COMMERCIAL ITEMS.

Dominion, Volume 9, Issue 2702, 23 February 1916, Page 8

COMMERCIAL ITEMS.

IN VE3TUENT" SHARES. • In the Investment .market yesterday a' Bale of Wellington Trust and Loan shares at £7 Is. was reported, The quotations were as follow:— Buyers. Sellers. £s. d. . £ s.;d. Bank ff.Z. (£3 6s. Bd.) 10 10. 0 - •- Well. Meet Ex.(£2126d.) 215 0., Union Steam (oTd.) \.... 17 0 17 3 Well. Woollen (ord.) 418 0 Well. Woollen (pref.) 3 6 0. — Westport Ooal 18 3 — Kaurj Timber (15a.) ? 014 6 : — Sharland (ord.) 14 6. — Sharland (pref.) 14 6 . — • W.F.C.A. (£5) - . 6 2 0 Customs duty. collected at the poTt of Wellington yesterday amounted to , £25036s. la. . : STANDARD INSURANCE CO. . , The report, of the directors : of the Stand- ! ard s Insurance Company for '1915,- states that the income for the year amounted' to ,£132,495 16s. 10d.| made up -of premiums £122,081 Bs. 7d„ interest 'on investments £10,<06 19s. 9d., and-transfer fees £7 7s. 6d. The expenditure totalled £1C0,621 13s. 6d.,' of which 105. 9d. -was for losses, leaving the net profit, at £31,874 3s. 4d., to •which has to he added ; '£8351 Is. 3d., the Balance carried forward from the- previous year, making an available balance of £40,225 4s. 7d. The dividend for the year absorbs £10,000, the sum of £16,000 is added to the reserve fund, £2500 to. the guarantee and provident fund, £2500 is appropriated for depreciation of securities, leaving £9225 . 4s. 7d. to be carried forward.

FROZEN MEAT JIAKKET. Messrs. Gilbert Anderson and Co: (Messrs. Jlellsop, Elliott, and Co., Palmerston North, local agents) report, on the frozen meat market, underrate London, December 23, as follows:— .

Home-grown: Christmas week has passed with' good trade.. Supplies consisted chiefly of beef, but pork has played a prominent part, English pigs reaching 13d. per lb. Frozen mutton: Some. New Zealand eweß

have been released, and sold readily at 6Jd., and Canterbury wethere at 7id. A .few River.. .Plates about, but no Aii.^trations. Altogether tlie position has never been firmoi-. > , , •Frozen lamb:. New Zealand lambs havo iltc field to' themselves, practically. and show signs of making very high .pricesStocks are liglit in London, and SmitnflcHl is absorbing the remainder of the Bristol lambs from the two eteamers that ealled there. The demand continues to run on medium and heavy-weights, OFSIO tegs having been sold at 7*d. Beef: Very little frozen available. Opillod lias sold well, with fair supplies. Seat future arrivals expected to bo light. MELBOURNE WOOL SALE. By Telegraph—Prose Association— Copyrisht Melbourne, February 22. At the wool sales competition was restricted. Ordinary declined 10 per cent. Scoured realised- top rates. METAL MARKETS. (Rec. February 22, 11.35 p.m.) ' London, February l\. \ Copper, cash'. £108 per ton; Electrolytic, JSloo to £137 10s. ■

Tin. £180 to -£180 ss. per ton. Silver—Bar silver 16 quoted at C 5 !3-l4d. p:r ounce standard.