FINANCIAL AND COMMERCIAL.

Dominion, Volume 1, Issue 10, 7 October 1907, Page 7

FINANCIAL AND COMMERCIAL.

"THE SHARE. MARKET., .-i.The sitting' on- 'Change 011 Saturday did not reveal any improvement on the •position developed ill the middle of tho week. 1 There < was : the same dullness as regards investment' shares. On the whole the past week was extremely quiet and dull, and there is not much prospcct of. any improvement this week. There will be tho Labour Day holiday on Wednesday to cause a disturbance, but in any caso business is likely to be dull. Sellers of Bank of New Zealand shares have, with very great reluctance, no; doubt, lowered their quotations to a fraction below the J2lO level. National .Bank shares , are offered at' ,£5 ,95., but there aro no'buyers. For Insurance shares there developed an inquiry for Standards at 21s. New Zealands are offered at .£-!■ 2s. fid. In Financial shares there are no changes. The demand for Equitable Building shares at £10 lias been met by if selling quotation at .£lO S.i The inquiry for National Mortgage at J!3 3s. .was-renewed, and sellers repeated their prices for Loan and 'Mercantile at 75.,- and- Wellington Deposit at 10s. No change ,is to bo noted ; in Gas shares. Haweras were ■in demand throughout the week at 215., and Napier Gas shares were on snlo at ,£25 and „£IG for prospective issues'. In. Meat shares there was the same old demand for Gears at •i7s. r Gd.,'and Meat Exports at .£3ss. Gd. The persistence with which Manawatu Rails have been offered at 425.. looks like an effort to keep the: value down. The demand , 'for .Westporf-Stockton Coal shares' appears to have ceased, and B3llers:were asking 7s. Gd. for tlie.shares, or the same 'price at which t.hey were sold ,on Friday. Kauri Timber shares, 15s. paid up, were in request at 7s. 9d. There is 'a liability ;of 18s. on these share's/arid for years past they have been Standing at lOd. to 25., but during the piist -four months. there has arisen a very strong, demand, .which has caused the shares to. advance to the present quotation. Obviously the prospects of the 'company are better, or at least they are tio regarded by investors. N. 55. Portland Cement shares, were offered at 355., and; Taranaki Petroleum at , lis. Wellington Opera House shares were 'in demand at <£5 10s. sale' of Waihis' .at'. JSS lis.' 6d.',, or Gd. sale :of~ Waihuis at ".£8 ; lis. Gd., or Cd. • less!; tfyan/oil tho previous,day. Waihis and-Talismans both'displayed a weakening tendency, but no importance should be .attached to this, for there is nothing in it but the usual .market fluctuation.' 'Talismans, were" wanted at,;j!2 Gs., Gd. cum 'div. due October 15,' wind Waihis .at, ,£B.:'lis. 3d. ' Waiotahi .scrip cliangcd hands at ss. Tne sales recorded' last week were Union; Steam, .£lB 10s.; National Insurance, 275.; N.Z. ..Insurance, £i. Is. Gd., .£4 Is. Gd.; National Mortgage, ,£3 45.; Westport-Stockton Coal, 7s. Gd.; Wailii, JEB 125., ,£8 125., <£8 lis. Gd.Talismans, J22 7s. Gd., Ji2 7s. 3d.; Triumph, 12Jd., and Waiotahi, ss. ■ .

