COMMERCIAL.

Auckland Star, Volume XLIII, Issue 201, 22 August 1912, Page 8

COMMERCIAL.

Auckland Star Offlce. Thursday, August 22. e -slacknesd which lius prevailed lv coaiJKTircu* for eomo UUi.: past has b^ tte , .Jf/'iij "iittiid l»*'rly I '"' uuU aru l< " iaa i »■ if mi i" '- lv ' n " jiu • lvi; i |l 4! l -'- Tiiere 10 ' niriti'ii ..unron'Uii-ul lv the tone cv iLuliy' uuxim*.-, Luc r.uus in improved °?™i ul-iivus uciue lULproviu uy f*™«Bt'|l|*l 01 i" IL ' weauier. it la now SLelo'U wugoii* and <■««« lulu comCon in oiuces Wtiere all winter packjiavcb.cn mc only mean* ot "rowu 'Uiil suburban trade is fairly satisfactory, but there is <pleuly of room lot a £t f l ."(ias"war.'ui'ui*inpu report Uiat the r. '". summer twuls which have beeu Sided dwius o l^ r , "A£ ,< SS "ta MP v.S summer's "trading In their lines "with and crockery and fancy gocds Merchants business has improved some- £&.,. After Somi'nH««r many shipments o: iv>d- .<■«'■ tin. , curisi-mas Made are due, •Jblra Vill wane a vast difference to imnor'ttTS of ili**lines. Ciemiste ami druggists hav<> been fairly M sy all winter. and at In? present time reoort trade steady. The contracting and building trades aire pill boomlnp. and hardware nn-1 ironmon«erv merchants, are iiiso very busy. The wharves are very qiik-l, and there Is an absence of heavy shipping iv port. Linseed Oil.—Quotations received for immediate shipment from lEuglnnd indicate a rise of one halfpenny per gallon. Tapiocas.— from Singapore 6how that the seed variety has fractionally nd■MißCC'd wailn t.he pearl and itake varieties Jmve defined slightly. There is really no motahle change, but it Is an Indention of how tie market is tending. pepjers am still firm, but latest quotas tlons are temporarily easier. Piiifapplcs.— First (trade Srnjfnpr>res allow no clin-iiei , . earl the shipment due shortly Is nrantfd bad/y to replace local stocks, which arc very low. lima. Benn*. —The first of the new season h.is Just arrived in a very satisfactory eomiiJon. ami although the pTiep-s tire tot firm, J fair amount of business has teen done Id this Hue. lim»Jnice h:i;i been reduced ■Jα price for genuine West Indian crude for next Eommer. Sulphur.—With the decline In price an Improvement In the demand has set in. Split peas and lentils are still very firm Md advancing, ajid a decline is not anticipated in the near future. (.'ream of tartar has reached a higher poult iv price than in any previous year. Slid at the present time tlattre is no s ; "n of a fail. ° With liner weather it is anticipated there ■Kill be a revival in the flax Industry, as tie prices now offering should cause many of the aiills that 'Were closed down during tlie dull period to resume operations. It is only lack of supplies tihat prevents more •business being down with London, as the market there is still reported to be steady Timber mills are kept busy, as there Is still a lot of buiidins froing on in the city and suburbs. J a splie ~f tie fact flat sudh lar?e numbers of houses have been built during the last few years there is still dimcnlty in securing a desirable (hveliiujr at a reascmaDle reui. The real posl-Uou at lue present time appears to be ilun people axe more desirous of selling houses than letting them.' In Takapuua and oUjit suburbs of Auckland bulldtog: is going on apace, and as there are almost no empty dwellings population must be coming' rntn Auckland Meet of the grades of kauri gum are in request at the present time, the exception twins good bine ks, wjitcli are n-ot sclltmr so ■w*U. Good East Coast is readily placed also rescraped bush and ordinary ' On the average business has been quieter in milling aliares since la«t report, there ■being »*er transition* in higher priced lines A snddr-n demand- sol in yesterday for toon shares, and the transferrins of close on 10.000 raised the pri,-e from l<« to 1. , Knraiinl-CaledOTiitns rinned up to SS^il^'^ 4, J* d a!a "is fiold it 2/ i/? 1/H. >ew . lTlas remaineii steady at J/8 and Occidental Consolidated* appear uMy to move upwards, as th<re has been some steady buying at 1/ and 1.1. Vf,Uransi Consolidated shares were placed at 1/2. and Watchqnanß at V during the week Several Jnes of 11-oss CMd-flelds TvTre sold at 0/0 and l. ami more could 'be placed at tie former flgure. Progress s-hnres arc aJeo wanted at 6/9. Crowns are easier this week, the buying figure having di-opped to 2/3, tat Talismans are still wanted at 41/ Several small lots of Wafhi sharps ■were sold at 35,, and buyers still offer 3d under tlat price. Walhi Grand Junctions 3iave Eoldat -'1/0 and 21/9. Investment crocks are steady. National Banks, after celling at £5 111/6. are now *ant«l at £6 0/6, but no seller quoted yesterday. .New Zealand Insurant-? sold and «re still wanted at »4/, and South British. Sitpr selling at 7fi/3, are now in request at 76/6. Ain-klaad Gas sold at 65/3, and new issne are wanted at 61/6. Northern Steam firmed slightly, -being nerw In request at </4. rniou hteain, aXter eeUiig up u> 48/ ar<> mm olTer«l a eliHlliig lower, but 46/ 1« tie -buying quotation Buyers of ordinary Kaiapoi Woollen shares advanced from 104/ to 1(17/ without sales resulting. Potatoes.—TJie market is reported exceptionally stronj; at Che present time, Sieavy business for Australia i>eing done Iv the South Island. A shipment of 20 000 sacks left New Z«rl«nd since last report. and lauded in Sydney in good order. The shipment sola at from £11 to £13 per ton. Very heavy business has beeai done in potatoes for shipment to Australia nest September in £7 to £7 10/ per ton f.o.b. in the *onth. All quotations have now advanced to thai rate, which, means that higher prices must rule for potatoes as Uio result of this heavy drain upon tile Dominion's supply. Already the local price has advanced £1 per ton, ad it is quite certain yew Zealand cannot stand this Australian demand. Another feature -which must not be lost sight of in considering tie outlook is that, owing to the cold weather experienced in Auckland this season, the crirp of new potatoes is backward this year, and although, a f!"w Immature ones are on the market the real supply of new will not be available nnu-h before nest October. That nKsins Auckland will require to buy old potatoes f..r about, another couple of months, and prk-es later on must certainly advance.

