COMMERCIAL.

Otago Witness, Issue 3455, 1 June 1920, Page 28

COMMERCIAL.

A company h&s boon registered (says the

Southland News), to bo known as the, Stewart Island Pishing and Freezing Company (Ltd.), with, a. capital of £15,000, tho promoting shareholders being Messrs G-. 0. A. Todd, C. J. Broad, R. B. Caws, D. Morton, J. T. F. Mitchell, J. Gilkison, and C Lambeth. One of the objects of the company is to establish freezing works at. the- island, which have been a long-felt and one that has been brought before various Ministers of the Crown for some, time pa3t, with a view to assistance being given to the fishing industry. Nothing has been done tip to the present by tho department, and now a body of enterprising

citizens has come forward -whose action should give an impetus to the industry.

WEEKLY MARKET REPORTS

LIVE STOCK MARKET

Bumside, Wednesday, May 26. There was a very heavy yarding- of all classes of stock at Bumside to-day, end selling was- continued until dark. Fat Cattle.—There were 254 yarded. The yarding was of ordinary quality, no cattle of special merit being forward, as has usually bsen the case at the sale preceding Show Week, and prices were on a par with late rates. Prime bullocks made from £2l to-£2-1 2s 6d; medium, £lB to £2O; light, £ls 10s to £l7 10s. The National Mortgage and Agency Co. sold: For J. and C. Campbell (Momona), 2 bullocks £2l 2s 6d, 2 £22, 2 £2O 15s; M'Gillivray Bros. (Kelso), 1 bullock £lB 7s Cd, 1 £ls ss, 2 £l6 12s 6d, 2 £l2; Chas. Carnie (Maiaura Island), 2 bullocks £l7 17s 6d, 2 £l6 10s, 2 £l6 7s Cd, 2. £ls 2s 6d; H. Newton (Kelso), 1 cow £l3 ss; J. E, Murray (Hampden), 2 cows £lO ss; Clarke Bros. (Woodhaugh), 1 cow £9.—— Stronach, Morris, and Co. sold: For A. Bathgate (Outro-m), 2 bullocks £l6 15s; John Dove (East Taiei), 3 £l6 ss; W. Nichol and Sons (Tauma, Allanton), 2 bullocks £l-1; W. Lindsay, sen. (Allanton), 2 bullocks £l7 17& 6d, 2 £lB ss, 2 £l6 12s 6d, 2 £l6 2s 6d, 2 £ls 17s 6d, 2 £ls 10s, 1 £l4 17s 6d, 2 £l4 10s, 2 heifers £l3 7s 6d, 2 £l3 ss, 1 £l3 2s 6d, 2 cows £l2 15s, 1 £8; J. A. Mathewson (Hope Hill, Allanton), 9 bullocks to £l2 7s 6d; W. Lindsay, jun. (Allanton), 2 cows £l3 10s._— The Otago Farmers' Co-operativC | As-, sociation sold: For trustees late W. J. Charters, 1 bullock £lB 10s, 3 £l6; John Dove (East Taieri), 2 £IS 2s 6d; J. and C. Campbell (Momona), 3 £22 10s, 1 heifer £18; D. Ford (Momona), 2 bullocks £l7 15s; George Ford (Momona), 3 £ls 15s, 1 £l2; J. Renton (Mosgiel), 3 bullocks £ls; George Nichol (Taurima), 2 bullocks £l4;. a client, 1 heifer £ls. 1 £l2 17s 6d, 1 bullock £l3 10a; J. Sutherland (Momona), 3 bullocks £l4 10s, 2 £l3 2s ed; George M'Leod (Momona), 5 heifers £9 10s. Dalgety and Co. sold: For J. and J. Campbell (Momona), 2 bullocks £22 10s; R. Kirk (Mosgiel), 2 £lB 17s 6d; a client,. 1 £22, 2 £2O 10s, 2 £l7 15s, 2 £l7 10s, 3 £ls 15s; A. Bathgate (Outram), 2 £l4 15s; a client, 2 £l2 ss. Wright, Stephenson, and Co: sold: -For John Shennan (Berwick), 1 bullock £22 15s, 1 £2O, 3 £l9 2s 6d, 4 £ls 12s 6d: John Dove (East Taieri), 2 £2l 15s, 1 £2O 2s 6d, 1 £ls 15s; J. G. Wyllie (Outram), 6 £2O 15s, 1 £l7 7s 6d; J. and C. Campbell (Allanton), 2 £l9 12s 6d; D. Ford (Allanton), 2 £l9 10s, 2 £ls 15s; A. Bathgate (Outram), 2 £lB 15s, 3 £l7 2s 6d; J. A. Sutherland (Momona), 2 £lB 12s 6d; J. C. Kenton (Mosgiel), 2 £l7 ss; &.. Nichol and Son (Allanton), 3 £l6 2s 6d, 2 £ls 17s 6d, 3 £l4 10s; R. and A. 'Thomson (Otokia), 6 £ls 17s 6d; J. Dow, jun. (Outram), 1 £ls; J. Orbell (Seaciiff), 6 £l4 ss; A. J. Botting (Stirling), 3- £l3 12s 6d, 3 £l3 10s, 3 £l3 7s 6d, 2 heifers £l2 10s, 2 £ll 7s 6d, 1 bullock £ll 10s, 2 heifers £lO 7s Gd, 2 £9 ss; Mrs W. Kirk (Mosgiel), 2 £11; J. Wilson (Anderson's Bay), 4 bullocks £lO 2s 6d; E. Botting (Te Houka), 2 £9 17s 6d; R. Harvey (Woodside), 1 cow £9 10s. The New Zealand Loan and Mercantile Agency Co. sold: For Wm. Dowdall (Berwick), 1 bullock £22, 1 £lB, 2 £l6 15s, 4 £l6; John Dove (East Taieri),' 2 bullocks £lB ss; James Renton (Mosgiel), 2 bullocks £l7 10s; Wm. Kirk (Mosgiel), 3 bullocks £ls ss; J. A. Mathewson (Hopehill, Allanton), 2 £9 10s, 1 £8 10s, 1 heifer £B. Todd Bros, sold: For John Dove (Mosgiel), 2 £l7 12s 6d; A. Douglas (Mosgiel), 2 £lO 2s 6d; George M'Leod (Momona), 3 oows £9. Donald Reid and Co. sold: For John Marshall (Lumaden), 1 bullock £l7 ss, 1 £l7; A. Bathgate (Outram), 2 £l7; Jas. Renton (Mosgiel), i £lB ss, 1 cow xlO 10s; executors late Wm. Kirk (Mosgiel), 3 bullocks £l7 2s 6d; John Dove (East Taieri), 2 £lB ss; J. and C. Campbell (Allanton), 2 £2l, 2 £l9 17s 6d; a client, 2 £lO 2s 6d; George Ford (Momona), 2 bullocks £l9, 2 £lB 2s 6d; Wm. Menlove (Sawyers' Bay), 1 £ls 10s, 2 £l4 15s; J. Sutherland (Momona), 3 £lB ss; D. Ford (Allanton), 2 £l6 12s 6d; J. Leckie (Middlemarch), 1 £l3 17s 6d, 1 £l4 ss, 2 £ll, 3 £9 12s 6d; Jas. Carrut&ers (Maungatua), 4 £ll.

