NEW ZEALAND INSURANCE.

New Zealand Herald, Volume LXVI, Issue 20303, 10 July 1929, Page 7

NEW ZEALAND INSURANCE.

DIVIDEND ANNOUNCEMENT

SAME RATE AS LAST YEAR

The directors of tho New Zealand Insurance Company, Limited, have decided to recommend to their shareholders, at liie annual meeting on August 6, the payment of a dividend of lid a share for the half-year, making a tetal disbursement for the year of Is lOd. Tho dividend for the year is at tho same rate as last year.

STOCK SALES.

PRICES AT HAMILTON,

[BY TELEGRAPH. —OWN CORRESPONDENT.] HAMILTON, Tuesday.

Tho weekly stock sale al the Frankton yards to-day was well attended and most prices wore firm at late rates. Bobby calves were yarded in large numbers and realised good prices. Tlie auctioneers quote:— Dalgety and Company, Limited.—Ail average yarding of beef and a smaller yarding than usual of fat sheep. Beef firm at late rates and fat sheep easier. Light fat heifers, £8 15s to £9 7s Gd; primo fat cows, to £lO 15s; fat cowb, £8 10s to £lO 10s; light fat tows, £G 7s Gd to £7 17s Cd: unfinished cows, £1 15s to £5 7s Gd; fat wethers, to 3Ga 10(1; small ewe hoggets, 245; Friesian cows, close to profit, to £18; others, £9 10s to £10; Jersey cows, £9 to £ll 10s; Jersey heifers, £7 15s to £9 10s; bnconers, £3 12s to £1 )s; light, £3 to £3 3s; porkers, £2 5s to £2 12s; light, 32s to £2 Is; choppers, £2 Gs to £3 3s; stores, £1 2s to £1 8s; slips, lGs to 18s; weaners, 12s to 15s.

Farmers' Co operative Auctioneering Company, Limited.—An average yarding of beef and a medium yarding of fat sheep and pigß. Good quality beef maintained fair competition and all classes of fat stock sold at late rates. A good number of dairy cows and heifers were yarded and anything close up and good quality mot with good competition. Wo quote: Good quality fat steers, £l2 10s to £l3 10s; fat cows, £9 7s Cd to £10; medium fat cows, £7 13s to £8 10s; light fat cows, £G lis to £7 'ls; forward, £5 7s Gd to ■£G 2s Gd; store, £3 15s to £5 53; small heifer calves, £2 ss; vealers, to £3 9s; fat wethers, 3Gs 9d; fat ewes, 35s Gd to 39s 9d; forward ewes. 23s to 2-ls 9d; fat hoggets, 27s to 30s Gd; store hoggets. 17s 8d; empty aged store owes, lis 5d to IGs9d ; full mouthed ewes, in lamb, 23s Gd; heavy porkers and light baconers, £2 18s to £3 10s; medium porkers. £2 7s to £2 15s; light, 35s to £2 2s; slips, 18s Gd to £1 Is; Bobby calves. 8s to 15s; dairy cows, £lO to £ll 15s; Jersey cross springing heifers, £8 10s to £9 10s.

G. \V. Vercoe and Company, Limited.— Fat bullocks, £lO 123 to £l3 17s Gd; fat cows, £6 Gs to £8 7s; lighter cows, £4 3s to £5 178 Gd; heifers, £G 15s to £9 15s; fat wethers, to 3Gs Gd; ewes, 2Ss 9d; fat lambs, to 21s; heavy baconers, £3 10s to £4 3s; light baconers and heavy porkers, £2 3s to £2 7s; good Bobby calves, 10s to lis Gd; light, Gs to 9s.

New Zealand Loan and Mercantile Agency Company, Limited.—Fat bullocks, £ll 15s to £l2 15s: fat cows, £8 7s to £% 18s; lighter, £G 15s to £7 13s; fat wethers, to 3Gs; hoggets, to 255; baconers, £2 153 to £3 9s; porkers, £1 19s to £2 10s.

FIXTURE AT PATUMAIIOE. [by telegraph.—own correspondent.] PUKEKOHE, Tuesday.

Prices for cows at a clearing sale held at Palumah'oe to-day by Messrs. Alfred Buckland and Son, on behalf of Mr. R. C. Allen, ranged up to £2O 10s. Tho herd of 19 grade Jersey and Jersey-cross cows and four two-year-old heifers close to profit averaged £ll 10s. Three yearling heifers sold at £5 10s each and a team of two liorses for £G2. ,

CLEARANCE OF DAIRY HERD. [by TELEGRAPH. —OWN CORRESPONDENT.] HAMILTON, Tuesday.

Dalgety and Company, Limited, Hamilton, report having held a very successful sale of tho dairy herd on acpount of the estate of G. O. Bayley. at Parawera yesterday. Best young cows sold from £IG to £23 for grade Jerseys; mediuni-clasii cows, £l2 to £ls; inferior and beefy sorts, £8 to £10; be6t heifers, to £l4 10s. The pedigree Jersey bull Te Aute Taskmaster sold at G2{gna. It was purchased by Messrs. Rose Brothers. The Jersey bull Bilberry's Masterpiece was purchased by Mr. J. O'Sullivan for 24gns.

