COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2835, 28 July 1916, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARKS. Prices of investment stocks yesterday were as follow:— , Huycrs. Sellers. £ s. d. £ b. d. National Bank 5 5 6 — Bank N.Z. (.63 6s. Bd.) 10 15 0 itWcll. Trust, Loan, Ltd. 6 17 6 Napier Gas (£10) 15 10 0 - Huddart-Parkcr (ol'd.) ... 1 4 9 - Union Steam (or<l.) 2 0 3 — Union Steam (pref.l 1 0 10 — Well. Woollen tord.) : 6 0 0 - Well. Woollen (pref.) 3 15 6 - Wcslinort Oual 18 9 N.Z. Consol. Cental 116 — tEx dir. •INVESTMENT. TIiUSTEE, & AGENCY CO. The report of the directors of the Wellington Investment. Trustee, and Agency Company. Ltd.. for the financial year ended June 30. .1916, states that," after having made due provision for depreciation on the company's buildings «,nd furniture, tho net profit on the year's business, including £222 Bs. 3d. brought forward from last year, amounts to £4896 Os. 9d. An interim dividend of o per cent, was declared and paid in January, amd it is now proposed to pay a furthor'dividend of o per cent, (making 6 per, cent, for tho

year), also a bonus of 1 •per cent. Thin will absorb £4334 35., leaving a balance of £561 17s. 9d. Of this amount £561 17s. 9d. it is recommended tbat £500' bo carried to reserve, which will then stand at £16,186 14s. (inclusive of £48 15s. already added, and derived from premium on new shares subscribed for), and-, that tho balanco of £61 17s. 9d. be carried ' forward to tho ensuing year's proiit cud loss account. The "board regrets to report tho dea),h of Mr. J. 11. Kichardson; a director of tho company for many years. The directors elected Mr. James Hector M'Kay to fill the .vacancv thus created on the board. Iters. James M'Keurow and Leonard 0. H. Tripp, retiring directors, offer themselves for re-election. NEW COMPANIES. Tho "Mercantile Gazette" Teports registration of tho following new companies:— llaivke's Hay Loan aud Investment Company, Ltd., a private company, Napier; capital, £2600, divided into MOO shares of £1 each. Subscribers :-S. Wood 600, A. H. Wilson 500, K. D. Anderson 250, S. S. Heath 100. IV. A. Edwards 250, It. H. lfawlinson 150, J. Thomson 250, T. ti. l'arker 500.'. Objects: To ■ carry on the business of a loan aud. investment and finance company in oil its several branches. Paramount Service of New Zealand, Ltd., Wellington; capital, £50CO, divided into 5000 shares of £1 each. Subscribers: WellingY. Walls 50, R, J. Murphy SCO, A. 0. Blair 300, T. P. Halpin 50, R. 0. Rcid 50. T. S. M'Guire 50, G. Castle 100. Objects: To carry into effect an agreement made between Australian Feature Films, Ltd., and tho company, and to carry on the business of biograph kincmatograph proprietors.

WHOLESALE PRODUCE PRICES. Messrs. Laery and Co., Ltd., Allen Street, report wholesale prices as follows:Fowls' wheat, prime,' ss. 3d. per bushel; fowls' wJieat,' medium, ss. 2d. per bushel; fowls' barley, 4s. 3d. per bushel; Capo barley, 4s. 9U. per bushel; partridge peas, 6s. 6d. per bAishol; niaize, feed, ss. per bushel; chaff, oat-sheaf, £6 to £6 6s. per ton; oat-straw, £4 ss. per ton; hay, clover, £6; flour, in sacks, £13 15s. per ton; oatmeal, £18 10s. per ton; bran, £6 per ton; pollard, £8 10s. to £9 per ton; potato seed, Northern Star, £6 15s. per ton; TJp-to-Date, £7 per ton; Gamekeepers, £6 15s. per ton; bacon (all best factory), sides Is. por lb., rolls 16. Id. per lb., hams Is. Id. per lb., shoulders lOd. per lb.; cheese (factory), medium 9jd. per lb., loaf size led. per lb.; linseed nuts, 13s. per'ewt.; linseed ground cake, 13s. per cwt.; rice pollard, £6 15s. per tou; rice flour, £15 per ton; onioiiE, Victorian brown Spanish, £7 to £7 15s. per tou; . potatoes, white-skinned table, southern-grown, £8 ss. to £8 15s. per ton;.,

Customs duty collected at.tho port of Wellington yesterday ,amounted to £4601 6s. 2d. . . .:•' . . LONDON WOOL SALES.' Australian-New Zealand Cable Association. (Rec. July 27, 8.10 p.m.) i* London, July 26. At the wool sales merinos were unchanged. There was - more spirited bidding for orossbreds. prices often being harder. To Whiti, top price 18Jd., average price 18<d.; Glcndhu, 18d., 17d. BRISBANE WOOL SALES. (Rec. July 27, 10.20 p.m.) i. Brisbane, July 27. Tho wool sales opened with competition exceedingly keen for greasy. Prices advanced from 5 to 7i per. cent., top price being 22} d. Sco-ureds were Irregular, with a decline of from 5 to 7j per cent. ', '. . WHEAT. Australian-New Zealand Cahle Association. (Rec. July 27, 8.10 p.m.) r London, July 26. "The market Is firm, with prices at ■nominal rates. .••■'• TALLOW. (Rec. July p. 2.5 p.m.) * London, July 26. Tallow: 1417 offered; 1347 sold. Mutton, fine 515., medium 475. 6d.; beef, fine 505., medium 475. AUSTRALIAN PRODUCE MARKETS.'' •' (Rec. July 27, 10.15. p.m.) Sydney, July 27. Oats. Algerian, feeding, 2s. 7d., 2s. Ed.; milling, 2s. 9d„ 2s. 10d.; Tasnmnian, white. 2s. lid., 3s. Id. Barley. 3s. 5d., 3s. Bd. Itaize, 3s; 6d., 4s. 'Potatoes, Tasmanidns, £7 10s., £9 10s. Onions, £5, £5 10s. Adolaide, July 27. Bran and pollard, unchanged. Oats, 25., 2s. 3d.. . . HIDES. ' , Melbourne, July 27. Hides.—Fair supplies', with good competition, all classes being firm. i MINING NEWS : WELLINGTON, SHARE .MARKET. Yesterday's mining quotations registered on the local Exchange were as follow:— : ' Burets. Sellers. £ s. d. £ i. d. Consol. Goldfields - 8 10 0 Murray Creek — 217 6 ... STOCK EXCHANGE. By Telegraph—Press Association. ' ( Christchurch, July 27. Sale reported :'-Bnnk of N.Z., £10 17s. 6d. f Dunedln, July 27. Sales on 'Change:—Union Steams, 425. (two parcels), 435.; Waiotahi, 6d., 9d., Is.