FARMING & COMMERCIAL

Dominion, Volume 10, Issue 2991, 31 January 1917, Page 8

FARMING & COMMERCIAL

%.'■;.."'.'■'.'.'. . .' NEWS AND NOTES.

v --WHOLESALE EGG MARKET

■'.;V The Np'rc : Zealand Poultry' Industries, "ii, Ltd.- (Brny Bros., distributing agents), : ;Tcporfc as-follows;— ''Supplies aro very ■'J'"short''and''the! demand'is keen. The - market, which advanced to Is. 7d. on Saturday, has again hardened, and we riuoto for Guaranteed new laid Is. Bd. per dozen- , •

■'. PAHIATUASHOW

Intending exhibitors at tlio Pahiatna show aro reminded that entries for the show and ram fair closo this evening iit v 8 o'clock. Entries aro said to be ■ coming to hand very freely, and tliero is overy indication, that the gathering to lie held on Friday mid Saturday, February 9 and 10, will be well up to previous years.

• DANNEVIRKE ENTRIES

Intending exhibitors at. .Dannevirkp, A. and P. Show, aro reminded that those who fail'to send in tltefr entries by 9 ,'p.m'. to-day still liayo until 0 ii.niV on; Friday next to do so—provided they pay , an additional'2s. 6d. for each entry."; .There'sliould; however, be little . reason why the majority of the entries should not Be in the hands of , the secretary (Mr. F. C.Stubus) by this evening. So far,' entries received indicate- a record catalogue—in sheep, cattle, .dogs, and' home industries— practically in all departments of tlm show, which is only to be expected when the liberal prizes of/ the society ■ and the handsome trophies of supporters of the ■ association are bomo in mind.

FEILDING SHOW

Excellent entries have been received for that popular fixture, the. Feildinp; A. and P. Show, and judging from tlio ring records of the horses engaged in . the jumping comnet.iWnnc, those evpnts alone should attract a Pood attendance ■ of spectators. Everything points to a most successful function—fine weather, 'keen competition, nrd plenty of skk , - sliows for ronng and old should make Tuesday and Wednesday nr.xr, week enjoyable to those who attend the show. News lias reached, this office that the* demand is greater than ever for Pnrton's famous Victor Cheese Vats. Orders are ■being executed in rotation, and by placing your order to-darr, you can be sure nf comparatively early delivery. Middle , drainage and sloping bottom nre outstanding features. Get details. A. 3. PARTON, Sheet Metal and Plumbing / Works, Pembroke ' Street, Carterton.— Advt. > - To gain a goal one's: every effort • should aim directly at it. Haring , this in view, we have concentrated all our efforts in but one direction, to manufacture prime first-grade butter from home-separated cream. Th \vital thing in any business to-day is to keep in one direction, and make a success of it. We claim to look after. our suppliers' interests in all details, and our returns for this season have proved our success. We want still more cream, as the de- ■ mand for our butter is .increasinpf every day. For further particulars write us. Jlaoriland Dairy Co., Ltd., P.O. Box 185, Wanganui.—Advt.

