Farm and Commercial Section

Dominion, Volume 22, Issue 33, 2 November 1928, Page 14

Farm and Commercial Section

LATEST REPORTS from ALL CENTRES

AUCTION SALES

TO-DAY. Warren Street, Hastings, 1 p.m.—Sale of contractor's plant, estate McGaffin (Dalgety and Co.). Longlands Saleyards, Hastings, 11 a.m. —Sale of Springfield cattle (W.S. and Co.). TO-MORROW. Hall, Paraparaumn, 2.15 p.m., account Sir. J. Lynch.—Sale 605 acres, Paraparaumu (N.Z. Loan and Mercantile). 10 Copeland Street, Lower Hutt, 3.30 p.m.—Sale property (H. E. Leighton). 4 Bloomfield Terrace. 2.15 p.m.—Sale home, Lower Hutt (H. E. Leighton). 18 Petone Avenue, Petone, 1.30 p.m.— Sale furniture (Moat and Hicks). WOODS' GREA’I PEI FERMINT CURE-

MARKET FOR NEW ZEALAND

PRODUCE CLAIMS OF MANCHESTER Dominion Special Service. Auckland, October 30. Next to London. Manchester is the greatest market for overseas goods in Great Britain, and a greater decentralisation ot' produce from New Zealand to the Mother country would be in the best interests of producers. This is the opinion of Captain \V. J Wade, representative in Australia and New Zealand of the port of Manchester and of the Manchester ship canal, who arrived from Sydney by the Ulimaroa. Captain Wade, who has his headquarters in Sydney, will make a business tour of the Dominion. For fifteen years Captain Wade was general superintendent of the Manchester Municipal Markets’ Department, and in this capacity he had the supervision of the meat, produce and fruit markets, abbatoirs, cold stores, etc.- He stated that from their magnitude and the volume of business transacted, these undertakings ranked next in importance to those of London. During his tour of New Zealand Captain Wade will advocate the development of direct trade between New Zealand anil the great industrial area in and around Manchester. SHIPMENTS OF LAMB FROM AUSTRALIA. The New Zealand Meat Producers’Board has received a cablegram from its representatives in Australia, advising that 188.03S carcases of lamb were exported from Australia for the fortnight ended October 26, 1928. DAIRY PRODUCTION IN AUCKLAND IMPROVEMENT ON LAST YEAR'S OUTPUT. Dominion Special Service. Auckland, November 1. October was a month of great dairy production in the Auckland Province, the yield being over 12 per cent, in excess of that lor October, 1927, and aggregating nearly as much as was produced in July. August and September together. The production for the first four months of the current season Is uearij- 15 per cent, in advance of that for the corresponding period of last dairying year. The following is a summary of the number of boxes of butter and crates of cheese received at the grading stores of the Auckland Farmers’ Freezing Company during October, 192 S and 1927:— 1928. 1927. Butter 265,123 238.941 Cheese 21,491 17,316 SYSTEM OF PAYMENT FOR MILK (By Telegraph.—Press Association.) Palmerston North, November 1. The conference of the Milking Shorthorn Breeders at the Royal Show passed a resolution urging the Dairy Division to bring into vogue a more equitable system of payment for milk supplied for cheesemaking, In view of the fact that- the recent Ilawera tests proved that payment on a butter-fat basis was equitable. SYDNEY WOOL SALES POSTPONED ■ By Telegraph.—Press Association. (Rec. November 1, 10.10 p.m.)’ Sydney, November 1. The wool sales arc off for a fortnight. BRITAIN’S EGG IMPORTS GRADING STATION OPENED. (Rec. October 31, 11.35 p.m.) ♦ London, October 31. The Minister of Agriculture, opening Britain’s first egg grading packing .station at Gloucester, claimed to be the most up-to-date in Europe, hoped that there would be a hundred stations in 1929. The home production of eggs had increased 70 per cent, since before the war. Nevertheless Britain imported three thousand million eggs annually. TALLOW MARKET Messrs. Dalgety and Co. have received the following cabled report from London, dated October 31:—“Tallow market quiet and unchanged.” LIVE STOCK SALES WESTFIELD By Telegraph.