COMMERCIAL.

New Zealand Herald, Volume LVI, Issue 17274, 25 September 1919, Page 5

COMMERCIAL.

MILNE AND CHOYCE, LTD. ANNUAL MEETING. The annual meeting of shareholders in Milne and Choyce. Ltd., was held yesterday the chairman of directors. Mr. C. Rhodes presiding. The report and balance-sheet for the past year, which was published in the HERALD on September 11, was adopted. The retiring directors, Messrs. C. Rhodes and T S. Culling, were reelected and Mr G C W. Morns was elected auditor. A ' vote of thanks to the stag, proposed by,the chairman, was carried. Mr. P.. C Chovce responded on behalf of the staff. 7 PRICES OF METALS. A. and N.Z. LONDON, Sept 22 £100 17s 6d, electrolytic. £115 10s; lead *M- 1 tU. W,l f r '^ pot £il 15s - three months £42: to. Spot £278 153 ; silver, 5s 2Jd per standard ounce. LONDON WOOL SALES. A. and N.Z. LONDON. Sept. 22. H™ 1 ? 8 rT 1 aale3 there was good competition at full prices. Slips were slightly dearer. New Zealand. Gear, top 2s 3d, average tijf:, 9 n the Radford market tops were slightly dearer.

CANTERBURY PRODUCE MARKETS. fBT TtXEGEAPH.— FItESS AS SWA VTTON. ] CHRISTCHTJRCH. Wednesday. The grain market is still exceedingly quiet and very little business d any kind ia reported. kX^t^Ji 11 graS6 seeds all <i clovers has brightened up a good dea.. however, and d he tinTtlv eS °l diaere " t lines h'ive firmed TmrSSi?' There 15 also a fair inquiry for Impera peas. Some exnort has beVn done htillfJl 60 *?" V ntl ,h!?7 are wort °» its ni ? lisl 6 * l Trade in onions is practically & «rth*ls' and the fGW V™ l * ° BeTi * B m £^ ta^2 in 6mal ,' linv3B are offering a little ZToß^iV T T *»>• «"MtT. and merchant! are ottering about £9 a ton. STOCK SALES. AUCKLAND tt f wi?f U M land^ and Som>:Ltd.. report ._ penned fn £ r ld ° D T fe>," da y dairy cattle were Mnnerf in ,' rSS nurab "». Stores were also Mid hJ& '? crea «cd numbers. The former to °p5 **? COWB makin - from *15 to £20 second-grade cows, ill io s to £14 10s_; others £1 10s to £9 10s; best springing f? lLf»*l%' ,i 5 5s ,o to £8 10s = em Pty cows, fto-rt t t o " £9 18s 1 18-mouths to two-year-old , to /I'iff to , £B; ife "' siUne »«*f £5 ss! to £6 15s; calves, £1 loa to £4 ss. j W^,. held i- a , clearing sale on account of* Messrs Elhnghom and Peacock at Cleveclon on Saturday. . J j.' here was an extra large attendance. Bidding was spirited throughout, and we report a most successful sale. Fullmouth ewes, with lambs, £2 7s 6d to £2 10s • empty ewes, £1 16s; ewe hoggets. £1 5s M to £1 I.ls 9d; wether hoggets, £1 3s 9d • s?raes. £10 10a to £27 10s; shearing plant, ±99; spnnsms hr ; fers, £10 to £14; young bulls, £8 to £12. - I