LIVE, STOCK SALES ' I ! I

-The Wairarapa Farmers' Co-operative Association, Ltd., Stock Department, report haying held their Martinborough sale on January 25, when they offered" a full yarding of sheep and cattle. F.M. owes, ot which there was a good yarding, made 21s. Id. to 28s.'lid.; cull owes, 13s. 6d.; fat wethers, 355. Id.; fat cows, £12 to £14 6d.; forward cows, £10, £10 Bs., to £11; heavy bulls, £12 lls. to £13. Messrs. Levin and Co., Ltd., report as follows on tho Okirao sale:—Last Thursday, in conjunction with Messrs. Abraham and Williams, wo held a clearing snle of breeding owes, on account of My. James Campion, of Okirae, who disposed of his breeding flook owing to his sons having tnhsted. The ewes were a splendid lot of large-framed, heavy-woolled sheep, in first-class condition, and general regret was expressed that it was found necessary to dispose of so fine a Bomney flock, which had taken years to build up. There was a very large, attendance of buyere from all parts of the North IslwuL and extreme values were realised. Quotations:—Stud ewes: 30 four-year ewes, 3igns.; 12 four-year ewes. 4gns.; 9 fouryear ewes, 3Jgns.; 8 four-year ewes, 3Jgns.; 10 five-year ewes, 23gns.; 19 five-year ewes, 3gns.; 12 five-year ewes, 2Jgns.; 10 six-tootli ewes, 4gns.; 10 six-year ewes, 41gns.; 10 six-tooth ewes, s(rns.; 22 two-year pwce, 6gns.; 15 two-tooth owes, sJgns.; 10.fouryear ewes, B}gns.; 20 four-tooth v ewes, 6gns.; 11 four-year ewes, 7Jgns. Flock ewes: 745 four-tooth ewes, £3 45.; 154 fourtooth ewes, £2 14s. (&.; 302 four-tooth ewes, £Z; 201 four-tooth ewes, £3; 104 four-tooth ewe 3, £2 195.; 243 two-tooth ewes, £2 95.; 454 two-tooth ewee, £2 55.; 750 ewes, £2 45.; 158 two-tooth owes, £2 35.; 147 6ix-tooth ewes, £2 75.; 334 eix-tooth ewes, £2 45.; 323 six-tooth ewes, £2; 485 four-year ewes, £2 55.; 530 four-year ewes, £1 175.; 136 five-year ewes, £1 175.; 334 fiveyear ewes, £1 155.; two-year Romney rams, 9gns. to 14gns.; mixed-age Romney rams, 33gns. up to lOjgna.; stud Romneys, lOens. up to 35gns. Stud ewes averaged £4 165.: flock ewes, £2 7a. 6d.; and rams, £9. New Zealand Loan- and Mercantile Agency Company, Ltd., report:—At Himitangi, 011 Monday, wo had «, good entry of stock, the bulk of which sold at laft rates. We quote:—Four-year eweH, account Mr. J. H. Robinson, '355. 6d.; medium mixed lambs, 16s. 2d.; 18-month steers, £9; aged store cows. £2 10s., £3 10s.: etore cows. £5 10s., £7 2r>., £7 63.. £7 10s.; fat heifers, £9 65.; fat oows, £11, £11 10s.; springing beifeis. good. £7 155.. £9; good springing cows, £11; bulls, £7 10s. to £11 2s. 6d. Messrs. Dalgety and Company, Limited. Palmerston Nortji report having had a. small yarding oi stock at their Martoii sale on Monday. Owinsr to the dry weftthe bidding was not keen, but most lines changed hands. Quotations: Shorn lambs. 