COMMERCIAL.

Otago Witness, Issue 3509, 14 June 1921, Page 24

COMMERCIAL.

WEEKLY MARKET REPORTS Burnside, Wednesday, June 8. Fat Cattle. —There was a rather larger yarding than last week, 188 being penned. A fair proportion were good finished cattle, the balance good to medium. Prices at opening were on a par with last week, but as the eja-ie progressed became somewhat easier. Extra prime heavy-weight bullocks brought up to £2l 10s; prime, to £l7 10s; medium, to £l2; others, from £?_ upwards; best cows and heifers, £l4 10s; medium, from £lO to £l2; others, from £7 upwards. Todd Bros. sold; For W. Lindsay, jun. (Allanton), 1 cow £8 ss; B. Holden (Brockville), 1 cow £5 2s 6d. —Dalgety and Co. sold: For T. Parker (Stirling), 2 bullocks £ls 15s, 3 £ll 17s 6d, 2 heifers £lO 12s 6d: W. Blackie (Mosgiel), 2 bullocks £l2 12s -tkl; K. Kirk (Mosgiel), 2 bullocks £ll 5s ; a client, 2 bullocks £l2 ss, 1 £lO 10s; Hyde Bros. (Tarras), 1 bullock £ls 12s 6d. The National Mortgage and Agency Company sold: For James Moe (Becks), 1 bullock £l7 7s 6d, 2 cows £7 17s 6d, 3 £6, 2 heifers £6 ss, 1 £5; Vm. Marshall (Henley), 2 bullocks £l4 2s 6d, 3 £l2 os. 2 £ll 15s, 3 £ll ss. The Otago Farmers’ Co-operative Association sold: For J. C. Benton (Mosgiel), 1 £l7 10s, 1 £l4 10s; Thomson and Co (Taieri), 3 bullocks £ls 7s 6d • J. Dove (East Taieri), 2 £l3 10s; John Kirk (Mosgiel), *1 £l6 ss; M. Maley (Clarksville), 2 £l2 15s, 2 heifers £lO, 1 £9 17s lid; a client, 2 bullocks £ll 2s 6d. 1 £8 17s 6d, 2 heifers £6 15s. Wright, Stephenson, and Co., sold: For J. G. Wyllie (Outram), 3 bullocks £ls 7s 6cl, 3 £l4 10s, 2 £l3 17s 6d ; Thomson and Co. (Wairongoa), 3 £ls ss; W. Lindsay, sen. (Allanton), 2 £l4 17s 6cl; W. Lindsay, jun. (Allanton), 1 heifer £l3 2s Gd. 1 £ll 10s; Walter Blackie (Mosgiel), 2 bullocks £l2 7s Gd; John Dove (East Taieri), 2 £l2 2s 6d; K. Petrio (Berwick), 1 £9 17a Gd, 2 £6 17s Gd; James Bathgate (Outram), 1 heifer £B, 1 £5; a client, 3 bullocks £5 2a

