FARM & COMMERCIAL

Dominion, Volume 21, Issue 120, 18 February 1928, Page 12

FARM & COMMERCIAL

NEWS AND NOTES

AUCTION SALES TO-DAY. Wellington Road, Paekakariki, 2.15 p.m. —Sale of property, on account Public Trustee (11. E. Leighton). “Strathmore,” Murray Street, Upper Hutt, 1.30 p.m.—Salo of household furniture, motor-car, etc. (IS. Johnston and Co.). MONDAY. Woodbank Yards, Dannevirke, 12.30 p.m.—Wimbledon sale (Williams and Kettle, Ltd.). Haywards, 1.15 p.m.—Unreserved clearing sale (Dalgety and Co. and N.Z.L. and M.A.). • Pahiatua Ewe Fair. 11.30 a.m. —N.Z.L. and M.A.). -10 Falkirk Avenue. Seafoun, 1.30 p.m.— Sale of household furniture (E. Johnston and Co.). TUESDAY. Upper Hutt Ewe Fair, noon (Dalgety and Co.). FARMING INTERESTS MASTERTON RAM FAIR CONCLUDING DAY LINCOLNS AND SOUTHDOWNS Dominion Special Service. Masterton, February 17. There was again a large attendance at the second and concluding day of the annual rani fair of the Masterton A. and P. Association. Stud Southdowns and Lincolns, as well as flock animals of the same breeds, constituted the largest offerings, Romney .Marsh having been disposed of yesterday. The highest price of the day was lOOgns. paid by N. Rayner (Masierton) for a stud Southdown ram, offered by C. E. Vile through Messrs. Dalgety and Co., Ltd., next best price being 75gns., paid by J. Knight (Feilding) for a Southdown ram by the same vendor, while W. T. Hume (Pirinoa) paid 70gns. for a Southdown ram vended by Ellis Bros. SOUTHDOWNS. In all 43 lots of Southdown rams wore offered, bringing a total of £lOl3, and making an average of 23Jgns. Details of the sales are as follow: — Stud Southdowns. —Account H. J. Andrew, to F. M. McLeod (Martinborough), one at 34gns.; to M. McLeod (Martinborough), 25gns., 44gas.; to H. T. Hume (Taueru), 37Jgns.; to A. K. Han- I sen (Greytown), 28igns. Account W. Howard Booth, to C. Hewitt (Martinborough), 30gns. Account J. Knight, to C. B. Wilton (Pahiatua), 27gns.; to W. D. Taylor (Pahiatua), 37gns.. Account A. and J. Gray, to S. McLeod (Pahiatua), lOgns. Account A. Campbell, to W. ' McGruddy (Mangamahae), lOgns. Account Ellis Bros., to H. T. Hume, 70 gns. Account W. Douglas, to C. Palliser (Whareama), llgns.; to Graham Bros., llgns. Account H. Badcock and Son (Hobart) to J. Ogilvy (Gladstone), 15gns.; to W. D. Taylor, 12gns.; to J. Goring Johnstone (Masterton), 14gns.; to R. Bassett (Dalefield), 18gns.; to R. Judd (Masterton), llgns.; to J. Goring Johnstone, llgns., 14gus. Account R. Buick, to L. Jackson (Kopuaranga), 11 gns.; to Dr. Knight (Mount Bruce), 11 gns. Account D. J. Cooper, to H. C. Rasmussen (Hukanui), 12gns. Account A. H. Falloon, to T. J. Cotter (Pahiatua), llgns.; to J. 'Ogilvy, 21 gns.; to C. Palliser. 14gns.; to R. Cooper, 15gns.; to R. Judd, llgns.; to A. B. Cottle (Kopuoranga), lOgns. Account N. G. Rayner, to R. Cooper, 17gns.; to W. J. Cottle, 13gns.; to H. and O. Abbott (Pahautanui), 13gns. Account R. M. Perry, to McGregor Estate (Masterton), 23 gns.; to J. Ogilvy, 20gns.; to D. McGregor, three at 20gns. Account G. Fenwick, to W. T. Brunton (Masterton), 13 gns. Account C. E. Vile, to A. and J. Gray, 27gns,; to J. Knight (Feilding), 75gns.; to G. Yule (Featherston), 40gns.; to N. G. Rayner (Masterton), lOOgns. Seven pens of stud Soutlidown ewes also were offered by three vendors, but the only sales effected the following:—Account F. 11. Badcock and Son (Hobart), to D. J. Cooper, 15]gns., 6| gns.; to G. Fenwick sJgns. LINCOLNS. Stud Lincolns.—Account H. J. Rayner, to L- R- Wilton (Rangitumau), one at 25gns. Account D. McGregor, to J. H. Percy (Bideford), 20gns. Account A. D. McMaster, to Wright, Stephenson and Uo., Ltd., as agents, one two-shear at 20gns. Account L. R. Wilton, to J. H. Percy, 15gns.; to G. Pearce (Patea), idgns. Lincoln flock rams offered numbered 121 in pens of from one to six the total amount received from sales being 3291 gns., and the average price was 2Jgns. Chief purchasers were D. Riddiford (Hinakura), A. Robertson (Mfartinborough), and McLaren Estate (Bush Gully). SOUTHDOWNS. Flock Soutlidown rams proved the largest class, 501 sales being effected for a total of IGfOJgns., making an average of 3Jgns. per ram. The highest price of 22gns. was paid by J. H. Percy (Bideford) for a ram offered by D. I. Ingley, the next highest being 201gns., paid by R. Jackson for a rani vended by P. D. McLachlan. A few pens of flock Southdown ewes also were offered, these going at low prices. Four pens of Hock Border Leicesters found no sale. DAIRY PRODUCE Messrs. Dalgetq and Company, Limited, report having received the following cablegram from their London house, under (late February 16. (Last week’s quotations are shown in parentheses.):— Butter.—We quote Danish, 183 s. to 1645. (178 m. to 180 s.); New Zealand finest salted, 1625. to 1645. (160 s. to 1645.); Australian finest unsalted. 158 s. fo 160 s. (158 s. to 160 s.); salted, 1565. to ,60s. (1565. to 160 h.) ; Australia G.A.Q.. 150 s. to 1525. (148 s. to 1525.); market quiet. I Cheese.—Australian white and coloured. 925. to ,935. (90s. to 915.); New Zealand white and coloured. 945. to 955. (925. to | 935.); spot price for Canadian white 100 s. to 104 s. (100 s. to 102 s.); coloured, ICOs. to 104 s. (98s. to 100 s.); market firm. The total butter imports in the United Kingdom last month were 527.000 cwt.; in the same period last year 476.001)cwt.

