LATE COMMERCIAL

Evening Star, Issue 20040, 4 December 1928, Page 6

LATE COMMERCIAL

LONDON WHEAT MARKET. Press Association—By Telegraph—Copyright. LONDON, December 3. (Received December 4, at 11.25 a.m.) Cargoes,arc steady on better American cables, and mostly 3d higher, but there is little business. Parcels are harder, but there is small trading. Liverpool futures: December, 9s OJd; March, 9s 25-8 d; May, 9a 3d; July, 9s 3 5-Bd.—Australian Press Association. A.M.P. SOCIETY. All . now policies issued in _ the participating section of tho society’s ordinary department before the close of tho year’s accounts, December 31, will be entitled to share in the bonus distribution for the year 1928. Year after year, these bonuses have shown steady increases, those allotted for 1927 being on the average over 50 per cent, higher than those of 1920. Last year, the cash surplus divided after appropriating considerable reserves __ on a basis ensuring impregnability, amounted to nearly £3,000,000, making tho total distributed in _cash bonuses since the society’s establishment, over £41,000,000; tlm reversionary bonuses added to the policies, for tho one year 1927, amounted to about £5,000,000. These figures represent fresh records in tho society’s history. P. AND O. COMPANY. Press Association—By 'Telegraph—Copyright. LONDON, December 3. (Received December 4, at 11.5 a.m.) The P. and O. Company, after adding £92,050 to reserve and setting aside £1,000,000 as premium received for tho issue of new deferred stock for new tonnage construction, shows a credit balance of £923,029. It is proposed to deal with this amount as follows:—Reserve for tho redemption of debentures, £103,132; Provident Good Service Fund. £20.000; and to carrv forward £121,929.

LONDON WOOL SALES

frees Association—By Telegraph—Copyright.

LONDON, December 3. (Received December -1, at 11.5 a.m.) At tho wool sales 10,008 bales wero offered, of which 3,001 wero Italian and 2,877 New Zealand. There was a small offering of greasy merinos, a large supply of scourcds, and an excellent selection of slipes, with a largo offering of second-hand greasy crossbreds. There was good competition for all descriptions at full date rates. The Bradford market is dull and somewhat easier, business being exceed' ingly small. —Australian Press Association. SALES ON ’CHANGE; THIS DAY. Christchurch. —National Insurance, Ids 4d,,10s 3d (six parcels). Sales reported: Electrolytic Zinc (pref.), 36s Gd (two parcels). Auckland. —Waihi, 14s 10d. Reporter! : New Zealand Breweries, 555.