6d, 2 £1 15s. Donald Reid and Co. sold: ( For Trustees of the late D. M. Feu (Taha- f kopa), 3 bullocks £lO 2s 6d, 6 £8; Arthur Robertson (Outram), 1 bullock £ls 10s, 1 , £l3 ss, 2 £l4 7s Gd, 2 £9 17s 6d, 2 £S 12s bd: William Lindsay, jun. (Allanton), 1 j bullock £l3 ss, 3 heifers £7 12s Gd to £l2 ss; James Renton (Mosgiel), 2 bullocks £l9 12s Gd; W. Blackie, sen. 2 bul- j locks £l3 12s Gd; Thomson and C-o. (Wairongoa), 3 bullocks £l7 15s; Hunter Bros, and Rice (Wvndham). 1 bullock £l9, 1 £l4 17s 6d, 3 £l7 15s, 2 £l4 15s, 1 £ls 12s Gd; V- illiam Lindsay, sen. (Allanton), 2 bullocks £l7, 2 £l6 2s 6d, 2 £l3 12s Gd, 1 £ls, 1 £l3 ss, 2 £l4, 1 £ll ss; Geo. Graham (Berwick), 10 bullocks £6 10s to £9 17s Gd. The New Zealand Loan and Mercantile Agency Company sold: For Kain Bros. (Stirling), 4 bullocks £lB 10s, 4 £l6 10s; R. B. Hamilton (Ilenley), 2 bullocks £l6, 3 £l3 15s, 3 £l2 ss; | James Renton (Mosgiel), 2 bullocks £l6 2s ■ Cd; George Grey (Clarendon), 2 bullocks £ls 7s Gd, 2 £l3 7s 6d, 2 £lB 15s, 1 lieifer £l2 12s Gd; John Dove (East Taieri), 2 bullocks £l3 7s 6d, 1 £l2; a client, 3 steers £7 2s 6d. £l3 7s 6d y 1 £l2; a client, 3 steers £7 2s Gd. .. ~~ Stronach, Morris, and Co. sold: For 1 I hemson and Co. (Wairongoa), 3 bullocks £ls 7s Gd; Executors of the late William Kirk (Mosgiel), 2 bullocks £ls os; J. C. Renton (Mosgiel), 2 bullocks £l3 15s; E. L. Twe If tree (Lerwick), 2 bullocks £lO 15s; Executors of the iate R. Marshall (Omimi), 2 heifers £lO 10s, 4 £lO 7s 6d, 2 £3 12s 6d, 4 bullocks £8 7s 6d, 2 heifers £7 ss, 3 bullocks £6 ss, 2 £5 17s 6d, 1 £6 lo?; W. Lindsay, jun (Allanton), 1 bullock £7 10s. Store Cattle.—A small yarding, which, how- I ever, proved more than enough to fill re-quirements.-—Todd Bros, sold: For Ales- ’ ante Bros., 1 cow 80s, 1 40s, 1 335; clients, I£s Its, I£i 10s. -Dalgety and Co. sold : For clients, 18 . cows to £5 2s 6d. Tho Otago Farmers’ Co-operative Association sold: For J. Kinney (Hyde), 1 cow £2 11s; i cl lent, S heifers £2 7s, 7 calves 30s; A. Man son (Tomahawk), 3 calves 21s. The National Mortgage and Agency Company : soid: For James Mee (Becks), 4 steers £4 /rr i 1 cow I£2 7s Gd; B. Thorburn (Herbert), 15 yearlings 265, 1 cow £lO 12s 6d, 1 £B, 1 £4.- Wright, Stephenson, and Co. Eold: For a client, 2 cows £6 15s, 1 £2 11s, J. Johnson. (North-East Harbour), 1 cow and calf £4 ss; J. Macau icy (Goodwood), 1 °° w , £ U 7s 6 <L I£l ss; S. C. Martin (Ander®°"s Bay), 1 cow £5 ss, I£3 12s Gd; E. Y. 1 “ ke " (Sandymount), 1 £1 17s Gd, 1 vealer 1 33s Gd; K. Mathieson (Tomahawk), 1 bull ,? 2 °° w l 3s - Donald Reid and Co. sold: For P. Brennan (Upper Junction), 1 cow £3 10s; R. Dalziel (Brockville), 1 cow £2 3s; J. Gardiner (Green Island), 1 cow £4 10s; J. O’Connell (Momington), 1 oow £2 10s; a client, 3 cows £1 18s, 2 £2 16s 2 £3 16s, 1 £5 12s 6d, 1 vealer £2 Bs, 2 £1 Its 6dl, 1 calf £1 Us, 1 bull £2 15s. Dairy Cattle.—Todd Bros, sold: For B. Holden (Brockville), 1 £ls ss, 1 £ll ss; : 1 noma's Miller, 1 at quotation; D. Stewart, 1 at quotation. John Hodgson, 1 at quota*i on - Donald Beid and Co. sold: For P. I Brennan (Upper Junction), 1 i £Q Wright Stephenpon, and Co. sold: For a client, 1 £ll ss; J. Johnson (North-East Harbour) 1 £i o 2s fid; E. Y. Aitken (Sandymount l£B 10s. Stronach, Morris, and’ C<>. sold: lor H. Foote (Pura-kanui), 1 £l4; t clients, 1 £9 17s fid 1 £7 15s, 1 £4 ss. j Calves.—Todd Bros, sold: For J. J. Nyhon, | 1 W' rl «hL Stephenson, and Co. sold: tor V. Barton (St. Clair), 1 28s; W. S. Vilson (Mornmgton), 1 17s, 1 9s. Donald Trtm a ? <l na Co ' Sold: For E - Larkin (Pine Hill), 1. 28s, 1 235, 1 21s. The Otago farmers Co-operative Association sold: For i ' rt -ka-rsdell (Anderson’s Bay) 1 9s • A. J . Spencer (Anderson’s Bav), l’ 6s 6d • a client, 1 10s, 1 8s Gd, 1 7s Gd, 1 7s 2 5s -- Stronach, Morris, and Co. sold: For Mrs J. Srnelhe (Mosgiel), 1 16s Gdi.

