THE AMERICAN WHEAT CROP

Press, Volume LXVI, Issue 13742, 25 May 1910, Page 3

THE AMERICAN WHEAT CROP

Figures presented l>y tlic April crop ! report or the Federal Bureau of Statistics (says the "Chicago Farmers' Revieiv") indicate a decided shrinkage in vij!U>r wheat prospects. The condition of the growing crop is estimated at 80.8, compared with 95.8 last December and 82.2 a year ago. The t<-n year average for April Ist is 86.6. ~Tne gieatest losses are in Kansas, Nebraska and Missouri, a decrease of 28 to 32 points being registered for those States.

Conditions are about normal, in sections ea&tof the Mississippi. .The report takes no aceonnt of the acreage abandoned as the result of poor condition. The crop indicated by the figures is 473 million bushels, compared with a promise of 424 million bushels a year ago ami a final yield estimated at 446 million bushels. This yield estimate suggests the expected increase in winter wheat acreage. Winter losses will probnoly reduce this acreage considerably, but how much can only be estimated from later reports. "While the trade received the. news as bearish the break in prices is not likely to interfere seriously with frture quotations. KAXGIORA. There was a good attendance at the market yesterday. In the yards there was an entry of 4000 sheep, of which 3000 v.ere fat lambi and 500 fat wethers, 100 catile. ami 120 T>ijr«. Prices were: —Prime fat lambs Ms Gd t.) 15s 4d, lighter 12s Gd to 13s frl, fat wethers 15s to lGs 9d. fat ewes 10s Gd to I.ls, forward ewes 5s 6d to 7s, tivotooth wethers 10s Gd to 12s, store lambs 6s to 7s 6d. Cattle—Fat bullocks £i 10s to £9, fat heifers £6 10s to £8. fat cows £-5 10s to £7, thre«-yeai-okl forward bullock; £5 10s, two-year-old £3 10s to £-1 15s. £2 tis, calves 30s, springers £7 to £9 os. Pigs—Baeoncrs -los to 60s. porkers 35s to "38s. stores 18s to 20s, small pigs 3* 6d to 10s. In the .'./rodiice yards:—Heavy crossbred sheepskins to Bs, mediuni 4s Bd, lighter 3a. merino skins 7s, lambskins 4s 7d. calfskin* 2s 6d. bidos sid. wool crutchings. (id. fat 1-Jd. Poultry— lioosters l=; 7d couple, liens 2s (sd. ducks 4s Gd, geese os. Chickwheat 3s Cd por bushel, oats 2s lid, barley 2s Cd. beans 3s Gd. pigmeal 10s sack, pea meal Us. bran I';, sharps 7s, |>otatoes 9s, carrots 2s 3d. onion;? fid string, ap.ples 3s Gd case, pears 2s 3d. ASHBURTON STOCK MARKET. Tho ordinary weekly stock sale held at the Timvald yards yesterday was well ' attended, and the yardng. which comprised chiefly fats, was a good average one for the timo of year. The total yarding coi:si.sted of 6-137 sheep, as follows :—2258 fat ewes. 315 fat wethers, 2649 fat lambs, aiid 1215 mixed classes of store sheep. Fnt sheep were again keenly competed for, and, with one or two exceptions, the whole of the yarding changed hand.s at prices well u,p ti previous sales. La miss again formed the bulk of the yarding, and tilie quality was exceptionally good, prices ranging to 15s 9d, a few extra making 21s; ewes made nn to 12s lid, and wethers to 18s (3d. Prices obtained were as follows: —Prime freezing ewes I.ls to 12s lid, nmdiuni quality 0s to 10s_10tl. light and inferior 5s Gd to i?.s 7d, best freezing wethers 15s Id to J. Si G<:. others 13s to 14s 7d, prime freezing; lambs 1-Ip to IGs 3d. medium wight* 12s io 13s 9d, light and inferior 8* Gd to 11s Gd. Principal sales were:— 1'Vf:;: G'3 at Bs. 01 at 1° 58 at 10s 7;.1, <i 3at 9s 7d. 50 at 10.s 9d. Jβ at I 11s Hi. 102 at 12s 7(1 129 nt 10- 3d. H"'.2 at 10* 3d, 182 at lls Gd' IG7 at 11s 10d, 121 at 125.5 d. 37 at 12s lid. Wothei": 2> at los- 2<l. 24 14s (k}, " at 15-, 3d. .92. at Ms 7d. Lambs: i ! 00 at 13s. IBS nt 12s. 10S at 14s Gd. 80 at Us. 87 at 14? 9d, 107 nt 13s Bd. 17(3 at Its 10d, 371 at 13s Id. 217 nt ]-!v 2d, 82 at 15s 9:1. 49 nt 16s 3d. The yarding of stores was a small one, and although prices wore at bedrock, a bett'!- , tom> .yrevniled. and, with one eseiption, er: v ry lot rffored was sold. Snlos w(!e: —G9 lialfhved binlrj (m«,tly wethers) 8k Gd, 39 aged half and threof(uarterbrcd ewes (free) 3s 9d, 2CO ■c:itto and G nins 4.- Id. 191 hp.lf and lambs (mixed sexes) 11s 3d. 283 hnlfhrsd lamb? (ditto) Gs fkl, 244 ditto 7.« lid. There was a go<i<l yarding cf store cattle, but the only enquiries were for springers, which sole! nt'tho' following prices:—£3 17s 6d, £4 ss. £4 10s, £5 7s- 6d, £5 10s, to £7 ■r-i. Only two fat= wore varied, a cow bringing £G 15s and a heifer £5.

