COMMERCE & MINING

New Zealand Times, Volume XXXIII, Issue 7451, 27 May 1911, Page 6

COMMERCE & MINING

' THE SIT A. REM A RKET WELLINGTON STOCK EVI-V.XGE. TEST E I;DA Y'S QXJOTATXONS. MINING. T:!:u-k*.v:itf'l - M’lios-lO a.m., s £1 8a; 3.15, Kromiior'a FTeciioM —10 a.in., a 4(f; 3.15, a '"'(Joimiioii (Kiir.;ii'-:ahaUc)—lo a.in., s 2d; 5.1.3. » 2,1. ' Koromii IV 1 (-:’■. nian - , a la 10 ; 0.T5, a »-l. J £V.’etlV AL>*l" «il. a Is Cd. 1t.,1-:,. ; Mr-.- nit; River- in ii.m.. It 83 17*. 5 £3 K* 'fill -3.15. I) £3 Da. Nnv.- Svlvin-n I) 2s IDil. a os: noan. I, !N IM. - ;V; 3.15, b 2s IM. s J-. sales 2s "orcl'-knA"'floii-olitlatcii-lS a.m.. s 0(1; noon 50; 3.15, s 5(1. Old Hauraki (.. Mines-13 a .in.. 2a 45c 1. 2., 5.'! (ropoalctlt; noon, rales 2s fbd (ronorted); ,3.15. b 2s 3(1, s 2s 5(1, Saxon—lo a.in., b 2s, a 2s Id:'noon, s2 s Id: 3.15. It Is lid, s 2s. Tair'-a Minns-10 a.m.. bl= 7(1 sls On; noon, b i* 6(1. s Is SI: 3.15. b I* f.-l. s Is 7d. Ta.'rua Golden iTills—nnon. b Is 2d. Talisman Consolidated—lo a.m.. !• SSI IC. 6d s £2 IC* SU; noon, b £2 10s 6d. s £2 list 5.15, b £2 lbs 6(1. s £2 11s. Vb-.tori:: N.1,.—10 a.m.. s Is; norm, s Is, ■Waihi-19 a.m.. b £3 2s 9tl. “ S 3. 3s. sales £5 Js CCbanran: noon, b £3 2s sd. s X 5 Js (id; 3.15, I) £3 3-. » £3 3s 6d, sa'es £3 3s 3d Walh.i Extended —I'J a.m.. s Is 7d; noon. B 1s 7d; 3.15. s Is 7,1. IV.aihi Grand Junction—lo a.m.. b £1 (< 3d s .£! 7s 3d: noon, h £1 €3 sd; 3.15, b £1 7.5, s £1 7s 6(i. Waiotahi—lo a.m.. .« 2s 3,1; noon, s2s 3d. IVaituanci Con-olaiated N.L. —10 nan., v ?s Id. 3 2s 3d; noon, b 2s Id. s 2s 3d; 3.15. b Is Id. s 23 3d. Watchman—lo a.m.. sls 6(1; noon. »is Cd; 5.15, s Is 6d. ■Rose—lo a.m.. s 2s: noon, s 2s; 3.15. s 2s. Note.—The letter "b” signifies bnyora and "g” sellers.

