COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1998, 4 March 1914, Page 10

COMMERCIAL ITEMS.

IN VESTMENT 1 , SHAItEB. ■•'; .T;" "■ A sale of, Metropolitan ■■ Building 'at £12 65., cum dividond, was. the-. only tra-nsac-tipn in investment 6hares.recorded yesterday, Tlio quotations' Were na. follow:— '-, ■','.-', \-1 . .', Buyers. .• •-■Sellers. -,-■- £ a. d, £ a. d. Bank New . J, ;, 5/0. 0 National Bank '.....;.--.—■ 5 10 Metropolitan ".'.-. 12' 5- (5 >'■"■•' —' ' N.SJ. and Z- 2-:0 Vv •■'— ■■'. Well. Trust'and Loan ,i.> 7 s>o ■ ■-— ■ ttuciland Ga-s — J 8 0 Christcbuxch Gas .6,13 6 / ,: ■— 1 > PaJmerston North Gas .... 10 0 0 » ■>. <- • . Wellington Gas. (£10) 16 0 o'.' .'.".".' - " Union Steam (prcf.) — i,t-. 0 ;3 Kniapoi Woolleu (ord.) :,, 5 3 0 — Well. Woollen (qrd.K....:..' .4."0 V. ." Ta-ringamutu'Totara- ■. 2 s'. 0. — Ward and C 0:".:.'....;.'.,":.:.. 5 O'O '■'"■ —' : ftv.r.cu. mi":.:.:.:..!..::. v ~ '■"i , '6'o. BUIifilNG. ;. The report of In©' Metropoilt"'an Permanent. Bailding and Investment Society [or the year ended. February 15, to bb sub-" mltted to the shareholders on Monday, March 16, a,t 8 p.m., e.tafcai that' the profits ior tho year,, (including a,, balance, of £257 18s. 10d. broiighi forward),.amount .to £6841 7e, 10d., and-tho oipcnseg were £608 63. 3d. leaving tho'net profl't at £5233. la.' 7d. 'The diyidendi for .'.thb' "year at" tho rote of 7 per cent, absorbs £4178 3s. 3d., .and £10C0 has been added to tho, reserve- fund, leaving a balance of £54 185.;4d,' to be.carried forward. The reserve'fond, now stands fct £10,000. The loans on mortgago total £134,«7 33. 10& -,-_..; NATION All. MOETGAGE.''. The accounts of tlio' National .ilorteajre nnd Agency Company of New Zealand, litrt.,, for, ithe year ended September 30, 1913, show that aftor' providing for interest on debentures, £23,275,:th0'net profit •Iβ £41.056, dgainst £41,669 for,tho, previous year. \Distributions compare. us follow:—' - ■'.- -- 1910-11. 191142 .1912-13. n . £ £ .. £ Het profit ...: ' 41.149 - 41,669 41,056 limns ht forward • 9,843 10,997 12,666 '-■ ■: .'-.'■- 50,997 52,666 5W22 Dividend and bonus 25$ Xi . 25,000 25.C00 B.tHorvo . •; .....-.- 15,000 15.0 M ■ 15.00(7 Carried forward.':.; 10;957 ./ IZ;6£5 13,722 Ah interim dividend of U. 6rt. per share «•»« paid last July, and a further dividend

,ofle, 6d. and bonus of. 2s; make a total or 4s. per share, or 121 per cent, for 'the year. The reserve tana, including the- present , addition of £15,CC0. will stand at £210,000. The subscribed capital is £1,000,000, of wheh £200,000 is paid up. Adding reserve fundi £195,000, profit and, loes balance £46,222, debentures ££77,044 (against £541,807 a year previously), and sundry creditors' bills payable, etc., £334,630 (ejjainst £319,837). the balance-sheet total in £1,353,096. Assets include loans on ■ morteage, secured advances, and property held, £490,850, against £429,490 a year ago advances on wool and produce, including .consienments in trai> sit, £59,897, against £59,002; current accounts, £410,203, against £410,615; premises, plant, and furniture, - £51,534 goods, etc., £73,016; cash and money at short notice, £27,315; investments in Government and .other securities in London. •£170,140; investinente in'.companies in New Zealand; £76,741; and minor items. The report states that the business has continued to progress in ' a,. satisfactory manner. Weather conditions'in Nevi Zealand wcro somewhat unfavourable to tho agricultural community in certain dietriqts; on theother hand,ex.oellont prices were obtained lor wool, frozen meat, and dairy produce. :

