COMMERCIAL.

Press, Volume LXI, Issue 18488, 16 September 1925, Page 10

COMMERCIAL.

THE WOOL CLIP.

MARLBOROUGH PROSPECTS. (IFBCUL TO "ra* PIBM. ") BLENHEIM, September 15. Climatically the sheep season in Marl- • borough has been o; a favourable character. The winter has been coroparativc]v free from severity, there being no prolonged spells of inclemency, and the sheep hare come through Tnth a nu.nmura of loss and, on the whole, in excellent condition. The growth of grass . tv as almost continuous, and stor.K everywhere were well sustained. »■it the lately fallen snow round the ranges and a Consequent reduction of temperature, a kind' of second winter has been experienced, hut the effects of tbe earlier mildness are being carried on. Grass and rape are showing up well, and there is plenty of feed. All round the lambing results are satisfactory and the mortality is practically negligible. Crutcbing is now just about finished, and a good start should be made with shearing next month. One outstanding feature of the season is the splendid quality of the wool. • An expert with a long experience says that he has never seen such extraordinarily fino quality. He attributes this superiority largely to the good dipping, and to the fact that timely rains washed the dip well into the fleece. THE EXHIBITION. FINANCIAL ASPECT. (SPECIAL TO "TH* PBESS.") DUNEDIN, September 15. At the annual meeting of the New Zealand and South Seas Exhibition Co. the chairman of the Finance Committee said everything would be in readi- - n&ss for the day fixed for the opening or even some time before. Up till August aver £129,000 had been spenis on buildings, laying out grounds, etc. About 2000 additional shares had been, taken up. Their finances had been : straitened, and it was found necessary to go to the Government for assistance, a loan of £30,000 being ultimately obtained. 1 •"Owing to the directors having to take over the Amusement Park, it was found - necessary- to, secure another £25,000, and he was pleased to state that Ihinedin citizens had pnactically subscribed the full amount. So far as he could . - see, they would have sufficient finance to meet requirements up till the openting day. The financial position had caused no end of laiudety, and he appealed to tbem to pay their space fees as soon as possible! They had somewhere in the vicinity of £58,000 let in space fees. Their finances would be assured if they oould get all these fees in before the v end of October.

REAL' ESTATE, \ • INCREASED BUSINESS. (BPiCIAi. TO "TM PSBSg.") WELLINGTON, September 15. The registrations at the Land Transfer Office give a very faife indication of the business doing in the real estate market, and according to the latest figures, the tendency* is for this business to expand. The number of town, sub- ' urban and country properties in each of the four months April-July, together tfithythe aggregate valiiesj are shown below.

