COMMERCIAL

Otago Witness, Issue 3801, 18 January 1927, Page 36

COMMERCIAL

Burnside, Wednesday, January 12.

Fat Cattle. —A small yarding of fat cattle came to hand, 176 head being penned. With the expection of a few pens the quality was not quite up to that of recent entries. The sale opened at prices showing a rise of about 10s per head on last week’s rates, but it quickly receded to last week’s parity, .finishing up with values showing a reduc-' tion of about 10s per head on late rates. Extra prime heavy bullocks made up to £l5; £l3 5s to £l4; light and medium weights £lO 10s to £l2 10s; heifers to £9 15s; extra prime/ cows to £10; mediujn to light £6 to £7 10s. Dalgety and,Co. sold: For A. Scott (Burnside), 1 bullock £ll 15s, 1 £lO 2s 6d. 8 £l2 .15s; John M. Tavish (Snowy River), 1 bullock £l3 2s 6d, 1 £l2 2s 6d. Wright, Stephenson and Co. sold: For R. Lockhead (Balclutha), 2 bullocks £l5, 2 £l3 ss, 2 £l3; J. C. Renton (Mosgiel), 2 bullocks £l4 7s 6d; W. Lindsay*- (Allanton), 2 bullocks £l3 ss, 2’£6 ss, 2 heifers £8 10s, 1 £7; W. Blackie (Mosgiel), 2 bullocks £l2 2s 6d; A. H. Hiddleston (Edendale), 2 heifers £9 12s 6d, 1 £9 10s. 1 £9 ss, 2 £8 15s, 3 £B, 3 cows £7 15s, 1 £B, 3 £7 10s. 1 £7 ss, 1 £6 17s 6d; F. A. Simpson (Ptlkerau), cows £9 2s 6d, 2 £7 ss; J.. Miller (North Taieri), 1 cow £6 ss. The National Mortgage and Agency Co. sold: For W. Lindsay (Allanton), 2 bullocks £l3 7s 6d; W.Armstrong (Waipango), 1 bullock '£l2 10s, 2 £l2;. A. Allison (Puertia), 2 bullocks £ll 12s 6d, 1 £ll ss, 1 £lO 10s; J, G. Andrews

(Fortrose), 2 bullocks £11; D. Ireland (Mosgiel), 1 bullock £lO se; W. J. Clarke (Cromwell), 1 cow £8 2s 6d. Donald Reid and Co. sold: For K. B. Rae (Wallacetown), 4 bullocks £l3 ss, 2 £l3, 3 £ll 15s; J. C. RentoiC(Mosgiel). 2 bullocks £l3 15s; Walter Blackie, sen. (Mosgiel), 2 bullocks £l2; William Lindsay (Allanton), 1 bullock £l3 2s 6d, 2 £l2 2s fid, 1 cow £7 12s 6d, 1 £6, 2 heifers £B, 1 £8 ss, 1 cow £8; E. Jensen (Caversham),. 1 cow £9 2s 6d; a client. 2 cows £8; A. S. Holms (Waimahaka), 3 heifers £l2, 3 £lO 17s 6d, 1 cow £8 12s 6d, 1 heifer £8 12 6d; Thos. Ayson (Wyndham), 2 bullocks £ll 12s 6d, 2 £ll, 2 heifers £8 10s, 2 cows £8 2s 6d. 1 £7 17s 6d; J. F. Bodkin (Hyde), 1 cow £lO 12s 6d, 1 £9 15s, 1 £8 17s 6d-—-The Otago Fanners’ Co-operative Association sold: For J. O. Renton (Mosgiel), 2 bullocks £l3 10s; Robert Wilson (Riverside), '3 £ll 2s 6d, 1 £lO 7s 6d, 1 heifer £7; A. D. Mathieson (Middlemarch), 1 heifer £lO 10s; Peter Bathgate (Outram), 1 heifer £8 17s 6d, 1 £7 15s. 1 £6 12s 6d, 1 £6, 1 £5 ss; W. Lindsay (Allanton), 1 heifer £8 ss, 1 £7 10s, 1 £7; Alex. Scott (Burnside), 1 cow £6 12s 6d. New Zealand Loan and Mercantile Agency Co. sold: For Kain Bros. (Stirling), 1 bullock £l5, 2 £l4, 2 £l3 10s, 2 £l3 2s 6d ; a client, 2 bullocks £l4 15s, 2 £l4, 2 £l3 12s 6d, 4 £l2 10s, 2 £ll ss, 2 £ll ; William Lindsay (Allanton), 1 bullock £l3 17s 6d; Walter Blackie (Mosgiel), 1 bullock £l2 7s 6d, 1 £lO ss; David Ireland (Outram), 1 bullock £lO 10s. Stronach. Morris and Co. sold: For J. F. Bell (Stirling), 2 bullocks £l3 7s 6d, 2 £l2 7s 6d, 2 £ll 12s 6d; A. Scott (Burnside), 1 bullock £l3, 1 cow £9 10s, 1 £6; clients, 2 bullocks £l2 ss, 1 £9 17s 6d. 1 heifer £9 ss. 1 £8 ss, ,1 £6 17s 6d; Thomas Maxwell (South Dunedin), 1 cow £8 2s 6d, 1 heifer £6 12s 6d.