—Press Association. Auckland, October 31. At Westfield there was an average yarding of ox beef which sold under steady competition at prices on a par with last week’s rates. Lighter sorts especially were very linn. One truck of bullocks realised £l6 15s. to £l7 12s. 6<1., another realised £l5 12s. Gd. to £l6 12s. 6d. Fat cows and heifers came forward in less than average numbers and were very firm at last week’s rates. Young cows and heifers realised £lO 10s. to £ll, lighter sorts £2 ss. to £9 10s., extra choice ox sold to 455. per 1001 b., prime young cow and heifer beef 40s. Sheep.—An average yarding of sheep came forward, for which prices showed a decline on last week’s rates. Extra heavy prime wethers (woolly) made 41s. Gd., shorn 355.; heavy prime woolly 38s. 9d„ shorn 335. 3d.; medium shorn 305.; heavy prime ewes (woolly) 355.. shorn 2Gs. Gd.; lighter woolly 305., shorn 235. Gd.; other ewes, woollv 255., shorn 225. Gd. Lambs.—More than an average yarding of spring lambs came forward, which sold on a par with last week’s prices. Heavy prime lambs made 295. OJd., medium 28s. Gd.. light 245. Calves wore "cn”od in average numbers and su’d readily under good competition. Heavy ven’ers made £4 Bs. to £5 65.. medium £3 10s. to £4 65.. I'ght £2 10s. to £3 75., rough 20s. to 40s. • Pigs.—Prices for porkers remained firm, with the demand for bnconers rather limited. Heavv bnconers m-'le £3 to £3 65., medium £2 14s. to £2 18s., light £2 10s. to £2 135.; heavy porkers. £2 Bs. to £2 125.. medium £2 4s. to £2 75.. light £2 to £2 3s.

MASTERTON. Tbe New Zealand Farmers’ Co-operative Distributing Company, Ltd., report having held tlieir supplementary cattle tair in tlieir Colombo Hoad yards at Masterton on Wednesday. They had a total yarding ol 440 station-bred cattle, which were offered to a good attendance of buyers from ail parts of the Wairarapa and Feilding districts. Competition was keen for all lines, with the exception of fat cows and heifers, which showed an easing tendency. In spite of the inclemency of the weather we were successful in disposing of our whole entry at auction at the following prices: Bat cows and heifers, £9 15s. to £ll 7s. 6d.; fat bullocks, £l3 17s. to £l5 Ids. ; 4-year bullocks. £l2 Ils. tod £l2 135.; 3-year P.A. and Hereford steers, £lO to £ll lbs., 2-year steers, £8 7s. to £9 P.A. and Hereford heifers (small). £7 to £7 145.; yearling P.A. steers (good), £* to £7 95.; smaller do,, £5 to £6 7s. Gd.’, yearling heifers (small), £4 7s. Gd. to £.»: cows and calves, £9 10s. to £10: forward store cows. £6 to £7 10s.; store cows, £3 to £4 55.; fat shorn ewes, 255.; woolly ewes and b.f. lambs. 455.; forward woolly ewes, 285.; small m.s. hoggets, 275. 9d.; pigs, good weaners, 20s. to 24 s. The New Zealand Loan and Mercantile Agency Company Limited report that at the Levin yards on Tuesday they ottered a medium entry of cattle and a full yarding of pigs to a good attendance. Competition was brisk, and a total clearance was made under the hammer at the following prices:—Fat cows, £9 10s. to £l- - fat heifers, £ll 55.: forward condition cows. £5 to £5 Gs.; good shorthorn yearling steers, £6 to £8 Is.; medium yearling heifers. £3 15s. to £5; springing cows, £8 10s. to £l5 55.; cows in milk (poor quality). £G to £9 12s. Gd.; good dairy bulls, £6 10s. to £1- as.: bulls. £3 10s. to £8 10s.; porkers, £- to £2 9s. Gd.; good stores, 30s. to 375.: small stores. 21s. V>d. to 265.; weaners, 13s. to 20s. Gd. WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS AND PRICES Sales of Commercial Bank of Australia at 30s. 5(1. and Wilson's Cement at 40s. -il. were reported at the morning call yesterday, and the sales reported at the afternoon call were Lank of New Zealand at 61s. 4(1. and fils. 6d. (two parcels), and National Insurance at 16s. 11(1. Government stocks were steady and unchanged, tlib 4J per cents, at and the 5) per cents, at £lOl os. New Zealand Breweries (bouds) were wanted at Bank shares were quiet. There were blds of £7 Is. for National Bank ot NewZealand. 61s. 4d. for Bank of New Zealand and £l5 ss. for Union Bank. Sellers quoted 30s. 6d. for Commercial Bank ot Australia, £8 18s. for English, Scottish, and Australian Bank. £l9 Bs. Gd. for National Bank of Australasia, £lO paid, and £9 14s. for £5 paid. Financial shares were steady. Goldsbrougli Mort and Co. were wanted at 51s. ■ New Zealand and River I late at 325.. New Zealand Investment at 9s. Gd.. Wellington Investment at 10s. 8(1.. and Wellington- Trust and Loan at £6 18s. Insurance shares were it) good demand, with buyers of National Insurance 16s 9d., New Zealand Insurance at 455. 