STOCK AND SHARE QUOTATIONS . The following fire- the latest qnotntions as rpvised bv,rMossrs- R. Hill Fislter nntl Son, 179•;Hereford street, Christoliureli: — • ss.f £s i fi= . - Slock :r =;= =• ' 3-S j MnrU** I 1 J. ! 'S-j. • i> J; : Prine .' ■ j a. j 3. j—' — 1 Ranks- j K. il ■ £ ». 'I AiisirolxKi-i . .j 40 ■ "50 1 : 112 0 ') Nii(i..i,,,|.if \\Z. .. 21 .!5 '3 517 6 New Siiiilli \Viil*s I 20 ! ?0 13 ' " 45 10 :) . NchZ-.iliiii.l ..i 3i !31 ' 10 1 6 Unii.Miif .Ui-.lmlin ,2J , JO. H 66 U v , Htiriu.rea — . I' ! '■ ■' Ni.li»iu>l,< f.1.1. . J; 4J I- 1 ) ilB 31) Ni.\v JValnii.l. 1.1.1. a' 8 10 I' 316 0 Soul I, lirilixli l.l'l. ' Mm i 41 .39 ■ 3 6 0 niinili.nl, l.ld. ..! J ■ 10 • 13 6 I'niinere'C.i-.u.1.t.1! 2j' 2J ;.7 ; 210 0 «.ie— ■ I i ■ , ! All-U1..M.1 ..' 1 ' nil I7i 39 6 A-lilmrh.ii . ! '1i : i 9;6 5 0 Ci.risl.tl.ifr.riy ..,- 5 nil 10 I, VI t> V \u,n .. ~\ 1 ' Mil 6 12 0 (;i-l.iirni-.. ..: 1 ' nil I" cII >i llukilil.K . ..! ft i nil V 513 0 Nuiiier .. ..; 10 j nil \*> 14 0 v NVn rivmoMln .. 5 ' "'I ,IJ : 8 4.' l-iiiiiipr-ion N. .. 5 . nil 19 ; 7!5 0 I'm 1 CliiilmoM ..! 1 »il 'i' l ! I'lH I) -liinnrn .. - • ..I 5 ■ nil Id , 9 0 0 tVptlinKi.oll . ' 10 ■■ nil 10 !1717 6 ~ .. 6i 3< ,10 : 13 lv v Sliliii.imt— ' ' I ! NewZwln.i.l .. 8 I nil &1 ; 8 2 6 1-ni.ii. Slenm .. 1 ! nil l-9il' 1 13 3 Coiil- .1 »Ve*f|.or(, .. 4i ! i 12J 6 6 6 \\ e.xli.orl .Sl....:kt.)ii 4 ! nil — 0 7 0 T...i|.!ii .. 1 i nil 71 JOl9 6 1.CHT1.T.11.1 A»flll'.y— I U.-.liH-iviiti.l c>. .. 5 15 7 I 6 0 0 NnlfoiiHiAlorlKiijso 2 H >Hi 3« 6 N.Z. l.o*n to Aim. ' I 10* B.J 5 i 0 is J h.y.. Kivei- llnle I 1 nil H ! 2 0 0 IVrnmntnl. Invexl. ; 10 I nil 5 9 12 6 Mnuiiil Hern-lit .. 10 I nil | 7 j Jl 0 0 Cli.«;lt. llnil.liim j '0 "il ?i ! 11 12 5 K<|ttilnl>l« Kiiil.linc! 5.5 10 a 5 U Wll. "I'inii. Hi 1.0:111 8 5 8 7 3 6 \v,,. i 4 6 (J II 6 Mclio. l-einll... Wn.j 10 1 nil 7 12 JUS Wellington 5 nil t> 6 0 0 (Junleil.nry 74 I 24 6 7 0 0 Ci.ti'lclmrch 10 I nil 8 I l<! 5 0 Cear, Wvllinuion 1 nil IZi I \<\ U MfonelnintwiM— M»«o.i, S. Hii.l Co. I 1 nil 8 12 6 ~ „ „'< ""> 6 » 8!0 15 9 lloolli, .MucloiikM I 1 i nil 5 j 10 0 (ilrin'iiine ISriolc • Mi 6a 10 0 17 63 Ci.liiiilnlSii".»r ..' 20 nil 10 45 0 0 N.Z. Paper ..* I nil ! 7 | cxl 2 6 1>.1< , . Preler.'iK'.M ■ 1 nil 6 11^0 KaiuiMil Woollen .. 5 >.il 17 4 17 6s llnujjiel „ .j 3l| U 5J 32 U .■WelliHwlon.. ' ..i 4I I 6l 33 6 Ouinn.lt ~ .. 1 nil 6 j 1-10 Mill...in 1J.1.0 ..! 1 nil 10 I:2 9 N.Z. P. Cemeiil ..' 1 nil 12 2 3 6 N.Z. hnig J. 2 nil 7 2 7 6 Sluiluiml .. 1 nil 7j 12 0 N.Z. fiin.iers ..2 3 9 2 6 6b Cniilerljiiry Kiiriiir*' aj 2} 7 1 il7 6 nitiicuiiilientiil T\ 2j 2i 15 j 510 0 Simpson un.l Wins 1 nil 8 ■ IB 6l> 11..1. IVteki .. 5- j nil 5 4 .'2 6i. JlnnniiiKiinilCo...: 4 1 10 4 0 t> Wurd ami 00. „! 4 1 JO 417 0 Worre, llookley .. 5 nil 10 I 6 0 61> down llrewery .. '<*h nil 112 0 (.cjlhiiJbO'U. Uo. 1 nil 7i J 4 6 Uonavliy Uoiie .. nil 6 ! 5 J» NVaihi (Jol.l .. 1 nil )8 8 16 6 WaihiU.l.Junulion 1 nil nil 1 14 0 Thlhm..ui» .. ia, 2, 7s Cl 5 U Ml I.yelli .. 1 nil 3» 6<t 1 .'4 6 tleroulee ..6.1 2s 2»- 0 9 6

