BAINFIELD STUD FRIESIANS.

Press, Volume LVIII, Issue 17393, 2 March 1922, Page 8

BAINFIELD STUD FRIESIANS.

fSAT.Ti or SURPLUS STOCK. t (special to "the rasas.*') INVERCARGILL, March 1. There was a large attendance to-day at a Bale of stud cattle aild sheep held by M r AV. D. Hunt, lie attendance including buyers from Australia end the North Island. The sales included the following l , (the sire i 3 Rosevaie King Sylvia except where otherwise stated): — FEMALES. Gs. Bainfield Sylvia, 2yrs, dam OakVanity.—L. Langsford, Auckland .. •• •• Bainfield Daisy Sylvia, 2yiß.—J. I. Eoyds, Christchurch .. Bainfield Sylvia Countess, 2yxs.—Wm. Kixkland, Mcsgiel .. .. 85 Bainfield Sylvia Goose.—J. I. Boyds, Christchurch .. .. , Bainfield Topsy 11th, 19 months.—L. Langsford, Auckland .. . • WO Bainfield Sylvia Nelherst, 17 months. — John Donald, 'TVaaganui .. ..13° Bainfield Topsy 15th, 16 months.—J. I. Eoyds, Christchurch .. 9° Bainfield Sylvia Gowan, IS months.— J. I. Eoyds, Christchurch .. .. 45 Bainfield Topsy 16th, 15 months.— Sewell and Tweddle, Melbourne 125 Bainfield Laurel Sylvia, 13 months, dam Laurel of Wairuna. —Sewell and Tweddle, Melbourne .. ..125 BULLS. Bainfield King Vanity, 10 months, dam Oakwood Vanity.—-C. E. Bohertson, Palmerston North .. .. .. 50 Bainfield Netherland King Pontiac, 6 months, dam Westmere Netherland Princess. —Pino Land Co., Auckland 510 Bainfield King Del 2nd, 9 months, sire Eosevaie King'' Sylvia, dam Bainfield No. 16.—Alexander Brcs., Green Island .. .. . • 165 Bainfield Major PietcTtje, 5 months, sire Prince Pietertje of Bainfield, dam Bainfield Queen 4th.—J. Dow, Outxam •• 65 Bainfield King F.ambler 2nd (twin), 4 months, dr.m Bainfield Betty 4987. —L. Langsford, Auckland .. 80 Bainfield King Oakwood. 2 months, dam Bainfield No. 19. —D. T. Shand, Wylie's Crossing .. ... . SO The sheep did not realise prices that could be considered very high. (pbsss association telegram.) ' f INVERCARGILL, March 1. sale of surplus stock of Mr "W: D. Hunt's Bainfield Stud, held to-day, was attended by buyers from all parte of the Dominion, besides two from Victoria. Ten Eomney rams -were offered,' and eold at prices ranging from 10 to 35gs, totalling 152gs. Flock rams realised 3Jgs to 7gs. There wO3 keen competition for Friesian cattle, Auckland breeders being the highest bidders. Eleven heiferß offered realised prices ranging from 45gs to 170g i s, the latter price being paid by Mr L. Langsford, of Papatoetoe, for Bainfield Topsy 11th. The total for the heifers was HOOgs, or an average of lOOgs each—a record for the Dominion. Twenty-one* bulls "sold for a. total of 1456g5, averaging 69 l-3rd gs. . : The sensation of the sale was the spirited oontest for the six-months-old bull calf, Bainfield Netherland King Pontiao, by Rosevale King Sylvia, out of Westmero Netherland Princess. The bidding started at 200gs, and the bull was finally knocked down to the Pineland Co., Auckland, for the record price of SlOgs. The total realisation was £8935. FIJI SUGAR. v COMPANY'S ULTIMATUM. SUVA, February. 21. It has for some time been rumoured that the Colonial Sugar Refining Company i proposed to continue business if they _ could get labour at Is 6d per day instead of 2a 6d as at present. On Saturday the manager in Fiji, Mir Farquhar, released the terms, or' it may be called "the ultimatum," under | which the company is prepared to carry on. First, instead- of 19s per ton for oane' they offer 10s per.ton per cent; p.o.c.s. at Naunoii, and 10s for 18 per cent, p.o.c.s. at Lautoka, RaTawai, and Labosa, subject to deductions v of any tax on sugar withiii the colony. It is stated , that "it is impossible for. tho oompany to offer more favourable terma." Even these prices, which are about 60 per cent, more than the past season's price, are tentative and only promised "if the export taxes on sugar ihd molasses be remitted, m respect of the exports arising from the coming season's manufacture, and provided no additional • taxation be imposed," whioh is certainly not very encouraging to the Indian cane farmers.' As for the labour, a further circular states that after 'Saturday next, February 25th, tne bonus of 6d'a day will be abolished ana the basie wages reduced. to Is 6d per day. As a "sop" the company offers, "for the remainder of the year" to, supply the Indian labourers with sharps at 2d per, lb' onft sugar at lid .per lb. . Such is the position facing the colony, ilt is generally believed- thai' the Indians wijl refuse the terms,' and that there win be to work after, Saturday. Circumstances do hot favour the comjvany's move. : The presence of the Indian Commission in Fiji is construed by, the coolie to mean the securing of higher wages than he is now receiving. He knows not and cares not whether sugar has dropped from £23 10b £lO. The Indian, Government has sent tne Commission to help the coolie "Mpinat company," and must prevad. That w too general opinion among the Indians already, and 'in fact since the Commission S'-rnved many Indians have ceased to work a«d &re showing auite an arrogant air ,of independence. Suva is full of Indian agitatora from all over the colony, and the extrenmta aro busy as bees encouraging the hope of , equal status and larger wages. It will thus be seen that the position is a serious one. for Fiji. It is very that the men will accept work at the prewar scale of "wages. The only hone would be in the. Commission advising wonk, ana from what the members have already, saiu in publio they are very unlikely to do that. It is in a way regrettable; that the mission, came at all, because of the false hopes their ooming has raised amonj their, oountrymen. On the other hand soma people are glad, as they say the Members of the Commission will see for themselves how matters x develop under-strike conditions, it certainly will place the Commissioners in a very delicate position. The Government have made no open move yet. ■ They recognise that so f&r the P O3 /" tion is a matter between the company and its employees. The Government does not expect (any material benefit from the visit of the Commission. If the Colonial Sugar Refining Company close down, tho very foundation of the colony will be shaken. Sp >wrious will be the Jtosition that the, bottom will fall out of the colony's revenue, Mid will be rife. The! Government, with a view of being prepared for such an emergency, have placed the whole position before the Secretary of State, and it is reported have also suggested that an Imperial loan may be provided to allow the Government to purchase the company's _ interest and convert the sugar business into a Government venturer-Auckland "Star's" Correspondent. LAND SALE. Jones, McCrostia Co., Ltd., sold in their land sale rooms last night, eight '.sections fronting on Springs road, Washbourno road, and Main South road, on account of the Canterbury (N.Z.) Aviation Company, as follows: x i Lot I—S rocrds 16 perches, £75, Mr E. East. Lot 2—l rood 8 perches, £SO, Mr' M. McGratli. Lot B—l rood 8 perches, £ss,"tlt H. McGxath. Lot 4—l rood 8 perches, £SO, Mr F. Foulkea. Lot s—l acre 35 perches, £IOO, Capt. Dick- | son. j. ! Lot 6—l rood 8 perches, £45, Mjr B. P. Tilson. .. Lot 7—l rood 8 perches, £45, Mr J. East. Lot 18—2 acres 3 roods 22 perches, £2OO, Mr G. H. Fine. .. I AUCTION SALE EEPOET. Craddook's Agency Coy., • Limited, 1 sold by publio auction yesterday, at theif- land sale rooms, cornea: of Worcester and Manchester streets, a, property, being No. 15 Riccarton road, comprising over J-acre and dwelling of 6 rooms, etc.,'to Miss Freeman at a satisfactory figure. A section comprising over 4-acre, -situated at West belt, Lower Riß- - was passed in at £370, arid a property on 'the main Sumner road, Bedcliffs, elicited bidding up to £I7OO, which figure the owner declined to accept. , 7785