6d.. and South British Insurance at 03s. 0(1. Christchurch Gas shares were firm at 255. 3d., and Wellington Meat Export at 12s Gd. There Were buyers of HuddartParker at 475. 9(1., Union Steam at 20s. 6d., and P. and P. and O. deferred stock at 555, 3d. Woollen shares were in fair demand. Mosgiel Woollen were wanted at £7 55.. and Wellington Woollen, ordinary at £6 175., and preference at 18s. . , There wore buyers of New Zealand Breweries at 545. 3d.. Burns-Philp, and Co. at 445. Gd., Electrolytic Zinc, ordinary at 325. 9d.. preference at 345.. Newton King, preference nt 7s. 4(1., New Zealand Drug at 695. 9(1.. Wairarapa Farmers' at Ils. Gd. and Wilson's Cement nt 40s. Yesterday’s buying and selling quota-

SALES IN OTHER CENTRES By Telegraph.—Press Association. Auckland, November 1. Sales: Union Bank of Australia, £l5 75.; South British Insurance, 635.; Renown Collieries (ord.), 165.. 16s. 3d.; West-port-Stockton, 3s. 5d.; Checker Taxicab, Bs. Christchurch, November 1. Sales: Commercial Bank of Australia, 30s. 2d.; Bank of New Zealand, 61s. 6d.; New Zealand Breweries, 545. 9d.; Beath and Co., 365. 6d.; Electro Zinc (pref.), 345. 3d., 345. 4d.; Mahakipawa, Is. 4d. (eight parcels); Colonial Sugar, £63; Victoria Nyanza Sugar, 435. 9d. COMPANY ACTIVITIES BRUCE WOOLLEN COMPANY The Bruce Woollen Manufacturing Co., Ltd., has had an unfortunate experience, for out of its restricted net profit for the year as at September 19 lust, it has been obliged to write off £3994, for, as a result of trading extending oier a number of years, a customer had become so heavily indebted to the company that on winding up his business, the account showed a debit for the amount named. The gross profit for the year was £26,098, of which £13,730 was absorbed by interest, discounts, commission, etc., and £5089 went in working expenses, maintenance, etc., leaving the net profit at £7279, which with £39 brought, forward from the previous year made available £7318. Out of this £2OOO has been allowed for depreciation ot plant and £3994 written off as accrued bad debt, leaving a balance of £1324. The paid-up capital of the company, including calls paid in advance on shares not vet allotted (£8350), is shown in the balance-sheet at £127.211. of which £lOO.OOO is in ordinary shares of £1 each. The dividend and interest on the preference capital absorbs £1064 and the balance of £259 is- carried forward. ’ The reserves total £17.879 and the loans £88,93-. of which £78.900 represents bank overdraft, and £10.032 deposits. The assets include property and plant, £122.719; stocks. £97 401: book debts. £15.890: and advances on workers’ homes, etc., £4600. The assets total £240.615. SHARLAND & CO., LIMITED The balance-sheet of Sharland and Co., Ltd., for the year ended August 31 shows that the gross profits amounted to The salaries, taxes, discounts, etc. ,al>* sorbed £-10,756. and the sum of £.9Bwas written off for bad debts and £-102 lor depreciation, the three items totallinK £41,056 and leaving the net profit at Xhira was brought forward from

thc previous year £4985, making available £13,200. The dividend of 7 per cent, for the year (21 per eent. of which was paid as an interim dividend) absorbs leaving £4450 to be carried forward. The dividend exceeds tbe net profit by £j3o, but the carry over was large and the directors were apparently justified In declaring tbe usual dividend. The turnover of most wholesale houses suffered a setback during the year—some more than others—and Sharland and Co., Ltd., appear not to have suffered very much in tins respect. Tbe liabilities outside of those to shareholders consist of mortgages £.3,000, and amount owing to bank, open liabilities. etc.. £31.107. The reserve fund stands at £12,000. The assets include stock on hand £96.054, book d(> ts £51,721. plant and fixtures £6832, freehold properties £42.460, and bills receivable and cash £4177. DALGETY AND COMPANY, LIMITED DIVIDEND AND BONUS PROPOSALS. The New Zealand superintendent for Messrs. Dalgety and Company, Ltd., has received advice from the company s head office In London that at the annual meeting to be held on November 15, the directors will recommend declaring a final dividend of 3 per cent., making (with interim dividend already paid) 10 per cent, for the year ended June 30 last, together with a bonus of 7s. per share. Dividend and bonus payable on November -1. The directors propose writing down premises bv £25,000, transferring £25.000 to the staff provident fund, appropriating £.