COMMEROIAL

Otago Witness, Issue 3495, 1 March 1921, Page 24

COMMEROIAL

WEEKLY MARKET REPORTS Burnside, Wednesday, February 23. Fat Cattle. —There was a full yarding, 257 head being penned, which included a few pens of good quality cattle. The sale opened at price 3 on a par with last week’s rates, but towards the end of the sale prices eased from 41 to £1 lfts per head. Extra prime bullocks, to 422; prime, from 417 to 419 15s; medium, £l3 10s to 415 15s; lighter, from £9 10s; prime heifers, 415 to 416; medium, £ll to £l2 10s; lighter, from £7 upwards.— — The New Zealand Loan and Mercantile Agency Company sold: For James Benton (Moegiel), 2 bullocks £ls; W. Nichol and Son (Allanton), 2 £l4 12s 6d; John Dove (East Taieri), 2 413 15s; Wm. Kirk (Mosgiel), 3 £l3 7s 6d; Wm. Dowdall (Berwick), 2 £l2, 2 £lO 2s 6d, 2 £9 10s, 1 heifer £B, 1 bullock £7. Todd Bros, sold: For Walter Blackie (Mosgiel), 1 bullock £l6 6s, 1 £l4; John Dove (Mosgiel), 2 bullocks £l3 12s 6d; Wm. Lindsay, jun. (Allanton), 1 cow £ll, 2s 6d, 1 £8 2s 6d; a client, 2 bullocks £lO 2s 6d; David Adam (Green Island), 1 cow £l2 2s 6d, 1 £9 15s, 1 £8. —-The National Mortg-age and Agency Company sold: For Walter Blackie (Mosgiel), 2 bullocks 414 15s; J. and C. Campbell (Momona), 1 413 17s 6d; Gore clients, 6 bullocks to £l6 15s. Donald! Reid and Co. sold: For Thomas Ayson (Wyndham), 3 bullocks 418 ss, 3 £l2 17s 6d, 3 £l2 12s 6d, 2 £ll 17s 6d; John Allan (East Taieri), 1 cow £7 17s 6d; Hall and Son (Balclutha). 3 bullocks £l3 15s, 3 £l3, 3 £l2 2s 6d; James Renton (Mosgiel), 2 £l9 ss; Executors of the late Wm. Kirk (Mosgiel), 3 £ll 12s 6d; J. and C. Campbell (Allanton), 1 bullock £ls 15s, 2 £l2 10s; James Gow (Mrosgiel), 1 heifer £8 17s 6d, 1 £6 15s, 2 £4 15s; Wm. Lindsay, sen. (Allanton), 3 bullocks £lB, 1 £l6 7s' 6d, 2 £l3 2a 6d; Wm. Carslaw (Milton), 1 cow 46 10s; Canterbury Farmers’ Co-op. (Waimate), 1 heifer 411 17s 6d, 1 £8 10s, 2 47 17s 6d, 2 411; W. Lindsay, jun. (Allanton), 1 cow £ll 7s 6d, 1 £5 10s; W. Harvey (Momona), 1 cow £7 2s 6d.—■ —Dalgety and Co. sold: For T. Edwards (Tapanui), 1 heifer £l3 ss; R. Kirk (Mosgiel), 2 bullocks £l4 12s 6d; J. Kenton (Mosgiel), 2 415; W. Blackie (Mosgiel), 2 £l4; a client, 2 416 10s, 5 heifers to 413 ss, 4 steers to 410 7s 6d. -Wright, Stephenson, and Co. sold: For G. Nichol andl Sons (Allanton), 2 bullocks £l7 17s 6d, 3 416 17s 6d, 3 £ls 7s 6d, 2 413 ss; Walter Blackie (Mosgiel), 2 £l7 2s 6d; Mrs Wm. Kirk (Mosgiel), 2 £l7; T. Rutherford (Morton Mains), 3 £l6 15s, 3 £l6 ss, 2 £ls 10s; John Dove (East Taieri), 2 £l6 12s 6d; R. Howard (Waikaka), 2 £ls 15s 3 bullocks 414 10s, 2 414 7s 6d, 1 cow 47 ss; J. Dow, jun. (Outram), 1 heifer £ls, 1 £l2.——Stronaeh, Morris and Co. sold: For James Gow (Mosgiol), 2 bullocks £lB 2s 6d, 1 £l7 7s 6d, 1 414 2s 6d; J. A. Mathewson (Allanton), 2 bullocks 416, 3 £l3 17s 6d; Executors of the late Wm. Kirk (Mosgiel), 3 bullocks 415; Maxwell Bros. (Waikouaiti), 1 bullock £l3 ss, 6 £l2, 1 heifer £7; W. Lindsay, jun. (Allanton), 2 bullocks 411 15s; a client, 2 heifers £lO, 2 £9 15s; O’Connell and Hill (Middlemarch), 1 cow- £7 7s 6d; Troupe and Harbour (Portobello), 2 cows £8 2s 6d. -The Otago Farmers’ Co-operative Association sold: For Mrs W. Kirk (Mosgiel), 1 bullock £29; J. Dove (East Taieri), 2 bullocks £ls 17s 6d; George M’Lood (Momona), 3 bullocks £l4 10s, 2 £l3 10s, 2 £l2 10s; 1 heifer £l2 15s; W. Kirkland (East Taieri), 1 bullock £l4 ss, 2 heifers £l4, 2 £l3 10s, 2 bullocks

