UNITED BUILDING

New Zealand Herald, Volume LXXI, Issue 21396, 20 October 1934, Page 9

UNITED BUILDING

AUCKLAND SOCIETY'S YEAR PROFIT SLIGHTLY HIGHER Tho accounts of the United Permanent. Building and Investment Society of Auckland for the year ended September 30 disclose a net profit of £6164, as against £6046 earned in tho previous year. The year's dividend is being maintained at 5 per cent. With £lOl2 brought into tho accounts there is £7l/6 available. An interim dividend of 2£ per cent absorbed £2460, and the directors now .propose a final dividend of a similar amount and to transfer £1250 to reserve, leaving £IOO6 to be carried forward. The appropriation to reserve will increase that fund to £19,250. Reference is made in the report to the loss tho company suffered by the death of Mr. Robert Burns, a member of tho board of directors for many yehrs, and late chairman. The retiring directors; Messrs. A. M. Howden and W. jN. Leatham, are offering themselves for re-election. Profits and appropriations in the last three years have been as follows: 1932 1933 1934 Brought forward .. £959 £BB6 £1,012 Net profit .. .. 6,830 6,016 6,104 £7,789 £6,932 £7,17G To reserve . . .. 1,000 1,000 1,250 Dividend p.c. p.a. 6 5 5 Amount . . .. 5,903 4.920 4,920 Carried forward .. £BB6 £1,012 £1,006 Interest received showed only a small decline of £BS to £0971. Mortgages are £1461 lower at £142,256, while tho holding of Government and local body loans has risen to £3416 from £1986. A now asset in properties appears at £2223. Paid-up capital remains practically tho same at £98,416, whilo deposits, on which interest has been paid, are a shade higher at £30,176. The liability to the bank at £1338 compares with £306 a year ago.

THE CITY MARKETS

NEW SEASON'S GOOSEBERRIES HEAVY VEGETABLE SUPPLIES Only a few small parcels of strawberries are as yet coming to hand at the City Markets, but the first of the new season's gooseberries were offered yesterday, and sold at 13s 3d a case. Apples continued to sell at low rates and hothouse tomatoes dropped in value. There was a poor demand for pears. Ripe bananas and good quality New Zealand grapefruit jrere in short supply. The market was heavily supplied with onions, cabbage, rhubarb and lettuce, while there \*ere also good supplies of cauliflower, asparagus, beans, green peas, carrots, parsnips and beet. New potatoes sold freely at from lsd to a lb. The supply of poultry was heavy and the demand good. The prices paid remained unaltered. Values were: — FRUIT j Apples, Delicious, local, la 6d to 4e; Hawke's Bay, 5s to 7s 6d; Sturmers, 5s to 7s; Granny Smith, 4s to 6s; Munroes, 2s to 4s; Dougherty. 3s 6d to 6s; Statesman, 2s to ss; Home Beauty, Is to 5s 6d; pears, Coles, 5s to 7s; Nelis, 6s to 7s 6d; P. Barry, 4s to Cs Gd; passions, 6s 'to 12s 6d; gooseberries, first of season, local, 13s 8d per case; strawberries. Captain Cook, 2s to 3s 3d; Marguerite, Is 6d to 2s 2d; oranges. South Australian, repacks, 16s to 27s 6d (according to count) ; lemons, cured, 6s to 10s; others, 2s (id to ss; grapefruit, New Zealand, large, Gs to 8s; small, 4s to 6s; ! Californian, 28s; tomatoes. Island, origin- ! "Is, 9s to 30s; hothouse, 9d to Is 4}d a lb; •manas, 21s to 32s 6d; tree tomatoes, 4s 6d to 6s; new black, 6s to 7s; pines, Queensland, lis to 14s; grapes,. Califorian, Bed ; Emperor, 21s; coconuts, 12s 6d a sack; poinmegranates, lis to 13s. FIELD PRODUCE Potatoes, new, ljd to l|d a lb; Southern, 5s to 6s a cwt.; swedes. Is 6d to 3s a bag; onions. Is Gd to 4s; kumaras, 'ls to 5s Gd a bag; Island, 15s a cwt.; cabbages. 2s to Ss a sack; on benches. Is to 4s a dozen; cauliflowers, 2s Gd to 7s Gd a sack; on benches. Is 6d to 5s a dozen; pumpkins, best Triumble, 20s to 32s a cwt.; cucumbers, hothouse, •im to 6s a dozen; carrots, 6d to Is; parsnips, 9d to Is 3d; beet, Gd to Is; 6d to 9d; radish, 9d to Is 3d; spring onions, 3d to Is 2d a bundle; spinach, fid to lOd a dozen; leeks, 2d to 5d a bundle; green peas, 2d to 6d per lb; French beans, hothouse, 8d to Is sd; broad beans, 3d to 4d; marrows. Is 6d to 3s a dozen; lettuce, Is, to 5s 6d a case; celery, cooking, 2d to 4d a bundle: dessert. 6d to Is 3d; rhubarb, Is to 2s 6d a dozen; asparagus, 4d to 9d a bundle. POULTRY Cockerels, heavy breeds, prime, 4s 6d to 6s 6d; not-prime, 3s up; light breeds, prime, 3s to 4s 6d; not prime, 2s 6d up; fat roosters, heavy breeds, prime, 2s to 3s; light breeds, Is 9d to 2s 6d; fat hens, heavy breeds, 2s 9d to 3s 9d; light breeds, 2s to 3s; pullets, heavy breeds, best, Ss to 4a 6d; smaller, 2s up; light breeds, best, 2s Gd to 4s; smaller, Is 6d up; ducks, young. Is 9d to 2s 9d; old, Is 6d to 2s; drakes, young, prime, 2s 3d to 3s 3d; smaller, Is Gd up; old. Is 6d to 2s; geese, 4s to ss; turkey hens, 4s 6d to 6s; gobblers, 6s to 14s; cockerel chicks, heavy breeds, 6d to 3s; light breeds. Id to 2s Gd; day-old chicks. Black Orpington, 5d to 8d; Leghorn. 5d to 7d; guinea fowls. 3a to 4a; ducklings. 7d to 9d.

