FINANCE AND COMMERCE.

Press, Volume LXV, Issue 19736, 28 September 1929, Page 12

FINANCE AND COMMERCE.

sHA.EE MAKKET. j i

i WBSKf.Y ME VIEW. I ,«nl'lfl •' ' Km !i»< " t,r "' v ■ ' - .Hmg ,* m 'WUH'hm •<1 w-k j . twr • '(•Hi" 4 liiwiineatn .-ontin.iw ( • r 1 .11 .aptte of th* -l"H- j , ~-d ,t«t« •* 1«»- market _'co«M-;i)lv hil-.iW.hu -*»"» ; (~r , i„ VUrket '!«•* eaax-r pncm niliiin i >.w>t wd ppwnea ' * tor tiauM - ViiHtr.iii.iii liitrvpst- V:« ,i ... «'ictl ><-> .Ilif-'t'-''" l I(|T<"« 11»W< ' ' ' 1 " - ..... Ill" I «'«!»•• f.iir.vK , ' • ■> . - - '«> "• i,,) thai tin* ■ >iit ii■ k *"> . \ ] 1.rn11.l 111 |i;i .-II ! .;. I- IHHII.I «I " iirwui >'!« l 1 ' '■*' i "'-4 .-,1 'tl if V* •- ■ t-1 1.11- linem I'll# • j n,| .'»«■ lII{ in IJl'la-.'!*, •>s|* flslllv 1 llC'lM* ,»> < i«*r citin whtrh in i.tn»- , bow.*!-*!- -ilr.-iMlj nhow - I ■i.i.T - f itmp' ir-itiv.i rtj|ur«*» ->r the | ~-h.k ,-»r .» jural murk.*' i.<r il»t> M.r>w.(ln , I li,, \V,-»-k. u.Wo*k. ; l! t ' is,.. 1 ! I loaaad -H..Sriti ! - 1.301 H.r'JJ) | W.klh lav 1.-W) 7 I ' >av>h j [."r-utr-n 1. i.4-«"» "> j ci tin: 1 Vll hough tha market. (or (imwrimerit, _ waa tlrm m.l ib*m "•* «t«*d\ j .|«-m«nd f«>r nil the »*»rd«*<l I li-*.i.linii« ware r«»si i'!«'t>»»( to the t J p*'r ; ,„„i uwl IMM tux t'r»n «t«vk >"d t.ln* j per • . I'.Mil rtrtok Four .uid ! i ii.tii' p#r cent I'-Wt *t.ork *n« taken I »t i. if) ."i >bi W nr i«nd H»lf P*"" ! r Idas "itwk 'i;iit-...l htinii* .»f- i ►"hut 7<t fkl iui«l Cli'l i» **• aßsunt J w» »nd Ktt« l 'J* • fort,llmlit | md there <!'" further Iniyer-. »t j ),>j| li for <twk j»n«l t>«nd« -iiie 1,..! I;HK>, hut lit.* «■»»•«. Kive ~,-r - H Hint for -H P'*f '"<'«* l ' m f,nrt I !-.s,H-'- pmvuniH j !>*i ■*!'-■ I -n-KJaitii Marl.oiir H ['«t <-eii». l»!M> *nuir*m f*r| nt £J>9 I »n<l 'he H per . 'ox UHO. at. tlOl j N*ew Zeetunil Breweri.«» 10 r r it Dehentnree *-»*?-•• with M Hind morw tfwred »t Mm >•). it 31M . 1 P.M.I If «h*re* '•*'iK , n h<«* i* WM»«1 fno" 1, j B-nijiiißr trith ii»v-"itivri for • long pertrid h«»e been l.«rj,i*lv alfecteii hy ii i i.>n« errowi th.« v i-m*i> Aiwtr»ua« j «»' t '.ik.-ii it. "J j 1 "' 1 ;i)..i iVI DM AOftiTKi i-.- 'ld to .Wfhrtd Uwt m -lc- rortmw ial of \iwtrAh«, i m he«a Mtiv* for •««« w»ek« p**t ~«,i uriim rßilging n-i'nn Jfiw M «o t.l ,re 0.1 rtftTr ■' -.'tM Ud. bnyttru « ;;h, si. Md the-- vvm a C*ir firrnover ,,td lOf I Kntflinh. McotriKh. I V liai r.tliml .li..i.|K-d '■* to hnsinesw a . i a 'W -Id. <i*Her« « in i yern -ii r^- ... t ~tr»l»i*i», t ■ omM, tr i' * a* with £9 .( t"> lln (M •* ,p loi'l iwr»l tr»ni*»ctK»«e .. i,; s7<, ,t«<t ■ •"!*• NiieklatMi #t - 'i -h :T«i- Uet. * prim* *fl i t)r | ((fi ),"< Mouth >' .i »'WtlW«ht #«<>, tv-lt f-.1! 7« *i.l r-l'tiH iini •ilnhlti « t"l huvw* « \',m /enlen.U r « Al ' -■5 ~i -VU ■■ i V) Mortal*# „hw-ere linn ,«t. :>'• M„r.,.n«t .in •••i-nv' of H <t * irt -iitrtllVAM At CH I*** *•" it,.»,'*•■ it" >n -iifi-r •*»- C?» 11« Hnyert i»t . i |{ , >ik < .<r iO|i'<l to €l-1 I -t -»i 4,wi !. .t-<i ■■i.-.ikt'f nt £ll 18". j Hi" 1) #* ■■} S* I t 1 If'* IVt* V '"1 - , \n UK) Zen-' !*,hl ,i,-f.>imt-.l- fo* t«H file r»»<*or<l«d. M-.ii.v.r *«feioi». Xrtiowiln Insf* Ht Irtu "t'l <>f! :><!, market clou,n.. lri„ 'id ' M hiivi-o**. New t. -umN >.w -<Mn.lv »t. W*. I'lwujrportiM i, if Atuth Brttiah ,1- i. c' »tr.«rin» (If rt«». hi.« bnyert )(I , 'hi n in*. \n<i r»lif« Hm .neiftl .'tr<> oi. ~iT.«r »l l.'tn, iMiyflT* fit (:.!»- !u»t .•.if.l.iil iMii'iy- tbisi (li-mth WIM At ! onn "nt A(jf'i-in''y.---.For E>nlg#ty», w .,, . |- f.,i 11.5- iMt week, »nyer«i « iiTtlhij *l4, eeller* «t €l4 nu t'roiiixi'imiigh, Matte w«r« turned „ , ~ ( u M, 4rte, «• M, *»• i'H, 44$ I i 4l i,| i i>»«p«ired with *#• M »*<• n'« ■*<* >.«k Zi*l*«d L«i*n »«d .U. i <-1 .iri >.. .ii'ilm.ir >' «to«k •d*»i»e»«l r.. -..iHiriK-n »t. £ 1 Ift*. An odd ptrMl of 1 *,>*, l Hioldinf a®eiety «h»res wm t»it.Ti .<■ i >« i'M, etui there further hn"«n ,\i 1 ■« 9d. eeliere *t 14* 3d. Sew 1. mruiM omi. .i.>'nd .vf 44 per share, moved up r., -n Mil r»r M«'rtf»ge, m whirh l»Ht, ewek'i de»iincn were *t »•:< W AM.I M 'nenirt «»«uppoTted «el- .<»'« «• i ''"i, -ihifioiiiif -md fre*e* 'lfeat. Devon- ■■' <iufH showed a hrtrd.Muntf r«an<ii*Tii-v -*-i'ii !,tirn< r 'vi»r »t n»<l 2"Je ;i.| tlivt'dirt h'irkere, et flividiwd of l« pur «h •.ri', '.v«r.i firm af. 44n ftd, f. And II 7,.-iisn.l Refrigerating folly |»id« to 1-I*, UK.I the pertly p»l<l fo prl««« rsrigleg from lie 7il to tie, eloeing *t *m 2d, and !»?'• >«n«« »re Asking 13* M tot the former »»d 9» M for the litter, with buyer* At it* <W »»d «• Id reipi«*fl»ely. Wooiv'ne, Tout, and Gto«.--Th« marhet frtr Woo lime# wan dull and no dwliafa -*« re reenrded. (Calapol ordinary fully paid showed a marked daeliee With aellera at He «il, htiyer* »t 12s. Orey Vulley floll-ieriee ehaaged handi •< -Id, ae agaiaet SMu <M to 2t>« Sd laet week, and nlneed weaker at 29« eellara, IT* M Stnwf, Pmließitroe hardened t» T' < aed 7.'< i M, aa advanee of )• »> (w-tk vncf taut weel. Tairpirt ordinary m-'ire.| a rtd tim mi tarnaver at 2i>» M. \w*n.orf4 were fra<*(i«naily Iraier at :u« id .Mteklaad 0a« had dealiaga aft ■*.! and 34a US, a* eompared with ? u 4.1 a week ago. Chrlalekarah ramm ined aaaitared at 26« 6d. ftrrt'Wirfm- Tie market waa quieter and prtoee ehow-d aa eaeing tendency, fiarltema, e«m di*ld«rtd of 7 pa* rent., dropped in to bn-einee* at 4«c New %4»a.laad* t which war*, freely daa.lt in l<Mt week at prleee ranging from 90* t.\ '.> l« .Id, were thi« week released at #oa and IWi 3d, *lo*iag at !W« •ellere, US** buyer*. Queensland eaaad t« 9-3s and late «e!ler« are olfertag at 33e, huyer* at 30*. Mtaplea wero placed at and M»- taat weak'* mage w«a from 92* to 25a1 3d. Tlwafit shew llttia tii»\ em«nt. Buyer* of Wards moved up %o 32» without «ttra«tl*g aelJert. M iaeellaneoue.—The foilowlag trana* ai'iinu were reeawdad la thia aeetion, in pnrentheaea in<liratiaf pr> vi« «in* bnelueea: - Heath and <"o. 3St; Daath and <'■>. (la pud) 9a 0d (9a lOd); Buxna, FUlp, 47a ."!•!, 48« 3d (4*n); llrltlah ToharM 44a 3 f, d (48u tid, 4J»a 8d); (Joloiii*! hogar £57 6e (£57 W«); Klertro. Zinr ford.) S4a lid < ."t7n >; Electro. Zinc (pref.) JW'a M to 3<k l»il (37« 3d); Henry Jonea Ma, t4a M (S4a, Ma lOd); Moaat Lyell «• M to 4h Id (40a Sd to 48a); New Zealand ©ruga 73a M (76$ M, 75a «d)| Hew Z«ala*d Farmer*' Co-operative Aa•oeiatloß 0| par aaat. Stock, 1930, £9B JOa; Hew Zealand Frnwir Mills SOi 4|dj Kaafftrd (ord.) lis (ls, 2d); Wilsona Cewaai is, 6d (44a Sd to 41«,. *T>f Br-ofcea Hill Proprietary, which f»aord«i taraorer waa at Dla, uu»«Pl»«»ted mil*,* ,re »w *,king 2Ss ft. Daalopa w« eaai«c with at lMfam,

