COMMERCIAL ITEMS

Dominion, Volume 13, Issue 62, 6 December 1919, Page 14

COMMERCIAL ITEMS

INVESTMENT SHAKES. Yesterday's quotations (or investment (hares wero as follow—

OUvSTOUS REVENUE. Customs revenue collected at the port of Wellington yesterday amounted fo £%10 38. 10(1.

LONDON WOOL SALES. Messrs. Murray. Roberts and Co.. Ltd.. have received the following cablejram from their London agciilii, Messrs. .Sanderson. Murray and Co., dated December I:—The wool sales havo opened; crossbred (coarse) declined 5 per cent.; crossbred, modium and fine, market firm.

Messrs. Dalgety ar.d Company, Ltd., are in receipt of tho following cablegram from their London house, dated December 1:— Wool: The attendance of buyers :it the sale is large, and competition animated, with an average selection, Merinos generally are from par to 5 per cent, higher. Fine medium crossbred unchanged. All crossbreds are very firm, and prices are unchanged except for coarse, dingy and cottcd crossbreds, wkicli arc 5 r.cr cent, lower compared with last sale's closing rates.

Tallow: There will bo no public sales lield this week. There are no buyei'B at tho moment.

QUEENSLAND INSIJ.UA.XCE COMPANY. The animal report of the Queensland Insurance Company, Ltd., states tha.t the revenue account shows that tho year's operations have resulted in a profit of £45,182 ss. 7d., after transferring £75,000 to reserve fund, leaving, with Uio balance of £3112 ss. 9d. carried forward from last year, an amount to the credit of revenue account of £48,254 Us. 4<1., which tho directors propoeo to appropriate as follows: —To payment of 10 per cent, dividend on Hie capital of tho company, £35,000; to payment of SJ per cent, bonus on the capital of tho coinpany, £8750; to balaneo carried forward, '£4544 Us. 4d.; total. £48,294 Us. 4d. Two vacancies are caused .m the board of directors by the retirement of Mr. P. G. lilac!: and the lion. Thomas Waddcll, M.L.C., both of whom offer themselves for re-election, and havo given the required notice. No other nominations have been received. The auditor of tho company, Mr. A. 31. Ilarwood. F.0.P.A., retires in accordai'.co ivilli tho articles of association, but ofl'crß himself for re-election.

AUCKLAND TRAMWAYS CO. DIVIDEND. London, December 2. Tho Auckland Klontria Tramways Company reports a divisible profit of £41.276. Jt is proposed that tho dividend for tho year should be Is. per share, and that the sum to bo carried forward be £9776. VICTORIAN PRODUCE PRICES. Australian-New Zealand Cable Association. Molbourno, Decemcbr 5. Barley, English, malting, 6s. to 6s. 3d, per bushel; Cape, sb. Id. to 6s. id. Oats, Algerian, milling, ss. lCd. to 65.; feed, ss. 6d. to ss. 9d. Potatoes. £13 to £20 petton. Onionß, £8 to £3 10s. per ton. HIDES MARKET. (By Telegraph-Press Association-Copyright Melbourne, December 4. Thero is a limited ottering of hides submitted for competition. Firm prices rule, but at unchanged rates.

Buyers. Sellers .€ a. d. £ a. (1. National Bank 6 12 0 — Iia.uk N.S.W. (ex rights) — 3510 0 Bank N.S.W. -(rights) .... 12 5 0 - Bank N.Z. (£5 6s. 8d.) ... - 15 0 0 Union Bank 13 2 0 13 5 0 Loan and Mercantile ... — 12D 0 0 Abraham and Williams 5 2 6 — Standard Insurance 2 19 6 — N./i. Kcfriscrntii'.* (10s.) 1 4 (I 14 3 Huddart-Parkcr lord.) ..2 8 3 2 9.0 U.B.8. Co. (proU 110 ]' and 0. Dof. «,tock — CM 0 0 Kaiupoi Woollen — 9 9 0 Wcstport Goal — 1 11 2 Waipa, Colliery — 015 0 Kauri Timber 017 o — lirvliind-O'liricn Timber 17 6 — Colonial Sugar 20 7 6 — l'apor Mills 1 10 0 Khurhiid and Co 1 14 6 — " i :r:t in Corrtasfo — 116 IV ils'Mi Cement 0 15 6 0 15 10 Inscribed Ktock 95 0 0 — 5 p.c. I'.O. Honda 98 0 0 -