COMMERCIAL.

Southland Times, Issue 16890, 15 November 1911, Page 7

COMMERCIAL.

ABOXCULTUBAL EVENTS 808 WEEK ENDING NOVEM3EE 18th. —Wednesday. November loth. — Mrs E. Hewitt’s sale at West Plains, by Messrs J. E. Watson and Co., Ltd. —Thursday, November 16th. — Stock Sale at Balfour. —Friday, November 17th.— Horse Sale at Otautau. OOBE STOCK SALS. The ■ fortnightly stock sale at the Gore yards yesterday was considerably Interfered with by the rain (says the “Ensign.”). The entry of sheep was up to former sales, there bins perhaps a somewhat larger entry than usual of ewes- with lambs at foot. These looked anything but bright and saleable owing to the rain, and buyers were not in a mood to speculate except at reduced rates. The sale dragged and several lots tver.e passed in. A driving cold rain continued during the sheep sale, bat the weather cleared up afterwards and the cattle were sold under better conditions. The following sales had been effected up to the time of our going ..to press : Southland Farmers’ Co-operative Association : 30 fat wethers, 18s 9d ; 40 fat hoggets,' 15s 9d : 26 fat enves, 12s : 27 4- and 6-tooth fat wethers. 17s 6d ; 26 ewes and lambs (all counted). 15s 9d ; 101 do., 7s 5d ; 80 do., 7s lOd ; SO do., 8s lOd ; 2 fat lambs, 13s ; 6 do., 10s 7d : 80 do., Ss lOd. Passed in ; 150 «wes and lambs, 7s 6d. Wright, Setphenson and Co. : 10 fat ewes, 10s 6d ; 2 fat ewe hogegts, ’23s 8d ; 16 fat ewes, 13s 6d ; 62 hoggets, 8s 3d. Passed In: 320 ewes and lambs at -8s 7d. Henderson and Co. : 44 fat wethers. 15s Gd.; ~27 do.. 17s 6d ; 84 ewes and lambs, 11s lOd (a good line) ; 30 ewes and lambs,Tss 3d ; 101 ewes and lambs, 13s; 10 ewes, 9s 6d. Passed In: 61 awes'and lambs, 7s 9d. New Zealand Loan and Mercantile 'Agency Company ; 34 ewe hoggets. 14s 7d ; 112 ewes with lambs, SsTOd ; 49 do., 8s 2d f 56 do.. 8s 2d; 100 do., Ss Id. Passed In': 154 do.. 7s 9d ; 225 do., 8s ; 150 forward wethers, 19s lOd. National Mortgage and ' Agency Company: 30 fat wethers, 19s 6d ; 26 ewes and-Ifunbs, 9s 2d. Passed in ; 58 do., Bs. ij 4 Dafgety and Company passed in 44 hoggets at 7s. CBBXSTCHUBCH products market (Per United Press Association.) CHRISTCHURCH, Nov. 14. The grain and produce market has hardly Settled down since last week’s holidays and consequently little business Is doing. Wheat Is being firmly held, and offerings are somewhat, scarce. The price of flour has been reduced 10s per ton, and the lower price Is being offered for wheat by some of the millers; but growers vyho have offered samples during the last two days have shown no disposition to accept a lower figure than they have lately been asking. Theife !s a good demand for whole fowl wheat, and this tends to keep the price of milling wheat firm. There is no business doing In oats, Of which there are no stocks available. ■ Oat-sheaf chaff Is easier in ' consequence of the good supply of feed, and 553 to 90s Is now being offered at country' stations. Potatoes, pre .now practically unsaleable,’ 25s at country stations being the nominal price. Growers have held too firmly, .and- the close of the season finds more- stocks left than are required, as new potatoes ‘are now on the market.DUNEDEBT STOCK EXCHANGE. , ;V DUNEDIN, Nov. 14. ' Stock Exchange sales :—Waihl Grand Junction, £1 13s '3d C 8 weeks delivery). Sales reported : Talisman Consolidated, £2 10s ; Waihl Grand Junction, £1 13s 6d ; N.Z. Paper Mills, £1; Standard Insurance, £1 11s 6d. WAXHI SHABEB, LONDON, November 13. The following, are quotations for shares: —Waihl shares, 60s to 625; Junction, -33s -Id to,.y4s. 4d. . MOSGEEL WOOLLEN COMPANY. - DUNEDIN, Noy. 14. The thirty-eight annual meeting of the Mosgiel Woollen Factory Company was held to-day. In moving the adoption of the report and- balance-sheet, the chairman (Mr John Roberts) said that, the year had been satisfactory. The directors had written off £3OOO for depreciation and increased the carry forward' by £458, after making allowance for a 6 per cent dividend. The outlay for new plant during the year was £3296. The motion was carried. The retiring directors (Mr and the HOn. T. Fergus) were re-elected.-N.Z. & A. LAND CO. LONDON, Nov. 14. Received November 14, 10.30 p.m. The report of the New Zealand and Australian Land Company showed a profit of' £272,013. A further dividend of 4 per cent, and a bonus of 7 per cent, have been declared ; £BO,OOO has been added to the contingency fund and £2013 Carried , forward.