Store Cattle. —The yarding totalled 190 head, consisting principally of medium cows and young cattle, with a line of some 20 three-year-old store bullocks, which sold at prices equal to late I ales. Wright, Stephenson, and Co. sold: For F. Fretwell (East Taieri), 5 steers £lO 15s, 3 £4 ss, 2 £3 ss, 3 cows £6 ss, 5 £4 17s 6d, 1 £2 7s, 2 £2 ss, 4 heifers £5 Is, 6 vealers £2 ss. 2 £2; R. Semple (Outram), 2 cows £4, 1 £2 6s, 1 vealer £1 Is; R. Mulholland (Fairfield), 1 heifer £2 4s. The National Mortgage and Agency Company sold: For W. J. Clark (Cromwell), 1 bull £7 ss, 1 bullock £8 15s, 7 £3 16s; D. Chisholm (Middlemarch), 2 calves 20s. Donald Reid and Co. sold: For R. S. Peddie (Clyde), 6 bullocks £8 ss; George Robson (Orepuki), 1 heifer £5 7s, 1 £5, 3 £1 17s 6d, 1 vealer £1 Bs, 1 £1 10s, 2 £l, 1 cow £5 ss; Frank Thornton (Momona), 1 £4 19s; W. Friend (North-East Valley), 2 £3 16s; S. Patrick (Waverley), 1 £4 7s 6d; Phil Hellyer (North-East Valley), 1 £6 13s, 1 £5 9s, 2 £3 17s 6d, 1 £3 15s; H. Tisdall (Middlemarch), 1 .heifer £6, 4 calves £1 17s 6d; J. Pedofsky (Sutton), 1 cow £3 3s; J. F. Bodkin (Hyde), 1 vealer £3 10s; W Lewis (North-East Valley), 1 cow £4 15s, 1 £3 6s, 1 £3 7s 6d, 2 heifers £2 10s, 2 £2 15s, 1 vealer £2 2s; R. E. Tisdall (Middlemarch), 4 £1 6s, 3 17s; P. M’Fadyen (Ngapuna), 4 245, 4 19s, 3 8s; E. Kaird (Glencoe), 2 heifers £4 18s; a client, 1 cow £5 Is; P. Cunningham (Wyllie’s Crossing), 4 heifers £3 18s. The Otago Farmers’ Co-opea-ative Association sold: For Robert Scott (Brookdale), 8 steers £9 12s 6d, 8 £8 15s; J. M'Lennan (Wyndham), 4 £7, 10s, 4 £7 ss, 2 £7 2s 6d; Henry Black (Riverview), 3 £6 15s, 4 £6 10s, 2 £6; William Lindsay (Allanton), 2 cows £B, 1 £5 17s 6d; Jas. Duncan (Glenview), 1 heifer £lO, 2 £5 15s, 33 £5 Is, 1 £4 10s, 4 £3 19sj Robdrt Wilson (Riverside), 2 cows £5 15s, 1 £5 10s, 1 £5 Is; 1 £1 ss; T. Dalziel (Brookville), 1 £6 ss; William Johnson (Leith Valley), 1 £5 12s, 1 £3 16s, 1 £2 12s 6d; T. H. Ross (Caberfeidh), 4 .teers £5 12s 6d, 2 £5 ss; a client, 3 vealers £] 15s, 3 £1 10s, 1 £1 14s; D. Ireland (Mosgiel), 2 £1 15s, 1 £2 ss, 1 £1 15s; F. J Craik (Dunedin), 11 £1 10s, 1 £1 2s: Stanley Frew *(One Tree Farm), 3 cows £3 65,"1 £3, 1 bull £7, 1 £6, 4 calves 255; P. Bathgate (Outram), 2 cows £3 Ils; T Wintrup (Green Island), 1 bull £2 2s; Mrs E. Ford (Allanton), 1 £6 15s; J. Thomson (Abbotsford), 1 heifer 15s The New Zealand Loan and Mercantile Agency Co. sold: For Janies Howie (Moneymore), 1 cow £7 12s 6d; Mrs M. Murdoch (Milton), 1 bull £7 ss, 1 heifer £4, 1 £3 3s. Stronach, Morris, and Co. sold: For J. Pearson (Maori Hi11),.l bull £6 10s; clients, 1 £5 10s, 1 cow £5 Is, 1 £4 9s, 1 vealer £4 2s, 2 cows £3 19s, 1 heifer £3 2s 6d; J._ Pryde (Mornington), 1 cow £5 2s, 1 heifer £4 17s 6d; R. J. Thompson (Middlemarch). 1 coW £4 16s; John Waldie (Halfway Bush), 7 steers £4 9s, 1 heifer £3 10s, 4 steers £2 Ils; Thomas Johnson (Allanton), 1 cow £4 2s; J. Miller (Waitati), 1 vealer £2 16s; Mrs A. Morris (Saddle Hill), 1 steer 31s; E. Jensen (Lookout Point), 1 cow 325; J. L. Clarke (Leith Valley), 1 30s; A. H. Finnie (Middlemarch)', 1 vealer 275. Dairy Cows.—There was a small yarding, and prices were much on a par with last week’s rates. Wright, Stephenson, and Co. sold: For D. Jackson (East Taieri). 1 £8 15s, 1 £7 7s 6d;JT. Kirkland (Fairfield), 1 £5 7s 6d. Donald Reid and Co. sold: For D. Russell (Milton), 1 cow £6; G. Donaldson (Green Island), 1 £6 ICs; T. Maxwell (Dunedin), 1 £6 10s. —The Otago Farmers’ Co-opera-tive Association sold: For E. Jensen (Caversham), 1 cow £7; -W. Carruthers (Maungatua), 1 £6. 10s; Faulds Bros. (Green Island), 1 .6 ss; T. Wintrup (Green Island), 1 10s: Herbert Johnstone, 1 £5 10s, 1 £5 7s 6d. 2 £5 2s 6d, 2 £3 15s, 2 £3 10s; Wallace Jackson (Greenvale), 1 £5, 1 £4 15s, 2 £4 10s. Stronach, Morris, and Co. sold: For J. Pryde (Mornington), 1 cow £3 15s; Mrs E. Graham (Wylie’s Crossing), 1 £3 2s 6d. Calves. —Wright, Stephenson, and Co. sold: . For A. ' ennedv (Fairfield), 1 calf 275, 1 255; S. W. Hall (Highcliff). 1 255, 1 15s: J. Thomson (Green Island). 1 245; JV. Johnston (Burnside). 1 245; J. Wild (Green Island), 1 20s; F. Johnson (Momoria), 1 16s, 1 8s; C. Brenssell (Outram), 1 12s, 1 Ils, 1 6s; A. Moynihan (Otokia), 1 10s, 1 9s, 2 Bs, 2 4s. 1 3s 6d; J. Brown (N.E. Valley), 1 7s; S. Patrick (Waverley), 1 4s. Donald Reid and Co. sold: For Jas. Reid (Henley), 1 calf 31s, 1 28s; T. Garth (Henley), 1 28s, 1 13s, 1 10s, 1 7s, 1 4s 6d, 2 4s. 1 3s 6d; J. E. Carvalho (Waihola), 1 265; Robt. Thomson (Otokia), 1 265, 1 255, 1 245, 1 21s: L. I. Gibb (Brignton), 1 17s, 1 14s, 1 13s; Andrew Kelly (Mornington), 1 12s; A. P. Fleming (Otokia), 1 ss; • R. Holden (Brookville) j 1 9s, 1 Bs, 1 ss; Walter Lewis (N.E. Valley P. 0.), 1 15s, 1 13s, 1 10s, 1 ss, 1 4s.

