FARMING AND COMMERCIAL

Manawatu Standard, Volume LIII, Issue 248, 16 September 1933, Page 5

FARMING AND COMMERCIAL

DAIRY PRODUCE.

MARKETS STEADY. Joseph Nathan and Co., Ltd., have received from London the following cabled advice, dated September 14: New Zealand butter, 100 s per cwt. Quiet but firm. Now Zealand cheese: White, 53s per cwt.; coloured, 545. Slow. A. J. Mills and Co., Ltd., London, give the following market prices as ruling at the close of business on Thursdayßutter: The market is firm. New Zealand, finest, 99s to 100 s; firsts, 98s to 995; unsalted, 102 s to 104 s; Danish, 118 s to 120 s. Danish, f.0.b., 100 s. Australian, 98s to 99e. Irish, 100 s to 102 s. Siberian, 84s to 886; Baltic. States, 90s to 925. Cheese: The market is. steady. Now Zealand, white, 52s to 535; coloured, 53s to 545. Canadian, white and coloured, c.i.f. quotation, 53s to 545. J. and J. Lonsdale and Co., Ltd., London, report as follows: —Butter: Market quiet but .firm. Danish, 97s (1186 landed). New Zealand, 100s. ' Australian, 100 s to 101 s. Cheese: Quiet, firm undertone. Now Zealand, white, 52s 6d to 535; coloured, 54s to 54s 6d. Canadian, 54s c.i.f. Dalgety and Co., Ltd., are advised under date September 14: —Butter: Market firm. Danish, 120 s (108 s to 110 s). New Zealand finest salted, 98s to 100 s (96s to 98s). Australian finest unsalted, 100 s to 102 s (96s to 98s); finest salted, 98s to 100 s (95s to 975). Australian g.a.q., 94s to 90s (92s to 945). Cheese: Market quiet. New Zealand, white, 52s to 53s (49s to 50b); coloured, 54s (51s to 525) Spot price for Canadian, white, 52s to 56s (50s to 51s); coloured, 52s to 56s (51s to 545); c.i.f. price for Canadian, 52s to 54s (51s to 525). Last weeks quotations are shown in parentheses. FARMING NOTES. THE COLYTON DISTRICT. (By “Observer.”) According to particulars of a farm in the Colyton district, it is obvious that proper management, together with topdressing, make it possible_ to carry satisfactory stock in that locality. The present carrying capacity of the farm cited here has been made possible in the main by topdressing, and exemplifies the fact that the land in the district does respond well to an artificial dressing of -manure.. The farm, which comprises 170 acres, is at the present time carrying 370 ewes, 400 lambs and 22 head of cattle and with the exception of the lambs this stock has been wintered. Every year 4j acres arc shut up for hay and usually this area provides sufficient for winter and early spring requirements of this fodder. Tho past winter having been mild, it was unnecessary for the farmer to use all his reserve hay, and he still has a good quantity left to carry over. Besides the area utilised for hay, sjr acres were devoted to a crop of chou moellier this year. Due, however, to the ravages of the white butterfly and the black-diamond moth the crop was not very successful and afforded only half the expected feeding. Despite this fact both the ewes and dairy stock are in good condition. Every year half the farm is topdretssed, but not heavily. RURAL RAKINGS. With 15 days to go before completing her semi-official test, a four-ycar-old Jersey belonging to Mr P. J. Petersen Blixton (Taranaki), has produced 1024.401 b of butterfat in 349 days. She is expretpd to reach 10601 bbv the end of the period, thus adding further distinction to a herd that last year secured tho world’s championship for Jersey production with Woodland s Felioic, a cow bred by Mr H. C. SampS °The Devonport Borough Council has made a profitable venture into the realm of sheep farming. Some months ago it bought 40 head for £l4, and recently sold half of them for £l3 net profit, after fattening and conditioning them by the economical method of grazing them on the borough’s domain reserves. The sheep served