GOLD AND SILVER QUOTATIONS IN LONDON (Received October 19, 7.35 p.m.) LONDON, Oct, 18 Fine gold is quoted to-day £7 2s Id ounce, compared with £7 2s 7cl yesttvday. Silver is quoted at 232 d an ounce spot, and 23|d forward, compared with 23 J d and 24d yesterday. The quotation for silver at per fine oz. is 25§d, compared with yesterday. Following is a summary of the fluctuations in the price per ounce of fine gold this year:— ; £ e d Hisdie3t price, Oetobor 11 ~ 7 S 3 Lowest price, January 9.. 6 6 81 October 12 ~ ~ ■,, ■ 7 3 1 October 13 ~ ~ ~ 7 2 81 October 15 \ . ..731 October 16 ~ ~ ~ 7 2 9} October .17 .. ~ ~727 October .18 .. ..721 SALES OF DAIRY CATTLE HERD AT MORRINSVILLE The Farmers' Co-operative Auctioneering Company, Limited, report having held a clearing sale at Hangawere Road, Morrinsvillo, on Thursday, on account of Mr. A. L. Lambie. Tho herd, which camo forward in jtood order, consisted mainly of clean-bred Ayrshire cattle. Bidding camo freely from a ptood bench of buyer*), and a very satisfactory sale resulted. The 39 sound cows averaged £(1, whilo the whole herd, including everything, averaged £5. Extra choice Aythire cows, calved, £7 15s to £ll ss; choice Ayrshire cows, calved, £f> 10s to £7 10r ; Ayrshire cows, calved, £5 5s to £6 ss; Ayrshire cowa. poorer-conditioned, £4 to £5: Ayrshire cows, light, £2 12s fid to £3 15s; choice Jersey cows, calved, £G to £7 10s; Jersey cows, calved, £4 10s to £5 15s; Jersey and Jersey-cross cows, calved, £3 to £4 ss; yearling Ayrshire heifers, £2 2s 6d; Ayrshire calves, this season's, 25a; two-year Ayrshire bull, £5 10s; aged bay mare, all work, £4l. CLEARANCE AT HOROTIU Dalgety and Company, Limited, report having held a sale of dairy stock, on account of Mr. Richard Holmes, at Horotiu, on Thursday. Tliero was a good attendance and a, good clearance was effected at very satisfactory prices. The following were the quotations:—Jersey cows in milk, i'l 10s to £6 17s (id; L'Viesian cows in milk, £3 to £4 15s; Jersey heifers in milk, £4 15s to £0 10s; Jersey heifers, springing to calve, £5 to £6 10s; aged Jersey bulls, £3 10s.