COMMERCE AND FINANCE

Otago Daily Times, Issue 20322, 2 February 1928, Page 16

COMMERCE AND FINANCE

dWEEKLY MARKET REPORTS,

Burnside, February 1. Fat Cattle.—About 240 head were , yarded. There were very few extra prime "heavy bullocks on offer, the great proportion of the yarding being made up of medium-weight bullocks, with the usual supply of well-finished cows and heifers. The sale was slow, but prices ruled on a parity with last week. Prime bullocks made £l4 to £l6 7s fid; medium bullocks, ill to £l2 10s; light bullocks, £9 10s to £lO 10s; prime cows and heifers, £8 10s to £ll 2s fid; medium cows and heifers, £7 10s to £8 7s fid; inferior and old, £o to £6 15s. Donald Reid and Co. sold: For D. Ireland (Mosgiel), 2 heifers £8 16s; Peter Robertson (Outram), 1 bul- ' lock £lO 15s, 1 cow £B, 1 heifer £7 10s; A. G. Paterson (R. F. Sim, agent), 1 heifer £8 2s fid; E. Ottrey (R.. I'. bim, agent), 1 heifer £7 10s; E. Hams (R. *. Sim, agent), 1 cow £9; A. Lindsay (Allanton), 1 heifer £7, 2 bullocks £l2 os, 1 heifer £9 10s, 1 bullock £l2 2s 0d; J. C. Renton (Mosgiel), 2 bullocks £l2; executors late William Kirk (Mosgiel), 2 bullocks £ll ss; T. J. Gawn (Mosgiel), 2 bullocks £l-2 2s fid. 2 bullocks £lO 10s: Hunter Bros, and Rice (Wyndham), 2 ■bullocks £l6 7s fid; account B. Ross ana Sons, 2 £l4 2s fid, 3 £l2, 1 heifer £ll 2s 6d; J. S. Fleming and Co. (litiroa) 1 ibullock £ls ss, 1 £l3, 4 £ll 17s fid, 3 £ll 10s, 3 heifers £9 17s fid; Alexander bcott l(Burnside), 1 bullock £ll 10s, 1 £9 1/s 6d; client, 3 cows £9 1 £7 bs fid. *The Otago Farmers’ Co-operative Association of New Zealand sold: For Southland Farmers’ Co-op. (Invercargill), as ■agents, 1 bullock £ls 7s fid, 1 £l3 2s fid, « £l2 15s, 2 £ll ss, 4 heifers £9 15s 1 ‘£lo 7s fid, 2 £9 7s fid, 1 £7 15s, 1 £7 10s; -George M’Leod (Owaka), 1 bullock £l2 ff7s fid, 1 £ll 15s: J- C. Kenton (Mosgiel), 1 bullock £l2 ss, 1 £l2, 1 £ll 12s 6d: William Lindsay (Allanton , 1 bullock £l3 15s, 6 heifers £9, 4 £B, 1 £8 10s; Hobert Wilson (Riverside), 1 bullock £ll 10s: James Kirkland (Middlemarch), 2 ibullocks £ll. 1 £lO 2s fid, 1 heifer £9 2s 6d, 2 £8 15s, 1 £7 10s, 1 £7 2s fid, 1 £6 ss; trustees late James irceman Abbotsford), 2 bullocks £10; D. Ford (Alianton), 1 heifer £7 17s fid; A. Scott (Burnside), 2 heifers £B, 1 £7 15s; M . Wilson i(Papatowai), 1 heifer £7 ss, 1 £6 2s fid. Wright, Stephenson, and Co, sold: For T. A. Fleming (Grove Bush). 1 bullock £l4 17s fid, 1 £l4 ss, 1 £l3 1 2s 6<L - £l2 15s, 4 £ll 17s fid, 3 £ll 1»b. 1 £ll 2s fid, 1 heifer £9 10s, 1 £9 ss, 1 £8; W. E. Hunt (Wallacetown), 2 bullocks £l4, 2 £l3 10s, 2 £l2 2s fid. 2 £ll 7a: fid; W. Lindsay (Allanton), 2bu locks. £13 15s, 1 £l2 7s fid; Mrs W. Kirk (Mosgiel), 2 bullocks £l2; D. Sanders (Outram), 1 cow f 9 17s fid; J. Davidson (Mosgiel)- 1 heifer £8 12s fid, 1 £7 2s fid; A. Walker KOutram), 1 £8 12s fid; J. Martin (East Taieri), 1 cow £7 2s fid; A. Scotty and Sons (Burnside), 1 cow S. Grainger (Allanton), 2 cows £6. gety and Co. sold: For T.. J..Gawn (Mos*iel), 2 bullocks £11; William Lindsay *7Allanton), 1 £l3 10s; trustees late W. Kirk (Mosgiel), 2 £ll 10s; .Harry NapTand (Maheno), 1 heifer £7 10s. -New Zealand Loan and Mercantile Agency Co. «old- For W. T. J. Gawn (North Taieri), 2 bullocks £l2 Ssj Alexandcr Gow KOutram), 2 £ll 7s fid; James howler i(Mosgiel), 1 cow £ll 15s; John-M Manus l(Tokanui), 2 bullocks £ll ss; a elient, 1 heifer £lO ss; George Grey (Clarendon), 1 bullock £lO 1 heifer £9 jb; James M'Grouth (Milburn), 1 heifer £8 10s. The National Mortgage and Agency Company of New Zealand sold: lor K. Kirk (Mosgiel), 2 bullocks £11; C- Carme (Mataura Island), 1 cow £lO 12s fid, 1 £9 17a 6d, I£B 15s, 1 , £B , 5s .