Fat Sheep.—Another fair yarding of 2555 was penned. All lots were keenly competed for at recent rates, especially good heavy finished sheep. Towards the end of the sale light wethers and owes suffered somewhat, buyers evidently having their wants fully supplied. Extra prime wethers brought to 31s; prime wethers, 22s 9d to 265; medium wethers, 17s Gd to 21s; extra prime ewes to 255; prime ewes, 22s to 245; medium ewes, 18s to 19s Gd; light ewes, from 12s 6d upwards. Todd Bros, sold: For B. Jones 10 wethers 21s Gd, 27 22s 9d. Dalgety and G( U sold: For M. M'Aulay (Tapanui), CO wethers 265; A. Cameron (Fassifern), 26 sheep at quotations; J. N. Lawson (Pukerangi) wethers 20s f>d, ewes to 18s; a client 72 ewes to 14s Gd, W. Norman (Hindonh 62 ewes 12s 3d; A. Bmnie (Galloway), 80 ewes at quotations. New Zealand Loan and Mercantile Agency Co. sold: For Wm. Clark (Kelso), 15 wethers 26s Gd, 14 245; ~\\ r m Bryant (OtokiaV, 13 wethers 22s Gd, 11 22s;’ J. A. Strain (Milburn), 17 wethers 19s 3d, 10 ewes at quotations; Robert Wilson (Milton), 17 ewes 17s 3d; J. and I). Clark (Moneymore, Milton), 29 ewes at quotations, pen wethers 17s. The Otago Farmers’ Co-opera-tive Association sold: For Robert Wilson (Riverside), 12 wethers 27s Gd, 9 21s 9d, 24 20s 3d, 15 19s Gd, 7 14s 9d, 12 ewes 12s Gd, 46 11s Gd; J. R. Spratt (Sutton), 28 ewes 235, 13 19s; W. end J. Cameron (Waitahuna), 8 wethers 24s 9d, 19 ewes 18s; Allan Cambridge (Goodwood), 28 wethers 21s, 20 19s, 17 16s 9d; John Byars (Waikaka), 24 ewes 21s, 22 19s 3d, 10 16s 9d; Wm. Glenn (Ranfurly), 18 wethers 20s 3d, 15 ewes 17s 9d ; Anderson Bros. (Middlemarch), 30 wethers 225, pen 17s 9d; M’Clintock Bros. (Rock and Pillar), 2 pens ewes at quotations; George Clark (Moonlight), 13 wethers 22.5, 38 19s 9d 11 17s 9d; Mrs C. Mulholland (Gimmerburn)’ 21 ewes 14s 3d, 25 13s; R. Mitchell (Outram), 18 ewe 3 13s 9d; W. J. Paul (Heriot), 11 wethers 18s 3d, 23 ewes 13s Gd, 18 12s Gd ; a South Canterbury client, 32 wethers 17s 9d 36 17s. The National Mortgage and Agency Co. sold: For Walter T. Matliewson (Kokonga), 4 wethers 31s; Pat Rabbitt (Clinton), 25 wethers 265, 13 23s Gd, 12 ewes 21s 6d; John Harris (Heriot), 20 wethers 255, 25 ewes 20s, 15 18s Gd; Alex. Black (Heriot). 2 wethers 19s 9d, 23 ewes 17s 3d, 13 14s 3d, 21 14s Gd; John Sheeliy (Puketi), 21 wethers 14s, 32 ewes 14s, 50 13s; William Colling (Cambrian), 3 ewes 15s 3d, 11 wethers 13s, 18 ewes 9s Gd; Mrs Bishop (Milton). 33 ewes 13s Gd, 33 11s 3d; Wm. Dodd (Moonlight), 36 ewes 13s 9d, 24 12s 9d; J. P. Gardiner (Green Island), 3 ewes 11s 9d. Wright, Stephenson, and Co. sold: For David Andrew (Mosgiel), 32 wethers 28s Gd, 19 2Gs Gd. pen ewes 245; John Loch head (Kaitangata), 23 wethers 26s 3d, 7 25s 9d, 21 ewes 20s 9d; D. Caldwell (Edendale), 5G wethers 265; G. N'ichol and Sons (Allanton), 29 wethers 24s 3d' 23 22s 9d, 10 20s 3d; A. Ferguson (Kelso)' 18 ewes 2is, 11 18s Gd; Gordon Mitchell (Clydevale), 16 wethers 18s 9d; Hiddleston (Edendale), pen ewes 18®, 25 17s 3d, 17 15s 3d, 16 13s 9d; Wm. Ay son (Waikaka), 21 ewes 16s Gd, 22 13s 9d, 13 16s (id. Donald Reid and Co. sold: For J. G. Winsloa (North Chatton), 29 wethers 25®, 32 21s Gd, 32 20s Gd, 22 19s; Andrew M’lntosh (Otekura), 15 ewes 255, 21 20s Ski ; Mrs A. M’Cullocli (Glenavy), 14 wethers 15s, 19 ewes 13s, 12 12s, 15 wethers 17s 9d, 19 17 s, 15 15s, 12 ewes 17® 9d, 26 wethers 21s; Jas. Wisely (Milburn), 26 wethers 21s; Pyne, Gould, Guinness (Waimatc, as agents), 11 we 1 hors 25s 3d, 33 20s Gd, 25 18s 9d, 20 18s Gd, 25 19s 3d; John Stainger (Clarendon), 9 owes 15s, 30 10- 9d, 18 6s 6d ; A. Cambridge (Goodwood), 1 wethers

25s 3d, 3 19s, 25 21s, 22 18s 9d; A T. Stewart, 7 wethers 25s Gd. 13 ISs 3d. Stronach, Morris, and Co. sold: For Tiros: Sheppard. (Wailehuna), 11 wctliers 21s Gd, 14* 18s; Mathias and Son (Waipiaufi, 15 wethers 21s 3d, 21 21s Gd; Alex. Bathgate (Crookston), ’P. IT',! L' rs 21s, 7 owes 19s Gu; F. R. Tucker (Middlemarch), pen ewes 17s. lat Lambs. —261.3 were penned. There was a full yarding, which met with keen competition, breezing buyers were operating stiongly, and as butchers were also in evidence a brisk sale resulted at full recent market rales. Extra prime lambs brought 2Gs 9d to 28s; prime, to 22s 9d; medium, 14s Cd. Todd Bros, sold: For J. W. Perriam (Dunrobin), 4t> 24s Gd. 28 22s 9d ; Smith Bros. (Iloriot), 41 24s 9d, 29 21s; Jane Bros. (Mon Flat), 27 21s 3d, 23 21s Gd, 19 18s 9d; Alex. Douglas (Taieri), 26 19s 9d, 3 19s 3d. . Dalgety and Co. sold - For J. Craig;© (M'Nab), 30 25s 3d, 25 255, 10 ‘23s Gd; C. Hudson (Crookston), 73 to 19s 3d; a client, 40 23s 3d; E. C’louston (Omakau), 145 to 19s 91; J. N. Lawson (Pukerangi), 70 17s 9d ; W. Norman (Hindoo), 76 at market rates; a client, 41 19s Gd. The Otago Farmers' Cooperative Association sold: For a client, 40 24s Gd; Anderson Brc3. (Middlemarch), 32 2s Gd; Wm. Hall, jun. (Patearoa), 30 22s 3d, 44 225; M'Clintock Bros. (Rock and