Store Cattle. —Over 350 store cattle were yarded, a good selection, a. third of them Hereford drosses from the Lakes and Lauder country, the balance ordinary steers and thin cows and bulls, and an odd yard of inferior 3'earlings. Owing to the decline in prices of hides in Australia, the last fortnightly sale in Dunedin was postponed, a factor no doubt affecting prices to-day. Values ruled as follow: —Vealers, fair dairy sorts, 30s to 50s; station-bred vealers, to £4 10s (in rather better demand); 15 to 18' month steers, inferior, £2 15s to £3 10s; heifers, 5s a head bettex; station-bred sorts, £3 15s to £4 10s; two-year-old steers, inferior, £4 5s to £5 10s; station-bred, £6 to £7 10s; extra, £9; empty heifers, off tussock £5 17s 6d; three-year-old steers, inferior, £8 to £9 10s; station Hereford crosses, £lO to £ll ss; extra, £l3; four-year-old Here fords, £l3 15s; good sorts of dairy cows, at profit, in demand, and none offering, £2O; extra, £24; factory-timed dairy cows, £lO to £l2; extra, £ls (the demand being .quite good, but supply meagre). Store cows, graziers' sorts £7 to £9; half fat butchers' sorts, £7 to £8; boners, £4 to £5 10s; bulls, to £lO. The last two classes a,re selling comparatively cheaply, iat about 25s per lOOlb. The National Mortgage and Agency Company sold: For New Zealand and Australian Land Company's Moeraki Estate, 5 bullocks £l7 17s 6d, 9 £ll 2s 6d, 13 £11; J. E. Murray (Hampden), 1 bull £fi 17a, 1 heifer £4 15s, 1 vealer £4 10s; Hodge (Mihiwaka), 1 bull £7 ss. Stronach, Morris, and Co. sold: For W. Lindsav, sen. (Alhmton), 2 cows £lO 7s, 2 £lO, 1 £5 2s 6d; J. A. Mathewson (Hopehill, Allanton), 9 steers, £8 10s, 2 vealers £3 ss; J. R. Brinsdon (Upper Junction), 1 steer £5. The New Zealand Loan and Mercantile Agency Co. sold: For Wm. Milne (Milton), 1 pen cows and heifers at current rates; Browning Bros. (Otautau), 16 vealers £3 2s Cd.- -Todd Bros, sold: For client, 4 suckers £3 lis, 2 £i Is, 1 cow £4 7s, 2 steers £5 lis, 2 £4, 2 cows £2 19s; F. Shirley (Port Chalmers), 2 cows £9 5s and 1 £6 2s Gd; Faulds Bros. (Green Island Bush), 1 bull £3 lis. Dalg'ety and Co. sold: For clients, cows to £7 14s; heifers, to £5 10s.— The Otago Farmers' Co-operative Association sold: For a. Waitahuna client, 1 bull £lO 2s Gel; Thos. Henderson (Mosgiel), 2 steers £7; John Roberts (Flag Swamp), 2 cows £5 13s, 4 £5; Geo. M'Leod (Momona), 2 cows £4 15s. Wright, Stephenson and Co. sold: For Mount Burk Station (Maungawera), 22 steers £l2 15a, 1 cow £l2, 11 steeis £ll 10<s 11 heifers £9 15s, 1 cow £8 10s, 9 cattle £7 lis; H. Clark (Portobello), 1 heifer £9 2s 6d, 1 £8 10s, 2 £5 17a; J. Andrew (Green Island), 9 heifers £5 17s; J. Fosbender (New River),' 20 vealers £4 Is; B. M'lntosh (Brighton), 2 heifers £3 15s. 1 £3 2s Gd; G-. Nichol and Sons., 1 bull calf £3 25... Donald Reid and Co. sold: For X\ T . PL Elliott (Middlemarc.il), C cows £2 12s Gd; H. Clnvk (Portobello), 4 £5 ss; A. A. Patterson (North-East Valley), 3 £5 ss, 3 calves 82s; A. Matheson (Port Chalmers), 1 cow £7 12s Cd, 1 vealer £2 4s; a client, 2 cows £5, 7 steers £B, 1