——The Otago Farmers’ Co-operative Association sold: For R. Sim (Caversham), 1. calf 20s, 1 19s, 1 3s; J. Feigan (Brighton), 1 18s; northern client, 1 17s, 3 15s; W. Dalziel (Brookville), 1 16s. Stronach, Morris, and Co. sold: For Mrs Stanley Wilson (North Taieri), 1 calf 17s 6d; David Booth (Leith Valley), 1 6s. Fat Sheep.—There were. 1929 yarded, the quality being mixed. A number of medium to poor ewes were forward, these meeting with poor competition. Prime heavy wethers were easier by about 2s per head, while ewes were also dull of sale at values showing a reduction of Is to 2s on late rates. Extra prime, wethers made from 32s to 345; medium prime wethers, 28s to 30s; lighter from 25s to 27sunfinished scits 22s 6d to 245; extra prime ewes, 27s to 295; prime ewes, 23s to 255; medium weights, 18s to 20s; light and aged, 15s to 17s.—Dalgety and Co. sold: For John Eskdale (Tapanui), 8 wethers 325. 12 31s, 17 295, 9 27s 9d; R. Mitchell (Outram). 20 265. Wright, Stephenson, and Co. sold: For 11. G. Brass (Invercargill),'”2l vethers 325; W. D. Hunt (Wallacetown), 26 295, 20 27s 9d, 42 27s 6d, 31 275; John N imino (Mosgiel), 16 28s 6d, 25 28s, 19 26s fid, 14. ewes 16s 6d; K. G. M‘Kenzie (Waimahaka). 26 wethers 28s 3d, 18 26s 9d, 18 24s 9d; Geo. Stevenson (East Taieri), 14 28s 3d, pen ewes 25s J. Dunean (Outram), 30 wethers 28s, 23 26s 9d; R. Sandford (Outram), 26 27s 3d; Frank Johnson (Mo-

mona), 44 255. The National Mortgage and Agency Co. sold: For Smaill Bros. (Moa Flat), 26 wethers 335, 23 30s 9d, 30 295, 27 27s 3d, 24 27s 6d; W. M’Kee and Sons (Waikaia), 29 32s 9d, 17 29s 9d. 14 28s 6d; N. M'Ewan. senior (Wyndham), 21 30s 9d, 21 30s, 13 29s 3d; Mrs M. O’Connor (Clarendon), 12 30s 9d; M’Rae Bros. (Sutton), 12 31s; R. Mitchell (Outram), 24 27s 3d; K. G. M'Kenzie (Fortrose), truck ewes to 25s 9d; Jas. White (Middlemarch), pen 17s; D. B. Craighead (Middlemarch), 15 16s 9d. Donald Reid and Co. sold: For Fleming and Co. (Titiroa), 9 wethers 30s, 24 28s 3d, 18 26s 6d. 12 25s 9d ; the Exors. the late Jno. Strain (Milburn), 4 30s 3d; Geo. M'Leod (Milton), 11 295. 20 28s 3d; J. D. Kirkland (Fairfield), 3 24s 9d, 5 23s 9d; Richard Mitchell (Outram), 16 245. 6d, 16 ewes 225; Alex. Lockhart (Clarksville), 10 wethers 24s 6d; Jas. Kane (Clarendon),

11 ewes 19s 9d. —The Otago Farmers’ Cooperative Association sold : For A. H. Hall (Thornbury). 20 wethers 34s 6d, 16 34s 3d. 22 33s 9d; Southland Farmers’ Co-op. (Invercargill), as agents, 23 33s 3d, 21 30s 3d, 10 30s; John M'Callum (Lochiel). 16 31s, 21 29s 6d, 16 29s 6d; D. Falconer (Milton), pen 30s, pen ewes 22s 6d; Southern client. 11 wethers 29s 9d. 4 28s; Jas. M'Callum (Royal Bush), 26 32s 3d. 25 30s; Geo. M’Leod (Owaka), 7 32s 3d; A. Graham (Mataura), 27 29s 9d, 24 2&r 6d, 11 27s 3d; P. O’Connor (Adam’s Flat). 9 ewes 18s 6d ; M. M'Rae (Milton). 4 19s; trustees late J. B. Coram (Waipiata) 30 wethers 26s 9d, 23 26s 3d, 12 26s 3d; H. Orr (Moneymore), 8 woolly ewes 28s; Alex. Scott (Burnside), 5 wethers 275, 13 ewes 24s 9d; a Taieri client, 8 30s 6d, 11 woolly 275; R. Mitchell (Outram), 11 ewes 20s 3d, 13 19s. New Zealand Loan and Mercantile Agency Co. sold: For Arch. M'Kechnie (Milton), pen wethers 345, 16 28s 3d, 15 275; Jaffray Bros. (East Taieri), 17 28s 9d, 21 275; Robert Murray (Clarksville), pen woolly ewes 295; W. J Marshall (Berwick). 9 wethers 28s 3d; a’client. 18 265; Kain Bros. (Stirling), I*7 OCln A/l 2X 99 a Qd • n nlinnt.

