COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2568, 16 September 1915, Page 8

COMMERCIAL ITEMS

' INVESTMENT SHA-RES. In the investment market yesterday a salo of Union Steam, ordinary, shares at 225. 4d. was recorded. The Quotations v.*ere as follow:— Buyers. Sellers. £ s. d. £ s. d. National Bank . A...; 416 6 4 18 0 Bk. N.Z; (£3 63. 8d.)... ... 10 ; 0 0. - Hank. N.Z. (£6 - 13s. 15 18 0 , 36 2 6 National Mortgage ........ — ■ 4.0 _Q N.Z. and River. Plato ...... 2 10 — Well. Trust, Loan, Ltd. ... 7 7 0 — Well. , Dep.. and Mor.t. ... - 0 8 0 Chnstchui'ch Gas (£5) .«'•.? 8 0 - Gisborno ■ Gns 1 14 0 — Napier Gas (£5) .' 8® J . — Well. Gas (£10) 16 0 0 , - ■ Well, Gas. (pref.) .....; 018 0 019 6 S. British Insurance — J 4 15 0 Standard Insurance — 11J- J Well. Meat Ex. I£Z 12s. 6d.) - 217 0 Well. Woollen (ord.) 4 19 0 - Leyland-O'Brien' .....12 3 — Manning and Co 412 0 ■ . —

W'AIRARAPA FARMERS' ASSOCIATION. 1 Tho..balance-sheet of the Wairarapa Farmers' Co-operative Association, Limited, for 'the year elided July 31 last has been olrculated. .In their .report the directors state that "after last September trade became normal, thanks to the Imperial Government- having made oui- trade routes safe, and New Zealand being a, food ana wool-producing country, the Home Government'and her Allies were large buyers at remunerative prices, which had the effect of making aU trades and industries prosperous, and in which wo have participated. After having made ample provision for bad'and doubtful debts, depreciation of stock and plant, and auditors' fees, and having contributed the sum of £650 to tho war * and ''other patriotic funds, ■ the net profit, for : the year is £14,113 195.. lid. To this ha® to be a'dded - £10,788 125.'4 d., carried forward from "last year's profit and loss account, making a total availablo for distribution. of £24,902 12s. _ Tho directors - recommend the distribution as follows:—Dividend of 6 per cent, and benus of 3 per cent, on paid-up capital, bonus of 2J per cent, on shareholders' purchases, bonus of 22 per cent, to employees. After' paying the Government income tax, and the honorarium to directors, there will remain a sum of £11,9C0 to be carried forward to next, year's profit and- Jofs account."..

Customs duty collected at the port of Well'ngton' yesterday amounted to £2955 7.3. Id. ■ COLONIAL SUGAR COMPANY. By Telegraflh—Press Association—Copyright Sydney, September.; 14. A,special general meeting or the Colonial Sugar Company lias been Killed, for September 29, to pass a resolution authorising the : directors to distribute iv, . specie amongst members registered an. this irate, in proportion to their respective interests, all preference shares which the Colonial Si'gar Co., is entitled to receive from' the Fiji and New Zealand Company, Ltd., in payment. for assets in Fiji and *New land, Vi'bich have been sold by the Colonial Company to the Fiii and,-. Now Zealand Company, Ltd. ,: LONDON WOOL SALES. New Zealand Loan and Mercantile Agency Company, Ltd.; have received the followiiiß cablegram from their London house, under- ,datc -September, 14:—Coin petition J6 very* irregular as compared with 'July. 24. Fine and medium greasy crossbred are par to 5 per cent, higher. The following are-lower:—Merino, medium and lambs, 5 per cent.; inferior, 5 per cent, to 10 per cent.; coarse greasy cros-bred, par t0.5 y.er cent.'-"lambs'. -74 i>er. cent.; scoured, fine, 5-' pe- cent, to % per cent.: medium, coarse, 10 per cent.; slipe, 10 per cent, to 15 ; per cent, i' best merino is unchanged. . LONDON MARKETS. u ' ' r '.' . , London, September 14. - Copper— On tho- spot,' £68 17s.'6d. to £69 2s. 6d;'; .three months', £70 to £70 55.;. electrolytic,:£B4 5t0:£85..: Tin.—On the spot, £153 2s. 6d. to £154; three months,,£ls4 15s. to £155 55., Lead, £23 75..-6 d. and £22 15s. ; Silver.—Bar silver is quoted' at 23Jd. por ounce, standard. : Jute— Stepeinbqr-October, £26 lbs. Never has the demand for clear-headed constructive thinking in business been so urgent as it is right now. ■ We are living in a progressive age, and must take all' iip-to-daite methods. It is in savings from waste of any description that money is made to-day, and by concentrating one's efforts on all details of : our business we, claim to be able to produce results for our many cream suppliers. We want more cream. Can yon supply us? Further particulars, Wanga hui Fresh Food Co.—Advt. ■

So far there has only boen a slight advance on the prices of the famous Victor Cheese Vats, and factories are now ordering in view of a. possible further increase. Various causes will shortly greatly increase the cost, but orders received now will be delivered in rotation and at present prices. Albert 0. Parton, Carterton.—Advt.