COMMERCIAL.

Otago Witness, Issue 3419, 26 September 1919, Page 29

COMMERCIAL.

A Press Association cable message from New York, elated September 22, states that prices -for petrol are unchanged. Our London correspondent states that the English Electrical Company, Limited, of which Mr Evan Parry, hydro-electric expert in New Zealand, is chief electrical engineer, is issuing £1,000,000 in 5£ per cent, debentures. The share capital of the company consists of £1,500,000. at 6 per .cent, cumulative preference shares (of which £419,131 has been issued!), and £3,500,000 in ordinary shares (of which £1,418,629 has been issued). The company controls the Coventry Ordnance Works, Dick, Kerr, arid Co., the Phoenix Dynamo Manufacturing Company, the United Electrical Car Company, and "Willans and Robinson.

AUSTRALIAN MARKETS. MELBOURNE, September 19. Barley: English malting, 5s 9d to 6s; Cape, 4s 8d to 4s lOd. Oats: Algerian milling, 5s 6d to 5s 7d; feed, 6s 3d to 5s 4d. Potatoes, £l4 10s to £ls. Onions, £l2 to £l2 10s. SYDNEY, September 18. Oats: Algerian, 6s ; Tasmaiiian, 6s to 6s 3d; New Zealand Cartons, 6s 6d. Barley: Cape, 5s 3d. Maize, 8s 3d to 8s 6d. Potatoes: 'Tasmanian, £l7 to £lB Onions, £ls to £l6. ADELAIDE, September 18. Oat'3, 5s 3d.

OAMARU MARKETS. (Fbom Oua Own Courespondent.) OAAMRU, September 20.

The stock market has not undergone any improvement so far as sheep generally are concerned. During the week northern buyers ■were entirely out of the market, and the sales were practically confined to local buyers, •who are not disposed to enter freely upon business in view of the backwardness of the si'.iso:.. and tho small growth of feed. At the ■weekly sale, though few sheep were offered, prices- showed a distinct drop, but this has not been reflected in sales by private treaty. Fat wethers are very scarce, and one line of 200 was sold at 435, while other business has been done at 45s and 47s 6d. A few sales of lambs for forward delivery have been made at 203, but the speculative spirit which has marked previous seasons at this time of the year is entirely absent, the reported cau3e of abstention being that last year's experience was distinctly unprofitable. A few lines of ewes and lambs have been sold for forward delivery at 20s 6d, all counted, and full-mouth ewes at 16s 6d. Other sales of sheep have been made at the following rates: —Store wethers, 355; good ewe hoggets, 28s and 295; mixed-sex hoggets. 23s and up to 27s 6d, according to quality; hill wether hoggets, 22s 6d.

There has been some movement in cattle. Most classes of fat cattle are exceptionally scarce, and sales of steers have been made up to £22, and of cows up to £l7. Sales_ of store cattle are reported at the following prices:—Fat and forward bullocks, £l6; four-year-old bullocks.. £l4; three-year-old' mixed sexes, £6 10s; mixed 18-months and two-year-old steers and heifers, £6 15s; yearlings, £2 10s- to £2 15s; calves, 30s.

SOUTHLAND MARKETS. (Fbom Our Own Correspondent ) INVERCARGTLL, September 20.