30 23s 9d. pen 23s 8 ewes 19s 9d, 17 18s 3d; D. A. Drinnan (Milton), 12 18s. Stronach. Morris, and Co. ■ sold : For A. < Soper (Greenfield), 7 wethers 295, 28 265, 17 ewes 18s 9d. 8 17s 6d: T. Soper (Pukeawa), 11 wethers 27s 9d, 28 25s 3d, 25 255; A. Scott (Burnside), 10 28s 3d. 4 27s fid, 32 265, 12 24s 9d; Con. O’Neill (Sutton) 5 ewes 20s 6<i; 10 14s fid; R. Baird (Mihiwaka), 7 15s 3d, 6 13s; T. Graham (Mihiwaka). 4 10s 3d. Fat Lambs. —A yarding of 803 came to "hand, mostly of from fair to good quality, with a few pens of unfinished sorts. Taken all round, prices were slightly easier than last week’s rates. Export buyers were operating to a limited extent, principally on light-weight prime lamb. Heavy lambs made to 28s 6d; prime medium weights, 24s to 25s 6d; lighter weights, 20s to 225; unfinished, from 18s to 19s. Dalgety and Co. sold: For John Eskdale (Tapanui), 3 lambs 24s 3d; R. Mitchell (Outram), 5 27s 9d, 6 265. Wright, Stephenson, and For Cassey and Miller (Sawyers’ Bay), pen lambs 225, 14 17s; D. Jackson (North Taieri), 5 21s. The National Mortgage and Agency Company sold: For a client, 9 lambs 26s 9d, 5 21s 6d; Mrs M. O’Connor) (Clarendon), 12 24s 6d, 13 23s 9d, 10 21s 6d. Donald Reid and Co. sold: For Mrs C. Wiseley

(Milburn), 12 lambs 26s 6d, 8 25s 6d; the executors of the late John Strain (Milburn). 10 26s 6d; R. Bruce (Milton, 6 25s 6d; W. L. Wilson (Halfway Bush), 8 25s 3d; \> illiam Finch (Milton), 4 255; Malcolm M'Rae (Milton), 4 24s 6d; Lowery’s Trustees (Milton), 10 23s 9d; T. H. Kirkland (Fairfield), 8 22s 6d, 6 17s 6d; Casey and Miller (Sawyers’ Bay), 16 18s 9d.—The Otago Farmers’ Co-opera-tive Association sold: For George M’Leod (Owaka). 12 lambs 28s 3d, 12 26s 3d; Robert Bruce (Milton), 6 26s 3d; D. M'Gregor (Milburn), 11 26s 3d; T. John- ’ ston (Allanton), 2 255; Mrs C. M. Hagen (Milton). 3 23s 9d; Southland Farmers’ Co-op. (Invercargill),' as agents, 32 245, 37 23s 3d, 10 21s; A. Y. Smellie (North Taieri), 28 24s 6d. 21 23s 6d; Wm. Finch (Milton), 4 24s 9d; A. Main (Milton), 9 laipbs 245; D. Quelch (Milton), 6 lambs 235; T. H. Pugh (North Taieri), 9 22s 6d; a southern client, 4 trucks at quotations. The New Zealand Loan and Mercantile Agency Company sold: For Mrs M. H. Cowie (Milton), 6 265; J. A. Fowler (Mosgiel), 4 25s 9d; Wm. Drinnan (Milton), 9 25s 6d: Robert Murray (Clarksville), 4 255, 5 24s 9d, 4 23s 3d; D. A. Drinnan (Milton), 7 24s 6d, 3 245, 7 235, 6 21s 6d; a client, 7 245, 221 s 6d. Stronach, Morris, and Co. sold: For R. Baird (Mihiwaka), 1 lamb 28s, 1 19s 6d; W. Higgins (Middlemarch), 6 265, 27' 25s 6d; T. Graham (Mihiwaka), 6 225; a client, 223 s 3d. Fat Pigs.—There were 134 yarded. Owing to the largo yarding, prices dropped 10s to 15s per head on late rates. Dalgety and Co. sold: For North Otago clients, 9 baconers £4 to £4 10s Wright, Stephenson, and Co. sold: For H. Sharkey (Biroad Bay), 1 pig £5 Is, 1 £4 19s; W. Bell (Woodside), 4 £4 16s, 1 £4: W. Moynihan (Anderson’s Bay), 1 £4 Ils; J. Waugh (Momona), 1 £4 Ils; G. Sickles (Green Island), 1 £4 10s; J. M'Ewan (North-East

Harbour) 1. £3 14s. 1 £3; F. Wright (Outram), 2 £3 15s, 2 £3 13s; G. Wroble (Allanton), 3 £3 13s, 1 £2 14s; G. Sprott (Outram), 2 £3 9s; W. Wyllie (Mosgiel), 2 £3.- The National Mortgage and Agency Co. sold: For John Matheson (Otokia). 2 pigs £4 12s; D. B. Craighead (Middle-