LIVE STOCK SALES FEILDING EWE FAIR BY TELEGBAPH.—PHES3 ASSOCIATION. Feilding, February 17. The annual ewe lair was held to-day. There was the usual large attendance from all the surrounding districts. Although quite a number of advertised lines did not come forward, there was a heavy yarding. The majority of the ewes were up to the usual Feilding standard in regard to quality. At the start ,of the sale, bidding was slow, but it livened up considerably as Ihe sale progressed, and sheep were selling at a decidedly higher parity towards the end of the sale. Prices realised were at least ss. per head above that at last year’s ewe fair. Good four-year ewes made from 235. to 265. 7d., good four and five-year ewes sold at 225. 6d. to 245., medium ditto, 19s. 6d. to 225., inferior 15s. to 195., good five-year-old ewes from 20s 6d. to 235. 6d., very fair mixed age ewes 235. 6d. to 255. 6d., good four-tooth ewes, 31s. 3d. to 325. 9(1., medium six-tooth ewes 255. to 275. 9d. Two-tooth ewes drew a lot of attention and sold remarkably well, selected pens making from 335. up to 395. 3d., this price being the highest at auction. Medium two-tooth ewes met witli very keen demand, and realised from 275. 6d. to 325. 6d. Messrs. Dalgetq and Company. Limited, report having a very fair entry of sheep at their Taihape sale on Wednesday. Quotations are as follow:—Four and fivelear ewes, 175,, 265. 20s. 3(1.. 21s. 6d., 21s. 9d ; failing mquth ewes, 10s. 4d. to 145.; cull lambs. 7s. 9d.; two-tooth wethers, small, 19s. 6d.; bull, £4 17s. 6d. FROZEN MEAT MARKET Messrs. Dalgetq and Company, Limited, report having received the following , cablegram from their London house, under date February 16:— Lamb.—New Zealand prime Canterbury lamb, 2M6, 101(1.; North Island, 28-36, 93d.; Canterbury, 36-42, 101 d.; North Island .36-42, 93d.; Canterbury second quality, 9jd.; North Island second quality, Bjd.; Canterbury, 42-50, IOJd. Market tending downwards; demand runs principally on heavy-weights. Mutton.—New Zealand prime North island mutton, 48.56, 7(1.; North Island, 56-64, G,d.; North Island. 64-72, 51d. Market firm owing to light stocks; demand runs principally on light-weights. Beef.—Argentine chilled hinds, sid.; fores. 33d. Market for New Zealand beef nominal. Pork.—English porkers, 80-100. 9Jd.; New Zealand porkers. 80-100, 7d.: 100-120, 61(1.; New Zealand baeoners, 120-170, sid. Australian lamb.—G.A.Q. Australian Jamb. 28-36, 9d.: third Australian lamb, 6d. Market unchanged: demand limited. Australian mutton.—F. A. Q. Australian mutton. 30-55, sd. Market weak; demand poor. Quotations for lamb and mutton are for new season’s. COMMERCIAL ITEMS ' WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS ' AND PRICES At the morning call yesterday sales were reported of New Zealand Breweries (bonds) at £1 3s„ and New Zealand Insurance shares at £2 Os. Gd., while at the afternoon call sales were reported of New Zealand Government 5} per cent. Inscribed Stock (1933) at £lOl 2s. 6(1., per cent. Government Bonds (1933) at £lOl 2s. 0(1., Bank of New Zealand shares at £2 18s. 8(1., New Zealand Loan and Mercantile Agency (ordinary) shares at £97 10s., Gear Meat Preserving at £1 17s. 6d., and Electrolytic Zinc perpetual shares at £1 12s. 4Jd. The latest buying and selling quota-

