COMMERCE AND FINANCE

Otago Daily Times, Issue 20892, 5 December 1929, Page 16

COMMERCE AND FINANCE

: THE SHARE MARKET. , DUNEDIN STOCK EXCHANGE. A Bale of National Insurances at 15s 3d vms recorded on the Stock Exchange yesterday, the- market closing with buyers offering las and sellers asking las 7d. A parcel of Okaritos also changed hands at Is 5d premium, sellers closing quota- ! ,tion being Is Bd, whilst buyers did not j come forward. A sale of ordinary Huddart, Parkers was reported'at 42s 3d, ! buyers best offer on ’Change being 41s 9d. 1 Sellers, however, would not accept less ; than 435. A transaction in Kildares at I,ls lOd 'was also reported. Commercial ; Banks were inquired for at 25s 9d, but I sellers would not agree to take less than 1 26s There was an easier demand fox j New Zealand Drugs, buyers best offer i being 72s 9d. Sellers, however, required 1 l g in advance of that figure. ; Sales: National Insurance, 15s 3d; Oka- : nto. Is 5d prem. | Sales repdrted;-Huddart, Parker ford.), | 42s 3d; Kildare, Is lOd. j , The following are yesterday afternoon’s i buying and selling quotations, which are ■’ subject to the usual brokerage:— BANKING. Bank of Australasia—Sel £l3 15s. . Bank of New South Wales—Buy £4l, i sel £44, ! Bank of New Zealand—Buy 59s 6d, sel I 60s 6d. 1 .Bank of New Zealand (long "D ’*) — I Buy 28s. i Commercial Bank—Buy 25a Bd, sel 2Sj '• 3d. ! Commercial Bank of Sydney—Sel £24 : 10 S. E.S._ and A. Bank—Sel £7 14s. ■ 1 National Bank of New Zealand —Buy I 16 13s, sel £6 165.. .National Bank of Aust. (cont.) —Buy ; £8; sel £8 10s. - ' Union Bank—Sel £l4 2s 6d. INSURANCE. . National Insurance' Co,—Buy 15s, sel i los 7d. N.Z. Insurance Co.—Sel 46s 3d, l " ' SHIPPING. , Huddart, Parker (ord.)—Buy 41s 9d, | sel 435. Huddart, Parker (prof.)— Buy 20s. Union S.S. Co. (pref.)—Buy 20s 9d. •j COAL. Kajtangata—Sel 8s dis, Westport Coal Co.—Sel 325. Westport-Sfockton (ord.)—Sel 3s. j Westport-Stockton (pref.)—Sel 4s 6d. ! LOAN AND AGENCY. | Goldsbrough, Mori—Sel 39s 6d. j Mort (rights)—Buy 6s 1 - N.Z. Guarantee Corp.—Buy ,8s sd, sel »»• a Perpetual Trustees—Buy 68a. . Executors, and Agency—Buy' MEAT PRESERVING. Gear Meat Co.—Sel 43s «t. Refrjgerating (paid)—Sel lSs, N.Z. Refrigerating (cont.)—Sel 5s lOd. : MISCELLANEOUS. ’ ■ • 1 on Au , s^ alian Iron and Steel (pref.)— Sel . aDI IjDd. '' ; 1 • *- , British Tobacco—Buy 44s 6d.Brown, Ewing (pref.)—Buy i 20s. (°r<i-)—Buy 11s 3d prem., 'sel I 12s. 6d prem. DT- C - (pref.)—Buy Sis 6d. Milbura Lime and Cement—Buy 35s 3d. Moagiel Woollen Co.—Buy £7 10s National Electric—Buy 12s N.Z, Drug Co—Buy 72s Dd, sel 73s 9d. N.Z, Farmers’ Fertiliser—Buy 225. N.Z, Paper Mills (ord.)—Sel 21s. Otago Daily Times—Sel ,725. Auckland Gas—Buy 24s 9d. National Tobacco—Buy 61s 9d, sel 635. BREWERIES. Breweries, Ltd.—Buy 85s, sel 80s Staples Brewery—Buy 635, sel 53s ,od. MINING. ’ ■eI B 33 C s tr 9d ytio ZiDC < ord *)— Bl W 32s 9d, Mount Lyell—Buy 40s sd, sel 41s' Big Beach— Sel ss. . " Kildare—Buy Is lOd, sel Is lid. . Okarito—Sel Is Sd prem. Stoney Greek—Sel 6d prem. Paddrs Pomt—Sel sb. WAR BONDS. 4i per cent. Bonds. 1938—Buy £IOO 44 per cent. Bonds, 1939—8uy fioo ,4* per cent. Bonds, 1941—Buy £loo* oil SS/ifiwft*’ 3 " d ’' 1 « a -Sw & 4J per, cent. Inscribed, 1938—Sel £IOO ' Buy f P 9O r Ceat ‘ Inßcribed Bonds > 1041si per cent. Bonds, 1836—Buy £lOl oi per cent. Inscribed, 1936—8uy fioii ;, Si per cent. Bonds, 1933—8uy £99 5 8 . ; i NORTHERN exchanges. i (Pa UirrntD Press Assocutioit,) ' ~ » Auckland.— Sales: Commercial Bank £7 18 ll^ ,a fT - 8 4° 4 1 ; E ’ 8 ’ and A. Bant £7 11s, Union Bank, £l3 16s: National Insurance. 16s 6d; Dalgety and Co m Renown. Collieries (pref.) new f n 3s' Wellington.—Sales reported: New ZeaIn™ 1} s * : Christchurch. Sales: Commercial link of A N?w y S ’? 6B A 2d < (two S ' Zealand (cum div.). 60a cel ß ) G f3Bs b q3" gh Ar Mo^’T3B^ 3d < two L J’ e H cum div.), 40s 8d (three parcels): Mahakipawa, 4d /three parcels). Sales reffMfia- l? ational Bank of New Zealand, i National Insurance. 15s 4d; Huddart V. P . a J k 42s 3d; Westport Coal 31s 6d, British Tobacco, 45s 3d; Mount Lvell M. 408 Bdj 1 Insurance, A.M.P. SOCIETY. a " d satisfaction in life are obtamed by; seizing opportunities whilst they ?5® °P en - In that connection it is in- - toresting to, note from an annoucemet made by the 'AAI.P. Society elsewhere in t ?a.t all those who effect part" m the ordinary depart-♦ifi-j * ? December 31. will be ent *]® d t0 f sb^ e In tlle distribution of U Mr 1929> The cash "mount divided between policy holders in the society a ordinary department for the previous year reached the huge record total of over £3.000,000, representing reversionary additions of over £5,000,000 to the sums actually assured under the polif, 1 -®? 4 ,R orce - This record cash distribution represented a return of over 68 per cpnt. of the premiums for the year on participating policies. Altogether, since its establishment SO years society has distributed over £44,000.000 sterling in cash bonuses, and has paid away to its members or their fss^oolooo* 1^8 ' no le ” a SUm than SYDNEY WOOL SALES. (United Pres# Association.) (By Electric Telegraph—Copyright.) . SYDNEY. December 4. (Received Dec. 5. at 0.15 a.m.) At the wool sales 9709 bales were sold, ine market was very firm, with good general competition, and greasv merino made Sod. The final auction'sales will begin on December 16. BELTING THAT KEEPS YOUR PLANT WORKING. We specialise in Transmission and Conveyor Belting that gives the best results, I Ask for a quote. All rubber products—rubber mats, matting, lino., crepe rubber. I waterproof sheeting; wholesale only. P. E. Clark and Co., Ltd.. 05 Cashel street. Christchurch. Sole South- Island Agents for Barnet Glass Rubber Co.. Ltd. (Associate Company of Dunlop). Telegraphic address, " Barnglas,” Christchurch.— Advt-

LOCAL AND OVERSEAS MARKETS.

