COMMERCIAL

Southland Times, Issue 22051, 26 June 1933, Page 2

COMMERCIAL

CITY STOCK EXCHANGE. SATURDAY’S QUOTATIONS. At the call-over on the Invercargill Stock Exchange on Saturday morning the following prices were quoted:— Banks. Commercial: b 16/3; s 16/6. Commercial, pref. 4 per cent, (cum.): b £8 15/-. E.S. and A. Bank: b 98/-. National of New Zealand: b 76/6. New South Wales: b £3l 15/—. New Zealand: s 47/6. Union of Australia: b £8 10/-. Breweries. New Zealand Breweries (shares): b 33/6. Staples’ Brewery: b 26/6. Tooth’s Brewery: b 36/-. Coal. Westport Coal: b 12/2. Insurance. National: b 16/10; s 17/2. New Zealand: b 49/9. South British: s 69/6. Standard: b 52/-. Loan and Agency. Dalgety and Co.: s £9 12/6. Goldsbrough, Mort and Co.: b 26/9. National Mortgage (B): b 22/-. Wright, Stephenson & Co. (ord.): b 10/3; (pref.): b 12/-. Meat Companies. N.Z. Refrigerating (10/- paid): b 5/9; s 5/11. Southland Frozen Meat (£1 ord.): b 45/6; (10/- ord.): b 22/7; (£1 pref.): b 45/6. South Otago Freezing Co.: b 87/6. Mining. Electrolytic Zinc (ord.): b 20/-; (pref): b 31/-; s 31/6. Gillespie’s Beach: s 1/7L Waitahu: s 7/3. Kildare: b 2/1; s 2/5. King Solomon: b 1/11; s 2/2. Mount Lyell: s 22/9. Okarito: b 9/10; s 10/-. Waihi Grand Junction b p/3. Nokomai: b 3/10; s 4/1. \ Freshford: s 1/2. 1 Big River: s 1/5. Central Shotover: b lljd; s 1/01. Shipping. Huddart-Parkei- (pref.): b 22/3. Union Steam Ship Co. (pref.): b 22/3. Woollen Mills. Bruce (ord.): s 10/-. Mosgiel: b £8 2/6. Miscellaneous. British Tobacco (Aust.): b 34/-; s 35/-. Dominion Investments: b 20/-. Dominion Fertilizer: b 12/3. Dunlop Rubber (Aust.): b 18/2; s 19/-. Milburn Lime and Cement: b 28/3; s 29/3. New Zealand Drug: b 63/6; s 64/9. N.Z. Farmers’ Fertilizers: s 16/6. New Zealand Paper Mills: b 26/-; s 27/3. Wilson’s (N.Z.) Portland Cement: b 32/-. Debentures. 31 per cent. Stock 1938: b £lOO. 31 per cent. Stock 1939: b £lOO. 4 per cent Stock 1940: b £lOO 10/-. 4 per cent. Bonds 1940: b £lOO 10/-; s £lOO 15/-. 4 per cent. Stock 1946: b £lOO 10/-; s £lOO 15/-. 4 pei' cent. Bonds 1946: b £lOO 10/-. 4 per cent. Stock 1949: s £lOO 10/-. 4 per cent. Stock 1955: s £lOO 10/-. Sales Reported. Goldsbrough Morts: 27/-. NORTHERN EXCHANGES. (Pet United Press Association.) Auckland, June 25. Sales on ’Change (Saturday): National Bank of New Zealand, £3 17/6; Kempthorne Prosser, 64/3; Union Bank £8 11/-; Union Oil, 24/3; Golden Dawn 1/BJ.; (Unofficial List): Bell Hooper 1/1, IHd. Wellington, June 2a. Sales reported: Inscribed stock, 4 per cent, 1946, £lOO 10/-; Bank of New Zealand 47/- (ex div), both late Friday.