. THE MONEY MARKET. The figures of tho Bank of England published on- Saturday display tho movements usual at the turn of the quarter.: The'stock of gold has been reduced from' £37,36.9.000 to £35,055,000, n decrease of £1,711,000, and the reserve of notes' and coin is lower by. £2,403,000', ■while the proportion of reserve' to liabilities at 4S.BG per cent, is -2.41 per cent, lower than it was a week ago. Compared with the corresponding' date of 'last year tho figures show :to advantage, and in the matter of bullion alone tho.-Bank; is £3,331.009 better than it was. a ycar. ago, and the proportion of reserve to liabilities is lO.SGper .cent. 3t is now seen that the Directors' of the Bank acted with commendable, .caution when tlvey advanced the official minimum discount rate to 45 per cent. The Bank is better able to meet, the demands likely to be made on it. than was the .case a year ago, and much depends upon the volume ami strength of the demands whether the discount rate is raised to 5 per cent. We had both a 5 and a 15 per cent, rate in the last quarter of last year, but a repetition of such stringency sc-emr, hardly possible. We may have 5 per' cent., but that will depend upon the turn of affairs in Wall Street. • ' t 'i - 1 . ra<i : . r/roniing, to the cable mwage rewived at this office, is £4 Is. "A. per cent,, or fc. 9d. above the- rate current in the previous week*. At the tor:'w.w;;d;ng date last year tiie open inirlwt rate stood at M ,7s. od., having been ad' vaneed by . 275. fid. during (lie wet!:, Last year the Bank rate was raised to 5 per cent, on October 11. The London Stock Exchange was not disturbed by the money market movements, lor Government securities are uneiia;;gf.d. New Zealand 4's and Wcntraliau iij's and 3's are all lower by 40:;., but this is anticipation of the interest due on November 1. Ip. Die case of th'j West Australian securities the. movements indicate a slight decline. , BANK OF AUSTRALASIA. By Telegraph.—Association.—Copyright Londos, October 4. Sir C. W. Fremantle, presiding at a meeting of the TJank of Australasia, said the windfall of recoveries on account of bad and doubtful debts had been exceptionally large. Those amounts had been placed to reserve. The returning prosperity of' Australia had not increased the business of the banks; the immediate effect had been to render customers more independent of the bank, which ■ preferred a moderate and safe, if slow, expansion to fostering an undue advance iii values by a too ready offer of banking facilities. PALMEKSTON STOCK "SALES. The New Zealand Loan and Mercantile Agency Company, Limited, report as follows:—At I'almerston North, on Thursday, a moderate yarding of caltie came forward. Ov.-iug to the continued ivet weather buyers did not operate freely, and several, lines went out unsold. Sheep.—Forward ewes 15$. fid. Cattle.—Yearling steers (bad colours) 25n. Gd.; mixed yearlings 305.; 2-year steers £3 to £-3 2s. ; 2-year heifers 325.; 21-year ■ stserr, £•(■,. store cows 3Gs. to Us.; forward cows £3 lis. to £4; cows with calves ,£2 13s. to £3 18s.; 3-year cows £5 fs.; springing heifers £2 7s. Gd. to £4. .

WELLINGTON SHARE LIST,

1 COMPANY REPORTS. The balance-shcet of the South British Insurance Company for the year ended • August 31, is not as good a showing as the.document issued last year, although the dividend distribution is increased by 2J per cont. The.premium incomo for tho year under review totalled after deducting JCSOOO, ; the amptmt added to the re-insurance fund; this is JJIB.G9B better than that of last year. Tho losses,' however, amounted to oS2lS,.'tll, equal to GG.53 per cent, of the premium income; as compared with •£IBG,-102, equal to 60.14 per cent,, for last year.. Tho expenses amounted tp£92,031 against .£85,719, or ,£G3I2 moro than last year. The management expenses for 1906-7 were equal to 28,05 per cent.'of the premium income, and the underwriting profits totalled ,£17,736, against ifi37,Gl2 last year; that is, the underwriting profit was 5.42 per cdnt. of tho premium 'income, against 12.15 per cent a year ago. Thus the premium incomo was .£18,698 larger than that shown last year, but the losses and expenses were grcatd- by .£38.524, making the underwriting profit less by ,£19,826 as compared 1 with 180 G. To the profits on tho business amounting to i17,78G must bo added the income derived from interest, totalling <£29,518, making ,£47,334, ■ and there was brought forward from the previous year ,£25.40G, giving an . available balance of ,£72,740. Out of this .C 20.000 has been added to tho general reserve fund, ,£360 to tho leasehold sinking funds, ,£539 has been written off; olfico furniture. .£2733 has been contributed to the officers' provident fund, and the dividend at the rate of- 30 per ccnt. absorbs ,£30,000, these appropriations aggregating .£53,'632, leaving ,£19,108 to be carried forward. Tho company is in an exceptionally strong position. The .reserve fund is now .£280,009, 'the 're-insurarice reserve -£130,000, and the reserve for outstanding losses .£77,401, making, with the amor if -.wo add the investment fluctuation ount carried forward, a total of J650G,50!), reserve and the leasehold sinking funds, a total of ,£512,41)9. Tho Company hold •£5G,500 in Municipal and Harbour Board debentures, and JE51,522 in Government securities. Cash in Link and bills of exchange. in transition total ,£37,570, and the balances at branches and agencies amount to i£G7,B9S. The dividend lor tho year is equal to Ga. per share, of which 3s. per share was paid as an interim dividend.' The meeting of shareholders is'to be-held at Aucklandon Thursday, and after the ordinary meeting an extraordinary meeting will be hold for tho purpose of taking' slops to limit the liability of shareholders.

