FARM & COMMERCIAL

Dominion, Volume 20, Issue 58, 2 December 1926, Page 14

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. Premises, adjoining Bowden’s Store, Kaiwarra, 2 p.m,—Sale of furniture (R. Wilson). Ward Street. Dannevirke, 3 p.m.—Sale of land (Williams an< Kettle). Johnsonville, 12.L0 p.m.—Wether fair (Abraham and Williams). 8 Willeston Street. 10.30 a.m.—Sale of wireless stock (E Johnston and Co.). 8 Wflleston Street. 10.30 a.m.—Sale of antiques (E. Johnston and Co.). Waikanao—Stock sale. TO-MORROW. 14 Brandon Street, 2.30 p.m. —Sale of land (H E. Leighton) 11 Brandon Street, 2.30 p.m.—Salo of land, part of Hutt County, Section 12 (H. E. Leighton). 21 Grey Street, 2.30 p.m.—Sale of city property (S. G. Nathan). ' ■ 21 Grev Street, 2.30 p.m.—Sale of Highland Park building section (S. G. Nathan). Feilding, 11.30 a.in.—Stock sale. SATURDAY. Palmerston North 1.15 p.m.—Sale of jewellery (J. L. Bennett, Ltd.). FARMING INTERESTS LONDON WOOL SALES ANIMATED COMPETITION FOR ALL CLASSES. London, November 30. At the wool sales there was an average selection and animated competition for all classes. Prices were fully maintained and firm. New Zealand: Belmont, top price 15$d, per lb.; average, Hid. Messrs. Levin and Co., Ltd., have received the following cablegram from their London agents, dated November 30: -The auctions continue fairly animated at about opening rates The following prices are current: Merino, super, 23d. to 26d. per lb.; merino, average. 21d. to 23d.; fine halfbreds. super 56-58’6, 23d.; fine halfbreds average. 21 Jd .• medium haL breds, super 50-56’s. 18d to 20d. medium halfbreds, average 17d. to 18d.; coarse halfbreds super 48-50’s. 16d.; coa-rse half-., breds. average, 14d. to 15d.; fine crossbreds, super 46-48’s., 14d- to 15d.; fine crossbreds." average,' 13d to 14d.; medium crossbreds, super 44-46’s, 13d. to 14d.; medium crossbreds, average, 12d to 13d.; coarse crossbreds, rupee 40-44's. 12}d. to 133 d.; coarse crossbreds, average, 12d. to 12jd.: low crossbreds, ruper 36-40’s 12d. to 13d.; low crossbreds, average. 36-40’s. UJd. to 12d.; pieces. 9Jd o lid.; bellies. 9jd. to tOJd ; locks, 7d. to Bd.

LINSEED MARKET The Department of Agriculture has received the following cablegram, dated November 30, from Calcutta, w’th reference to the linseed market: We quote £l6 for linseed per ton net, 0. and F. Sydney, immediate shipment. Market quiet.