SALES IN OTHER CENTRES i; : :;lbv ■ • Auekl.-iiicl, February IT. Sales: War Loau (1933), 5J per cent.. £101; Government Lonn (1936), 5} per cent., £lOl 2s. Gd.; New Zealand Breweries, 225. lod.; Bank of New Zealand, 58a. Gd.; National Mortgage, 745.; Wnlpa Coal, 17s. 3d.: Leyland-O’Hrien Timber, 345. lid.; Electrolytic Zinc (pref.), 335. Id,; Sanford, Ltd., 19s. 4Jd.: Taranaki Oil, 10s. lid. Christchurch, February 17. Sales: Commercial Bank of Australia, 275. Sd. (three parcels) 275. 7d.; E.S. and A. Bank. £8; National Bank of Australasia (£5 paid), £S 19s. Gd.; Bank of New South Wales (cum. div.). £47 155.; Bank of New Zealand. 58s. 8d„ 58s. 9d.; Commercial of Australia (rights), 7s. 4d.; New Zealand Insurance, 40s. l()d.; Christchurch Gas (7s. Gd. paid), Bs. Bd.; New Zealand Breweries, 435. 3d.; Mt. Lyell. 3(>h. 2d. Sales reported- North Canterbury Hospital. 5} per cent. (1032), £ll9 (two parcels): Bank of New South Wales (cum. div.), £47 15s. (two parcels): Bank of New Zealand, 58s. Bd.; Commercial Bank of Australia (rights) 7s. 4d.: New Zealand Insurance, 40s. 0<l.; Tlmaru Gas. 225. Gd. Dunedin, February 17. Sale: Upper Nevis, 20s. Gd. (three parcels). CUSTOMS REVENUE. The Customs revenue collected nt the 5 port of Wellington yesterday totalled I £10,328.

tions are as follow:— Buyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 44 p.c. Ins. Stk., 1039 97 0 0 — 44 p.c. ditto, 1938 ... 97 9 0 54 p.c. ditto, 11)33 ... —— 101 2 6 51 n.c. ditto, 193(5 ... 101 17 b —— 5i p.c. ditto, 1941 ... —- 99 5 0 4) p.c. Bonds, 1939 .. 97 0 0 — 44 p.c. ditto, 1938 ... 97 0 0 •— 54 p.c. llltfo. 1936 ...101 0 0 — DEBENTURE — N.Z. Brewed s (stocki and bontft) 12 9 — BANKS— Commercial of Aust. 17 3 17 8 <) 7 0 New Zealand 2 18 5 2 18 9 Ditto “D” shares (pd.) 16 3 - 14 15 0 FINANCIAL— Dalgety and Co —— 13 17 0 Abraham and Williams — — 4 7 6 Goldsbrough Mort .. — 2 8 0 Equitable Building .. —— 8 17 6 N.Z. Guarantee Corp. (ord., 8s.) — 0 8 9 Ditto (pref.) 110 — N.Z. Loan and Merc. Agency (ord.) 96 0 0 —, Well. Trust, Loan .. —— 6 17 6 GAS— Auckland (contrib.) . —- 0 10 9 INSURANCE— _ ... 0 15 9 South British 2 17 6 — MEAT PRESERVING1 17 0 1 17 9 N.Z. Refrigcrat. (10s.) 0 7 11 Well. Meat Export 0 9 9 —• TRANSPORT— Huddart-Pnrker (ord.) —• 2 11 6 Ditto (pref.) 110 — WOOLLEN— Wellington (ord.) ... — 6 4 0 COAL— Westport — 1 12 0 Westport-Stockton Oil 1. . ■ 0 3 6 TIMBER— Leyland-O’Brien .... •— 1 11 6 BREWERIES— 2 2 6 2 3 6 Staples an I Co 1 17 6 Till .... 2 0 0 1 14 0 —— MISCELLANEOUS— C. M. Banks (ord.).. 12 0 British Tobacco (Aust.). (ord ) 1 19 6 ■ III. Colonial Sutra r 55 17 6 — Electrolytic Zinc (pref.) J 12 O 1 8 0 N Z I")png’ 3 8 6 N.Z. Farmers’ FerHHser 4 0 0 N.Z. Paper Mills .... 0 17 0 Sharia nd and Co. (ord. 10 9 Taranaki Oil Fields .. 0 10 0 0 10 9 Wilson’s Cement .... 1 17 6 —• MINING— Wnihl Grand Junction 0 0 10 —• Kawarau —— 0 0 8