FARM & COMMERCIAL

Dominion, Volume 21, Issue 12, 8 October 1927, Page 14

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. Independent Hall, Lower Hut, 2 p.in.— Sale of drapeiy and overcoats (Hull Valley Auetoineering Co.). 133 Hanson Strut, 1.30 p.m.-balx> of furniture (C. W. Price). MONDAY. Mr. Cowan’s farm, Timber Bay, 1 P- m -— Salo of stud A-A. bulls (VV.b.C. and W. and IL). , , Dundas Street, Christchurch, 11 a.m.— Sale of block oi brick buildings (H. C. Smith). Waikanae.—Stock sale. SATURDAY. OCTOBER 15. Corner JRivorbapd Itoad, Kirk’Street, Otaki. on the ground, 1.30 p.iu.Sale of residence and land til, r Leighton). 98 Manners Street, 2 p.m.—Sale ot furniture ißamsey Wilson and Co.). Raiudtigei Street, Palmerston .North, 2 p.m.—Sale of drapery and overcoats (Hutt Valley Auctioneering CoJ. N.Z. Government Nat. Land Court, 2.30 (Silverstone and Co.). TUESDAY. Saleyards. Dannevirke, 10.30 a.m.—Annual sale Aberdeen Angus cattle (H. B. Stock Auet. and Wright, Stephenson and Co.) . , , , , Saleyards, Dannevirke.—Annual sale •Angus stud bulls (W. and h. and Columba Road Yards, noon—Sale 1500 head cattle (Dalgety and Co, and. Wright, Stephensag, and Co., X N.Z. Loan). ' FROSTS DAMAGE POTATO CROPS IN SOME TARTS OF NEW SOUTH WALES. (Rec. October 7. 8.55 p.m.) * Sydney, October 7. It ia reported that late heavy frosts are badly damaging the potato crops in some districts.

FARMING INTERESTS FARMING PROBLEMS RESULTS OF RESEARCH SYSTEM OF INTERCHANGE (Rec. October 7. 7.35 p.m.) , London, Octoper 6. The agricultural research conference during most of the session discussed the system of inter-change of research information. . Mr Julius declared that the proposal of Lord Lovat's committee, approved by the Colonial Office, to use the Imperial Institute as a cleai'inchou«e. would involve half-yearly reports from the ‘tsricultural departments. In thia respect he agreed with the Australian Research Council's letter stating that, this would be inconvenient and undesirable. He suggested the appointment of an Imperial Advisory Board in London. Sir Daniel llall and others supported Mr. Julius. * , , • , Lord Lovat explained that the Imperial Institute was' the only organisation dealing with Empire products in close touch with the trade, giving a reality to research that was otherwise lacking.—A.l’.A. and "Sun." BUTTER AND CHEESE LONDON QUOTATIONS. (Rec. October 7. 8.5 p.m.) London, October 6. The butter market is quietly steady. Choicest salted Now Zealand, 178 s. to 180 s. per cwt.; exceptionally choice, 182 s. Australian. 1765. to 178 s. Unsalted is scarce at a'lout 6s. tier cwt. premium. The cheese market is firm. New Zealand. 105 s. per cwt.; Australian, 100 s. to 102s.—A.I’.A. and "Suu." Messrs. Dajgety and Co., Ltd., i eport having received the following cablegram from their Loudon house, under date October 6 (previous week’s quotations are iu parentheses) :— Butter.—Market very quiet. Wc quote: Danish, 1945. (1925. to )945.); New Z. aland finest salted 178 s to 182». 'l7Bs. to 182 s); Australian finest unsuited, 178 s. to !8„s. (180 s. to 182 s.); Australian finest salted, 1745, to 178 s. (1765. to 180 a.). Cheese.-Market slow. We quo(o: Ntw Zealand cheese, white and coloured, 102 s. to 106 s. (103 s. t< 105 s.); spot price for Canadian white and coloured, 100 a. to 106 s. (100 s. to 106 s.); C.I.F. trice for Canadian, 103 s. to 105 s. (106 s. to 108 s.). THE WOOL MARKET BRADFORD TOPS FIRM. (Rec. October 7. 8.5 p.m.) London, October 6. The Bradford tops market is firm, but spot business is negligible. There is brisk inquiry for futures at cheap prices. Quotations: Sixty-fours. 493 d. per lb.; sixties. 45d.; fifty-sixes, 353 d.; fifties. 283 d.: forty-sixes, 22Jd.; forties, 21d.