THE TIN MARKET. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON,' December 3. Tin: Visible. 25,402 tons; spot, 1026; afloat, 3030; deliveries, 3624. LONDON FRUIT MARKET! The secretary of the Otago Provincial Fruitgrowers' Council, Limited, advises that the High Commissioners' cabled report for tire week ended November 30, 1929, on the fruit market in London, is as follows: Apples.—Trade is slow, apples being imported in large quantities. Present quotations are:—American and British Columbian Jonathans, 10s to 12s 6d; Orcgan Newton, 13s to 16s; and Californian, 11* 6d to 12s 6d. A fair quantity of Winesap is expected next week. NATIONAL BANK DIVIDEND. (Peb United Press Association.) WELLINGTON, December 4. The general manager of the National Bank of New Zealand, Ltd., has received a cable message from London advising that the board of directors has declared an interim dividend of 12 per cent; per annum for the half-year ended September 30 last. _ This is the (same as for the corresponding period of last year, and will be paid in the Dominion on January 4. RABBIT SKIN SALE REPORT. The Dunedin Stock Agents and Woolbrokers’ Association (Messrs Dalgety and Co.. Ltd., Donald Reid and Co., Ltd., Stronacb, Morris, and Co., Ltd., New Zealand Loan and; Mercantile Agency Company, Ltd., Wright, Stephenson, and Co., Ltd., Otago Farmers' _ Co-operative Association', Ltd., and National Mortgage and Agency. Company, Ltd.) report as follows: At yesterday’s sale the quantity offered wasi larger than ig usual at this time of year owing to no sale having been held since October 15. All foreign markets have since then been very depressed, and the London November sales showed a drop oh all grades of up to 40 per cent., only 30 per cent, of the offering being sold. Thjis was reflected at to-day’s sale when’ all furrier grades were 30 per cent. lower, and poorer sorts 40 per cent, to 50 per cent, lower than, last sale. . On this level; there was quite _a good demand. The following is the range of prices:— Weecvily. —; second broken, 16d to I7jd; autumn broken, 14d to 15Jd; first winter broken, 20d to 24 Jd; runners and suckers, 13d to 16fd; summers, 13Jd to 14d; summer bucks. —; light racks, 24d to 2SJd; prime racks, —dawny autumn, —; early autumns; —; autumn, 22d to 25d; second incoming, 26d to 29d'; incoming winter, 36d to 39Jd; early winter, —; first spotted winters, 32d to 35 Jd; second winter bucks, 27Jd to 34d; second winter does, 35jd to 49Jd; _first winter bucks, 47d ,to 68d; first winter does. 604 d to 66Jd; prime bucks, 56d to ’sßd; prime does, 63d to 68Jd; second spotted winters, 26d to 29d; outgoing,, 28Jd to, 39d; springs, 20d to 22jd; milky, 12jd to 18d; fawn, 24d to 30d; winter fawn, 40d to 44Jd; summer black. 14d to 15 Jd: autumn black, 20d to 24d; first winter black, 30d to 37dj second winter black, 25d to 28d; hareskins, 12d to 14d; horsehair, 14d to 18d. DOMINION BUTTER AND CHEESE. MARKET IN LONDON, (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, December 3. (Received Dec. 4, at 5.5 p.m.) The London market, since January 1, has taken 70,000 tons of New Zealand cheese and a large quantity of butter.

MINING.

GOLDEN PROGRESS QUARTZ MINING COMPANY, LTD. The following is the report for November of the manager of the Golden Progress Quartz Mining Company, Ltd., Qturehua:— . • v Shaft.—Since my last report we have placed into position, the collar set, and have sunk a distance of 18 feet. -The number'of sets put in is 22. The ground in the bottom, and what we have passed through, is of the best class for reefs. We have cut through various reef formations showing very good minerals, and every indication of gold. In the westeriT end of the shaft now we-are cutting into a rubbly quartz formation about 20 inches wide. There is a fair amount of water coming in, so much so that wo have decided to remove the pump from tho other (prospecting) shaft and install it here. By doing this it will save a great amount of time which is lost by baling. While removing the pump I have taken out all skidways, ladders, pipes, and all loose timber.. We have saved by-doing this between 30 and 40 sets of timber for our main shaft. Tramline to Battery.—This has been excavated and formed for a total distance of 460 feet, and is now ready for laying rails. Road to Mine.—We have widened this in places and removed all' protruding boulders which were in the way. of carting. ■ j | 'Battery. —The excavating for this is about finished, also for the hopper, and the ground is almost cut out for the stamper box and bed 'log. ’ Messrs Becker and Nelson have secured four very good poppet legs. 40 feet long, of the very beat quality, and have had them delivered at the shaft site. Manager’s House and Huts.—Two good huts _ have been secured and placed in position at the mine, and are now partially occupied. The manager’s house is now upon the ground and ready for erecting. ■ PRICE OF FINE GOLD. (United Press Association.) (By Electric Telegraph— Copyright.) LONDON, December 3. (Received Dec. 4, at 5.5 p.m.l Fine gold is quoted at £4 4a ll|d. CHICAGO WHEAT MARKET. • i (United Press Association.) (By Electric Telegraph—Copyright.) NEW YORK. December 3. . (Received Dec. 4, at 8 p.m.) Chicago wheat: December, 130 J cents, per bushel; March, 138; May, 141 J. THE ESSENTIAL QUALIFICATIONS OF A TRUSTEE AND EXECUTOR. Is it possible for a single individual to possess all the qualifications that make as ideal trustee and executor? Emphatically, No! No matter how competent and conscientious he may be, one fact stands supreme —no man is master of his own destiny. .He is but human, subject to all the temptations of mankind, liable to illness and death. All these eventualities react to the detriment of an estate. The advantages of entrusting your affairs to a company specialising in every phase of trustee work—The Trustees, Executors, and Agecny Co. of N.Z.. Ltd.— are unequalled. “The Trustees, Executors" oner you expert, economical, and impartial administration at exceedingly moderate charges. You are assured of permanency—a -priceless advantage. The wide experience and business knowledge possessed by the Directors, Management, and Staff arc at your service. Address: Corner Bond and Water streets. Dunedin, —E, E. Clowes, manager, —Advt.

