COMMERCIAL.

Dominion, Volume 2, Issue 602, 2 September 1909, Page 8

COMMERCIAL.

;-.? y/- : '■' .INVESTMENT; BHAKEB;; .•-.'.;.' ■■' : Sales of ;Taranaki V&V..'l!s...and ;Woatportrßt6cliton-'Ooal:'at 7s. were reported yesterday. . National Bank,'.buyers '£5 9s. 6d.; ■Wellington Investment, sellere lla. 9d.:, Welling-: ton Tru3t;and;Loani.sellers £7 25.. 6d.; Welling-: ton , Deposit, -sellers :Bs. -Hi.;- New.,: Zealand..and Elver Plato, buyers £I.lls. 6d., .sellers £1 15s; 3d.rNew : Zealand Loan .and'.H.ercantilc, sellers 3s. 3d<;'Ohristchurcli,(!as,' buyers £9.55.; Feild-: ing' Gus,;buyers 205.-9 d.; Palmerston,;North Gas, sellers .£7 :ik;. Wellington 1 Gas,- now issue,; sellers. £2 10s.;, National buyers £1,65. 6d.;'Standard Insurance, buyers £1 3a.' 3d.; Gear Moat, £4 paid; sellers £10.65.; New Zealand Ship-. ping,-buyerß-~£7; Taupiri Coal, , sellers £1 os.-3d;; , Westport-Stocktoh Coal,- sellors 7s. ■■ !d.; Leyland,oarion'\Timbor,. sellers £1 25.: 3d.) TarannkiJ Petrolonm, 205.-paid,: sellers 125.; 17s. 6d. paid, 'Hollers ;'M; 6d.-; Ward; and.Oo;, i browory. Bhares, 'sellora';X4 >Us;; /Sharland'B, ordinary, sellers £1 os. 3dj;; preference. v£l' Is. 3d. ;',■ . :■■'•,'.:; ■ ' :. .. ■ v, OE, - :;: .'Thd 'report ; o!;. the XJnion, Bank ..of 1 Australia,: -Ltd..' to 'February )27 -.last, states;-that, . after iprovision'forrdoubtful debts,' there is a net ' profit.. of £173,105,. inclusive -of ,€37,«4, balance 'brought forward. .From this tko directors have made the 'following appropriations? namely.— £10,000 Sid -reduction; of the ban); 'premises ac-. count in the colonies,; and £20,000 ; as: an addition'ito- the banlVe racrvo.fund, which Jβ thereby increased from '£1,250,000 to £1,27Q,C00. 'From She..balance: remaining (£143,005). the directors" have resolved',upon-the,declaration of a divi- : dond '■at the rate -jrf j 10 per cent, per annum, equal: to. £1 Sg.-.per .share,: and :a bonus of Z per cent., ; .equal - to 10s.'per. shnro, tho- dividend andibonus. together boing .at the rato of l<l per. 'cont.,per; annum,-.and amounting to'£lMsß.;per' share, absorbing £105,000, and leaving : . £38,005: to be carried forward. ■■: ' :. '-. .■-; -.-"■ ■. ' ; . As/compared -with : a year ago■ deposits\have been/ reduced. by: somo £643,000. '•'.. AdvaDcee for. :tho eaiuQ-'period have .boon contracted by. approximately £472,CC0. '■■'. For the six months' dopotltsiayo. oxpanded.'. slightly, -while advances have :.lioen ..reduced - ; by over. JS?ip,opO.',-:'.Tha'.-'folr lowingicomparisoh , may be made:—'. i-.; ." -, }•'■•■'• ■■'■"■/i'-Sri , .- .'■■■•■■.' "-"">-;' Net;;.'■'■■•:'■..■■■-■■.■■■'•■.' ''-Uv-.:'.: • ■'■■=.■-.,■' - .: : . >Prifits. Deposits". Advances. : :, ;. :i -';.;.'< ; .:. :.'".