COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1603, 21 November 1912, Page 8

COMMERCIAL ITEMS.

■ INVESTMENT SHAKES There were no transactions yeEtorday. The quotations were as under : J Buyora Sellers £ s. d. £ 9. d. National Bank — 6 0 0 Equitable Building — 9 16 0 Auckland Gas — 3 4 0 Clrristchurch Gaa — 8 3 6 FcUding Gas , — 10 6 Well. Gns (£10) ............... - 1612 6 Well. Gns (prof.) 10 0 10 9 S.B. Insurance — 314 0 Gear Meat (£4) ' - .12 17 6 Meat Export i62s. 6d.) - 2 19 6 N.Z. Shipping 14 0 0 14 7 6 Union Steam 2.10 6 — Well. Woollen (prof.) 2 17 0 - Tatipiri Coal — 12 3 N.Z. Drug ■<■ - 2 10 0 Sharlanrt's preference ...... — 12 6 Ward and Co 1 5 0 0 5 2 6 \TJNITED INSURANCE CO. The balance-sheet of the above company for the year ended September 30, presented to the annual meeting of shareholders held in Sydney on October 30, will be found on another page of this issue. The total revenue for the year was £236,873 7s. 10d„ and there was brought forward £15,293 17s. 10d., making a total of £252.167 ss. Bd. Tho reinsurances aggregato £84,621 19s. 10d., tho losses totalled £69,055 15s. 2d., and with the various items of expenditure the total amounted to £212,852 14s. 3d., lcavinsj a surplus of £39,314 115..5 d., which the directors have allocated as follows:—Added to reserve fund, £5000, making that fund £147,000; dividend of 10 per cent, and bonus of 2J per cent, absorb £10,675 6s. 3d.; leaving £23,639 sa. 2d. to, be carried forward. Customs duties collected at tho port of Wellington yesterday amounted to £1344 163. 6d. TIJIAEU WOOL SALE! (By Telegraph.—Press Association.) Tlmaru, November 20. The first wool sale of tho season was held hero to-day. The offerings totalled just on 1000 bales, of which 924 were sold under tho ' lßDimor. Tho general condition of the wool was tho best seen for years. American operators were the keenest, then the Dominion Woollen Milk. The Bradford buyers limits appeared to be. below those of the.Dominion and American buyon=: Compared with 1911 the wool is Jd. to 3d. better value on account of greater soundness, longer staple, and liglitnera in grcaso. Tho | actual difference in prices works out about 2d. per lb. all round in favour of this reason. Medium to good merino, B*d- to 1(12(1.j (super halfbred, 12d. to 133 d.; medium, lOd. to 12Jd.; super thrce-qvartcr bred, 103(1. to 13d.; medium to good. 93d. to HJd.; medium to good crossbred, 9id. to 113 d.; super bred, lOd. to 12' d. ' LONDON WOOL SALES. Messrs. Da.lgcty and Company, Limited,. Wellington, have received cabled information from their London office under date November IS, ns follows.:—'The Hot. of o.r-. rivals for the November series has close:!. New arrivals amount to 133.CC0 bales. Foi-ly-cight thousand .hales have been, forwarded direct to manufacturer!! at Home and abroad, 7CCO halc'a arc frr.m old stneks, leaving 97,000 bales available for ealc." DEBENTURES. By Telcgraph-l'rtit.s As'-ociaUon—Copyright London, November 19. ywiterilay's clssing qii'M-ntions were:— Australian Merp.rvut.ilo, £93 10s.; Dalgety and Co £96; Goldsbroneb, llort, and Co., £93 10s. WHEAT. . (Eec. November 2-3, 10.55 p.m.) . London, November 20. Wheat is steadier. Australian Januaryrobruary shipment, in quoted at 375. 3d., and February-Marc.!: at 375. .6d. The American visible supply east of the Rookies is estimated by Bradstreets at 96.950.0C0 bushels. SILVER. London, November 19. Bar silver is quoted at 2a 15-16 J. per. ounce standard. I

THE METAL MARKETS. By Telegraph—Prcea Association-Copyright (Bcc. November 20, 10.55 p.m.) London, Novombcr 20. Copper-On spot, £78; three months, £78 12s. 6(1. Tin.-On spot, £227 55.; throe months, £227 15s. . Lead, £18 2s. 6d. AUSTRALIAN WOOL SALES. Sydney, November 20. At the wool sales prices were firm at the best rato3 of the season. There was particularly strong demand /for medinm to good, though competition was very general.Greasies sold to 142 d... and ecoured to 23! d. Melbourne, November 20. .At tho wool sales comsotiti'm in nil portions was extremely keen. The improved values were well maintained. SYDNEY POTATO MARKET. (Roc. November 20, 9.45 p.m.) Sydney, November 20. The high price of potatoes has diminished the purchases, and a, drop has resulted. Potatoes 'me now' selling at from £19 to £20! - The Warrimoo's' cargo fetched £18. . ■.; • .■. ■ '