burton. Cambridge, Canonesa. H.M.S. Dunedin, H.M.S. Laburnum, Marama. Monowai. Rangitiki, Tamaroa, Turakina. H.M.S. Veronica. , Awarua: Maunganui, Surrey, Makeura. Matai, Port Pirie. Otira, Wainui. Chatham Islands: Nil. TELEGRAPHED REPORTS. COASTAL AND OVERSEAS. (United Press Assn—Telegraph Copyright.) Auckland, June 25, Sailed (Saturday): Tees at 11.40 p.m, for Gisborne; Canadian Challenger at 3.40 p.m. for Napier. Arrived (Sunday): Canopus at noon from Westport; Kartigi at 4 p.m. from Westport. Wellington, June 2a. Arrived (Saturday): Holmdale at 6.45 a.m. and Maori at 7 a.m. from Lyttelton; Kalingo at 7.15 from Sydney; Calm at 8.50 p.m. from Lyttelton; Sir Karl Knudsen at 9.15 p.m. from Singapore; John at 10.20 from Waikato; Gabriella at 3.5 p.m. from Greymouth; (Sunday): Port Whangarei at 3.10 a.m. from Auckland; Opihi at 6.30 from New Plymouth; Rangatira at 7, Totara at 7.30 and Holmglen at 10.50 from Lyttelton. Sailed (Saturday): Tamaroa at 7 a.m. from Southampton; Port Victor at 10.25 from Auckland; John at 2.30 p.m. from Dunedin; Calm at 6.35 from Wanganui; Maori at 7.50 from Lyttelton; Holmdale at 8.5 for Wanganui; Kalingo at 8.10 and Onepuhi at 11 from Napier; Sunday) : Northumberland at 7.5 a.m. for Auckland. Lyttelton, June 24. Arrived (Saturday).—Totara at 6.5 a.m., Holmglen at 8 a.m. from Timaru; Rangatira at 6.50 a.m. from Wellington. Sailed (Saturday).—Totara at 12.5 p.m., Holmglen at 12.10 p.m. and Rangatira at 8.30 p.m. for Wellington; Storm at 3.30 p.m. for Bluff. Arrived (Sunday).—Maori at 6.55 a.m. from Wellington; Turakina at 11 a.m. from London. Dunedin, June 25. Arrived (Saturday).—Surrey at 2 p.m. from Lyttelton. Sailed (Saturday).—Waimarino at 11.30 a.m. for Oamaru; Gale at 5.10 p.m. for Timaru; Kini at 10.40 p.m. for Oamaru. Arrived (Sunday).—Poolta at 7.20 a.m. from Wellington. London, June 23. Arrived at Panama: Port Hunter and Ruahine. Sailed: Taranaki from Las Palmas; Monowai from Vancouver; Port Dunedin from Curacao; Zealandic from Las Palmas. London, June 24. Arrived (at Colon): Port Dunedin. Called at Dakar: Orari. Sailed (from Shields): Mamari.

BRAY BROS. Messrs Bray Bros, report auction prices as follows —Apples—dessert 3/6 to 8/- case; cooking 3/- to 6/-; lemons (N.Z.) 20/- to 25/-; oranges (Poorman) 12/- to 13/-; pears 1/6 to 3/-, and cases 3/6 to 7/-; artichokes, beetroot to Id lb; cabbage 1/- to 3/6; cauliflower (scarce) 5/- to 9/-; carrots 8/- cwt; celery 2/- to 3/-; marrows to lid lb; melons lid lb; onions 5/- sack; parsnips Id lb; potatoes 4/- cwt; pumpkins lid lb; honey 101 b tins 4/6, 51b 2/6. General: Horse cover, green flax (lined) 25/-. New locally made “Rimu” furniture including beds from 54/6; duchesses from 70/-; wardrobes with mirror from 125/-; kitchen chairs from 7/6; china cabinets with leadlights from 132/6. F. BOWDEN AND CO. F. Bowden and Co. report good supplies of apples and pears arriving and are meeting with a better demand. Oranges are off the market but fresh supplies, together with bananas, will be to hand about Thursday. Lemons and Poorman oranges are plentiful. Cabbage and cauliflowers are wanted, other vegetables are plentiful. A better inquiry exists for produce of most descriptions and full stocks are on hand. Good lines of table potatoes are wanted. The week closed with prices ruling: Tree tomatoes lid to 2d lb; pears 2/to 3/- box; apples 4/- to 7/-; lemons 22/6; Poorman oranges 11/6 case. Vegetables, Produce Etc.—Parsnips IJd; carrots Id lb; cauliflowers, small 2/-; cabbages 3/- dozen; pumpkins l.ld to lid; vegetable marrows lid; jam melons IJd to 2d lb; oatdust 4/6; onions 6/-; swedes 1/- s.b.; wheat 11/- to 13/-; pollard 8/-; bran 6/6; shell lime 2/-; carbonate 2/6; oats 7/-; crushed oats 6/-; sorrel 4/-; barley 15/- bag; honey 2/6 and 6/-; mutton birds sd; garden manure 1/6 bag; potatoes £3 10/- to £4; straw £3; chaff £3 to £3 10/-; hay £4 ton. Dairy Cows. —2 at £6 10/-, 3 at £6, £5 10/-, 9 heifers £3 12/6; covers 15/lo 20/-. Horses.—£34 10/-, £29, £ll, £lO, £5; cart £1 10/-; horse clippers £1 10/-; covers 25/- to 35/-. Timber.—Heavy stocks arc on hand and selling well just now; sawn timber 12/- to 15/-; totara posts £5 to £6, broadleaf £4 to £5; stakes 20/- to 35/-; droppers 12/- 100; strainers 5/to 8/-. Meat. —Hutton, shoulders and loins 2d to 2£d, legs 3d to 3£d; beef, roast and boiling 3d to 31d lb. General—Meat safes £1; rabbit traps 24/-; nets 6/-; camp oven 4/-; wheelbarrows 25/-; heavy gate hinges 6/6 to 8/6: English hardware, roofing iron 5d ft; No. ” galv. fencing 20/-, No. 9 21/-, No. 10, 22/-; barb 28/- cwt; 3ft netting 11/-, 6ft netting 22/-; Cyclone and sheep netting at lowest market rates; tea 2/6 lb.