On Monday we held a clearing sale on account of Mr. Chas. Wallace, East Tamaki. lhere was again a large attendance, and prices were well up to expectations. Cows sold at from £16 to £21 10s, for best; others, £8 to £14; bull, £12. At the special sale of Mr. Bv. Brown, East lamaki. dairy herd, held on Tuesday, buyers wore present from Taranaki, Waikato, north and surrounding districts. Competition was keen and high prices were obtained. The bull, Corstou Emigrant (imp.), realised 148gns; pedigree bulls. 6 month to I 10-months-old. Sogns to 15gns: grade year- ' ling bulls, 2Q e ns to 27gns: cows entered in ; Vol. 1. N.Z.M.S. Assoc. H. 8.. 15gn«-to 54gns; I the best of the grade cows, £24 to £50; others. £14 to £22; aged cows. £7 to £12; springing heifers, £13 to £16; in caif heifers (backward), £8 to £11; bay filly, £45. lcsterday at our weekly Westfield fat stock market our yarding of fat cattle totalled 291 head comorisins 229 steers. 59 cows and heifers and 3 bulls. There was a keen demand throughout with values very firm. In some instances last week's prices were slightly exceeded, but generally there was little alteration. Choice ox sold to £3 8s per 1001b, prime ox £3 4s to £3 6s per 1001b, plain and ordinary £2 10s to £3; cow and heifer beef £2 10s to £3 per 1001b. Steers ranged in price from £14 10s to £30 2s 6d. for a. steer from Mr. F. Potts, Pekanui, 1 irongia; cows and heifers. £7 10s to £16 10s. The highest averages for steers were :— 7 from Mr. F. Potts. Pekanui, Pirongia £23 13s lid: 8 from Mr. Geo. G. Hull. Otaua. £26 17s 6d; 16 fiom Mr. Jas. Taylor. Bardowie Cambridge. £25 lis 3d: 8 from Mr. | Ed. Allen Cambridge. £24 ss: 8 from Mr. [Jas. Hell. £23 15s lod; 8 from. Mr. . iG T. Bayly, Wharepapa property. £23 6d; 9 ex rail, £21 4s 8d: 9 from Mr. I. ;. Storey. Woodstock, Te Awamutu. £20 4s 2d • 7 from Mr. T. R. W. Gill. Panmure, £jJ 10s 4d; 8 from Mr. Alex. Orr, Mangakura, .£lB 13s 9d; 32 from the Waikato, £18 lis; 17 from Pigeon Mountain. Pakuranga. £18 '. 9s 3d; 8 from Messrs. Mears Bros., \ Walton. £18 7s 6d: 20 on account of | client. £16 17s 3d 9 cows. £15 17s 6d. ! lhere was a heavy yarding of sheep, the i ; largest we have had for many weeks. The i demand continues strong for all classes, and i ' ruling high prices were easily sustained. : Extra heavy prime wethers, £2 16s 6d to ! £3 Os 3d. the latter price lor a pen of 30 > from Mr. James Taylor. Bardowie, Cam- ; bridge; 59 from the same vendor averaged ' £2 17s sd. 26 from Mr. Wilfred Johnstone. : Papatoetoe. averaged £2 16s 3d- several small lots of extra special wethers and ewes sold at from £3 8s to £4 for two ewes from Mr. W. Knight, Brookby; 16 wethers from Mr. W. G. Park. Te Awamutu, averaged £3 2s 6d: heavy prime wethers. £2 10s to £2 , 15s. There were 435 wethers from different | clients, which sold at upwards of £2 Bs. Medium to heavy prime wethers, £2 5s to £•2 93: light fat wethers, £2 Is 6d to £2 4a 6d • other wethers. £1 lis to £2 Is; extra heavy prime ewes. £2 12s to £2 15s for ewea from Mr. W. G. Park. Te Awamutu; heavy prime ewes, £2 4s to £2 10s; lighter fat ewes. £1 17s to £2 2s; other ewes, £1 68 to £1 16s; heavy prime hoggets. £1 14s to £1 16s 6d; other hoggets, £1 6s to £1 10s 6d '1935 sheep sold). Spring lambs, the first of the seasou from Mr. Chas. Coxhead, Manu-r-ewa. made the record average of £1 17s, selling at from £1 lis 6d to £1 19s 9d (four sold). Fat and young calves came forward in record numbers, the major portion being small and fresh-dropped. Runners were lower. Other clashes sold at about last week's rates. Runners made from £6 5s to £8 15s; heavy vealers £4 10s to £5 15s, medium £3 2s 6d to £4. lighter £2 4s to £3; small fat calves. 16s to £1 19s; freshdropped. 6s to 13s (228 sold). There was a large entry of pits and a strong demand for all classes. Baconers and porkers maintained about last week's values. Stores were in keen demand. Large choppers and heavy baconers, £7 15s to £0 3s; light baconers. £8 53 to £7 7s- heavy porkers, £!■; to £6 2s 6d: medium porkers, £3 16s to £4 15s; light porkers £3 3s to £3 15s; well-bred slips, £2 5s tc £2 16s; small weaners and suckers. £1 15s to £1 19 s (306 sold). At the Haymftrket on Friday last we had an average yarding of horses. The demand whs good, and values better. On Monday and Tuesday we held a special horse sale at Ptikekohc. when more than the advertised number came forward. Buyers were in attendance from all districts, and high prices were realised under spirited competition. Heavj. unbroken three to four-year-old brought from £30 10s to £53. the latter price for a four-year-old filly from Mr. T. D. Reid. Waiuku; medium £18 10s to £30. light £5 10s to £16 10«. heavv draughts, broken £28 to £50, medium £22 to £37 10s, waggon and lorry sorts £26 to £42. creamery cart class £14 to £21 10s, plough horses £15 10s to £27. buggy horses and hacks £14 10s to £25 10s, gig ponies £4 10s to £18, weeds from 10s.