>0.000 for staff- bonus, and carrying forward the sum of £195,300. TARANAKI OIL FIELDS Taranaki Oil Fields Ltd. report for the week ended October 27 as under: — That at Gisborne No. 1 well drilling was suspended and it was decided to leave a 64 in. diameter casing in the well. Ihe cause of the difficulty appeared to be gas at high pressure. Gisborne No. - well was drilled to 1775 feet in shale. lOin. ammeter casing to 1752 feet. Running full time from October 29. BANKRUPTCY PROCEEDINGS FARMER’S LARGE DEFICIENCY. By Telegraph.—x-ress Association. Gisborne, November 1. Janies R. Murphy, a sheepfarmer, has filed a petition in bankruptcy, his statement showing a deficiency of £38,692. The amount owing to unsecured creditors is £39,837. The assets are valued at £1247. The amount owing to secured creditors is £27,659, tins being tbe estimated value of the security. IMPROVED AUCKLAND FIGURES Dominion Special Service. Auckland, November 1. “A noticeable feature of the bankruptcy figures for tills year is that the vast majority of cases bandied by us came from the citv,” said Mr. G. N. Morris, Official Assignee, to-day. “Large areas in the country have provided none at all. I take this as an indication ot an improvement of conditions in the country, which should bo followed by better times in the towns. There were eight bankruptcies in Auckland last month compared with 14 for the previous month. FURRED SKIN SALE WELLINGTON PRICES The combined brokers,, New Zealand Loan and Mercantile Agency Co., Ltd., Messrs. Dalgety and Co. Ltd. and Messrs. Wright, Stephenson, and Co., Ltd., in conjunction with the New Zealand Fur Trappers’ Association, held tlieir ninth and final furred skin sale of the season yesterday. They report: "The quantity offered showed a decided drop on our last, sales, and it is quite obvious that the season is now practically over. Competition for all grades was exceptionally keen, and prices were firm at late rates, and on a par with recent southern sales. Springs and summer grades are selling remarkably well, aud on present prices summer trappings should be a favourable proposition, and we would advise buyers to forward their catches for realisation at Wellington. “The following is the range of prices fgir well-stretched and well “got-up” skins: —Runners and suckers. 25J(1. to 353 d.; summers, 35(1. to 39J(1.; light racks, 491(1.: autumns, 48(1. to 68d.; milky does, 33|d. to 47d.: hareskins, 50.1(1. to 6113.: fawns. 72(1. to Hid.: first winter docs, 122(1. to 1301 d.; winter blacks, to 110 d.; incoming winters. 59d. to 80d.; outgoings, to 80d.; spotted winters, 65(1. to 82d.; late winters, 91(1. to 100(1.; prime bucks. 114 d.; first winter bucks, 105 d. to 114}d. Opossum - Skins. “There was an exceptional demand for opossum skins, all colours, and prices on I lie average wore well up to previous sales rates. Super greys brought up to 18s. 3d., first greys to 17s. Gd.. first blacks to 17s. 9d., first'browns to 13s. lid., super rustys to 14s. lOd.” SOUTHERN CROSS ASSURANCE In the accounts for the ysar ended June 30 last the Southern Cross Assurance Company, Limited, shows that COO proposals for assurance were received, amounting to £1,881,565 (including completed cases from previous year). Of these proposals I°3 were declined or not completed amounting to £67,057. Reassurances represented £48,450, and £oS7B propo. als accepted and completed for £1,<G6.0a7, yielding £69,919 in annual premiums after deduction of reassurances. This is an improvement on the figures of 19-6--7. Claims paid in the ordinary department again show a big decrease, compared J'ith the previous two years and are well within the actuarial expectation. The in crease in funds provides for mojo than the usual 40 per cent, reserve for unexnired premiums. The total, amount of claims paid away in every department since Ihe inception of the company is £125.713. Government and other securities lodged as deposits ’ in,l V„ t ?? n V £l34life assurance acts now anioimt to £134. 