GKEATEK J. D. WILLIAMS. Tho report of the Greater J.-D. Williams Company for tho period December 28, 1912, to January 3, 1914, allows a net profit of £12,333, out of which a. dividend of Is. per ejiare.ia,, recommended, absorbing £9025, ond .to reserve £ECCO is carried, leaving '£1000-to'be'carried forward. The unsecured, Jlabilitlca were ereatly in excess at what was believed to be tho case when; the accounts were presented laist year. Theso have now been discharged, with the exception of on or two small accounts included under sundry creditors. The liabilities of tho company other than real.estate mortgages, which remain as before, hove been reduced from £29,053 on Decombcr 31, 1912. to £9750 at the present time, while in the same period the cash ■balances ,, hajve "increased from £8041 to £19,378. 1 ..The 'amalgamation. of picture Interests 'Was aμcccssfully carried out. The company iiow owns 32$ per cent, in tho Australasian Films, Ltd., and the Union Theatres, Ltd. The accounts presented ojc necessarily in afi altered form consequent upon tho amalgamation and tbo salo to ,the Kim . and Exhibitinz Companiea of certain, leasehold interests ■ and plant in consideration for, ehares and debentures In the companies. The only liability'not set forth in the balance-sheet, tho report states, de 'a contingency consequent on Jitlgation' Regarding tho supply of films, .but a sufficient sum in the opinion of tho ■ directors'has been reserved to meet any : possible obligation.

i'. : .;, TRADE' IN-/ALLEN , STREET. L~rniit.—Tho improvement in prices far .apples and pears noted last week has been fully .maintained, especially for the more favoured' varieties, which aro in short supply. Aβ a matter of fact, tho market Shows,a. marked "contrast with tho conditions ruling , a fortnight ago. The season for- -neotarinea and greengages is now nearly over, and for tho?o available prlccn are satisfactory. Peaches and plums havo 'fluctuated rather violently, as supplies of these .are inclined.to be rather plentiful. Tomatoes are now at their greatest volume, aud prices are therefore very low. A good demand exists" for Messina lemons, and this is a welcome chauge, for tho demand has been very sla«k for gome weeks past, further. supplies of oranges and bananas, are due next \itek, and the consignment of bananas practically opens the new season. Tho steamer from Sydney due to-day Iβ bring supplies of pineapples, grapee, and passion. fruit, and if these are landed in good condition they will meet with Icecn competition. . 'Vegetables;— The market continues generally 'in a . very . satisfactory eUito, there being a, good demand for green peas, cauliflowers, and pumpkins. Onions.—Auckland onions maintain their values, but the prices of Canterbury-grown havo declined, ther current quotation for these being £7'lDs. "to £8 10s. per ton; plokling onions aro wanted at lid. to lid. per lb.. Potatoes.—The;' market has firmed considerably, the quotation n6w being £4 10s. to £5 lte. per ton for good qualtiy. Flour shows no change, and the prices ex store Wellington continues at £10 to £10 IDs., according to brand.--.■.-.-. <.u- .';..... Fowls;-i>Hloftt( : ,ierii6,w is.i'fidWto; 4s. 8d. per bushel for prime whole. Maize is .exceedingly dull of eaJo at 4s. 9d. to 4s. 10d. per bushel.

; Bran.—Heavy shipments have been for. warded,to the Vnited Kingdom;'; arid the .Iboal quotatiou is,now £4 ss. to; £4 lte. per ton. ■■■■,■' '" '■■■' ' '. '

