COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 900, 20 August 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. ,' Coal shares came in for attention yesterday, and sales wore made of Taupiri Coal at 20s. 3d., and Westport-Stockton at £6 Ks. 3d. Wellington Gas. new ißsuo shares, also changed hands at £2 7s. 6d. premium.. The following were tho quotations:—

|WANGAITOI MEAT COMPANY. Tlio experience o£ the Wanganui Ilcat Freezing Company, Ltd., during • the • past five years illustrates the. difficulties attending tho meat trade, and how hard ;it is even' lor the experts to , correctly estimate' the .prospects. : The receipts, expenditure, and profit and loss for each of the past' five years show as under;— ■ . ■ • ■ Profit

In 1906 and 1907 . the company did fairly well, bnt in 1908 thero was a great shrinUaso in the .profits,, and were it not for the sum of £1315 9s. 6d. carried over from the previous year, which furnished a credit balance of £5413 os. 9d., tho company could never have paid the dividend of 6 pel':;cent. It is a question wjicthcr it was' prudent to pay so large a, dividend ■in face of the adverse experience, but tho directors were no doubt to some extent justified in believing that an improvement would' set ill. ■ Unfortunately tho year 1908-9-proved worse than the previous year, and'.the result was a.loss of £9475 Os. 9d. It was, really woteo than this, uecauso The loss was' really £15,475 6s. 9d., and was reduced to £6824'. 15a. 7d. by drawing JEGOCO from the reserve fund, and absorbing tho £2650 ss. 2d. carried over from the previous year. The balance-sheet for the year ended July 31, 1910, just circulated, has put a different complexion; on the position. The profit is exceptionally largo, amounting to £12,721 Is. 3d. This enables the directors to cover tho debit balance of last, year., to pay a dividend of 5 per cent., and to carry forwa-rd a very substantial sum. In point of fact, the .company is back to tho position it was in at the close of the financial year in 1908. It has. however, to make good, the dividend mat was. not. paid last j'ear.. There is lio .reason wliy the company should not, with ordinary care,, raise tho dividend to, say, 7 pur cent: next year. It is interesting to compare the liabilities, and assets for the past two. years, and the figures arc as under;— ■■" . .'■ :'

, ■ 106,215 83,673 Herb it will bo seen that the company has in the past year reduced its liabilities by the: substantial sum of £22.542, and what is particularly commendable is that the floating liabilities,' such as sundry creditoru and deposits, have been reduced to very small proportions:— ■

99,389 89,568 The assets are reduced by less than £10,000, and this, taken in conjunction. with the movements in the liabilities, shows the company to bo in a very good position. ~'.': NOTES. . ■ ■ : Canada is slowing down in her immigratiou campaign. No one is now allowed to land who has not got £5 and o> railway ticket to.take him inland. . "Penniless men with backbone are an asset," says the "Monetary Times," "but poverty and push seldom run together." '"Penniless men with a wishbone, no desire to work, a knack of leaniUK on others, would be multiplied in our land, where no room exists for the human parasite," continues .the tame authority. Last year probably as much British capital went into the Duteh islands of Java, Sumatra, and others in the Archipelago as into Australia.' That was due to the rubber boom, which, of course, Australia will not attempt to cater for. All the same, it is significant. 'Those insurance companies which accent practically every known risk have been compelled to,consider aviation as a thing of the present, and to writo aerial insurance. , This business is said to be increasing. The premiums depend on tho . proficiency of the flyer and tho typo of machine. • • '.Cue' statistical tables published by "Lloyd's Eegietfir" shows that the total tonnage 'of tne world's mercantile marine amounts' now to 41,915,000 tons, of which all but 4,624,000 tons are steamers. Of this total tho United Kingdom owns 17,517,000 tons, of which only 749,000 tons are sailers, the latter on tho last 25 years ha.ving been reduced by 77 per cent., as against an increase of 172 per cent, in tho strain tonnage. Another feature of the altered conditions in marine, transport is tne greatly increased carrying capacity of tho modem steamer, known as the potential tonnage'. On this basis tho United Kingdom' owns seneoins .vessels of 41.566,000 1 tons, as compared with a potential tonnage of- 48,641,000 tons owned by foreipm and colonial firms. Lovcll and Christmas, ono of tho largest dairy produce firms in Groat Britain, and the handlers of considerable quantities of Australian butter, had a satisfactory report to submit to shareholders last month. Tho financial statement which denlt with the year ended June 30 last showed that after provision liad been made for all contingencies there remained a net profit of ■ £68,422. Adding tho amount brought forward from the immediately preceding twelve mouths, £25,867, the sum available was £94,289. The trading profits showed an Increase of £2400. Out of the net Rain a dividend at the rate of 7 per cent, per annum was declared, leaving £32,589 to bo carried forward. The report mentioned that competition remained very keen in all branches of the provision trade, rendering profit-making most difficult, but that notwithstanding that fact tho company's sales had been largely iu excess of those of tlio previous year. Customs revenue collected at the port of Wclliugtoii yesterday amounted to £1681 19s.