—A.P.A. and "Suh.” FROZEN MEAT MARKET Messrs. Dalgety apd 00.. Ltd., report having received the following cablegram from their London house, under date October 6:— Lamb.—New Zealand prime Canterbury lamb, 281 b. to 36tb„ 93d.; North Island, 9gd.; Canterbury, 361 b. to 42111., 91d.; North Island. 9Jd.; Canterbury, second quality, 91d.- North Island, 91d.; Canterbury. 421 b. to 501 b., 83d.; North Island, Bid. Market firmer. Demand has been, checked by increased prices asked. Price in store remains very firm, with further advance generally expected. Mutton.-New Zealand prime Canterbury mutton. 48lb. to 561 b., 63d.; North Island, 61d.; Canterbury, 561 b. to 641 b., 6id.; North Island, 5Sd.; Canterbury, 641 b. to 7Mb., 53d.; North Island, 53d.; Canterbury ewes. 481 b. to 641 b., 5Jd.; North . Island, 5Jd. Market unchanged; demand moderBeef.—Argentine chilled hinds, 63d.; f °Pork.—English porkers, 801 b. to 1001 b., lOd. to lid.; New Zealand porkers, 801 b. to 1001 b., 9d.; New Zealand porkers, 1001 b. to 1201 b., Bd.; New Zealand baconers, 1201 b. to 1701 b., 63d.; New Zealand baconers, 170 lb. and over, 6d. Messrs. M. A. Eliott, Ltd., Palmerston North have received cabled advice from their 'London agents of the following Smithfield prices for the week ended October 7. These prices are on the "delivered” basis, that is, including storage charges, cartage, etc.:—Best North Island prime lambs: Under 361 b., 9gd.: 361 b. to 421 b., 9Jd. • 421 b. to 501 b., 9d. Ordinary North Island lambs: Under 421 b„ 93d.; second quality, under 421 b., 9?d. Best North Island wethers and/or maiden ewes: 481 b. to 561 b., 6gd.; 561 b. to 641 b., 6§d.; 641 b. to 721 b., 6d.; over 721 b„ 6d. Ordniary North Island wethers and/or maiden ewes: 481 b. to 561 h., 6§d.; 561 b. to 641 b., 6§d.: 641 b. to 721 b., 63d.; over 721 b., s?d. North Island ewes: Under 641 b.. . 53d.; 641 b. to 721 b., 4,(d.: over 721 b., 4£d New Zealand prime ox beef (equal fores and hinds): 1601 b. to 220111.; not quoted. Remarks: Lamb, id. to id. higher; wethers and ewes, no change: beef, not quoted. CANTERBURY PRODUCE MARKETS Bi Telegbam.—Press Association. Christchurch, October 7. Tho potato market has genie from “worse to fierce,” and is at its lowest point for this year. Prompts have been sold at £4 ss. a ton, f.o.b. 5.1., and this is practically the figure offering for the balance of the month, but few merchants are interested. The Waipori on Wednesday shipped more tubers than was anticipated, her cargo for Auckland coinprisng 6100 sacks. The waipiata is sailing direct from Timaru, and the Kaituna is due from Lyttelton early iu the week. The cargoes of these vessels will supply the northern city until well on in tho month. The wheat market continues firm. Though inquiries for oats continues to come from England, there is an insufficient margin so far to lead to business. Another 2d. a bushel, however, would bridge the spread, and now that a freight rate on a par with pre-war days is available, 255. a ton until the end of October, it is expected that export will become an established fact. In spite of the reported breaking of the drought in Australia, inquiries are still drifting in for oats and chaff, and also for bran. However, the volume of inquiry is much reduced. Chaff is weak at £3 ss. a ton on trucks. A fair amount of retail business has been done in ryegrass. Perennial is worth 2s. 9d. to 3s. a bushel on trucks, and 4s. to 4s. 3d. for machine dressed Italian is still at Is. 9d. to 2s to farmers, or 3s. to 3s. 3d. for machine dressed. Cocksfoot is worth 6d. to 'd. a. lb. on trucks, and from lid. to 113 d. for machine dressed. There has been further business with the Old Country at. 120 b.. f.0.b., values to farmers ask from 93d. to lOd. a It. White clover is very dull at 7d. to Bd. on trucks, and lid. to 12d machine dressed. There is a good deal of poor quality seed about.

