COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2449, 30 April 1915, Page 8

COMMERCIAL ITEMS

. INVESTMENT SHARES. < ■ . In the investment majket yesterday sales recorded of National Bank at £5 10s., and 'Auckland Trams at 225. Tie quotations were as follow:—

.WELLINGTON DEPOSIT'MORTGAGE 00. Tie balance-sheet of the Wellington De-. posit Mortgage and Building Association Limited was circulated yesterday. In their report the directors state that the net profit on the year's business is £1549 Is. 9d., which, added to £331 Is. 9d. brought forward from last year. Ires £100 directors' fees, makes a total of £1780 3s. 6d. The directors recommend that this s\im be applied as follows The payment of a dividend for the year at -tie rate of 5 per cent, pen annum, which will absorb £1250, a sum of £200 is to be placed to the reserve account, and the balance, £330 3s. 6d. is .to be carried forward. A eum of £150 bas been set aside as a special reserve against contingencies. Tinder the provisions of the Trustees Amendment- Act, 1914. the association has been approved by Order.-in-Couneil as an institution eligible for the' receipt of. dqposits at interest from ■ trustees. The accounts show that interest received and'accrued amounted to £3176 Bs. ltd.. The amount of mortgages is now £56,654 2s. lid.,. and freehold property £843 14s.

WELLINGTON WHOLESALE PEIOES. Messrs. Laery and Oo„ Lid.. AUen Street, report wholesale prices ae follow Fowls' wheat, prime, 7s. 1 7d. per bushel; fowls' bailey, Cs. 3d.; Oajpe boxley seed; 6s. 6d.; feed peas, prime, 6s. 6d.,; partridge, peas, 7s. Gd. 'bushel; Prussian blue pea?, Bs.; make, 6s. 3d.; oats, 4s. 6d. to 4s. Bd. per bushel; chaff, oateneheaf, per ton, £B'ss.; hay. £7; flour, in sacks, £13; oatmeal, £22; bran, £8 55.; pollard, £9 15s. to £10; onione, New Zealand, £6 ton; potatoes, white skinned table, £6 to £6 per ton; bacon, all best factory sides, 9id. per lb.; hams, 9Jd.; rolls, 103 d.; . shoulders bacon, 7Jd.; cheese, factory, medium, B£d. to 9d. per lb.; basic slag, £6 per ton; superphosphates, £5 55.; boneduist, mixed, £6 155.; linseed meal, £19 10s.

Customs duty collected at the port of Wellington yesterday amounted to £2567 te. 4d.

LONDON WOOL SALES. (By Telegraph.—Press Assn.—Copyright.) London, April 28. At the wool sales there was spirited general bidding. Prices were unchanged. The following prices were realised for the fleece portion of 'the clips named;— Mvora, top price 14d., average 13d.; Kenyu, 15d and 14* d.; Minderos, IOJd. and 83d.; Orcssy 27d. and 253 d.; Mutooroo, llid. anil I4>d" New Zealand; Crajgmore, 17id. ajid 16id'. Messrs Dalgetv and Company, Limited, have "received the following cablegram from their London offices under date April 27;— The fourth series of wool sales opened with a good attendance. There was a good "election, and competition was fiirly animated.- Compared with the closing 1 rates of last sales, good merinoi;, both greasy ond scoured, were unchanged. Medium were 5 per cent, lower; inferior greasy,' 5 per cent, to 7i-per cent.; and short" faulty scoured, 7} per cent, to 10 dm: Bent, lqjjer,.

from par to 5 per cent, lower, and medium and coarse 5 to 7i per cent, lower. Bcourcd cressbrcde were from par to 5 per cent lower; slfpes were unchanged." . SYDNEY WOOL MARKET. (By Telegraph—Press Assn.—Copyright.) (Dec. April 29, 10.10 p.m.) " ' '' Sydney, April 29. Though the wool trouble with tho associated brokers is not yet settled, the iraassociated brokers offered 9500 hale.-. The demand was good, but except for a few select- lines values showed a falling market.

