Farm and Commercial Section

Dominion, Volume 22, Issue 225, 19 June 1929, Page 14

Farm and Commercial Section

LATEST REPORTS from ALL CENTRES

AUCTION SALES

• TO-DAY.

14 Brandon Street, 2.30 p.m.—Sale of 4roomed dwelling, Lower Hutt (H. E. Leighton). 37 Panama Street, 2.30 p.m.—Sale of land, Miramar (Finch, Webster, and Oswin). Dominion Farmers’ Institute, 2.30 p.m.— Sale of land and properties, Island . Bay Andrews apd Roberts). 8 Willeston Street, 10.30 a.m.—Sale of unclaimed cargo (E. Johnston and Co.) Corner Brandon and Featherston Streets, 2.30 p.m.—Sale of properties, Hataitai, Austin Street, Etc. (J. H. Bethune and’Co.) Corner Brandon and Featherston Streets, 2.30 p.m.—Sale of business sites (J. H. Bethune and Co.) TO-MORROW.

Cosy De Luxe Theatre, Hastings.—Sale of Karamu Estate (Hoadley, Son, and Stewart). Upper Hutt.—Stock sale. Aokautere Farm, Ashhurst, 11.30 a.m.— Clearing sale (A. and W., Ltd., and Dalgety and Co., Ltd.)

WOOL PRICES

LOWER IN LONDON

Dominion Special Service.

Dunedin, June 17.

The latest wool sales reports from London confirm the belief that New Zealand growers who elected to sell their wool in the land of its origin have fared better than their neighbours, who preferred to ship to England and take the chance of the market there from the first of the season. Such has been the experience, and it is now more pronounced than at any time. Reckoning in the costs of transit, the prices obtained in London have been right through lower than those procured In New Zealand. There is also the consideration — of no small consequence to growers—that by selling in New Zealand the returns are quicker.

THE PRODUCE MARKETS

BUTTER AND CHEESE

Amalgamated Dairies, Ltd., have received the following market report from their London office,, dated June 15:— Butter—Market dead quiet, no demand. Finest generally 1705., few sales slightly less. Danish 1725. spot, 184 s. f.o.b. Deliveries New Zealand 626 tons, stock 8764. Retails unchanged. Cheese.—White 925., coloured 945. Market quiet. June Canadians quoted 945. 6d. c.lf., mostly taken American grinders. No buyers London. Retail unchanged.

BRADFORD TOPS MARKET

Australian Press Association. Itondon, June 17.

The Bradford tops market is unchanged. Prices are maintained, but without business. Low crossbreds are very firm, with slightly more inquiry.

SYDNEY WOOL SALES

By Telegraph.—Press Association. (Rec. June 17, 9.45 p.m.) Sydney, June 17. The wool sales were resumed to-day. The market was on a par with May closing rates for good quality fleece wools, but irregular for medium and mixed. Greasy merino brought to 204 d. per lb. (Rec. June 18, 9.35 p.m.) Sydney, June 18. At the wool sales 8123 bales were sold. There was strong demand from Continental and Yorkshire buyers. The -market showed no change. Greasy Merino brought to 20d. per lb.

CRUTCHINGS SALE

BIDDING KEEN, COMPETITION GENERAL.

