COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1006, 22 December 1910, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A fair business was done in investment shares yesterday. Sales were reported of Jlanlt of Now Zealand at £10 145., Wellington Trust and Loan, at £7 12s. 6d.. Feildins Gas at £1 Is. 9d., Wellington Gig (£lO paid) at £19 55., and Wellington "Woollen (ord.) at £3 16s. The quotations and last sales were as under;— . Buyers. Sellers Sale? £s. d. £s. d. £s. d. Bank N.Z ; - '10 15 0 10 14 0 •National Bank ...... 5 16.0 5 IV.O — Equitable. Building 912 6 ' — — Wellington Invest:.. 011 0 0116 — 'Well. Trust and Loan 712 6 715 0 712 6 Christchurch Gas ... 915 0 . — — Feildini;, Gas 11,6 — 119 'Well. Gas (£10) 19 3 6 19 10 0 19 5 0 Well. Gas (.€6 155.) 13 10 0 — Well. Woollen (ord.) 3 15 9 — 316 0 Well. Woollen (pref.) 2 15 3 — — Taupiri Coal 10 4 — — Westport Coal 7 1 0 75 0. — Wy st port-Stock ton — 0,70 — Leyland-O'Brien ... 1■ 6 6 — — Manning and 00. ... 4 7.6 411 0 — N.Z. Con. Dental ... 1 2 6 - - N.Z. Paper Hills ... 1 3 6 - - ' Sharland's pref. ... 1 1 9 —• — Taringamutu Totara- 2 3 3 — — Ward and Co, — 5 5 6 — , Wltftcombe and Tombs — 6 7 0 •- CUE IMPORTS. FEOJI HOME. -- ' The following is', a return of the principal lines of goods of British manufacture exported to Isow Zealand during the month of October, 1911), also for tlie ten. inonihr, ending October 31, 1910, v/i'li Usures I%'J Shown for purposes of comparison, compiled from the Board of Trade returns:— Ten Month months ending ' ending Oct. 31. 0et.3l 1909. 1910. 19C9. 1910. £££ £ • Beer and ale ... 2,507 3,095 29,690 30,752 .Spirits. 24,372 23,686 184,411 205,189 Iron and steel, and manufactures thereof 80,186 94,977 670,121 854,326 Copper, wrought ' and manufactured 1,825 5,049 22,334 27,116 Cutlery 3,676 3,971 26,502 34,766 Kardwa.ro 8,979 13,705 81,320 94,139 Cotton piece goods of all kinds ... 37,720 40,528 544,179 599,634 Woollen and worsted manufac- ' turcs 10,900 26,127 277,736 334,443 Haberdashery and millinery 2,736 3,370 52,269 52,761 Juto manufactures 3,641 5,316 31,365 30,828 Linen piece goods of all kinds ... 5,499 10,835 71,759 86,473 Apparel • 19,0C8 . 23,558 389,373 443,662 Boots and shoes 9,955 18,239 145,C86 163,870 Saddlery and harness 4,002 4,211 30,012 30,189 China and earthenware 11,172 16,068 74,996 86,760 Writing and printing paper ......... 9,773 12,83 7 94,903 108,697 • Cement 2,634 6,196 22,888 27,310 Stationery other than paper ... 6,553 6,724 <9,861 49,954

NATIONAL MUTUAL LIFE. Tho report of the National Mutual Life Association, Limited, for the year ended September 30 last, is exceptionally good, and shows that the association has made excellent progress. The new business of £3,267,437 written during the year was nearly £53,C00 in excess of that of 19C8-9, although the latter included the business of tho Australian Alliance Company. Tho actual improvement wao. really .better than the figures would indicate, for, in the previous year's report, the new business included the reassurances of tho life department of the Australian Alliance, amounting to £253,207, which,'owing to a hitch In the negotiations, shonld not have appeared. The amount involved has accordingly been written off. Making this adjustment, the sum assured during tho past year would represent £305,811 more than that of the immediately preceding twelve months. The total ineome for the year was £1,222,668, as against £1,219,980. premiums on policies accounting for £800,149, and interest and rents to £280,862. Tho expenditure aggregated £609,835, policyholders or their representatives receiving £441,324. The insurance fund has been increased to £6.194,633. The association's assets include ' Government securities £267,•