£ll 10s; 1). McLennan (Dunrobin), 1 heifer £l4 103; J. and C. Campbell (Dunrobin), 1 heifer £l3 12s 6d; J. C. Renton (Mosgiel), 3 bullocks £l3 12s 6d; J. Duncan (Mosgiel. 2 bullocks £l2 7s 6d; Finlay Bros. (Dunrobin), 1 heifer £l2 17s 6d, 1 £8 15s, 1 £8; E. Cameron (Middlemarch), 1 heifer £9 2a 6d, 4 bullocks £8 17s 6d, 2 heifers £7 10s; J Nicol (Waiwera South), 1 bullock £lO 12s 6d, 1 heifer £8 2s 6d, 1 £B. Store Cattle.—A large yarding was offered, which included several pens of good four-year-old bullocks. The balance of the yarding was of a mixed quality, and on an overage prices showed a reduction of 10s to 15’ per head on last week’s rates. The N^w Zealand Loan and Mercantile Agency Company sold: For T. R. Denniston \Oamaru), 1 bull £G. Todd Bros, sold: For T. Datz’el (Brockville), 1 cow £2 12s 6d, 1 vealer £2 2* . Richard Scott (Abbotsford), 1 steer £3 12s 6d; Wm. Lindsa3*, jun. (Allanton), 1 cow £8 10s, 1 £7 ss, 1 £8; Wm. Knox (Green Island Dush), 1 cow £4 7s 6d; a client, 3 cows £1 14s; John O’Dowd (Concord), 1 cow £5 19e; a client, 4 cows £1 16s, 4 £2 17s 6d, 1 sucker 40s, 1 475, 1 heifer £2 10s. Donald Reid and Co. sold: For Canterbury Farmers’ Co-op. (as agents), 2. vealers £2 10s; a northern client, 2 heifers £2 10s, 4 vealers £2 ss, 1 15s, 3 steers £4 2s 6d, 2 £6, 2 heifers £1 13s, 1 £2 ss; Thomas Maxwell, 2 cows 45 ss, 1 £1 18s; J. O’Connell (Mornington), 1 cow £4 12s 6d, 1 cow 46 15s; Jas. M'Muilan (Green Island), 2 cows 41 6s; a client, 2 cows 43 10s, 1 bull 45 7s 6d, 1 44; J. and W. Ford (Pme Hill), 1 cow 43 12s 6d, 4 45 7s, 2 43 7s 6d, 5 44 16s, 2 42 16s, 1 vealer 43 11s; Wm. Harvey (Momona), 1 bull 45 21s 6d; Henry Horn (Henley), 1 bull 43 ss; J. J. Walker (Qtokia), 1 bull 46 7s 6d; J. Brandham (Port Chalmers), 1 bull 47 7s 6d; J. and W. Ford (Pine Hill), 1 bull 46, 1 6d, I Hi 19s; Wm. Lindsay, Sen. (Allanton), 1 bull 47. Stronaeh, Morris, and) p°* sold: For W. M‘Hattie (Momona). 1 bull bull 45 os; Troupe and Harbour (Portobello), 1 cow £5 2s, 3 43 14s, 1 £2 10s, 1 41 16s, 1 calf 41 Us, 1 41 4s; C. Palmer (Middlemarch), 1 heifer 43; O'Connell and Hill (Middlemarch), 4 calves 41 13s; a client, 1 cow £2 10s. Wright, Stephenson, and Co. sold: For W. Goodwin (Kaiwera), 4 steers 48 7s 6d, 1 cow 47 ss, 1 45 7s 6d, 1 44 2s 6d, 1 bullock 42 7s 6d; Hamilton Bros. (Caversham), 1 cow 47 2s 6d“ a client, 1 47 2s 6d; R. Townsend (Waitapeka), 18 steers £7; D. Seaton (Portobello), 1 bull £5 2s 6d, 1 1 s; a - cllent > 14 steers 44 7s 6d, 10 43; J. A. Dickson (Portobello), 1 heifer 46 15s, 1 bull 44, 1 heifer £3 2s 6d, 1 cow £2 17s 6d, 1 steer 42 4s, 1 calf 41 10s; J. Dow, jun. (Outram), 1 steer 44 Is, 1 cow O? 6s; E' E - Hankinson, 1 bull 43 sa; J. Shand (Portobello), 1 bull 42 5s 6d; R. (Momona), 1 calf 43 2s 6d, 1 42 17s 6d, 1 £1 17s; Francis Joham (Momona), 2 42 19s’ 1 £1 4s. Dalgety and Co. sold: For clients^ 32 steers to £lO, heifers to 45 15s, 1 bull 43 10s.——The Otago Farmers’ Co-operative Association of New Zealand sold: For W. Kirkland; (East Taieri), 1 bullock 410, 2 48 ss; Findlay Bros. (Dunrobin), 2 heifers 45 17s, 1 46 2s 6d; E. Cameron (Middlemarch), 1 steer 45 6s; J. Nicol (Waiwera South), 1 heifer 45 2s 6d; George M'Leod (Momona), ? v U ! S n f 4 , 10s ’ J ’ -Macauley (Flag Swamp), 1 hull 44, 1 43 2s 6d, 1 calf 41 Us, 2 cow® 19s; W. Lee (Flag Swamp), 1 heifer 43 17s; T. Driver (Mihiwaka), 1 cow 43 11s; a client, 1 steer 42 17s 6d; W. Newman (Middlemarch), 3 calves £2; a client, 6 calves £1 Is. Dairy Cattle.