FARMING & COMMERCIAL

Dominion, Volume 14, Issue 257, 25 July 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALES FORTHCOMING FIXTURES. TO-DAY. 141 Manners Street, Wellington, 1.30 p.m.— Furniture sale (Wheatley and Co.). TO-MOBROW. 157 Lambton Quay, Wellington, 10.30 a.m. —Sale opossum skins (Johnston and Co.). 27 Grant Road, Wellington, 10.30 a.m.— Furniture sale (Johnston and Co.). Kaikokopu Eoad, Wanganui, 12.30 p.m.— Sale of Lincoln sheep (Wright, Stephenson). Levin Yards, 12 nqpn.—Stock sale. WEDNESDAY. Allen Street, Wellington, 11 a.m. —Sale of abestos (Townsend and Paul). Te Horo Yards, 12 noon.—Stock sale. Waiwetu Road. Lower Hutt, 1 p.m.—Sale of farm implements (H. E. Leighton). Christchurch 2 p.m.—Sale of business premises (Jones. M'Grostie Co.). Johnsonville Yards, 2 p.m. Stock sale. 181 Featherston Street, Wellington, 2.30 p.m.—Property sale (Sloano and Jones). WOOLSALES GOOD COMPETITION IN LONDON. (Hee. July 23, 5.5 p.m.) London, July 22. At the mixed B.A.W.R.A. and free wool sale the competition for merinos was well maintained, especially for the Continent. Prices almost reached the Juno parity. For crossbreds there was strong competition at full rates. Realisations Ned’s Corner, top price, 13}d. per lb., average 12£d.; Venture, top price, 27d„ average 2Gd.; Lillian Fells, 30d.; Bengallow, top price 15Jd., average 15d. —Aus.-N.Z. Caßlo Assn. SPIRITED BIDDING AT ADELAIDE. Adelaide, July 23. There was spirited bidding at the ninth series of wool sales, and the Jost ground was wholly recovered.—Press Assn. Messrs. Murray, Roberta and Co. on Saturday received a cablegram from their London friends, Messrs. Sanderson, Murray and Elder, Ltd., London, dated July 22, reading as follows: —“Merino and fine crossbred, moderate demand. Crossbred, medium, good demand. Crossbred, ooarse, good demand. German buyers operating moderately. Compared with our telegram of July 12, Continental top-making declined 7 J per cent. Merino, other descriptions, market shows no change; greasy and scoured m'erino pieces ideclfned 7J per cent.; crossbred, fine, par to 5 per cent, decline; crossbred, medium, declined 10 per cent.; crossbred, coarse, declined 10 per cent." FROZEN MEAT MARKET LONDON QUOTATIONS. (Rec. July 24, 5.5 p.m.) London, July 23. The following are the latest quotations for frozen and chilled meat: — „ Sheep. Canterbury, light, BJd. per lb.; medium, Bd.; heavy, 7d. Southland and North Island, Bd. New Zealand ewes, s{d. South American, light, 7Jd. per lb.; heavy, Gd. . , , , Patagonian, light, 6£d.; heavy, owes, sd. Frozen Beef. New Zealand new season’s fores, 33 d. per lb.; hinds, Gd.; old fores, 3Jd.; old hinds, old. ria . Australian new crops, 31d.; hinds, j 2 a., old crops, 31d.; old hinds, SidArgentine fores, sjd.; hinds, 83d. Uruguay fores, 31d.; hinds, Gid. Chilled Beef. Argentine fores, 4jd. per lb.; hinds, Uruguay fores, Id.; hinds, Shd. Aus.N.Z. Cable Assn. Messrs. A. H. Turnbull and Co. have received a cablegram from Messrs. Weddel and Co., Ltd., London, reading as follows: “Tallow market has advanced 2s to 3s. Mutton tallow, first grade, 425.; beef tallow, first grade, 445.; mixed tallow, first grade, 405., 415.; inferior, 325. to 335.; market firm. DUNEDIN WOOL SALES POSTPONED TILL AUGUST 8. By Telegraph.—Praa« Association. Dunedin, July . O The wool sale sot down for Tuesday has been postponed in accordance with instructions from tho Moot Committee and owing to shipping difficulty. lhe suggested date for the sale is August 8. COMMERCIAL ITEMS INVESTMENT SHARES. A sale of South British Insurance shares at 345. 3d. was reported on_Saturday. The

