FINANCE AND COMMERCE.

Dominion, Volume 1, Issue 242, 6 July 1908, Page 10

FINANCE AND COMMERCE.

" THE SHARE MARKET. . There 7 .ivas the usual dullness in investment shares on Saturday, and no business was reported. Thero were very few quotations; still there was a fair, number of ..buying orders. In. bank shares there Was inquiry'for Bantof New South Wales shares at 444 10b., with sellers at 445 10s.; Bank 1 of New Zealand, sellers 49,65. ex. dividend; National Banks, 'buyers. 45 ss. 6d. Othl*r quotations were:—Standard Insurance, sellers 225. 3d.; Wellington Investment, sellers- 12s. 3d.; Wellington; Deposit', buyers . 9s. ; Christchurcli Gas, buyers 49 17 s. ,6(1., sellers J2lO 2s> Gd.; l'eilding Gas, sellers 205.; Hokitika Gas,, buyers>£s,los., sellers 45. 15s. ;- Wellington . Meat Export, third issue, 'sellers .£3 55.; New."Zealand Shipping, buyers' 46;' Wellington Woollen, : buyers 43 75.; West-, port Coal, sellers .46 18s.; New Zealand' Drug, buyers-42 10s. Gd.v sellers £2 lis. 9d.

' TTIE JlfK'fNG; MARKET. ' : There was. very -littlo. business,, done in this market, on Saturday, Talismans- sold at 455.' Sd., arid Waihis _at 49'. 1a.,, and , both stocks look good value at the prices. Tlie quotations were, as under:—,

• H : B.u'ye'rs.' Sellers. Sales.. 4s.'d. .4s. d. 4s. il. Talisman ... "... 2 5 0 2 6.0,2.5 9 Waihi ... ...' '9 0 0 ' 9" 2 0 9' 10 ,Big River ... 1 4 G 16 0* — ; ICuranui Caledonian 0 0.9 0 1 0-.— N'.Z. Crown ! ... ... 0 6 0 0 6 3 May Queen ... ... 0 111 — ■ Tairua-Broken Hills 0 ; 2 10 / 0 3 0 r —' Tangiaro 0 15' 0.1 .7. — Keep it Dark ■ O .'l/6 ;; .C Blackwator Mines ... 019 6 1 0-3; ' —' . ; ' ' THE' MONEY MARKET. ■ '; " The European, money markets .are in.an extremely easy condition,, and in London in particular riioney is in abundant supply, with tho discount rate for finetrade,paper, at 41:35. 9d. i per cent. iThere was last week , heavy borrowing from the Bank'of England,' the other securities having advanced from 430,023,000 to 436,348,000. The effect -of tho approaching harvest on the money markets must bo carefully: noted; It is anticipated that, there will be, a big outturn- of cereals in the United States, and from : most-'of , the ,pM : during countries ~a good yield is ant'eipated;, Am'cnca will have a-larger quantity of . breadstuffs for . sale, !but/the. demand is not likely be quite so good'as in'the past season, because of the increased. production in..other, localities, and prices, therefore, are not' likely to rulo. high. There-may be some slight stringency in September and October.in,the..United States,. and extreme trado * 'depression ' may' 'bo experienced, because the course of liquidation is-not, yet''complete/ and there is the Presidential'.election,, which'.is always a-dis-turbing factor. . So far as New Zealand is concerned, money !s likely to ,be in short supply during July, August, and September, but if the London vool sales show any tendency, to improve, con-. . idenije will be restored, and business may bo : tetter than ,we expect. At present thero'.is a; .(tightness'in'the money market, .and dullness Su trade.. THE WHITE METAL. i " ' The price. of silver ought to improve through the consumptive demandy that. is...certain- to' arise owing to the new Mint Act. of Germany, which is to be put in operafion .presently.- . According to this increase the - future" 'amount of subsidiary .coins is fixed at 20 marks per inhabitant, wliilo the present circualtion of such mediums of exchange ■is limited to 15 marks: That '.means a- new> is«uo of. subsidiary coins of 5 marks per head for 60,000,000 people, or a new coinage of'about. 300,000,000 marks in token money. As tlie silver content* 'of tho .mark piece are • fixed• at .5 grammes,■ and , the >renielting" of. ,the bid - "thaler". coin will yield only somo 500,000 .kilos of fine silver, tlie Government, vill have to.purchase, l l,o6o,ooU kilos of this" metal, or, say, 32,000,000 of. ol fine silver. The face value of theso additional coins is 415,000,000,. whilst the' market value of the silver contained therin is only 45,450,0N), so that the Empire's benefit from, the new 1 coinage will be 49,550,000 on tho basis 'of to-day's value for the .metal. The financing of the silver purchases does not require • important funds, as .the new coins;'it'is .'Said, ' can be put.,; into circulation immediatoly: . Whilst Great : Britain',hns only.the. ono. establishment for coining ' silver—tho Royal Mint in London—the German Empire-;can employ, for that purpose -six- well l , organised •mints. On the assumption that tho six concerns in the- aggregate can turn out 1,000,C00. piece's daily, the issue of tho total new coinage'will occupy practically twelve months. This'.'.will entail montly-deliveries of '4,000,OOOoz". of fine' silver to the mints, of which GO per cent, has to-be purchased. Whether tho acquisition of this quantity will be spread over the year, or whether the Germn Government will'contract for tho lot at once, delivery, to be made at regular intervals,' has - not yet ' been disclosed. The magnitude of the. transaction,, however conducted, cannot fail to have'a beneficial effect on the silver market, and it is just possible that an upward movement in tho white metal may induce American or other prospective buyers to luy in a stock for future requirements. - :• • i A SALT PROCESS. Consumers of salt will be interested to learn that a new process of manufacture has just been demonstrated ,at St. Helen's, Lancashire. Thereby it is claimed that tfio commonest and dirtiest rock salt can bo converted into a crystalline white salt of great purity at a considerable Saving on the old system both in time and cost of production:' By the existing method of-brine- evaporation it-is-stated the length of..time required for>certain grades of salt is about three weeks, whereas by tho new process the finished article in all grades, whether table, fishery, curing or' butter 'salt,; can, it is stated, be produced/'ready for the market in 48 hours. In addition to the savins

