FARM & COMMERCIAL

Dominion, Volume 20, Issue 298, 15 September 1927, Page 12

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. P.N. Saleyards, Blythewood.—Pedigree pig sale (Dalgety and Co.). New Masonic Hall, 11 a.iu.—Salo of oil paintings (E. Johnston and Co.) . 55 Sydney Street, Petone, 12.30 p.m. — Sale of hospital furniture and equipment (J. M, Pearson). Upper Hutt stock sale. TO-MORROW. Raetilii salerooms, 3 p.m.—Sale of land Freeman R. Jackson) Feilding sale. S Willeston Street. 10.30 a.m.—Sale of linoleum (E. Johnston and Co.)._ 201 Wellington Terrace, 1.30 p.m. —Sale of household furniture (E. Johnston and Co.).

FARMING INTERESTS

PIG BREEDING IMPORTATIONS FROM CANADA MINISTER DEFINES CONDITIONS Pig-breeders in New Zealand have for some time past been faced with considerable difficulty in obtaining new blood for their herds owing to importations from the usual sources of supply having had to be prohibited because of the existence of certain diseases in those countries. In view of this and of the growing importance of the export trade in pigptoducts from the Dominion, the Minister of Agriculture (Hon. 0. J. Hawken). has given careful consideration to the needs of the breeders, and as a result lias dcided to allow, during the next few months, the importation of pigs from Canada, subject to conditions.. Firstly, the written consent of the Minister of Agriculture must be obtained before each shipment is made. Applications for such consent must give full particulars of the pigs proposed to ba imported, of the probable date of shipment and of the owner’s name and locality of the farm from which they a e to be obtained, in order that full inquiry may be made before consent is given. Secondly, if a permit is granted it will be subject to the shipper in Canada giving a statutory declaration that tho animals have been in Canada • from birth, that they have been free from all contaHous disease for six months, and that they have not been in direct or indirect contact with any infected livestock for six months. They must also be accompanied by a certificate from a qualified veterinarian, and on arrival in New Zealand will be hold at one of the island quarantine stations of the Department of Agriculture for foity days. . . _ , , An Order-in-Conneil Riving efleet to this decision will be gazetted shortly, and the Minister expects that great benefit to the industry will resultfrom this opportunity for breeders to obtain a complete change of blood for their herds.

