WEEKLY MARKET REPORT.

Otago Daily Times, Issue 21300, 2 April 1931, Page 19

WEEKLY MARKET REPORT.

Burnside, April 1. Fat Cattle.—A small yarding of 105 head was yarded. Most of the offering came from the Taieri, very few trucked cattle being forward. The quality was medium to good, and very few heavy cattle were included. The market opened with prices firmed by 10s to 15s per head, but as the sale progressed values showed an easing tendency, and at the end of the sale prices were down to last week’s rates. Quotations are: —Extra prime bullocks, to £l4; prime bullocks, £ll to £l2 10s; medium bullocks, £9 to £lO 10s; light bullocks, from £7 upwards; extra prime cows and heifers, to £lO ss: prime cows and heifers, £7 to £8; medium cows and heifers, £6 to £7; light cows and heifers, £4 10s upwards. The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For W. Lindsay (Allanton), 1 bullock £l3; a southern client, 2 bullocks £l2 12s 6d, 2 £9 17s 6d, 2 £8 17s 6d, 2 £8 ss; Thomsons, Ltd. (North Taieri, 1 bullock £l2 ss, 1 £ll 12s 6d; W. Kirkland (East Taieri), 2 bullocks £ll 17s 6d, 2 £lO ss; Alexander Douglas (East Taieri), 2 bullocks £9, 1 £8 15a; John Black (Mataura), 1 bullock £8 17s Cd, 1 £7; James Douglas (East Taieri), 2 bullocks £6 15s. Dalgety and Co.. Ltd., sold: For Thomsons, Ltd. (“Wairongoa Estate,” North Taieri), 2 bullocks £l2 15s; executors late W. Kirk (Mosgiel), 1 bullock £ll 2s 6d; William Lindsay (Allanton), 1 bullock £ll 17s 6d, 1 cow £8 ss; Alexander Murray (“Keith Hall,” Mosgiel), 1 cow £7 15s; James R. Clearwater (Swampy Flat), 2 bullocks £7 10s. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For W. Lindsay (Allanton), 1 bullock £l2 10s, 1 £ll, 1 heifer £lO ss; a client, 2 bullocks £8 12s 6d. New Zealand Loan and Mercantile Agency Company, Ltd., sold: For Thomson and Co. (North Taieri), 2 bullocks £lO ss; William Kirk (Mosgiel), 1 bullock £9, 1 £8 10s, 1 £7 15s; a southern client, 1 heifer £8 12s 6d, 2 £7 17s 6d, 1 £7, 1 cow £7, 2 cows £5 12s 6d, 2 £5 10s; D. Ireland (Mosgiel, 1 heifer £5 10s. StronacK, Morris, and Co., Ltd., sold: For Henderson and Co. (Wyndham, as agents), 1 bullock £ll, 1 £lO 12s 6d, 1 £lO 2s 6d, 1 £9 10s, 2 cows £6 10s, 1 £6, 1 £5 15s, 1 £5 7s 6d; the executors of the late W. Kirk (Mosgiel), 1 bullock £lO 2s od, 1 £9; Thomson and Co. (Wairongoa), 2 bullocks £9 10s; lan Lindsay (Allanton), ,2 bullocks £9 7s 6d; A. S. Murray (Mosgiel), 1 bullock £8 15s; J. C. Renton (Mosgiel), 3 bullocks £8 10s; fW. Lindsay (Allanton), 1 heifer £8; A. Moynihan (Momona), 1 cow £7-17s 6d, 1 £7 7s 6d. Donald Reid and Co., Ltd., sold: For Thomson and Co. (Wairongoa), 2 bullocks £ll 15s; James Dunery (“The Grange,” East Taieri), 2 bullocks £lO, 2 £9 2s 6d, 2 heifers £7 17s 6d; James Renton (Mosgiel), 2 bullocks £9; executors of W. Kirk (Mosgiel), 2 bullocks £9 12s 6d; William Lindsay (Allanton), 1 heifer £8 ss, 1 cow £7 7s 6d; A. S. Murray (Mosgiel), 1 heifer £6 15s. Wright, Stephenson and Co., Ltd., sold: For W. Lindsay (Allanton), I bullock £l4, 1 £l3 10s; Mrs W. Kirk (Mosgiel), 1 bullock £l2 7s 6d, 1 £l2 10s; Thomson and Co. (Wairongoa), 2 bullocks £l2 ss; George Bathgate (Outram), 1 cow £7 17s 6d; Peter Bathgate (Outram), 1 heifer £7 2s 6d, 1 £7, 1 £8; A. S. Murray (Mosgiel. 