COMMERCIAL ITEMS

Dominion, Volume 15, Issue 159, 31 March 1922, Page 8

COMMERCIAL ITEMS

investment shares. were made on Ch g follow:— for' investment stock /SeUer ß.

OOMPAN IBS REGISTERED. The -Mercantile Gazette". records the registration of the lollowing new comPaU £Sety Petrol Tank Co., Ltd Begistered -as a private company Match Zo, 1922 Office: 12 Panama Street, WellintSn Capital: JCIOOO. into UM) shares of £1 each Subscribers: Wellington—A. W. fUe and G. H. Pym. 500; C. 1. .Tame, v,. T. Garland, 100; A. J. Mack, ICO. Objects- To purchase or otherwise acquire any interest in any patents, brevets d invention, licenses, concessions, and tl e like and incidental. . , . , Manawatu Bacon Co-. L s. d ’ h Ec £ lßt ?££> l as a private company, March 25, >922. Office: Palmerston North. Capital: ±6OOO, into 6000 shares of £1 each. Subscribers: Dannevirke—N. B. Ihompson, .f 5 J. H. A. Sanders, 550; C. 11. Thompson 275; E. G Poster 1100. Palmerston North—W. H Will 550; M. Davidson, 2199; R. DavidHon ,10. J. White- SCO. -Wellington—h.S. James, 550. Objects: To carry on the business of bacon-curere and general inMotor Supplies, Ltd. Registered as a private company March 24, 1922. Office: Wanganui. Capital: £.lOOO, into 1000 shares of £1 eachWanganui—F. N. Chainoy 20; H.. Lee, 30, Leo Bros.. 50; J. b. Wilson. 510; E. E. Turner. 20; H.• S. Harman 100; B Hulme, 40• W *T Euton, 20; F. Ha-vell, 50, 11. J. Batts," Ltd., 50; R. B. Horsley, 20; Draffin and Co., 20; A. O. Whitehead and J. Stone 20; jlerawether Motor Co., Ltd., m Objects: To carry on business as manufacturers, importers, dealers, repairers cleaners, Storers, and wareliousers of automobiles, aeroplanes, airships, motorCa Shaw^ n Motors, ra Ltd^ C March 28 1922 Office: Wellington. Capital. £IWiO into ICOO shares of £1 each, bubscribers- Wellington—M. Shaw. 300 f.p.u., 200 ord • 0. D. Nielsen. 500 ord. Objects: d’o manufacture, buy, sell, deal in, hire,

repair, decorate, paint, clean, store, warehouse, and carnge motor or clcctr cal oars and incidental. CUSTOMS (REVENUE. Customs revenue collected a-t the port of Wellington yesterday totalled iwl izs. lOd. . STOCK EXCHANGE. BY TELEGKAI'II—PRESS ASSOCIATION. Auckland, March 50. Hales—New Zealand Inscribed Stock, 1959, £9O 10s.; National. Bank, £5 los.; Bank of New Zealand, 495„ 48s. >d.> Union Bank, £l2 55.; South British Ins Vance, 335.' Auckland Gas, 20s. 3d.; HuXlartParirer, 425.; P. and 0., £300; Wilsons Cement. 15s. Id.; Waihi, 19s. 6d. Christchurch, March 30. Sales reported—Union Bank, £l2 4s. Sales—Christchurch Gas, £6 Bs. t>d. (two parcels); Union Bank. £l2 3s. 6d. COLOMBO TEA SALES. AUB.-N.Z. CABLE ASSOCIATION. Delhi, March 29. The OoWmbo tea Bales were held on March 23 and 24. A million pounds oi tea were offered. The quality and selection again showed a falling-off. A good general demand prevailed, and bidding was keener. Considering the drop in quality, prices were generally very firm. Common broken Pekoe fetched Is. 2Jd.; medium broken, Pekoe, Is. 42d.; good common leaf, Is. 3d. LONDON WHEAT MARKET. AUS.-N.Z. CABLE ASSOCIATION. (Bee. March 39, 5.5 p.m.) London, March 29. The demand for wheat cargoes is quiet, as millers have sufficient stocks, and do not wish to malto further contracts at present. BRITISH TRADE CORPORATION. AUS N.Z. CABLE ASSOCIATION. (Rec. March 30, 5.5 p.m.) London, March 29. The British Trade Corporation recommends the writing-down of the capital by a million, also the creation of a million sterling 6 per cent, tax-fee A shar.-s. The position is due to the locking up of funds in connection with the various trading concerns. The rapid fall <f foreign exchanges ha-d mode good men weak, and moderately good mtn were unable to meet their obligations at present. AUSTRALIAN PRODUCE MARKETS. BY TELEGRAPH- I'llEßj ASSOIA CION. (Rec. March W, 9.45 p.m.) Sydney, March 30. Oats. Algerian feed 3s. 9d. to 4s. per bushel; white, 4s. id. to 4s. 2d. Maize, yellow, ss. 3d. per bushel; white, ss. Potatoes, Tasmanian, £6 10s. to £8 per ton. Ocions, Victorian, £8 10s. per ton. Adelaide, March 30. oats, 3s. per bushel. THE INDUSTRIAL METALS. Tlte quotations for the industrial, metals have fallen very considerably, and >n two oases .the prices to-day are below the pre-war level. The prices were at their highest during the first two months of 1920. The following table is in-

Copper and tin are well below the prewar level, but lead, spelter, and silver are slightly higher. Many of the mines had. to bo closed down because the cost of production left the mine-owners without any return, but owing to numerous economics, including the reduction in wages made since some of the richer copper mines in America have resumed operations. MINING NEWS WAIHI MINE RETURNS. BY TELEGRAPH—PRESS ASSOCIATION. Auckland, March 30. Tko Waihi Company during the period ended , March 18 crushed 13,195 tons cL. ore, including 33160 z. of gold and 30,6990 z. of silver. In tho previous period. 12,204 .tons of ore yielded 35060 z. m gold, and 23,3040 z. of silver.

■ t £ 8. d. £ s. d. Inscribed Stock, 1939 ... Inscribed Stock, 1933 ... 94 16 90 7 0 6 90 95 12 0 6 0 War Bonds, W8 War Bonds, 19*>3 Bank Australasia (cum.) 94 16 12 3 0 0 National Bank Bank New Zealand 12 2 6 6 2 12 17 9 6 0 3 0 Tin ion Bank 1 16 0 Goldsbrough IM-ort -I""*" — Well. Invest. 1. an' 1 A - . 1f . Well. Gas Deben- block 101 10 New Zealand Insurance 1 ! South British Insurance 112 0 6 9 0 1 9 8 0 0 N Z Refrigerating (£1 6 3 N*Z. Refrigerating lies. 0 13 6 e 13 16 1 11 0 HuddarVParker Transport 2 2 6 (ord., ex di ; .) Union Steam (preL' Well. Woollen /0™/ — Well. Woollen (pref.) ... 0 18 8 0 8 0 0 0 0 0 18 9 Westport Coal •••••— Leyland-O’Brien Timber 0. M. Banks (ord.) ...... Shariand and Oo. (ord.) 1 1 1 12 2 2 9 3 0 Ward and Oo 6 Wilson Cement

structive ' Price Highest in 1913. £ in 1920. £ Price to-day. £ Copper-—spot .... Mi 122458 3-16 Tin—spot ... 167 418J 143 11-16 Lead—spot .... 172 62J 214 Spelter—spot .... 212 61 25i d. d. d. Silver, per az . .. 262 89J 33i