COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1201, 9 August 1911, Page 8

COMMERCIAL ITEMS.

'""'■■''' InVestment"scares. There were no transactions in investment shares yesterday, ■ and the market, like the weather, was very dull. The buying.and selling quotations were as under:— •Buyors. Seller?. .. . £ R. d, £ a. d. SaHonal Hank' 5 19.'-'6 - Wellington Investment .... 0 11: 6 •-.— ■• TVell. Trust- arid Loan. ..'. ...■s ', 7 110 foildinjr .Gas w... . .......... .■■ tr 12 6 Ch.ri=tchurch<-Jtcat. ..■.?. ■.■»■■" , •' 16 2 6 Stent K.<ppvf(s2s: id:) "~ 3 4 0 Well. Woollen (ord.) - 4 0 0 Tnupiri Coal 116 12 0 Wostport Coal 1 8 9 19 3 Levlaml-O'Brien 18 3 - Jf.Z. Drue 210 0 — Sharland'a ordinary ... — 15 0 Ta.vanoki Petroleum 0 16 0 0 17 0 Well. Opera House — 7 5 0 WELLINGTON' MEAT'jEXPOKT. Th&,palance?sheet-,qf .the:-Wellington Heat ""Ekjtor't Company was. .circulated yesterday, ana the figures are decidedly satisfactory. The year began with a, credit balance of £2533 15=. 10d., and the gross profits on freezing:, sale's, manufactures, etc., were £33,650 "15s. (id., transfer fees £7 55., making the total income for the year £36,221 16s. 4d. On the expenditure side we find that interest, discount, and exchange absorbed £6986 18s. 2d., written off for depreciation £9193 19s. 3d., making a total of £21,141 19s. 6d., leaving a balance of £15,079 16s. 10d. This sum has been allocated as under:— v £ s. d. Reserve Fund :.... I.CCO 0 0 Keserve for equalisation of dividends 2.C00 0 0 Insurance reserve 1,000 0 0 Dividend, 8 per cent 8/61 6 0 Carried forward 2,618 10 0 £15,079 16 0 The loan on mortgage has been reduced during the year by £3COO. The directors in their report state:—"The old offices of the company in Lambton Quay having been found inconvenient and inadequate for the business, the board derided to pnrehase the leasehold premises in Hunter Street, wnich have been found suitable in orery respect. The season just passed has not been nearly so profitable as the preceding, and at one time the collapse in prices in London for frozen meat was causing heavy loss on purchases. The , turn of the market, however, cams in good time, with satisfactory results. Your directors have to refer with regret to the deaths of Messrs. IT. Holmes and G. C. Wheeler, whose services to the company both on the board and in the country were of great value.. The vacancies so caused were, following the board's usual policy in such cases of appointing influential farmers, filled by Messrs'. E. Newman, M.P., and James Campion, both gentlemen being well known and having wide influence with producers in tbeir districts. The retiring , directors are Messrs. J. W. Marshall and W. If. licctham. who are eligible and offer themselves for-re-election. The auditors, Messrs. O. S. WatUins and'E. W. Hunt, also offer themselves for re-election. •

Customs duties collected at the port of Wellington yesterday amounted to £3182 16s. 3d.

/ TKADE IN ALLEN STREET. Vegetables.—A very strtrac market was experienced yesterday for parsnips, earrots, and cabbages, and consignments are recommended; cauliflowers ef choioo quality realise IDs. to 20s. per sack: swedes have a. value of 2s. 6il. per cwt.. whilst white stone turnips and radishes have eased somewhat. ■ Fruit.—Tho Manuka is due from Sydney 10-day, when further supplies oE mandarines, oranges.. lemons., passion fruit, and pineapple, will be .received. On Iriday the Moeraki is duo' from Melbourne and Honarb with supplies of Ta-smanian apples and pears, and lemons from . Victoria. "Bananas and oranges arc due direct from the Cook Island? to-morrow week. Onions.—The bulk of (tie "samples coming forward are of a. very medium duality; the market quotation is:6s.?td 7s. per cwt., according to Quality, . ■ ;■ -._ . ' Potatoes.—A Rood demand exists for trood table potatoes at, £4. 55...t0 ..£4 10s. With respect to seed potatoes the demand has been maraly for "Up-to-Pates," with rao.dcrnte im'iiiry for "Jlosu of Hehron." "Early Kose." "Northern Star," and ''Princess VloFloiir.—Regular shipments are now being received from Australia; New Zealand flour continues to be quoted at'.€B 10s. f.o.b. soiiMi. less usual trade, "discounts. Pollard.—Heavy shipments arc coming from Australia, and there is a fair demand at £6 1C?, to £7 per ton. Bran is quoted at £o las.- per ton, ex store, Wellington. ' I! ; ce menl lias declined !is. per ton. nilil is now quoted at .« 15s. per ton; rice (lour is in stoady demand at .£5 15s. to £&. Oat*.—The market is steady. "A" grade fiartons, 2s. 7d.: "A" era^rf 'Rparrowbills. Zα 6'.d.; per bushel, f.o.b. iioiltli. Fowls' wheat.—Kair sales are hdinir made at 3=. lid. to <s. fur ex store Wellington • ■ .—« Maizi! meets with good inquiry at 3s. 3d. tn 3?. i(\. per bushel. "\' Baled straw is sclliiiff at £3 -In £3 ss. per Baled Hay.-Primc quality. .£■) 10s.; choice, £5 10?. per ton. . . Esirs.-Frosh ckss arc in fa:r demand at Is. 2d. per dozen ■■. ..■....-.. Dacon and Hams.—The-market is steady; sides, Bd.; rolls. 82d.; hams, 9d. per lb. Lard.- in bulk, is , offered at Bd.; in part, i{&. ■-.::■".. MUrgarine.— Australian made meets with a i:ood demand at 81d. per lb. Cheese-Beat factory, 63d.: loaf, 63d. Ncr lb Bntter-Fi-ime bulls i? sellinc at Is. Id. to Is. 2(1.

WITEAT AND FIiOCT. By TolecraolJ-i'ress Assnniati.)D-Conyrtclil - London, August 7. The wheat, and dour nfloat for (ho United Kingdom totals-3.105.0C0 quarters: and for the Continent. 1,650.800 ouarters: Atlantic shipments. 315.0C0. . - The totril shipments to Kurope dunnß the week amounted to 1.50C.C00 f|».nrtcr.-. incliulintt 280.000 from Argentina, 2M.OM from Russia, 'W.CCO from DaDubian district?, 1<6.000 T ->m India-, and 165,500 from Australasia,