COMMERCIAL.

Press, Volume LIV, Issue 16357, 31 October 1918, Page 5

COMMERCIAL.

4 TEMUKA STOCK SALES. There was a good attendance of farmers at the stock sales held' yesterday. There was a moderate entry of sheep, but they sold well, the prioea being well up to l&to values. The following sales were made:— _ Fat ewes—l at 30s 3d, 4 at 41*, 2' at 41s Gd ; 44 at 43s 3d,' 21 at 50s. Fat wethers —1 at 18s, &5 at 39s 6d, 21 at 41s, 1 at 42s 6d, 20 at 425, 43 at 435, 37 at 455. Stores—A line of SO ewes and. lambs were passed in at lGs 9d. •.There was a large entry of cattle. The condition of the fats was rather poor. The demand wm brisk. Fat cows sold at £6 2s 6d, SI 17s Gd, £9 13s Cd, £11, ,£l2 15s, 3 at £13, 2 at £16 10s. Fat steers at £13, £14 12a &£, £19 12s Od, £30, 3 at £17 Bs, 2 at £13 15s. Fat hoiiera |at £9. £9 10s, £10 ss, £10 7f 6d, £13, 2 at £12, 2at £12 12s 6d, 2 at £14 ss. Stores —Heifers, 3 at £3 ss, 2 at £3 4s, 1 at £3 15e, 1 at £1 3s, 2 at £5 2s 6d. Steers, 1 at £4, 3 at £4 2s 6d, 8 at £5 Is, 1 at £5 Cd. 2 at £G Bs, 3 at £7 3s, 3 at £7 .126 6d, 5 at £7 15s, 2 at £7 17s 6<i, 3 at £8 vlOs, 11 at £9 Ds. . , Dairy Cattle —Heifers £G, £7, £7 15s Cd, 4 at £8 2b 1* in profit £12, l and calf at £6 7s 6d, £9 ss, £10, £11 £12, £12 ss, £13. £16 10s, £16 17e 6d, £15,' £11 IPs, £7 los, £0 15s, Shorthorn bull £13 Calves—l each at 275, 335, 3<a, 2 at 255, .14 »t 40s. , nt t j The pricce obtained for Mr Jtclßty s 4 purebred Jersey cows were: —£31 30s, £22 10s, £2G,.,£08. , . , iU Thero was a fair entry of pig»> ana tncre a good dgmaiwi* Wostuers brought from 20s to 295, stores 35s to 455. Threo sheet* dogs were gold as follows: — Jack £5 7s 6d, Nell £7 17s 6d, Macs £7 12s Cd. SALE OF MOTORIC A I'. Jonea. McCrostic Company, Ltd., eold by public auction yesterday a five-seatcr Studebakcr motor-car for £OS>. LAND SALE. • The Jorte, McCrostie Co. held an auction sale of North New Brighton sections situated a mile and a half northward from the tram line, in their rooms last night. Twenty out of the thirty offered were sold, tho price® ranging from £20 to £27 each. Each section was Jth of an acre in area. The saleroom*! were crowded, and bidding was brisk. BUBNSIDE MARKET. (rsass ASSOCIATION TELEGRAMS.) DtTNEDOT, October 30. At Burnfiide to-day 188 fat cattle were yarded, the quality on tho whole being good. Competition was keen and prices were equal to late rates. The rang<> was as follows;— Extra prime heavy bullocks £36, £29 1S», prime*£23 10s, £25 10b, medium £20, £22 l<to, light -unfinished £16 10b,' £19, prime heifers £18 £19 10s, medium £16, £17 10s, light * apsd £11 10a, £14.

