COMMERCIAL ITEMS

Dominion, Volume 10, Issue 2909, 23 October 1916, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Saturday's quotations for investment shares were as follows:— / ■■ Buyors. Sellers. . £s. d. £s. d. National Bank ....: — ' .'556 Bank N.Z. (£3 6s. Bd.) ... 11 4 0 - Bank N.Z: (£6 13s. 4d.) ... - HIS Union . Bank' .....:. :.... - .'54 -0 0 N.Z. and B. Plato :........ - . 2 2 0 Well. Invest:.T. and A. .. - 0 10 9 Well. Trust, Loan, Ltd. 6 16 0 619 0 Well. Gas (£10) • — •■ -15'J 0 Well. Gas (pref.) :.-. - ... 0 19 6 National Insurance 2 15 0 • — Dear Meat.l£4) '. 17 10 0 , - Gear Meat (£1) :. .4 10 0 - - Huddart-Parker (ord.)' ... — ■ 1 5 6 Kaiapoi. Woollen (ord.) — ; 6 0 Well. Woollen »rd.) — 6 0 0 Well. Woollen (prcf.) 3 15 0 - Wesfcport Coal - • 1 9 6 WcstportrStockton. (ord.) 0 6 2 - , Ward and Co. .:. 5 16 0 - N.Z. Oonsol. Dental 13 0 - N.Z. Drug . 2 7 0 - N.Z. Portland Cement ...» - • 011 6 Auek. Trams (ord.) 10 6 — Customs duties collected at the port of Wellington on Saturday amounted to £1295 153. 2d. , "'......'■ ■ SAARLAND, AND CO.'S REPORT. The eighteenth annual report of 6har- ; land and Co., Ltd., shows that after mak-> ing provision for all bad and doubtfuldebts and depreciation thero remains a balance ■ of ' £7546 15s. 9d., which includes £1843 Is. Ud. brought forward from laßt account. Owing to the necessity of providing for the heavy income tax payable this year, the . directors, add nothing to the reserve fund from tho past six, months" working., They recommend ap-. propriation .of the balonco as follows:—, In payment of dividend at the rate of 71 per emit.; per annum for tho half-year, £2812 10s:; in payment of special dividend of 3d. per - share from profits earned by the,reserve, fund, £937.105.; to carry forward to''next year's "account, £3796 15s. -9d.; total, £7546 15s.'9d; ■Mr; A. E. Mabin was appointed a director, vice the lato Mr. Martin Kennedy, and will submit himself for election to the shareholders at the annual-. meeting. The directors consider it advisablo that tho membership of the board'should bo extendedto the full number of five allowed by the articlos of association,' aiida motion' to appoint another director ! will be mad© at tlfc meeting. Mr. A.;.A. Corrigan, representing largo shareholding interest, has, been proposed. '.Mr: ;W.-.Watson retires.and offers, himself for re-election. HIDES AND SKINS. Messrs. Dalgety and Company, Limited, Palmcrston North, report:—At our monthly sale, held on Friday lost, we offered a full catalogue to «. good attendance of buyers, competition was keen throughout, especially for - the best lines of sheepskins', and-'hides, which realised record prices, . oddments of wool and . tallow sold at prices equal to last sale Tates. We quote—Wool: Crossbred, inferior, 12Jd- to 13d.; dead wool, lljd. to. 13d.; cnitchings, 10d. to 10} d.'; ditto, inferior and seedy, 6i<J. to BJd.; locks and pieces, 6Jd. to 7Jd. Sheepskins: Fine crossbred, 13d.; medium and coarse crossbred, 15d. to 13|d.; hoggets, Ujd. to

123<1.; quarter and hulf-woollcd, 9J<l. to IOJd.; dead skins, 10id. to ll}d.; ditto, broken and damaged, Bid. to 9id.; seedy and inferior crossbred, to 103 d.; damp, sal tod, end green (best lines), to 15a. 6d.; good, 12s. 6d. to 13a. 6d.; light, 9s. to 9b. 6d. Kides: Or bides, medium and light, 11<1. to lljd.; cow hides (best lineß), IOJd. to Hid.; fanners' lots, 9Jd. to 10d.; out and damaged, 7W. to 93d.; yearlings, 9d. to 9jjd.; ditto, cut and damagod, to fid. Calfskins: Superior. \3d. to 13Jd.; medium, lid. to Hid.; cut and damaged, 7Jd. to 10jd. Tallow and sundries: Tallow, in tins, 28s. 6d.; ditto, casks, 28s. 6d. to 295.; rough fat, 17s. 6d.; horso hair, Is. to Is. Id.; rabbit skins, B}d.-to 13W. LONDON MARKETS.; Australian-New Zealand Gable Association. (Bee. October 22, 5.5 p.m.) London, October 21. Oopra.—October-December shipment, £34 ss. per ton. Now Zealand Hemp.—The market Is quiet. . Octohcr-December shipment, £51 per ton. Rubber—Hard fine Para, 3s. 4Jd. per lb.; plantation, 2s. 4}d.; smoked sheets, 2a. 4ld. Babbits aro firm and •unchanged, i Mutton.—New Zealand, B}d. and '■ 85d.; Australian, Old. and Bjd.; South American, S£d. and Bid. Lamb.—Now Zealand and Australian, 9Jd. and 10d.; South American, Bid. and 9d.