-_ 1 9 £7 R i os, - n 2 £7 2s fid, 1 £8 12s fid, 1 t 7 Js fid, D. Ireland (Mosgiel), 1 heifer ll iSs. Stronach, Morns, and Co. sold. For J. S Fleming and Co. (Titiroa), 2 bullock 5s 9 £l3 2s fid, 2 £l2 15s. 4 £.12 10s, 2’heifers £8 15s; A. J. K®ll--2 bullocks £ls, 2 £l4 15s, 2 £l4 G S Wilson (Glenomaru), 2 bullocks £l6 17s fid, 3 £l6 2s fid, 2 £ls ss : William Kirk (Mosgiel), 2 .f 11 . “ 5 .?2 C. Renton (Mosgiel), 2 bullocks £l2 1--6d- G. T. Alexander (Lauder), 1 bullocK E 7 5s 1 ffi- G. A. Francis (Lauder), 1 heifer £4 10s; W. J Alexander (Lauder), 1 heifer £8 ss. 1 £B, 1 heifer £7 17s fiJ, 2 £7 12s fid, 1 bullock £7; A. Scott (Kutnside), 3 bullocks £l3, 2 £ll 531 lcn l s ’ 2 heifers £8 15s, 2 cows, £8 KJs. 4 cofs £8 7s fid, 2 heifers £B. 1 cow £B, 1 £7 . s. Store Cattle.—The yarding of JOO beaa teas the largest for some time, and several pens of good bullocks were included 4- the entry. The remainder of the yarding consisted of good Quah y cows Lid heifers, and a large: numbei o .b° ners, prices for which receded slightly- Con mdering the large entry, bullocks sold ■“S. and the following prices were realised:—Three and four-year-old bullocks, *lO to £ll 4s: l wo and three-year-old K ee £6 ’ 15s.— Refd° anYco. 6 gd: ilfllpnesk). 1 cow £4 12s fid, 1 mill to ir,. William Jobb (Parkston), 1 cow il 16s; Stephen Mills ( A surst), 1 cow 5- ® r.r J. «««'>,( "S’ il 1? B ' 1 £4 12s fid, 1 £5 19S 1 vealer £2; Robert Wilson (Riverside), 2 steers £9 19s. 2 £6 17s fid, 1 heifer £7l*.» ifi 16s fid, 1 cow £5 17s fid, 1 John Nicholson (One Tree Farm)^ . 2 25s- William Lindsay (Allanton), 1 cow ~,0 1 IB il« 2 £6 7 £4 10s, 1 heifer 14 T l M , GimpW (Otiake), 1 cow £8 12s 6d l’£6 9s, iTs 2s fid; C. Hazlctt (North Taieri) 1 steer £7; George M’Leod KChatto 5 Creek) ft S hXs Lo iQa 1 cow £4 ns; John MDsiman HWj'dhin) 7 cows £5 Ids, 1 £4 10s: B l-lient 1 cow £3 19e, 3 yearlings £3 2s, a, Taicri client, 2 vealers £lj lan Ross KFairview), 1 cow ffi 15s, 1 ■'• s, .^,£ o i vs £4 7e, 2 vealers £2 19s, 3 £2 15s, 4 £2 Bs, 1 £2 Is; a Burnside, client, 1 Mr M’Lncas (Otiake), 1 OTW s**. an Owaka client, 1 cow io 0 £4 10s; Thomas Maxwell (Dunedin), 1 £4 2s fid, 1 £3 15s, 1 £3 10s; a client, f cow £5 Is; George Poulter ( Sawyers Bay) 1 bull £7 2s fid; a Central client, 2 bulls £6, 1 £6 10s. 1 £4 12b fid; Wilson Bros. (Woodend). 7 cows £5 16b. 1 J; Wright, Stephenson, uiil Co. solU. For E. Russell (Kelso), 1 cow £8 os, 1 bull £3 15s; E. Jensen (Caversham), 9 cows £7 7s fid; D. Maxw-cll (Otokm), 1 cow £0 12s fid, 1 heifer £4 10s. 1 £4 2s 6d 1 vealer £3 ss, 3 £2. 217 s; W. Crawford (Kelso), 4 steers £6 12s; J. C. Mouat l(Purakanui), 1 heifer £6 Is, 2 £6, B. Percy (Sawyers Bay), 1 heifer £o ss, D. Johnston (Wait.ati), 1 heifer. £o -JPark (Kelso). 1 hull £5; client, 1 htiier £4 13s 1 £4 17s fid, 1 £3 10a; J. Waldic KHalfway Bush), 1 heifer £5, 1 £3 7s fid, 4 Leers £4 17s fid: N. Perry (Alexandra), 1 steer £4 2s fid: J. Proctor (Mormng■Hon), 1 heifer £3 10s; T. Schofield (Saddle Hill), 1 vealer 30s.- Dalgety and Co. Bold: For E. Jensen (Caversham), 11 Leers £6 9s; J. Clare, pin. (Galloway), 1 .£8 15s, 2 cows £3 15s, 2 £3 3s. 1 hcitc h 4 yearlings £2 15s, 1 bull £8; Mrs Emma , Harris (Maungatua). 3 cows 4 12s fid; Thomas Johnston (Allanton), 1 calf los. New Zealand Loan and Mercantile Acencv Co. sold: For George Grey (Clarendon), 3 bullocks £7 a ehont, I f 9 4s 1 cow £6, 3 neifers £4 2s fid, Mrs K’Harris (Manngatua), 1 cow £5 10s, 1 6s. Tbc National Mortgage and Agency Company sold: For Moeraki Estate (Hampden), C steers £6 19s, 3 cows £4 18s; client, 7 bullocks £ll ss, 7 £ll 2s fid. 7 £9 15s, 3 £9 Is, 1 heifer £8 5s 2 £7 17s fid. Stronach, Morris, and Co. sold: For W. Ward (Middlemarch), 1 bull £lO 12s fid, 1 cow 11. 1 £5 11s- Mrs H. M. Boyd (Stirling). 9 bullocks £9 15s; T. Push (North Taion). 1 heifer ffi, 1 calf £2 2s; a client, 2 steers £3 19s; J. L. Clarke (Leith Valley), I cow £2 17s, 1 calf 265; James Thompson UMiddlemarch), 1 calf 265, 1 235. Bsiry Cows. —Donald Reid and Co. sold;

local; and overseas markets.

