COMMERCIAL ITEMS

Dominion, Volume 13, Issue 173, 17 April 1920, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. . A sale, of-National Bunk'shares, at £6 16b. 6d.. was reported yesterday. The Quotations were as follow:- • Buyers. Roller'-. £ B. d. £ B. (1. Inscribed Stock (1939) ... 95 10 0 - Inscribed Sto»k (W3B) •... 95 10 0 %« n War Bonds (1939) - ■ 95 10 0 Bank Australasia - I*s 0 0 National Bank 616 K. 617 6 Bank New South Wales 36/0 0 - Bank N.Z. (newly paid) . 23' 2 6 „ Bank N.Z. (old paid) ... 22 7 6 . - Union Bank >.... - 13 1« « Goldsbrough Mort 210 3 2,10 9 National Mortgage 6 0 0 6 5 0 Trust and Loan 6 6 0 — Wo'lPT'or' T>»nn»'.t " s 6 National' Insurance 319 0 4 0 6 South British Ins. 911 0 Standard Insurance - 3 6 0 Queensland- Insurance ..376 ' — N.Z. Refrigerating (10s.) 19 3 19 7 N.Z. Refrigerating (pref.) l'O 4> — U.S.S. Pref 112- - Well. Woollen (£4 10s.) ... 9 12 6 - Taupiri, Onal — 0 19 6 Westnort Goal 1 12 6 1 13 0 Westport-Stockton (pref.) 010 0 - Waipa Colliery , — 016 0 tcvland-O'Bricn Timber lin 0 T.iringnmutu Totnia 12 0 0. M. Banks (pref.) - 116 Colonial Sugar (Fiji) ... 20 15 0 - Kirkcaldie and Stains (nref.) ; 10 6 - N.Z. Drug 3. 7 3 — N.Z. Paper Mills ~ H8 6 Sharland and Co. .......... 18 0 19 0 W'.ilrnrapa Farmers (pref.) 1 0 0 - Ward and Co 14 6 15 0 'Wellington Cordage • — 1 1 6 N.Z. INVESTMENT. MORTGAGE AND DEPOSIT CO. The directors' report to be presented at the fourteenth general meeting of shareholders of the New Zealand Investment, Mortgage, and Deposit Co. slates that the not profit on the year's imsinees was £2136 Us. 4d.. to which must be added the sum of £24 14s. 6d., brought forward from laßt year, making a tojal of £2161 ss. lOd. An interim dividend at the rate of 3 per cent, per annum, amounting to £849. was declsred- and paid on October 1, leaving £1312 ss. lOd. to be dealt, with. The directors recommend the payment of a further dividend at the rate ot 3 per cent, per annum (making 6 .nor cent, .for the year), which will absorb £877 155.. 2d,: that £400 be carried to the reserve.fund: and that the balance of £34 10s. Bd. bo carried forward. Messrs. Gerald FiUQerald and John Kirkcaldie • are the directors who retire from the board in accordance with the articles of association, and, being eligible, offer themselves for re-election.' The auditors, Mcssrß. Henry Kerabcr and Son, offer themselves for re-election.

CUSTOMS REVENUE. . Customs revcnuo collected at the port of Wellington yestorday. amounted to £9168 Mb. 7d. VICTORIAN PRODUCE MARKET. (By Telegraph-Press Associatlon-Copyrißht Melbourne, April 16. Hides are quiet! priceß have declined Id. to lid. all round. Produc.—Barley, English, 7* 3d. to 7s. 9d.< Cape, 6s. 2d. to 6s. <id. Oats, Algerian, -milling l ;- ss.- Bd. to ss. 9d.; Teed. sb. 3d. to ss. sd. Potatoes, £8 to £8 ss. per ton. Onions, £12 10s. to £13. BANK OP ENGLAND RATE RAISED. Australian-New Zealand Oablo Association. London, April 15. The Bank of England rato has ' been raised to 7 per cent. i / TIN MARKKT FIRM. . (Rec. April lt>. 8.50 p.m.) London. April 14. The market for tin iB firm, nn smaller offcrincß. and thero is a (rood domahd. LEAD IMPORTS TO BRITAIN, ' (Rec. April 16.-8.50 p.m.) London, April 14. The lead imports for the month wore 13,600 tonß. including 6668 tons from Auctralia. The exports amounted to 7527 tons. TREASURY BILLS RAISED. . (Rec. April 16. 8.50 p.m.) London, April 14. The rato for Treasury bills has been raised to 6S per cent. : EXCHANGE RATES. (Eoc. April 16. 8.50 :i.m.) London, April 14. ratcß on London arc auotod:— i Paris, 65.25 francs to £1; Italy. 85 lire.

TALLOW PB'.OES-DEOLISE. (ttcc. April 16, 8.60 am.) London, April 14. At the tailor/ sales 2124 casta were offered and IC3 sold. Prices declined 7a. per cwt. lor mutton, which, realised lC3s. for finb and %-.. for medium. Beef tallow dropped Is. 6d. per cwt., aelline at S6b. Buyers arc abstaining in the h?pe ol a further reduction. The New Zealand Loan and Mercantile Agency Co.. Ltd.. have received the following cablegram froni their 7-iondon .ho.uso undo/ datr April 14 —We -nnoto present snot values for the followlns descriptions of tallow :~Finc m-tton, £5 25.; eood heef, £5; mixed. £4 11b. 6d. Nominal prices; Small demand. v