Pollard.—Heavy shipments cont ; nuo to como from Sydney and Melbourne, the looal mills having temporarily closed dowu for overhaul.- The present' Quotation is £6 10s. to £7 10s. per ton. Oatmeal—Tho quotation now is:—ln 251b. bags £12 per ton, KOlb. sacks £11 KVs., and 71b. bags £1J 10s. • . .- • • Eolled Oats.-Thistlo brand, in 4}lb. bags. and.Oreampta, in 41b. bage, are selling at 10s. per dozen bags. Ohaff.'—A good demand exists for prime quality, oatensheaf chaff is £4 10s. to £5 per ton, ex store. Fresh eggs aro slightly firmer at Is. sd. per dozen, with preserved at Is.'3d. Butter.—A good demand exists for prime milled, in bulk, at 91d. to 10d. per lb.; good Quality, Bd. to 9d. Poultry.—Hena; fo. 6d. to" 3s. 6d. per pair; coolterele, 3s; 6d. to 55.; Indian Kunner ducks, 33. to 43.; Aylesbury ducklings, ss. to 65.; turkey gobblers. Iβ. per lb., live weight; hens, 10d. to Ud. Prussian blue peas o.re slow of Ealo at ss. 6(1. per bushel. 'Broken peas for poultry feeding are in good demand at is. 6d. to 3s. 9d... tier frushcl.

■ Customs duly follectEd at the port of Wellington yesterday amounted to , £2541 3s. southern markets. Not a largo quantity of wheat is.offering, but the quality ie better than that of the grain threshed earlier. The price nae firmed, and ealcs-are now being mado on a basis of sd. to Js. 6d. Xor Tuscan' and Hunt-ers, 3s. 6d. to 3s. 7d. for Pearl, and , 3s.' 2d. to 3s. 3d. for fowl wheat"at country stations. Oate are dull of solo, and there is no chaneo in prices. There ie little demand for barley, weathered samples being quite, unsaleable. A littlo ■oatsheaf chaff is- eellirg at 455., , but tho domands arc limited. Potatoes arc rather firmer "for' March and April delivery, and some sales have been mido at 5m., but some buyers are \xm, offering more than 60s. at country stations. The. cropa that have so far been due havo not turned out too well.

— ■ "■■■ . WBEAT. By.Telejraph-Fress Association- Copyright , ; IJRec. March 4, 0.35 a.m.) - '■•••'..' London, March 3. . The wheat. market is quiet, and prices are easier. TALLOW. London, March 3. " Stoqkil, 5951; imports, 3242; deliverise, 2760, . /jjSfE" ' SILVER. J. '-'^CsfEecV;' March 3, 9.30 p.m.) . ■'■1r,;,,.,',*. London, March 3. Bar eilver is'auoted at £1 6s. 0 11-l£d. per ounce standard. -MINING NEWS, ~ ; wellixgton:'share market. ~,:X sale .of, Talisinen at 425. 6d. was the •only mining transaction recorded yesttr■eliiy/ The .quotations wore as.under:— . Buyers. Sellers. ..„.,■■, £e. d. £.s. i. Blockwater .-.....!...■ — 1 f) fi Carthago ......:.... — 0 15 0 .Con. Goldficlds- .-• - 019 0 New Bis Bivor 5 0 0 — New Sylvia .'.' :...;. •. 0 0 8 0 1. 0 rroeress .». • — 014 0 ■Rois licconstructcd '. 0 3 6 n i fi Talisman : : 2-2-9. 23 3 Waihi- .■.......-..,., .; 0 2 10 - Grand Junction ... — _. 16 3 / ■-./:■ STOok EXCHANGE. ." ' fßy IWearauh—Pr<.i» AMhsoiatfes.) Auckland, March 3. Rales on the Stock Eichango yesterday wore:— ■■■■■■% ■ Grand Junction; £1 ss. 9d. Soocon, Hid. New Zealand , Insurance. £5 15a. Auckland.Gaa,.£l 75. , .9 d. Sales at the third call, were :— New Zealand Insurance. £5 15s. . Waihi,£2'lCe: M., £2 10s. Grand Junctions, £1 ss. 9d. Saxons, Hid. . "..':' ■;.:.■■ Dunedin, March 3. . The following sales were mado on the Stock Exchange to-day:— ,' Wailii Grand Junctions, '£1 ss. lid. (two 'parcels). ••' .■'...:. ' TALISIUN3. , .By Teleirranh—l'res3 Aesoclation-OooyrlKht (Rec.' March' 3, 9.30 p.m.) London, March 3. Talismans are mioted at £S Is. 3d. (buyers), and £2 33. 9d. (sellers).