For Mr s John Turnbull (Midillemnrch), U cow £9 12s 6d. The Otago Farmers’ Cooperative Association sold: For George Wroblo (Allanton), 1 cow £9: Thomas Davey (Fairfield), 1 heifer £8 15s:_ Faulds Bro?. (tireou Island), 1 cow £8; Mhomas Maxwell (Dunedin), 1 heifer £8; John Black (Mataura), 1 cow £6 15s, 1 ss, 1 heifer £6 ; Hope Bros, (Nenthorn), 1 cow £6 7s fid, 1 £6 ss, 1 heifer £5 15s. —■ Wright. Stephenson and Co. s old: For I. Maxwell (Princes street, Dunedin), 1 heifer £8 5s 1 £5 15s; J. C. Mouat (Purakaiuul, 1 heifer £8 ss: Mr, D. Morgari (Maon Hill), 1 cow £7 12 6s, 1 £6 17s fid, 1 £4 10s; S. J. Pringle (Seacliff), 1 £7 10s, 1 £7 ss, 1 £6 10s, 1 £6 ss; G. Donaldson (Caversham), 1 cow £5 ss.- -Stronach, Morri s and Co., sold; For J. L darko (Leith Valley), 1 dairy heifer £B, 1 £6 U, fid • \V. J Kcast (Middlemnrch), I dairy cow £6 10s, 1 dairy heifer £6 2s fid, 1 dairy cow £3 12s 6d. Calves.—Donald Reid and Co. sold: For J Duthic (Waihola), 1 calf 335, 1 20s; J. Ford (Pino Hill), 1 l?s 1 10s 1 6 S 6d; J. Buttar (Upper Junction),l 21s, 1 14s, H. Dunn (North-East Valley) 1 12s, 1 12s, I 11s; A. West (Brighton), 1 355; Mr s A. Brinsdon (Brockvillo), 1 18s, Baird (Momomi), 1 4s 6cl. The *-*tn„o Farmers’ Co-operative Association sold: For J. B. Hagen (Milburn), 1 calf 245. I 22 s 1 14s- Oliver Crawford (Omimi) 1 ™lf 22s l’l7s 1 15s; D. M’Grogor (Milburn) 1 calf 21s: M. Allan (Qmira.) 17s; H. M’Ncill (Milburn), 1 15s; E. Ldton) 1 13s; T Bar Mord (WylHe’s Crossing). i ii; Wright, Stephenson and Co. sold: For W. G. Mackay (Berwick). 1 F- Vatpy (Green Wand). 6.T M Cleary 1 12=;' W M’Kcnzio (Windsor), 2 r "““IkTrlE & rs co£t Of the butchers 1..v..jf gag-" "Fvtra heavy wethers made to 4IK i heavy wethers, 35s to 38s: prime, 31s to UJ. lieht 23s to 30s; unfinished, 20s to 2& good heavy owes 28s to 30a; heavy. 25s to 275;, prime, 22s to 245, h =-j to 21b; uufinißhcd. 13h to 18s. Reid and Co. sold; For Exors. late J. Shcnnan (Berwick). 3 wethers 30 s 6d ’ James Gardyne (Milton), 2 ewes> 30b, - 20s- H. D. Wilson (Ida Valley), It wethers 295. 14 25s 6d, 17 Thom-is 265, 8 23s 3d, 2 owes 22s 3d, ihornas Lochhead (Kaitangata), lo wethcis 2Js 3d- James France (Milton), 10 ewes 27s 3d;’ George Scott (Taieri Beach) .1 wetter 2(k 1 ewe 18s; J. H. Jaffray (Milton), 5 wethers 265, 10 ewes 265: Robert Hamilton (Wylie’s Crossing), 16 wethers 245, 18 235, 7 ewes 15s; James Luldlc (. l a1 , ( ? r . 1 Be-iehl 1 ewe 17s 9d; Fred Driver (Mihiwaka) .’8 ewes 14s 9d; J. S. Fleming and Co. (Titiroa), 12 ewes 12s, 1 6s.——ilm Otago Farmers’ Co-operative Association of New Zealand sold: For J. Dunlop (Tahakopa), 5 wethers 34s fid; George M’Leod (Owaka), 19 wethers 27s fid, 2 ewes 17s 6d, pen 11s; Fred Jones (Brighton). pen ewes 21s 6d, 7 17s 9d, 7 16s 3d; J. Douglas (Mosgiel), 20 ewes 24s fid; J. B. Hagen (Milburn), pen ewes 13s 3d; a client, pen ewes 22s fid. ——Wright, Stephenson, and Co. sold: For G. Crawford (Pukerau), 24 wethers 40s 3d, 17 375, 16 35s 3d, 4 ewes 265; F. Ferguson (Kelso), 16 wethers 37s 6d, 8 34s 3d, 6 ewes 255; John Nimmo (Mosgiel), 13 wethers 32s 9d, 13 32s 6d, 27 28s; _W. D. Hunt (Wallacetown), 17 wethers 31s Jd, 15 30s fid, 11 29s fid, 23 27s 9d; H. King (Allanton). 16 wethers 28s fid, 4 21s; i. J. Dyer (Mossburn), 20 wethers 30si Od, 32 27s fid, 36 26s 3d, 15 25s fid; C._ Erne (Thornburn), 28 wetficrs 265, 42 25s fid. Dalgety and Co. sold: lor A. o. Holms (Waimahaka), 12 wethers 335, 10 30s fid, 7 29s 3d, 18 at market rates; John O’Neill (Ranfurly), 19 27s 3d, 18 25s fid, 11 24s Od, 17 245; J. C. Faulkner (Willowbridge), 20 ewes 19s fid, 14 18s 9d; James Manchester (Morven), 11 21s fid, 1 wether 36s Dd, 18 ewes 18s; Scott and Son (Burnside), 2 ewes 27s 9d. —; The New Zealand Loan and Mercantile Agency Company sold: For Kain Bros. (Stirling), 9 wethers 34s 3d, 10 29s 9d; Heenan Bros. (Berwick), 4 wethers 34s 9d, 6 ewes 19s, 14 wethers 29s 9d, 13 275; William Marshall (Berwick), 12 wethers 27s fid; A. B. Stewart (Moneymore), 9 wethers 27s 9d, 8 265; Patrick Scanlon (Milton), 6 