15s. 4d. to 17s. 3d.; woolly lambs, to 18s. mixed ago clo6e-woolled ewes, £1 Gs. 64.; forward ewes, to 255.. Messrs. Dalgety and Company, Limited, reporS=<t our weekly stock sale, held atDannevirke on Friday, we offered a fair yarding of cattle and a small entry 01 sheep to a good attendance of buyers. Our sKeep entry comprised a few pens of 2-tooth wethers, and these failed to reach vendors' reserves at auction, .but we made a tota" clearance of all cattle with the exception of a fow store oows. We quote as fSSows:—Store cows, £6 }3s. 6d. to £8; weanera from £2 13s. to £4 13s. 6d.; forward cowsi to £10; fat cows, £11 17s. 6d. to £12 10s.; and a pen of 45 3 and 4-year Hereford cross bullocks mado £18; porkers made 175., 186., to 21s. Tlio Wairarapa. Farmers' Co-operative Association,, Ltd., report on their Hinakura eale, held on Monday, ae under:— We offered fl. good, all-round selection of breeding ewes, wethers, and lambs. thi> bulk of which was of good quality and well drafted. The entry- was slightly in excess of advertised numbers, the total quantity' being 4268 sheep, which. a r.nirited market. There was a good attendance of buyers. The bulk of the entry was disposed of under the -hammer,_ and the sheen passed were sow by private treaty, the whole yarding being cleared with the exception of a small lot of wethers and a pen of 6-ycar-old ewefi. Prices realised were:—4-year ewes (Bush Gully), s.; 305 4 and 6-year-old ewes (Sutherland Bros.), 355. 4d.; 112 fat ewes (1). M'Laren), 35e. 3d.; 282 4 and 6-y«ar-old owes. 28s. 7d.; 900 6-year ewes, in somewhat low condition, 235.; cull ewes. 175.; and very low-condition ewes, 12s; 300 cull fhorn lambs (Bush Gully), 145.; a line of «3 blackface rape lambs made 205.; small blackface lamb?, 13s. Bd.; oged Romney rams, 21s. We also offered a line ol 40 3-year bullocks in a fair condition, but smalt in frame, but were unsuccessful in disposing of tnem at the Drice asked^ The Waii'arapa Farmers' Co-operative Association, Ltd., Stock Department, Teport having offered a heavy yarding of sheep, cattle, and pigs at Carterton on January 26, to a large attendance of buy--6TB. Bidding at anctioa was animated right throughout, and everything was sold under the hammer, with the exception of one pen of calves. Prices, which were very satisfactory were as follows:—Fat «wes and wothers, 335.: forward, ewes, 27e.; f.m ewe», 225. Id.; cull ewes, 155.; woolly lambs, 225.; fat cows made, £12. £13. £13 17s. 6d., to £16 53.; store cows, £6, £7. £7 35., to £8; cows and calves, £11 to £12; two-year empty leifers. £7 10s. to £9; calves, £2, £2 10b.. to £3 65.; bulls, £7 35., £8 75., £12 65., £13 17b. 6d., to £1* 2s. 6d. Pigs: Sows, close to farrow, £3 10s.; sow, •with litter. 605.; porkers, 275. 3d. to-305.: weaners, 155., 16s. 3d., to 18s. In future sales will be on a Monday instead of a- Friday. Mr. Newton King reports:—At Ohuira on January 10, for my monthly sale, fully 1300' head of cattle and over 10CO sheep wore penned. Prices generally were easier, yet only a few of tho lots were passed. Prices were:—Fat ewes, 345. Sd.; forward wethers, 345. Id.; two-tooth wethers, 335. 4d. to 345.; twd-tooth ewes (small), 245. 6d.; four and six-year ewes, 275. 10d.; forward bullocks, £4 10s., £15 Is., £15 Us.. £15 12s. 6d., to £16 10s.; forward cows. £11 7s. A nice lino of fat bullocks, sold on account of Messrs. Williams and Bruce, and purchased by the Taranaki Meat Company, made £18 55.; two-year steers, £11 7b. to £11 145.; thrcft-year steers, £12 10s. to £13 lls.; store cows, £8 2s. 6d.; cows and calves, £10; odd lots, at full market rates. At Kahotu, on January 19, there