It will be noted that there has been J a steady increase in the number of transfers registered, July showing an increase of-1164, as compared with April, equal to nearly 50 per cent. '"" Compared: with , tne corresponding term of. last year, the transfers show an increase of 639, and the increase in value was £1,260,316. The average "value per-'transfer for the four months of this 'year was £1074, and for the j four months of last year £1025. STUD SHEEP FOR SOUTH AMERICA, An itew appeared in the commercial col- , limns of "The Press" last week concerning the shipment of stud to South America. It referred to two separate consignments of euch eheep, and the paragraph made it appear that both lota vers shipped by Messrs • Pyne, Gould, Guinness, Ltd. Actually this company shipped one lot of sheep. The other was eolecicd jmd shipped to Buenoir Aires by Ileum Wright. Stephenson and Co., Ltd. ELECTROLYTIC ZINC COMPANY. Thft, Elsctrcjytio Zinc Company of Austnlafia, Ltd., hare issued the following s jroduotion statement Pour weeks Four weeks i ended 29th ended 26th July, 1925. Aug., 1925. Zinc—Tone ... 3577 ' 3571 Used at -tho works .. 100 100 Silvu Lead product for shipment to Port Firie for realisation: Lead—Tons .. 490 580 Silw—Ounces 74,000. 86,000 Dfc . MELBOURNE WOOL SALES. * (ay CABLx—PBSSS associatios —crf?TEiQHT.) (umnuuu amd n.z. cabijs asbociatiob.) MELBOURNE, September 15. At the wool sales there was good general competition. Good to super merinos and beat comebacks were fully 5 per cent, aboro last weed's beet rates. CLEARING SALE. H. 0. Smith, of The City Market, conducted * clearing sale account Mr F. Trusoott, saddler, corner Durham and Lichfield streets. A splendid clearance was effected, at the foilcwisg prices:—Heifer (calved) £9; 4. haiiees from 35s to £4 6s; pony, £18; i«my, £l3; bay maze, £7 10a;mare,'£5; griding, £7 10s; mare, £S 10s; saddle Gelding. £4; \tip dray, £2O spring deay, £9 10s; spring dray, £7; box cart, £9 10s; box cart, £5; jogger, £l6; trap, £5 10a; gig, £4 ss; gig, £1815s; governess cart, £l2; jogger, ■ £S 10s; .van, £7 10s; bellows, £3; old krit cap,-£5; express, £l3stocks and dies, £2; paid, £3; show case, 31s; saddles and harness, 6d to £3; tools, 30s. .-A s REILLY»S (DUNEDIN) TELEGRAPHED MARKET REPORT. lypei, 5s 6i, 7s lOd; aisparsgus, 335; I cucumbers, 12s 6d, 19s; ■ ' *J rrin S cabbage Bs, 12s; trumpet 6 95, "123

DAIRY PRODUCE.

WEDDEL'S REVIEW. NEW ZEALAND HOME SEPARATED. (»T CA»LF—r»ZSS ABSOCIATIOW—COJTEIOHI.) (XZSTCH'S TSLZQftAICS.) ""■ (Received September loth, 9.2-5 p.m.) LONDON, September 14. Weddel's reviewed of imported dairy produce for the year ended June 6th states:—The most striking fact was the surprisingly heavy consumption of butter and cheese in the United Kingdom at moderately high retail prices. Despite continued depression in the export trades and extensive unemployment, the imports of butter were considerably larger than any previous vear, and the average prices appreciably higher than in 1923-24. Although the storks of butter stored m the United Kingdom at the end of the period were higher than at the beginning, and the quantities re-exported exceeded those of the previous year, the volume of butter consumed during tho year was much heavier than over before. Similar conditions prevailed in the cheeso trade, but heavier supplies entailed a small reduction in the average wholesale values. /

Each Empire source of supply augmented its output of butter. Australia had a record output, the importations from the Commonwealth increasing 134 per cent, over the previous year. Shipments from New Zealand and Canada materially increased, and as a result the proportion of Empire butter imported lafit year represented 47 per cent, of the total arrivals in the United Kingdom, compared with 35 per cent, in 1923-24. On the other hand, most foreign totals were considerably reduced, but important quantities were received from Russia for the first time since earlv in the war. There is every indication that Siberian butter will so'on regain its former position on the market.

' Eighty-eight per cent, of the cheese supplies were British. Shipments from New Zealand did not increase, but heavier supplies were . received from Canada and Australia. The export trade in Italian cheese appears to be growing steadilv. The quality of the general run of New Zealand butter showed little or no improvement over recent seasons, the more extended adoption of home separation of cream probably accounting, for the larger proportion of second grade ibutter shipped by some factories, but the quality of Australian butter was markedly advanced, chieflv owing to the splendid season in the Commonwealth, but largely owing to the stricter system of grading and the universal use of the Kangaroo brand fo.r choicest butter. The same remarks apply with eaual force toAustralian, cheese, the quality of which last season was exceptionally fine, while the crating and handling were distinctly improved.