■ Onions.—This market is now bare of onions. The lirst of the new Cairfornian onions arrived yesterday by the llauptri, transhipped from the San Francisco mail steamer at Wellington. The quality on the whole is good, and the price remains firm at 20/ per cwi. at "which figure the lota which arrive are readily placed. ■Maize.—Supplies continue to come over from Sydney, n ud arc selling at 4/8 to 4/10. local new m-aize varies considerably in quality, a lot of it "behvg soft yet. Oats.—The local market for oats remains dull, and prices show no alteration. Ad■"cea are to the effect that there In a little English, Inquiry for oats, but the trouble » to get freights, as, owing to t.he strike delaying vessels in Ijon-don, comparatively few are now In New Zealand water?. fowl wiieat is still selling -well at 4/5 to VC.

Milling wheat shows w> <iMinpn this week, business being only of a hand to mouth description. Sepiis.—The spell of fiDe weather has enaWc-d good work to be done by f~— °rs IB the way of getting land under potatoes and oats. Algerian wed raits have advanced to 4 . owing to dressing costs proving heavier than was anticipated. There is a little inquiry still for while Tuscan se<*\ ■Wheat and Cope Barley, Grass ami clover •eed« are meeting with hotter sale. Chaff Is r-asi.-r owing to rhe free supplies 'ent In anil, in coroioniM'noi', has declined Vβ per (cm In price since last report. Stock* ttrouirnout the rlinlrk-t am still 'arse. Feed barley is in fair demand and some*lat scarce. Manures.- slag is in exceptionally ehorr supply, .wing to the delny in shipment from London. Hune rlust is also rather scarce ,I\:et now. Superphosphates are in E°oo demand, unci spprial manures nre also tteetinjr with ennl ] inquiry, tills being the ""sy season on the farm.