—Wright, Stephenson, and Co. sold: For J. A. Dickson (Protobello), 1 415 17s 6d, 1 410; G. Stevenson (Mosgiel), 1 419, 1 45; Johnson Bros. (Momona) 2 411 ss; R. Turner (Whare Flat), 1 heifer 410 ——Todd Bros, sold: For T. Dalziel (BrockviJJe), 2 heifers 47 ss, 1 heifer £6 2s 6d. The Otago Farmers’ Co-operative Association sold: For T. Driver (Mihiwaka), 1 cow £l2 15s; W. Newman (Middlemarch), 1 heifer £8 2s 6d; W. Lee (Flag Swamp), 1 heifer 48; a client, 1 cow 46. Calves. —Stronaeh, Morris, and Co. sold: For Miss T. M'Lean (North Taieri), 2 calves 255; clients, 230 s. Todd Bros, sold: For a client, 1 15s, 1 10s, 1 11s; J. P. Jones (Brighton), 1 7s, 1 5s 6d. Wright, Stephenson, and Co. sold: For R. Sprott (Momona), 1 255, 1 15s, 1 13s, 1 Us, l 6s, 1 4s; G. Sickles (Green Island), 1 325, 1 12s• S. Wells (Caversham), 1 10s; a client, 2 Bs, 1 ss; Hamilton Bros. (Caversham), 1 6s.—— Donald Reid and Co. sold: For J. M'Aulay (Flag Swamp), 214 s 64. 6s; Jas. Gow (Mosgiel), 215 a, 6s; W. Richards (Mornington), 1 255; J. Maloney (Burkes), 230 s each; Mrs H. Guyton (Burkes), 1 20s; J. E. Jones (Brighton), 1 11s 6d; T. Sproule (Mosgiel), 1 9s; A. J. Ings (Tomahawk), 1 0s; W. Lindsay, jun. (Allanton), 1 4s 6d; M. Creft Milton), 215 s, 10s. The Otago Farmers’ Co-operative Association sold: For Jasper Clark (Lovell’s Flat), 1 355; W. Lee (Flag Swamp), 1 8s 6d; J. Macauley (Flag Swamp), 1 80s, 1 28s. Wright, Stephenson, and Co. sold: For A. Gillespie (Momona), 1 42 3s 6d • a client, 2 £1 Is, 5 41 16s. Fat Sheep.—There was a large yarding, numbering 2000 head, which consisted of only a small number of good-quality wethers. Good butchers’ sheep showed an advance of 2s per head as compared with last week’s sale, while wethers and ewes suitable for freezing showed a decline of Is per heed owing to buyers working on reduced limits. Prime wethers realised from 33s 6d to 375; medium, 30s to 335; light, 25s to 28s; prime ewes, to 31e 3d; medium, from 21s to 245. New Zealand Loan and Mercantile Agency Co. sold: For Owen Blackler (Timaru), 18 wethers 34s 9d, 13 34s 3d, 28 31s 9d, 1 pen 295; P. and J. Deegan (Oreti), 15 wethers 83s, 22 325, 10 31s 9d, 13 31s Sd; Jas. Drown (Drummond), 23 wethers 31s 6d, 14 28s 6d, 27 28s; Mrs F. M. Dow (Outram), 16 ewes 18s. Todd Bros, sold: For Gideon Smith (Sawyers’ Bay), 18 we there 375, 17 wethers 32s 6d.——Stronaeh, Morris, and 'Co. sold: For A. Scott (Burnside), 23 wethers 27s 6d, 10 27s 3d, 13 ewes 21s 9d. The National Mortgage and Agency Co. sold: For B. Tlirop (Moa Flat), 84 wethers to 27s 3d, 96 ewes to 235; Geo. Symonds (Clinton), 14 ewes to 28s; A. Bray (Waikouaiti), 14 wethers 25s 3d, 30 to 21s 3d, 3 ewes 21s 6d; a client, 18 ewes 20s. Wright, Stephenson, and Co. sold: For J. Wyllie (Pukerau), 24 wethers 37s 6d, 23 31s, 10 28a 6d; G. P. Johnston (Comely Bank), 17 ewes 80s, 5 wethers 275, 17 30s, 8 ewes 22s 3d, 8 sheep f!ls 9d, 5 wethers 225; H. Shand (Maungatua), pen wethers 22s 3d, 20 ewes 225, 9 17s 3d; T. D. Keenan (Maungatua), 17 ewes 225, pen wethers 22s 6d; John Coutts (Palmerston), 19 ewes 235, 22 18s 9d, 37 to 15s 9d. Dalgety and Co. sold: For R. F. Smail! and Son ("Craigowan”), 61 ewes and wethers at full market rates; a client, 66 wethers to 22s 6d; Hyde Bros. (Tarras), 2 trucks sheep at quotations. Donald Reid and Co. sold: For J. E. Watson and Co. (Invercargill), ns agents, 34 wethers 32s 9d, 33 82s 3d, 25 83s, 19 29s 9d, 9 28s; A. Scott and Son (Burnside), 6 wethers 82s, 12 28s, 11 ewes 265, 15 245; W. Robinson, sen. (Moneymore), 6 v'ethers 295, 8 ewes 21s; D. M. Reid (Milton), 24 ewes 20s; John Miller (Glenesk), 40 wethers 22s Bd, 49 245, 42 22s 8d; W. Marshall (Warepa), 21 sheep 275, 14 ewes 81s 9d, 15 20s 6d; "W. L. Matheson (Berwick), 9 ewes 16s, 25 15s, 16 15s, 14 wethers 235; J. Lcask