bubnside maeket. (rBESS association tjelwjbajO DUNEDIN, March. 1. There were full yarding 3 of sheep and lamb 3at Burnside to-day. The nrices realised for lambs were equal to last weeks rates but values for sheep were much easier, the 'lack of competition causing prices to sas Pi" 3 sold we "> there was p. slight improvement in the tone of the fat cattle m Fat et Cattle—IThere 1 There was a yarding of ISO head of good quality. The sj}e opened under keen competition, and prices were 15s to 20s per head above those ruling last week, but gradually declined as the Eale processed, and closed with prices on a par with last week. Prune 'ox beef was worth in the vicinity of. 25s per medium auality 2s to 3s less, and cow beef about ryi, ner 1001b. Prime bullocks realised from #in 103 to £l2 10s. medium £8 103 to £lO, and unfinished sorts from £8 10s upwards prime heifers £7 to £B, medium £o 15s to £6 10s, light and aged from £4 up- " Fat' Sheep—There was a yarding of 3104 head the bulk being ewes, although there was quite a number of pens of wethers. The demand at the opening of the sales was slack, and prices showed a reduction of is ner head. As the sale progressed tho Sxack,in the demand became more noticeabio, and a further reduction of from 2s 6d to 33 ner head had, to be accepted, in order to effget sales. The causes contributing to this etate of affairs were partly owing- to butchers lioldint? over supplies from last week, and a disinclination on the part of freezing buyers to purchase at prices ruling. Prime wether mutton was worth 3Jd per lb, ewe about 23d. Prime wethers realised from 21s 6d to 24s 6d, medium 183 to 20s, light and unfinished sorts from 16s upwards prime ewes 16s to 17s 6d, medium 13s to 14s, aiKT light and aeed from 10s 6d upwards Lambs—'There was a yarding of 1359 head of mixed quality. Freezing, buyers competed with butchers, and prices realised were about on a par with last week s rates. Values ranged from 15s to 25s per head, which works out on a basis of 6id per lb. Store Cattle—A medium yarding was offered for sale, the majority penned comprising* half to three-parts fat and aged cows. Very few pens o{ well-bred steers were forward. The demand was slack, and there was no improvement on the low rates lately ruling. Pi-3 A full yarding was offered, all classes being forward. The demand for baconers was a shade better, and prices were about equal to last week's rates. Best baconers realised from 6Jd to 7d per lb, and best porkers from 8d to BJd per lb. JOHNS OITVILLE STOCK SALE. (srECIAI TO "the press.") WELLINGTON, March 1. At Johnsonville to-day,' a full yarding of both cheep and cattle met with a good sale, at prices in accordance with last week e rate-3, except bullocks, "which were eaaior. The quality in most cases was good, except for a few pens of sheop which could hardly have been classed as decent stores, and sold accordingly. Best bullocks made £9 7s Cto £9 10s, medium £8 2s 6d to £8 15s, lighter £7 5s to £7 17s 6d* cowe (unfinished) £3 6s, vealers 24s to 365, runners 45s to 565; best wethers 18s to 19s 6d, woolly wethers 23s i—, medium wethers 1&3 7d to 17s 6d, light 14s 6d to 15s 6d, best ewes 14s to 16s 4d, 1 ig-> 12e to 13s, best lambs 18s to 19s lOd, medium 16s to 17a 4d, 6tores 10s to 12s. CHRISTCHURCH STOCK EXCHANGE. LATEST QUOTATIONS.

