FARMING & COMMERCIAL

Dominion, Volume 14, Issue 93, 13 January 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALES FORTHCOMING FIXTURES. . TO-DAY. 16 Glasgow Street, Kelburn, 1.30 p.m.— Furniture sale (E. Johnston and Co.). ‘ TO-MORROW. 157 Lambton Quay, Wellington, 10.30 a.m.— Hale of horse, harness and express (E. Johnston and Co.). Hastings.—Sale of stud cattle and pigs (Hoadley. Son and Stewart). Town Hall, Putaruru, 1 p.m.—Land sale CN.Z. Farmers). * SATURDAY. Masterton, 2 p.m.—Land sjile (Dalgety and Co.). HOROWHENUA SHOW FALLING OFF IN ENTRIES DAIRY CATTLE OF GOOD , QUALITY I From Our Own Correspondent Levin, January 12. The fifteenth annual show of the Horowhenna A. and P. Association was opened at Levin to-day in perfect weather. Entries in all classics but cattle showed a decided falling off, several of the most ■ prominent sheep-breeders in the district not being represented.' 1 This is to be regretted in a district in which sheepbreeding forms a fair proportion of the ! .... farming. Light hoi Vs were but little behind last year, and the quality was well up to the average, but draughts were almost conspicuous by their absence. Since last show, considerable improvements have been made in the grounds, including the erection of a cattle pavilion, which proved a considerable acquisition, more especially with the sultry weather experienced Way. The arrangements on the whole were good, and everything worked smoothly. The butter-fat competition was won for the second- time in succession by Mr. G. Siever’s Jersey Lady, and the cup now becomes his property. This fine cow produced 1011 b. of milk for the two days with a 4.3 test, total butter 4.47, after being in milk for 154 days, his total points being 64.48. Mr. R. L. Horn was second with Elephant, another Jersey, with 55.75'points. Other entrants ranged from 32.70 to 50.52 points. There was practically no competition in purebred' sheep. In "Romney Marsh, Messrs. N. H. and V. Weggery had no opposition, but. these sheep were well grown, true to type, and came forward in excellent condition. Mr. H. D- Buchanan, of Waikanae, had no opposition in Lincolns, and his sheep were of fair quality. The Downs were a very small hut select claffl, Mr. Walter Hyder and Mr. Robert Beavin dividing the prizes. Mr. Walter Ryder was responsible for the bulk of the entries in fat sheep, and ho secured-eleven_ first prizes with wethers and ewes, which were suitable for export, although with the trend of the Home markets at present some of the sheen, especially the wethers, are rather on the heavy side. Dairy Cattle. The dairy cattle were an extremely good entry, both as to quantity and quality, and the judge had considerable difficulty in making his awards, and the younger, classes all give good promise. The show of Friesians was well up to the standard, including several prizetakers at other shows in the /mature classes, while the young stock showed all the best points of the breed. The bulk of the prizes fell to the Porirua Mental Hospital, Mr. W. Bevan, and the Central "Development Farm. Ayrshires were a small but fairly select class, and competition was keen in the adult classes; the young stock were on the weak side. The Jerseys were one of the features of the show, and the quality all round was excellent, both t'hn full-grown and the juvenile classes being much above the average. The registered milking Shorthorns were a very fair clciss as far as quality was concerned, but there was not much competition. ■ Shorthorns and Aberdeen Angus were nnt represented. The sheep dog trials, which were initi ated , last year, are evidently becomingpopular, as the entries -were more than double on the present occasion. In spite of the heat and the long grass with which the dogs had to contend, some excellent work wps shown, the winner turning up in H. Goldfinch s Lovat 11. with F. King’s Ladv second, and F. King’s Hemp thlra. The only horse classes judged to-oay were the ponies, and they were, us usual, n very mixed lot, some of them showing n considerable amount of breeding, while others were of a decided!