GBAIK AND PRODUCE. (By Telegraph-Press Association.) Chrlstchurch, August 19. The wheat market in Sydney still continues tu fluctuate, and this week another full is rcDorted. At the- came time, tliero appears to be confidence at Home. lit future, it is reported that a, large quantity of Australian new crop has been soid for January and February delivery, at 395. Whilst Australian wheat is saleable, tho softer New Zealaud wheat i= evidently not wanted at Home, as sales are diilieult to effect, even at tho nominal price of 325. per quarter, the quotation that has btcii received this week. It is stated that some Canterbury growers are shipping on their own account, though prospects arc apparently not encouraging. There is fair Inquiry for wheat, and some business has been passing between merchants, buyers, and growers. Ideas of value are mostly several ponce apart, and for wheat that 3s. 2d. and 3s. 3d. is offered, 3s. 6d. is being asked. A few sales have, however, taken place during tho past few days. A line of SCO buihels of prime pearl lias been taken at 3s. Bd., 500 sacks of food tuscan at 35.. '600 sacks of f.a.q. Tuscan at 3s. Id, 600 sacks' of fowl .wheat at 2s. lid., and 550 sacks at 2s. ,9d., all at country stations. A lino of good malting tuscan has also been bought at 3s. 4d., and a. .ine of fowl wheat at 2s. Bd. Australian Hour is still .coming into Auckland, the James Craig having taken 11,486 sacks from Melbourne. In faco of the fact that oats are quoted at a lower price from south, no buEiness in this coreai can ho done with tho North Chaff from Australia is being landed in Auckland at 90s. c.i.f., duty paid, and this is checking local export. Potatoes aro still showing more firmness, and guaranteed samples are worth 2b. 6d. more. Tnero is a good inquiry for seed, and tilt selling of tho fine weather is stimulating tho demand for grass seeds, thougn most of the business passing is of a wholeBale character. WELLINGTON • MARKET REPORT. The New Zealand Farmers' Co-operative Distributing Co. report prices for tho week as follow:—Potatoes, prime, £7 10s. to £8 i.per ton; potatoes, seed, specially, selected, Canterbury Up-to-daics, £7 10s. to £8 per ton; onions, Australian, £7 per ton; pickling onions, local, 7s. 6d. cwt.; garlic, 3d. ner lb.; cabbage, choice,. ss. Cd. to Bs. 6d.; ordinary, 3s. to 4s. 6d. per sack; cauliflower, choice, lCs. to 12s. Cd.; others, 3s. to ?s. 6d. per sack; carrots, Hutt, 6d. dozen, and ss. per sack; turnips, white, 6d. dozen; swedes, 2s.' 6d. to 3s. pel- sack; vegetable marrows, 2s. 6d. to 3s. per sack; pumpkins, 3s. to 4s. sack; pic-melons, 3s. to 4s. per sack; lettuce, choice, 4s. 6d. to 6s. 6d.; fair, 2s. 6d. to 3s. per case; spinach, best, 3s. 6d to. ss. per ca-sc; sprint; onions, lCct. dozen bundles; apples, cookers, large, 4s. 6d. to Bs.; small, 3a. to' 4s. case: apples, dessert, well coloured, 7s. to 9s. Cd.; others,. 4s. to ss. 6d. per case; pears, dessert, 10s. to 15s. 6d.; cookers, large, 4s. 6d. to ss. 6d.;' small, 3s. Gd. to 4s. per case; butter, sup.irn.tor, IOd.; dairy, 9id. per. lb.; cheese, best factory mediums, 6d. per lb.; ioar, 7d. per lb.; drosted pork, 70's to 90's, 5d.; 90's to 100's, 4Sd.; baconers,- 4d. to 4jd.; choppers'(heavy), 3d. to 3Jd-; eggs,'fresh, Is. per dozen;. bacon, factory, sides, 7d.; rolls, 7*d.; liains,' 9d. per lb.; honey,. 4d. to,4Jd. "per lb.; beeswax, ,Is. 4(1. to Is. 6d. per lb.; fungus, keen demand at 5Jd. per lb.; walnuts,. sd. to s£d. per lb.; tallow, tins, 235. cwt.; wool, sheepskins ,and hides, special sale on August 26, 1910; poultry, ss. 6d. to 63. 6d. for good birds; small, 3s. 6d.; tablo roosters, 4s. to 55.; table' hens, 3s. 6d.; small, Zs. 6d.; ducks, large, sa. to 6s. 6d.; small, 3s. 6d. per pair; turkey gobblers, 9d. per lb.; hens, 8d per lb. live weight. Maize, 3s. 9d. per bushel; wheat, 3s. 9d.; special, 4s. per bushel; barley (feed),. 3s. 3d. per bushel; barley, Cape, 3s. 6d. per bushel; horse beans, 4s. 9d. bushel; partridge peas, 4s. 3d. to ss. per bushel; Prussian blue peas, ss. 6d per bushel; barley meal, £6 per ton; no-llard, £6 10s. to £6 15s.'per ton; oat pollard,. 2s. 6d. sack of about 901b.; bran, £4 10s. to'£4 15s. per ton; chaff, oaten sheaf, £5 10s. to £5,155. per ton; oaten straw\chafr, £3 .15s. per ton; hay, prime, £3 15s. to £5 per ton;, suchrosine, £6 10s. ner ton; straw, wheaten, £2 10s. per ton; straw, oaten, £2 7s. 6d. per ton; linseed oil cake, .genuine, £13 per ton; cocoanut oil cake, Bs. per cwt.; oats, feed, 2s. Id. to 2s. Bd. per bushel; oats, seed Sparrowbilla, Gartons, Duns, 2s. 6d.; Algerians, 3s. 3d. per bushel; .oats, crushed, 2s. Bd. per bushel. Basic' slag,,high grade, 19 per cent, phosphoric anhydride, £4 10s. n per ton. Superphosphates, Mount Lyell, £5 per ton; ss. less for ton or ,morc. ■ _' ' Mr. Newton King's weekly stock report is as follows:—At the- Haymarket on Saturday a fair-number of pigs were penned. Slips made ss. 6d.; weaners, ■ 7s. 6d. to 10s.; 'stores, 14s. 6d. t<s 18s.; porkers,' £1 2s. 6d.: sow in farrow, £1 12s. 6d. 'On Monday I held a-clearing sale at Onacro on account of Mr. P. Hanson. There was a good attendance, and the cows, which were in fair order and. a good-looking lot, sold aa ■ fol-low:-Early calvcra, £6 IDs. to £7; later, £4 155.