COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2748, 17 April 1916, Page 8

COMMERCIAL ITEMS

duty collected at the port of Wellington'on Saturday amounted to £3789 155.-6 d. ■

;■_;. . -"- SHAKLAND AND . CO., 'LTD. ■'-/Tho seventeenth annual balance-sheet and ;report of directors of Sharland, and Co., -Ltd., showi that, after making provision for all bad and doubtful debta, full •.depreciation, and payment of interim dividend, there remains a balance of £9093 Is. .lid. From this sum the directors have added £3000 to .the reserve fund, making It ;up to £23,000. They! have set- aside £500 'for . further contributions to "patriotic funds, leaving £5593 Is. lid:, which . they .recommend for appropriation as follows: —In payment of dividend at 7£ per cent.* for the year; lees interim dividend of 33 ;por cent, paid in December, £2812 10s.; in ipa-yment of special dividend of 3d. -per l;sliarc from profits earned by reserve fund. '£937 10s.; to be oarried forward to next year's account. £1843 Is. lld.-£5593 Is. lid. The directors state that thanks of the shareholders are due to the- management irr'Auckland and Wellington for their continuous care during an arduous year, and" to tho rest'-of the staff for their satisfactory .work. .:.': Mr:;!!: : Kennedy retires from the. board, and offers/.himself ' for re-election. " The auditors; JJesErs. H. Kcmber and A. ;S.,;Biss and , ilr.- Alex: .- Grierson.-.-.(in - Auckland) ; offer themselves for re-election, and there x are no- other n0minati0n5.,,.,...,. r . v i.-•.' ••'. '&t"p::, wsD.ox'woot sales'. - [■-. By'Telegrabli-Press ' Ij '.'■- (Ke'c. April 16, 5.5-p,m,) .'■' ■ " .'•:--' London, April■ 15. ;,' Bidding at-the-wool -sales'.'was spirited, all. qualities;! of .'crossbreds fetching full reeent prkes.7-- Merinos were exceedingly firm. Thojrfollowlng- prices were Tealised .ior< fleece.,.portions of the -New Zealand clips named;—"'Oka-ro,-' top l6Jd., average ;165d:i. "Hikorang'l;" 171 d;, 161 d.; ;"Oringi," I8d„ 17d.; "Okirac," ltd. 17|d.;' "Otaiki," 19Jd„ 175 d. Catalogued to date, 30,786 bales; sold, 28,967 bales.

.' LONDON JUEKETS.. ' .'■'.;. :.'.....'-.(E«!', April 16, 5.6 p.m.) '_,' '■■ l ' London, April 15. Wheat.—The wlieat market is ■ slightly easier,'and cargoes are being steadily held. Chicago. May options, 115J cents, !IMJ-cents; •July, 113},. 116J.-- •• . "'Od'ttoh'.—ApflKMay shipments, 7.62 d.' to 7M. per lb., .■■'-' Jute.—Native first marks, ' March-April I shipment, £33 10a., , 'N«w Zealand Hemp,—May ..July shipment, ; Rubber—Hard fine Para, 3s. Old.; plantation, ,3s. Z3d.; smoked, 3s. 2d. -Conra,—January-March, '£35 15s. ■ Hides.—The market is' quiet. Australian. 10 3-Bd., 11 3;Bjd. . . Leather.-Pirm market. Best Australian, 18d. to 21d.; basils, good sorto firmer, common, unchanged. First Sydney's, 15Jd. to 17d.; New Zealand, 17d., 19d. Babbits—Steady, with prices unchanged. Frozen Quotations. I

■ - THE. METAL MABKEDS. '.: ' .London, April 14. Copper.—On the spot,' £1!S ICe. to £126; three month's, £120 ''.to , £121 ; electrolytic, ;£IJ6 to £138. > ' i —-■ ■: . ;;,Tin.-0n the spot, JE2CO to ■ £200 10s.; three months, £198,55. to £198 10s. -'.'PiS-iron.—Soft foreign, 965., nominal, i'Silver.—3oJd.,per ounce standard.