D. W. McKAY LTD. Messrs D. W. McKay Ltd., Exchange Mart, Invercargill, report as follows:— Fruit and Produce.—We received exceptionally heavy supplies of fruit during the week including apples, pears, oranges, lemons, bananas, grapefruit, tomatoes. The demand for first grade dessert sales is improving also for large cookers, bananas are reasonable in price. We sold Delicious apples 7/- to 8/6 for firsts. Jonathans 6/6 to 7/6, Cleos, and Ballarats 5/6 to 6/6, cookers 4/6 to 6/-, small sizes 3/- to 4/6; oranges, American 42/6; bananas, ripe 21/-; tomatoes 4d to 6d; celery 2/6 to 4/-; lettuce 4/6 to 7/6 case; carrots, parsnips 2/6 to 3/6 bag; turnips 2/-; potatoes 4/6 to 6/- bag; wheat 14/- and 15/-; seconds oats 4/6, first 7/-; bran and pollard, current rates; onions 5/6 bag; pumpkins and marrows 9/- to 12/- cwt; jam melons 12/- *to 16/- cwt. Good sales of G.C. iron, doors, sashes, ranges, counters, timber, barrows etc. We recommend our new furniture follow prices and good quality. Exchange Tea unsurpassed at 12/6 box, tea in 51b bags 7/6. THE RIALTO. William Todd and Co. Ltd. report as follows for week ending Saturday, June 24:— Pigs.—Fair demand for good stores and well grown weaners. Small weaners poor demand. Small weaners 2/to 5/-, medium 6/- to 7/9, large 8/- to 12/9, small stores 12/-. to 16/-, stores 19/6 to 30/-, sows in pig £3 2- to £3 2/6, young large white boars 25/- to 30/-. Poultry'—Good demand. Hens 1/3 to 2/4; young W.L. hens 2/6 to 3/8; W.L. Pullets 5/-; Minorca pullets 5/- to 5/7; orpington pullets 5/2 to 5/7; cockerels 2/- to 2/6; minorca cockerels 9/- to 10/3. Ducks 3/- to 3/1. Geese 2/10. Turkeys 6/6 to 11/3. Ferrets—Keen demand for guaranteed workers, 15/- to 22/-; others 5/to 7/-. Nets 6/- dozen. Horses—Aged draught £l5. Bacon Pigs.—We are cash buyers of bacon weights 120 to 1501bs at 3j. lb freight paid. Produce.—Table potatoes, market firmer. Prime quality Arran Chief £4; King Edwards £4 10/-. Onions 7/- 100 lb bags; chaff £3 5/- to £3 10/-; discoloured chaff 2/6 sack; hay £3 to £3 10/-; straw £2 15/-; wheat 12/6 to 13/-; oats 7/-; Farra food 7/6; Poaka pig food 7/6; pollard 8/-; bran 6/6; Moose meal 16/-; Moose nuts 15/-; meat meal 11/-; liver meal 11/-; bone meal 11/-; rock salt 8/-; molasses 8/-; oyster shell grit 6/-. Miscellaneous.—English barb wire 29/-; No. 8 galvanized 20/-; No. 9 21/-; fowl netting 12/-; rabbit netting 19/-; sheep netting 19/-; 6ft netting 22/6; plunge baths 65/-; kauri washtubs 55/-; portable boilers 92/6; tanks 47/6; roofing iron 2/4; timber 12/- to 14/100; dressed timber 22/-; droppers 12/-; stakes 20/- to 30/-; totara posts £5 to £6 100; draught collars 35/-; horse covers 27/6; cow covers 10/- to 15/-; mutton birds sd; Ceylon tea 51b boxes 12/6. Vegetables.—Cabbage, good demand 2/- to 3/9 doz; cauliflower 6/-; carrots 6/- cwt, parsnips 8/-; carrots for rabbiters £5 ton; marrows lid lb. Hedge trees.—Macrocarpa, pinus insignus, pinus muricata, olearia, white escalonia 20/- to 25/- 100; ornamental shrubs from 2/-; apple trees 3/-.

