COMMERCIAL.

Dominion, Volume 8, Issue 2359, 15 January 1915, Page 8

COMMERCIAL.

INVESTMENT SHAEEB. There wore no transactions in investment shores yesterday. Tho quotations wero as follow:— „ .. Buyers. Sellers. £ 8. d. £ B. d j National Bank 5 2 6 — Bank N.S.W ~ , ft ° Bank N.Z.-(old) 98 6 10 0 0 *N.Z. and Diver Plate ... 118 0 - Well. Trust-, Loan, Ltd. ° 1 Christchurch Gas (£5) ... J 8 J> Well. Gas (£10) " 3 0 Heat Export (£2 12s. 6d.) 2 14 0 Union Steam (ord.) 11" TTnion Steam (prof.) 0 W 9 Claiming and Co to? _ Ward and Co o i b *Ex dividend. KODAK (AUSTRALASIA). LTD. The report the Kodak (Australasia) Co., Ltd., covers the t.welv* n > on 3 s J?. t. KcD " tembor 30. A net proflt of £34.4C0 is shown, which with £60,183 brought forward left ro.j tot available. A dividend at the rate of 121 per cent., absorbed. £18,750, leaving £75,833. to bo carried forwards Tho following comparison may bo made:— ' 1912-13. 1913-14. ' £ £ 150,000 150.000 proflt and loss balance ... 60.183 75.833 Mortgage and interest ... 10.125 10,125 Other liabilities 23,1177 ", J " U ... 243,305 259,267 1 Land and buildings 77,564 88,707 S^ furnitme ' SS IS 88,073 M.« 9 rXrt, 7.195 3,750 , Other assets M ' 4BB . 32,75 ? The nominal capital has been increased from £150,000 to £250,000, and an issue of . 30,000 new shares is now contemplates. The net value of the freehold properties , has been increased to £88,/07 by the com- . plction of the Brisbane warehouse. That property has been paid for, and, with toe factories, is free from encumbrance. The regular half-yearly dividend will be payable on January 25. FKTJIT TRADE WITH SOUTH AMERICA. Tho Department of. Agriculture, Industries, and Commerce is Wi receipt of the following cablegram from Mr. G. L. Tacon, Buenos Ayres, ; who i« vieiitmg^ America on behalf of .the New, Zealand Government to inquire S P ™aSv!so of the sale of New Zealand fruit:— Aduso shipments March-June, should average 10b.. ci.f. Monte Video; demand only tost and second grades; large sizes favoured; good grading and packing imperative; recommend os agents Francis Neill, address London Brazilian: Bank, Buenos Ayres; mine same; prepared to stay and assist to inaugurate, provided a. minimum of 20,000 cases is guaranteed; cable me approximate quantities soonest; Tasmania active. ■ Customs duty collected at the port of Wellington yesterday, .amounted to it#// 9s. 2d. INVEROABGILL WOOL SALES. : (By T«ieigrapti—tfre«» Association 1 Invercarglll, January 14. For the wool' sales to-morrow a total of 10,579 bales are catalogued, over a thousand more than last year's January sale. As the market is firm a satisfactory sale J® anticipated." LONDON WOOL SALES. , jlessTs. Johnston and Co., Ltd., have received cabled, advice from their London agent in respect to the London January sales:—"We anticipate fine and medium crosfibrerde will advanco 5 per cent., probably more; coarse crossbreds will Temain unchanged." LONDON MAEKET3. By Telegraph—Press Association—Copyright London, January 13. There is little'wheat offering. The price is dearer owins to continued bad weather In the Argentine. Linseed oil, £25 7s. 6d. Turpentine, 365, 7Jd. WHEAT. (Kcc. January 14, 8.10 p.m.) London, January 13. : The American visible supply of wheat is estimated by Bradstreet's at 115,725,000 bushels. . ... Chicago May options are qnotea at ut> cents- to 1383 cents.; July, 1221 cents to 124 3-8 cents. TALLOW SALES. (Roc. January 14, 8.10 p.m.) London, January 13.' ■ At tho "tallow sales, 789 casks .were offered and 691 sold. Mutton-Fine, 3ta 6d. per cwt.; medium, 325. fid. Beef—Fine, 38s. 6d.; medium, 31s. Tho New Zealand Loan and Mercantile Agency Company. Limited, has received the following cablegram from its London house under date' January 13:—"Tallow: We quote present spot values for the following descriptions: Good mutton, 365. 