wethers 2Cs, 3 ewes 15s 3d; Charles Taylor (Milburn), 6 ewes 255; Kain Bros. (Stirling) ,• 19 ewes 21s 9d, II 16s; Timpany Bros. (Woodlands), 1 truck wethers at full market rates. The National Mortgage and Agency Company of New Zealand sold: For J. W. Fox (Te Peka), 6 wethers 365, 27 355, 17 33s 3d, 23 325, 10 29s fid; a client, 17 wethers 32s 3d, 14 30s, 6 28s fid, 19 ew.es 20s 3d; Thomas Soper (Pukeawa), 14 wethers 295, 11 27s fid, 24 275, 15 26s 3d; Smaill Bros. (Moa Flat), 10 wethers 28s; John Barclay and Sons (Te Houka), 23 wethers 275; C. Dougherty and Sons (Ranfurly), 5 wethers 27s 9d, 12 76s 9d, 10 ewes 17s; George Smith ( W.-jiwera South), 9 ewes 26s 9d, 4 23s 9d; James Begg (Cromwell), 16 wethers 26s fid, 21 25s 9d, 15 25s fid, 12 235; William Kirk (Tapanui), 18 ewes 21s 3d; a client, 16 wethers 25s 3d, 5 19s. Stronach, Morris, and Co. sold: For Lambhill Station (Hindon), 15 wethers 325, 26 27s 9d, 25 275, 24 26s fid, 34 265; T. Driver (Mihiwaka), 1 wether 32s 3d; W. J. Alexander (Lauder) 2 wethers 295, 5 ewes 19s 3d, 3 ewes 18s. Fat Lambs.—About 520 came forward. •The condition compared favourably with the previous yarding, although some wore not fit for export. Freezing buyers competed keenly, and prices ruled firm at late rates. Extra heavy lambs sold to 355; prime lambs, from 28s to 30s; light, 25s to 275; unfinished, 21s 6d to 23s 6d. -Donald Reid and Co. sold: For William Marshall (Outram), 1 lamb 355, 3 345; J. H. Jaffray (Milton), 11 32s 3d; John Thomson (Green Island), 10 29s 9d, 226 s 9d; J. S. Fleming and Co. (Titiroa), 23 29s 9d, 8 275, 22 23s 6d; F. Driver (Mihiwaka), 8 28s 3d; Robert Hamilton (Wylie’s Crossing), 24 22s 6d, 10 22s 6d. Tho Otago Farmers’ Co-operative Association sold: For J. B. Hagen (Milburn), 2 lambs 32s 9d; D. Ferguson (Warrington), 7 32s 9d, 8 31s 9d, 7 30s 6d; D. M’Neill (Tahakopa), pen 325; D. M’Gregor (Milburn), 6 29s 9d; Geo. M’Leod (Owaka), 6 30s 3d, 4 28s 9d; J. M’Ncill (Milton), 4 295, 5 28s 6d; Ford Bros. (Pine Hill), 9 25s 6d, 10 235, 7 22s 9d; T. Pugh (North Taicri), 6 24s fid. Wright, Stephenson and Co. sold: For J. Spencer (Brighton), 3 ■ lambs 33s 6d; D. Henry (Gore), 4 32s 3d, 6 SOs, 6 29s 9d, 6 295; J. Ilonry (Taieri Beach), 1 31s; W. D. Wright (North Taion), 4 30s; D. Johnston (Allanton), pen 28s 6d, 225 s fid, 18 225. Dalgety and Co. sold : For John Imrio (Mosgiel), 3 lambs 35s 3d, 233 s fid; a Taieri client, 2 325; W. D. Wright (North Taicri), 4 32s fid; a client, 4 265. New Zealand Loan and Mercantile Agency Co. sold: For A. Light (Milton), 4 lambs 325; a client, 1 30s 3d, 3 SOs, 3 295; Heenan Bros. (Berwick), 1 30s; Patrick Seanlan (Milton), 3 28s fid, Kain Bros (Stirling), 3 28s, 3 25s 9d. The National Mortgage and Agency Co. sold; For C. Dougherty and Sons (Ranfurly), 16 lambs 29s fid, 13 27s fid, 16 27s 3d, 25 23s fid, 19 23s 3d, 24 225. Stronach, Morris and Co. sold For A. C. Inglis (Warrington). 9 lambs 33s 3d; W. J. Alexander (Lauder), 30 27s 9d, 31 265; J. R. Wilson (Manngatua), 8 25s 9d, 21 ?3s 3d; T. Driver (Mihiwaka), 10 SOs, 10 23s 9d. Fat, Pigs.—A largo varding of 134 pigs was forward. Tho sale was again lifeless, and ni ices varied very little from those which have beer, ruling of late. —Donald Reid and Co raid: For David Currie (Mil ton), 2 pigs 465, 1 555, 1 31s; B, Donaldson (Leith Valley), 1 20s, 1 15s; David Hall (Pino Hill), 1 545, 1 41s.—-Tho Otago Fanners’ Co-operative Association of New Zealand sold: For Robert Landroth (Owaka) 1 pig £3 9s, 1 £2 355; Adam Paterson, juu (Owaka), 3 £3 9s; George Gorman (Hunt’s Road), 1 £3 9s; client, 1 £3 9s, 3 £2 IC.s; T. b. Little (Covricdalo), 2 £3 9s; Mrs Ford (CetFec Palace, Owaka), 1 £3 7s, 1 £3 3s; AV. A. Hastin, jun. (Pine Hill), 5 £3 4s, 1 boar £ss, 1 pig £3, 1 £2 17s, 1 £2 Ifis, 11 £2 15s, 1 £2 10s, 1 £2 9s, 1 £2 ss; P. MTvor (North-East Valley), 1 £3 ss; P. Fahey (Owaka), 3 £3; Bowen Bros. (Burnside), 3 £2 15s; A. E. Barsdell (Anderson’s BayL I £2 15s. 1 £2; T.