OS OTHER EXCHANGES. , i’ILESS ASSOCIATION. .AUCKLAND, Hay 25. Business at this morning's call of the t>Lo„'k Exchange included: Sylvia, os. Occidental, 4id. 4d Victoria. lOd. Watchman, Is 6ch liaurakl, 2s 4d. Bendigo, 3d. Golden Croio, 10U Tairua Golden Kills, Is 2d Tairua Hines, Is 7d. Talisman, 56s 9d. WalLii, 653, Go.-' 3d, Mew Zealand insurance, 87s 5:1. Northern Coal. lUs t>d. Afternoon call: Mew Sylvia. ss. Kapanga. Cd. Tuuua.'Golden Hills, Is 3d, Is 2d. Talisman Consolidated, als, 50s 9d. Maihi, 65a 3d, 635. VVaihi Grand Junction, 275. Occidental Consolidated, 3*d. Tairua Clines, Is 7d. Auckland Trams (pref.), 25a SJ. Westport Coal, 29b , DUNEDIN, Hay 26. Block Exchange sales reported: Bank of New Zealand, £ll 16s 6d. Union Steam, 413. New Zealand Krug, 49s 3d. Hi I bum Lime, 40s 6d. Talisman Consolidated. 50a 6d. National Insurance, 35s 6d. Westport Coal, 28a 9d. LONDON. May 25. Sharcmarkot quotations include: Waihi Gold Mining, 60s (buyers). 62s 6d (sellers). Waihi Grand Junction, 26a 3d (buvers). , 973 6d (sellers). Talisman. 51s 3d (buyers'. 53s 9d (sellers). THE WAIHI MINE. PRESS ASSOCIATION. AUCKLAND, Hay 25. The Waihi Gold Milling Company, during .no four-weekly period ended Hay 15th, 1 crushed and treated 29.9.6 tons of ore for a return of bullion of an estimated value >f £:)£.170. The total value of ore won from the mine to date is £9,371.713, while dividends to date amount to £4,160.635. GOLD DREDGING RET LENS. 1 BESS ASSOCIATION. ~ , , „ , . DUNEDIN, Hay 26. Gold dreagms returns: Karaumii, 420 - Waikaia, 283 a 12dwt; Electric -No. 11., 260 z lOawt; Koputiu. 240 z 9dwt; Maaterton, 21oz jdwt; Central. Charlton. 14oz 2d\vt; Mystery i'iat. 9oz ladwt. J BANK OF NEW SOUTH WALES HALF-YEARLY REPORT. By Telegraph—Press Association—Copyright. (Received Hay 26, 10-5 p.m.) SYDNEY, Hay 26. At the half-yearly meeting of the Dank of Now South Wales - it was reported that the profits amounted to £204,573. to which must be added £57.342 brought forward from last year. A dividend at the rate of 10 per cent, was declared, £53,265 was added I to reserve, and £62,115 was carried forward. New capital paid up amounted to £13b,940, making the capital £2.913.820. Tho chairman stated that deposits—especially fixed deposts—wevo still on the increase, owing to the general prosperity and the accumulation of money awaiting investment. Bills discounted, loans, and advances showed an increase of £2.400.000, well spread throughout Australia aia«l New* Zealand. FROZEN MEAT PRICES Da-lgety and Co.. Ltd., .yesterday received tho following cablegram from London: "Frozen meat.—Hutton and lamb: Since last cable advice there is a fair demand! For lamb, prices are higher by ?,d; and for mutton, higher prices rule by from Ad to id. Considerable quantities are held for better prices."

MONEY MARKET HARDENS Tho Bank of England return this week disclose.' some strengthonins of the .stocks of co ln and reserve, and a rif.o of i per cent, in the proportion of reserve to liabilities. which stand;} a'. 5.1.76 per cent. The banks’ discount rate remains at 3 per cent., bat there ium been a bardenintT in tho i open money market. Three month bills • cott 5s more to negotiate, at 2 s*iC while “caU” money has gone itp 7s 6(1, to 17,Thco quotations, however, are very much lower than those ruling twelve months ago. No change is rc-orded in Pari? and Dcrlin discounts. On tho London Stock Exchange the Consols anti Austcaluiian Government stocks shov/ no quotable change. In tho general murkety blitter and cheese a»-o weaker, and grain is dull, speculation having c'.u -d. Mutton end lamb are in good demand at prices. At tho London wool .sales the tone ij good. hut at I.'radfo’al lop-making wools are rather inclined to sag, J'TX AXCTAL CABLES BANK AND STOCK EXCHANGE REPORTS. By Telegraph—Prc*?-J Association— Copyright. (Received May 26, 9.5 p.m.) LONDON. May 26. BANK OF ENGLAND RETURN. The Bank of England return for the week ended Wednesday, .May 24th. is as under: JsiUK T)*f*AllT*l«NT. Note Isauo lEm.SGJ.OOO Oiv.debt. Other securities .. 7,431.000 Gold.. ~ 37,114,00) £SS.:KiJ,UOO £53.563,000 JD.tfXI.VU DgPAKTMENT. proprietors’ Got. socurioapital £14.553,009 tisa £1t;971,C00 Public de- O the r a eposits *.. 15 030,000 euritiee .. 20.503,009 Other do- Notes .. 27,5.48 000 posits .. -10.554 000 C*itt .. l,:lti,000 Rest 7-day andothcr bills .. 3.201,00) £73,370,003 £73,370,000 Tho loading items of tho Bank of England return afford the following ccmpariThls week. Lust week. Lust year. £ £ £ Bullion ... 57,114,000 56.444,000 37,609,000 .Reserve ... 25.8C6.a:0 28.278.0C0 28,998.030 Note circtiTn 27.975.C99 27,873,000 29.121.C00 Deposits ... 55.613.0C0 55.132.0C0 59,081.000 Proportion of reserve to liabilities 51.76 51.27 49.6 CONSOLS AND AUSTRALASIAN STOCKS. Current quotation.-* for the Consols and Australasian Government stacks, compared with those of last week, and tho corresponding period of last. year, are:

"Interest payable in-, Way and -November tlnteres: payable in January and July. ♦ Interest payab e iu April and October 'THE MONEY MARKET. Tho Bank of England rate of discount remains at 3 per cent., to which it was reduced from on March 9Mi. A year ago the rate was 4 per cent. The open market discount rate for best three month bills is 5.; higher on the week at 2 5-16 per cent.; a year ago it urn® .3 9-16. Short loans arc 7s *6d higher a-t per cent.; a year ago tho quotation was 4. Tu t’ari? f ho open market discount rate remains at 2 per cent. (2 a year ago); tho Berlin quotation is also stationary at 23 per cent. (53 a year ago). GENERAL MARKET CABLES | By Telegraph—Press Association—Copyright. LONDON. Hay 25. BUTTER MARKET STAGNANT. Tho market is dull. English filling all country requirements. There is no demand for colonial makes, and prices are practicallv unchanged, but arc tending downwards. Large quantities are being stored. CHEESE. Market dull. New Zealand whit© is quoted at 53s to 58s 6d per cwt, and col-, onred at 595, a drop of 2a. GRAIN AND FLOUR. | Wheat—Markets dull. Speculation has; ceased owing to tho breaking un of the drought in Southern Russia and the enormous world's shipments now on’the water. Prices have a slightly easier tendency. Thirty-five and fourpence per quarter is asked for South Australian sailer cargoes. February shipment. 35s for March. 34* 9d for April-Hay-Junc. and 34s IOJd for New South Wale* March. There is a slow demand for Australian on the spot at 36s 6d to 36t 7d. New Zealand is quoted at 35s to 35s 6:1. Flour—Dull. Spot rjfice. 24a 9d per sack | of 2801 b: for forward delivery, about 235. I Oats —Scarce. Ga-rton.* 20s 6d to 22s per! quarter; Sparrowbills, 20s to 21s 6d. } SUGAR. | German beet sugar. BS per cent, net titre, { is Id lower at 10s 5d per cwt: first marks granulated, 2d lower at 12s sd. j BRADFORD WOOL MARKET. Tho Bradford tops market is quieter, with.l a slightly weaker tendency. j Last week’s price* wore: 64's. 27}d per lb; j niner 6Ts, 27d; common 60‘s, 26d; 56's, Z29,d; 50% 193 d: 46’s. Is*d: 40’s. 14Jd. j PRICES OF METALS. ' | Yesterday’s closing prices. compared with those ruling a week ago, were:— Silver—ln bars. 3-16 d higher at 24 9-16 d per ounce standard. Cooper—On the spot. Its 3d higher at £55 per ton; at throe months, 11s 3d higher at £55 11s 3d. Tin—For forward delivery, 30s lower at £l5B ITs per ton. Lead—Soft foreign, unchanged at £l3 per ton. Pig-iron—Middlcsbro* No. 5, BJd higher at 46- 1 r, d r?r t?n. Spelter—2s 6d higher at £24 7s 6d per ton. THE WOOL SALES By Telegraph—Press Association—Copyright, At LONDON, May 25. At the woo] sale thc/e was good business . and keen competition for crossbreds. MOUNT LYELL MINE RETURN. By Telegraph—Press Association—Copyright. 4 , MELBOURNE, May 26. Tho return from the Mount Lvell, mine I? r t t teof^ u 5 weolls onded May 17th shows that 28—19 tons treated produced 723 tons bhster copper, containing 719 ton.* of cop-Sf'-old 640 OUnCCS of silvor * and 723 ounces AUSTRALIAN PRODUCE By lalejraph Press Association—Copyright. .... f , SYDNEY, Mot 25. IVlieat w quiet. as holders are not desirons of poms business. Shippers quote 3s 3td to os 4d. and occasionally 3s 4»d, and millers to 3s 6d Flour. £8 10s." Bran and pollard, £5. Peas. 4s 9d to 5s 9d. Bar. ley—i Kstormn Cape. 2s 6d to 2s 8d: Enclisii. 2s orf to 2s 6d. Oats—Tasmanian gparrowbi!ls, 2s 10d; eiants. 2s lid; Algerian miilmp: 2s 7d; feedini:, 2a 3d. Maize, 2s ad to 2s 7d. Onions, £2, 10s to £3. Pota-