1 heifer £7 2s 6d; J. Gordon (Highcfiff), 1 cow £5 12s 6d; T. Wintrup (Green Island), l.cow £5 15s; George Bransgrove (North-East Valley), 1 cow £5 12s Od. Store Cattle. —A small yarding of mixed cattle was forward, which sold at prices on a par with recent values. The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For W. Curran (West Plains), 1 cow £7 10s, 1 £7 3e, 1 £7, 2 £6 7s 6d, 1 £5 10s, 1 £5, 1 £4 10s; John Black (Mataura), 1 cow £7 15s, 1 £7 10s, 1 £7 7s 6d, 1 £7, 1 heifer £2 2s, 1 £1 12s 6d, 1 £6; F. Hutton (Edendale), 2 cows £7, 3 £6 15s, 1 £6, 2 £5 15s 1 £5 2s 6d, 1 £4 10s; E. Ladbrook (Invercargill), I heifer £6 10s, 1 cow £6, 2 £3 12s 6d, 2 £3, 2 vealers 15e, 1 11s; William Lindsay (Allanton), 3 cows £B, 1 £4 15s, 1 heifer £5 3e; lan Lindsay (Allanton), 2 heifers £2 17s 6d, 1 £2 10s, 1 £2 6s, 1 £1 10s; W. Wright (Port Chalmers), 1 hull £1 10s, 1 heifer £1 15s, 1 cow 12s 6d, 1 vealer 16s; a client, 1 vealer £1 10s, 2 £1 ss, 1 15s; a client, 1 bull £5 10s, 6 vealers 19s; W. H. and J. Kedzlie (Halfway Bush), 1 cow £6 11s, 3 £1 45,.1 17s 6d, 5 steers fl 13s, 1 vealer £1 2s, I 17s; a Pine Hill client, 1 cow £2 2s 6d; John Nicholson (One Tree Farm), 1 cow £5 10s, 1 heifer £4 15s ; I cow £2 11s; M. Allan (Omimi), 1 heifer £4 15s, 1 £4 12s 6d; G. R. Farquhar (Green Island), 1 cow £3; Hope Bros. ■ (Nenthorn), 1 cow £6, 1 £4 2s 6d, 1 £3 12s 6d, 1 £3 10s, 1 £3 ss, 1 £2 15s, 1 heifer £2 Us; J. W. Nesbit (Mornington), 1 cow £2 11s, 1 £2 2s 6d; Mrs M. Scahill (Windsor), I heifer £2 18s, 1 £2 7s 6d, 1 £2 ss, 1 £2 Is, 2 steers 14s; G. Pryde (Seacliff), 1 cow £5, 1 £4 15s, 1 £2 Is, 1 steer £2 7s, 1 £2 6s, 1 £1 15s, 1 £1 12s; a Taieri client, 1 heifer £3 ss; D. Ireland (Mosgiel), I vealer 16s; A. Ross (Glenesk), 2 cows £4, 1 £2 17s Od, 1 vealer £1 10s, 1 £l, 1 11s, 1 10s. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For J. Cummock (Galloway), 1 cow £6, 1 bull £1 ss, 1 cow 15s, 5 calves up to 10s; J. Lawson (Stirling), 1 cow £1 4s. New Zealand Loan and Mercantile Agency Company, Ltd., sold; For a northern client, 2 trucks of cows .at market rates. Stronach, Morris, and Co., Ltd., sold: For T, Moynihan (Momona), 2 cows £3 12s 6d, 3 £2 ss; A. Moynihan (Momona), 1 steer 10s; a client, 1 cow £1 ss. Donald Reid and Co., Ltd., sold: For D. Ireland, 1 cow £4 6s, 1 heifer £3 Iss, 1 cow £2 10s, 1 £1 4s; Airs A. Davidson (Ravensbourne), 1 cow 14s, 1 vealer ss; Cromwell Pickering (Port Chalmers), 1 vealer 9s, 1 7s, 1 steer £2, 1 heifer £2; A. Chapman (Alihiwaka), 1 cow £3, 1 10s, 1 bull 15s, 2 heifers £2 4e, 2 vealers 9s; P. Hellyer (N.E. Valley), 1 heifer £3 12s, 1 £3 7s 6d, 3 £2 17s 6d; George Kirby (Allanton), 2 steers £2 10s; S. Tweedie (Wakari), 1 bull £2. Wright, Stephenson, and Co., , Ltd.,, sold: For George Bathgate (Outram), 1 cow £6 10s; G. Wyllie (N.E. Harbour), 1 heifer £4 ,ss; R. WilsoU (Caversham)’, 1 cow £5 10s, 1 heifer £2 7s 63; Peter Bathgate (Outram), 1 cow £3 6s, 1 £2 17s 6d, 1 £2 10s; R. M'Donald (Bortons), 1 cow £2 10s, I£l 17s 6d, 1 fl, 1 17s, 210 s; J. Brown (Waitati), 1 heifer £2, 1 £2 ss; W. Strnthers (Pine Hill), 4 heifers 15s, 2 steers 14s.

