COMMERCIAL

Timaru Herald, Volume LVII, Issue 6068, 29 September 1894, Page 3

COMMERCIAL

— , — __* . — (Plft E__OTRIO T-IJHJRAPH— GOPYBIOHT.) [Pbb Paiss Absooiasiok.] Eeoeived 5 p.m., September 28th. London, September 27. . The annual meeting of the New Zealand Shipping Company will be held on October 12th, After providing £62,000 for depreciation, the profit and loss account for the year shows a profit of £22,700. The directors recommend that a dividend of 4 per cent, for the year be declared. fieoefre- 5.20 p.m., September 28th The weekly returns of the Bank of England published to-day ahow the total reserve to be £30,002,000, and the proportion of reserve to liabilities 70.96. Console, 102. ■■ Threes months' bills are discounted at | par cent. New Zealand 4 per cent, inscribed stock, 1081 ; 3£ ditto, 102£. New Zealand hemp, market inactive. New Zealand long-berried wheat, ex warehouse, flat at 24s 6d ; South Australian and Victorian wheat, ex warehouse, weaker at 245. Sugar, German beet, 11s 6d; Java, restricted at 13s 9d. No. 1 best Scotch pig iron, f.o.b. m the Clyde, 43s 6d. The committee have agreed that there shall be six wool sales m 1895. The series to-day was dull of tone, and the bidding slow except for oroßsbreds. Eeoeived 7 30 p.m., September 28th. The New Zealand Shipping Company carry forward the sum of £4000 to nexl year's account,

Reoeived 1 a.m., September 29th. I September 28 The first of the wool Bales for 1895 is | fixed for January 15th, and the second ] * for the 7th March. The quantity to be r offered at those Bales will be unlimited. Tha Americans are buying Victorian wools. (