locs—Tasmanian rod.-kins. £6 ss; whites. , £5 to i. 5 10s: local. A 3 IGs to £b. Balter 935, Bacon, s'd to Cd. Cheese. Did to 6d. i .MELBOURNE. Mav 25. Hay—Manger sheave-, i. 5 to £3 10s; chaf ling sheaves, .c.2 to .€2 IC-: manger hay £4 to i. 4 103. A'hcat, 3s bUI. Flour, .£3. Oats—Algerian milling, 2.; Id, 2s lid; r-tou white. 2s D*d. Barley—Caro, 2s 6d; feed. l is Bd. .'da7.e. 2s 4d. Bran and pollard, sd. Onions. £2 j-i to £3 ss. Potatoes, £5 lo £5 12s Cd. ADELAIDE. May 23. Wheat. 5s 4id to 5s scl. Flour. £7 IC-. Bran and 'pollard, told. Oats- Algerian feeding, 2s 3hl. Potatoes and onions arc? quiet and unchanged. , .UEEBOL'RNE HIDES .MARKET. MKLBOURNE, May 25. j On tho hides market to-day prices were! unchanged for best qualities, fcjlappv ami I Western District lots si'.owed a slight de* ! Tho range of j:r>c*7 last week was: Victorian kip, well ilayccl D;d 10 Gid, .-cored , or s-oppy old to Sid; light .wc-ighLs. well j J’.aycd Did to Co. scored or sloppy S.'.d t-o j Shi; muliun; weights, well Hayed DUI to 1 o ( -:d. scored or slonpv s } ',d to Sid; heavy! hido.t (no substance;, well hayed Sid to,' 6Ad, scored or sloppy old to Sid: heavy*) hides (stout), well {laved 6-hi to 2d; cab skins (light), well Hayed 7!~d to 7M; call .skins (heavy), well Hayed Sid to Od. !