'.old Mining. Kil.ntr.'s dropped rn j 'is 3d, .u id, and 2 s <"M; Mahakipawas j ■••mained it :td; ' ihinetiiuris sold at 9* t '''■( as agaiiis* •»•< 'id 'Hi'! ,r, » '■!>** week. Wndnii; ' r....k '»« :.:it.i v.-r.- .itt,-i lteri-d ,t Is :>d. Rig H.-n.-h ia.l dealings at , -- '-1 YFSIF.RO VVS TRANSACTIONS. ' , . v. i, i nudcrnte tllitiov.'r "f i t ~ . , ' .i rit..-. vith the '■'.•". : lt ~ is) i»>-,<i in •;i.' .it'feriiKti'L -nil. l"if ii.i ,>* i- ,'il' ■■<l'j;c.ts remain* tlrm. , .tit n mo»r i»h. i ,':-.. up* *elle:-s 'vcr" r, , v v.'.-i K ■■" "i '■'~ : > •'■ i n4 vi .usi ■.■Ktilinit! iiiwinw, , n. ml. ■ i V. 1 \t In I m..wh iM..-,itiir.-s i ,„,„. ~ ShiiK .«• V.iKttMlia ,1 1.,.!. ■!' A li-f r:i-;.,-,.a, V. . .ti.t ihii i .iilitiii'oiiKi' Moris ■it n / .mi. .!/• n-rn>r:i> "'I -.on \/. Uef j :i'ni:,', H»s jiri..l ; 0 !. , i . ' ~tri".'ii<v, ,-iijii di i ■I ! ■'oo. Mr, r,y,-M ,\W fcCildare Mining Commercial. Bank of Australia miar-'-. j dropped lV " r is - '*"''" dealings itl -' , "' ' 11,.1 -jss MM. Vaunnal Bank of Aih- i train Mia *o paid shares eased to .£'» , UK i "it !,♦'r :.Miik stocks were also weaker tioldsbrough, Vforts were steady with dealings at 44s and 44s Id. j N*.mv " Zealand iluumntee Corporation i 4iaf« firm, vjfh business at ;>s ' Kid, sellers staying in at that price. ' htiyorn at '.is *d. S 7.. Refrigerating fompnwy shares shew -i further decline, ; mid tli" partly-paid shares changed ; Intuitu at rt's, ds 2d, da id, and dm 2d, and more were offered it ds 2d, buyers i at ds Id. Buyers of fln istchureh <\:\* i share* moved up a point to 2da 7d, i'eit I ihar.'H .'htimrd stroimer buyers Mt 3'J-i. j «tillt>ni at :».)«. R'Mfii ;ii>d <'onipany irmrt ; '«t. i-iim div.d.-rxl, droppf-d to -^k [ dd, miirkct .dnninst *l* ri *i otiycr<!, YM 4»'11.'!-.s. Briuuli Tot>j»ffo shan-H iv.-aken-»d to 4*s 10d sellers. +Ss buy era. Busino»« in Burns, Pliilps at 4'"m -Id' shiovs :. fall of 2s situ** lwsi; ivenk. Mt. Lyt'ilts wcro released at 44s -<nd 4.:« Sd. elosj :mj quotarJotis 43s Sd sellers, 4.1s tsd !>nyfrs. Kildari' Cto'd Minim* shar.'s to dealirurs ai Js "d. Miliw ami Choy<*« Eit'hctiturflS wi>rn n»ti>a»t>d at GENERAL MERCHANDfSE. (.ROCKRIKB. HH»in*fti ' u» > —k ■"'» hcen "ry .i>4 (rnoi nil in.tl.'Stionii • f»i« turimver t'o4*pt«nh»r will mnri' <!i»'i ■nnip»r,- favonrsblv with wim p»rn"» i»*t -.>■ i mlnrtions .his innntH hiv.- '\n' oh t. v i~ ?oo<l «Xl>.«rt,-<t >itlt 'ln- i- -»aic<l '» '>" t"»" '■> Sbd- - Mi.- .' »if '. .'»i-lv 'i-vlioi.niif porliid '>r <BV-'fll '>nnlr« Oi"nhm 1-t ilni'iM <»« iiaviii.'iii nm.lc 'n in.mv r*tH li' rJ who 9r<"t»r ro 'in 'i..u >v»ri*r-»ft« *■ l«»w i« [i.n'itil" mi ttio ln«.t d»v 'f M^iitsmb"" 1 En 3« »r« pniirinv; in ?wm the noilntry. ami rho iiinrk«t ii v.tr« w.-ak, a* |n« »« 10d in «mif i-mintrs tn>v-n« nnH ■"tS 'hlninenta »t» ftslnir m*d« in th« W»«t i;o»*l. .' ith m vi*-vr In r«li.-vlri( tlin !n.-«l funCMtfon H itt«r 4,i|>pti«* i.lklrv ,»mi ioi)»rfti4.rl .-ir* wnwii-lni 'n <«t)tiip in fstTlv T'i- 1 ifi..i-k«i for .l:»iry liutt.-r <hivw< of v->»lt«i>ls*. nt<* *s miiny psstryronkn now i.-.* tn.-tnr-. b'i*t«r it m l»i"nmln« harJ«T «a.-h i» ltn«l an ontlet f.ir farmW hnttnr. Ths prlr* o* n«w '-ion ■»«!•"• »»-tobw N"trnmtwr *h)pm«nt tutu .nlv,ir..-«l ti'l iit .-»t 'i l.ni.<lon on) Ihn niHr'«el !•« ?xpflct.'f| to «o ! li((ll»r. Tina new* i« hoi of much iilt«r«»i I Inrallv aa ni'sr'v ill lhi> hm.ini«ki in new .•r*iF> 'la* .ion^ UriiJiil i.'i' k-.i'ii-'i- ai-i mlht-r »hort .it tlii* modioli I and -ii:j[- ! i>- ir- «•;<>',• u.-1.l W.<inn( ltalT«» and ]>li«fnx ar» .ilao <ln>rt. :tnd (jr. ■» .'■» Hrm TWre limh lecn a .uU i.i.-.- .n 'li» I rin.-rt of .lid .IrainPil eh.'rrif.-'. I n.n Ml* miirkor llfiMil iitl w.r lb. and I it 4 xt»»..d Vv ■>"■■ -In :>-• -f tliar .. »itv »ub [ <i»iui.il .ctv»ii"i'« f* iitlmlinTi* In ths pric.i <if ,-i-y-tHllK.'rf shfrripa. Thns.! litias hsvs ißtflv I .••imuiand.'il ,i .'airly iimvl aal*. and i'li«i-ni>4 | appear to h.' ih« i>l».-o i»f lvinnn pe"l I M a «xi«nt. I Thrtri! « ..t pr*«.«nt a »ery heavy j tfofnsnd i.i» !ora»inM md c»'in»'d I (hip of Mi««e liii«« kfl. sold on' ,-<>miit<it«:v. Tina may atT«ct ths prn-« of i-,m----n«J r»itlatn»a bui not ■■wnnsd p«S", ai fa rlv naavy jxtrcla at th««8 *i"» axpc'ti'd U» »rrim fnun limada Tha demand fur oaten food* i» now nhowinn a ..Uekmuon iff. ,v nilat dour *a!ss ars In-i-r«»)ti». Th« latter i* d«« to eha Aheap pn>'A nf drlad frrnta and «w««, whi.-h mesne thai many houeewsvee now bake their own oakee in ylaoe .»f buying from 'rtke ahupa. * ■•onfi»r»n' , e of and .*oTifer(i«nvT\Wiannfaptiira"* ■« now hein» he'd In W»lltn«ti.B. It i« 'iiid.'r.tood Ihm. the i-hief bnainena !■ in i.ennasi»n «'h to be made by !h< I'Onfaeti.ineTy and employee!.' timona, a* an attempt i* to he made by the Jatror 'o »«'ai>!i.h a Dominion award in "plare of nrov'.ni ,, «l awai-d* ** St pr^ent. NEW COMPANIM. The regiitraitono of tha foUowin< new «ompaaiee are aanouaoed in the " Mercantile Gaeette'" Oraban. Wilaan. and Smeltl*. Ltd. Ragd. Jt'pteniller Hth. 1M». Offlee, 173-130 Hi»-n s*r«er. f'hri!ii<'biir.-h Capital: .£70.000 into Tii.ono of VI e*«-b. S'lhseriheT*— ( hri*trhiir.-h J. C Irfihara. R. Wilson. W. Smeliie J F Smellio. >f W-ir, W. Robb. tl B n'lifnf V. Bidwfill 1 <haro earli. fibjerte. elothiera, et<r., and In-'i-dental. f-onenlkiatedi Brf.-fc and Pipe Investment*. Ud R«H. Reptetsber IMS. C»pttni. s'#oo 001 inso rtOO.OOf) <h»i-(>< of 11 ea. h. Huh«rribera—Auckland T. F f'ark. H. Luke, J C. Bntrican. A. t.rum, A. C. -i. glohar*aon, C. T Muphy 1 sbare eaefc. Objects Deal in brk-k*. tiien. pottery, etc., and incidental. Manainc aad r>orn>?n. r,td. Regd. aa a Mivat* company September I'th 1129 Office, 3JI fitam »tre<«t, I'hrwirhnrch. Capital: jtftfMlO ta »OfJO shares of .? I e»<-h. 3ubaortbar*. A. 3. Manning 2'2on. H. R. r>orreen 2200. W. .1 TthV* .MO, 0. V. W. M'imf.>r< 3<'o. X Dorre««i 300. F. A. Munnnij 3o«, n. 8. t>erreaa A. S. Watkln* 500. Obiaota: To take over busine«s of Manning and Purrees, eroflkerv merchant*, et.*. C. Ltd Kegd. a. a private company *ep«*ninaT l»th. T a s'.<- <M!re, 7J n Colombo atreet, Chriavhnrrh. Cap t*l «4>lo i* 34M ekaras ef /t eaeh. *ot>»«rlb«r»: C. A ft. Lang« HOO. I F fmnimag 800. A. ««rtt d. ». Cnmnvng 3«>. Objeefa: To take ot»t himorm of 0 A. O. T..inge, tomMeoatet, etft. rEILOING STOCK k»AL*. ..-aaaa Assorianotr T«t*OßAit.': KEXLDIXO. September T. At 'ho .t.vlt aale tn-d*y :a: aneep advancwi oo ,*.« rata* 6y U Vo Is 6U a head. Store • uet-y iinoail/ iKior quality j were hard to quit. Th* iMavy yarding of fat cattle) tonnd teaervee too nigh. Store oatsle wore m good demand, wade dairy eatfla sold well at l*so firni k>nree. Prirea F»t pr.me 3ia to J«a. goad »• 1M fcv SOs; Js.t ewee »» to S*a fki. iat wetfaer* jfie 9d to J9* lOd. Atom atieep. Rwaa with over ififi pay cent, lambs Hie to Ha .W, inferior tinea 'l«e 8d to Ma, lat forward ewea l7e 3d to 17* Bd, empty ewea Its 3d. ewa k«t«eta to Ma Jd, b|»cJs(aca hogrfetsi Ma 84 to 38a lOd, wether hoggets 38a Sd to 31* l»d Dairy cattle Springing batier*. bent Ml to MU, good £8 los to MIQ I'M, in.arior JH to *» 1*», epnnjrinir cows, beat Cl 3 I'm to 11.1, good *'lo 10a, intarior Mlis to » »7s Od. Fst cattle: beet bnil-wk* to lift 13s, rows £l4 13s «d, eqna' t" *» par 1001 b. Store cattle. Year! in? I'otled A»«n« steer* «7 10e, Polled Angus eowa and eali-ea 15 7a fld to £l'3. A sparial entry of two-year Aoerdeen Angus bail* realised 3§i W> •**«»•• LEEBTO.V STOCK SALE. Wintry wsatka* eosdUlons srara rsaponaible «er small eatriea oaia« siade in all dopartoient* at Leemtaa atoek sale yeaterday. Vatnes did not «bow any amarksd rhan«a liwa these ruling at the prsyloas sale. The attandsaee waa good. A Una of 0 ewea made 90s «d and a hogget 28t Id. The hiifbMt prlts tor a ta* ptg wss £i 4s «d. Averafe baronsrt made oii* &A to ffOt, porktra from 50* «d, large itm»i 3/>* to 41*. »adbj» Iras* It*, waaaars from «•. Cewt ia atllk bmofst £6 10l h 'l3 2« §i, sprißiers m ta £l2.