BURNSIDE STOCK SALE? LITTLE ORANGE IN VALUES. BY Telegraph.—Press association Dunedin, December 1. At Burnside to-day save in sheep (which were down by 25.), there was no marked change in rates. Fat cattie showed an easing tendency, and other lines were at par. Sheep.—A penning ci 2230, ot average quality, all shorn except for about 150. More unfinished sheep than usual were in the entry. The opening demand was fair, but the market eased, and towards the finish sales were slow and irregular. Heavy sheep were little changed, and light prime were Is. easier The demand decreased and all classes were 2s. down at the close ot the sale. Passings were freely made. Prices were: Heavy prime shorn wethers 30s. 3d to 31s. 6d.. medium weights 27s to 295.. lighter 255. 3d. to 265., prime heavy . ewes 26s 6d. to 295., medium 20s.' to 255. 3-d. Best woolly wethers 41s. 6d. to 445. 6d.. 'igbter 325. 3d. to 355. Best woolly ewes ,325. to 355.. lighter 28s. to 30e. Prime horn wether mutton was worth 4fd. per lb., light 41d„ prime ewe 4d, light aged 3Jd. Lambs.—A penning <f 246. mostly well grown prime lambs of varying weights, with a small proportion of medium sorts. The demand was very fair, and prices were on a par with last week's. Heavy prime lambs made 28s 3d. to 305.. medium weights 245. 9d. to 265.. lighter 21s. to 235. The value was from Bd to 9d. per lb Fat Cattle.—A yarding of 283. There was a capital entry of bullocks. Includ ing some consignments from the south. The quality al) round was good and the proportion of cows was comparatively small. At the opening of rhe sale the demand was quiet, and prices were much the same as the previous week s, though as the sale progressed a tendency towards lower rates was shown. Prices were: Extra prime bullocks £l5 to £l6 55.. prime £l3 5s to £l4 15s„ lighter £8 ss. to £11; heifers £7 tss. to £ll 55.. cows £7 ss. to £8 155.. extra good cows £l2 tOs. Extra heavy bullock beef was worth 345. per 1001 b.. prime light ' 365. to 375. 6d.. prime heijers 325. 6d., cows and light heifers 20s. to 275. 6d. ■ Store Cattle.—A yarding of 231 mainly of mixed cows and younz cattle of med him quality. A pen of 2J-year-old steers brought £7 10s. per head, while some three-year-olds were passed • ’ auction. The balance of the cattle realised about last week’s .ate-

Pigs.—A penning of 89 fats and 43 stores. The market was practically unaltered. Bacon pigs made to about £5 10s., and porkers to about £4 10s. DAIRY PRODUCE MARKET Messrs. Dalgety and 00.. Ltd., report having received the following cablegram from their London house, under date November 30*—Butter- Market steady. We quote: Last season’s stored first-grade New Zealand, 1565. to 158 s.

WAIKATO MARKET REPORT The Farmers’ 00-operative Auctioneering Co.. Ltd. Hamilton, report:— \ Beef.—Plenty of both prime ox and cow beef is offering in the yards and paddocks, the supply exceeding the demand, with prices considerably easier prime ox being equal to 295. per ICOlb, and cow and heifer 255. Fat Sheep.—Although prices are a little easier, the market is firm for prime sheep, but we are likely to see a drop, especially for ewes, as export prices for this class are very low. Store Sheep.-There is a good inquiry for wethers, hoggets, and ewes and lambs out of the wool, but prices are a lot lower than this time last season. Store Cattle—Big yardinge have been coming forward, and although feed is plentiful, there has been a decline in prices, due, no doubt, to the drop in fat cattle.

Pigs.—The market continues firm for baconers and porkers, at about 6d. per lb., the bacon companies operating at this figure, stores still meeting with good competition at high prices. Horses.-A few useful farm sorts are wanted, with little inquiry for heavy draughts and light horses. Quotations:—Bullocks, prime. extra heavy, £ll 10s. to £l3. medium £9 Is. to £10; cows, prime £7 to £B, medium £6 to £6 LOsl. unfinished £4 5s to £4 155.; heifers, prime, £8 to £9; steers. 4-year forward -£7 to £7 ss. 3-year stores £5 10s. to £6, 2-year good £4 ss. to £6. good yearling steers, £3 to £3 10s.: good yearling heifers (Jersey). £4 10s, to £5 10s.: good fresh empty cows, 30e. to £2: choice in-calf dairy heifers, best Jersey cross. £lO to £lO 10s.; 2J-year T ersey cross springing heifers, £9 10s. to £10; 24-year shorthorn dairy heifers. £8 ’s. to £9 10s.; good dairy herds (tested), £lO 10s. to £l3; others. £7 to £8 10s.: wethers, prime woolly, heavy, 335. to 345.; prime woolly, medium. 275. to 295.; prime shorn, heavy, 245. to 265.: prime shorn, medium, 21s. to 225. 6d.: ewes-prime woolly, heavy, 225. 6d to 245.- prime woolly, light. 20e. to 215.; prime shorn 17a. to 205.; store wethers-4-tooth. shorn. 21s. to 225. 6d.; 2-tooth. 18s. to 195.; ewes—4. 6. and 8-tooth, with lambs. 275. 6d. to 335.: 5-year, with lambs. 265. to 285.; aged. '7s to 18s.; hoggets—fat. 245. to 255.; good store, woolly, 17a. 6d to 18s. 6d.; small woolly, tls. 6d. to t2s.: shorn, good. 15s. to 165.; pigs—baconers, prime £3 12s. 6d. to £3 165.; baconers, medium. £3 ss. to £3 10s.; porkers. £2 15s. to £2 18s.; slips. 38s. to £2: weaners. 17s. to 245.; horses—heavy draughts. £35 to £45; medium. £2B to £32: spring cart, sorts. £l6 to £18; harness horses. £8 to £10; hacks. £5 to £B.