tho double purpose of keeping the grass on tho mountain side in good condition and netting tho borough . a few extra pounds, which it is proposed to spend on improvements to the mountain. It is early yet for shearing in the Wanganui district, but, nevertheless, some shorn owes were driven over the Wanganui town bridge and sold at tho -sale on Wednesday. It is. stated that this early shearing was carried out in view of the rising price of wool, the farmers speculating by clipping the wool and then selling the sheep. This practice is somewhat desultory at the moment, but it is anticipated that if the mild weather continues shearing may be carried out rather earlier than November, which is usually the month when the clippers get to work in this district. A gathering held at Urenui (Taranaki) for'the presentation of . prizes won in the farmers’ field competition, recalled the fact that 48 years ago Mr A. 11. Halcombe grew tiic first crop of swedes in the Urenui district. Swedes wore unknown to most of the farmers of North Taranaki in those days, and the crop grown by Mr Halcombe aroused great interest. Ihe only manure available apart from yard manure was bonedust, and Mr Halcombo’s crop was a particularly lino and even one.- In those days there was no trouble with fly or disease, and every root was sound. Those farmers in the South Island who have friends visiting New Zealand with the party of New South Wales farmers who are coming over in Fobruary next will have a job to keep up with them (says a southern report). They are to spend one day in Canterbury visiting a woollen mill, a freezing works, Lincoln College, and an experimental farm, not to mention seeing something of Canterbury shoep and wheat farming. Beyond what they see from the train passing through from Christchurch to Invercargill their study of farming conditions in Otago will be made on a oneday journey en route from Queenstown to Dunedin by motor car. Mr T. Baxter (of the National Farmers Union of Great Britain) will arrive in Wellington on Tuesday. Arrangements have been made for Messrs W. J. Poison, M P (Farmers’ Union), Duncan (Meat Board), Dynes Fulton (Dairy Board), and A eland (Sheep Owners’ Federation) to confer in Wellington beforehand to formulate a policy regarding quotas so that the views of the farming community can be expressed with reasonable unanimity. Iwo representatives from each of the above bodies will meet and welcome Mr Baxter on the 20th instant, and an itinerary will be drawn up for his visit to the principal dairying districts in each island. grain and produce. CANTERBURY MARKETS. l J er Press Association. CHRISTCHURCH, Sept. 15. There has been a recovery in the potato market in the last few days. At mid-week they had dropped to £2 15s a ton f.0.b., S.I. and inquiry was negligible. Since then all inquiry has set in from Auckland and business has been done at £3. 105. To-day potatoes are being offered at £3 15s, but buyers are not prepared to pay this figure. The spurt in tho market is apparently due to the Auckland supply being near disappearing point, as the last few shipments have been very small. The mid-week boat took approximately 2500 sacks, and the next boat is not due to load until Tuesday. Tho fowl wheat market is firm at 3s 6d f.0.b., s.i. There is no inquiry for oats or chaff. A Cartons are worth Is lOd on trucks.

FEILDING SALE.

