COMMERCIAL.

Otago Daily Times, Issue 14446, 12 February 1909, Page 4

COMMERCIAL.

LONDON .MARKETS.

Press Association—By Telegraph-Copyright. LONDON, February 10. At the tallow auctions GSO casks were olfnred, and 86 sold at 6d decline. Wheat: Cargoes of Au-lralian sold lo 33s 6d. Copper: Spot. £53 lis 3d: three months, £59 10s; elect rolytie, £02 ss. 1 in: S[xit, £126 7s 6d; tlireo months. £128 12s Ul. Leatl, £1?, 10s 9d. Silver. 23 IS-Kkl per or.. Consols, £24, Stocks and Shares.-Banks: AnstraiWaLuyers £110. sellers £111. \ cw Soufll Wales-Buyer.! £.1-1 10s, s ,.||,. rs £45 ]o s. t.mon-Buyers £60 2s 6d. sellers £61 10s wSUnSSV""

IttDK SALES.

Press Associstioi:—By MI.LIIOMiXI';, Feliruarv 11. (Heeplyed Feb. 11, at 10.58 p.m'.l At the hide sales there were small supplies. There was good competition, and prices were lo'in.

TIIR FKtV.KN MEAT MARKET.

(Pep. I'.viTKn P;u:ss Associatios.) NAPIER. February 11. Ino C.('. and L). Company (Lr.mlon) cabled the following repott of the frozen meat market:-" The re was a fiuiher fall m the values of million ami beef. To-day's ((notations: Canterbury mutton, 3£d; Napier, Wellington, and North Island, 3d ; lamb, seeotul iptalilv, 4{d; kef. hiuds 3d' fores 2;d.''

CIIRISTCIIUROII MEAT COMPANY.

ANNUAL REPORT. The annual reiwrt. for tY> year eixled October 31 toys"On accoii::' of the {f'.'nonally unfavourable ecason for fatten. Mifi purposes e.xporieik«t ihrom;li<-m the wM,u of the South Island, a coiteultrab!" 'Wcaso has to be reported in the volume ol '"aniffs t«'J!Wctod during tho nast. Ti<» ijijgatitjr of ssock put through

tlie various works totals 1.174.339 carcases, being a. of 41f),293. A large sum has again l>ecn spent in renewels and rcplaeemenis to bitildiiVL's. machinery. and' plant, the Mini of £12,024 5s 6(1 having been expended at:d written olf in order to keep the works in thoroughly good order and repair. The h.ihme at credit of profit ami k-s.s, as fiioun by th? accompanying figures, after providing for til" inrpritn dividend already paid of £0586 3s 3d, amount*, to £27.997 <s 3ti. wliicli Ihe ciiieetors wt«mliie:nl should lie disposed of a-; follows; — To write oil' for depreciation on works and plant, £7000: to add to iwrvo (making this fund £55.000), £500; to pay a dividend of 4 per cent, for the. half-year ended 31st October, 18C8 lurking 8 )/er cent, for the year), £6616 6s Id; leaving an amount, to c-arrv forward of £9350 l!k 2d: total.. £27,897 <s 3d. It. is «iH. dcop regret «»t the directors have to record the death of' one of their number Mr (icoige (!. Stead), who during his tenure of office always took tJin deepest interest in the affairs'of the comjwny. The vacancy caused hy Mr Ktend'i death has Ikctl filled by the appointment of ilr 11. A. Knight' of Racecourse Hill. Mr .Tolei Roberta. 0.M.C., was recently reluctantly compelled to resign 'his scat, on the loard, and the shareholders will 1)0 called upon lo elect a director to fill the vacancy thus caused. The director retiring by rotation is Mr F. do C. Maid. who. being eligible, oilers himself for re-election. The joint auditors, Messrs 1!. Hill Fisher and 11. If. Modlin, also relire. and the respective firms w.ith which tl'.ey are rjiiociated, Messrs I'. Hill Fisher aiuj Fon and Messrs Modlin, Crane. and Co., offer thomHves for 're-election."

lIOTET, SALE

Mc?.?r s F. Carter and Co. report having eff'cled ihe sale of the lea-e, slock, anil furniture of the Metropolitan Hotel, Maelaggan street, Diinedin. to Mr Thomas Oranl, lale liolelkeeper tit Miltou and Clyd", at. a satisfactory figure.