Pillar), IS 15s 9 1; John R. Spratt (Sutton), 21 22s 9d ; Wm. Glenn (Ranfurlv), 40 22s 9d; A. Millar (Ranfurly), 50 19s 3d, .31 15s 6d; Y • J- Paul (Heriot), 1G 17s 9d; W. and J. Cameron (Waitahuna), 38 255; Jas. Scott (Gimmerburn), 44 21s 3d, 27 20s; Mrs C. Mulholland (Gimmerburn), 13 20s Gd, 13 17s CxU a client, 25 15s 31, 19 14s, 22 12s.—— New Zealand Loan and Mercantile Agency Co. soid: For J. S. Strain (Milburn), 18 253 3d, 20 235; Wm. Bryant (Otokia), 32 18s Gd, .3 15s; Robert Wilson (Milton), pen 19s Gd; ■I. and D. Clark (Moneymore), 11 17s 3d, 9 34s Gd. The National Mortgage and Agency Co. sold: For R. C. Hall (Tuapeka West), 71 23s Gd; Wm. Dodd (Moonlight), 13 23s 3d; M'Konzio Marshall (Ixuri Bush), 20 21s Gd, 23 17s; John Sheeliy (Puketi), 45 17s 9<i; Wm. Colling (Cambrian), 9 20s Gd, 36 12s 9d; Wm. M'Knight (Lawrence), 51 18s 9d, 16 14s Gd: Alex. Black (Heriot), 6 IGs; Walter T. Matliewson (Kckouga), 72 183 Gd; J. P. Gardiner (Green Island), 12 13s. Wright, Stephenson, and Co. sold: For John Lochhead (Kaitangata), G 27s 9d; C. It. Mitchell (Clydevale), 31 21s 3d. 23 19s 9l; W. J. Stewart (Sandymount), 37 14s 3d, 20 11a. ——Donald Reid and Co. sold: For J. B. Hagen (Milburn), 19 225, 11 17s Gd; John Stainger (Clarendon), 22 18s 9:1, 15 13s 9d; John Twaddle (llalclutha), 21 19s 3d, 45 21s; Jas. Wisely (Milburn), 4 19s; A. Cambridge (Goodwood), 11 14s 3d; A. T. Stewart (Pukerangi), 25 17s 3d, 15 15a 9d; H. Ciuig (Pomahaka), 35 22s 9d, 21 21s Gd. Stronach, Morris, and Co. sold: For R. W. Avson (Ngapuna), 16 245; Mathias and Son (\\ aipiata), 15 22s 9d, 17 16s 3d; Thos. Sheppard (Waitahuna), 18 22s Gd, 21 17s 9d; A. Carruthers (Ngapuna), 54 21s Gd; Mrs G. 11. Stewart (Crookston), 32 20s 3d, 8 18s 61; Alex. Bathgate (Crookston), 8 21s 3d, 3 17s 3d; i. R. Tucker (Middlemarch), 29 193, 35 1&3 3d; a client, 80 to 17s 9d. Pig®.—Todd Bros. sold. For John Maloney (Burkes), 2 £5 18s; J. Johnston, 3 ±6 Is; J. W. Thompson, 1 £4 9s. The Ota.go Farmers’ Co-operative Association sold: tor A Scott (Flag Swamp), 1 £3 2s, 1 £5; a client, 1 £5 11s, 1 £5 10s, 1 £5 10s, 1 £4 15s; J. E. Llovd (North-East Valley), 1 £5 9s, 1 £4 15s; T. H. Ifiigh (Mo3g:el), 1 £3 6s, 1 £3 Gd, 1 £3 6s, 1 £3 Gd; J. E. Lloyd (NorthEast Valley), 1 sucker 18s, 4 16a. Donald Reid and Co. eold: For J. B. Hagen (Milburn), 2 £3 9s; a client, 4 £3 ss; John Malcolm (Enfield), 4£6 2s, I£s 9s; a client, 3 £6, 1 £5 1i.3. 1 £4 10s; Alex. Martin (Enfield), 4 £5, 4 £4 13s; C. and W. Scott (Berwick), 3 £4 6s; George Mid.lleditch, 1 £4 Is; D. M‘ Lachlan (Milii.vaka), 4 £4 12s; J. O’Kane (Brighton), 1 £2; Mrs Johnson (Green Island), 1 £3 10s, 1 £3 16s; W. D. Wright (North Taieri), 2 £1 13s; A. Stewart, jun. (Mosgiel Bush), 4 £-1; J. Read ( Janefiold), 2 £2 Is; T. M’Cartliy (Leith Valley), 4 £5 10s; T. Fleming (Sandymount), 3 £4 2s; a client, 2 £9, 7 ss; J. O’Kane (Brighton), 2 slips £1 4s Gd, 1 £1 7s; M. Hackett (Momona). 6 £1 ss; J. Waugh (Momona), G £1 3s; P. Cunningham (Mosgiel), 2 £2; D. M'Coll, jun. (Brighton), 3 Us, 2 _l3s, 212 s. 1 10s; a client, 1 15s, 1 12s, 5 7s Gd, 6 6s 6d.- The New Zealand Loan and Mercantile Agency Company sold: For Hugh Thomson (Otokia), 1 £4 15s, 1 £4 6s. —— Wright, Stephenson, and Co. sold: For C. Cross (Portobello), 4 225; O. L. Wilson (Henlev), 10 to 19s; A. C. Wheeler (Henley). 2 11s, 211 s Gd, 211 s; I). Miller, jun. (Momona), 3 baconers £5 10s; J. A. Johnstone (Wakari), 1 £5 Gs; F. E. llankinson (Dunedin), 1 porker £5 4s; George Nicliol and Sons (Allanton), 3 £5; T. Wilson (Anderson's Bay), 2 £4 17s, 3 £4 14s; A. E. Roger (Sandymount), 1 £4 Gs; John Marshall (Outram), 7 £2 19s; W. Stewart (Pine Hill), 1 £1 Bs. Stronsieh, SJorris, and Co. Bold: For E. Morrall (Middlemarch), 2 £5 11s, 2 £5 9s; a client, 2 £6, 1 £5; Airs G. Smellie (Wingatui), 1 £4 8s; L. S. Dyer (Mosgiel), 2 £3 10®, 1 £2 6s; H. Foote (Purakanui), 5 225, 6 21s; A. Ralston, jun. (Allanton), 1 20s 6d, 6 17s.