FARMERS' COOP. ELECTION OF DIRECTORS. CAMPAIGN IN COUNTRY. At the finish of the Rangiora stock sale yesterday, Messrs R. B..Dalley, T. N. Gibbs, and J. G. Armstrong addressed a meeting of farmers and sharer holders of the New Zealand Farmers' Co-operative in support of the election! of Messrs A. MoKellar, A. F.. Carey, C P. Agar, R. M. Morten, and E. Hay to the directorate, of the Association. The Mayor (Mr R. Mcintosh) introduced the speakers. . Mr Dalley sadd the responsibility lay -with the shareholders in electing the directors. After outlining the objects of the Farmers' Co-operatitYe, and its difficulties, he said it was not yet out of th» 'wood, and if it was to be carried on successfully, it was absolutely essential that the -directors should have the confidence of the shareholders. The directors had brought the Association to the verge of bankruptcy, a«d had lo6t the confidence of the shareholders; for this reason .the shareholders thought a change in the directorate was essential, and were fortunate in securing the consent of the gentlemen named to come forward for election. They were all trained business men. The action of the directors in the past had not been in the interests of the farmers and shareholders, so it was natural that a. change should be desired.. Mr T. N. Gibbs said the Farmers' Co-op. was a very vital institution to Canterbury. Through the weakness of the directors the Association was involved in big losses. He referred to the financial position of the Association, asnd said they were out to try to restore confidence in it. This could only be brought about by the election: of a new directorate. They were not agitating against the manager, who was the right man in the right place. Mr J. G. Armstrong (a member of the directorate) '"said the 'directorate wanted reorganising. He suggested that an Advisory Board should be appointed which should' report to the directors every week. "Ticket" Criticised. Mr J\ Stevenson (a member of the directorate) asked the oaairman's leave to speak. He said there was always two sides to evefy question. He was not aware of the meeting until he came into the town, and as the directors had been attacked, he wished to put the other side of the question. The meeting was the outcome of an agitation started by Mr Holland, who was annoyed because he could not (get all the information he desired of the inner working of the Association. He would like to know what Mr Armstrong and Mr Holland biftd done to support the Association? They said it was on the verge of bankruptcy; yet what had. been done to help the directors? When, the slump came the directors, put £BO,OOO of their money into the concern, and if that had not been done there would have been very little chance of pulling through. It was strange that out of 12,000 shareholders they could not find a man to go on the directorate but had to go outside. Was that bonnie play? Was it fair play? How did Messrs Armstrong, Morten and Hay support the Association by puttingtheir stock through rival firms? What about Mr Gibbs? He was a member of tho Stock Exchange. What did it do to help the Association in our difficulties ? "Let'them," he said, "come and put money into the Association like we have. We want to restore confidence in the Association and not decry it. It is an underhand and contemptible action." . Mr F. N. Johnston protested against the affairs of the company being dragged into the limelight. Ho criticised the men nominated, and said the> present condition of the Association was brought about by the war and the slump. The meeting closed with an, expression of confidence in Mr Esson. WHEAT. NEW YORK, September U. Chicago wheat quotations are:—September 1«J, Deoembex K9J, May 163S cento per bushel.

CANTERBURY / MARKETS.

