FARMING AND COMMERCIAL

Manawatu Standard, Volume XLIX, Issue 247, 17 September 1929, Page 5

FARMING AND COMMERCIAL

KILLING OF PIGS. AMENDMENT OF ACT SUGGESTED. “Tho timo may bo opportune now with tho change of parties in power in Parliament to again bring forward the necessity for amending tho Slaughtering and Inspection Act to make it compulsory for all pigs for local consumption to bo killed under inspection,” reported the abattoir manager (Mr A. M. Spilman) to tho Palmerston North Borough Council last evening. “The public may not be awaro that it is compulsory for a sheep, tho meat from which is singularly free from any diseaso harmful to man, to bo killed under inspection beforo it can bo exposed for sale, whereas tho pig, which is very subject to tuberculosis, can be killed nearly anywhoro, put into butcher shops, cut up and sold without any inspection. “Many of these pigs are inspected, but the cost of sending men round to the butcher shops for this inspection must run into thousands of pounds, and it could bo abolished and a much better inspection mado by having the pigs killed at an abattoir. In Palmerston North alone, ono meat inspector could bo done without if it wero not for the inspection of a few pigs in tho butcher shops on one or two days a week. In the large towns there are the tram fares, etc., as well as tho officer’s salary. “This is not all tho cost for there are many pigs condemned in butcher shops which would not be condemned if the inspector could see all tho internal _ organs of those pigs and the compensation for condemned animals costs the country 2d per lb.” Tho abattoir committee reported that a communication was received from tho Department of Agriculture advising that the Government intended to consolidate and amend tho law relating to the slaughtering and inspection of stock, and forwarding a draft of amending clauses of tho bill and asking for comments thereon. It was decided to ask tho department to embody in tho bill a clauso making it compulsory that all pigs exposed for sale for human consumption shall be killed under inspection at an abattoir or freezing works, and that a copy of tho manager’s report bo •’ forwarded to the department. The Mayor reported having interviewed the Director of Agriculture _ in connection with tho department’s intention to repeal the Palmerston North Abattoir Act, 1919, and was informed that tho rights of tho borough would bo safeguarded in every respect. Tho report was adopted. LONDON MARKETS. HIGH COMMISSIONER’S REPORT. Tho Department of Agriculture has received tho following cablegram dated September 14 from tho High Commissioner for Now Zealand, London:— TALLOW. No auction this week on account of insufficient arrivals. Market quiet but steady at last quotations. EGGS. Market firm for tho best, but poor demand for cheap sorts. Present quotations are:—English, 18s to 22s per long hundred; Dutch and Danish, 14s to 17s 6d; French, 12s 6d to 16s; Belgium, 13s 6d to 14s; Polish, 9s to 11s. HEMP. Manila quietly steady and buyers operating cautiously. Closing values for "J” grade, September-November and Octo-ber-December shipments £37. Output January 1 to August 31, 1,122,000 bales against 918,000 for samo timo last year. Stocks of Manila at August 31, 229,000 bales against 165,000; English 15,885 against 18,519. Sisal market very quiet with sellers for fair average quality September-November shipments No. 1 £39, good marks £4O ss, but no buyers within 10s of these rates. Now Zealand very quiet, but shippers show. no anxiety to sell. Nominal comparative values unchanged. WOOL. Bradford market quiet. No speculative forward buying in tops and hgnd-to-mouth policy continues. Present quotations are: 64’s, warp 3s Id per lb, average, 2s llid to 3s; 56’s, 2s 4d; 50’s, prepared, 2s; 40’s, prepared, Is 9d. AUSTRALIAN DRIED FRUITS. MELBOURNE, Sept. 16. Sales of Australian dried fruits in Great Britain last week constitute a record — £236,000. This is due largely to the failure of tho Turkish harvest. STOCK MARKET.