9d, per cwt.; good beef, 335. 9d. per cwt.;mixed, 31s. The market is firm." AUSTRALIAN PRODUCE MARKETS. (Eec. January 14, 9.55. p.m.) Sydney, January 14. Oats, Taemanlan 4s. 4d. to 4s. 6d„ New Zealand A grade Gortons 4s. 4d., B grado 4a. 3d.; barley, Cape feeding 4s. 6d., English 4s. 9d.; maize. 55.; potatoes, Tasmanian, £9 to £9 10s.; onion 6, £11 to £12; butter, selected 1165., -secondary 108s. to .1126.; cheese, 6d.; bacon, 9d. to lOd. Adelaide, January 14. Wheat, 6s. 9d. to 6s. 10d.; flour, £14 ss. to £14 10s.: bran, 2s. Id.;, pollard. 2s. 4d.; oats,. 45.. 2d. MELBOURNE HIDE SALE. . (Roc. January 14, 9.55 p.m.) Melbourne, January 14. At the hides sale there were small catalogues offering. Thero was keen competition at Jd. to Id. advance. NEWCASTLE'S COAL EXPORT. (Eec. January 14, 8 p.m.) Sydneyf JannaTy 14. The export of coal from Newcastle during 1914 totalled 4,853,505 tons, compared with 6,236,621 tone .the previous year. The exports to New Zealand declined by 90,000 tons. MINING NEWS . WELLINGTON SHARE MARKET. In' the mining market yesterday a sale of Talisman at 265. 9d. was mado on •Change:- Buyers. Sellers. £ s. d. £ s. d. Rose |< J 2 Wallli -. ; , , Grand Junction 13? I 4 -s ■ STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, January 14. Sales:—Waihi, 40s„ 395. 9d. ' Christcliucch, January 14. Sale:—Union Steam, 21s. 3d. Dunedln, January 14. "Tho following sales' were reported on tho Stock Exchange to-day:—Wostport-Stockton, 4s. Bd.; Union Steam (ordinary), £1 2s. LONDON MINING QUOTATIONS. By Telegraph—Press Association—Copyright London, January 13. Stock and share market Quotations include:—Broken Hill, 30s. and 315.; South, U7s. 6d. and 1225. 6d. NEW SOUTH WALES GOLD YIELD. Sydney, January 14. ' Tho gold yield for 1914 was 124,507 ounces, valued .at £528,873, compared with 149,657 ounces, valued at £635,703 in 1913. ■WAIHI REEFS GIGANTIC. The manager of the "Waihi Reefs Gigantic reports as -follows for the past week:— Work underground "was resumed on January The" contractor has put on three additional men, and is t pushing on the crosscuts with all possible speed. The north crosscut now measures 110 feet from etarting point, and is still penetrating firstrdaes "andesite country," well mineralised and showing occasional small streaks of quartz;'ami indications are very favourable for tho existence of reefs system, The south-east eroceciit measures 33 feet from starting- point, and the rock bears the eame favourable indications as in north crosscut, and of exactly similar character to firm ondeslto sparkling witli pyrltis. I consider it only a matter oi i time when we shall strike the reefs eys i lem. All machinery is working well. ROSS GOLDFIELDS. The mine ifianager of the Ross Goldfield* Reconstructed reports on*the work at tin mine for tho period ended January 7 a: follows —No. 7 level: Tho west drive is ou from 244 feet from No. 7 pJat., a laye: of sand 12 inches deep is now dipping witl the wash across the face. At the inter mediate, the north-west blocking strip n out 86 feet from No. 1 south-west drive but- the pay wash was found to be dippm; underfoot at the facc, and this drive hn; been discontinued. ' No. 3 south-west dnvi was advanced 10 feet in pay wash and No 'I whig drive 40 feot to the cafit fa.i graih* wa6h. Blocking has been continue* off Nos. 1 and 3 south-west drives, an> No. 4 north-cast drive. The Richmond Oil Engine w not sol on the sole evidence of an elaborate gilt edged Catalogue. It apjwals to you b, re;i6on of its downright solidity—its slni plicity of working—ease of control, to getber v/ilh the endorsement of hundred of users throughout tho New Zeahuu Write for details. A. J. Parton, Plumbsi Advtu