The first crutehings sale o£ the season was held in Wellington yesterday, with a total offering of 2710 bales. There was a large and fully representative attendance of buyers. , .. . Messrs. Levin and Company report that the offering consisted mainly of crutehings, and there were a few parcels of fleece wool; the latter mostly comprised the straggler portion of clips, but not enough to warrant special quotations, also a small quantity of scouring wools. Bidding was keen, all sections of the trade competing freely for their various requirements, and the firm quitted the whole of their offering, with the exception of a few odd lots. Japanese buyers, Australian mills, and local mills secured the larger proportion of the best crutehings, and local scourers and fellmongers competed freely to procure their usual winter requirements. Merino and. halfbred crutehings were in short supply—in fact, not sufficient to give reliable quotations. Notwithstanding the weaker tone in the markets of the world and''the lower prices ruling In London at the May sales, superior lots of crossbred crutehings sold at 12jd. to 13}d., but the bulk of the offering, free from seed, sold at about 10id. to 12id., whilst! slightly seedv and inferior sorts realised from bd. to 93d., and shabby and very seedy lots at 4d. to 7id., according to the amount of seed showing. — . , . Following is the official range of prices:- (L d Merino crutehings 8} to 10| Halfbred crutehings 8i to Hi Crossbred crutehings, superior lit to 131 Do., medium/good ••••••• to 1-i Crutehings, seedy & inferior .. - to 9| Crossbred pieces and bellies .. 7 to isj Leeks and stained pieces 4i to 7j Messrs. Wright. Stephenson and ’ Co., Ltd., in conjunction with Abraham and Williams, Ltd., reportlncluded in our catalogue were several bright clean lots of crutehings, particularly from the Walrarapa district, and these fetched very good prices. Some of our best lots were: —Ncakonul, 9 bales nt 12}d., 8 bales at Bid.; Korepo, 3 bales at 12Jd.; JS/S9, 2 bales at 121 d.; Waimana, 2 bales at 12Jd.; MPC, 1 bale kt 12id.; Bywell 2 bales at 12id.; ABM/Waltawa, 3 bides at 12d.; Summerhill, 5 bales at 12d.; B & Co/Oporae, 3 bales at Hid.; K Bros., 6 bales at IOJd.; JF/Rosebank, 4 bales at 10}d.; Patukawa, 1 bale at lid.; Katatane, 3 bales at lid.: Lockwood, 3 bales at 10}d.; Rl/ AHR, 2 bales at Hid.; OAC, 2 bales at lljd.; RD/K. 1 bale at llid.i MTC, 1 bale at Hid.; W In circle, 1 bale at Hid.; HPH/Waratah, 1 bale at Hid.; HJC/ Opaki, 1 bale at Hid. The New Zealand Farmers’ Co-operative Distributing Company, Ltd., report:—“We submitted a catalogue of about 300 bales, wihcli ineluded some exceptionally good lots of crutehings with a few lots of fleece wool, seedy lambs and oddments. Our principal realisations were as follow:— Super Crutehings: JHD/Ngatawa, 13Jd.; Matatua, 13{d.; Awatea, 12id.; Sandyford, 121 d.; RFM/MV, 121 d.; Link, 12d.; GEO/T. 12d.; Piiketiri, 12d.; WC/Rarohiwl, 12d. Good crutehings: A/Hiwi, 113 d.; 800, lljd.; Tinui, H?d.: Kamano, HJd.; Flag Creek, HJd.; Pungaiwl, HJd.; Co-op HJd.; Hare, Hid.; Braemar/L, Hid.; Wharepaku, Hid.; Various, Hid.; OHD/Wairiki, Hid - BAB/NA. Hid.; Dochroyle, Hid.; AR/Pukenui, lid.; HB/Terrace, IOJd.; Kotuku, 104 d.; Myani, 101 d.; Matauia, 10id. Medium 'crutehings. BJd. to Oid. Lambs’ erutchlngs, 7d. to lOd. Seedy and inferior, 8d to 83d. Heavy seedy, 4d. to fid. Dead wool, lOd. to 14d. Fleece, Hid. to 13{d Seedy fleece, 83d. to Aid.” Messrs. Murray, Roberts and Co., Ltd., report:—“We offered 435 bales of wool, consisting principally of crutehings, and sold the following lots:—Te Horoa, Bd.; Glendonald. A 13id . B: B}d.; .TS/Tunapo Bd.; A/Akttlo, sup. A 133 d., B 81d.; S and Sons/Parorangi, 93 d.: Wakarua, A Hid.. B 8d ; Kaikuri, Old.; TAU, 124 d.: Ruawaka/MR. 93d.; Birch Hill, Hid.: JP/Te Whit! Hid.; Abbotsford, Hid. Various: Te Horoa. AGM. Onawe .Glenathol, 1/7 C. A McL /Otanga. LDD. 5/AMS. 12d.: DFF/ Wangaehu, CR/Tikaramonga, Laarsund, JH/T .TSP. H over DV/M, Deepdene, Hid.: Kaikuri, WS/Waihlnga, Laarsund, Onawe. CC/C, JH/Seavlew, Glenathol, C.T/Wai. Old Messrs. Dalgety and Company. Limited, report:—“We offered a catalogue of over