LONDON WOOL SALES

CONFIDENT BIDDING

ADVANCE IN CROSSBREDS AND MERINOS

London, September 13. At the wool soles 12,030 bales were offered, including 2648 Pulntas, a representative selection, but a large proportion were second-hand lots. There was a crowded attendance from all quarters, and biddings were confident, but not excited. Merinos and crossbreds both fetched par to 5 per cent, above July closing rates. The appreciation in merinos was chiefly in the finest haired Continental sorts. There was no improvement in short, faulty sorts. Ihe advance in crossbreds was mostly in slipes of the lowest grades. 'The New Zealand lot Maranui brought up to 21d., and averaged 19d. a lb. BROKER’S ADVICES. Tho Bank of New Zealand, produce department, has received the following advice from its London office, under date September 13:—The sales have opened with strong competition and large attendance of buyers. Both merinos and crossbreds are Jd. to Id. dearer. The Loan and Mercantile Agency Co., Ltd, have received the following cablegram from their Lctidon house, under date September 13:—There was a full attendance at tho opening of the sales today, competition by Home and Continental buyers being active, and prices, compared with the close of the preceding series, ruled par to 5 per cent, higher for crossbred, and in favour of sellers for merino. The opening catalogues were fairly representative. Messrs. Murray, Roberts and Co.. Ltd., are in receipt of the following wool market cablegram from their London agents, dated September 13:—Sales have opened, competition good, large attendance of buyers: all sections operating freely Greasy merino, par to 5 per cent, advance; scoured merino, market linn: crossbred greasy comeback tud crossbred greasy fine, none offering; crossbred greasy medium, par to 5 per cent, ad vance; crossbred greasy coarse advanced 5 per cent: crossbred scoured and crossbred slipo. market firm. Messrs. Levin and Co.. Ltd., have received the following cablegram from their London agents, dated September 13:—The auctions opened here to-dav with a large attendance of buyers. Competition strong. Continental buyers operating freely. As compared with the July sales, the market generally is Jd. to id. per lb. higher. Slipo wools, scoured merinos, ami scoured crossbreds selling readily at par to 5 per cent, higher. Messrs. Dalgety and Co., Ltd., report having received tho following cablegram from their London house, under date September 13:—Wool sales have opened with fair selection. Large attendance of buyers. competition animated. As compared with closing rates of last series, prices arc unchanged to 5 per cent, higher. LIVE STOCK SALES ADDINGTON By Telegraph—Press Association. Christchurch, September 14. Entries were on the light side at today’s Addington market, ami the sale was a very satisfactory one to vendors. Fat cattle sold better, fat sheep maintained recent values, and sieve sheep also met with a firm demand. Spring Lambs.—3S spring lambs averaged from 325. to 465. Id., the bulk over 355. Store Sheep.—The best of the ewes, wethers, and hoggets sold well, though backward sorts hardly made tho same prices as last week. Ewes and lambs met with a good sale. Aged ewes made 15s. to 17s. Gd. failing-mouthed halfbred ewes 28s. 3d., aged ewes and lambs 13s. Gd. to 18s. (all counted), low-conditioned sound-mouthed ewes 235. 3(1., two and four-toothed lialfbrcd wethers 31s. to 335. 3d., four and six-toothed halfbred wethers 30s. to 335., inferior four ami six-toothed lialfbrcd wethers 265. 9d. to 28s. Gd., crossbred wether hoggets IDs. lOd. to 20s. 10d., halfbred wether hoggets 19s. lOd. to 20s. 10d., crossbred ewe hoggets 255. 4d. to 265. 4d. Fat Sheep.—Outside sheep included several Southland lines and a good proportion from South Canterbury, and these offerings topped the market. The sale varied by 2s. to 2s. Gd. a head, but the market was as good as last week's. Extra prime wethers made 495. to 535. Id.; prime wethers 435. to 475., medium wethers 365. to 425., light wethers 335. to 355. Cd.; extra prime ewes 395. to 455. 