COMMERCIAL.

New Zealand Herald, Volume LX, Issue 18585, 18 December 1923, Page 7

COMMERCIAL.

' ' . . —~ : ... ( . . p ' LOAN AND MERCANTILE. > DECLARATION OF DIVIDEND. The New Zealand Loan and Mercantile Agency Company, Limited, has ' reoeived a cablegram from its bead office in London advising that at the annual meeting held December 13, a final dividend was declared for the year ended June 30 last, at the rate of ,2£ per cent, (less English income tax at 2s 2£d in the £$ x on the five per cent. Cumulative Preference Stock, and a dividend a,t the rate ol 4 per cent, (free of English income tax) on the ordinary 'stock.. Notice to New Zealand stockholders regarding payment of the 'dividends will be found in our advertisement columns.

BRITISH BOOT TRADE. NEW ZEALAND ORDERS.; Th* Leather Goods Recorder states "that exports of boots from Britain during the present year have almost consistently increased each month. In January. 592,524 pairs, valuedAt £278,245 were exported: in May the figure* wore 681,7 pairs, valued £ 845,912: in August. 808,183 pairs value £446,593; and in September, 1,141,440 pairs, value £545,477—an average value of 9s 6d per pair! ' . ~' . , The exports for the nine months compared with 1922 and 1921 were: Nine months. 1921, 2,859,568 pairs; 1922, 4,018,260 pairs; 1928, 6,560,566 pairs. ; ~ . . . . It is significant that Australia m September took over 86,000 pairs of boots more than in August, while the increase for the month to New Zealand was no less than 240.000 pairs.

i LONDON DAIRY QUOTATIONS. (B* - TILZGttATH. —OWN COfiBKSPONDKNT.] Hamilton. Monday, The New Zealand Co-operative Dairy Company, Ltd,, ha# received a cablegram from its London manager, Mr. J. B. Wright, stating the the price of Anchor butter is 2165, with unaalted selling at a premium of 4s. The retail prices are unchanged, but the market is quiet, and lower . prices are anticipated after the holidays,. The cheese market is, also quiet, with white selling at 108s, and. coloured at 110s. The retail price of cheese is unchanged, but Mr. Wright anticipates lower . prices next month ox even earlier.

LONDON WOOL MARKET. The Produce Department of the Bank of New Zealand' has received .the following advioe from its London office, under date December 18:-- . ... . Wool.—The sales progress with a strong market and an upward tendency. Compared, with the dose of last series, greasy Merino is lid, fine crossbred 2d, medium crossbred 8d to 4d, and coarse crossbred 3d per lb. higher. . • .

QUARTZ CLAIM FOR SALE. . T. Mandeno Jackson will offer for sale by public auction at their rooms, 9, Commerce Street, at 11 o clook this morning, Mftoriland special quarts claim of 100 acres, situated Waitekaun, dam and battery sites. 10 head stamper, battery and cyanide treatment plant, tram line, smithy, as jay oinoes and other •buildings, on behalf of "the Mainlands Mines. Ltd* (in voluntary liquidatloiv). ' v- v ".

MANAWATU STOCK SALES. Dalsety and Compaq, Ltd., Palmerston North, report: At the Feilding sale on Friday, there was a very fair yarding of sheep and a large entry of cattle. Sheep met with keen competition, a number of lines of cattle were ■ passed. Quotations: Fat lambs, 23s to 265: fat 2-tooths. 24» to 27s 6d,; fat wethers. 29s 9d to 82s 6«: fet ewes, 21s, 235. 245: small mixed 2-too.hs. 15s 6d to 17s; medium Si-tooth ewes, vSs 4d to 23s 8d: 2-tooth wether#. 23s to 2>s;fat bullocks. £7 to £7 6s: fat heifers.. « 2» 6d to £& 18sj fat cows £5 10s_ to £6 15s; 4-year coloured bullocks, £4 16s; 8 and 4year Hereford bullocks. £4 17s; 2 and, 4-year fresh-conditioned P.A. bullocks £5 7s; yearling P. A. heifers, £2 10* 6d; forward cows. £2 7* 6d. ;..< % v,..; .. i ~

PROPERTY SALES. ! Neville Newcomb,. Ltd., will offer by auction, to-day aft 18 noon, at their rooms, 8, H.M. Arcade, Queen Street, the following properties in the estate of J. J. Craig, de-ceased:—6-Roomed Bungalow. No. 7, King George Avenue, Epsom: 5-roomed bungalow. No. 7, Woodhall Road, Epsom; 7-roomed residence and 8 acres ; land (easily subdivided). No. 45. Owen* Road, Epsom r 3.2 acres, Panmure, in two lots, j-mile EUerslie railway station; seaside sections, Onerahi; 3 unimproved farms, 47, 60 and 40 sores, situated respectively at Pukeatua, Mairetani. and Wharehine; and 953 acres near Mara#tai, and 498 acres at Waiheke, both having very large harbour frontages ;# and also, instructed by the mortgagee, 4-roomed bunga.ow, Wo. lft Oxton Road. Mount Albert. Mr. C. F. Bennett will offer for sale by public auction at his rooms, N.Z. Insurance Buildiifi, Queen Street, at noon to-day, by order of the Public Trustee, 2-storeyed bnok hoi, 0f.7 rooms, at No. 67, Belgium Street, City; 6-roomed wooden dwelling, at No. 69, Bel jium Street: a 6-roomed houses in O'Neill Street, Ponsonby, Nos. 60 and 53; 6-roomed house, . and 4-roomed house, Nos. 13 and 14, Montague Street, Newton; also on behalf of owner, modern bungalow of 6 rooms, on Urge freehold section, in Bell Road, Remuera, and 3 freehold sections with beach frontage at Beachlands. , The New Zealand Loan and Mercantile Agency Co., Ld., will offer for sale by publio auction at their land sale rooms, Lower Albert Street to-day. at 2.30 p.m., under conduct -of the Registrar of - the ■ Supreme Court, fruit farm of 16 acres, at Glen Eden, with house of 5 rooms and cottage of 3 room* thereon; also in estate of late J. A. Benall, "Waiufcu, three farms at Kohekohe, of 400, 274 and 143 acre# each; l also business oection. Balmoral Road, off Dominion Road, frontage of 43ft^by 160 ft. ,