400 bales, and sold practically all under the hammer. The top price for crossbred super crutchings, light conditioned, was isid., medium lines making from lOd. to lid. Inferior and seedy lots from 4d. to 84d Local scourers were well in the market for medium seedy lots, and these sold fairly well. Very seedy lots also met good competition from the same source Bradford and the Continent bought the small portion of fleece wool that was offered, prices being well up to London parity. We offered a fair quan--titv of merino and halfbred crutchings, also eve clips principally from the Marlborough district, and these brought fairly good prices. The sale generally was very sound, prices all through being above brokers’ ideas of values. The following are some of our principal realisations:— Crutchings: 3 bales Hb/Ngawaka, 1-jd., 4 Kin diamond/Tikltapu, 12}d.; 6 Whare--s°*Vlnegiass B, n Bd°; ’ 4 9 &D/Ma d tuku? t 9d°; d 4 triangle in circle/WCT, Bid.;, 6 JW/Raka114(1 •' 3 DHR, Hid-: 3 WRW/Heart. 12d ; 6 Manston, 7id ; %Clunyhill 8 ’ 12d.; 6 8 Vvt toru/Cffiver 3d ; 2 , B rev E/E, 7id.; 3 XHW, 6jd.; 3 Muteroa, Hjd.; 4 Makapua, Bd.”