} "casty” character. The pony jumping brought out large entries, but on the whole the jumping was poor, and in many instances.this was the fault of the ‘juvenile riders, who did not display much judgment and were lacking in seat and hands. The Maiden Trotting Race brought out. a big field, but B. H. Slack’s Rosemary, who trotted well throughout, won easily from P. Houlihan’s Bonnie Titrce, most of tho others breaking badly. The competition for the best 'boy rider was won bv Roy Scott, with Douglas Vickers second, and Jack Proctor third. Roderick Sexton was the only entry in best rider under ten years, and was awarded a first prize, and Grace Vickers was awarded the prize for the best girl rider under ten rears. The gentlemen’s driving competition by W. Bevan,j,’ Jenkins second, and L. A. M Donald third. Tho pony jumping was won by A. Osborne’s Robin, with M. Robinson s Silver King second, and C. Simm s Tommy third. The prize for the best walking horse was won by S. A. Broadbelt’s Carby, with A. V. W inges Madam Marion second, and H. Campbell s Brino third. _ PRIZEJLIST Dairy Cattle-Cow in milk, calved since 1917: R. D. Horn, 1 and 2. Twoyear heifer, in milk: J. IV. Boulton, 1; B L. Horn, 2 and 3. Two crossbred heifers, between 12 and 20 months: R. LHorn, 1; J. R.’M’Donald, 2. Crossbr d heifer between 12 and 20 monttre: K. L. fed) • H. J. Lancaster, 1 and 2; R. M Donald, 3. Single heifer, under 18 months (hand fed): H. J. Lancaster, 1 and 2, J. L p l uro°br e d'Cattle, Championship Ribbon and Silver Cup: R. L ’, H T T r “Flora Kelly, with J. G. Harkness s Una s I lora aS Anshires-Bull: Porirua Mental Hobpitab 1. Bull, 2 years: Porirua Men tai Hospital, 1. Bull calf: Porirua Mental Hospital, 1 and 2. Cow: Porirua Mental Hospital, 1; T. and G. Colpman, 2. Thrceyear heifer: T. and G. Colpmanl,l and 2 Two-year heifer: Porirua Mental Hospital, 1; T. and G. Colpman, 2. k earling heifer: Porirua Mental Hospital, 1 and 2. Pair heifer calves: Porirua Mental Hospital, 1; T. and G. Colpman 2. Yearling heifers: Porirua Mental Hospital, 1 and 2. Friesians—Bull: Central Development Farm, 1. Two-year bull: W. Bevan, 1; Central Development Farm, 2. Yearling bull: Central Development Farm, 1; W. Bevan, 2. Cow: W. Bevan, 1; Central Development Farm, 2. Three-year heifer: W. Bevan, 1 and 2; Central Development Farm, 3. Two-year heifer: W. Bevan, 1; Central Development Farm, 2 and J. Yearling heifer: W. Bevan, 1 and 2. Registered Milking Shorthorns-Bull: D V. Buchanan, 1. Two-year bull: L. V. Brown, 1. Cow: R. V. Brown, 1; A.

J. Barnes, 2. Two-year heifer: R. ABrown, 1; D. V. Buchanan, 1. Pair yearling heifers: R. V. Brown, 1 and D. V. Buchanan, 3. Pair heifer calves: R. V. Brown, 1. Heifer calf: 11. V. Brown, 1 nnd 2. — , , t Jerseys—Bull: J. G. Harkness, 1; J. Davies, 2; W- G. Anderson, 3. Iwo-yeai bull: H. Hausman, 1; IL Bevan, 2; 11. J. Lancaster, 3. Yearling bull: J. Horn, 1; C. Rickard, 2; G. Hughes. „. Bull calf: IL Robinson, 1; J. H. Taylor, 2; R L Horn, 3. Cow: J. G. Harkness, 1 and 2; R. L. Horn, 3. Three-year neifer: S. Bowlsia, 1; J. G. Harkness, 2; IL L. Horn, 3. Two-year heifer: S. Bowker, 1; J. G. Harkness, 2; J. Nicholson, 3. Pair vearling heifers: R- L. Horn, 1; J. Nicholson, 2; J. G. Harkness, 3. Yearling heifer: IL L. Horn, 1; J. Nicholson, 2; V. G. Hunter, 3. Heifer calf: C. Rickard, 1; IL L. Horn, 2 and 3. Messrs. Weggery Brcs. won the Stratton Perpetual Challenge Cup for most, points in Romneys and the silver medal for championship Roinney ram. The Davis Memorial Cup for most points in fat sheep was secured by -Mr. IV. Ryder. R. L. Horn won the silver cup tor best cow in milk, also special points prize presented by Messrs. Styles and Matthews, and the Wellington District Farmers’ Association. The following championships were awarded: — . Ayrshire bull and cow—Porirua Mental Hospital. . Purebred cow in milk —lu. D. Horn. Friesian bull and reserve champion—. Central Development Farm. Cow and reserve champion —W. Bevan. Milking Shorthorn bull—S. V. Buchanan. . Jersey bull and cow: J. G. Harkness. Roinney ram —W. 11. and V. Weggery. Berkshire "boar and sow —Porirua Mental Hospital. , , rr Yorkshire boar—Porirua Mental Hospital. Tamworth boar: Central Development Farm. LONDON WOOL SALES RESERVES ABOVE BUYERS’ IDEAS. London January 11. The January wool sales have opened, but only one-fifth of the offering was sold owing to the maintenance of the Government’s" reserves. —Aus.