N.Z. GUARANTEE CORPORA- \ TION. j NBT PROFIT. SIS,3M. ', i The f,-ilUr.vn(r >* the dirpf.tors rw-■ nort to l>p •<» th«» annual jes- ; • ■rnl iioffintf >t <hnr"hntd(»r«. 'o he bP ! 'i « Wellington on OrtoPer 12th. 1929:—; fhp dir.'cto'-s ha'-" pleasure in sub■nitiitis; -.i di:iv,.|K'iflv>r« rlu-ir sixth in- ' miat -T-i.orf. imi 'm.am'e--;heet for the ; -iir Ai)t;ur.t, -Ist, 192 P. Despite! thp *nncwh:it iifficilt ppriod through \ is-hii-h -he Dominion is still passing, tJj« j •nntnv.T :ihs i"i>n '■v.-il inaint:i.iu«»d. and it.- ;-.>sii;'t- hfn-- lijaiii '■ffn 4atist'actor»'. i'iip i-allfd-'ip capital ot the corporation ■.■ mains at 'sl-JU.o'ft'l, f li<? amount; paid hi on tlu- -irdinary sharps being Bs. V'u. ■ini'.-iili'it --ai'ital 'h £-B"..">v". It :=i .tot .-.»it.it»iT>lat.'d 'hat air- further calls 'Dip jw pront on thp --par's business j £23.20t5 >i« +d. ', .livi.lt'".is. vt th« rate) >f ~..,.,, pi-r ,'cti'. ppv ann.un on prof.'ran.-p j H-.linarv shares, and id per share on \ :lip roinaindor. am.innting to £X7!>9 lis i <.| for th« "ix aioiiths .-nd.'d Fphrnarj'j -JSj+h, 1U29, declared and paid. \ The balance of prodts earricd for- ] .v.ard from la«t y-?ar amount*! to iHOI j :U 'id .md the amount now available .; for appropriation ;s £lo,o9S''is 2d. | The total losses PTppriPm-ed sines, the | .■nrporat.ion .•omwenorri business are •'*- j rremely !o\v. j The dii-p'-t'iri recommend the pay- j aifiit of the usual dividend at the rata j for seven per cent, per annum on pret'erone* shares and also the payment of i r'urther dividend of lOd per share on the fnllv paid ordinary shares, mak.- : :ng .t total of Is Sd for the year, and id per share on the balance of the orlinarv shares allotted, making a total of 3d per share for the year. These dividends will absorS the mm of £8799 iis M. The directors further recommend that I the sum of £."3000 be transferred to gen- : crni reserve account, making the total j nt' 'his account £30,000, and the balance i carried fonvard- ! Two of the directors, the Bt. Hon. Sir ! J Ward and Mr W. Thorpe, retire in ' accordance with the Corporation's ar- ' rlcles of association, but, being eligible, i oiTer themselves tor re-election. Mr W. ! sttiurt Wilson is also a candidate. PROSPECTING IN WAIHI j DISTRICT. | ■ i .THE yaBSS Special 3er»lc*.j AUCKLAND, September 27. *j Kirther progress toward the forma- j ; i.iii of a district prospecting and min- ; mn company .it Waihi to investigate iuthert« unexplored areas on the fteld m iho hope of making important discover. «s, was made at a meeting of the , i committee appointed to carry out pre- I i .innnary arrangements. Provisional j ''directors were appointed* for the pur-J ! po-e of preliminary investigation. \ ft is proposed to seek the co-opera- | n«.n of Dr. .T. Henderson. Director of j ' Survey, who vdll be asked i tu confer with local mining men as to the most, promising areas Tor explorn- | tK.M MOTOR INSURANCE. I 5.1.M.1:. M.I.A. ANNUAL MEETING. I i'ho third annual meeting of the 1 south Island Motor Union Mutual In- ' -u-ii-anee Association was held yesterday. I Mr w. B. Carey presiding. In moving the adoption of the annual repo't and balance-sheet, which were published in Tin P««sa last week. 1 rho .-hairman said that the progress ninue had been maintained. The total i assets were ,£20,944 16s Sd. The surl p'lns on the year's working was £5242 .Is lOd. The sum ot £4537 18s 3d had been added to last year's reserve for mie-cpired risks. This reserve now ; 4too<l at £91."i8 6s 7d. The premium \ income for the year was £16,439 ss, ' a* compared with £10,236 5s 7d for the previous year. Claims amounted to £3713 19« lOd, as against £26lr> Os td last year. The premiums on motorcar insurance generally were substan- ! dally lower throtighout New Zealand than hefore the Association came into existence. The difference in favour of insurers at the present time was said to be about 30 per cent. Mr W. L. Minson, in seconding the motion, said that the policy offered was a much more satisfactory one than could be obtained before the Association csme into existence. He forecasted that there would not be the same ratio of building up reserves as in the past. Mr B. Falek referred to the successful results of Mr Minson's visit to London. The prompt settlements of the Association had also assisted, he said, I in the success ot the Association. Mr W. Wright (Otago) said that his district was well satisfied with the result of the year's working. The motion was carried. Messrs W. B. Carey and B. Falck were unanimously re-elected to the board of directors. Mr R. T. Tosswill was re-elected auditor at a fee of £42. On the motion of Mr J. L. Danks it was decided that the directors' fees should be £4OO. I UNITEI) STATES' TARIFF. SENATOR DISSATISFIED. (L-yrTSD I»X*BS ASSOCIATIOW—BT BX.BCTKIC T«i.so«A»n—comuowr.) WASHINGTON, September 26. Following Mr Hoover's recent demand that a flexible provision ia the tariff measure be retained, Senator Borah nrged from the floor of the Senate today "that the President advise the Senate and the country ii he approves of the industrial schedules in this Bill." .senator Borah declared: "I aak him to tell ns if he approves of duties on cement, pig iron, and other materials, which increase the profits of the Steel Trust. I ask him to tell us whether he U satisfied with the duties levied by this Bill on agricultural products. Will he advise ns that he 1* satisfied that the Bill meets the pledges he made during his last campaign?"— Australian Press Association. SALE OF JERSEY BULLS. (jratss association TBXJconax.) HAMILTON, September 27. The National Jersey bull sale had been held daring the last two days. Highest prices were: Waikato Conqueror, three years (buyer. Sir W. C. ' Mears, Ngarna), 227 guineas; Lord Chancellor, yearling (buyer, Mr J. MilUgan, Hastings; seller, Mr H. Salway, I Bel) Block), 215 guineas; Hua Brook Nobility, yearling (same vendor: buyer, j Mr C- Fell, Bay of islands). 200 guineas. ' Mr Salway obtained 140 and 132 guineas for two other yearlings. iThe average for 72 bulls, two years and over, waa 51 guineas. Ninety-saven yearlings averaged 37 guineas.

C.F.C.A. »

A SUCCESSFUL YEAR. j • . » j SHAREHOLDERS' ANNUAL ] MEETING. I . , '• "ne rh:rti--;'X*H annual general meeting of j "'-'* •~;»n?erH'irv Farmers' Co- I ' >r"rati'-e Association, "Wanted. »« aP'd : a | ; "h»*ru yesterday Lieutenant-Colonel Kenneth j ! ilaekei-'o chairman ot directors) presiding- ! Chairman' 3 Address. : ■-. , ; ., ~,* rreat oieasurc." ~he •bairrasn. o .-.ubnus the thirry-sixth annual j report and balance-sheet. ,uid :o report. , ;h»t the Association n»s aad .* year, and , Sen made a .-cover; - from 'ho position i ; '....,, : , -his iti)»- :.<.-t var- Oi ih« whoi*. •iiw°-f>:ir -Ms » ;av-ourHb;e ou« for our iarm- , ~.* ■" '.' >rK .p s •■,-ir irnOiuTs were good. arid , Vltunugti onairMC- -v-re at wo ■jO'iist "most 0: :hv? ambs were fattened, but- , ■ -cr "i'nrt cheece *way n irest luanfi- < ' IP's, »nd" enough >-'ieat w»«: L -rowu :.o pro- j : .ide quite i -onsider.-.hie -iirry-over. i -The issccmtioE, A *tu pieased to s»", . ! has shared ;n the ?enera!i~ improved condition*. Atid i -lunk i im .-wife m sa.-ing t i bis made a remarkable .-p.-..very iron An i iisastrcra* results of the slump period. This ! result has been made possible only by the j splendid loyalty 3f ,bareholriers, who pm , ..heir business through the Association, bej lieving it would ae a calamity ;o Bourh Can- | terbury if their own company could nor j prosper. To-day we are ibie o say thai i the dfssociation has from its troubles, I ind with i eontinnanc? of *be care, »uen - j tion, and .-supervision riven its affairs by 'ho directors and management 'ogether with j the continued jupport of its shareholders ' is no reason «vhv this Association j should not be one of r he most orosperous n Xow Zealand. Meetings >vere held in Novomb«r »nd December n the -r.-irions classes of ihareholders. and proposals wera -submit*ed *or 'be writing down ot capital by she sum of 25s per share. Ail the proposals *ere carried. %nd an order of the Supreme Coart, «m obtained in May. sanctioning a reduction of faoiial. Negotiations have been going on «or »me t;ime tor the sale of Talbot Chambers; as this buildint; is not being j«ed in our trading the directors thought that the money would he more economically used in a permanent reduction of *he bank overdraft, if ;;he ssie »oes through, and we see no reason 'vhy '-t should noK the transaction *vill be satisfactory u> both buyer jnd seller." After reviewing the haiance-she«.t ;iie chairman 3»id economies and adjustments had been made which enabled rhe Association to yive better and more efficient service to it» customer?!, at the saras rime reducing its cash liabilities, The following svere the different turnovers m the bnsinese: Merchandise t'557.535, sprain £121..135. stock and auction fi«72.095 tot*! t'1,350,7fi5. Last year's turnover i«s £' :24r>.98o x showing »n ■ncreane of .2106,730. The indications pointed f o iowsr prices ruling for woo! during the coming peaton, but he thought this applied chiefly So 3ner sorts, and he was hopeful that for ernssbrads »nd three-quarferbreds there would be oo materia) drop. However. they must anticipate lower prices ruling generally. The Wheat Pool deserved all the anpport it could get from growers, for in the matter of stabilisation of prices is perf formed valuable service, especially in support of those farmers who were under financial oHligation*, in that they were not forced Jo jell in the flood of offerings at low pricas. Adverse weather conditions ruled oonsiderably at ?ow ; ng time this year, and he thought the acreage in the coming year would be somewhat reduced. In conclusion he conveyed to the general manager, branch manager?, heads of departments, and all members of the staff, the best thanks of the directors for the good work d-one which had resulted so •a*l«factorlly to the Association. The chairman then formally moved the adoption of the report ,md balance-sheet. Mr Malcolm Campbell, A-ho seconded the motion, said there w-er* a ;ood few "calls" in arrears, and asked what the Board of .Directors intended to do in '.he matter. The chairman replied that the ''calls" were gradually being paid, and it was hoped eventually to collect ail of the money. Tho directors, however, had not yet dealt with tha question of "calls" in arrears. Mr R. 3, Hurst said he was a little disappointed with the chairman's report. He had not made any mention of Mr ,Tobn Anstey who, as chairman of the Overhead Char|re« Committee, had done valuable work in finding out weaknesses in administration, and i» effecting improvements. Further, he regretted that the services ot the general manager. Mr A. H. H. Shirtcliff, Had not baen adequately commented upon. Mr HhirteHff had piloted the Association through troublous times, and had had to bear the brunt of the responsibility, When Mr ahirtoliff was appointed manager there was a d«bt of £300,000 owing to the bank and to the depositors, and he had been largely responsible for the improvement in the position. There had been a great deal of criticism in the past, as this debt had not been divulged, but if this had been done it would have involved disaster. However. the position had been greatly improved, and He put it down to Mr Shirtcliff, who had not been afraid to do the right thine; for the Association. (Applause.) Mr O. h. Twentyman said he would like to congratulate the Board of Directors an its position, and expressed a hope that it would be even better next year. He substantiated Mr Hurst's remark* In regard to Mr Anstey and the general manager. He pointed out that only £l2l 6s 8d had been paid to the Association's superannuation fund. He asked if the Board were doing anything in regard to the inauguration of a comprehensive scheme. The chairman replied that the Board of Directors fully appreciated th« valuable services rendered by Mr Anstey and the general manager. He had paid a tribute to their services at Board meetings, and did not think it necessary to do so again. In regard to a superannuation fund, it had been found that it must he a contributory one, to include all the employees. Some years ago a scheme bad Been put before the employees, and it was found that some of them were making provision themselves, and if compelled to join the scheme it was more than they could afford. Cnless all the employees contributed the scheme would not be a success. Mr 3. Anstey expressed thanks to the ahairman and Mr Hurst for their remarks. He had certainly done a gr«at deal of work a* chairman of th» Overhead Charge* Cotu»ittee, and also on the directorate, but individually a man eonld do Very little. Xt wa-s the loyalty and co-operation of the members and staff which had been responsible for anything that had been achieved. The general manager most have spent many sleepless nights, and 1« was largely dne to his effort* that the Association had improved its position. In referring to the superannuation scheme, Mr Anstey said that it wonld coat a tremendous sum of money. The directors, however, recognised that as • larse earptover of labour it was necessary to do something for the older employees. A small scheme hod seen inaugurated whereby every employee after thlrtoea years of asrvlae, and on attaining 60 years of age, would he en titled to m mlnlmnm of XT a week for the remainder of bis life. A comprehensive scheme, embracing all the employees, would break under its own weight. The report was adopted unanimously. "Vainer's Scport, Tho Association's valuer (Mr T). f». OglWle) reported that the stocks held by tho Association at July 31st, 1929, were to tho Talne of £165,867 16s. All slow-selling stocks woto well ' written down, and the total valuations were well on tha conservative aid*. Zlactlon of Dtroctora. For tho election of directors tho voting resulted as follows;Shareholders' directors—Messrs A. Austin (154*), T. B. Oarrick (1337), J. Bitrhener, M.P. (613). The last-named was the nnsncceMfnl nominee. Stockholders' directors—Messrs W. T. S. Revel! and 7. B. Flatman. Vfessrs A. C. Martin and J. wore appointed auditors at a foe of £250. PROPERTY SALES REPORT. Meesr* Ford and Hadfleld, Limited, report having effected the following sale*:— On aerooat of Mrs I. Bryce, bungalow, situated corner of Randall and Pfttrie streets, to Mr Coaualns. On account of tho estate of the late Mrs M. A. Crnnnotl, building section, sitnated Rookwood torraea, to Mrs Smith. On aeeonat of Mr W. tniiieh. now bungalow, situated Cnsor's rood, to Mr 3. Reese. On account of Mr W. O. Behrens, bungalow property, situated Francis avenue, to a elient. On eecorat of Mr B. E. nightingale, hi* very flno two-Moray hungalow, situated Boa ley avenne, to Mr /. A, Robb. On account of Mr* M. A. Wallis, two residential properties; situated Tork street, Opswa. to a client. Messrs Ford and Hadfleld, Ltd.. also have I to report having Mid by public auction, on account of tho Trust*** of tho Estate of ' Mrs M. A. Sunnell, dwelling-house, situated ■ Gloucester street. City, to a client. —S • . CLEARING SALE. On Thursday the XZ. Co-opera- ! ti»* Association held a sncceaafal clearing •»!• on behalf of L*ahy'a tstate, at Loke*ide» A herd of 30 dairy cows averaged AlO, the bighoat prte* being AJ6. Draaght • horse* made op to £4l 10s, and a yearling «)*. Tho Mto dm ••« an—am,