The New Zealand Loan and Mercantile Agency Company. Limited, reports:— On Thursday last, at Westfield. we had an average yarding of dairy cattle, which sold at late rates. Best cows and heifers made £15 to £20 10s, young sound cows £12 to £16 10s, others £8 10s to £11 15s. Store cattle were penned in ext*a large numbers. Competition for these ivas not so keen as the previous week, and prices were slightly easier. Forward young empty cowe and heifers sold from £7 15s to £11 Is, olde» and inferior empty cow? £5 to £7 12s 6d, three to three and a-halt year steers £10 10s to £11 17s 6d, 18-months to twoyear steers £6 to £8 7s 6d. yearling steers £4 10s to £5 15s. yearling heifers £4 to £5 ss, bulls £6 to £13 10s. best calves £2 17b 6d to £3 17s 6d, others £1 17s lid to £2 12s Gd. Sheep were penned in more than the advertised numbers, and we report a complete clearance under steady competition. Store wethers made £1 10s (id to £2 Is Od, empty ewes £1 2s to £1 lis fid. hoggets £1 4s to £1 lis fid. ewes with lambs at foot £1 10s 3d to £2 3s. one extra choice ewe and lamb £3 Is. At Manurewa on Friday we held a clearing sale on account of Mr. A. Jefferson. There was an extra large attendance, and a most successful sale resulted. The dairy cows Bold under keen competition. Waikato buyers securing most of the same, selling at from £11 to £24. Horses fetched £14 to £23. calves £1 15s to £3, empty cows £7 to £8 15s, bows with young and close to farrowing £12"- to £15 ss. On Saturday, at Waiuku. we held our monthly sale, when there was a very big yarding, especially of dairy cows and heifers. Anything choice in this line was keenly sought after. Other cattle sold at late quotations. Best dairy cows made £17 to £24 10s, young sound cows £13 to £16 10e. others £10 to £12 15s. aged and inferior cows £6 to £9. best dairy heifers £14 10s to £:0. others £9 10s to £13 12s fid. inferior and small heifers £6 to £8 15*. Empty cows and hefers £0 10s to £9 7s fid. yearling to 18-months heifer? £3 10a to £5 15s; d><to steers £1 7= Rd to £6 7s 6d: calves, best £2 8s to £.'! «s, others £1 5s to £2 7s; bulls £6 to £12 12s. Pigs again sold to extreme prices, small porkers selling to £4. wran»rs £1 18s to £2 9s. We had an extra large yarding at Henderson on Monday, all classes being represented. The bidding throughout, from a largo attendance of buvers. was brisk, practically the total yarding changing hands.

