FARMING & COMMERCIAL

Dominion, Volume 14, Issue 218, 9 June 1921, Page 8

FARMING & COMMERCIAL

AUCTION SALES

FORTHCOMING FIXTURES. TODAY. Dixon Street, Wellington, 9.45 a-.in.-~Meat sale. Taihapo Yards, 10 a.m.—Sale of shares (Daigety and Co.). Allen Street. Wellington, 11 a.m.—Salo of paper bags (Townsend and Paul). Upper Hutt Yards, 1 p.in.—Stock sale. 7 Buller Street, Wellington, 1 p.m.—Furniture eale (Vino and Wilson). TO-MORROW. 157 J-ambton Quay, Wellington. 10 a.m. — Bale of unclaimed goods (Johnston and Co.). 157 Lambton Quay. Wellington, 11 a.m.— Sale of sheetings, damasks, etc. (Johnston and Co ). 1 Boundary Road, Kalburn. 1.30 p.m.— Furniture sale (Sloane and Jones). Customhouse Quay, Wellington, 2.30 p.m.— Property sale (A. L. Wileon and Co.). SATURDAY. Waterloo Road. Lower Hutt, 11 a.m.—Furniture sale (Nathan and Co.). 93 Apu Crescent, Lyall Bay, 1.30 p.m.— Furniture sale (Sloane and Jones).

TARANAKI WINTER SHOW

BUTTER AND CHEESE AWARDS. By Telegraph.—Press Association. New Plymouth, June 8. The winter show was opened to-day by the Hon. W. Nosworthy. The butter and cheese section provide special features, both being filled by record entries of high quality. The winners in the butter classes are-. Taihapo, Shannon, Oniata, Levin. Tho points prize and points trophy went to Shannon. Winners in the cheese section are: Parkvale, Dalefield, iC’aitrington, Taratahi, Waipapa. The Shaw, Savill special prize was awarded to Parkvale, the Union Steam Ship Company’s special prize to Dalefield, the Viking rennet special prize to Taratahi, and the points prize to Taratahi.

HAWKE'S BAY FARMERS ASSOCIATION TO ISSUE BEARER BONDS. By Telegraph—Press Association. Napier, June 8. At a meeting of the directors of the Hawke's Bay Farmers’ Co-operative Association to-day the position of the farming industry in this province under tho present financial stringency was further considered, and an important decision was arrived at. Only a small percentage of last season’s wool clip has so far been realised. It was stated that a proportion of the surplus live stock is still held, consequently the association finds itself in the position of having to finance a large number of its numerous clients for a second year. In order to strengthen the association’s position, it was decided to offer to the public £75,000 in bearer bonds, paying interest at 8 iper cent. The bonds will be repayable in five or ten years, and are to bo issued in denominations of £25, £5O, and £lOO. The prospectus will be publisned immediately.

BUTTER AND CHEESE

OUTLOOK FOR NEXT SEASON.

By Telegraph—Special Correspondent. Hawera, June 8. Dairymen arq debating whether butter or cheese will pay the highest price next season. Mr. Maurice Nathan, managing director of Joseph Nathan, Ltd., in tho course of an interview' said it was impossible to predict what will be the better proposition until next season opens in September or October. There was just now a slump in cheese, but it had to be remembered that this product was aerj largely made in Canada and -America. America was a strong competitor, and met Now Zealand iu the English market. On the other hand, Canada and the United States purchased a certain quantity of New Zealand butter. Owing to the big strike it was not to be expected that prices would be on anything like the same level ns Last year, but he thought that the price would bo somewhere between tho pre-war figure and tho abnormal price realised at tlio opening of last season. New Zealand, he said, occupied a high position in the trade. The organisation and quality of its products were of such a high order that, all things being equal, the Dominion had a better chance to secure preference in tradeit han any other competing countries Farmers would be glad to know that New Zealand' butter was now quite as good f.not better, than Danish in quality. Quality told its tale every time, and ho m„ed farmers to agitate for a superfine grade in butter. The same remark applied to cheese.

ADDINGTON STOCK MARKET

FURTHER SLIGHT IMPROVEMENT IN PRICES. By Telegraph —Press Association. Christchurch. Juno 8.

