COMMERCIAL.

Evening Star, Issue 15540, 9 July 1914, Page 6

COMMERCIAL.

The financial posibon of the Exhibition Amusements, Lt<i. (Auckland), is explained by the reports and balance-sheet prepared for a CTnerai meeting of shareholders. Tiiey .show that the result from the operations of "Wonderland" during the period of the Exhibition was a net loss of £3,820. After a lively meeting of shareholders it was decided to approach the city council and ask permission to carry on an amusements park in the. Exhibition Grounds daring the coming summer, and thus endeavor to retrieve the loss sustained during the Exhibition period. Ihc (shareholders in the Wellington Farmers' Bacon Company, at a meeting at Pahiatua. decided to take steps to reconstruct the company, with a .nominal capital of £15,000, and a representative committee was appointed. An organiser is to be engaged.

AMALGAMATED ZINC COMPANY.

MELBOURNE, July 9. Thejatest dividend paid by the Amalgamated Zinc Company brings the total disbursed to half a million sterling, which is tqual to the paid-up share capital in the company.

STUD SHEEP SALES. Press Association—By Telegraph— Copyright. ~YDNEY. July 8.

The following prices were realised- for lots submitted by New Zealand breeders at to-day's sales of stud sheep:

On account of Mr Dowthwaite. a Border Ijeieester ram fetched 37 guineas, others 31 to 28 guineas, and 10 averaged £2O 3s 3d; a- Border Leicester stud ewe fetched 20 guineas, and live averaged £ls lis 6d. On account of Mr Elisor (Raneiora), two Oorriedale stud ranis fetched 40 guineas each, and nine averaged £2l 5s lOd. On account of Mr Grant iTimaru), three Romr.ey Marsh stud ewes averaged £lB 18s. Heavy drafts of Lincoln and English Leicester and Border Leicester ewes, and ewe and ram lambs, on behalf of New Zealand breeders, ranged from 2 to 7i guineas. On account of Mr John Stringfeflow (Chertsey), one Corriedale stud rani fetched 20 guineas, two others 17£ guineas each, and 13 averaged £9 7s.

THE TALLOW SALES. Press Association—By Telegraph—Copyright. LONDON, July 8. (Received July 9, at 9.35 a.m.)

At the tallow sales 1,485 casks were offered and 845 sold. Mutton, fine, 355; medium, 325; beef, fine, 32s 9(1; medium, 39s 9d ; medium, 31s.

TTIE FRENCH LOAN. Press Association—By Telegraph—Copyright. PAR.IS, July 8. The £32,000,000 loan was subscribed fortyfold. ■ The feature of the flotation i 3 the number of small investors who have participated in the allotment.

THE MARKETS. Press Association—By Telegraph—Copyright.

LONDON, July 8. Wheat : The market .is steady, but qaiet. Visible supply, 31,285,000 quarters. Copper : Spot. £62 6s 3d; three months. £62 12s 6d; electrolytic. £64 ss.

Tin: Spot, £l44* 15s; three months, £146 ss. Lead, £l9 6s 3d.

THE MONEY MARKET. " The local money market continues steady, showing very little alteration since our last issue (says the 'Trade Review'). The bank returns -for the quarter just closed should be ont next week, and these may be expected to show further improvement in the supply of funds as compared with three months ago, due to realisations coming in from the season's produce. The export season, now practically closed, has proved a splendid one, eclipsing all previous records. For the year to March 31 there was an inceraae of over a million, and the two months following that showed a further increase of over & million; also, axpoTts were maintained during June. Though this is making funds more plentiful with the banks, and will cause considerable benefit generally, the next few months will witness heavier demands on the banks, and consequently Tates can hardly be expected to ease materially, though theTe will be an ample supply of funds for all legitimate requirements.' -