COMMERCIAL.

Dominion, Volume 2, Issue 478, 10 April 1909, Page 8

COMMERCIAL.

..• -:'■!'.' '":' "' v - ."■'■ '' '".' » ', '. \ ■ • '■ ; ■ . : . .■'-.';■"' THiJ SHARE MARKET. .'At''tho sitting of the Exchange on Thursday a sale'of New Zealand and River Plato shares atli£l 18s. 9d. was reported. : Thero were a fair number, of buying orders, and after the holidays, good business should bo done. Bank of New Zealand, buyers £S 125.; National Banks, buyers £5- is. ; Wellington 'Investment, buyers lis. .3d.;HVollington Trnst arid loan, buyers £1, ""-••'" sellers -.£7 Is.; Wellington Deposit, sellers 95.; Hew Zealand Loan and Mercantile, buyers 35., '■:•'•■ sellers 3s. j Feilding Gas, buyers .£1; Wellington Gas (£W paid), buyers .£l7 12s; 6d., sellers .£18;- National Insurance, buyers £1 Bs. 6d.;, Gear Meat (JCipaid), buyers,£lo,.(,£l paid), ' : ".'\'.' buyers £Z Us'.; Meat Export (.£5 paid), sellers .£6-7s. 6d., (£2 12s. Gd. paid), sellers. £3 Is.-; New Zealand:-Shipping, buyers .£6 Ids., sellers £8 165.; Union Steam, buyers ,£1 15s. 6d., set lers £1 165.; Kaiiipoi Woollen (preference), sellers '£5 2s. 6d.;'Wellington Woollen (ordinary), sellers .£3 Is.;'Westport Coal, buyers £f> is. !:." .'.'. '.' ;6d.;. sellers '<£6 65.; Westport-Stockton Coal, . buyers Bs. 3d., sellers Bs. 9d.; Kauri Timber, ' (15s.!.paid), buyers.l4s. 10d., sellers 155.; Ley- -,.'... 4and T o'Brien Timber, sellers £1 2s. 9d.; New :\* ... Zealand Drugs,' sellers .£3 Bs.; Now Zealand ';.;..,■ Portland Cement, buyers £1 17s. 6d., sellers ■i'.;,:-: : ;i£ri9s;; Ward and Co. (brewery shares), buyers :".-/,' : '■'..'. ' ; ' ''" iM:M : ':'i ':-'W :: -THE MNING MARKET. Sales at £2 6s. 3d. and ,£2.65..5 d. SV.V ,;•! were reported,-and a sale of Waitangi at'3s. Bd. SV.v:'■"'''■•'■';'. >as.made'..os 'Change. Tho quotations were as v-'i";' : inderi—'.';, -/ 1 '"/---'.'''■' ':'•■'■ •■.'■'.•• Buyers. - Sellers. ;'■" Sales. M; -:Vv \.~.-.- '. ■>' J6 's. d. ■ £s. d. Js.d, ■v'V-v:'. Waihi' :,-.'-Grand •■'.'. ' .i?yV'■■■'■ /-. .Junction... ■..:■;.. 18 6 1 9, 3 . • ■—." ':'.'.. Waihi ...;... 9 2.3 9 3 6 -A ,'.',..: Waihi,Extended ... 0 3 0 .— ■'•—." '/■'•'..: v..-Talisman , .... ... 2.6.0 2/6 i. 2 6 5' -' • '■'■■'; '■ . Tairua 'Broken - ' wy> ;=--r--'-Hyis ■■• .'.;, .;. o i i oil - ;*vv*r\ -Waitangi ;...:..'..... 0 3 7J 0 3 9.038 .^:.,-/;' ; ; Big'Eiver ...!..: ;2 10 0 - "— !£?£ ; v; : .-;- : ;'.;L 'V ':■". CUSTOMS" REVENUE. ..". '•;. : ''..,■"'- 'The Customs revenue collected at Wellington ?-)#>> : .-X; .on Thursday-amounted to 17s. Bd. .' ; vW':l ; :'' ; . : "'' - ; ™ E l° sses - ■' , ' .-,,;- '■: ■'. ;Tt:hns often- been stated that the .fire losses :' : .■;'.'' ■'' in' New Zealand are excessive, and of that there' . . '; L . tj is really, no doubt. All tho. fire insurance com- • ■ •■■ -' r ■ ' A ponies in New Zealand, except the State fire •'.