During the past week the stock market has remained) about on a par with the previous report, very little change having-taken place. The weather continues good, but the grass is very slow in making its appearance. At stock sales held during the week good yardings of sheep—both stores and fats—have been coming forward, and in most cases have met with a ready sale, the only lines that have eased up in value being inferior hoggets and small ewes. There is a really good demand for good hoggets and good store wethers. The cattle market remains about the same, with very little inquiry except for good four-year-old bullocks in forward condition. The demand for dairy cows has eased off slightly, as most dairymen have completed their herds. -Prices may be quoted: Fat Cattle.—Ox beef, £3 ss; heifer, 555; cow, 50s; extra prime bullocks, £2B to £3O; medium, £22 to . £25; unfinished, down to £l7; extra prime cows, £lB to £2O; prime, £l4 to £l6; unfinished, down to £l2; prime heifers, £2O to £22; prime, £l6 10s to £l7 10s; unifinished, down to £ll 10s. Store Cattle.—Yearlings, £3 to £4 10s; 18 months to two years, £C 10s to £7 15s; three-year-old bullocks, £lO 10s to £l2 10s; extra good) forward four-year-old bullocks, £l4 10s; springing heifers with the appearance of making good milkers, £lO 10s to £l2 10s; dairy cows, £2O to £22 for extra good; average, £l6 to £lB, and down to £lO for poor. Fat Sheep.—Extra prime wethers, 42s to 455; prime, 38s to 40s; unfinished,.36s. Store sheep.—Extra, good mixed-sex koggels, 30s to 32s 6d; medium, 26s to 2Ss; weedy, down to 16s; four and six-tooth wethers, extra good, 383 to 39s 6d; medium, 34s to 86s; inferior, down to 30s; two-tooth wethers, 33s to 355; two-tooth ewes in lamb, extra good, 37s to 38s 6dl; four and six-tooth ewes, 36s to 375; full and failing-mouth ewes, 20s to 255.

ADDINGTON STOCK MARKET. CHRISTCHURCH, September 24

Store Sheep.—There 'was a smaller yarding and a good demand. The tone was very firm. Two-tooth ewes, 28s; two and four-tooth, 38a; two, four, six, and eight-tooth, 31s 9d to 375; four, sut, and eight-tooth, 33s to 35s 6d; four and six-tooth wethers, 35s 4d; ewe hoggets, 27s 7d; mixed-sex hoggets, 23s 9d to 29s Bdwether hoggets, 16s 8d to 20s Id.

Fat Cattle.—There were 258 yarded. The quality was mixed. The market opened at last week's rates and hardened towards the finish. Extra prime steers, to £33 153 8d; prime, £l9 to £26 10s; ordinary, £l2 10s to £18; extra prime heifers, to £22 15s; prime, £l6 to £l9 10s; ordinary, £lO 5s to £ls 10s; extra prime cows, £24 15s; prime, £18; ordinary, £8 17s Gel to £l2. Fat Sheep.—There was a very small yarding, barely four races being filled. The general quality was rather below last week's, and only a few extra heavy sorts were in demand The bidding was exceptionally keen and r.rices soared up until they reached from 6s to 8s above last week's hitrh Mites. The result of these high prices will be a demand for meat ex freezing store. A range of prime and extra prime wethers, to 85 s; prime, 45s 6d to 765; medium. 42s 6d to 455; lighter, 33s to 40s; extra prime ewe-3, to 60=; prime, 45s to 54s 9d; medium, 40s to 42« fid; lighter, 33s to 85s 6-1; hocrjreis. 26= < to 42s 6d. . Store CatHe.—An improved lot were offered and there wis an averace demand. Two-year-old steers, £5 12s 6d ; two-year-old heifers, £6 6s; yearlinsrs, £4 10s; calves, £1 2s to £3 13s 6d: rows, £5 12s 6cl to £8 13*.

Dairy Cows.—The yarding was about on a, par with last week, with a better demand. Sooond and thiid culvers, £lO to £l7; others, £6 to £10; springing heifers, £7 to £l2 10s. Vealers.—There was a. poor entry offering, consisting mainly of newly-dropped calves.

Good calves, 70s to 995; fair, 41s to 60s; small and inferior, 4s to 38s. Pigs.—TheTO was a medium entry of store pigs and a better demand. Best stores, 60s to 68s; medium, 62s to 58s; small, 35s to 455; weaners, 25s to 85s. There was an average entry of fat pigs, but the demand was not so keen. Extra heavy baconers, to £8 10s; heavy, £6 10s to £7 15s; medium, £o to £6—equal to lOd per lb; heavy porkers, 85s to 90s; medium, 65s to 75s—equal to lid per lb; choppers, £6 to £9.

