COMMERCIAL ITEMS

Dominion, Volume 14, Issue 29, 29 October 1920, Page 10

COMMERCIAL ITEMS

CUSTOMS REVENUE. Customs revenue collected at the wt of Wellington yesterday totalled £7583 Us, lOd. N.Z. AND AUSTRALIAN LAND CO. Australian-New Zealand Cable Association, London, October' 26. The New Zealand and Australian Land Company pays a, final dividend of 5 nor cent, on ordinary; stock. EXCHANGE BATES. Australian-New Zttbrid Oable Association. London, Octobcr 25. Foreign rates of exchange on London are quoted as follow Paris, 53.E0 franca to £1: Stockholm, 17.74 Itroner; Ohristiania. 23.17 kroner: New York, 3.47 dollars; Montreal, 3.84 dollars Calcutta, 19Jd. to rupee; Yokohama, 33d. to yen. ' DROP IN TALLOW PRICES. Australian-New Zealand Oable Association. (Rec, October 28, 7.30 p.m.) London, October 27. At the tallow sales 22J9 caßks were fered and 564 were sold. Prices were easier all round. Mutton, fine, 745. per cwt,; medium, 655,; beef, fine, S3s ; medium, 64b. ,

The New Zealand Loan and Mercantile Agency Company, Limited, have receivad the following cablegram from their London house, under, dato October 27. 1920:"Tallow: We cufltc Dresent Rpot values for tlio following descriptions i-Fii'" mutton. £3 15s. per cwt.; good beef, £3 12s. p(<r cw t.: mixed, £3 os. 6d. per. cwt. Small demand."

SOUTH BRITISH INSURANCE COMPANY. Hy TelcErarh--^^* 1 - A o soontiou Auckland, Octobcr 28. At an extraordinary meeting of the South British Insurance Company, a proposal to increase the directors remuneration from £2900 to £4000, divided among seven, was rejected by the Bhareholder», an tho necessary thrcc-fourthß majority was not obtained. The articles of M?ooiation were amended to divide the existing shares of £5 into shares of £1 each.

AUSTRALIAN PRODUCE MARKETS. (By Telegraph-Press Assoc'.ation-Copyrlifht (licc. October 28, 11.35 p.m.) Sydney, October 28. Oats, Algerian feeding, 3s. 4d. to 3s. 6d. per bushel; willing, 3b. 6d. to 3s. 9d.; wills, 4(1. to ss. Maize, 7b. 3d. to 7a. 9d. Potatoes,, new, £12 per ton; old, £7 to £10. Onions. SilversUins, £14 to £15; Spanish, £25; American, £30. Adelaide, October 28. Oats, nominal, 3s. to 3e. fid, per bushel.

INVESTMENT SHARES. Yesterday's miotatlone for investment, shares were aa follow i— Buyers. Sellers. £ b. d. ft 5. it War Bonds, '.939 — 95 0 0 War Bondii, ;9o8 — 92 17 6 Bank Australasia — 91 0 0 National .Dank 6 4 6 6 7 0 Bank N.Z - 25 15 0 Union Bank — 1217 6 Hiver Plato — 10 6 Trust and Loan — 6 6 0 Well. Deposit* 0 9 0 — WcUinetoii Ga< (£10) T - „ 10 1 0 National Insurance J 8 0 3 10 0 N.Z. Insurance — 17 9 South Britifli Insurance — 9 0 0 If.Z. BefriEcrating (10s.) — 13 0 Gear Meat „ — . ! j J Huridart-Parkor (ord.) .... 2 9 9 2 10 i U.S.S, On. 'prof.) 10 3 - P. and O. Stock ... — • 415 0 0 Hikurangi Coal — 016 6 Westport Coal ..' — 110 6 Waina Colliery — 0 15 6 C. M. Banks ;<mm.) 16 6 — Crown Brewery — 115 6 ff.7,. Dental 16 6 - Jf.Z. DriiE - . J 7 0 N.Z. Pane' 1 Mills , - 1 » 9 Parenga. Kauri Oils — • 16 9 W<iir. Fanners' (nref.) ... — 1 0 0 Wilqon'i» Pontont ' 0 16 o Leyland-O'Bricn — 117 '6