650. In the balance-sheet the funds ot the ordinary department appear at £-3., 783. against £203.710 a year earlier, mort ~a"0S on freehold properties £->7,500, Ila bßitv to bank £2L015 deposits £lO 098 In the assets Government se Ernies' appear l at parties - < -- 1 81,994 ontstn n (Un r . £23.887. deferred instalments £-o.BM.an> establishment organisation, etc., £-0-,n • CUSTOMS REVENUE. The Customs roveue collected at the por of Wellington yesterday totalled £13,068. FOREIGN ITEMS PRICES OF METALS. (Australian Press Association.) London, October 30. Copper.-Standard, on K P ot k £ C7 ’ per ton; three months. £6B 6s. in*<iElectrolytic. £73 15s. and £<4 ss. Mire ba T n'n<i e > 7 c->‘’ S; ’s Gd. aud £22 16s. 3(1. Spelter.' £24 Is. 3d. and £24 16s. 3d. Tin £223 3s. 9<l. and £220 16b. Sllver.-Standard, 24 11-10 d. per ounce, fine, 28 3-16 d. THE M’HEAT MARKETS. (Australian Press Assn.-United Service.: (Rec. November 1, 5.5 p.m.) London. October 31. Wheat.—For cargoes demand is quiet, and they are occasionally 3d. per quarter lower. For parcels there is quiet inquiry, at a similar decline. Liverpool futures: December, 9s. 4 3-Bd. per March, 9s. 4 l-Bd.; May, 9s. 4]d. Chicago, October 31. Wheat futures: December, 1 dollar 16 1-8 cents per bushel: March. 1 dollar -1 cents; May, 1 dollar 23} cents. LONDON STOCK EXCHANGE. (Australian Press Assn —United Service i London,-October 31. Bank of New South Wales. £49: Union Bank of Australia. £l5 Is. 3d.: Bank of New Zealand. 4 per cent., £92: Bank of New Zealand, ■ shares, £2 19s. 6d.; Xew Zealand Loan and Mercantile, first mortgage, 4 per cent., debentures. £<4 10s.; New Zealand Loan and Mercantile, ordinary stock. £l2l. AUSTRALIAN PRODUCE MARKETS. By Telegraph.—Press Association. (Roe. November 1, 8.50 p.m.) Sydney, November 1. Wheat, ex trucks, Sydney, 4s. Bd. per bushel, at country stations 4s. Id. Ilour, £l2 per ton. Bran, £6 per ton. Pollard, £6 per ton. Oats, Algerian, 4s. 9d. per bushel, white 4s. 8(1. Onions, Victorlau brown, £lB per ton. silverskins £l6. Potatoes, Tasmanian £8 10s. per ton. Clarence River new £l2. Adelaide, November 1. Whcntgrowers’ lots, 4s. 84(1. to 4s. 9(1. Flour, bakers' lots, £ll 15s. Bran, £6 10s. Bollard. £7 2a. Od. Oatiu iu. sd.

THE ROYAL SHOW DISAPPOINTING WEATHER. FOR FINAL DAY HORSE EVENTS JUDGED Dominion . Special Service. Palmerston North, November 1. Early iu the day the Manawatu A. and I*. Association’s grounds in Palmerston North began to present a lively scene with an ever-increasing attendance of the public, until iu the afternoon there was a record crowd present at the Itoyal Show. The weather, unfortunately, was again very disappointing, frequent showers falling, while the ground was still very muddy as a result of the previous two days’ rain, making conditions underfoot decidedly unpleasant. Once again the programme for the day consisted chiefly of horse events on the Oval, culminating in the grade parade early in the afternoon, when gaily-de-corated animals, winners of various events and representing some ot the highest-class stock in the Dominion, filed on to the ground and liuod up in front of the grandstand. At night there was a very fine military display put on by the Defence authorities in Palmerston North, territorials and cadets marching to the grounds from Coleman headed bv the Municipal Band. The various events put- on by the trainees were excellent iu their entertaining qualities and were watched with great interest bv a large crowd of spectators. Visitors to the show included the Mayor of Wellington (Mr. G. A. Troup) and Wellington city councillors. General Young (Officer Commanding the New Zealand Forces). Mr. R. A. Nimmo. chairman of the Wellington Show Association. Mr. G. 3litchell. manager of the Wellington Show Association, and Mr. W. A. lorns. chairman of the Dairy Produce Board of Control, who were entertained at luncheon by the A. and 1. committee. , It