(Lauder), 9 ewes 18s 9d; J. G. Pearce (Waipiata), 29 wethers 245, 18 21s, 19 22s 3d. The Otago Farmers' Co-operative Association sold: For Duncan M'Lennan (Dunrobin;, pen ewes 345, 25 28s, 20 265, pen wet h c re 37s 6d, 6 32s 3d; M'Gregor Bros. (Waitahuna), pen ewes 37s 3d; a South Canterbury client, 40 wethers 32s 6d, 19 30s, 27 28s 9d, 29 25s 3d; J. P. Gardiner (Green Island), 14 wethers 28s 6d, 7 23s 9d; Mrs M. Harvey (Moneymore), 13 ewes 25s 9d, pen at quotations ; George M’Leod (Momona), 18 wethers 335, pen 27s 6d, 17 ewes 24s 3d, 20 21s 3d, 20 21s 3d; J. Cross (Otakou), pen wethers 32s 9d, pen ewes 265; J. M'Elrea (Milton), 25 Wethers 25s 3d, 25 23s Gd, 13 213 9d; Felix M'Carthy (Wedderburn), 31 wethers 25s 3d. 29 24s 6d, 10 26s 6d; R. Bruce (Milton), 10 wethers 25s 3d; John Wallace (Waitahuna), 1 truck ewes and wethers at. quotations; F. H. Crump (Waitahuna), pen owes and wethers 255; a southern client, 30 ewes 27s 9d, 19* 265, 52 pens at quotations, 26 wethers 21s 3d, pen 18s; H. Warren (Dunedin), pen ewes 18s; Jas. Bruce (Milton), pen welliers 25s 3d. Fat Lambs.—There was a large yarding, 1736 being penned, the bulk of which was made up of light and unfinished sorts. Freezing b#,-ci-s wore operating, and as they were working on reduced limits prices showed a reduction of 2s per head as compared with last week’s sale. Prime lambs, 28s to 31s 3d; medium, 24s to 275; others, from 18s.—New Zealand Loon and Mercantile Agency Co. sold: For Mrs F. M. Dow (Outram), 1 pen lambs 265. The National Mortgage and Agency Co. sold: For Geo. Symonds (Clinton), 44 25s 9d, 17 19s 3d; ' a client, 40 25s 6d, 10 20s; A. Bray (Waikouaiti), 24 17s. Donald Reid and Co. sold: For Mrs A. J. Sinnamon (Poolburn), 23 24s 9d, 36 249. 32 26s 9d, 54 18s, 5 31s 3d; W. Robinson, sen. (Moneymore), 7 263; John Leask (Lauder), 33 17s, 33 20® 6d; R. Brown (Lauder), 29 22s 6d, 34 17s, 17 265; A. Scott and Son (Burns-ide), 35 20s; A. Laughton (Brighton), 27 23s 6d; W. L. Matheson (Berwick), 20 2Gs Sd, 14 255, 25 255, 18 255. The Otago F aimers’ Co-operative Association sold: For J. Cross (Otakou), pen at 31s 3d, 28 2Gs 6d, 31 265, 55 19s, 17 at quotations; Jas. Black (Ida Valley), 35 26s 9d, 34 18s; Thos. Henderson (Mosgiel), 42 lambs 30s 3d, 41 2Ss 3d,- 18 275, 30 27s 6d, 31 26s 6d, 42 25s 6d, 41 275, 33 235, 8 29s 9d, 34 26s 9d; M'Gregor Bros. (Waitahuna), 1 trujk to 28s; Thos. Ross (Middlemarch), 109 at quotations; a South Canterbury client, 28 20a 3d, 15 255, 25 22s 9d. Wright, Stephenson, and Co. sold: For H. Shand (Maungatua), 18 17s, 8 16s 3d.- Dalgety and Co. sold: For E. Clouston (Omakau), 220 to 30s 6d. Stronach, Morris, and Co. sold: For a southern client, 36 275, 31 25s 9d, 9 22s 3d; J. P. Gardiner (Green Island), 7 21s 3d; H. J. White (Merton), 17 20s 9d, 12 17e; A. Scott (Burnside), 3 pens 21s to 235. Pigs.—There was a small yarding of mixed sorts. There was good competition, and prices advanced fully las per head as compared with last week's rates. New Zealand Loan and Mercantile Agency Co. sold: For Mrs F. M. Dow (Outram), 2 45 15s, 2 £4 12s. Todd Bros, sold: For James Booth (Leith Valley), 3 pigs £4 4s, 2 £4 ss; John Cadzow (Anderson’s Bay), 1 47 2s.— —Donald Reid and Co. sold: For G. Middleditch (Sawyers’ Bay), 1 pig 46 2s; A. Higgle (Kuri Bush), 2 pigs 43 2s; Ford Bros. (Pine Hill), 1 38s, 1 335, 223 s Gd; Thos. Leitch (Kuri Bush), 1 31s, 1 255, 3 18s; John Marshall (Woodside), 3 29s 6d; W. Harvey (Momona), 3 18s, 3 15s; M. Kreft (Milton), 6 41 Is 6d, 3 19s 6d; John Robinson (Milton), 3 £l. Stronaeh, Morris, and Co. sold: For H. White, (Seocliff), 2 £5 19s, 3 £5 18s; Troupe and Harbour (Portobello), 2 £5 15s, 2 45. Wright, Stephenson, and Co. sold: For W. Irvine (Green Island), 1 46 Cs; J. A. Johnstone (Halfway Bush). 