At the Addington market to-dny values showed a further slight improvement, beef particularly bringing higher prices. Store Sheep.-A smaller yarding and a freer sale. Good forward 4 and 6-tooth wethers realised 15s. 9d. to 18s.; fair, 12s- 4d to 14s. 4d.; two and 4-tooth halfbred wothers, 17s. 9d.;.cu1l and inferior two-tooth wethers, 7s. 7d. to Bs. 3d.; good forward lambs, 10s. 6d. to Us. 6d.; fail wether lambs, 6s. 3d. to Bs. 9d.; cull lambs, ss. to 65.; good halfbred eve lambs, 15s. fid.; inferior ewe lambs, 6s. 3d to 7s. 6d.; good 4,6, and 8-tooth ewes, 18s fid. to 245. Id.; fair, 13s. 6d. to 145.; aged, failing-mouthed ewes, 6s. 9d. to Fat Lambs. —A good sale at late values. Extra prime realised 235. 6d. to 275. Gd.; prime, 20s. to 225. lOd ; medium 16s. 9d. to 19s. 9d.; light and unfinished, 13s. 4<l. to Ife. 3d. Fat Sheep—A big yarding and a spirited sale Extra prime wethers realised 29s fid ; prime, 21s. fid. to 255. 3d.; medium, 18s. 3d. to 21s. 3d.; inferior, 13s. lOd to 17s. 9d.; extra prime ewes, 265. 6d; prime, 17s. 9d. to 22a.; medium. 15s. to’l7s 6d.; inferior, 10s. to 14s. 6d. Fat Cattle—A small yarding, and nn increase in values for steer beef of 20s. per head. Extra prime steers realised J">i to £O3 55.; prime, £l5 to .£l7 155.; medium, £ll to £l4 17s. 6d.; light, £7 to £lO 10s.; prime heifers. £lO to £l5 12s. 6d ; ordinary heifers, £5 15s. to £9; prime cows, £7 16s. to £l4; ordinary cows, £5 to £7 10e. Dairy Cows.—Good Jersey springers realised £25 10s.; medium to good cows, £l2 to £l6 10s.; good springing heifers, £lO 10s to £l5 10s.; medium, £7 to £9. Store Cattle—A slightly improved demand. Three-year steers realised £6; two-year-olds, £4. V'eale.rs.—A rise in values on Inst week’s rates of 10s. Small runners realised £5 10s.; good vealers, £1 ss. • pigs.—Coppers, £3 to £6 7s. Gd.; light baconers. £4 10s. to £5 55.; heavy, £5 15s. to £6 6s. (average price per lb. 7sd. to 73<1.); light porkers, .£2 10a. to £3; heavy. £3 ss. to £4 (average price per lb. 10d. to 101 d.). i

BEE-KEEPING INDUSTRY

annual conference opened. By Telegraph—Press Association. Auckland, June 8.

The eighth annual conference of tho National Beekeepers’ Association of New Zealand opened this morning under tho presidency of Mr. IV. Watson (Geraldine). There were about sixty delegates from nil over New Zealand present, including a number of ladies. Mr. Kirk (Director of tho Horticulture Division) attended the conference, as well as other officials connected with the apiary section.

NEWS AND NOTES

Mr. Kirk, in formally opening tho conference, mentioned that in 1.905 the value of honey exported from New Zealand i was £B5, and by 1320 the total had increased to £34,131. In the course of an address, the president. said that he hoped the conference would again emphasise the need d£ securing bettir means of controlling disease, which was Hie most serious factor operating against the progress of the industry. At the same time New Zealand beekeepers might congratulate themselves that they had only one serious disease to fight. They must, however, continue to strive for more inspectors and increased interest from Parliament, with a view to improving tile status of tho industry.

BURNSIDE STOCK SALE

A GOOD DEMA,ND. By Telegraph.—Pre?s Association. Dunedin, June 8.

There were fair yordings in each department of fat stock at the Burnside sale to-day. The demand generally was good, especially for fat sheep and lambs, and the sale closed with prices firm at last sale's rates. Eat cattle prices eased towards the close of the sale. Fat Cattle,—A medium yarding of good quality. The number penned was 188, a fair proportion being good finished cattle and the balance good to medium. Prices at the opening were on a par with last week’s rates, but as the sale progressed became somewhat easier, and had receded to the extent of 10s. per head at the close of tho sale. Prime beef sold at: from 355. to 375. Gd. per 1001 b., medium 30s. to 345. Cow beef was down to 20s. Extra prime heavy-weight bullocks realised up to £2l 10s., prime to Xl7 10s., medium £l2, others £7 upwards, best cows and heifers to £l4 10s., medium £lO to £l2, others £7 upwards. Fat Sheep—A medium yarding, numbwing 2555 head of varied quality. There was a keen demand from butchers, best sheep realising last sale’s rates. Light and unfinished sorts sold very readily, and realised slightly more than the same class of sheep last week. Primo wether mutton was worth about Id. per lb., and plain wether and ewe 3d. to 3-}d. Prime heavy-weight wethers realised 225. 9d. to 28s. Gd., medium 17s. Gd. to 21s. Gd., lighter kinds 13s. upwards; prime ewes 19s. to 245., medium 14s. 6d. to 18s., light and aged 9s. upwards. Fat Lambs—26l3 were penned, a full yarding, which met with keen competition. Freezing buyers were operating strongly, and butchers being also in evidence, a brisk sale resulted. Last week's rates were fully maintained. Extra prime lambs realised 265. 9d. to 28s, prime to oo, 3 9d., medium 14s. 6d.; prime lambs made up to 6RI. per lb, and some special lines in the vicinity of 7(1. Store Cattle.—A small yarding of poor quality. The sale lacked animation, and cattle in backward condition were hard to quit. The sales effected were on a par with late lates. Pigs.—A good yarding, all classes being well represented? A good sale resulted, the price reaised being equal to late quotations. Prime, baconers and porkers were sold at vahles equal to Bd. to 9<i. per lb.