LIVE STOCK SALES

manawatu sales __

Messrs. Dalgety and Company Ltd. report on the sales of the past week as ""There was a good yarding of both sheep and cattle at their Ashhurst sale on Wednesday Keen competition resulted for both sheep and cattle, and dairy stock met with an exceptionally keen demand. Quotations: Wf. wether lambs, 20s. 2d., 20s. 6d ; aged ewes r.w. S.D. rams, 235„ 255.; m a ewes r.w. S.D. rams, 345. lOd.; 4 and 5-year ewes r.w. S.D.R., 28s. Id.; fat and forward ewes, 18s.; fat ewes. 255.; Jerseycross heifers r.w.b. In line, £8 Ils.; springing dairy cows, £9 155., £ll 10s„ £l2, £l2 10s., £l4, to £l4 55.; springing heifers, £l4; fat cows, £6, £6 10s., £6 155., to £7 12s. 6d.; empty cows, £3 195., £4, £4 10s., to £5. , f There was a successful clearing sale of dairy stock held on account of Mr. H. Maul, Siberia, Ashhurst, on Tuesday. There was a large attendance of buyers and keen competition resulted, the herd, including a number of late calvers, realising the satisfactory average of £l4. The following were the prices realisedßest cows £l3, £l3 10s„ £l4, £l5, £l5 10s., £l6, £l7, £l7 10s., £lB, £l9; late calvers, £9, £9 10s., £10; three-quarter cows, £6, £7 10s., £8; empty cows in milk, £5 155., £7 10s., £B, to £8 10s.; Jersey springing heifers, £ll, £l3 10s., £l5; Jersey bull, £8 55.; eight-year draught mare, £3B 10s.; seven-year draught mare, £25; aged draught mare, £l7; roller, £8 10s.; discs, £6; plough, £9 10s.; spring dray, £l5 10s. There was a very fair yarding of both fat and store sheep at their Feilding sale on Friday. There was very fair competition throughout, and' practically all lines changed hands. A very heavy yarding of dairy stock came forward, and a fair entry of store cattle, dairy stock meeting with only a fair demand. Prices were a little easier than last week’s rates. Quotations: Fat lambs, 245. Id., 245. 7d., 275. 4d., 275. 6d, 305.; fat ewes, 225. 10d., 235. 3d., 245„ 255. 2d., 265.; fat wethers, 30s. 2d.; ewe lambs, 235. Bd. to 265.; wether lambs, 245. fid.: two-tooth wethers, 325„ 325. 7d.; six-tooth wethers, 30s. 9d.; empty ewes, 15s. 3d.; springing heifers, £B, £8 10s., £9, £9 10s., £lO 10s.; springing cows, £B, £9, £0 10s., £lO 10s., to £11; empty cows, £4 55., £4 7s. 6d„ £4 155.; fat cows, £5 10s„ £6 10s., £7, to £7 10s.; fat bullocks, £l2 ss. CLEARING SALE AT LEVIN. The New Zealand Loan and Mercantile Agency Company, Ltd., report that on June 12 they held a very successful clearing sale for Mr. C. H. Cottle at Levin. Despite the very wet day there was a big attendance ofthe public and a complete clearance was effected at enhanced prices. The sheep sold particularly well, every pen showing an Increase over recent sales, and the dairy herd and young stock met with a ready sale. Prices realised were as follow:— Unregistered Southdown sheep, 2-tooth ewes, 3|gns.; 46 f.m. ewes, 3gns. and 3} gns.; aged ewes, If to Signs.; ram lambs, 21 to 4gns.; m.a. ewes, in lamb to Southdown, 335.; m.a. ewes, in lamb to Romney, 345. 3d.; small 2-tooth wethers, 30s. Id.; wether hoggets, 245. 2d.; Romney rams, Ign. Dairy cows ranged from £ll 10s. to £l6 55., the herd averaging approximately £l3; spring calving heifers, £7 155., £lO 2s. 6d., and £lO ss. to £lO 10s. A line of bulls ranging from weaners to yearlings sold at £3 16s. Small weaner steers, £3 2s. Sundries brought full market value. WAIKANAE. The Loan and Mercantile Agency Company, Ltd., report that at their monthly stock sale held at Waikanae on June 13 they offered a medium entry of both sheep and cattle, and with the exception of one pen of cattle, a clearance was made at the following prices:—Good 2 and 4-tooth wethers, 335. Id.; medium ditto, 28s. 3d. to 315.; forward conditiop ewes, 215.; medium b.f. lambs, 235. 4d.; small lambs, 16s. 2d. to 18s. Id.; weaner steers, £3 165.; forward condition cows, £4 4s. to £5; bull, £3 10s.; medium dairy cows, £7 10s. to . £lO. CLEARING SALE AT OHAKEA. Messrs. Dalgety and Co., Ltd., report having held a successful clearing sale on account of Mrs. G. H. Harris, Ohakea, on Monday. There was a particularly large attendance of buyers and competition throughout the day was exceptionally keen. The cows and heifers, quite a number of which were well Into the Jersey, came forward in good condition and the following are prices realised:—Backward calvers, £8 10s. to £l3; July and August calvers, £l4 to £3O; backward heifers, £7 10s. to £9; September calvers. £lO to £l3. The 83 cows offered averaged £l5. Weaner heifers. £2 7s. to £5 2s. 6d.. empty cows. £5 to £7 55.; bulls, £5 15s. to £8; two-year-old half-draught fillies, £lO to £l4; two-year-old half-draught gelding, £11; three-year-old draught filly, £2l. three-year draught gelding, £l6 10s.: seven-year unbroken draught gelding, £l9: aged mare, £6 10s.; weaner pigs, Bs.. 135.. porkers, 305., 395.; sows to farrow, 30s. to £4 10s.; dray. £ll 10s.; drill, £4O; plough, £10; woolpress, £l6 10s.; two-stand Wolseley shearing plant, £4O 10s.; tractor, £9O. WELLINGTON STOCK EXCHANGE YESTERDAY’S BUSINESS AND PRICES Yesterday the following sales were reported on the Wellington Stock Exchange:— £ s. d. Bank of New Zealand (4 parcels) 3 3 3 National Insurance (2 parcels) .. 016 3. South British Insurance 3 6 3 N.Z. Breweries, 755. and 3 15 6 Government securities were in fair demand and steady. The 4} per cents. (1938) were wanted at £99 155.. the 5| per cents. (1941) at £99 os., and 5J per cents. (1936) at £lOl 10s. Local body debentures were freelv offered. There were sellers of Auckland Harbour Board 4 per cents. C1936)’ at £92. New Plymouth Harbour Board 5 per cents. (1939) at £97, Otago Harbour Board 44 per cents. (1934). at £96. and New Plymouth Borough 5| per cents, at £99. Wellington Gas debentures were in demand at £lOO. Bank shares were slow. There were bids nf £8 7s. 6d. for English. Scottish and Australian Bank, £7 Is. 9(1. tor National Bank of New Zealand. £l9 9s. for National Bank of Australasia £lO paid, £al _s. 6d. for Bank of New South Wales, 28s. 9d. for Bank of New Zealand long term, and £lo 15s for Union Bank. There were sellers of Bank of Australasia at £l4 16s. 6d„ Australian Bank of Commerce at 375„ Commercial Bank at 30s. 4d.. and Commereffil Bank of Sydney at £27 10s. . A small demand existed for financial shares with buyers of National Mortgage at 49s cum. dividend. New Zealand Guar antee Corporation at 9s. 9d Wellington Trust and Loan at £7. and New Zealand Investment at 9s. 9d. National Insurance were wanted at 16s. 3d., South British Insurance at 665., and Christchurch Gas at '°rinnr d 'Meat shares were linn at 425. 9d„ and ea New Zealand 20s. paid tt 16s "and 10s. jaid at 7s. 4d. There were buyers of Huddart-Parker preference H “Is Union Steam at 20s. 6d„ Westport Coni at 34s 6d., Crown Brewery at 7s. 9d.. New Zealand Breweries at 755.. Staples and Co at 48s” M- British Tobacco at 495., National Electric at 9s. 3d., Newton King