M’Cutcheon (Owaka), 1 £2 14s; S. Craig (Owaka), 1 £2 9s; C. R. Paterson (Cornedale), 4 £2 7s, 3 £2 3s. 2 £1 14s; E, Hill (Cape Saunders), 4 £2 9s. V right, Stephenson, and Co. sold: For C. Brcnsseil (Outram), 1 pig £3 3s, 3 £3 Is; A. Brown (Leith Valiev), 4 £3 ss, 3 £2 19s; iM’Clearv (Brighton), 1 £2 19s; Bowen Bros. (Concord), 2£2 15s. Dalgety and Unsold: For James Nowlands (Ngapara), £ pig £3 9s, 2 £3 ss; George Cant, (input), 2£3 10s, 3£2 15s, 5£2 13s. New ZoaJjmfl T*oau ami Mercaulilo Agoiicy on \P sold: For Arthur Light, 1 pig L*. 11*> x £2 10s, 1 £2 ss, 2 £2 7s; Thomas Ambler (Windsor), 2 £2 10s, 1 £2 Bs, 5 £2 7s, 1 £2 4s, 1 £1 l&s.- Stronach, Morns, ana Co. sold: For Thomas Driver (Mihiwaka), 1 pig £3 2s, 1 £2 16s; W. Hodson (Bannockburn), 6 £3 2s, 8 £3 Is; Bowen Bros. (Concord), 3 £2 18s; clients, 1 £2 £2 Bs. 1 £1 15s; Mrs William Pearson (Mosgiel Junction), 1 £2 ss; A. Moymhon, son. (Momona), 1 S/2 ss, 1 1 ip,? s ’i A nody (Windsor), 4£2 4s, 2£l Rs, I£l • Store Pigs.—There was a very large yarding of 129 pigs. The number offered was well in excess of requirements, an stores were difficult to quit at re <J" ce rates. —Donald Reid, and Co. sold: I’orji client (Dunedin), 5 pigs 18s fid, 5 163 6 “- . Tho Otago Farmers’ Co-operative Associa Hon of New Zealand sold: For a southern client, 2 pigs 18s, 1 10s fid, 8 8s fid; C R. Paterson (Corncdnlc), 215 s 6d, 1 so 'T 9>’ W. L. Craig (East Taion). 2 P'^l4s6ri 4 lis: F. Johnson (Momona), 215 s fid, o 12s: George Wylie (Inchclutha), 2 Us; IM’Leary (Brighton), 1 l o ®-”Wright, and Co. sold: For J. Pdiner (Buinsido), 1 pig 20s; T Murphy (Clyde), 4 13s. 1 ss; N. H. Campbell (Port Chalmers), 4 12s, 3 ss, 3 4s fid, 1 4s. New Zoal’and Loan and Me.Tantlo Agency Company sold: For John Healv. (Miltonn), 3 nitrs £2 10s. Stronach, Morns, and C . sold: For A. Baxter (Kuri Bush) l snw 51s; clients, 2 pigs 255, 4 19s 6 10s, 1 Ts fid, 5 7s. 10 6s; A. Kennedy (Wi_nd?or)l23 8 13s fid- J. W. Gecves (Kuri Bush), 9 12s- T Palmer (Taieri Mouth), 6 10s> fid > H MTntosh (Taieri Mouth) 210 s; J. Eslor (Merton). 1 10s, 2 fo 6d, 5 6s. 1 5b, . - 5 4s, A. Moynihan, sen. (Momona), 2 Bs, 0 os. CHEAP, MEAT. We sell only prime ox beef, wetaer mutton, prime lamb, dairy-fed pork, for quality the cheapest shops in tc-m. W> snecialise in orders from country .sidents.— Salisbury Butchery Shops, Stuart street, George street, and Princes street Advt. - ADDINGTON MARKET. (Peb Uk-ted Phebs Association.) CHRISTCHURCH, February 1. There was again an exceptionally heavy entry of store lambs, and all classes in the store section eased m value. The dry hot weather is showing no sign ot breaking, and this is restraining competih Store Shecp.-The entry of store sheep came from all points, lambs being foivvLTd from Nelson, Marlborough, the Chathams, and the Coast, and adult sheep from the North Island and Otago Lambs were again down by about '2s a head, and all but the best owes by a similar amount. Passings of old sheep were heavy. 1 orward crossbred lambs made 2’2s to 24s bd, good Ape lambs, 20s fid to 21s 9d; medium lambs, 17s fid to 20s; small and inferior lambs 12s 6d to 16s 9d; cull lambs, 9s fid to lls 6d; good halfbred wether ambs, 20s 4d to 23s fid; medium halfbred ambs, 16s to ISs 9d; inferior h-iLbred 13s to 15s; four, six, and eigbt-toothod crossbred ewes, 26s to 28s; infenor four, six and eight-toothed ewes, 19s to 22s fid, sound and failing-mouthed ewes, las to 19s fid; inferior failing-mouthed evves, 1 s to 14s fid; cull ewes, 4s fid to 7s fid; four, six and eight-toothed Chatham Island wethers, to 23s fid; medium four, six, and eight-toothed wethers, 18s 9d to 21s, fom and six-toothed halfbred vyethers, 19s fid to 225: failing-mouthed halfbred wethcis, 15s fid’ to 17s fid. ( Fat Lambs.—There was an entry ot 3400 head. The quality was very.mixed, light and unfinished lambs predominating A good sale at .full schedule rates reunited Extra prime realised 32s to 248 10d’ prime, 28s fid to 31s fid; medium, 26s’to 28s; light, 23s fid to 25s fid; mf<3Fat’ Sheep!