iCHEISTCHURCH STOCK EXCHANGE.

\ I YESTEBDAY'S TRANSACTIONS. 1 . . i i in parentheses after galea indioata aurabor at naacate.i j Saies <t«n "Change—Comm. of Auat., 39* -*2). 36a :od; Bank of Atttttaloana, i ..£S paid), SB 10s; Groldsbrough, Hon, 4*s 2), Aa :,i s g> < 3, • 2T.& Onaraatoo .' Corpa. ,'cnia div.',, 9s 10d; XZ. !tarrig. 10« a*. » 3d, 9* Sd, 9* 3d; Boats aaad j Cnarp»nT ■ cnm &*-), 33a 3d: Burns. Pinlp, 43a %1; Ift. x,-rell. if 3d, Baldnr*, 2a 3d ffj. i Sales Iteporteti—Mr. Lyell, <4s: Ooids iwrongh, Mot*. £3 4*l »• Milna and Ghovoa ; Decent ures, £1 7s Jd. j LATEST QUOTATIONS.

DAIRY PRODUCE. PROSPECTS FOR NEW SEASON. Optimism, flavoured with cant ion, as to the prospects for the coming dairying season wag expressed by Mr H. S. Peryman, ehairouui of directors, at the annul meeting of the Tei Tapn Dairy Company yesterday afternoon. Whilst prospects as regards prices were not, is the directors' judgment, quite as sound aa last year, they showed a reasonably sound state of affairs for the coming season, ha said. The prospects—and in this connexion it was well to remember that this was only an opinion—in their judgment lay in and around Is 6d per ib of tatter-fat. At the commencement of last season it was indicated that the return to suppliers, if their jndgment of the market was correct, should b» in the vicinity of Is 7d; the satisfactory average return of la 6|d fulfilled this forecast, but it must be appreciated that opinions thus expressed ware, after all, opinions only, because It was not within the power of an? organisation or individual consistently and accurately to forecast the world's market*. Dnigety and Company, Ltd.. Bar* rneotred the following cablegram from thatr London offieo, dated September 36th:— Messrs Samnel Page and Son report dairy produce : Batter—Market firm but quiet. Wo quote:—Danish 208e to Jo3s, finest K«w Zmland 177s to 183 a, finest Australian nasalted 174 a to 178s, saltod 173s to 178 a, gjMj. loos to 170s. —. • «• Cheese—Market firm. W« quota:—Jfow Zealani white Ms to 945, and eolourad S3s to 345; Canadian spot 94s to 975, coloured 94s to 975, cU. 99s to 9<Jo. The National Mortgage and Agency 00. of New Zealand, Ltd„ hare racarred the following enrbegram from their prieipals, Messrs A. J. Mills and Co, Ltd., London:— Batter—Market quiet. sr«w Zealand fines* 183s, exceptional 184* firsts 178s; Danish 192s U 104s; Australian 1730 to 17« a; Irish 178s to 17«s. Cheese —Market firm. jrew Zaaland 93s to 04s; Canadian watte and aoloured 93a to 94c LAND SALE. Mosers DnJfety as* Co. soM by smew*n at I—«««J£fe ""t**** » **m Of 67 ate Mr Moses Cryor, at AttS 10. an ftero, to Mr B. J. Carroll. BRADFORD MARKBC —. *. , WXTfOIS, Septeasbar 37. Thw Bradford tone is steadier, hat bnsi--SSS. Q**totfsm« •»: 31 id, 40'a> »OdU—Amstmllaav hsn Aaooeiar

OTHER EXCHANGES.

t»axu aaaecurriAir nuknuica.) AUCKLAND, SaptemW JR. Saiea—Xew Zealand Brewonoa deoenturoe, £1 10s SH; Australian Bank of Commerce, £1 Us; Commercial Bonk of Australia-, Jl 9a ed; Union Bank of Australia (Melbourne tegrietor), £U 18a, £IA 13a; Farnwra' Co-op. Auctioneering, £4 10e; Auckland (Ha (eon.), 18s 2d; Devonport Steam, 9a* 6d; Parmeta' Trading, 9a 3d- Now Zealand Befrigarating icon,), 6s 3d; Wilaon'a Cement, 43a 6d (two); Ohinemuri, 9s 3d; Waihi, 13a 4d (tw«). WELLXSTGTON, September 37. Sales reported:—W.Z. Ooverameat 44 per cent. Inscribed Btock (1930), £99 10s; fjnson Bank of Australia, £l4. 13*; Goldsbrough, Mort and Co., 445; S.Z. Drug 74s 10Jd; Wilson's Cement Co., 43s 9d; S.Z. Guaranteed Corporation ford.), 9s 9d; National Bank of S.Z., £6 15s; N.Z. Refrigerating Co. (10s), «s «d. Sal©?; —Union Bank of Australia, £l4 15s; Ooldsbrough, Mort and Co., 43s 3d. DTTNEI/IN, September 27. Salea—B« Beach, 3a (two). Sale reported—Kew Zealand Breweries (share*), 90s. AUCKLAND. [THE rSHM apodal florrica.] ATJCKLASD, September 27, Business for the past week on the Stock Exchange served in the main to «nph»«i*a the easier tone ruling of late for many clasaoa of shares, including bask* and insurance, but gilt-edye stock* remained firm, and there w»* tnstamed interest In ccal*. Tho week saw remarkably little flnctnatiOH in offers for Government bonds and Inscribed stocks, and quotations from sellers remained very raro. There wa» the usual degree of interest in Auckland In local body debefituraa, which are also firmly held. Of commercial debentare* N»w Zealand Brawerie* remained most active, and during the week maintain** fairly well the advaneo mada In the praviou* week. ~ . The banking section, with few exception*, continued She eoaing tendency whieh has been apparent in recent weeks, and moat bank *hart* declined sharply to-day. In insurance the *ame Wend wo* evtaest. The Loan and Agency section was paid steady attention by i*™"""* volnma of busin*** resulting. GoldebrongJj, Morta were most active and during tha week eased considerably, selling down_ to 43. Bd, compared with tranaactjona as Hugh a* 46* lOd earlier tn tha month. To- coal section is at tha moment on* of the most mtoreating on tha Exchange, with #ll listed share* freely aonght. During the week Pnkemiro*, Juat before payment of the dWidend. touched the peak price of SZ 17. Id at which th« rerarn U X 9 0a Bd. Breweries shared in the luietnea* of tha market, and Sew Zaalands, Carltons, and Staples were all done at Ipwar •gorea. r£U «a little alteration in tb« mUealUneou. .eetion. Colonial Sugar*, V«w Zealand Fertili*er», and Wil*on'» Comanta aU showed a M*F-£ n 10* paid *«»»• ** S ** Z** l *^*, Befrlgarating £** most ae«va without material chang* In vahies The ordinary laaae ate* attracted a> alight wcaianm*

JCANTERBURY MARKETS

I LITTLE CHANGE IN YALUm. | i i 1 BT atJB 30MHJBCIA1. I | Friday Evening- | ! Tka potato market has been dull j j during the week. Merchants are wait- } i ing to see what* quantities are SO"»S I ; north by toe month-end boat*. The ; I Wincatiii took 1400 sacks from Tixnara ! t .md Is due zo sail to-morrow man Lyt- , I telton with approximately 3000, wtaist ! 'he Kurow, leaving Timaru on Taea- i i dav, iS expected to take abowc a sum- ; [ 'ar number from that port. Operators ! are marking tame, awaiting the actnai ; quantities before commencing on an- ; i other Gutter. I Values ire oettsr "ban at nie nu<ii Septembers being qwtcd « .-'- !-5b *nd Octobers at up to £3,;**- ~-°-3 • I «.i. tf owavar. them is very utr.e on=i- ; i nesa « these igures. and very raw , < potatoes are being purchased rrom tar- . : mers. It is reoorfced from A;ieK;ann i 'hax stocks are "light, bnt a- few ire being held in store pending tne unme- ( ', diate dispatches from the -outh it > • r-hfe ori light the northern ! stocks will nrobably be further he.-t i m anticipation of a mar set irmraa. | The mnire of the market is invested > 1 -nth * 2ond deal of uncertainty Ai- ; | tboneh new notatoes iave appeared : | \nokland thev hare been sellinC in the > shoos ,« the iM'irv price ot -Ki to -ri i per lb. xnd the recent frosts in the norrh | aro fairlv sure w> delay the new comina forward in any quantity. ■ Oats are nnn, bnt business is nest , door to a standstill. A Gartona are j worth fc Od to 3« 11 ? i SI - W ! 1 Fowl wheat is a shade harder, being ; j quoted at 5s Hid. f.o.b. j ! Seeds are moving s!ow!y. Tne . ! weather is delaying orders for spring !