10d., prime ewes 345. Gd. to 3Ss., medium ewes 295. to 345., light ewes 255. Gd. to 28s. Gd.; prime hoggets 345. to 445. 10d., medium hoggets 295. to 335. Fat Cattle.—A small entry of 455 hend. Values were up on last week by over 20s. a head in the earlier part of the sale, but lost this advance In the later stages. Choicest beef made in a few cases 50s. per 1001 b., medium-weight prime 455. to 485., medium quality 425. to 41s. Gd., heavy beef 38s. to 425., ordinary cow beef 375. I to 405., and inferior 30s. to 355. A truck of Southland bullocks averaged £2l Ils. fid., a Manawatu line of 42 steers £lB la., a Wanganui line of forty to £lO os. 2d., a South Otago draft of twenty-live cows aud heifers £l4 ss. Extra heavy prime bullocks made to £2l 17s. 6d„ prime heavy steers £l7 10s. to £2O. medium weight steers £l5 to £l7, light steers £ll Is. to £l4 10s.; extra prime heifers, to £lB 2s. 6d.; prime heifers, £l3 10s. to £l5 10s.; medium heifers, £ll to £l3 light steers £8 to £lO 10s.; extra prime cows to £lB 7s. 6d.. prime cows £l3 ss. to £l5 55., medium cows £lO 10s. to £l3, light cows £9 to £lO 55.. aged cows £7 to £8 15s. Vealers.—Good calves sold well. Twelve io 18-mouths made to £8 2s. 6d., vealers £3 to £6 105.,. others 10s. to 455. fitorc Gattie.—Mostly nondescript sorts. Two pens of three-year station’ steers made £ll 2s. 6d„ two to three-year steers £6 15s. to £B, two-year heifers to £3 15s. Dairy Cows.—A slack sale, values being donV by up to 40s. a head. Best third to fourth calvcrs £6 to £B, others £2 10s. to £5 155., heifers £3 to £7. Fat Pigs.—Porkers made a small entry and sold at an advance. Bacouers mostly were too heavy for the trade, and they sold at easier values. Choppers made £3 to £5 18s. 6d., light bacouers £3 to £3 75., heavy baconers £3 15s. to £4 4s. fid. (average price per lb. 4t<l. to 6J(1.); porkers, 435. to 535„ heavy porkers 575. to 625. (average price per lb. 7Jd. to 9d.). Store pigs.—A very heavy entry, and a dragging sale, with a pronounced drop at the concluding stages. Weaners made 15s. to 425., largo stores 345. to 425., sows in pig to £4 15s. BURNSIDE By Telegraph.—Press assoctattdn Dunedin, Sept. 14. Fat cattle were cheaper at Burnside to-day, and sheep eased during the sale. Fat cattle. —A yarding of 225. The quality was generally good, and was com posed of extra prime bullocks, some plain steers, a number of prime cows and heifers, and a few extra heavy bullocks. There was a fair demand, but slightly easier than last week. Extra prime heavy bullocks made £l9 to £2l 10s.. prime £l6 10s to £lB, light £l2 15s. to £l4 55.; best heifers £ll to £l3 10s., prime £8 its. Gd. to £9 us.; best cows £l2 to £l4 155., prime £7 15s. to £8 10s. Extra heavy ox made 37/6 to 40/- jier 100 lb.;' prime light, 42/-, prime heifers 37/G to 40/-, cow and light heifer 30/-, 32/6. Fat Sheep.—A penning of 127 G There was a good average entry, which included a few special pennings o' extra heavy wethers, not many ewes, and a sprinkling of fine wool wethers. The tale open 'd well in advance of last week's reduced rates—light sheep depieciating 35., io I ip-a.AS about 2s. Gd. There was a continuous strong demand to the end. but pries ease l a little. Extra heavy wethers made 61s. Gd. to Gss., prime heavy, 455. to 475., medium 38s to 425., light 345. to 365.; best ewes 3lls. to 425. 3d., medium 325. Oil. to 365., tight 18s io -us.; a few fat hoggets sold from 255. to 355., according to condition. Extra heavy wether mutton was worth 74. per lb., prime handy weights 7’,i>d., prime ewes Gd., liglit and aged 5%<1., hoggets Oil. Store Cattle.—A yarding of about 20(1. The entry was mixed, and included about twenty young medium steers, a few fair three year-olds, and the balance was made up of young cows of varied quality. There was a’ fair sale. Medium three-year-olds made £8 Ils., and two-year-olds £5 9s. to £6 10s.: conditioned cows were selling at last week’s rates.