was- a good) entry which sold under good competition as follows:—Weaner steers, £A 10s. 6d. and £4 lls. 6d.; smaller £3 12s. 6d. to £3 18s.; weaner heifers, £2 55.; bulls, £8 to £13 10s.; fat cows, £10 18s. to £14 "Is.; storo owes, 395.; cull lambs, 15s. l<l. At Urcnui, on January 22, fat bullocks sold up to £18 10s.: fat heifers, £11 ISs.; fat cows, up to £14 6a.; forward cows, £10 15s. to £11 135.; etoro cows, £8 2s. 6d. to £9 7s. 6d.; two and a half-year steers, £12 75.; empty two and a half-year heifers, £9 18s.; rough two and' a half-year steers, £9 175.; cows and calves, £7 15s. to £11 65.; bulls, £9 ss. to £14 155.; weaner heifers, £2 103. to £2 15s. At Stony Ttivcr yards- on January 23, competition for cattle was good. Fully 250 mixed wcanera were yarded, and met a. ready sale. Best mixed weanors made £4 75.; others, £3 2s. 6d. to £4 25.: weaner heifers, £2 Bs. to £3; fifteen-month 'Steers, £7 15s. to £9; and a choice pen of Shorthorn eighteenmonth, steers made £10 135.; good two and a half-year steers, £11 12s. to £13 10s.; fat cows, £12 17s. to £14 12s. 6(1.; forward cows and heifers. £9 123. 6d. to £11 18s.; storo cows, £8 6s. to £9 18s.; hulls, £11 15s. to £12; springing heifers, £8 55.; mixed two-tooths, 335. 3d.