heifer £8 15s, 1 cow> £2 10s, 2 cows £2 13s, 1 £3 lis. S vealers £1 13s, 1 £3 7s; Mrs Hamilton (Lauder), 9 Steers £l3 15s, 3 £8 ss, 1 £3 10s, 1 cow £6 19s, 1 bull £6; C. Lindley (Brighton), 1 bull £5 12s Gd; W. H. Elliott (Middlemarch), 10 vealers £2 10s; Mrs Bell (Brighton), 1 cow £4 ss; client, 1 bull £B, 1 £6 16s, 1 £7 6d, 1 £5 ss; A. Douglas (Waikouaiti), 15 vealers £3 Is, 4 £2 2s, 1 calf 37s 6d; J. Leckio (Middlemarch), 1 steer £ll 17s 6d. , , Dairy Cows. —The National Mortgage and Agency Company sold: For Murdoch Graham (Hindon), 1 cow £ls os, 1 heifer £ls; J. E. Murray (Hampden), 1 cow £lO 10s; J. and J. Davidson (Galloway), 7 cows to £9 15s. Stronach. Morris, and Co. sold: For M. Bannatyne (Waikouaiti), 1 cow £l3 17s 6d, 1 heifer £9 2s 6d; J. Long (Mikiwaka), 1 cow £ls 10s. 1 do £l2 10s. Donald Reid and Co. sold: For J. Gardiner (Burnside), 1 cow £6 ss; M." Duffy (Brighton), 1 £7 12s 6d; W. H. Elliott, 1 £5 7s Gd. The Otago Farmers' Co-operative Association For a. client, 1 cow £l3. Todd Bros, sold: For Faulds Bros (Green Island Bush), 1 cow £l7; a client, 1 cow £7. Wright, Stephenson, and Co. sold: For W. Buddicomb (Green Island), 1 cow £8 7s Gd. Calves. —Stronach, Morris, and Co. sold: For T. Irvine (Mosgiel), 1 365; Mrs M. Kirkwood (Waikouaiti), 1 31s, 1 12s; T. Robinson (Berwick), 1 20s, 1 12s; P. O'Neil (Mosgiel), 1 13s. Donald Reid and Co. sold: For Mrs E. Bell (Brighton), W. Harvey (Momona), James Thomson (Green Island), T. Walker (Sawyers' Bay), D. Adam (Green Island), calves to 15s.——Todd Bros, sold: For J. H. Harris (North-East Valley), 1 255; Miss K. Flannery (Wyiie'a Crossing), 1 41s; a client, 1 41s. The Otago Farmers' Co-opera-tive Association sold : For Mrs Laverty (Green Island), 1 £1 13s; James Grainger and Son (Maungatua), 2 £l, 1 14s; D. M'Laren (Caversham), 1 15s; a client, 1 10s. Wright, Stephenson, and Co. sold: For R. Randal 1 (Bumside), 1 31s; G. Nichol and Son (Allanton), 1 20s; F. E. Bankinson, 1 13s. Fat Sheep.—There were 4800 yarded, the quality on the whole being of a higher standard than recent yardings. Prime heavy sheep met with good competition, selling at in some cases a slight . advance on late rates, while medium sorts were about on a par with last sale. Extra prime heavy wethers made up to 735; prime wethers, 48s to 60s; medium, 35s to 455; light and unfinished, to 335; extra prime heavy ewes made up to 57s 3d; prime, 40s to 465; medium, 33s to 38s; light and unfinished, 25s to 30s. The National Mortgage and Agency Company sold: For James Smith (Greenfield), 4 wethers 735, 3 40s; Jas. Jenkins (Kelso), 2 ewes 57s 3d, 15 375; Jas. W. Armstrong (Becks), 33 wethers 47s 3d, 18 41s, 14 38s 9d; R. T. Murray (Waipahi), 1 ewe 49s 6d, 31 375, 22 35s 3d, 6 wethers 35s 6d; F. Newton (Kelso), 45 ewes 36s 3d, 37 32s 6d, 14 wethers 36s ; J. Williams (Kelso), 30 wethers 36s 6d; R. A. C. Rodgers (Kauroo Hill), 45 ewes 355, 8 30s; Mrs Jackson (Bannockburn), 21 wethers 33s 9d; J. and R. Mote (Warepa), 1 ewe 39s 3d; Thos. Nevill (Moa Creek), 44 ewes to 41e 6d; A. D. Elliott (Moa Creek), 65 ewes to 35s 3d; D. Andrew (Mosgiel), 24 wethers 335; J. M'Leod (North End), 36 ewes 29s 3d, 55 295" 6d; George Cochrane (Glenavy), 30 ewes 33s 3d, 40 27s 3d, 30 275, 26 26s &d; Wm. Colling (Cambrian), 19 ewes and wethers to 22s 3d; A. B. Mann (Kokonga), 15 ewes 28s; a client, 80 ewes 13s 9d. Stronach, Morris, and Co. sold: For A. S. Holms (Waimahaka), 5 ewes 425, 29 41s 6d, 24 37s 6d; Mulligan Bros. (Crookston), 3 pens ewes at full market rates; Jas. Percy (Matakanui), 11 wethers 26s 6d, 17 23s 6d; A. Scott (Arngibbon, Burnside), 2 pens wethers, 1 pen ewes to 38s; a client, 2 pens wethers to 37s 6d, ewes to 38s 9d; P. Toomey (Waikouaiti), pen wethers 435, 26 ewes 18s; D. B. M'Donald (Tapanui), 49 ewes at quotations. Dialgety and Co. sold: For W. G. Thomson (Waihao Downs), 30 wethers 62s 6d, 20 53s 6d; Sheddan Bros. (Otautau), 7 wethers 62s Gd, 30 51s, 15 435; a client, 27 wethers 49s 6d, 10 44s 3d; T. S. Little (Corriedale), 25 wethers 41s 9d, 19 30s 9d; J. Griffiths, truck at quotations; Lindsay Bros. (Otautau), 33 ewes 36s 9d," 17 34s 3d; a client, 33 wethers 35s 6d, 28 345; a client, 26 ewes 435, 17 33s 9d; J. Moring, 33 wethers 37s 3d, 37 345, 19 33s 6d, 30 ewes 22s 9d, 10 21s; John Leask (Lauder), truck ewes market rates; H. Pemble (Waikaia), 54 wethers to 35s 9d; G. Lindsay (Weddarburn), 40 wethers to 43s 3d; a client, 100 sheep to 355; John Love (Galloway), 68 wethers at quotations; a client, 30 ewes 425, 23 38s. The Otago Farmers' Co-operative Association sold: For W. H. Lusk (Crookston), 18 ewes 48s, -22 395, 9 maiden ewes 445, 9 wethers 42s 3d; W. Pringlo (Tapanui), 19 ewes 465, 11 38s 6cl; Southland Farmers', Gore (as agents), 13 ewes 355, 12 30s; John E. Spratt (Sutton), 23 ewes 33s 3d, 17 295; a Gore client, 30 ewes 27s 9d, 30 25s 3d; A. Blowers (Purekireki), 26 ewes and wethers 30s 9d, 44 ewes 25s 3d; Chas. Aston (Moa Creek), 27 ewes and wethers 32s 6d, 27 ewes 28s; Wm. Pearson (Lawrence), 34 ewes 295, 23 235; A. S. Peek (Matakanui), 15 wethers 25s 3d, 23 ewes 13s 6d; W. G. M'Croady (Ranfurly), 33 ewes 22s 9d; a Central client, 59 ewes 14s 6d; a Milton client, 150 ewes jog gd. Todd Bros, sold: For John Harris (Heriot), 31 ewes 35?, 29 30s 6d; C. Austin (Omakau), 22 owes 29s 3d, 33 25s 3d, 6 wethers 38s 9d. Wright, Stephenson, and Co. sold: For Bushey Park Estate (Palmerston), 7 wethers 70s; C. Edgar (Dipton), 24 wethers 60s, 14 58s, 12 ewes 38s 6d; G. Nichol and Sons (Allanton), 120 wethers 38s 6d; J. Plunket (Centro Bush), pen wethers 365, 31 ewes 33s 3d, 25 30s; J. Duff (Island Cliff), 27 ewes 355, 9 33s 6d; R. Wilson (Pine Bush). 53 ewes 33s Gd, 30 30s 6d; C. Noone (Poolburn), 8 wethers 31s 9dl; James Chapman (Dunback), 10 ewes 31s 3d; H. Meredith (Waimate), 32 ewes 31s, 30 30s; D. Andrew (Mosgiel), 38 wethers 30s 9d, 23 30s; J. Geoffrey (Wedderburn), 13 ewes 255; Executors of the late A. Hecnan, 44 ewes 265. The New Zealand Loan and Mercantile Agency Cohroany sold: For Alex. Gow (Outram), 19 wethers 49s 3d, 14 ewes 395; a client, ilwethers 40s Cd, 42 34s 6d, 36 34s 6d; a northern client, 37 wethers 48s, 36 44s 3d, 51 43s 3d; William J. Marshall (Henley), 27 33s 6d. 38 335, 6 325, 18 31s, 30 29s 6d, 17 295; Edward Ottrey (Heriot), 1G ewes 41s 3d, 14 28s 9d!; John Baikie (Glenavy), 21 wethers 38s 9d, 43 ewes 295, 60 28s; John Burnett (Waikoikoi), 3 ewes 48s 3d, 17 37s 3d, 8 335, 29 wethers 31s 6d; a client, 30 ewes 30s 3d; J. G. M'Donald, 4 wethers 32s 6d, 55 ewes 32s 3d; W. Doig (Papakaio), 6 wethers 49s 6d, 52 ewes 42s Gd; Stiell and Drake (Berwick), 20 sheep at current rates. Donald Reid and Co. sold: For Joseph Preston (Kyeburn), pen wethors 57s 3d, 19 455, 32 37s 3d, 15 37s 6d; Canterbury Farmers' Co-operative Association (\Ya-i----niate), 13 ewes 33s 9d, 52 25s to 26s 9d; -D. M. Eeid (Milton), 40 ewes 27s to 335; David Andrew (Mosgiel), 56 ewes 2Ss 3d to 31s 3d, 7 35s 3d, 27 wethers 30s; A. C. Hampton (Milburii), 66 wethers 26s 9d to 30s 6d; _ Canterbury Farmers' Co-operative Association (Waimate), 60 ewes 32s 9d to 37s 9d; Butler nnd Horsnett (Morven), pen ewes and wethers 51s, pen ewes 24s Gd to 325; Peter Sim (Crookston), 18 ewes and wethers 49s 9d, 10 375; J. Marshall (Lumsden), pen wethers 455; M. J. O'Connor (Poolburn), 65 ewes at quotations; W. Heffernan and Son (Middlemarch), 47 ewes to 26s 3d; W. Burns (Wingatui), 10 ewes and wethers 29s 9d; Matthew HamiUon (Lauder), 136 owes and wethers to 21s; Canterbury Farmers' Co-operative Association