MARKET REPORT. The Nojy Zofilnnd Loan mm Mercantile Aceccy Co., Limited ami Rpilucol. report as follows :— Oats.—ln Rood demand nt 210 to 2/11, ex store. Wheat.—Salrs steady at 4/0 to 4-7 ex store. Bran.—Market easier an l ! rates £5 5/ to £ 10/. ox i=tore. ■■Pollard.—Very easy demand at £6 5/ to £6 10/, bs sto-o. Chaff.— Market heavily overstocked with roral supplies, and i<nl;.- prime mUcnble at »ny fair ,-i,.,.. Southern Iv strong demand *t late rntos. Butter.- I'iK.i-f, Hid: firs! <rr,l<ie. 10?(i; second -ratie. ir»]<l to lOJrl; poorer qualities, £ °r n-JHir.s, njr] to lnd. Fuiifus..—v,.vj- small supplies coming to Mad. puce nominally Hfi. Hj,

CURRENT FKICES. Farm and Dairy Produce. — otter, factory, l/i per Ib; fresh epgs. M per dozen wholesale: cheese, farmers' from 5d to 6d per 11), factory 6Jd to 7d; bacon, sides 9d; hams, 9jd. Floor, £10 15/ (less discounts); wheatmeal, £10 15/ per ton (less discounts); sharps, fG; bran, £1 15/ per ton; oatmeal, IS per ton for ii.Vs wholesale. Grain.—Oatß, 2/9, ex store; Algerian feed oats. 4/; Tartur seed, 3/9; milling wheat. 8/11 to 3'lo, f.0.b.; fowl wheat, 4/5. •■x store, sacks In; maize, 4/8 to 4,10, wholesale linos, (in the wharf. I'haff. —Southern, .£»>, ex store; local, £4 12/0, country stations. Onions.—2o/ per cwt. Potatoes.—£B Hi/ per ton. Tim her.Ordinary building tiinuer, midressed, up to 24ft "long, Jin to llu or more In thickness, and from Uln to 1-ln wide, first-class 26/, medium 19/0, second-class 12/ per lixift; rough heart, 19/ per loOft superficial; surface planing, 1/ per 100 ft extra; planed both sides, 1/6 per 100 ft extra; three or four sides, 2/ do. Flooring boards: I'laned, leagued, and grooved, -7/6, 22/, 14/0. Lilniu'g boards: Planed, tougued, grooved, beaded or V-jointed, 27/, 21/6, 14/. ltusticated and special weather boarding, -•/6, 22/, 14/6. Ordinary building; totara, scantling, 15/, boards. 4AIn to 12in, 16/; second-class totara, scantling:, 12/; clean heart of totara for joinery, scantling, 23/; rough heart of totara, scantling, 16/; rough heart of totara, scantling, 6 x 2 and under, 16/; rough heart matai, scantling, 13/6; ordinary building riinu. boards, 15/(i: heart riinu scantling, 4/0; heart riuiu (framing and bridge quality;, scantling 17/, clean 20/; second-class rluiu boards. IS/.

HIDES. SKINS. AND TALLOW. Messrs Alfred Bnckland and Sons report:— •Hides.— Ox, 6Jd t.j 7[d; cow, D3d to 63d; call', tiid to iUd; kip, Hid to (H,<l; horse, IV; slags', r>Jd; damaged hides, ml to 4Jd. TiUlnw, -lii to aj/<5. Bones. •">/• llorsahaiT, 1/7 to 1/8. •vSkius.—iies-t butchers', U/8 to 8/; others, 4/."i to 5/11; dry aud country, large 5/3 M 0/7, good 4/ to 4/11, merlin in 3/1 to IVW, small aud damaged 1/2 to 2/11,

The New Zealand Loan and Mercantile Agency Co.. Limited and Kcdnceil, report as foKows:—We submitted ami sold extra large catalogues of hides, skins, and tallow on Tuesday, com peri lion being kecu for all lines.