1 46 4.5, 2 £5 14s.—The Otago Farmers’ Co-operative Association sold: For J. A. Kirkland (Middlemarch), 4 46; Jas. Orlowski (Middlemarch), 2 £4; W. L. Sprott (Pine Hill), 3 17s. ADDINGTON MARKETS. CHRISTCHURCH, February 23. At the Addington market beef, mutton, and lamb were all easier to-day. In all sections there were heavy yardings. Store Sheep.—An exceptionally heavy yarding. The market opened with a distinctly weaker tone, but livened up a little as the sale progressed, although prices for lambs were lower in sympathy with the fat lamb market. Quotations: —Good forward lambs, 19s to 23s 9d; fairly forward lambs, 17s to 18s 9d; medium lambs, 16a to 16s 9d; inferior and small lambs, 10s to 14s 9d; cull lambs, 6s to 9s 6d; good four and six-tooth ewes, 20s 9d to 24s sd); four, six, and eight-tooth ewes, 15s to 19s; good two-tooth ewes, 21s 6d to 22s 6d; ordinary two-to-oth ewes, 17s 3d to 18s 6d; good two, four, six, and eight-toolh owes, 25s 3d; fairly good fresh full-mouthed ewes, 16s to 18s 6d; forward four and sixtooth wethers, 22s Gd to 25s 7d; forward two-tooth wethers, 21s to 235; ordinary two and four-tooth wethers, 16e 6d to 19s. Fat Lambs.—About 5000 were forward, compared with 8500 last week. The freezing people bought freely. Prices again declined about Is per head. Quotations: —Extra prime, up to 32s 3d; prime, 27s 9d to 30s 6d ; medium, 24s 9d to 27s 3d; light and unfinished, 20s 6d to 24s 3d. Fat Sheep.—About nine races were forward. the same number as last week. The quality was scarcely up to the average, a large number of very plain ewes being forward. From the outset prices were considerably lower than recent sales, and freezing buyers were disposed to operate at only bedrock prices. Generally prices were 3s below last week’s figures, when a substantial decline was also experienced. Extra prime wethers, 32s 3d to 33s 4d; prime wethers, 28s 9cß to 31s Sd; medium wethers, 26s 6d to 28s 3d; light and unfinished wethers, 22s 9d to 2(is 3d; prime ewes, 26s to 29s lOd; medium ewes, 19s 9d to 25s 6d; light and unfinished ewes, 12s 6d to 19s 3d. Fat Cattle. —A yarding of 380, compared’ with 320 last week. Prices showed an easing as against late rates, due probably to oversupply and the unsatisfactory state of the hide market. Extra prime steers, up to £24; prime steers, £l9 to 422 10s; medium steers, 414 10s to £lB 16s; fight and unfinished steers, £8 to 414 os; prime heifers, £l2 16s to 413 10s; ordinary heifers, 47 10s to 412 10s; prime cows, 411 15s to 413 10s ; medium cows, 48 5s to 411; light and unfinished cows, £6 10s to 48. Vealers. —Runners, up to 48 12s 6d; medium calves, 42 15s to £3 ss; small and inferior, 12s 6d to 42 ss. Store Cattle.—Two-and-a-half to three-year-old medium bullocks, 45 10s; yearling steers, 43 7a to 44 10s; medium cows, 42 15s to 44 10s; good cows, 44 10s to 46 ss. Dairy Cattle. —Good cows, £l4 to £24; good heifers, £l2 to 413 10s; small and inferior, £5 to 410; old and infer or cows, £4 upwards. Fat Pigs.—Choppers, 4G to £8 10s; light baconers, £6 to £5 10s; heavy baconers, 45 15s to 46 6s; extra heavy baconers, 46 10s to 47 (average price per lb, 8d to 8 pi); light porkers, 43 15s to £4 6s; heavy porkers, £4 10s to £4 15s (average price per lb, 10jd to lid). ~ Store Pigs.—Good, 43 to £3 9a; medium, £2 10s to £2 18s; small, 42 Is to £2 9*; weanors, 18s to 30s (for good quality).