There were 2635 sheep penned. TSe • ia moat cases was very good, but the entry exceeded the demand, and the N sale dragged, throughout, prices declining 2a to 2a ©4 for primo ana more for light and. unfinished. Several were paeacd in. . Thirty-t.hroa lambs were penned, real mag 3Ss to Sss 3d. VICTORIAN WHEAT AT DUNEDIN. ATTITUDE OF •THE MILLERS. isriciAL to "xant nuMs") DUNEDIN, October 80. I A cargo of Victorian-growm wheat, described as above fair average quality, has xrrived at Dunedin, And was to-day being unVaaried, It jl id one of the shipment* purchased by tie New Zealand Government-, and it oomea -to a a market thtet wants it. But the Duwdis .millers will not buy this wheat at the price asked, G» 5Jd per bushel, because that is appreciably higher than the price naked of the Christehurcli millers, who got their Australia n wheat at 6a 4Jd deliverwi to the Biiws— equal to 6e 3d ex wharf at LytteUon. The Minister of Agriculture points out that t-lio Dunedin millers are allowed to chaise - jil per ton more lor their floor t*tt_ the Christchuvch millcre charg®, this permission being granted to compensate for the cost of railing New Zealand-grown wheat from Canterbury. The Dunodin millers' reply to this is that if they charged £16 10s per ton for their flour, they could not compete with the Oamaru and Timaru flour Bold at £15 10a. As a matter of fact. Oamaru and Timaru hftve previously out into the Duiwdui trade at au advantage, and it is not likely that ( the Dunedin millers will consent to a repetition, of that experience, eo they bare been Belling at £15 ss. The present position is the more aggravating in view of the fact that the Government, in fixing the prioe of Australian wheat, also, established the price of New Zealand wheat At from 5s lOd to 6s 2d, with the promisethafc if thoro vris a shortage, Australian wheat would be supplied nt equivalent prices. If the' Dunedin millers purchased this wheat ! at the price now asked, they would Kind it" at a loss of 5s per ton of flour, mikes the prioe of. flour and consequently the price ef the loaf went "up correspondingly. _ i Meanwhile' the wheat is going into stars, and if it stays there somebody wEQ. h*v» to pay extra charfjos. -A repreeentativw of tiM Wheat Controlling' Committee haa earn to Wellington to further interview the Minister on the eiibject. , COOL STORES FOR FRUIT. The Canterbury Orohaidists' Co-op., Ltd., has accepted the. tender of Mr George White for the ercction 'of its cool stores and warehouses at 552 Colombo street Tbe building ia to be a massdve three-etorey.one in brick, * with' oold ' stores accommodation ' for 30,000 cases of fruit, eggs, etc. « COLONIAL SUGAR COMPANY. (By Cable.—Press Association.—-Copyright.) (Received October 80th, 10 p.m.) SYDNEY, October 80. , At the half-yearly meeting of the Colonial Sugar Company a net profit of £115,884 was, shown, the total including dividends on eharos in- the Fiji and New Zealand Com- . pany, £137,810. A dividond ot 6J per oent. wa« declared. Hie chairman -reported -that dry, cold weather iu the autumn and winter reduced the crop a third of that obtained in 1917. The Federal Government had taken over the 1918-19 crops underan agreement which forbids further proceedings under the price-fixing scheme for nearly two years. • CHRISTCHT7RCH STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. Sales reported:—P. and O. Deferred Stock, . £iW ' LATEST QUOTATIONS. Bayers. Sellers 4 L<L 4 -s. d. DEBENTURES— Whitcombe and Tombs 5J per cent., 192 C 100 • • — BANKS— „ . New Zealand (£8 6s 8d paid) .. IS 10 ft — LOAN AND AGENCY— .\ m National Mortgage .. 47 • -r ,SHIPPING— Huddart-Parker .. 119 6 3 10 Huddart-Parker (6 per . ■ j oent. pref.) 1* ® . ] FROZEN MEAT- - - . N.Z. Refrigerating .. — » ® 0 WOOLLENB— 7i« 6 Kaiapoi - •• — MISCELLANEOUS— , Burns, Philp •• — J 1 ? ° N.Z. Farmers' Co-op. —• 2 » w Sharland and Co. .. }» J ._ . Shaxland and Co. (pref.) 110 0 — MINING- •; «no _ Blackwater Mines •• » no 0 0N —" (TBESS association tzmobams.V AUCKLAND. Sales:—Wilson's Cement, ISm 6d; mil". 43s Cd; New Zealand Insurance, £11; Hud-dart-Parkcr, £2 Os 3d. WELLINGTON. Sale reportedP. »nd 0. (deforced), *10.