march), 2 £3 ss. Donald Reid and Co. sold: For George Westwood (Brighton), 2 pigs £4 17s; A. A. Jopp (M«»jnt’Allan), 2 £4 16s; R. E. Tisdall (Middlemarch), 1 £4 11s, 2 £3 15s; Alex. Roger (Sandymount), 2 £4 10s; J. C. Leckey (Middlemarch). 2 £4 7s; John Paisley (Upper Junction), 3 £4 ss; Jas. Howard (North Taieri), 4 £4 ss, 2 £3 15s; Thos. Carlow (Highcliff), 1 £4 3s; Chas. Kingston (Milburn), 3 £4; R. Brown (Middlemarch). 2 £3 14s ; John Hamilton (Lee Creek). 1 '£3 12s, 3 £3 ss; Thos. Lyall (Wyllic’e Crossing), 1 £3 11s; Mrs M. Eade (Pine Hill). 2 £3 ss; Alex. Thompson (North-East Valley), 1 £2 17s; W. L. Wilson (Halfway Bush),. 1 £2. The Otago Farmers’ Cooperative Association sold: For Wm. Anderson (Wetherstones), 1 ( pig £5 2s, 1 £5 Is; Wm_ Allison (Moneymore), 1 £4 16s;.D. M'Kay (Portobello), 1 £4 16s, 3 £4 Ils; John Ford (Owaka), 2 £4 Ils; Alex. Forsyth (Owaka), 3 £4 15s P. Fahey (Owaka), 2 £4 13s; J. W. Kerr (Brighton), 1 £4, 2 £3 15s; J. D. Hogg (Owaka), 1 £3 17s. 1 £3 9s, 3 £3 6s; Jas. Williamson (Ratanui), 2 £3 6s; C. M’Leod (Outram), 1 £3 Ils ; J. P. Gardiner (Green Island), 1 £3 6s; W. Wyllie (Mosgiel), 1 £3 4s; R. Donaldson (Leith Valley), 2 £3 ss, 6 £3.: New Zealand Loan and Mercantile Agency Co. sold: For David Lundy (Morven), 3 £5 Is, 2 £4 19s, 3 £4 14s. 4 £4 Bs, 3 £4 2s, 2 £3 18s; John Horse (Maungatua), 5 £3 ss. Stronach, Morris, and Co. sold: For G. Lonie (Seacliff). 1 pig £5 4s, 1 £4 17s; Chas. Rollo (Roslyn), 1 £5 Is;- R. Ferguson (Seacliff), 1 £5, 2 £4 19s ; J. W. Hargreaves (Anderson’s Bay), 1 £4 13s; E. P. Heenan (Middlemarch), 2 £4 9s, 2 £4 Is; W. J. Keast (Middlemarch). 4 £4 8s; R. Brown (Middlemarch), 1 £4 8«, 2 £4 3s, 1 £3 7s; H. Hodges (Mount Cargill), 2 £4 4s; D. Booth (Leith Valley), 5 £4 Is; H Didham (Green Island), 1 £3 13s; Wallace Bruce (Momona) 1 £3 Is.

Store Pigs.—There were 74 yarded, and these sold under keen competition at prices firm on late rates. Dalgety and Co sold: For North Otago clients, 4 pigs 535, 3 58s.— —Wright, Stephenson, and Co. sold: For D. Cunningham (Portobello), 1 pig 375; A. M'Millan (Momona). 1 375, 2 35s 6d; T. Pugh (North Taieri), 3 35s 6d; F. Johnson (Momona), 235 - 6d, 1 34s 6d, 1 375; T. D. Heenan (Otokia), 1 355. 3 31s 6d ; G. Wroble (Allanton), 233 s 6d. Donald Re : d and Co. sold: For Peter Robertson (Shands'), 4 pigs 41s, 2 375, 3 355, 3 345, 228 s 6d; Alex. M'Millan (M--mona), 4 39s 6d; Jas. Kerr (Otokia). 1 35s 6d, 2 325, 1 29s 6d. 1 26s 6d: J. J. Walker (Otokia), 1 255. 3 21s. The Otago Farmers’ Co-operative Association sold : For C. M’Leod (Outram), 3 pigs 40s 6d, 4 39s 6d, 1 38s, 2 365, 2 345; Taieri client, 1 32s 6d, 230 s 6d 229 s 6d, 2 255; Peninsula client, 1 30s, 6 255; J. Hall (North-East Valley), 1 255. New Zealand Loan and Mercantile Agency Co. sold: For Mrs W. Burnett (Glenore). 3 30s 6d, 4 29s 6d, 2 295. Stronach, Morris, and Co. sold: For H. M'lntosh (Taieri Mouth), 3 £2 0s 6d. SHEEPSKIN SALE REPORT. The Dunedin Stock Agents- and Woolbrokers’ Association reports as follows:—■ Small-sized catalogues were offered beI fore a full attendance of buyers at Tuesday’s sale. Prices were slightly better than those obtained at, .the previous sale. The following is a range of prices:—kMerino full wool. 12d to 134 d; half wool,’ J to lOAd; halfbred full wool, 131 d to 14d; | half wool, 104 d to lid; quarter wool, to lOJd; fine crossbred full wool, 13Jd to 13£d; half wool, to Hid; crossbred full i wool, HJd to 12Jd; half wool BRI to • 10Jd; hogget, lid to 13|d; spring lambs, lid to 24d; pelts, best, 73d to Bid; pelts, faulty, 21d to 73d; merino, dead, 6d to Hid; halfbred, dead, lOd to 113 d; crossbred, dead, 83d to 9|d; lambs, 9d to 91d. WAIAREKA SALE. There was a fair entry of sheep at Tuesday’s sale at the Waiareka Yards. The yarding included about 450 fat lambs, all of good quality. The best of these sold at from 26s to 275. and the others at from 25s to 265. A single pen of prime fat wethers realised 31s 3d, while fat ewes sold at 20s and 20s 6d. Good and fullmouthed store wethers brought 21s 3d, but a pen of two-tooth ewes was passed, as was also a pen of old ewes and lambs. The yarding of cattle was fairly heavy, and included a number of graded Jerseys, which sold as follows: —Cows, 21Agns to *

23gns; heifer in milk, 154gns; yearling heifers, Signs. The fat cattle pens contained 26 head, but there were only two steers in the number and one good heavy animal brought £l2 10s, and a light one £6 17s 6d. Extra prime aged cows realised £7 12s 6d; other cows from £7 down to £2 10s, while good heifers brought £6 10s, and others from £4 10s to £5 10s. A line of three-year-old store steers was passed at £6 17s 6d, but other stores were sold as follows:—Two and a-half to three-year-old steers, £7 Ils; 2 to 2-J-year-old steers, £4 2s 6d to £5 2s 6d; 24-year-old heifers, £3; yearling to 18-month-old steers, £3; well-bred Shorthorn calves, 41s.

