COMMERCIAL.

New Zealand Herald, Volume XIX, Issue 6341, 15 March 1882, Page 4

COMMERCIAL.

New Zealand Herald Office, Tuesday evening. THE Customs duties to-day amounted to £ISSO 12s lid. Messrs. B. Tonks and Co. sold 40 casks salt and a quantity of provisions aud oilmen's stores. Satisfactory prices were obtained. At Mr. G. Lewis' sale of carriage leather and trimmings the trade was \ve!l represented, and fair prices were obtained. "SEW ZEALAND LOAN" AND MERCANTILE AGENCY COMPANY. The seventeenth annual general meeting of the shareholders in tbe New Zealand Lo,in ami Mercantile Agency Company was to have been held on the 3rd February. From an advance copy of the directors' report that was to be submitted to the meeting wo take the following:— The Directors in laying before the Shareholder.! for their approval and adoption the seventeenth annual report of the company, with balance-sheet comr risinc statement of accounts nude up in the colonies to 30th September, and in I-omlon to 31st September, ISSI, be? to call their attention to the results :-- The net profit for the year ISSI. inclusive of after deduction of cxpensia, interest, commissions) and income tax, writing olf stationery anil furniture, and making ample provision fjr »U bid and doubtful debts, shows a sum of £S<) 1« 12s. Cd, of which the directors recommend the following appropriation, viz.:—To payment of a dividend at the rate »f 10 per cent. p<r annum, and interest on capital p:tid in :idTanci on old sharps, £:i1.37C 9i: payment of bonus at 5 per cent., £15,637 10s; reserve fnud, £30,000 ; be carried forward, i»,120 13s. 6d : total, tsO.HS 12s. Oil. In July last an ad interim dividend was paid at the rate of 10 per per annum, amounting, with interest OB capital paM in advance, to iLlS.tiii 4s. (id. so that there is now left for distribution the sum of £31,3 ■*, 119. 01. From these figures IX will be seen that while iHe dividend and bonus now recommended are on a par with those of reccntycars, the snbstmtial addition of £30,000 Is likewise made to the reserve fund, thereby riUing it to i1200.U00. The rapid issue of terminable debentures .juriiij the past year at the lower rate-3 current twelve months ago rendered it dtairable in the interest of the company that power

Aoold be given under the artHes of association to , i£sje debenture, a-,: only .'or wmi of years bit in j p>rp-rui!v. An eiiraonliE&ry reneral meeting of ih-reholders was »ecor-i D ;ly held on 2nd September iis:, :he ne«siirj- in tne articles of oii-V>a* w*s nii-ie and in conformity therewith an-Vcxi'ins »-*re invited by lie directors in the fo ! .fowins*minth for th- i»ue rf -i per cent perpetual d»Vinafei at i;S7 pe* il*> 'be conversion of the C*~Ta-.T - s oalsti-dinj terrainible into 4 per cent. d?SK3-.srss on a like Kisii. Notwithst-and-in,'.•},> period daring which thi£ scheme has rxer! in Voke m< tie adverse condition of the mor.ey m.srke't. it has freely availed of br existing hiiii'r' c-f MrminaMede'Jtßtures, an! the success tins Fir attendant on the operation gives fiir promise of its incire extended adoption by the inve ting public. Dsri-? the t ist year there bid been a satisfactory inin ihf development of colonial shipments, not ■ ,-dW o' wool !)=: of other produce, and while the prices of the staple article of eiportfrom the colonies rul htr- twelve m inths have not been quite m»;:2Uiir.-iJ- the decline ia values his ia a great in>-,r.:re been :r.et by the increase of supplies. The judrel by the eio«rineaul ventures made bysteamers fro:r. Au=tril:a, rr>-»y be considered assnred, and the »Tvr;:'.n of like facilities to New Zealand will provide an for the consumption not only of the surplus m?at bu: 21.0 of the surplus dairy produce of that colony. I n conform ity wish the regulations of th ; artic'es of ar-rvrl.-.tion the Ktzht Honorable A- J. Mund»!l» and Mr. Porter retire from the Board of Directors but o-fer themselves for re-election. The A-jd : or«—M»«r< Chirles .Tp>in Taylor and Hoderick J'ackay—likewise retire, but being eligible for retlxtioa again o3er their services-

