COMMERCIAL ITEMS

Dominion, Volume 11, Issue 119, 6 February 1918, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKEB. A sale of Bank of New Zealand shares (£6 13s. 4d. paid) at £17 7s. 6d. was reported yesterday. The quota,tionß wero as follow:— Bayers. Hellers. £ s. d. £ a. d. National Bank 5 4 0 — Bank N.S.W — 08 5 0 Bank N.Z. (old) ...i 12 7 0 - Bank N.Z. (newj 17 .6 — N'.Z. Loan and Jler. (ord 1 80 C 0 84 0 0 N.Z. and JJivcr Plato 116 6 — Well. Trust and loan ... 5 10 0 — 'Woll. Deposit 0 7 0 0 '8 0 Well. Gas (£10) — 12 - 0 0 National Insurance 3 0 0 — S.B. Insurance 6 0 0 — Gear Meat Co. (£1) 415 0 < ' — Auck. -Trams (ord.) 10 6 — Huddart-Parkei' (ord.) ... - 115 0 Union Steam (prof.) 113 — Woli. Woollen lord.) 6 15 0 — Well. Woollen (pref.) ' 4 5 0 — Wcstport Coal, 110 6 111 6 Waipa Colliery — 018 0 N.Z. Paper Mills 019 0 0 19 6 Rharlana's (ord.) 17 6 — Whitoombe & Tombs ... 5 15 0 — W.P.C.A. . (£5) 6 5 0 - Customs duties collected at. the port of Wellington yesterday amounted to £1989 8;. 9d. AUCKLAND SALES. By Telegraph—Press Association. : Auoklantfi February 5. Sales:—Talisman, 10a. and 10s. Id.; Bank of New Zealand, £12 7s. N.Z. INSURANCE COMPANY. By Telegraph—Press Association. Auokland, February 5. The balance-sheet, of the New Zealand Insurance Company for the year ended November 30. 1917. shows a. not income from premiums, interest. 5 and rents of £1,207,119. The available balance on the year's transo/Mbi™. including the balance brought forward from the previous year, amounts to £160.!74, from which is deducted a dividend of £26.250, paid* in A.ugust iasi. The directors recommend tile niacins', of £60,000 to the reserve fund from the balance' of £73.924; and they, recommend i'ne.payment of a dividend at the rate of 4s. per share, and of a bonus of sixpence per share, absorbing £53,750. making Bs. per share for the year, and leavine a nc-t balanre of £40,174 to he carried forward. Paid-up capital, reserves, and undivided profit amount, to £1,360,194 after providing for the dividend recommended. THE METAL MARKETS. (Bee. February 5. 11.5 n.m.) London, February 4. Tin.—Spot, £298 17». 6d.; three months, £286 10s. Bar silver, 43} d. ner ounce standard. Other metals unchanged. The New Zealand Loan and Mercantile Agency Company, Limited, report;-At Tiranmea, on Monday, we had a large yarding of sheep, which we submitted to a- very fair attendance. Competition for wethers was keen, but other classes were not much in demand.. We quote:—'Twotooth wethers, 275. 6i.j two-tooth ewes. 265. 7d,; fat and forward ewes, 265. 9d. ; a god ewes in wool, 25b.; m.a. shorn lambß, 12s. MINING NEWS WELLINGTON SHARE MARKET. The quotations yesterday for mining shares were as under;— Buyers. Sellers. £ s. d. £ s. d. Con. Goldfieias 0 4 9 - Murray Creek ■ ■ — 115 0 Now Sylvia, 0 10 — Talisman — 010 4 Grand Junction 015 8 — Waihi-Paeroa — 011 0 STOCK EXCHANGE. By Telegraph—Presß Association. Chrlslchurohi February 6. Sale rer.irted :-New Zealand Farmers' Co-operative Association, 435. SYLVIA REEFS, LTD. Tho mine manager reports for the week to February 2:—"North of main crosscut: Tho crosscut in the footwall was advanced 145 feet through quartz stringers. This haß been stopptd temporarily, and wc started again following tho reef track and advanced 2 feet. In tho south end on# atope is going on the main reef; the quartz ia well mineralised. Three atopes are going on the H.W. reef, which is rather small at praent. We have started to extend tile stopes north from the drive on the main reef. The reef is composed of pug and gritty quartz showing a fair amount of mineral." In these days when labour is so difficult to procure, efficiency in tho equip, ment of the cheese factory is all important. Tho Victor Vat, which has middle drainage and sloping bottom, is the most effective. Order early from A. j, Partem. Dairy Engineer, Pembroke Street,' Carterton.—Advt, The Corinna is to leave Onehunga to--morrow for New Plymouth and Wellington. The vessel is to sail on Saturday for Dtmcdin, Oamaru, and Timaru. The Union Company adviso that tho Monowai will arrive at Wellington from southern ports on Tucßrtay next, and sail tho same day for the north,