COMMERCIAL ITEMS

Dominion, Volume 12, Issue 7, 3 October 1918, Page 8

COMMERCIAL ITEMS

e v. INVESTMENT SHARES.. jsterday two sales of Wellington Gas I ipaid) were made on 'Ohango at £11 ' and of P. and 0. deferred stock at ).' The! QUoUtions Were as follow:— • .. Buyers. Sellers. ; ' ■ £ s. ji. £ B. d. [k' Australasia, 12} 0 I) - ibnal Bank 6 7 6 — pn Bank ,*..... S3lO 0 59 0 0 ropolitau Building ... 11 I) 0 — ional llortgacc 4 6 0 — kland Gas 17 0 - 1. Gas "(£10) r 11 7 6 1115 0 ional Insurance 3 4 6 , — .. th 'British Insurance — 6 19 0 it Export (525. 6d.) — 2 10 0 kland Trams (ord.) — 015 6 Idart-Parker (ord.) ..230 240 bu Steam 110, - md 0. Def. Stock ...399 0 0 405 0 0 apoi Woollen (ord.) . 7 15 0 8 0 0 itport Coal 11l 3 111 6 Ipa Colliery 0 15 9 land-O'Brien 17 0 18 0 C. preference 10 0 — ien Bay Cement - 0 19 0 I Paper Mills 12 8 •1. Cordage 12 6 , - ■ son's Cement 0 14 9 . — (TH BRITISH INSURANCE COMPANY. Ie report to bo presented at the anI mcetiuj of the South British Insura Company states that the net prem revenue for the year ended August amounts to_ £656,988 12s. 9d.; interest I rents received and accrued after payit of income, tax on same, £51,928 9b. I After making full provision for losses standing, there is a surplus in the 'erwriting account of £82,346 6s. Bd.; >me .from' interest and rents as above hints to £51,928 9s. Bd., or a total of '.274 16s. 4d. This has been dealt with ihe following manner:—To reserve fund, 000; reduction of company's office preps, £25.000; officers' provident and suinniraiion funds, £5156 10s. Id.; sinking is of leaseholds,' £425,. a total of 581' 10s. Id., leaving available £53,693 3d. : Out of this an interim dividend 2s. 6d. ppr share-was paid in iApril, £25J00i and the directors now recom;d the payment, out of the balance (he profits of the year, of a dividond p. 6d. per share (making tho total dieution. for the . year 6s. per share), |h will absorb £25,000. The balance

from August, 1917, less dividend paid in October, 1917, amounts to £53,508 10e. lid., waking to be carried to tho new account £57,601 17s. 2d. Customs duties collected at the port of Wellington yesterday amounted to £3179 13s. lid. . P. AND 0. STOCK. Australian-New Zealand Cable Association. London, October 1. V. and 0. stocit is quoted at £450.—Aus.N.Z. Cable Assn. AUBTBALIAN PKODTJCE. By Telegraph—Press Associotion-Oopyrliht (Rec; October 2, 11.10 p.m.) Melbourne, • October 2. The wholesale price o£ ilrst-Krade butter has been altered to 1495. *d. v°.c cwt.; retail, Iβ. 6Jd. per pound. Mr. Maseey Greene has announced a possible shortage in the sugar crop, owin; to climatic conditions.