AUSTRALIAN PBODUOE MARKETS. (Rec. April. 29, 10.10 p.m.) Sydney, April 29. Ont6, Tasmanian, ss. sd. to ss. 6d.; New Zealand "A" Grade (Jartons, ss. 6d.; barley, Cape, ss. 9d.; English, 65.; maize, yellow, 6s.f white, ss. 9d.; potatoes, Tasmanians, £6 to £7 10s.; onions, Victorian £7, New Zealand £6; butter, selected 1245., secondary 119s. ; chceee, 91d. to lOd.: bacon, B*d. to 9d. Adelaide, April 29.' Wheat, Bs. 3d.; Hoik, £17 106.; bran, 2s. 3d. to 2s. 4d.; pollard, 2s. 65d.; oats, ss. 9d. to 6s. 6d. TALLOW SALES. • London, April 28. At the tallow sales 1805 casks were offered and 693 sold. Prices realised Mutton, fine, 415.; medium, 355. 6d. Beef, fine, 40s. 6d.; medium, 355. New Zealand Loan. and Mercantile Agency Company, Ltd., have received tie following cablegram from their London house, under, date April 28;— Tallow; We Suote present spot values for the following escrlptionsFine mutton, ' 38s. 9d. per cwt.; good feed, 365. 3d.- per cwt.; mixed, 345. per cwt. The market is dull, with downward tendency. " ,'' -THE' ■ FRUIT MARKET. (By Telegraph—Press Aesn.—Copyright.) ' London, April 28., Of .the steamer Hector's West Australian apples the Jonathans were waety, and realised 4s. to Bs. 3d., a. few 9s. 6d. 1o lis.; Dunns, -76. to 10s. 6d.; Cleopatras, 9s. 3d. to 12s. The grapes were poor, and sold at 2s. 6d. to 55., a few at 9s. 6d. to 14s. Pears, 9s. 3d, to 13e. 6d. case; Tasmanian pears, 2s. 6d. and 2s. per tray. The Oreova's Victoran apples sold it Bs. fid. and 9s. 6d., a few Jonathans at l l s. 6d. and 12s. 6d. A few Tasmanians were sold at 9e. and 10s. 6d. METAL MARKETS. „ • London, April 28. Copper—On the spot, £80 12s. 6d. to £80 17s. 6d.; three months, £82 to £82 55.; electrolytic, £87 10s. to £88 10s. Tin—On the spot, £163 10s. to £164; three months, £164 'ss. to £165 ss. ■ Lead.—Soft foreign, £21 to £21 10s. Spelter.—£6s, £64. Silver.—Bar silver is quoted at per ounce standard. P. AND O. COMPANY. London, April 28. The Peninsular and Oriental Steam Navigation Company has declared a dividend on deferred stock of 5 per cent. j

Bayers. Sellers. ■ £ s. d. • £ s. d. Bank N.Z. (£3 6s. Sd.) ... 11 0 0 .11 32 0 Bank N.Z. (£6 13s. 4d.)' ... 17 1 0 -17 4 0 Union Bank — 67 10 0 Equitable Building 9 10 0 — is'.Z. and River Plate, ... 2 0 0 — Wn. Int. T. and A 0 11 3 — Well. Trust Loan, Ltd. ... 7 8 6 — Chxistclmrch Gas (£5) ... 7 13 6 ■ — National Insurance :..... — 21(1 6 Well. MeatEipt. (£21Zs. 6d.) — 2 14 6 N.Z. Shipping (pref.) ...... 10 0 0 — Union Steam (ord.) ...... — 14 6 Well. Woollen (ord.) 4 11 0 — Well. Woollen (pref.) 3 5 0 — Golden Bay Cement ...... 1 0 6 113 Wilson's Cement (ord.) ... 1 1 3 — .Ward and Co. : —' 5 15 0