WHOLESALE PRODUCE PRICES Messrs. Laery and Co., Ltd., report wholesale values us follow: —Mixed xowl feed, 5-sack lots or over, 6s, 6d.; lesser lots, 6s. yd. bushel. Linseed meal, 165.; linseed nuts, Ils. per jOUlb. bag: linseed whole, 20s. td. Oyster shell grit, 5-saok lots or over, 55.; lesser lots, ss. (id. per 1001 b. Pipi shell grit, 5-saek lots or over, 55.; lesser lots, ss. lid. per 1001 b. Oats, machine dressed seed Algerians, 6s. Id., 6s. 3d.; Dun, 6s. 3d.; feed, 4s. 6d.; crushed, ss. 6d.; black oats. ss. 6d. per bushel, sacks in; Al■gerians, 4s. 9d. Shelled oats, for chicks, 6s. 3d. per bushel. South African maize, whole,: 7s. 3d.; crushed, 7s. 9d. per bushel. Barley, feed, ss. 6d.; wheat, Australian milling, 7s. 9d., sacks in. Wheatmeal, feed, ton lots, .£l6; undergrade Gartons, lor pig food, 3s. lid. per bushel, in 10-saek lots, Bye corn, 10-sack lots or over, 6s. 7d.; lesser lots, 6s. 9d. per bushel. Rye corn, for pig feed, ss. per bushel. Butter, . prime farmers’ separator, lid. per lb., dairy bulk pats, lid. to is. per lb. Turkeys, Is. 2d. to is. 3d. per lb. Eggs, first grade new laid, 2s. 3d. to 2s. 4<i. per dozen; .'lorekeepers, 2s. 2d. Ducks, runners, young, 10s. to 125.; large whites, 14s. to 155.; old, 9s. per pair. Fowls, White Leghorns, Cs, to Bs.; Black Orpington and similar, heavy varieties, 10s. to 12s. Fungus, N.Z., 9d. to lOd. per lb. Hoosiers, White Leghorns, Bs. to 9s. per pair; Dressed pork, 60’s to 90’s, Bd. to 9d per lb. Sticking pigs, Sid. to 9'd. per lb. Honey (discoloured), in 601 b. tins, sd. per lb. Sucrosine, half-ton lots or over, .£l2 10s.; lesser lots, .£l3. Kock salt, 6s. per bag. Molasses, in. casks, 40s. each; in cases, Bs. 6d. Blenheim chaff, ton lots, prime, .£lO 155.: good heavy, T 9 ss. to £lO per ton. sacks in. Basic slag, £5 per ton. Chinese peanuts, in shell, sacks lots, 4Jd. per lb. Java shelled peanuts, sack lots 4-ld. per lb. Superphosphates, „£5 16s. per ton f.o.r. New Plymouth, less discounts. Bran, half-tor. lots or over j£9 per ton; lesser lots, T 9 6s. Pollard, half-ton lots or over, £ll per ton; lesser lots, Til 6s. Chick raiser, coarse, 21s. per 1001 b. bag. Pigmeal, <£ll 15s. per ton for ton lots; lesser lots, Ids. 1001 b. Potatoes, Dakotas, ton lots, Canterbury grown, <£s 10s. to «£5 15s. ton. Seed potatoes, Arran Chief, <£6 10s. ; Gamekeeper, £7 55,; Bed Dakotas, .£8 per ton; all South Island grown. Potatoes for pigs or poultry, 4s. per sack. New potatoes. 13s. to 15s. cwt. Seeds, white clover, Is. 9d.; cowgrass. Is. Gd.; cocksfoot. Is 4d. per lb.; Italian rye, 75.; perennial, Bs.; Western Wolths, 7e. per bushel.