I sowing. I qnotatloas- ' I The following are qtioTAtions for ] i produce to be paid to farmers, on j 1 tracks fre*e of commissioTi. sacks ex- ■ trn. exrept whera otherwise atnted : "WTjeat— To <3e * bushel for T-iacan. to 6s 2d for Hunters; fowl wheat 5s f.o.b., for prompt. Oats —G.irtons--3s Id to 3b 3d a bushel; Algerians, to 3a. Chaff—£4 10s to £4 15*.. Potatoes—£7. Onions—£7 10s a tan Red Clover—sd to 6sd per lb. , White Clo-7«r—lOd to 12d per lb. ' Partridgfl Peas—To 4b s bnshel. Parf-nniai Ryegrass—4s 3d to 3m * bushel. Italian Ryegran—4b to 4* M. a fan she!. Corksfoot—To 9£d per lb Linseed —To £ls 10* a ton. Bran —£6 a ton. f.o.b : southern porta. lGe extra for smaller packnigs. Poll.ird--£a a ton, f.0.b., a-rathera porta. 10s extra for smaller packings. Flour—Loral wholesale price £l6 os a ton for 2001b aarka, with tha usual inewmentg for a-maller packioga. Prios for shipment, £l3 3a a ton, f.o.b. ASHBLTtTO* MARKETS. Darin*- she past -reek the grain irnl -rroduca ma,' 1 .-;" has been exceptionally quies, potatoes bamjf the only line to atttaet atfa-a> tion. There has been » good retail drnnand Car (Sartoa oats, and sttjrpiiee are dUßaalt ta obtain. Chaff remains arm at dd lOa per ton. am track;*. Perennial ryagraes is is aaort a«gpjy, aad srood heavy tinea are mot easy to obtain. The following; prices are quoted on trucks, oauntry stations, sacks extra:— Wheafr—Milling; Tuscan 5s M par bushel. Oats—A grade Sartans le par s«aaai. B'a 3a 10d; Alaarlaas, seed 3a, feed 2a Sd to 3B 9d. Fartrid-fe Peas—No. 1 grade 4a. Cowgraaa—Td par lb Cor A grade quality. Clover—White lOd par lb. Chaff—a.a.a.s. Mm 10s per ton. Potatoes—White* M 7 par ton, Dakota £7 Its 6d. OTAGO. iXMM TBMm* apertal avaraJce-J DUSSDESf, awptaaihai 27. Whaut —Tliere ia no ohanga to tneazd in tha wheat maiket, XmninaJ euotovtia&a are &• 3d per busnel, sacks extra, aot traeka, country sidings far Tuscan, 6s for Haute™, aad 6a fid far VeiTst Wita the oa-rtaroad haaaka ia the weather toe sowiaa; of wheat ia Otago ia considsrabiy lower taaa ia previotta years Tha shipping price fox iowi wheat from Canterbury remaiaa firm. Locally there ia a fair esqmry at Sa par hqaheJ, sacks extra, etc store. Oats—Tie market is again Tery quiet aad there is pressure to sell on the part of some holders who bought on a forward delivery basis. Oaariaaa tana gioweis are licat. The <-.ootatiaa on trucks, eouatry stdinga far A'a is 3a Id, saefca extra, aad aa Ud for B'a. Shipping prieaa taaw he givaa aa 3s Sd for A'a and at Sd far B'a. Potatsaa The datuiaa ia the price of patateaa has been arrasted, KinaaqTisat em -powers hatat diajiwiliaed to sell at the prieaa aOerine;. Only good qnaiity ia aaqwjsad for aad thaae an saleable at m per tos, sacks included, ex store. Chaff—Supplies af eaaff have baea en the increase aad sales are dintealt to Rake. The current price fine best quality m A, seeks extra, ex trucks, bap) aa the euantity comina; ia ia more than auflcient fer the demand, sarreral liaea have had te he plecext in the stores. Seed*—The seed niarketa Teaxain aa-aaac-rsri. The retail demand ia atjTt geed and a fair quantity of sesda ia naiad* sent to the country diatrieat lax aoerric.

j A RECORD OUTPUT.

SOBTHLAJOk. '.spscui. to tn mzsa.t I2TVEBCABOILL, September 9T. Oats—This market is standing »sry in attst new. The f.o.b. prices an approximately 3a lOd pn bnshel for A's and 3a 9d tor B's. Stocks in Inwreargiil are 7«ry email jsat now ud caHj * limited number are being sold for shipment. Prise* to farmers for A grades remain the am, namely, 3s to 3e 2d per boahal, sccordias; to w«i%4tWheat—At una—at business rn wheat is confined to the loeaJ poultry trade. Tic price to farmers :• nominally Sa 9d par bushel for Tuscan and up to 6a 3d per boas*! for Velvet. Chaff—This is in good supply. A food proportion of this season's chaff fr iwi 11 —il to be dark in colour, although the qualitv ia all other respects is satisfactory Good bright Hnea are worth ap to JM 10a par ton ot» trucks, country station*. Grass Seed—Then ia still » food demand far both Perennial and Italian. Stocks hald locally are small and are probably oaly sufficient to supply the local seed trada, so that merchants hara not mseh to sell for shipment. Ths pries to farmer* ia 4a 3d par bushel. Created Dogstai! has been dtiH « sale this season, and prices base kept Uw, the price to farmers for export qm&ty, machine dressed, being about &|d par &, while for darker sssd the price oa the bast basis runs out aa from sid so «d par lb. Potatoes—This market ia quieter than nsual. Prices locally hare receded xm sympathy with the sosition ia Canterbury Ths vfcne for good tables to-day is ft per tea on tracks, country stations. There has been a fair demand for main crop varieties of seed potatoes, prices rannin*; from shoot Si per tea trp to JT. Attm CWef seed potatoes j*»v n t* "* d * m * Ed ** railing north, and these hare heea commanding; £4. 10a per ton on trunks, country stations? "^ POULTRY AND SGGS. 7*rfjjags of poultry came forward qasiiti**of hens, duo to tits low price of The Ripply of good table chkkans and duets * SSL**" - &* *** «•«»**. OW roosters or *nw diaWt to quit. TVs following *£!£«. fesfitoed per aairi-TabS J" 'iS - *- 7 " *° "■: tarkeys, henslS to 22», gobblers Kb to 4ts SKSS-j" 2 , * port **** its Prices ar»j iWgradjben eggs la Id ner doaen, and second grade lid. " Messrs afaaHilaac tad Co. lenuit she

