COMMERCIAL

Otago Daily Times, Issue 12419, 31 July 1902, Page 4

COMMERCIAL

Daily Times Office, Wednesday evening Hie tvniount of revenue collected at tlm IJunedin Custom House to-day on goods Olcatea top consumption £1377 12s 3d. The Auckland Gas Company has declared its usual dividend of 7s 6d on the fullv paid-up- shares, and a proportionate divid.,,on contributing shares, absorbing •/10,433. They carry forward JC1758, A meeting of the .Southern Starr-Boivkett Society vyas held in the Zeaiandia Chambers on Tuesday evening for the turpose of ballotmg for a free loan ot £500. The result of the ballot was that the loan fell to cluster No. 225, the shaves being lield hv two members, one of whom obtains £<00 and the other £100. •• COMMERCIAL CABLEGRAMS. Press Association—By Telogwph-iCopvright. . LONDON,' .Titiv 23. (Received July Ii(l, at 11.8 a.m.) Y, 1 . 1 ?®. 1 ?, 1 ? 1 quantity ot wheal ufloat for Ihc Llilt«l Kingdom is 2,150,000 quarter, and for the Continent 050,000 quarters. 13ank Shares.—Australasia, isn 10s- Xcw So «! h Wds, m Hi., The rest arc unchansecl. Spot, £128 15s; three uiouilis, £1-26 .-laa^

NEW ZEALAND BEFIUGERATING COMPANY. ; The following report will bo submitted to the shareholders of the Nov.- Zealand Refrigerating Company at their annual meeting on August G: — " Tho directors beg to submit to the shareholders the accounts and balance sheet of the company for tho year ending June 30, 1902. The operations for the year have been <59,141 carcases of mutton and 60,810 carcaacs of lamb, making a lotnl of 185,951 carcases. In addi-' tion, 2215 head of cattle hava been slaughtered and frozen, whilst 32,565 crates of rabbits have a,so been frozen for export, showing r considerable shrinkage in the output" u compared with the previous year. The directors regret that the year's operations, as showji by Iho profit and loss account, result in a loss of £15G7 9s Bd. The past season has in most parts of Otago baeri. the worst for fattening for many years, and consequently not much more uian half the usual uumtwr of, lambs have bscn available lor export. The' profits on the working of the business have and but for tho losses on meat shipped during the previous year, hp.vc sinco come to account, a fair dividend could h(tve been paid. During tho bulk of the past year the London market has been in a most disorganised state, wid abnormally low priccs hnvo ruled for all classcs of frozen meat., In accordance with tho articles of aaaociatiou, two of % 'directors (Mr Win. Patrick and Mr James Smith, jun.) retire, and offer themselves for re-clection. i f editor (Mr Oeorgo Blythj j also retires, but oners himself for re-election*.'

LAND SALE. Messrs Wright, Stephenson, and Co. report having sold by private treaty, on account of Mr John Mocpherson, Balfour, block LXXX Waimea estate, containing 630 acrw. to Mr Andrew Small, Lumsden. INVESTMENT STOCKS.. The, Dunedin Stock Exchange reports the following quotations 'yesterday:— Banir of New Zealand-Buyers £3 Is <kl. £11(1« 1 L ' me a " • C6mCDt (£1 P ai<] )~ Selle » Otago Daily Times—Biiyerg £11 103. Barr, Lea_ry, and Co., stock and sharebrokers, Uuncdm.—lnvestment shares and debentures a specialty. Communications invited re inveat-n-.ents for small or 1 large sums. Investment AM can be suppliedUot market qnotations.-