-N.Z. Cable Assn. (Rec. January 12, 5.5 p.m.) London, January 11. At the wool sales 10,131 bales were offered, including 1356 from New Zealand. There was a large attendance of Home, Continental, and United States buyers. The sale was a failure owing to the Government reserves being above buyers’ ideas and world values. Under 20 per cent, was sold, generally at prices on a par with December closing rates. Sir William Raynor, president of the Buyers’"' Association, publicly protested against the offering of wools without <ny attempt to meet the market, and demanded either that the sales be stopped or the sellers meet the market. About three thousand bales of “free Punta Arenas wool from the Falkland Islands were offered, and met good competition, 75 per cent, being sold at about December rates, sellers meeting tho market when necessary. —Aus.-N.Z. Cable Assn. Messrs. Murray, Roberts and Co., Ltd., yesterday received the following cablegram from their London agents, Messrs. Sanderson, Murray and Cc„ under date January 11:—“Sales opened, poor competition owing to too high limits, practically nothirffe Bold, market declined 10 per cent, all round, anticipate better competition free wool January 13.’’ Messrs. LeAn and Co., Ltd., have received the following cablegram from London, dated January 11: “Large attendance of buyers at the opening sales. Market is irregular and" prices auout 10 per cent, lower than at the December sales. Only 25 per cent, sold out of 10,000 bales offered." Under date January 11, the Bank of New Zealand has been advised by Its London office that at the opening of the first series of sales on that' date, the Government limits were above market price and very little wool was being sold. Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house under date of January 11:—"Wool sales opened, attendance of buyers is large, selection good. Owing to Government limits being above market there is scarcely any competition: 10,000 bales offered, less than 20 per cent, sold, prices nomint'ly 10 per cent, lower as compared with last sales’ closing rates. There are orders in tho market for America. Expect free wool will meet with better competition.” WOOL REALISATION SCHEME ACCEPTANCE BY BRITISH GOVERNMENT EXPECTED. (Rec. January 12, 7.30 p.m.) London, January 12. The Australian Press Association learns that though there has been, unexpected delay in ratifying tho wool realisaion scheme, there is little doubt that the Imperial. Government will accept it, but certain British interests are asking for a fuller explanation regarding the scheme —Aus.-N.Z. Cable Assn. ADDINGTON MARKET SPIRITED LAMB SALE. By Telegraph— Press Association. Christchurch, January 12. There was a big yarding of beef and lambs to-day, and an average one of mutton. On account of freezers' competition there was a spirited lamb sale, but mutton, particularly ewe, and secondary beef were in poor request, and sold at decreased values. The lengthy spell of _ dry weather is making the feed position acute, and stock is coming forward with more than usual freedom. The feed prospects have given a lifeless tone to tho store market. Store Sheep.—There was'ia fuller yarding than for some time, Inclusive of a fair number of lambs. The sale was lifeless and lower values were recorded. Good four and six-tooth wethers, 245., 24=. 7d.; inferior four and six-tooth wethers, 19s. 4d. to 21s. 7d.; good twotooth wethers, 225. 3d. to 235. 6d.; inferior and cull two-tooth wethers, 10s. !>d. to Ils.; good two-tooth ewes, 235. 5d.; failing-mouth owes and lambs (all counted), Ils.; good two, four, and six-tooth owes, 255.; inferior four-tooth ewes, Ids. Id!; fairly forward lambs, 20s. 9d. 1o 21s. 7a.; other lambs, 15s. 9d. to 18s. Fat Lambs.