COMMERCIAL.

Otago Witness, Issue 3330, 9 January 1918, Page 24

COMMERCIAL.

STAINLESS CUTLERY. A recent order of the Minister for Munitions prohibiting immediately tho manufacture of stainless steel, has dealt a severe blow to the English cutlery trade, and will deprive it of a large amount of profitable business, more particularly in the colonial markets. Acoording to the Sheffield Daily Telegraph th© 6tep was rendered necessary by the shortage ot ferro-chrome, a considerable quantity of which is used in the manufacture of stainless steel. As the chrome has become scarce the requirements of the allied Governments for steel containing chrome have advanced rapidly, and promise to manifest further development. Therefore the continued making of stainless outlery would hinder tho production of the urgently needed munitions of war v and in the face of such an alternative it was inevitable that the interests of the cutlery trade should give placo to the cause of the Allies. Apparently tho order . has been received by cutlery makers in a spirit of patriotism, and they do not propose to protest or to take steps for a modification of the embargo. Exporting houses report that the British dominions' aro buying little else than stainless outlery in the table knife line, and their boojis are filled with orders sufficient in many cases to occupy them for six months. One consolation to the Sheffield makers is that there' is little or no prospect of foreign competitors capturing the export trade. The United States has been buying stainless cutlery from Sheffield, and there is no reason why the steel should not bo made there, but It is patented in that country by a Sheffield inventor. AUSTRALIAN MARKETS. MELBOURNE, January 4. Barley: Chevalier malting, 4s 9d. ss; Capo, 3s 3d, 3s sd. Oats: Algerian milling, 2s sid, 2s 6d; feed, 2s 4£d, 2s sd. Potatoes, £9, £lO. Onions, £B, £8 10s. SYDNEY, January 3. Oats: Algerian, 3s to 3s 8d; Tasma-nian, 3s lOd to 3s lid. Maize, 6s. Potatoes: Tasmanian, £6 6s. Onions, £lO to £ll.

OAMARU STOCK MARKET. OTISOH 008 OWV COBRISPONDIM.)

OAMARU, January 5. In the stock market business has been affected, both by the holidays and agents being engaged receiving wool, which is coming forward freely. Some sales of sheep in modest Jines have been made at the following prioes:—Shorn full-mouthed ,ewes with lambs, 23s 6d, all counted; fullmouthed owes in the wool, witli lambs, 24s 9d, all counted; two-tooth ewes, 33s to 35s 6d ; mixed two-tooth ewes and wethers, 30s : fat wethers, light-weights, 345; fat and forward wethers, 335. Very little business has been done in oattle. A line of three-year-old store steers realised £li, and calves have been sold at £3.

SOUTHLAND STOCK MARKET. (From Ocb Own Correspondent.) INVEROARGILL, January 5

Owing to 4he holidays there has not been much business doing in the stock market, but prices have been well maintained, sellers hanging back to see what freezing buyers are going to do. There is every reason to believe that 'the prices for all classes of stock will continue to rule high. The demand for young store cattle continues very much better than what was expected, and feed is plentiful right 'throughout tho provinoo. Prices may be quoted: Fat Cattle.—Ox beef, 47s to 48s; heifer, 45s to 465; cow, 43s to 445. Pat Sheep.—All out of the wool, 35s to« 36a for extra good; prime, 34s 'to 355; medium, 32s to 32s 6d; prime ewes, 32s to 335; medium and lighter sorts, 28s to 29s 6d.

Store Sheep.—Two-tooth ewes, 30s to 325; two-tooth wethers, 29s to 30s; four and sixtcoth wethers, 31s 6d to 33s 6d; four and six-tooth owes, 32s to 33s 6a; six and eighttooth ewes, 28s to 29s cd. A number of lambs have been sold for forward delivery at from 21s to 22s 6d. Store •Cattle. —Three and 3i-year-old bullocks, £l2 10s to £l4 10s; 2|-year-old, £lO 10s to £l2 15e; two-year-old, £9 Xk to £lO 10s; 18 months, £8 to £8 ss; yearlings, £6 5s to £7 10s. ADDINGTON STOCK MARKET. OHRISTCHURCH, January 3. At the Addington market there was a small entry, the total yarding of stock entries in all sheep departments being very light, but there were good entries of fat and 'store cattle. Pat cattle were easier, and a number of pens were passed in. Freezing buyers were operating, but were unable to secure more than a few head. Fat lambs were easier by 2s to 3s per head, and a few pens were bought for export on a basis of 7£d per lb over all, butchers requiring almost all the email yarding. Store sheep, especially wethers, showed" practically no margin on the values of fats. Pat sheep were somewhat easier, but there was no business done for export. Well-grown store cattle sold well, and there was a keen demand for dairy cows and pigs of all classes. Store Sheep.—Two-tooth ewes. 28s to 31s; sound-mouth ewes and lambs, 20s 9d to 21s lid (all counted); two-tooth wethers, 22s to 25s 3d; four-tooth wethers, 27s Id to 30s 2d; four and six-tooth wethers, 30s 6d to 33s 9d; six-tooth wethers, 30s 6d to 33s 9d. Pat Lambs. —Extra prime lambs to 28s 7d; prime lambs, 24s 6d to 27s 6d; lighter, 21s to 245.