GORE HORSE SALE. GOOD PRICES RULING. There was an excellent demand for good quality horses at Messrs Wright, Stephenson and Co.’s monthly Gore horse sale on Saturday. There was a very large entry of draughts and light horses and a good attendance of the public who made competition for all the better lines of draught horses very keen. Sales for attractive young horses were steady at upwards of £3O 'and the top price of the sale was £45 for a five-year-old bay gelding, several others reaching and exceeding £4O. Older horses sold at prices ’ ranging down to £5 10/-. Sales were as follows: Bay gelding seven years £2l 10/-, do. aged 23, do. seven years £3l 10/-, black gelding five years £39, bay mare four years £37, bay gelding five years £32, do. £37 10/-. do. four years £4O, do. five years £45, do. four 'ears £42, aged gelding £2O 10/-, bay mare seven years £26, dark bay mare five years £3B, bay mare four years £36, aged gelding £5 10/-, bay mare seven years £2O 10/-, bay gelding eight years £2l, do. aged £ll 10/-, do. aged £2 10/-. Passings were: Bay gelding three years £36 10/-, do. five years £37 10/-, do. ' six years £3B 10/-, do. four years £36 j 10/-, black mare aged £l9 10/-, aged gelding £l4, hack five years £4, pony ! £4.

WYNDHAM HORSE SALE. (From Our Correspondent.) Messrs Dalgety and Coy. Ltd., report having held their first Winter Horse Sale of the season on Thursday last, when an entry of close on 40 horses was received. The entry comprised a lot of good sorts of farm workers together with an outstanding horse or so of extra quality. Good young farm horses were in demand and the bulk of the entry of this class was easily disposed of. Fair prices were offered for other descriptions but vendors’ ideas of values were a little on the high side. We sold as follows: 1 extra good 4 yrs dr. mare by Archial and in foal again £44. 1 Byr Stud Book mare £37; 1 3yr filly £32; 1 dr. mare Byrs £26 10/-; 1 do 6yrs £26 10/-; 1 Byr do. £22; 1 light 6 year mare £27 10/-; 1 ligh'; dr. mare 8 years £l9; 1 aged do. £l4; 1 6yr dr. gelding £3O; 1 aged do. £2O; 1 do. 8 yrs £22; 1 light do. 4yrs £25; 1 do. 3yrs £2O; 1 dr. do. 4 yrs £3l 10/-; 1 do syrs £2B; 1 unbroken 3yrs £24 10/-; 1 aged harness mare £l3; 1 aged harness gelding £6; older sorts from £3 down to £l.