LIVE STOCK MARKET. Burnside, Wednesday, September 24. Fat Cattle.—A medium yarding of 127 head. Except for a few pens the quality was not equal to last week's standard. Owing to the short yarding prices advanced about £1 per head. Prime heavy bullocks, £3O to £33 10s; prims, £2l to £2B; extra prime heifers, to £25; prime, £lB to £2O; medium, £ls to £l7 10s; light and unfinished, from £lO. lhe Otago Farmers' Co-operative Association sold: For Mrs Wm. Kirk (Mosgiel), 1 bullock £3O ss, 1 £29 17s 6d; A. Souness (Maheno), 5 bullocks to £25 ss, 1 heifer £lB 12s Cd, 1 £l4 2'3 6d,. 2 £l4; George Ford (Momona) 2 bullocks £26 17s 6d; J. -and! C. Campbell (Allanton), 1 bullock £2l 2s Gd; Waller Blackie (Mosgiel), 2 bullocks £2l 2s 6d; Wm. Lindsay, sen. (Allanton), 2 bullocks £lB 2s fid; JBayne (Wakari), 1 cow £l7 7s 6d, 1 £ls 15s, 1 £lO ss; George M'Leod (Mc.iona), 1 heifer £l3 15s. Stronach, Morris, and Co. .sold: For W Lindsay, sen. (Allanton), 1 bullock £3O 73 6d, 1 £25 ss, 2 £24 12s 6d, 1 £l7 15s, 1 heifer £l4, 1 £l2 2s 6d; J. Campbell (Momona), 1 bullock £2O 17s 6d, 1 cow £2O 12s 6d; W. Lindsay, jun. (Allanton), 1 bullock £2O ss, 1 cow £l4; R. Kirk (Mosgiel), 2 bullocks £l9 17s 6d; Walter Blackie (Mosgiel), 2 bullocks £l6 ss. The National Mortgage and! agency Company sold: For John Grant (Incnolme), 1 bullock £3O 15s, 1 £26 12s 6d, 1 heifer £2O ss. 1 £lB 73 6d, 1 cow £ls; J. and C. Campbell (Momona), 2 bullocks-£2O; Walter Blackie (Moss-iel), 2 bullocks £l9 2s 6d; Wm. M'Kenzie (Dunrobin), 1 cow £lB. 1 £l6 10s, 1 £lO 17s 6d, 1 bullock £l4 2s fid. Dalgety and Co. sold: For W. Blackie (Mosgiel), 2 bullocks £2O 15s, 4 £lB 2s 6d, 2 £l6 15s; R. Kirk (Mosgiel), 1 bullock £l7 12s 6d. The New Zealand Loan and Mercantile Agency Company sold: For Wm. Kirk (Mayfield), 2 bullocks £22 15s; Walter Blackie (Mosgiel), 2 bullocks £l7 2s 6d; Mrs F. M. Dow (Outram), 1 bullock £l7 ss, 1 heifer £ls 17s 6d, 2 £ls sa, 2 £l4 15s, 2 £l4 ss; M.rs A. M'Donald (Mosgiel), 1 steer £l3. Donald Reid and Co sold: For George Ford (Allanton), 1 bullock £33 15s, 2 £3O, 2 £29 10s; J. and C. Campbell (Allanton), 2 £25 15s, 3 £24 2s 6d, 1 £26, 1 heifer £lO 15s; Walter Blackie, sen. (Mosgiel), 1 £2l 12s 6d. 1 £l7 10s, 2 £l7 7s 6d; Wm. Lindsay, juin. (Allanton). 1 heifer £l7 15s, 1 £l4; Wm. Forrester (North-East Valley), 1 cow £l3 2s 6d; R. B. Matheson (Tomahawk), 1 heifer £lO 15'3; H. Warren (Dunedin), 1 heifer £7 ss. Wridit, Stephenson, and Co. sold: For P. R, Lochhend (Balclutba), 1 bullock £3B 10s, 1 £35 2s 6d, 2 £33-15s 1 £27 2s 6d, 2 £25 2s 6d; J. Reid (Outram), 1 £36, 1 £34, 3 £29 17s 6d. 1 heifer £25 7s 6d, I £l9 ss; H. Wilson (Fairfax), 3 bullocks £29 17s 6d, 3 £27, 3 £22 12s fid; J. and C. Campbell (Momona), 2 bullocks £24 17s 6d; Mrs E. Woods (Beaumont), 1 bullock £24 7s fid, 1 £l9 15s. 1 heifer £2O 2b 6d, 1 £2O; Mrs W Kirk (Mosgiel), 2 bullocks £2O 17s fid; Bathsate Bros. (Outram), 1 bullock -£l9 12s 6d; W. Bla.ckio (Mosgiel), 2 bullocks £l9 10s; G. Bruce (Deborah), 3 bullocks £l7: W. Lindsay, jun. (Allanton), 1 heifer £l2, 1 £9 17s fid. Store Cattle.