COMMERCIAL.

Evening Star, Issue 16665, 22 February 1918, Page 1

COMMERCIAL.

OTAGO MUTUAL STARR-BOWKETT SOCIETY. ANNUAL MEETING. About 50 shareholders attended the annual meeting of the Otago Mutual .StarrBowkett Society held last night. Mr R. 1' arrant presided. The Chairman, in moving the adoption "f the annual report and balance-sheet, said that in many cases the money disposed of had been instrumental in helping members to obtain homes of their ow«° which, without the existence of such a society, they would have been unable to do There was one vital question of policy to which the directors wished to draw attention. Next year the society would have been in existence 15 years, and according to the amended rules the members at the end of that period have the privilege of voting on the issue as to '•'bother the society should bo wound up >r should continue in existence. The present profit and loss account showed a credit of £8,256, which meant that each share was worth £9 \Q S sd. The Mutual Help—the parent society—had been successfully liquidated, and each of its members had received £lO Is per share The chairman referred to the advantages of joining the No. 2 group. The limit was 40O), and according to the law under whicn the society wa.s registered the society was allowed five years before Closing the share list. Major Fleming seconded the motion, winch was carried. Messrs W. H Adams and John Watson (the retiring directors) were elected, as Km° I.TA *£% Tet r in « au < Jit °« (Messrs Hugh Mitchell and J. T. Hamanrl). the directors' and auditors' were nxed at the-same rate as formerly. The disposal of £SOO, free of interest, v, &c Up ' *? y ballot ' fell t0 caster -\o. The sale of a loan of £SOO in -No. 1 group resulted in £lO 5s being obtained ; and a similar amount in No 2 group realised £3l. AMERICAN WHEAT. CHICAGO, February 21. (Received February 22, at 10.35 a.m.) Estimates of the supply of wheat and ? QQ7 i° f le Kock - v Mountains are 15,997,000 bushels. AUSTRALIAN PRODUCE. .SYDNEY, February 21. Oats : Algerian feeding, 3s to 3s 3d; milling, 3s 3d to 3s 6d ; Tasmanian, 4s to 4s 3d. Barley : Cape seeding, 4s to 4s 3d. 5 ? to r,h M - Potatoes : Tasmanian, £4 10s to £7 10s. Onions, £7. ADELAIDE, February 21. Oats : Algerian, 2s 9d to 2s lid. MELBOURNE, February 22. (Received February 22/ at 10.15 a.m.) Barley : English, '4s lOd, 5s 2d; Cape, 3s 3d. Oats : Milling, 3s, 3s Id; feed, 2a lOd, 2s lid. Potatoes, £3, £5 10s, Onions. £6. £5 lfia.