COMMERCIAL ITEMS
Customs duty collected at the port of Wellington on Saturday amounted to £854 15s. 3d. OAMARU WOOLLEN COMPANY. The report to bo presented at>tho annual meeting of the Oamaru Woollen Factory Company, Limited, states that tho financial results ,of the year are very satisfactory. The net profit for tho year, after making provision for income tax, amounted to £7614 17s. 5d., to which has to bo added the sum brought forward from last year £4427 Us. 5d., making a total of £12,042 Bs. 10d.; from which an interim dividend of 4 per cent, on ail shares and a bonus of 1 per cent, on ordinary shares was paid in Juno last, absorbing £1599 Bs. sd. It is now recommended to pay a further dividend and bonus at the same rates, amounting to £1599 Bs. 5d.; to transfer to reserve £2000; and to place to the credit of a dividend equilisalion reserve £2000-a total of £7198 16s. 10d.; leaving a balance to be carried forward of £4843 12s. Tho plant has been working to its full capacity during the year, and as tho Government requirements for military purposes wcro leas than the preceding year, the company have been enabled to make large deliveries of goods to regular customers. NEW ZEALAND LOAN AND MERCANTILE AGENOY. Australian-New Zealand Cable Association, (See. November 25. 5.5 p.m.) LONDON, November 23. Tho New Zealand Loan and Mercantile Agency Co.'s year's dividend is 6 per cent., with a bonus of 1 per cent.—Aus.-N.Z. Cable Assn. LONDON MARKETS. (Rec. November 25. 5.5 p.m.) LONDON, November 24. Hemp—Fair business in New Zealand hemp at fixed prices. Rubber.—Para, 2s. 7Jd. per lb.; plantation, 2s. 53d.; smoked, 2s. 43d. Rabbits—None offering. Frozen Meat.—A few lots of Australian lambs aro selling at lfljd. per lb. Of other colonial moats there is none offering.—Aus.N.Z. Cable Aosn.
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Dominion, Volume 11, Issue 53, 26 November 1917, Page 8
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305COMMERCIAL ITEMS Dominion, Volume 11, Issue 53, 26 November 1917, Page 8
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