at 9s. 3d., Wairarapa Farmers’ at 14«. 9d., Wilson'i Cement at 41s. 6d„ and Were’s Investment Trust at 6s.

SALES IN OTHER CENTRES By Telegraph.—Press Association.

Auckland, June 18.

Sales.—Australian Bank of Commerce, 365. 7Jd.; National Bank of Australasia (con.), £9 Ils. 9d., £9 Hs. ,9d.; South British Insurance, 6tis. 3d.; National Mortgage and Agency, 88s. M.; G re y_J a ’*®X Coal, 235. 3d.; Huddart-Parker. 4os. 3d.; Sanford, Limited, 18s. 6d.; Victoria Nyanza Sugar. 465.; Whittome Stevenson, 475., Wilson’s Cement, 41s. 9d.; Mount Lyell, 4_s. 3d. Christchurch. June 18.

Sales.—Australian Bank of Commerce, 365. 7d. (five parcels); Commercial Bank of Australia. 30s. 2d.; Bank of New Zealand, 635. Id.; National Insurance, 14s._4d. (live parcels), 16s. 3d. (three parcels), Goldsbrough Mort (cum. div.). . 4 ~’’ New Zealand Refrigerating (10s. paid), 7s. 6d.: New Zealand Breweries, 7as. (two parcels), 755. 3d. (three parcels), 755. 4d. .nine narcels): British Tobacco (cum. div.), 495.; Beath and Co. (Is. paid), Bs. 7d.: Mahakipawa, 8d„ 74d. (two parcels); Winding Creek (6d. paid). Is. 35d., is. 4d. (three Pa Sale S) ‘ Reported.—Commercial Bank (pref.), £7 9s. 6d. Dunedin, Juno 18. Sales Reported.—Bank of Australasia, £l4 14s 6d.; New Zealand Breweries shares, 745., 755., 755. 6d.; Goldsbrough Mort. 50s, 6d. (two).

