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Otago Witness, Issue 3442, 2 March 1920, Page 29

OAMAEU MARKET 3. (FEDS! OIJE OV?N COREESFONDENT.) OAMARU, February 23. In the stock mfl,rkit the week was a quiet one. There wew practically no salea of fat Bheep-. Sales of sWes consisted chiefly of rape lambs', for which a slightly increased demand was noti;e-'\bt'>, prices ranging from 18s to 233, including a nice line of 1000 at 22a 6d. A forward liaw of big full and failing-month ewes fit for r«vpe changed hands at 255, and a line of 250 acund-rnouth ewe 3, not quite so forward, were bought at 235, •while full-month ewes, not so good, sold at 16s 6d. Four and six-tooth breeding ewes were sold at from • 30s to 325, and a line of four-tooth breeding ewes at 83s. There were few sales of fat cattle. Bullocks in prime condition were sold ai £lB, and cows brought from £l2 to £l3. Fo<r siore cattle prices were obtained as follow:- -Two-year-old bullocks, £10; 15 to 18-nionths-old steers, £5 to £6; yearlings, £3 to £4; calves, 25s to 30s. There is a good demand for dairy cattls, prices liaving been obtained from £ls to £l6 for nice animals, to £l3 for extra quality. Two-year-old heifers, spring calvers, sold at from £5 to £6. SOUTHLAND -MARKETS.. GTaoM Oust Own Cop-ei'-spondemt.J IKTiraOAEGILL, February 23. The stock market remains practically unchanged. The weather keeps dry, and very ■little is doing in a-U classes of stoi-e stock, and until the raia comes we cannot look for any improvement. Even when the rain does com 3 it cannot do much good, as the season is far too advanced. In the lat stock " sections also the market is fairly quiet owing to freezing buyers haviog difficulty in getting space, and this also affects the store market. It is, however, hoped that more Bpace will be available shortly. The stock sales held in.the different centres during the past week have attracted only small yardings, otherwise the market might have weakened further. Prices may be quoted: Fat Cattle: Prime ox beef, 50s; heifer, 48a; cow, 435; extra prime bullocks, £lB 10s to £2O 10s;-prime, £ls 10s to £l6 10s; light and unfinished, down to £l3; extra prime heifers, £l7 to £18; prime, £l4 to £ls 10a; unfinished, down to £11? extra prime cows, £l4 10s to £ls 10s; prime, £l2 10s to £l3; unfinished, down to £B. Fat Sheep: Extra prime wethers, 40s to ills 6d; prime, 37s 6d to 395; unfinished down to 355; extra prime ew«, 36s to 38s; prime, 32s to 335; unfinished down to 275; extra prime lambs, 28s to 30s; prime, 25s 6d to 26s 6d; unfinished down to 225. • Store Cattle: Good forward throe and four-year-old bullocks, £ll 10s to £l2 10s; two-year-old steers, £6 15s to £7 ss; yearlings, £3 10s to £4 10s; calves, 15s to 355, according to condition and breeding; empty cows, - -with condition, £7 to £9 10s; dairy cows, for ■which the demand has slackened, good sorts, £l6 10s to £l7 10s; average, £l4; poor and inferior, £7 10s to £B. Store Sheep: Good forward-conditioned lambs, 18s to 20s; extra good, up to 235; average, 16s to 17s 6d; poor and inferior, - down to 10s; two-tooth wethers, extra good, 28s to 30s; average, 25s to 265; inferior, down to 21s; four and six-tooth wethers, with plenty condition,. 32s 6d to 355; average, 31s; inferior, down to 28s; good two-tooth ewes, 2Ss to. 29s 6d; average, 24s to 25a 6d; inferior, down to 225; four and six-tooth ewes, extra, good, 82s 6d to 33a 6d; average, 30s; inferior, down, to 265. THE FBUIT AND PRODUCE WORLD. Reilly's Central ' Produce Mart, Ltd., reports:—Prime vegetables' in full supply, experiencing a keen demand. Choice dessert and cooking fruits have been realising good Values." Pears have been short of requirements. Canterbury onions are slow of sals> Steady consignments of potatoes continue to arrive. A large yarding of poultry cam© forward for our sale on "Wednesday, and all birds met a keen demand".. Bacon pigs command a ready sale at Is 2d. We are urgently in need of 1000 bags of fowl wheat for our customers. Eggs are realising 2s 3d to 2s 4d. Apples: Choice desserts, from 3d to 4Jd; choice cooking, l|d, 2£d; inferior and second grade apples, 