WEEKLY MARKET REPORI

Burnside, December 4. Fat Cattle.—There was a fairly large entry this section consisted principally of prime bullocks, with an odd pen or so of heavies and a fair proportion of medium sorts. Cows and heifers were not numerous. The sale opened with a pronounced drop ou the last sale, with very little fluctuation throughout. The average decline could be stated at 30s to 40s compared with the double market, when the entry was barely sufficient for requirements. Quotations were:—Extra prime heavy bullocks made up to £25 7s 6d; prime, £l9 10s to £2l; medium, £l6 to £l7 10s; light, from £l3 10s; prime cows and heifers, up to £l6 10s; medium, £ll to £l2 10s; light, from £9. The National Mortgage and Agency Co. sold: For R. H: Marshall (Stirling), 1 bullock £25 12s 6d, 2 £24 ss, 2 £2O 15s. 3 £2O 10s; A. W. Douglass

(Waikouaiti), 4 bullocks £24 ss, ,4“£20 ss: F. H. Botting (Halswell).2 bullocks £22, 2 £2O, 3 £lB 17a 6d; James Gow (Invermay, Mosgiel), 2 bullocks £2O 17s 6d, 2 £l9 7s fid, 1 £l7 2s 6d, 1 £ls 17s fid; J. Macphersoa (Willowbank), 1 bullock £2l. 1 £l9, 1 heifer £l6 10s, 1 £l6 ss, 1 £l6, 1 bullock £l4 2s fid, 1 cow £l2 2s 6d; C. Carnie (Mataura Island), 2 bullocks £l9 7s 6d, 1 £l7 7s 6d, 1 heifer £l2 7s Cd, 1 £ll 15s. 3 cows £lO 6s; R. T. Kirk (Mosgiel). 2 bullocks £lB ss; J. Murray (Kaka Point), 1 bullock £lO 15s. 2 £ls 15s, 2 £ls, 1 £l4 17s Cd. 3 £l3 15s. Stronach, Morris, and Co., sold:. Por Mrs A. J. Bell (Stirling). 3 bullocks £lB 15s. 3 £l6 7s 6d, I £l2; W. Lindsay (Allanton), 2 bullocks £lB 12s 6d; G. S. Wilson (Glenomaru), 3 bullocks £l7 12s 6d, 3 £l7 7s 6d, 2 £l6 ss; A. S. Holms (Wairaahaka Estate, Invercargill). 3 bullocks £l7 2s 6d, 2 £l6 7s 6d, 1 cow £l4 Ss, 1 heifer £l3, 1 £l2 12s 1 6d;' Mrs H. M. Boyd (Stirling), 1 bullock £l7, 2 £l6 ss, 1 heifer £lO 15s, 1 £lO 12e 6d; csors late W. Kirk (MosI Kiel),' I bullock £l6 10s, 1 £l2 17s fld; j J. F. Bell (Stirling), 1 bullock £ll. : Dalgety and Co. sold: For W. L. Scott ; (Mataura), 3 bullocks £l9, 2 £lB, 3 £l7 ; 7s 6d; J. Gow (Invermay, Mosgiel), 2 bullocks £l7 15sf; exors W. Kirk (Mobgiel), 2 bullocks £l7 7s 6d; W. Blackie (Mpsgiel), 2 bullocks £l4 17s Cd; J. Rose (Toaui), 2 bullocks £l4; a client. 3 cows _at quotations, 2 at quotations. Wright, Stephenson, and Co., sold: For Wilson Bros. (Stirling), 3 bullocks £25 10s, 3 £24 7s 6d, 3 £24 ss, 2 £23; J. R. Fitzgerald (Morven), 3 bullocks £22 15s, 2 £2O 2s 6d, 2 £2O; J. D.' M'Millnn (Hampden). 4 bullocks £22, 4 £l9; J, H, Duncan (Wyndham), 3 bullocks £2O, 4 £18; Mrs W. Kirk (Mosgiel), 1 bullock £l6 15s. 1 £l6; W. Blackie (Mosgiel), 2 bullocks £l6 10s; M. Beattie and Sons (Titiroa). 2 bullocks £lO, 2 heifers £l4 10s, 1 £l3, 1 cow £l4, 2 £l2; N. and I. Reid (Outram), 1 bullock £l3; Arthur Reid (Woodside), 1 cow -£l3. The Otago Farmers’ Co-operative Associatiou sold: For Mrs M. Grant (Outram), 3 bullocks £l9 17s 6d. 3 £l7, 2 £l4; J. Johns (Hope Hill), 1 bullock £l6 ss; D. Ireland (Mosgiel), 3 bullocks £l7 ss; W, Lindsay (Allanton), 2 bullocks £lB, 1 heifer £l3. 1 £10; S. Horrell (Mandeville), 2 heifers £l4 ss, 1 £l3 12s 6d, 3 £1? 17s 6d, 1 £ll 15s; John Black (Mataura). 2 heifers £l4 10s. 1 £l2 10s; T. Handels (Mataura), 1 heifer £l4 15s; R. Wilson (Riverside). 1 bullock £l6 10s, 1 £ls 10s. 1 £ls, 1 £l4 ss; J. W. Smith (Green Valley), 3 cows £l2, 1 £lO 15s. Donald Reid and' €lo. sold: For J. ;Gow (“Invermay,” -Mosgiel), 1 bullock £22 7b 63, 2 £2l ss; D. Livingstone (Titiroa), 2 bullocks £l9 ss, 3 £lB 2s fid, ,1 £l7 17s 6d. 2 £l7 2 S 6d; Stewart-Hall (Balclutha), 1 bullock £l7 ss, 2 £l6 12s 6d, 2 £ls 5s 3 £l4 17s 6d; Thomas Massey (Mosgiel). 2 bullocks £l6 15s fid; Walter Blackie (Mosfciel), 2 bullocks £l6 10s; Robert Kirk (Mosgiel), 1 bullock £l6, 1 £l4 ss; John Smith (Croydon). 3 bullocks £ls, 1 heKer £l4 12s 6d. 1 £l4 ss, 1 £l4 2s od, 1 £l4. 1 £l3 12s 6d, 1 £l3 10s, 1 cow £l3 7s 6d, 1 £l2 17s fid, 1 heifer £l2 15s. New Zealand Loan and Mercantile Agency Co. sold: For A. H. M‘Kinnon (Gore), 2 bullocks £lB sa, 2 £lB 2s 6d. 2 £l7 2s 6d, 2 £l6 12s 6d; Walter Blackie (Mosgiel) 2 bullocks £l7 15s; L. A. Neiderer (Gorge road. Southland), 3 bullocks £l7 15s, 2 £l6 17s 6d,' 3 £l6 15s; James Murray (Kaka Point), 1 bullock £l7 15s, 2 £l6 15s, 3 £ls 2s 6d, 3 £l3 12s fid; a southern client, 3 bullocks £l7 10s; H, Kirk (Mosgiel), 2 bullocks £lB 10s; David Lundy (Morven), 1 cow' £l2 2s 6d,' 1 £l2, 1 £0 12s 6d. Store . Cattle.