Beet dairy cows and heifers, of which there was a large entry, sold from £12 to £14 10s others £7 as to ill 15»; a. pen of very forward grown bullocks made .£l7 2s 6d: quality three to three and a-half-year steers £12 to £13 ss, two to three-year steers £6 los to £9 7s Sd. yearling to 18-month *teen £4 os to £5 10s; steer calves, best, £2 to £2 18s. others £1 to £1 15s; yearling to 15month heifers £4 2s 6d to £5 S»: heifer calves. best £2 10s to £3 2s 6d, others £1 ns to £2 Ss, poor and weedy calves from 12?; erar>ty cows £6 to £8 ss. cows with calves £6 to £7 2, 6d. prime fat cows £13 to £14 10=. other forward to fat cows £9 5s to . *1217s 6d; bulls £5 10s to £9. At Weatfield fat stock market on Wednesday beef was penned in average numbers, and sold at last week's rates, Best oxen sold to £3 8s per lOOlb. others £3 3s to £3 is pc 1001b; cow and heifer beef sold at from £2 16s to £3 5s per 1001b; steers sold at from £16 to £30 15s for a steer fatted by -Jr. A. W. Hal!, Papatoetoe; cows and heifers sold at from £9 to £16 10s. Some of the averages were:—9 steers from Mr. A. i\ H , a 'l. Papaloetoe, £22 lis; 8 steers from Mr. J. M. Scott, Horabora, £22 Ss 3d- 8 steers from Mr. Jas. Taylor, Cambridge, £22 os; 8 steers from Waikato. £21 15s; 9 steers from Mr. C. Thayer. £20 16s; 5 small steers from Messrs. A. Yates and Co., Kiraka, £17 Iff- fa; 12 small steers from Messrs-. H. J. Uoodfcllow. Panmure. £17 13s; 15 small steers from Mangere, £17 9 8 6d- 10 siuaa steers from Papatoetoe £17 ss. Sheep were penned in average numbers and mostly or good qualitv. Competition was keen and prices improved on last week's quotations. Extra heavy wethers sold at from £2 16s Gd to £5 4s 6d; heavy prime wethers, £2 13s to £2 15s 9d ; medium prime wethers. £2 9s 6d to £2 12s 9d: light prime wethers. £2 5s to £2 9s 3d; unfinished and small wethers. £1 13s to £2 4s: extra. heavy ewer. « 14s to £3 Is: heavy prime ewes. £2 »s to i.l I.M 9d; medium prime ewes. £2 2s *° *2 7 * 3d; light and unfinished, £1 10s to £1 Us 3d. Hoggets penned in average numbers also improved in prices. Best, £1 19« od to £2 6s 3d: medium. £1 14s to £1 ISs 9dothers. £1 4s to £1 13s. Forty ewes and wethers from Mr. J. T. Gill. Howick. averaged £2 18s fid; 120 wethers from Mr. Jas. lay lor, Cambridge, averaged £2 lis 6d. Calves were penned in extra large nunarjers. every pen being filled. For all classes prices were easier. Runners sold from £5 to £6 16sheavy vealers, £3 15s to £4 17s fid; medium. £5 5s to £3 14s; light. £2 5s to £3 4s; lighter fat butchers' calves. 12s to £2 2s : freshdropped. 5s to lis. Piss were penned in larger numbers, selling well up to late values. Heavy baconers. £7 to £8 10s; medium, £5 15s to £6 18s; heavy porkers, £5 to £5 14s; medium. £3 15s to £4 18s; light. £2 15s to £5 14s: weaner pigs, £1 12s to £1

Dalgcty and Company, Limited, report having held their weekly sale of fat stock at Westfield yesterday, as under: Beef: A good yarding. Prices were more regular than last week's. Extra choice pens of prime beef fetched £3 8s per lOOlb, ordinary prime ox £2 17s 6d to £3 ss, ordinary £2 15s, cow and heifer beef £3. Veal: A very large yarding, and prices were on a par with last week's. Good heavy runners made from £4 10s to £11. good suckers £2 10s to £3 10b, young calves £7 to £15. Mutton : A large yarding. Prime wetbers made £2 10s to £2 15s, medium wethers £2 to £2 ss, forward wethers 255, prime ewes to £2 Bs, medium 30s to 355. Pork: A large yarding, and prices were easier. Ba,coner3 made £5 to £7 sb, choppers £7 to £9. porkers £3 10s to £5 10s. weaners £1 53. ADDINGTON. [BY TELEGRAPH. FBBSS ASSOCIATION.] CHEISTCHTTRCH, Wednesday. At Adding ion linuaei uune was a. small yarning oi ooin siure ana tat &aeep, and me demand was exoiemeiy good, urites lor tat snuej) reacrung tis to 8s aoove last week s rales, tor store cattle there was an average uemanct. luere was a very mixea yarding o£ tat catiie. which sold lairly well. I'ne range o: prices was as fouows:—

