COMMERCIAL.

Press, Volume LV, Issue 16431, 27 January 1919, Page 9

COMMERCIAL.

OP EXGLAXD EETUKXS. (By Cable.— P 1 ® 35 Aseociatioru—Copyright.) and N-Z. Cailo Association.) - i (Received January 26th, 11.5 p.m.) j LOXDuiv, January 23. I 9 jjnJc of England returns for tho week s-Mng January 22nd, aa compared with the we ek, are as under: — Jan. 15th. Jan, 22nd. £ £ f. Z_ gud bullion .. 79,797,000 79,476,000 .. 23,295,000 2),716,000 Pjoportion of Reserve • toliabilitas .. 19.11 19.32 rinmUfion •• •• 69,699,000 69,022,000 faivernrcest Deposits 28,163,000 27,217,000 , JS. €r Deposits .. 124,797,000 126,573,000 g— eminent Securities 62,666,000 62,931,000 QQier "Securities .. 78,886,000 73,011,000 Short loans Si per cent.; three montlu'bills jj per cent. govehnmest securities. The following; are tho quotations for Go«rnmeirt securities as compared with those mlinz last

SHARES. Waihi, buyers 43s Gd, sellers 455; Talisman, buyers 13s id, sellers lis 4d. CEREALS. Wheat—The market ra quiet. No Australian en passage is offering-. Small quantities ex store at Cork haw sold at 83s per quarter. • Flour—The market is quiet, and prices are unchanged. Oats—The market is firm. La Plata, on (pot, are quoted at 62s 6d to 63a 6d. >Beus and Peaa—Tho market is firm at full late rates (By Gable.—Press Association.—Copyright.) (Antnliu ud.K>/i< Cable (Received January 86th, 5.5 < p.on> JjONDOIT. January 33. The National Wax Bond subscriptions exceeded £1,600,000,000, exclusive of the- most recent subscriptions through the Post Office, : the final week yielding' 95,911 applications for near £103,000,000. UNITED STATES EXPORTS. (By Cable.—Press Association.—Copyright.) (Australian, and . N.£. Coble Association.) (Becerfced January 26th, 5.5 pjn.) ' _ NEW YORK, January 123. Hie United States exports in IMB amonnt<dto 6,150,000,000 dollars. . AMERICA'S GOLD RESERVE. WASHINGTON, January. 21. Since the beginning of the war stocks of • fold have increased by 1,071,000,000 dollars, /»hilo more than two billion dollars' worth of has . been impounded by. tho Federal jfrileserre- Board,.-which states -that -the qnesQyicfn of tho extent to which the gold standard can_ bo maintained* must ba considered. Tho United States at present has no intention ,of removing the restrictions against tho cxA port of gold. • EXPORT OF COTTON. WASHINGTON, January 24. President Wilson has notified Congress that cotton is now exportable to non-enemy countries in quantities suitable to the needs of each country, TATTERS ALL'S HORSE BAZAAR. > Messrs H. Matron and. Co. had an entry of 43 horses on Saturday. The quality was ahead of resent sales, and the demand all '• ■round was considerably brisker, with ihs re- ; - cult that practically the whole of the entry .' was'cleared under the hammer. Among the sates made were:—For Mr B. Curtis, Maishland, eix-year-old mare £13; W. Howe, Richmond, aged mate £19; J. Garland, Hillsborough, aged, gelding £18; dieat,'aged gelding £32; Itakaia client, seven-year-oki mare , £15 lOe; ■ client, four-year-old gelding £12, {onr-year-old filly £12; H. Gibbs, Sydenham, six-year-old harness mat* £8; J. Manon, Richmond, seven-year-old mare £16; client, '»B®d' gelding £12 10s; hooks and harness ; ' ' hones sold at from £4 to £8 for active sorts, | , and/down to £1 10s for "potters." ; r CHRISTCHURCH GAS COMPANY. In. the course of their annual report, tfce one eft ore of the Chris toburch t>as, Coal* and Company, Ltd., state that the' year Slat last was c satisfactory lie high cost of mains snd other teriue connected with the distribution of : had the- effect of delaying many exungiong, only one mils and three-quarters of mains being laid during the year, -infl ■ dtmasd for gas for all purposes still wntaraes very satisfactory, and notwittotande log toe keen competition from electricity, the ' campsny has increased tho number of its consumer* .by 333, and its sale of gas by 7 t por oent., making tho output for the 7w, a record one. The convenience and . economy of gas for all domestic purposes is, use report continues, being recognised more t J o ®!®®*®, resulting in an increased demand ! ,( * apparatus, while largo waorantoj clubs, and hotels cook--1 conveniences during the year with satiaytery WBulta. During the inflow., Cpi*®ioJne Gas Company's demonstration hall • °OD-v<srtcd into a tags kitchen, and the able management of vohurfeer materially assisted in supplying the * J*®.*™ 8 msde by the afflicted far food. The 'Qaistico having been arranged, the oom>r liS_ 8 .employees who went to tho front are " , £P**Uy coming back to their old positions. 'A™ 1 » tl»e manufacture and .distribur~~ o» ,g«s has again been very heavy; r»w oUwial, wages, and' taxation all show .n----mSX? the directors but they hope tie highest point has ' - n , reached *nd met. Whilst the re- > better than in the previous year, "Waors consider it'would be a wise Pwoy fe oonfine the dividend to -a. further 4 pw.«nt, in addition to the interim dividend P*»d, to transfer £3500 each, to the S renewal funds, and to cany the balance of £8437 4a 4d. The UTOg directors, Messrs G. Gould *nd P. are offering themselves for reIMS? aooc !!J nt the year 1918 th«^L.,lx- 0 " OW ' : ~P*bit: To material lor and purification of gas and X inTl 1 etc., £50,5« fa Sd; to of fL. 8 ' 8^5 108 - directors' and audi- * £32,029 18. 4d; to income p and Sf**' advertising, stationery, j --M 7 18« M*. t inisoellaneaus accounts, • existed allowances to employees! 107 , 6 3 s Sd: to interest, £125514» 13(iQg ; i 7 ls 5 to balance, - 17s €d. Credit: 6i ®* 01 ff". coke, tar, etc., £125,105 17s j \- s .®J° wa an expenditure of *V U& fa 2<3 - Wlt! i a credit balanoe of 1' . t HE PROPERTY MARKET. I Saturda y the New Zear I- Helton Co ? p - 6oJd th « of a f ' of 1200 acres to Mr Joseph } W> at 10s 8d per «ci«. { . PBEE OF IMPORT DUTY. C* ar 'icle« gazetted as free of duty, lillritTilLI illritTilL i«cent interpretations of tie z*" 5 Butyricaldeijrde, for use of t tuM:re: materials for making %afc! i being doll-figures printeS 4dl«^<' - or manufacture cf stuffed *tm't • Ul^ l€ra ' acce3 «orie6j namely, artificial y car _dboard ekull-ahapee, and ■3 ™r-ciips of approved pattern, designed " TVs r i manufacture of furs in T "tii ! lenses or glasses, convex, for I WSfi cture or re P l i r motor-cycle and ' ' , ' educational apparatus, nameI " tiicturoa specially DreI. " '