ADDINGTON STOCK MARKET

SMALL YARDING AND HIGHER PRICES.

BY Telegraph.—Press association. Christchurch, December 1. Entries generally were small at the Addington stock market to-day. Store Sheep.—The entry tilled less than three races, and consisted mostly oi ewes ami lambs, and wethers. The bulk of the ewes and lambs were of plain quality, but any fair sorts met with keen demand at prices Is. a head in advance of late rates. Values were good. Aged elves with lamps, 15s. SiL to 17s. 9d.; fair aged ewes with lambs, 13s. sd.' to 145.; inferior aged ewes and lambs, 9s. fid. to Ils. 7d.; good-copdi-tioned shorn ewes anti lambs, 12s. 3d.; aged drv half bred ewes, 9s. 4<1.; four, six, and eight-toothed shorn wethers, 225. io 245.; inferior shorn lour and sixl toothed wethers, 20s. 7d. to 20s. Bd., good woolly three-quarter-bred four-tooth-ed wethers, 235. Bid.; shorn two-toothed wethers, to 21s. Id.; wmolly three-quar-ter-bred ewe hoggets. 335. fid.; woolly three-quarter-bred crossbred hoggets, 325. 6d.; inferior woolly half bred hoggets, 255. 6d. Fat Lambs.—The entry consisted of 670 head, compared with BSO last week. The market opened with prices showing a rise for good sorts, and although the demand eased towards the end, the sale was better than the previous’ one. Values were: Extra prime heavy Jambs, 30s. to 325. lOd.,- prime lambs, 275. fid. to 295. fid.; medium lambs, 245. fid. to 275.; light lambs, 20s. to 235. 6d. Fat sheep entries totalled 8J races, against 10 lust week, and 14 two weeks ago. In the latter stages of the sale the market brightened up, and butchers had to pay higher figures for plainer wethers than a! the beginning. Values were generally from fair to a shade higher than last week’s. Extra prime shorn wethers, to 345. 7d.; prime wethers, 275. fid. to 31s. 3d.; medium wethers, 2Gs. tao 275. 3d.; light wethers, 225. 255. Cd.; extra prime shorn ewes, to 295. lOd.; prime ewes, 235. to 265.; medium ewes, 20s. to 225. 6d.; prime woolly wethers, to 435. 4d.-, medium woolly wethers, 335. to 355. (id.; prime woolly ewes, 28s. 6d. to 325; Id.; medium woolly ewes, 255. fid. to 275. 9d. Fat Cattle.—ln the fat cattle pens the yarding totalled 550 head, compared with 557 last week. Cows formed a considerable portion of the yarding, but the proportion of good cows was rather larger than is usually the case. Recently the niarKot has been qver-suiiplieil, and this was-the case again, with the result that butchers were not inclinea to go to the rates ruling a week ago for cattle. Rough, heavy bullocks were lower by £1 a heiul in some parts of the sale. Best quality steer beef made from 345. Cd. to 375. fid. per 1001 b. Heavy prime, 31s. to 325. 6d.; medium quality, 295. to 315.; best heifer, 31s. to 365. fid.; best cow, 80s. to 335.; inferior, 255. to 275. 6d.; extra heavy steers, to £l6 7s. 6d.; prime, £l4 to £l5; prime medium weight, £l2 15s. to_ £l3 155.; medium quality steers. £lO 7s. fid. to £l2 10s.; light steers, £8 to £9 17s. Cd.; extra prime heifers, to £l6 7s. 6d.; prime, £6 15s. to £9 10s.; light, £5 ss. to £6 7s. 6d.; extra heavy cows, to £l2 2s. 6d.; prime, £9 to £lO 155.; medium, £6 10s. to £8 155.; light, £4 ss. to £6. Vealers. —The entry was smaller than for a long time, and the quality was poor. Medium runners, £6 to £7; good calves, £5 ss. to £5 155.; medium calves, £4 to £5; small calves, 15s. to 30s. Store Cattle. —The entry was small, and consisted mostly of cows. Good fresh cows, to £5; medium cow-s, £3 to £4; inferior cows, 30s. to £2 10s.; three and four-year-old steers, £7 155.; yearling steers and heifers, 545. Dairy Cattle.—The entry comprised 45 head, compared with 65 last week. The demand was limited, and the eale dull throughout. Best second, third and fourth calvers, £8 to £lO 10s.; medium sorts, £3 to £4 10s.; springing heifers, £4. to £7 155.; old cows in profit, £3 to £4 ss. Fat Pigs.—A medium entry met with an irregular demand, but prices generally were somewhat better than last week. Choppers, £4 to £7; light baconers, £3 12s. to £4; heavy baconers,. £4 10s. to £5; extra heavy baconers, to £5 ss. (average price per lb. 61d. to 71d.); light porkers. 465. to 545.; heavy porkers, 60s. to 695. (average price per lb. Bd. to 9d.). Store Pigs.—Values showed a reduction of about ss. on late rates. Weaners, 15s. to 205.; better sorts, to 265.: small stores, 28s. t 0,335.; medium stores, 355. to 405.; large stores, to 515.; sows, £3 15s. to £4. DAIRY PRODUCE OUTPUT RECORD IN AUCKLAND PROVINCE Dominion . Special. Auckland, December 1. Dairy production in the Auckland province during the current season continues to maintain record figures. Butter received into store during the five months of the season ended on Tuesday totalled G 50.929 boxes, an increase of 82,122 boxes on the same period last year, and beating the previous record by 2410 boxes. Cheese received totalled 55.'.07 crates compared with 49,396 and 40.026 in the two previous seasons respectively,