Dairy Cows.—Stronach, Morris, and Co., Ltd., sold: For clients, 1 dairy heifer £7 10s, 1 £3 17s 6d. The Otago Farmers' Co-operative Association of New Zealand, Ltd., sold: For a client, 1 cow £7 10s; Thomas Maxwell (Dunedin), 1 cow £5 17s 6d; R. Allan (Omimi), 1 heifer £5; John Paterson (Caversham), 1 cow £4 2s 6d; a Mosgiel client, 1 cow £2 15s. 1 £2 10s. Donald Reid and Co., Ltd., sold: For Cromwell Pickering (Port Chalmers), 1 cow £6 10s; A. Chapman (Mihiwaka), 1 cow £2 12g 6d; Mrs A. Davidson (Ravensbourne), 1 cow £2. Calves. —Stronach, Morris, and Co., Ltd., sold: For W. Greaves (Mihiwaka), 1 calf 3s. The Otago Farmers’ Co-oper-ative Association of New Zealand, Ltd., sold: For W. Sproull (Fairfield), 1 calf 8s; R. Habershor (Macandrew Bay), 1 8s; T. Woodford (Burnside). 1 7s 6d; J. L. Ford (Pine Hill), 1 7s; R. Clark (Portobello), 1 7s; A. Murray (Mosgiel), 1 ss; D, MTjaren (Caversham), 1 3s; Yalpy and Sons (Green Island), 4 3s. The New Zealand Loan and Mercantile Agency Company, Ltd., sold: For H. Hodges (Mihiwaka), 1 calf ss. Donald Reid and Co., Ltd., sold: For J. B. Wix (Milton), 1 calf 19s; Thomas Burns (Mosgiel), 1 10s; St. Joseph’s Orphanage, 2 3s; a client (Waitati), 1 4s, 1 2s, Fat Sheep.—A smali yarding of 1408 sheep came forward, comprising five trucks 9f good quality wethers, the balance being made up of a fair proportion of heavy ewes and medium and light wethers and ewes. The market opened to good competition, prime wethers and ewes showing an increase as compared with last sale of fully Is per head. Medium and light wethers were also firmer. The sale was even throughout, the closing sales being equal to opening rates. Quotations are:—Extra prime wethers, to 16s; prime wethers, 12s to 14s; medium wethers, 8s to 11s; extra prime ewes, to 10s 9d; prime ewes, 7s to 9s; light to medium ewes, 4s to 6s. The Otago Fanners’ Co-operative Association of New Zealand, Ltd., sold: For R. Mitchell (Outram), 12 wethers 13s 9d, 26 13s 3d, 6 13s 6d; a client. 6 ewes 7s 3d, 2 8s 6d; W. G. Lewis (Portobello), 30 ewes at quotations. Dalgety and Co., Ltd., sold: For C. J. Fox (Fortrose), 12 wethers 16s. 6 14s 9d, 10 13s 9d, 9 14s 3d, 13 13s 3d, 9 12s 3d; A. W Scott (Gibbston), 6 ewes 8s 9d, 13 7s 3d, 9 6s 6d; George Nimmo (Outram), 13 ewes 6s 3d, 7 4s 9d; Richard Mitchell (Outran!). 11 wethers 11s 6d, 9 ewes 4s. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For R. Mitchell (Outram), 3 wethers 17s. 9 11s 3d, 12 9s, 5 ewes 8s ltd; Messrs D. and L. Stalker (Kelso). 18 wethers 13s, 15 12s, 7 11s 9d. 21 11s; \V. Kirk (Tapamii). 3 ewes 10s 9d. 11 7s Od, 18 5s Gd; A. M'Kinnon (Middlemarch). 14 wethers 13s, 14 12s 3d. 17 11s Gd, 20 11s: A. L.

Fraser (Roxburgh), 3 wethers 12s, 13 11s 6cl, 19 11s 3d, 31 10s 3d; W. R. Grey (Milburn), 4 ewes 7s 9d, 10 7s 3d, 6 9s; A. E. Hore (Waipiata), 16 ewes 6s 9d, 11 ewes 5s 9d; H. E. Mitchell (Maungatua), 8 wethers 10s; a client, 13 wethers 11s 9d; G. H. Sanders (Pomahaka), 19 ewes 9s 6d, 13 ewes 7s; A. L. Clack (Milton), 22 ewes 6s 6d, 11 a client, 8 ewes 6s 6d, 13 ewes ss. New Zealand Loan and Mercantile Agency Company, Ltd., sold: For G. J. Fox (Fortrose), 13 wethers 15s, 12 13s 6d, 16 12s 3d, 16 lls 9d, pen ewes 9s; P. J. Scanlon (Milton), 5 ewes 8s 9d; G. Nimmo (Outram), 8 ewes 5s 9d, 13 4s; a client, pen wethers 10s, 3 9s 9d, 9 ewes 6s 3d, 3 5s 6d.