MINING. GOLCONDA GOLD MINING COMPANY. The manager of the Golconda Gold Mining Company reports the following work for the week ended June 10:— Seventy-foot Level. —The leading stope was carried along to the rise, and it was necessary to timber to keep this secure. There is a mass of quartz in the right hand wall, on the south end, but very little has yet been broken, and, w'ith the underlie, the junction of the main and branch reefs is still some distance ahead. A few colours of gold were seen in the ore broken out. In the hanging winze from the tunnel level we have holed through to the footwall winze, and it is now obvious that the reef worked on at the intermediate level north is not the main reef. We had to crosscut about 12 feet to make the connection in the quartz stringers all the way. Wc will have to continue the 70 feet level north on the reef to pick up this formation, as it will be the only way to work it economically. The quartz looks very promising, and shows a few colours of gold, silica, and zinc blend. CROMWELL FLAT MINING. It is reported in mining circles that’ the Bell-Kilgour claim, which will be taken over by a Dunedin company in a few days, is still producing very rich returns. One day this week, it is stated, nearly 20 ounces were obtained in a few hours. Shares in the company are stated to have been very largely over-subscribed, and already selling at a substantial premium. PROGRESS AT NOKOMAI. Mr G. W. Thomson, mining engineer, reports having just returned from a visit to Nokomai, where he made a close inspection of the plant. The plant, being a new departure in mining operations, naturally presented some unforeseen difficulties, but these have been overcome and the plant is now running smoothly and giving satisfaction. Owing to the abnormal floods experienced a few weeks ago, the seepage presented some difficulty, but the pumps are now successfully coping with this. Unfortunately, on the old paddock being dewatered, it was found to contain six feet of silt, and this considerably hampered the digging operations and caused unavoidable delay. However, this has now been removed, and will be non-recurring. Some further slight delay has recently occurred due to severe frosts. Up to one-third of an acre has now been excavated to within six feet of the bottom, and two cuts are made right to the bottom, laying bare approximately 1200 square feet of floor, thus proving conclusively the capability of the machine to dig the very hardest wash. Operations will now be concentrated on removing the balance of this six feet. The nozzle will then be brought into play, the whole floor cleaned up, and a wash-up announced. It is this bottom layer to be cleaned with the nozzle that contains practically the whole of the gold. When this work is completed the claim may be said to be fully opened out. The excavator will then be working on a face from top to bottom, and periodical returns will be reported. OPERATIONS AT WETHERSTONES. Hie Wetherslones Gold Mining Company’s engineer reports as follows:— The shaft is down 171 ft and timbering completed to about 155 ft. Sinking has now been renewed. Sufficient electric power is being supplied to drive the company’s own compressor in place of the temporary one used to date. Preparations are well under way for sinking the first 40ft of the vertical shaft. This is a special job requiring a special watertight concrete collar to prevent seepage of water into the mine. The head frame and trestle work for this inclined shaft are nearing completion. Good progress is also being made in the cleaning out of the old race to bring in the water supply necessary for sluicing the spoil from the shaft.

GILLESPIE’S BEACH GOLD DREDGING COMPANY. The latest report from the claim advises that all work is progressing satisfactorily, and the erection of machinery is well in hand. The contractors for the electrical work also advise that they expect to complete their contract by the end of August. To determine the best route to start dredging, the directors are having an area closely bored, around the present site of the dredge, and the boring operations were commenced last week. COMPANIES REGISTERED. The Mercantile Gazette notifies the registration of the following companies:— Nevis Diesel Electric Dredging Company, Ltd. Registered May 31, 1933. Office: Princes street, Dunedin, Capital: £39,000 into 780,000 shares of 1/cach. Subscribers: Dunedin—J. Scott 6000, A. J. Campbell 15,000, J. Fowell 15,000, Investigations, Ltd., 60,000. Gore —D. S. Mackenzie 10,000. Christchurch —R. D. Wood 4000, C. J. Kerr 4000. Objects: Goldmining, etc. Southland Prospecting Company, Ltd. Registered as a private company, May 31, 1933. Office: Mersey street, Gore. Capital: £5OO into 500 shares of £1 each. Subscribers: Gore—W. W. Knowles 200, J. Copland 100, W. Gutschlag 100, R. G. Johnson 100. Objects: Goldmining, etc. DAIRY PRODUCE. LONDON MARKETS. Messrs H. L. Tapley and Co., Ltd., South Island agents for the AngloContinental Produce Co., London, have received the following cable:— Butter: 77/- to 78/-. Cheese: White, 46/- to 47/-; coloured 51/-. Markets quiet. FROZEN MEAT QUOTATIONS. (United Press Assn. —Telegraph Copyright.) (Rec. 6.30 p.m.) London, June 24. Frozen meat quotations are as follows:— New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 48/561b 4Jd; 57/641b 3Jd; 65/721b 3jd; ditto North