LONDON PRODUCE MARKETS. By Telegraph.—Association.—Copyright. Loudon, October 4. Wheat—The markets are firmer on account of unfavourable cablegrams from India and Australia. There is a general advance of 3d. to Gd. Cargoes are strong ■at'4os. 'Adelaide July-August shipments, 40;.. 3d. •. ' Flour is"very firm. Australian in Glasgow is held for 2Ss. Gel. Sugar—German beet, 88 dcg., 4d. lotver, at .Is: Sd. per.'cwt.: first mark, granulated, f.o.b. Hamburg, 3d. lower at lis. fid. . . . Wool—The wool sales closed firm, the prices being the highest of tho. series. The ilecce portions of the following clips realised,, Tarndale, Is. OJd., Mangaohane Is. Cid. ' Bradford Tops—The market is quiet and r unchanged, high prices checking business. 1 . Butter—The market is firm. Danish, 117s. to llßs. Colonial is unchanged. There is good demand arising for stored colonial at DCs., to lMs., owing to diminution of European supplies. Kauri Gum—At tho kauri sales 419 cases were offered and 75 sold.. Prices are unchanged. There are in stock 741 cases. .METALS. Silver—3o 11-10 d. per oz. Iron—ld. lower at 555. Bd. per ton. Coppers-Spot, ' £G1 12s. Gel. per ton—a Fall of £1 12s. Gd. on the week; three months, £G1 10s. —.£4 15s. lower; electrolytic, £00, a fall of £8 10s. since Septeml/jr 15. Tin—Spat, £7 15s. lower at £158 per ton; three months, £8 15s. lower at £155. WOOL MARKET. Messrs. I/jviii mid Co., Ltd., have received from their. London agents, the jSstwial Mortgage and Agency Co. of .yew Zealand, Ltd., a cablegram, dated QcWt?r 4, fo the following effect:—"We have to report farther'advanccs in wool, nanipjv, 5 j;or cent, for all descriptions oi merinos, and 5 per cent, for finest, crossbred*. The m;irket closes very firm." 'J he .Zealand f/>an and Mercantile Agene.v Company, Ltd., lias received the I.'J '.'.'t.".in^ iro;j) London, under %-< •;)<?•••!;;y's date Wool—As compared with l'i:t closing rates prices are about par to .i per c"iit, higher for coarse greasy cwsiiwJ, (o.aiw; crossbred Klips, and medium cr'&.bred slipe. I'rices are higher about '» per cent, for coarse scorned cratsbrod, medium scoured crossbred, and fine crossbred idipe. I'rices are .-•.bout the saw for medium greasy crossbrad. J 'riot s are about S per cent, to 71 per cent, higher for line scoured crossbred. Market ciosid strong for all sorts wool. LONDON MARKETS. , 'Dalgcty an<l Company, Limited, Wellington, hove received the following cable .m«>igffi Irum their London' house under date of the 3rd instant:— Butter.— I The market is firm. The Copenhagen oflicial quotation is higher by 1 kroner (about Is. lid.) per cwt. The total, imports of buttor into tho United Kingdom for week ending September 28 amounted to GO,OHO cwt. as compared with 71,0!i0 cwt. for the corresponding week of 150G, showing a decrease of 500!) cwt. Frozen Meat.--There is a good demand for frozen lamb at unchanged prices. The. market is weak and dull for frozen beef and mutton. Tallow.—The market is firm. Since our last advices other descriptions of tallow are al par - to 3d. lower. The decline is chiefly on low and inferior finalities.