! ' pared for distribution to Sunday school scholars in class, _ and similar pictures in scries, specially suited for Sunday ecbool use, and illustrating Biblical subjects, history, or topography, not exceeding in invoice price 3d per dozen, net. DUNEDIN FRUIT MARKET. Wholesale fruit values at Dunedin at the v:eek-end were as follows: — Apples—A email line of Stunners, the laet out of cool stores, realised 20s per case. New season's desserts brough; CJd por lb; cookeiß, Zi to 10s Tv?r case. Cherries —ls to In C\l. Black Currants —lid on stalk, 5d cleaned. Red currants—4d to 5d for best; others, 2*d to 3d. Strawberries —Waimatc-gTown, ls to ls 3d per pottle; local, to ls 9d per pottle. Hothouse tomatoes —Local, to ls C\l per lb: ChristcM'rch, ls 4d to ls Gd. Peaches—Half-case3, 3d to sd; crates, to 7d per lb. Pears—Central Otago, 4d to sd; others, l;d to 3d. Apricots—ln cases, -lid to sd; crEtes, to Cid. < Plume —Cookinff, 3d; deesert, 5d to P.VI. Cabbages—Choice, to 6s / dozen. Cauliflowers —Choice, 13s; prime, Cs to _£s; medium, "3 to 53 psr dozen. Parsnips—New season's. Is ft! to 23 per doze:i. Lettuce—Choice, Is Gd to 2*: ffood, to 13; medium, Gs to 9d per dozen. Rhubarb—ln cases, lid to lid; best, 2d to 2id. Cucumbers—lo3 to 12s for large; medium, 7e to 9s; small. 3s to 5s per dozen. Green peas—ljd to 3d. Gooseberries—2d to 3d i>er lb; ripe, Id to od ptr I'd. Potatoes —yew' potatoes, lj-d to 2Jd ; Penin-sula-grown; Forbury, ljd to 2d; Auckland, Id to l«d. Mushrooms —Gd to Sd for best; others, 3d to 4d per !h. Vegetable Marrows—Small cases, 4s to 4s Gd. BLENDED BUTTER. (Received January 26th, 5.5 p.m.) LONDON, January 23. Fair quantities of New Zealand butter are arriving, and the trade hopes the Food Controller will shortly distribute some New Zealand intact, instead of tho recent dietributipns of so-called Government butter, which consists of Australian or New Zealand blended with American, which is of decidtvlly inferior quality. Until recently the blend contained fifty per cent, of American, but now' the Controller allows the blender to n-3e a certain amount of discretion regarding; the quantity of American used. Some stige tions have been mirie that American should be issued to manufacturer? only, but supplies thereof exceed manufacturers' requirements. SATURDAY'S POULTRY MARKET. Messrs J. B. Merrett and Co. had a large wntry of poultry on Saturday. Prices were firm for good quality birds. Table chicken's realised 5s Gd to 10s 9d, hens 2s 6d to 6s 9d, pullets as to 12s, ducks 4s to Da Od, geese 7a to Oe 6d, turkeys lis to SGs, all per pair. EGG MARKET. The egg supply continues good. The market is well supplied. Canterbury Egg Circle first grades ls 6d, second grades Is 3d per doz. 1