••■;' ; '. "office, send in details of losses to the Council .■■-'.■".'•' of the. Eire Underwriters' Association. From. ';'•>•. - this" body we gather that. the operations-for 1908 show a loss of ,J!1W),35.1, and for the four .'■' '.':'.; '•.' years previous to that the net loss was ,£95,602, Thus for a period of five years ending with December 31j 1908, .the' - companies, after paying • : all flosses and expenses, finished up with.a .'-.;" , debit balance on fire business of ;£254,956, three- : .... ' fifths of this'loss being incurred inthe last :.,. : : . . year.. ' This does not represent the entire loss," \. ~,..-'for; that.imade by 'the- State fire .office and ■;'•;..,, 'Lloyd's, are not, included in. the above totals.' •• ,',.'., The current year promises to be as, bad, if not : "-.'.'■'■ worse,', than 1908; and the. losses already are very .-' :';'»..,"■ i. ■-, large; Dealing with ' fife insurance , business, : • the "Manchester Guardian" : of a. recent date ;'; iV ' ; ' •'•'..■ | Bays;—'-'/' '/'. : '",'. ■ .."-..'■■ ■-'■-':'"..■'• ..-' ' "Actention has been directed on various'occa: .'• ■■.':,■' . Bions to the large profits generally supposed,to . '■■'i ',■-,' be' realised by. fire insurance companies, and examples of extraordinary dividends paid: to .'■.'-..-'■ shareholders have been given from tinie: : to : time. It is, of ■ course,' a fact that the sums ■■■'■■■ paid in dividends at the present day by. certain. ,;',;,:.. old-established fire offices are equivalent to ■■ a ..;.'..'. v ;..,very'large percentage on the amount of paid- ;,■;'■.. '.-V up capital, but'these figures are apt to be'mis-; , '~i;&\\ "'.>'■. leading'whenielied'on as an.indication of the - •:.['■■■, .-'""''profits; realised 'On the . money.- actually '.em- i Sft;V;i!.(. ployed in tho "business by these, same;, com'- -| ivrjiji r. ■:V : pariies..,-None of-the large fire insurance com- ;, 'v»?;.;■,-.; ;;:.pahics- could possibly conduct. theirV business: ' si;,;;i; ;: ?',; Jn ..anything approaching the present;scale' by ; , J ('v : :''. vv;means q£ their, paid-up. capital alone. ;AU these ' y?si^.v:-!»mpanies;' have;-been/able: in time gone '; competition-was less keen than.it is.now/ ", s'. ; V"&'::»\ : '..to' : ,accumulate,- very .substantial, reserve funds, / iflv;^'•:>",-' ;, ! r " Ic .' 1 - have^since'been employed in. the busi- ; t : v',-.' '■•• for all practical purposes—except ': '■',■':. 4?: regards payment' ot: dividends—equivalent 'to . < S:,V> V .- £ proportionate' ihorcase of paid-up - capital. ,i : i!-'-..'V'' ' the?total'funds available in this way amount i ;:/./.■••. in .the. case of several companies to more than • ,;:';:.'.■';■'.•;.■"-;.tjn times-thejaid-up capital.iand as some of 1 j"■->•'••" -'/-these, companies/ have been established- for i ::';.:'' : ;..' ■" Jj°re than a hundred years, it is obvious that ' - , j •-.