The Now Zealand Loan and Mercantile Agency Company lias received tho following cablegram from London, dated October 4:— Wool.—As compared with Inst Bale's closing rates, prices arc about par to 5 per cent, higher for coarso greasy crossbred, coarse crossbred slipc, and medium crossbred slipe. Prices are higher, about 5 pec cont., for coarso scoured crossbred, medium scon red crossbred, and fine crossbred slipe. Prices are about the same for medium greasy crossbred. Prices are about 5 per cent, to 7} per cent, higher for lino scoured crossbred. Market closed strong for all sorts of wool. Messrs. Murray, Roberts and Co. have received the following wool market cablegram from their London house, Messrs. Sanderson, Murray and Co., dated Octobcr 4 The sales have closed firm, 7000 bales being held over. There is no change to report since our last advice, excepting in greasy merino, which has advanced 5 to 7£ per cent, as compared with last London sale's closing rates. ■ NEW ZEALAND SHIPPING COMPANY. By Telegraph—Association—Copyright. London, Octobcr 4. The New Zealand Shipping Company lias declared a dividend of five per cent, and carried forward' ,£10,760. . EFFECT OP FALL IN COPPER, By Telegraph.—Association.-Copyright. . ••• Aiibmidb, October 5. Owing to the low price of copper, tho Parramatta Copper Mine at Moonta has closed down, and 300 persons are idle. The world's output of aluminum for 1308 was about 15,(100 tons, of which the American concern, located at Shawcnegan Falls, Canada, supplied about 20 per ccnt. . The metal has become available in so many ways in recent years as to make it a precious one. The'only method by which aluminum has been produced iirany considerable quantity is the Hale process of manufacture from "the oxide, but an American inventor has produced a process for refining the metal by electrolysis, which may bring about its wider use under more advantageous conditions. Negotiations have been brought to a conclusion which promise very shortly a revival of prosperity on the Barrier line of reef at Wyalong similar to that experienced in'the early days of the field (says tho "Melbourne Argus"). It transpires that the Barrier, which for some timo has been worked in a somewhat primitive fashion by its owners, a party of four, has been floated into a company concern with a capital of ,£BOOO, and that it is, intended forthwith to start the erection of poppet heads and extensive machinery at a cost of .£2500. The Barrier has been turning out excellent criishings lately. A winzo down 80ft. from tho 400 ft. level is on highgrade mineral stone. It was stated recently that a discovery of cinnabar (sulphide of mercury) hail been made on the property of the St. Gcorgo Copper and Coal Minos, North Queensland, but its extent or importance -had not been, tested. Mr. Alex. Christie, the inino manager, now reports that the mine has been so far developed that ho can send away an unlimited quantity of cinnabar for treatment. Tn ins pamphlet on "Mercury, or 'Quicksilver,' " in tho "Mineral Resources of New South Wales" series of works, Mr. ,T. E. Carne, F.G.S., wrote"Tho importance of workablo deposits of mercury in a gold-producing country cannot be easily over-estimated. Unfortunately, Australasia hns-nnt, yet been able to add it to her list? of profitable mineral products, in Now South Wales, Victoria, Queensland, and New Zealand, the principal and. only workable ore, the sulphide cinnabar and its. varieties, has been found in more or less hopeful quantities (associated in some instances with the native metal) from which small quantities of mercury have been locally retorted." A feature, in the gradual waning of the dredging industry in Otago feavs a has been ' the frequent shipments of-'the dredges of liquidated companies to Victoria. The opinion is now. exoressed that, owing to tho; exceptionally high .tariff fixed by !1 10 Commonwealth Government, namely, IB per cent., as against per cent' formerly, the exportation' of dredges from New Zealand to that State will practically cease. ' DREDGING RETURNS. By Telegraph.—Press Association— 1 : DurtEDiN, October 5. Tho following dredging returns are reported: — Blackwater River, 17oz. lldwt.; Waikaka United No. 1,-320 a! lOdwt.; Waikaka United No. 2, 430z.' lSdwt.: Bignell's Notown, 2Soz. )7dwt." bailors Bend, 410z.; Pactolun No l' 4ooz. lSdwt.; Koputai, 750z. lOdwt.; Mart iiherikia, GOoz.; Mystery Fle.t, r.Gor, 14dwt.; Golden Bed, 440z. 15dwt.; Masterfon, 3Soz, 15dwt.; Electric. No. 2, SGoz. lM'.vt.; New Roxburgh Jubilee, 350::.Molyuoux Kohinoor, 250z. Sdwt.; Waikaia, 240z. 7dwt. ; Charlton Creek, ISoz ■ wow Perseverance No. 1, 17oz. l.Mwt. • Electric No. -l,- 17oz. Sdwt.; Enterprise IGtlx. lldwt.; Garden Gully, ISoz. 7dwt.; lldi a liilo;> '' l" 07 - ; Switzers, 7oz. Rise, and Shine No. 2, 5G6z. Sdwt' Kotown Creek, 430z.; New Trafalgar'. 330z. 2dwt.; Clutha River, 2Goz. ldwt. Sandy, Point, 230z. 4dwt. 12"r • Face and Shine No. 1, 19oz. 7dwt. °''

■ WESTPOKT.' A report received from Air C N Greenland, Secretary of the Westpo'ri Harbour Board, states that tho output and export of coul for September, 1007 : ~l Westport; Go;i1 Co ? Lw--i ? tons: 13,753 tons. St-to Coal Mine, output. 2977 tons; export Si7s tons;. State oal Mine (briquettes)' output, -14-5 tons; export, 445"tons. Total' output, 50,104 tons; export, 4G,418 tons '' Of this amount .1132 toijs wore shipped per barque Vidette to Yap, Caroline Islands, and 1800 tons per s.s. Kaituua to Sydney. Export of timber, 123,GG1 superficial feet. COUNTRY MARKETS. , Feuding, October 4. / 4. E. Atkinson and Co. report following quotations at to-day's (Friday) sale: I'igs.—Weaners lis. to 12s. 3d.; slips J2s. Gd. to 14s. Od.; small stores ISs.; good stores 275; to 30s. Poultry, liens 2s. to 2s. Bd.; roosters Is. Gd. to 2s. '7d.; ducks 2s. Id. to 2s. Sd.; turkeys (hens) 3s. (id. each. 1 Produce.—Potatoes, pig 2s. (id. to ?s. 3d.; table Gs. Gd. to 12s. Gd.; horse carrots. 3s. a sack. Bacon factory, sides hams 7Jd. New Zealand Loan and Mercantile report :—At our Feilding sale on Friday we had a good yarding of sheen and ii medium yarding of cattle, and with the exception of one pen all the sheep wore quitted. Sheep.—Hoggets 135., 14s. Sd., 15s. Gd., 15s. Bd.; fat owes 19s. Gd. to 19s. Sd.; aged ewes and lambs 17s. fid. Cattle.—Store cows 225. (Id. to 315.; torward cows £2 10s.; springing cows £2 <io. to £3 ss. • FEIi,DING WOOL, SKIN, AND HIDE /SALE. A. H. Atkinson \ and Co. report :—At our monthly sal? o:i Thursday we offered an average, catalogue oi' wool, skins, hides, tallow and usual sundries. There was a good attendance of buyers. The wool was mostly crutchings, which made up to sjd. for medium lines. Drv skins, in sympathy with London, were "a shade easier than last sale, but buichers'green anil half-dry sold well. Calf, owing to an apparent glut in Australian markets, showed a considerable drop in values. Quotations: — Wool.—Hough fleece 7Jd.; dead 7Jd. to 7;] d.; crutchings, inferior, 4Jd.; medium s:jd. Skins.—Fine crossbred B|d.; full wools gd.; half to threequarter wools 7Jd.; broken, do., GJd.; dead G]d. to 03d.; polls, broken. Id.: inferior sd. to Sjd.; shorts, broken, . 5Jd.; good G.Jd; butchers' green and half-drv skins ss. Id., ss. -Id., (Is. 10d., 75., 7s. "id., 7s. 4d, Hides.—Ok. sound, 4jtl. to ftjd.; slippy 2d.; cow, slippy, 2Jd.; sound lid. fo s}.d.'; calf, light, 4Jd.; dry 4!d.; slightly cut 32;1.; rough 3',d.; cut. and inferior 3d.; slippy 2Jd, Tallow.—Tins 10s. to 225. per cwt.; medium cask 235. per cwt.; bones 3s. !ld. per cwt-