Fat Sheep.—Extra prime wethers to 38s id; prime wethers, 32s 6d to 36s 4d; lighter wethers, 26s 7d to 325; merino wethers, 29s 9d; extra prime ewes, 37s 4d; prime ewes, 32s to 34s lid } medium ewes, 29s to 31s 6d; lighter ewes, 22s lOd to 28s 6d.

Pat Cattle.—Prime steers, £l7 10s to £2l 2s 6/3; ordinary steers, £ls to £l7; prime heifers. £l2 to £l4 17s 6d; ordinary

heifers, £lO to £ll 15s; prime cows, £l3 to £l6 7s 6d; ordinary cows, £9 15s to £l2 103.

Store Cattle.—Mixed yearlings £5; yearling heifers, £6 8s to £6 12s; two-year steers, £9 10s to £lO 6s; two-year heifers, £8 14s; mixed two-year-olds, £10; threeyear steers, £l3 17s 6d; dry cows, £4 10s to £l2 14s 6d; dairy cows, £8 to £l9 ss. Pigs.—Choppers, £4 5s to £6; extra heavy baconers, £5 12s to £6; heavy baconers, £4 15s to £5 ss; lighter baconers, £4 to £4 10s—equal to 8d per lb; heavy porkers, £3 to £3 10s; lighter porkers, £2 10s to £2 17s—equal to Sid to lOd per lb; best stores, 65s to 60s; medium stores, 45s to 545; smaller, 32s to 40s; weaners, 18s 6d to 265. LTVE STOCK MARKET. Burnside, Fridpy, January 4. The Burnside market waß held to-day instead of last Wednesday, owing to the New Year holidays. As this was an off day the yardu'ngs of sheep and lambs were email, and the attendance of the public was also smaller than usual. Fat Cattle.—ls 9 head yarded; made up ?rmcipally of good quality steers and heifers, 'he, proportion of heavy bullocks was smaller than usual, but as the number was in exCess of the requirements of the trade, prices for prime bullocks dropped from 10s to 20s per head. Cows and heifers, however, sold well at prices very much on a par with last week's rates:—Prime bullocks, £l9 to £2l; medium, £l7 to £lB 10s; light, £ls to £l6 10s: prime ovms and heifers, £ls to £l7-; medium, £l3 to £l4 ss; old and inferior, £lO to £ll 15s Donald tteid and Co. sold: For the executors of the late Win. Kirk (Mosgiel), 2 heifers £l3 17s 6d; Thos. Ayson Styndham), 3 bullocks £lB 12s 6d,_3 £l6 7s ; Wm. Lindsay, sen. (Outram), 2 cows £l3 17s 6d; Wm. Lindsay, jun. (Allanton), 2 heifers £ll 10s. The New Zealand lioan and Mercantile Agency Company sold: For John Callander (Allanton), 1 bullock £l7 16s, 2 £l6 10s, 1 £l6; Mrs W. Kirk (Mayfield), 2 bullocks £l6 ss; a client, pen heifers £ls 2s 6d. The National Mortgage .and Agency Company sold: For Jas. Milne (Invercaxgill), 2 bullocks £l9 6s; Johnston Wylle (Menzies' Ferry), 2 bullocks £lB 10s. ——Dalgety and Co. sold: For John Callander (Allanton), 2 bullocks £l9 10s; B. Kirk (Mosgiel), 2 heifers £l2 10e; a client, 2 heifers at quotations. Stronach, Morris, and, Co. sold: For W. Lindsay (Momona), 2 bullocks £lB, 1 heifer £l3 17s 6d, 1 £l3, 1 £ll ss, 1 £lO 10s; North Bros. (Omimi), 1 heifer £l2 16s, 8 £lO i7s 6d, 2 £9 15s, 3 £8 6s. Wright, Stephenson, and Co. sold: For Thos. Ayson (Windham), 1 bullock £l9 15s, 2 £l9, 8 £lB, 2 £l7 17s 6d; John Callander [Allanton), 2 bullocks £l9 7s 6d, 2 £l4 17s 6dj Mrs W. Kirk (Mosgiel), 2 bullocks £lB 17s 6d; W. Lindsay, sen. (Allanton), 2 bullocks £lB 15s; D. Andrew (Mosgiel). 1 bullock £lB 10s; "W. Blaokie (Mosgiel), 2 bulloohs £lB 2s 6d; j. J. Smith (Fairfax), 1 cow £ls 2s 6d, 1 - £l3 7s 6d, i £l3, 1 £l2 10s, 2 £ll 6a, 1 £ll 7s 6d. 2 £ll, 1 £lO 17s 6d; Mrs John Kirk (Mosgiel), 2 bullocks £l4 15s; W. Wills (Mosgiel), 1 cow £l4 6s; W. Lindsay, jun. (Allanton), 1 cow £ll 17s 6d, 1 £lO 16s. The .Otago Farmers' Co-operative Association sold: For. Jno. M'Leod (Maungatua), 1 bullock £2O, 1 £l9 16s; T. Ayson (Wyndham), 2 bullocks £lB, 8 £l7 7a 6d, 2 £l6 17s 6d, 2 £l6 17s 6d; "W. J. J. Charters (Mosgiel), 1 bullock £lB, 2 £l7 10s, 2 £l6; W. B. Gawn (Taieri), 3 heifers £l6 7s 6d, 1 £l6; Mrs Jno. Kirk (Taieri), 2 heifers £l4 ss; T. G. Marwick (Taieri), 1 heifer £9; Jno.. M'Leod, 13 bullocks at quotations. Store Cattle. —Donald Beid and Co. sold: For Jas. Q-ow (Mosgiel), 2 cows £9 12s 6d; Wm. Lindsay, jun. (Allanton), 5 cows £lO 10s; a client, 8 cows £9; A. Scott (Burnside), 1 bull £7 6s.