FRUIT AND PRODUCE

WELLINGTON MARKETS. The high values which have ruled for apples both last week and early in tho present week have resulted in much larger supplies arriving here, and from further afield sburccs. Although there has been a heavy demand, the market has - n'lc; gone a dec.ine. At the tame tun? values ruling arc very satisfactory. Auckland has exploited tho market to a fairly large extent this week, naving been attracted oy the strong state of our market, in pravV.cadly every instance dc-'-otrt varieties utv ing been scut down for sale. Cookin:; apples have also felt tho effect of freer supplies. Pears are still experiencing a good outlet, but riio large quantity avaPable at yesterday’s sales from Australia and Tasmania has aavcr.seiy o market, at all events temporarily. Higher rates should rule early next week. A good percentage of the fruit opened up -\\ bad order. A moderate quantity cf man daxins and lemons from N.S. Wales arrived by the Sydney steamer-on Thursday, and although the fruit was somewhat ‘Oll the immature side. It experienced a strong inquiry. As tho season progresses the fruit will bo in a mere matured condition. The Manuka, from Rarotonga direct, arrived well up to time on Thursday wun a cargo 01 oranges and bananas, which general’;.opened up ia cxcel ent order. A good outlet was experienced for both- description.; of fruit. A marked feature now of the shipments from the Cook Group is tho absence of “native ’ cases, i.e., cases made with one or two inch wide sticks, instead of the regular size batons. This points to more care and attention beiug bestowed by shippers and the recognition by them 01. the better value ootained by proper pack ing and casing. A further shipment, of bananas is duo to-day from Fiji, pet Navua. Owing to tho late departure ot this steamer from Suva, this vessel is only making port to-day instead of Thursday last, which will entail the fruit leing fyeld over for sale until Mon'lay. , ■if i.onrn'.. paper, reporting upon the last shipment of Fijian bananas to that city, commented upon the fact that of a cargo of abotu 23.000 bunches, fully 50 per cent, of th* fruit was overripe and next to unsaleable The fault was largely due to the shippers who, instead of sending a moderate cargu of about 15.000 bunches, filled every portion j of the bolds to their utmost capacity. £•„ closely were tho bunches packed that ventilation was next to impossible, and of the fruit that arrived in better condition, the great bulk of it. was taken from the space*, near the ventilators. Apples, choice colourfed dessert 10s to lls case, prime 7s to 9s. •Cookers prime 5s 6d to case, good 4s to ss; grapes, choice hothouse Is 6d to Is 9_». Ib: pears, choice dessert 10s to 12s case prime 7s to 9s. stewing 6s to 8s case; Capo gooseberries 3d to 3id Ib; lemons (locals) 6s to 6s cane; passions 4s to os box; tomatoes arc practically done for the season. POTATOES AND ONIONS. ,

Potatoes are still in plentiful supply locally, and reports from the south indicate that business in that quarter Is very quiet. On account of this a great deal of attention is being paid to pitting the produce. It is predicted, and it naturally must fellow, that operations will again soon assume their normal volume. Immediately this takes place, no doubt,values will take an upward tendency. Reports from Victoria go to show that there U a larg-r. quantity of indifferent and blighty qualify' potatoes in that State, and vali;es quoted are much above what would permit oi business passing from here with Melbourne. Moderate quantities of onions arc arriving each week from auelbourne, and the produce is opening up in good order. Values iu that city have kept steady now for a considerable period. The crop in Victoria this season has been very heavy, hence the low state of the market in that State. The crop in Canterbury has also been very heavy, but despite this, operations continue to be. made with .Victoria. Potatoes, prime £5 to £5 10s, inferior £4 to £4 10s rev ton; onions £4 os to £4 15s per ton. OTHER VEGETABLES.