-iV'.': : / ; - : ' ■■£■■■■•■■-■'. £ -:'-, •: '-■ -.'£ ■■■ -■; "Fob;, -. 1906 :: a...'...'..v... 104,878 -18,683,208 .'■ 12,351,530 Fob.,: US37 !.;.•;..:.....'..:: 537.904 19,367,502' > 13.K0.728 ;:F«b.,' 1908,' ......;,....... 163,188 \! 19,965,904 ■' 14,820,354 Feb.,. 11909.- ..;,.'■.......,:' 135,661: 19,322,079; ' 14,348,287 'The.ioalance-Bhcet shows' : that.jliabilitics to. proprietors (including capital paid-up £1,500,CC0 reserves '£1,270,000, and undivided■'• profits £M3,C06) i amount to £2.913,0C6. liabilities to "the public total [ £21,843,154, and comprise £474.072; do-, posits: £19,322,079,Vand';bi11apayabJ0,£2,052,003.:. : '^rIMKiETJtiSIAEKETs:::: •-'; ''i : \'

IV'BUBineW-betwtcb .merchant:';and rotailer 'con-, tiniies-fair,, with; every; prbsiiect- of i expanding. Engagoinents , arc;being' well;-met,, arid the outlool: goaornlly 'shbwa..'a' sploniljd.iimprovement. There- are : ; yory ; in 'market- , .' quotations.. 1 -/ >:.■:-'■ : !i s- ■:.■■■■'■■■ ■:'■■■'-■■■■:■:■:■;:'■:.% ,;■■■ Jf. Arrowroot.—Supplies, from St. .Vincent are expeoted: tb ;reach' : :this , •:marlceti.to-morrow: • '.-• The Queensland -product .rc:naina'.>at:.a ■ prphibitivo 'ptice. •■."'.-v--, , -- ; -- < --" ! -'.'-'-- -■■'■.•■'"'.:-~ A-',■■:•;■■.-.-..:''-' ■ - : '-;. . Pandlcs.-The'dcffland.'is- sfackenihg: with tho lengthening/ of.- , tho'.days..,-.The,New .Zealiind: quotations '.for, , most brands ha<<c£:;becn': reduced a farthing,.-.per lb., -aid.' stand- a.v follow:—Premier -'stcarine ..and:: five .medal, ; sd;r.British ,'spormr French sperm,' uni-' :vors»l*was, r vExcpliilor, paraffin, rs3di 1 ;. Apollo, sperm ind' Xenus paramnei Sd.;.:Tcauß, coloured fluted; Gid;; :piano,',bedroom,.-and; carriage! sorts in cjirdbpird'hoies; 7id., loss.-the usual tradedisopiintsi - Price's lioridon. sperm, ISos.. 6jd.', 140z.' ,65d.;,-3rirma,'l6bi.,;6id:,;:.-.7 ::';::;: ■'... ':':>;:/■;,

■ ■■' Gornllour.T-Stcadyjbusiness passing. ■ B; and P.,. sJd.:■ to"s}d.';,:Johnson's, 2jd.; Brown's, 3d., Ohi-.c»BO'^:2id.'.',--';::.-',_v....';v-' "'■• ■■''. ■-■■"''■.■■'\ ■''■:■■■ ivCocoa.—A.. ; .steady. hand-to-mouth.;'business; Is •'doing/v;Yah .Houtcn's,.'l's',. 3s.v.M;;" I's, 35..-3d.; i'B.. 3s. 4d.:; per lb.Vßousdorp.'s;- I'sV. 2s. lOd.j 4's, 2s . lld^i'sV3a.:.Fry-V l's. Is. 4}d.: '-Biihia 2s. '.lOd/ -.Oondehsbd-Jlilk'—Jlißhlaadir, ss'.*;,-Cowslip, ; ,fls. ; ,6d.;',S"wiss.Milkmaid,. 65;.:6d.i to 6s. -lld.'por dozen.: -.Canned 'MuMs.^-rShcoh.-.-toiiEucs,.-Ida.- 6d., to lis. • taf'-Vi ;ox -. tongues, ':■ 2?s, :31s, -to 345.' to .36s...peri dozen; Gear's assorted,' potted, 45.: 6d.; . St.',',U-eorge's,»:ss.■.'i'.-.-.--.'.v.-;M- ; ':''•;-;';:•-'"; fv:.- ■-.';-..'-■.'.' :■' .Canned 'Fish.—Only a / vcryj. mod orate ■; business. " is - doing ,'iti* 'canned: fish.