ADDINGTON MARKET. CHRISTCHURCH, June 8. At Addington market to-day values showed a further slight improvement, beef particularly bringing higher prices. Store Sheep.—A smaller yarding and a fiecr sale. Good forward four and 6ix-teoth wethers brought from 15s 9d to 18s; fair, 12s 4d to 14s Id ; two and four-tooth lialfbred wethers, up to 17s 9d; cull and inferior twotooth wethers, 7a 7<l to 8s 3d; good forward lambs, 10s Gd to 11® 6d; fair wether lambs, 6s 3d to 8s 9d; cull lambs. 5s to 8s; good lialfbred ewe lambs, up to ISs 9d; inferior ewo lambs, 6s 3d to 7s 6d; good four, six, and eight-tooth ewes, 18s 91 to ‘2ls Id; fair, 13s Gd to 14s; aged and failing-mouthed ewes, 6s 9d to 9s 4d Fat Lambs.—A good sale at late values. Extra prime, ‘23s Gd to 27s Gd; prime, 20s to 22s 10d: medium, lfis 9d to 19s 9d; light and unfinished, 13s Id to 16s 3d. Fat Sheep.—A big yarding and a spirited pale. Extra prime wethers, up to 29s 3d; prime, 21s 6d to 25s 3d; medium. 18s 3<l to 21s 3d; inferior, 13s lOd to 17s 9d; extra prime ewes, up to 2Gs 6d; prime, 17s 9d to 225; medium, 15s lo 17s Gd; inferior, 10s to Its Gd. Fat Cattle.—A small yarding and an increase in values for steer beef of 20s per head. Extra prime steers, £2l to £23 ss; prime, £ls to £l7 15s; medium, £ll to £l4 17s; light, £7 to £lO 10s; prime heifers, £lO to £ls 12s Gd; ordinary, £5 15s io £:); prime cows, £7 15s to £1 I ; ordinary £5 to £7 10s. Dairy Cov.s.—Good Jersey springer, £25 10s; medium to good cows, £l2 to £l6 10s; good springing heifers, £lO IDs to £ls 10s; medium. £7 to £9. Stoic Cattle. —A slightly improved demand. Three-year-old steers, up to £0; tivo-year-oids, £4. Vealer?.- —A rse in values on last week’s rates of 10s. Small runners, up to £5 10s; good vealers, up to £4 ss. l’igs.—Choppers. £3 to £6 7s Gd; fight baconers, £1 10s to £5 ss; heavy, £5 15s to £G 6s (average price per lb, 7Jd to TJdt; light porkers, £2 10s to £3 ; heavy, £3 5- to £4 (average price per lb, lOd to 10£d).

INCREASE OP CAPITAL. The Mercantile Gazette announces the following' increase of capital in connection with the National Electrical Engineering Company (Limited). The capital of the company to be increased to £200,000 by the creation of 100.000 new shares of XT each. Kegistored June 2. SOUTHLAND MARKETS. (From Our Own Correspondents.l INVERCARGILL, June 11. At country sales held during the past week the stock market has improved slightly. All classes of store sheep are selling better, especially wethers, in which a rise of 2s pci head is noticeable—in some cases a little more. Good breeding ewes are also selling higher ; ordinary store lambs aro slightly easier, anything that will not fatten this year being fairly hard to quit at recent values; in this section the prices are slightly easier. Very few store cattle are coming on the market here, and prices are still much about the same. With the exception of extra forward bullocks, store cattle are hard to quit. Factory culvers, especially heifers, are selling fairly well, also gc.od dairy cows, September and October calvers. There is a fairly good demand for winter calvers. The following prices may be quoted: Store Sheep.—Two-tooth wethers, extra good, 163 to 17s; average, 14s to 15s Cel; inferior, down to about 10s; four and sixtcoth wethers, with plenty of condition. 18s to 19s ; average, 16s to 17s Gd; inferior, down to about 13s; extra forward lambs, 14s to 16s; average, 12s to 13s Gd; inferior, down to 9s Cd; two-tooth ewes ill lamb, 17s to 18s Gd; four and six-tcoth ewes, extra goeu, 20s to 29s 9d; average, 17s Gd to 18s Cd; sound-mouthed owes, 15s to 16s 6d. Sheep.—Extra prime wethers, 22s to 255; prime, 20s to 21s Gel; unfinished, down to 183; extra prime ewes, 15s to 16s 6d; prime, 13s to 14s; unfinished, down to 11s. Store Cattle. — Extra forward three and four-year-old bullocks, £0 10s to £lO 10s; average, £7 10s to £8 10s; two and old steel's, £5 to £6 10s; 18-months-old steers, £2 10s to £3 15s; calves, 5s to 30s; springing heifers, factory calvers, from £9 to £lO 10s; extra good, up to £ll IQs; dairy cows, factory calvers, XT 4 to £ls; average, £lO 10s to £ll 10s; cows just at profit, winter calvers, making as high as £2O. Eat Cattle. —Extra prime bullocks, £l4 to £ls; average prime, £l2 to £l3 10s; unfinished, down to £0 10s; extra prime heifers, £lO to £l2; average prime, £B* to £10; unfinished, down to £7; extra prime cows, £lO to £11; average prime, £7 to" £8; unfinished, down to £l. OAMARU MARKETS.

