FARMING & COMMERCIAL

Dominion, Volume 15, Issue 134, 2 March 1922, Page 8

FARMING & COMMERCIAL

iNEWS AND NOTES

AUCTION SALES FORTHCOMING FIXTURES. TO-DAY. I 30 Adelaide Road Wellington. 10.30 a.m. Sale of carpenter s tools and furniture (Vine and Wilson). 16 Portland Crescent, Wellington, 1 P.m. Furniture sale (Johnston and Co.). TO-MORROW. Eketahuna. 1 p.m.—Sale of stock and implements (Levin and Co.). SATURDAY. Picton, 12 noon.—Property sale (Dawkins and Townshend). POTATOES FOR CANADA PRECAUTIONS AGAINST TUBER MOTH. The following official statement was issued yesterday by the Minister of Agriculture (Hon. IV. Nosworthy): — “Some time ago a shipment of potatoes from New Zealand to Vancouver, 8.0., was refused entry on the ground that potatoes infested with tuber moth are strictjy prouibitdcT from entering the Dominion of Canada. In reporting the circumstances of the case to the Department of Agriculture, the Canadian authorities intimated that they did not wish to place an embargo upon New Zealand potatoes as tley were anxious to do everything possible to foster Empire trade, but that it was necessary that they should have a guarantee that New Zealand potatoes intended for Canada were not infested with this pest. In answer to an inquiry as to the precautions that they considered should be taken to guarantee freedom from moth, the Canadian authorities offered the following suggestions:— “1. That precautions should bo taken to, see that no tuber moth exists in the districts where the potatoes are grown. “2. That before being shipped they should not be allowed to come into contact with any potatoes known tq be infested with the tuber moth. “3. That they should not be stored in any warehouse or wharves where infested potatoes have been; and “4. That they should be shipped in new bags. “Tuber moth is fairly common each season in the North Island, but in certain seasons is absent, or almost so. in most parts of the South Island. Jfence, any merchant contemplating'the shipment of potatoes to the Dominion of Canada should take special to first satisfy himself that the area from which the potatoes are to be drawn is free from potato moth. To this end the Department of Agriculture will be pleased to assist with advice, upon application being made to it.” BAINFIELD STUD SALE SPIRITED CONTEST FOR YOUNG FRIESIAN BULL. by Telegraph—press association. Invercargill, March 1. A sale of surplus stock of Mr. W. D. Hunt’s Bainfield Stud was held today. It was attended by buyers from all parts of the Dominion, besides two from Victoria. Ton Romney rams were offered and sold at prices ranging from 10 to 35 guineas, the total being 152 guinea*. Flock rams realised from 3j to 7gns. There jvas keen competition for Friesian cattle, Auckland breeders being the highest bidders. Elevon heifers offered realised prices ranging from 45 to 170gns., tlie latter price being paid by Mr. L. Langsford (Papatootoe) for Bainfield Tops.y 11th. The total paid for the heifers was LlOOgns., or an average of lOOgns. each, a (record for the Dominion. Twenty-one bulls sold for a total of 145Ggns., averaging 69 l-3gns. The sensation of the sale was a spirited contest for the six-months-old bull calf Bainfield Netherland King Pontiac, by Rosevale King Sylvia, out of Westmere Netherland Princess. Bidding startddi at 200gns., and the bull was finally knocked down to the Pine Land Co., Auckland, for the record price of 510gns. The total realisation was £3935. ADDINGTON MARKET A VERY SUCCESSFUL SALE. BY TELEGRAPH—PRESS ASSOCIATION. Christchurch, March 1. The fat lamb section was the only one in which pennings were less than the average at Addington to-day. Store sheep were forward in heavy numbers. Fat sheep and fat cattle were also in over supply. There was an all-round easing, particularly in fat sheep. Store sheep provided one of the biggest yardings for some years, approximating 30,000 to 40,000. The bulk were lambs, ewes coming next. There was a big proportion of inferior sorts, and although the tone was easier it was a wonderfully successful sale, prices generally being only a shade easier, and a good clearance being effected. Forward rape lambs, 14s. 9d., 16s. Id.; good, 135., 14s. 6d. • medium, 10s., 12s. 9d.; small and inferior, 7s. 6d., 9s. 9d.; culls, ss. Id., 75.; good 4,6, and 8-tooth eaves, 175., 19s. Id. ; fair, 14s. 9d., 16s. 6d.; inferior and low-conditioned, 10s. 6d., IBs. 6d. ; fail-ing-mouthed, 95., 12s. 9d.; fair 4tooth, 165., 195.; 2-tooth, 145., 18s. 6d.; good 4-6-tooth wethers, 15s. 6d., 17s. Id.; other wethers, 135., 14s. 6d.; inferior, Ils., 12s. 9d. ; 2-tooth, Ils. 9d., 14s. 3d.; cull-tooth, Bs. 6d., 9s. 9d.