-to'£6; store pigs, 14s. 6d.; mower,. £7; spring trap, £7 10s.; dray, £10 10s.; 0months draught colt,. £10; furniture and sundries sold at prices in favour of ; purchasers. . At Rahotu on Tuesday .there was a good yarding, Weaners' made 325. to £2 55.; yearling lielfcrs, £2 10a. 6d; to. £3; yearling steers, £2 7s. 6d.;- empty heifers, £3 ss. to £3 135.; store cows, £2 ss, to ,£3 11s.; old do., 15s. to £1 18s. 6d.; forward, store cows, £3 18s. to £4 10s.; fat cows, £5' 17s. 6d. to £6 2s. 6d.; springing cows, £6 to-£7; bullH. £3 Us: to £5 17s. 6d. At the sa-mo sale I sold Mr. A. J.Thomas's dairy, and prices for early ealvers ranged from £6 15s. to £8 155.; later, £4 ss. to £6 10s. On the same-day.-I held a clearing E-alc at Tututawa, on account of 3lr. J. Bratli, at which there, was a good attendance of buyers. Bidding was keen, and everything sold well, prices being even throughout, the herd of 42 cows averaging £8 Us. 6d Early calvers made £7 10s. to £11 1&8.; later, £6 2s. 6d. to £6 155.; store pigs, 12s. to 155.; slip's, Its. 3d On.account of other vendors, cows sold from £6 to £9 15s. On Wednesday I held a clearing sale at Okato, on account of Mr. W. Chowan, but the cows, which were rather on the old side, and not in too good condition, realised for early calvers, £6 to £9; later. £4 to £5 155.; very late and empty, £3 to .-63 15s • bull, £3 17s. 6d.; sow and litter,£5 2s. 6d.;' misled yearlings. £2 125.; sundries solfl-at usual rates. At Waiwakaiko, on Thursday, despite tho very wet weather,there was a good yarding., Weaners made 27s to 315.; ycarhngs (mixed), 425. 6d.; empty heifers, £3 11s. 6d. to £3 165.; in-calf heifers, £4 to £5; springing heifers; £6 to £6 53.; 2-year steers, £3 195.; Etore covrs, £2 10s. to £3 165.: forward cows, £4' to £4 11s.; fat cove, £7 to £7 11s. 6d.; springing cows, £4 15s. to £6 17s. '6d.; Jersey heifers, £3 15s. to £5 Is.; bulls, £1 17s. 6d. to £2 18s. 6d.; hoggets, 13a. Id.;.ewes and lambs, 275. 6d. At the same Eale, on account of Mr. Frost, gradt Jersey heifers made £4 145.; : early cadyer Jersey cows, £7 15s. to £11 10s.;.later do., £5 15s. to £6 155.: pedigree Jersey heifer, Hazelwood Girl, 151 guineas; pedigree .lcrsey coir Fitzroj- Lass, 34 guineas; pedigree bull, Dominion, 20 guineae. ■ FEUIT AND PRODUCE EEPOKT. The New Zealand Fruit and Produce Co., Ltd.,' report:—The market continues good for both fruit and vegetables, apples especially being in good request, the small shipment arriving from Hobart, causing prices to advance. A similar rise attended shipments from Motueka. Potatoes are still advancing, although we do not anticipate ' them going muoh higher. Chaff and grain keep steady. 'Eggs arc declining in value, as supplies aie coming in more plentifully. -The following prices were ruling during the wook:—Potatoes, 7s. 6d. to Bs. 3d. cwt.; onions, 6s. 6d. to 7s. cwt.; swedes, 2-s. 6d. ewt.; turnips, 4s. to 4s. 9d. eack; carrots., 3s. 6d. to ss.'9d. sack parsnips, Bs. to 9s. sack; cabbage. 4s. to 95.. 6d. sack; artichokes, ss. (part bag); cauliflower, 9s Cd. to lie. 6d. sack; pumpkin, 3s. to 4s. sack; marrows, 2s. to 3s. Eack; lettuce, 3s. to 6s. 6d. case; spinach, 4s. to ss. case; apples (Washington), 7s. 9d. to Bs. 6d.; apples (stone pippin), 7s. io Bs.; apples llokewood), 7s. to Bs.; apples (Epps's seedlings), 4s. to ss. 6d.; apples (Stunners), 7s. to Bs. 6d.; apples (Scarlet Perniains), Bs. 6d to 10s.; Hobart apples (Scarlet Pcrmains), 9s. 6d. to 10s. 4d.; Hobart apples (stone pippin), 7s. to Bs. 6d.; apples (Freiicn crabs), Bs. 9d. to 9s. 3d.; apples (russets), 9s to 9s. 3d.; passion fruit, 6s. 6d. box; oranges, 9s. to 10s.; bananas, 15s. to 18b.; mandnxins,' Bs. to 9s. 6d.; lemons, Bs. to 95.; oars (cooking), 7s. 6d. to Bs. 6d.; pears (dessert), 4s. 6:1. half case; pines, 9s. to 10s.; Scvilles, 4s. to 55.; cucumbers, 10s. to 11s. 6d.; peas, 4Jd. per lb.; eggs, Is. 2d. to Is. 3d dozen; cliaff. £5 to £5 155.; oats, A grade Gartens, 2s. 6d.; rice, 6s. 6d. (E6lb.) mat; bran, Bs. 3d. sack; wheat, 4s. to 4s. 3d. bushel; straw, 2s. to 2s. 3d. bale; pollaTd, £6 ton; peanuts, 2JB. sack; ducks, 4s. 6d. to 6s. pair; hens, 3s. to 3s. 6d. pair. WOOL, HIDE, AND TALLOW SALES. Messrs. Abraham and Williams, Ltd., report:—Wo held our' monthly Palmerston sale yesterday, and submitted a good catalogue to a fair attendance of buyers. lidding wa» fairly spirited throughout the Dale, and practically al! our offering was sold at full market rates. Wool: As is usual at this time of year, our entry consisted chiefly of medium, crutchings. We quote.—Medium crutchings, sd. to 6d. per lb ; dirty inferior do., 4d. to 4Jd.; lambs, 7Sd.; dead, 5d., 6*d., 6d. to 71d.: black, 5Sd. to 6d.; pieces, 33d. to 4Jd.; inferior do., Id. to lid. Skins: Crossbred, medium to fine, 65di, 7d., 71d., 7id. to Bd.; crossbred, inferior, 4id. to 6d.; lambs, 7d.; hoggets, 6Jd.; doad and damaged, 5Jd. to 61(1..- quarter to half wools, 4id. Butchers' skins: Crossbred, 3s. Id., 3s. Bd., 4s. Id., 4s. 6d., f,s. Bd., 53. 2d., ss. Bd., bs. lOd., t>3. 9d. ,6s. lOd. 7s Id., to 7s. lid.; hoggets, Is. Bd.; dead, 2s. lid. to 4s. Bd.; green crossbred. 2s. 5d., 3s. 2d. to ss. 10d.; Baited, 2s. lid. to 3s. Id. Hides: Ox, medium weights, 52(1. to 61d.; light, 51d.; ox, cut, 5(1.; cows, med-iuni°-sd. to 5Jd.; light, SJd. to 5?d.; cows, out 4d. to 5d.; heifers and steers, 53d.; bulls, sd. to sgd.; stags, sjld.; horse hides, 3s 6d., 7s. 6d., Us. 9d. to 12s. 6d. Calfskins: Calf, Found, Bid- to 95d.; to 9Sd.; calf, cut, 61d.; calf, dry, 4Sd.; yearlings, 4Jd. to 53d Tallow: Casks, £26 15s. to £27 per ton; tins, £13 ss. to £23 15s. per ton; bags fat, 16s. 6d. to 16s. 9d. por cwt. Sundries: Cow tails, is. 6d. per dozen; horse hair, Iβ. 51d, to Iβ, 7id. pel" 10.