SOUTHLAND MARKETS. (Feom Oub Own Correspondents.) IN V ERCARGILL, February 26. During the past week sales held m the country centres, also at Wallacetown, have been well attended with buyers, and fairly good entries have come forward. In all classes of store stock prices appear to be on the decline, excepting really good rape lambs. These are selling fairly better than they have been for some time. All classes of store cattle are very hard to dispose of, prices being lower than we have experienced for a number of months. Fat stock, both sheep and cattle, are pretty well down to freezing prices at our local market, ox beef being about 40s, and wether mutton no more than freezing value. The following prices may be quoted: Store Sheep.—Extra good rape lambs, 20s to 21s 6d; average lambs, -16 s to 18e; inferior, 10s down to 6s; two-tooth wethers, 14s to 17s; four and six-tooth wethers, 18s to 20s 6d; two and four-tooth ewes, 18s to 10s 6d; six and eight-tooth ewes. 15s to 16s; full and failing-mouthed ewes, 2s 6d up to 12s 6d, according to condition. Fat Sheep.—Extra prime wethers, 26s to 28s 6d; prime, 22s 6d to 24s 6d; unfinished, down to 21s; extra prime ewes, 17s to 193; prime, 14s to 15s 6d; unfinished, down to 10s. Store Cattle. —Eighteen-month-olcl steers, £2 to £2 15s; two and 2J-year-old steers, £3 10s to £5 10s; empty cows, £3 to £6, according to condition; dairy cows, extra good sorts, £ls to £l6; average, £lO to £l2; inferior, down to about £5. Fat Cattle.—Extra prime bullocks, £l6 to £l7 10s; prime, £l3 to £l4 10s; unfinished, down to £ll. Extra prim? cows, £6 10s to £8 10s; unfinished, down to £4; extra prime heifers, £9 to £11; prime, £7 to £8; unfinished, down to £5 10s. OAMART7 MARKETS. (Feom Ocr Own Coehkspondknt.J OAMARU, February 26. The stock market has gone from bad to worse. In sheep .the only business passing has been in fat lambs, and for these the prices have declined a shade, BJd per lb on the hooks being now the ruling rate. There has been nothing doing in other descriptions, though there is some demand for lambs in forward condition, suitable for finishing on rape. As to stores, there is no demand. At this week’s sale there was an exceptionally large yarding, mostly sent forward from the south, but these were all passed. That fact cannot, however, be. accepted as determining the possibilities of the market, for farmers, who are generally busy with the harvest, were represented at the sale. At the sale, too, a nice line of two-tooth breeding ewes changed hands at 21s Id, but that again cannot he accepted as a sure guide to values. When the harvest is over there is likely to be a demand for breeding ewes, and as these will probably not be readily obtained prices may harden somewhat. There has been absolutely nothing doing in cattle. THE FRUIT AND PRODUCE WORLD. Reilly’s Central Produce Mart Teports: Exceptionally keen demand for all lines of choice dessert fruits. High prices are obtainable. Large consignments of grapes through from Canterbury and North Otago; prices range from Is 8d to Is lOd. Plums are particularly wanted, very high prices are obtainable. Poultry: Exceedingly keen demand for all choice lines of cockerels, ducklings, and pullets. We hold order for 500 good pullets at high prices. Eggs: in full supply, sales slow. We had to accept from 2s per dozen to affect a clearance. Flowers: Irregular demand; sweet peas ana dahlias, to Is 6d dozen. Tomatoes—Locals, 7d to lOd; O.C. and Christchurch, 3d to 6d; Nelson, market bare. Grapes, Is 8d to 2s. Peas, 2Jcl to 3Jd. Potatoes: Canterbury, to 9s cwt; locals, to 2d. French beans, to 4d. Apricots: Desserts, to 9Jd; cooking, to 6d. Peaches: Desserts, to Bid; cooking, to s’d. Nectarines: Desserts, to ; cooking, to bu. Greengages, to 6Jd. Plums: Desserts, to 6}d; cooking, to 4d. Pears: W.B.C. agici Clappe Favourite, 4s to 5s half-case. Annies: Worcester Pearmain, to 10s 6d; Cox’s Orange, to 14s; Ribstone, 10s 6d; Pearmains, 9s 6d; cookers, 5s to 7s 6d. lemons: Choice American, to 455. Bananas: Prime, 255. Pines, 15s to 17s 6d. Passions, 10s to 17s. Peanuts, 6id to Bd. Garlic, 6d to BJd. Eschallots, 21 d to 3d. Carrots. 