COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3150, 31 July 1917, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. ■Yesterday's quotations for investment shares were as follow:— Buyers. Sellers. £ fi. d. £ s. d. National Bank 511 6 — Bank N.S' (old) 12 12 6 12 16 0 K.Z. and River Plate . 1 16 3 - National Insurance — 3 0 6 Meat Export (£5) - 6 6 0 Auckland- Trains 119 — Huddart.-Parker (old.) (- 113 9 Union Steam (pref.) .... 110 — 1 , , and O. Def. Stock, N.Z. Register J2O 0 0 - P. and 0. Def. Stock, London Register — 320 0 0 Well. Woollen (ovd.) ..690 — Well. Woollen (pref.) ..4 10' - Weapon Coal ._ 1 12 0 lieyland-O'Briun 16 6 - Crown Bi'Jowoi-y ' 410 l> — Uolilen Bay Cement — 116 Sharland's ordiuary 18 0 — Pliarland's preference ..180 Ward and Co — 5 15 0 V.F.C.A. (£5) 6 7 6 - GAS COMPANY DIVIDEND REDUCED. The directors of tlie Wellington Gas Company have decided to reduce the usual interim, dividend of 5 per I'cut. to 21 per cent. COMPANIES REGISTERED. The following new companies hove, says the "Mercantile Gazette," been registered during the past week:--Bartlott and Andrew. Ltd. Registered as a private company July 10, '917. Offlco: 10 Willis Str«3t, Wellington.- Capital, £1400, into l«0 shares of £1 each. Subscribers: Wellington—S. P. Andrew, i; Auokland-W. H. Bartlett, 1399. Objects: To carry on the business of phot-ogra.phcrs" and general incidental. •■ Mangatanjti Lund Co.,' Irtd. Registered .13 a, private company July 11, 1917. Office: 5 Customs Street, E., Auckland. Capital, £22,0C0, into 22,000 shares tf £1 each. Subscribers: Auokland—E; Herman, &00 f.pu., P. A. Herman, 8363 f.p.u. and SC37 00nt..; G.' H. Stubbs. SOCO f.p.u. Objects: To purehase and deal in land and general incidental. Northern Furniture Co., rtd. Begistcred «s a, private company Julv 18, 1917. Office: 24 Wilson Street, Wanganni. Capital: £1000 into 1000 shares of £1 each. 'Subscribers: Wa.ne;aiiui—W. S. Ferguson, 334; K. Leigh. 333; A. Morelann, 333. Objects: To manufacture and,deal in furniture and wood work, etc. LITTON LIMITED. The halajica-eheet of Lipton Limited for the year ended Maxch 10. 1917, shows that this net proUt for the period, after allowing £3470 3s. sd. for bad debts and £44,057 os. Id. for depreciation, amounted to £258,530 Is. 9d., and there wa,6 brought forward from the- 1 previous year £82,125 3s. 6d., making a. total of £340,655 se. 3d. After deducting interest on .debenture stock for the year, £20,1)00, and dividend on preference- shares, £50,C00, ttfore is left 6s. 3d., which has been allocated aj follows:—Addojl to Reserve Account, £75,000; placed to War Contingent Reserve Account, £25,080; dividend on ordinary fihates at 7J per cent., £-93,750; Employees' Pension Fund. £10,000, and to be carried forward £66,905 ss. 3d. The- tijureji are a vast improvement on Uio«e for 1916, when the holders of the ordinary shares received no dividend. Custom? duties collected at. the port of Wellington yesterday amounted to £1561 9s. 4d. FROZEN 7JEAT MARKET. JlcssrE. Gilbert Anderson and Co. (Messrs. Mullsop, Eliot-t and Co.. PaJmerston North, local agents) report on tho frozen meat market; under date Londcn, May 11, as follows :— ■ Home-grown—Terr high prices have been realised', but this had the effect of attracting increased supplies towards the end of the week, causing «. fall. Frozen-Supplies arc still exceedingly light. Patagonia, lambs have teaohed lb. 3Jd. for all weights.. Other South. American lambs aro nominally at lid. per lb., but the carcasses continue to be cut up and sold in joints at such high prices that tho carcass is hrought to .tbout, Is. 2ri. per lb. Sheep of all descriptions arc particularly scarce. Market Prices for Weeks Ending:May 11. May 12,, May 4, 1917. 1916. avt. Home-grown-Beef, sides 121-134 11-12 121-135 Mutton, wethers 16J-2I) IH-12J 23 -16! Mutton, ewes .15 -17 9J-11 13 -131 Mutton, Dutch — — — Tegs 17J-20} 111-14 14-18 Lambs : 19-21 135-151 16-18. Pork : 121-14 11 -HJ 121-141 Veal,: best !3 -15 1! -13J 13 -14 FrozenMutton, N.Z. and Aus. wethers 85 8}- fi 83 Ewes 8S 73 8i S American 11 103 11 Lamb,.N.Z. and Aus. 10 9 10 S. American 1) 105 11 Pork. U.S.A. .: 103 81 103 ahilleaV Argontine ox fores and hinds 103-12* BJ-11J 10 -111 • Nominal. ' AUSTRALIAN PRODUCE PRICES. By Telegraph-Press Association—Copyright ■MELBOURNE, July 27. Barley, Chevalier, malting, 4s. 3d. to 4s. 5d.: Cape, 3e. 3d. to 3s. 4d. Oats, Aleerian. milling,- 2s. 6d.; feed. 2s. 2d. to 2s. M. PotatoeE, £3 ss. to £4 10s. Onions. £10 105.