MINING NEWS. WELLINGTON SHAKE JfAKKET. Business was again Qiiiut yesterday, but there were several transactions in Boss Goldlields, which advanced from ss. sd. to ss. 9d., with steady buyers at the latter price. Tho transactions recorded wore as under: — May Queen, 3s. lid. (second call). Talisman. 555. , 3d. (first call); 555. 6d. (second call). Waihi Grand Junction, 38s. 3d., 38s. (first call). Progress, 12s. 6d. (first call). . Koss Goldflelds, ss. 5d., ss. 6d., ss. sd. (first call); ss. 6d., ss. 2d.. ss. 7d. ss. 7d. (second call); ss. 9d., ss. 9d., ss. 9d. (third call). i QUOTATIONS.

STOCK -EXCHANGE. (By Telegraph.—Press Association.) Auckland, August 19. Business done on 'Change to-day:— May Queen, 4s. Albuniia, llid. Watchman, 2s. 3d. Mount Zechan (con.), 6d. Koss, ss. Id. to ss. Bd. Tairua Broken Hills, Is. . Hauraki Reefs (con.), Bd. Talisman, 565., 565. 3d. Waihi, £8 ss. Grand Junction, 38s. 9d. New Zealand Insurance, 83s. Auckland Gas, 675. Wilson's Cement (ord.), 435., 42b. 6d. Tho following business was done at the 3.15 p.m. call to-day.— Ross Goldfields, ss. 9d. Dominion (con.), lid. Tairua Broken Hills, Is. 9d. Tairua Monarch, 2d. Waihi Keofs Consolidated, ss. 6d. Waihi Grand Junction, 38s. 6d. Talisman Consolidated, 565. 6d. Now Zealand Insurance. 835.. Taupiri Coal, 20s. 6d. Kuranu!, 4Jd. ■ . Victoria, Is. Id. Consolidated Goldfields, 21s. 6d. ' . . ■ Dunedln, August 19. ' Stock Exchange sales:— Boss Goldfields, ss. 6d., ss. Bd. ; Waihi Grand Junction, £1 17s. 9d.' Sales reported:— Koss Goldfields, ss. Waihi Grand Junction (8 weeks' dolWcry), £1 19s. 6d. ' Now Zealand Paper Mills. £1 3s. 6d., £1 3s. 6d. . .e\v Zealand, Drug, £i Hβ. 6a. LONDON MINING/QUOTATIONS. By Telegraph—l'ress Association— Oonyntrnt. ■ London,' August 18. Stock Exchange Quotations include:— Waihi Gold-mining', buyers 161s. 3d., sellers 1635. 9d.; Junction,- buyers 38s. Id., sellers 395. 4d. ..- .. ' BOSS GOLDFIELDS'CO. ' AUCKLAND SHAREHOLDEKS. MEET. CBj , Tcleiffnull —Press Association.' . Auckland, August 19. ' Local shareholders in the Koss Goldfields met this afternoon in the call room of tho Auckland Stock, Exchange, for the purpose of considering tho proposals of the directors of tho company. These- aie: (1) To raise fresh capital by debentures, or jssuing tho 10,000 unissued shares as preferential; (2) to consider the advisability of removing the office'of the company from Hokitilta; (3) to elect four directors to fill the vacancies caused by the retirement of