—There was a fairly large entry, comprised of fresh and for- I ward cows and vealers, with a fair proportion of nondescript sorts. There were , practically no quotable lines of steers forward. A pen of two-year-olds realised £9. while another pen of three-year-olds brought £ll 10b. Values for other sorts : were firm at recent rates,— —The ! in ational Mortgage and Agency Company 1 .of New Zealand sold: For James Doug- '■ lass (Mosgiel), 1 cow £lO 2s 6d. i Wright. Stephenson, and Co. sold: For J. H. Sinclair (Allanton), 5 cattle £44; H. Gibson (Tarras), 6 cows and heifers £l2 7e 6d, 2 cows £l2, 2 £ll ss, 1 £ll. 1 £lO 15s, 1 £7 17s 6d, 1 stag £l3 ss; lan Lindsay (Allanton), Icow £l2 2s 6d. 1 £9 18s. 1 £8 12s 6d, 1 £9 15s, 1 £7. 1' £6 15s, 1 bull £8 15s, 1 £8; W. Morton (Dunedin). 1 cow £ll 12s 6d, 1 £6 10s; F. Johnson (Momona), 1 cow £ll ss, 1 £8 15s; Cuttance Bros. (Maungatua). 1 cow 111 Gd, I£9 9s Gd, I£9 2s fld,-1 1 £7 155.'1 steer £8; F. O’Connell (Mornmgton), 1 cow £10; J. K. Baird (Dunedin), 5 steers £9 lls. 1 vealer £2. 3 M 2s; R. D. M’jtenzie (Otakou), 1 cow i 9 IP 9 » 9 keifers £7 14s, 7 £7; J. Stent (Waitati), 1 heifer £9 10s, 1 £7 19s, 1 £7 7e, 4 £6 6s. 1 heifer £7, 1 vealer £3 19s. 1 £2 18s, 1 £2 12s, 2 £2 3s 1 £1 15s; G. Hughes (Wvlie’s Crossings, 1 cow £9 10s, 5 £9 ss. 2 £B, 4 £6 15s. 1 £4 2s Gd. 1 bull £B, 1 £3 14«, 1 calf £3 17s, 1 heifer £2 9s; M. A. Dreaver (Milton), 6 cows £7 2s, 1 £6 6s, 1 £6 2s 6d. 1 £4 16s, 1 £4. 1 £1 13s; J. Copland (Dunedin).. 1 heifer £7 15s, 1 bull £5 17s 6d. 1 £5 10s, 1 £5 15s, 1 £4 15s. I£4 12s 6d, I£4 ss, 1-£4 2s 6d; J. Scott (Dunedin), 1 cow £7 16s; M‘Ara Bros. (Pine Hill), 1 cow £6 17s, 1 £4, 1 bull £5 5«; Mrs Hetherington (Saddle Hill). 1 heifer £5 ss; G. Sickles (Fairfield),! heifer £4 15s; Sraeaton Bros. -Mosgiel), 1 bull £3; Sonntag Bros. (Brockville). 1 vealer £2 10s. Dalgety and Co. sold: For a client, 8 bullocks £lO lls, 1 £7 12s 6d, 4 cows £3 3s, 3 heifers £7 10s. 1 cow £9 ss. 1 vealer £1 12s, 2 £1 ss, 1 bull £9 : ss. New Zealand Loan add Mercantile Agency Company sold: For a'northern client, 1 cow £ll 14s, 4 £ll. 1 heifer £lO 10s, 1 cow£9 19s, 1 £9 10s, 1 £0 8s; a client, 1 cow £lO 7s 6d. 1 £lO ss, 1 £lO Is, 1 £9 55,. 1 £8 14s; David Lundy (Morven), 1 cow £0 ss, 1 £7 7s 6d; a client, 1 cow £7 10s, 2 £0; F. Arthur (Balclutha). 1vealer £1 10s. —I—Donald 1 —Donald Reid and Co. sold: For W. Greaves (Mihiwaka). 4 steers £6 Is; D. Baird (Mihiwaka), 1 vealer £2 4s, 1 £1 15s; Bnlleid and Jones (Deborah). 1 vealer £2 13s, 2 £2 3s, 1 £1 10«; F. Greer (Wendon), 1 £2 10s; estate late William Kirk, 1 cow £9; F. M'Hattio (Momona), 1 £10; Mrs 1. M'Hattie (Momona), 2 cows £8; A. M'Mjllan (Momona), 1 cow £lO 12s 6d. 1 £lO 10s; J. Campbell (Allanton), 4 cows £7 15s: W. Borthwick (Milton), 1 cow £11; James Gow (Invermay), 3 cows £10; R, Wilson (Upper Junction), 1 cow £3 19s; W. Friend (N.E. Valiev), F £4 15s; J. Henderson (Saddle Hill), 1 £3 15s: H. Day (Waihola), 1 £7 15s; W. Fox (Leith Valley), 1 £6 10s: a client (Dunedin). 1 £6 16s, 1 bull £6 15s; Amos Graham (Mihiwaka), 1 £8 17s Gd. Tlie_ Otago Farmers’ Co-operative Association sold; For William Curran (West Plains). 1 cow £l6, 1 £l4, 1 £l3, 2 heifers £l3 ss, 2 nO'iOs, 2 vealers £2 ss; J. Johns (Hope Hill), 1 cow £ls, 3 £l2 7s Gd, 1 £9 ss, 1 £8 10s, 2 £5 ss, 1 vealer £3. 1 £2; John Black (Mataura), 1 cow £ll 15s, 1 £ll lls. 4 heifers £9 15s. 1 £9. 2 £8 10s; Thomas Landels (Mataura), 1 cow £l4 10s, I £l3 17s od, 1 £l3 15s, 1 £l3 10s, 1 £l2 17s 6d, 1 £11; John M‘Lennan (Wyndham). 3 cows £l2 ss, 1 £l2, I 3 £ll 15s. 1 £8 15s. 1 £8 ss. 1 £7 l«fc; Hope Bros. (Nenthorn), 1 cow £l2, 1 £ll lls, 1 £ll ss, 1 £lO 10s, 4 heifers £lO 2s Bd: P. Geary (Ravensbourne), 1 cow £5 2s 6d; William Johnston (Leith Valley), 1 cow £B, 1 £7 10s, 1 £5 17s fid; James W. Smith (Green Valiev), 1 cow £l2 i 7s 6d, 1 £lO 10s, 1 £lO ss. 1 £lO 10s, 1 £7 ss, 1 vealer- £4 7s fid; a client, 1 cow £8 10s, 1 £5 17s 6d; J. Pitfield (Allanton), 1 cow £7, 1 £6 ss; William Lindsay (Allanton). 1 heifer £9 10s, 1 £8 14b; Robert Wilson (Riverside), 1 heifer £9 j 10s. 1 £0 18s, 1 cow £7 IGs, 1 £3 2s 6d, 1 vealer £3 Bs, 1 £2 10s. 1 £3, 1 £2 15s. 1 £2 12s: E. Brown (Dunedin), 1 cow £lO 15s. 1 £0 10s, 1 £8 16s, 1 £7 19s. 1 £7 17s. 1 £7 2s, 1 £6 lls, 1 £6. 1 £5 I 17s 6d, 1 £3 12s 6d; Alexander Wilson (Cabe'vfiedh), 1 cow £l4, 1 £l2 17s 6d. 1 £8 17s 6d. 1 £8 10s, 2 bullocks £7 ss. 1 vealer £2 10s. 1 £2 6s; R. Hamilton (Wylie’s Crossing). 1 cow £8 17s 6d; John 1 M’Milian (Gore),2 vealers £2 18s. 6£2 I 12s, 3 £2 3s. 4 £1 9s; S. Horrell (Mandcvtlle) 1 bull £6 10s. Stronach, Morris. and Co. sold; For A. Scott (Burnside). 1 cow £8 15s; Miss M. Lockwood (Mount Cargill). 1 cow £7, 1 heifer £4 ss; T. Bennett (Anderson’s Bay). 1 cow £5 12s 6d: W. Harris (Leith Valiev), 1 cow £2 10s-

