COMMERCIAL ITEMS

Dominion, Volume 11, Issue 57, 30 November 1917, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAMS. Yesterday's investment shares ivero quoted as follows in Wellington :- .buyers. ' Sellers. Bank N.Z if "5 1) £ !l d ' Union Bank 54 15 u _ National Mortgage 3 17 0 - Well. Gas (£IU) _ 19 ~. n Well. Gae (p«I.) _ njo^ WestportStockton 0 8 7 Ward and Co _ 5 m „ Manning and Co _ 3 jj J Oustoms duty collected at tho port of Wellington yesterday amounted to £4604 83. N.Z. FARMERS , CO-OP. DISTKiBUTINO

ANNUAL EBPOBT. The report to be presented a* tho anzELTf."? Ot ? h * rehM ™ i" the New fin tis. . Co-operative Distribute £{a u ? a ; lo , c , atlon ot rebates and bonuses t« i"m , r 3 'i nd s" A"™" to tC,u# e 01 (J per cent.; make donations to ml pay taS m j SCt as f ido AM pay taxation; and carry forward tho bal, from' n l i* V -° mei t0 *««*> £1211 ton™, C ? lUm ? n Account to tae Kcservo Account, brhginc tho total of same up to £2211. "B" shares do not participate by way of dividend in the ,pro m, u tho « on >P <l ny until Octobtr y ftij although provision j s . ma do for the pa": In, °L 1 ° n i ivc etook co "«isSwtrttt 1,^18 ° f tho trZ! 1C !l ut ." tan(,i nff feature of the. yrar's (h« i S, -A 'J lO y eporfc MOMMIs. 'W beer! I^nnr. 1 " cf the Wool S Department. The aeaspa of 191546 was our first, year-in tho wool business, and the Wer °, 22 °? baleß - Fo * tho «« son 1916-17 wo hiindled 9500 • balcß, while s« n nd !?l.7?.? are tl ?, at {or li S I- 17 ' 18, we . fh »U Pi", througi iX double this Quantity. Our first valuation th» reason totalled l£6o bales-lhe laS to fh?fS ? l v ny Y broker up to that d»to-?fovember 10 last. The com""J'3, wool etoree hare 'ahowing' accom-

hm? nr ™- the company purchased tho land. ( promises, and business of Jlossrs. A. ?;/S" nson and Co - Ll(1 - Kimbolton load equipped liranoh ib now available in that district. Pho farmers of Fi-ilding, in less %a n m t <T mw, s "b?oribed for over aw,™ of the companyn shares. A subbranch has been opened in temporary pre™M Avenue, Wanganui, as the forerunner of a complote branch, which it is hoped will bo established during tho coming year.

Tlie subscribed capital of the company has been increased by £48,515 during tho £14.165 allotted smeo September 30 last, making a. total increase since our last balance-Bheet of £62,680. "Tho directors have decided to increase tno premium payable on "A" shares to 4s per share to now applicants, and 2s. 6ri' to dieting shareholders." "A commencement has been mado in the direction of engaging in tho sale of live stock. B shares have becirsubscribp«mn for j t !l ls . P" r P"?e to the value of £33.000, and it is anticipated up to £70.050 will be applied for by early in the New . V' £ mana S er for this department is to lie ehortly appointiia. and a commence, ment made in the Wanganui and Eangitikci dißtricts.

4 -'" rh , o H S'V' D ; ( i l, l s ' C °-°P; Wholesale Fedoration (N.Z.), Ltd., was incorporated in May last, and its organisation will very shortly be at the disposal of flit nine 'co-ops.' wnloß comprise it. The federation renro-

scntn £J,000,000 of rapila! and 30,000 larmer shareholders. Very material advantage will a«cmo from Hip pooling of ordcrn. and tho collective, purchasinc in the mar. kots o£ tUo world of the total requirements of tho organisations lvhich arc members of tho federation."

BRITAIN'S MUTTER. Australia n-Nes Zealand Cablo Acnocialion. (Rcc. November 29, 8.10 p.m.) London, November 26. The butter distribution under Stato control will (Mmmcnco next week. A large Quantity has already been Bent to the country in order to alleviate the shortago at tho earliest moment. TALLOW. (Uec. November 29, 8.111 p.m.) London, November 28. Tallow.—Small arrivals are selling privately at tho maximum prices. AUSTRALIAN PRODUCE. By Telegraph—Press Association-Copyright {800. November 29, 10.35 p.m.) Sydney, November 29. Oats. Algerian, feeding, 3s. and 3s. 3d.: milling, 3s. 6d.; Tasmanian, 3s. 9i., 3s. lid. Maize, 55., ss. 2d. Potatoes, new, £i to £10; oM, £4 to £9. Onionb, £8 to £13. .

Adelaide, November 29. Oats, 2s. 6d.