(BY OCR COMMEECIiL BD110E.) Tuesday Evening. The potato market is extremely sensitive at the moment. On Saturday values relapsed again to £S f.0.b.. s.i., after a slight steadying the previous day. Then the deluge of rain on Sunday night and yesterday inspired sonic of the observers, and a fair amount of business Mas done yesterday at £8 10s, up to £8 I.ls being mentioned as having been paid in one instance. To-day's fine ireathcr caused another change, and offers at £S 10s are not being accepted. As far as farmers are cflicerned they will not accept less than £6 l">s on trucks, which merchants are not prepared to pay. The season is now getting on, but reliable northern reports state that the new Pukekolie crop will not commence to come iu until the third week in October. A report from another source, published iif another column, states that blight and frosts have taken a heavy toll of the northern crop, which now will be "light, and only of medium quality." As Christehurch garden potatoes will be a month late this year on account of the wet weather, it would seem that the- demand for old tubers will be prolonged some weeks further than usual. The Australian Shipment. The Karetu, which is due to sail shortly for -Sydney, had a booking of 20,000 sacks, but it is uncertain if this quantity will be loaded. There are a good few potatoes at Port, and it is not clear from the packing that they aro destined for Sydney. There is no alteration in Sydney values. Other Products. Fowl wheat is the only other product in request, and a good deal of business has been done at 7s 3d a bushel f.o.b. Oats are the same, and also grass seeds. The following are nominal quotations, free of commission en trucks, sacks extra, except where otherwise stated: — Wheat —Tuscan us Bd, Hunters <ss lOd, Pearl 7s f.0.b., sacks extra; fowl wheat, 7s Id. Oats—Garton A's 3s 7d; B's 3s 3d; Algerians, 2s 6d to 2s 9d. Chaff—Good bright, £4 to £4 ss; secondary, £3 10s. White Clover—l2d to 13d. Cowgrass—9d to lOd. Italian Ryegrass—2s 9d. Perennial Byegrass—4s to 4s 3d for good. Cocksfoot—sd to 6d. Partridge Peas —Gs to 6s 2d for export quality. Linseed —£17. Potatoes (nominal) —£6 10s to £6 15s. Flour —'£18 a ton f.o.b. nearest port; smaller packing, 1001b, £l9; 50's, £l9 12s 6d; 25's £2O. Pollard—£9 f.o.b. nearest port, 10s extra for smaller packing. Bran—£B per ton ' f.o.b. nearest port, 10s extra for smaller packing.

RANGIORA MARKET. There was no improvement in the sheep market at Rangiora yards yesterday, only two pens of ewes and lambs, numbering 115 in all, being forward. One lot of 63 ewes and lambs sold at 22s lid all counted, and the other was passed in. There were twenty-six head of cattle yarded.' Prices realised were:—Best springers £5 17s 6d to £8 ss, medium- springers £2 5s to £4 15s\ cows in profit £2 10s to £4,55. A fat cow made £l3 10s, a store cow £3 3s. 6d, and a Hereford vealer £5 ss. The entry of pigs numbered 174. Prices were very "good, there being a rise of at least • 10s per head for baconers. Heavy baconers made £6 4s 6d to £7 3s 6d, light £4 7s 6d to £5 5s 6d, porkers £2 12s to £3 10s 6d, stores 30s to 50s, weaners, large 27s 6d to 30s, small 15s to 245. Poultry—Roosters sold at 12s Od a hens 9s, ducks lis. Produce made the following prices:— Chickwheat 18s to 27s a bag, oats 12s 6d to 15s, barley 15s to 20s, peas 21s, meal 12s 6d, oatsheaf chaff ss, table potatoes 8s to 12s, seed potatoes 5s to 7s 6d, turnips ss, parnsips. 