COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2225, 11 August 1914, Page 8

COMMERCIAL ITEMS

" .investment shares.: ' ' ■ ' ' There • ivcro no transactions in'" invest- . inent, 6hares yesterday, and the few quo- . .tations. were asunder:—. ;. ■. • . 1 ' . • • 'Buyers. - Sellers; •' . "v.-■•'■'•' £s. il. £ s. a. 1 liank N.Z. (£6 13s. 4d,).... 14: 5. 0,., .-- -.-• >•> tJ.Z.->-In6nTOjQOe; 417 6 - — ' Westport Ooali v — 19 0 Y/eitport-Stockton 0 ?. 4 ■ -.-i■; '. " ■ ' , .' TKE NATIONAL BANK OF NEW" ZEALAND '.. Tho figures of'the National Bank for the v. .; twelve months ended March'3llast'are, of i a., distinctly satisfactory character/ Gross . .. profits in the ;,time .came t0'..£258,024,' as .. compared with.-£244,849-in. .the preceding . year,' and after meeting expenses 'and- afi ... charges the-"'ii's{'. profit . ngiunst £135,492.-'The directors -transfer tne Bum «of ;. £15,C00 ,to premises ■■ .'account, * £20,000 to reserve, and £5000.''to - . fund,- after which they declare' dividends'-" and fc l<j J3 jtsr»cent„Jor. tte.. year-carrying-forward- £43,317; -tfor-the previous year the_distribution^.wo.fj tno .; SVritteii 'off.- .premises,'" £15,000-was-rset-aside to'Teserve.for'depre- ' , / ciation of investments.,,Js2o.ooQ .'«ga_ : - reserve andl:£4oofl^to*.peri6ibn«tf ■ ' ing £36,756 }o*bo carried', forward. The i distribution tibjft proposed! ~con-v , ■ siderably, more jnoney-thaß^last- year," asln the; h<W' • i been increased •.'tr'p^£soo',ooo' ; 'tos7s6;ooo'.'' Ihe new. shares produced a pre- : ™ lum of 0 £125.000,-aiid with""'.tlie -aidditibn : irom profits the" reserve .has Beeii ; raised ■ /, to £665,000: -The deposit and' ciSent'a* counts of .the banket: £4,30.4,654,,eh0w.va'.Might increase .on, the.' preceding- twelve •. months. Below «-is oA v comparison "of "tho leading, figures ... . iltarch3li-llaxch 3l,i' : "Z •.1514. J ... C..~U '-.I.e. £ •"". £ ' '' Cross profits -.... -244,549 >-^'258024" V , :• .105,357 •• I : .U3128 ■' -Kotr.. profit,-. 135,492 : 144,896/Dividend; '13.p, c .: , To ■, re serve,. . vsOjCOO ' 20,000 ®>I-Prcirjses-15,000 IS.OCO : V Uo .5,000 ... .. 'Oarriedv forward„™«,7s6» :i 43,317- - ..iDcposit'- i - ' ■ -£4,304.654. szo.coof■ 665,cqq; ■' - 1 K; . ' ' oustom9---d'ntiies;' collected- at * the''pdft.'rof ■ ' : Qs sld' n ycstcr^a J' amo'anted 'to £1583 ' % FEOZiaf MEAT. '/ L - . 1 Dflgoty, and do;, M,, have re-' clved the follovfing cablegram': :fri)m' their London ofdee/'under date August" 6:—"For meat /high-prices <lt©» beiD** fislcpH ■ '.but there is litue business:doing, as stocks jßre , BANK ; OF- ENGLAND RETURN -By Teloirraphr-Press AEsociation-OoDyriihl (Rec:-August 10; 2.55 p'.n).). I London, August 7Tho Bans of England Teturn for tho j,' ;; p«ok ended Wednesday, August 5, is as . (undor:—. - ; '' ' I liSffß DEPAniUENI ... Jf'ti lim. £11.100,000 Gov.dobbi £11,016,000 x 'Cthorttouri- : •" „'S o ,' 7,<34.000 .' ■ ■■■■ Sold _ ....26.011.000 "i«.40o,ooo,, _ XM.mooo '.*v I r-BiMnNfi'DsPARTHBHT'- • (Tr6pri«fcorr. : , ~»;.Govt. s«caiU - > capital' '553,000. " ties..., " ;.i'^ll,oil,o(X) v Publi6d«* t)ther lecuri- "■ ..•11,439,000-.-4-... >Btberd«"' ■- poMVff , .000 - . , ' I iindothwbills... _.- 3.559.001:::Ctin".-.. ;v. l,182j)00 £86,360,000 The leadlng'-ltoma ol the Bank of. EnzJftud return afford tho following oomparl* ,• " : r, •• • Tlilitfoik'.'.LajiwaiktastViM - • - • -y £' *'■- •*-, '£ ■ ,'vjg 26.011.000 '36,617.000 37.820.000 ■ Reserve,.' ,'.067,000, ;26.875,000 ' 27,507.000" ; Not» cironHtlon 36,105.000 "50.706,000 -29,056.000 I 'PubHolToposlta 1 11.409,000 "12, 1 713.0C0 9,350,000 ,i Other .Deposits. 66.710.C00.'.'5i,«ff;000 30,623,000 . -- Proportion of -v.- v. 1 1 tstarir*'.' to? ' .-. ■j.-i--, llablUtju ""14.60 .40.03 55,00. ' Tho extraordinary figures are regarded" : 4*6 amply justifying the action of alio Bank' in havjng the Boat' Act suspended.-" : ■ -- SIIiVEB. " ; . • ■ ; : Bar."sltvcf -is quoted- at-26d.—per-ouneo ■ 'standard. .• j ' mining news : _*;' WELLINGTON .SHARE, MARKET..;.' ■ In 'tUe 'mining market it jnaua was'reported--yesterday at--265. 6d; The were as folow:— .' . ' - J Buyers.;:; ;Scli«.rs. t- . ... £ fl.'d. £ s'.'d. ■ i ' 0 0 7' Wiulti 19 6 111 6 Grand Junction -J............*. 1 0 9 116 ''-'-itOSS-'aoi/DFIELDS. The acting-mine,. superintendent, reporting on the post. week's : work,-under date August 6. says: Mine, 6th level workings— No. 7 South has been extended a distance •'of 32 feet.-and is-.now 140 feet from the ' opening. :For ,'tho. last 10' feet "the' bottoto raised very rapidly and tbe wash bccame liooi - ;' However, to-day tho bottom is dipping rapidly again, and wliilc the wash is 6lill-poor value it is hoped that it .will