Fat Lambs.—‘'/joO penned, a big proportion unfinished. The demand was scarcely so spirited as last week, freezing values being from 6 7-Bd. to 7d.. Extra prime lambs, 235. 6d., 255. 5d.; price, 19s. 9d., 235. 3d.; medium, 175., 19s. Gd.; light and unfinished, 14s. 6d., 16s. 9d. Fat Sheep.—A big yarding of about thirteen races: The bulk were ewes, and values were down by 2s. Gel. for wethers and 3s. to 3s. Gd. for all but primest ewes. Exporters bought tho bulk of the light-weight ewes. Extra prime wethers, 245., 30s. ; prime, 19s. 6d., 235. 6d.; medium, 17s. 3d., 19s. 3d.; light and unfinished, 155., 17s. ; prime ewes, 16s. 9d., 225. !kj. ; medium, 145., 16s. Gd.; light, Ils., 13s. 9d. Fat Cattle. —There was an easing in values for all but a few pens of extra prime beef. Passings were fairly- frequent. Extra prime steers, £l4, £l7 ; prime, £lO 12s. 6d., £l3 155.; medium, £8 2s. Gd., £lO 10s.; light and unfinished, £G 2s. 6<1., £8; extra prime cows, £lO 55.; prime, £5 12s. 64., £9; ordinary, £3 7s. Gd., £5 55.; prime heifers, £6, £9 55.; ordinary, £3 10s., £5 10s. Vealer calves suitable for butchers’ purposes sold well. Runners, £5; good vealers, £3 155.; medium, £2, £2 55.; small calves, 4s. upwards. Dairy Cattle. —There was a firm demand for cows just calved or close to calving. Extra good second and third calvers, £l5; good second and third calvers, £8 10s, £l2; good springing heifers, £l2; ordinary, £7 10s., £lO 4s. ; aged and inferior cow's, £1 10s., £4 10s.

Fat Pigs.—There was an overflow entry and prices all round were easier. Choppers, £2 10s., £4 10s.; light baconors, £3 10s., £4; heavy, £4 10s., £5; (a.vorage price per lb., Gid., Gid.); light porkers, 505., 555.; heavy, GOs., 675. 6d. (average price per lb., Bd. to 9d.). Store Pigs.—There was a general easing in prices. Sows in pig, to 375. 6d.; good stores, 325. Gd.; woaners, 5 s., 10s.

BURNSIDE MARKET SHEEP VALUES EASIER. By Telegraph—press association. Dunedin, March 1. There were full yardings of sheep ind lambs at Burnside to-day. The prices realised for lambs were equal to last week’s rates, but values for sheep were much easier in tone. The lack of competition caused prices to sag. Pigs sold well, and there was I a slight improvement in the tone of the fat cattle market. Fat Cattle. —A small yarding of good quality numbering 180 head. The sale opened under keen competition, and prices were 15s. to 20s. above those ruling last week, but gradually declined as the sale progressed and closed with prices on a par with last week., Primo ox beef was worth in the vicinity of 255., medium quality being worth 2s. to 3s. less, and cow beef about one pound sterling. Prime bullocks realised from £lO 10s. to £l2 10s.; medium, £8 10s. to £10; light and unfinished sorts from £6 10s. upwards. Prime heifers realised from £7 to £8; medium, £5 15s. to £6 10s.; light and aged, from £4 upwards. Fat Sheep.—A large yarding, numbering 3104 head, the bulk of which was comprised of ewes. Although there was quite a number of pens of wethers, the demand at the opening of the sales was slack and prices showed a reduction of Is. per head. As the sale progressed the slackness in the demand became more noticeable and a further reduction of from 2s. 6d. to 3s. per head had to bo accepted in order to effect sales. The causes contributing to this state of affairs were partly owing to butchers holding over supplies from last week, and also owing to a disinclination on the part of freezing buyers to purchase at the prices ruling. Prime wether mutton was worth 3Jd., ewe about 2?d. Prime wethers realised from 21s. 6d. to 245. 6d. ; medium, 18s. to 20s. ; light and unfinished ports from 16s. upwards. Prime ewes realised from 16s. to 17s. 6d. ; medium, 13s. to 145.; light and aged, from IQs. 6d. upwards.