DROP IN EWE PRICES; HOGGET VALUES UP. Fat ewes receded by. about 2s to the level of a fortnight ago at yesterday’s sale at Feilding, a heavy supply overloading the market. Values, however, were still good and represented an advance of about 7s per head, on what they were at tho corresponding time last year. Wethers remained firm at last week’s rates, while hoggets showed a rise of about 2s 6d per head over recent sates. The store sheep yarding was light, consisting mainly of owe and wether hoggets .which were firm at last week’s prices. Store cattlo sold well, one or two pons of forward bullocks making good figures. With tho exception of an odd line or two, fat cattle did not realise the values that wore expected, but a good clearance was made. Dairy stock were again in heavy supply, only select sorts making prices in lino with vendors’ calculations. Detailed quotations are as follow: — Fat Sheep.—Hoggets, 16s 7d, 17s 3d, 18s 3d, 19s, 22s to 23s 7d; ewes, 16s 7d, 17s 2d, 18s 7d, 19s 4d, 19s 7d. 20s to 20s 2d; b.f. 2-ths, 255; wethers, 20s, 225, 23s 9d, 25s to 26s 6d; maiden owes, 18s lOd to 22s 7d. Store Shoep.—Wether hoggets, 14s, 15s 2d, 15s 4d to 16s sd; ewe do., 19s Id, 19s 7d, 21s to 23$ 4d; ewes and lambs, 18s 6d; in-lamb ewos, 19s 4d. Fat Cattle—Bullocks, £5 12s 6d, £6 6s. £6 Us to £8 2s; heifers, £3, £3 4s, .£4, £4 17s to £5 12s; cows, £3, £3 Us, £3 18s, £4 to £4 17s; steers, £4 7s to £5 Is. Store Cattle.—3-yr Hereford steers, £4 10s; 4-5-yr P.A. fwd. bullocks, £5 15s; 18mos. Hereford heifers, £1 17s; 2-yr Hereford steers, £3 11s; yearling Hereford steers, £2 12s; m.c. empty cows, £1 17s. Dairy Stock.—Springing Jersey heifers, £2 10s, £2 19s. £3 ss, £4, £4 15s-, £5 10s. £6 2s 6d to £7 12s 6d; heifers in milk, £1 7s 6d, £1 17s 6d, £2 2s 6d to £3 ss. AUCTIONEERS’ REPORTS. Dalgety and Coy,, Ltd., report:—Sheep: Thera was a very large entry of fat sheep, and a small entry of stores at yesterday’s sale. Owing to the largo numbers of fat owes yarded, although the quality was of very high standard prices cased on the previous week to tho extent of 2s 6d per head. Fat hoggets were firm on last week’s rates. A small entry of store shoep again comprised practically all hoggets, which were firm on last week’s prices. Cattle: A good entry came forward. Tho beef section being lighter than usual, tho market was well maintained. In tho store section there was a very representative yarding, and values were strong. Dairy section: A very heavy yarding, particularly in heifers, a great many o,f which were of low' quality. Enquiry was not strong, and the market set back very considerably on last week’s rates. Wo can quote:—Fat hoggots, 17s 2d, 20s lOd; fat wethers, 21s; fat ewes, 11s sd, 17s 6d, IBs dd, 18s 6d. 18s lOd, 19s 3d, 20s, 20s 2d; fat maiden ewes, 21s 2d: ewe hoggets, 21s, 23s 4d; heifers r.w.b., £2. £2 17s 6d, £3 17s 6d, £4, £4 10s, £4 15s, £5 ss, £6 2s 6d; heifers, calved, £3, £3 12s 6d, £4; dairy cows, guaranteed sound, £5 ss; others, £3, £3 10s, £4; yearling P.A. heifers, £1 19s 6d; P.A. cows r.w. Hereford bull, £3, £3 7s: 3 and 4yr. Hereford bullocks, £4 10s; yearling P.A. steers, £2 13s; yearling Jersey heifers, 19s 6d, £2 7s 6d; fat Hereford bullocks, £6 Us; fat heifers, £4 17s; fat Jersey heifers, £3 2s 6d; fat Jersey cows, £1 15s. DISTRICT SALES. Tho New Zealand Loan and Mercantile Agency Coy., Ltd., Palmerston North, report: During the past week wo hold sales at Himatangi, Rongotca and Feilding. At the Himatangi sale on Monday we bad a heavy yarding, principally of dairy cattle, which met with a keen demand and a good clearance was effected under tho. hammer. We quote: Best sprg. heifers, £4 10s to £6 7s 6d; ordinary do., £3 to £4 ss; heifers in milk, £3 5s to £4 15s; best sprg. cows, £4 to £5 15s; late cows, £2 to £3; store cows, 21s to 28s 6d; fat cows, £2 15s to £3 3s. At Rongotca, on Wednesday, we had a full yard, principally of dairy cattle and pigs. Bidding was lively and a good sale resulted. Quotations: Best sprg. heifers, £6 to £7 ss; good do., £4 10s to £5 15s; ordinary do., £3 5s to £4 ss;. best sprg. cows, £4 to £6; late and aged do., £2 to £2 15s; store cows, 18s to 30s; fat heifers, £4 ss; fat cows, £2 10s to £3; yearling