—There was a large yarding, including several pens of well-bred steers and heifers. Tho demand was good, and prices were in advance of late rates. Forward bullocks, to £l4 12s fid; two-year-olds, to £9 10s;. yearlings, to £6 2s 6d; cows and heifers, £5 to £lO. The Otago Farmers' Co-opera-tive Association sold: For M. Robertson (Pukehiki). 1 cow £l2 10s. 4 calves £2; George M'Leod (Momona), 1 heifer £7 9s; a client, 5 steers £6 2s 6d, 2 cows £5 103, 1 heifer £4 12s 6d, 3 calves £2 10s; H. Warren, pen steers £6 2s 6d, 3 £5, 1 £3 10s, 2 heifers £5 16s, 5£3 12s, 6£5 lis. -Stronach, Morris, and Co. sold: For a southern client, 11 steers £l3 123 6d, 10 £l3 ss. 10 £ll 12s fid; executors of late T. Jopp (Hindon), 9 steers £9 17s fid, II £8 15s, 12 £7 17s. fid, 8 £7, 14 £6 2s fid, 1 £8 7s 6d. 9 heifers £6 7s 6d. 1 bull £<t 15s, ] £4 10s; P. Collins (North-East Valley), 1 bull £7 2s; a client, 1 dow £6 10s. Dalgety nncl Co. sold: For a client, 2 cows £9 10s The Ne-.v Zealand Loan and Mercantile Agency Company sold: For a client, heifers £6 ss. The National Mortgage and Agency Company sold: For Georsre Webb (Taioma), 1 steer £9 17s fid, 1 bull £8 lis ; Wm. M'Kenzie {Dunrnbm), 4 steer* £7 15s. Donald Reid <Uid Co. sold: For H. Warren,. 2 yearlings £3 10s: S. Tweedie (Halfway Bush), 1 cow £5; T. Walker (Sawyers' Bay), 1 cow £5 ss; W. Robertson (Norih-Bast Valley), 1 cow £5 ss; Robert, Stevenson (Wylie's Crossing), 2 yearlings £1 13s 6d. Wright, Stephenson, and Co. sold: For G. Bruce (Deborah), 5 steers £l4 12s fid, 1 heifer £11; Mrs E. Woods (Beaumont), 1 bull £lO 10s, 1 £9, 1 cow £8 15s, 1 £4 12s fid; A. Goldsberry (Highcliff, 2 cows £S 10s; J. Aitken (Pukehiki), 2 cows £5; P. Luke (Highcliff), 1 heifer £4 ss; W. Dick and Son (Pukehiki), 1 cow £3. Dairy Cows—The Otago Farmers' Co-opera-tive Association sold: For H. Warren, 1 cow £ll, 1 £9 10s. Stronach. Morris, and Co. sold: For J. Rutherford (Outram), 1 cow £lO ss. 1 £7 15s, 1 £6 2s fid, 1 heifer £6 10s; a client, 1 cow £8 12s fid, I£6 15s. Donald Reid and Co. sold: For H. Warren, 1 heifer £7 ss; J. Gardiner (Green Island), 1 cow £6. Wright. Stephenson, and Co. sold: For Hamilton Bros. (Caversham), 1 cow £ls- P Lake (Highcliff), 1 heifer £lO 15s; F. Fegans (Brighton). 1 cow £lO 15s, 1 £7 lOs • A Goldsberry (Highcliff), 1 cow £9; W. Connor Brighton), 1 cow £7 12s 6d; W. Dick and Son (Pukehiki), 1 cow £6.