— — Stronaeh, Morris, and Co., Ltd., sold: For G. J. Pox (Fortrose), 15 wethers 14s 9d, 20 14s, 7 12s 9d, 18 12s 3d; A. M'Kinnon (Middlemarch), 6 wethers 13s, 15 lls 9d, 22 lls 6d, 22 lls; R. P. Sharp (Cromwell), 5 wethers 9s 6d, 3 7s 9d; R. M. Johnstone (Sutton), 14 ewes 8s 9d, 12 7s; B. Cotterell (Middlemarch), 16 ewes 6s 9d, 17 5s 9d. Dcuald Reid and Co., Ltd., sold: For Shirk) - . Bros. (Tokonui), 18 ewes 7s, 3 6s 3d, 18 6s, 2 ss, 17 4s 9d; R. Hamilton (Wylie’s Crossing), 3 wethers 15s 6d, 20 ewes 7s 3d, 9 6s 9d; R. Mitchell (Outram), 11 wethers 13s 6d; W. C. Higgins (Middlemarch), 1 wether 14s, 3 ewes 8s 3d, 0 Bs, 13 5s 3d, 13 ss; a client, 22 wethers 12s 6d, 24 10s 3d, 6 9s 6d; J. H. Jaffray (Milton), 9 ewes 9s 6d, 12 7s 9d, D. Russell (Milton), 12 ewes 9s 9d; A. Scott (Burnside), 8 ewes 9s; J. Reid (Kokonga), 9 ewes 9s 6d, 10 8s 9d; W. Finch (Milton), 5 ewes 7s 9d; Miss A. Inglis (Milton), 5 ewes 10s 9d, 8 8s 6d, 7 7s 6d; J. J. Gregg (Kuri Bush), 33 ewes to 4s 9d.— —- Wright, Stephenson, and Co., Ltd., sold: For J. ,Wintrup (Wingatui), 11 wethers 14s, 1211 s, 13 10s 16 6s 9d; H. Steenson (Hyde) 15 wethers 12s, 14 lls 3d, 17 10s, 22 9s 3d; A. C. Stringer (Gimmerburn), 9 ewes 9s 3d, 12 9s 6d, 13 7s, 14 6s 6d, 15 6s 3d, 15 6s, 18 5s 3d, 4 5s 3d; Mrs J. Corrigall (Omakau) 27 ewes 3s 6d. Fat Lambs.—An average yarding of about 900 was penned up. Included in this was a truck dr two of extra prime quality, which sold 1 at prices on a par with last sale. _ There was no change in light and freezing weights. Quotations are: Extra prime lambs, to 16s; prime heavy, 14s to 15s; prime, 12s to 13s 6d; medium to light, 8s to lls. —The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For F. G. Glover (Middlemarch), 8 lambs 14s 9d, 16 13s 3d, 8 12s 6d. 8 12s 3d; Wm. Finch (Milton). 2 lambs 14s 9d, 3 14s 5 13s 3d; R. G. Dick (Portobello), 2 lambs 13s 9d; J. L. Ford (Pine Hill), 9 lambs 13s, 1 12s, 7 lls, 8 10s 3d; H. Orr (Moneymore), 8 lambs 12s 3d, 4 9s 3d; a client, 3 lambs 14e 6d; P. Weipers (Sandymount), 2 lambs 13s 6d; A. Thomson (North Taieri), 10 lambs 13s 6d. Dalgety and Co. Ltd., sold: For George Nimmo (Outram), 10 lambs 13s 9d; Thomsons’ Ltd (Wairongoa estate, North Taieri). 10 lambs 13s 6d; A. W. Scott (Gibbston), 10 lambs 12s. 2 lls 6d, 17 10s 9d, 14 10s 3d; John Imrie (Mosgiel), 1 lamb 15s. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For A. E. Hore (Waipitata), 15 lambs 14s, 17 13s 6d, 10 12s Od; a client, 10 lambs 14s; H. E. Mitchell, 6 lambs 10s; a client, 3 lambs 10s. —— The New Zealand Loan and Mercantile Agency Company, Ltd., sold: For Thomson and Co. (North Taieri). 13 lambs 14s 3d, 8 14s, 9 13s 6d; 6. Nimmo (Outram), 15 lambs 14s 3d; A. Campbell (Milton), 7 lambs 13s; T. Fiunie (Saddle Hill), 6 lambs 13s 9d; John A. Healy (Tokoiti), 3 lambs 14s Od; Mount Aspiring Company, Ltd. (Pembroke), 12 lambs 13s 9d, 15 13s 3d. 14 12s 9d, 20 12s 3d, 18 12s, 24 lls 6d, 20 lls, 17 10s 9d; a client, 6 lambs 12s. Stronaeh, Morris, and Co., Ltd., sold: For T. Finnic (Saddle Hill), 5 lambs 14s 3d; Thomson and Co. I Wairongoa), 5 lambs 14s, 5 13s 3d; A. Moymhan (Momona), 13 lambs 14s, 14 13s, 4 lls 3d, 1 9s; B. Cotterill (Middlemarch), 4 lambs 13s, 212 s 9d, 4 lls 3d; H. Johns (East Taieri), 9 lambs 12s 9d, 9 lls 6d; R. P. Sharp (Cromwell), 19 lambs 10s 6d, 13 8s 3d. Donald Reid and Co., Ltd., 'sold: For Wm. Rutherford (Waipiata), 9 lambs 14a 6d, 23 13s 6d, 21 12s 9d, 20 12s; F. G. Glover (Middlemarch), 9 lambs 13s 6d, 23 12s 3d, 8 lls 9d; Thomson and Co. (Dunedin), 10 lambs 13s 9d; R. Hamilton (Wylies’ Crossing), 27 lambs 14s 9d, 6 12s 6d; A. Fowler (Clarendon), 13 lambs 12s 6d; W. C. Higgins (Middlemarch), 12 lambs 12s 3d, 24 12s; J. H. Reid (Kokonga), 8 lambs 13s 3d, 36 12a; Albert Dryden (Leith Valley)., 1 lamb 12s 6d, 1 10s 6d. Wright, Stephenson, and Co., Ltd. sold: For J. Geoffrey (Wedderburn), 8 lambs 16s, 21 14s 9d, 26 14s 6d, 22 13a 9d; Thomson and Co. (Wairongoa), 6 lambs 13s 6d, 4 13s 9d; Mrs J. Corrigall (Omakau), 42 lambs 12s 9d. Fat Pigs.