I’igs.— A penning of 112 fats and 105 stores The fats were considerably easier than previously, and the stores sold at last week's rates.

JOHNSONVILLE Messrs. Abraham and Williams. Ltd., aud Wright, Stephenson and Co.. Ltd., report as follows on yesterday’s Johnsonville sale:—A fairly good yarding of all classes of stock came forward, but several pens of wethers were hardly finished The sheep sail was good, ewes especially sell ing very well. Good wethers sold well within value. Ox beef sold very freely, the quality being good. although not extra heavy Good cows an.l heifers sold at late rates, although lighter sorts were ii.-u-d to quit. Quotations:—Wethers. 355.. 365. 6d.. 375., 38s. 7d. to 395.; ewes. -Os., 345. 3d., to 375. 9d.; bullocks, £l2 12s. 6d. £l2 17s. 6d„ £l3 2s 6d„ £l3 55., £l3 155.. £l4 to £l4 55.; cows. £5 17s. 6d.. £6 55., £7 to £7 12s. 6d.: heifers. £7 155., £8 55.. £8 12s. 6d„ £7 17s. fid.; runners (heavy), £4 55.: vealers, 285., 375. 6d., £2 Is., £2 6s„ £2 10s. WOODVILLE CLEARING SALE. Messrs. Wright, Stephenson and Co., Ltd., report as follows on a clearing sale on account of Mr. J. W. Compton at Woodville on Mciiday:—We offered the vendor’s dairy herd, pigs sheep, etc., to a large attendance. The cows came forward in good condition, and met with a ready sale the top price being £l2 ss. There were a few late ealvers which brought tho pri'-e down somewhat, never thelcss the whole herd averaged the satisfactory figure of £9 5s The heifers were a" good line, but rather late, and averaged £6 10s. Brooding sows with Jitters made £4 17s. 6d. to £5 'Os., and hoggets 235. 6(1.

FORTY LAMBS DEAD

WAIRARAPA FARMER’S LOSS DISEASE IDENTIFIED A settler, whoso farm is situated in South Wairarapa, mentioned to a Dominion reporter on Sunday last that ho had recently lost over forty lambs from an unknown disease, healthy, vigorous, well-developed animals, three weeks old, dying. The farmer stated that the attack came on with remarkable suddenness, for Jhe lambs gave a leap or two into the air, and then fell dead. The only explanation he could suggest was that perhaps the fattening qualities of tho ewes’ milk promoted an undue blood pressure. An Official Statement. The matter was referred to the Minister of Agriculture (Hon. O. J. Hawken). who has issued tho following statement on it:— “The Department has not so far been advised of any lamb mortality in tho South Wairarapa as having taken place this season, and on referring the report to the Government veterinary officer stationed at Masterton he advised that no advice had reached him of mortally among lambs, and from inquiries made by him from owners who in previous rears have suffered losses no mortalities have up to the present been reported. “From the Wairarapa farmer’s description of the cases I lie trouble is undoubtedly renal congestion, and during tho last few years this Department, •cognising the serious losses occurring, lias carried out. and is carrying out, extensive research work in connection therewith. Certain features of the condition have been established, c.g., age of the lamb—about three weeks—usually a single lamb, and generally a. ewe one is affected. Always the biggest and best are affected. The condition is one of plethora, and so far as our knowledge goes, prevention must: be the sheet anchor. Anything which will reduce the condition of the animal is indicated, such as regular exercises, bleed'iig (this can bo done by docking at about the lime, three weeks, (ho trouble appears), change of pasture for the owes. etc. "Should any of the above stops bo taken the losses should be reduced to a minimum, but these preventive measures most bo taken early if loss is to be. avoided.”. FIXING PRICE OF WOOL NOT FAVOURED TN WANGANUI. BY TELEGRAPH.—PRESS ASSOCIATION. , Wanganui, September 14.Regarding the decision ol the Gisborne Farmers’ Onion to approach tho Hawke's Bay-Alanawatu-Wairarapa sellers of wool with a view to fixing reserve prices for offerings, the Wanganui Provincial Executive Farmers’ Union to-day decided the time was not ripe for the establishment of a price-controlling wool board in New Zealand. The president, Mr. T. Currie, said that on the basis of land at JLS an acre, it had been stated that the production cost of wool was 14(1. a lb. Apparently, reserves would be made on tins basis. Continuing, the president pointed out that most woolgrowers put reserves on their wool at present, but it’ this ne v proposal were put into effect he thought there would be a grave danger of ruining New Zealand sales. They would notice that there had been great activity on Stock Exchanges in artificial silk shares. WAIRARAPA SHOW The Wairarapa and East Coast Pastoral and Agricultural Society’s Jubilee Show is to be held at Carterton on October 2(1 and 27. The prize list is most attractive, and as, a result there should be one of the finest gatherings of pedigree stock at _ Carterton this year. Prize money is on a liberal scale, and tbe total offered is in the vicinity of .£l5OO, in addition to many valuable cups, trophies and special prizes. Every breeder of note may bo expected to make an effort to be represented at this fixture. Entries close on October 15, aud schedules may be obtained free on application to the Secretary, P.O. Box 25, Carterton. PORT OF LONDON RATES The last English mail brings details of recent cabled reductions in charges ut the Port of London. They are as follow: The revised rates ou butter in cold storage are: —Frozen butter, at the Koya! Victoria, West India, ami Surrey Commercial Docks stores: Consolidated rate, including receiving into rtore, rent for one week from first date of landing, and delivery to land conveyance, 15s. 9d. per ton; rent pei< week for second period of 7 days, 6s. 6d. pey ton; reut per week for eacli subsequent period of 7 days, 6s. per ton; lighterage, if incurred, in addition. These rates are net, i.e., not subject to the percentage reduction. Tho revised rates on meat, in cold storage are as follow:—Consolidated rate, including receiving into cold store, piling to marks, rent for 28 days from the. date of first discharge of the frozen cargo, weighing at time of delivery, and delivering to railway wagons, vans, or craft alongside the store, 355. per ton; rent, after 28 days, at the rale of Is 9d. per ton per day. or part of a day ou the weight in. store each .ay, but such rent not to exceed 295. per ton for the second period of 28 days, or 275. 9d. per ton for the third and fourth periods of 23 days, or 265. 6d. per ton for the fifth or any subsequent period of 28 days, on the weight in store </i the first day of such period. These rates are net. 1.e.. not subject to any percentage reduction. The rates for cheese in ordinary storage have not been altered and will, therefore, bo subject to the general reduction of 10 per cent, (other than rent chargee), as from August 1. 1927. The foregoing rates and charges are irrespective of port rates.

