COMMERCIAL.

Otago Daily Times, Issue 19700, 29 January 1926, Page 8

COMMERCIAL.

DAIRY PRODUCE. Messrs Joseph Nathan and Co. have received the following cablegram from their London office: Butter, 1765. Cheese: Unchanged. The market is quiet. THE A.M.P. SOCIETY. The A.M.P. Society has closed its business for 1925. It reports another record. In the ordinary department, policies assuring £13,751,191 and in the industrial department £3,579,561—a total of £17,330,752—were issued. The corresponding figures for 1924 were £13,303,721 and £3,340,455, totalling £16,644,175. The 1925 figures are £686,577 in excess of 1924, and constitute a record for both departments.. The New Zealand branch completions were £3,954,595 and £504,347 in the respective departments. The annual bonus certificates as at' December 31, 1925, will be issued, as usual, on June 30. DOMINION BUILDING SOCIETY. A meeting of the members of the Dominion Building Socciety was held at the office, T. and G. Buildings, Princes street, last evening. The chairman (Mr J. H. F. Hamel) stated that the meeting was called to dispose of a further sum of £2OOO. This was the second ballot, a similar amount having been balloted for at the end of October. He stated that the society had granted loans on first mortgage, without ballot, amounting to £IBOO and loans on ballot amounting to £I7OO during the five months it had been in existence, and the remainder of tbe first ballot and the present ballot would involve additional loans of £2300 making in all, £SBOO. Further ballots would, he held at regular quarterly periods, and with the increasing number of shares and repayments on the loans granted, it was anticipated that future ballots will be for much amounts than those already put through. The successful numbers drawn in the second ballot were; No. 109, £100; No. 90, £800; No. 15, £800; No. 133, £3OO. SYDNEY PRODUCE MARKET. (Press Association—By Telegraph—Copyright.) SYDNEY, January 28. (Received January 28, at 8.55 p.m.) Wheat: Buyers are offering 5s 4d. bagged, and 5s 2d for bulk at country stations, but there is little response. Oats; Tasmanian and Algerian, 4s 9d; white, 5a lOd to 6a. Maize: South African, 5a 7d. Potatoes; Local, £lO per ton; Victorian. £l2 to £l3; Tasmanian, £l4 to £ls. Onions, £l2 to £ls. SOUTH AUSTRALIAN MARKETS. (Press Association—By Telegraph—Copyright.) ADELAIDE, January 28. (Received January 38, at 8.55 p.m.) Wheat: Growers' lots, 5s 8d to 5s lid. Oats, 2s 9d to 3s per bushel. MELBOURNE HIDE MARKET. (Press Association—By Telegraph—Copyright.) MELBOURNE, January 28 (Received January 28, at 8.55 p.m.) Hides are firm at lato rates. LONDON WOOL SALES. A BETTER TONE. (Press Association—Bv Telegraph—Copyright.) LONDON, January 27. At the wool oales there was a splendid selection of greasy merino. There was a better tone and more competition. Prices were very firm, but they were not notably changed.—A. and N.Z. Cable,