Hides.—Market brisk, with good iuquhy. We quote: Extra stout ox VJd to Sid, stout 7d to 71<l, medium 6jd to <Hd, light Oid to 6id; cow, best liucti t>sd to bid, koOii iJjil to 6Jd. inferior ."Vid to 5Jd: stags, 5d to old; cnlfsklns, best to Hid, good 7*d to t>Jd; cut and damaged 4d to 6Jd. Sbifpsklns.— easier. 'Best butchers' .skins, large to 7/3, good lines 5/1J to 6/Ti. medium 4/6 to 5/3, small 3/3 to 4/; couutry dry and woolly skin*, large to 8/, medium 3/6 to 5/6, small 1/ to 2/6. Tallow..Market firm. Beet mixed to 28/, good JSJ/e to 26/6, inferior 21/« to ai/9; rougii far. lid to 2d per lb. Bones, £0. Cowtails. 1/8 per dozen. ■Horsehair, 1/2 to 1/94.

G. W. Blnney and Sons report:— On Tuesday we offered and cleared extra large catalogues of hides, skins, and tallow under brisk competition. Hides.—Market firm, with good competition. Ertra atont ox CJ-d to SJd, stout 7d to 7id. medium 6}d to &id, light 6jd to 6Jd; cow. extra good &Jd to 6id, goud 6id to KiJd, seconds 5Jd to Cd; stags, 4fcd to &i<J; kips, djd tr> 6Jtl; yearlings. 54d to 61d: calfsklus, best B*d to !»id, good 7d to 7Jd, meaty «d to l<id cut and damaged hides 3id to 4Jd per Ib.

Skins.— Market arm. Butchers' picked skins «/4 to 7/, large 5/4 to «/, medium 4/6 to 4/10, smell 3/B to 4/3; lamb pelts, 2/ to 2/6; country best skine 4/5) to 5/3, medium 4/3 to 4,6. smjill 3/ to 3/6: lamb pelts, 16 to 1/9; dry skins, large double fleeces, 7/ to S/3. good 4/3 to 5/0. medium 3/3 to 4/, small 2/ to 3/; best pelts lAS to 2/, small 1/ to 1/3; best lambskins lA> to 2/. small 1/ to 1/3; lamb pelts, !td to 1/ each. Tallow. — Market firm. Best mixed, in shipment, casks, 27/6 to 28/6, good 23/ to 25/6. medium 20/ to 22/0, inferior 18/ to 10/0 per cwt. Rough fat, Id to ljd per lb. Cow tails. 1/S per dozen. Bones, good dry, £4 17/6 to £."> per ton. Wool.—Fleece «ld to 7Jd. mixed s}d to «d, erutcMnjrs iid to JHd, extra clean s*d to 53d per lb.