Jhere was a large yarding of dairy cows, and prices were low, the best cows bringing £7 and the rest ranging down to £2 17s 6d. Good heifers in calf brought from £4 12s 6d to £5. There was a medium offering of pigs, and prices were down by from 6s to 8s a head, the range being as follows: —Slips, 34s to 435; best weaners, 23s 6d to 26s 6<l; medium weaners, 20s to 21s 6d. GLENAVY SALE. The opening sp.le of the year for Glenavy was held on Jah. 10. There was a yarding o£ 1203 fat lambs with a pen or two of fat wethers and ewes. The quality of the lambs on offer was extra good. Tho fat stock buyers, commenting on the fact, remarking that the lambs were easily the primest that they had seen in any yards this season. The way buyers bid bore out these remarks, the yarding being sold under the hammer at full schedule rates. Prime heavy lambs made from 26s 4d to 28s, prime light lambs 24s 6d to 26s lOd, •lighter lambs 23s 4d to 24s 3d, ewes in. wool 255, shorn heavy ewes 23s 9d, shorn wethers 255. There was a large attendance of farmers keenly interested, and ' much speculation before the sale commenced as to prices. In every case sellers were well satisfied with the prices received, and it looks aS if this popular fixture will more than "maintain its reputation as one of the 'best fat stock saleyards in South Canterbury.

ADDINGTON MARKETS. CHRISTCHURCH, January 12. There were small entries in all the sheep classes, cattle number;. being about the same. There was a good sale- for fat lambs and fat sheep. Fat cattle were a shade easier.

Store Sheep.—There was a fair-sized entry. Lambs sold very spiritedly, making from 19s 7d to 21s 6d, and a few special to 22s 7d'. Ewes sold at ate rates. Soundmouthed ewes and lambs brought to 21s 3d; inferior ewes and lambs/14s 9d; small two-toothed ewes, 25s 6d to 26s lid; two and four-toothed halfbred ewes, 30s 6d to 335; two-toothed halfbred ewes, 31s to 325; four, tix, and eight-toothed halfbred ewes, 25s 4d to 25s 9d; mixed-sex rape lambs, 19s 9d to 21» lid; mixed-sex Down lambs, 19s 6d; crossbred ewe lambs, 22s 7d; four and six-toothed half bred wethers, 23s 6d. ■ -

Fat Lambs. —There was a small yarding of 2550 head, and a hardening sale, prime Under 36’a making 9d and all overs Bd. Extra prime made to 31s Id; prime, 26s 6d to 295; ..medium, 24s 3d to 26s 3d; unfinished, lambs, 22s 3d to 245. Fat Sheep.—An entry of 10 races was forwarded, which included some very prime lines of wethers, one truck from Invercargill making from 32s 4d to 33s Id. The sale was firm at last week’s rates. Extra prime wethers realised from 31s 6d to 36s lOd; prime wethers, 27s 6d to 31s; medium wethers. 25s to 275; light wethers, 22s 6d to 24s 6d; extra prime ewes, to 26s 6d; prime ewes, 22s 6d to 255; medium ewes, 19s 6d to 225; light ewes, 17s 6d to 19s 3d; aged ewes, 16s ’d to 17s 3d.

Fat Cattle.—There were 475 yarded, with a heavy proportion of cows. Good beef was unaltered, but rougher was down by 15s per head. Prime mediumweight beef brought from 35s 6d to 37s 6d per 1001 b; best heifer, 34s 6d to 36s 6d; heavy-weight, 33s to 355; medium quality, 32s 6d to 345; -ordinary, 28s 6d to 31s; rough down to 255. Extra prime steers made from £l4 to £l6 2s 6d; prime heavy steers, to £lB 2s 6d; -.rime mediumweight steers, £l2 to £l3 15s; light steers, £9 to £ll 10s; extra prime heifers, to £l3 2s 6d; prime heifers, £8 15s to £11; ordinary heifers, £6 10s to £8 10s; light heifers, £5 5s to £6.55; extra prime cows, to £l2; prime cows, £7 5s to £lO ss; medium cows, £6 to £7 10s; light cows, £4 5s to £5 Jj>s. .

Vealers.—There was a larger entry of vealers, but barely sufficient to meet the demand. Values were: Runners, to £7 15s; good calves, £5 to £6; medium calves, £3 15s to £4 15s; small and inferior calves, 15s to 355.

Store Cattle.—There was a fairly large entry, and a satisfactory demand. Good three-year-old steers brought to £8 ss; steers o f various ages, £7 12s 6d to £8; good cows, to £5; medium cows, £3 to £4; inferior cows, 30s to £2 10s; bulls, £4 to £B.

Dairy Cattle. —Dairy cattle showed a slight improvement. The entry totalled 32 head. Good second, third, and fourth calvers realised from £8 10s to £ll ss; extra good, to £l5 15s; medium sorts, £6 10s to £8; inferior sorts, £3 10s to £6; springing heifers, £5 5s to £9; old cows, £1 10s to £3.

Fat Pigs.—There was an exceptionally big entry, and all-round lower values, particularly for baconers. Choppers made from £3 to £4 ss; light baconers, £3 7s to £3 15s; heavy baconers, £4 to £4 8s; extra heavy, to £4 15s 6d. The average price per lb was 6d t„ 6|d. Light porkers brought from 47s to 525, and heavy porkers from 55s to 645, the average price per lb be.ng 7|d to Bd. Store Pigs.—The entry was one of the largest for a long time. The sale was a very dragging one, and values all round were by 3s 6d to 5s lower. Small weaners made from 13s to 19s; better sorts, 20s to 235; small stores, 24s to 30s; medium stores, 31s to 365; large stores, to 455.

SOUTHLAND MARKETS. (From Our Own Correspondent.) INVERCARGILL, January 14. GRAIN.

Oats.—-This market is decidedly dull and somewhat depressed owing possibly to the Government statistics of oats in store and to the absence of business and the lower prices quoted by speculators for forward business in new crop. Prices jot prompt delivery have eased somewhat, and quotations are now being made from more than one local merchant at: A’s, 4s; B’s, 3s 9d, f.0.b., s.i. The consensus of opinion due to a rough census of oats actually held by merchants is that tocks are light other than those held in store on account of northern buyers. It is quite evident that the price to growers for the new season’s oats will be very much lower than that of last year. Chaff.—ln the almost entire absence of business values have dropped considerably, the utmost merchants are willing to pay being £4 per ton, "on trucks, for prime quality, and then their operations are confined to a matter of a truck or two. It is difficult to see how there can be any improvement in this article. In so far as the new crop-of oats and chaff is concerned it is fairly evident that the totals will fall much shorter than last year, the area under cultivation being apparently not more' than twothirds of the previous year. Ryegrass.—Now that the distributing trade to users is over until the autumn demand sets in it is anticipated that there will be little movement, though inquiries are already coming in from Australia, from where the demand is assured in view of the high price quoted by British houses. That source of supply owing to adverse weather conditions is practically cut off so far as the Australian merchants and users are concerned. Stocks held are by no means heavy, several merchants having little more than 100 sacks or so left unsold, and tor the autumn trade it is not anticipated that prices will be reduced to any extent, as the new crop, so far as Southland is concerned at least, cannot be on the market in time for sowing down in Australia