■ COMPAQ. ., Capital $?[£: f? - ™ CES ' lJfjd ' • ' -Paid Uii. siiaro. "fl Buyer. Seller. 'j££* Investor. HANKS. ■ , ■ £ £ £■ '■£ £- £ s. d. £ *. (1- £ s. d. £ s. a. New Zealand - -2.0CO.CCO SSI,575 • 3J, 3i 30 91!) 0 National 875,000 335.318 it 15 II! 5 6 0 5 9 0 : INSUIiANCE. , National - - 300.000 2,?S,21." h iiflltd. 15 16 0 1 7 3 1 7 0 5 11 1 •New.Zcaland ■ SOW 336,785 2 "■ 8 .10 -12 0 -12 6 4 16 118.1 South British - - - JOO.OGO 416.513 1 unltd. 27} 515 0 515 0 Standard - - - 75,000 82,188 i unltd. 10 110 12 0 FINANCIAL. Equitnblo Building - CO,COO ■ 44 5K1 5 '5 10 10 0 0 10 5 0 Metropolitan Building 21X00 . .5,229 30 nil 7 VI 0 0 Welliugton Invest. - 50,000 3,033 5 4 0 012 3 ' WorgtonTrust&Loan 101.&0 39,620 5 f» 8 7 7 G National Mortgage • £00,000'' 112,250 2 8 10 J SI 35.0 340 650 K.Z. and Iiiver l'Wto - SOO.OOO S8W0B 1 nil 7 1 9 ' li 1 30 0 ■ Loan and Mercantilo - 135,222 157,353 4 84 5 000 070 . GAS. Auckland - . - 3F0.370 ' 80,552 5 .nil 15 11 0 0 14 1 5 0 Christchurch - • K2.0CO ■ 55,087 5 'nil 10 10 7 0 ; I'cildiug ' - . - 10,cm ' 101 1 nil - 0 17.0 0 38 0 0 17 0 , Gisbomo - - - 17,100 0,230 1 nil 12} 213 0 Hawcra .... - . 6,2.00 691 , -j } 10 1/10 130' . . New Plymouth - - 13,000 3,150 5 nil 10 7 35 0 Kapler - - - - ) ••• 10 nil 15 25 0 0 .... ' T - -, - ' 40,057 f 22,517 5 . 8 • IS 16 0 0 J i n is 310 o Pnlmcreton North 27,000 11,002 45 5 10 7 2 G 726664 Wellington - - - wn ' 57,OSS 10 .nil 10 10 0 0 „ ... 'I-W'U,' 0 5 30 0 10 0 MEAT. / . Canterbury - - 183,727 £0,074 7{ 25 8 8 0 0 Christchurch - • 165.920 51.337 10 nil. 8 1010 0 10 12 5 .10 10 0 7 12 5 Gear - -' wmi i 85,132 1 nil. 10 2 7 0 2 7 0 . - 4 6 10 2 7 0 .Wellington Meat Exp, ) 5 nil. 8 613 0 V, " 105,766f 53,767 4 , 1 .8 5 2 0 j 25 23 8 3 5 6 '3 5 6 6 8 3 Wanganni ., 45.850 11,401 5 nil. 8 3 5 6 5 5 0 • TRANSPORT. W. & M. Railway - 170,000 121,452 1 ' \i 7 2 2 0 N.Z. Shipping - - 473,810 113.751 -8 nil. 5 0 0 0 Union Steam - - £00,000 472,502* 10 nil. 30 38 30 0 38 30 0 5 8 1 Wgtn. Steam Ferry . • 46,250 65 1 nil. 6 018 0 . ... COAL. Westport . ' - - mooo 117,215 3i ' J* 1 15 714 0 Taupiri- '- 82,000 5,330 1 nil. '74 010 0 1 1 0' ' • WOOLLEN. Kaiapoi -. : - V- . - 100,000 - 52,854 5 nil,. 6 5 0/0 5 0 0 Mosgiel.- - - ... 8.3,457 17,192 . 3a 14 . 24 .&15 0 ' ■ " • ' Wellington ... " '£0,000 , 24,363. 4 1 6 3 5 0 3 10 0 MISCELLANEOUS. '. ■ ' ' DonaghyRopo - 47,000 — 30 nil — 5 7'6 . • • 1 J.eyland&O'Brien '.- 35.000 34,085 .1 nil 15 S 6 6 2 7 0 MauricevillcLimo - -7.000 205 1 nil 8 15 0 N.Z. Candle - - , - 10,000 — ■ 10 nil - 10 '0 0 • N.Z.Drugs. - 200.000 31,514 2 nil 7 2 0.0 2 31 0 N.Z. l'apor Mills - 01.755 1,177 ' 1 nil 7 1 3 6 1 4 0 1 3 7). 5 10 0 K.Z. Cement- - - 40,000 2,018 1 nil 8 115 0 Manning & Co. -' 96,000 57,670 . i ' -1 10 I/O 0 Ward & Co.-- EO.OCO . 10,655 . 4 :il 30 5 8 6 Wgtn.'Onera House -. 18,630 1,705 5 nil 0 510 0 .•Wgtn. Fresh Food, . tSM- — 1 "nil — 0 2 0 . , AVhitcombb&Tombs, 46,250 .30,353 , 5 nil 10' / 410 0 Sharland, Limited - 48,676 0,311 1 nil 71 013 0 ,