—A email yarding of pigs came forward. Prices showed no change as compared with last sale. —The Otago Farmers’ Co-operative Association of N.Z., Ltd., sold: For A. Fleming (Palmerston), 2 pigs £3 18s; W. Lowery (Milton), 1 £3 lls; Bernard Healey, jun. (Milton), 1 £3 7s; Milton client, 1 £3 6s, 1 £3 4sj M. Hare (Milburn), 1 £3 3s, 1 £3; H. Lyders (Fairfield), 1 £3 7s, 1 £2 17s; W. Sprott (North-East Harbour), 2 £3 Is, 1 £2 19s; Freeman Bros. (Abbotsford), 2 £3; W. J. Mulbrine (Milton), 2 £3; W. Kirkland (Mosgiel), 2 £1 12s. Now Zealand Loan and Mercantile Agency Company, Ltd., sold: For a client, 3 pigs £3; J. S. Blackie {Mosgiel), 1 £2, 1 19s. Stronaeh, Morris and Co., Ltd., sold: For C. Leaner (Mosgiel), 3 pigs £3 12s. Donald Reid and Co., Ltd., sold: For a client, 1 pig £3, 2 £2 18s; Charles Spain (North-East Harbour), 1 £2 19s, 2 £2 16s, 2 £2 12s, 1 £2 Bs. Wright, Stephenson and Co., Ltd., sold: For W. N. Ellison (Palmerston), 2 pigs £3 Bs. Store Pigs.—A small yarding came forward, which sold at prices on a par with recent rates. —New Zealand Loan and Mercantile Agency Company, Ltd., sold: For S. Gibson (Mosgiel), 1 pig 265; a client, 1 ss. Stronaeh, Morns, and Co., Ltd., sold; For W. H. Herd (Merton), 2 pigs £1 6s; Peter White (Merton), 2 19s, 4 17s. Donald Reid and Co., Ltd., sold: For G. Newman (Momona), 2 pigs fl ss, 4 £1 4s; F. Robertson (Lawrence), 4 18s, 3 16s, 4 14s 6d. ADDINGTON MARKETS • (Per United Press Association.) CHRISTCHURCH, April 1. At the Addington market to-day entries in the fat stock sections were smaller than usual. There was the heaviest entry of the year in the store sheep section. Store Sheep.—For coarse-woolled young sheep a slight advance was recorded, and a decline of up to 2s a head for unattractive older ewes. Values were; Extra good two-tooth Romney cross ewes, 21s 9d to 23s 3d; good, 16s to 19s; extra good four-tooth Romney cross, 18s 3d to 19s 3d; ordinary four and six-tooth, to 12s 9d; extra good six and eight-tooth, to 18s 3d; extra good two-tooth crossbred ewes, to 225; good, 15s 6d to 18s; ordinary, 10s to 14s 6d; good four and six-tooth, to 17s 3d; ordinary, 10s to 13s; plain, to 9s; ordinary six and eight-tooth, to 10s; ordinary, 6s to 8s; sound-mouthed, 4e to 7s; extra good two-tooth halfbred ewes, 17s to 19s; good, 13s 6d to 16s; ordinary, 10s to 12s 6d; plain, 7s to 9s 6d; extra good four and six-tooth, to 17s 6d; good, 12s to 14s; ordinary four, six, and eighttooth, 8s to 9s 9d; sound-mouthed, 4s to 6s; good four and six-tooth halfbred wethers, to lls 2d; ordinary, to 7s 7d. Store Lambs.—A heavier entry with values easier by Is to Is 6d a head. Values were; Good rape lambs, 10s to lls 7d; ordinary rape lambs, 6s 6d to 9s; small and backward, 2s to 6s; ordinary ewe lambs, 6s 10d; medium wether lambs, 7s to Bs. Fat Lambs.—An entry of 3000 sold steadily at late rates under a keen demand. Values were; Prime lambs, to 15s lOd; medium, 13s 6d to 14s 9d; light, lls to 13s; store, 8s 6d to 10s 9d. * Fat Sheep.—An irregular sale with ewes on a par with last week’s market and wethers a shade easier. Values were: Prime heavy wethers, 13s 6d to 16s lOd; medium, lls 9d to 13s; light, 6s to 8s; prime ewes, to 10s lOd; medium, 7s 6d to 9s: light, 5s 6d to 7s; aged, 3s 6d to ss. Fat Cattle.—A splendid quality entry of only 265 head. The market opened up to £2 a head better, but eased to last week’s level. There was an average advance of £1 a head for all classes. Choice beef made from 32s to 35s 6d per 1001 b; good medium-weight beef, from 28s to 325; plain heavy beef, 25s to 295; cow beef, 23e to 27a 6d; secondary. 19s to 225: and rough down to 16s. Values were: Extra prime heavy steers, to £l7 17s 6d; prime, £l2 10a to £ls; prime medium-weight, £9 5s to £l2: medium quality, £7 to £9; light, £4 12s 6d to £6 10s; extra prime heifers, to £l2 12s 6d; prime, £8 10s to £11; medium, £5 to £8: light, to £5 10s; extra prime cows, to £l2 2s 6d; prime, £8 to £lO 10s; medium. £5 10s to £7 10s; light, to £5.

