COMMERCIAL.

Evening Star, Issue 12964, 8 November 1906, Page 6

COMMERCIAL.

Millions are annually lost to British manufacturers (says a Consular report in Algeria) by not adopting ( the metric system, and by not quoting prices in tho moneys of the countries to which they export their, goods. PROPERTY SALES. The National) Mortgage ana Agency Company report the following gales during October : On account of Mr A. W. Morris, Fairlie, his “ Corra Linn” property, consisting of 1,135 acres, to Mr J. M’Gregor, of Springburn. On account of Mr J. O’Loughlin, St. Andrews, 95 ‘acres, Parcora, to Mr M. Sullivan, Pareora. On account of Mr R. G; Baxter, Tiraa.ni, lot 1. Arcbertown extension, 39 perches, to Mr J. H. G. Chappie, St. Andrews : lot 2, 36 perches, to Mr Alex. Baird, Timaru; lot 3. 36 perches, to Mr W. Mack, Fair-view ; lot 4, 1 rood, to Mr J. Murray, Timaru; lot 9, 1 rood 32 poles, to Mr J. E. Hurdlcy, Timaru; lots 10 and 11, 1 acre, (o Mr J. H. G. Chapplo, St. Andrews; lot 12. 1 rood 18 poles, to Mr J. E. Hurdlcy, Timaru. On account of Sir S. Turnbull, St. Andrews, 584 acres, to Mr R. Catherwood. On account of New. Zealand Trust mid Loan Company, Traouair Estate, Outran;, 16,000 acres, freehold, and stock as a going concern, to Mr R. G. Baxter, Timanx. COMMERCIAL PROPERTY AND FINANCE COMPANY:. The report of the directors of the above company for tho year ended 30th September, states :—Tho profits for tho year, after providing for interest on deposits, rebate on bills, expenses of management, etc.., amount to £1,715 8s 7d, to which has to bo added balance from last year £265 2s Id, making altogether £1,980 10s 'Bd ; amount transferred to bad and doubtful debts reserve account, £1,000; leaving available £3BO 10s Bd. Out of this amount tho directors recommend a dividend of 6d per share on new issue and 2s 6d por share on old issue, absorbing £619 17s 6d ; balance to bo. carried forward. £360 13s 2d. Deposits as well as advances show a considerable increase as compared with the previous year. THE* MARKETS. Press Association—By Telegraph—Copyright. LONDON. November 7. (Received November 8, at 9.9 a.m.) Silver, 32 15-16 d per oz. At tho tallow auctions 552 casks were offered and 589 sold. Fine mutton, 39s 6d ; medium, 365. Fine beef, 37s 6d; medium, 365. AUSTRIAN MEAT FAMINE. Press Association—By Telegraph—Copyright. VIENNA. November 7. A deputation from the Austrian Butchers’ Association asked the Minister of Agriculture to permit the importation of Australian and American meat, owing to the shortage resulting from the closing of tho Servian frontier, but the Minister declined to do so. Indignation meetings have been held, at which the selfishness of the agrarian interests has been denounced. AN UNPARALLELED SEASON. Press Association—By Telegraph—Copyright MELBOURNE. November 7. At the half-yearly- meeting -of the National Bank, the Chairman said that the present season was unparalleled. No portion of the vast territory of Australia was now- suffering from lack of water. There was a great demand for pastoral properties, and more stations had changed hands during the last twelve months than for many years previously. THE WOOI. MARKET’. Pro** Association—By Telegraph—Copyright. MELBOURNE, November 8. (Received November 8, at 10.28 a.m.) The problem of the wool people just now is to reconcile a falling market in Sydney with a buoyant one in Melbourne. Locally the record of prices obtained is as follows Greasy tnerinocs, up to 15td ; greasy cross breds, 14Jd; scoured morinoee, to 22 jd. There is groat activity, with an upward tendency. THE FROZEN MEAT MARKET. The Colonial Consignment and Distributing Company cabled io-day : —“ Owing to shortage of supplies, and stocks being held in comparatively few hands, there is a further all-round advance in values. Quotations : Mutton —Canterbury, 5d ; Napier, Wellington, and North Island, 4Jd. Lamb—First quality, 5Jd. Beef— Hinds, 4Jd; fores, 4d.”