3s, onions ljd lb, apples to 8s 6d case. Skins—'Halfbred sheepskins brought 13s 3d to 14s, crossbred 9s to lis, calfskins 3s Gd to 4s 6d, crutchings 5d lb, fat 2id, horsehair Is 3d. ASHBURTON MARKET. There was a small attendance at the Ashburton yards yesterday, when the entry comprised only 3 fat ewes, 71 fat wethers, and 39 stores. Owing to the short market the prioea realised were in advance of last week's rates. The sales were: I 9d, 3 at 46s 9d, 11 at 37s 6d, 10 at 355, 9 at 50s, 10 at 45s 6d, 7 at 425. Stores—3o crossbred wether hoggets at 27s 6d, 13 at 24s 4d. Cattle—The entry consisted of 15 head of dairy cattle. Cows in profit made £1 5s to £5 ss. POTATO CROP. LIGHT PUKEKOHE YIELD. H. H. PaUle, Ltd., produce merchants, Pukakohe, report ca follows, under date September 11th, on the local crop prospects: The blight that made its appearance in the potato crops in August has grown in intensity owing to the continued cold and wet weather. Frcet also haa taken a heavy tol: with the result that the October crop ■fl'ill now undoubtedly be light and of only medium quality. LONDON MARKETS. (AUSTRALIAN AKD X.Z. CABLJI ABSOCTATIOIC.) ' (Received September 15th, 9.25 p.m.) LONDON, September 14. Cargoes are quiet and buyers are unwilling to pay at present owing to the poor flour trade and the abundance of locally-grown and the bearish situation of the Australian crop advices. Liverpool futureo—October 10s lOd, December 10s 4d, March 10s 2d per cental. Rubber—Plantation 42Jd per lb. The Moreton Bay's oranges from Now South Wales arrived in bad condition, the waste ranging from fifty to seventy-five per cent., necessitating repacking before they were saleable. West Australian were in fair condition, with slight 'waste, realisng 10a to 16s. \ SHEEPSKINS. DaJgery and Company, Limited, have received the following cable message from their London office, dated September 11th: Sheepskin Sales—lncluding 14"60 bales from Punta Arena*, the total offered was 5400 bales, of which 4500 sold. As compared with the list sheepskin sales, fine " crossbred combing skins aro lower by 7i per cent., medium and coarse crossbred combing skins are lower ty 5 per cent., crossbred clothing skins ire par to 5 per cent, higher. The following is range of prices:—Merino skina, three-quarter to full-woolled, 15d to 17Jd; merino skins, quarter to half-woolled, lOd to IMd; merino ekins, short and shorn, 8d to lOd; fin 6 crossbred skins, three-quarter to full-woolled, 13d to 17d; medium and coarse crossbred skins., three-quarter to full-woolled, lid to 15d; fine orossbred skins, quarter to half-woolled, 12d to 16d; medium and coarse skins, quarter to i»lf-wool led, 9Jd to 14Jd; crossbred ekins, short and shorn, 9d to 13d; lambs' skins, 12d to 16jd. EGG AUCTION. Messrs Harris Bros., Ltd., report that the weekry auction sale of Feather Brand guaranteed fresh eggs, on behalf of the Canter«L' y »rfe K - * f™. B™' 8 ™' Co-operative Association, t«Jslt I V hmr TOOai8 > 158 H «reford street *Z?Z J r^2* tP S m - foll °wing prices ££> f^ir 1 * 611 * ee *> fitßt e rado <** «■ Z id? ; w * 2ad grado (uider a*). —6

