COMMERCIAL.

Dominion, Volume 2, Issue 470, 31 March 1909, Page 10

COMMERCIAL.

'THE SHARE MARKET. A sale of''Wellington Trust and Loan at £7 Is. 6d. was reported, and a sale of Now Zealand and River Plate at >£1 13s. 9d. was made on "Change. There were quito a number -Of buying orders reported, and brokers should be ablo to record a fair business in tho coming month. Bank of New Zealand, buyers £8 10s:; National ißanks, buyers £5 35.; Equitable Building, buyers £9 55.; Wellington Investment, buyers lis.; Wellington Trust and loan, buyers .£7, sellers .£7 2s. 6d.; Wellington Deposit, buyers Bs. 6d., sellers 95.; National Mortgage, buyers '£2 lis., sellers £2 175.; New Zealand and River Plate, buyers £1 13s. 6d., sellers .£1 145.; Auckland Gas, buyers £14; Mlding Gas, buyers '■delj Wellington Gas,'£lo paid, buyers .£l7 55., now issue, buyers £1, sellers £1 ss. premium; New Zealand Insurance, buyers £3 18s.; Gear Meat,'.£4 paid, buyers £10, ,£1 paid, buyers £2 lis.; Meat' Export, £5 paid, sellers £6 65., £2 12s. 6d. paid, sellers .£3 Is.; New Zealand Shipping, sellors .£7 Is.; Union Steam, buyers £1 14s. 9d.; Wellington Woollen, buyers £2 :195., sellers .£3 Is.; Westport Coal, sellers £6 •',65.; Westport-Stockton Coal, buyers'.Bs..; 6d., .sellers-95.; D.I.C. preference, buyers .£l. Is. 6d.; Kauri Timber, 15s. paid; buyers 14s. 9d., sellers 155.; New Zealand Portland Cement,' buyers .£1 145., sellers .£1 155.; Sharland's ordinary and preference, sellers 18s. 6d.; Taranaki /'Petroleum, sellers Bs. . • THE MINING' MARKET. ■ A sale of Talisman at\£2 4s: Gd. was reported, and a'sale'of Waihi Grand- Junction at ,£1 6s. was made on 'Change. Tho quotations were as ' under:— ..•■'. .'. ' .'. '. '. ■•' Buyers. Sellors. Sales. £s.d. ,£ s.d. JB,s,d.. Waihi'Grand June- ./■'•.■' ..'■:,'..... /- Hon... ... ... 159 IGO 160 Talisman 2 4 9 2 5 3 2 4 6 Waihi ' .... ... 9 1 6' 92 0 - Tairua Broken Hills 0 10 0 13 — Tangiaro ... ... — 00 1 — iKuranni ... ...008,010 - Big River .2 2 0 - - .Imperial tobacco company. In good times and bad tho Imperial Tobacco Company continues to show an increased profit. The report for the year, ended October 31 last ,again'' exhibits a record gross profit, this'tiifle of .£2,066,000, or nearly £10,000 in excess of .the total'for the previous year, whixSi itself was no les3 than £268,000 in excess of the total for 190G ' Debenture interest, management expenses, etc., require £246,900, or some £27,000 more than for tho preceding twelve months; a sum of £100,000 is again applied to tho pension fund and £250,000 is.once more placed to the general 'reserve.., An .appropriation of £100,000 is on this occasion made to writing down'the value of freeholds, in addition to the normal depreciation, as against £103,000 devoted a year ago to a provision for the redemption -of debentures. The total of these appropriations is thus raised to £696,900.'0r an increase of £23 800. The balance of £127,600 brought into the accounts is,. however, £IG,BOO larger bo that the total amount of £1,496,300 availablo for distribution shows an increase of close upon £3000: Tho preferenco and preferred ordinary charges are tne same as before, but the bonus to customers is increased from ioS.TOU. to £74 000. The dividend and bonus on tho deferred ordinary shares, at the rate of 12 per cent., 1 are unchanged, leaving a balance of £200,800 to be carried forward, or £2500 less 'than was brought into the accounts. The report marks another record in the progressive history of this most successful company, and, considering the big step forward made m the previous year and the indifferent trade conditions that prevailed in the period, the shareholders have every reason to be thoroughly satisfied.