Dr. Neds' and Messrs. Michel, Murdoch, and Weston. Mr. G. A. Buttle presided. Kesolutions wera adopted strongly protesting against tliD proposal of the directors to issue debentures or preferential shares, ami suggesting that a new cumpasy be formed, ,vith 160.CC0 shares at 10s. cacli, with p. liability of 3s. per share, present shareholders to receive two shares for every oiks at present held. It was also decided to ask for time for the Auckland shareholders to register before anything was decided upon. OHKISTCHUEOH MEETING. (By Telegraph.—Press Association.) Chrlstcliurch, August 19. A mooting of local shareholders in the Boss Goldflelds 00. was held to-night to consider what attitude should be takes by them at the meeting to be held at Wellington on Thursday. A resolution was carried condemning tho past management of tho mine, and it was decided to recommend to the We'li-igton shareholders that tho most practical method of raising funda would be by writing dows the shares to 153., leaving a liability of ss. per share. WAIEI GOLD MINING CO. ' (By Telegraph.—l'resa Association.! Auckland, August 19. Tho Waihi Gold Mining Co. during tho four-weekly period ended August 6 crushed and treated 34,852 tons of ore for a return, of bullion of an estimated value of £73,570. Tho total won from the mine to date is £8,745,315. . DREDGING. (By Telegraph.—Press Association.) Dunedln, August 19. Dredging returns: Walkaia, 80oz. 7dwt.; Molyncnx Hydraulic, 700z.; Good Chance, 60oz. 16dwt.i Manuherikia, 600z.; Electric 11, 370z. ldwt.; Mystery Flat, 360z. jjdwt.j Electric I, 250z. sdwt.; Kopatai, 21oz. 15dwt.; Hartley and Eiley, 190z.; Sailor's Bend, 170z.j Karaunul, 15oz. lOdwt.