heifers, £2 6s to £2 15s; fat hoggets, 17s 8d; pigs sold at late rates. At the Feilding sale on Friday wc had a small entry of snoep and a heavy yarding of cattle. Fat sheep were easier and dairy cattle hard to quit owing, no doubt, to tho over supply. For store sheep and cattlo the market was keen. Quotations: Fat hoggets, .17s lOd to 235; fat ewes, 18s to 19s lOd; maiden ewes (shorn), 235; fat cows, £2 15s. to £4 ss; '. store cows, 20s to 34s 6d; yearling heifers, £2 .12s 6d; springing heifers, £3 to £5 ss; springing cows, £2 lOt to £3 10s. “ “ EKETAHUNA SALE. There was a good attendance of buyers at the woeldy Eketahuna sale, at which the N,Z. Loan and Mercantile Agency Co., Ltd., offered a good entry of dairy stocks, including several lots of heifers of outstanding quality. . These, met with keen competition, while the general tone of the market was better- than at recent! sales. Following are the prices:—Best quality springing heifers, £5 10s to £6 2s 6d; good do., £4 10s to £5 7s 6d; medium sorts, £3 to £4 ss; lato and inferior sorts, £1 10s to £2 10s; springing cows, £4 to £4 10s; weaner pigs, 12s to 14s. PEDIGREE JERSEYS. SALE AT~HAMILTON. The eleventh annual National Jersey Show and Sale at Hamilton was continued on Thursday, when there was another largo and representative bench of buyers. Competition was for the most part keen and satisfactory prices were again realised. The top price on Thursday was 61gns, puid by Mr C. Nieholls, of Cambridge, for Hua Brook Diplomat, from Mr H. Salway’s herd. There were two other animals sold for 60gns. An excellent average had been maintained, the 75 head sold on Thursday averaging nearly 28gns, while for the two days for 121 head disposed of the average was a shade over 30gns. Additional 6alos of interest to the Manawatu district were as follow : Middlewood Carl (Aug. 26, 1932), on account Kilgour Sisters, Feilding, to M. Paton, Cambridge, 54gns. Middlewood Junior (Oct. 24, 1932),- on account Kilgour Sisters, to D. G. Christie, 48gns. . . 'Middlewood Jostlor (Sept. 22, 1932), on account Kilgour Sisters, to Mrs J. Peoples, Drury, 50gn«. Allandale Clenullin (Sept. 20, 1932), on account of Mr A. Horn, Ohau, to J. Harper, Walton, 33gns. Woodstock Fritz (Aug. 31, 1931), pn account of Mrs A. Banks and Son, Feilding, to F. A. McLaren, Te Aroha, 30gns. Waipiko Omer (Aug. 12, 1931], on account Mr C. G. C. Dermer, Feilding, to Mr W. R. Shattock, Hamilton, 40gns. The sale concluded -yesterday, states a Press Association message. One hundred and sixty-three lots were sold, averaging 26Agns, compared with an average of 34 gns for 128 head last year. .The top pi ice of the sale, 135gns, was paid by Mr C. J. Lovegrove (Auckland), for. Sir Truby King’s Silver Marquis, while Finvoy Handsome Lad realised lOlgns. OPOSSUM SKINS. THIRD WELLINGTON SALE. WELLINGTON, Sept. 16. The third Wellington opossum skin salo was held yesterday by the combined brokers, .when catalogues comprising approximately 16,000 skins were offered to a full bench of buyers. Competition generally was sound for well furred and well stretched lots, -but inferiors, smalls, broken and damaged skins sold. at low rates. Blues, greys and blacks came in for special attention and commanded good prices. Trappers’ lots sold according to the average of prices as follow: —Blues, super, 11s; firsts, 9s 3d to 9s 6d. Black's, supers, 9s , to 10s 3d; firsts, 7s Id to 8s 4d; seconds,