TAI TAPL DAIRY COMPAQ WFFKXXT TBADQfC conditions; In the .urn"*-* report airesey TtfciiaaiNi . presented at -h» anm-ai fi-Barat assllaa, * the Taa Tapn Co-<rp«ratr<r» C*»nrj "Maeer Ltd.. held r««*«rd»T «*•«»•• at Te* T«->-:t was stated -t»i 'here laat ma a ree-.-- , output at tha iactarr farms; to yeas. j|2. E. P-rymao, jhaMSßan nt ■■*!»»«——« .r» tided <n-er a aD»il »:!i«ttif. »j «*unr«roolderx. la aaraf :a* adop- -a 'i '!.,* »- - •L2C.-I -<"»<Tt and ha n— -teat- - *---. ua tT»«»a rv-*--h -et>«*T- o jia- -.»> 4**r-° * ■■-.ia - - ■■»: a* -—.p-. »t.»r. --—a = -e- i* —-* , .. ">.. i- i-. ■-.- «■" i=d*r -- . ivatan mi i"»a 115 aiy atiifaeto--' ' «4 -»»ea> aa i>->di,nc'? ii3s-u*i --sir .- -•■*»■&» ~re» « •audition*, iue -« - lamta ;Ua ~ - a -.-.::-" \::a - »»» "~..j i~ -* •■» » 'a- i' > » " i »:* *— -—-».. - _- ."- on* i» "C-.» ST-<—,—-- LW • jfcr-or; la "is rr-n- * _ . ■ ..- A itate -n»: "~.e p» ■- »t - c -'•~»-'i ~ '.c- *ep £«■ ar-irr ='iS-a - -'» m - '■-.-nut. »» t a "»k le-newet -.»*- -:-.j si i« -00-; -i- **•■"•.* n » ■*i "or" ?'.i » 1 ~-—a: ~i- j-a ta -•■%«• «. 01_. .1 3«-~Oa iIS lalre *W~I KU d «*W—« • -un i;>-n "» Tia.-S ner— .".a ae arra* -» don. vn-r-n iitov«« -t -asac*-! uti we*--The •,?».■ ■'«. i»«i -»4 »»«! . -a «* JaTmnnip i-*e *» -»*ard* -rotin-tMa. ~ •rea-e - j■: i: •*» - *•». -w «t-h1 - _ -. idou; i? 't# <'>.rsdid «>u.r ~ f.T hj« «J»--.a« if p* ji 'tic minT *«!■■ . •* ■. . irjtoi. i* "her* »»» i-ii* -«•« »; jre»--fi>pe jo :. u.d "t» -"ii rr.»'. *i>» j*» - ■« s so inJj Mt nt "h*t a»r* «n»«ars » itt.e oece«»ii7 .ot -aißTiii V«.! . «■ •a--*"' ■he llrertors j srrar»«uac wui«tj.t;»« f th» ;*ct as; ►«.- vsuie >» tl™ -cs;-:* > » jtieratioin. ir -. l -Zf iTorvt- "■? w» •*■ Tao* «sa «»k \~?m run— <rz*b»v<> Men aarr-.ed jb af '** -a«»B«-» »n* rel 'he i«n aja it •are-r'vt .*»• ifiim i—■• expenses icd mmde am :*m -teras: > -r— - ji iIC" -dd "'"■ "fct* —»r ■ « —' i ' -» - itsiribw • arra* .a- .'3r->- —a-* *t a. —Bli'l zt *-ae"her •*-.■. ir—>_=: ->* a »•*•* -rt » -» a-.ind-<H» -r -a» -r i jaa . —■*•- - *j«» e»r»>iai> .io»t- im ---3',«r, a* ' don'it appr«ri*t« tbe , adraurp p»ttj!»iiis "!tr" , n»Jioa: ~s» rear '» was made -jnaaiai* by -a* tet tsa* ■*» »«■ Icet steady asd cdieaiiaeaßi "*r« <e»a*. | TFfrh regard :*> "he #aal a»i ■■ i' »%:-* » recuauaraded 2id aaa ** '-**» »«aiß -**-» ' he -onpat:- n tae ?r»t»iar -w»«'"o= ? I ria tt»t *he »be*» it '•a*' r "''* i Tit h regard J> " I** \j*!itiurf veatn ~*^ ' ic-r lav- j*«a -..otrsad af «a ■***»••-•• "he "•>' .a;r.« -»f "-t» 'Sxavila* -* ! Z "hiik. 'he -itiio lai err**** wlibbi "»? -»>■ } iniaf- , k> t •""-i.t-r -he J * i 'lis 3nra. i» *. s 'ar ™» r»«:r '»» •-*• *-'- —he -He I""**" n * ■■star- - {*i —■-< nuuor ?»id a a«m«i *-*" » -.£* - -sr-.»* | States ->* .mertra 'off hj? -irpaaw ■»* ■*«•- 1 satiaa "ie -ea f-eaia haata«ea. WJaS a"a ' TVjjf *n ■&•> "»»T -otaantateata ha"~ii—< i in? :*e -»*f 'icdpr -Wfw i <n- .« aaa* » • ijpptw.iir..— a< i£.->rnnis« _ '« i *»■' *eaae) wr Tear >Ui*«*d *»» be*-'! ;f>isa - * in rf -»ais. 'M'% »"" , ~- rait. to oeiitTe. id 3—eat «* mu »*ar—holders »nd »mi|aUi» if taa eeaasaatr. Jubb-* irons :ne aast va.aaiia B*arajaaais retjardfnr - ea .leaai «ae> eaneiel » rf eame "ha* "lie *t>irtT)-uiT s j-jeaat'oss "* "**■- 9t j -rtiits arita j T-io-riedtr- 1 *h"ii 53-a*-a •* »eii eajti ":• -."r*** and *»""r»«-i*e ■a"-ot"wdL"* The ona.ra-aa ihaafceti -B-wtlerm ass -i*.~ holders gansri.lT 'or r l>» "»4*iiai--3T€-a the c««l-J-uiT. H* aaii "*» <--«c-.-r had under aia-Bv-sax-oa *ae> -faaa->-»m whet&ar it -rani* b» gaeaiblß) «e paT * v*£joO pawhaeea made 4n»-»s -a«> naita ~ »r i J at "he -ioae <»t vhe etianiu- "ear dre Ji jar"j meat w-w.d b» r-» - rr>« i-id. i 'amati p<r•tibia. a palicy -maid ea iiaefiTii-ad. - j >n»!ialf -if tha be-ard. wtd ">-« -eae -atra -m ■* - behalf alao. he trou-d Uie 3 "ii-iit 3»" f aral manaaar and sae ata2 iar *a"cor tdbi'i darfna; the past -Mar. Mr H. J. aacar-acj. »*• >" ■»*«* ""- raotion. said *a aßMtt of tk« tfeaJ-a ii*■ i, -"-« bonus "laid m a -i>ea«as-t »ir-ar-«*. that ther-» eraa as -tr-stwa aa-ia '" the ainoß-it of b-itter ~aa4« ar -» "w. -w----txrasd. Be had «eaai a the Hiiiart at" i-t-t -»- Ckriatcharch dairy eps-r-atar iltai -t» -am=a«-«-saet statad that ita ■aiaiii -eara >IM par pound. He aaked -chat the -o-c jar •*» aaac* aparatiaß w«a «• Am TSai Ta-am HatfT u» panT. Ir C. P A*»!\ aaaeraJ -aauaaa-r. awd —« •aex to taa Tai Tapa Ciw.ia-f -aaa i:*d -H>r psumd. Kr Maexr-aeT aakaa way aa riaaa *z ~»W and aambtfitl aa*ta aaa appalled at se ooxnvanT 3 ha;aa ee-<aae* far yeaaa -see*. aapearsd -ras m 1913. %aaa 4a *Ae ans pa-ay had turned a?* itWLMI aa-d Ht ha-> iijjaileil -o -he i-nt-tor-i dfeat tave "-ear s ,efef«ax »ho-tid i-» -sad« -» i-eea iitin T'-s imouat itt-rai-red -"-a* £ia- V;- -ws-aa-ae ■* time and tiat -jr»>-ia--TiC3-. mi aa* Ba-iae.---the-tt 230 of t*M dehc< !tad -s-aaa ■*.•»-• aaßt>-ia;iT did ae« ar«. Tata aBM-Aeas-poeitiou -aaa drna he aaa aarial -aejaaaraa ai tnadiac ~a jataetieß. Tae met-aa flar the i-ao-r-aaa mt Baa laa i - waa eai'-.ed tta«M-«»o-iai-p Xillex, -whe Had rattr-4 taa <a7*aaa-»«. were re »i»«c»*-l. Th«y anlaafc -aaßan»--t -haul-. .V' hf-nr ea>4 It »—■» W Hi if «j*y had aa etectima jeniialaaHhr -rcmld aOtrw ihei aaeieiei aa ea-aa-e-a-aajltTr "* jiTe az-treeeioa -» taalr > ae j-e*a*, The direet*--- iimii la-nlaiie -aaa Saad > 4a mm 9jpa» as ft«r 'aat -raar. Xaaatfl S. BV. Cay-pII aaVi Ca. -aaaa el tii lad auttrt-n-a. A -mniii'ii ef a-~fß-eaa*iaa «f aha ea-rn-Boa •* the diractant* aad ttaf waa wantaaV Mr ■ FBOZSk MBAT. Tlal|ei j aad CeaT-paay. LadU. aar*w **eaar<r«el Ike Saßo-TTBg eahiea-raai *r-ja» taear ließMba. aatea, dated gejlaiaae-f M»>JTaar Zeaiaad Fraaaa ' aaik Vaiilii Mum. TT—l-111 ii in lj C a.narjiaaj:— t *e*tai. Outtexh-try aid. 3Ta-rA lawaki aid: »• OaatartiurT SaV XirU TiJaad tf-1: anei . g-talitr Cansarfcary ad. Se-rta lafcasd M *3 JOUi, Caaterh-ary TJd. sert» lafaii rj-4 Vraaea Kattas—atarxaa bzbmt. >-au-o* --aae pr-t-i«iaan7 es ligil e-emhia ■Qa-ieiiai ttoat:—*i/MTav CanteT*f-n-y d#d. V-r-rn blaad Sid; 5«-«*i»» Caaterb-i-ry Cad, !*e-na lalaad sfd: wt-TSk. Ca-awaary Jii. 3i«nft leiaad Sfd; ewee, ti aaih, Caa-a-THC-y e«a. SartM lalaad 4*dBaaf ai|MMM ehiUed kisdk M. iarea M; Aoatraliaa jrrta-e ex ttiads 5%4 *» *d Pork—Markaa vary ana aad aawaßa-e; a-a> warna. D-Haand arti-rs. Qowtatioa-i. — Enas:ai poHtera, SO-IMFh ISd: "few JTiaaliaaw piahan. 90-100tb M; sea reaiawd -aarkara. 100-120L3 Sid. RAJniTSKEr SAUL (eXISSD tllU i IIN lII' ' • —"rr a-L-KXVJC -aßt-W»UWaT— a««ras-bwfj LOSBO'S, a«-9Ceacbe-r V. *i da* rabortafca aaiea, 3T9w baiaa -ear* <-Sarad. TVere was fair ammgmttzzam tsom. tit* fiooaf tcacia, aad abast half aaa eatanae --u aald a* eaaexaßy 10 per eavA. lnaMime. e-e-eD'S for raeka, wkiak ware araj aaa! a-acie.-!S--c A--atr»li»a Pteaa mmaaMnam, Vmitmi a»--i«»

BRIQUETTING OF COAL. j

CiOVBRNMENT EXPERIMENTAL PLANT. rsisss *;liO(-[Arii")M rixi'..ruM > WELLINGTON, September 27. The acquisition of na experimental liriquetting plant capable of producing tv» to ten cwt of briquettes a day was announced to-day by the Minister ia charge of thr Department of Nei*>ntirlc and Industrial Kf-mari-h (the lluu. Mr At more). The Minislci «aid tho plant was r»»itig obtained on the recommendation of tbe Fuel Research Committee for the purpose of trying out various materials as liiixltirs fur tin- briquet ting of coal. The jilitut would be flexible, and mom suited for such experiments than would lie a large commercial plant. A* the coat of binder* was an appreciable item in brlquettiug, the work was highly desirable from the Joint of view of briquettlng carbonised residue* and distillation, and aNo for taw ■link. BEEF PRICES. PROBABLE SHORTAGE OF SUPPLIES. [Tnl 9UM flpscisl larrie*.] A TICK LAND, September 27. The opinion that prices for beef will Continue at a fairly high level for some years owing to the falling off in the ■apply from the Arguutine wan adTaiimed by Mr J. K. Makglll, chairman • f directors of the Auckland Farmers' Freeaing Company, Ltd., at the aunual meeting, Jn support of thin view Mr Mukgill quoted article! written by Sir William Jlaldaiie for the Loudon "Times" with tbe object of awakening Great Britain to the possibility of a shortage and to the advantage it would be to produce a larger quantity within her own borders ©r within the Empire. In the articles the hope waa expressed that Australia might yet, in spite of past discouragement, set to work seriously to meet the uversM* beef requirements by grading *p tier eattl* and increasing her herds. "This last opinion is one to which it may he wise for us here to give some heed," said Mr Makglll. "Is it not possible that if we devised the beat method and need the best stock we might be able, even in this country, to do some-, tiling more than wo have been doing toward maintaining the required beef or Utal supplies to Great Britain with advantage to ourselves and to the Empire, instead of allowing foreign countries to maintain their grasp upon so important • requirement of our people." STATIONS CHANGE HANDS. (»uw amouaoto* raui»a*M.) GlfißOftNE, September 37. Twn further land deala are reported, One affects the Anaura Station, being the said of 0000 acres, part of the F. Mall estate, with 9000 sheep and 800 •attle. The price paid for native leases, stock, nnd improvements, was £40,001). The other sale is that of a freehold property of 1500 acres, at Tolaga Bay, which changed aaadjt at £lO an acre, AUCKLAND FARMERS* FREEZING CO. ANNUAL MEETING. ITU nill Sp«eUl Setlfles.} At'CKLAND, StptemW 37. "W# .•»n lastly oialm that our company ll now iti a voi-y sound Suanclel petition," ■•lit Mr J. K. Makflli, chairman of diroolurs o( tha Auckland Vnrmett' Jfrsotlnt ComHif, to tha annual mealing of shareholders. Tha arnfU for th* jssr aha wad an increase *f jUilft, uruountui* to X14,6T9, which, With tha taiuunl of I-Mjul brought forward, save Mt.Ul •« «il to deal with. Tha dividend prupuurd «n again (J par cant., requiring 418.3*0, and it wit* pronosad to tarry £300? Ha Id to tha general reiarve, muklnf that •aeounl MO.OOO. This left 14484 Us M t» earry forward. While shay could Justly oJalm that their ••tnpaajr waa now la a vary sound financial imiltiott, thay mill not fortst that tha tlraa waa sasataff very rlose again whan considerate* extra provision would bo required to }>ro«lda for tha expected continued developirtent of tlio dairy Industry. Judging from tha past record it seemed proaabla that thn quantity of butter and rhssie to b« bandied by tha end of three or four years even would nteao vary greatly Increased storage capacity and improved fficllittaa for handling •Witt an Immense total of package* at would he Involvsd. Daring the year the milling of hobby ealvet had shown an Increase of 75.935. More laaiba had bean hilled than arer before, an iner**** ef IMTT, hat thara had been .a ■•cress* of 1484 in nation. Tha number ef alga dealt with skewed a substantial insjr*at» of 57.0 U. WHEAT. LONDON MARKET. ttmrrao rata* *ssocaATio*-~av •uscmuo tnuoaare .eovrmroirv.) LONDON, •sptsmbsr M. Cfcrtoos are ataadier. and pries* ave tend* tug ta k*» higuSr oa adverse Australian crop tnperta. t'arcela are in good demejtd, and priosa ate Futures in London are attotad:—September Ms »d, January Sit SJrl p»r quarter. At MverfrDwl future* am quoted)— October te <Md. Decani ber Da 4]d, March lf*s, May Ida SJd per cental. Spot trad* is quiet, and prions mostly am eaater. Anitraltan ex ahlp, tils par quarter.—Australian Frass Association, tTnited ■srvioe. N'i:\V YORK. September B«. Chteage Whaat are:—i*pt«ma«f 1101 cent* a hnihat. t>eecmhi»r 1:17J eanti, Marsh 14»I ounts. May 147| eants.— itiiatrallan f*re»* Association. WOOL. ( LONDON SALES. ft'jrrrwti ranss *s#o«iatto>i—at ataeraio ivutwsura -oorvaiear.) LONDOV, September t«. Al the weal aales Io.tPS Was were offersd. ef whleh 413s were from Haw Xsaland. There Vsa a large snd represents* ♦lre seellea ef inerlnoa snd • food offurtnir iif graaay «ro*abri»d«, and aUo many Kew Zealand grassy m«rlno«. The la«t-nani>-d ware nteatlr withdrawn. There waa atesdy genarsl eoinpatltlrm tor all other aprts. and jirtfea ware maintained—AuMralUti Press Aitoclslloa. NATIONAL WOOL ASSOCIATION. (ea-rtsD rss*i *sno«*Troit-iv gtacraio T-SLSORAMr—■•orraia-iT ) WAiHIXOTQK sispiatnbsr ««. The Federsl rarta Heard announced today that it wenld oontar with woolgrowers at Ctllrsgo on October 4th for the purpone ef orgaaialng a national sasoolatlnn te handle wool.—Australian tVeas Jksseoistlea, United