(From Our Own Cobrespondknt.l m OAMARU, June 11. The stock market ts lifeless, and practical.y tlie only business of the week was done at the regular sales at Waiareka and Duntroon. At the former the bulk of the stock offered consisted of fat animals, and these were of much better quality than usual, about on a par with those of the previous week. Extra prime fat wethers brought up to 255, and prime ranged from 19s 6d to 21s Gd; extra prime ewes made up to 17s 3d, and prime from 1 ts to 15s Gd. A small yarding of fat lambs ranged from 23s for extra quality, downwards to 12s Gd for light and inferior. Mixed lines of four, six, and eight-tooth ewes in lamb, at from 12s to 143 6J; and the prices for other store sheep were lew. The only transaction by private treaty in sheep is one covering a line of 3GO two, four, six, and eight-tooth ewes, which changed hands at 12s 3d. So far as store catllc are concerned, the market is dead, and in other descriptions the business of the week was confined to tile regular market- sale. There fat bullocks of ei optional quality brought up to £22, and for others the prices ranged down to £lO. A small yarding of dairy cows close to profit sold at from £8 to £lO 15s THE FRUIT AND PRODUCE "WORLD. Reilly’s Central Produce Mart, Ltd., reports;—As usual after tile Winter Show there ha 3 been a lull in business. We placed our consignments of bacon pigs during the week at 9d per lb. Poultry were in short supply, and good values were secured for all lines, ducks being particularly wanted. Preserved eggs: We v. ere fortunate in clearing our stocks, prices ranging from Is 9d to Is 10d. Fresh eggs have been accumulating; grocers are afraid, and we hear of the best stamped and guaranteed being offered at 2s 3d per dozen. Choice dessert and cooking apples find a ready sale. Grapes: The last of tho season realised 3s Gd to 3s 9cL. Vegetables aro meeting a steady demand. Large consignments of American and Australian navel and plain oranges. Unions, mandarins, pines, passions, aro available at reasonable prices. V.c received and sold: —Tomatoes: Locals, to Is B£d; O.C. and Christchurch, 3d to GAd. Choi e, 3s 6d to 3s 9d. Pears: Choice Cole and Xelis, 2 ! .d, 3d. P nn rlitv, 6d; shelled, 6d. Walnuts: Choice, Is Id to Is 3d. Bacon ; porkers, 9d. Beeswax, 2s 3d, 2s Gd. Butter, to Is lid. Tea: : - lb, in 101 b boxes. ■ : : per lb. Hargreaves choice canned pineapples, 19s. Violets' 5s to Bs. Cauliflowers, 2s 31. Ss (hi. Cabbage, to 4>. Cucumbei : Local hothouse, to 13a Gd. E-'g«: Stamped, 2s 3d, 2s Gd: preserved, -U 9d. Is lOd. Honey: Sections wanted; pi’s. 5 S GR dozen; bulk, 7.L1 lb. Apples: Delicious. 10s 61, 16s Gd; Jonathans, prime, to 10s Gd ; Scarlets, 0s 3d, 8s Gd; Stunners, 8s (kl, 10s Gd; cookers, Gs Gd, 8s Gd; Cleopatra?, 10s; Munroes, 7s Gd, fis Gd •’ Lord Wolsoleys, 8s Gd, 3s. Lemons: American 40s; Adelaides, lGs, 20s. Oranges: Adelaide plain. 22s Gd; navels, 235; American Valencias, 40a. Bananas: Ripe, 40s. Pines, 255. • s, 22s Gd. Pie melons, to 2fis. Marrows. 13s cwt. Pumpkins, lGs Gd. Table carrots, to s:s (Id. Swede turnips, to 3s I '•tat-J.-s : Canterbury, 5s Gd; Southland, Gs 6<. ; locals 7s Gd; Southland seed, 8s to 10s. Onions. ( hr stcliurcli, best quality, 7s. Poultry: Hens realised from os 2d to 8s; cockerels reals,d from 5s 6d to 10s; ducks realised 8s; geese realised from 7s to 8s p< , pair E. OSWALD REILLY, Managing Director, Moray place, Dunedin. NEW COMPANIES. The Mercantile Oazette announces the r< stration of the ring now companiesWaipahi Salcvards Company (Limited) Roffi tered May i 6, 1321 Capital: £SOO, into ires of ill each. Subscribers- Wni pa -A. J. Webb, William Conn, A. Murray 'I T- U.igrie, A. Campbell, and 11. E Pah: net t ; Ashburton —D. Young—s shares enrh. O ct p;o -ide y irds at or near Waipalii < r where in llie district or vicinity < ; Wa or 1 ho sale, disposal, handling, 1 ■ t, < u and management of live stock ! dcserii ons ind for such purp< ... mil acquire the fteehold lan-1 0 f William Conn A> x . Horn and S->n (Limited). Registered as a private company May 19, 1021. 'office; Snow avenue, Middlemarcli, Otago Central. C'api'al: £5730 into 5700 slimes of £1 each. En ribere; Middlemarcli —Alex. Horn 3800 A O. 11. Horn 1300 Objects: To acquire tnd take over as a going concern tlie busi-