Calves.—The Otago Farmers' Co-operative Association sold: For T Perry (Sawyers' Bay) 1 31s, 1 6s, 1 4s; J. and P. Dow (Allantoh)' 1 295; T. Flannery fWylie's Crossing), 4 to 31s;' D. A. Smith (Henley), 6 to 17s; T. Sproule (Wingatui), 1 20s; M. Graham (Mihil waka), 1 14s; G-. Gamble (East Taieri), 1 13s 1 12s; R. Benson (Mosgiel Junction). 1 6s-' H. Gamble (Mosgiel), 1 16s, 1 7s; S. Gear (Abbot3ford), 1 16s; M. Moynihan (Arjderpon'a Bay), 1 235; W. Ayres (Nor'h-East Valley), 1 8s; J. A. Johnston (Anderson's Bay) 1 4s. Stronach, Morris, and Co sold: For Mrs Kidd (Mosgiel), 1 £2 ss; a client, 1 £1 lOs; J. Mitchell (Wylie's Crossing), 1 265; Miss V. Stevenson, 1 15s; Mis Wenkoldin (Mosgiel), 1 19s The New Zealand Lean and Mercantile Agency Company sold: For S. Hill (Bon Accord), calves 15s. Donald Reid and Co. sold: For George Wostwood (Brighton), 2 235; Gibson Bros. (jSTcrth Taieri). 1 14s; A. Bell (Wylie's Grossing), 3 3s to lis: P., Cunningham (Wylie's Crossing), 1 13s; M. Hackott (Momma), 1 15s; A. Stewart, jun. (Mosgiel), 1 17s; Gcorgo Dawson (Momona), 2 lis; A. Bissett (Momona). 1 2!s; H. G.-vmblo (Mosgiel), 2 to lis 6d; A. M'Millan (Momona), 3 to 19s; H. Ashby (Wylie's Crossing), 3 IPs to 30s; C. Bren&&e!l (Outram), 5 6s 6d to 12s; J. H. Harris (North-East Harbour). 1 9s; J. Pryde (Momington), 2 6s; Mrs W. Mormon (Henley), 8 6s to lis 6di; Jos M'Neill (Momona), 7 6s to 16s 6d; J. Kiitherford (Outram), 6 6s 6d to Sis; Win. Harvey (Momona), 7 6s 6d to 15s; J. Fallowfield!