— entry of 12 races was forward, consisting mostly of ewes, with only a small proportion ot the entry attractive. Good sheep sold at fully up to last week, but ewes were down by Is, and were bought freely by exporters. Extra prime wethers brought to -5s 7cl, prime wethers, SOs to 32s fid; medium wethers, 26s fid to 29s fid; Lght 22s to 265; extra prime ewe», 27s to lOcl; prime ewes, 22s to 265: medium evves, 18s to 21s; light owes, 14s Gd to 17s Od, old ewes, 12s to 14s. Fat Cattle.—There was an aveiagy entry of 464 head, mostly cows and heavy steers. These two classes were easier by 20s per head, with prime medium weights about 10s down. Prime beet made 36s to 39s fid per 1001 b, and in a few cases to 41s; heavy, 31s to 345; medium quality, 23s to 355; ordinary cow, 26s to -9s ocl, and rough, down to 22s per lOOib. Extia heavy steers made to £lB 2s fid; prime heavy steers, £ls to £l7; medium-weight prime steers, £l2 to £ls; light steers £8 4s to 11; extra prime heifers, to £l4 2s 6J- prime heifers. £lO to £l2 ss; medium heifers. £8 to £10; light heifers £6 to £7 15s; extra prime cows, to £lo lis oa, prime cows, £9 10s to £ll 15s; medium cows, £6 10s to £9; aged and light cows, £4 to £6 6s. , . , Vealers. —There was a good sale tor all classes. Twelve to 18-months made to £7 ss; vealers, £3 to £5 15s; others, 15s to £2 ss; small calves, 4e to 10s. Store Cattle. —There was an excellent sale, especially for forward steers. Three and four-year steers brought £9 to £lO ss; two-year, £5 15s to ffi 10s; yearling heifers, to £3 15s; good cows, £3 10s to £5 ss. , Dairy Cattle.—A small entry sold readily. Good second to fourth calvers realised £9 to £l4 ss; medium, £7 to 8 10s; best heifers, £7 10s to £lO 10s; others, £4 to £6 10s; cows in profit, £3 to £9 10s. Fat Pigs.—A larger entry of porkers was forward, but there was a smaller one of baconcrs, with & much better demand for all classes, there being an advance on previous sales of a half-penny a lb. Choppers made £3 to £4 13s fid; baconers 65s to £3 16s. Average price per lb, 4d to Porkers brought 36s to 435; heavier 45s ’to 505., Average price per lb, fid to Pigs.—A sound sale resulted — Weauers made 10s to 17s fid; small stores, 18s to 225; medium, 22s fid to 265; large, 27s to 32s fid; extra largo to 365. UNITED STATES STEEL CORPORATION. .press Association—By Telegraph—HopyrigM.) NEW YORK, January 31. (Received February 1, at 9 p.m.) For the first time for many years the United States Steel Corporation reported a deficit of 4,963,499d0l for the fourth quarter of 1927 after tho deduction of its common stock dividend, as compared with a surplus of 15,950,470d0l in the fourth quarter of the previous year, when regular dividends were declared. —A. and N.Z. Cable. WELLINGTON TRUST, LOAN, AND INVESTMENT COMPANY. (Special to Daily Times.) WELLINGTON, February 1. Tho annual meeting of shareholders of the Wellington Trust, Loan, and Investment Company, Ltd., was held to-day. Mr J. A. Plimmor (chairman of directors), in moving the adoption of the report and balance sheet, said that the accounts for tho past year disclosed a satisfactory position considering that general finance had been stringent throughout that period. After recommending the payment of a dividend ’Of 44 per cent, for the half-year ended December 31, which, together with the interim dividend, made 8 per cent, for the year, they were able to place £ISOO to the reserve fund from the profits, bringing it up to the substantial sum of £78,500, which was practically covered by the liquid assets, including the company’s valuable business premises on Lambton quay, which were unencumbered. In reply to a question, tho Chairman said that the reserve fund was added to every year, and now stood at a substantial amount. The report and balance sheet were adopted. Messrs J. J. Reich and O. b. Watkins were re-elected directors, ami Messrs E. W. Hunt and G. F Judd wore reappointed auditors. SOUTH AUSTRALIAN LOAN. (Press Association—By Telegraph—Copyright.) LONDON, January 31. Tho underwriters are left with 47 per cent, of the South Australian loan.—A. and N.Z. Cablo.