COMMERCIAL ITEMS

WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS 4ND PRICES At the morning call yesterday a sale of Kauri Timber shares at 255. 3d. was reported, and at the afternoon call the sales reported were 51 per cent. Stock (1933) at £lOO 17s. 6(1., and Commercial Bank (ordinary) shares at 28s. Government stocks were steady, with buyers of Ibe 4t per cents, at £96 2s. Gd., and the i"J per cents, at £lOO 15s. Wellington Gas (debentures) were-steady at £9B 10s. There was a slightly better demand for bank shares, with bids of 275. 9d. for Commercial Bank (ordinary), £G 15s. Gd. for National Bank of New Zealand, 265. for Bank of New Zealand “D” shares fully paid, ami 16s. 3d. for "D” shares (10s. paid). Sellers quoted £43 7s. 6<l. for Bank of New South Wales, and 58s. lid. for Bank of New Zealand. Financial shares were in good demand, with prices steady. There were buyers of National Mortgage at 625., New Zealand Guarantee Corporation, (ordinary) at 9s. Id.. New Zealand Loan and Mercantile (ordinary stock) at £92, and Wellington Investment at 10s. 3d. Christchurch Gas shares wore steady at 225. (cum. rights), and Wellington Gas (ordinary) at 275. Gd. Standard Insurance shares were firm nt 605., Gear Meat shares were wanted at 3Gs. 3d., New Zealand Refrigerating shares (20s. paid) at 13s. 9d., and 10s. paid at Gs. 3d. Huddart-Parker (ordinary) shares were firm nt 465. 9(1. (cum. dividend), and Union Steam (preference) at 20s. Wellington AVoollcn preference shares were wanted at £5 18s. 6d., and Westport Coal at 335. 3d. There was .a bid of 355. for Leyland-O’Brien Timber shares. There Were buyers of New Zealand Breweries shares at 425. <1(1.. Electrolytic Zinc (preference) at 285., New Zealand Drug at 635. Gd. (cum. dividon). Dominion Investments at 225. 6(1., Wilson’s Cement at 355. Gd., and Waihi Mining at 225. Gd. Yesterday's buying and soiling quo-

The Customs revenue collected at the port of Wellington yesterday totalled £18,761.