6s 7rl to 7s. Greys, super, 8s to Us; firsts, 6s 9d to 8s 6d; seconds, 4s 3d to 6s 6d. Browns, super, 6s lOd; firsts, 5s 3d to 5s lid; seconds, 4s 5d to 5s 3d. Rustys, super, 6s to 6s 9d; firsts, 5s 6d to 6s id; seconds, 4s 6d to 5s 6d. Red necks, super, 6s; firsts, 4s 6d to 5s 7d; seconds, 4s 6d. Small blues, 4s; small blacks, 3s Id to 3s 6d. BRADFORD TOPS MARKET. Wright, Stephenson and Co., Ltd., and Abraham and Williams, Ltd., arc in receipt of the following cabled advice from their Bradford agents regarding the tops market: Merinos are j,d to Id down. All crossbreds arc firm. Business is quiet. Users of tops are well covered for some time to come and are keeping out of the market as much as possible. CHEERFUL AUSTRALIANS. EFFECT OF DROUGHT ON WOOL. DUNEDIN, Sept. 15. Mr George Black, manager of a stock firm, who has returned from Sydney, states that the outstanding impression. he received was a general feeling of optimism and cheerfulness among the people. It really did one good to encounter this spirit; Mr Black said the State of New South Wales was suffering to some extent from drought. Wool would not be of such good quality as tho clip last year, and there woulcl also bo a shortage in quantity. It was further anticipated that there would bo a drop in the export of lambs. The stock market in Sydney itself was showing improvement. JAPAN’S WOOL PLAN. “WILL NEVER BE ACCOMPLISHED.” Mr A. Okura, of Okura and Co., Tokio, said in Brisbane the other day that, notwithstanding Japan’s 18-year plan to produce wool comparable with the Australian product, he did not think tho growers of Australia need fear that it would ever be accomplished. No matter how successful experiments might bo in regard to quality, Mr Okura declared, Japan could never overcome the question of area. There would not be sufficient pastures available in Manchuria to devote to sheep-raising on such a scale as to produce' anything near tho country’s wool requirements. THE POULTRY MARKET. WELLINGTON PRICES. WELLINGTON, Sept. 16. Prices of live poultry ruling in the Wellington markets this week are quoted as follow : Fowls : AVhito leghorns, liens, 2s 6d to 3s 3d each; cockerels, 2s 6d to 3s; pullets, 3s 6d to 4s. Black Orpingtons, hens, heavy, 4s to 5s 6d each; medium, 3s to 3s 6d; cockerels, heavy, 4s 3d to 4s 9d; medium, 2s 3d to 3s 3d. Ducks: Indian Runner, young, 3s 6d to 4s each; old, 2s bd to 2s 9d ; White, heavy, 4s 6d to 5s 6d. Geese, 4s to 5s each. Turkeys, 8d to 9d per lb. LONDON EGG MARKET QUIET. LONDON, Sept. 14. Tho egg market is quiet. The Mooltan’s Australian cargo realised 10s 9d to Us for 14’s and 12s to 12s 3d for 15’s and 16’s. CO-OPERATIVE ASSOCIATION. CANTERBURY FIRM’S OPERATIONS. Per Press Association. CHRISTCHURCH, Sept. 15. The annual report of the Now Zealand Farmers’ Co-operative Association of Canterbury, Ltd., states that the g!‘bss profit for tile year' amounted to £133,423, or £1796 less than for the previous year, a small reduction on a larger volume of business. The nur, loss for the year is £95,218. This includes the sum of £31,593 for interest on current accounts, which have been suspended, and is not taken into profit; also tho sum of £27,963 for loss on current accounts which have been closed during the year, and the sum of £61,000 which lias been provided against losses which appear to be inevitable in the near future, less the sum of £25,338, which is the actual not profit on the year’s - general trading. Tho report states that the prices of farm produce during tho past, year have again been lower than for the previous year, and this has forced some customers to default oil their obligations, to the association, despite all reasonable attempts to continue their account. General expenses have again been reduced, though it has been impossible to continue the Targe rate of reduction in expenses which was achieved during the previous two years. Tho association’s position with its bankers lias again improved during the year by £82,774. The losses made arc on old advance accounts of farmer customers, which it was expected would bo nursed hack aagin to soundness, but this has been frustrated by the depression.