--■j'.-.- the'iprocess: of accumulation has been carried * i.H'.';'. on Hinder conditions very different from those I !.,::... .;• that, prevail' at present. If. figures relating to 5 . .-. twentyoof the la'rgfcst fire-offices are taken'rnfo" a ■ > , Kcount, it will bo found thai; the total funds l available for the conduct of-fire business at ' , the.close, of 19Q7. we're approximately six times "' as large as the total amount of paid-up capital, and the dividends paid-to shareholders at the '. close of the last financial year, were equivalent r to rather :less than 6 per cent, on the total funds. J - Jl f amount paid-in dividends was .£2,115 341 , and of this sum no less than .£1,333,011 was pro- I J*» ™' ?* » terest °n funds, leaving c ■ • . j£i512,330 tp be supplied, from the margin' of , profit on, account. Inthis connection ."•".:-. Jt is interesting to note that the majority of ', ,/ ■ these companies are able to maintain their , Resent, rate of dividend so long as they realise ...-..; a margin of profit equivalent to 5 per cent, of '■' +w r P^ent 'preminm income, ah assumption "„ , ..that does, not seem'extravagant, inasmuch as \ , . / ; the. margin of profit in the ease of the com-' 1 '■'- : ? anles , n r^ITe(l to orer a period of eight years I : ; M;Z/ h, from 1900 to 1907 was.morfthan 6 per cent/" \ ///- : ./ ! 0-/ MARKET "'- l ~ farmers' Co-operative ''] ; V'r :;.F'? ,ltln e,9 0 .-.', L| .d-. report for the week as ? ■''•';'' '' • ■1011I 0 1 1^ ws , :-M , alz , e ' 5s - 3d - • ,vli eat, whole fowl, 4s. i ~, , . .:«d.t0.45.9d.; barley, Cape seed, 3s. 9d.; barley, , W- •',-.,'■ ",fted;''3s:j'oats, 2s. 2d.: to 2s. 3d.; oats: seed \ .''-■■■. -~ Jparrpwbills, gartons, Duns; Algerian, 2s' 6d • 1 ) '- : - '"inS^f}^'- 25 PwJ" h "y, prime, is \ ..-,;,. . 105...t0. i £4 10s. per ton; straw, .£2 10s.s'bran, £i i •.■,;,.:. -los. to £5; pollard, .£7 ss. to lOs.j'sucro- a ;«ne,-200' 6 .£7, 100's £1 ss..per ton; lL'eecFoU- * tity± ;t Sll!ff 0 ! cwt 'f prime oatensheaf r ,;//■ ; .ohaff, £3 55.,t0 10s. per 'ton;.potatoes, £i; ,-,. :-:. r onions, -£5 per ton; butter, separator pats 9Jd. -~,/ , ,/.: dairy.pats Bd. to 9d.; eggs,' fresh 25. : per do" a ;:::M^/.Pj'ferved ] _15,,6 d. per doz.; honey, 60's 5d. : , Ws " : ,fii i,-' lb i' s b^ Wf ?' ls - 6d - P« r 43d.; walnuts,v«d j bacon, factory, slides Bd. rol s &< •' - ihn*M> B { d i P l'- lb ' ; pork 70 ' s t0 9 0's'3d.!'- -i ■'.'-'"' ■'■?«■ ik lo ° S tf ;bac ° ners - 3 »-J neavy pigs, M ' ■■'■■' '?„ J b,S cabb J s - P er sack; .parsnips 3s.' :V.,'/::. t°, is -> °, a S t!v ble, 2s. to 35.; marrows'-Is f /.