The: Customs ■revenue 'collected at Welling* ton yesterday amounted to .£3047 19s. sd. FBTJIT AND PRODUCE EEPOETS. ' The New Zealand Fruit and Produce Co., , Ltd report on operations in the fruit ana produce market for the week ending yesterday .as follows :-LaTge quantities of fruit and vegetables are coining forward. A; fairly gqod_ de- ' mand exists for all- fruit, ,with \the exception of peaches, which' are overstocked, and very ■low in price. The following prices give a fair indication of values ruling m our city:-Pota-loes, 45.; swedes, Is. to' Is. 3d., all per cwt.; parsnips, 35.; marrows, Is. 3d.; pumpkins, ss. 6d.; cauliflowers; Is. to is. 9d.; peas, .ss. to 7s. 6d.1-eack; : celery, 6d. to'2s. doz.; lettuce, ls.'to'2s. case; tomatoes, 2s. to 3s. id. (Hutt); onions, 65.; carrots, 25.; beetroot, 2s. 6d.; cabbage, 6d. to-25." 6d.; red cabbage, 3s. 3d., all per sack; beans, 6d. to Is., according to sample; cucumbers, 2s. 6d.'case; pears, ss. to 7s. 6d.; plums, 25.-6dt.-fo 35.;" apples, dessert 6s. to 7s. 6d.; apples, "cookings 4s. 6d. to ss. id.'; peaches, Is. 3d. to 2s. half case; peaches, 2s. to 2s. 9d. full case; quinces,. Is.'6d.'to 2s. case; eggs,: Is. 7d. to Is. Bd. dozen; hens, 3s. pair; ducks, 4s. 6d. per pair; chaff, £3 10s. per ton; oats, 2s. to 2s. 3d. bushel; bran, ,10s. 9d. per sack; pea-. nuts, 225. sack; preserved ginger, GJd. per lb. • Messrs. Griffiths and Co., Ltd., report on yesterday's sales as follow:—Potatoes, .£3 155., £i 55.; onions, local, 45.,'55.; cabbages, 9d„ to Is. 6ack; cauliflowers, 25.,.25. Cd. sack; peas, 45. ; 43. 6d. part-sack; beans, 2s. 6d„ 2s. 9d. part sack; tomatoes, 2s. 6d., 3s. half case; lettuce, Is. to Is. 6d. banana cases; plums, 3s. half cases; peaches, choice eating 35., 3s. 6d. •half cases, cooking ls.6d. to 2s. 6d. half cases; apples/ choice eating 1 Bs., prime 75., 7s. 6tl. cooking, 55., 65.; pears, choice eating, Bs., 95., prime eating 75., 7s. 6d.,' cooking. 55., ss. 6d.; eggs, fresh, 3s. 6d., Is. 7d.; fowls,'2s. 9d., 3s. '6d. per pair; ducks, 45., 45., 6d. Owing to rough weather ■• several . boats are , delayed, and the market was bare in consequence. Prices for many lines of fruit were a bit better .'yesterday. ' ' . • :i, . . ■■ ■

LITE STOCK SALES. : Messrs. Abraham and 'Williams, Ltd., report on their' Johnsonville sale as follows.:—A small ■ entry of medium quality bullocks sold at late rates, while a'fair yarding of sheep sold readily. Quotations: Bullocks, light, .£7 to £1 10s.; ■lighter,'' £G 7s. Gd. to ;£6 17s. 6d.; good wethers, 12s. lid. to 13s. 3d.; ewes, Us. 10d.;'lambs, prime, lis. dd.; medium, 10s. Bd.; light, 9s. to 9s. 6d. :"' .-•■ ~' . : ; . .. LONDON WOOL SALES. ' Messrs. Levin'and Co., Ltd.,'have received the following cable from their agents'.in London, dated March 27;—" March Sales.—Merinos generally closed at an advance of 5 per cent, on. opening rates, buyers generally, operating, ■freely. 'Pine crossbreds closed at an advance of ,71(1. on .opening rates, Continental buyers operat'ing freely. Crossbreds; medium and coarse, closed on a par with opening rales. Five thousand -.bales.'of New. Zealand wool carried forward to next series.":.'' .'■' :■'.' :' - x The following is the average price realised.for the fleece portion of the clips sold:—JJß, Waeanui,, 8 7-16 d.; Lansdowne) Blenheim, 12Jd.; Richmond over Brook; Nelson,'ll3-16d.; Kaira Kawa; B|d.; Marahau, Wanganui, Bd. ;Rewanui, Masterton, 10 9-16 d.; Khoikutu, Masterton, 8 9-ied.;:.. Fernglen,,:.-Masterton,,'. 9. 7-16rt.; EM over : : B, VtVangauni, :7d.;V Broadlands,, Linton, 10} d.; TCH, Wimbledon, 7|dJ; EN, Turakina, -Bid.; Manawa, Tenui, Old.; W BW, WariganuV7sd.; B and E, Wellington, Is. OJd. NEW ZEALAND SHIPPING' COMPANY. ' (Rec. March 31, 1.25U.m.) '■ . _ London, March 30. The New Zealand Shipping Company has dedaied a dividend of 5 per cent.