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. Under strong buying pressure further advances were made yesterday on the Wellington Stock Exchange by banks, financial, gas, insurance, meat and other shares. There was again active trading, 17 sales being recorded. Government loans were in good demand. The 31, per cents,, 1938-43, and 1939-43, eased to 1199 10s, following an interest payment. The 4 per cent, stocks showed only minor changes. The debenture section was very quiet. Wellington Racing Club 8' per cents., 1935, advanced 10s to £94 10s. Banks were very active, and prices in most cases showed further gains. Commercial of Australia rose sharply to sell at 16s 7d, late buyers coming in at a penny higher. Union of Australia sold firmly at £lO, and more were wanted at that price. National of New Zealand moved up to 83s 6d, sellers holding for 86s. Commercial of Sydney gained another 3s at £lB, and E.S. and A.’s were Is 6d better at £5 14s, sellers £5 17s 6d. Now Zealand long term mortgage shares were done late on Thursday at 34s and 33s 9d, and were quoted yesterday at 33s 6d. The ordinaries, were a shade easier at 48s 6d. New South Wales were steady at £32, while National of Australasia, both issues, were rather firmer. In the financial and pastoral section, National Mortgage A’s advanced to a sale at 495, with late buyers at 48s, and 26s 9d for B’s. N.Z. Loan and Mercantiles were done at £55 lafe on Thursday, and again yesterday. Christchurch Gas advanced to 27s 9d, with bids of 13s 3d for the contributing. Gains were also recorded by insurance shares. Nationals were sold at 18s 3d, and more were offered at 3d higher. New Zealands moved up to 555, and Standards to 59s 6d, South British standing firmly at 735. Meat shares were a very firm market. There were four sales on change of Gear Meats at 33s 3d, and N.Z. Refrigerating advanced to sales at 19s 3d for the fully-paid, and 9s 6d for the contributing. There were bids of 15s 6d for Wellington preferences, and £9 15s for Canterburys. Marked firmness was also seen in Iniscellancous shares. N.Z. Newspapers were Is up at 28s, sellers' holding for 29s 6d. Burns, Philp had a sale at t2s. N.Z. Drugs gained another 6d at 695, and Sharlands were strong at 20s lor both issues, sellers not quoting. Mining shares were rather easier under selling pressure. YESTERDAY’S QUOTATIONS. Following are yesterday’s buying and selling quotations ns recorded on the Wellington Stock Exchange:—

LONDON STOCK EXCHANGE. ; (British Official Wireless.) ; RUGBY, Sept. 14. The stock markets generally left off with a good tone, although in several instances values closed nnder. British funds wore firm with War Loan 3j per cent, at £IOO 11s 3d. German bonds mostly lost one point. Kaffirs registered an improvement on the day, but in some cases the _ best points were not maintained. Internationals generally were good on higher opening advances from Wall Street. LONDON, Sept. 14. P. and O. deferred, 18s 3Jd; Now Guinea Gold, 6s 33d; Bulolo, 76s l|d.