STOCK SALES. Messrs Alfred Buekland and Sons report as follows: — At the Haymarket on Friday last we hß'l an average yarding of horßes, and draughts brought from £18 to £82; wagon and express sorts, £2» to £40; bnggy horses and hacks, £14 to £2i; 10/; light harness class, f!> 5/ U> £16 10': gig ponies, £4 10/ to £8 10/; light to medium unbroken horses, rising 4 years, £17 5/ to £20. Heavy spring cart, horse, and harness realised £57 .V; {rig, pony, and harness. £IS. At our weekly Westfleld dairy and store stock sale on Thursday. August 15. best dairy cows made from £0 10/ to £12 15/. others, £5 15/ to £S 10/; empty cows. £3 10/ to £4 7/6; calves, £1 10/ to f2 10/. The advertised wethers brought 19/6 and 10/9; poor-conditioned ewes, 12/; hoggets, 12/ to 14.'. We held a special sale of dairy cattle In the Itunciman Yards on Saturday, August 17, and had a large entry, but the greater number were of an inferior class. Good cows at proQt sold freely at from £!t to £11 10/; more backward sorts. £6 10/ to £8; springing heifers. £5 to £!) 10/, according to quality; aged and faulty cows, £3 15/ to £5 10/. There was an average muster of stock at Pokeno on Monday. Buyers were present for "nil classes, and late values were obtained. Dairy cows, £0 30/ to £10 15/: fat cows, £5 17/6 to £7: empty young cows, £3 15/ to £4 8/; store cows, £3 to £3 15,'. We held onr usual monthly sale in tie Runciman Yards on Tuesday. There was a full yarding of stock and a large attendance of buyers. Fresh-conditioned three and fonr year old steers. £rt 17/ to £8 1/; 2<! to three year olds. £5 in/ to £0 15/; ISrnonth to two-year-olds, £3 10/ to £1 15/; yearling steers, to £3 2/: strong calves. £1 18/ to £2 0/; smaller sorts, 18/ to £1 15/; fat cows. f5 10/ to £ti 17/6; empty cows, £3 15/ to £4 12/6; yearling to 18-month heifers, £2 15/ to £5 I.V, according to breed and quality; dairy cows and heifers, £4 10/ to £10 2/6.

The New Zealand Loan find Mercantile Agency Company report holding their usual weekly sale of dairy anil store stock at Westfleld ou Thursday. There was a good yarding, and ruling prices were realised. Best dairy cows and heifers, close to profit, sold at from £7 15/ to £11 10/. others £4 10/ to £(i 15': empty cows, £2 17/0 to £4 4/; heifers. £2 10/ to £4; calves. £1 12/ to £2 0/; forward wethers, 18/11 to 20/; empty ewes. IU/6 to 13/. At the Albert Yards on Friday horses came forward in larger numbers than usual, nud sold under steady competition. Heavy drangbt horses sold ot from £29 to £41 10/. medium £18 to £25; hacks and light harness horses £5 10/ to £17. The unbroken coifs and fillies from Motttl sold at from £10 to At Waluku on Saturday we held onr usual monthly sale. There was a full yarding, and prices were the same as late quotations. Best dairy cows and heifers sold at from £7 to £1)- others, more backward, £5 to £6 12/6; empty cows and heifers, £3 1/ to £4 2/; yearling heifers, £2 12/ to £4 8/; calves, 20/ to £2 2/0: two-year-old steers, (o £5. \t Ueii'lTsou Yards on Monday we held our usual sale. There whs a full muster ot stock and a satisfactory snip resulted. Dairy cows and heifers sold at trom £5 to £10 15/: empty cows. £.-'. to £4 lft/: heifers. f2 10/ to £3 15/; grown steers. £6 to £7 2'; calves, £1 10/ to £2 2/: beef at Westfleld rates. At Tukekohe on Monday we held a special horse snle. when 133 horses came forward, and out of which !>4 were sold. Competition was keen for young, .sound sorts. Heavy draught horses sold at from £23 to £30; medium draughts. £1S 10/ to £30; light harness horses. £10 to £27; hacks, £8 10/ to £25; cobs. £7 10/ 1o £14; ponies. £3 10/ to £10; weeds. 20/ upwards: unbroken draught colts and fillies. £18 10/ In £27: hacks, £8 to £15: yearlings, £3 10/ to £8.

WESTFIELD FAT STOCK MARKET. ' 1 Tlie Loau and M.ereantiie Agency report: i At the Westfield Yards on Wednesday fat cattle came forward iv average numbers. The quality was first-class, although only li"-nt-weights were yarded. Best oxeu sold to :v>/ per 10011). others 27/ to 29/; cows and heifers. 23/ to US/. Steers Bold at from £;) 7,/ to £15 2/6; cows, £3 to £0 15/; heifers. £5 "i/ to £10 13/. Veal came forward in large numbers and sold at late rates. Heavy veaiers £3 10/ to £4 12/; medium-weights, £2 to £-■ IS/: others. 20/ to 33/; smaller and fresh-dropped. 3/ to 14/. Sheep came forward in less numbers than the previous week and declined In price from 1/6 to 2/ per head on inferior fatted, best quality Gelling at lute quotations. Beat wethers , sold "at frwa 24/0 to 37/6, otters 21/ to \