LONDON WOOL SALES (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, March 31. At the wool sales 6338 bales were offered, including 3109 from New Zealand. There was a miscellaneous selection. Prices closed firm. The feature of the series was strong competition from all centres. Prices, compared with the January closing rates, were:—Merinos: Finest, 10 to 15 per cent, higher; average, 15 to 20 per cent.; faulty carbonising sorts, fully 10 per cent.; crossbreds —finest 25 per cent., medium 20 per cent. Lambs: Merinos, 10 per cent.; crossbreds, 20 per cent. The bales catalogued numbered 159,163. Sold —Home 80,000, Continent 70,500, United States 1000. The number held is 59,000, of which 55,000 were not offered. The total of Australian wool sold was 84,000 bales and of New Zealand wool 45,000. New Zealand greasy crossbreds; “MP,” 9Jd; “ Okara,” 94d and BJd; “Kobata,” 9|d and 9d; “Eur,” 9d and B£dThe Otago Farmers Co-operative Association of New Zealand, Ltd., has received advice from London as follows: — The wool sales closed on March 31, and prices, compared with the opening rates, are: Merinos id, crossbreds id to fd, slipe id to id dearer. The market is firm. Messrs Murray, Roberts, and Co., Ltd., have received the following wool market cablegram from London, dated March 31: — The sales have closed with a good tone. Competition was good, all sections operating freely. Compared with the closing rates of the last London sales, greasy merino of the best descriptions advanced 20 per cent. Greasy manno of other descriptions advanced 25 per cent to 30 per cent; scoured merino, best, advanced 20 per cent. Scoured merino of other descriptions advanced 15 per cent.; crossbred greasy comeback and crossbred greasy fine advanced 30 per cent; cross•bred greasy medium and crossbred greasy coarse advanced 25 pel cent, to 30 per cent.; slipe fine crossbred advanced 20 to 25 per cent.; slipe crossbred other descriptions advanced 25 per cent; crossbred scoured advanced 20 to 25 per cent. The following is the range of prices, the prices at the opening of the senes being given in parentheses: —60/64’a (New Zealand merino), yielding 48 per cent., 10M (—); 66’s, yielding 60 per cent., lOd (93d); 50’s, yielding 65 per _ cent., 0d (Sid); 44/46 r s, preparing, yielding 74 per cent., BJd (73d); 46’s, carding, yielding 72 per cent., 7Jd (74d); .40/44 s, yielding 73 per cent., 7|d (7fd); 36/40 s, yielding 75 per cent., 7fd ( —). The New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cablegram from its London house under date March 31; — As compared with last sales closing rates, prices are higher about 2d to 2Jd per lb for merino ond crossbred lambs, greasy merino medium, greasy crossbred, coarse crossbred slipe, greasy merino inferior higher about 2Jd to 3d per lb; for crossbred scoured, medium and ,ne crossbred; higher about lid to 2d per lb for greasy merino super and scoured merino. The sales closed firmly to-day. Messrs Dalgety and Co., Ltd., have received the following cablegram from their head office, London, dated March 31:—Wool. —The sales closed active, with good general competition. The home trade was the principal operator, with good support from the Continent. As compared with the closing rates of last series: —Greasy merino, 2Jd to 3d higher; scoured merino, 2Jd to 3Jd higher; greasy halfbred, 2Jd to 3d higher; greasy fine crossbred, 2±d to 2|d higher; greasy crossbred medium and coarse, 2d to 2id higher* scoured crossbred, 2id to 3id higher; good slipe, 2Ad to 3d higher: average and inferior slipe, 2d to 2Jd higher; lambs greasy, Id to 2d higher; greasy pieces and bellies, 2Jd to 3d higher. A total of 159,213 bales was offered, of which the home trade has bought 80,000 bales, the Continent has bought 70,500 bales, and America has bought 1000 bales. There is thus carried forward 59,000 bales, of which 65,500 bales were not offered. The total sold was 151,500 bales. The following is the range of prices realised at the first sales of the present series:—Merino: Good to super, 12d to 134 d; low to medium, 84d to 11-id. Halfbred, 56/58: Good to super. Hid to 13d; low 'to medium, Bid to 10|d. Halfbred, 50/56: Good to super, 9Jd to llfd; low to medium, 8d to 9id. Fine crossbred, 48/50: Good to super, 9id to 103 d; low to medium, 7id to 9d. Fine crossbred, 46/48: Good to super, 9d to 10id; low to medium, 7id to BJd. Crossbred, 44/46: Good to super, BJd to 9Jd; low to medium, 7d to Bid. Crossbred, 40/44: Good to super, 8d to Bid; low to medium, 