(Henley), 1 13s. "Wright, Stephenson, and Co. sold: for W. G. Re id (Momona), 1 80s, 1 245; Mrs M. Bruce (Momona), 1 255, 1 235, 1 193, 1 lis, 1 Bs, 1 7e; A. Gillespie. (Momona), 1 20s, 1 83, 2 7s; R. S'prott Momona), 1 13s, 1 7s; G Brinsden (Brockville), 1 10s; A. Ellis- (Kaikorai), 1 Bs. Fat Sheep.—A email yarding, only 1019 being penned, principally wethers of good quality. The market opened at a slight advance on last sale rates, and quickly improved, but eased again towards the endi of th© Bale. Extra prime heavy wethers, to 68s 3d; prime heavy wethers, 55a to 635; medium, 46s to 50s; lighter, 38s to 435; extra prime heavy owes, to 55s 6d; good, 88s to 425; older ewee, from 30s; extra prime hoggets, 34s 6d to 475. The Otago Farmers-' Cooperative Association of New Zealand sold: For Southland Farmers' Co-operative Association (Gore), 13 wethers 635, 27 55s 6d, 10 54s 3d, 6 525; D Thomson (Milton), pen wethers 62s 3d, do 59s 3d, 9 58s 9d, 9 55s 6d!, 9 535, pen 50s 9d, do 50s. do 495, pen ewce 555; W. Sutherland (Waiwera Soulh), 54 wethers 54a. Stronaeh, Morris, and Co. pold: For a client, 2 pens ewes at quotations.——The National Mortgage and Agency Ccmpany sold: For Alex. Black (Horiot), 4 wethers 61s, 20 49s 6d, 33 44s 6d; a client, 26 ewes 323 3d, 12 30s, 13 28s Dalgety and Co. sold: Fox a client, 18 wethers 50s, 23 455, 48 31s 3d, IS 34s 9d, 16 34a Todd Bros. sol"':: For E. Ottrey (Heriot). 11 wethers 47s Od. 3 34s 6d, 25 ewes 47a 3d, 11 29s 3d, 8 2Cs, 2 hogsrets 20s 6d.—-The New Zealand Loan and Mercantile Agency Company sold: For a client, pen wethors 50s. Donald Eeid and Co. sold: For France Bros. (Pukerau), 23 wethers 535, 19 525, pen ewas 47s 9d, pen hosrgets 475: J. E. Wataon and Co. (Tnvercarsrill), 22 wethers 62s 6d. 20 61s 3d, 28 55s 3d, 31 51s 3d; ■Southland Farmers' Co-operative Association (Gore), 23 61s 3d, 14 52s 6d, 15 ewes 53s 9d: A. J. Glen (Pukepitoh 28 wethers 56s 9d, 21 62s 3d, 11 56s 6d; R. Baird (Clarksville), 31 hogfrets 35s 9d, 17 34s 6d, pen wethers 68? 3d, do 57s 3d, pen ewes 55s 3d; Mills and! Son (Inveroargilß, 10 wethers 50s 9d. 23 52s 6d, 22 49s 9d; Mrs J. Rutherford (Outram), pen ewes 555. "Wright, Stephenson, and Co. sold: For R. (Glencoe), 25 wethers 54s 9d, 36 47'3 9d, 12 46s 9d, 22 46s 6d.' 19 40s 6d; James Brown (Pine Bush), 33 51s 9d, 20 50s, 17 48s 9d, 18 48s 63, 22 44s 6d.

