COMMERCIAL ITEMS

Dominion, Volume 12, Issue 301, 16 September 1919, Page 8

COMMERCIAL ITEMS

'' INVESTMENT SHAKES. ' A sale of Huddart-Parkev ordinary shares at 49a. was made on 'Change, and a sale of Bank, of New Zealand shares (£3 6s. Bd.) at £15 was reported. The quotations: were as under:- . ' Buyers. Sellers. " £s. d. .'. £s. d. National Bank - . : « w . J Bank N.Z. (£6 13s. 4d.) - ■ » \ « Union Bank 59 15 0 60 10 0 Equitable Building ' . 77. .Well. Investment 0 10 6 Oil 0 .Well. Gas- .'. • - » W « National Insurance '. — J ,? , N.Z. Insurance — .115 3 S. British Insurance 0 9 3 — N.Z. llefrigcrnting — 4 10 6 ■Meat Export (525. 6(1.) .... 3 6 6 ■ - .Hnddart-Parker 2 8 9 2 9 3 P. and- 0.- Def. Stock ... - 600 0 0 Well. Woollen (pref.) ... — o 12 6 Westport Coal 16 0 - lVvlr.nd-O'Unen Timber 18 0 N.Z. Paper Mills 19 6 — SbaTland 1 11 6 — Ward and Co. 5 5 0 - n Wellington Cordage — 1 J 0 Wilson'B Cement 016 3 016 6 ■■GOLDEN BAY CEMENT CO. v The directors of the Golden Bay Cement Co, in their twelfth annual report, atato that "the past year has been marked by several disturbing facllors—notably "the .influenza epidemic, also irregularity in coal supplies and shipping-which have | materially interfered with the company b business! Your 'directors are "[pleased, how•'ever-; tdrsay. that they look forward.to a •much improved demand when more labour Visravallable .in the country, and the vast amount of work at present held up and in .contemplation can bo set going. After providing.for depreciation, the amount to credits of profit and loss account, including the -balance brought forward from

last year is. £6519 7s. Id, Rates and taxes paid durlner tho ycir amounted to £3093. Having in view tho still rising coßts of labour and of materials required in manufacture, your directors do not recommend that'a dividend bo paid this year out ,of tho present undivided profits, being satisfied that it i 6 to the ultimate advantage of shareholders that the company's financial resources should be conserved. Tho company's .plant lias been maintained in thoroughly good order and condition, and is ready to bo driven to Ub full capacity when conditions become more favourable." Captain M'Arthur and Dr. C. P. Knight retiring directors, offer themselves for rejection. Tho TDtirinc auditors, Messrs. E. Bucholz and D. K. Henzies, also seek rc-clcction. onSTOMS REVENUE. Customs revenue collected at tha port of Wellington yesterday amounted to £7017 15s. lid.