. Buyers. Sellers. Sales. £ s. d. £ 5. d. £ s. d 'Bank N.Z. ....... - 10 17 6 —. National Bank — .5 18 0' • — Equitable Building «' Metropolitan 12 0 C ' — ■- . N.Z. Loan and Mercantile : - 0 12 6 - N.Z. and Itiver . Plate ..: .......;... - 2 1 0, ~ Chrisichurch Gas... — 917 6 — • FciWins Gas - 12 0,.Wellington Gas (£10)'IS ! ( - - Wellington Ga'n (£6 . . 15s.) 13 12 6 . — - Wellington Gas (now issue) 2 6 6 -. 2 7 6 •/Standard InBuranco 1 5 .0 — — - OaristcUurch Jleat 1315 0 — — ,' Gear Meat (£<1) ... 10 5' 0 - Gear Meat (£1) 2 15 0 —.■■—. Meat Export (£212s. 6d.) ;.... - 3 5 0 - . N.Z. 'Shipping :. 9 12 6 10 0 0 - Well. Woollen (ord.) 3 10 0 2 12 6 ■ — Well. Woollen (pref.) Z 13 6 2 15 0 — Taupiri OoaJ 100 1, 06 103 Westport Coal ..:... — 6 15 0 6 14 3 Leyland-O'Bnen 17 0 18 0 N.Z. Con. Dental... — . 12 6N.Z. Paper Mills../1-2 3 — . - Sharlarid's ord 12 0 - V. — Sharlaud's pref. .:. 1 2 0 — — TaranaUi Petrolcuin , — , 0 11 0 — Tnringamutn Totara 110 0 — ■ — . Ward and Co. — 55 0 — ;