AUSTRALIAN MEAT TRADE INQUIRIES IN GERMANY POSSIBILITIES OF EXTENSION (lllc. October 7. 8.5 p.in.) London, October 7. The Australian veterinary representative. Mr. Koss-Oraut. has returned after visiting the leading North German centres inquiring into tho possibilities of the Australian meat trade. At present 120,000 tons are allowed to be imported annually without duty. There is a very heavy duty on the remainder, prohibiting Australian incut. The future depends on the result of the controversy at present waging between agriculturists and Socialists, the former demanding a reduction of the free amount, and tho latter an 80,000 ton increase. Mr. Grant adds: “It is felt in Hamburg that Australia would improve the presont onesixth percentage ot the meat imported to Germany if tho firms were directly represented, similarly to the Americans.”

INSPECTION METHODS (Rcc. October 7, 7.40 p.m.) London, October 7. The Corporation of London has agreed Io permit its veterinary surgeon. Mr. Dunlop Young, to accept the Commonwealth’s invitation to visit Australia in connection with the methods of inspection and exportation of meat, on the understanding that Mr. Young docs not: report to the Australian Government, but on his return submits a private report, the publication of which or its transmission to the Commonwealth will be at the corporation’s discretion. PEDIGREE STOCK CATTLE AND PIG SALE AT CENTRAL DEVELOPMENT FARM ' Dominion Special Service. Levin, October 7. Prices were on the whole satisfactory at, tho annual sale of pedigree dairy stock ami pigs at the Centra) Development Farm, and buyers were present from many parts of the North Island, some coming from as far north us the Auckland district. The stock sold wore bred on tho farm and were in excellent condition. Friesian and Red Poll yearling bulls wore among tho cattle offered for sale, while therm were also some older bulls and a few Red Poll cows and heifers. Buyers were found, however, only for yearling bulls. Tho top price realised was 45 guineas, which was the figure at which Dominion Robin Hood and Dominion King Domino Woodcrest were sold to Hr, E. C. Banks, of Matamata. Other prices realised ranged from 22J to 33 guineas. Following are some of the best sales made in the cattle division: — YEARLING FRIESIAN BULLS'. Dominion Robin Hood, by Carnation King Matador Betty—Dominion Forest Queen, 45 guineas, to Mr. E.’C. Banks, Matamata. Dominion King Domino Woodcrest, by Carnation King Matador Betty-Domin-ion Woodcrest Domino, 45 guineas, to Mr. E. C. Banks, Matamata. Dominion Carnation Woodcrest, by Carnation King Matador Betty—Dominion Daisy Woodcrest, 33 guineas, to Mr. W. I). Mclndoc. Marlon. Dominion King Mierlo, by Carnation King Matador Betty—Dominion Mierlo Mercedes. 