(W annate), 32 wethers 355, 6 41s 3d. 20 32s 9d to 35s 9d; Mrs P. I. Roberts (Gimmerbiirn). 20 wethers 31s 6d, 10 ewes 275, pen 265; H. Scott (Morton), pen wethers 41s Gd, pen 245, 16 ewes to 2Ss 3d. Fat Lambs.—There wore 1433 yarded of mixed quality, including a few lots of extra special merit, these latter selling under keen competition. Extra prime heavy lambs made up to 575; prime freezing lambs, 30s to 40s; medium. 24s to 275; lighter sorts, 18s to 225. The National Mortgage and Agency Co. sold: For J. and R, More' (WareP;U 1 49s 6d; for J. E. Jenkins (Kelso), 3 at 45s 3d, 3 41s, 3 37s 9d; Thos. Nevill (Moa Creek), 831 to 30s; A. D. Elliott (Moa Creek), 26 255;, F. Newton (Kelso). 36 23s 6d; J. brmtn (Greenfield), 44 235; client, 24 at quotations; Mrs Jackson (Bannockburn), 39 22s Gd; A. B. Mann (Kokonga), 55 21s; Wm. Colling (Cambrian), 58 20s. Stronach, Morris and Co. sold: For Jas. Percy (Matakamu), 14 lambs 21s 9cl, 28s, 20s 3d; Jas. Gow (Mogiel), pen lambs 225. Donald Reid and Co. sold: For P. I. Roberts (Gimmerburn), 32 lambs 25s 6d, 16 ■ 23s 6d; W. Burns (Wingatui), 11 255; James Gordon (Warepa), 2 575; A. West (Brighton), 1 50s; W. lieffernan and Son (Middlemarch), 8 24s 3d, R. and J. W. Scott (Kyeburn), 44 29s 9d, 36 27s 9d; J. Marshall (Lumsden), pen 50s; H. Scott (Merton), 20 22s 6d. Wright, Stephenson and Co. sold- For J Duff (Island Cliff), 29 375; James Chapman (Dnnback), 13 30s, 9 28s; D. M'Donald (Dipton), 46 29s 6d, 28 2Ss 6d, 41 28s, 26 26s 6d; J. Geoffrey (Wedderburn), 23 235, 23 21s; C. Noon (Poolburn), 7 18s 9d; exors late A. Heenan, 21 14s 6d. Todd Bros. sold: For C. Austin (Omakau), 9 23s Gd;' client, 15 19s. The New Zealand Loan and Mercantile Agency Co. sold: For a client, 30 25s 6d; J. G. M'Donald, 1 pen 255. Dalgety and Co. sold: For client, 5 lambs 375, 14 36s 3d, 4 255; G. Lindsay (Wedderburn), 24 27s 3d; client, 59 at quotations. ■ The Otago Farmers' . Co-operative Association old: For W. Pringle (Cxookston), 31 lambs 375, 4 36s 9d; -Jno. R. Spratt (Sutton), pen 31s 9d, 18 30s 9d ; Southland Farmers' Co-op. (Gore, as agents), 19 32s 6d, 23 275; C. Aston (Moa Creek), 13 30s 6d; Jas. Scott (Gimmerburn), 38 30s 3d. 22 235, 12 27s 6d, .pen 15s; A. S. Waller (Waiwexa. South), 16 25s 6d, 44 235; W. G. M'Cread.y (Ranfuxly), 11 30s, 21 22s 3d; a Central client, 15 22a 3d, 28 19s 3d; A. S. Peek (Matakanui), 30 225, 50 19s 6d.