Tho New Zea'-.nd Loan and Mercantilo Agency Coy., Ltd., report:—Another good yarding of both sheep and cattle camo forward for the Feilding sale on Friday. Fat sheep again met with a keen demand and cows and heifers sold well. Store cattle sold at rates according to quality. . Wo quote:—Fat hoggets, 20s Ad to 35s 9d; fat ewes, 26s to 345; fat wethers, 30s 6d to 395; fat heifers, £6 103 to £l6 10s; fat cows, £6 2s 6d to £l6; springing heifers, £7 10s to £l3. NEW STRAWBERRY. WILL NOT SMASH IF THROWN DOWN. A giant strawberry plant yielding large, coreloss fruit is being cultivated successfully at Evesham, Worcestershire, says the London Daily Mail. Tho plants have loaves from six to eight inches across, and have to be placed a yard apart. Though they flower three days later than the early flowering kinds they are ripe at tho same time. Tho plant was evolved by Mr John Huxley, of John Huxley and Son, Common Road, Evesham. He states that it bears well after four years, whereas other varieties have to be renewed every two years. The plants are being bought up at Evesham at £4 to £5 a thousand, as compared with the average 10s a thousand for others. This season’s crop is the largest raised, and the fruit sells on the local market at a penny a pound more, than other kinds. Mr Huxley said to a Daily Mail reporter: “I cannot meet the demand for plants. The fruit has tho peculiarity that if you throw it on the floor it will not smash, only bruise. It is fine for jammaking.” MILK CLEANER IN THE EVENING. DISCOVERY MADE DURING A COMPETITION. At the Shropshire and West Midland Agricultural Show, England, an interesting feature was tho presentation of prizss won in the county clean milk competition. The results ovor a prolonged test with frequent analysis showed an all-round improvement on last year, no loss than 90 per cent, of samples being up to grading standard. It was noticed that those competitors who used milking machines were particularly successful in obtaining germfree milk, and tho discovery wns mado that evening milk was invariably cleaner than morning milk. —Daily Mail.

WELLINGTON STOCK EXCHANGE. YESTERDAY’S BUSINESS AND PRICES. The following 6alos were reported on tho Wellington Stock Exchango yester-

Thore were 6ome rather • pronounced variations in the buying quotations. New Zealand Breweries, bonds and shares, are in very strong demand, and buyers are obliged to raise thoir bids if they want to secure possession. The cause of the upward movement is not apparent to the ordinary investor. New Zealand Loan and Mercantile Agency Coy., Ltd., preference stocks have risen to £B3, but the other advances aro merely normal. There have boon spectacular drops in three Australian banks, which appear like forced selling by some holders. Wellington Gas ordinary have gone down 2s which is rather extraordinary. Generally tho week opened with a good all-round demand. Government securities were firm with a scarcity of sellers. Yesterday’s buying and selling quotations were as under:

CONSOLS AND COLONIAL STOCKS. The following table givo3 quotations for consols and colonial inscribed stocks, compared with those of September 5: VariaPrice. tion.

SYDNEY WOOL SALES. SYDNEY, Sept. 16. At the wool 6ales to-day 13,800 bales were sold. There was good general competition and better support from Japan. Prices generally wore at last week’s rates. Greasy Merinos brought 19Jd per lb. WOOLLEN INDUSTRY. (United Service.) LONDON, Sept. 15. A voluntary levy of 2d on every bale of woot retained for home consumption, yielding £10,482 a year, and id weekly on every employee, yielding £10,388, are among the recommendations of the committee which is preparing a echemo to secure contributions toward the British Research Associations’ work to assist the woollen and worsted industries-

clay : — £ s. d. Austrian Bank of Commerce, 35s 9cl and 1 15 0 National Bank of Australasia (£10 paid) 19 13 0 New Zealand Breweries: — Two parcels 4 10 3 One parcel 4 10 9 Fivo parcels 4 11 0 Movements based on buying prices compared with previous bids were as under RISE s. d. N.Z. Breweries (stocks and bonds) i 0 N.Z. Breweries (shares) i 9 N.Z Loan and Mercantile Agency Coy., I/d. (pref. stocks) 20 0 N.Z. Investment 0 1 Christchurch Gas 0 1 Gear Meat 0 3 Huddart-Parker (ord.) 0 3 P. and 0. Deferred Stock ' 0 6 Wairarapa Farmers’ (prot.) 0 6 FALL. S. d. Australian Bank of Commerce 0 8 English, Scottish and Australian 1 National Bank of Australasia (£5) 3 U Goldsbrough Mort and Co 0 3 Wellington Deposit 0 2 Gisborne Gas 0 2 Wellington Gas 2 0 Electrolytic Zino (pref.) 0 3