WELLINGTON SHARE LIST

in.-timo, a' great "economy is effected by the uso:of the process in question, one ton of. slack coal producing 15 tons.of puro salt, whereas by the ordinary methods only two tons of white salt, it is alleged, ir« produced by the sEime' rimolint' of " coalr'"A" fcttnrt of tho new fait, apart from its exception*! purity, it is claimed,", is, that,'(being composed of firo crystals, - it''is- anhydrous", and, therefore, does not cake when exposed to tho atmosphere, and ii extrem.olX-SIPW- in absorbing moisture, making it especially suitable for export'to humid climates. Por the same reason it is predicted .that it ,iyiUUiave field in the 1 fishery and curing, trades, owing to. its property of retaining tlie crystalline form under damp conditions. ,The new salt; is shortly to be produced in ; a commercial form at Barrow-in-Furness, where'.the ereetion'tif an extonsivo plant is contemplated. .-■/ » • ' " ■ . ROYAL MAIL STEAM. ■ ■ The accounts of. the Royal Mail Steam Packet Company" for'tho'twelva'ihonths ended Decent,ber 31 show that- the year's working has resulted in,a profit',of '4333.134, as eompured with 4285,575 in "1906.' The directors have written off .£185,889 for depreciation, as compared with .£168,989 in the previous year, and recommend tho payment of a .'dividend' of 2i per cent, on tlie ordinary shares," as against no distribution in 1908. iTho.papitnl of tho compuny stands al 41,500,000 as compared with 41,498,330 a year ago; debentures are 4373,401, ajuinat .£500,OCO; "BKr.inst 4371.!M0; creditors arid sundry balances at 4452,087 against ■ 4378,720.'■'On" tho other side of th» account 'the fleet stands at 43,096,245. against 42,6-11,913; and cash and bills' * refoifablo '.amount to 4358,550, : against 4108,8G5. Tho company's agreement 'witli- the : Orient Company expires in May next, but the report ■ states ; that tlie directors, intend to 'conserve their interests in the Australian trade. It .is further stated that the very favourable impression mado by, their new steamer Astnrias will facilitate theirorganisation in this ■ direction. ? ; NOTES. The population of Japan at tho close of last year "was estimated at 48,864,010, and showed an increase of 1,100,000 in two years. form ,bLpolicyldevi?ed for the protection of accountants 'is -now - being issued by the United London" and"Stiottish Insurance,; Company, Ltd."'' 'It' insures against.! r'esporisibility for error, cominitted by. the principals of the firm or the clerks it employs. ■

>! -The '.--New <York Life .has revised its rates on hazardous' risks." On"actors arid actresses* an advance in rate of five years is made; army officers,"eight' years; professional baseball play, ers;. seven,.years; electricians, five, years; firemen,, five years; labourers, five'j'ears;-saloon-keepers who regularly attend bari bar-tenders, and brewery drivers and employees, twelve years; working miners, sixteen years; and on theatrical .employees, five years.