is extremely unfortunate that the weather throughout the show Ims boon anything but favourable, for with anytliinc- like congenial conditions there is no doubt but that there would have been bumper attendances each day. As « was. however, there were remarkably good attendances, and there should be a fairlv large margin of profit, to go ro the Mannwafn A. and P. Association and to the Royal Agricultural Society. PIGS. Special Classes. Two classes in the special pig classes were judged wrongly by the judges and were later re-judged, the amended results being as follow :-Pig. any breed, age or cross, for bacon: W. H. Knight (Kairanga), 1; Cheltenham Co-operative Dairy Company (Makino), 2. Ditto, for pork: Cheltenham Co-operative Dairy Company, 1, E. P. Neilsen (Tiakitahuna), 2. RING EVENTS. (Judge Mr. A. H. Storey (Te Awamutu). Best lady driver: Mrs. T. V. Morrill (Hastings). 1: Miss M. Benton (Milson), 2. Best lady rider: Mrs. W. E. Taylor (Cunningliauis), 1; Miss Audrey Hobson (lakanau). 2. Jumping competition (lady rulers only) • Miss J. M. Stewart (Holcombe) on Gentleman Jack, 1; Miss G. Maher (Palmerston North), on M orknian, -. Ladies and gentlemen's backs: Mrs. A. W. Parsons (Waipukurau), 1: Miss Lsthef Cameron (Hinakura). 2. Dalrymple high jump for horses taking highest jump, commencing at 4 feet: W. J. Waller's (Awapiiui) Riot, 1: J. H. Benton's (Milson) Dainty Step, -. Champion open hunters’ competition ot 50 sovs.: W. 11. Oliver’s (Asliliurst) Gay Willie. 1; Mrs. Hunter’s (Hastings) Black Watch. 2. Pony Jumpi'H. DL (Kakarlki) Do Wet, 1; J. H. Mailers (Awapuni) Riot, 2. HORSES. Additional results of horse judging are as follow: — • . Working Draughts.—Heavy gelding or mare: James '.McCool's (M hakarongo) Pride, 1; Janies McCool’s Betty, -. The champion draught gelding was adjudged to be George Leslie's (Hastings) Look Out, and the McDowell special prize for the best footed horse in this section was won by James McCool’s Pride. The Clydesdale Royal Champion was Moore Hunter s Estate (Ilawera) Sesame, and the reserve champion was McNicol and Company s (Clevedon) Calgowric Jean. The Union Steam Ship Cup, valued at £oo for the best Clvdesdale mare or filly, was won by McNicol and Company's Calgowric Jean. The British Clydesdale Horse Society s medal for the champion stallion was won bv Moore Hunter Estate's Stryver. the reserve champion being A. Tocker s (Featherston) Baron Index. In the saddle horses class the champion hack was adjudged to be Mrs. A. M. Parsons’s (Waipukurau), Veneer. Ladies’ turn out: Miss G. Guthries (Havelock North) Digger, 1; Mrs. F. Edmund’s (Palmerston North) Moonlight. -. Ladies' pony turn out: P. O'Connors (Palmerston North) Entry, 1; ; Mrs. K. Perrin's (Palmerston North) Nugget. In the saddle horses section Miss Esther Cameron (Hinakura) won the first award In the best walking horse class, Mrs. A. B. Martin (Martinborongh) being second. LUNCHEON TO VISITORS FRIENDLY RELATIONS WITH WELLINGTON. Palmerston North, November 1. Speaking at a luncheon tendered by the A and P. Committee to visitors at the Royal Show to-day, the Mayor of M ejlington (Mr. G. A. Troup) expressed the opinion that the time was not far distant when agricultural shows would be accommodated in Wellington, although, he said, such an eventuality would never clash with present agricultural shows. Sir Douglas McLean, president of the Manawatu A. and P. Association, presided at the luncheon and, in proposing the toast of the Mavor and city councillors of Wellington, referred to the friendly feeling that existed between the city and the country. Mr. Troup, replying, expressed himself as delighted wjth the exhibits to be seen at the show. The health of the “Army and Navy,” coupled with the name of General Young, was proposed by Mr. If. A. Couwav, and in replying. General Young paid a tribute to the progress that had been made by the Manawatu A. and P. Association. GOOD GATE RECEIPTS INCREASE ON 1927 FIGURES. Dominion Special Service. Palmerston North, November 1. An increase of £97 12s. Gd. over the three davs of the Royal Show compared with the three days in 1927, is shown iu the final gate returns. The figures for each day, compared with those for 1927 in parenthese; are as follows:—First day. £6B ss. (£37 155.); second day. £564 Is. 9d. (£492 15s. 3d.); third day. £775 3s. 9d. (£779 7s. 9d.). Over 250 ears paid for admittance to the show to-day. ASHBURTON SHOW LIST OF CHAMPIONSHIPS (By Telegraph.