JmproTflV'^Nß.' 3. 'East lia6 been extended a distance of 20 foot, and has been stopped owing to the bottom rising rapidly, and ;tliQ'"Yalus 6i • the wash becomine poor. The wash, is—payable f° r the'first 15 feet. Blocking continues-in Nos. 5 and 6S. No. 6 is blocked No. 2 East. All blocking: ia in. payable wash. A start is boinß made to' sink the monkey shaft, which was: sunk, oil tho main level drivo- to a, depth-of 10 feet deeper, in order to try .'ftßo'.Vpick up the wash located at a depth ■of 1.16-feet in tho winze. This shaft will ;bp;sunk;another 8 or 10 feet. » ,-::•' .'iTeleffaph—Press ■ Association.)-. • '~< ! ; <;>;i;.- ■."-.;. ■~ Aucitia'nti; August, 10. ..';,Thei;'6ha.remarkdt ■ was brighter ; to-day -than has been the' case 6inco tho ontbrcak bf :tho war. A transaction in New Zealand .insurances-was .'reported .'at £5 55., "and ■in 'South British Insurances at £3 lis. Auckland. Gas were done at £1 As. 6d. Jvalhis commenced at £1 9s. 6d„ and sales took''place during, the day at £1 9s.' 9d., :Si:ios.,'£i;.los,'6d...£llos. 3d. Talismans bhanged-hands at £1..7e. 3d. end. £1 7s; 6d. • Waihl, Grand Junction were firmer, ■. and ..Ttere.dorie at£Ms. 6d., £1 Is. 3d.,: and £1'Is; <-Th 6, Wellington' Stook Exchange has. received the following teleprdin:—"Blackwator .-London ."office has advised that, payment 'of the'seventh dividend has been deferred,"