s t°ck market is quiet and most of the business transacted is confined principally to fat stock for local requirements and fat lambs fc-i export. Fat cattle are in plentiful supply, and have the appearance of being so right through the summer, ana prices have eased during the last, two months. Fat sheep are also coming forward freely, and there *are more offering than needed for local consumption, but with .the freezing works operating there may be quite a, number of the lighter

wethers disposed of for overseas. Fat lambs are coming forward in large numbers, good drafts being obtained from the mothers. The store sheep market is quiet and little or no business is being done, but with the shearing nearing completion, there will be more offering. Store cattle are selling well, and with an abundance of feed, any young cattle offering meet with a ready sale. Fat Cattle.—Prime heavy bullocks, £l2 to £l4 10; medium weight do, £lO 10s to £ll 15s; prime heavy heifers, £8 to £10; medium do, £6 10s to £7 10s; prime heavy cows, £7 10s to £9 15s; medium do, £5 15s to £5 10s; vealers, to 355; runners, to £3. Prime ox beefi, to 30s per 1001 b; prime heifer do, 27s 6d to 30s per 1001 b; cow beef, 20s to 22s 6d. per 1001 b. 1* at Sheep.—Prime heavy wethers, 27s 6d to 30s; medium-weight do, 24s 6d to 265; prime heavy .ewes, 20s to 24s 6d; medium do, 15s to 17s; heavy butchers’ lambs, 24s 6d to 265; freezing lambs, 22s to 23s 6d. Stere Sheep.—Two-tooth ewes, 28s to 31s; two-tooth wethers, 18s 6d to 20s 6d; mixed-sex lambs, 18s to 19s 6d (as dropped) ewes and lambs, aged, all counted, 14s 6d to 16s.

Store Cattle.—Three-year steers, £8 to £9 10s, two-year do, £6 to £7; yearling do, £3 10s to £5; two-year heifers, to £3 10s.

OAMARU MARKETS. (From Oun Own Correspondent.)

. OAMARU, January 14. J.he Oaroaru grain market continues to be inactive. No business to speak of has yet been done in this season’s wheat, though offers for forward delivery are reported to have been made at prices in the neighbourhood of 6s per bushel. Most of the old season’s oats have now been cleared, and the new season’s supplies are expected to come in during the next few weeks. The market for oats is so thoroughly disorganised that it is impossible to prophesy with any degree of accuracy what prices will be offered for this seasons Gartons. The present indications are that the crop will be a heavy one. A small line of under-grade malting barley was sold this week at 3s 9d per bushel, ex store.

Grass seeds have not yet commenced to come in, but there are indications of a heavy yield of perennial rye, Western wolths, and clover.

The live stock market has shown a great deal more animation this week, and there has' been a considerable demand for store stock of all descriptions. This is no doubt due to the super-abundance of grass and root crops that is to be found on every hand. A line of 400 two-tooth wethers has been sold straightout at 18s per head. Six and eight-tooth station wethers in forward condition have sold at 20s. Station ewes have been purchased on forward delivery at 26s 3d, and small hill lambs at 13s 6d. Extra good paddock lambs for forward delivery have realised as high as 235. Fat bullocks are fetching 34s per 1001 b, fat heifers 30s, and fat cows 15s to 20s. Fat wethers have been selling at from 29s to 325, fat ewes from 16s to 17s, and extra choice ewes up to 235. Fat lambs for the freezer are still realising Bid per lb for 36’s and schedule prices for other weights. Lambs off the mothers are reported to be disappointing in weight. FRUIT AND PRODUCE WORLD. Reilly’s report: Receiving full supplies of fruit. Those requiring jam raspberries, black currants, loganberries, peaches, plums and apricots should let us have their orders immediately, the crop is light and those delaying tneir orders will be disappointed. Poultry, practicallv none forward, a few hens realised 2s 8d to ss, cockerels 3s lOd to 5s Bd. and chickens 8d to 3s 6d. We sold:— Section honey, 13s. Spring cabbage: Choice 4s, medium 2s, 3s. Cucumbers, 6s to 10s. Spring carrots, Is 6d. White turnips, Is 6d; spinach, Is 6d. Cauliflowers 45,. 12s. Lettuce: Choice to 2s 6d, small unsaleable.

Eggs: Slow sales, stamped Is 9d, case Is Bd, all at per dozen. ’ Butter: Bulk and dairy pats lid, ll£d, separator Is 2d, factory Is 3d. Honey: Choice bulk 101 b tins 7s. Comb foundation: Medium brood 3s. Strawberries: Choice Is 6d to 2s good to Is 6d.

Cherries: Choice Is to Is cooking 4d. Beauty Bath apples 6? cl, Bd. Gooseberries: Green 2d, 3d, ripe 6d to 9aF-

Rasps to Ud, pottles lOd to Is l£d. Red currants 4d, 6d, black 4d, 7d, white 3d. 4d.

Loganberries lOd. French beans 81>d, broad beans Ijd, 2d. 'TTocal grapes l s lid, 2s lid. Cherry plums 3d 7d, early rivers plums 4d, 6d.

Apricots: Choice to 9jd, mediums sd, 6d. Peaches: Jam sd; desserts sd, Bid. Walnuts: Choice Akaroas Is, peanuts, choice, sd. New potatoes: Locals lid. 2£d; Christchurch, Oamarus, Outrams 10s 6d, 14s cwt. Green peas: Extra choice 2d, 3d, mediums lid. Christchurch tomatoes: Choice Is, mediums 9d, lOd, seconds sd, locals ls 2d, Is 4id Nelsons 10s 6d, 14s case. Rhubarb lid 2id. Cheese: Mediums Bid. Tea: 51b,. boxes broken Orange Pekoe 2s 6d. / Beeswax Is 4d, Is 6d, horsehair Is lOd. Bacon: Medium rolls Is lid, choice ls 3 id.