—Herring ' in '! tomato ■ 'oauce, M'',-.75.:- to 7s.'6d.V ''5,,45: iid.v to';ss.:,-kiir-- '■:' perod :herrings,- ! l'3,- 75.-.6d.'.t0 ;75.:9d.;4'5.'.45/ 6d.: . t0,55.; fresh 'herrings,- V 3,.'65.. to 69 ( -fid.; lobster,: ■o,ahd.B.'ilb.'tins'; Ws^M'fto.lSsi'iSalmoii.-salad;' medium -rods, lib. -tails, Os. 6d. to 1 9s:; 111), .(tats,' 't 0s;-tO:!>s..6d.;isilvcr. 'lb...llats,. ; jls,; , ,'fi9ldhnM,iiil;;. -i 'llb.'talls,-10s::6d.; lib;; Cats",-lis.';.South- !l ora-Ocoss.-Jlb.,- 6s: Gd.'.llerrluglets, ii'v oil, Huna-. 'i tor;.brnnd,:<OsV : to Bs.'6d.; in' tomato'-sauccr Os.'to' ,'■ 85.:,6 d;; .sardines;'Sltippor,3lb., tins,'ss;.'to 5v,6d.;; .:■ J's, 9s;,]9d.'fto 10s.; : -"Kins ..EdvvaraVbl'a,; 4s;i9d.: •■ ,to Ss-V': I'd,'. Bs, :6d.;f-ling.- Sni'ethurst..brand; is I ■making.'SSs'.-^to' ; '-S6s.. iior, oy/ti.-V,.Quotations for ( j -nbw.^easons/salmon;aro ,to '; hand .by.;the l mail '. '■',] iyostp'tday.'andishow,''auVadvanc'f.on last''year'a. 1 .ppeßirig,iprice'B.^;'t:hoicatch , -.6r-;Salmoniha's~uben- .■ 'small,? aba" it:is'"expected that it- will go'highor ~ later'on:, .''^^- , ;;.' -■:';- ,; :'■'. -.-"".-. '-■'■'.■■■■ jjCanneft-.iFrtiits: aro' soiling 'Jairly.wcll.v. and- t arc: £s,- Od.' to 12s.' 6d.:-..■■-. •■■v.'. X ',:Dvied ,FrnUs.-7-Thb .market' is/firm, and stocks ': iro/comparatively., small..' Currants, finest pro-: ; [inoials.iSd.;, ({leaned r.Amalias,'; 3d., lib, .cations;:. '.'. s:''"9d:;i"ierVdo!;.;4'nltanas,' % 'i'electedv3Jd:; choicb Id.; golden,-''<Jd.• to!6Jd.;por'lb.,'- 1 lib. 'd.VperJ-doz.-v-.Datcs^bulk-24d,/,per'.;lb.',»;cartons. r * S-vMWpor'-vd6A''-':TJgs.-^hd.-:inarkct-?iß'-riractio-'" illy: bars. .;i»Natural.ilg3K in r l bagS: are quoted it 23d;,t0-3d. "Bccded.raisins, fancy',4lb. paokcts ; is.,' : -chb)co-3s.'>6d. I .por:'doz: ..Muscatels.—Califor-';. iian, : ";slb. : boxes, ::6d.'; ',101b. .boxeo,''6>d.; '201b., )oxes, : 'c4»d.';'per.:lb„ :jlalaga,'si's.at-:.10d. - -pcr :Ib.: jondbn/advic.csj' state ;that.-the. currant;market .', s .:flrmV(and' sufficient 'business-is: being done ,0 absorb the-rcuiaining stocks in a.most satis-■ oppressed that Kbettcr; oteragbj:wbuln: probably,,bo arrived at; f;l6wor. valuations wore-placcd.upon.thc' bettor iualitios'nt: the beginning. of/the 'season, when. , )usines3-is"-sorbftdn ! :driven to'.the.lbv;er : grades jy-'tho' l unduly:„high:priccß .placed, upon, .fruit, vhiehv.ithoiigh: grown in tho : best >"districts and jearing' high-sounding'descriptive "..marks, has' io'bther..'claim.:,ib bo.: considered r./'choico.".. In. ;hia.,.coimcotioa;:it ! ia -satisfactory Ato notice: tho ;reat improvenidn't'inMho'har.vosting and grad-. ingA of,-■ Zan'o'v-fruitov::■■ ;..Tho-.', sultana v markot. is and; the.Vreports, concerning 'damage :to ;be;growing ;cr'6p;;havc, been confirmed.