COMMERCIAL ITEMS

INVESTMENT SHAKES. Yesterday's quotations for investment shares were rb follow :— Buyers. • Sellers. £ s. d. £ e. d. Bank N.Z. (£3 6s. Bd.) ... 11 0 0 •- Bank N.Z. (£6 13s. 4d.) ... 17 2 0 — • Well. Invest., T. and A. 0 10 6 - Well. Gas (£10) — 15 0 0 Standard Insuranc'o 118 6 — tN.Z. Refrigerating Co. (£10) 21 0 0 - "Union Steam (ord.) 2 0 6 2 13 Union Steam (pref.) 10 3 ■ — Huddart-Parker (0rd.)... 1 4. 0 - Wai-pa Coal 0 18 0 - WeetpoTt Coal - 18 9 Leyland-o'Brien l .3 0 — Auck. Trams (ord.) 10 6 — Golden Bay Cement 0 19 0 — t.Cum div. HIGH COMMISSIONER'S MABKET KEPORT. The following are corrections in the cablegram dated London January 27. received by the Department of Agriculture, Industries, and Commerce, from the High Commissioner for New , Zealand:— Certain words in the above cablegram have been repeated, with, the resslt that the translation of the meat section, as issued yesterday, requires amending. The correct translation reads as follows:— Meat: The market continues firm for all descriptions of frozen meat. The. supplies are Email. Prices are highor for Argentine mutton and lamb. In order to diminish tho consumption, by order ot the Government, prices ahe now higher for Hew Zealand and Australian mutton and lamb. New Zealand and Australian mutton, per lb., BJd.; ewe mutton, BJd.; Argentine mutton, heavy-weight, 93d.; lightweight, 10d.; New Zealand and Australian lamb, 10d.; Argentine lamb, heavy-weight, [103 d.; light-weight, lid.; New Zealand beef, I no supplies available; New Zealand boneless beef, 9Jd-; Argentine chilled beef, hinds, ll&d.; fores, 9|d. FROZEN MEAT MARKET. Messrs. Gilbert Anderson and Co. (Messrs. stcll6op, Eliott and Co., Palmerston North, local agents) report on the frozen meat market, under date London, December 1, 1916, as follows :- Homo-growni—A small consignment of about 1200 sheep (Dutch)' mostly heavyweights, realised BJd.-10d. Home supplies Ihave been lighter than recently, and a. tendency to higher values is noticeable. Best quality Scotch sheep Ecarce. Frozen.—Government wether mutton has been released in smaller proportions again, and the demand is very keen biyt prices are not altered. Lamb is improving, and tho weekly releases of about 70,000 of the New Zealand aro readily cleared. Australians are not yet on the market. Supplies will be urgently required for the first s ixmonths of the New Year. Advice of Shipments to TJ.K. Only. Frozen Frozen Frozen Chilled mutton, lamb. beef. beef. Oct., 1916 ... 353,644 273,466 646,296 94,000 Oct.. 1915 ... 441,300 451,600 401,800 87,000 Market Prices for Weeks Ending: Decl, Dec. 3, Nov. 24, Home-grown— 1916. 1915. 1916. Beef, sides 83-11 63- 8J 81-103 Mutton, wether 10 -12J 7i- 9 104-12* Mutton, ewes ... 8J- 9i ~sj- 64 8i- 9i Tegs U-13 81- 91 lf-12S Lambs 101-12 Bi-10 10 -11J Ycal .'..... 11 -12 91-11 12 -ft Pork 12 -12j 101-11 121-13 Frozen— Mutton: N.Z. wethers 83 7 -68 81 N.Z. ewes 8 53 8 S. Amer. wethers... 88- 88 6J-6J BS-8J Now Zealand 91 71-65 91 S. American 9 -B3 — 9 -83 Pork 83-10 7-85 9-101 Chilled: Argentine, ■ox fores and hinds 8-9 si-7& 9 71-81 AUCKLAND GAS COMPANY. The fifty-fifth annual report of tlio Auckland Gas Company showe that the net profits amounted to £66,689 18s. lOd. To tliis is added £64,935 15s. 4d. carried forward from 1915, from which was paid the February, 1916, dividend (£25,735 4s. 7d.), leaving £39,200 10s. 9d., making a total of £90,890 9s. 7d. From this sum the July 1916, interim dividend, amounting to £25,771 18s. 64., was paid, leaving £70,118 11s. Id. to be disposed of. From this sum the directors propose to pay dividends on both ordinary and contributing shares, absorbing, £27,274 16s. Bd., leaving £42 643 14s. sd. to be carried forward. Sates of' gas amounted to £184,048 16s. 3d., residual products £36,231 2s. Hd., and gas flttiDge, etc., £1000, in all £221,279 19s. 2d. Against thie, manufacture of gas cust £101,825 6s. 7d., distribution £32,20b 23. 2d.. and management £10,233 lls. Vd.; rates and taxes £12,355 Bs. Bd.; interest and bad debts bring the total expenditure under the working account up to £164,590 os. 4d., leaving a balance to be earned forward of £56,689 18s. 10d. The reserve fund stands at £100,000, whioh includes £5000 in New Zealand Government war bonds, also £7500 invested in Auckland Harbour and Auckland City Council debentures. Messrs. Robert Burns and Thomas Peacock, retiring directors, ojfer themsfjvee for re-election. N.Z. INSURANCE CO. The New Zealand Insurance Company proposes to make a call of £1 per share, payable on March 21 next, and to distribute £150,000 from the reserve fund to members by way. of'bonus to he anplied in payment of the call of £1 per share above referred to. The company s shares number 150,000 at £10 each, upon jyh.ch £3 has been paid up. The.eilect fi the distribution will be to make the shares paid up to £4". Tho reserve fund amounts to £635,168. Oustcms duties-collected- at the port of Wellington yesterday α-mouuted to £7i>ia 15s. 4d. SOUTHERN MARKETS. ' By Telegraph—Press Association. Christchurch, January 30. Although there is not a. largo quantity of wheat offering millers are buying odd lines of Tuscan, either straight out at ss. 6d. at country stations, or subject to the Government price if fixed. It is expected that at the conference with, the Canterbury wheat growers-on Thursday the Minister of Agriculture will state hie Intentions with regard to the price of wheat and flour. Farmers who havo beea offering their wheat say tho yields have been very disappointing. Thero aro no oats' offering, and little frraes seed, lor feed oats about 2s. od. at country stations is ollcred, but more would be paiu for heavy seed lines of either Algerians, Garlons, or Duns. THE METAL MARKETS. By Teleeraph-l'/ese Association-Coipyrielit (Rec. January 30, 6.5 p.m.) London, January 30. Copper.—Spot, £132 55.; three months, £128 ss. , .. Tin-Spot, £191 12s. 6d.; three months, £190 12b. 6d. Lead.-£3O. Bpelter.-Spot, £53 10s,; three months, £51. Bar Silver.—37}d. per oz. standard.

MINING NEWS

. STOCK EXCHANGE.

By Telegraph—Press Association. Dunedin, January 30. Exchange sales :-D.1.0. (10s. paid), 103. (two parcels); Union Steam, 40s. 6d. (two parcels). .