Tho demand, taking the market all round, is very satisfactory. A good outlet is being met with for fresh French beans, cauliflowers, and mushrooms. Cauliflower-, choice heavy 7s to So sack, prim© 4s to 6s; cabbages, choice 5s to 7s sack, prime 3s 6d to 4s 6d: lettuce 2s 6d to 4s case; parsnips 3s to 4s sack; marrows 3s to 4s sack; pumpkins 4s to 5s sack; French beans, choice 7s to 9s half-sack, prime 4s to 6s; swede* 2s Cd to 3s cwt: mushrooms 3d to 3£d lb; beetroot, 3s to 4s sack. EGGS, For some little time past supplies of fresh eggs havo been arriving freely. During the past few days, however, tho volume available has been much reduced, and values arc slightly firmer at Is lOd, with preserved at Is 3d to Is 3d dozen. POULTRY. The demand keeps at a good level, and pnpphes are offering freely. Good young ( roosters 4s to 4s 6a pair, fair conditioned I 2s 6d to 3s fid pair; hens, good heavy 3s 6d to 3s 9d, fair 2s fid to 3s. Ducks 4s to 5s pair; turkeys, gobblers ISa to 20s liens j 8s to 10s. La cry and Co., Ltd., Wellington, report wholesale prices ruling on the market as I under Wheat, good whole fowl's. 4s to [ 4s Id bushel; oats, good feed. 2s lid to 5s i Id ; oats, duns 3s 2d to 3s 4d; oats, seed [ whits 3s 3d; oats, seed Algerian Victorian 3a 7d; ryo corn. 3s 10d; maize, 3s 2d to 5s I 4d; fowls’ barley, 3s 3d; Cape, 3s 6d; crusli--1 ed .malt, 7s 6ii; partridge peas 4s fid to 4s 9d; pollard. £7 5s to £7 ICs per ton; bran, £5 15s to £6; flour. Atlas £9 5s fid; chaff, oaten sheaf £5 15s to £6; rice flour, £6 per ton; rice meal. £5 per ton; potatoes, table £4 10s to £5 10s; onions. £4 10s to £5; molasses fodder, £5 5s to £5 10sbonedust, £5 15s; basic slag, £4 5s to £4 10s; superphosphates, £4 15s to £5; oatmeal £l4 103; rolled oats, in 4*s 8s 6d dozen-* cheese, med.hira-sized 6id to 6\d per lb-* cheese, loaf 63d to 7d per lb; butter, prime bulk lOd to lid; fresh eggs. Is l()d per dozen; preserved eggs. Is 2d per dozenhoney, 55’s bright 4d lb; linseed nuts 13s IMI- cwt; Imsoett cake, crushed ISs 6d’ per cwt, bacon, sides 73d per lb; bacon, rolls B£d per lb; hams, B£d per lb; fowls, hens 3s to 3s 6d, young roosters 2s to 4s; duck*. 4s fid to ss, all at per pair; turkeys, gobCANADIAN WHEAT CROP. By Telegraph—Press Association—Copyright. „ VANCOUVER. May 25. The Canadian wheat crop is estimated at 2M,0:3.C00 bushels. ■ A NEW CROSS WHEAT. By Tal w.raph—Press Association—Copyright. MELBOURNE, Mar 25. Tho principal of tho Agricultural College at Dooldo South, where is situated the Government experiment farm, has succeeded in producing a cross between Federation wheat and another wheat, which *urpa.tses the yield ©f tbc former by several bushel* to th« acre. WOOL, SKIN, AND HIDE SALES. SPECIAL TO THE ** TIMES.** PALMERSTON NORTH, Hay 26. Abraham and Williams, Ltd., report: At our Palmerston North skin sale wo offered a good catalogue to a fair attendance of buyers. Woo! and skins sold well un to late rates, but hides showed a slight drop. We quote—Wool: Crossbred, 7d to 7id;

1 Limbs. CM to 7irt; dead, Shi to 7Jd; pieces, I 53d to 44<1; crutchlngs. Hd to Did: locks, ! t‘d* Mock. 3M. .Skins: Crorsbred fine, 62d i i'. 7id- cros-bred butchers, 6UI to 53d; ! medium, 4id to s;d; crossbred i (j-vinr.t-o 1 to 4d; quarter to haifhrcd ■ wools. s«d: pelts, sjd; lambs, fine. 7’d; : i-im)--' nruJiurn, s'd to c\d: lambs' pells. 1 3 id • -i hr-xl yr-cr-n heavy, 5s 2d ro 7s 4d; crossi.jvmi n’cd'um. 4s Id to 5s Id; crossbred . rjcHn 2- 5d to 4s: black, 2s 9d: lambr.’ 1 is 5d to 2s 3d, crossbred l ..'Utsd 2s 6d to 4-; 3d; calf, 7d to 7’d: calf, Rifr-ov. 4d • vear’ings. Old to 53d. Hides: ; No hcavv ’ox" offering; medium. 6kl; light, •O'd- cows, lioav, 6Jd; medium. 6d to 6fid; ! light. SUI to SLi; cows. cat. 4;’d; bulls. sd; ! 3-*e>i*ers “ami steers sjd; horse. 8 s; tallow. lin tins, 24s td; tallow, in casks 265; 1 horsehair. Is 5:1 to Is 9cl: cow tails, Is 6d | per dozen; horns, 2a 6d- | | LIVE STOCK | AUCTIONEERS ? REPORTS. i f SFAY ZEALAND LOAN AND M.A. CO.. ) LTD. : SM-ntford —\t our fortnightly sale on I Tuc---'N'’ tho yarding exceeded the adver- ; tic-'d -u’mb'orc. thcra being 753 cattle ana cv -os of which 447 head of cattle | ..,,1 ewr. ‘were sold. Prices wore much I firmer frx ™aod weanerrs and good dairy forI W ard cow- both of which met with keen comI petition from numerous buyers, while store ?tc°rs were nc"‘cctcd. and backward store I cows were nothin as good derrtand as la-tc-|lv altlioug’i what *wo yarded were nis- ! tinned of at full market value. The foliowfng prices were realised: Weanera, ! h-ckvrard and low condition, 13s to 20s; fpirlv -well grown, from 22s to 265. ore good line from Waipuku (mostly «tiors) bebig sold at 29s fid. and a nice ;'; nC! 0 f j,r>p-,weaner licifcrc at 43s 6d: .Verhov heifers from Denbigh road, at 475; store*” cows small and low condition, das to 55.-; medium weights, 55s to 70s fid: fat and forward cows. light 90s to 97s 6d. a nice lir.c of fate soiling at 102 s: dairy cows, up to U6s. fat heifers, from 90s to 07-; fid; heifers in calf (good). «y to 112 s 6d: fair to medium heifers. 105 sto 1103; 18 to 20-month heifers. 63s to 70s 1 fid; bulls, from Eos to 87s. while one pedigree Ayrshire bull fetched 130 s. . , AplU.—On Tuesday we had a fair yard, ing of both sheep and cattle. Sheep sold i-tA ™tc*. and cattle went off well. 'Kvo-tooth wethers (small) made 9s 9cl, ewe f-ribs ("pod) 7s id, ewo lambs (medium) 5s M* Tauibs 5s 4(1. two-tooth ewes i in’ lamb lls Id, aged owes 3s Id to 5s 3d, ; ..nr-h ewes 7s 4d. three-year heifers in ; ZA I f >4 lls to £4 13s, 18-month heifers m 1 -Di <2 19? to £3 ss, good tveanor heifers ; "•/>- 6d good mixed wcanors 25?, store cows 1 I.':. forward cows £3 15s to £4 9s. fat i cNv j AS 6s. Ec : U : tig-—Yesterday we had a heavy eni - ?heep. tho onalit-v not being too I good. srUe’r herns effected at rather re- ' ducod rate?. "U r c placed a number of our pens at. ruling rates. V.*o had a fair entrv I of -cattle, which also sold up to late rates.