SHEEP DOG TRIALS CHAMPIONSHIPS AT TE KUITI. By Telegraph—Press Association. Te Kuiti, June S'. The North. Island championship sheep-dog trials are being held at. Io Kuiti. The Long Head started on Tuesday morning, under very favourable weather conditions. Tho 'president, Mr. A. J. Sutherland, and Mr. G. H Nunncrley, the secretary, with a good* staff of workers, are (carrying through tho trials with success. The following is the result of the Long Head Class I-.—Roney M'Donald (Dannevirke), Jet, 46 points, 1; IT. Buckley (Pemberton), Flin, 44-L 2: S. Voyce (Io Kuiti), Kip, 44. 3; H. M'lntyre (Dannevirlte), Chief, 43, 4. YEAR’S PRODUCTION OF HONEY By Telegraph—Press Association. Auckland, Juno 8. At tho National Beekeepers’ Association’s conference, w'hich was opened today, Mr. G. AV. Kirk estimated tho value of the year’s production of honey at 66126,500. MASTERTON A. & P. ASSOCIATION GENERAL COMMITTEE MEETS.

By Telegraph.—Special Correspondent Masterton, June 8. Tho monthly meeting of tho general committee of the Masterton A. and 1. Association was held to-day, Mr. n. ±l. Buick presiding. A letter was received from Mr. E. M'Kenzie, secretary of the Mairarapa Rugby Union, stating that the union was prepared to use the Showgrounds for matches, providing the society removed several jumps and other obstructions oil the oval. The chairman explained that tho union, had agreed to play the Spring-bok-Wairarapa match on tho Showgrounds. If tho committee removed tho wire and brush jumps, the union would play all important Mastertoll matches oh the Showgrounds. It was resolved to allow the union to use the grounds on the understanding that the A. and P. Association received 15 per cent, of the gate takings. The secretary explained that it was expected that the takings at the South African match would approximate .£6OO or .£7OO, about JU2O of which would accrue to the association. It was resolved to donate £2 2s. to the St. John Ambulance Association. It was resolved to send a letter of condolence to tho relatives of the late J. A. K Mr’h. Wilton was appointed caretaker of the Showgrounds. The treasurer reported that the receipts for the past month amounted to <£Bs Is. 9d and the expenditure to <£lo4 Bs. Bd., leaving a credit balance in the working account of £251 17s. 6d„ less a loan account debit of £2500, leaving a debit balance of £2243 2s. Cd. The committee considered tho suggestions contained in tho suggestion book. The following were among those approved- That draught horses (judged by students) be judged on the second day of tho show; that it be a recommendation to the incoming committee that there be two classes for pairs of ponies; that tho class for horses most suitable lor artillery (purposes should be transferred from tho saddle horse section to tho draught horse section; that a conference of fat stock buyers and some of the chief exhibitors be held to consider the improvement of the fat stock classes; that a class for dairy cow in milk bo included; that a class for yearling bull bo included under milking Shorthorns; that the classes for thorougbreds, trotters, and ponies to be led be done away with; that Class 183 for pony stallions bo altered to read : Ponv, any age, 14.2 hands and under; that a class bo inserted lor pony mares, any age, with foal at foot, 14hands ami under; that with the exception of the class for dry brood mare all classes for hacks to be led be deleted; that the classes for pair of buggy horses and pair of buggy ponies bo deleted; that a jumping competition for children under twelve bo added; that the high jump competition be done away with; that a trotting class for children’s ponies up to 13.2 hands be added.

COMMERCIAL ITEMS INVESTMENT SHARES. Yesterday’s quotations for investment/ Bh,ares were as follow:— j Buyers. Sellers.