JOHNSONVILLE STOCK SALE Messrs. Abraham and Williams. Ltd., and Wright. Stephenson and Go., Ltd., report on their Johnsonville stock sale, held yesterday:—The quality of the yarding throughout was good, the beef especially SO. although nothing very heavy was yarded. The weather was very rough, but there was a good attendance of butchers, and a fair sale resulted. at prices on a par with. last week. Quotations: Bullocks, £ll 12s. 6d., £l2 7s. 6d.. £l2 17s. 6d„ £l3, £l3 7s. 6d„ £l2 17s. 6d. to £l4; vealers £1 ss„ £1 7s, £1 17s. 6d„ £2. £2 25.. £2< sd. to £2 6s.- shorn wethers. 245. 6d., 245. 9d. to 265'.; shorn ewes, 125.. 6d.. 13s. 6d., 16s. 3d., 16s. 6<l to 16s. 9d.; iambs, 18s. 6d., 215., 225., 235. 6d. to 245. 6d.

STRATFORD SHOW BY TELEGRAPH.—PRESS ASSOCIATION. Stratford, December 1. The seventeenth Stratford A. and P. Show opened to-day with large entries. Championships were awarded as follow: Jersev cow, R. L. Hum, Ohau; bull, H. S’alway, BeHblock. Friesian cow, J. O’She-i. Ohnngai; bull, H. Johnson and Son, Stratford.

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE

YESTERDAYS BUSINESS and prices

At the afternoon call yesterday sales were reported of Bank of New Zealand shares at 60s. 6d. and 60s. 3d., Bank of New Zealand rights at 6s. 7d. and Gear Meat shares at 375. There was very little business offering yesterday. There was a lair demand lor Government stocks and bonds, with buyers of the 41 per cents, at £96 15s. and tho -5J per cents, at £lOO 12s. 6<l. Bank shares were slow. There were bids of £45 for Bank of New South Wales, 60s. for Bank of New Zealand, and 6s. 6d. for Bank of New Zealand rights. Sellers quoted 325. Id. for Commercial Bank ordinary and £l5 6s. for Union Bank shares.' There were buyers of Gisborne Gas shares at 10s. fid., Gear Meat shares at 365. fid., Wellington Woollen at £6 Ils., Crown Brewery at 205., New Zealand Breweries' at 51s. 9d., C. M. Banks ordinary at 225. 6d. Burns, Philp at 38s. 9d., Electrolytic Zinc ordinary at 365. 3d., preference at 375., New Zealand Milk Products at 2‘-V. lid., and Wellington Queen’s Theatre at 20s. Yesterday’s buying and selling quotations were as under:— _ _