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sales Reported—N.Z. Govt. 5\ per cent. Inscribed, 1933, 'i'lol 2s 6d; Bank of NewSouth Wales, £4l i.3 parcels); Wilson's Cement, 34s (3 parcels). Sales on 'Cli3n«re —Bank of New South Wale?, £«'; British Tobacco, 44s 6d.

OTHER EXCHANGES. > (PBESS ASSOCIATION TJSIJMJHAifS.) AUCKLAND, September 15. Sales—Bank of Australasia, £l4 7a; Bank of New Zealand, 575; Northern Steamship, 16e (two sales); Auckland Gas, 20s Bd. DUNEDIN, September 15. Sales—Dominion Rubber, 48s; Mosgiel Woollen, £5 15s; Kawarau, lis. Sale reported—Commercial Bank, 325. HIGH COMMISSIONER'S REPORT. The Department of Agriculture has re- . ceived the following cablegram dated September 12th, from the' High Commissioner for New Zealand, London: — BUTTER. Market quiet'and steady. Official quotations are: — New Zealand —Finest salted : September 12th, 200s to 202s a cwt (Is 9}d to Is 9Jd a lb), exceptional 204s a cwt (Is 9sd a lb); September sth, 198s to 200s a cwt (Is 9d to Is 9id a lb) ; August 29th, 196s to 20Os" a cwt (Is 83d to Is 9Jd a lb). Unsalted: September 12th, 198s to 200s a cwt (Is 9d to Is 9sd a lb), exceptional 206s a cwt (Is lOd a lb): September sth, 198s to 202s a cwt t (ls 9d to Is 91d a lb); August 29th, 196s tt> 202s a cwt (Is BJd to Is 91d a lb). Other qualities: September 12th, 170s to 196s a cwt (ls'6}d to Is Bjd a lb). Australian—Salted : September 12th, 192s to 196s a cwt (Is BJd to Is BJd a lb); September sth, 190s to 194s a cwt (Is BJd to Is BJd a lb); August 29th, ditto. Unsalted: , September 12th, 194s to 196s a cwt (Is B|d to Is 83d a lb): September sth, 192s to 196s a cwt (Is Bid to Is Sid a lb); August 29th, ditto. Other quvlties (salted and unsalted) : September 12th, 172s to 190s a cwt (Is 6Jd to Is BJd a lb). Argentine—September 12th, 184s to 188s a cwt (Is 7Jd to Is 8d a lb); September sth, ditto; August 29th, 182s to 188s a cwt (Is 7Jd to Is 8d a lb). Other qualities: September 12th, 170s to 182s a cwt (Is 6Jd to Is 7id a lb). - Canadian —Salted: September 12th, 190s to 192s a ,cwt (Is BJd to Is BJd a lb); September sth, 188s to 192s a cwt (Is 8d to Is BJd a lb). Unsalted: September 12th, 192s to 194s a cwt (Is B}d a lb); September sth, ditto. Other qualities: September 12th, 180s to 186s a cwt (Is Sd to Is 81d a lb). Irish —Salted: September 12th, 196s to 198s a cwt (Is BJd to Is 9d a lb); September sth, 194s to 196s a cwt (Is Bidto Is 8!d a lb); August 29th, ditto. Unsalted: September 12th, 198s to 202s a cwt (Is 9d to Is 9Jd a lb); September sth, 198s a cwt (lß'9d a lb); August 29th, 198s to 200s a cwt (Is 9d to Is 9Jd a lb). Danish September 12th, 222s a cwt (Is HJd a lb; September sth, 220s a cwt (Is 11 jd a lb); August 29th, 212s to 214s a cwt (Is IOJd to Is 10Jd a lb). CHEESE. Market quiet. New Zealand market firm in consequence of short supplies. Official quotations are:— English—Finest -farmers': ' September 12th, 130s to 140s a cwt (Is 2d to Is 3Jd a lb); September sth, 135s to 340s a cwt (Is 2id to Is PJd a lb) ; August 29th, ditto. Canadian—Coloured and white: September 12th, 107s to 108s up to 109s a cwt (Hid to lljd a lb); September sth, 106s to 108s a cwt (HJd to Hid a lb); August 29th, ditto. New Zealand—Coloured: September 12th 107s to 108s a cwt (Hid a lb); September sth, 106s to 108s a cwt (HJd to HJd a lb); August 29th, ditto. White: September 12th, 107s to 108s a cwt (HJd a lb); September sth, 106s to 108s a cwt (llld to Hid a lb); Augußt 29th, ditto. Shipments of New Zealand produce arrived this week per lonic and Port Mel- ' bourne. « HEMP. Manila market dull and easier. "J" grade September-November and October-De- ' cember shipments quoted at £43 sellers at close. Output, January Ist to August 31st 796,000 bales, against 1,034,000 bales saraa time last year.. Stocks in Great Britain August 31st, 29,000 bales, against 6800 Stocks in Manila 159,000 against 121,000. New Zealand better demand; sales include highpoints and fair. September-November shipments, £39 to £39 10s. Fafr, £3ss 10s to £36. Fair afloat, £36 to £36 10s; common, £32 10s; rejected, £3O 10s. WOOL. Prices for tops same as last quotations. TALLOW. Market quiet and prices unchanged, except for gut: 38s 6d to 48b 3d a cut. - i

April May June July .... No. ... 2441 ... 3144 ... 3219 ... 3605 Amount. - £2,444,844 £3,657,296 £3,119,816 £4,101,601 Totals ... .12,409 £18,323,067