•;. ~-• ~,'V "Evaporated•'■'Fruits-h-Tlio, quotations■' are tin-;h£nged)'-"apples; -apricots, • and ■ peaches -making • lrora.-7id:-: to .6d:f per,lb.,;-'-.--'-:'.•:'r-.vv-.'.-p..-.-V-: '.Infants', Foods.—Heave's,,,9s; ,9d;; Allan-,and Banbury's Nos.'-a.: and.2,,::175.;, No.i; 3. 10s. 6d.; Bengor's,'. 17s,';: Robinson's .patent'.groats -and bar-.' ley^^^^d."'' l '' O ■:t-'.--/'.'''-''--'i--.--V'v, : -',i | : .>:':'><:,■': .'■ -'■ Oke'y's. '65.'3d..,. JLinssed—Mailed information tb\hand jespcotIng ; .tUo J Homo:!niarkel for'ilinsoed: states that partial:. rains'havoV:falien -in -Argentina, but not :,of.'.sulllciont' .volume vto:'materially -relievo the;situation, '.and-,consequently:;tbo' market for. linseed had furtter advanced.-. Buyers had been active ..for 'bothlVcbnsumptlori (and- speculative' account, .the'iContirient':, being.-speoially;-keen: "OalcnUa'to tondbn, prices' rangedat, tho-dato the mail lqft'(July. 16] jfrom 48s.'. 6d., to: WaUM-fiaai 1 La; Plata.'ifrom 455. to' 465. 3d. Ihe world's shipinentsV.werov'modorate, ibnt tho proportion'. tos f thb,:,-TJnlted: Kingdom -was 'tho. smallest,''forVmany.^wceks,;:amounting to only: 13,000-quarters oat'ot'iatdtal^ofjlll.OtO.quarters. Ihe-supply- oh'tho'iVfay-'was 786,000 :quarters;'of •ivhioh:-209,000 /quarters wero for.Great' Britain;' Avyoar'ag6:'.72l,Cl)o quarters. wore'in : Eight: yMaizena.—l)uryea's,'sld.'':''.:.-:•■■.'. -.-. ..,.:. !■■■ Milstard:—Fair sales.:- Coleman's"D.S.F.,; J'«, Is. sSd.vto-.;i8.".'6d.y J's, la. '3Jd.. to''ls: 4d.; Durham, 71b;' tins,':7d. ; : to-:.7Jd:'-,;-.'...".-.-'• ••;; v ■■■ ■/.,: , ::■:■;■, . Mdtchbs.-Plaids, '3s::'Bd,' to '3s. 9d, a, gross; :penD.y.;islidcs;-,85.,9d.;.t0 ,9s. 6d.;. safeties,- small,, foreign,'" 3s. .to 3s. 6d.;, Bryant, and '-May's.' small, 4b.: 6a.; large, '75. :. 6 d.'■-■•: .;' ;. : ,-.■■.'" ,;.-",:- :'Kutmegs,'9d.'.'to'ls'. :por 1b.,.:,-' •':■ ■';■'•'.■' ,Peel.—Lemon ipeel.'7's,iSid.; orange, Sid.;-'cit-' ron, 10Jd.;'per lb. -rv .-:',: ;-.'-.-'.-, :,-. . ".;■■_■■ > -l'ickles.-rjlorton's' hexagon 10s. 6d.,'•: round 12s. 6d.- per:dosen; Captain White's, 23s.'.id.;' Garton's. H.P:,;i-pintß, 12s. 6d.; ! .pints,' 225. 6d.; puro pickles,.:9s.: 6d..'to: 10b.- ..:..:. •; :. \ ■■■'': _';. IPlate Glass.—Eeports have ibeen'.' received -re--cording ; a. further:advance in-tho European, kets of ,s ; por cent.: In prices of plateglass, with ■ tho' ioutlook for..this article, some.whdl '-unsettled.: ;.Tho necessity. ;for.:this-'ad-vaneo-ln tho,Belgium markets has-'been brought about by,,the. workers in that country demand-ing':an-'ihbreaße of 10 per cent.',in.their wages, with the threat to strike unless this is complied with V.' ..This inereoso 'in- their-pay.is.required-from September, 1, but furthermore, the workers also stipulate that; tho production ■of platc"glass' in Belgium "shall at the s-jmo time, bo curtailed 20 per cent. .Increased cost of labour and a decreased output in any commodity must spell 'higher : prices totho consumers. :-.