COMPANY ACTIVITIES

GOLDSBROUGH, MORT

The balance-sheet of Goldsbrough Mort, Ltd., for the year ended March 31 discloses a net profit of £338.609, which contrasts with £331,466 for the previous year and £329,043 for the 1926-27 period. There was brought forward Si-O’ra. Tie dividend of 10 per cent, absorbs £-00,000 and the bonus of 5 per cent. £lOO,OOO, the sum of £20,000 is added to the reserve fund as against £12,500 last year; £5O 000 is added to the provident fund, as against £5OOO and £119,281 is carried forward. The gross profit wAs £914,201 against £889.059. The capital of the company is £° 000 000. Debenture stock A stands at £846,685, and debenture stock B at £581157 The reserve funds amount to £1745 000 against £1,732,500, and sundry creditors £1198,755 against £877,94| The assets include cash and deposits £391.-60 against £765.120: Government and other securities £271.562 against £155.482; advances £5,031.220 against £4.445,216: properties and stock £237.329 against £-38.041- premises £581,614 against £->.>3,074, shares £56 463 against £35 363; other assets £78,379 against £79,185 accrued interest on investments against £9346: and bills receivable £54,13- agalnst £46 467 The report points out that the wooi market opened at the end of September on a basis-of 5 per cent, below the closing rates of the Previous season . and the level of values was well maintained nn to the end of December. In the new "ear the market turned, declining with the progress of sales, and the general all round average to-day is at lea B *- P er cent, below opening rates. The compan' handled during the 1028 '29 8 « bales cf wool, against 304,-14 bales uur ing tlie previous season. FOREIGN ITEMS APPLE MARKETS. Australian Press Association. London, June 17. The Rangltiki’s New Zealand apples, Sturmers and Doughertys, fetched from 16s. 18 s - Hamburg, June 17. The apple market is firmer, as supplies are smaller. About 14,000 cases of remainders from recent steamer shipments realised: West Australian, Cleopatras 17s. 6d. to 215., Dunns 16s. 6d. to 225. 6<l. ; Tasmanian Cleopatras 13s. 9d. to 16s. 9d., J” Da U’ a " B 10s 9d. to 15s. 6d., Sturmers Ils. 9d. to 15s. 9d. CHICAGO WHEAT QUOTATICfNS. Australian Press Association Chicago, June 17. Wheat Futures.—July, 1 dollar 5} cents per bushel; September, 1 dollar 10 1-8 cents; December. 1 dollar 15 1-8 cents. AUSTRALIAN LOANS IN NEW YORK. Australian Press Association New York, June 17. Commonwealth 5 per cent., 1955, 95. 1957 94J: 4J per cent., 86 3-8. New South Wales, 5 per cent., 1957, no sales; 1958, 914. Queensland, 6 per cent., 102 J; 7 per cent., no sale. BRITISH-AMERICAN TIN CORPORATION. (United Service.) London, June 16. A British-American Tin Corporation, with a capital of a million sterling, is being formed to operate and deal in tin and carry on business as financiers and explorers. PRICES OF METALS. Australian Press Association (Rec. June 18, 9 p.m.) London, June 17. Copper.—Standard, on spot £75 3s. Ud.. forward delivery £74 16s. 10}d.; electrolytic, £B4 ss. and £B4 10s.; wire bars, £B4 10s. Load, £23 13s. 9d. in both positions. Spelter, £26 Is. 3d. and £25 18s. Ijd. Tin. £2Ol Is. 3d. and £204 6s. 3d. Silver.—Standard, 24 7-16 d. per ounce; fine, 26 3-Bd. CUSTOMS REVENUE. The Customs revenue collected at the port of Wellington yesterday totalled £17,825.

