COMMERCIAL ITEMS

Dominion, Volume 11, Issue 257, 18 July 1918, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. Yesterday's quotations for investment ■ shares were as follow:— ' Buyers. Keller?. £ s. d. £ fl. d. ' National Eank 514 0 — • Haul; N.Z. (old) 12 6 0 . Bank N.Z. (new) 17 11 0 - . National Mortgage J 1 » Union Bank 5610 0 Loan and Jtercantile ... 80 0 0 — ! National Insurance - - 3 ' Standard Insurance 2 19 - 1 Huddart-Parker lord.) ... - i l3 » 1 N.Z. Shipping (pref.) 10 10 0 — Union Steam (pref.) 10 9 — Tnupiri Coal 0 18 ft Wcstport Coal '. 110 0 — Wcstport-Stockton 0 7 4 Waipa Colliery — J l6 6 Colonial Sugar — 2115 0 • fl'ilden Rip Cement 018 0 — Ward and Co 4 15 0 INVESTMENT TRUSTEE AND AGENCY COMPANY. The thirty-second annual report of tho directors of the Wellington Investment Trustee and Agency Co. expresses regret that during the year their chairman (Mr. James It'Kerrow) lound it necessary to resign hiß seat oil tho board. The board ' place on record their appreciation of the services rendered by Jlr. Jl'Kcrrow as a director since the inception of tho company in 1886, aud wish him many years in which to enjoy his retirement. Mr. Herbert 6. Smith, manager for New Zear land' of the Phoenix Assurance Co., Ltd., was selected to fill the vacancy caused 1 by the retirement of Mr. M'Kerrow. _ After having mado provision for depreciation on the company's buildings and furniture, there is left for disposal (including £219 3s 7d. brought forward from last year) a sum of £4698 17s. sd. An interim dividend of 3 per cent, was declared, and paid in January, and it is now recommended to pay a further dividend of 3 per cent, (making a dividend of 6 per cent, for the year) and a bonus of 1 pelcent This will absorb £4340, leaving a balance of £358 17s. 5d., which it is recommended should be carried forward to the ensuing year's profit and loss account. Customs duties eolleotcd at the port of Wellington yesterday amounted to £3430 ' 14s. 6d. THE JtETAL. MARKET. Australian-New Zealand Cable Association. , (Rec. July 17, 10 p.m.) ! ' London, July 15. Copper-£122 ss. per ton; electrolytic,.£l3s to £133. Lead—£29 10s., £28 10s. Spelter—£s4 to £50. Tin—£3s4 10s. Silver —48 13-16 d. (Rec. July 17, 10 p.m.) London, July 16. There haß been n. big rise in the price of tin, which reached £364 10s.