COMMERCIAL.

New Zealand Herald, Volume LVI, Issue 17328, 27 November 1919, Page 5

COMMERCIAL.

LONDON, MARKETS. Australian and N.Z. Cable Association. (Reed. 5.30 p.m.) LONDON. Nov. 23. Cotton : December 22.76 d. Jute: Steady. November-December, £62. Hemp: Inactive and unchanged. Rubber: Para, £30: plantation, smoked. ! £28 Is 2d. Copra: Steady. January-March, £59. Linseed oil: £95. Turpentine: £126. LEY LAND AND O'BRIEN, LTD. j DIVIDEND OF 7i PER CENT. : The annual meeting of shareholders of the ; Ley-land and O'Brien Timber Co.. Ltd.. wa3 . held yesterday, Mr. W. B. Leyland. chairman of directors, presiding. The annual report I which recommended the payment of a divi- | dend of 7; per cent, was adopted. The retiring directors. Messrs W. B. Leyland ai.d Jr.- V._ Houghton, were re-elected, and Sir. G. C. W. Morris was re-elected auditor. i A resolution was passed expressing the surprise of the shareholders that in view of thy fact that the Public Petitions Committee of the House of Representatives had strongly recommended to the favourable consideration of the Government the company's petition for compensation for the loss of the scow Moa, ! owned by the company, through the neglect ■of Government officials in allowing von | Luckner and his party to escape from Motuihi, the Cabinet had subsequently declined to take any action in the matterEaST COAST FREEZING COMPANY. SATISFACTORY YEARS WORK. '■'he- fourth _ annua! meeting of the. East Covst exonerative Freezing Company was hell at Whakatace la-st week. The managing director, Mr. H. J. Gill, presided. The report and balance-sheet for the year end ng September 30 were, presented. The chairman reported a very satisfactory year A dividend of 6 per cent. would be paid. The increased storage spare bad been rapidly filled. Exceptionally high I prices had been obtained for tallow and 1 hides, and the manure output had greatly in©-eased. The Government requisition of meat was to expire in JUne, 1920. and freezing companies considered it desirable that the requisition should be extended for another year. Otherwise there would be a difficulty in clearing the stores. Mr. W. G. Sheiratt_asked why the sum of £1800 preliminary expenses appeared in the i assets. The secretary, Mr. A. V. Myers, I said that although this item was really a bad.debt it had to be placed somewhere and the only place was among the assets. I The defect in the work of the preserving ! department was the subject of a good deal jof discussion. In reply to Mr. R. King, the chairman explained that the company had obtained the best foreman available for this work, but, nevertheless a loss had occurred. The matter had been referred to experts for investigation and every step was bein" takon to remedy the matter. After considerable d.scussion a motion that a works manager be appointed was lost, an amendment being earned that that matter be 'eft to the decision cf the directors. The report and balance-sheet were adopted. STOCK SALES. AUCKLAND. Messrs Alfred Buckland and Sons, Ltd., report—We held our weekly Westfield sale of dairy and store stock on Thursday, Nov. 20, and again had a large entry. First-class dairy cows sold readily, all other classes realised late values. Best dairy cows made from £16 10s to £23; second grade cows, £10 10s to £1.3 10s; other dairy cows. £5 to £9 I 10s; best springing heifers, £11 10s to £15; smaller heifers, £9 to £11; small and backward, £5 to £8 10s; empty cows and heifers, £6 10s to £11 10s. according to age and condition; forward three to foiir-year-old steers, £11 to £14; three-year-olds, loss condition. £J to £10 lbs: two to three-year-old steers, £6 os to £8 15s: yearling to 18-month steers. £3 10s to £4 os: vending to two-year-old heifers. £3 10s to £11. according to breed and quality. ralves, £1 15s to £3: small and weedy calves. IS- to -"1 10s; full-mouth shorn owes. Us fid to 14s. I On Monday, November 24, we held our I monthly sale in the Pukekohe yards, and J had » heavy yarding. There was a largo i attendance, and an improved demand for all i classes of store cattle. Beef and dairy stock < sold at ruling rates. Dairy cows and j heifers made from £7 10s to £19 10s; empty I cows, £5 103 to £9 ss; aged store cows. £3 i 10s to £5 ss: three to four-year-old steers. i £10 10s to €13 2s fid: grown steers in forI ward condition. £13 15s to £15 sb; two to j three-year-old steers. £6 12s 6d to £9 159 . 