to 315., prime woolly medium 275. to 295.. prime shorn heavy 265. to 275. 6d., prime shorn, medium ■ 21s. to 225. 6d.; ewes, prime woolly heavy 245. to 26s 6d., prime woolly light 21s. to 225., prime shorn 18s. to 20b. ; store -wethers, 4-tooth shorn 21s. to 225. 6d., 2-tooth shorn 19s. to . 225. 6d.; ewes, 4-, 6. and . 8-tooth with, lambs 275. Cd. to 935., 5-years with lambs 265. to 285., aged 17s. to" 18s,; hoggets, fat 245. to 275., good- store woolly 17s. 6d, ; to 18s. Cd., small woolly.lls. 6d. to J3s., shorn good 15s. to :J6’s,; pigs, baconers prime £3 12s. 6d. to £3 165.,' medium £3 15s. to £3 10s., porkers £2 15s. to £2 ISs., slips, 38s. to £2. weaners 17s. to 245., breeding sows, good £7 10s. to £B/10s.; horses, heavy draughts £35 to- £45, medium £2B to £32,’ spring cart sorts £l3 to '£lB, ■harness horses £8 to £lO, ..hacks. £5 to £B.

Beef. Mutton. Lamb. C'cs. Qrs. C’cs. Nov., 1925— London 45,118 300,671 133,485 W.C. U.K 16,258 8,230 1,900 Havre 16,651 —- Antwerp 19,572 — — Dec., 1925— London 25,373 120,799 99,953 W.C.U.K :U715 13,776 2,780 Genoa 21,258 — — Jan., 1926— London 53 141,563 385,419 W.C.U.K 3,871 2,257 15,466 Feb., 1926— London 3,862 220,290 448,789 W.C.U.K 8,318 32,094 148,518 March, 1926 — 117,546 London . 5,703 ' 182,519 W.C.U.K .... 900 10,395 83,972 Genoa 2.205 — —■ April, 1926— 781,236 London 6,573 129,840 W.C.U.K 3,912 3,638 58,916 May, 1926London !.. 5,861 83,969 478,943' W.C.U.K. ... 5,964 37,126 290,241 Genoa 8,377 —• — Havre 7,688 — June, 1926— 100,859 397,577 London 9,168 W.C.U.K 138 17,677 125,824 July, 1926527,837 London , 22,773 251,247 W C.U.K 26,155 41,779 68,010 Havre . 11.809 — — Antwerp ...... . 17,886 — — Genoa . 8-,438 . —■ — • August, 1926— 277,895 London . 15.043 398,144 W.C.U.K 7,467 2,487 26,360 Sept., 1926183.60'1 London 8,610 194.731 W.C.U.K 7,094 7,381 12,030 Oct., 1926119,782 109,380 London . 4,033 Tl. to 6et. 31,19262,179,441 4.306,64? London 152.170 W.C.U.K 114.602 176,840 833,147 Havre , 36.148 — Antwerp — . 37,458 — T Genoa 40,278 — — Tl. for same period last year, viz., to Oct., •11. 1925London 116.2-11 1,700.395 3.832,345 W.C.U.K 85.782 221.902 775,245 ' Hamburg . 12.438 — —- Genoa 72.580 —

tions were as under: — Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 4?.- p.c. Ins. Stk., 1039 -96.10 0 —— p.c. ditto, 1038 .... 06 10 0 100 — 54 n.c. ditto. 1033 .... 100 10 0 15 0 54 n.c. ditto, 1027/1041 07 0 0 51 t>.c. ditto. 1030 .... 100 10 0 — 41 n.c.. Bonds, 1030 .. 91. 12 6 -•— n.c. ditto, 1938 .... 96 10 0 —- 41 p.c. ditto, 1030 .... 07 10 0 — 54 p.c. ditto. 1933 .... 100 10 0 . 5 p.c. P.O. Bonds, 1927 90 0 0 — DEBENTURES— Well. Racing Club .. 10G N.Z. Breweries (bonds) 0 9 — —— 1 o 3 BANKSAustralasia — 14 o 0 National of N.Z 7 0 0 — New South Wales ... 45 0 0 — New Zealand ........ 3 0 6 3 1 0 Ditto (rights) 0 6 6 0 6 7 Union of Australia .. la u 0 15 6 0 financial— N.Z. Guarantee Corp. (ord., 8s;) 0 10 3 — N.Z. Loan, Merc, (ord.) 0-> 0 0 —— Wellington Investment 0 10 6 0 51 0 Wellington Deposit .. 4 ■ Wright, Stephenson (ord.) — 1 4 Ci Ditto (pref.) —— 0 17 u INSURANCE— National — 4 0 0 New Zealand ... 1 1© 9 — South British — 17 . 9 Mercantile Mutual .. 1 o 0 —*• MEAT PRESERVING— N.Z. Refrigcrat. (10s.) 0 Gear 1 6 16 6 9 1 18 0 TRANSPORT— Tluddart-Parker (ord.) , — 7 9 WOOLLEN— Wellington (ord.) ... 6 9 0 — Ditto (pref.) 6 10 0 — COAL— Westport (cum.) ..... 1 17 o — TIMBER— Taringamiitu ........ ——- 1 8 0 National . —— 0 17 0 breweries— Manning and Co. .... —- 1 1 G New Zealand ~ 11 0 MISCELLANEOUS— C. M. Banks (ord.) .. 1 2 6 Electrolytic Zinc (ord.) •ww. 1 16 9 Ditto (pref.) •—• 1 18 0 Howard Smith ...... —- 1 13 0. Milburn Lime ....... 1 10 6 N.Z. Paper Mills .... 1 0 0 ‘ Scoullar ' Co. 1 — 1 9 Sliarland & Co. (ord.) _ — 1 2 9 Taranaki" Oil Fields .. 0 9 0 —— Wairnrapa Farmers’ (£5) . 4 4 Ditto (£1) — 0 16 6 Ditto (pref.) —— 0 17 0 Wellington Cordage .. —— 0 18 6 Wilson’s Cement (cum.) 1 13 9 MINING— Waihi 9. 0 19 Kawarau 0