I THE FRUIT MARKET. CHRISTCHURCH. c \Vigeiables were very Je*r •',o the- market y* uterday luflr-iint;. (iiecn pe»A, of which Uicro were on!, .i i.:* pounds ior'.vard, lealijed UJ i>. r il), n«-w *;.o;atoe-i Is ad per lb und iiothouae lomaloea 3i» CU per lb. Ca!jlm;.-es and cauliflowers also improved in p:t 'f. A shipment uf Cook Island iiuu. a stu.ill shitin.ent uf Sydm-y und .>outh Au«!iaK)tu uuil, time to hand Uunm' ihe wdek, and pvU'ca w»*re firm, 'i'hcio be no ateanur iiom Australia next week, and (ivaraeaa aupjiliea row ou t'j« markt't wil; havu to last ul leust a foitni'jht. For colour::'.! varieties of upples prices h»ve iniprovixi »lit;ht!y, whilo other varieties are si-liing al rs'.-tnt rates. 'l'we aro ruling prircn:--Apples, Delicious, per taac up to 12a 6d; apples, iookn> t ;, per iuse 7a to 10s; bananas, Cook l»ian<l t per case up lo 25a; lemons, Auckland, p« r cane 12* 6d to 17a 6d; lemons, 'i*"r.itco, per c.i»e ny to t>7» Iki; mandarina, [>er oust! up to 2us, oranges, 'Frisco, per case u;i fo 40s; pdnaions, Sydney, per oase up to 2.55, pears, duasvrt, per lb IJvi to 2d; tomatoaa, deaaert, per lb up to 3s 6d; asparagua, vcr dozen bundles 10« to 15a; beet, F»r do/.en bundles, up to 2s 6d; cabbages, per doron, up to 18e; cauliflowers, per dozen, up to 18s; carrots, per dozen, up to la 3d; (jreen peas, per lb, up to 2e 6d; leeks, per bundle, up to 3d; lettuce, per doaen, up to 8s B'J; potatoes, per eiiKar-bag, up ta 3a 6d; onions, hx'sl, per lb, u;i to lid; P»rani)M, dosan, up to Is 6d; potatoes, per sack, 10a to lis; pumpkins, per lb, up to Old: rmdishe*, par dozen, Is 6d ; rhuharh, per dosen, 6a to 7s; spring onions, per dosan, up to Is Od; turnips, per dozen, up t-j 2s; spinach, per doten. up to 3s Od; awedes, per sugar-bair. Southland, up to is fid DUNEDIN. • (spin AT. TO TH* rRESS.I DUNEDIN, September 27. Business during the week hna been fairly br.sk. The Muiititia brought 1200 caaes of fruit fi\>to Melbourne, consisting principally of Navel oranges. The oranges met with an excellent demand as it will be some time befora another shipment arrives from Victoriu. Transhipments of I'n.rotonjjaa tomatoes, Californian grapes, find also oranges and lemons arrived by the Storm on Thursday. ThftHe mat with a good demand ut the auction marts yesterday morning. fNVBRCARGILL. (•racist, to Tax raass.l INVEROAKGII.U Septewber 3T. Kormal bnstneas is roportsd in the InvercarKill trult marls. Heavy supplies of Island tomatoes came to hand during the week and met with a ready demand. The condition was mixed, and at a large proportion of tha fro It waa green the supplies will be available for some time. Dnuannr. are ag-ain in short supply. The next parcel Is duo hy the Maui' Pomsrtt, arriving In Dnnedin ou October 15th. A umall panel of Rnrotongan bananas were auctioned yeßteriay aud good prions ruled. Victorian fruits are due by the Mitnuka durinir tho week-end. As stocks are practically cleared a good demand i« anticipated. Owing to an acute nhortajce and tha extreme prices ruling In Australia, values for citrus fruits are expected to be very high for the remainder of the season. Apple* are coming forward in lighter supplies. The better samples are limited. Large cockers are wanted. Rhubarb is coming forwtird freely and atsetlnsr with a good sate. OauliJUiwa/a are in short supply, but lettuce and Either spring vegetable* are available In good quantities. Dessert pears, Sx Ohristchureh cool storss, ars meeting with a good dsmand. Only small parcels have *>ma to hand, howaver, but the sample has been very sound. Current prices for the week are as follows:—Dessert apples to 12* 6d per cas*. SecSad* As to »» od, cookers to »*: pears to 3|d per lb; navel oranges, a3s Od to 80* per ca»s; lemon* to 80s; tomatoes, 12s fid to B4s; cucumbers to 18s per dozen: grapes to ail* per keg; Rarntonian bananas to 90s; lsttnr.e, a» fid to 4< 6d per doaen; cauliflower*, 4s rid to 12s; cabbages, 3s to ss; carrots to 12s 6d per cwt; parsuipis to Ids •d. METALS. LONDON, SsptemW ». Sept. art. Sent. 96. ■ .. (P<». tori.) <p«r ton.) wppsr** * s. d. £ a. A. Standard/ spot .. 74 1 a 74 1« 10* Staadard, forward 74 11 8 74 18 8 Electrolytic .. 84 6 0 ft 4 6 0 to .. 84 M 0 H 18 0 Wir*. bars ~ 84 15 o «4 15 0 trfnd - Spot .. .. 28 13 6 23 18 9 Forward . A .. 23 11 8 23 11 a Spelter— Spot ... .; ?4 1 8 2S 11 S Forward .. .. 04 7 6 38 18 9 Tin^ Spot ... .. 305 5 0 208 6 8 Forward .'. .. 209 11 8 30T 8 9 Silver— Standard, os. .. 99 MM 23 9-16 d Fine, os. .. 98 3-1 fid 93Jd —Austratnin Press Association, United Servios. GOVERNMENT SECURITIES. fwrriß raxaa AssocuTtou—»t atteriito T«LaoaA»n—corraia ht. ) LONDON, Baptsmber 86. Th* following ars the latest quotations for Government securities, compared with th* prices ruling last week:—

butter' and cheese. LONDON, ,Bept**Bb«r 30. Buttsr—Market I* firm, with steady trade. Danish »00*; choicest ssltsd Nsw Zealaad 188s to l««*: Australian 17Us to 178s per owt- unsaitsd: Nsw Stsalsnd 180*. Australian 17« i to lT«s per cwt. Ohesss—-Market «rts. Nsw Ssalaad, whit* and coloured, »8l » 94s »« nwt.--Austrslian Prsss Association,. Oaitad Ksjrvissj.

. BANK OF ENGLAND RETURNS. (rxiTBD , rasas associatiov— by elbctbic TBLEOSAPH —COPTBIGHT.) LON*I>ON". September l'«. The Bank of Knglaud returns for tbe week ending Wednesday are as follow"?: — ISSUE DEPARTMENT. Kotea lasned I In circulation .. .. 301,071,436 Ia banking dert. .. .. a0.e66.:551 Total .. .. 391.937.537 Qevaraawnt debt .. .. 11,015,100 O'.her Government secnritita 235,731,309 Other aeenrities .. 8,405,843 Silver coin .. .. 4,847.248 Gold coin and bullion .. 131,037,836 Tota; .. 391.937.537 Amount of fiduciary issue .. 260,000,000 a BANKING DEPARTMENT. Proprietors' capital . . .. 14,553,000 Resi .. -• <• 3,760,952 Public deposits .. . . 14,704,568 Other deposit*— Banker* .. .. 56,954,329 Other accounts .. .. 36,448,027 Seven-day and other bills . . 2,682 Total .. .. 126,423,558 (rOTcrnmttnt securities .. 08,871,855 Other securitia*— Discount advances .. 3,232,880 Securities .. .. 32,177,744 Notes .. .. 30,866,351 Coiu .. .. .. 1,274,723 Total .. .. 126.423,553 The proportion of reserve to liabilities ia 29.77 per cent. Short loan* are quoted at 51 per cent., end 3 month*' bill* at ti o-ltt per cent. (The four items constituting the fiduciary issue are: Govornmeut debt, other Government securities, other securities, silver coin.] —Australian Press Association, United Service. MONEY MARKET. NEW YORK RATES. NEW TORK, September 26. Trie cail money rato of renewal stood at 9 per cent, all day. FOREIGN EXCHANGE RATES. fßßtxisa omoui wibel«ss.) RUGBY. September 26. Par. Sept, 24. Sept. 2G. Paris, fr. to 11 .. 25.92 i 125.565 123.865 Brxissele, Yve!?as to £1 3 84.575 34.875 Oslo, Itr. to *l .. 13.138 13.205 16.205 Copenhagen, kr. to Jl 18.159 18.315 18.205 Stockholm, kr. to SI 18.159 18.103 18.105 Arusterdam, ft. .. 12.107 12.CS<j 12.035 Berlin. Reichmsrken to £1 .. .. 19.500 20.36 20.W3 Montreal, dol. to JSI 4.S9g 4.8!) New York, dol. to £1 4.38* 4.74 27-32 4.85 7-1G iiatavia ■• •■ 12.107 Ii.UJ Prague, kroner to £1 24.02 163J IB3J Oenova, kron-r to £1 25.20 53.155 05.163 Milan '.. .. 82.46 92.e85 92.693 Vienna .. .. 84.58$ 34.40 84.425 Hel.«in<rfors .. 193.23 192? . 192J "Madrid .. .. 25.22 i 52.515 32.795 Lisbon .. .. 4.50 108.20 103.05 Athens .. .. 35.22} 375 375 Bucharest, Iti to £1 815 817 817 Buenos Aytts, kroner 47.62 47 7-S2 47 7-32 Rio d« Janeivo .. 16.0 5a 5? Bombay •• •• I R 'B 17 27-32 17 27-32 .. .. Ml 27 27J .. 24 222 13\ Yokohauia. .. .. 25.22 10123 11-18 LONDON MARKETS. (tJKiiafi psass Asaoci*Ttow — at electric TSUSOXAra—COTOtIOBT.) LONDON, Sf(item'oer 26. Flour Maiket ia dniL Australian, ex store, 86a 3d per sack. Oats are slow of sale. Peas and bonne are stead; - . Sugnr— Beet, Ootober delivery, 9a Gjd per owt. —AnstrAHsn Presa Association. VICTORIAN MARKETS. MELBOURNE. September 27. Prices sre : Wheat—s« ■Sd » bushel. Flour—*ia 15s to £l3 a ton. Bran— £7 10s a ton. Pollard— XT 15s a ton. Osts—4s 2d a bushel. Barley—English, 4a to da id a bnshe!. Maize—ss 7d a bushel. —Australian Press Association. ' JUii.' If" ■ IBIM ""I, I gf

