COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1456, 3 June 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. A sale of Christchurch Gas shares at £9 was the only trrmsoction in investment shares recorded on Saturday.' Th; buying and selling quotations were as under:— Buyers. Sellers. £ s. d. £ s. d. National Bank 6 0 0 6 10 Well. Trust and Loan .... 7 12 6 - Well. Oas (£10) - 18 7 6 Well. Gas (20s. prof.) - 116 Gear Meat (£1) 3 4 6 - Meat Export (£5) 6 4 0 - Taupiri Coal — 116 Leyland-O'llrien — 18 6 N\Z. Powell Wood — 12 9 C. M. Banks, Ltd — 0 19 6 Golden Day Cement — 13 0 Manning and Co 4 2 6 — Sharland's ordinary — 13 3 ATLAS ASSURANCE CO. The accounts of the Atlas Assumncc Company, Limited, for 1911 show that the net fire premiums were £1,041,165. against £1,041.194 for the previous year; and losses £561,835, against £465,351; the ratio of losses to net premiums being 53.9 per cent., against 44.69 per cent. After providing for commission and expenses, the underwriting surplus is £89,318, against £194.805. and the profit'M £39,330, of which £30,735 has been carried to profit and loss, and the balance left in the fire fund, bringing it up to £1,066.577. In tlv.' employer*' liability, accident, and general account (he nel nrcmiums amount of £32,041, against £25,328 for the previous year; and. claims to £11.702. against £11,300; while the funds in this department now Mand at £33,826. Profit and loss account shows that, including £30,735 transferred from the profit; of the fli-3 department, and interest (apart (rem the Hie <uii sinking fund accounts), aRi,

after jirov''itl!-»..iT.P: for tapoine. ta:x, d-plrqiitnre. interest, aiii! tvpiMicfts rtut ( v i'i.TrjrSit ioo.iiief' nccoimts. .ill.:-, .lialanpe at ei-prtir Ss ' JEJfr.OCO', whirl' is isUe'ii/huii hy Hip diviilpml of 25 psr cent..,. .ii;ii<i'ii. .■! , ■■ he■ tnttilmp .capital.. Out of 1 his di'vidoml. WS'.'OOO. iiiteies'i vecei'vpd nrcomits- for .".viii'ic just of TjHi lire profit renlfeeuV .E89.330. aiv amount of .£58,594 is ,left in i,lic life fiiiiil,, w'lvicii. .isthiiiehy t.li-'enprfiipiieci, TJi.e. iiaid-np capitalis £264X00. and ad.'di.'iip; fire insiiraiic'c fiind £1,066.577.. piiinloyers.' iiUhi'lriy. jieeid'siit, and frenpfal insii'isnn.ce ftijitU 'iSS.fcfr, siiiii' iiiK fundi had: cap.itn-! iaifcrnnti'in fiiiiil £89,063. ami. coiitiiiKtfim* fund' "£22,i'F,'2:' i'iie total is SIA~A,fiS .ajiari' :frorii: the life assurance fiiiiii «{' £'::,1!-3,21'.6. flii.i-iriß fho year 54.22.5 s.haros jif' '{ho 1-,'fseS and l-iufholl'; Iviinitahlc liisui:ai.ice S'nci.p'.j-, Limited, Wci-p, aennired.. out; of it. ioial of s'6,ro.rj; it-hi'Jo subsequently 995 .-uldiiiniiif sljciics jia.ve been lioiighC lea-viuc birly .780: sliai:.qS oiitstanding. TIIS COyWOSSV.f)A.I ; ,TH IttaWK. In the iaj't iV.-i'ie of f.ii.e "lu~iirai!c.e and linnkiiii' ICeun'rrt," ii-.'.re is a .scaiiiiiii; .nr, tide on flic (;.rtiiiiiriu-'.vc;>.l.t.h r..inl;. mid jiii the finaiii-C.j of tl;.e C-jijjftiujnwvaldi Kencrally.- The i.ollow.iiiK- is. an p.xcei-'pl:--' "ft still t : hp: .case that the nii'iit of a. (,'o!ii.'n.'.o:ii*e.-ilf!i. Ha-nji is .uisne.-ps, and that i! is jioj: Iftefv to prove' M be of publife- iitilit.j;. 'l-lie t'oniinGihveaitii Rank n-ill 'cfTcrt. nii. iJin-'iirirAi it wilt be rostly: it. >V.ill..hot. ronv.rii.niid' tije conTideiiee of the irrc'at..mercantile itil-erests.. . I't Is tli2 offsnri.ii(r : .p'a'r.tl'y of -.narroy.- and voin ceited doctrinaiiisin, and ncrtly of an' ah most insane : ..desire to i'li'lliei .injury jinon' the tradin'jT v : V)ai.!ks,. -iyhich "l-/ive iende.ve.d in the ' ordinary c:o.ur.'se. .of. t.hei.r : operations (treat services ,to. iVH's't'.rn.iia.. li. will ,p,d.'.?ess no potency, in Lth'e.mana'ssmeiit: of the public indebtedness of the Australian .States, fa Great Britain;, for;' tn;,y.ic\v of flic' fti'iauitous character, .from ife cross i'n.S'rii'iitiiblsness. of ,tH6. lb.rid' tax,, a'ii.d ' i lieitching for .the-.S'ppliatjo'n of .prop.e.rti.efl. .interests constan.tlj-i-.ni'a'ii'ifcsted by the Ija--bour party ..of,iustralin., ths-iiaiiio of the Commonvflaitlv .is chl'cii.lattil' rather to repel than lo a.ttracf the- iiKdstinfe classes'."

