COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10274, 8 May 1919, Page 2

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YBSTEEDAY'S yUOTATIONS.

QUOTATIONS ELSEWHERE.

Press Association. AUCKLAND, May 7.

Sales reported:— New Zealand Insurance, Al2 14s, Taupiri, Coal, 19s 6d. . e "' CHRISTCHURCH, May 7. Sales reported:— . . Permanent investment, JS9 2s 6d. Mason-Struthers, JJI ss. DUNEDIN, May 7. Sales on 'Change: Talisman Consolidated, Bs. Huddart-Parker, S9s. ADDINGTON MARKET. Press Association. CHRISTCHURCH, May 7. At Addington market there was a very large entry of fat sheep, and more <,attlr were offered, but the yardings in othei departments were generally smaller tl.an the previous week. There was a rathei better tone' in the store sheep market, and wethers especially sold better. Fat lambs were a little firmer, but fat cattle. whlclv wero mostly of medium quality. were much easier, though anything reallj .prime sold well up to late rates. ' .The fat sheep -market opened at about tinprevious week's prices, but soon eased off and became irregular, and towards (Lt end a number of lots were passed in. The prices were down from Is to 2s pel Head, and in some pa6es more. Therr was poor sale for store cattle, and dealers came down in consequenoe of a heavy supply and the cheaper beef market. Fat pigs sold -well, but stores were slow of sale.

Store Sheep—Two-tooth ewes 20s 9d to 23s 9d, medium four and six-tooth ewes

16s 3d to 17s 3d, poorer sorts 8s to 18s, four, six, and eight-tooth ewes 9s to 18a 3d, two-tooth wethers 19s to 245, two ami four-tooth wethers 20s to 23s Id, good four and sis-tooth wethers 22s 3d to 235, medium 17s 3d to 19s, mixed sex lambs 10s to- 14s 2d, ewe lambs 7s Id to 13s Id. good halfbreed wether lambs 17b Id, others 6s 2d to 13s 6d. Fat Lambs—Extra prime 33s lOd, prime 27s to 30b 3d, medium 24s to 26a 6d, lighter 16s 6d to 23s 6d. fat Sheep—Prime wethers 82s 6d to 39» 6d, medium wethers 28s 6d to 325, lightei wethers 23s 8d to 28s, extra prime ewes 36s lOd, prime ewes 29s 6d to 32s 6d, medium ewes 23s 6d to 295, lighter ewes 10s to 235.

Fat Cattle—Extra prime steer.) to .£24, prime steers ,£l4 to .£lB 10s, ordinary steers .£7 to Jll3 10s, extra prime heifers .£ls 10s, prime heifers .£ll to .£l4, ordinary tieii».-s .£6 2s 6d to .£lO 10s, extra prime cows to .£l6 10s, grime cows -£lO 10s to £l3 10s, ordinary cows £/t to ,£lO. 'l4 tore Cattle —Calves £2, eighteeninontha £b ss, dry cows £,l to £6, bulls M 6s to .£lO 10s, dairy cows £7 to .£lB 15b.

Pigs—Choppers £& to .£lO lis, baoonerß.£b 10s to ,£8 4s (equal to 9d to, 9£d per lb), porkers .£2 5s to £3 'lss (equal to lOd per lb), best sores £2 10s to .£2 16s, medium £2 to .£2 Bs, smaller 22s to 30s, weaners 12s to 21a. LlVifi &XOOK SALES AUCTIONEERS' EEPOETS. The Loan and Mercantile Agency reports :—Last week we held sales at Kangiotu. Paimerston. and Feilding, and a ji earing sale on account of Mr El. Caske, Bainesse.