Pigs.—Stronach, Morris, and Co. sold: For G. Butler (Leith Valley), 1 pig £7, 2 £6 16s; Sonntag Bros. (Brockville), 2 pigs £Q 17s; clients, 2 pigs £7 Bs, 1 £7, 1 £4 15s; J! R. Brinsdon' (Upper Junction), 2 pigs £5 13s, 1 £5; T. Ward (Waikouaiti), 3 pigs £3 10s; W. M'Hattie (Momona), 2 pigs- 29s 6d; 1 295, 1 26s 6d; A. Ralston (Allanton), 6 slips 20s 6d; F. Beal (Seacliff), 8 slips 13s 6d. The New Zealand Loan Mercantile Agency Co. sold: For Win. "M'Hattie (Allanton), 4 pigs 20s. Todd Bros, sold: For G. Donaldson (Leith Valley), 3 £6 18s; a client, 2 £7 12s; John Moloney, 4 £8 3s; T. Forsyth (N.E. Valley), 2 £5 6s.- —-The Otago Farmers' Co-operative Association sold: For T. G. Harwich (Mosgiel), 3 £6 14s, 3 £6 ss; W. Wylie (Sawyers' Bay), 4 £5 16s; W. Ross(Sandymount); 1 £5 10s, 1 £A 15s; W. D. Wright (Upper Junction), 4 £5;- J. W. Blair (Outram), 3 £3 8s; Geo. Hurray (Portobello), 2 £3" 10s, 2 £2 15s; C. O. Anderson. (Riverside, Outram), 2 £2 Bs 6d, 3 £2 lis, 4 £2 2s 6d. Wright, Stephenson, and Co. sold: For W. Cowan (Sandymount), 1 £7 18s-, 2 £7 14s, 1 £7 Is; G. Donaldson (Leith Valley), 3 £7 16s; T. Williams (Anderson's Bay), 1 £7 16s; E. Hellyer (Anderson's Bay), 1 £7 14s, 1 £7; R. Johnson (Waverley), 3 £7 7s; T. Richards (Opoho), 3 £6 16s; A. Bruce (Highclifr), 1 £6 15s, 2 £5 13s; W. Gearv (Portobello), 2 £6 13s; A. Stone (Burnside), 1 £5 15s; E. J. Hardman (Otakau), 2 £5 ss. Donald Reid and Co. sold: For E. Ayers (Kaikorai Valley), 2 £4; John Gardiner (Green Island), 3 £7 ss-; A. Rattray (Otokki), 3 £5 12s; W. Harvey (Momona), 1 £5 2s, 1 £7 2s; Gibson Bros. (North Taieri), 2 £6; T. Harvey (Sawyers' Bay), 2 £5 12s; D. Thomas (Dunedin), 2 £5 14s; G. Newman (Momona), 1 £7 19s, 1 £7 7s; T. Collins (N.E. Valley), 3 £7 ss; P. Barling (Dunedin), 4 £8 Is, 3 £6 los; Somitag Bros. (Brockville), 1 £6 13s, 1 £6 18s.

Store Pigs.—Donald Reid and Co. sold: For Gibson Bros. (North Taieri), 5 335; W. Haivey (Momona), 3 20s, 214 s; P. Barling (Dunedin), 21 20s, 5 • 13s, 12s Gd. Todd Bros, sold: For F. Shirley (Port Chalmers), 4 suckers 20s, 220 s 6d; T. Banfort (Wylie's Crossing), 3 265; Jane Bros. (Moa Flat), 1 pig 425, 12 435, 6 465, 6 475, 6 41s.