- Dalgety and Co. sold: For a client, pen bullocks at quotations, 2 cows h% 3 bulls to £ls 12s 6d. Wright, Stephenson, andl'iCo. sold: For B. Simpson (Forest Hill), 3 cows £lO ss, 1 bull £lO 7s 6d, 1 £9 10s, 2 £9 ss, 1 £9 2s 6d, 1 £9, 1 £8 2s 6d, 1- £B, 1 £5 2s 6d. Dairy Cows.—'Donald Reid and Co. sold: For Bobt. Markby (Halfway Bush), 1 £9 12s 6d. Dalgety and Co. sold: For Wmi Lindsay Stephenson, and Co. sold: For G. Fox (Pine Hill), 1 £l2, 1 £8 2s 6d; Jas. Glover (Mosgiel), 1 £9. Calves. —Donald. Beid and Co. sold: For C. Andrews (Abbotsfe-rd), 1 £1; T. M'Cutchen . (Taieri Mouth), 1 365. Dalgety and Co. sold: For Wm. Lindsay (Allanton), 1 £3 12s, 1 £3 JLOs. Wright, Stephenson, and Co. sold: For D. Harbour (Leith Valley), 1 595; Wm, Kerr (Abbotsford), 1, 495; Wm. Baughton (Halfway Bush), 1 355; S. Snell (Mbmona), 1 12s. The Otago Farmers' Cooperative Association sold calves to 50s. Sheep.—-Only 671 weno penned, practically all the yarding consisting of shorn sheep. The quality was very fair, the yarding beirg composed mostly of gofcd quality ewes and wethers. For all prime ewes and) wethers there was a keen demand, and prices advanced fully is per head, but medium-weight sheep ruled much the same as previously:— / Prime wethers, 89s to 43s 3d; medium, 35s to 88s 6d; others, to 84s 6d; prime ewes, 33s to 37s 6d; medium, 28s 6d to 32s 6d; others, to 27s 6d. Donald Beid and Co. sold: For Jas. Wilson (Bluedale), 15 wethers £2, 16 ewes £1 17s 6d.——The New Zealand Loan and Mercantile Agency Company sold: For W. Kain (Fairfax), pen wethers 41s 3d, pen 41s. Ibalgety and Co. sold: For a client, pen wethers 375. The National Mortgage and Agency Company sold; For G. H. Murdoch (Waitahunn), 25 woolly wethers 50s; a north client, 40 ewes to 375, 100 wethers 82s. -—Wright, Stephenson, and Co. sold: For Geo. Stuart (Brooksdale), 41 wethers 43s 3d, 19 4ls; Geo. Nichol and) Son (Allanton), 80 wethers 425, 80 to 41s: a southern client, $7 wethers 85s Bd, 41 32s 6d- J. A. Walker (Tapanui), 36 ewes 335, 82 80s. The Otago Farmers' Co-operative Association sold: For Thos. Henderson (Abbotsford), pen wethera AGs 9d, 16 88s 9d, 9 37s 6d, 8 woolly ewes s4s 9d, 1 ram 84s 9d; Geo. Murdoch (Waitahuna), 20 wethers 38s 6d; W. C. Bell (Puketi), pen woolly ewes 32s 6d. Lambs. —A particularly small yarding, only 25 coming forward. The quality, with the exception of one pen, was only fair. Competition was exceedingly keen, and extreme prices were paid. Extra prime lambs brought i/O 33s Bd, prime 28s to 30s, others 23s to 275.- The New Zealand Loan and Mercantile Agency Company sold: For J. Fogarty (Fairfield), 6 335, 5 295. 9d, 3 27s 6d, 2 265. Donald Beid and Co. said: For J. P. Gardiner (Burnside), 5 23s 6d, 5 24s 9d. Pigs,—A very small entry of both fats and stores came forward, and under very spirited competition all were sold at prices decidedly in favour of vendors. Donald Beid and Co. sold: For Geo. Wostwood (Brighton), 2 £4 13s, 1 £4 17s J J. Thomson (Green Island),'3 £3 Is; a client, 4 265, 9 255. Stronaoh, Morris, and Co. sold: For J. C. Patereon (Leith Valley), 1 £5, 1 £4 18s, 1 £3 ISs; W. Bennett (Middlemarch), 1 suckers 15s. Wright, Stephenson, and Co."^ sold: For B. George (Caversham), 1 £6 18a, 2 £4 18s. 2 £4 10s; Wm. Irvine (Green Island), 1 £5; M. Jackson (Kapuka), 6 £4. The Otago Farmers' Co-operative Association EoldT For a client, 1 £5 Is, 1 £4 19s; T BichaTds (Opoho), 2 £4 19s; J. CaJlagham (Brighton), 1 £1 9s; T. Driver (Mihiwaka), 1 £5 ss, 2 £3 12s 6d.