Island, 48/561b 4Jd; 57/641b 32d; 65/721b 3ld; ewes, under 481 b 3|d; 48/641b 3jd; 65/721b 2([d. Australian Sheep.—First quality crossbred and/or Merino wethers, 40/651b 3Jd; second quality 30/551b 3gd; ewes 30/551b 3Jd. Argentine Sheep.—First quality crossbred wethers, 48/641b 3Jd; 65/721b 3|d. Patagonian Sheep.—Wethers and/or maiden ewes under 501 b, 3?d; 50/601b 3Jd; ewes 40/501b 3jd. New Zealand Lambs.—Canterbury, 361 b and under, 7d; 37/421b, 7d; 43/501b 62d; second quality, average about 321 b, 6Jd; other South Island brands, 361 b and under, 7d; 37/421b, 7d; 43/501b, 63d; selected North Island, including Downs, 361 b and under, 37/421b 7Jd; 43/501b 6Jd; second quality, average about 321 b, 6Jd; other North Island first quality, 361 b and under, 61d; 37/421b 6.,d; second quality, average about 321 b 6'jd. Australian Lambs.—Victorian, first quality, 361 b and under, 6d; 37/421b 6d; other States, first quality, 361 b and under, sjjd; 37/421b 6d; Victorian, second quality, 361 b and under, 6d; all States third quality, average about 261 b s&d. Argentine Lambs.—First quality, 361bs and under, 6jd; 37/421b 6d; second quality, average about 281 b 6d. Patagonian Lambs.—First quality 361 b and under, sgd; 37/421b 5.? d; second quality average about 361 b, 6d. New Zealand Frozen Beef.—Ox fores 160/2201b 2Jd; ox hinds 160/2201b 2Jd. Australian Frozen Beef.—Ox crops 1001 b and under, 2jjd; over 1001 b, 2|d; ox hinds 1601 b and under, 2,?d; over 1601 b 2jd. Argentine Chilled Beef.—Ox fores 160/2201b ox hinds 160/2201b 4Jd. New Zealand Pigs.—First quality 60/801b, 41d; 81/1001b, 4gd; 101/120, 4§d. Australian Pigs.—First quality, 60/1001b, average about 801 b 4Ad; 101/120, 4gd. RAW MATERIALS. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, June 24. Friday’s closing prices for raw materials are as follows:— Cotton—Spot 6.18 d; July delivery 5.90 d. Rubber—Para s|d; plantation smoked 3 l-32d. Jute—July-August delivery £l7 0/7J. Copra—June-July delivery South Sea £lO 15/-; Plantation Rabaul £lO 17/6. Linseed Oil—£l9 15/-. Turpentine—ss/6cwt. THE METAL MARKET. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, June 24. Metal quotations are as follows:— June 22. June 24.

PRICE OF GOLD. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, June 24. Gold is quoted at £6 2/3 per fine ounce. FOREIGN EXCHANGES. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, June 23. The following rates of foreign exchange are current to-day compared with par:—

REDUCED INCOMES. EXTENT OF DECLINE. Just how the incomes of primary producers have suffered may be seen from the following figures, collected from reliable sources, each farm being fairly typical of the thousands of. other dairy, sheep and grazing farms in the Auckland province. Dairy farm, 135 acres, near Cam-

In 1928-29 the average pay-out for butterfat for butter-making was 18.95 d per lb, and it has dropped stead-’ ily year by year since, the figures being 15.5 d, 11.95 d, 11.66 d, and 7.8 d respectively. There may be a bonus payment for fat supplied during the last season, in which case the 7.8 d may go up to Bd. Sheep farm, 350 acres, near Te Kauwhata:—

In 1928-29 fat lambs averaged 275, in 1929-30 the figure was 225, the next year 17s 7d, the next 13s 4d, and last year 10s lOd a head. Grazier’s farm near Te Awamutu, where portion of the income is derived from fattening store cattle:— On November 16, 1932, 70 head of well-bred Aberdeen Angus two-year-old heifers were purchased at a cost of £2 3s 6d a head delivered on the farm. On May 12, 12 head, selected from the line of 70, were sent to the works where they were killed, and sold at top ruling price 1001 b. The carcasses were all classed as prime and the average weight was 4801 b or. the hooks. The return to the grazier was £3 4s 9d a head, less 4s lid a head freight to the works, leaving a profit of 16s 4d a head for six months’ selective grazing.

