COMMERCIAL.

Otago Daily Times, Issue 17516, 7 January 1919, Page 4

COMMERCIAL.

NEW ZEALAND AND RIVER PLATE LAND AND MORTGAGE CO. CPBR TJjfITUD PRESS ASSOCIATION.) APCKTiANiD, January 6. advko states that at the annual meeting of the Ntew Zealand and River Plato Land and Mortgage Company, Ltd., to be •held on January 14, tie directors will recommend the payment of a dividend of 7 per cant., less British income tax, making, with the interim dividend already paid, 13 per cent, fox the year; and that £20,000 be placed to reserve, aid £20,428 be oaaried forward. The net amount of dividend will be approximately la p«r share. -<»

DOMINION CUSTOMS REVENUE,

DECREASE IN DECEMBER. (Paa Cmited Fbess Associatioh.> AUCKLAND, Jajiuary 6. The Customs revenue throughout the dominion for December totalled £230,311, and the beer duty £21,764, compared with. £278,680 and £23,075 respectively for the previous December.

GRAIN AND PRODUCE SALES'.

Dalgety and Company, Ltd., report as .follows:—Oats: Stocks are very light, and offerings of late have been small. Any good ! bright heavy samples, suitable for milling purposes, are readily disposed af on arrival at quotations. The shipping inquiry during the past fortnight has been slack. Ji'eedl lines, which have been offering sparingly, meet ready sale. We quote: Prime milling to 5s 8d; good to best feed, 5s 3d to 5s 6d; medium to good, 63 to 5s 3d per bushel, sa-cks extra. Wheat: Practically nothing offering. Potatoes: Supplies of old season's are almost exhausted. The few ama.ll consignments of freshly-picked lots that have been coming forward have gone into consumption at prices ranging from £10 to £15 per ton. New season's tubers aire now offering in larger quantities, and prices have eased in consequence. Good locals : are fetching from 2|d to 23d per lb; others, from 2d to 2Jd per lb. Chaff: The market of late been barely supplied, and all oonajgnmenta have been cleared ,on arrival at quotations. Bright, heavy oaten sheaf continues in. better demand than medium quality, although the latter quality has been receiving mare attention in view of the lighter supplies. We quote: Choice quality, £8 10s to £8 12s 6d; good oaten sheaf, £8 to £8 7s 6d; fair to good, £7 to £7 15s; medium, £6 to £7 per ton, sacks extra.

Donald Reid and Co, Ltd., report: —Oats: The demand ■is chiefly confined to millers? purchases, there being little inquiry from shippers. Stocks held locally are very low. Any lot' of prime milling coming to hand meet with ready sale. We quote: Prime milling, 5s 8d; good to best feed, 5s 3d to 59 6d; inferior to medium, 4s 6d to 6s per bushel, sacks extra. Wheat: A few small consignments, both Tnfiling and fowlwheat, have been arriving and meet good demand. Potatoes: There is little inquiry for oldl potatoes, but any lots of freshly picked still have a fair demand. The new season's crop is arriving more freely. We quote: Prime freshly-picked old potatoes, £10 to . £15; freshly-dug new season's potatoes (locally grown), 2Jd to 2Jd' per lb; others, 2d to 2Jd. Chafi: There is good, demand for prime chaff. Consignments have not been coming forward so freely lately. The market at present is barely supplied, and any lots arriving meet with prompt sale. We , quote: Best oaten sheaf, £8 to £8 7s 6d; choice, £8 10s to £8 12s 6d per ton, bags extra.