9s to 14s. Vegetable marrows, to 14s sack. Cauliflowers, to 6s. Cabbage, to 3s 6d dozen. Cucumbers, to 10s 6d dozen for hothouse; outside-grown, 4s 6d to 6s 6d half-case. Table carrots, to 4s. Swede turnips, to 5s cental bags. Onions: Christchurch, to 10s 6d cwt. Bacon pigs, to 9d. Beeswax, 2s lb. Honey: Sections, 8s to 13s; damaged, 6s to 8s dozen; bulk, 8d to SJd. Eggs: Stamped, to 2s. Butter, Is lOd to Is lid. Tea: Choice, 3s 3d per lb, in 101 b tins. Oaimeal, S2s per cwt. Pollard, 11s lOd per 1001 b bag; 14s lOd per 12olb hag. Oats, 3s 3d, 3s 6d. Bran, 9s lOd per bag. Oystershell grit, 9s. Oatsheaf chaff: Best, to £7 10s, ex store. Oatstraw chaff, to £7. C.M.W. spray pumps, 32s 6d. “Mysto” knapsack sprayers, £5. Nicotox, 2s 9d. M -mugall's fruit tree wash, 7s 6d gallon. Black leaf “49” : 101 b tins, 833 Cd; 21b tins, 18s 9d • ilb tins, 5s 9d. Katakilla, 3s per bag of about 241 b. Eat, 34s* cwt. Poultry: Hens realised 4s 6d to 13s 6d, pullets realised 8s to 13s 6d, cockerels realised 4s to 8s 6d, ducks realised Ss 6d to 10s 6d, chickens realised Is 6d to 3s 6d—all at per pair. E. OSWALD REILLY, Managing Director, Moray place, Dunedin. AMERICAN TRADE CONDITIONS. LARGE NUMBER OF BANKRUPTCIES. SUBSTANTIAL EXPORT BALANCE. Messrs John Dunn, Son, and Co., New York, supply the following interesting information in their monthly report, under date January 6: The value of commercial failures in America during tho month of December was greater than that of any other month for many years, being no less than 59,000,000 dollars of liabilities, compared with only 31,000,000 dollars for the month previous and 8,000,000 dollars for December, 1919. The world-wide collapse of prices for commodities is, of course, the underlying cause. This has apparently about run its course in regard to such basic commodities as wool, cotton, copper, grain, silk, leather, and rubber. In addition to the large number of actual failures, it is no secret that many important manufacturing concerns are now in tho handi3 of their bankers and will he carried through the crisis and eventually either reorganised or liquidated as conditions may dictate. Host of these companies have commodities of one sort or another to dispose of, and are also heavy buyers of raw materials of which they are unable to accept delivery, and as the same state of affairs exists in all parts of the world, commerce must be much restricted for some months to come, until an adjustment can be reached in these matters. Unemployment and smaller earnings are gTeatly reducing the consuming power of the public, and the farming classes in particular

must curtail their purchases. Mills and factories, following the usual custom, have very generally been closed for the holidays for repairs and inventories, and this closing period has in most oases been prolonged in order to reduce production. Since the first of the year many have resumed operations on ua-rt time, and in numerous instances wages have been reduced. The textile mills, both woollen and cotton, have quite generally cut wages 224 per cent., while other lines of industry have made reductions of from 10 to 30 per cent. The change that has come about during the past year in business conditions throughout the world is indeed remarkable and has brought misfortune to many, yet it is recognised that something of the sort was necessary to bring about a return to sounder and more normal times. Basic conditions in this country are good: stocks of merchandise are not large, crops are abundant, gold is flowing in, savings banks are bursting with deposits, an enormous amount of building and reconstruction work is to he done and only _awaits lower costs; the working classes are rapidly awakening to the fact that wages and tho amount of work accomplished must bear some relation to each other, and speculation of the grosser sort is pretty well eliminated. The following are the foreign trade statis-