—About 2400 were yarded. Bidding was keon, exporters securing n substantial part of the entry. About 9kl. per lb. was paid, and in some butchers purchases a shade more. Extra prime lambs. 355. 2d.; prime lambs, 295. 6<J. to 32s Gff.; medium lambs, 265. Gd. to 28s. 9d:.; lighter lambs, 20s. 6d. to 255. 9d. Fat Sheep.—There was an ali-roumt easing in ewe mutton to the extent 3s. to 4s. per head, ITie bulk of it bringing about 4d. to 4 T-Bd. pffr lb. Wether mutton was in bettor request. Freezers bought only a few lines of lighter mntton. Prime wethers. 31s. 1o 365. Bd.; medium wethers. 275. to 295.: light and unfinished wethers, 235. 7<l. to 26s 6d.; extra prime ewes. 31s. to 3!.5. 4d’- prime, 265. to 275. lid.; medium ewes, 20s. 6d. to 255. 9d.; light and unfinished ewes, 15s. to 20s. Fat Cattle.—There wns a big yarding of 365. As freezers did not operate there was an over-supply, and all but prime beef dropped in price. The best sold at up to £2 12s. 6d. per 1001 b., lighter stem beef down to 455.. and cow beef less than 42s Extra prime steers, J 123 to .825, prime steers, Xl9 to £22 10s.; medium steers, tCI4 ss. to .£lB 10s.; light ami unfinished steers, X 8 12s. Gd. to .£l3; extra prime cows, «£l6 17s. Cd.; prime cows, Xl2 ss. to £l4 155.; medium cows, £9 15s. to £l2; ordinary cows, £7 10s. to .£9 12s. 6d.; prime heifers, £l2 10s, to £l5 12s. 6d.; medium heifers, £lO 10s. to £l2 ss.j light and unfinished heifers, £f-. 12s. 6d. to £lO ss. Vealers.—There was a small supply ot

! vealers and they sold well. Runners, £7; good calves, £5; medium "Calves, £3; I small and inferior, £2. Store Cattle—There was a yarding of odd lots, which met with a lifeless demand. Three-year steers, £lO 10s.; twoyear steers, £7 to £8 10s.; medium quality mixed sex yearlings, £4; good 12 to 18-month Hereford heifers, £4 10s. to £4 19s. Gd.; inferior cows, 30s. to £3 10s. Dairy Cattle—There was a fair entry of well-conditioned springers and milkers, which sold well. Good second calvers, £l5 to £22 55.; good third culvers, £l3 to’ £2O 10s.; inferior cows, £4 to £8: heifers, £8 to £l4. Fat Pigs.—A further ’drop in values was recorded. Choppers, £6 to £8 155., light baconers, £4 15s. to £5 55.; heavy baconers, £5 10s. to £6; extra heavy baconers, £6 10s. (average price per lb. Bd. to BJd.); light porkers, £3 15s. to £4; heavy porkers, £4 ss. to £4 12s. Gd. (average price per lb., 101 d. to lid.). Store Pigs—There was an average varding, with moderate demand. Good stores, £3 ss. to £3 18s.; medium stores, £2 ss. to £2 165.; small stores. £1 12s. to £2 25.; weaners, 14s. to £1 55.: sows in pig, 12J guineas BURNSIDE MARKET SALES LACK ANIMATION. By Telegraph— Preen Association. Dunedin, January 12. There were small yardingß of sheep, lambs, and pigs at Burnside to-day, but fat cattle, on the other hand, were forward. in large numbers. The sales lacked animation in all departments, and a reduction in prices for sheep, fat cattle, and pigs had to be accepted. Lambs however, sold at an advance on last week’s rates. The reasons given for the reduction in prices for sheep and cattle are that butchers are not transacting much business, as many of their customers are absent from the city, and, further, that the hot weather and tne butchers’ long holdings aro militating factors. There was an overstocked market in store cattle, and a further leduction in prices had to be accepted in order to effect sales. Many of the pens contained cattle in forward condition, but as there was practically no demand for this class several lots were passed m unsold. The continued hot weather is having a decided effect on. the store cattle market. Sheep—A small yarding, numbering 1791 head of fair quality. Competition was slack, and prices showed a reduction of fully 3s. per head as compared witli last week’s rates. Extra prime heavy-weight wethers realised from 40s. to 475.; prime, 365. to 385.; light and unfinished sorts, from 28s. to 355.; extra prime heavy-weight ewes realised up to 425. 9d.; prime, 28s. to 315.; medium, 24-s. to 275.; light and aged, from 20s. to 235. Lambs.