DUNEDIN WEEKLY MARKET REPORT. Messr, A. Moritzeon and Co., auctioneers, wool, stock, station, grain, produoe, a mission agents, Dunedin, report (wholesale) for the wLk as under. All quotation* are subject to market fluctuations. Farmers are asked, when sending samples, always to put a price on them, ae buyers do not inclined io make offers: — f pe d Barley.—Prime malting, 6e to 6a 6d; barley, 4s 9d to ss. Capo barley, 3s to 3s 6d on trucks. Wheat.—Prime milling, 5s lOd, f.0.1>. Oats.—Milling, 3s lOd; good feed, 3s 6d to 8s Bd. . a Chaff.—Good bright and heavy, £6 to ±e 10s; medium, £5 to £5 10e. Maize (sacks extra).—se 3d (old crop). Straw.—Wheatcn, £3; oaten, £3. Hay.—Clover and ryegrass, £6. Rvograss— Farmers' dressed, new crop. 6s to 5s 63; machine dressed, 6s 6d to 7s ecu, Italian, 5s 6d to 6s. j i. Cocksfoot.—lOd to lid; machined seed, is Mto la sd. . ■ ■ ' ~, . .Chewir.gs Fescue.—Farmers' dressed, 4jd to fid: machine dressed, 10d. Onions.—£ls. Potatoes.—lJd to 2d). Salt Butter.—ls to Is 2d; separator, is to. to Is 3d; storekeepers' pats, Is to Is -a. Cheese.—Factory, lOd to lid. ~ Honey.—Section, honey, 7s; bulk, 4d; Jlo pals, 3s 9d to 4a dozen; lib pats, 7s dozen; 101 b tins, 5a to 5a 6d. Walnuts.—lOd to Is lb. , Eggs.—Storekeepers', Is sd; stamped, is bd. Beeswax.—ls 9d to la 10d. , Pigs.—BJd for porkers; baconers, 8d to «ja. Hams.—ls 2d to la. 3d. Bacon.—Roll, Is 2d to Is 3d. Storing Grain.—We are prepared to store, receive, deliver, and insure for three raontns free storage at 3d per sack. . Farm- Produce and Fruit.—We receive all kinds of consignments, and render account ealea promptly. CO-OPERATIVE FRUITGROWERS OF OTAGO. The Co-operative Fruitgrowers of Otago (Ltd.) report:—Exceptionally heavy consignments of fruit have been coming forward. . Peaches, apricots, plums, and tomatoes of all descriptions, and- local fruits are in full supply. ' Apples are neglected. Bananas reached us in good condition. Poultry is short of requirements. We received and sold:—Apples: Market collapsed, selling from 9s to 13s; new season s, 24d to sd. Bananas, 22s 6d for choice Suvas. Lemons:, Wanted. Wanted. Peanuts, si<L Tomatoes: Christchurch, 6£d to Is: 'locals, Is to Is Ud. Apricots: Small, l£d to 2£d; dessert, 2£d to 4Ad. Peaches: Orates, 2£d to sd; casesjam, lfd to 2*d; dessert, 2d to 3d. Plums: Cherry, 2£d to 3d; cooking, lid Choice dessert, 2id to 4d. Strawberries: Scarce, Is Id to Is 9d. Cherries: Choice, 9£d to Is 3d. Loganberries, to Bd. Raspberries, 7 J 4 d to Bd. Black currants, 3id to Red currants, 3£d to 4|d. Grapes: Locals, 2s o£d. Ripe gooseberries, 3d to 5d for choice; others, lid to 2d. Rhubarb. 