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COMMERCIAL.

A meeting of .shareholders of t.ho Dan edin Starr-Bowkott Society was held last evening. Mr G. T. Sellout's presided. The 136 th appropriation i>f .0500 in the Nil 2 group was disposed of by sale, realising £6 per cent. Tlm i ; 2nd appro prie.tion of £SOO in the, In'". » group was tliaposod of by sale, realising £3l per cent. The Chairman referred to the advance in the rate of interest ruling at present, and pointed out that if shareholders; having mortgages falling duo worked out flu- rate paid by shareholders purchasing, against the ruling rato on a. general mortgage, they would find the .society's terms; advantageous. The society had* never looked for excessive premiums, and he counselled them not to be led away into such a course, notwithstanding his comment. The society had still some shares to dispose of, and applications vv.m'd be received for them. THE PRICK AM) RXPOTtT OF woor,. (Limdoit 'Tiroes' and Sydney 'Sun' Services.') LONDON'. October 26. There is trouble in the w0..! trade. It is contended that the price- of wool is unduly infliited. The Government having prohibited the exportation of certain classes has caused exporters who have large quantities of materials held up at ports being mulcted in Midi serious advance-; in prices that they objoi t to these wools leaving the country. They urge that the Government should, in order to prevent the taxpayers being further imposed upon, seize- the wool tops held up and fix a minimum price as is done with fo.xlst tiffs. ENGLISH FRl'lT MARKET. Press Assoriitinu —By Telegraph—Copyright. WELLINGTON, October 28. The Department of Agriculture .has received the following cable from the High Commissioner :■" The English fruit crop this season is unusually good. Apples are plentiful. American shipments are expected to ho heavy, the Continental ports being closed mi account of the war. Last sea-sou Australian prices opened well but closed badly, averaging 6s to 8s per case. It is hardly possible, under the disturbed conditions, to -..0v0 a reliable f'nroen?*. Prospects are decidedly uncertain."

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https://paperspast.natlib.govt.nz/newspapers/ESD19141028.2.52

Bibliographic details

COMMERCIAL., Issue 15635, 28 October 1914

Word Count
337

COMMERCIAL. Issue 15635, 28 October 1914

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