FARMING & COMMERCIAL

Dominion, Volume 10, Issue 3182, 5 September 1917, Page 8

FARMING & COMMERCIAL

: SOUTH CANTERBURY FARMERS' CO-OP. ASSOCIATION By Telegraph—Press Association. Timaru, September 4. ■ Tho South' Canterbury Farmers' Cooperative ' Association ■ had - a success?ul year, and under ordinary conditions ■would havo been able to make a full distribution-of profits. -Tho new taxation prevents this. V. Provision is niado for part of tho usual discounts and commission rebates, a < dividend of 6 per cent, on preferential and 1\ per cent, on ordinary snares, a bonus of 4 per cent, to '.the staff. Tho directors decided to invest .£IO,OOO in the "War-Loan.

SOUTHERN PRODUCE MARKET By Telegraph.—Press Association. Christchurch, Soptembor 4. The interruption in shipping communication between the Dominion and A ustralia through tho Australian, striko has put a number of millers in the awkward ■position of having to close down or run on 6ingle shifts, owing to the scarcity of wheat. One of tho InTge mills in Christchurch-has closed down, and another is curtailing 'its 'output of flour, prdy email odd lots of wheat aro to bo obtained, but it is jknown that a line, including twof seasons' wheat, is still held, by one grower. Bran and pollard are very 6carce, and oats are scarce and veiy firm. There is no ehnngo _in oatsheaf chaff. For potatoes prices have improved, and tho ruling figure is now ,£3 to £3 ss. at country stations. THE EGG MARKET Messrs. Bray Bros., distributing agents for the New Zeala'nd Poultry Industries, Ltd.,- advise that the wholesale price for . ,*ggs has been Is. 3d. and Is. 4d. in Wellington for the past ireet. . CALVES EELISH "CEEEMILK." As one farmer'of large experience puts ,it: ."The way tho calves clean uro their tins is the beet recommendation tho food could have.", "CEEEMILK" is just pure concentrated food' made'from the finest • cereals grown in. New Zealand and speci-' .ally prepared for young stock., It is easily digested, highly nutritious,' and has the -important quality of paktability.: There; are no chemical colourings in - "CERE-; MlLK"—absolute purity- .is guaranteed. Jt is so well balanced;- too, that the ani-' raals develop splen'didly'without ■ being troubled with scours.' At all'stores and factories; Fleming-and Co.. Ltd., Jervois Quay, Wellington—Advt.For Children's Hacking Congli, Wood's Great Peppermint Cure.*

NEWS AND NOTES.