ADDINGTON MARKET. CHEISTCHURCH, May 26 % At Addington market there were slightly smaller yardings of all classes of sheep, but fat cattle showed an increase. Prime beef and mutton maintained good values, and there was an advance in prices for both prime and secondary, but store sheep showed a distinct easing. . Store Sheep.—The market for all classes was dull throughout. Quotations: —Forward lambs, 20s to 25s Gd; ordinary lambs, 15e 9d to 13s 6d; cull lambs, 13s to 14s 6d; ewe lambs, 17s Id to 19s 6d; two, four, six, and eight-tooth ewes, 203 6d to 28s 9d; inferior two four, six, and eight-tooth ewes, 14s to 20s; two-tooth ewes, 22s 8d to 2Ss; good four, six, and eight-tooth wethers, 28s to 345; ordinary four", six, and eight-tooth wethers, 25s 6d to 27s 6d; inferior four, six, and eighttooth wethers, 223 9d to 24s 9d; good twotooth wethers, 26s 9d to 29s 3d; inferior twotooth wethers, 21s 7d to 24s 3d. Fat Lambs.—For prime the market wa3 good. Extra prime lambs brought from 35s 9d to 40s; prime lambs, 28s to 33s 6d; medium lambs, 25s 6d to 27s 6d; light and inferior, 20s lOd to 24s 9d. . Fat Sheep.—The market closed very firmly at an advance on recent sales. Extra prime wethers brought from 47s to 55s 9d; prime wethers 39s Gd to 45s 6d; medium wethers, 34s 3d'to 3&j 9d; lighter wethers, 30s to 3-ls 6d; extra prim© ewes, to 51s; prime ewes, 37s 9d to 42s 6d; medium ewes, 31s 6d to 375; lighter ewes, 22s to 31s. Fat Cattle.—The yarding included a good proportion of well-finished beeves, for which the market was firm, showing an advance of about 20s per head on the preceding Lighter beef was also in better demand, anal Ihe market for all classes closed firm, particularly for prime stuff. Extra prime steers brought up to £29 ss; prim© steers, £l9 to £26 2s Gd; medium steers, £ls 10s to £l3 lSs; lighter steers, £8 10s to £l4 10s; extra prime heifers, £l3 17a 6d to £l6 17s 6d; ordinary heifers, £lO 16s 6d to £l3; extra prime cows, £l3 10s to £ls 17s 6d; ordinary cows. £9 2s 6d to £l3. Store Cattle.—Eighteen-month steers, £4 15s; two-year-old steers, £7 2s 6d; store cows, £3 to £4; spring calvers, £5 8s to £7; bulls £3 10s to £6. , Dairy Cattle—There was a brisk demand. Springing heifers brought from £9 to £2O; second and third calvers to £22; backward and) inferior cows. £5 to £lO. Fat Pigs.—A keener demand. Choppers brought from £G to £9 lis; light baconers, £5 15s to £6 10s; heavy baconers, £6 to £1 15s; extra heavy baconers, £8 7e—average price per lb, lOd; light porkers, £3 6s to £4; heavy porkers, £4 5s to £s—average prica per lb, lid to ll£d.

SOUTHLAND MARKET 3. (Thom Odb Own CoRR£sr'ONDBHT.J

INVEECARGILL, May 29. During tho past week the stock market has been a little easier owing to the very severe weather we are experiencing, and sheep that otherwise would not have come on the market have been offered at country sales, a large number of steers being forward- This, of course, has had a softening effect on the market. Store cattlo remain the same as last week, with the exception of extra forward lines. The winter is on us very early, and it is clear that the turnip crops will not see us through. This is frightening graziers and will have a bad effect on the market for some time to come. Prices may. be quoted: ■Store Sheep.—Mixed-sex lambs, good, 22s to 21s; average, £1; inferior, down to 143; extra forward four and six-tooth wethers, 33a to 345; average, 325; inferior, down to 28s; two-tooth wethers, 22s to 27s 6d; average, 5245; inferior, 21s; four, six, and eight-tooth ewes, 26s to 28a; average, 255; inferior, 22s j sound-mouthed ewes, 21s to 23s for good; failing-mouthed ewes, 9s to 15s, according to condition. Fat Sheep.—Extra prime wethers, 40s to 455; prime, 40s; unfinished, down to So",; extra prims ewes, 33? to 355; prime, 30s; unfinished, 265. Fat Cattle.—Extra prime steers, £22 10s to £24; prime, £lB 10s; unfinished, down to £ls; extra prime cows, £l4 to £l6; medium, £l2; unfinished, down to £10; extra prime heifers, £l4 10s to £ls 10s; prime, £ll to £l2; unfinished, down to £8 10s. ~".., Store Cattle.—Three, and four-year-old bullocks, £ll to £l2; two to 2|-year-olcb, £7 10s to £7 15s; 18 months' old steers, £3 10s to £4; cows, 30s to 355; dairy cows, £2O to £22 for really good sorts; average, £ls to £l6; poor and inferior, down to £B.

OAMARU MARKETS. (Frou Oub Own Co-respondent.) OAMARU, May 29

Another quiet week has been passed in the stock market. There have not been many sheep offering, and there are few buyers. A few sales in modest lines are reported it the following prices:—Small two-tooth ewes, 24s 6d; good sound-mouthed ewes, 26s 6d and 27s 6d; extra quality ewe hog-gets, 275; fat wethers, 43s "to 465; fat ewes, 335; fat lambs for export, 26s -Gd; store lambs, from 21s 6d to 24s 6d. according to quality. A few fat cattle were handled at £l6 10s, and heifers up to £l2 10s. There is not much call for store cattle, and sales have been few during the week, the prices ob'ained being: Two-and-a-half-year-oM steers, £9; 18-months-old steers, from £4 to £6 ss; calves, '2ss to 30s.

Dairy cattle continue to sell readily, and during the week cows just at profit were sold at £ls and £l6.

THE FRUIT AND PRODUCE WORLD.