At g*. nxarnet one* for L ! h .s\ "•^k. Last W#*k. §<-ptwnr«r ■^iiers. Buyers. Ssllers. Isst "ear. S si- £ *. d. a 4. d. jj a. d. g a. d. W.Z. Government Debentures— 43j per oent, Inacnbad, 1930 .,. _ » 12 .- 99 7 s 99 xa n — '1 p«-r cenf. Inscribed. 13S8 :fw » •I 100 3 '1 00 7 9 Tft 7 .-i t$ per cent, [ascribed, L939 ... 100 5 0 100 S 0 — 99 1 8 i* per »nt Bonds. 1930 » IS .; — 99 7 9 -i* ne.r cent. Bonds. 1988 wo „•; S U» 9 5 — » J 3 • r? j«r "p-nt. Bonds, ii*S9 100 % ■i _ 100 2 « — 39 3 9 4* ,»r cent. Bonds, L5H1 100 3 0 — ... 19 J 3 o 2 per .i*nt. [jisr.rihed, 10*1 . 99 10 0 urn a 0 .-. — - \ n«-T cent Inscribed, 1941 .. 39 17 8 — — 99 10 0 •; * per /sent. Inscribed, 1DSS 101 1(1 0 108 0 0 — — 3 i isr 3«nt. Bonds, 1983 101 10 f> — 101 10 0 101 15 0 101 0 0 j . 1)«r cent. Inscnhed, 1966 ., iffl in ffl 101 10 f» — loi. i o 54 per cent. Bonds, 1936 101 15 1 — 101 12 a — 101 0 9 Other Debentures— Aiicklasid Electric, J% psr oent.. 1945 —, 109 10 ,» — t ox a 9 — Christahuzeh Trams, 4) per oent., 1384 ~ 36 S 0 — -~ — X.Z. Brewwries. Bonds 1 10 3 1 10 3 1 10 ii l.ll 2, — filters' Pictures, 8§ per <sen».. 1949 1O0 0 0 ._ 109 9 9 —■ N,Z. Refrier-, 34 p« sen*-, 1986 . — 100 10 0 — — — Baaln— Adelaide - - *. 9 17 9 9 IB I> 10 0 0 — 9 15 0 Aust. of Comm«ro» . _ 1 18 3 1 14 3 1 14 0 1 IS 0 1 13 9 Australasia (cum diT,; .. — 14 10 0 14 12 « 14 11 0 14 16 0 14 19 0 Comm. of Aust. 1 8 9 i a tl — 1 10 t 1 10 9 :?., 9., and A. .. - S 4 e 3 6 0 — 9 9 0 a ia s National of N.Z. _ „, a is 0 6 16 0 a is 0 9 17 0 7 4 0 New South Wales * 44 9 4 SI 0 0 31 5 I> SI 15 0 80 o 0 New Zealand ., ,. _ 3 a 7 3 J s 3 3 » 8 1 S Queensland Itfational - - » S 0 9 14 0 !> 15 0 — 9 3 6 Union of Aust. * — 14 3 0 14 15 0 14 13 0 ia o 0 is s a Insnrancs— A.PA. -» — -o e is f> 0 IS 0 ft IS n 0 14 a — r*Jat>iona.t .». 0 18 3 0 16 9 0 16 7 9 16 10 a as a South British „ » Standard — -.- ■*• 3 8 9 8 0 0 3 9 3 7 3 9 3 3 3 3 8 0 "Cnitrvi .. — — — io is 0 — ~ Loan and Agancy— Daigety and Co. _ 14 9 0 14 18 0 ;* is 0 IS 0 0 :s 1 o iroldsbroutfh, Mort a s io 3 4 0 3 3 0 9 5 a 9 11 8 X.Z. Guarantee Corpn. (una div.) 0 9 8 0 9 10 0 9 9 0 9 10 0 8 10 Permanent Investment .. IX) 15 0 11 3 A 10 16 0 — io 3 a United Building Society (enna 4iv.) 0 IS 9 9 16 8 018 H a ia 4 9 1* 9 Shipping—• Cnioii (pref.? — — 1 1 0 t 1 3 i : a l i a 18 9 Tromn Meat— Canterbury (otA.) — - 3 0 0 3 18 0 a « a 9 a 0 9 0 0 Canterbury (pref.) — 4 18 0 5 0 6 — 3 1 0 £ 0 0 N.Z. Befrig. (sll p»id> .. 0 18 a 9 ia « — 0 14 s 0 IB 0 0 9 0 N.Z. Betas;. (10s psid) .- 0 « l 0 8 9 9 S a o a 9 Woollens— \ Kaiapoi (17a ?e.id) _ 0 19 9 9 13 6 — a 14 a a 13 s 0 4 0 0 15 0 j Kaiapoi its paid) — ».-. j Kaiapoi (pref.) -. — 0 3 0 14 6 0 a 4 0 16 0 - - Coal— . Wftatport -. ..-. — 1 i4 0 1 14 S 1 IS 9 1 u s i io a i Stockton (ord.) .. — «. 0 3 1 0 3 9 9 3 2 13 8 I Stockton (pr«f.> .- * j Grey Valley — _ l~1 4 0 4 1 3 a 0 i a 8 0 4 1 9 1 0 4 9 j Ckw— ! Auckland ,. — — X 4 « _- 1 4 7 1 4 9 110 14 9 9 13 9 i Cbrintchutx.il -■*. — ! Christchnrch (10« paid) — 1 9 o ia 7 4 1 « fl IS s s 1 « 0 13 a 3 i a 8 j Breweries— 1 Carlton (cum div.) „ — a s a 3 7 3 ■i 8 a -i a 9 9 f 9 | Foster's .. « — 1 Monteith's .. — — 4 0 0 4 1 0 1 4 0 •— 1 4 i) 118 a a o \ New Zealand _. —. 4 9 0 4 10 0 4 10 0 4 10 3 i Queensland — ». 1 10 0 i ia 0 1 18 3 1 14 0 —" ] Staples .. - - w I Tiniaru (earn dir.1 — a is a 0 It 1 0 314 9 3 IS 0 17 0 0 1 10 s 0 14 0 Tima.ru (Ss paid, oum div.) 0 s 4 o a 9 o a 4 0 9 8 ""a « Tooths -* — 3 14 0 2 13 a 2 14 a3 9 9 Ward - «. 1 13 0 i m 0 1 10 3 — 3 19 White Starr (I 6 0 0 9 » a a 0 a » 9 MiaceUaneou*--Australia]} Distilleries .. — 1 1 0 — — — Australian Iron and Steel (put.) 1 1 I* 1 3 1 i l 9 1 9 % 1 14 8 Beath and Co. (cum ditf.) 1 11 s 1 IS 0 1 is 0 1 14 a Beath and Co. (Is paid, cam div.) •— 0 9 9 0 9 7 0 9 in ! M i s a 9 « 8 1110 9 British Tobacco (own div.) 3 a 0 a a io 3 9 4 9 9 i Btoken Hill Ptopriatstfy .- Burn*, Pbilp Colonial Sugar .. ~ 36 S 0 18 7 lid 57 5 0 a 7 a 6 9 1 98 0 0 0 Duniop Rubber — 1 7 9 — 1 8 11 "— East African Coffee .— a l 0 -—■ -— ~*~ Klectro. Zinc (Wef.) » ~ IIS 0 1 16 a 1 10 10 1 IT 1 1 IS 3 SXayward's Picturss — 1 0 0 —*• —. 10 0 ■*■ Henry Jonas Co-op. — 1 14 0 1 14 10 1 14 % i 19 a Holdca's Motors 1 t a — 1 7 10 i a 3 1 10 0 Howard Smith 1 3 9 1 8 9 — 1 4 9 Hume Pips (Auet.) (earn div.) .. — I 0 ft — — 0 18 8 Mason, Strutbers (£1 paid) — 0 IS a — 0 IS a —" Mt. Ly*>ll 9 3 « 2 a a 9 4 U 2 3 0 1 14 9 S.Z. I>rua; C«. 3 13 0 — 3 IS 0 -~ * N.Z. Farmera' Co-op> (Is* or*f., oum div.) — 4 15 0 — a o 0 — y.Z. Farmers' Co-op. ("&■" put.. cum div.) 3 9 0 9 18 0 3 IS 0 — — "S.Z. Fanners' Co-op. ("B" prsf.) 3 S 0 3 11 0 3 9 0 5 12 a — XZ. Paper Mills —. 1 0 5 -— 1 0 8 0 18) 9 N'.Z. Sugar of Milk (pr*f.) .. OK « — 0 17 a 13 8 Quill, Moi-ris .. — 0 13 A 0 14 10 0 18 a —* t'nited Pictures <. 1 7 9 i ia 0 1 9 0 —■ — Victoria Nyania sugar ... *- — 2 5 3 2 S 9 9 a a Mining— Kildare -. -, - 0 1 0 « 3 3 — — — Ka-waraa * — — — 9 9 8 — — — itabakipawa .. .. «. 0 4H 0 0 3 O 0 2% 0 0 3 — Winding Creek (8d paid) 0 1 a 0 1 St 9 1 a 0 3 0 — Winding CtssIc (3a paid) 0 1 f 0 111 9 1 11 0 3 2

Laat week. Tbl« weak. Imperial Contois, 31 B, £ a. «. p.c. .. S3 10 ft 53 15 0 Brltiih funding Loan 84 15 0 83 0 0 War Loan. 5 p.c, 1999 47 101 7 0 101 0 0 Ooaverttion Loan. 81 p.c . . . 78 IB 0 79 10 0 VUtory Bond, 4 p.«. 91 10 0 91 a 6 Commonwealth, 5 p.o. ioai-41 100 10 0 100 11 8 Oo»moi< wealth, 0 p.«., 1948-75 N«w Seals nd, 6 p.«. 94 9 0 94 0 0 1938-51 104 s « 108 ' 8 0 New Zealand, 4 p.c., 1925) 101 2 6 101 a 6 New Zealand, 31 p.c. 1940 89 17. .* , 85 ia e New Zva and, 3 p.c, 1945 76 IS 0 75 15 0 New South Wales, 5) p.c, 192i!-23 r. 100 16 » 100 15 0 N*w South Wales, 4 ., p.e., 1988 . .. 100 0 0 t9 ia 6 N»w South Walel, 4 p.c, 1888 98 3 e 93 0 0 New South Wales. SI p.c, 1930 40 . . 78 17 e 73 7 « New South Wales, 3 P.O.. 19il5 85 0 0 85 a 6 Vletorla, Si p.c, 1930-40 93 a 6 93 5 0 Victoria. 31 p.e.. 1921 2B 90 0 0 90 0 0 Victoria, 3 p.c, 1920-40 70 a e 70 0 0 Victoria. 5 p.c. 19:13-42 97 10 0 97 7 fl Victoria. 3 p.c. iwao-40 7a 7 A 73 IS 6 Qua«h»lan<I. 0 p.c, 1880 -.40 100 S 0 100 0 0 Queensland, 31 p.c, 1980 98 0 a 98 0 0 QiM«n«iaud, 8 p.c. 1939-47 70 13 6 70 17 6 South Anitralia, t>l P.O., 1930-40 . . 100 17 6 100 17 6 South Australia, 31 p.t., 1935 n 13 6 58 0 0 South Au*tr«M«. 3 p c. 1910 or after 84 0 0 •4 a 6 Wast Australia, 6 p.c, 1030-40 . . 100 0 0 100 0 0 W«lt Australia, SI p.C. 1930 86 5 0 87 0 0 Wait Auatrnlia. IS p.C, 1915-25 . . 89 5 0 89 0 0 Taamsntii. OJ p.c TUB 0-40 100 18 9 100 15 0 Tatuiania, p.c, 1920-40 79 0 0 79 0 0 Teaman ia. - 3 p.c. 1930-40 83 13 s 83 10 0 •—Australian Preas Aiaociatioo