US/a; lufeiler fetted. 18/8 to 1»/B; beary ewes 18/9 to £1 2/», othere 13/8 to 15/»; hoggets, 12/1» to 15/9. Pigs were yarded In nsuul supply and again sold at nigh values. Eaooners, £2 18/ to £4 2/: large porkers, £2 1/ to £2 15/: porkers, £1 10/ to £1 IS/, weaners, 15/ to 18/0.

Messrs PaLgety and Co., 'Ltd., report bavins held their usual weekly fat stock sale at Weetfleld on Wednesday, August 21, as under:— Beef.—A good yarding, and prices were on a par with last week's quotations. Choice pens of extra heavy prime ox sold aY equal to 32/ per IOOTh, prime at equal to 2!*/, cow and heifer beef at 23/ to 27/. Veal.— extra large number were penned, wnich sold at equal to last week's Miles. Heavy runners sold at £3 15/ to £4 10/. choice suckers at 38/ to 56/, others 3/ to 23/. Mutton.—A .large yarding: prices were nrio-ut 1/e per head lower than last week's quote. Extra heavy wethens made u> 'Si/, ruedinm weights 23/ to 23/, light and unfinished 10/ to 21/. Lamb.—A fair yarding. Good woolly fetched 13/ to 15/6, email 11/ to 12/, spTlng lamb sold to 20/. Pork.—A fair yarding, whlcn cold again at late current rates. '

Messrs ALfred Bu.-kland and Sous report: Ou Wednesday, at our weekly Wesrfield fat stock market, out supply of fat rattle totalled 354 head, the quality again being first-class. There was a steady demand throughout and values were firm. Choice ox sold to £1 12/, prime £1 8/6 to £1 10/; cow and teller, £1 3/ to £1 8/. Steers ranged in price from £7 10/ to £18 2/6; rows and heifers, £4 10/ to £10 12/fi. The cbampiOD heavy-weight bullock of Mr T. E. Ila.vr. Three Kings, realised £27 f>/, and was purchased by Messrs It. and W. Uel-la-by, Ltd. This'price Is a record for the Dominion. Two trucks of really ohoiio sUecrs from Mr J. S. Browne, Bun]K;de, Hinueni, averaged £15 R/6. Fat and young r-nlves, penned In increased numbers, sold at late quotations. Runners, to £5 6/: heavy suckers. £3 s/ to £4 £>/; medium suckers, £2 5/ to £3 2/; light, £1 S/ to £2; sniflll find Trfßh-dropj>efl. 2/ to £1 3/ (105 mild). I'Vu sheep came forward in average minilwr«. Couvpetilion was less keen Uian at the last fen- markets, ami on the whole prices were from 1/0 to 2/ below recent wUi>k. Extra heavy prime wethers. £17' to £1 9/6; heavy prime. £1. 2'<\ to £1 5/; medium to heavy, 10/ to £1 2/- lißht and unlinished. 16/(1 tn 18/6. Best heavy prime Pwea IS)/ to £1 0/3, good 15/ to IS/, others 18/ to 1-1/0, poor 8/ to 1.1/6 (1.748 soldi, novels: Hest, H/Ti to 17/3; others, 11/ to tSAi. SpTlng lambs, tie first of the season, from Mr C. Khodes. of Million, and Mr It. Henwood, of Mancere. £1 to £1 3/3. Pips of all olaSßen were represented, and sold readily at prices which were equal to anything experienced at the yard. ("hoppers, £5 10.' to £0; heavy bacmieTS. £3 14/ to £4 1/: lighter. £tl 5/ to £.?, 12/<i;