CARE OF PIGS. AILMENTS AND REMEDIES. EASY TREATMENTS. Of all farm animals the pig Is the most easily choked when forcibly drenched. Therefore I have selected medicines of relatively small bulk which may be given in treacle or honey mixed

with the foods or smeared on the teeth or tongue with a spoon or flat paddle of wood writes “Vet,” of the Farmer and Stockbreeder staff, in an article on easily-given pig remedies. Of purgatives the most valuable are Glauber salts, powdered jalap, sulphur, and calomel. All of them may be given in sloppy food with the exception of jalap, which should be given in treacle as above. A useful mixture for an adult pig would be 180 grains sulphur and loz. Glauber salts, given in a sloppy mash. Or for a pig that refuses all food, 60-180 grains jalap, 60 grains sulphur, and 60 grains liquorice powder may be mixed with some treacle and placed in the mouth with a spoon or spatula. Calomel in doses up to 15 grains may be given in the food, or a mixture of 5 grains calomel, 60 grains jalap, and 60 grains liquorice powder may be given with treacle. This is useful in cases in which marked action on the liver is desired. Except in cases where quick action is required, it is usually better to bring about a laxative condition of the bowels by dieting with sloppy foods and the use of green foods than to resort to medicines. A fair example of a laxative is a teaspoonful each of Glauber salts and sulphur given in a sloppy mash, or even in milk; this also makes a cooling medicine for pigs which get over-heated in the summer. The Uses of Tonics. Castor oil, dose £-30z., is a valuable laxative, especially for young animals in the treatment of scouring. It is also largely used in combination with such worm medicines as santonin and oil of chenopodium, which kill, but do not expel, worms. Tonics promote appetite, aid digestion, and improve the quality of the blood. They are, therefore, useful in cases of 'debility and poor doers Among them may be mentioned preparations of iron as the sulphate and saccharated carbonate. These are usually given in combination with gastric stimulants, aniseed, gentian, fenugreek, etc., and an antacid such as bicarbonate of soda. They may be mixed with the food or made into an electuary with treacle and placed in the mouth of animals with little or no appetite. Cod-liver oil may be classed with the tonics, as it is a blood and body-builder by reason of its vatamin content which, with the help of the ultra-violet rays of the sun, ensures the assimilation of the essential elements of the food. It is useful as a reconstructive for subjects recovering from debilitating diseases, for increasing the milk yield of suckling sows, and as a preventive of rickets and deficiency diseases in young pigs. Treating for Worms. In spite of the trouble involved, it is always best, in treating for worms, to dose individually and on an empty stomach; when the medicines are mixed with the food there is no way of ensuring that each subject to be treated gets the correct dose. If mass treatment must be carried out, the following may be added to the food for each pig to be treated, the dose being for a pig weighing 1001 b. or over: Santonin 8 grains, calomel 1 grain, bicarbonate of soda 60 grains, powdered areca nut 120 grains. The dose must of course be reduced for smaller pigs, and must in any case be given in a very small feed and after the subjects have been well fasted. For individual treatment, oil of chenopodium, one drop per pound live weight, with one drachm as the maximum dose, may be given in a full dose of castor oil after a twelve-hour fast; it is well to withhold both food and water for two hours after dosing. Santonin is another good remedy for worms and may be given as above in castor oil, the dose for a month-old pig being two grains, and for a full-grown pig 10 grains. The intermediate doses are arrived at by adding one grain for each month after the first. Remedies for Scour. Sucklings frequently suffer from a» scour associated with aneamia. For the scour that sometimes attacks pigs of four-eight weeks of age, a teaspoonful once daily of a 21 per cent solution of sulphate of iron sweetened with syrup will be found useful. Still older pigs may have mixed with their food a combination of prepared chalk J-2 drachms, powdered catechu 15-60 grains, salol 5-20 grains, given two or three times daily, after the digestive tract has been cleared of offending ( materials by a good dose of castor oil. I For rheumatism and the rheumatic pains associated with rickets in the young subject and in sows suffering from demineralization, sodium salicylate is the indicated remedy. It may -with advantage be given, in combination with bicarbonate of potash, mixed with the food or made into an electuary with treacle or honey two or three times daily according to the severity of ..the symptoms. The dose is 15-30 grains, and that of the bicarbonate of potash J-1J drachms. For rheumatic and swollen joints, muscular rheumatism, and sprains, a useful liniment may be made by mixing equal parts of camphorated oil and soap liniment together. For lice, oily preparations give the best results. Train oil is frequently used for the purpose, with or without the addition of one part paraffin to every 10 parts of the train oil. For sucklings infested with lice, cod-liver oil should be used, being milder in action.