LATEST QUOTATIONS . Buy ;rs. Sellers. £ e . d £ s. d. N.Z. GOVT. DEBENTURES— 4* per cent. Inscribed, 1928 — 97 0 0 4i rjcr cent. Inscribed, 1933 — 96 17 6 4J per cent. Bend.?. 1033 — 97 0 0 4* per cent. Bonds, 1939 — 97 2 6 5 per cent. Bonds, 19-27 — 98 13 0 5. 1 , per cc;nt. Inscribed. 1933 101 10 0 101 15 0 5J per cent. Bond?, 1933 101 10 0 OTHER DEBENTURESHauraki Pining G per cent. — 100 10 0 Xovtli Canterbury Hospital. 5-j per cent. — S3 (1 0 X.Z. Breweries Inscr. — 1 .3 0 N.Z. Breweries Bonds 1 2 8 12 9 BANKS— Aust. Bank of Comm. 1 9 .3 19 9 Comm. of Australia 1 11 9 1 12 3 Comm. cf Australia. (pref.) 6 12 G — Comm. of Sydney 21 15 0 25 0 0 National of Australasia (£10 iviidl 17 0 0 17 i 0 National of Australasia (£0 paid) 8 12 0 8 12 G National of N.—. 6 12 G .■ New South "Wales 41 0 0 41 5 0 Royal (£1 paid) 1 16 G 1 17 0 Royal (£4 paid) 7 2 6 Union cf. Australia 14 13 0 —. Victoria 7 9 0 7 10 6 Victoria 'nref.) 14 18 6 15 3 0 INSURANCE— National .. 3 14 6 3 17 6 Oueenplnnd 2 11 0 — LOAN AN' AGENCY—" Dalsrety ai-.d Cs. 15 4 6 — GoMsbrough, liort 2 6 0 2 6 6 Go'.dsbrough, Mort ' (new) 2 4 9 2 5 3 National Mortgage 3 15 0 3 18 0 SHIPPING — Adelaide Steam (cum div.) ■ .. — 12 3 Union (oref.) 1 O 3 — FROZEN'MEATCnnterburv 12 13 G 13 8 0 N.Z. fpd.) 0 18 0 0 18 9 A*.Z. Pefrisr. (contr.) .. 0 9 1 0 9 3 North Canterbury — 2 5 0 COAL— Westoort 1 10 0 1 10 9 GAS-" Ohris-tahurch 7'12 0 7 13 6 BREWERIES— Manning 2 3 0 — New Zealand .. 2 1 9 2 2 6 V.'ar-J • .. 8 4 0 3 6 6 CEMENTS— Wilson's 1 14 0 1 14 3 TIMBER— Kauri 1 13 0 — MISCELLANEOUSBeath and Co. 1 13 6 1 14 9 British Tobacco 2 4 3 2 4„6 Burns, Philp — 1 17 0 Electro. Zinc (pref.) .. 1 9 6 1 10 0 EJectro. Zinc (def.) .. 1 8 3 19 3 Mason, Struthers (£1 (paid) 1 2 3 13 0 Mason, Struthers (143 paid) 0 15 0 0 15 9 Mason, Struthers (10s paid) 0 10 9 0 11 2 Merc. Finance Corpn. (£1 Paid) — 0 18 6 Merc. Finance Corpn. (5s paid) 0 4 0 0 4 9 ~.Z. Farmers' Co-op. (£2 las paid) ' .. 0 12 6 — ,T.Z. Farmers' Co-op. (First Pjrjsf.) 3 7 0 3 13 0 ;N.Z. Farmera' Co-op. (6J per cent. Stock, 1930) 87 0 0 90 0 0 Taranaki Oilfields 1 r 3 12 6 Weeks, Ltd. (£-2 10s paid) ■ • • • /Whitoombe and Tombs s 11 0 3 14 MINING— Mt. Lyell .. .« 1 2 2 12 5 Waihi 1 6 0 «~; » Grand Junction .* — 0 16