Receipts. Expouditure. and loss. ' •. ;■ £ s. d. ■ £ s. d. ■ £ 8. d. 1906:;.. 11,532 4 10 4,907 16 4 6,624 8 6 1907.'... 13,630 19 .4 6,720 6 8, 6,910 12 8 1908 ... 8,233 13 0 7,136 1 9 1,09711 3 1909 ... 6,001' 10 0 15,176 10 9 9.475 0.9' 1910 .:. 22,692 19 7 9,971 18 4 12,721 1 3 - ■Loss 1 .'

.' ■•■.■•. ■ • 1909. 1910. Liabilities— £ :& Paid capital 46,146 48,602 Deposits ;... 20,923 5,000 Tyser Line 10,000 - • Mortgage • debenture — 15,615 Hortgascs 5,000 12,000 . Unclaimed div. 12 12 Bank 21 - 'Sundry creditors 26,113 ' 2,444

'■' ■ ; 1909. 1910. Assets- - £ £ : Property and plQJit 79,812 80,424 Stock : 15,942 6,591) Cash in hand „.. 142 .'■ 155 . Sundry debtors 3,493 2,278 Cash in bank ' — 121

£ a. d. £ s. d. £ a. d. Bixon Consolidated — 0 0 3 — Dominion — 0 0 3 - Kuraniii Caledonian — 0 19 - May Queen 0 3 11 0 4 1 0 311 New Sylvia 0 3 10 0 4 0 — Old Ilauraki - 0 4 6 0 4 8 - Saxon 0 16 — ■ — Ta'irua Broken Hills 0 1 5 0 1 10 — Talisman 2 15 6 2 16 0 2 15 6 Wailii 8 3 0 8 6 0 - Waihi Extended ... — 0 3 0 — Wailii G'd. June. ... 117 9 118 0 118 0 Waitangi - 0 2 3 - Watchman 0 2 2 0 2 4 - Mackwater — 1 14 3 — Con. Colddelds - 1 2 j> - Progrces - 0 13 0 012 6 Boss Goldflelds 0 5 9 0 510 0 5 9