9s 9d per cwt. Butter beans 2d to 3d; French beans, 2£d to 4d. Cabbage, 2s 6d to 6s per sack. Caulifiowers, ss. Cucumbers, lis 6d per dozen. Green peas: Choice, 3d to 4d. Lettuoe, Is per case. Onions, 19s. per cwt for choice new season's. New potatoes, lid to lid. Bacon: Prime rolls, to Is 3d. Pigs: Bacon and porker, prime, Bid, B£d. Butter: Bulk, Is Id; separator pats, Is Id to Is 2d; extra prime separator, Is 4d; inferior butter, quite unsaleable. Eggs; Slower sale. We cleared our consignments, stamped and guaranteed, Is 6d;' case eggs. Is 3d. Honey: Market bare; bulk, to 6d; section, to 8s 6d per dozen; 101 b tins, 5s 6d. Tea: First tips, broken orange Pekoe, Is 6d. Bran, 5s "per 1001 b. Maize: Market bare. Lime .sulphur: "Giraffe" brands, 2s 2d per gallon in casks; 3s 6d in tins. Meat meal: Market bare. Molasses: In barrels, 6s 6d per cwt; tins,. 13s per cwt. Oaten pollard, 16s per bag. Oats: Best short oats, to 4s 3d. Oatsheaf chaff, £7 to £7 5s for choice. Oaten dust, 6s per sack. Wheat wanted; Government price, 6s 2d. Rice meal: Market bare. Wheat pollard, 12s 7d per bag. Beeswax, Is lOd. Horsehair, Is 3d, Is 3|d. Egg crates: "Economic," lis each. Tallow. 25s' 9d, 275, 28s 3d, 29s ■ 6d, 325. Rabbitskins realised 20|d to 35d. Poultry: Hens, Is 6d to 2s Id; cockerels, Is 4d to 2s lid; ducks, 2s 3d: chicks, 7d each. Dressed poultry: Fifty hens realised 2s 7d THE CO-OPERATIVE FRUITGROWERS OF OTAGO (LTD.), Moray place, Dunedin. NATIONAL MUTUAL LIFE ASSOCIATION. Mr F. W. Nicholson, manager in New Zealand for the National Mutual Life Association, has received the following cable from tho head office, Melbourne:— '"The forty-eighth annual meeting of the National Mutual Life Association was held at Melbourne to-day, when there was a good attendance of membersg The chairman, in proposing the adoption of the report and balance sheet, congratulated members on the continued prosperity of the association. The new business for the year exceeded £3,500,000, being £270,000 more than in any previous year. The total income shows an increase over last year of £109.000, and now stands at well over £1,750,000. Payments to members during tho year amounted to £846,000, an increase of £83,000 over las! year, due to the heavy war claims. But, notwithstanding this, £750,000 was added to the assurance fund, which is the largest addition ever made in one year. The total funds of the association are now close on £11,000,000, a record that tho members may well be proud of. CUSTOMS RETURNS. Tho net customs duty for December amounted to £33,708 5s 4d, and the beer duty to £BIB4 Us 6d. For December, 1916, tho net customs duty was £39,869 9s lOd, and the beer duty £5990 18s 7d. The net customs duty has consequently fallen by £6161, and the beer duty increased by £2194 during December, 1917. Takincr the whole year the net customs were £404,200*, 17s Bd, and the beer duty £76,180 8s 2d; while for 1916 the net customs reached the sum of £469.537 19s 4d, and tho beer duty was £63,378 10s 2d. A comparison shows that there has been a decrease of £65,337 in the net customs in 1917, and an increase of £12,802 in the beer duty. AUCKLAND, December 3. The Customs duties collected in Auckland for 1917. totalled £872.812, compared with £953 648 in 1916. The beer duty was £42,278, compared with £39.520. January 6. The Customs revenue collected in December, according to a statement made by the Hon. A. M. Myers, was £278,680, corn-