ness of storekeepers, general merchants, drapers, fancy goods, grocers, and confectioners as recently carried on by Alexander Horn at Middlemarcli. EIGHT PER CENT. BONDS. WELLINGTON, June 9. Tlie Hawke’s Bay Farmers’ Co-operative Association is asking the public to take £75,000 worth, of bonds, upon which it will pay 8 per cent, interest. Altogether £150.000 worth of these bonds will be placed, if there is a market for them. The high rate of interest is attracting attention in financial circles, especially as it is to be paid free of income tax. Owing to the drop in prices the association needs the money to finance the majority of its numerous clients.

IXVESTM EXT STOCKS. June 11. Bank of Australasia —Buy. £79 10s, sel. £Bl. National Bank of N.Z.—Buy. £5 7s Gd. Bank of N.,S. Wales —Buy, £3l. Bank of N.Z.—Buy. 45s 9d, sel. 465. Union Bank—Buy. £ll 15s, sel. £l2 Is. National Insurance—Buy. 55s Gd. N.Z. Insurance—Buy. 26s Gd, eel. 2Gs lid. Sou-h British Insurance—Buy. 30s, sel. 31s. Standard Insurance— Buy, 42s 9d, sel. 445. P. and 0. (def.)—Buy. £335, sel. £345. L.S.S. Co. (pref.)—Buy. 17s 9d. sel. 18s 3d. Hud-dart, Parker (ord.)—Buy. 41s, sel. 41s 6d. Westport Coal Co.—Buy. 265, sel. 275. W eatport-Stockton (ord.) —11 uy. Gs 3d, sel. 6s sd. N.Z. Coal and Oil—Buy. 2s Gd, sel. 3s 6d. Brown, Ewing (ord.)—Buv. 235. p i c. (pref.)—Buy 17s 6d, sel. 18s 9ct. Dalgety and Co—Sel. £lO 12s Gd. Goldsbrough, Mort— Buy. 28s Gd, sel. 30s. N-Z. Loan and Mercantile—Buy. £Bl. A\ right, Stephenson (ord.) —Buy. 295. Dominion Rubber—Buv. 9s 3d, sel. 11s. Dunlop Rubber—Buy. 235. Rope and Twine —Buy. 21s, sel. Diineci’n-Kaikorai Trams—Sel. 25s Gd. N.Z. Refrigerating (£1 paid)—Buy. 28s 6d, sel._ 295. N.Z. Refrigerating (10s paid)—Buy. 16s 7d, sel. 10s 9d. Southland Frozen Meat A (ord.)—Buv. 21s, eel. 23s Gd. Canterbury Meat Co. (ord.)—Buy. £lO 15s. Bruce Woollen Co.—Buy. 40s, sel. 41s. 04? a 6d POi VVoo!!en (°rd.)—Buy. 23s 9d, sel. Kaiapoi Woollen (10s paid)—Buy. 11s Gd. Mosgiel Woollen—Buy. £5. M’Leod Bros.’ Soap—Buy. £l4 £ a l> pr Mills—Buy. 24s Gel sel. 255. A.Z. Drug Co. (£2 paid)—Sel. 54s 3d. -YZ. Express Co. Sel. 17s. N.Z. Express Co (pref.)—Sel. 17s iV-f.’ Har “V aie (ord.)—Buy. 12s. sel. Us 6d. 0Q * Ull Jlun - L ‘‘ me an d Cement—Buy. 255, sel. Otago Daily Times—Sel. 475. Papuan Produets—Sel. Is 3d. Perpetual Trustees—Buy. 3-ls. Trustees, Executors— Sel. 49s i' ; Z. Sugar of Milk—Buy. 30s. AVhitcombo and: Tombs—Buy. 51s. Debentures. A.Z. Government "War Bonds (41 per rent) 1338-Buy. £B2 12s Gd, sel £«3 ’ 19^Buy V TB2 n ToU VlU ' B ° ndS I>61 ’ ceat ’>> Government Inscribed Stock (44 per cent.)—Sel. £B:3. 1 - L £9O' Z ' GoveruJnent Postal (5 per cent.)—Buy. Scldiersj Settlement Bonds—Buv. £9l 10s. Soldiers Settlement (inscr.)—Buy. £9l sel. £9l 15s, THE WOOL MARKET. ~ , , LONDON, Juno 7. At- the wool sale 12,201 bales were catalogued, or which 3551 were New Zealand. ° ,? as ~ representative selection, •.specially of Western Australian and New ZeamiKd wool. There was a large attendance and strong competition, the Germans operating keenly I ho Home trade was very rea settlement of the Labour ci inanities Merinos realised 5 per cent fiTTVL closing rates. Crossbreds were | , ar i (l rin-lianged. New Zealand, H.L.W., biougm from SJd to 9»d.-A. and N.Z. Cable! FREE AVOOL SALES. T , , , , LONDON, June 7. the Lee wool sales opened strongly at NOL Cable " n 5 Per Cellt ’ and , LONDON, June 9. A., the free wool saie there was <i wod selecaou oi scoured and greasy merinos!” including some fine Tasmanian lots There was strong demand, the Germans behm the largest operators, and everything sold at full advance * 11 '■ cs ’ antl occasionally at a slight There was good Home and Continental demand for crossbreds at full late rates. Individual clips: Dunlop, 36d (top) 33(J (average); Lad, 25W and 2Bd ; Toorale, 40d and 3od; Ho at man, 30£d and 29d. The Bradford market allows good tone, but the coal snort age is affecting business Sixtyfours 1 2d ; sixties, 38d, 39(1; fifties, 22d. Jjlit ter is quiet and n no lumped. Cheese is fiat. New Zealand: White, 115 s, HGs; coloured, 106 s, 110 s. Australian, noma nally, 100 s, 110 s. Canadian, about 98s, 110 s. \ . .. June 8. At the i-awra wool sale there was excellent competition, and tho whole of tlie offerings were sold. Merinos, mostly Continental sorts, met with strong German and Trench demand at tlie opening rates. An average selection of crossbreds (1918-19 clips) was actively competed for by the Home trade and the Continent at full opening rates. For shpes tnere was good competition at the May closing rates. » „ Juno 10. Al the Bawra wool sale full late rates were obtained. There was good competition mainly by German buyers, for merinos Yorkshire and the Continent both active for crossbreds Practically tlie whole of the catalogue "was sold. The committee of the Colonial Wool Her chants Association has adopted a resolution that the interests of Australian growers nod the- trade between Australia and England would be best served by the recognition that first consideration should be the realisation ot the current clip each year, and subject to that realisation ns large a quantify of Bawra, wool as tho market- is able to c bsovb ought to bo offered. The committee flunks that the quantities offered in Almost and Sepember should contain a larger proportion of the new clip than lias hitherto SYDNEY AVOOJj SALES. SYDNEY, -June 8. The twelfth scries of wool sales has opened. Competition was keen, and late rates we re maintained. AUCKLAND AVOOL SALES. (From Our Special Correspondent.) AUCKLAND, June 6. Unusual interest was taken in the wool sale on Saturday, doubtless due to tho fact, that the sales had 1 in other centres recently resulted in an improvement in prices compared with those of a few months ago. There