Last week. This week. X s. d. £ s. \i. ,11 r* r odt. Intp. Con. 59 2 6 c9 V C li'ci- cent. Imp. War loaa .. 91 15 0 94 17 6 si per oent. Irap. VT«r loin •• S3 12 6 £3 16 8 I ti per cent. Imp. War ' £oan • •. 91 15 0 91 15 0 ji per cent Aust. " Coma. l/i3.a .. 99 0 0 99 0 0 per cent. Aust. Comm. Loan •• 100 10 0 100 10 0 4 per cent. N.S.W. 1933, Jan.-July .. 86 2 6 85 17 6 SJ per cent. Jn.S.W., 1950, ilarch-Sepl. .. 75 15 0 75 17 6 j per cent. N.S.W. 1935, April-Oct. .. 73 5 0 73 2 ' 6 4 per e«nt. Vic. 1920, Jan.-July .. 88 G 0 98 5 0 3| per oent. Tic. 1921-6, J«n.-July .. 89 15 0 89 13 6 Si per cent. Vic., 1929-49 71 10 0 74 15 0 3 per cent. Vic. 1929-49, Jan.-July .. 74 10 0 71 10 O Sj per cent. S.A., 1939, • Jan.-July .. 77 O 0 77 10 0 I por cent. S.A., 1916, Jan.-Julr 5S 13 O 53 5 O 4 per cent. Q'land. 191524, Jan.-July .. 91 O 0 93 17 6 Sj per oent Q'land. 1K123, Jan.-July .. 96 0 0 90 17 6 3. per cent. Q'land 1922•47, Jan.-July 65 5 0 65 0 0 4 per cent. N.Z.'g 1929, May-Nov. .. 89 12 6 89 12 G Z\ per cent. N.Z.'b 192040, Jan.-July 78 12 6 78 12 6 " per cent. N.&.'a 1340, Jan.-July .. 68 10 O 6S 10 0 2J per oent. 7u, 1340, Jan.-July .. 77 2 6 77 17 6 3 per cedt. Tas. 1920-40, Jan.-July . .. 71 2 6 71 0 0 Si per cent. WIA. 191535,' May-NovT .. 81 0 0 80 15 0 3 per cent. WJ£. 1915-35, Mav-Nov, , 74 0 0" 74. 0 0