! DALGETY AND CO.. LTD. j jOV i n .—yesterday wo had a large yarding of ahoop, which met with a dragging sale, hut we cpiUcd Hie bulk at satisfactory prices. Cattle came forward well up to advertised numbers, and ’some verf- fair fat bullocks were penned by Mr J. R. McDonald. Wc quote: Fat owe?, 14s lid. ,12s 9d 12s. fat lambs IQs. 9s Id, two-tooth wethers (small) 10' fid. ciiipt.v ewes 7s. ss, 4s Gel. 4s. fat bullock? £9 10s. fat cows £5 1C?, fat heifer? £5 2s 6d. 7s 6d, £4 Is. heifers in calf £5, £3 2s, store cows £3. £2 ICs. two-year nt-eers £4. Ekctahuna.—Tc-tordaj" we had a fair yarding of sheen and cattle, the sheep on the whole ‘ be ; n> of very poop quality. ■\V-3 made a total clearance at late prices. Quotations: Mixed aged ewes 6s to 9s 3d, two-tooth wethers (poor) 7s 9d to lls 9d, mixed lambs 4s 2d to fis 9d. apeyed 18month heifers £2 13s fid, springing heifers £4 l?s fid to £5 I*s. Foilding.—Yesterday we had a fair yarding of sheen and cattle. Two and fourtooth wether? made 10s 2d. two-tooth ewes in lamb ICs Bd, s.m. ewes 6s 2d, fat lambs Kl=, wether lambs ss, springing heifers £4 15s. springing cows £7 15s, Jersey weancr heifers £2 6s.