'Dividend per 6bare per annum, b Buyers, » Sellers. Course of sales since 20th mat.: —New Zealand Insurance, 765; Taupiri Coal, K>s Cd; New Zeaiund Papers, 22s 6d. AUCKLAND STOCK EXCHANGE. (FRESB ASSOCIATION TELEGHAM.) AUCKLAND, May 24. The following business wa3 done at the first call to-day:—May Queen. 4s 7d; Sylvia, 4s; Saxon, Is KkJ; Waiotahi, 4a; Consolidated Goldfielda, 21s; Hauraki, 4s Ed, 4s sd; Talisman, 49s 3d to 555; Waihi, £9 to £8 17s; Grand Junction, 345, 33s 7d; Wilson's Cem-ent (ordinary), 47s 3d. The following business was done at the eitern.oon cull:—Old Alburnia, lid; Consolidated Goldfields. 21a; Old HauraJd, 4s sd, Is Cd; Talisman Consolidated, 555; "Waihi, 177s 6d, 178s; Waihi Grand Junction, 33s Gd, 33s id; May Queen, 4s 7d; Watchman, 2s; Auckland Gaa, 70s; Milne and Choyoe (Jts preferential), 23s Cd; Wilson's Cement (ordinary), 47e 3d; South British Insurance, 645. WEIiLIXGTON STOCK EXCHANGE. (press association telegkam.) WELWXGTON", May 24. To-day's mining sales were:—lo a.m.: Waihi, iS 16e, £8 16s 3d ('Change). Noon: Talisman, £2 14s 6d ('Change); Waihi, £8 lGe Gd (reported!, £8 17s £d ('Change); Kose, 12s, 12s 3d, 12s 6d ('Change); Waitangi, 2s 6d (reported). 3.15 p.m.: Old Hauraki, 4s , 6d (reported); Saxon, Ls 9d (reported); Talis- i man, £2 Us 6d ("Change); Rose GoldSelds, 13» 6d (reportod), 12e 6d, 12a Gd ('Change).