Lambs.—-A largo yarding, numbering 1359 head of mixed quality. Freezing buyers competed with butchers, and prices realised were about on a par with last week’s rates. Values ranged from 15s. to 255. per head, which works out on a basis of 6Jd. per lb. Store Cattle. —A medium yarding was offered for sale, the majority penned comprising half to three-parts fat and aged cows. Very few pens of well-bred steers were forward. The demand was slack and there was no improvement on the low rates lately ruling. Pigs.—A full yarding was offered, all classes being represented. The demand for baconers was a shade better, and prices were about equal to last week’s rates. Best baconers realised from 6Jd. to 7d. per lb., and best porkers from Bd. to 81d. per lb. JOHNSONVILLE FAT STOCK SALE Messrs. Abraham and Williams Ltd. and Wright, Stephenson and Co. Ltd. report on their Johnsonville fat stock sale yesterday : —A full yarding of both sheep and cattle mot with a good sale at prices in accordance with last w’eek’s sale, except bullocks, which were easier. The quality in most cases was good, except for a few pens of sheep which could hardly be classed as decent stores, and sold accordingly. Quotations: ■ Best ox, £9 7s. 6d. to £9 10s.; medium ox, £8 2s. 6d., £8 10s., £8 12s. 6d., to £8 155.; light ox, £7,. £7 55., £7 10s., to £7 175.; cows, unfinished, £3 55.; vealers, 245., 265., 285., 305., to 365.; runners, £2 ss. to £2 16s. Sheep.—Best wethers, 18s., 18s. Gd., 195., 19s. 4d., to 19s. 6d.; woolly wethers, to 235. Bd.; medium wethers, 16s. 7d., 16s. 9d., 175., 17s. Id., to 17s. 6d.; light wethers, 14s. to 15s. 6d.; best ewes, 14s. to 15s. 4d.; light ewes 12s. to 13s. ; best lambs, 18s., 18s. 4d., 18s. 6d., 19s. 2d., to 19s. lOd.; medium lambs, 165., 16s. Bd., to 17s. 4d.; stores, 10s. to 12s.

COMMERCIAL ITEMS

INVESTMENT SHARES.

fiales reported yesterday to the fit-ock Exchange were New Zealand Drug. £2 135., nt the morning call, and Bank iff New Zealand, £2 7b. 6d., nt the afternoon call. Quotations for investment stoek at tho afternoon call were as follow:—

CUSTOMS BE VENUE. Customs revenue collected at the port of Wellington yesterday totalled £2853 2s. 6d. STOCK EXCHANGE. BT TELEGRAPH—PRESS ASSOCIATION. Auckland, March 1. Sales: War Lean, 1938. £9O: -Soldiers’ Bonds. £94 45.: Bank of New South Wales, £35; Bank of New Zealand. 475. 6d. Dunedini March 1. Sales:—Waihi. 18s. 3d.; Bank of New Zealand, 475. 3d.; Westport Stockton (ord.'), ss. MINING NEWS WELLINGTON SHARE MARKET. The following quotation wos recorded at the afternoon call yesterday in the mining section:— Buyers. Seller". £ s. d. £ c ’ d Waihi — 0 18 6

Buyers. £ p. d. Seller*. £ ? d. Insc. Stock, 1939 89 15 0 — Insc. Stock, 1938 89 17 6 — War Bonds. 1939 89 15 0 War Bonds, 1938 89 17 6 —— War Bonds. 1930 91 15 0 — War Bonds, 1933 —— 94 15 9 P.O. Bonds. 1927 93 0 0 — P.O. Insc. Stock, 1927 .. 93 0 0 — Bank Australasia 11 8 6 — National Bank . 5 16 0 5 17 6 Bank New Zealand ... 2 7 3 2 7 9 Union Bank ...x — 12 1 J Union Bank (new) 11 17 6 12 2 0 Well. Invest. T. and A. .080 0 9 0 Well. Gas (ord.) 7 17 6 Well. Gas (nref.) 0 13 3 — N.Z. Insurance 17 6 — Bnddart-Porker (ord.) .. 2 2 9 — Westport Coal —• 18 6 Leyland-O’Brien Timber 1 11 0 —— C. M. Banks (ord.) — 1 3 6 Gates. Ltd —- 1 6 0 Ward and Co. 1 1 6 —