Bacon pigs Bid, porkers Bid, heavyweights 6id, choppers 4d, Garlic Bd.

Apples: Sturmers, - choice, 12s 6d, Dohertys _ 13s, new season’s Gravcnsteins 16s, cooking 10s. Lemons: Californians 300 s, 3605, Festive brand 30s, Mission 325. Oranges: American navels to land 37s 6d. grape fruit 355. Onions: Californians, choice, 20s, Melbournes 16s 6d. Meatmeal 18s. Oyster grit 8s 6d. Fat: Best mutton 375, other fats from 19s to 245. cwt. Wood wool 37s 6d.

Molasses, in tins. 9s 6d. Economic egg crates, 20 dozen 16s, Champion 18s 6d. Fowl wheat 7s 9d, to 8s 3d. Oats: “A’ grade to 3s 6J, “B” grade to 3s per bushel.

Palmer’s Chick Food, 101 b 2s 9d 261 b 6s 3d, 501 b 12s; Oat-enstrpw 355,

Oatshcaf chaff: Choice to £6, Oatstraw chaff 60s ton.

Giraffe brand lime sulphur: Barrels Is Ud.

Black Leaf “40” : 21b tins 15s, 101 b tins . 50s. Spray pumps 12s 6d to £5. Strawberry punnets: Double strapped, ,ilb and lib 70s per 1000. Strawberry crates: 24 pottle crates 6s, 36 pottle crates 6s 6d. Reilly’s Central Produce Mart (Ltd.), Moray place, Dunedin. BANK OF NEW ZEALAND. i The following is a statement of the average amount of liabilities and assets of the Bank of New Zealand in New Zealand during the quarter ended December 31, 1926:— Liabilities. — Notes in circulation, £3,864,269; bills in circulation, £99,349; balance due to other banks, £416,781Government deposits, £2,383,149; other deposits—not bearing interest £10,813,196, bearing interest £10,854,208;—t0tal average liabilities, £28,430,952. Assets.—Coined gold and silver and other coined metal, £3,465,975; gold and silver in bullion or bars, £7073; legal tender notes of other banks, £55,209; notes and bills of other banks, £227,405; balances due from other banks, £18,237; landed property, £394,906; amount of all other securities—(l) Notes and bills discounted, £1,221,066; (2). Government (New Zealand or otherwise). ot ber funded securities, £447,106; (4) debts due to bank (exclusive of debts abandoned as bad) £21,720,724; (5) securities not included under the above heads, £257,324;—t0tal average assets, £30,868,597.

PERPETUAL FORESTS (LTD.). ihe report on finance and operations of New Zealana Perpetual Forests (Ltd.) to September 25, states that the nominal capital is £250,000 in 250,000 shares of £1 z'no’i ° f i £165,435 is subscribed, L98 ? 551 15s paid up. Debenture bond capital is reported as follows: —Net bond sales to November 1, 1924, 8432 bonds of £25 each, representing £210,800 subscribed; to November 1, 1925, 44,195 bonds of £25 each representing £1,104,875 subscribed; to September 25, 1926, 75,269 bonds ° f -v j each > re P r esenting £1,881,735 subscribed. Trustee reserve funds representing one-third of all fully-paid bonds to September 25, £36,675, of which £11,700 is in New Zealand Government securities and £16,234 in Australian investments; 2200 in first mortgages in New Zealand; £3048 in fixed deposits, Bank of New Zealand, Sydney and £9493 in uninvested funds with trustees. Freehold properties, including 18,900 acres under option to purchase, total 154,245 acres, and the area planted, including roads and firebreaks, is 59,307 acres. CARRERAS LIMITED. After .writing off all charges, including advertising, depreciation, directors’ remunerations, etc., the accounts of Carreras (Limited) show an available balance of £1,390,387. The directors recommend a final dividend on the ordinary and “A” ordinary shares of 35 per cent. (7s per share), free of income tax, making 50 per cent., free of tax, for the year. The sum of £120,000 has been placed to reserve for taxes, £22,918 to the employees’ superannuation fund; preference share dividends absorb £20,000, and the balance carried forward is £921,153. Out of this balance it is proposed to capitalise and to distribute bonus shares in the proportion of one bonus share for every two ordinary and (or) “A” ordinary shares held by shareholders on January- 6, 1927. This, will leave a net carryforward to next year’s accounts of £621,153. N.Z. INSURANCE COMPANY. AUCKLAND, January 13. Ihe directors of the New Zealand Insurance Company have declared an interim dividend of lOd a share for the half-year ended on November 30 last, pavable on February- 9 next. ROSS SEA WHALING COMPANY. The annual report and statement' of accounts of the. Ross Sea Whaling Company for the third working year, 1925-26, have just reached Dunedin There is some x local money invested in the comP ai ?- V > gives the figures some additioii'al interest for our readers. The report states that, as before, the whale-oil w.as sold on common account, together with the oil of several South „® a ,9 om P al ?i es ’ through the Norwegian M haling Association. Most of the cargoes were sold at £34 per ton for No. O/l, in the tanks. The average price worked out at £33 14s 5d net, with the usual reduction for inferior grades. The accounts show a surplus of £60,000, but it is pointed out that owing to the great increase in exchange through the enormous increase in the value of the rorwegiancurrency, the.profit is £82,500 less than it would have been under the previous year’s conditions. *! le general meeting on February- 3, 1J26 it was decided to increase the o’apital f^ 5 ’ 000 ’ bri PS in « «P to £3a0,000. The new capital was fully subscribed by the old shareholders. The available surplus of £60,000 was approas follows:—Depreciation, £24,000; reserve fund, £6100; percentage to the managements, £1500; ditto to the committee £400; dividend of 12 per cent, on the old capital, £21,000; fund for acquiring new chasers. £7500; carry forward to next year, £25.