; Th'o report of the Atlas Assurance Company for 1907 stated that 'the net firo premiums were .£1,029,446,'', and the losses iMG8,514. The profit was J8150.881, and the fire fund, after carrying .£48,351. to profit; hnd loss,. was increased by .£137,29 G. Then ' there wero the accident and life branches. The total funds are • .£2j808;887, »in- addition to tlio paid-up capital., of, ~£264,000.. ...Thjs is the company's ;centenar};Jyea;\' -i:.?.:-.,.

The dividend on Suez Canal shares for tho past'yea'r'has.bien fixed'at 28.2 per cent, net, which was'practically, the same as for- the previous, year, canal remains the property, ,of ~the until 1968, when it 'reverts'.' 'lJgyp'tian ' Government. But that , is' sixty years, hencej'~.and much may hap. gen in.that time.; - i ; _

...-The -quantity, .of./Australian.!wine imported into the United' 'Kingdom, after falling off last year, shows a partial recovery this year, the total for the tour months, January to April inclusive, being 291,929 gallons, against ■234,382 gallons' !.'for.*'tli'o period of *1907; and 335,729 gallons for the corresponding period-of 1906.. Deliveries for Home .consumption,' Have ..shoivirtess irregularity, the total .'being 279,297' gallons in .1908, against 295 ; ,13i gallons in-1907, and 286,436 gallons in 1906...f0r .the. four...months. . •

[Argentina has. adopted a stringent law with respect to tho sale of'proprietary medicines, whether prepared in the country or imported. " Secret , remedies" ' are: prohibited. , But tho Department .of .iPublio: Health, on receipt, of a sufficient quantity oftho preparation for analysis, with a statement of the drugs used and their quantities, together with a short summary-of• the objects-to bo attained, may grant a license, and only upon that anthority can the goods be offered to the public. But the law goes " further. - Labels and advertisements used in connection with tho sale of tho medicines'in question must bo authorised by the Public Health Department, and the name and address of the maker must be stated thereon, as well- (is the directions for use. Probably the censorship of advertisements will be the, greatest trouble of all.

EXTRACTS FROM . THE "NEW /EAT.A NT) MINES RECORD."

• The . ne& ''profits on,',tho State Coal-mines for tho last financial year amounted to ,£8«0 Bsl 3d;

The Ben Nevis Sluicing Company, which was registered in March, 1907, obtained 30.50z. 13dwt. .17gr.' ..of 'gold; .value J3llBB 3s. 3d., up to Decomber 31. •,

Up to the end of 1007 the mineral production of Now South Wales was Tho value of tho output for 1907 ,vas -£10,577,378 '_ an increase/ as compared with 1906, of je2.407.75i.

Tho pig-iron production of tho United States for 1907 is stated at 25,781,361 tons, as compared with 25,308,191 tons in 190 G. Tho Canadian production was 581,116 tons in 1307, against 541,957 tons in 190 G.

What is claimed to be the first electrical furnace for the production of steel in Belgium is approaching completion at the works of the Societo des Aciories Liegeoises,' atßrcssoux. It is of. the Ivjellin-Reochling typo.

During last year wolfram-mining 'on tho Hodgkinson field, Queensland, gavo employment to 550 men. The total valuo of minerals won was ,£88,710, an increase of ,£30,231 over that of 1906.

During the first quarter of the year 1908, 1,680,391 tons of coal, valued at JC82G,465, woro exported from Now South Wales to Australasian and other ports.

Tho balance-sheet of tho Denniston Collieries Medical and Accident Relief Fund shows tlmt .£39 was paid to twenty-seven members during tho quarter ending March 31. . Tho balance to credit of the fund at that dato was .£3635 13s. 4d.

The Government has approved of tho recommendation of tho Consulting Engineer for Stato Coal-mines for the purchase of another eggette-machine at a cost of ,£SOO. Tho labour in connection with manufacturing eggottcs costs about one-ball' of what it does to make an equal tonnage of briquottos, and there is a' ready sale for the eggcttes, as they aro more suitable for tho railways and for household fuel,' and the froiglit is Is. per ton less.