was a large attendance of buyers, and the available standing room in the building was taxed to the utmost by farmers and others interested. At the commencement of the sale buyers were active, and bidding was spirited; in fact, brokers present stated that it was the most spirited sale held in New Zealand for years, and the values in some cases were from 5 iner cent, to 76 per cent, better than those ruling at the Napier sales last Tuesday. The number of bales catalogued totalled 7218, but several lots were withdrawn before the sales co'inniienced 1 . Lambs’ wool was most in demand, and seven bales of Romney lamb wool, on behalf of Mr J. M. Nicol, of Te Aroha, topped the market, realising lo}cl per lb. Three bales of Puketutu lambs’ wool • brought iOd a lb, and a, similar quantity of j “R and! C” (Ardstrath) brought 9d a" lb. i A pout 70 per cent of the woo-l offered was cleared, the greater quantity being secured for the Continent and the balance bought for local mills and by speculators. The following comparative bales, showing prices at tlie February gales, and those on Saturday:

CHRISTCHURCH AA’OOL SALE. CHRISTCHURCH, June 10. The first local wool sale since the recent resumption, and tho riftli of the scison, was ; held to-day, when 8000 bales were offered, i There was a spirited sale, and practicaliy j seven-eighths of tir: catalogue was disposed , of ; in the case of three-quarterbred. and crossi bred at an advance on local February rates, • and a distinct advance on the recent nor- : them auctions. Good liaifbred averaged prac tically the- same as the February sales, but seedy and dingy was a penny lower. Threequarterbred was about a penny higher, and crossbred was Id to l\d better than recent northern auctions. A most encouraging feature of the sale was tho activity displayed for all classes of 40-48 wools. The bulk of the catalogue went to Home buyers, local mills obtaining a very .small , proportion. Scoured wool was not wanted. Pieces dropped in price on the last Christchurch sale. The range of values was: Merino, ll.jd to ILK!; medium merino, 3d to IOd; inferior merino, 6d to 8d; super halfbrecl, lf-jd to !2d; medium halfbred, SRI to 92d; inferior halfbred, Gd to fid; surer three-quarterbred, 7Jd to Old; medium threequarterbred, Gtd to 7Ad; inferior threequarterbred, 5d to 6d; super crossbred, 7d to 9RI; medium cross bred," 4Jd to 61d; inI ferior crossbred, 3Jd to 4Ad; halfbred pieces, : All to Ojd; crossbred pieces, 2d to 3Jd. PROVISIONAL DATES FIXED. The dates of New Zealand wool sales for July-August are not. yet definitely fixed, but the following provisional tin;t-tz ble has been ! drawn up: Wellington, July 4. Napier, July 8. Auckland, July 12. AVanganui, July 14. Christchurch, July 20. Dunedin, July ‘25. Invercargill July 29. Timaru, August 2. AA T ellington, August 8.

1 Jut o, 1921. Feb , 1921. ! d d. d. d. Halfbred Hi First three-quarteibrecl 1 Second three-quart rb’cl :? Romneys .. to 5 2 5 to 6 Fine crossbreds • • 21 to 6?10 to 11 Medium .. .. 2.i to 5 51 to 8:1Crossbred hoggets to .It 5i to Coarse crossbreds -'2 to 32 3 to 4 Ordinary crossbro d 2| to 4J Shi rt-e d c rc 3 s b red s .. 3" to 91 Lincolns .. 31 to 3? Leicesters .. 21 Merino .. 82 Lambs .. .. 3 to 10.1 Pieces .. 1 to 0.1. Bellies. .. .. .. 11 to Cmtchings - lj