Business Gossip

Sun (Auckland), Volume I, Issue 144, 8 September 1927, Page 2

Business Gossip

London \A 00l Arrivals.—Dah-etv i Co., Lit. report the arrival in Londoner the following vessels the firm is im.■ ested in in connection with the Se ptJm ; her wool sales:—l-arang.t, Rotonii Arawa, Tauoa, Remueni, Port Har.lr' Ma.ta.kara, Port Piric, and Mata-oa e, • firm sell,? on September 16, and 2s -V: sates close September 29. Tallow Selling F, eely.—tinder j... September 7, Doiget; and Co., l.td T.,. don, cabled: Tallow 1.450 casks ot Ullo. offered end 62 per cent. sold. Pnt2 are Is higher" The latest High Comm, sioner’s quotations were: Mutton, £n» 36s 6d a cwt fair to good, 34s :o 35s foidark to dull 31s 6d to 32s 6d sweet and/or mixed, 35s 6d to 395; fair to good, 33s 6d to 355; dark to dull site to 325; girt, etc., 2Ss to 31s id. Farmers' Insjrance Activities.—The arnual report and l a lance sheet cf tb« Farmers’ Co-op. Im trance Association of New Zealanc presented to th: annujil meeting of shareholders in Christchurch yesterday, stated that, the incom*, incltiing a balance of £21,471 10s lid brought iorward from last year, ess pay. ment of a dividend absorbing £4,194 3!s 4d at June, 1926, was £73.55'. Is 3d. The expenditure was £47.262 9s ;d, leaving * balance of ££4,187 11s lid. Out of this an interim dividend cn preference shares at the rate :»f 7 per cent, per annun amounting to £1.745 - s 4d, had been pa:c’ This left a 1 ala ice of £22,542 7s 7d t * be dealt with. After making provision for ail outst md ng losses it vat proposed to pay a further dividend at th<; rate of 7 per cent, per annum on preference snares; for tie past half-year, an< Is a share for the year on he’ ordinary shares. This would eave £18,3 7 15s 3c to carry forward. Ccmpanics Registered.—Three privatt companies were registered in Auckland yesterday. Details are:—The Auckland Fishermen’s Co-operation, Ltd., fisherraen, trawlers etc. Capital: £1,509 in £1 shares. Subscribers: W. Joass, G. H. Knaggs, :r. J McLachlan, J. S. Shirley J. E:. Knaggs, A. Blank, J. Sarderson, W. P. Bronl.md, W. ]-r. Hodges W. Mansfield. C. Mansfield, J. Watson. T. wl Arnold, A. P. Bronluad and £>. ]i Caxdale, :.00 shares each. Charles Bailey and Son, Ltd. Objects: To 3 nrchase from the official assignee all the property at Freeman’s Bay recently offered for sale by the official assignee and the goodwill of the shipbuilding business carried on by Cl aries Bailey, etc. Capital: £2,500 in £1 shares-. Subs crib: rs: W. F. McCallum, 1.768 shares; A. F. McCall urn and D. F. McCall um, 366 shares. Spinks and Son, Ltd. Objects: T:> acquire the business of general electrical and motor engineers carried on under the name of Spinks and Son. Capital: £1,500 in £1 shares. Subscribers: EL B. Spinks, 1,125 shares; G L. Spinks, 373 shares.