Yesterday’s buying and selling quotaBuyers. Sellers. N.Z. GOVT. LOANS— £ s. d. £ s. d. 44 p.c. Ins. Stk., 1939 100 0 0 44 p.c. ditto, 1938 ... >9 15 0 100 0 0 5i p.c. ditto, 1941 ... )9 5 0 1 ■ 6 p.c. ditto, 1930 ... —— 99 10 0 4| p.c. Bonds, 1938 .. » 15 0 —— 44 p.c. ditto, 1930 ... —— 99 2 6 5 p.c. ditto, 1930 ... — 99 12 6 54 p.c. ditto, 1936 ... 101 10 0 DEBENTURES— Wellington Gas Co. . 100 0 0 — Auckland Harb. Bd., 4 p Ca 1030 - #2 0 0 New Plymouth Harb. Board, 5 p.c., 1939 . *T • 0 Otago Harbour Bd., 44 P.c., 1934 ■ I.'" 96 0 0 New Plymouth Borough, 5J p.c., 1933 — 09 0 0 N.Z. Breweries (stock) 1 5 0 Ditto (bonds) ■— 1 4 3 BANKS— ■ 14 16 6 Australian Bank of ■ . ■ 1 17 0 Commercial of Aust. (ord.) 1 10 4 Ditto (new) — 0 19 3 Commercial Banking Co. (Sydney) —- 27 10 0 English, Scottish, and S 7 6 1 ■ — National of N.Z 7 1 9 — National of Australasia (£10) 19 9 0 19 12 0 Ditto (£5) —— 9 11 9 New South Wales ... 51 2 6 — New Zealand — 3 3 3 Ditto, long term 1 8 9 — Union of Australia .. 15 15 0 15 16 6 Ditto (Melbourne re15 17 0 FINANCIAL— Dalgety and Co —— l«j 3 3 Goldsbrough Mort .. ~~ 2 11 0 National Mortgage .. 4 9 0 — N.Z. Guarantee Corp. 0 9 9 0 10 0 N.Z. Invest., Mortgage, and Deposit 0 9 9 —— Well. Trust and Loan 7 0 0 — Auckland (contrib.) .. —; 0 18 10 1 6 10 ■ — INSURANCE— 0 16 3 0 16 6 South British 3 6 0 — MEAT PRESERVING— Gear 2 2 9 —— N.Z. Refrigerat. (£1) 0 16 0 — Ditto (10s.) 0 7 4 — TRANSPORT— Huddart, Parker (ord. 2 6 0 Ditto (pref.) 1 1 o —— Union Steam (pref.).. 1 0 6 — WOOLLEN— Kalapol (pref.) —— 0 16 9 Wellington (ord.) ... 7 6 0 COAL— Westport 1 14 6 — TIMBER— 1 0 0 Leyland-O’Brien • ••« —— 1 13 0 National — 0 9 0 BREWERIES— Crown New Zealand 0 7 3 15 9 0 3 15 6 Staples and Co 2 8 9 —■ MISCELLANEOUS— , British Tobacco (Aust.] (ord.) Burns, Philp, and Co. 2 9 0 2 5 0 Colonial Sugar — 58 5 0 Dental and Medical .. — 0 11 0 Electrolytic Zinc (ord.) —— 1 10 1 Ditto (pref.) ——- 1 17 0 National Electric .... 0 9 3 Newton King (pref.) 0 9 3 N.Z. Paper Mills .... — 1 0 3 Wairarapa Farmers’ 0 14 9 WiTson’s Cement .... 2 1 6 — Were’s Investment .. 0 6 0 —