30 guineas, to Mr. J. A. Kerr, WaiDawa. YEARLING RED POLL BULLS'. Dominion Fight Master, by Gresham Masterful — Dominion Birdseye, 32} guineas, to Mr. E. 11. Milne, Northern Wairoa. , , Dominion Burgomaster, by Gresham Masterful — Dominion Louvain, 25 guineas, Mr. A. E. Crudis, Tongaporntu. Dominion Mount Gresham, by Gresham Masterful — Dominion Tablehill, 25 guineas, to Mr. H. Russell, Whiteman s Valley. PIGS. The pigs, which were divided into tho Berkshire and Large Black breeds, sold well, the best price being 20 guineas. The demand for younger animals was not so brisk, there being an evident tendency to buy animals likely to make an early profit. DISPLAYS OF MEAT BOARD’S PROPAGANDA IN ENGLAND. The enterprise of the New Zealand Meat Producers’ Board in its steady propaganda is commended by the Iniperiod Food Journal.” The "Journal comments on the distribution of an illustrated booklet which has been widely circulated amongst retail butcheis in England. Such was its reception that no fewer than 100,600 copies were disposed of in . six weeks. The board has also been holding some very successful displays of meat at Eastbourne, Portsmouth, Gosport and Southsea, all on the South Coast of England, butchers’ windows being specially dressed, sometimes with whole carcasses of New Zealand meat labelled prominently. The continuance of this nolicv, it is expected, will he of material benefit to tho industry. WHOLESALE PRODUCE PRICES Messrs Lacry uffd Co., Ltd., re l ,ul t wholesale values a» foll “ w , : ~' M Vots fnnrl fi.Mllck lots 01’ OVCI’ ICbbOL IOLS 6s 3d bu'hcl; linseed meal. 36cwt. lots or o er £l5 55., half-ton lots or over 16s. WOlb.’, lesser lots 16s. 6d. ; “ uts ; 30cwt. lots or ovar £l3 5=.. “h, 10 V fll |, over 14s 1001 b., lesser lots 14s. 6<L freight paid main line stations on SOcwt. paS/oystei’ shell 6-sack lots o over ss„ lesser lots ss. 6il. 1001 b.; pipi snui urit 5-sack lots or over 55., lesser lots ss. 6d. lOOlb.; wheat, Bs. busheL sacks in; broken wheat lor chicks, 7b. ou.» machine dressed and clipped seed Algeii us 5s 4d bushel, farmers’ dressed seed Algerians 45., 4s. 3d., feed Gartons 3s 6d„ grade' Gartons 4s. 2d., 4s. sd„ crushed 4s. 9<l Duns 4s. 4d., os. 2d., black 4&., rye corn 601 b. to bushel, ss. 6d. bushel; wheat and rye corn, 601 b. to bushel, 6s. 6d bushel; feed barley, 4s 2d. and 46 9d. bushel; shelled oats tor clucks, 55.. to ss. 2d.; Java maize, Ki Gisborne niaizc. 6a Bd, bushel; chick raiser, No- L 9s. 6d„ lOOlb. bag 18s. 6d. Baby. £lb. bag 10s. 6d., Chuck-chuck, 251 b bag 6s. bag, nartridge peas, 8s„ 9s. 3d, bushel; feed ocas 7s. and 7s. 6d.: Prussian blue, 12s. 6d • wheatmeal, feed, ton lots, £l4 6s. ton; butter, farmers' prime separator and dairy bulk and pats, Is. Id. to Is. Zii., turkeys Is- 3d- to Is. 4d. lb,; geese, 15s pair; ducks, runners, young, Us. to> 135., large whites 14s. to 15s. pair; fowls, white leghorns Bs. to 95., black Orpingtons and similar varieties 10s. to 125.; eggs, first glade new laid Is. Bd. ; fungus New .Zealand, Bd. to iUd.i dressed pork 60» to 90’s, 7}d. to Bd.; sucking pigs, 9d. to 10d., sucresine, half-ton lots or over £ll 10s.. lesser lots 125.; barley pollard, half-ton lots or over £7 10s.. lesser lots Bs.; maizerneab 10s. bushel; meatmeal, half-ton lots or over £ll ton. lesser lots Ils. 6d cwt.; chiircoß.li 14b. 9d. 501 b, bag; a X I1 ’ cultural salt. £5 ton. le«s than ton lots 5" 6d owl.; rock salt, ton lots £5 10a, lesser quantities 65.; mutton birds, n kits IOJd. bird Tasmanian, m casks. 7(1. bird- molasses, in casks 405., in cases Bs. 6d.; ’Blenheim chaff, toi. lots. £7 10s. ton, less than ton lots Bs.; Haukes cerne, £5 ss. ton. f.o.r. Hastings; Blenheim lucerne hay. £7 10s. ton. f- 0 - 1 *- * Hngton; Java shelled peanuts, 4d. lb„ sacks in; peanuts in shell. 