* AUCKLAND, March 1. Sales:—War Loan. (1938),. £00; Soldiers' Bonds, £94 6s; Bank of Jfew South Wales, £35; Bank of New Zealand, 47s fid.

Buyers. Sellers. £ s. d. £ s. d. DEBENTURES— N.Z. Govt., 4} per cent. Inscribed, 1938 89 16 0 90 2 6 N.Z. Govt. 4J per cent. Bodds, 1938 89 16 0 90 6 0 N.Z. Govt. 5 per cent. Inscribed, 1927 93 10 0 — N.Z. Govt. 6,per cent. Bonds,. 19^7. 93 10 0 — N.Z. Govt. 61 pef cent. Inscribed, 19S9 — M 12 8 N.Z. Govt. 6} per cent. Bonds, 1338 94 10 0 — BANKS— Australasia 11 8 6 11 12 6 Commercial of A\}jst. .. — .1 6 0 National : o£ N.Z. 6 16 0 6 0 0 New South Wales 85 0 0 85 10 0 Royal .. — 1 8 0 Union #f Aust. — 12 0 0 'Union of Auet., new . (cum interest) 11 18 6 12 0 0 INSURANCE— National ... 2 18 6 2 19 e Standard 2 12 0 — LOAN AND AGENCY— , N.Z. Loan and Mercaatile (ord. irtock) .. — 80 0 0 N.Z. Loan and Mercantile (5 per cent. cum pref. stock) .. 62 10 0 — SHIPPING— Adelaide Steamship — 1 0 0 Huddart-Parker . 2 2 9 2 3 G P. and 0. Def. Stock 800 0 0 310 0 0 FROZEN MEAT— Canterbury 11 6 0 — N.Z. Refrigerating (£1 paid) 1 5 0 — N.Z. Refrigerating (10a paid) .. .. 0 18 8 0 13 9 Gear .. ■> .. 1 10 0" COAL— Westport-Stockton 0 5 0 0 6 8 Westport-Stockton (8 per cent, non-cum pref.) 0 8 6 WOOLLENS— Kai&poi (10s paid) 0 10 6 0 12 0 GAS— Ohristchurch .. 6 5 0 6 10 0 BREWERIESJlannins 8 8 6 3 9 0 MISCELLANEOUS— Beath and Co. 1 4 9 Colonial Sugar 29 10 0 Colonial Sugar (Fiji and N.Z. 6 per cent. pref.) —* 10 6 0 Mason, Strutters (£1 pd.) 1 1 6 1 8 6 Mason, Struthers (14s pd.) — 0 14 9 N.Z. Druff Co. 2 12 9 2 13 6 N.Z.' Farmers' Co-op. (£2 paid) .. 1 .. — 1 10 0 N.Z. Farmers' Co-op. ■ (6 per cent, cum pref., cum div.) .. 5 0 0 N.Z. Farmers' Co-op. (6 per cent. pref. re div. only, cum div.) * 0 0 N.Z. Fanners' Co-op. (7J per cent. Bonds. 1926) 94 0 0 Whiicomb<S and' Tombs 2 17 9 MINING— Waihi Grand Junction 0 6 0 —