ROUGH HANDLING. EFFECT ON CARCASSES. “The loss resulting to producers and the Dominion from the rough handling of porker pigs is very considerable and

is daily increasing,” stated Mr W. A. Phillips, chairman of directors of the New Zealand Co-operative Pig Marketing Association, last week. The skin of the porker was remarkably sensitive, said Mr Phillips, and the number of times it had been hit or bruised was plainly advertised to the world when the dressed carcass was hung up to be graded at this end or to be sold in London. One often saw good pork carcasses hung up for grading in the freezing works absolutely disfigured by red weal marks, telling the grader just how the pig had been treated when alive. The nature of the marks indicated the cause. The many weals across the skin, generally on the most valuable parts, the hams and the loins, indicated that the pig had been urged along with a stick. The marks along the side suggest injury from barbed wire, while the bruises suggested that the pig had been actually kicked or that it was knocked about by reason of rough driving in half empty lorries or by bad shunting of a careless engine driver of a train.

Every mark and bruise was disclosed io the grader and buyer, when the dressed carcass was hung up for inspection. Tire market demanded a white-skinned pig, and the white advertised, often in exaggerated form, every hand touch to the skin of the live pig. The marks did not show up to the same extent on the bacon carcass after it had been singed and dressed, though bruising of bacon carcasses had been seriously complained of by British buyers, but the disfigurement of the porker carcasses, by marks, was seriously detrimental. In catering to a critical overseas market, appearance was of the greatest importance, said Mr Phillips, and anything that seriously detracted from good appearance placed the product in a lower grade with a resultant lower price. Too high a percentage of New Zealand porker carcasses were disfigured as the result of careless or rough handling, and a good proportion of these were graded down in consequence. In the majority of cases, few farmers probably realized the delicate nature of the pig’s skin, and that the use of a stick, used however lightly, would leave a mark that would remain and finally cause the carcass, however prime, to be graded down. It had been recommended that a piece of rubber hose should be used in persuading pigs to move, but even a stroke with a hese would leave a mark. Probably the best thing to use was a piece of old sacking. At the freezing works, the men handling the pigs had an excellent thing with which to encourage the pigs to move. It was made of several strips of disused inner tpbinfr from motor cars, cemented together, and one end of this was cut into ribbons. Only the fringed portion touched the pigs. The touching was very lightly done. “Until farmers and all those concerned in the conveying of live pigs had become educated to the necessity of exercising the greatest care in the handling of porker pigs the individual, the industry and the country must seriously suffer.”

Coppci’, standard— Spot 36 10 7J 36 7 6 Forward 36 14 41 36 5 21 Copper, electrolytic-— Spot 40 0 0 40 0 0 Forward 41 0 0 Wire Bars 41 0 0 LeadSpot 13 3 9 15 5 0 Forward 13 10 0 13 11 3 Spelter— Spot 17 2 6 17 5 0 Forward 16 15 0 16 18 9 TinSpot 222 8 9 219 17 6 Forward 221 17 6 219 2 6 Silver (pence)— Standard 19 181 Fine 201 19 15-16

Par. To-day. Paris, fr. 124.21 86 7-16 New York, dol. 4.866 4.211 Montreal, dol. 4.866 4.67 Brussels, belga 35.00 24.35 Geneva, fr. 25.22 17.611 Amsterdam, fr. 12.10 8.49 Milan, lira 93.46 64 23-32 Berlin, f.m. 20.42 14.30 Stockholm, kr. 18.159 19.45 Copenhagen, kr. 18.159 22.421 Oslo, kr. 18.159 19.90 Vienna, sch. 34.585 31J nom. 114J Prague, kr. 20.02 Helsingfors, mark 124.23 227 Madrid, kr. 15.225 40 7-16 Lisbon, escu. 4 J 110 Athens, dr. 370.00 590 Bucharest, lei. 25.225 5721 Belgrade, kr. — 250 Montevideo, dol. 45.57d 34 nom. Buenos Aires, dol. 45.57d 412 ' Rio de Janeiro, mil. 4.898 4J nom. Bombay, rupee — 18 5-64 Shanghai, tael — ' ' """* 15 1-16 Hong Kong — 16.1 Yokohama, p. to yen 24.582 15 1-8

bridge:— Butterfat. Lb. Return. £ s. d. 1929-30 17,141 1,115 7 5 1930-31 18,691 919 18 3 1931-32 18,879 917 13 9 1932-33 20,544 665 16 1

Fat Lambs. Return. £ s. d. 1528-29 972 1,312 17 6 1929-30 1,016 1,118 15 3 1930-31 1,161 1,022 11 10 1931-32 1,187 931 2 0 1932-33 1,263 683 16 3