Tho Undaunted Gold-mining Company, Matakanui, Otago, which was registered on March 1, 189S, obtained 9020'0z. of gold, valuo ,£35,234, up to March 31, 1903, and paid .£13,125 in dividends. There has been .£15,000 actually called up of tho company's ,£20,000 nominal capital, and the total expenditure has been ,£21,153. The yield last financial year was 4-71oz. Bdwt. 19gr.; valuo, .£1913 lis. 4d. According to the roturns furnished to tho Inspectors of Mines, tho following dividend;; have beon paid by seven of tho principal quartz-mining companies in this Dominion up to December 31, 1907:— Company. Year 1907. Total. £ s. d, £ s. d. Waihi 396,725 12 . 0 2,693,273 13 . 6 Talisman 7< f >,ooo 0 0 165,000 0 0 Crown Mines ... 70.000 0 0 Komatn Reefs .... 26,666 13 i Waiotahi ."... "117,000 0 '0 391,800 0 0 Kc-ep-it-Dark 3,000 0 0 157,666 13 4 Progress Mines ... 34,375 0 0 295,625 0 0 Totals 626,100 12 0 3,800,032 0 2 MINING NEWS. DREDGING RETURNS. (by, telegram—mess association.) Diinedin, July 5. Dredging roturns: Golden Gem, 230z. Sdwt.; Enterprise, 20oz. 4dwt.; Waikaka Queen, 13oz. 12dwt.; 'Charlton -Crook, 13oz. 3dwt. The Customs re-Tenue and beer duty collected nt Wellington last week were .£17,719 6s. and JS2OS 4s. respectively. Tho corresponding figures for the same week of 1907 woreßovemio ,£22,158 ss. 9d., and beer duty ;£3ot. Tho rovenue collected on Saturday was—£lß93 ss. 5d., while tho same day of last, year yiolded JJ73SO 15s. lOd. W AIR Alt APA WOOL CLIPS. SOME RETURNS.Following aro the London market roturns of some of the Wairarapa woll clips (all in grease) sold at the May sales: —MM, Waituna —Crossbred 51d. Riverside—Crossbred ( fine hojgets Ski., sld. To Koto—First lambs 6d., mixed do. s}d., first pieces 4}d. SHR., Mt. Baker—Crossbred lambs 4Jd., 4Jd. Flag Creek —Crossbred hoggets 6d., - crossbred 5Jd., 5d., crossbred hogjets damaged 5d., Southdown 7d., crossbred "pieces and berries 4-ld., crossbred lambs 5Jd., lambs and pieces 4Jd. Riversbend—Fine crossbred 6d., do. damaged sjd., 4}d., lambs 4id., hoggets 4Jd. P, 'lividaleFine crossbred hoggets 7d., fine crossbred 6d., crossbred Cd., crossbred lambs 4jd. R, Cavelands—Crossbred hoggets cbg GJd., 6d., crossbred lambs 5Jd., pieces 4d. HJ, Wangaehu— Crossbred hoggets cbg G1 d., 4jd., crossbred cbg 6d., 5d., .lambs 5d., pieces 3Jd., bellies 4d., locks- 2d. ' Puketiri—Halfbrcd mer. ■ cbj BJd., threequarter-bred do. hoggets Bd., linlfbred cbg hoggets 7d., threequarter-bred hoggets cbg 6}d., hoggets crossbred 5Jd., Romney 5Jd., crossbred cbg pb Lincoln 51d., Southdown 6d., damaged--5d., bellies. 3Jd., do. damaged 3Jd„ locks 2id. L and FP—Hoggets cross cbg s{d., sjd., mixed 3)jd. JAT—Crossbred cbg sd. CFW—Crossbred lambs Gjd. D. M'L, Opaki—Crossbred cbg 5d., 4jd., lambs crossbred fld. Clarerillo TR—Crossbred 5d., lambs sjd. J, Matarawa—Crossbred 5}d.,-' lambs 6}d. W M'L— Fine crossbred hoggets 7{d., 6Jd., crossbred 6Jd., Lincoln 6d;, sjd., Romney s|d., Lincoln pb Romney 5Jd., crossbred first pieces 4Jd., bellies 4Jd., std' pieces- 3UI. Woodlands, D M'K—Crossbred H mixed .53d., 4Jd., damaged 5d., bellies and pieces 3Jd>, bellies 3}d. ICaikuri, MB—Crossbred A 6d., crossbred C pb blk 5Jd. Leavensden—Crossbred s}d., bellies 3Jd., lambs 4Jd. Bank View—Crossbred lambs Sjd.; pb lambs 4jd. . ... LIVE STOCK SALES.. Messrs. Daljjety and Co., -Ltd., report haying held their, Ekotahuna salo on Friday, Jniy 3. A fair yarding of sheep was in, but no cattle. Bidding was fairly brisk, and tho firm sold every lino but 35 lambs. They quote: 2-tooth wethers, to 12s. Id.; maiden ewes and wethers, to lis. Id.; ewes in lamb, 10s. 3d. to lis. lid.; lambs, Gs. to 7s. 4d.; cull lambs, 4s. lid. to 6s.