4d. lb., sack lots; superphosphates, list price; barley meal £9 ton. half-ton lots, lesser lots 9s. 671 penmeal, half-ten lots £ll, lesser lots Ils 6(1.; bran, hall-ton lots or oxer 10s lesser lots Bs.; pollard, jalf-lon Jots or over £9 10s„ lesser loti; 10s.; back leaf 40 spray, 21b. tins 135., 101 b. tins 505.; seeds. White clover Is 6d lb1s 6d lb- Danish cocksfool 9(1. lb.. Ha inn rve 6" bushel, perennial 7s. 6d. buslicl. Western Wolths 6s bushe l ; South Islam notatoes, Dakotas £9 to £9 10s., unites £6 10s to £7 10s.; high grade seed pot.itoes, ton lots. Sutton bnprerne £lO. Robin VHnir C 6 10s.. Gamekeeper £5 155.. Arran Chief £5 155., Red Dakotas £7 IDs., less thaa ton lots 10s. extra.

LIVE STOCK SALES FEILDING CATTLE FAIR BT TELEGB> PH.—PBESS ASSOCIATION. Feilding, October 7. ■ At, the Feilding annual ca ttle fair today about 2501) bead of store '■■attic w oi l offered. it, was a good sale all through, and with the exception o t0 "'? pC wh o ?c three-vear steers practically entry sold under the hammer. Not many pens of forward bullocks were offered, and the pens forward were keenly competed for, the top price being £9 2s. for a good line of four-year Aberdeen Angus cattle. Th ree-y ear-old steers were not verv keenly competed for, but all ye-ar-lings and two-year-old cattle met with great competition. Empty heitcis and cows also sold particularly weU. rat cattle met with a fair sale. > ear hug Jersey heifers were in great demand, selling at from £3 up to..A 7 281 lor a line of 25 uice Quality heifers. Following are some ol the prices:— Extra prime fat cows, £7 to £8; good fat P.A. heifers. £6 55.; good fat bhorthorn heifers, £6 18s. 6d.; forward I.A. bullocks, .£8 18s., £9 25.; forward b.H. bullocks, £8 135.; good condition 3 ami 4vear P.A. bullocks, £7 16s. 6d., £7 17s. and £8; good condition Hereford bu locks. £7 125., £7 165.; mixed colour bullocks, £6 2s £6 35.. £8 95.; 3-year P.A. steers. £6 15s, £6 165.. £6 175..; 3-year Hereford, £6 10s.. £6 155.; good S.H. 3-year steers, £7 to £7 65.; smaller ditto, £6 4s„ £6 Ils.; rough 3-year steers. £4 16e.; 2-year P.A. steers, £5 145., £6 Is., £6 55.. £6 175.; 2year Hereford steers, £5 Is., £6. Very few sheep were offered, and the entry in the dairy section was confined to yearling heifers. Fat maiden ewes and wethers, 33a.; fat ewes, 225. 9d. to 285.; fat and forward ewes, 235.; black face hoggets, 235. 9d.; shorn black face hoggets, 21s. Id. The New Zealand Loan and Mercantile Agency Co,. Ltd., report having held their weekly sale at Dannevirke on Thursday. A fair yarding of sheep and a large yarding of cattle were offered to a large attendance. Sheep and cattle maintained late rates, and there was a tola! clearance under the ham ner. Quotations arc as follow: 132 ewes with 100 per cent, lambs nt foot, 31s. lid.; 56 empty ewes, 225.; 53 empty ewes. 195.; 68 m.s. hoggets, 245. 6d.; fat wethers. 275. 6d.; fat ewes, 235. 3d.; store ewes, Bs. to 14s. 6d.; springing dairy heifers, from £4 2s. 6d. to £9; empty heifers (Jersey sorts), £4 to £4 12s. 6d.; good guaranteed dairy cows, lo £8 12s. 6d.; 2-year Jersey bulls. 