Dairy Cons. —Donald Held and Co. sold: hor Robert Wilson (Upper Junetion), 1 cow £7 ss, 1 £5 10s; J. Shaw I.p rs °nA Bay), 1 £8; Amos Graham (Mihiwaka). 1 £lO 2s 6d, 1 £8 2s 6d, Stronach. Morris, and Co., Ltd., sold: n r npHo (Roslyn). 1 dairy cow £8 —— w right* Stephenson, and Co. Sold: For W. Morton (Dunedin)', 1 cow £lO 7s 6d; R. H. Sinclair (Henley), 2 £lO, 1 £9, 2 £7 las; T. G. Auld (Macaudien s Bay), 1 £10: G. Donaldson (Burnside), i heifer £8 15s; F. O'Connell (Mornmgton), 1 cow £8 17s 6d; J.Agncw (Sawyers’ Bay). 1 heifer £7 2s 6d; bontagg Bros. (Brockvilld), 1 cow £7 15s, I£o 12s 6d, I£s ss.'; The New Zealand Loan and Mercantile Agency Company sold: For a client,'l cow £S 12s 6d. I£7 B--Gooch (Mihiwaka), 1 heifer £6 los The Otago, Farmers’ Co-opera-tive Association of New Zealand sold;' 7a 1 ’ S' J?rown (Dunedin), 1 heifer £9 10s. G. R. Farqnhar (Green Island), 1 cow £9 15s: H. Flett (Leith Valley). 1 s ! T- Winthrup (Green Island), 1 £8 los, I £6 17s Gd; D. V. Harbour (Mornmgton). 1 £8; John Black (Mitaura), 1 heifer £7 15s; Robert Wilson (Riverside). 1 £6; Faulds Bros. (Green Island Bush), 2 £6 10s; J. Prvdo (Mornington), 2 £9. 1 £8 10s.

