FINANCE AND TRADE

New Zealand Times, Volume XXXI, Issue 6745, 17 February 1909, Page 4

FINANCE AND TRADE

LONDON COMMERCIAL CABLES. LONDON, February 15. The wheat and Hour afloat for the United Ivirißdrjin is 3,51-5,000 quarters; lor tiio Continent, 1,.'ISO,000; Atlantic shipments, 201,000 quarters. Tin." total shipments to Europe lor tlie week amount'-, to 1,525,0(10 quarters, including i2-,OJO from Argentina and Uruguay. Silver is quoted at 233 d per oz. AUCKLAND WOOL HALES. i'lffjgS ASSOCIATION. AUCKLAND, February 10. Over 1700 -bales were oft Y-ml at the tiara ~,,( ii„„l wool ---oil! of Iho season to-day. Cont.ary to execution, then; was competition. If*nl buyers blddm;; freely nml l-ikiii" ii I'air share of Hie otierniKs. l',i„..;r<„-ra.-di- J .i. crossbred ranged i rom (id k, 7-id, hallorcd mid fine orossbd.d n;.i to 'K.;a, which was tb top liriw, («™ crossbred 51d to fi.'.d, lambs SJ<I to 7<t, stained arid bush wools 5d to aid, bellies and piece"* Ikl to -lid. licttcr i-oiopt-iition than at the January (Wile;- was noticeable for stained and bush wool prices betni? from id to id better. Bellies mid P>»*es also were ratlier better, while hh:)n".r sratlo wool made about tlio buuio values, us in January. DUNEDIN STOCK EXCHANGE. I'REBKI ASSOCIATION. DUCNEDIN, February IG. Stock Exchange- sales:—Rise and Sliino £1 lis, Waihi Unaud Junction A.V Cs 3d. On March Ist the directors of the Stimilnrd Eire and Marino Insnraneo Company will priwfr.it their thirty-fifth annuu'l report and balance-sheet to shareboldem. The report shows that the incomo for tho yeiu;, includine; the balance brought forward from last yen', amount:. to .£113,022, r.iul the expenditure to .£97,150, leaving u balance of .£15,505. From this nmoutr.fc an interim dividend wits paid in Juno last amounting to £'M2. The directors recommend that the balance bo apiJropriatcd as follows: Dividend for haln-yonr ended December 31st, at the rate o£ 71 per cent., ,£2812; bonus of 2J per cent.. .EIH7S; leaving .£BOOS to be carried forward next year. Full provision has been made in the accounts for all ascertained losses to tho close of tho year. The Hon. Thomas Fergus and I)r T. W. Hocken retire from tho directorate and- both offer themselves for re-election. Tho Customs revenue received at Wellington yesterday totalled M 917.