71 guineas to 10 guineas; good P.A. cows in calf P.A. bulls, £6. WHEAT AND FLOUR AUSTRALIAN PRICES. Ruling prices of wheat and flour in Australia are given in official advice received by the Minister of Agriculture (Hon. O. J. Hawken) yesterday. The message was as under:— Wheat.—New South Wales: No sellers; bulk, 6s. 3d.; nominal bags, no quote. Victoria: Moro offering, old rates, no buyers. South Australia: 6s. Id.; nominal, no sellers; fortnight required to gauge tiie effects of the present splendid rains; markets paralysed in the meantime. Flour.—New South Wales, £l3 10s.; Victoria. £l3 IDs.; South Australia, £l4. Flour dead, no export sales reported. Offals.—No export. New South Wales. £8 10s,; Victoria, bran. £8 10s.; pollijrd. £8 55.; West Australian. £B. Smith Australia, bran. £7 18s.; pollard, £7 7s.- 6d. ROYAL SHOW JUDGE . The appointment of Mr. J. A. Pettigrew as judge of Jersey and Guernsey cattle at the next Royal Show is announced. Mr. Pettigrew resides at Pihama, Taranaki. The appointed judge of working draught horses has not yet accepted office. Messrs. A. H. Turnbull and Company have received the following cablegram from their principals, Messrs. W. Weddel and Co., Ltd., dated London. October s:— At tallow auctions to-day, 800 casks were offered, of which 620 casks were sold. Late rates to 6d. more. COMMERCIAL ITEMS WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS AND PRICES At the afternoon call yesterday a sale of Christchurch Gas shares at 225. tld. was made on ’Change, and sales were reported of Huddart-Parker (ordinary) at 465. 6d., Kauri Timber at 245. ‘Jd., and New Zealand Breweries at 445. There was again a good demand for Government securities, with bids of £O6 for the 4$ per cents., £99 10s. for the 5 per cents., and £lOl for the Di per cents. Wellington Gas (debentures) were firm at £99 ss. Bank shares were in good demand. There were buyers of Commercial Bank (ordinary) at 275. 10d., English, Scottish, and Australian Hank at £7 Bs., National Bank fo New Zealand at £6 195., Bank of New South Wales at £43 55., and National Bank of Australasia (£lO paid) at £l7, a nd£s paid at £8 7s. 6d. Sellers quoted £l4 12s. (Id. for Bank of Australasia, 58s. for Bank of New Zealand, and £l4 19s. for Union Bank. Firmness was shown by Goldsbrough Mort and Co. at 465., Equitable Building at £8 155., National Mortgage at 655., New Zealand Guarantee Corporation, ordinary, at Bs. 7d., and Wellington Investment at 10s. 4d. Christchurch Gas were wanted at 225. 6d„ and Wellington Gas (preference) at 16s. sd. New Zclaand Insurance were steady at 395. There were buyers of Gear Meat at 365. 3d., New Zealand Refrigerating (10s. paid) at 7s. 3d., Huddart-Parker (ordinary) at 465. 4d., and Wellington Woollen (preference) at £6 Is Taupiri Coal were in demand at 245. fld. and Westport Coal at 345. There were buyers of Kauri Timber at 245. Cd., Leyland-O’Brien at 80s., D.I.C. (preference) nt 20s. 9d., Electrolytic Zinc (preference) at 30s. 3d., New Zealand Drug at 635., Wilson's Cement at 365. 3d., and Mount Lyell Mining at 265. 6d. Yesterday’s buying and selling quota-

