COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2848, 12 August 1916, Page 12

COMMERCIAL ITEMS

INVESTMENT SHARES. Yosterday's quotations for investment sharps ivore as under.— Buyers. Sellers, i s.ii. £ s. d. National Bank 5 6 6 — Dank N.Z. (£3 6s. Bd.) 10 17 6 — Well. Gas (£10) 1410 0 - National Insuranco .. 212 6 — Gear Meat (£1) ....: 4 9 0 — Iluddart-Parker (ord.) ... 1 5 6 16 6 Iluddart-Parker (pref.) ... 1 0 9 — Union Steam (ord.) 119 0 2 2 0 Union Steam (pref.) 110 — c Kaiapoi Woollen (ord.) 610 0 — Well. Woollen (ord.) 6 2 6 — Woll. Woollen (pref.) 3 17 6 — Waipa Goal 0 18 6 — Westport Coal 19 4 — N.Z. Drug 2 V 0 - D.1.0. (prof.) - 10 6 "Oiuu div. WELLINGTON MEAT EXPORT 00. ANNUAL REPORT. Tlio twcnty-soveaith annual report of the Wellington Meat Export Company, Ltd., to be -presented at the meeting on August 29, reads as under:—"Your board of directors has pleasure in presenting to shareholders the balance-sheet and profit and loss statement for tho year ended June 30 last, showing as it does a. satisfactory outcome for that period. After allowing for the interim dividend of £4230 13s. at December 31, and £8517 Bs. lOd. for depreciation there remains for distribution the-sum of, £23,813 19s. 2d., which it is* recommended should be applied as follows, viz.ln payment of dividend for the half-year to June 30 last at the rat© of 4 per cent., £4830 16s. Bd.; bonus at the ■rate of 2 per cent, per annum, £2265 7s. 6d.; reserve fund, £4369; insurance reserve. £3900; equalisation dividend reserve, £3500; carry forward, £4948 15s. Id.; total, £23,813 19s. 2d. 'T)uring the year 12,720 shares of the new issue of capital have been allotted, and 355. per sho.ro, amounting to £22,260, has been oalled up and nartioipates in the dividend and bonus as recommended.

"As usual two directors, namely, Sir W. 0. Buchanan and Mr. Martin Elgar, retire by rotation, but arc eligible and offer themselves for re-oleotion. Mr. Edward Newman has. resigned his seat on the board, whioh leaves an extraordinary vacanoy to be filled as -well. "Tile retiring- auditors aTe Messrs. 0. S. Watkins, E. W. Hunt, and W. 6. Wheeler, the. two formei-Kcf whom are eligiblo end offer re-election."

WHOLESALE PRODUCE PRICES. Messrs. Laery and Oo„ Ltd., Allen Street, report wholesale prices as follows Fowls' wheat, prime, sa. 3d.' per bushel; fowls' wheat, medium, ss. Id. per bushel; fowls' barley, 4s. 3d. per bushel; seoonds barley, . 3s. lid. per bushel; Victorian Cape barley, seed, 4s. 9d. per bushel; N.Z. Capo barley, 4s. 4d. pel" bushel; partridge peas, 6s. 6dper bushel; maize, feed, 4s. lOd. to ss. per bushel; chaff, oatsheaf. £6 to £6 10s. (sacks in), per ton;, hay, lucerne, £6 per ton; luoerne, clover, £5 15s. per ton; flour, in sacks, £13 ss. per ton; oatmeal, £18 10s. per ton; bran, £5 6s. to £5 10s. per ton; pollard, £8 to £8 ss. per ton; potato seed, Bruses £7 per ton, Prolific £7 per ton, Northern Star £6 10s. per ton, Up-to-Dato £7 ss. per ton, Gamekeepers £6 15s. per ton; bacon (all best factory), sides 11 id., rolls Is. o{d„ hams Is., shoulders lCdi. per lb.; oheose (faotory), medium, 95d. per lb.; linseed nuts, £13 per ton; linseed ground cake, £13 per ton; whole linseed, £24 per ton; onions, Victorian brown Spanish, £6 10s. to £7 10s. per ton; potatoes, whiteskinned, table, Southern, £8 ss. to £8 15s. per ton.

Customs duty collected at the port of Wellington yesterday amounted to -£3470 os. 3d.

SOUTHERN MARKETS. By Telegraph—l'rcss Association.

Chrlstchuroh, August 11. A little business has taken place in the wheat market, several sales having been made between merchants and millers, and a few purchases mado from growers. Prices are apparently very much the same as they wore before buyers went' off the market. Milling Tuscan is worth about 4s. 4d. to 4s. <d.; Hunter's, 4s. Bd. to 4s. 9d.; and pearl, 4s. lid. to 55., at country stations., It is reported that, space has been secured in two Home boats for several thousand sacks of wlicat. There is nothing doing in oats, and chaff is easier! the. demand for tho latter being purely local and prime quality is worth about £4 10s. to £4 15s. at country stations. The potato market is a little firmer, orders having come to hand from the north a littlo more freely. For immediate delivery, £6 ss. at country stations is being paid, and for delivery towards the end of the month the price is £o 10s.

COLONIAL AND OTHER PRODUCE. Australian-New Zealand Oablo Association. (Koc. August 11, 8.10 p.m.) London, August 10. wheat.—Market Tery firm, and supplies sparingly offered. Flour.—Market firm. Australian, on spot, 465. 6d. and 475. 6d. Oats— Market steady; prices unchanged. Peas—Market firm. New Zealand Maples, 60s. and 70s. Beans.—Market firm; prices unchanged. Butter.—Market very firm, as supplies from all sources are short. Danish. 1905.i 1925.; New Zoaland. choicest. 1765„ 178s. Cheese—Market strong. New Zealand,. 945., 965. The Government has . taken 40,0C01b. of Canadian, delivered in London. Sugar.—Market unchanged. Bradford Tops.—Better tone, with fair inquiry for low-grade crossbreds. Prices unchanged. THE METAL MARKETS. Copper.—Spot, £110 10s.: three montlis, £108 10s.: cloctrolytic, £124. Tin—Spot, £169 12s. 6d.; three months. .£170,123.6(1. Lead. —Spot, £29 2s. 6d.; three months, £28 10s. fipelter.-Spot, £47; three months. £40. Bar Silver, 31Jd. per ounce standard. VICTORIAN PRODUCE MARKET. By .Telegraph-Press Association-Copyright Melbourne, August 11. Barley, English 4s. 6d. to 4s. 9d., Cape 3s. 3d. to 3s. 6d.; oats, milling, Algerians 2s. Jd. to 2s. 3id.,'feed Is. lid. to 2s. Id.; potatoes, £6 30s. to £7 155.; onions, £3 to £3 10s.