COMMERCIAL

Evening Star, Issue 17968, 15 May 1922, Page 6

COMMERCIAL

GRAIN AND PRODUCE

Messrs Dalgety and Co., Ltd., report a« follows :

Oats.—Tim market la weaker. Wo quote: A Gart-ons, 2s 8d to 2s 9d; B Gortons, 2s 4d to 2s 6di; under grade, Is 9d to 2s 3d per bushel (sacks extra). Potatoes. —There is no change in the market. There are large supplies on hand to satisfy tho demand, which is not very strong. Tho only inquiry is for prime ! lines, any lots showing signs of blight being neglected. We Quote : Prime Up-to-ll ate s, £4 10s to £4 15s; others, £3 10s to £4 5s per ton (sacks in). . Chaff.—There is some little demand for I prime linos, which a-re saleable at late rales. Wo quote; I’rhne paten sheaf to £4 15s; good to best feed, £4 5s to £4 i 10s pcr.,«Vm, (sacks extra). SALES ON ’CHANGE: THIS DAY. Auckland. —South British, 36s ; SolI dim’ Lean, £97 15s. CORPORATION LEASES. .Messrs E. L. Macassey and Co. offered for sale by auction on Saturday a number of corporation properties, which were sold las under; —Allotment 5, block 42, Dunedin; sold to J. A. Wallace’s trustees, rental for the now term inf twenty-one years being £22 4s per annum, value for improvements £650. Allotment 8, block 42, Dunedin; sold to J. A. Wallace’s trustees, rental for tho new term of twentyone years being £2l 5s 6d per annum, valuation for improvements £1,400. Allotment 9, block 42, Dunedin; sold to Messrs Geo. Simpson and Co., rental for tho new term of twenty-one years being £9l 10s per annum, valuation for improvements £2,832. Allotment 11 a.nd part allotment 12, block 42, Dunedin; sold to Messrs 0- W. and J. C. White, rental for new term of twenty-one years being £42 7s 6d per annum, valuation for improvements £2,400. Allotment 17, block 42, Dunedin ; sold to Air R. S. Wardrop, rental for the new term of twenty-one years being £22 per annum, valuation for improvements £1,494. -Allotment 64 of section 6, bloc!, 7, Town District; sold to Air W. M'Lellan, rental for the new term of twenty-one years being £5 per annum, valuation for improvements £SOO. Allotment 8 of sections 1 and 2, block 4, Upper Kaikorai District; sold to Air J. J. Purdie. rental for the new term of'twenty-one years being £25 10s per annum, valuation for improvements £450. Allotment 10, subdivision of sections 1 and 2, block 4, Upper Kaikorai District; sold to Airs M. L. B. Afiller, rental for the now term of twenty-one years being £5 10s per annum, valuation for improvements £SOO. Allotments 17 and 22 of sections 8-10 and part 53, Wakari District; sold to Air D. Anderson, rental for tho new term of twentyone years being £l7 per annum, valuation for improvements £ls 10s. GRAIN AND PRODUCE. Afessrs Donald Reid and Co., Ltd., report as under: Oats.—The market is easier. AA 7 e quote ; A grade Gartons, 2s 8d to 2s 9d; under grade, Is 9d to 2s 3d. Wheat. —Alfilers are taking only goodconditioned lines. Fowl wheat is in oversupply. Potatoes. —Best tables, £4 5a to £4 15s; others, £3 to £4 (bags in). ('half.--Prime, £4 10s to £4 15s; medium, light and discolored, £3 to £4 (bags extra). trustees, executors, REPORT OF DIRECTORS, The annual report of the Trustees, Executors. nnd Agency Company of New Zealand .states; —The profit and loss account shows a net profit for the yean of £2,321 6s fid,- to which has to be added the bal a nee of £6,933 17s Sd from last year, making a total credit of £9,255 3a lOd. An interim dividend of 10 per cent, per annum for the half-year ended September 30, 1921, was paid, amounting to £SOO, leaving a balance to be dealt with of £8,755 3s lOd. Of this balance f lic directors recommend Urn following appropriation to be made: —Dividend of 5 per cent, (making 10 per coni, for tho year), £SOO ; bonus at 6 per cent, on £IO,OOO, £500; written off freehold property account, £100; balance to bo carried forward, £7,655 5s lOd. In terms of the Act of 1882 the retiring directors arc Sir John Roberts, C..M.G., and Air Alexander Bathgate, who, being eligible, offer thernsekes for re-election.