SALES IN OTHER CENTRES by Telegraph.—Press association. Auckland, October 7. Salos.—Commercial Batik of Australia» 275. lid.; Pukeniiro Collieries, 595.: Hud-dart-Parker, 465. 3d.; New Zealand Pnp’y* 635.; Ohiuemun, 7s. 6d., 7s. 9d.; Wainl, 225. 6d. >r . . . Sale .Reported.—Goldsbrough Mort (new), k ' 4 '■ Christchurch, October 7. Sales Beported.—English, Scottish and Australian Hank, £1 10s.; English, Scottish and Australian Bank (Royal Bank issue). £7 7s. 6d.; Waihi, 225. 6d. (two parcels); National Bank of .Australasia (£5 paid), £8 IDs.; Hank of New South Wales, £43 9s. 6d.; Balgety and Co.. £l3 7h. Cd.; liuddart-Parker, 4Gu. 6d.; kauri Timber. 245. 9d.; New Zealand Refrigerating (contrib.). 7s. 6d. (two parcels); British Tobacco, 575. Sales. —Commercial Bank oi Australia, 275. lid.; Dalgety and Co., £l3 7s. 6d.; Goldsbrough Mort. 465. 6d.; Christchurch Gas (new ss. paid), ss. lOd.; British lobacco, 57a. 3d. EXCHANGE BATES. A.I’.A. and “Suu." (Bee. October 7, 8.5 p.m.) London, October 6. Foreign rates of exchange on October 6, as compared with par rates, or as averaged' first half of 1914, are as follow:— Oct. 6. Oct. 29. Ear.

P. AND O. STOCK. (Bee. October 7. 8.5 p.m.) London, October 6. P. and O deferred stock. £271. PRICES OF METALS. London, October 6. Copper.—Ou spot, £54 16s. 3d. per ton; forward delivery, £54 Os. 7Jd.; electrolytic, £6l 15s. and £6l 55.; wire burs, £62 sb. c Lead. £2O Is. 3d and £2O fl3s. 9d. Spelter. £26 Bs. 9d. and £26 6s. 3d. Tin. £264 12S. 6d. and £262 2s. 6d. Silver.—Standard, 25Jd. per ounce; fine, 27|d; WHEAT AND OTHER PRODUCE. London, October 6. Wheat.—Cargoes quiet, mostly ,3d. per quarter lower, buyers being reserved. Parcels are in small request, and 3d. easier. Liverpool futures; October, 10s. 3d. per cental; December, 10s. 40d.; March, 10s. 4Jd. Spot trade is dull. Australian, ex store. 525. to 545.. Flour.—Australian is iu large supply, with limited inquiry at 38s. to 39?., ex store. Oats.—Firm. Australian Algerian, 275. to 285.; A Gartons, 30s. to 325. Peas.—Blue are quiet; Tasmanian, 3605. to 4005.; New Zealand. 340 e. to 380 s. Maples in fair dcipand. Tasmanian, 92b. 6d. to 955.: New Zealand, 87s. 6s. to 90s. New Zealand beans, 445. to 455. ...Melbourne, October 7. Wheat. —Quiet, nominal, 6s. per bushel. Flour. £l3 55., £l3 K's. per ton. Bran, £8 10s. per ton. Pollard, £8 ss. Oats, 4s. 9d., ss. per bushel. Barley, English, 4b. -Bd., 4s. 10d.; Cape, 4s. 2d.. 4s. 3d. Potatoes, £B, £9 10s. per ton. Oniond, £3, £3 ss. Chicago, October 6. Wheat: December, 1 dollar 318 cents per bushel; March, 1 dollar 34§ cents; May. 1 dollar 361 cents.

WEST AUSTRALIAN WHEAT POOL. Perth, October 7. The chairman of the West Australian Co-operative Wheat Pool stated, at the annual meeting, that the pool for 1926-27 had received 17,933,081 bushels, on which a dividend of se. a bushel had been paid and £26,734 remained, which would probably be allocated as a dividend of 3d. a bushel. CUSTOMS REVENUE. The Custorjs revenue collected at the port of Wellington yesterday totalled £6454. The Loan and Mercantile Agency Co, Ltd, have received the following cablegram from their London house, under date October 5 (last week’s quotations in parentheses):—Butter: New Zealand, 178 s. to 182 s. per cwt. (182 s. to 18ts.): market slow. Cheese: 104-s. to 106 s. per cwt. (102 s. to 104 s.); market quiet.