large porkers. £2 12/ to £3 3/: smallvr, £1 15/ to £2 10/: slips, £1 1/ to £1 !>/; ■weaners. 16/ to £1: weedy. S/6 to 13/; sow with nine vounj;. £6 7/ (138 soldi. The Farmers' Co-operative Auctioneering Co., Ltd., report:— MATuVJIATA HOUSE SALE. At Alatmnata. on Tuesday last, we held our opening horse sale. The entry consisted of 1&3 Jiorses. a good lot of draughts and spring sorts, but 11 poor lot of hacks. There was a good' attendance and brisk bidding for good sorts. l>nui)fh.ts, unbroken 3-year geldings, made £26 ltv to £34 10/; unbroken flllies, it years, £2«) to £27 Xi/; half draughts, unbroken. £U to £19 10/; fnran mares, 4 years. £:sl to £47 10/; farm geldings, 4 years, £41; fillies 3 years, £32 to £46 10/; spring earl sorts, £15 to £25; hacks, £16 to £17 10/: ponies, £4 to £0 10/.

NGA-RUAWAIUA SALE. At XEanrawahLa, un August Win. we had an entry of tMB head of cattle and 518 steep. Competition was fairly keen. Four pens of forward steers made *£7 14/ to £9 12/; three pens eteers not so forward, £7 3/ to £7 9/; fat cows, £5 15/ to £« IT,': 2}-year steers, in forward condition. iO .V; yearling steers of a good class Off turnips, £3 6/ to £3 10/: those In backward rendition, £2 .to £.-2 12/; store rows, £.'! 7/11 to £4; good dairy heifers, £6 10/ to £S 2/0; backward hellers, £5 5/ to CA; forward wethers, 21/6; store wethers, IS/; hojrpcts. 13/3. MORRLVSVILLE SALE. iA-t 'Mnrrhisvllle. on A-ußint l«th, we had an entry of 1,010 sheep and 47:2 head of cattle. Sheep were n little easier in price than at previous sales, hogjrots being fully 1/6 lower. Fat cattle sold well. Fat mothers made 21/ to 23/3: forward wethers, 18/! fnt ewJ-s, 13/ to IH/tj; fat ho?geu?, 14/ tri 16/; store hoggets. 11/ to 15/; fat steers, £8 11/ to £9 13/; fresOi steers, £S 1/: throe heavy steers made £13; prime fat heifer*. £8 10/ to £0 30/; fat nws, £6 to £7 .V; 2-yenr steers, £4 1/; empty 2-year he.lfera, £.1 18/ to £4 5/: yearling steers and heifers. £2 15/ to £3 6/: poorer sorts. 'M/ to 45/; beet dairy •helfern. £7 5/ to £!>; lartiraril heifers, £.", 5/ to £6.

AUDINGTON. (By Telegraph.—Press Association.) CHBISTCHURCn, Wednesday. At Addington there were good entries of fat cattle, fat sheep, uud pigs, but small entries in other departments. Store Sheep.—Hoggets, good ewes, 16/ to 17/; a pen of pure-bred Leicester ewes being passed at 10/6. Good wether hoggPts. 14/6 to 16/: others. 10/4. For culls, to 18/6 was oil'ered for very medium classes. Ewes: Nothing special penned. Fonr, six. and eight tooth medium, lit/11 to 20/; two and four tooth, 22/ C; six and eight tooth, 21/11; full and falling mouth. 14/1 to 19/3; two tooth (empty), 15/7; and merino ewes, 14/3. Wethers: l-'our and six tooth (good), 18/10 to 10/; two, four, and nix tooth tsmall), 17/: two-tooth (small), 30/. Fat Sheep.—Prices ruled on about the same level as at last stile, ewes especially bringing good value*. The competition or graziers for unfinished wethers moterinily, assisted to keep the market linn, and they I took nbont 2.000 at 18/ti to 22/. The range of prices was: E*trn primp wethers to 29/: prime, 21/ to 25/: others. 18/ to 20/B: oxt.rn prime ewes to 26/H; prime. 18/6 to 24 : others, 1.1/0 to IS/: merino wethers, 15/8 to 22 '10: boggets, 15/ to lit/6. Fat Cattle.—The range of prices for beef was 20/ to 37/ U. Steere realised £7 15/ |o £10 10/; extra to £10 10/: heifers, £7 to £10 13/; and com, £3 17/B to £9 7/ti; extra to £14. The yardinp; of store cuttle numbered about 2CO, but despite a good market a number of lines were passed, these including three or four lines of three-year steers. Fifteen to IS months sorts realised £3 0': two-year heifers, £3 15/ to £4 4/; three-year steers. £C 15/ and £0 17/6 (passed; three-yenr-year heifers. £4 10/ to £5 10/ (passed); "and cows, £2 10/ to £1 7/4. Dairy cowsmade £4 to £0. and extra to £10. Fat Pigs.—Choppers realised £3 10/ to £6: heavy baconers. 70/ to 76/; extra to fO/; and lighter sorts, 5.V to 0."./ (equal to s{d per lb). Heavy porkers brought 42/ to 48/; anil lighter 30/ to 40/ (equivalent to T,MI per lb). Stores were in full supply, and the nemano was exceptionally brisk, all descriptions being eagerly sought after. Large sorts made 40/ to 45/': medium, 80/ to 38/; and small pigs. 23/ to 2!>/. Weaners were very dear, making 17/ to 22/.