Calves.—Wright, Stephenson, and Co. 50 2 : .J' or G- faster (Saddle .Hill), 1 calf 3/s; G. Baird (Purakanui) 1 365, 1 ?2s, 1 20s; M'Ara Bros, (Pine Hill); 1 L * As: rs Fk Hornby (Green Island), 1 2m. 1 225, 1 21s. 1 20s; G. Hughes (Wylie’s Crossing), 1 225; Mrs ,Ar rayl , or v (otakou )- 1 20s : W. Greer (Waverley), 1 19s; Lynn Bros. (Wylie's Crossing). 1 19s; T. Woodford (Green Island). 1 19s; D. M'Donald (Mosgiel), 1 Bs, 1 4s Gd.; The New Zealand Doan and Mercantile Agency Co. sold: For Alexander Bros. (Glenore), 1 calf £2 3s, I fo. lo w-?r £2 ’ tj IS ( JI 'llon). 8 £ -,:„ 'V'lliani Hare (Clarendon), 1 £2 2s; ihomag Moynihan (Momona) 1 £2, 1. £1 17s; Mrs Robert Aitken (Mosgml), 1 £1 ]ss; Ed. M'Kie (Castlehill, Kaitangata), 1 £1 10s, 1 15s; John Lindsay (nakan), 1 1 7s; S. Bennett (Green Island). 1 £1; a client, 1 10s. 1 5s • htronach. Morris, and Co. sold; For J. Hickey (Run Bush). 1 calf 365. 1 30s; 1 m A 'T HC T?r n (Sawyers’ Bay), 1 31s. J T: T l l on,s ? n (Leith Valley), 1 12s, 1 11s; i. Moynihan (Momona), 1 2a 6d. Dohald Reid and Co. sold; For Nor-' man West (Milburn), 1 calf 37a 0d; A. HUfSJg ,(^ ur ,i Bush), 1 335; A. M'Bride (Wnihola), 1 265; A. C. Wheeler (Momona), 1 23s Get; T, Woodford (Green Island), 1 19s; D. Small (Allanton), 1 2s 6d; The Otago Farmers’ Co-opera-: tive Association of New Zealand sold: I’°i' ' J- Harr is (Whare Flat), 2 calves 40s; Mrs A. Armstrong (Green• Island). 1 38s; a client (Mosgief). 1 345; J, Knarson (Taieri Mouth), 1 30s, 1 20s, 1 325; a client (North Taieri), 1 20s; J. Harris (Whare Flat). 1 16s; Mrs H. Dick (Portobello), 1 16s, 1 11s; a client (Green Island), 1 16s, 1 Ds, 1 8s; A. Gillespie (Momona), 1 12s; T. Eyder (Henley), 1 11s 6d: C. Burrell (WaF tati), 1 8»; J. Johnston (North-East Harbour), 1 9s 6d, 1 7s; D. V, Harbour. . (Mornington), 1 6s. Fat Sheep.—Thera was a large entry, approximating 3000, comprised principally of prime butchers’ wethers, with a small proportion of ewes. The bulk of the entry was made up of shorn sheep. The sale opened at shillings below last week’s parity, but during the sale a slight im-. provement was noticeable, resulting in an average depreciation for shorn wethers of 3s to 4s, while woollies showed an even; greater drop. The decline in ewes would be covered by Is 6d in comparison with, last ealefa rates. Extra prime wholly wethers, to 495; prime. 40s to 435; medium, 34s to 375; light, from 295; prime woolly ewes, to 39a 6d; medium, 30s Gd to 345; extra prime shorn wethers, to 38s; prime, 32s to 345; _ medium, 27a to 295; light, from 245; prime heavy shorn -ewes made up t 6 32s 6d; medium, 24s to 27a; light, from 17s.—New Zealand Loan and Mercantile Agency Co.. Ltd., sold: For A. H. M'Kinnop (Gore), 18 wethers 43s 6d, 11 405,-21 365; a client. 16 38s Od, 49 365, 16 34s 3d, 22 345; G. A. Burnett (Otantau), 10 37s 3d, 32 35s 6d; Mrs M. Murdoch (Milton), 4 ewes 32s 3d; J. A. Fowler (Mosgiel), 8 30a 6d, 4 22s 9d, 10 wethers 26s Od; F. Johnson (Momona), 14 28s, 16 27a 9d. 10 26s 3d; Alexander Moynihan, sen. (Momona), 10 27s 6d, 18 ewes 17s; Arthur West (Brighton), pen 27s 6d. Donald Reid and Co. sold: For;. Donald Bruce (Otama), 11 wethers 355, 14 33s 3d, 9 31b 9d, 10 ewes 28s 3d, 13 24s 9d, 6 235; A. G. Finch (Milburn), 3 33/s 6d; James Thomson (“Banks," Maun-' gatua), 232 s 6d, 4 245, 11 wethers 31s 6d, 11 30s 6d, 14 28s, 8 20s 9d, 9 245, 7 25s 6d; James France '(Milton), 4 ewe® 32a 6d; J, G. Somerville (Milburn), 12 wethers 325, 13 2Ss' , 3d; Alexander Lockhart (Clarksville)! 10 hoggets 31b 9d; James Lockhart (Moneymore), 9 wethers 275, 14 ewes 25s 3d, 11 20s; Raitt Bros. (Milburn). 7 25a 6d. Stronach. Morris and Co., Ltd., sold: For It. Mitchell (Outram), 1 shorn wether 38s, 1 22s 9d; D. Macaulay (Conical Hill). 51 woolly wethers 37s 9d; G. Crawford (Waikoikoi), 6 woolly ewes 375; B. W. Sutton (Moa Flat, Heriot), 2 shorn wethers 365, 15 30s 6d, 14 28s 9d; A. Marshall (Conical Hill), 0 woolly wethers 34s 9d, 11 woolly ewes 31s, 1 26s 9d; Mrs J, Brown (Waipahi), 10 34s 3d, 10 33s 9d; F. C, Taylor (‘Westwood.’’ Crookston), .15 shorn wethers 30s, 13 shorn ewes 28s 3d; I. D. Revie (Crookston), 21 27s 3d, 8 24s 9d. Wright, Stephenson and Co., Ltd., sold: For Fleming Bros. (Crookston), 17 woolly wethers 50s, 10 475, 42 43b 9d. 21 41s 6d; W. M'Kce and Sons (Waikaia), 12 woolly wethers 43s 6d, 21 40s, 16 37s 3d; A. Baxter (Poraahaka); 12 41s, 5 375, 37 345, 21 325, 28 30s, 4 ewes 27s 3d; W. I. Nichol (Allanton), 32 shorn wethers 30s, 15 38s, 35 33s 9d, 12 325, 50 31s 6d, 51 ewes 24s 6d; D. Bryce (I«vell’s Flat), 16 shorn wethers 35s 9d, 25 34s 9d, 20 33s 6d; Mrs J. G. Pringle (Crookston), 20 35s 6d, 11 30s 6d; Estate K. g! M'Kenzic (Waimahaka), 18 wethers 34s 6d. 10 31s 6d, 24 30s Od; F. Chittock (Kelso), 16 shorn wethers 34s 6d, 22 31s, 22 28s; G. Stuart'(Tapanui), 18 36s 6d. 18 owes 31s 9d, 24 28s 9d; R, Yardley and Son (Moa Flat), 10 shorn wethers 345, 46 S3s Od, 26 ewes 31a 6d, 20 wethers 31s 6d; A. Dynes (Kelso). 30 32s 0d; Timpany Bros. (Invercargill), 16 shorn wethers 20s, 18 28s. 25 27s 3d; A. Thomson (Kelso), 17 wethers 325, 15 295; 21 28s, 15 28s 6d, 2 ewes 28s 3d; Aubrey Bros. (Oamaru), 7 shorn ewes 30s, 21 22s 6d, 22 17s, 12 wethers 21s. Dalgety if Ltd., sold: For T. B. Manson (Balfour), pen wethers 38s 3d, 13 365, -o 34s 3d, 19 20s 9d; John Woods (Wyn--dham), 11 37s 3d, 9 35s 9d, 16 34s 6d; A. T. Ottrey (Heriot), 8 29s 9d, 13 355, 5 325, 0 ewes 32s 6d, 5 29s 3d; John Irnric (Mosgiel), pen ewes 39s 6d; A. J. Shcat (Windsor Park). S 295, pen 225, 10 wethers 27s 9d; F. M. Dow (Hilleud), 2 trucks wethers at quotations; J F. Hams (Moa Plat), pen 34s 6d, iT 28s 6d, 30 26s 6d, 19 24s 9d, pen ewes 275, 6 24s Od; J. Hargreaves (Pukemaori), 13 withers 28s 6d, 15 26s 6d, 12 ewes 245, 2f 25s 3d, pen wethers' at quotations; D. D. Edgar (Tapanui), 70 wethers and owes to 33s 6d; G. T. Smith (Waiwera), 66 wethers 27s 6d; A. C. Leary (Evan’s Flat), 8 wethers 30 s 3d, 22 275, 36 25s 9d. —rTlie Otago Farmers’ Co-operative Association sold: For W. J. Roberts- (Clinton*), 11 wethers 43s 9d, 19 40s 6d. 11 3 m 9d, 8 ewc 3 30s; Robert Clark (Clarksville), 3 wethers 40s 9d, 3 37s 6d; Wili(Mosgiel),. 3 wethers 38s, 14 27s 3d; Charles Clark (Lovell’s Flat). ? 3 . c, . ; trustees T. Cannon (Milton)* 16 34s 6d; James Johnstone (Clarks* ville), 4 35s 6d; Jasper Clark (Lovell’s 4 > veth «s 28s 9d, 10 ewes 275, 22 26s 3d, 13 21s 6d, 8 19s; T. H. Russell (Milburn), wethers 30s Od, 8 20s; Southland Farmers’ Co-operative (as J, nvorcar g‘ ll ' ) . 18 wethers 30s 9d. o- "n 9 ! a c ßent, 17 wethers 2/s 9d, 10 255, 18 255; Canterbury Farmers (as agents, _ Waimate), 33 28s, 33 265. Ihe Xational Mortgage and Agency Co., Ltd., sold: For Trustees K. „; MKenzm (Fortrose), 18 wethers 34s 28s 9d; a client, 15 33s 9d; E. W. Sutton (Moa Flat), 16 28a 9d, 13 28s 3d, 5 woolly ewes 355; I. G. Duncan (Eldcrslie), pen wethers 265, 8 ewes 255. 11 24s 6d, 9 23s 3d. Fat Lambs.—There was a fairly large entry, numbering 400, of average quality., Compared with last sale* values were easier to the extent of 4s to ss. Quotations were:—Prime heavy, 28s to 30s; medium, 23s to 265; light, from 21s. The National Mortgage and Agency Company of New Zealand sold:. For I. G. Duncan (Eldcrslie, North Otago), 1 lamb 355, 2c l> 6 26s 3d, 13 235; J, M'Grouther (Milburn), 228 s 3d; client, 224 s 3d- J. Donaldson (Waitati), 1 225. and Co. sold: For John Imrie (Mos-iel). 3 lambs 24s 6d; W. D. Wright (North Taieri) 4 30s; A Miller (Xo&h I’aieri), 1 ols fid; T. J. Gawn (Mosgiel), 1 31s; James M‘Gronther-4Milburnj, 2 °Bs- W Finch (Milton), 227 s 9d; James Thomps ,a n T-.. lMa \ lng ? t V- ) ’ ? 27k: a - a - Finch (Milburn), 2 2 ( s: James Forsvth (Wingatui), 6 25s 0d; A, Moynihan (Momona). 4 2os 9d: J, A. Douglas (Mosgiel), 4 24s 0d; G. H. Craig (Mosgiel). 2 245; A J Siieat (Windsor Park). 9 32s 6d; a client pen lambs at quotations, Stronach’ Morris, and Co., Ltd., sold: For Mrs M Murdoch (Mosgiel). I lamb 355; A K Millar (North Taieri), 1 33s 9d: G Westwood (Brighton), 3 30s Od; W. D Wright