Beilly's Central Produce Mart (Limited) report:—Heavy consignments of onions, potatoes, and bacon pigs. Good demand for fruit and forest trees, stud poultry (particularly Orpingtons and white Leghorns). Stamped and preserved eggs wanted. Low prices have to be accepted to clear ferrets. The following prices are being secured: Apple, plum, cherry, quince (two-year trees), 15s to 18s per dozen, £5 per 100. Shrubs: Is 6d to 3s each. Eioses: to 12s dozen. Gooseberry and currant tree?-: 5s to 7s 6d. rhubarb roots:' 15? per 100. "Violets: 3.1 per hundred blooms for special qualitv. Chrysanthemums : to Is dozen blooms. Walnuts: Is Id to Is" 4d: Soft-shelled almonds.: 1". 6d Hazelnufs,- Is 6d. Bananas: Expect 255. Lemons: American, 50s. Apples: Delicious, from 12s fid to 17s 6d ; Cox's, from 9s to 123: King Davids, 7s 6d +o 9s; Jonathans, 7s 6d to 10s; Munroes, 6s 6d to 7s 9d; Lord Wolseleys, 7s 6d; Alfristons, 63 6d; Five Crowns, 7s 6:1, 8s Gd; Scarlet Nonpariels, 7s to 10s 3d per case. Quinces: to 3sd. Tomatoes: Chris+church, 2d to 9d; locals, Is 5d to Is Bd. Grapes: Locals, to 3s. Cauliflowers: •to 7s 6d. Cabbage: to 3s. Vegetable marrows : to 15s. Cucumbers: Hothouse, to 20s per dozen. Pumpkins, to 12s per sack. Pie Melons: 16s. Potatoes: 8s to 9? 6d per cwt. Bacon pigs: 150-170 lb, 10Jd; 100-130 lb, lOJd; heavy weights, 7*d to lOd. Eggs: Guaranteed, 3s 3d; preserved. 2s 6d dozen. Bulter: Prime separator, Is 6d. Honey: Prime Sections, 10s to 12s; bulk, to BJd; 10lb tin?, to 7s Gd. Beeswax: 2s 6d per lb. Tea: Choice Ceylon, 3s 4d per lb, in 10lb tins. Oatmeal: 30s cwt. Pollard: lis lOd per 1001 b bags, 14s lOd per 1251 h bags. Earro food: Specially recommended, lis. Bran: 9s 3d per bag. Oats: 5s 9d. Wheat: 8s 3d. Cape Barley: Bs. Prussian Blue pea?: 15s bushel. Oat sheaf chaff: to .£9, ex s'ore. Oat straw chaff: £6 to £7, ex store. CM.W. spray pumps, 32s 6d. " Mysto" knapsack sprayers, £5. Katakilla: 5s per bag of about 2Jlb. " Va-llo" Giraffe brand of lime sulphur: 2s 6d per gallon, in 40gal casks; 3s per gallon, in small lots. M'Dougall's fruit tree wash: 10s 6d per gallon. ■ -Pomsol: 4-gallon tins, 5s Gd gallon; 1-gallon tins, 7s gallon. Eabbitskins: 13d to Gld. Tallow: 48s to 535. Ferrets: 9 at 2s, 6 at 2s 6d. Poultry: Cockerels—2 at 4s Bd, 17 at 4s lOd, 21 at ss, 21 at 5s 4d, 8 at 5s 4d, 6 at 5s Gd, 5 at 5s Bd, 9 at 6s, 5 ait 6s 2d, 12 at 7s lOd (per pair); hens—--2 at 3s 4d, 100 at 4s, 36 at 4s 2d, 70 at 4s 4d, 43 at 4s 6d, 3 at 4s Bd, 4 at ss, 8 at 5s 6d, 7 at 5s 8d (per pair); pullets—4 at 10s, 2 at lis, 10 at lis 6d, 2 at 13s, 3 at 15s 6d (per pair); ducks —10 at 5s 4d, 3 at 6s Gd, 5 at 6s Bd, 5 at 9s 4d (per pair). E. OSWALD EEILLY, Managing Director, Moray place, Dunedin.

DAIRY PRODUCE Messrs Nathan and Co. (Wellington) report as follows tinder date May 24: Butter.—lt is apparent, from cables received) and inquiries reaching New Zealand, that Australia is very short of butter. We ourselves have had messages calling for supplies from 10,000 to 15,000 boxes this week, but, of course, under tha present circumstances no export is permitted. The only way_ that anything can be done to assist Australia that we .can see—if the position is serious as far as actual local consumption is concerned, and provided this butter is not •wanted for re-export to the East, etc. —is for the Australian Government to arrango with the British Government to release them a certain quantity for distribution in Australia. Locally wo understand that the Government Is arranging to supply distributors with but'er if they are not r.ble to arrango for sufficient butter in the usual way, that is, direct from the manufacturers. Tho position of butter in London scorns to have been altered by the Government agreeing to ceape rationing. This, no doubt, has been caused by the plentiful supply available through the natural course of events—i.e., when a lino is showing a high value it is certain that there is a rush to produce same, It was thought at ©no time that there was a likelihood of tho fixed! retail price of 3s per lb being reduced to 2s 6d, but apparently no such move has been made, or at least has not boon made for the present. One other point that arisen at thi9 stage, and which we have touched Upon before, is, if the value of butter for