FIXED- pEPQS.i'TS INT .A.U.VfR.AIiIA, On May '21'. \t.hs :a*soe.iafe.d bhiiks in 'N*e.w Pouth WalcS a'dyan.c.eii their rativ nf im tercst on- .n'yed- deposits '.by liaif : per c'e'ri't... the amount .p.a.y.al'i.le.'.iVpw-lieiiic 3}. per cent., for one year; and' i p?c cent, for Ibt'i'd.gr periods. ;F.ai;' >.ix: mbp'ths (whore alio.\vedi the rate of .iriteyeiii is '2 Per. cent, "per aiinuin. TlierincreaseVin. iii.e rate lids been made, so .it.ds.;Sta.f'ed, : -lipt so pinch beca'uie the bank's: jvprn.t; fS-.attract .'indre -nion'c'v';. but. because: t.h'ey Will., need; to. ferke jifa'cSiiitions aßainst;t!ieiii'defp'os.if:d'r'j!- being attracted by Bank. '". CP'S'fOMS.. Customs -revenue, col'lei-ted at. the port nf \\ "llintlonV .qn -Saturday ariioPntcd to £1276 3s. sd;,.,*he; ibtiil ; fbr the "week, iieiiig £10,224 os.';;3d : ; Tlie-.fctiir'.ri.s "ipr - each- bf the past, eijjht -..weeks., cbnipaied with tlie figures foiwithK ':cbiTe.ipb.ridihg...poi:id.'ds- of last year,/show as-, iuiderr—' ..'. "' ■ 1912'. . 19.11. April 13 -~< ~: ■ 105(2 I'iliToO April 20. ~,,.,,..;... .22:103 1k745 Anril 27 ..;..: ~..,.. 12.f5a 12;M1 May 4 .:,,.;;...:.,;.„,>...■...' .1ft093 19,765 Jlay 11'..,...,.,: ■. 10-JJ9 3.r 87 May 18:.;..,, ~., ~ i8.r98 14,954 Mny 25;.■ •; ,■ i1.;452' 15.012 June 1. ~:...!■,■...!■,,,,,.,..!.. 10,224: .15;Ql.t'" ■ ■-.-■■ £112-331 lilizifoThe beer, duty...eoileeied during' the past week ainouiVtc/l'.'-hS £212-. 'ljS's... as' .coinpared ■ with £19." .14..;. for .the corieSpbudihg v.-ee'k'' of last yeirV

■ FEILDI\G.- MpiiET:' kepOkt. ■ Messrs. A. ; ,HV-.. Atkinson arid: Cos-, Ltd.;. of Feilding, r'e'p'prt,,'p'piilt'r.v; its .selling, .at.much' better vahtei 'ai!'d i ;a'.ff.b'o.d'...pennihg was'sold Inst week at-'flup'tations- Pigs were : iri'short supply, noi gpbd :';wearicr's. or' slipsoffering; Slickers. 63. :6d:.;. slip's';' E.=: : 6S. to lii 6d.':' stores, 155.i!6d:;.;.pbrkers' 265. to '325. Aged horses, 225: 6ii:.' i 't6".£4"los." Hciis,' ueri pail--Culis, 2s.;..others,, ,3s. id '3s'; $£'■;■■'roosters'; ■ 35., 3s. 3(l.,,os:.6d;:;:niirbbr3ds'to 65..; .ebbkerels, 2s. 6d. *tu>;3s;.;-.:diicks;:' Si. M:, ifs:,/fe' 3d;, -4s. 6d„ to,;7.s:';'.. ; .:t'urlt'ey;.'BP.bbl(!rs','. .14s:.';-■ 'Hens', 10s. per pair';-;:rotat,pe3V'9s, fo: 1G.5.:6d.- : per-ba'is; parsnips, 2sj H.;' 3's.,;'. ■cabbages';,-.' 53.-:;,' cauliflowers, 7s.if.piimpkinS,'.' : ss';. tor-i6s;;i:.,carr.bts, 35.; pears, j.35,,;-iier'----ha'lf.''eas'cV'' ; apple : 'si ; 3si to 3s. 6d.; oiiibn3f v .los.'-tb';i2-s.. ,'per:,c,wt..; -WKeht; ss. per buslijli/tiiaisei 6s.;»l)arlev; ■''*.? chaff,4s. per sack:;' -bats;.3s.'6ri:

XqKTffi'\Qi;A{ip- E'KQbIiCE. (By Association.) ;':■'■'..' ■ , baiiiaru;VJ'u'h'e.-2.-Heldcrs of; wheat ■■fire-.libl'dihg: but- .'for' higher prices; .wliich:.--.niiller;s' "aii'dWeY-charits-will net giye...tlie.hi,...hiid'.-business "is- 'tliii's restricted, i ,A:-faiv'"niiral)c'r'of sniail .line's have been- se!d;;,Yclvet': : .be'itig:. most : -M'n de--maud, 3s. 9d.- het\.'iii:'-'cbiintry. stot'ibns having been have been sold at;' 3,3, :Bd.;-'riet'.: at ■.cburi'trv-'st-'ati.pns'i and, for niixeil liiiss,.'3s: -S'd'.ut'b. 3s.- M'.. lias been paid. '.-..The- .offerings' of -bats' ar.e- -stili. few, and prices-are., ivell. ■reaiti.'taihed: 'Feed.' Gartons seld';atX2s:.'.lsd;,-ii'et;. : 'a:t:'rbuiit'rs r ' : ,sta-! tipns, aifd : 25.3d. net a.rc,-.tb3;./r.i!l.iri's."--!lg.tircs.v. .''Danish changed liarids.:.'at;;2s'. : ;;'oid; iiet., Chaff, selte at £2 15s. hetv ..There '.a're."a':f.e\y buyers!,..for; potatpes, ai)d: : .£4Lss:. and'.-SS '25.. 6d. -net. qii trucks hasj.bceny-'paiii-,: bii.t;;jTSterilriyV.'/tfe general offer: w'a"s; ; '-.£4; : 'thbuglV;;\if'Vtc.cbiiipariied by a. .certificate, of cleamfo.-s',' inpi : o money can- be' : ' ; pb.tain'e:d-. ! waiSi 'EKiiJExp:, .Aucii.iand, Jane, 1. The Waihf'.Gonjpany.'tb.siay 'paid 'out a. dividend or .t.wb sliiUih'gs iiili'.siia'rb, representing £49:590:. The colonial sharchold'er's' received £25.368-. 18s:' iQJOnQN 'JIARRETS^ By (ijee,. Joine-2j, ;s:ioj Ji.'m.O Xpnddriy Jiitie- I'.Frozen to the strike- it is. impossible tp./'givp Reliable, nuptationp. Copra.—There, is . ; a-','sma'.ll' -biisincss. doing: South Sea, in. bag's, i£25.:-R3r ,tbri. : Hemp.—May-Jiily 'shipment, £22 :s's, pe.r ton. .'.j '. . Jute.—Augu's't-::shipmcnt; £20'155, per' ton'. Cotton.-Jiins.-J,uly ; -sliipmeht',- ; 6.l£id. per' lb. .... ..' -....-. Eubber—Fine hard. I'ar.a, '4s. 73d s per.- lb: Cheecc—A : : ;fcW: lots of. the Turakina's. New Zealand shipment* have, '..been There was a. keen, demand',, and prices rill-. «d at 755. to 76s':.

(Kcc.. June.-3,. 'P;'3o, .a/m.). '.London) June '2. Wheat— Twb.. cargoes of Australian 'have been 6old at -395.. .per 'ciuar-tc-f; arid -a- third, at. 395. lid. '. :... ' ." ' Tallow.—Stocksoto'tal ;4973- )tons ; ; imjiort'Si 2011 tons; deliveries.. : 'SCSQ''.toils', "' Tin-Stocks;. IEIB4 .tqris'i." on spots. 331.7' tons; af10at.:5514 tons.;, deliveries, '.235S\£<?nsJ ' . ■ . S'lliTCEfe ' Lphdbiv, May il. Bar silver-,-is. Quoted: 'at.. ■Tie; 4 KlGd; .jier oz. standard,'. ' '■ . ,