—Press Association.) Ashburton. November 1. The Agricultural Show was held in threatening weather. There is a good display of stock in all sections, the entries being the third highest total in 51 years. Championships. Draughts.—Entire: P. Shearer’s Fabricator’s Fame; W. Lctham’s Scottisli Blend (reserve). Dry mare: J, J. Lowery’s May Lourle (reserve). Filly: W. J. Doak. Saddle horse —Miss B. Harper's Challenger. Harness pony—T. Gee’s Pussyfoot. Saddle horse—H. S. S. Kyle’s Fire Belle, Hunter —Miss B. Harper's Challenger. Merino ram, over 16 months—F. Peter. Under 16 months: 11. C. Todhunter (reserve). Ewe, 16 and under 28 mouths: R. C. Todhunter. Ewe, over 16 months: 11. C. Barton (reserve), English Leicester —Ram, over 28 months: J. Reid: J. Bonifaiit (reserve). Ewe, over 28 months.• W. Lethani. Ewe, 16 and under 28 months: W. Botham (reserve). Ewe, under 16 months: W. Letham. Border Leicester—Ram, over 28 months: R. J. Low (reserve). Ram, 16 and under 28 months: S. G. Lemon. Southdown—Ram, under 16 months: J. 11. Grigg (reserve) Ewe, over 28 months: W. and A. Campion (reserve). Ewe, 16 and under 28 months: W. and A. Campion. Shropshire—Ewe, over 28 months: Cochrane Bros. Ewe, over 16 and under 28 months: Cochrane Bros, (reserve). Rycland—Ram, over 16 months: 11. C. B. Withell. Ewe. over 16 months: 11. C. B. witholl and reserve. Shorthorn—Cow and bull: 11. C. Barton. Ayrshire—Bull: W. Omclvena. Jersey—Bull: A. O. Sllcock. J. D. McJarrow (reserve). Cow: A. 0. Silcock. Heifer: H. D. Butterick (reserve). um» <yni sow—J. D. Galeia.

ANIMAL HUSBANDRY NOTES CARE AND MANAGEMENT OF DAIRY HERD BULL (By the Department of Agriculture.)' As improvement in the herd rests to an important extent with the bull, greater care and management of tbe herd bull is necessary than is the case in the country as a whole to-day. Consequently a few points about the care and use of the dairy bull may appropriately be mentioned just now, when the bulls are about to be put in use. The number of cows allotted to a bull naturally varies a great deal, depending on his age and abilities. It often happens that a young sire (twelve mouths) is purchased at the beginning of a season, but in many cases too great a, use is made of him, with disappointing results, Although mature enough in a way, his service should be light for the first season. 12 to 15 cows. If a procedure of this sort is carried out, by the time he is two years old he should be'capable of serving a herd up to fifty cows. , Many farmers train the bull when young to “bail up” like the cow. This is a very handy procedure, as it facilitates handling when it becomes necessary for any reason, The herd sire should have a ring inserted in his nose, be dehorned and always handled with care and never given a chance to learn to use his strength. The remark is often heard that the bull is very quiet, but a large percentage of the accidents which occur are caused by the quiet bulls being-trusted too much. The animal ■ should be so handled that he .recognises the man as his master. At this time of year some dairy farmers are apt to allow the bull to run indiscriminately with the herd. This practice is to be condemned if the best results are to be obtained. He is best kept in a handypaddock close, to the milking shed. The advantages of having the bull separated from the herd are numerous and may mean the difference between a good and a bad season, because if any trouble arises it will be noticed almost immediately, and the necessary steps can be taken to remedy it, whereas if the bull is running with the herd it may go unnoticed for days. YVlicn a cows comes in season she should be taken to the bull, and the common practice of leaving her with him until she has been given two services is quite sufficient, and in this way the bull's service is not wasted nor bis strength unduly drained. A careful note of the date of service should be taken, and in this way the calving dates of the