COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1763, 30 May 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. n The sales recorded yesrerctay were: NaL j tional Bank, new, at £4 193. 9d. and .€5, s Weetport Coal at 26.5. 9d., and Ward and Co., at £5. The quotations wore as under: Buyers. ' Sellers. £ 6. d. £ d d. National Bank (new) 4 19 6 — National Bank (old) 5 2 0 — Metropolitan Building ... — 12 9 0 Well. Investment 011 0 1 — Well. Gas (£10) 15 18 6 16 5 0 Well. Gas (prof.) 1 0- 0 — •i Gear Meat (£1) 3 2 6 — f Moat Export (£4) — 6 0 0 ■f Meat Export (525. 6d.) 2-9 0 — tl N.Z. Shipping .... 15 8 6 — [l "Union. Steam 2 2 6 2 2 9 _ Mosgiel Woollen — 312 0 f Hikurangi Coal 012 6 — ,i Weetport Coal 16 9 — 1 Tarinff-amutu Totara 2 4 6 — ® Golden Bay Cement — 10 3 :1 Maiming and Co 4 2 0 — 0 Ward and Co 419 3 — 1 W.F.C.A. (£5). - 7 3 6 0 W.F.O.A. (£1) . . - 18 6 1 BRITISH AND AUSTRALASIAN TRUST r AND LOAN. The report of tho British and Australaa- - ian Trust and Loan Company, Ltd., for 5 1912, states that the accounts show a net .. profit, after payment of all interest and ? cunrent expenses, and inchuiinjr £17,349 J brought forward, of £30,266, of which. 1 amount £5000 was appropriated in Novera--3 ber last to the payment of an interim 3 dividend of Is. 3d. per ehare. The direc- - tors recommend that a further dividend of Is. 3d. per share, free of income tax J (making with the interim dividend 5 per - rant, for tho year), together with a-'bonus • of Is. per share, amounting to £5000, ako , tai free, be now declared, and that £16,266 r be carried forward. I COMMONWEALTH BANK CHARGES. I The Commonwealth Bank of Australia is . adopting a scheme for overdraft charges, . which is believed to l>o unique so far as ; Australia is concerned. It i& making a 1 .Jlat charge of 6 per cent., which i 3 only > varied in favour of charities, which get \ w.hat accommodation they require at 5 per j. cent. Tho ordinary, banks vary their ratea according to the amount of the loan, and, possibly, tho security submitted, between and 7 per cent. It will be interesting to watc.h the cffcct of the latest move of the Commonwealth Bank. COMPANIES REGISTERED. In the list of companies registered published in this week's "Mercantile Gazette," there appear the following:— M'Leod and- Gardner, Ltd., registered as a private company May 8. Ofliec: Market Street, Hastings. Capital—£7CGo, into 7CGO shares of £1 each. Subscribcrs-D. J. M'Leod. 5900; C. Gardner, 1100. Objects— To oarry on tho business of sciwmillers, timber merchants, flax growcrc, etc. .Stratford Loan and Deposit Co., Ltd., registered as a private company May 3, ; 1913. Ofiice—Broadway, Stratford. Capital —£5000, into 100 .shares of £50 each. Subscribers— S. Pitt, 20: A. C-oleman, 2: J. 'Masters, 20; fl. H. Jame3. 16: T. H. Pcnn, 20; A. W. Budge, 20; H. C. Wright, 2. Objects—Making and raising loans, buying and selling property, etc. Hutt Park Wool and Produce Co., Ltd., registered May 27. Office—Jackson Street, Petone. Capital—£2o,ooo into 20,000 shares of £1 each. Subscribers—G. W. M'Doitald, A. Fay, A. ITan'is. A. .T. Saunders, C. S. M'Lean, O. Stevens, A.. T. Williams, all o! Wellington, 1 share each. Objects—To acauirc and take over as a going concern tho business of wool scourers, wool comben?, and fellmongers, etc., carried on by G. Anthony Fay and George W. M'Donald tinder the etyle of "A. Fay and C 0.," at Petone. REUTER'S TELEGRAM CO., LTD. ReuterV Telegram Company, Limited, have received cable advices that the repoTt of the directors for 1912 shows a profit on tho year's workine of £36,807. A bal- ' /ancc dividend is declared of 10s. per fiha-re on the old and 6s. on the new shares, i making ( a total appropriation at tho rate of 10 per cent, for the year. The total reserves of tho company amount to £152,CC0, . and tho balance of profit carried forward to this year ia £8678. Onstoms duties collected at the port of Wellington yesterday amounted to £3113 i 15s. 2d. LONDON MARKETS. 1 Br Tolaeraph—Press Association—Copyright London, May 28. 1 Linseed oil, £24 10?. 295. 3d. WHEAT. ' ] London, May 27. Official miotations for wheat:—South Australian, New South Wale?, and Victorian, for prompt delivery, 375. lid.; on passage. 3Bs. 6d. Liverpool futures. 91 cent£; July, 90. The American visible supply of wheat is , 69,050.000 bushels. ' London, May 28. The . market Is inactive. Thi.rty-n.ine l ehilliiicr-s is asked for South Australian January shipment. I The New Zealand Loan and Mercantile j Agency Company, Ltd.. have received the following cablegram from their London 1 hout-u. under date May 28:—"We have Fold an Australian cargo at 375. 9d., c.i.f. The ] market is .firm, but inactive. American ] crop reports are unfavourable. The out- 1 look is encouraging." • TALLOW. J By Telegraph—Press Association-Copyright London, May 28. ( At tile tallow sales 1165 casks were of- t fered and. 625 sold. Priocs realised:—Mnt- , ton. fine 395., medium 355.: heef, fine 385.. i medium 3<V. 6(1. j PRIOR OF METALS. London, May 28. Conner.—On the snot. £6B 10s. nor ton: t at three months. £68 ICS. f Tin.-On tho spot, £222: at three month\ , £218. } Lead— Soft foreitrn, £20 ner ton. 1 Bar silver is quoted at 273 d. per ounce 0 standard. .1 AUSTRALIAN PRODUCE QUOTATIONS. \ (Bee. May 29. 9.45 p.m.) j Sydney, Mar 29. Wheat. 3s. Bd. to 3s. 8!d. Flour, £8 15s. "5 Oats. Algerian feedine. 2«. 6d. to 2s. 8tl.: f milling, 2s. lOd. to 2s. lid.; Sparrow-bills, lid.: Dian2s. lid. to 3s. Ikirloy, Cane, r 3s. 3d. to 3s. 9d. Mnize, 3s. 9d. to 4s. Bran, .£4 10s. Pollard, .C 4 15s. Potatoes. Toemfltiid. £7 to £8. Oniou=. £7 ss. to £7 llU: J nirklim». £5. Butter, selected. 935. Cheese! 7(1. to 73d. Baron, 6«d. to 7d. l Adelaide. May 29. „ Wheat. 3s. Bid- to 3s. 9-d. Flour, £8 to \ £8 ss. Bran and pollard. Is. I .HIDES. J (l!ec. May 29, 9.45 p.m.) j Melbourne, Jfa.v 29. ' nides are In moderate supplies, and the i market is lirm at unchanged ratre. '