BANK KATES INCREASED. WELLINGTON, February 23. An advance in the bank rates is announced as follows, taking effect on March I:—Overdrafts, minimum rate, 7 per cerrt.; discounts, 64. SOUTH BRITISH INSURANCE COMPANY. AUCKLAND, February 23. The South British Insurance Company's shareholders sanctioned the declaration of a bonus of 5s a share, payable on March 15, the effect being to capitalise a quarter of a million from revenue and reduce the liability on a share to 5s on which there has been 15s paid up. It was agreed to increase the directors’ remuneration from £2900 to £4OOO. LONDON WOOL MARKET. Murray, Roberts, and Co. have received the following wool market cablegram from London, dated 25th inst:—“Market weak and irregular, poor demand; market has fallen 10 to 15 per cent., crossbreds showing the greatest dtecline.” CUSTOMS DUTY. The net Customs duty collected at the port of Dunedin for the month ended yesterday was £63,981 6s 3d, and the beer duty £7543 Is Bd. The figures for the corresponding month last year were : —Net Customs, £41,834 5s 3d; beer duty, £9376 5s lid. GRAIN AND PRODUCE REPORTS. Donald] Reid and Co. report: —We held our usual sale of grain and produce, when prices ruled as under: Oat3.—The market on the spot is firm, poultry men and feeders being the principal buyers. Stocks on hand are short. Good milling Gartons, 2s 6d to 2s 7d; good to best feed, 2s 3d to 2s 4d; Sparrowbills, 2s 9dJ. Wheat.—A few samples of new season’s wheat have arrived, and millers are short of supplies. Potatoes.—Best Taieri tables, £6. Chaff. —Supplies are just about equal to meet the demand. Prime chaff, £6 ss; good to best feed, £5 15s to £6; medium, light and discoloured, £4 10s to £5. Dalgety and Co. report as follows: Oats.—The market remains quiet, the only business passing being in A* Gartons for feed purposes, these selling as high as 2s 7d for immediate delivery. Prime milling, 2s 6d to 2s 7d ; good to best feed, 2s to 2s 3d ; Sparrowbills, to 2s 9d per bushel, sacks extra. Wheat.—Samples of the new season's cron are beginning to appear, and anything offering is eagerly accepted by millers. Chaff.—Very few arrivals and. a correspondingly slack demand have resulted in unchanged values, with only prime lines in any demand. Prime oaten sheaf, to £6 ss; good to best feed, £5 15s to £6; light and inferior, from £3 10s per ton, sacks extra. INVESTMENT STOCKS. February 26. National Bank of N.Z.—Buy. £5 12s "6d. Bank of N.Z. (20s paid)—Sel 475. Union Bank—Buy. £ll 18s, sel. £l2 3s Gd. National Insurance Co.—Buy. 57s 6d, sel 60s Gd. N.Z. Insurance Co.—Sel. 265. South British Insurance—Buy. 32s 3d sel. 33s Cd. Standard Insurance Co.—Sel. 47s 6d. P. and O. (def.) —Buy. £3OO. sel. £3OB. Westport Coal Co.—Buy. 27s 6d, sel. 27s 9d. HucMart, Parker (ord.) —Buy. 40s gd eel' 43s 3d. Westport-Stcckton (ord.) —Sel. Cs 9d. Brown, Ewing (ord.) —Buy. 20s. D.I.C. (pref.)—Buy. 19s 9d, sel. 20s Goldsbrough, Mart—Buy. 25s 6d, sel. 26s 6d. National Mortgage—Sel. 85s. N.Z. Loan and Mercantile—Sel. £BB. Wright, Stephenson (ord.)—Sel. 39-s 6d. Wright, Stephenson (pref.)—Sel. 18s 3d." Dominion Rubber —Sel. 245. Dunedin Stock Exchange—Sel. 47s 6d. South Otago Freezing—Sel. £5. Bruce Woollen Co.—Buy. 395, sel. 42s 3d. M'Leod Bros.’ Soap.—Buy. £l4 17s. N.Z. Drug Co. (£2 paid)—Sel. 61s. N.Z. Paper Mills—Buy. 28s Gd. N.Z. Hardware (ord.) —Buy. 14s Gd, sel. 16s. Wilson’s Portland Cement—. Sol. 17s. Milburn Lime and Cement—Sel. 31s. Trustees, Executors—Sel. 525. Howard, Smith —Buy. 37s 6d. Debentures. N.Z. Government War Bonds (44 per cent ) 1930—Sel. £9l. ’ “ N.Z. Government V ar Bonds (44 per cent ) 193.3—5e1. £B7. N.Z. Government War Bonds (44 per cent) 1939—5e1. £B7 10s. N.Z. Government Inscribed Stock (41 per cent)—Sel. £B7. Soldiers’ Bonds—Buy. £B9 10s, sel. £9O. The vagaries of wheat yields this season on the same farm is well illustrated by a case reported from Springfield (states the Timaru Post). One paddock of Tuscan just thrashed averaged 60 bushels to thu acre, but the remainder of the wheat is not expected by the grower to return more than 20 bushels to the acre. This latter is spring sown wheat, and suffered badly from the heavy September rains, and later by the long dry spell,

tics : — a ® a m •Sal a 22 8 oo ,2 *4-4 r-l 'O s>! gr-rg & " o S « *$3 3,Ss s ag Exports 7507 7239 5583 Imports 5013 3523 2c~o Export balance 2494 3716 2763