various cows arc always known, whereas if the bull is running with the herd the services are often noted by guesswork, which is very unreliable and may possibly mean the loss of cows at calving time. Care should be taken to see that some shelter from the weather is provided, either by a live hedge or a suitable shed. A good supply of water and feed are essential for the welfare of the animal. Especially during the winter months he should receive a liberal supply of good hay and roots so as to enable him to be in good order for the coming season. The addition of a small amount qf concentrated feed such as crushed oats, bran - or linseed ■ will prove beneficial. Tbe bull should never be over-fat, but in a good thriving condition. The little extra work which is reqnived to keep the bull in a paddock of his own. away from the herd, is well worth while, and is recommended to every dairy farmer, no matter what size his herd may be. The herd sire is often blamed for a lot of the trouble which arises, when, if more care and management on the part of the owner were shown, the ultimate results would, in many cases, be very much better than they are. THE HANDLING OF FAT LAMBS. The handling of fat lambs between the paddock and the killing pen is a considerable factor in maintaining the quality and value of the exported product. The first consideration is to reduce the time of travelling to a minimum, as prime lambs lo'se condition very rapidly, especially in hot or muggy weather, and with loss of condition, the blooiji is not likelv to be as good. It is. therefore, advisable to minimise travelling as much as possible, yarding and loading expeditiously, and forwarding at the time specified bv the freezing works. > i„„,i. Considerable losses occur through lanib carcasses having to be second-graded owing to bruising, which is due to three main causes: (1) Bulling of the wool; U) dogging: and (3) bad trucking. The first results in numerous haemorrhagic spots, usuallv on the back, and detracting much from the appearance of the carcass when ~ dressed. The second often involves severe haemmorhages of the legs, and tometimes the brisket, possibly causing the rejection of the lamb for export. The results of the third item are shown in 10 Regarded' singly, these faults may not cause much loss'to,each individual farmer. perhaps-only cutting off some of the profits, but at the works the large wastage that occurs is seen at a glance bj the r °New f Zealand lamb is now regarded as some of the best in the world, and it behoves the growers to keep up this excellent reputation, aiming at a piime lamb of the Down-cross type, between and 361 b. dressed weight.

tions were as under:— Buyers. Sellers. N.Z. GOVT. LOANS- £ s. d. £ s. d. 4J p.c. Ins. Stk.. 1939 99 0 0 — p.c. ditto, 1938 ... 99 0 0 —- ns p.c. ditto, 1933 ... —— 101 10 0 5J p.c. ditto. 1936 ... —— 10112 6 5} p.c. ditto. 1932 ... —— 99 7 6 41 p.c. Bonds, 1930 and 1939 99 0 0 — « p.c. ditto, 1938 ... 99 2 0 — 51 p.c. ditto. 1933 ...1 .01 5 0 —— 51 p.c. ditto. 1930 ... ' 101 12 6 DEBENTURESN.Z. Breweries (bonds) 14 3 —— BANKS— Commercial of Aust. .—- 1 10 0 English, Scottish, and . 8 IS 0 National of N.Z 7 10 7 3 0 National of Australasia (£10) 19 <S 6 Ditto (£5) — 9 14 0 New Zealand 3 14 3 19 Union of Aust 15 5 0 —- FINANCIAL— Goldsbrough Mort ... 2 11 0 —— N.Z. Invest., Mortgage, and Deposit 0 9 6 ——■ N.Z. and River Plate 1 12 0 —- Wellington Investment 0 10 8 — Well. Trust and Loan 6 18 0 —— GAS— 15 3 ■ INSURANCE— 0 16 9 0 17 1 New Zealand 2 5 6 South British 3 3 9 — MEAT PRESERVINGCl cn r ■ 2 4 0 N.Z. Refrigerat. (10s.) — 2 4 0 Well Meat Exp. (ord.) 0 12 6 — TRANSPORT— Huddart-Parker (ord.) 2 7 9 —- Union Steam (prof.) . 1 0 t! — P. and 0. def. stock . 2 15 3 2 17 0 WOOLLEN— Kaiapol (ord.) 0 13 3 —— Mosgiel 7 5 0 —— Wellington (ord.) .... 6 17 0 —- Ditto (pref.) 6 18 0 —— COAL— Westport — 1 10 c , 1 0 13 6 TIMBER— - 0 11 0 Leyland-O’Brien .... — 1 15 C BREWERIES— New Zealand 2 14 3 2 15 0 Staples and Co — 2 0 3 MISCELLANEOUS— Burns, Philp 2 4 6 —— Electrolytic Zinc (ord.) 1 12 9 ——■ Ditto (pref.) 1 14 0 —- . Newton King (pref.) .074 —- N.Z. Drug Co 3 9 9 3 11 0 Wairarapa Farmers’ 0 11 6 Wilson’s Cement .... 2 0 0 2 0 0