—A small yarding, numbering 219 head. The quality on the whole was good. Competition was a shade better than at last week’s sale and prices showed an advance of about 2s. per head. Prime lambs realised from 30s. to 335. 9d.; medium, 275. to 295.; light and unfinished sorts, from 20s. to 255. Fat Cattle—A large yarding, totalling 285 head. Some of the pens contained animals of excellent quality. Very few extra heavy-weight cattle were forward. The sale opened under slack competition, and prices were fully 20s. below last week’s rates, nor was there very much likelihood of improvement as the sale proceeded. Prime bullocks realised up to £2O 10s.; medium, from £l7 to £l9; light und unfinished sorts, up to £l6; prime heifers realised up to £l4, and medium from £ll to £l3. Store Cattle.—A full yarding was offered, but competition was practically lifeless, and all lines were hard to quit. What few sales were effected-showed a further reduction of los. per head. One or two pens of three-year-old bullocks in good forward condition were passed an, but were subsequently disposed of by private sale. Pigs.—A small yarding was offerer!, but proved quite sufficient for requirements. Competition was very slack, and a few lines were hard to quit. Towards the close of the sale prices again showed a decline, prime baconers being sold at a reduction of from 7s. Gd. to 10s., porkers from 55., and stores from Bs. to 10s. per head. HONEY CROP PROSPECTS The Director of the Horticultural Division of the Department of Agriculture has received from the apiary instructors the following reports concerning the honey crop prospects : — Auckland.—The weather during December suitable for white clover growth, occasional, showers being experienced. Bees generally are in good condition for the honey crop. Indications are exceptionally good for a heavy yield. Prices remain unchanged: sections from 10s. to 12s. per "dozen; wax, 2s. 6d. per lb. Wellington.—The weather conditions prevailing for the past month have been conducive to the secretion of nectar in the various flora. Consequently bees generally arc taking full advantage of the opportunity offered to fill their hives, and are mostly in a strong condition for the honey flow. The prospects for a good crop appear very bright. There is no honey coming forward as yet to the grading stores. Local market prices are remaining firm, the better grades securing the advantage. Beeswax is quoted at 2s. 6d. per lb. Christchurch and Dunedin.—Conditions have greatly improved since last report. Excellent rains have fallen in the northern part of the district, and have saved the situation, and good’ crops seem assured. In Southland and Otago the weather has been unfavourable since tho .spring. Generally the bees are in good order, and an average normal crop should be secured. Reports from the "West Coast indicate that the prospects are excellent, where the returns should be above the average. Prices are firm. COMMERCIAL ITEMS INVESTMENT SHARES.

CUSTOMS REVENUE. Customs revenue collected at tho port of Wellincton yesterday totalled £15,186 12s. 1011. NEW ZEALAND AND RIVER PLATE LAND COMPANI. Bv Teleeranh—l’rcßß Association. Auckland, January 12. Cabled advice has been received by the Attorneys for the New Zealand anti River Plato Land and Mortgage Company that at the annual meeting of the company held in London on January 11, the recommendations of the directors were adopted. A dividend of iseven pur cent, per annum, less English income tax for the half-year ended October 31 last, will therefore be payable on January, 21 to shareholders on the colonial register of the company. LONDON STOCK EXCHANGE. (Rec. January 12. 5.5 p.m.) London, January 11. The following are among the latest quotations on the Stock Exchange:—Peninsular and Oriental defeired. stock, buyoro £350, sellers £370; Bank of Australasia, .£B3; Bank of New South Wales, £25; Union Bank of Australia, £l2; National Bank of New Zealand. £5 7s. 6d., ex div.; Bank o r New Zealand, £2l, guaranteed stock £74 10s.; New Zealand Loan and Mercantile Agency Co., £5B 10s. and , £9u 10s. ex div.