-. : -Eico.-rNo. -1, .155..6 d.;;•■ N0.;2,. 14s. 6d.;, special, .Japan,'. i6s. per cwt., .'.'-.:••'■■■■'.:' ■'.- ' " ' . ■' . : Bait—Fino, 71b. bags, 65.'.: 6d. to' 6s: ;6d. ,per cwt.; bags', 3s. 6d. to 45.; coarse.-in cwt. bags, '3s,':to 33.->6d. per owt.- ': ",' •"; ' Sauces.—L. r and 14s.' to . 14s. 6d.; pints, 255. to'2ss.Hd;; Holbrook's,' j-pints, 7s. 6d.; pints, 10s.' 6d. toiOs. 9d.; garton's, J-pints, ,7a. 6d.; pints, 10s.' to-10a. 6d.; Eagle-brand (N.Z.), '4-pints, 2s. 9d..to'3s:;-pints, 6s. 6d. to 6s. ■ -'Starch.-Oolman's, lib. boies; 5Jd. to 63d.; 51b. packets, -sd/-to HA.; Hew 'Zealand,: lib;, boxes, 385.'.t0. 39s.:per cwt.; ;61b. packets,:37s. to, 385.-per. .-.; Stove '-Polish— Nixoy's, ;2b. - 6d.; Eeekitt's,; 8s; :'pcr-:dozen.; ; : ■■;,':,':':.■,;.; : "-''■< 7-: Sugar.—Tho market'is steady, with a good demand.- : lAvand No. .1, 66's, £16- 155,;,.N0.( 2, £16 'ss.::No. 3,'£15 6s. per: ton.•"•'.';-.".'■"-.' ■: Vinegar.—Midland Eed ;Hock,: quarts, Bs.' 6d.; Champion, quarts, 95.-.6 d.;.' Bod ■ Seal,: quarts, 45.; Midland concentrated,!BoZ.■-bottles.'lla. 6d. per dozen; cbucentrutcd,■'••s' gal. ,cnaka,- 9a., 6d. per gallon; pure ,malt, '. 28ga1.. caska,.; 2s. 9d.: per 'gallon.: ::;.;■;::>;":.:.,'":..-.- ; '.: ■;;,-;;:: -~.:'■•' ,; Onstoms revenue collected" at-Wellington yesterday'amounted to, £2295 Oa.'«,;.';: ", ~,, ;}:Jw f LIVE STOCK SALES. ■■'-~;• .-:...: (By. Tolcgrapb.-Press'Alssoclatlon.) . v ( '. : ; '.'•■'-' OhrfslDhiirch, Septomber 1. : 'At-the Addinsion live stock market to-day, owing to wet weather, entries..of. stock wero generally smaller-than of lato, and-the. attend, once was limited. Fat cattle wcrc'dullof salo, and,fat sheep, owing'to short supply, showed an Improvement at \ tho opening of the sale, but towards the close, prices fell below, thoso of last week..-. -Storeisheep also sold well, and P|g« showed praotically no change. ,Btoro and dairy cattle-.wero dull-of sale.- Tho entry of -6tpi;o sheep : was ' a small .'one, 'tho, majority, being 'hoggets,' but there, wore'also'a few pens of ewes and.lambs,. 1 There was a hotter, inquiry for, all classes, and hoggets, which were mostly medium "- sorts, sold at an advance of about 6d. a head. Ono lot of three-quarterbred ewe hoggets made 13fi.J 'halfbred hoggets (small and of mixed sexes), 9s. .'id.v.'td '93. 6d.; ,ev(es, and .lambß,.:6s. lid;, nil •jbunted. • There' were .0; few 1 now' Boaaon'e fat .iamlis nenn£d..aQd they .said at 15a. 6d, to 18si ;