COMMERCIAL ITEMS

Dominion, Volume 12, Issue 56, 30 November 1918, Page 10

COMMERCIAL ITEMS

• -INVESTMENT SHARES. A sale of Gear Meat shares (£1 paid) at £6 was reported yesterday. The quotations were as follow:— Buyers. Sellers. „ , , , . £8. d. £s. d. Bank Australasia 120 0 0 — :Na;;anai bank — . 612 6 Bank N.S. Wales 36 5 0 — Bank N.Z. (new) - 1810 0 Equitable Building ...... 9 5 0 — National Mortgage 4 8 0 — N.Z. and River, Plate ... 119 3 — Well. Investment 16 10 6 — v--PH. Trust and Loan ... 5 15 0 — Christchurch Gaß 5.16 0 — VTell. Gas (£10) 11 5 0 1110 0 J% 11 G™. <P re ?-> 017 9 018 0 N.Z. Refrigerating — 2 5 6 Auckland Trams (ord.) 019 0 — IM.rtart-Parker (ord.) .. - 20 3 Union Steam .(pref.) 113 _ w ,? n i °;, De !' Stock m° ° "15 00' Well. Woollen (pref.) ... 416 0 50 0 Weatport Goal 1 10 4 walpa Colliery 0 16 3 — Leyland-O'Brien ... ~ 1 6 6 — N.Z, Paper Mills ..;.,..'..'.'.'. _ 1 2 0 Customs duties collected at..the port of 2s id " yesterd^y amounted to £1762 UNITED INSURANCE COMPANY. The balance-sheet of the United InsurfZi ti l d - fo i' thc year endcd September 30, shows that the net receipts for the year were £168,699 16a. 2d., and the expenditure totalled £102408 os. 6d., of which f n re, f«% r n?V' l,I ? 1 il<:ci<ient IOSBCB accounted lor £66.203 Uβ. 1d.., am\ expense ot. management, eta., for £36,204 6s. 7d., leaving a net balance o£ £66,271 15e. Bd. Thc divi(lend for the year at the rato of 10 per cent, abeorba £14,000, the sum of £5000 is added to the reserve fund, rnaking that fund.£l2s,ooo, and £6000 is added to tho "S* fund, bringing that fund up to £106,000. The directors also recommend a.special distribution of £40000, which is to be applied and made available, to pay a call of £1 per. .share .upon the shares already issued, and which would have the °n1 of »i akl ng the shares paid up to wld ." 8 d mmoUnt . rarriC(l f ° r -

OAIIARTJ WOOLLEN CO. ■ The directors of the -Oamaru Woollen Flctpry Company, Ltd,, for the year ended October 31 state that the net profit for -.tno twelve months amounted to £3607 78. 3d., .and there ivas brought forward from the previous year £4843 125., making available a total of .£8450 19s. 3d. The dividend for the year at the rate of 8 per .cent, on all shares, and 2 .per cent, bonus on ordinary shares, absorbs £3198 16a led and the sum of £1000 is transferred to ■fe rc n ßer ™ fnml. leaving a balance of £4252 2s. sd. to bo carried forward. The company nan invested £2000 in New "Zealand Government 4J per cent. War Honda. Good - progrcsß has been made with tho removal operations nescssitated by the erosion of the sea, and a large portion of the machinery has been working satisfactorily in the new building for "several months. VICTORIAN PBODUCE. Ey Telecroph-Pr-'s? Assnciation-CopyriKht Melbourne, November I'). Barley, Chevalier, 6s. to 6s. 6d. ; Cape, 4s. to 4n. <!d. Oats, Algerian, 4s. 2d. Potatoes. £8 10s. to £9 10s. Onions, £11 to A cloth-manufacturing firm received a letter from a customer complaining that some material had been received full of moths. By return post went a missive to this effect: "On looking over your order wo find that you did not order any moths. It was our error, and you will please return them at once at our expense,"