COMMERCIAL

Evening Star, Issue 17155, 23 September 1919, Page 6

COMMERCIAL

SALES ON 'CHANGE: THIS DAY. Auckland. —Sale on 'Change i Talisman, Us 4d - Wellington.—Sales reported : union Bank, £6O 10s; Union Steam (prof.), £1 Is 3d. . Christchurch.—Sales reported : Ivauvpoi Woollens, £8 ss. Sales on 'Chmgo : Now Zealand Refrigerating /10s paid), new £1 6s; Burns. Philp, Kvdney, £1 17s 3d ; New Zealand Farmers, £2 7s 6d. PROPERTY SALE Messrs Park, Reynolds, Ltd., held a sale of propsrty by auction today, when the following sales were effected :—Allotments 1 and" 2, block 1, Mornington, containing 24 poles, with five-roomed cotxige (No. "1.9 Parkhill avenue), ;corner of Meadow street : Bidding starts! at £l3O, and at £240 it was knocked dvwn to Mr Gregory. Part of sections r A and .37, block 33, Dunedin, fronting Cumberland street, containing 34.19 poles ;the sectidn bein<* 66ft in width at the lack and a frontage of 2Mt 7in) : This fwas keenly competed for up to £325, at which price Mr Htewart was declared the purchaser.

The ' "Wairnrapa Farmers' ,'Co-operativa Association is an unusually healthy concern. During the past yea; the capital was increased by over £6OOOO, yet tli-s net profits amounted to £35,090, so that with what va« carried forviird from the previous year, the sum oil £38.410 was available for .distribution. (From, this a dividend (tree of income lp) of 10 per cent, for the year will b<? paid; 3 per cent, will be .distributed as i bonus among shareholder cus'jomers, whojalso get a tobate of 15 per cent, on thur purchases; 5 per cent, is given to the forking- hands who have been a year and be in the eraploy of tho association, am the directors are empowered to suitably recompense the heads of departments, j