-.. '-/eu-rcauhflpwer, 35.; pumpkins, 3s. to 3s' fid' ■-i ,-.;,': ■■'• _?er.sack; Swedes, 20s. per ton; green neas 9d' -£i /. - per-peck; peaches, ,2s. kto 4 3 g eTpei halt o ■'■- ■■' li!'i ip 6d ' to ss -.P er case : tomatoes, 2s. .to' i Per half-case; quinces, 2s. per case; pears K;S> > .C : 'l' a ery,.and.Co., Wellington, renort ' m ,-, : , wholesale prices ruling on the 1 4s l Gd - 45..9d'.;'-'oats, 2s. Id. to 2s 8(1 • ■':'y' : :--:;i;° Bd / ; Algerian seed oats, 2s. Gd.; '-bariev'^' 0 , ss ; 3d - = .pushed malt, Bs. M;7fowl ;v'':':i>'S 3 ?-J' h °rso.'beans, 4s. 8d.,-all at ! oer Ans « , ««i«i I -Ml 10s.; bran, di i i-' t V.'' r P : P " rl t Tky - £15 - P«as, Part- , f ~,...; riae 4s. sa., Prussian blue 5s tn•• is fi,l . £.„t l / :: ; r: .,. :? ea5,45., 3d./ split J!17,10? ' ] ~.,-■,,.,,,'•: euperphosphates, £5 to ,65 55.; euano Jl it c W-'^^b^nsho a t):.£ 3V!s . to i-oatmlal °^ iSM^.^f 10 to M onionTiisl t fu T aSSe |, foddor ; £5; ba °o n (factory) sides c .«.;'^ , ':^ d ';/ hiln !S.7Jd-. rolls, Bd.;. butter bulk M' ;,; ~...!/! Poultry-Hens, 35.; ducks/-ls to 5,' • h,,l 'i //<.'.- gobblers lis. to:ik hens 9s tn in= r ? ey !' ] ;;::/>:/. ..eggs, is. lOd to, 2s! pr^er™d'U \ /,.:.- -per dozen; cheese, 6d. to 6jd. per lb loaf M ' ' !,», iw* ■ d ' ; farmers' dressed, 5d to fid \ ;,. .- per lb.; ryegrass, 3s. 3d. to 4s. Gd. per bushelItalian ryegrass, 3s. 6d. to 4s. bushel. ,f.h?J 5 l .... . clover, 70s. to 755. per cwt.fred cbVer -. cwt.; cow grass, Gss. cwt.; alsike 8 1' fi^' cwt.; mustard, 40s. cwt,; trefoil 37, fi,f' T' rape seed. 265.,cwt.; Timothy 32, fid' C,V; ' ; swede'and turnip seed, 60s cwt Gd ' ° wt " - \ • ' ' ' i■. ■. '' ' : f STOCK SALES. ; { .Messrs. Dalgety and Co. report having i,„m « ; ,-_.,.. , theiPlforhujjlitly, sale at Eketah.ma"nVm" 1 • day Entries came in. in excess of 1 :..-'. numbers, but very dull of safe M„, r i penswere passed under the hammer, but were £ ■:-. -.. ■ afterwards sold privately. SheeD wr>pl i t v ;:;. by Gd. a head a I f omi ..S^°v" quote: Two-tooth wethers, fc. lOd. to 9?' , .'..,: 6d.; f.m. owes. 7s. 6d. to 9s. 3d.: lambs fi, fit ! :: / ; to 7a M. Cattle: Springing heifers °2s ~,. w ss Gd. ;■ empty cows &> 7, m • I :% .. fireancrs, 12s; 6d_ ' ' S ' Gd ' ; m " ca \ ■..";■■ Mr Newton.lung's weekly auction report r ,Apnl 7 states : -At Douglas, on Monday K * was a la,r yarding of cattle, and. most'S 1 sold readily at tho hammer at sliehtlv nd . /:.'. vanced prices, . 18-month steers made 265. to ' i. ~ 435.; heifers in calf, £2 Bs. to 13s • fat ' :- .-'. heifers, £3 lis to 16s ; store cows, il 1&. bd. to £2 4s. od.; ,foTv,-ard cows,' £2 12s. to £2 18s. Gd.; fat-cows, ,£3 Gs. to £i 35.; stag, £2 16s • ' , buUs, .£1 195.; f.m.- ewes. 4s. 2d.; oTd do., Is! ■ ' I' i ° n'l' 7d V i? t a 85 ' sd -'" lambs . 3 S- 6d. to 3s. 9d. At Stratford on Tuesday there was only t a small yarding of cattle. Wcaners made fe. to 12s. 6d.; 1.8-months steers, 325. to 415.: 1 , 2J-year steers, ,£2 18s. Gd.; heifers in cal£osm<UL I-

