COMMERCIAL

Evening Star, Issue 16822, 26 August 1918, Page 4

COMMERCIAL

ATJSTRAIIAN BACON PRICES,

Press Association—By Telegraph—GopyrigM Australian-and N.Z. Cable Association.

SYDNEY, August 26.

(Received August 25, at 11.150 a..m.)

A Government notification withdraw/ tho recent reduction in hams and bacons and restores the previous prices.

HOME MARKETS.

Press Association—By Tdcaraph—Copyright Australian and N.Z. Cable Association.

LONDON, August 24. (Received August 26, at 1.15 p.m.) Cotton: September delivery, 23d and 44d.

Rubber: Para, 3s ljdj plantation, 2s lfd ; smoked, 2s o|d. Jute: Firm. October-November, 23id. Hemp: New Zealand in fair demand at controlled' prices. MILBUKN CEMENT COMPANY. The directors' report of the Milbiirn Lime and Cement Compauv, Limited. states that the profit and loss a-oeoimt shows a credit balance of £10,724. frog;. wlii<h the directors have already paid gf interim dividend at the k*o of 7£ psj cent, per annum, leaving a balance d £7,940. From this the directors recommend a further dividend at the rate of 7Jj per cent, per annum, and a- bonus of 2Jf per cent., and to cany forwnn'd tho balance, £3,300, to the credit of next year's profit and loss account. The business of the company for tho year has been satisfactory, notwithstanding the fgetthat the building trade has been seriously nffected. by the war. The demand ft a 1 qround lime and carbonate of lime has; been well maintained.

At the conclusion of the general inert ing of the companv, to be held in a fortnight's time, an extraordinary general meeting of the company will be held, when the resolutions which were passed at the extraordinary general meeting of the company, held on the 19th August last, will be submitted for confirmation as special resolutions. BRAN AND POLLARD. Locally bran is now quoted at £6 10per ton, a rise of 10s; while pollard ie a' £8 10s, an increase of 2s 6d per lon. PROPERTY SALE.

Messrs John Beid and Sons, Limited, offered by auction to-day two freehold properties. There was a good attendance, , but both properties were passed in. Private negotiations are proceeding regarding one—a property at Caverehan*. HORSE SALE, The Otago Farmers' horse bazaar report:—We held our horse sale in our bazaar on Saturday List, and offered an entry of 42 horses, light and heavy, comprising a few very useful young 'mares and geldings, just the right clifty sorts for farm teams, and winch had' a fair amount of attention by fanners and town contractors. Bidding was fairly brisk, and prices obtained were considerably in advance of recent values. Old and practically worn-out horses were unsaleable: spring-carters, active, qniet, and sound, are in demand, but not at much advance in values; harness and hackney sorts verv dragging. Our spring sale w'ill be held next week, when a good entry will be submitted. Quotations: Young, sound. sharp, clifty geldings, £25 to £26: extra heavy horses, £26 to £32: seven-year-old and over ma-res and geldings, £l3 to £2O: and what is usually termed aged, £lO to £l2; vanncrs and spring-carters, £l4 1o £2O; light sorts of harness horses at fluctuating prices.