LONDON STOCKS OF TIN. Australiasi-New Zealand Cable Association. (Rev. January 12, 5.5 p.m.) London, January 11. Tin stocks, 19,479 tons, of which 3318 tons are on the spot, and 1433 tons aro afloat. Deliveries last month totalled 1934 tons. MINING NEWS WELLINGTON SHARE MARKET. Tho following was the only quotation recorded in the mining market:— Buyers. Sellers. £ a. d. £ s. d. Waihi — 1 10 6 LIVE STOCK SALES The Wairarapu, Farmers’ Co-operative Association, Ltd., report on the first sales of the year at Woodville and I‘ahiutua as lollows:—At Woodville, on January 10, we offered a few pens of sheep and a, good number of cattle. A fair clearance was effected at prices showing a slight decrease on last reports. We made the following sales Woolly Jambs, 195.; 80 shorn rape do., 165.; 54 m.s. 2-tooths, principally wethers, 18s. lOd.; 90 f.f. fcwcs, 20s. £d.; 3 fat cows, £6 10h., £9, and £9 12s. 6d.; 1 15-month Hereford bull, £5 10s.; 2 weaner pigs, 20s. At Pahiatua, on January 11, in”the Farmers’ Yards, we offered a small yarding of sheep and a good entry of cattle. The sale was dull throughout, and although a full clearance waa made, prices were considerably in buyers’ favour. We quote: 11 fat woolly ewes, J7s. 2d.; 86 2-tooth wethers, 195.; 53 owes and 67 lambs, IBs all counted; 1 springing cow, £8; 1 forward heifer, £7; 1 2-year heifer, £5 5= • 2 15-month heiferß, £2 10s.; 1 cow arid calf, £4 10s.; 6 store cows, £4; 5 do., £5 Bs.; 2 do., £3 6b.; 1 bull (potter), £3. The New Zealand Loan and Mercantile Agency Company, Ltd., report on their Fahiatua sale, held »n Tuesday. IV e had a Email entry of sheep and cattle. Biddin" at auction was slow, but the firm managed to make a total clearance at the following prices :-Forw:ird 4-tooth ewes and wethers, 25a. 6d.; fat ewea, Zss.; store cows. £2 ss. to £6 25.; yearling heifer, £1 ss. Messrs. Abraham and Williams. Ltd., report on their Hunterville sale:—Fair yardincs of sheep and cattle came to hand, and contrary to expectations met with a fair demand. Quotations Fair b.f. lambs, 165.; cull do., 6s. 4d.; oj-year steers, £9 to £11; 18-month do., £6; cow in. calf, £lO.

Yesterday’s quotations for investment shares were as follow:— Buyers. Sellers. £ s. d. £ s. d. Inscribed Stock, 1939 — 89 10 0 Inscribed Stock, 1938 — 89 10 0 War Bonds, 1938 89 0 0 —■ 5A D.S. Settlement, 19-33... 88 10 0 — Bank N.Z. (£1) 2 5 0 2 8 0 Union Bank (cum: 12 0 0 12 2 6 Well. Trust and Loan ... — 6 5 0 Well. Deposit 0 8 9 — Well. Gas (pref.) 0 15 6 —• Standard Insurance 2 1 0 —— N.Z. Befriiferatine (£1)... 1 17 6 • - N.Z. Befrieeratins' (10s.)... 1 0 0 Huddart-Parher (ord.) ... 1 19 9 2 1 0 Kaiapoi Woollen (ord.1... —— 1 12 0 Waipa Coal 0 13 6 0 15 0 Gates, Ltd . — 1 5 0 Howard Smith 1 16 0 Wairarapa Farmers (£5) 6-6 0 Wairarapa Farmers (£1) - — 1 o Ward and Co — 1 Wilson’s Cement 0 16 0