18-month to two-year-old steers, £5 5s to £6 10s: hoifers, same age, £5 5s to £9 10s: j yearlings, mixed sexes. £3 10s to £4 ss; good I calves, £2 15s to £3 3s; this season's calves, £1 5s to £1 15s for best; others. 10s to £1 3s; fat cows and heifers. £8 10s to £15 10s; small fat steers, £12 to £15 ss. I At the Haymarket on Friday last, horses were yarded in full numbers. Aged draughts ! brought from £18 to £40: medium draughts. £21 to £40 10s; plough horses, £15 to £28 10s: light harness class. £8 10s to £20: buggy . horses and good hacks, £14 to £23; eig ponies. £4 10s to £15: weeds all prices. ' The advertised trotters sold as follows; Puwhenua E4gns: colt bv Cold B« 30gns; Treanac. 30gns: mare by King of Diamonds, 23gns. : On Thursday we held a special dairy sale .at Pukekohe. There was a good attendance. The best dairy cows and heifers in milk realised from £16 10s to £27 10s; others. £8 to £15 15s: springors. best £14 to £20 10sothers. £7 10s to £13; small, £5 10s to £6 15s : orrade Jer=ev h»ifer-< <P'n^ v l £10 5q to £12 10s; other heifers. £5 2s fid to £7; bnlls. 6igns to 12}gns. pigs, sow and litter, lligns": sows in pig, 6!gns to 10]gns; slips, £1 7s to £2 ss. At the Waitakaruru sale on Friday we had a full yarding of cattle. Buyers were in attendance, and a eood c lo arance was effected at nrices now ruling. Fat cows and heifers foJd from ft 2s fid to £\* 7« fid- enrnty rows, £* 5s to £8 15«: two to thre.e-vear-old steers ! £6 10* to fin no, 6d: two to two-and a-halfl year empty heifers. £5 15s to £7; yearlings £3 5s to £i 15s; calves. £1 10s to £3. ADDINGTON. [BY TELEGRAPH. —PRESS ASSOCIATION.] CHRISTCHURCH. Wednesday. There was an average yarding of both fat and storo stock at Addington to-day. I Prices were practically at the same level as last week. The range of prices was as follows :— I Store Sheep: Mixed sex hoggets. 26s 9d to 55s 9d; wether hoggets, 26s to 29s 2d: full- ] mouthed ewes and Limbs tall counted), 19s I to 20s 3d; two-tooth shorn wethers. 18s 6d jto 27s sd: two-tooth shorn ewes. 22s to 24s lOd . ewe hoggets, 50s 6d to 54s 6d : four and I six-tooth wethers. 55s 7d to 59s 6d ; four-tooth I shorn wethers. 26s lOd to 51s Bd. | Fat Lambs: Extra "prime to 40s, prime to 36s 6d. medium 27s 6d to 50s 9d, lighter 21s to 275. Fat Sheep: Extra prime wethers to 60s, prime "*J«s 3d to 53s 3d. shorn 38s lOd to 44s (3d; medium 41s 4d to 46s Id. shorn 32s 3d to 58s 7d; lighter 52s 6d to 58s 6u; extra prime thorn ewes to 50s. prime ewes 40s to 47s 6d medium 34s fid to 40s 3d. lighter to 53s Id : prime nonets to 40s. lighter 22s 7d to 25s 6d! Fat Catt.e: Extra prime steers to £58 ss. prime to £51, ordinary £10 to £16 ssextra prune heifers to £28 ss, prime £13 7s' 6.1 to £20 ss, ordinary £8 to £12 12s 6dprime cows £13 to £25, ordinary" £8 "lOs to £17 7s Get. Store Cattle: Four-year-old steers to £13 10s; three-year-old steers, £9 2s 6d to .-CI10s. two-year-old to £9 15s; two-year-old he:s to £3 ss: store cows £S 5s to £9 15s: yearling hcjfers to £2 lis; mixed sex >v«i lings to £3 15s; dairy cows, first calrers £■< tOs to £13 as; second and third calvers «".|1 t.i £14 17s 6d. others £7 15s to £17 10s; ve.ilor*. runners to £8 10s; good vealers to £5 2* 6d : fair to £2 12s Id; inferior 5s to 10s. Pigs: Extra heavy baconers to £8, heavy £7 to £7 Ids, others £5 10s to £3 10s, equal to Hid per lb: heavy porkers £4 10s to £.". others £4 to £4 ss: good stores to £4 ss: medium £2 15s to £3; slips £1 17s 6d toTE2 10s, woaners £1 5s to £2 7s 6d.