pared with £278,292 in December, 1916. The Beer duty was £23,094, compared with £16,747. Tho increase in the latter was due 'to increased duty. WELLINGTON, January 3. The gross Customs duties collected at tho port of Wellington during 1917 decreased by over £150,000 compared' with tho previous year. The figures are (shillings omitted) : . 1916. 1917. March quarter £266,637 £283,693 Juno quarter 281,869 228,215 September quarter ... 321,245 249,136 December quarter ... 303,545 276,537 £1,193,296- £1,037,581 Tho figures during December were £83,698, compared with £88,074 during the same month in 1916. PAPAROA COAL COMPANY. LIQUIDATOR'S REPORT. Mr W. S. Wheeler, liquidator for tho Paparoa Coal Mining Company, reported on the statement of receipts and payments in connection with the liquidation of the Paparoa Coal Company for the period covering September 17, 1915, to this date, says: "There is no possibility of any dividend being paid to either the preference or ordinary shareholders, as there were insufficient assets in hand at the date of liquidation to meet the demands of the debentureholders and the ordinary creditors of the company. The first debenture-holders, who held a first charge over the mining property of the company, exeroised the rights under their security, took possession, and have been working the mine for the past two years, but up to tho present have not been successful in disposing of it. The amount due to the first debenture-holders at the date of liquidation for both principal and interest was £94,490 13s lid, and the value placed on the security, taken over amounted to £65,435, leaving an unsecured balanco of £29,055 13» lid due to them. The second debenture-holders, whose only security was a second charge over the property, had no alternative but to claim upon the liquidator as ordinary unsecured creditors. The assets which came into my hands have all been realised, and only produced an amount sufficient to pay the creditors of the company 2s 7'd in the pound, and, unless the mine is eventually sold at a figure in excess of the value placed upon it by the first debenture-holders, there, will be no further funds other than the present cash balance out of which a dividend could be paidr** INVESTMENT STOCKS. January 7. National Bank (ex div.)— Buyers £5 2s 6d. Bank of N.Z. (£6 13s 4dl paid)—Sellers £l7 ss. National Insurance —Sellers £3. N.Z. Insurance —Buyers £7 18s 6d. Standard Insurance—Buyers £2. Huddart-Parker (ord.)— Buyers £1 12s 4d, sellers £1 13s. Westport Coal Co. —Buyers £1 9s. Westport-Stockton (ord.) —Buyers 9s, sellers 9s sd. Westport-Stockton (pref.)—Sellers 12s. Dalgety and Co.—Buyers £B. Milburn Lime and Cement—Sellers £1 lis 6d. N.Z. Drug Co. (£2 paid)—Buyers £2 10s. N.Z. Paper Mills—Buyers 18s. 6d. .Otago Daily Times—Buyers £2 12s, sellers £2 13s. Perpetual Trustees—Buyers £1 4s 6d. Wright, Stephenson, and Co. (ord.)— Buyers £7 10s. Bruce Woollen —Buyers £1 6s.