fctiore Sheep: Two-tooth, ewes to 28s, two and tour-tooth to 38s, two, tour, six, and eight-tooth 31s 9d to 375, four, six and eighttooth 333 to 35s 6d; four/ and six-tooth wethers to 35a 4d; ewe hoggets to 27s 7d; mixed hoggets 23s 3d to 293 8d; wether hoggets 16s ad to 20s Id. Fat Cattle: Extra, prime steers to £33 15s 3d, prime £19 to £26 10s, ordinary £12 10s to £18; extra prime heifers £22 to £27, prime £16 to £19 10a, ordinary £10 as to £15 10s; extra prime cows to £24 15s, prime £13 to £18. ordinary £8 17s 6d to £12. Pat Sheep: Extra prime wethers to 85s, prime 45s 6d to 765, medium 423 6d to 455, lighter 33s to 40s; extra prime ewes to 60s, prime 15s to 54s 9d. medium 4Qs to 42s 6d, lighter 33a to 35s 6d; hoggets 26s to 42s 6d. Store Cattle: Two-year-old steers to £5 12s 6d; two-year-old heifers to £6 ss; yearlings to £4 10s; calves £1 2s to £2 13s 66; cows £5 12s 6d to £8 15s, dairy cows, second and third calves £10 to £17, others £6 to £10; springing heifers £7 to £12 10s. Vealers: Calves 70s to 995, fair 41s to 60s, small and inferior 4s to 38s.

Store Pigi: Best 60s to eSs, medium 52e to 5Ss, small 35s to 455; weaners 25s to 355. Fat Pies: Extra heavy baconers to £8 10s h«vvy £6 10-! to £7 15s; medium "£5 to £6, eoual to lOd n.r lb: heavy workers 85s to 90s, medium 65s to 755, equal to lid a lb ; choppers £S to £9

BURNSIDE.

[BY TELEGRAPH. —PRESS ASSOCIATION.] DUNEDIN. Wednesday. At Burnaide to-day VII fat cattle were I penned, and except for a few pens, the I Quality was not equal to last week's sta-n----j aard. Owing to the small yarding prices I advanced about £1. Prime heavy bullocks I realised £30 to £38 10s, prime £24 to *28; ; extra prime heifers to £26, prime £18 to £20 ! medium £15 to £17 10s, light and unfinished i £J0 upwards. Fat aheep: 1019 were penned, | mostly of good quality wethers. The market ! opened at-a slight advance on late rates, i and quickly improved, but eased again towards the finish. Extra prime heavy wethers sold up to 6Ss 3d. prime 55s to 635, medium 46a to 50s, lighter 38s to 435; extra primeheavy ewes to 55s 6d, good 38s to 425, older e-sves from 30s; extra prime hoggets 34s 6d to 475. Pigs: There was a medium yarding and prices were slightly above late rates' ±Jaconers brought up to 141s, slips to 40s : weaners 20s to 30s.

HIDES, SKINS, AND TALLOW. Dalgety and Company. Limited, report having held their weekly sale ° hides, etc" on Tuesday, as under:— S ldes: j l3BBl , b "tchcrs'. ox. stout 12d to 13R medium lid to 12d. light 10id: cow best lOd to lOfd, light lOd to 10W. year: \£? S Hid to i 2id: calfskins, beat 17d to 19d. heavy and meaty 12d to 15d: cut. damaged, and dirty hides. 2d to id per lb below above rates; horsehides. 5s to 12s ea.cn.

Tallow: Best, in shipment casks, to £56 per ton; broken packages. £45 to £50 Horsehair: Tail. Is 5d to Is Bid: mane. Bones: Dry. £8 5s per ton. Babbit Skins: There is a. good demand, at prices ranging from 2s to 4s per lb for well-saved lots.