FIA'RM'BiRS , Fn.E7BKING COMPACT. The eight asranal report of tie Auckland Farmers' Freezing Company, Ltd., which will be rend at the annual meetiiiic I o.i Thnisflaj-. September 30. sta.tes that I stock exjicripd itirrlnK the year amount to:— Lambs. r>8.080: slie-pp. 6,."i01; cattlo, RtiS. while the total niimbpr of boxes of butter . rccerved dwiing the year ■was ,T35.0ir., being 8..176 tone. A summary of fho stock froaen ' for export since. t.iH> compaaiy cominenceil opera Is as follows:— Season. Lamb. Mutton. Boef. Plrs 1004-3 r>,4o-t Kis KIT lfK>s-e 3e.fi47 028 i<572 ! i!ir«-7 88,ri20 21S'J CCAr, i lflir7-8 R0.502 1271 4wr r.ioi I'.HIS-fi R7.471 74(11) 23fTi inn lfKl»-tO e<1.07. , ! ««■>( 027 |inio-ll RO.U7 7to lssi 1872 I ion 56.0&.-. ecoi sos 01 j From time to time reductions in the. price • for frpcziDS. more pnTticulsrly in I beef and butter, hare been marie, the total I of thos<' reductions to date amounting to £5.440 on beef and £9,780 ou butter, in all, j £15,220. This amount .represents a verr | hanijsome saving to the farming community, ' and the directors are pleased that they have been able to work the concern with sufficient success as to have beeai able to pay regular dividends to shareholders, "and at the same time save so much money foir the producers. During ! the year the directors prepared a special ctLHliEgToom for cheese, and the results were most satisfactory. The cheese exported I from Auckland had been received in excel- | lent condition by the steamers, and the ! savin? from loss of weight had been, con- i Kiderable, the sweating of the cheese at I Auckland Saving been stopped by th use i' \ of the duller. After making tie -usual pro-1

vision for depreciation of buildings and plant, there rwueiiis the sum of £.%529 17/1 profit on the year's trorfctng, which, with £2.575 l/lO brought forward from last year, leaves £6.404 18/11 to he dealt wfth, -which th directors recommend allocating as follows: pay a dividend of 8 per cent, £3.606: to tranFfcr to reserve fond, £500; to carry forward, £2.398 18/11. Mr. IT. E» Worsp retires from the directorate by rotation, and having been dniy nominated, is th« only candidate eHgible for TV* election.

PAPAttOA COAL MINES' CO, WELLINGTON, Wednesday, j Wlien the meeting of the company resumed this evening, it was announced that the £35,000 required under agreement with the debenture holders had been ellKhtly over-subscribed. Tlie meeting accordingly decided not to po Into liquidation, but to proceed at once with the encagrement or staff, and the development of the mine. The directors will rail another meeting of shareholders shortly to give them an opportunity of electing fresh men to the directorate bo desired.