7s to 10s cwt. Pears: Prime desserts, to 4Jd. Plums: Choice desserts, to 6Jd; cooking, to.2Jd; gages, to sd. Apricots: Choice desserts, to 9d; cooking, to 4d. Peaches: Choice desserts, to 8d; cooking, to 4d. Nectarines: Choice desserts, to 9d; cooking, to sd. Raspberries, lid. Rhubarb, to 3d. Tomatoes: Christchurch hothouse, to lOd; outside, to 9Jd; locals, Is Id; Otago ' Centrals, to Is. Grapes: Oamarus, to Is 4|d; locals, to la 6d. French beans, to 6|d. Green peas, to 34d. New potatoes: Oamarus, prim*), to 16s 6d per cwt; locals, to 2Jd. Cauliflowers, to 10s. Cabbage, to 4s 6d per dozen Onions: New season's Canterburys, to 12s 6d; pickling? to 16s. Garlic, to 9d per lb. Cucumbers:. Outside-grown, to 4s; hothouse, to 10s - 6d. Vegetable marrows, to 8s per dozen. Bacon; Prime, Is 9d .lb." Bacon pigs, Is 2d lb. Eggs, to 2s 4d dozen. Honey: Prime sections, to i3s; bulk, to 8d; 10lb tins, 7s 6d. Butter: Prime separator, to Is 6d. Beeswax, 2s 4d"lb. Oatmeal, 30s cwt. Ceremilk calf foods, 15s 6d per'solb. Linseed calf meal, 15s. Fario food, £lO ton. A. and P. chick raiser: 30s per lOOlb, 8s per 251 b, 3s 6d per 101 b. Pomsol: 'Prepared spraying oil, 53 6d in 4gal.- lots. M'Dougall's fruit tree wash, 10s 6d gallon. "Vallo" Giraffe brand of lime sulphur wash- (we advise - ordering early): 2s fid per gallon in 40-gallon casks, Ss per gallon in small lots. Katakilla, 5s per bag of about 2Jlb. " Mysto" knapsack sprayers, £4 18s 6d. C.M.W. spray pumps, 265. Poultry: Hens, 6s 4d to 7s 4d per pair; ducklings, 5a 6d to 7s lOd per pair; cockerels, 5s to 7s 8d pi pair, pullets, 7s 6d to 16s per pair; chickens 2s 6d to 4s lOd per pair. E. OSWALD REILLY, Managing Director, Moray place, Dunedin. LONDON MARKETS. 3?r*SS Association—By Telegraph—Copyright LONDON, February 26. Bank of England returns: Gold coin and bullion, £109,714,000; reserves, £32,369,000; proportion, of reserve to liabilities, 17.02 per cent.; notes in circulation, £96,526,000; Government deposits, £17,332,000; other deposits, £ 172,825,000; Government securities, £85,253,000; other securities, £90,705,000. Short loans, 4£ per cent.; three months' bills, 5| per cent. Exchange rates: On Paris, 48.35 francs; Stockholm, 18.27 kronen; ikronen; Calcutta, rupee equals 31d; New "York, 3 dollars 37£ cents; Montreal, 3 dollars B 3 cents. The Bank of Australasia has declared a 'dividend of 14 per cent, and a bonus of 4 per cent, free of tax. There has been added to the reserve £IOO,OOO, and the amount carried forward is £127,822. At the wool sales there was spirited deimand for merinos at late rates; fine and medium crozsbreds remain unchanged, while lower sorts were largely withdrawn. At Bradford little business is doing. Prices for merinos and fine crossbreds remain unchanged, and lower grade crossbreds are neglected.—A. and N.Z; Cable.

GRAIN'AND PRODUCE MARKET. Messrs Donald Reid and Co. report as follows: Oat 3: The market is very quiet. Arrivals from the country are limited, and stocks in store are very small. On the other hand, there is next to" no inquiry for shipment, the North Island being supplied from Canterbury at prices lower than those current locally. No new oata are yet on offer, though sales hive been made on the Taieri of grain to be cut. Wo quote, nominally: Milling, ss; A. Gartens. 4s lOd; B, 4s Sd to 4s 9d; good feed, 4s 6d, all ex store (sacks extra). Wheat: There is none offering. Fowl wheat, is in strong demand. Chaff: Arrivals during the week have been small, and values have firmed up a little. There is no demand for shipping owing to the want of freight, and the local demand is not a big one. We quote: Best, to £7 12s 6d; good, £7 58 to £7 7s Gd; medium, £7 to £7 2s 6d, all ex store (sacks extra). Potatoes: Arrivals have been barely sufficient for requirements, and values hav* remained firm in" consequence. We quote up to 16s for beet, ex store (sacks included). Messrs Dalgety and Co. report as follows: Oats: Harvesting operations are now in full swing, but very few samples of new season's grain are offering yet. For the odd lines of old season's the demand is not keen, and the bulk of these are going into Jocal