Messrs. A. H. Atkinson and Company, Ltd., report;—On Friday at our weekly sale we had a small entry of pips of good quality and an average entry of poultry and produce. Tho supply of pigs by no means met the demand. The demand for poultry ' was keen. QuotationsHorses—Aged gelding, .£1 2s. Gd.; phaeton and horses, .£27 10s. . Pigs—Weaners, Gs., Vs. Gd., Bs.; small stores, 13s. 6d.; porkers, Z6s. Gd., 28s. Poultry—Hens, Is. 5d., Is. 7d., Is. Bd., Is. 1 lid.; roosters, Is. 7d., Is. 9d., 25., 35., 45.; turkeys, small, 1 3s. Gd.; ducks, 2s. Gd.; all at each. Produce—Potatoes, 95., 10s., lis. Gd., 125.; onions, ljd. to'ljd. per lb.,' pumpkins, Gs. 3d. sack; carrots, Is. Gd. 351b. bag; factory bacon, BJd. per lb.

COMPANI. ■ : : Capital F®,» || i ■ : . . / ■■ . . Paid Dp. Balanco pai Koiior 1,181 In70st0r - •v • . ; Forward, - g Buyer. Sollor. g ft | c> . ' BANKS. v £. '' - £\' £ " £ ■£ i s. d. £ 'u. d. X b. d. £ s. a. Neyr Zealand ... , ... ". w ... 2,000,000 501,097 -.i- ' si "lO 0 3 0 0 : 6 0 0 0.0 314 1 National ... ... ... ... „ 375,000 835«8' : g' !»': 12 5 i.-'l 7KI* 6 5 6 0 «« 3 INSURANCE. - :/ • g»«°n«i, ». '-it «. ,100.000 249,339 i unltd, 15' *117 0 Kew Zealand ... ... ... 300,000 396,674 •§ or i 30 '315 0 3 16 0; 3 15.6 5 6 0 • fcouth British ... «. ... ...: 100,000 • 432,240 i. V. .4}' - -30-' 215 0 .2 15 0 5 10 7 - Standard ... ... ... ... . 75,000 .08,366 J ai 10 110 ,1 2 3 12 3 FINANCIAL. ■" *"" '' ' Equitable BuildlnB ... fO.OOO £0,742 .« 0 10 10 0 0 10' 2 6 10 2 6 4 19 0 Metropolitan Building / ... ... £0,742 5.6S8 ™ nil 7 Wellington Invest- ... ' 50,000 3,033 . j -• 6 1. 0.11 ,3 0 12 3 012 3 5 0 0 . Wellington Trust and Loan ... 101,250 44,334' n ■••5 • g- jJ-.-6.0- >7 7 6 7 11.6 6 6 2 National Mortgage ... ... ... £00,000 127,746 "n ' '8" -10 ' 2 10"0 "SO 0 3 0 0 6 13 4. ., N.Z. and Eiver Plato ■ ... ... 300,000 252,000 J nil 8 1 11 6 1 12 0 1 11 0 4 8 11 . l/oaa and Mercantile. m , ... 135,223 315,133, 6$ ;-"5''£ '■ P-.. 1 *J''0 4 0 12 10 0 . CAS. • . ..- ; , . r . . .'-./.'Auckland ... ... w ... JE0.370 ES.463-- :; s • nil' 16 • Ohnstchurch ...'. 160,000-- 70,018 5 nil 10 917'6 -10-2:6 10 0/0 5 0 0 Feilding ... ... ... ... ... 12,000 .. . ■ 93D 1 nil ... 019 0 luB.-O 019 6 Glsborne- ... ... ... .. .... 10,565 1 nil 135 , 2 12 - 6 2 10 0 5 10 0 Hawera ... ... ... '•"' 8,250 694 3 i 10 ' " *" •Now.Plymouth .../'■/...'. ... . 