(North Taieri), 230 s; J. Thompson (Allanton), 1 30s; H. fiMTntosh (Taieri Moiith), 6 28s; A. West (Brighton), 1 275; A. Moynihan (Momona), 4 26s 3d' Wright, Stephenson, and Co., Ltd., sold; For D. H. Martin (Allanton), 2 lambs 335, 1 28s; J. B. Saunders (Portobello), 1 30s; M. Miller (North Taieri), 1 29s 9d; W. D. Wright (North Taieri), 4 27s 6d; W. Robinson, jun. (Lovell’s Flat), 7 255; lan Lindsay (Allanton), 12 255; G. Craig (Mosgiel), 1 24s Gd; F. Driver, sen. (Mihiwaka), 2 245, 5 20s Gd. Donald Reid and Co. sold: For George Westwood (Brighton), 3 lambs 30s 9d; A, G. Finch (Milburn), 5 30s 9d; A. M'Larcn (Milton), 230 s 3d; John Thomson (Green Island), 3 30s; Raitt Bros. (Milburn), 1 2ps; J, N. Jatlray (Milburn), 5 295, 4 26s Gd; James France (Milton), 3 28s Gd; T. J. Gawn (Nortn Taieri), 228 s; Mrs C. Wisely (Milburn), 6 27s 3d; George Craig (Mosgiel), ,2 2Gs 9d; James Robinson (Monevmore). 226 s Gel; Hamilton Bros., 7 26s 3d; J. H. Paul (Milton), 3 265: Frank Quelch (Milton), 1 265; Janies Thomson “Banks,” Maimgatua), 3 25s 6d; John Campbell (Momona), 5 25s 6d: F. Drumm, sen. (Mihiwaka), 7 25s Gd; William Finch (Milbnrn), 3 24s 9d; Robert Bruce (Milton), 3 24s 6d; R. H. Michelle (Milton), 4 245. The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For Charles Findlay (Mosgiel), 3 lambs 31s 3d, 6 30s 9d, 3 30s 6d. 3 29s 9d; T. Gawn (Mosgiel), 225 s 3d; James Douglas (Mosgicl). 6 26s 3d, S 24s Gd: Raitt Bros. (Milbnrn). 225 s 3d; R. Bruce (Milton), 3 2Gs; James M'Grouthcr (Milburn), 226 s 3d; H, Lydcrs (Saddle Hill), 2 265; James Forsyth (Milton), 4 24s S)d; F, Kirkland (Mosgiel), 5 24s Od: T. Hollamby (Ranreknu), 4 21s Gd. New Zealand Loan and Mercantile Agency Company, Ltd., sold: For A K. Miller (North Taieri), 2 lambs 30s 3d: J. Thompson (Allanton), 3 30s; W. Murdoch (Mosgiel). 4 29s 3d; Alexander Moynihan, sen (Momona), 5 255; G. H. Craig (Mosgiel), 1 265; Mrs M. Murdoch (Milton), 6 255; A. G. Gray (Milton), 2 255: J. A. Healey (Tokoiti), 4 245, 5 225. 4 21s, 220 s 9d: a client, C 245, 3 21s 9d; J, Robinson (Moneymorcl, 4 24s 9d: A. West (Brighton), 222 s Od. Fat Pigs.—New Zealaikl Loan and Mercantile Agency Co., Ltd., sold; For Miss F. Taylor (Windsor), 1 pig £4 2s; A. N. Mowat (Windsor), 1 pig £3 12s, 1 £3 15s, 1 £3 6e. 1 £3.-—Wright, Stephenson, and Co., Ltd., sold: For C. Brenssell (Outram). 3 pigs £4 15s: D. Schofield (Saddle Bill), 2 £4 11s; Lynn Bros. (WylHe’s Crossing), 1 £3 18s. 1 £3 14s, 1 £3 10s; T. Morris (Portobello), 2 £3 4s; T. G. Auld (Maeandrew Bay), 1 £2 10s. Stronach. Morris, and Co., Ltd., sold: For J. Timblick (Henley), 1 pig £4 11s, 1 £3; T. Thomson (Leith Valley), 1 pig £4; O. Stenhouse (Halfway Bush), 1 pig £3 19s, 1 £3 15s; F. Moynihan (Alma), 1 pig £3 Ss. 1 £3; J, R. Wilson (Manngatua), 1 pig £3 2s; W. Smith (Alma), 5 pigs £2 17s. Donald Reid and Co. sold: For H. Allnut (Morven),.. 2 pigs £6 15s; a northern client, 4 pigs £5 7s, 6 £5 4s, 1 £5; J. Gregory (Warntah), 12 pigs £4 19s, 7 £4 14s ,3 £4 13s, 1 £4 4s; R, Hamilton (Ashburton), 2 pigs £4 2s, 1 £4 Is, 1 £3 15e, 6 £3 10s, 2 £3 Ss; Robert Ross (Balclutha). 3 pigs £3 3s, 3 £3 Is, 3 £2 14s. 1 '£2; Bulleid and Jones (Oamaru), 1 pig £4 18s, 3 £4 os, 2 £4 7s, 2 £3 14s, 1 £3 16s; James M'lntosh (Gore), 2 pigs £3 18s. '2 £3 17s, 1 £3 10s, 1 £3 7s, 2 £2 12s; D. M'lntosh (Taieri Mouth), 2 pigs £3 18s; N. Omond (Port Chalmers)! 1 pig £2 2s; a Milton client, 2 pigs £2 10s, I £2 17s; Thomas McCarthy (Leith Valley). 1 pig £2 10s; L. Healey (Oamaru), 3 pigs £3 7s, I£2 lie. VTho Otago Farmers’ Co-operative Association of New Zealand sold: For 1 J. Jackson Purdia (Larnach's Castle), 1 £4 6s,' 1 £4; J. W. Thompson (Abbotsford), 1 £4 ss, 1 £3 15s; C. R. Patterson (Corriedale), 2 £4; le, 2 £3 17s, 1 £3 12s, I £3 lla, 1 £3 6s. 2 £2 15s, 1 £2 10s; T; Lyall (Mosgiel), 1 £3 3s. 1 £3 Is; A. Harris (Fairfield), 1 £3; W, Greer (Anderson’s Bay), 1 £2 19s, 1 £2 18s; W. Kirkland (East Taieri), 1 £2 14s.

Store Piga.—Dalgety and Co., Ltd., sold: For A. H. Kennedy (Windsor), 1 £4 7s, 3 porkers £4 Is; T. Deakill (Windsor). 1 porker £4 18s, 1 £4 13s; A. J. Sheat (Windsor), 1 porker £5 Is. Wright, Stephenson, and Co., Ltd., sold: For T. Andrew (Saddle Hill), 1 41s, 2 40s, 8 35s 6d, 1 275; A. M'Millan (M 0,2 , 2 325. 8 30s, 1 245; W. Anderson (Wylhe’s Crossing). 230 s; T. D. Hecnan (Maungntua), 3 24s 6d. 221 g 6d. Stronach, Morris, and Co., Ltd., sold: For G. R Farqulmr (Green Island), 3 P'gs 3"s; A. Bruce (Seacliff), 10 pigs 335; G. J. S. Lyall (Berwick), 10 pigs 295: T. Ryder (Henley), 3 pigs 245; a client, 6 pips 30s 6d, 11 30s, 5 295. Donald Reid and Co. sold: For a Milton client 10 pigs 48s 6d; A. M'Millan (Momona), 10 pigs 295, 1 14s; A. C. Wheeler (Momona), £ pigs 27s 6d; a Henley client, 2 pigs 29s Cd, 225 s 6d, 4 15s 6d; A P Flemmg , (Otokia) .6 pigs 18s; Thomas MCarthy (Leith Valley). 1 pig 15s, 1 Us.—-—The Otago Farmers’ Co-operative Association of New Zealand sold; For G r W ,har (Green Island). 4 pigs 40s; • M Ewan (North-East Harbour), 2 pigs 30s, 3 255; Mrs J. Johnston (Green oil aut m ’ i P'S 378 /W. 4 2Gs 6d, 4 20 S/ 1 a *- M /w ar ?r. (Breton), 1 255; C. M Kensue (Woodhaugh), 1 10s; W. Price (Upper Junction), 1 15s. COUNTRY ORDERS. Forward your next order for meat to Salisbury Butchery, Stuart street. We specialise on rail orders. Only Primeat Ox Beef and Wether Mutton. Cheapest shop for cash.—Advt, LONDON WOOL ' SALES. (United Press Association.) (By Electric Telegraph—Copyright.) • A LONDON, December 3. , (Received Dec. 4. at 5.5 p.rn.) b,w ■mL W>O J-“ leß New Zealan d crossAmerind i actlvc competition, including bu - verß - Greasy often ruled in IC4H <& VO T Wafcie anper halfbred ■mnVLl B ' of speculator lots maiked J.M.S. 18d. Sanes- CMC Eehpse 19d C.F.M. Wakie 214 d. ■' LC ’ Wheat: Cargoes are steady. ManiPln+L ar .° "ecasmnally lower and La Riatas aie held for an advance of 6d. Parcels are in fair demand at an advance