DCNEDIN STOCK EXCHANGE. (PRESS ASSOCIATION' TELEGRAM.) DUXEDIN, May 2^. Stock Exchange sales; —May Queen, 4s Sd; Waihi Grand Junction (forward delivery), JEI 13s Cd. Sales reported:—Waihi Grand Junction, JEI 12s Gd. XI J 3s. £1 13s, XI 12l 3d, £1 13s, £1 13s 6d; Old Hauraki. 4s 6Jd; Weihi. £3 18s Cd; ldand Block, is 6d. MINING. A NEW KEEF. (SPECIAL TO "THE I'RESS.") GREYMOUTH, May 31. Although little has so far be»»n heard of the recent discovery of an unusually rich reef in the Pocru* district, Mr Sidney Fry, in whose hands the reel now. is, being anxious to thoroughly test it before placing it before the public, is continuing exploration and prospecting work, with highly satisfactory results. in one place where the reef was thought to bo only 2ft 6in in width, it proved to bo ift on being opened up, and carrying rich stone. The. find promises to be one of gTeat importance to (Jreymouth. MINING IX FIJI. (PRESS ASSOCIATION" TELEGRAM.) AUCKLAND, May 24. Mr N. D. Cochrane, the. mining engineer selected by the Nevv Zealand Government to fulfil a year's engagement with the Government of Fiji as their mining adviser, returned to the Dominion by the Navua yesterday, having completed his term. Mr Cochrane speaks not unfavourably of the mining prospect? of the Fiji group, where favourable atadisitc conntry rock occurs over ex!en«ive- areas, anu in some cases with outcrops. Mr Cochrane Vill remain in New Zealand for about twelve months, after which he will return to Fiji for another term, when it is expected that the mining industry, which at present is seckihg capita; i for further developments, will be m a more advanced stage.