LIVE STOCK SALES The, New Zealand Loan and Mercantile Agency 00., Ltd., report having held a very successful salo of dairy cows, etc.. - on account of Mr. 11. Cavanagh, Mangatainoka, on Friday last. A good attendance of buyers was present, and though the cows were in low condition bidding wns particularly animated throughout the salo. Cows with calvos and cows on tho drop made £18. £17 155., £17 55., £15, £14 155., £14 10s„ £14 ss„ to £10 10s.; late oalvers, £5 15s. to £10; springing heifers, £7 to £7 155.: hull, £6 155.; wcaner heifers, £4 7s. 6d.; m.s. weaners, £4; 6mall hoggets, 20s. Pigs,' sundries, etc., sold at full clearing . sale rates. The K.Z. Loan and Mercantile Agency Co. report :— On Monday we held a salo of dairy stock on account of Mr. W. B. V. Pearco, Kaiigiotu. Notwithstanding the ini clement weather there was a' very large attendance, buyers being nresent from Waikato, Taranaki. Jlasterton. and local districts. Competition was brisk throughout, and tho whole herd of 205 head told at satisfactory prices; 81 cows in milk averaged £8 18s. Bd., seling from £7 to £16; 71 springing cows' averaged £10 165., beat prices being £14 10s.. £15 10s., £15 155., £16 55., £18 10s.; 42 heifers in calf (some Email and backward), averaged £7 2s. 9d.. makisg from £5 to £11 10s.; 2 and 3-yoar Holstcin bulls, £10, £10 15s„ £11 55.; 2-year S.H. bulls, £14 10s., £16, £16 55.; 4-year S.H. bull, £13 10s. The Wairarapa Farmers' Co-operative Association, Ltd., report having held a very successful clearing salo on account of Mr. \V. J. CBsely, at Rongokokako. The stock came forward in fair condition, and met with keen competition from & large attendance. The herd averaged £11 55., which must bo considered very satisfactory. Quotations: Cows in milk. £9. £9 10s., £10, £11, £12 10s. t0.£15; cows on drop, £9 ss. up to £18 17s. 6d.; late calvers, £9 to £11 10s.; storo cows, £6 2s. 6d. to £8 55.; small two-year empty heifers, £6 Bs.; yearling steers, £6 2s. 6d.; yearling heifers. £4 17s. 6d.; eighteen-month bull, £6 155.; dogcart, £16,105.; cow covers, 12s. 6d. to 13s. sd. each. Pigs: Storo pigs, £2 17s. to £3 175.; slips, 235. COMMERCIAL ITEMS INVESTMENT SHARES. Yesterday's quotations for investment shares were as follow:— Buyers. Sellers.. £ s. d. £ s. d. National Bank — 5 6 0 Bank N.Z. (oldV - 12 8 0 Bank N.Z. (new) 17 10 0 — Metropolitan Building ... — 1110 0 ■ Well...lnvestment — 0 12 3 Ohch Gas (£5) 6 0 0" - National Insurance — 217 0 - N.Z. Insurance 7 10 0 — Huddart-Parkor-(ord.) ... — 114 0 ■ Westport Coal ;...........„.. - --' 19 6 . Leyland-O'Brlen 16 6 — Golden Bay Cement ;..... —' 110 Custom duties collected at . the Port of Tvellineton , yesterday amounted to .£2476 14s. Id.

FEOZEN MEAT HAEKET. Messrs. Gilbert Anderson and 00. (Messrs. Mellsop, Eliott and Co.. Palmerston Nortli. local agentn). report on the frozen meat market, under 'date London, June 8, as follows:— Daring the week meat was very dear and supplies scarce, but at the end a bigger arrival of Home-grown lambs relieved the situation. Frozen lamb supplies are still inadequate for the demand, which at this period ia always at its greatest. Market Prices for Weeks Ending: June 8. June 9. June 1, 1917. 1916. 191 V. Home-grown— Beef, sides 131-16 11J-121 121-14 Mutton, wethers 161-19 11 -14 16J-19 Mutton, ewes :: 145-16 93-105 141-165 y-tton, Dutch — - — Tegs 18 -205 13 -145 17 -20 Damns 181-20 135-15 17 -20 Pork 13-14 81-111 13-14* Yeal 15 -165 13 -165 135-15 FrozenMutton, N.Z. and Aus. wethers 85 81-81 ' 83 Ewes 85 8J 85. 6. Amer. -wethers... 10 10 -9J 10 Lamb. N.Z. and Aus. 10 91 10 S. American \ 11 12 11 , Pork. TJ.S.A 11 81 lli OhilledATeeitipe ox fores and hinds 105-13 BJ-10J 95-ltt THE METaTmAKKETS. Auitraliw-New. 7,pnl!uid Cn'i''» Association. (Eec. September 4, 11.30 p.m.) London, September i. Copper.—Spot, £120 ss. per ton; three months, £119 155.; electrolytic, £135. Dead—Spot, £30 10s,; three months, £29 10s. Spcltev.—Spot, £54; threo months, £50. Tin.—Spot, £243 7s. 6d.; three months, £242 7s. 6d. .Bar Silver.—47d. per ounce standard. ..., , , — ' . For Chronic Cheat Complaints, Wood's Great Peppermint Cure.*