WOOL IMPORTERS 1551. -S"o. of >~°- of bales. **!«»• \s«r»'i".n lion- Ma .. .. 17.033 in «. Land, and Eedfern AlexanF ! ™ince Co S5 044 derandCo. .. 15.703 N»=Tz=alar.d Loia ' TV. Grice aadCo. 13,951 an." Mercantile James Morrison i-encrCo. .. T;,9K and Co. ..13,534 ralgety; Da Crez, National Mortgage =and-i-=on Marrav," '"" of New Zealand 13,543 "and Co .. ."• 4C.533 A. Bxrdsdorf .. 13.4»o A L Elder .. 40,Cv0 E. Holt and Co. .. 12,507 J Youci Eiders Bank of Australana f - o. .. Si.iW «ia .- 12,320 R. Brooks and Co. 23/J76 E. Staveahagea .. 11.4M C-n-m-rcial Eank Miles Brothers of Sydney .. 22.557 and Co. .. 10.959 Leishniin,' Inrlis, New Zealand and iQ , i-o " . 23.927 A ustralian Land F. HiithandCo .. 20,501 Co. .. 10,170 Bank New South Besides a large number of smaller lots. The tre the quantities imported into London from New Zealand :— >"o. of No- of bales. biles. :.";w Zeiiind Loin Eowley (c BrnWw 273 am! Mercantile J. Cniickshank \..'ncv Co. . 4C.157 and Co 254 A*l!"Eider .. 13.173 Ross and ulenden-Da!i-:v, Da Crcl. nin; .. .. 231 ajJiCo li.soi J. Yonng Ehlers Vatiinal Mortzaic and Co 224 " and Aeency'Cb. S. Beaky .. .. 2iO of Sex Zealand 12,432 Ii. T. Turnbull and Marrav, Co. .. .. 212 and Co. .. :. 11,747 W. S. Grahame .. 191 MMes Brothers and H. L. Bsanuhamp Cj 10,«o9 and Co 134 Redfirn Altunder H. Greenwood .. 1S4 and Co 3,05C Ge.rd and Sen .. 177 New Zealand and Manning and Co. 177 Australian Lmd Y. H.aDdA.Collier 173 Co." .. •■ 0,719 New Zealand Meat iuitralian I'reserrin? Co... 165 sa-'e Land, and Potter and Co. .. IK Kni'nceCo. .. 0,313 \V\ Bateman and Sons .. .. 153 Wales .. • • * 733 Chalmers, Guthrie, Richardson Bro- and Co .. .. 150 thc-:s ami Co. .. 4,073 Liughland, MacR .. 3,041 kay, and Baker 145 K Brooks and Co. 3.HX -7. Drake and Co... 134 Johnson i: Allsup 2,652 V. K. Graham and Mitheson and Co. Co. .. .. 119 V IluthandCo... 2.SJ2 G.Gibson.. .. Ill) •Hrn--5 Morriion Tiiomson Brothers 117 and Co .. .. 2,370 Mort and Co. .. 1TO Sinclair, Hami.toii, Scholefield, White, and Co .. .. 2,307 and Co 100 Se»- Zealand A~ri- K. Whittingham cuI'uralCo. .. l.fiM and Co 10-J Bankof Australasia 1,090 Forbea, Forbes,and X. JH*ini3 * Co. 1.4OJ Co 101 Scales and Holers 1,2'JQ ft. Kichjntson .. 90 -V!exr. Sclaaders L. U. Nv.han and an ,!C-> 3.151 Co S3 Thomas An.lerson 97S Cliaytor and Co... 52 Edwards, Bsuaett, P. C. Don and Co. 76 and Co 70s J-iglnband, Allan, Ferwick and Co... <>5i and Co 7S J. il'Ewan ana Ci. 617 Frith Sands <t Co. T.I Canrills, Joachim. 11.'Jray .. .. 70 and Co 475 II. Jowitti Sons.. 09 .1 S V-all.. .. 374 J- Terry and Co. .. 5d J A. ISowron .. 352 Forwood Brothers 55 Vtkins and Co. .. 349 W. Grice and Co... 53 Fiiilay, Campbell, f- J- Boa-.ock .. 51 and* Co. ..* .. 344 Eistem Agency Co. 51 Shaw Savill.-t Co- 311 yuantities below H s Llovd a Co. 300 50 bales.. .. -SOT Henry Fiil'.on .. 293