CUSTOMS REVENUE. Customs revenue, collected at the port of Wellington yesterday totalled £4767 12s. Id. LONDON STOCK EXCHANGE. Australian-New Zealand Cable Association. London, Juno 7. Hampton, buyers 55.. sellers 65.: City of Sydney Loan, £96; Daigety aud Co., £9, and 4$ per cent, debentures, £59 tOs.; Goldsbrough Mort debentures. £63 10s. MINING NEWS WELLINGTON SHARE MARKET. Tho quotations yesterday for mining shares were as under:— Buyers. Sellers. £ s. d. £ s. d. Talisman 0 6 0 0 6 3 Waihi 1 10 0 ~ , Waihi Grand Junction... 0 10 0 0 10 6 STOCK EXCHANGE. By Telegraph.—Press Association. Auckland, June 8. Sales Reported.—Bank of New Zealand, 465.; Grand Junction, 10s. 9d., 10s. 6d. Dunedin, Juno 8. Sales.—Westport-Stockton (ord..), 6s. 4d.; Bruce Woollen, 4s. LIVE STOCK SALES

Messrs. Abraham and Williams, Ltd., report on their Marton sale, held, on Tuesday. A good yarding of sheep and a small one of cattle came to hand and were offered to a good attendance. There was again a much better tone, and everything was sold at the following rates:—2-tooth ewes, r.w. S.D. rams, 15s. 7d.; do., do. Romney rains, 10s.; mixed aged do. r.w. Romney rams, Ils. 6d, 'wl. sd.;‘- small empty 2-tooth ewes, 9s. 3d.; 2-tooth wethers, 15s. 3d., 15s. 4d.; small do., 12s. /d.; small lambs, Bs. lid., 9s. 7d.; store ewes, 75.; fat ewes, 14s. Id; dairy cows, £l6, £18; others £B, £9 ss; old cows, 235.. £2; weaner heifers, 245.; steers, 155.; heifers, in calf, to £7 10s.; weaner pigs, 7s. to 10e.; porkers, 345., 355., to £2 7s. 6d. The Wairarapa Farmers’ Co-operative Association Ltd., Pahiatua, report on thei’’ weekly sale, held at Mangahao Road yards on Tuesday, as follows:—A good entry of sheep came forward, a little over 1700 head being yarded, included in which were some very fine lines of fat ewes and wothers, the fat ewes being particularly good top prices being realised by Messrs. Kebbell Bros.’ entry of 191 head, winch sold at from 14s. sd. to 16s. 2d. Fat wethers were also iu good demand, best lines of fats throughout being purchased by outside buyers. A small pen of stud Romney ewes, in lamb, sold on account of Mr. R. Haliburton, realised IBgns. We made a good clearance under the hummer at. satisfactory prices. A few pens of cattle, principally heifers in calf, made Into rates. We report the following sales: 60 fat ewes, 16s. 2d.; 94 do., 16s. 7d.; 37 do., 14s. 5d.; 77 do., 14s. 3d.; 19 do., 12s. 7d.; 33 do., 125.; 94 2-tootli ewes, 13s. 5d.; 52 empty ewes, 95.; 61 ewes, in lamb to Romney rams. 9s. 7d.: 91 fat wethers, 16s. Bd.; 51 4-tooth wethers, 14s. 6d.; 54 cull lambs. Is. ltd. to 2s. 4d.; 36 Romney lambs, 6s. lid.: 102 b.f. lambs, 6s. id. to 10s. 2d.; 100 wether lambs. 7s. 7d.; 3 dairy cows, £6 12s. 6d. to £l2; 5 heifers, £3 10s. to £lO 55.; 8 Jersey-cross weanere, £2 to £3 155.: 1 empty cow, £l' 2s. 6d.; 1 empty heifer, £1 12s. 6d.; 1 bull, £3. The New Zealand Loan end Mercantile Agency Company, Limited, Palmerston jjorth, report:—We held our fortnightly sale at Rangiotu on' Monday, when small yardings of both sheep and cattle came forward. Though there was only a small attendance of buyers, bidding was brisk, and tho whole of the entry was quitted nt late values. We quote: Cull lambs. ss. 6d.; 3-year springing heifers. £8 to £11: 2-year springing heifers. £5 10s.; forward cows. £2 7s. to £3; store cows, £1 ss. to £2 3s.

Inscribed Stock. 1939 £ s. d. .£ 83 H. C. 0 1 82 5 0 Inscribed Stock, 1938 82 0 0 War Bonds. 1933 and 1939 62 5 0 War Bonds, 1933 91 0 0 — National Bank —— ■ 9 a Bank New Zealand 2 5 6 2 6 D Eciuitnblo Building Co.... 6 15 0 7 5 0 National Insurance 2 15 t South British Insurance — 1 11 0 N.Z. Refr iterating (£1)... 1 8 3 —— N.Z. Refrigerating COs.) — 0 16 6 Huddart-Pnrker (ord.) ... 2 1 3 . 2 3 Well. Woollen (ord.) — 8 10 0 Well. Woo'lcn (pref.) ... 7 2 6 Taupiri Coal (ord ) 0 16 9 — West port Coal 1 0 6 — Levland-O’Brien Timber 1 6 0 Newton King (pref.) — 0 17 6 N.Z. Paper Milla I 3 0 Wairarapa Farmers (pref.) 0 15 6 —