consumers' hands. Quotations, nominally, are: Prime milling, 4s lOd to ss; good to best feed, 4s 8d to 4s 9d; light and inferior, 4s 3d to 4s 6d per bushel (sacks extra)- Wheat: Very little offering. Millers have readily taken the few lines of early thrashed new season's grain at maximum Government rates. Fowl wheat is in very short supply, and readily placed on arrival at quotations. Potatoes: Fair supplies have come forward during the past week. There is little change in values, but with increased supplies prices will ease. Best freshly-dug locally-grown, lota in cases are realising 2d per lb; be3t Oamaru and Taieri-growr, in bags, £l4 to £l6 for best. Unripe and otherwise faulty are not in demand at correspondingly lower rates, according to quality and condition. Chaff: Consignments have slackened off during the past week, and all lines have met with better 'inqxury. Bright, heavy oaten sheaf is in most demand, medium and inferior lots being more difficult to place on arrival. We quote: Best oaten eheaf, £7 10s to £7 12s 6d; medium to good, £6 10s to £7 ss; light and inferior, from £5 per ton (sacks extra). COMPANIES REGISTERED. The Mercantile Gazette reports the registration of the following companies: John James and Co., Ltd., as a private company, January 8, 1920. Office: 78 Filleul street, Dunedin. Capital: £2OOO, into 2000 shares of £1 each. Subscribers: Dunedin— John James 665, H. F. James 686, A. M*. James 666. Objects: To acquire and carry on business of contractors and slaters at present carried on by John Jamee. Matheson and Roberts, Ltd., as a private company, January 21, 1920. Office: 10 Octagon, Dunedin. Capital: £2OOO, into 2000 shares of £1 each. Subscribers: Malcolm Matheson 1000, Arthur William Roberts 1000. Objects: To acquire and carry on business of general seedsmen, etc., lately carried on by Matheson and Roberts. Wingatui Brick Company, Ltd., as a private company, January 23, 1920. Office: Richardson street, Dunedin. Capital: £6OOO, into 6000 shares of £1 each. Subscribers: W. D.. Lambert, Dunedin, 4800; J. D. Brown, Abbotsford, 1200. Objects: To acquire and carry on , business of brickmakers lately carried on by C. and W. Gore. INVESTMENT STOCKS. February 28. National Bank of New Zealand— Buyers £6 lis, sellers £6 13s. Bank.of New South Wales—Buyers £36. Bank of New Zealand (£6 13s 4d paid)— Buyers £2O 10s, sellers £2l. Bank of New Zealand (£3 6s 8d paid)— Buyers £l6 7s. - National Insurance—Sellers 81s. New Zealand Insurance—Buyers 335, sellers 33s 9d. South British Insurance—Buyers £9 Bs, sellers £9 15s. Standard Insurance Company—Buyers 645, sellers 68s. P. and O. (deferred)—Buyers £605, sellers £635. Union Steam Ship Company (pref.)— Buyers 20s lOd. Huddart-Parker (ord.) —Buyers 55s 3d, sellers 55s 9d. Westport Coal Company—Buyers 31s sd, sellers 31s 9d. Westport-Stockton (ord.)—Buyers 7s 3d, sellers 7s 6d (ex div.). New Zealand Coal and Oil—Buyers 4s sd, sellers 5s 6d. Brown, Ewing (ord.)— : Bus'ers 265. Brown, Ewing (pref.)—Buyers 21s 6d. D.I.C. (ord.) —Buyers 3s lOd prem. D.I.C. (pref.)—Buyers 21s 6d. Goldsbrough, Mort—Buyers 48s 6d, sellers 49s 6d. National Mortgage—Buyers £5 19s. Wright. <Stepnenson,. and Co. (ord.) — Buyers_ £8 15s. Dominion Rubber—Sellers 50s. .. New Zealand-Malay Rubber (ord.)—Buyers 245. sellers 265. Dunedin Stock Exchange Proprietary— Buyers 455. Dunedin-Kaikorai Trams—Buyers 225. New Zealand Refrigerating (20s paid)— Buyers 465, sellers 48s. New Zealand Refrigerating (10s paid)— Buyers 26s lOd, sellers 27s 2d. Central Otago Preserves—Buyers 29s 6d. Bruce Woollen Company—Buyers 50s, sellers 535. New Zealand Paper Mills—Buyers 355. New Zealand Drug Company (£2 paid)— Buyers 59s 6d. New Zealand Drug Company (15s paid)— Buyers 18s prem. New Zealand Express Company—Sellers 18s. New Zealand Hardware (ord.)—Buvers 14s'9d. Wilson's Portland Cement—Buyers 15s lOrl. Milburn Lime and Cement—Buyers 35s 9d. sellers 36s 6d. Papuan Products—Buyers 2s sd. New Zealand Sugar of Milk—Buyers 43s 6d. M'Gavin arid Co.—Buyers 265. Eclipse Petrol—Buyers 325, sellers 38s 6d. Howard-Smith-—Buyers 46s 3d, sellers 475. Burns, Philp—Buyers 40s.