6|d to 7Jd. Coarse crossbred, 36/40; Good to super, 7id to 8d; medium to good, 6Jd to 7id. A NEW ZEALAND CARLSBERG “ Exactly the same water as that from the famous Carlsberg Springs at Copenhagen! ” With these words Mr J. P. Spangenberg, the famous consulting brewers’ engineer to the Carlsberg Breweries, Copenhagen, Denmark, probably laid the foundations of a new industrial concern in Auckland, capable of employing a large staff of men with an annual wages bill of £IO,OOO per annum. This world-famous authority visited New Zealand recently at the express invitation of Lager Breweries (N.Z.), Ltd., for the purpose of finding a suitable water supply for the manufacture in New Zealand of genuine lager beer of low alcoholic content, and the remark given above was bis opinion after testing samples of water taken from artesian wells on Pigeon Mountain, Pakuranga. The importance of his discovery cannot be too highly estimated, as the Carlsberg Spring, to which he refers, is the water used for the manufacture of the world-famous Carlsberg Lager, and the fact that similar water has been located in New Zealand ensures the establishment of a large brewery in the vicinity of Pigeon Mountain, Pakuranga. The company will make its first announcement within the next few days, and this should prove of great interest. HID£ SALE The Dunedin Stock Agents’ Association (the Otago Farmers Co-operative Association of New Zealand, Ltd., National Mortgage and Agency Company, Ltd., Stronaeh, Morris, and Co,, Ltd., Donald Reid and Co., Ltd., Dalgety and Co., Ltd. New Zealand Loan and Mercantile Agency Company Ltd., Wright, Stephenson, and Co., Ltd.) reports as follows on the hide sale held yesterday:— Medium sized catalogues were offered to a good attendance of buyers, when competition was very animated from both tanners and shippers. Prices, as compared with last sale, showed a rise all round. Ox hides advanced Jd to l|d per lb; cow hides advanced fd per lb; while yearlings and calfskins advanced up to 2d per lb. The following is the range of prices:— Abattoir Hides. —Stout ox, 8d to lOd; medium ox, s|d to lOfd; light ox, SJd to 53d; stout cows, up to s§d; medium cows, 54d to s|d; medium cows, up to 53d; ox” cut, s|d to 7fd; cows, cut, up to 4|d; yearlings, 6d to 6|d; calfskins —4lb, to Bfd; 51b to 61b, Bfd to 9d; 71b to 81b, to 9d; calfskins, cut, 51b to 61b, 6d to 7d; 7!b to 81b, up 7fd. Country hides: Medium ox, to 4id; light ox, to” 4Jd; ox. slippy, to 3Jd; medium cows, to 4;]d; light cows, 4d to 4Jd. Messrs Fraser and Co., selling agents for Otago and Oamaru Egg Circles, report as under:—Eggs: Poultry farm eggs, Is lOd; others, Is 8d to Is 9d. Butter: Separator pats, lOd to 10id per lb; bulk, lOid to Hid per lb. Tallow, 10s to 12s per cwt. Pigs: Good bacon weight, s|d to 6d per lb; overweights, 3d to Id. Porkers, 6d per lb. Potatoes, 4s 6d to 5s 6d per cwt. Chaff, £5 10s to £6 per ton, sacks extra. Whole fowl wheat, 5s 6d to 5s 9d per bushel. Bulk honey, 5d to 5Ad per lb; 101 b tins, 5s 6d to 6s. Beeswax, Is 6d to Is 7d. Poultry: White Leghorn hens, 2s to 3s; heavy breeds, 3s to 4s; cockerels, 2s to 8s; roosters, 2s to 2s 6d; ducks, 4s to ss; ducklings, 5s to 7s 6d, all per pair. Turkey gobblers, Is to Is id per lb, live weight; hens, lid to Is. We stock Palmer’s chick food, Perfection meat meal, leg rings Is per dozen (special quotes for quantities). Agents for Champion egg crates, Moreg poultry spice, “ Isco ” cod liver oil for poultry (prices on application). Consignors, please note that all pigs and poultry must arrive not later than Wednesday morning of each week. We have a stock of poultry crates on hand for the use of our clients.

PRICE OF FINE GOLD (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, March 31. The price of fine gold is £4 4s 9fd per ounce. LONDON STOCK EXCHANGE (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, March 31. Bank of Australasia, £8 17s 6d; Bank of New South Wales, £23 2s 6d; Union Bank of Australia, £7; National Bank of New Zealand, 97s Gd.; Bank of New Zealand, 4 per cent, £96 ss; shares, 47s 6d; New Zealand Loan and Mercantile 4 per cent, debentures, £6B 10s (ex interest); ordinary stock, £53. DAIRY PRODUCE The South Island Dairy Association, Ltd., has received the following market report from the New Zealand Produce Association, Ltd., London:—Butter: Quiet, HOs to 112 s; Danish, 116 s. Cheese: Quiet. White 51s to 525, coloured 54s to 555. COMPANY BALANCE SHEETS. DUNEDIN AND KAIKORAI TRAM COMPANY, LTD.