THE SHARE MARKET. DUNEDIN STOCK EXCHANGE. Business was brisk on the Stock Excl'ange yesterday. There were two further transactions in Milburns at 32s 6d, the quotations closing 3d on cither side of that price. National Bank of Australasias were firmer. A sale at £l7 11s was reported, and afterwards an oiler of £l7 9s was made without response. _ Business in Commercial Banks (cum rights) at 29a was reported, and afterwards they were quoted ex rights, a buyer offering 275. New Zealand Breweries were still without inquiry, sellers asking 39s 9d. Sales: Milburn Lime and Cement, 32s 6d (two). „ , , , . Sales reported: Bank of Australasia, £l4 12s; National Bank of Australasia, £l7 11s; Commercial Bank, 29a (cum rights); New Zealand Express (ord.), 21s 3d. The following are yesterday afternoons buying and selling quotations, which are subject to the usual brokerage: BANKING. Aust. Bank of Commerce —Buy 33s 3d. Bank of Now Zealand—Buy 5Ss 9d, sel 59s 3d. . _ Bank of New Zealand (D issue) —Buy 26s 3d. , . ~ s „ Commercial Bank (ex rights)—Buy 275, sel 28s 3d. . , „ „ nl Commercial Bank (rights)—Buy 5s 3d prem., sel 7s 3d prem. E.S. and A. Bank —Buy £7 13s. National Bank of Australasia- Buy £l7 9s. National Bank of Aust. (cont.)— Buy £8 14s. Union Bank—Buy £l4 8s Od, sel £l4 13s. BREWERIES. N.Z. Breweries, Ltd. —Sel 39s 9d. N.Z. Breweries Debent.—Buy 22s sd, sel 235. Staple’s Brewery —Buy 39s 9d, scl 40s 9<L . INSURANCE. National Insurance Co. —Buy 13s Id, sel 13s 6d. N. r ' Insurance Co. —Buy 41s. SHIPPING. Burns Philp—Buy 40s. Huddart, Parker (ord.) —Buy 50s. P. and O. Deferred Stock —Buy £235, sel £248. U.S.S. Co. (pref.)— Buy 20s. COAL. Westport Coal Co. —Buy 31s 9d, sel 325. LOAN AND AGENCY. Dalgcty and Co. —Buy £l3 15s 6d, sel £l3 18s 6d. Goldsbrougb, Mort—Buy 47s 3d, sel 48s. National Mortgage—Buy 725, sel 755. N.Z. Loan and M. (ord.) —Buy £93. Wright, Stephenson (ord.) —Buy 20s, sel 225. Wright, Stephenson (pref.)—Buy 15s, rcl 16s MEAT PRESERVING. Canterbury Moat—Buy £8 7s. Gear Meat Co.—Sel 38s 6d. N.Z. Refrigerating (paid)—Buy 17s 9d, eel 18s 3d. N.Z, Refrigerating (cont*) —Buy 8s 6d, sel 8s 9d. South Frozen Meat (ord.) —Buy 31s. MISCELLANEOUS. British Tobacco —Buy 39s 6d. Bruce Woollen Co.—Buy 11s. D.I.C. (pref.)—Buy 20s 6d. Dominion Investments—Buy 225. Dominion Rubber —Sel 465. Dunedin-Kaikorai Trams —Buy 32s 9d, sel 345. Kaiapoi Woollen (ord.) —Buy 8s 3d. Kaiapoi Woollen (prof.)—Buy 13s, sel 14s 6d. Milburn Lime and Cement—Buy 32s 3d, sel 32s 9d. M'Leod Bros.—Buy £3O. N.Z. Milk Prods, (bonds) —Buy 225. N.Z. Paper Mills (ord.) —Sel 17s 3d. Otago Daily Times—Buy 71e/ Wilsons (N.Z.) Cement —Buy 37s 6d, sel 38s. MINING. Kawarau G.M. Co.—Buy sd, sel 7d. Nokomai Sluicing—Sel 34s 6d, Electrolytic Zinc (pref.)—Buy 325. Electrolytic Zinc (ord.) —Buy 31s 6d, sel 32s 3d. Mount Lyell—Buy 295, sel 29s 6d. Molyneux Electric—Buy Bs. Upper Nevis—Buy 23s 6d, sel 255. Big Beach—Sol 18s. WAR BONDS. 44 per cent. Bonds, 1930—Buy £97 10s. 44 per cent. Bonds, 1938 —Buy £96 15s. 44 per cent. Bonds, 1939 —Buj- £96 15s. 5| per cent. Soldiers’ Bonds, 1933 —Sel £lOl 10-s. 5J per cent. Bonds, 1030 —Buy £9B. 54 per cent. Bonds, 1936—8uy £lOl. NORTHERN EXCHANGES. (Per United Press Association.) The following business was done on ’Changes yesterday:— Auckland. —Sales: Inscribed Stock (1933), 5J per cent., £lOl 2s 6d; Hikurangi (pref.), 8s; Colonial Sugar,: £55 10s; Lucky Shot, Is 4d; New, Waiotahi, 8d; Ohinemuri, 6s lid, 7s. Wellington.—Sales: New Zealand Guarantee Corporation (ord.), 8s Ilfd; New Zealand Breweries 10 per cent. Stock, 22s 6d. Sales reported; 4J per cent. Stock (1938), £97; National Bank of New Zealand, £6 18s 6d. Christchurch. —Sales: National Bank of Australasia (£lO pd.), £l7 11s; National Bank of New Zealand, £6 19s; Dalgety and Co., £l3 14s 6d, £l3 16s; Howard Smith, 28s 6d (two parcels); Staples Brewery, 40s 3d; British Tobacco, 39s Bd. Sales reported: Staples Brewery, 40s 3d; New Zealand Government 4J per cent. Inscribed (1938), £97. GORE STOCK SALE. (From Our Own Correspondent.) GORE, February 1. Tho fortnightly slock sale was hold at Gore yesterday, there being a poor attendance of farmers' and buyers. Fat Sheep.