tlons were as under:— Sellers. £ s. d. N.Z. GOVT. LOANS— Buyers. £ s. d. 41 n.c. Ins. Stk.. 1938 90 0 0 —— 51 p.c. ditto, 1933 .... 101 0 0 —— f>| p.c. ditto, 1936 .... 101 0 0 —— 4} p.c. Bonds. 1939 .. 91! 0 0 —— n.c. ditto, 1938 .... 96 0 0 96 10 0 GJ p.c. ditto, 1933 .... 101 0 0 — 51 p.c. ditto. 193(5 .... 101 0 0 5 p.c. P.O. Ins. Stk., 1929 — 9S 10 0 5 p.c. P.O. Bonds, 1927 DEBENTURES— 99 10 0 —— Wellington Gas 99 0 —— N.Z. Breweries (bonds) 1 3 6 •— New Plymouth Borough, 5 p.c., 1933 — 96 16 0 BANKSAustralasia ......... •*— 14 12 6 Commercial of Aust. (ord.) 1 Y 10 1 8 4 English. Scottish, and Australian National of N.Z 7 8 0 6 19 0 7 1 0 National of Australasia (£10) 17 0 0 —- Ditto (£5) 8 7 •— New South Wales ... 43 5 0 . New Zealand Union of Aust — 14 18 19 n 0 FINANCIALGoldsbrough Mort ... rj 0 Equitable Building .. National Mortgage ... 8 15 0 9 1 G o 5 0 —■ N.Z. Guarantee Corp. (ord., 8s.) 0 8 7 0 8 11 Wellington Investment 0 10 4 —■ GAS— Christchurch 1 6 1 Wellington (ord.) ... —• 8 0 Ditto (pref.) 0 16 5 -— INSURANCE— National —— 4 1 0 New Zealand 1 19 0 — Standard — 3 0 MEAT PRESERVING1 1(1 3 N.Z. Refrigerat. (10s.) 0 7 3 0 7 6 transport— Union Steam (pref.).. —— 0 6 HiiddarUParker (ord.) 6 4 7 <) 9 Ditto (pref.) —— 0 P. and 0. def. stock.. «. t j 0 9 WOOLLEN— Kaiapoi (ord.) — 0 8 3 Wellington (pref.) ... 6 1 0 COAL— T.'iuplri (ord.) 1 4 6 — Westport 1 14 0 — Westport-Stockton. (pref.) 0 3 7 TIMBER— Kauri 1 4 fl — Levland-O'Brlen .... 1 16 0 18 0 National 0 13 3 BREWERIES— New Zealand .e 0 >»c«o 2 . V 6 - S3. 1 18 G.. Ward and Co. ....... —• 6

MISCELLANEOUS— Dental and Medical Supply D.I.C. (pref.) 1 0 9 Electrolytic Zinc (pref.) 1 10 1 12 0 N.Z. Drug 3 3 0 N.Z. Paper Mills . Sliarland & Co. (ord.) 1 17 1 Wairarapa Farmers 0 (pref.) Wilsons Cement .... 11(1 3 — mining— R. Q Mount 1 6 6 Walhi (cum.) ■— *

Brussels, belgas to 34.94 25 £1 34.94 Paris, francs to £1 124 124 25.22? Stockholm, kur. to £1 19.08 18.09 18.12 Oslo, knr. to £1 .... 18.48 18.48 18.12 Copenhagen, knr. to 18.11 £1 18.17 18.12 Berlin, Keichsmark to £1 2D.42 20.43 — Rome, lire to £1 .... 88.87 89.18 — Calcutta, pence to rupee 18 18 24 Yokohama, pence to yen 23 231-16 24 Hong-Kong, pence dollar 24 24 Montreal, dollars to £1 4.86 6-16 4.86? 4.866 New York, dollars to £1 4.86 13-16 4.86 11-16 4.866 Amsterdam, florins to £1 12.13? 12.13j 12.107 Batavia, florins to £1 12.14? 12.14* 12.107