Buyers. Sellers. N.Z. GOVT LOANS— £ s. d. £ *. d. 4A p.c. Ins. Stk., 1939 99 17 6 — 4i p.c. ditto, 1938 .100 0 0 — 54 p.c. ditto, 1936 101 12 6 — 51 p.c. ditto, 1941 100 0 0 — 44 p.c. Bonds, 1941, 1939, 1938 .100 0 0 — 4i p.c. ditto, 1930 — 99 15 0 5£ p.c. ditto, 1936 ,101 15 0 — DEBENTURES— Wellington Gaa Co. .. .100 5 0 — N.Z. Breweries (inscr. 6tock) . 1 10 0 — Ditto (bonds) , 1 10 1 11 6 BANKS— Australasia •— 14 15 0 Australian Bank of Commerce , 1 14 10 1 15 3 Commercial of Aust. (ord.) — ■ 1 10 3 English, Scottish and Australian , 8 8 0 — National pf N.Z , 6 18 0 6 19 0 National of Australasia (£10) , 19 14 9 Ditto (£5) , 9 10 6 9 14 0 New South Wales , 52 2 6 New Zealand (long term) 1 8 6 — Union of Australia ... — 15 2 0 FINANCIAL— Goldsbrough Mort , 2 5 6 — Equitable Bldg. Co. . 8 13 6 — National Mortgage .... . 4 6 0 — N.Z; Guarantee Corp. (ord.) , 0 9 7 0 9 8 Ditto (pref.) 1 1 6 — N.Z. Invest. Mtge and Deposit 010 — N.Z. Loan and Mercantile (ord.) 124 0 0 — Ditto (pref.) 83 0 0 — Well. Invest., T. & A. 0 11 0 — Well. Trust and Loan . .7 3 6 — Wellington Deposit and Mortgage , 0 10 10 — GAS— Auckland (paid) 1 4 6 — Christchurch , 1 6 5 1 6 8 Ditto (contrib.) 0 13 3 — Gisborne , 0 13 4 — Wellington (ord.) .... , 1 11 6 — INSURANCE— National — 0 16 11 Now Zealand , 2 8 0 — MEAT PRESERVING— Gear , 2 3 6 — Canterbury Frozen Meat (ord.) 8 5 0 — N.Z. Refrigerat. (£1) — 0 14 7 Ditto (10s) 0 6 6 — Well. Meat Ex. (ord.) — 0 8 6 TRANSPORT— Huddart-Parker (ord.) 2 5 3 *2 6 0 P. and 0. def. stock .. 2 17 0 — WOOLLEN— Wellington (ord.) .... — 6 18 0 Ditto (pfef.) , 6 17 0 7 0 0 COAL— Westport , 1 15 9 Westport-Stockton (pref.) , 0 4 8 Waipa , 0 13 4 — TIMBER— National , 0 7 6 — Leyland-O’Brien 1 11 0 — BREWERIES— Crown 0 7 0 — New Zealand , 4 10 9 4 11 0

Staples and Co 2 11 6 — Ward and Co 1 10 0 — Sunshino MISCELLANEOUS— — 0 15 0 C. M. Banks (ord.) — 1 1 6 Ditto (pref.) British Tobacco (Aust.) 0 17 6 (ord.) 2 9 3 *2 10 0 Dental and Medical ... — 0 11 0 D.I.C. (ord., preni.) . 0 13 6 — Electro. Zinc (ord.) ... 1 16 6 1 17 3 Ditto (pref.) 1 16 9 1 17 3 Ditto (pref.) 1 16 9 1 17 0 Howard Smith (ord.) — *1 5 3 National Electric 0 9 6 — N.Z. Paper Mills — 1 0 6 Taranaki Oil Wairarapa Farmers’ 0 5 3 (ord.) — 0 6 8 Ditto (pref.) Wilson’s Cement 0 16 0 0 16 9 — 2 4 3 Strand, Ltd MINING— 1 2 6 Mount Lyoll 2 5 0 — Ohinemuri — 0 10 9 *Cum. dividend.

£ s. d. 6. d. Consols, 2i per cent. ... 53 10 0 5 Of Funding, 4, 1960-90 84 10 0 5 Of War Loan, 5 por cent. 101 2 6 5 Ot Conversion Loan, 3& ... 73 0 0 10 Of Victory Bonds 91 10 0 2 6+ Com’woaith, 5£, 1922-27 Com’wealth. 6, 1931-41 94 2 6 2 6+ 100 5 3 2 3 New Zealand. 4. 1929 100 15 0 1 3+ Now Zealand, 3?, 1940 85 7 6 1 3* New Zealand, 3, 1945 75 12 6 2 6+ Now Zealand, 6, 1936-51 103 5 t Higher. *Lower. 0 5 ot