—There was an entry of 404. The sale was dull and slow and several lots failed to reach vendor’s reserves and were passed in. Fat wethers made 30s, and fat ewes 13s. Store Sheep.—The yarding comprised 506, and the market was belovy recent quotations. Forward lambs realised up to 22s Bd, and store wethers wore quitted at 23s 4d, while ewes and lambs fetched 14s 6d all counted. Fat Cattle.—An entry of 17 head was forward, mostly fat cows with a few fat steers. Tho market was not quite up to recent values, but tho bulk of tho entry was disposed of. Light fat steers made ±l7 7s 6d, and fat cows from £3 12s 6d to £7 ss. Store Cattle.—ln the store pens there was only a small offering. Store steers find heifers made up to £4, and a bull £3 10s. PRICES FOR EXPORT LAMB. (Special to Daily Times.) WELLINGTON, February 1. The New Zealand Meat Producers’ Board advises that the following prices were being offered for fat stock for export at January 26: Poverty Bay.—Prime woolly lambs—301b and under Bd, 371 b to 421 b 74d, 431 b and over 7d; second quality lambs, 7d. Hawke’s Bay.—Prime woolly Jambs—■ 361 b and under 9d, 371 b to 421 b 84d, 431 b and over 8d; second quality lambs, Bd. Wellington.—Prime woolly lambs—36lb and under 9cl, 371 b ,to 421 b 84d, 431 b and over BJd; second quality lambs, Bd. Canterbury.—Prime woolly lambs —301 b and under 94d, 371 b to 421 b 9d, 431 b and over B|d; second quality lambs, 84d. CHICAGO WHEAT QUOTATIONS. (Press Association—By Telegraph—Copyright.) NEW YORK, January 31. Chicago wheat March, 129| cents per bushel; May, 1304; July, 127(. —A. and N.Z. Cable. LONDON WOOL SALES. (Press Association —By Telegraph—Copyright.) LONDON, January 31. At Ibo wool sales 8342 bales wero sold, 5344 being Australian, and 3250 New Zealand. There was a miscellaneous offering of merinos, principally top-making sorts, there being a good selection jind good stylo. Greasy crossbreds wero in poor supply. Slipes and oilier soils showed a good" lone and keen competition ot lato rales. Now Zealand clips; “Pareora,” 22jd and 20J>d ; “ Ruru.” 26d and 22d ; “ M. 1.,” 23d and 20d ; " Waihuka,” 21 |d and I9d ; “ Wnirero,” 26d and 20d: “ OtiwhiH,” 21J)d and 19)d; “Pontiff,” 24d and 22d. A. and N.Z. Cable.

EXPORT OF RUBBER. (Press Association — By Telegraph—Copyright.) LONDON, January 31. The Colonial Office announces that the percentage of the standard production of rubber which may he exported at the minimum rate of duty from Ceylon and Malaya for the quarter beginning February 1 wilt he 60.—A. and N.Z. Cable. BUTTER REDUCED IN SYDNEY. (Prose Association—Bv Telegraph—Copyright ) SYDNEY, February 1. (Received Fob. 1, at 11.30 p.m.) The wholesale price of butter was reduced Id per lb to 168 s per cwt. ' FOREIGN EXCHANGES. (Preps Appociation—By Telegraph—Copyright.) LONDON, January 31. The exchange rates on London are as follows . Par. Jan. 26, Jan. 31. Paris, fr. to £1 ?“.22* 124.01 124.00 Brussels, belgas to £1 25 34.99 34.97 Oslo, kr. to £1 18.81 18.52 18.33 Stockholm, kr, to £1 ... 18.159 18.17 18.16 Copenhagen, kr. to ,£1... 18.159 18.20 38.20 Berlin, reichmkn. to £1 9.19 20.45 20.45 Montreal, dol. to £1 ... 4.45 4.88 3-16 4.87 15*16 New York, dol to £1 4.86 g 4.871 4.87 3-16 Yokohama, pence to yen 24.45 23* 23 1-16 Hongkong, pence to dol. 24 24* 24 7-16 Calcutta, pence to rupee 24 18* 18* Batavia, guild to £1 22.221 12.072 12.08| Amsterdam, guild, to £1 12.107 12.08* 12.08^ Home, lire to £1 25.22* 93.10 94.07 Prague, knr. to £1 --- 12.107 164 7-18 164* —A. and N.Z. Cable.