SALES IN OTHER CENTRES

by telegraph, -press association. Auckland. September 14. Sales: War Loan (1938), 41 per cent., £96 7s. 6(1.: War Loan (1933), 5J per eent.. £1<I1; Bank of New Zealand, 585.; South British Insurance, 585.; HuddartParker. "45.; Alburnia, 3s.* Id., 35.; Lucky Shot (contributing), 25., Is. lid.; Occidental United (contributing)., Is. 5d., Is. 2d., Is. 2d.; Waihi, 235., 225. 10d., 235. Christchurch, September 14. Sales reported: New Zealand Government 5-f per cent. Inscribed (1927-41), £9B 10s.; Bank of Australasia, £l4 155.; Commercial Bank of Australia, 28s. (two parcels), 275. lOd.; Goldsbrough Mort, 41s. Gd. , r , Sales: New Zealand Government, 5* per cent. Inscribed (1933), £101; National Bank of New Zealand, £6 16s. Gd.; Commercial Bank of Australia, 275. 10,(1. (tour parcels) : New Zealand Refrigerating (•-/• paid). 13s. lOd.; Electrolytic Zinc (pref.), 28s. Gd.; New Zealand Guarantee Corporation, 9s. 3d. AUSTRALIAN BUTTER TRADE Some idea, of tho dairy produce trade of Australia is to be obtained from tho annual report of tile Co-operative Butter and Cheese Factories’ Association ot V ictoria. The report expresses satisfaction with the improvement in the quality and manufacture of butter graded for export. Choicest grade butter amounted to 83.61 per cent, of the butter shipped, compared with 60.2 per cent, in the previous season. First grade butter comprised 7.36 tier cent., second grade 6.05 per cent., and third grade and pastry butter 2.99 per cent. Analyses of 2455 samples were made bv Commonwealth officers, and showed "that the average moisture content was 14.76 per cent. Owing to the drought conditions which obtained during the latter mo'.iths of the 1926-27 season, there was a marked decrease in supplies, which brought about the importation of butter from New Zealand. The total quantity of butter produced, in Victoria was JMil tons, of which 11.888 tons was exported, compared with 11.904 tons in the previous season, tj.hipments of butter from the Commonwealth revealed a decrease of 21.66 per cent., the total exported being 34.C411 tons. It is stated that durTjie the year evidence was given before the Tariff Board in support of an application for an increase to 6d; a lb. in the duty on butter and cheese imnorted from New Zealand. With respect to the London butter trade, statistics for tho year ended June 3(1 last show that the imports into Great Britain and Northern! Ireland from Australia were 30.215 tons, against 40.454 tons in 1925-25. Shipments from New Zealand increased from 51.137 tons to 56 637 tons: the .supplies from the Irish Free State increased from. 21.431 tons to 27.C43 but Canadian shipments fell from Bio3 tej's to 3013 tons, and total imports of British origin from 121.306 tons to 116 833 tons. Foreign imnorts increased from 157,084 tons to 171.806 tons. Danish slrnments increas"-! from t9.73t tons to 9i.(/c tons, and Armmtine shipments from tons to 26.497 t'Jis. Imports from Russia declined from 14.148 tons to 12.269 tons. Total imports, British and foreign combined, increased from 278,390 tons to 288,639 tons.