Pigs.—There was a medium yarding, and 1 prices were slishtly a,bove last ■week's rates. Baconers, to £7 Is; Blips, to 40s; weaners, 20s to 30s. The Otago Farmers' Co-opera-tive Association soldi: For J. A. Johnstone (Shiel Hill), 1 £8 lis; J. E. Llovd (NorthEast Valley), 2 £5 14s; J. and P. Dow (Allenton), 10 235. Stronach, Morris, and Co. sold : For J. -MaloTiiey (Burkes). 3 £7 7s; Seacliff Men+al Hospital. 2 £6 17s, 5 £6 Bs, 7 £6 6s. 3 £5 12s 6d, 4 £5, 2 £4 13s; A. Ralston (Allauton), 3 £3 Is, 1 £1 16s, 3 £1 12s The National Mortgage and Aeency Cornpany sold: For M. Frater (Woodside), 3 baconers £5 Is. Donald E«id and Co. sold: For L. (Sawyers' Bay) 1 £ 6 2s; A. M'Millan (Mamiona), 1 £6 3s; H. Fisher (Sawyers' Bay), 1 £5 2s; Wilson (Sawyers' Bay), 1 £4 2s; W. Grieve (North To,ieri), 8 16s to 39s • M. Hackett (Momona), 9 25s to 2.65; Gibson Bros. (North Taieri), 9 33s to 375; Tames Thomson (MaxmsraHia),. 8 27s to ass; Mrs Morrison (Henley). 12 255: W. Harvey (Momoma.). 3 955. Wriedit, S + and Co. pold: For P. A. Bruce (Highcliff). 2 £6 9®; P WflV*mn (Mornin«rfon), B £6 ss; D. M'Laren fWyliVa Crowriner). 2 £6 2s; TVn Lewis (TJnr>er Junction), 3 £6. 4 £5: D. Mill-on- (Mnmona), 1 £5 17s: J. E 'Llovd (North-East Valley), 5 fsf«; 71. Mitchell" (Ou'ram). 1 £5 ss; A. Ellis (Kaikonai), 1 £5 4s; F. Peterson (Waverley), 1 £6. THE FRTJIT WORLD. Reilly's Central Produce Mart, Ltd., reports:—A busy week. Consignments of pigs realised lOd; prime baconers lldl per lb. Good yarding of poultry. Increased supplies of vegetables. Ebccep.ionally heavy consignments of flowers. Our bananas reached us in. perfect condition, the oranges in first-class order, and the lemons all that could bo desired. Five hundred cases of Nelson apples found a ready sale. The following prices were secured for our consignors:—Flowers: Market over-supplied; locals, trumpets, 2s to 6s; anemones andl Freesia, 3s; violets, 2s 6d to 4s 6d per dozen. Apples: Hoovers, 14s; Sturmei-s, 15s 6d, 173 3d; Etawahs. 14s; Rome Beauties, 10s; Jonathans, 14s 6d; Munroas, lis 6d; cookers, 2id to 3d Lemons: ■Mission" brand, 665. Oranges: American r 'Sunkist," 455, 47s 6d. Bananas: Suva, 22s 6d. Rhubarb, 4s 6d, 6s 9d per dozen bunches. Potatoes: Prime locals, lis; northern, 10s per cwt; Southland! seed (choice), 12s 6d; new potatoes, Is 6d per lb. Cauliflower, Choice, 12s to 14s 6d; small, 2s 6i to 7s 6d. Cucumbers, 21s. Cabbage, to 6s per dozen. Onions: Prime, 18s, 20s per cwt. Lettuce, 2s 3d per dozen. Swede turnips, 4s per cwt. Carrots: Choice tables, 8s 6d per cwt. Parsnips, 14s per cwt. Bacon: Rolls, la 4d; hams-, Is 4£d. Pigs: Baconers, prime, lid; porkers, lOd; heavyweights, B£d; choppers, 6d per lb. Eggs: Stamped and guaranteed, Is Gcll and Is 7d per dczen. Honey: Bulk, 8d; 101 b tins, 7s 6d. Tea: Special quality, 2s per lb, in slb and 101 b boxes Linseed calf meal, 15s. Barley meal, 9s 6d per lOOlb. Fa o food, 19s per 2001 b. Cere-milk calf food, 30s per 1001 b. Meat meal, 20s. Oatsheaf chaff: Prime, £7. Oaten dust, 6s per sack. Wheaten straw chaff, £3 10s. Wheat: Choice fowl wheat, 6s 9d. Oats: Algerians, 4s per bushel. Bran, 7s per 1001 b. Wheaten pollard, 143 per 1501 b. Lime sulphur: " Giraffe" brand, 2s 3d per gallon in barrels; four-gallon tins, 3s per gallon. Blues tone, 79s per cwt. Beeswax, 2s per lb; inferior, Is 6d. Case nails: Flat heads, 44s per cwt. Egg crates, 12s 6d. Rabbit-skins realised»from 18d to 142 d. Tallow, 42s to 55s 6d Horsehair, Is 4d to Is 9d per lb. Poultry: Hens, 5s 8d to 9s 6d per pair; pullets, 5s 6d to 115.6 d per pair; cockerels, 7s 6d to 12s per pair; ducks, lis, 13s, 15s per pair. E. OSWALD REILLY, Managing Director, Mo-ray place, Dunedin. ® MESSRS BROWN, EWING, AND CO. The annual general meeting of shaveholders in Messrs Brown, Ewing, and Co. was held on the 19th. Mr James Brown (chairman of directors) preside di. The directors reported that the net profits for the year ended August 15 amounted to £5006 13s Id. which, with the balance brought forward at August 15, WIS (£l9ll 8s 9d), made a total c-f £6913 Is 10a. An interim dividend for ihe half-year ended February 15 on preference shares at 3 per cent., and on ordinary shaves at 3J per cent., absorbed £1625, leaving to be dealt with the sum of £5203 Is lOd. The directors proposed to apply this as follows:—Dividend of 3 per cent for half-year ended August 15. on preference shares (making 6 per cent, for the year), £750; dividend of 4J per cent, for half-year ended August 15 on ordinary shares (making 8 per cent, for the year), £1125; reserve account, £1500; and to oa-ny forward to next year, £l9lß Is lOd. The death of Mr Thomas Brown was deepay felt not only by his own relatives and friends but by tie whole community. The following resolution was passed by the board:—"The directors desire to place on record their