Buvcrs. Sellers. N.Z. GOVT. LOANS— £ s. d. £ e. d. 4 p.c. Bonds, 1940 .. .101 0 0 — 4 p.c. ditto, 1945 .100 5 U — 4 p.c. ditto, 1949 .101 5 0 — 4 p.c. ditto, 1955 .100 10 0 101 5 0 Kural Advances Bondc 98 10 0 3J, p.c. Ins. StOCK. 1939-43 +99 10 0 — 3i p.c. ditto, 1938-43 +99 10 0 100 7 6 p.c. ditto, 1938-52 ... — 101 12 6 4 p.c. ditto, 1940 .101 0 0 101 10 0 4 p.c. ditto, 1946 .100 7 6 — 4 p.c. ditto, 1949 .101 5 0 — 4 p.c. ditto, 1955 .100 7 6 — DEBENTURES — Well. Harb. Bd., 5^ p.c., 1940 .100 0 0 — Well. Gas Co .102 10 0 — Well. .Racing Club . 94 0 u — Amid. Brick and l’ipc 91 U 0 — BANKS— Australasia — *13 3 0 Comrcl. of Aust., ord. 0 16 8 0 17 0 Conircl. Banking Co., Sydney . 18 0 0 — Eng., Scot, and Aust. 5 14 0 5 17 6 National of N.Z . 4 3 6 4 6 0 Nat. of Australasia, £10 paid . 13 0 0 — Ditto, £5 paid . 6 9 0 6 12 6 New South Wales ... . 32 0 0 — New Zealand . 2 8 6 2 9 0 Ditto, “D” long term L 1 13 6 1 14 6 Queensland National, 4 p.c., inter, stock ... — 0 17 6 Union of Aust . 10 0 0 10 4 0 Ditto, Melb. reg — 10 8 0 FINANCIAL— Abraham and Williams, ord 4 — 3 10 0 National Mortgage, “A” . 2 8 0 — National Mortgage V “B” . 1 6 9 — N.Z. Guarantee Corp., ord. . 0 7 9 0 8 1 Ditto, pref . *1 1 0 1 2 6 N. Z. Invest., Mort. and Deposit . 0 3 3 — N.Z. Loan and Merc., ord. stock . 54 0 0 — N.Z. and River Plate 1 1 0 — Well. Trust Loan ... . 3 18 0 — GAS— Auckland 1 3 9 Christchurch . 1 7 9 — Ditto, contrib. . 0 13 3 — Wellington, ord . 1 13 3 1 13 9 INSURANCE— National of N.Z — 0 13 6 New Zealand . 2 15 0 — South British . 3 13 0 3 14 6 Standard . 2 19 6 — MEAT PRESERVINGGear 'Meat, cum rights 1 13 I 1 13 6 N.Z. Refrig., £1 paid 0 19 2 —

Ditto, 10s paid 0 9 4 0 9 8 Well. Meat Ex., pref. 0 15 6 — Canterbury 9 15 0 — TRANSPORT— Union Steam, pref. ... 1 3 6 — WOOLLEN— .Wellington, ord 5 8 0 — i Ditto, pref 5 9 0 COAL— Westport 0 12 6 T1 Alii EH— Kauri 0 12 0 — BREWERIES— N.Z. Breweries 1 17 7 1 18 0 Staples and Co 1 8 8 1 9 3 Ai.o- . ..L.'V.NC,uUl5— - British Tobacco, Aust., ord — *1 17 3 Burns, Fhilp and Co. — Colonial Sugar 58 15 .2 12 3 0 59 10 0 Con. Brick and Ripe — 0 6 li Donaghy’s Hope and , Twine 2 0 0 — Electro. Zinc, ord. ... 1 3 0 — j Electro. Zinc, 8 p.c., part pref *1 13 0 1 14 0 Henry Jones Co-op. ... 1 lb 5 — Howard Smith, ord. 0 11 0 0 11 9 N.Z. Drug *3 9 0 — N.Z. Farmers’ I'ertiliser *0 15 9 0 16 3 Shariand and Co., ord. 1 0 0 — Sharland and Co., pref. 1 0 0 — \\ ilson s Cement, cum. rights — 1 16 3 Wooiworths, N.Z., Ltd., pref 1 14 3 — .\c u Colosseum 2 0 3 Prestige (N.Z.), Ltd. pref — 1 2 0 N.Z. Newspapers 1 8 0 1 9 6 Dominion Fertilisers — 0 13 0 OILMoturoa, ord 0 1 8 — Motnroa, pref — 0 5 0 MININGAlexander, fully paid — *1 0 6 Ditto *0 18 6 — Big River 0 1 7 0 1 9 Blackwater 1 13 4 1 16 0 Freshford 0 0 8 — Gillespie’s Beach 0 2 2 0 <L o 2 Golden Dawn — 0 3 0 Golden Sands — 0 3 8 King Solomon *0 3 8 0 3 10 Kawarau — 0 0 a Mount Dye 11 1 2 0 1 2 l Nokomai 0 3 1 0 3 1£ Okarito *0 12 4 0 12 6 Waihi *1 4 6 1 6 ? Waihi Grand Junction 0 4 0 0 4 5 Waitahu 0 7 3 — Bell Hooper 0 1 0 0 1 1 Boll Kilgour 0 1 7 0 1 9 Central Shotovcr 0 0 10 — *Cum. dividend. fKx dividend.