; Loan and Mercantile Agency Co. .\it „u; iiujisiKtu saie we hatt a moderate yarding. Competition was keen, and Kiicos rtauised were decidedly in advance of reoent sales. We quote: Lambs, 9s 9d; cull ewes. 7s 9d to 8s; store cows, JS& lis, £4, £A 3s, £4 9s. to £5 ss; forward cows, .£5 7s 6d,'.£5 16s, to lis; dairy heifers, .£lO to ,£11; yeariinft' steers, £1 lis. vV«j held a bearing sale of dairy bows on account of Mr Ernest Caske, of Bainesse, on Tuesday. The attendance was small but the cowe. beinj* a good line, were cleared at satisfactory prices. Best .ows made .£l4 10s to .£22 10s; medium cows. .£lO to .£l4 ss; asred cows and cows, jA to £9 10s.

At Feildiner on Friday, we had a good yarding gof both sheep and cattle. Prices .ero iju a par wim recent saies. 2-tooth, aethers, 20s. 245. 25s 8d; empty 2-tooth. awes, 19s; empty a.m. ewes, 12s 6d, 12s 9d, i3s: sjm. ewes. r.w. ram, 16s 3d; good u-xpd lambs. 13s 3d; springing heifers, .£9.155, £lO 10s; heifers (r.w.b.), £5; fceif- ■ ■.»..iii.ii c-i.ives. «*>10; good Hereford .■raners. M 10s: small weaners, 255.

At our Himatangi sale on Monday, May >:u. v.'o li.ni an average' yarding of both ■'■"T) :>tv' fiiilc. Bidding was slow and prices failed to make vendors' reserves. . ti yuoui:—iiwes. in lamb, 13s 6d; medium lambs. 9s 3d: F. and P. cows, £8; •store cows. J 25. £5 16s. to £6 19s; weavers. 12s to 275; dairy cow 6, ,£8 ss; spring->i ine heifers, £& ss,

OPEEA HOUSE COMPANY. ANNUAL MEETING HELD.

The thirty-first annual meeSng of the Wollinirton Opera House Co., Ltd., was held yesterday. The retiring directors, Messrs S. Gilmer and J. H. Flockton, were re-elected, as also were the auditors, Mr W. C. Stephens and Mr El Buchloz. A further" dividendof throe percent., making six per cent., for 'the year was decided on. . The chairman of directors, Mr W. H. P. Barber, addressing tho meeting, said hat the company's small margin was due' to the exceptional conditions arising out of the war. The earnings of the company 'nriTiir tho.war period had been, restricted, probably more than any other undertaking, factors being the difficulties of ...i tidihit ami the dearth of theatrical companies. The company, had to pay an additional £OOO per annum in land and inoomo tax." compared with pre-war figures, but with the end of the war and peace conditions in sight this would prob•iblv b© reduced. waihT mining deal Press .•'•■'■ ~ : "+;nii. AUCKLAND, May 7. The salo of the plant and property at Waihi of the Waihi Extended Cpmpany to the Waihi Grand Junction Company was confirmed at a meeting yesterday. The purchase price is .£6700 net. Ihe Extended Company's ground adjoins that of the Grand Junction Company. A dividend of Is per share w,as declared by the Waihi Golfi Company. COMMONWEALTH NOTES AND RESERVE. By Teloeraph—Prpss Association—Copyright MELBOURNE, May 7. The Com- >ith note issue is now ■£55.918,72;;. die gold reserve J324,366.015.

Buyt >r». Seller*. X a. d. £ B. 0." Minms — 0 8 0 2 3 0 2 4 0 in vestment — 6 3 6 15k. N.£. C-*3 Gs 8d) ... 13 17 6 18 10 0 Bk. N.Z- 13s 4d) ... — National Mortgage ... 11 7 6 4 1.6 0 5 16 0 — 6 12 6 10 0 0 10 0 0 12 0 0 Napier Gas Co. (.£10) Napier Uas Co. (pref.) \Vn. Meat Export (£A) — 4 10 ffn. Meat Export <X2 — 2 11 0 2 0 0 114 ~~ — — 7 12 6 Wn. Woollen (pref.) ... 1 4 9 *4 15 0 1 11 6 tl 6 3 ♦Sale reported, .£4 15s. tCum.