COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1692, 7 March 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. ! The sales recorded yesterday were Union | Steam (two sales) at 4Ci>. 9d., and Taupiri , Coal at 235. The (juoUU-ions were as Under:— Buyers. Sellers. £ G. d. £ s. d. Equitable Building — 9 12 6 N.Z. Loan and Mercantile 0 9 9 — Well. Deposit 0 4 6 — ChristchuTch Gas 7 8 0 7 10 0 Weil. Gas (pref.) 0 19 9 — N.Z. Insurance o 2 6 — Meat Export <52*. 6d.) 217 6 3 0 0 N.Z. Shipping — 16 10 U Union Steam (rights) 0 12 0 — Well. Woollen (ord.) 3 10 0 3 12 6 Weal-port Coal — 17 9 Leyland-O'Brien Timber — 16 9 Hay Oemoni — 10 3 N.Z. Drug - 2 10 0 W.J-'.C.A. (£5) — 7 5 0 W.F.G.A. (205.) - 19 0 COMPANIES REGISTERED. Tho registration of the following companies is recorded in this week's "Mercantile Gazette" Benson Motor Company, registered or a private company, February 28. Office: Feilding. Capital, £<000, divided into BCO shares of £5 each. Subscribers: Feilding— W. B. Benson, 460; W. W. Andrews, 200; 11. Robinson, 23. Objects: To . carry on tho business 'of motor vendors, manufacturers, etc., heretofore carried on by W. B. Benson, at Feilding. • MacGoun Floating Wheel Company, registered March 4. Capital, £ICCO, divided into 200 shares of £5 each. Subscribers: Carterton—M. D. MacGoun, ICO; T. E. Maunsell, 20; 31. E. Jackson. 5; 31. A. Bunny, 10; J. L. Cole, 2;' J. Laurensou, 2; Hastings— 11. 15. Andrews, 6. Objects: To acquire from Sr. D. MacGoun, of Carterton, dentiist, tho patent rights pertaining to a patent- for a "floating wheel for high-s-peed traction."

AUSTRALIAN ALLIANCE ASSURANCE. The report of the above company covers the 12 months ended December 31. It showfi that the net premiums amounted to £42,746, against which are looses, £19,594, and charges and taxation £16,710, leaviug a surplus of £6442. Of this amount the directors have transferred £5000. to the assurance reserve, raiding it to £15,000; and the balance, £1442, is carried to profit, and loss. Interest amounts to £SCQ6. The balance at credit of profit and loss, including £9794 brought forward, is £16,137, of which £6107 is transterrea to reserve fund, which will thus stand at £23,CC0, and the balance, £10,0C0, is carried forward. The fundi? of the company stand as follow:—Capital paid-up, £150; COO; reserve fund, £20,CC0; reassurance reserve, £15,0G0; balance carried forward, £10,030; .total, £195,030, apart from the uncalled capita: of £150,CG0. The life insurance fund amounts to £128,507. A jubilee bonus to tho staff of approximately 6 per cent, liasucen distributed. EXPORTS .OF PRODUCE. The rallies of the nrincipal products exported last month, compared v.Vth the figures for February .of last year, show as under:—.

PROPERTY S>ALE.