162. and municipal and other debentures £60,638. Loans on mortgage represeut £3,507,555, and other loans £853.590. Building societies' shares stand at £47,040, and properties acquired by foreclosure at £84,172, being a reduction of £12,773 in the twelve months. Freehold property amounts to £813,979, as against a total of £717,671 iu freehold and leasehold at the cud of September, 1909. Cash in .hand and on deposit totals £394,131, that item being £231,946 more than at tho close of the previous year, in addition to which a bank overdraft has disappeared. Outstanding premiums, etc., are shown at £177,384. The balance-sheet and directors' report are to be submitted to shareholders at a meeting which is to be held at 4 p.m. on December 21.

Customs revenue collected at the port of "Wellington yesterday amounted to £3199 2s. sd. THE METAL MARKETS. By Telegraph—Press Association—Copyright. (Rec. December 21, 10.0 p.m.) London, December 21. Tin.—On spot, £174 ss. per ton. i Lead,-£l3 3s. 9d. per ton. SILVER.' By Telegraph—Press Assnciation-Ocryriclil London, December 20. Bar silver ie quoted at 25 3-16 d. per oz. standard. SHAKES AND DEBENTURES. By Telegraph—Press Association Copyright December 20. Tho latest quotations are aa follow:— Australian Mortgage; £98 10s:;-Australian .and New Zealand, £99; Dalgety's, £5 12s. 6d. to £6 2s. 6d. \ . NATIONAL MUTUAL LIFE. : ' : ' . ANNUAL MEETING. By Telegraph—Press Association-Copyricht. (Rec. Dec. 21, 10.0 p.m.) Mclbourno, December 21. At the annual, meeting of the National Mutual Life Association of Australasia today the chairman stated that the report, details of which wero cabled on December 13, was entirely satisfactory, and-the. mortality favourable. y In IE3B the reserve amounted to 190,950, and foreclosures to £156,700. Tho reserve was now £75,656, and thoforeclosures £34,172. . A small portion of the reserves only was required for future fluctuations. Tho total funds exceeded six millions. The report was adopted. , . TIMASU WOOL SALE. - (By Telegraph—Press Association.) Timartiy December 21. The second wool sale of the season was held to-day. Priccs showed a slight decline on thoso of previous sale. Super halfbred brought lid. to llid.; medium, lOd. to 10£ d.; inferior,. 9Jd. to 10d.; super threequarter-bred. 9Jd. to 9|d.; super crossbred, ,B*d. to 9Jd.; inferior, from 7d. to Bd.; super pieces, Bd. to 93d.; medium, 6Jd. to 7*d.; inferior, from sid. to 6Jd. DUNEDIN GRAIN MARKET. (By Telegraph.—Press Association.) Dunedin,: December 21. Grain Market-Oats: 'Owing to the proximity of the holidays,- merchants aro holding off, and. with the' 'exception of 'small -lines for local consumption ,there : is practically nothing doing. Prime iniu-

ing, 2s. 3Jd. to 2s. 4d.; good to best feed, 2s. to 2c-. Sid.; inferior to medium, 2-3. to 2s. ljd. "Wheat: The business passing is very small. Prime velvet and velvet ear met with good sale, but Tuscan is not inquired for. Fowl feed is scarce and supplies are beinp drawn from medium muling lines. "Prime velvet, 3s iod to ts. 2d.; Tuccan and velvet ear. 3s 7rt to 3; BJd.; fowl feed (nominal) S. 5a £ 3s. 6d. FARM SOLD. Messrs. Bajgeiy and Co., Ltd., report tile sale by auction this week of Mr. Greeorv's farm at JJeikorangi, containing about '49 flercs. The farm was bought bv Mr Matthew Boyd for £630.