heartfelt sorrow and regret at the death of their chairman, Mr Thomas Brown. They realise that the company has sustained) a heavy loss. Tho late Mr Brown's intimiato knowledge of the business, his ripe experience, combined with his rare tact and judgment, 25roved invaluable at all times. Apart from their recognition of his high business qualities, his sterling as a man and as a citizen had entirely won their respect and esteem. His place on tho board will not be easily filled." The directors appointed Mr W. Jeffery to fill the vacant position. This was felt to be all the more desirable because of some important financial matters which required attention at the time. The directors reported having purchased the freehold of the Princes street site at a reasonable price. This landl was held under a lease expiring in 1956, with no valuation for improvement's; thus had the company not purchased the property, buildings costing over £15,000 would at the end of the lease pass into the possession of the landlord without compensation. Tho purchase money includes not only 'the land but the owners' reversionary interest in the buildings.

The balance &heet was adopted. Mr W. Jeffrey was re-elected a director, and Mr D. Crawford auditor.

INVESTMENT STOCKS. September 24. Bank of Vustralasia—Buyers £±3o. National Bank—Sell ei-s £6 10s. Bank of N.Z. (£3 6s 8d paid)—Buyers £l4 15s, sellers £ls. Union Bank—Sellers £6O 10s. . National Insurance —Buyers £4 3s, sellers £4 ss. •

N.Z. Insurance —Buyers £1 14s 3d, sel lers £1 14s 9d.

South British Insurance—Sellers £9 12s 6d.

Standard Insurance —Buyers £2 18s 6d, sellers £3. Union Steam (ord.) —Buyers £4 ss. Union Steam (pref.)—Buyers £1 Is, sellers £1 Is 4d.

P. and 0. (deferred)—Buyers £591, sellers £605.

Hudclart-Parker (ord.) —Buyers £2 6s 6d, sellers £2 7s 3d.

Westport Coal Co. —Buyers £1 10s 3d, sel lers £1 lis.

Westport-Stockton (ord.) —Buyers 7s, sellers 7s 6d. N. Z. Coal and Oil —Buyers 5s 6d, sellers 6s. D. 1.0. (ord.) —Buyers 2s 3d (prem.) D.I.C. (pref)—Buyers £1 Is. Dominion Rubber Co. —Buyers £2 0s 3d, sellers £2 Is 6d.

Dunedin Stock Ex. Propy.—Buyers £2 7s 6d, sellers £2 lis. N.Z. Refrigerating Co.—-Buyers £4- 15s, sellers £4- 16s.

N.Z. Refrigerating Co. (new issue)—Buyers £1 6s 3d, sellers £1 6s 6d. Kaiapoi Woollen (ord.)—Sellers £8 10s. Milburn Lime and Cement—Buyers £1 14s 6d. Mosgiel Woollen Factory—Sellers £6 ss. National Mortgage—Buyers £5 13s. N.Z. Drug Co* (ex div., £2 paid)—Sellers £2 16s. Canterbury Frozen Meat Co.—Sellers £l3 15s. South Otago Freezing Co.—Buyers £5 lis. Southland Frozen Meat Co. (C issue)— Buyers £1 Is. N.Z. Portland Cement —Sellers 16s 3d. N.Z. Paper Mills—Buyers £1 9s, sellers £1 10s. Oamaru Woollen (ord.)—Sellers £2 14s. Otago Daily Times—Buyers £2 Bs. Perpetual Trustees —Buyers £1 10s. Slharland and Co. (ord.)—Buyers £1 lis. Whitcomb© and Tombs—Buyer3 £6 12s, sellers £6 15s. M 'Gavin and Co.—Buyers £1 ss. N.Z. Loai and Mercantile (ord.)—Buyers £ll3. N.Z. Loan and Mercantile (pref.)—Buyers £65 Bruce Woollen—Buyers £2 4s 6d. Goldsbrough, Mort—Sellers £2 Bs. Papuan Products—Buyers 2s sd, sellers 2s 9d. . «. « Sugar of Milk—Sellers £1 15s. Brown Ewing (ex div.)— Buyers £1 33. Debentubes. N.Z. Gov. War Loan —Sellers £95 15s.