Messrs. Murray. Roberts and Co., Ltd., report having sold at a. satisfactory figure, to Mr. William Harris, of Martinborough, Sir. J. Farrolly's farm at Shannon consisting of 1330 acres freehold and 1000 acres leasehold. lIOME PRODUCE MARKET. The Department of Agriculture, Industries, and Commerce, ha 3 received tlio following cablegram from tho High Oorarulafioner for New Zealand, dated London, March 5. (Quotations, unless otherwise specified, arc average market prices on spot):— * ' Eggs.—The market 3s dull; larue supplies. Per ICO: Iforae, 10s. to lis.; Russian, 7s. 9d. to 9i=. 6d.; Italian, 9s. 6d. to lis.; Danish, 10s. to 125.; Hungarian, 7s. 6d. to 10s. . ■ ■ - Poultry.—The market is steady, and likely to remain so. Home poultry are out of season. Chickens: Home, lid.. to Is. ner lb.: Russian, lid. to. it?. Ducklinpa: Russian. B}d. Turkeys: Russian, Ed. to 9d. Racon: Tile market is firm, with a good demand. Prospects are favourable. Irish, 70s. to 795. per cwt.; Danish, 665. to 7£u.; Russian,. 625. to 715.; Canadian, 665. to 735.; Swedish, 6fs. to 73ts. Hams.—The market is steady, and a fair business doing. English, 98s. to 112s. / pel* cwt.; Irish, 925.. to 1045.; American, 71a. to 7fe LONDON MARKETS. The New Zealand Loan and Mercantile Aneney' Company, Ltd.. have received tho following cablegram from their London house, under date March s:—"Wheat: We have sold-an Australian cargo a.t 3fo. l}d. c.i.f. The market i 3 very dull, and thera is very,little demand owin ( g to increased supplier The market is likely to decline. Oats: Wo quote—Gartons. 2te. 6d. The demand is restricted. Tallow: We' quote present spot values for tile following descriptions :—flood nruttpn, 365. 9d. per cwt.; Bood beef, 355.: mixed, 335. The mutton moirket is dull." LONDON WOOL SALES. PRICES FULLY MAINTAINED. By Telegraph—Press Association—Copyright London, March 5. At the wool sales, competition was good and animated. Yesterday's prices were fully confirmed. Coarse crossbredfi were in keen demand at 7i por ccnt. advance. (Rec. March 6, 11.10 p.m.) . London, March 6. The following aro the prices realised for the fleece portions of the clips named:—

RABBITSKDJS. London, March 5. Anninge Teport that the rabbitskin sales opened quiet at late rates to a penny decline. TALLOW SALES. London, March 5. At the follow F-ales, 742 casks wete offered, a.nd 472 sold. Prices realised: Mutton, fine, 395.; medium, 355. Beef: Fine, 3&5.; medium, 345. "AUSTRALIAN PRODUCE MARKETS. (Kec. Marcli 6, 10.10 pjn.) Sydney, March 6. Wheat, 3s. 6d. to 3a. 7d. a bushel (nomino.l); flour, £8 15s. per ton; bran, £5 10s.; pollard, £5 155.; oats, Tasmanian, Sparrowbills, 3s. 2d.; New Zealand, Algerian, 3s 2d.; Giants, 2s. lid. to 35.; Gartons, "A" Ki'ade, 35.; "B" grade, 2s. lid.; maize, 4s. 2d. to 4s. 3d.; barley, Cape and malting, 3s. 3(1. to 3s. 5d.; potatoes. Tasmanian, £6 103. to £7 155.; onions, Victorian, £8 10s.; butter, selected, %s.: prime, 90s. to 925.; cheese, 63d.; bacon, Bid. Adelaide, March 6. 1 Wheat, 3s. 6d. to 3s. 7d.; (lour, £8 to £8 55.; bran and pollard, Is. 2d.; oats, 2s. 2d.

Feb., 1913. Feb. 1912. Butter 354.728 336,066 OllPC-ae 438,675 253.649 Beet ... 32,999 29,873 Mutton, carcasses 245,310 235,953 Less and.pieces 6,480 9,316 Lamb 270,731 210,382 Wheat 67 58 Oats . . 9,118 7,975 Potatoes 433 530 Hemp . 72,507 29,228 Tow .... 6,433 1,731 Kauri gum 51,158 41,611 Grain and pulee 7,433 . 2,016 Hops . 24 823 Kid?* .. 21,123 11,608 Skine 67,737 52,223 Tallow 59,354 ' 67,105 Timber 27,019 29,423 Wool [,838,133 1,477,950 Gold ... 120,323 132,233 £3,629,785 £2,984,753

Top price. Average, d. d. Maraeweka .14 123 Makiri 12a 115 JaiTiikau 12i 111 WeUa 12 11J Ub-riidale 12 11* Bor 12 lli