export is to equal about 2s 3d, based upon the English fixed retail price of 3s, then what is to be the price to the consumer for local trade in New Zealand? The New Zealand Government, no doubt, is considering this matter and will have something to announce in a little while. Cheese.—There seems to be an inclination on the part of cheese producers to feel that the value of butter is likely to bo a better payable proposition than cheese. This is doubtful at present values. Taking into consideration that the Government may have to make some provision to fix the local price of butter, it appears to us that cheese is still quite equal to, if not better than, butter. It must be remembered that at least onethird of the butter produced in New Zealand is used locally. However, all these discussions are a little hypothetical, because _no one can* say to-day whether the retail prices in England, both of butter and cheese, may not be amended or altered from time to time. The factories with dual plants are,_ of course, in a safe position. The general view 'is that the English fixed prices of butter and cheese are not likely to be raised, but rather, if any alteration is made, they will be lowered. Casein.—The market for casein appears to b 3 about steady at recent quoted prices. Market cables received state that lactic acid ground! is at present worth about 70s. With other sources of supply of the same description of casein, values are as follow:—Argentine, 755; Indian, 48s to 50a. RICE MARKET. The following report has just been received by the Dunedin agents of a leading Sydney firm: Aa far as New Zealand is concerned there are only two markets that could be operated on with regard to new season's rice—namely, Burmah and Cochin China. (Saigon). Burmah is now closed out, for the reason that the estimated crop is 25 nor cent, short of normal, and the demands from the various parts of the world are enormous, resulting in the Viceroy of India requesting those parts of the British dominions that have obtained licenses to relinquish as much of the licensed quantity as possible, in order that provision may bo made for other parts of the Empire that are in great need of and almost wholly dependent upon rice supplies. Owing to the failure of the Siamese rice crop the situation has become alarming in the Malay Peninsula, where rice is the staple diet of the non-E-uropean population, and there is considerable danger of famine in those parts, for the reason India cannot even allot one-half ef the minimum requirements of the Malay Peninsula. The export duty on rice from Cochin China has again been increased, and America, the Straits Settlements, Java, Europe, and Cuban ports have been buying heavily. The outcome is that prices have advanced, and there is every indication of th© market remaining very firm. PERPETUAL TRUSTEES, ESTATE, AND AGENCY COMPANY. The thirty-sixth annual report of the directors of the Perpetual Trustees, Estate, and Agency Company of N.Z., to be submitted at the annual general meeting of shareholders to be held at the office of the company, Vogel street, Dunedin, on Wednesday, June 9, 1920, states: _ "The directors have pleasure in submitting their thirty-sixth annual report and balance sheet. The profit for the year amounts to £6629 lis sd. which, added to £1994- 3s (being amount brought forward from previous year [£2593 12s Bd], less income tax for year ended 30th April, 1919, £599 9s 8d), shows an available Balance of £8623 14s sd. Out of this an interim dividend at the rate of 15 per cent, per annum on the paid-up capital of £12,500 was paid for the half-year ended 31st October, 1919, which absorbed £937 10s, and the directors now recommend that tho balance, £7680 4s sd, be dealt with as follows:—To payment of a dividend on paid-up capital (£12,500) at 15 per cent, per annum for half-year ended 30th April, 1920, £937 10s; to reserve fund, £2500; to bonus to staff, £450 7s; to depreciation, £35; to carry forward to next year (subject to income tax for year just ended), £3763 7s sd. Messrs James Begg and Robert J. Gilmour are thfe retiring directors, and both being eligible offer themselves for re-election. ' PUR MARKET. Mr R. S. Black, who is the. New Zealand agent for Messrs Funsten Bros, and Co., of St. Louis, U.S.A., where a sale is being held, has received the following cable from that firm:—"Coneys, domestic, 20 percent.; fox, foreign, 30 per cant.; Japanese mink, 40 per cent.; Japanese fox, 15 per cent.; Japanese marten, 20 per cent.; flying squirrel, Beranduki, 25 per cent.; white fox pairs, 10 per cent., all lower than February auction sales. China dog mats and China dog robes unchanged." Mr R. S. Black, who is New Zealand agent for Messrs Funsten Brothers and Co., of St. Louis, U.S.A. (where a fur sale is at present taking place), has received the following cablegram: —"Fitch: Kolinsky, about 20 per cent, lower than in February."

INVESTMENT STOCKS. May 29. National Bank of N.Z.—Sel. £6 18s 6d. Bank of N.Z. (£6 13s 4d paid)—Buy. £23 12s 6d. Bank of N.Z. (£3 6s 8d paid)—Buy. £23 10s, sel. £23 15s. National Insurance Co. —Buy. 775, sel. 795. N.Z. Insurance Co.—Buy. 33s 6cli, sel. 355. Standard Insurance Co.—Sel. 63s 6d. N.Z. Shipping Co. (pref.)—Buy. £lO 10s. P. and O. (def.)—Buy. £460, sel. £SOO. U.S.S. Co. (pref.)—Buy. 21s Sd. •Huddart, Parker (ord.) —Sel. 54s 6d. ' Westport Coal Co.—Buy. 32s 9d, sel. 33a. West.-Stockton (ord.) —Bny. 8s Bd, sel. 8s lid. West.-Stockton (pref.)—Buy. 10s 6d. Brown, Ewing (ord.) —Buy. 265. D.I.C. (ord.)—Buy. 5s prem. D.I.C. (pref.)—Bny. 21s, sel. 225. Goldsbrough, Mort —Sel. 50s 3d. National Mortgage—Buy. £6, sel. £C 12s. Wright, Stephenson (pref.)—Buy. 975. Punerlin Stock Ebc. Propy.—Buy. 455. N.Z. Ptefrigerating (£1 paidi)—Buy. 47s 3d, sol. 47a 9d. • N.Z. Refrigerating (10s pax!)—Sel. 2Cs 6d. South Otago Freezing—Sel. £6. Central Olr>go Preserves—Sel. 325. Bruce Woollen Co. —Sel. 50s. Mosgiel Woollen—Sol. £7 Bs. M'Leod Bros.' Soap—Buy. £ls ss. N.Z. Paper Mills—Buy. 33s 9d, sel. 35s 9d. N.Z. Express Co.—Buy. 18a, sel. 19a 3d. N.Z. Hardware (ore!.)—Sel. 2f>s 6d. N.Z. Hardware (prof.)—Sel. 20s Milburn Lime and Cement—Buy. 36s 3d, sel. 37s 3d. N.Z. Consolidated Dental—Buy. 255. Otago Daily Times—Buy. 50s, sel. 535. Papuan Produces—Sel. 2s 7d. N.Z. Sugar of Milk—Buy. 435. M'Gavin and Co.—Buy. 26s 9d. N.Z. Acotyleno-Hardiware —Buy. 255.