BUTTER FOR ENGLAND.

New Zealand Herald, Volume LXVIII, Issue 21037, 23 November 1931, Page 5

BUTTER FOR ENGLAND.

COMPULSORY MARKING. REGULATION POSTPONED. LONDON, Nov. 20. The Ministry of Agriculturo announces postponement of the compulsory marking of imported blended butter. The recent dissolution had the effect of rendering void the previous tablings of the draft order which cannot now become operative till April. NEW ZEALAND MORTGAGE CO. PAST YEAR'S RESULTS. The New Zealand Mortgage Security and Trustee Company, Limited, Christchurch, earned £1341 in the past year. With £235 brought in there is £1576 available. A dividend of 5 per cent, is recommended for the year,, absorbing £1133, and the transfer of £2OO to income tax revenue, leaving £243 to carry forward. Last year the company paid a dividend of 6 per cent.

N.Z. MALAY RUBBER. OAMAEU COMPANY'S LOSS. Like tho majority of rubber-producing companies, the New Zealand Malay Rubber Company, with headquarters at Oamaru, which paid generous dividends a few years ago, has had to announce a loss ,on last year's operations. Tho deficit amounted to £1741. The directors, in their 21st annual report for the period ending Juno 30, state that owing to the record slump in the price of rubber, tapping was greatly reduced, only 121,7621b. of all grades being harvested. For a portion _ "of the year a system of selective lapping was in force, in ojder to provide funds for estate expenses, bufc as the price fell to such a low level, it was found to involve less loss to stop tapping altogether, and the estate was put on a care and maintenance basis at a minimum expenditure. The paid capital of the company is £27,740.

STOCK SALES. NORTH AUCKLAND PRICES. _ The North Auckland Farmers' Co-opera-tive, Limited. _ report as follows: At Ohaeawai on Thursday we had f>n average yarding and competition was fairly keen in most classes. Pat steers, £5 15s to £7 2s Gd; fat cows, £3 15s to £5 Is; fresh cows, £2 5s to £3 4s; three-year steers, £3 Is to £3 15a; two-year steers, £2 2s 6d to £2 15s; yearling steers, £1 4s to £1 10s; yearling heifers, 30s to £2 12s 6d; bulls, £2 2s to £-1 ss; ewes and lambs, 7s 9d to 10s 3d; two-tooth wethers, 7s 6d to 9s Id. At Kaikohe on Friday we had a very small yarding and in most cases the bidding was not up to vendors' expectations. Dairy cows, £4 10s to £7; inferior cows, £2 to £3 15s; dairy heifers. £3 to £4 2s Gd; threeyear steers. £3 12s; yearling Bteers, £1 2s to £1 Gs; coloured steers, 15s 9d to 2Gs; wethers, two-tooth, 7s Gd to 9s 3d; ewes and lambs, 7s 9d to 9s Id. WAIHOU QUOTATIONS. The Co-operative Auctioneering Company, Limited, report:—At the Wuihou sale on Friday we penned only a small yarding of cattle and sheep. The low prices ruling elsewhere in the Waikato were fully maintained on all classes. There was an average yarding of pigs. Competition was dull at the beginning of the sale, but toward end prices for baconers improved. Stores and weaners again met with a good sale. Quotations: Fat hoggets, lis 9d to 13s- 3d; fat lambs, 12s 6d; fat cows, £3 to £5; killable cows, £2 to £2 9s; store cows, £1 4s to £1 12s;-boners, 10s to £1; yearling Jersey heifers, 14s to £2 10s; service bulls, £2 to £4; potter bulls, £1 5s to £4. Pigs: Choppenij £1 Ib to £1 7s: heavy baconers, 38s t« £2 Is; light baconers. 34s to 375; heavy porkers, 30s to 335; light porkers, 265. to 28s; stores, 23s 6d to, 255; slips, 19s 6d to 22s Gd; good weaners, 15s to 18s Gd; smaller weaners, 9s Gd to 12s.