SALES IN OTHER CENTRES By Telegraph.—Press association Auckland, December 1. Sales.—Soldiers’ Bonds (1933), 5J per cent. £lOO 17s. 6d.; National Bank of Australasia. £lB Is. 6d.; Bank of New Zealand. 60s. 3(1.; ditto (rights), 6s. Bd.; Union Bank of Australia, £l5 4s. 6d.; Taupiri Goal, 21s. 9d.; Auckland 'Gas, 235. 9d.; Sanford, Ltd.. 235. 6d.: Wilson’s Cement. 335. 6d.; . Alburnia. 3s. 9d.; Moanataiari, ss. 9d., ss. Bd.; ditto (con.), ss. Bd., ss. 7d.. ss. 6d„ ss. 4d.. ss. 3d.. ss. 4d.; Kawarau, 3s. 3d.; Lucky Shot (con.), Is. 4d., Is. 3d; Waihi Grand Junction, 2s 2d.; Mount Lyell, 295. Id.

Dunedin, December 1. Sales.—St. Bathans (B issue), 4s. 6d. premium (two parcels). Sales Reported.—Bank of New Zealand, 60s. 6d.

TARANAKI OIL FIELDS The Taranaki Oil Fields Limited, report for the week ending November 27, reads: Waiapu No. 2 Well: Camp buildings approaching completion. Transport of casing and balance of big material proceeding satisfactorily. Made good start with erection of rig.- Arrangements completed for supply and transport of coal.

WELLINGTON MEAT EXPORT COMPANY The statement of accounts of the Wellington Meat Export Company for the year ended September 30 shows that the gross receipts from freezing sales, manufactures, etc., and transfer fees totalled £26.623. Interest, discount and exchange absorbed £19,671, and charges, including general and management expenses, directors’ honoraria and expenses, audit fees, taxes, and legal expenses in connection with the reconstruction of the company accounted for £10,173, the total outgo being £29.844. The'company therefore made a loss of £3221 on the year’s trading. But this is a better result than was obtained last ysar, when the loss was £9280. In August last the shareholders authorised a readjustment of the capital, the sum of £150,000 being written off, and this has covered the aecumulated losses, and bas also provided £80,540 for depreciation of properties, plant, etc. The directors were also authorised to issue preference shares, and in tbeir report announce that over 30,000 shares in the preference issue have been applied for and allotted, and that further applications were anticipated. According to the balance-sheet the paid-up capital is now £144,304, loaps on mortgage £7OOO, bank overdraft £128,711, deposits £126, sundry creditors £8291, and drafts against shipments £89,876- The assets include land, premises, plant, otp., less depreciation £234,376, sundry debtors £28.297, consignments £100,289, stocks £15,341, and cash £39. Total, £378,343.

THE WOOL SALES The next wool sale at Wellington will be held on Monday, and it is anticipated that about 19,000 bales will be available. The wool committee fixed 27,000 oalcs as the limit for the Wellington sale, but owing to the Wet weather and the delay thus caused to shearing the Wellington sale will be short. of the limit bv about 8000 bales. This is likely to cause some trouble at the subsequent sales. The limits for the January and February sales are fixed at 27,000 bales, but the shortage of the December sale must be made to fit in somewhere. The London sales show no changes Of importance, and. generally the sales are regarded as satisfactory. 3he ar crave current prices compared, with those ruling at the previous series show as under for average qualities only. , . Nov.-Dec- Sep.-Oct.

Prices all round are lower than nt the September-October sales. Crossbred worn is very cheap and that in itself should be its' attraction.