JOHNSONVILLE PRICES.

GOOD DEMAND FOR LAMBS. [BY TELEGRAPH. —OWN CORRESPONDENT.] WELLINGTON, Tuesday. Messrs. Wright, Stephenson mid Co., Ltd., and Abraham and Williams, Ltd., report on the Johnsonville snlo held to-day ns follows:—There was a large yarding of both fat cattle and sheep. The bulk of the yarding comprised pftne heavy quality bullocks, which met with little competition, and sold at prices (slightly easier than last week. There were no cows, heifers or vealers yarded. The wethers were mostly extra heavy weight of good quality, prices being on a par with last week's rates. The ewes were of good quality, and met with keen competition, with prices showing a slight advance. The lambs submitted were of good quality, and met with keen competition. Prices were: Heavy show bullocks. £23 15s and i' 22 15s; extra heavy bullocks, i'lli IDs (o .£l7 12s (>d; heavy bullocks, .£ls Ids to £lO 7s fid; medium bullocks. £l4 12s fid to £ls ss; wethers, extr.i heavy, £2 '2s; heavy, 3tSs 8d; ewes, heavy, 30s 3d to 325; lambs, heavy, 27s 6d to 29s 7d.

MARKET REPORTS.

FRUIT AND PRODUCE PRICES. Tho demand for local fruit continued In bo fair at the -Auckland City Markets yesterdny, Hothouse tomatoes sold at the increased rates of 9d to Is 6d per lb. Poorman oranges wero again very dull of sale, whilo there was only a fair demand for Island oranges, which realised 20s fo 21s a case. A number'of pears, which came out of cool store, in poor condition, sold at low rates. A frcsli shipment of bananas was landed from the Tofua from Fiji yesterday, while the Ulimaroa bronchi a fair shipment of Australian citrus fruit. The fruit will bo offered today.

The field produce market was heavily supplied with cabbage, pumpkins and swedes. Good supplies cf all root vegetables were also offerod, and met with a fair demand. Tho prices remain about tho same as last week. New potatoes sold at 2d to 4d per lb. In tho dairy produce section tho prices for the best quality hen and duck eggs in both the A and B grades wero slightly lower. Tho values are now expected to remain stable. There was a fair demand for plentiful supplies of both hen and duck eggs. Farmers' butter was again in short, sup sly, and met with a keen demand, selling at the unchanged rate of Is Id to Is per lb. The following prices were realised:— FRUIT. Apples, Delicious, picked sizes, 9s to 10s Gd a case; others, Us (id to 8s; Ballaruts. 8s to 10s; Doughertys, Gs to 7s Cd; Winesaps, Us to !ls; Stunners, Gs to 9s. Pears, Coles. 7s to 9s Cd; Nelis, 8s Gd to 10s; P. Barrys. 5s Cd to Us. Tree tomatoes, 3s to Cs Oct. Tomatoes, hothouse, 9d to Is Ud per lb. Orapes, choice, Colman, .'is to 4s ljo. Lemons, No. 1, 10s to I.ls a case; I\o. (is to Bs. Oranges, Island repacks, 20s to 21s; Poormans, 3s to Us; Australian Ravels, 15s to 18s. FIELD PRODUCE.

Potatoes, Southern, 7a Gd to Ss Gd per cut; new, 2d to 4d per lb; onions, 10s to 12s per cwt: sprint:. 6d to Is a bundle; kumcrn. Island, lis Gd to Ms per cwt; luuranga. 10s to 12s Gd; cabbage, 2s to lis bd a bag; on benches. Is to 2s Gd a dozen: cauliflower, 3s to 15s ft sack; on benches, 2s to lis ft dozen; swedes, Is Gd to 3s Gd a bag; pumpkins, 4s to 7s per cwt: on benches. Gd to Is 3d each; beans, Is 3d to la 9d per lb; lettuce, Is to Gs a case; cucumbers, hothouse. 10s to 14s a dozen; vegetable/ marrows. Is Gd to 3s Gd; citron melons. Gs to 8s per cwt; celery, Is to Gs a bundlo; rhubjirh. 23 Gd to 3s Gd a dozen; spinach, Gd to lOd; radish, Gd; carrots, parsnips, beet and turnips, Gd to lOd; leeks. 2d to 3d a bundle; chokos, Is to is Gd a dozen. _ « DAIRY PRODUCE.

Hen eggs, A. grade, first quality. Is Gd to Is 7d a doze l; B grade, Is 4d to Is sd; duck eggs, A grade, Is Gd to Is 7d; B grade, is 4d to Ts sd; farmers' butter, Is Id to Is 4d per lb.

CHICAGO WHEAT MARKET. Australian and N.Z. Press Association. CHICAGO, July 8.. Wheat.—July, 1 dollar 22j cents per bushel; September, 1 dollar 27£ cents; December, J. dollar 33 1-8 cents, i