Palmerston.—On Thursday a very pood yarding of bath sheep and cattle came to lland. Sheep -were in rather better demand than the previous week, and we disposed o£ the whole entry- with the exception of two small pens Cattle wore not eagerly competed for. and the majority of lines went unsold. Quotations: Mixed ape ewes 4.=» 5d to 4s lOd. empty ewe? Ca Ed, 6s 9d. ICd, 7s 2d. 7s 8d to Bs, forward ewes to 9s. sound-month ewes in lamb to Cs, f.f.m. owes in lamb 9s to 11s, 4-tooth ewes in lamb 1o 12s 3d and 12s 4d, pood fat a-ud forward wethers'to 14s 2d, forward cows £4 ss, 2-yenr heifers £3 2s 6d, light fa.t cows- £4 ss, 2-year steers £2 15s. cows in calf £5 11s, £6 IDs to £6 17s 6d,

ABRAHAM AND WILLIAMS, LTD. Levin. —On Friday wo had good yarclings of slieop and cattle. A rather better demand exi?torl lor sheep.''And with the exception of two pens tho whole yardingchanged hands. Cattle sold very much better than lato rates, and we have to report a total clearance at good prices. Quotations: Fat wethers (light) 15s Id to 15s Pd, two-and four-tooth wethers 13s Id. fat ewes 12s 2d to 13s lid, forward empty owes 8s 9d. four-year ewes in lamb 9s 6d to 10s 6d, two-tooth owes in lamb Its 9d, fat and forward lambs 9s. store lambs 5s 6d to 6s. store ewes 4g 10d to 6s Id. twoyear steers £4 to £4 2s. 15 to 15-month steers £3 2s to £3 ss. fat cows £5 5s to £5 17a, springing cows £6 7s 6d to £B. heifers in calf £5 7s to £3 18s, .weaners 25s to 32s 6d. store cows £2 16s to £3, bulls 37s 6d to £3 53. WELLINGTON GUSTO-MS. Tho Customs revenue received at Wellington yesterday totalled £3091.

INVESTMENT STOCK Amors, Scilc o Sa!ei £ s. d £ sd. £ a, d. BlNltB— National of N.Z., Ltd 5 19 0 6 0 0 Sew Zealand ... — 11 17 6 — FlMAis'CIAIr— Rfcl'n Trust Loan, Ltd — 7 16 6 FVel'n Deposit and . Mortgage Ass'n, 0 8 3 0 8 9 - GAS— DhriatotTcli, £5 ... 9 15 ‘0 9 17 6 .Wellington, £10... — 19 0 0 — MEAT PRSSEHV1NO— Wclling’n Meat Export, £4 — 5 5 CWelling'n Meat Export. £2 12s 6d ... — 3 6 0 _ SHIPPING— Union Steamship — 2 1 0 — ’ MANUFACTURING— fVelling’n WooTn. preference ... 3 0 0 COAL— Pauplri 110 Westport 1 S 6 1 3 9 — • MI3CLLLANLOU5— Leyland O'Brien Timber 17 0 Miramar, Ltd. ... — 0 2 6 N.Z. Drug Co. Ltd £2 — 2 9 6 2 9 5* Shari and and Co. Ltd., preference 14 0 _ _ Taranaki Petroleum, £1 pd ... 0 17 6 0 IB 0 0 17 6* Ward and Co. Ltd 5 0 0 U IB 0* ♦Deported.,

Stock. Thisweek Last week Last Year. r) £ d. d. s?4% Imperial Consols 81 r. 81 5 0 82 0 0 4 % New Zealand 1 * .. 10-1 0 104 0 0 106 10 0 8J% New Zealandl . 98 0 98 u 0 98 0 II 3 % New .. 80 10 0 80 JO 0 87 10 0 4% New South V s * ales 100 0 0 100 0 0 107 0 n 96% New South Wales 90 fl 0 0 0 90 0 0 3% New South Wale 87 10 0 87 JO 0 88 10 4 % Viotoiia .. - le-t 10 1U8 il) 0 108 10 0 3£% Victoria 0‘) 0 91 0 0 99 10 u H % Victoria -. .. 80 II 80 0 0 87 0 0 3.4% fcuulh Australia 99 0 0 99 0 0 99 0 0 3 % Sontb Australia 82 10 0 10 0 84 10 0 4 % Queensland 100 if. 0 108 10 0 101 10 3i% Queensland 98 0 0 98 0 0 90 0 0 3 % Queensland 80 U 0 80 so in 0 96% West Australia .. 97 0 9/ 0 0 97 10 0 9 % West Australia 80 10 U 86 10 u 87 n 34% Tasmania .. 97 10 0 y; 10 0 99 10 () 3% Tasmania .. 30 0 0 80 u « 87 0 u