INSURANCE MERGER According to-mail advices, the Commercial Union Assurance Company is to absorb the British General Insurance Company. The vides for the purchase bv the Commercial Union of British General shares, payment to be partly in 5 per cent, debenture stock and partly m cash, on the basis of £2 debenture stock end a cash payment of 15s. fid. for each British General share transferred. I Im principal will be redeemed at the end of Bft years at par, subject to the right of the Commercial Union at any tune, on giving six months’ previous notice, to redeem the stock in whole, or in part at 105 per cent. The dividend on 100 British General shares at the present rate of 30 per cent, is, alter

deduction of income tax, £6, while the interest on £2OO debenture stock and £77 IDs. cash, calculated at 5 per centless tax, is £ll 25., an increase of 85 per cent. The offer is conditional on its acceptance, by the holders of 85 per cent, of the shares or such less proportion as the Commercial Union may consider sufficient. The British General will continue to operate as a separate company under its present board, chief officers and staff. The Commercial Union has a premium income of nearly £20,(100,000, and funds, including life funds, exceeding £50,000.000. CHICAGO WHEAT QUOTATIONS. < Chicano, November 30. Wheat quotations: December, 1 dollar 34’ cents per bushel; May, 1 dollar 37| cents; July, 1 dollar. 31j cents. CUSTOMS REVENUE. The Customs revenue collected at the port of Wellington yesterday totalled £4999.

Buyers. Sellers. N.Z. GOVT. LOANS- £ s. d. 4j p.c. Insc. Stock, 1939 96 15 0 £ s. d. 97 2 6 4i p.c Insc. Stock, 1938 96 15 U —— 5Jt d.c. Insc. Stock, 1933 100 12 6 ICO 15 0 5A p.c. Insc. Stock, 100 10 0 — 44 p.c. Bonds. 193? ... 96 15 0 — 4$ p.c. Bonds, 1938 ... 96 15 0 — 44 p.c. Bonds. 1930 ... — 93 5 0 p.c. Bond*}, 1940 ... — 97 0 0 DEBENTURES100 0 0 Wellington Gas — N.Z. Breweries tStock) — 15 3 Do., Bonds — 15 0 BANKSCommercial of Aus. 1 12 4 (ord.) — New South Wales ....... 45 0 0 45 10 0 New Zealand 3 0 0 3 0 9 New Zealand (rights) 0 6 6 Union of Australia ... — 15 6 0 FINANCIAL— N.Z. Guarantee Corp. 0 10 6 • ord. (8s.) — Wellington Deposit ... — 0 10 4 Wright. Stephenson (ord.) - — 14 6 Do. (pref.) — 0 17 6 GAS- ., Gisborne 0 10 6 Wellington (ord.) — 17 0 INSURANCE— New Zealand — 1 19 3 Standard — • 3 0 0 MEAT PRESERVINGN.Z. Refrigerating (108.) - — , 0 7'0 Gear ■. 1 16 6 1 17 6 TRANSPORTP. and O. Def. Stock (cum.) — 250 0 0 WOOLLEN0 16 0 6 12 6 Kaiapoi (pref.) , — .. Wellington (ord.) 611 0 Do., (pref.) 6 11 0 Do. (new issue) — 6 10 0 COAL0 15 6 Waipa — TIMBER— Leyland-O’Brien ...... — 2 2 0 BREWERIESCrown ...■ - 1 .0 0 — N.Z. Breweries «... 2 11 9 —- MISCELLANEOUSC. M. Banks (ord.) ... 1 2 6 — Burns. Philp and Go. 1 18 9 —• Electrolytic Zinc 1 17 0 (ord.) 1 16 3 Do. (pref.) 1 17 0 1 17 9 Howard Smith — 1 12 6 N.Z. Milk Products .12 6 “*• ! Scoullar Co t. — 12 9 Sharlaud and Co. (ord. and pref.) ..... — 12 6 Wairarapa Farmers’ (pref.)' , — 0 16 3 Wellington Queen’s Theatre 10 0 Wilson’s Cement — 1 13 9 MINING— Blackwater Mines 0 5 7 — Mount Lyell (cumO —.190 •— Waihi 0 17 6

Sal d oo e. caie . d. . ' 2U Halfbred, 56/58 ■ „ . .21! i 23 Halfbred, 50/56 „ . 17< Halfbred. 48/50 .. . 141 r - Crossbred, 40/48 . . W Crossbred, 44/46 • . 12! r Crossbred, 40/44 . • $ J 13.V Crossbred, 36/40 . .. w-; ; 124