THE LONDON WOOL SALES The Loudon wool sales, tho fifth of the series, openwi ou Tuesday without showing auy sensational features. Prices generally were firm with an advance of 5 per cent, in some grades. Slipes aud scoured wools, both merino aud crossbreds, were apparently in active demand, and sold readily at par to 5 per cent, higher compared with tbe previous sales. The sales have opened in accordance with expectations, and stocks in consuming centres are light there should be a big clearance of the offerings It is also not unlikely that as the sales progress there may be a further improvement in values, lor tho reports generally indicate that the demand for finished woollen products is better, with a good undertone. Growers, however, must not expect too much, for the position is still a difficult one for the trade. In the United States the woollen situation continues the dark spot of the textile industry. Due to the sweeping changes in both men’s and women's styles of apparel, consumption of wool has been steadily declining since 1922 in America Meantime, mill capacity up to 1925 at least continued to expand, so that notwithstanding an improvement in consumption this year (he industry is still operating far lielo-v anacity. Reflecting tbe unsatisfactory condition of the-mar-ket and the uncertain outlook, the American Woollen Company, the largest textile organisation at the June meeting decided to pass the regular quarterly dividend on tbe preferred stock. This dividend had been paid continuously since 1891 but since 1925 payments have been made almost wholly out of previously accumulated surplus profits, as earnings have not been sufficient to cover dividend requirements. Bradford, as wa know, has been consistently fighting against any advance in the raw material, and it is mainly to the operations of tie Continental trade that values have been eo well maintaioeii. The position will be clarified as the sale progresses. ■

tations were as under: Buyers. Sellers. N.Z. GOVT. LOANS— c* s. d. .£ s. d. 41 n.c. Ins. Stk.. 1938 96 G — 5 A p.c. ditto. 1936 .... — 101 0 0 4 A p.c. Bonds. 1939 .. 96 6 — 4A p.c. ditto, 193S .... V( (> — 4A p.c. ditto, 1930 .... 97 15 0 —— 5.4 P.c. ditto. 1933 .. 100 15 0 —— 5J p.c. ditto, 1936 .. 5 p.c. P.O. Ins. Stk., 100 15 0 — 1929 - 95 6 DEBENTURES— Wellington Gas BANKS— 98 10 0 — Commercial of Aust. I 7 q 1 8 o National of N.Z 6 15 6 Now South Wales .. — ■13 6 - 18 6 Ditto "D” shares (£1 t r> 0 — .— Ditto (10s. paid) .... FINANCIAL— 0 16 — National Mortgage .. N.Z. Guarantee Corp 3 0 — (ord., 8s.) N.Z. Loan and Merc. 0 9 1 0 9 (ortl.) Wellington Investment 92 0 0 10 0 3 17 Well. Trust, Loan (c.r.) GAS— — 0 0 Christchurch (c.r.) .. 1 2 0 —- - Ditto (rights) —— 6 0 0 8 Wellington (ord.) ... 1 4 —- INSURANCE— 0 0 MEAT PRESERVING— 1 16 N.Z. Refrigerat. (£1) 0 13 9 — 0 6 3 —— ■Well. Meat Exp. (ord.) TRANSPORT— 0 9 6 Huddart-Parker (ord.) — 6 9 3 Union Steam (pref.i.. 1 0 0 —— P. and O. def. stock.. ' 280 0 0 WOOLLEN— Wellington (pref.) .. 3 18 6 — COAL— 1 18 3 Westport-Stockton (pref ) — — 0 4 0 TIMBER— I.evland-O’Brien I la 0 ——* BREWERIES— New Zealand ........ o 2 6 4 6 Staples and Co 1 18 Ward and Co MISCELLANEOUS— — 0 0 Electrolytic Zinc (pref.) 1 8 0 1 10 0 N.Z. Drug (cum.) ... 3 3 6 ——* Dominion Investments 1 C G — N.Z. Paper Mills .... Sharland'& Co. (ord.) Wilson’s Cement .... 0 17 6 — 1 1 6 1 15 6 —— mining— 1 o 6 1 4 9 CUSTOMS REVENUE.