ADDINGTON STOCK, SALE.

(Peb United Peess Association.) CHRISTCHURCH. December 4. At the weekly metropolitan market at Addington yesterday both beef and mutton prices showed increases on those of last week’s sale. There was a largo entry of fat cattle, but in the fat sheep section there was a short supply, the smallest for some’time. Fat lamb values firmed on recent rates, but fat pig prices showed no alteration. Store Sheep.—There was an average yarding, with wethers in good supply. The market was much firmer for all classes, wethers improved by Is Od to 2s per head. Values were: Good four and six-toothed Romney wethers, 25s 6d to 275; medium four and six-tooth Romney wethers, to 25a Gd; good four and sixtoothed ha If bred wewiere, to 25s 6d; ordinary half bred wethers, to 20s 3d; backward half bred wethers, to I6s; good hnlfbred ewe hoggets (woolly), to 29a 3d; medium Corriedale owe hoggets (woolly), to 20s; halfbred wether and ewe hoggets (woolly), to 20s lid: halfbred 1 wether and ewe hoggets, 15s 7d to 18s 2d; small halfbred wether and ewe hoggets, to 14s; sound-mouthed ewes, with lambs 4woolly), 15s lOd to 17s; good two and four-tooth halfbred owes, to 25s Sd; merino wethers (woolly), 7s to Ha 3d. Fat Lambs.—A total of 61l was entered, which was much smaller than for recent sales. The market was firmer by up to Is 6d a head. There was an overkeen, sale, the average price per lb being 9d to Old. / Fat Sheep.—There was a small entry, there being only about 2500 head. There was a very firm sale, though the short supply, and prices for all classes increased on late rates by up to 2s a head. Extra prime shorn wethers made to 37s sd; prime wethers, 32s to 34s 6d; medium wethers, 27s Od to 31s Od; light withers, 22s 6d to 275; extra prime shorn owes, 30s 6d to 335; prime ewes, 25a to 29s Gd; ordinary evfcs, 22s to 24s 6d; light ewOs, 19s to 21s 6d; woolly wethers, to 3Ss‘7d: best yvoolly ewes, to 39s lOd. Fat Cattle.—The total entry was 440 head, with no,“outside" cattle. Prices improved on those of last week’s sale by up to £1 a head for all classes, especially primer sorts. Best medium, weight prime beef made from 46s to 48s per 1001 b; good medium weight prime beef, from 42s to 455; heavy steer beef, from 41s to 445; good cow beef, to 425; secondary, ,34s to 37a; light and rough, to 335; show steers, to £22 17s 6d; heavy prime steers, £2B 10s to £2l 10s; medium-weight prime steel's, £l7 15s to £l9; ordinary steers, £l4 to £l7 ss; light, steers, £ll -to £l3; extra prime heifers, to £l7 2s, 6d; prime heifers, £l4 15s to £ls ss; ordinary heifers, £l3 to £l4 10s; light heifers. £7 10s to £l2; extra prime cows, to £lB 7e Gd; prime cows, ,£l4 10 s to £l6 10s; medium cows, £l2 5s to £l4 ssi light and aged, £8 to £l2. Vealers.—There was a email entry, with few small calves forward. There was a good sale, with little quotable change in recent values. The top price was £7’los. Good vealers made from £4 to £5; best calves, 45s to 60s; and others, 10s to 30s. Store Cattle. —-there wasi a larger entry than usual, which met with keen competition. Prices were on a par with re--cent rates. Two-year-old fteers made £8 ss; best fresh' cows, up to £8 ss; 18 months heifers, £5 19s 6d to £6 18s; and yearling steffs, £5 13s 6d to £B. Bulls were in. gbod demand at prices up to £7 13s Od. , Dairy Cattle.—There was a small yarding of average quality, and prices were much the same as those ruling last week. Values were: Best second and • third culvers, to £l3 10s; others. £8 to £l2 10s: good heifers,-Jll to £l2 ,10s; others, £7 to £lO 10s. Fat Pigs.—-There was a large entrv, which met with irregular sale, But porkers and haconers sold on a par with last week’s prices. Porkers eased toward the close of the sale. Values were: Chop-' ptrs, 30s to £6 6s; baconers, £4 5s to £4 16s 6d (average price per lb 64d to 7Jd); porkers; 42s to C3s (average price per-lb 7Jd to BJd). ■ ‘ Store Pigs.—Therq was a medium'entry and prices showed a decline of up to 4s on last week's sale. Values were; Stores. 28s to 425; slips, 22s to 24s 6d; weaners, LOs to 21n 6d.

CEYLON TEA SALES. i j At Tuesday’s auction in .Colombo 2.010,0001 b were offered. Common teas advanced 2 to 4 cents and there was a good general demand 'for everything ■'except teas possessing very poor quality. Next week’s catalogues ■ will total 2,900,0001 b. PROPERTY SALE. Exceptionally keen demand was .shown for a Castlo street freehold which was isubmitted for auction by Park. Reynolds; Limited, at their rooms yesterday morn- ♦ "Jl c PV°Perty is part of section 15, block 30, with an area of 30.8 poles, on which three four-roomed cottages stand. Biddjug, which started at £SOO. quickly rose to £I2OO, at which figure Mr Smith became the purchaser. EXCHANGE RATES. NEW ZEALAND ON LONDON. ; On and after. December 4, 1929, the following rates of exchange, New Zealand on London, come into force:— Buying. Selling. For cent. 1 Per cent. 2/6 Discount On demand. 20/- Premium. 4/6 Discount 3 d/s I-/ 6 Discount 30 d/s 12/6 Premium. 22/6 Discount 60 d/s ■ 5/- Premium 32/6 Discount 00 d/a 2/6 Discount! 42/G Discount 120 d/s Telegraphic transfers 35s per cent, premium. _ i Currencies between demand and 30 d/s other than 3 d/s to be charged proportionately, — ■ ■■ ■*