18,000 3,159- 5 nil 10 ftapier ... ... ... ... v ■•':'■•• 10 nil 15 .."'ly-. .. ... ... ... . ... ... f -49,957 ' 23,184 5 5 15 3 3 6 ' Palmerston. North! ; : < 27,000 11,093 1 4 } - 10 t.Wellington . ... I msjoX n jag" 10 r ' nil..V -10 MX*. 'i9:i0 0 19. 7 6 ,5 3 3 » ...- .» .» f - 5; -■ S:; 10/ ' M10-Oj, ( • -. HEAT. . .. _ V Canterbury . .... .„ ... - "■ 183,727 .: v S2.6S6. - 7 J ' 25.' :.8 .. . 8 .0 0 Ohristchurch :... 165,020 - •'' 77,642 - .10 nil - 8 -10 0., 0. 10 0 0 10 0 714 7 Gear ... ... ... .... ... ... 1 rom, «« 1 nil 12)8 0 0 210 0 2 9 0 5 20 , „ „ ■: ... ... ... 1 4 .. 6 12! 915, 0 10 0 0 •Wellington Meat Eiport ) •' - 5 • nil 8 1 -" ' •'■ -612 6 ■ . „ „ .'. ... r 105,766 - 53,767 : 4 1 S "5-2 0 . . ,1 ... ... .... ... 1 ... / ■ - v 1 . i'"'-' '-2§ '■ - £3' '*3■■ 5 .0 • -.to/anganui ,. „ ... '... 45,850 10.315 5- nil 8 transport ■ iH'-i i . '■ :: W. and M. Kailway ... _. -170,000 121,452 1 4 7 2"7 6* 3 *9 0 2 9 0 2 17 2 , N.Z. Shipping - 473,840- -110,760- .j nil- --5 -6-0.0. 620 6 00 6 13 4 Onion Steam ;.. ... ... "... £00,000 - 3til,917 .1 nil 05 1 14 9 1 15 6 .1 14 '9. 5 9 3 ' ,Wgtu. fciteam Ferry ... . ... .46,250 / S 1 ,iii 6 . 017 C coal. .. ffestport .. ... 250,000 117,215 3) ,/jJ, k}' 616 .0 6 13 0 6 18 C 6 7 0 1'aupiri ... ■ ... ... '... ... . 1:5.000, . '5.3S9 1 ' ,' n ii , 0. T j 1 0 0 , 0 19 6 7 11 0 woollen. Kaiapol ... ... ... ... '...' 1C0.0C0' *£2,851 5 nil 6i - . \ Jlosgiel ... ... ... • ... 83.457- 17,212 31 14 4 ' x 1 3 1', 0 412 0 : Wellington ... _ IftflSS i 1 6 3 70 3 9 6 3 7 0 733 MISCELLANEOUS. ' ' ' Ponagliy Hope / ■ ... ' . w. ! .53,500 . 331 1 / 'nil-. 6 1--3 0 -.--1 4 0 . Leyland and O'Brien, . 35,000 , £7,761 , ; 1. ,. nil 15 ,2 ,6' , 2/ 3 0 2 3 0 .7 0 0 : iiauriccvillo Lime... .7,000 -Ok? 1' ■ nil 8 -. ' N.Z. Candlo .... 10,000 / 676' 10.'■•'■nil 8 • "'•' WiZi brags ; . soo.ooo, : , ro,7so,v % ., „ii 7 510 6 211 9 211 0 6 s e . ' N.Z. Paper Jlilla'', . 1.583' ,1' ;..uil 7 .,-1 10 13 3,130 , N.Z. Cement ' ' 40,COO- - 2,048- --l---nil ... -fS-O- — • 'Manning'.obd Oo. ... '.6,000 £7,670 4 1 10 'S'lB"0'i'"" 3 16 6 10 9 1 Ward, and. Co. ... ... UWOO;. - c0,£55 .,4 -.1 10 ..l-i IS 0 5 0 0 4 15 0 8 8 0 Wgtn. Opera House ... • ... "... • ■-18,630'.. Kl»705-. !.'g- .iv-nil-: 125 Wgtn. iTrosh Food;. 22,261. , . , 1, ... nil ... V7nitc«mb» and I'oinbs' ... " ... 46,250'' £0,156 ,*6 •■■' nil 19 61i«,rla.n<i, Ltd. ... 43,676 £,311 -1—nil 5i ■' • •>,! ' i -0 0 010 6 7 14 0