COMMERCIAL ITEMS

Dominion, Volume 12, Issue 114, 7 February 1919, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAPES. . | Y'-f.- ; ;'A;8ale of Golden Bay Cement shares at ':■:■'■';'■ 19b., was made on 'Change yesterday. The /.quotations were as follow:— ■';.'■',■■':' ' ■ ■■ ■ Buyers. Sellere. ■:VA,".»J ; , . . ; .... ,£ s. d. £a. d. ,'■'■•' .Bank Australasia ISS ■ 0 0 — \ ;, National Bank :. 6 12 6 6 15 0 ,'■ ■■: Bank K.Z.(£3 '6s. 8d.)...U 10 0 11 0 0 i!,- Bank N.Z. (£6 13s. «.)-... 18 0 0 - !..;■ Union. Bank. 6110 0. . .— '.■Metropolitan '. U4 0 - - .■..'National Mortgage .-.'." 4 JLO 0 .; .-..•Loan au'd 'Mercantile 96 0 0 ICO 0 0 .;■'■■ -Loanand Mer. (pref.) ...63,-0 0 — t .•K.Z.- and Hiver Plate ... 119.6 - I- v. .•Well. Investment -. '. 010 0 0 10.6 i ,rl7ell. Deposit — 0 8 9 . Ohrißtchurch Gae !.. 6 0 0 - I'■■: ■ Well. Gas- (£10) :.. 10 16 0 - '. ./■Well.' Gae "(pref.) ...'. 0 17 6 - i,-' National Insurance 3 7 6 t ■■"'■', -NiZ. Insurance 11 7 6 — British. Insurance 7 6 0 8 0 0 >'■■ ■ • -N.Z'.'" (Refrigerating .„... 211 6 i-'.-'Meat Exp. (£4 paid) ... 4 0 0 — : ;-:.:. : Meat Eip. (£2 12s. 6d.) ... 2 10 6 - i>. ..\TJnlon Steam.(pref.)• 113/ — y. Burns, Phtlp (£t paid) ... 115 0 - (~,:■'Well. Woollen (prefo ...~412 6 ', V.i Weatport Coal ...., ' 111 6 J -■" Waipa. Colliery — 016 0 ; ..' Leyland-O'Brien (Timber) I' 7 3 - f,.--, Golden Bay : 018 9 019 3 , .'Well. Oorda«o 116 - [■:'.-■'. N.Z.'Fanners , Co-op. (£2). 2 2 6 ■ ■-■. , Inscribed Stock 9617 6 97 5 0 !:■■>■ .•Vμ "Bonds (1938) 9615 0 9/5 0 ■'r-:'.'War Bonds (1950) 97 0 0 98 0 0

\ Wellington' gas" company. VThe annual Toport of tho Wcllingtoi Gae Company stat.es that tho company ha

; : y- made , conoiderablo progress during the T ; - year.. .-There has: been an increase of I-..'23,942,000 .cubic feet : in gas sold. Piftychains of new mains, have been laid; ! ■'β-nd.,two- , hundred■',and one- lievr services -: fixed.. ,0f the more important nas appli--.■■.■■■"■Bncee-Mia-. gas cookers,'l4s bath .lioaiers; ?;, 'and 67 gas coppora have been eokl. The [.'•.'Bales of coke and other residuals exceed i/A-those of any previous year, i ~■:.■ Aβ was. anticipated by. the board in I ..'vj.Taisfng the;-price , .of gas at the end. of :;•.<;.:-1917, there-has-been a very, large increase j'; 'in the past year'sctpendituro. In coal, I •■':'■-.■; :works charges, distribution, f,n<l taxation ;'' "this extra- expenditure has amounted to i., ' .££28,556 15s. 6d., or £5518 135.-10 d. in.escesa j":;-. ■'.■ of the total net profits of 1917. Thin large ["■/ .contingency iiaa been covered by the inr .'"-.: create in tho gaa revenue. f" Tho balance to profit and loS3, including J :• £9434 78. 9d. brought, forward from 1917 i after payment of the December dlvidond, ■' >.-is £47,888 lie. lid.—less payment of prefer- ,'.. -/enco and ihtcrim dividend— £%2i 9s. !{d. i ' This leave's the sura of £38,2(6 2n. 9d., which j?:, it is propoaed to allooate as followo:—To (. ■ depreciation reserve, £3173; to write off }.■' .- property and plant account. £8000; to -.•'••• .tajation reserve. £5000; to pay a further •••.-■ dividend of 2i per ecnl., £5894 10s.; and io •■'■■■" carry forward the balance of £16,198 12s.gd. ; ; ; :Messrs. K. Bcauchamp and .A. K. '- V Pearce retire from tho board by'rotation, >uvand, being eligible, offer -thcnißclves fur j Ve-elcction.- ' ■■-. .iCustome duties collected at the port |V; of Wellington yesterday amounted to ■;■•; -i. £4565 os. 9d. . "