CUSTOMS REVENUE. Customs revenue collected at the port of Wellington on Saturday totalled *,1114 2s. 2d. BONBON MARKET REPORTS. Australian-New Zealand Cable Association. (Rec. July 24, 5.5 p.m.) London, July 23. Cotton.—The Liverpool quotation for American middling Upland cotton, August delivery, 8.52 d. per lb. _ Jute.—Dull; jJuly-August delivery, £27 P< Novj 3 Zealand Iflenrp.— Slow of sale. JulySeptember delivery, £36 10s. R cr n ’ lh . Rubber.—Fino hard para, lid- per lb., plantation, first latex crepe. 9id.; Smoked 81 Cvprti.—Steady. July-September delivery, £33 per ten. Linseed OU.-£39 ss. iw ton. Turpentine—9os. per cwt. LIVE STOCK SALES The Farmers' Co-operative Auctioneering Oo Ltd., Hamilton, report:—At Hamilton on Thursday we had an e Jn?h yarding of all classes of stock. Although a considerable clearance was effected, the tone of the market lac ked the buoyancy of a few weeks ago. lat little attention, steers making from to £l2 Very few prime quality were penned. Grown steers were in ihort supply. Two-year empty heifers wore in fair quantity, but failed to maintain tjie substantial advance of the P^, 0 " 3 The beet of those sold reached £5 10s., smaller. .£4 ss. to £4 15s. Steers of the same age. good quality, made to £4 IX., email £3 55.; yearlings, especially heifers. drew fair competition the best of tho latter making from £2 15s. to £3 eS. 6d • smaller sorts, from 27a.; yearling steers reached £2 2s. 6d.; calves, fi 7s. to 12s. fid. Tho quality of the dairy section was mostly inferior and sold at ruling rates, the beat cows offering mak Inc to £l5: others. £7 10s. to £11; “Ciders, from £7 10s. to £9 15 . 3 ’ for fat sheep was dull resulting in many lots „P AB3 W; Wethers mails from 21s. fid. to 235. 6 .. ewes. 15s. 6d.; ewes, in lamb to bh. rams (very forward), reached £l, small backward from 8 s.; empty store owes, from 7b. to 8». fid.; store lambs, 9s. iu- ' to 10a. Bd. Pigs advanced on last, week s rates, drawing strong competition for all classes. Baconers made up £7 !«., POTK era ms do £2 15s. to £4; slips, £1 6s. to £2, weaners, from 16s. _„„ ria Messrs. Abraham and Williams, Ltd., report that at Felldlng. sale on J“W “ they had a heavy yarding of sheep and a good entry of cattle. There was poor inrniiry for sheep, good dairy cows and heifers selling well. Quotations; lat lambs, to 14s. 4d.; shorn lambs, Bb. 3d. to 12a.; 2-tooth to 4-year ewes in lamb to Romney rams, 15s. 3d. to 175.; 4 and 6-

year ewes, in lamb to 6.D. rams, 14a. sd. to 16s. 6d.; 2-tooth to 4-year ewes, in lamb to Romuey rams, 165., 18s. 9d., to 19s. Bd. Cattle: Dairy heifers, Jersey. .£l4, £l5. to £l7; Shorf horn-Holstein heifers, low, £4 18s., £5, to £6; dairy cows, £5, £l4 to £l9 10s.; cows, low, £5 155.; store cows, 16a.. 205., 255., to 30a.; yearling heifera, £4 17a. 6d. to £6 la. The New Zealand Loan and Mercantile Agency Company, (Limited. Palmerston North, report:—On Wednesday, in conjunction with Messrs. Dalgety and Co., Ltd., wo held a highly successful sale of dairy cows, on account of Messrs, J. B. and A. Cooper, of Whakaronga. There was an exceptionally largo attendance of buyers present, and bidding was particularly keen throughout the sale. The cows were a first-class lot in good condition, and coming to profit early in the season, sold well, prices realised being as high as £3B. and the whole herd of 106 head averaging £l9. We quote: Best Jersey cross cows, £25 to £3B; good crossbred cows, £ts to £24 10s.; medium cows, £3 to £l4 10s.; aged and three-quarter cows, £3 to £6; good Jersey springing heifers, £lB 10a. to £2O; good crossbred springing heifers, £l2 to £l6; yearling heifers. £3 155.; .Verses' bull. £2; S.H. bulls, 20s. to 355. Pigs: Breeding sows, £3 135.. £4 55.. £5 155.; weanera. 275.; horses, aged geldings, £lO to £l4; 5-yea-r draught, £35.

Th,e New Zealand Loan and Mercantile Agency Co., Ltd., report that at their monthly sale, held at Otaki on Wednesday. they offered to a good attendance a medium entry of both sheep and cattle, and with tho exception of two pens of breeding ewes, a clearance was made jit the following prices:—Fat maiden ewes and wethers, 21b. 9d.; fat ewes, 17a. 2d.; small 2-tooth wethera, Ila.; medium lambs, 10s. 7d.; cull lambs, sb. lOd.; medium fat cowa. £5 12s. 6d. to £6 4a; dairy cows, £5 15s to £l5. MINING NEWS WELLINGTON SHARE MARKET. The quotations on Saturday for mining shares were aa under:— Buyer*. Sellers. £ a. d. £ a. rt. Waihi 19 3 1 10 6 Waihi Grand Junction... — 010 0 STOCK EXCHANGE. By Telegraph.— Press Association, Dunedin, July 23. Sale Reported.—National Mortgage, 68a. LONDON STOCK EXCHANGE. Australian-New Zealand Cable Association (Rec. July 23. 5.5 p.m.) London, July 22. Among the latest quotations on the Stock Exchange are the following: Broken Hill, buyers 41s. 6d., sellers 425.; North Broken Hill. 3ts. 3d.: South IJroken Hill, buyers 285., sellers 28s. 4d.; Ivanhoe, 17s. Id.; Hampton, ss. WAIHI GRAND JUNCTION RETURNS. By Telegraph—Press Association. Auckland, July 24. Tile Waihi Grand Junction mine, for the neriod ended July 3. crushed 57C0 tons for 1730 ounces of gold and 5792 ounces of silver. Last year 6000 tons yielded £9413.

quotations were as \. tsrq Sellers. £ s. d. £ s. d. Inscribed Stock, 1938 83 7 6 83 15 0 Inscribed Stock, 1933 91 10 0 War Bonds, 1933 91 1.0 0 Bank Australasia Bank New Zealand 83 15 0 7, 8 12 15 3 0 13 0 0 Goldsbroush Mort Equitable Building: Co.... 1 8 6 15 6 0 — Well. Investment0 10 0 National Insurance — q £ N.Z. Refrigerating (£1) 1 9 0 — N.Z. Refrigerating (10s.) 0 16 6 Huddart-Parker (ord.) ... 2 5 Westport Coal 1 Leyland-O’Brien Timber 1 10 0 Taringamutu Totara. ...