COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2377, 5 February 1915, Page 8

COMMERCIAL ITEMS

; INVESTMENT SHARES. The. sales recorded in the investment market yesterday were:—Bank of New South Wales, £41 55.; Bank of New Zealand (new), £16 Ba.; Leyland-O'Brien, 21a. 9d.; and "Wellington. Investment, lis. 3d. The quotations were as follow:— Buyers. Sellers. £ s. d. £ s. d. Bank N.Z. (old) 10 3 0 - N.Z. and River Plate 1 19 6 — •Auckland Gafi ; 17 9 — Gas (£5) ... 7.- 6 0: — , Napier Gae (£9) ; 14 10 0 — Palmerston North Gas... 12 0 0 — .N.Z. Insurance 6 2 6 — Gear (£4) ....... 14 0 0 — Meat Ex. (£2 12s. 6d.) 215 0 - Onion Steam (ord.) 12 9 — Union Steam (pref.) 10 6 — Well. Woollen (ord.) 4 8 0 — Westport Coal llt 0 — Westport-Stockton — 0 4 9 Taringamutu ; — 2 4 0 Manning and 00. 4 12 6 5 0 0 Sharland (ord.) ;. — 14 0 Sharland (pref.) — -14 0 Ward and Oo 510 6 — *Crown Brewery — 2 2 3 *Ex dividend. N.Z. 'INSURANCE 00. Tin balance-sheet of the New Zealand Insurance Company, Limited, for tho year' ended November 30, 1914, hits been circulated, from which It appears that the net income from premiums, interest, and rents amounts to £746,583; the available balance on the ■ year's transactions, and including tho balance' brought forward from the previous year, amounts to £131,592, Irom which has to be deducted the dividend of £22,500 paid in Augu6t last. The directors now recommend placing £40,000 to reserve fund, and £22,500 to investment, fluctuation,' and contingency account. From the balance of £46,592 the directors recommend the payment of a dividend at the rate of 3s. per share, absorbing £22,500, making £s. per shaTe for the year, lea?-' Ins a net balance of £24,092 to be carried forward. The paid-up capital, reserves, and undivided profit, now amounts to £1,006,092, after providing for the dividend recommended by the directors.

PRODUCE PRICES CURRENT. Messrs. Laery and Co., Ltd., Allon Street report wholesale prices ca follows Fowls'' wheat,, prime, 7s. 3d. per bushel j fowls' barley, ss. fid. per bushel; feed peas, prime 6s. 9d.; Prussian blue poae, 7a.; maize, se'. Bd.; chaff, oatensheaf, £7 per ton; hay, £5 10s.; flour, in sacks, £17 per ton; oatmeal £18 10s.; bran. £8 55.; pollard, £9 10s • rice pollard, £7 -5e.; rolled oate, lis. per dozen; oatina, lis.; onions, New Zealand 9s. to 10s. cwt.; potatoes, table, £5 to £6-' bacon, all best factory sides, 9*d. per lb • hams, 9}d.i rolls, lid.; shoulders bacon' 73d. ; cheeso, factory medium, 7d.' per lb ' basic slag, £4 10s. per ton; superphosphates, £5; bonedust, mked, £6 155.; Jinseed meal, £19 ICe. Customs dnty collected at the port of Wellington yesterday amounted to £2£'u 165.. sd. AUSTRALIAN PRODUCE MARKETS. By Teleeraph—Press Association—Copyright (Rec. Fobruary 4, 10.50 p.m.) _ , _ . Sydney, Pobruary K Oats, Tasmaniaji, 4s. 6d. to 4s. 9d • New Zealand "A" erodo Gortons, 4s. 8d ■ "Tj" grade, 4s. fid. to 4s. 7d. Barley, Capofeedins, 55.; English, se. 3d. Jlaize, 4s. 6d to ss. Potatoes, Taemanlan, £4 ss. to £4 Nta Onions, £9 10s.. to £10. Adelaide, February 4 Wheat, 7s. 3d.; (lour, £15 lite.; bran is UJd .to Is.; pollard, 2s. 4d. ' ' MELBOURNE HIDE SALE. (Itec. February 4, 10.50 p.m.) Melbourne, February 4. At the hides'sale, there were email supplies. There was active competition and prices were Id. to Id. higher. MELBOURNE WOOL SALES. Melbourne, February i. There was prreat activity and firmness at the wool sales. The top price realised was 165(1. LONDON WOOI. SALES. London, February 3, At th« *>m! «•■!«• msflngs.""ft fivoi, «»ft aroMbxete Imdraws, . Enew laaiittd;-

Erncspring, 17d., 157 ; ci.; Cuthcro, Hid., 92d.; Necomen, 14d. ( lod.; Bomera, 13d., Hid.: \Vhydown, iojd., 9Jd.; Blah, Uld., IOJd.; ParawayhiU, 12id„ 93d.; Brickhouse, llid., 103-Bd. New Zealand: Mang&roa, 13id., 134 a. The next sorios bcshis on February 23 instead of February 16. Messrs. Murray, Roberts, and Co., Ltd., have yesterday received a cablegram from their London friends, Messrs. Sanderson, Murray, and Co., under date February 3, as follows'"Market firm. Merino, .10 per cent, higher than ]a6t sale's closing rates; French and American buyers operating freely. Second scries of sales postponed until February 23. list closes February 8. Third series may be postponed." LONDOJJ MARKETS. London, February 3. Whoat.—Tho market opened 6trong at Is. Sd. to 2s. dearer in sympathy with America, Canada, and Argentine. A fair cargo business is doinj, but paroels closed irregular on reaction an Chicago. Linseed oil, in pipes, £27 15s. per ton. Turpentine, 41s. TALLOW SALES. London, February 3. At the tallow sales 432 casks were offered end 352 sold. Prices: Mutton, fine, 40s. 6d.; me<Kum, Ms. 6d. Beef, fine, 395.; medium 34e. METAL MARKETS. London, February 3. Copper.—On the spot, £63 ss. to £63 10s.; three months, £63 15s. to £64. Tin.—On the spot. £172 10s. to £173; three months, £156 10s. to £157. Lead.—Soft foreign, £18 12s. 6d. to £18 15s.i Spelter—Ordinary brands, £37, £38.