The net profit shows a decrease of slightly over £2OO, but the shareholders continue to receive a 10 per cent, dividend. The allocation of the year’s surplus approximates five-sixths to shareholders and one-sixth to reserves. Although the function that this company performs may not render its results susceptible to much fluctuation, the fact of its maintaining its rate of dividend at the present time, while not neglecting reserves, reflects creditably on the management. The total receipts come out at practically the same figure as that of the previous year, the deficiency in the traffic receipts having been made up by the larger revenue from interest. Fewer trips have meant the conveyance of a smaller number of passengers, but'the return per unit has increased, as the following columns show: — Traffic

The expenditure keeps remarkably even. Wages and salaries, at £5762, are up by some f 100, while maintenance and repairs also show a slight rise. A saving of about £l6O has been effected in fuel in spite of the increase in the cost of coal. Altogether the expenditure is up by some £2OO, the special allowances towards premiums on investments and for income tax reserve having contributed materially to that end. When general expenses alone are placed opposite traffic receipts, the ratio works out as follows:

The position of the fixed assets is set out with the usual clearness. With the exception of land, which, at £1568, is unchanged, each has been subjected to depreciation at a fixed rate, full details being given. Road construction predominates, but its present value of £10,374 shows the steady reduction that has taken place in late years. Plant and machinery have absorbed £690 in capital expenditure, due perhaps chiefly to the installation of the automatic stoking device, the benefit of which should continue to be felt in the future. This addition more than counteracts the 6 per cent, allowance for wastage, the net book value being raised to £4753. Rolling stock (£1989) and buildings (£1363) are again reduced by the amounts of their respective allowances, no_ additions having been made to them during the period. As a provision of £998 has been applied to fixed assets aggregating £21,061, all ordinary wastage should be fully provided for. The liquid assets are remarkable for the large proportion held in cash or its equivalent. Out of a total of £10,269, there is £8143 held either in cash or giltedged securities, leaving £2028 represented by stock, and £9B by sundry debtors. Credit occupies a small part in the company’s affairs, the great bulk of the transactions being for immediate cash. Financing is not hampered by any large amount tied up in sundry debtors, the majority of those that appear in the balance_ sheet being probably payments for certain expenditure made in advance. Stock holds more, but even in relation to it the cash assets stand in the proportion approximately of four to one. Investments in Government and municipal securities absorb £6619. after some writing down has taken place in the figures of the former. Reserves continue to mount, the increase at this time being approximately £l9l. The sum of £235 available out of the net surplus has been cut down by the withdrawal of the income tax reserve that appeared at January, 1930. The contribution of £lo7'towards income tax reserve on account of the past year has apparently been included under sundry creditors on this occasion. General reserve is increased to £12,000, partly at the expense of the floating balance, which, notwithstanding its depletion both now and 12 months ago, holds £5240. Sundry creditors have risen to £485, but it would seem that the heading does not entirely represent indebtedness. In any case, all liabilities are well covered by the bank balance, which is in the happy position of being augmented regularly by the takings. On an average of 3746 passengers carried per diem, the stream of money into bank should flow fairly steadily.

Paid-up capital, £12,000. Gross Net DiviJan. 31 Boserrea. Hocelpla. Profit. dend. £ £ £ p.o. 1921 • • > • 11.834 11,290 2,312 7 1022 12.312 11,889 1.618 7 1023 13.123 12.006 1,051 7 1924 14,541 12,100 2.318 7% 1025 • • •« 15,000 12,703 2,538 8 1020 M ,, 10,728 13,823 2.432 •10 1027 • • .. 17.848 13,620 2.041 10 1928 • • «• 10,578 12.213 501 10 1029 16,885 13,819 1.832 10 1030 17,049 13,163 1,644 10 1031 17,240 12,167 1,435 10 •Including bonus.

Passengers. Receipts. Per Unit. £ d. 1922-23 .. .. 1.378.632 11,803 2.057 1923-24 .. .. 1,420,207 12,158 2.055 1924-25 .. .. 1.483.902 12,736 2.060 1925-28 1,539,129 13.242 2.065 1928-27- .. .. 1,552.719 13.290 2.054 1927-23 .. .. 1,407.922 11,050 2.031 1928-28 .. 1.418,288 12,100 2.049 1929-30 .. .. 1.394,264 11.904 2.040 1930-31 .. .. 1.367,453 11,773 2.068

General Trafflo Exponas®. Becelpts. Eatlo. £ £ p.o. 1820-21 .. 8,880 11,188 70.72 1921-22 .. 9.668 11,881 88.40 1922-23 .. 9.99* 11.803 84.67 1023-2* • • .. 9,480 12,168 77.78 1924-25 .. 9.88* 12,730 77.61 1925-20 .. 9,595 13,242 72.*fl 1920-27 ,, .. 10,450 13,290 78.03 1927-23 10,847 11,983 88.19 1928-29 ,, .. 9,942 12,100 82.12 1929-30 , , .. 9.516 11,90* 79.93 1930-31 .. 9,606 11,778 81.89