*i ias.; store cows, Sis. to ass. ..Bd.; forward do., .£2 lis. to £3 Is.; fat. do., £3 6s. to £i Bs.; bulls, .£l'7s. Gd. to £2 195.; f.m. owes, 4s. Gd. to 65..6 d.; fat do., 9s. Messrs. Abraham and Williams, Ltd., report f that on Thursday an avcrago entry of both cattlo s and sheep was offered. Most lots w;ere of inr ferior qiiality, and bidding at auction was not - keen, bales wero made at tho following quotaf tions:—'lVo and foui'rtootli wethers, 9s. Bd.; , two-tooth wethors, Bs. lid.; two-tooth ewes, 95.; s s.m. ewes, in lamb, Bs. 4d.; f.m. ewes, 4s. to ss. , 3d.; cull ewes, Is. Gd. to 35.; fat ewes, 9s. 9d.; ; forward ewes,-Bs. 7d.- to' 95.; fat lambs, 9s. 10d.; , forward lambs, 7s. id.; fat cows, £3 Bs.- - to 155.; forward cows, £2 ss. to £2 155.; • store cows, 255. to'3ss;,- cows and calves, £2 . 10s.; three-year steers, £i 55.; springing heifers, , ,£5 .to M .os.;'heifers m calf, £2 ss. ! ;f- ;•/'/ ' -:;EROZEN MEAT. ( i . /(DTTEtsauArn—press association.) ■■•'■• ; - ;' /.. Napier, April 9. ' " Tho'. Colonial Consignment and Distributing Company'has cabled the following report:— Frozen meat market—Stocks increasing; market weaker. Canterbury mutton and lamb, both .qualities have ."fallen" a further id. per lb. To-day Canterbury mutton, 3Jd.; Napier,"'Wellington,' and North Island, 2Jd.; lamb, first Aid:,: second 4Jd.; beef, hinds 3id., fores 3jd. . '"-.'' '. ' TALLOW.; AUCTIONS. (Br TIDEaBAI'U—MESS association—copimonT.) London, April 7. . At the tallow auctions 1202 casks were offered and 730 sold. Fine qualities.of mutton and beef were unchanged-in price, and others advanced' threepence .per .cwt. ' -I/',.';;!, Z.'. .'.. !^ N . ING -. ''■'"■ ' (BY TELEGBAPH—Sr-ECIAL COBBESPONDENT.) ~;;;; .:,,:• Auckland, April 8. Talisman shares-sold to-day at 465. 9d. and 475., and then dropped again to 465. 9d., closing,.quotations being—sellers 475., buyers 465. 9d. Waihis sold' at ss. and £d ss. 6d., closing with sellers at £$ ss. 6d., and buyers £9 ss. .'.'. BANK OE -ENGLAND RETURN! (by TELEGEAPH—PRESS.ASSOCIATION—COPYBIQHT.) . (Rec April 10, 0.40 a,m.)... ;" " ""-"" ' London, April 8. ' The Bank of England return issued for. the week-ending -Wednesday, April :7, is as 'underirn-..'■■ ■■•'.' ■■■ -',', .■'■ • ''..-'.': ".':'"..'.'ilaßOi; Department. ■ '.'. Notelsstn .'..'-fS6,SeO;COO Gov.Eecurit!esill,ols,Doo .... ~..-,.", ... ...Other eeouri- •: ■ . '■ ' ties ... 7.434,000 ■•■•■■'";• •••.•■■•• - • Gold '„. 37,911,000 ' ■..'. • f56,3M,0M '' '. £56,3e0.000 "./..,/. Bansing DEPAJITMT.XT.' Proprietors' ' "• Govt, seouri- ' ' capital £U,553.000 ties ■ ... £15,8£8,000 . PubUcde- ' Other securl-- ■•■•■ posits >;..' 14,233,000 ties ... 32,837,000 ' Other de-. '' ' . r , ] .■ posits 41,824,000, Notes ... 26,35-2.000 Be£t,'74lay . ' ''• , rand'other-..'..,.,■.-:.,. Coin ■■■■ ... 1,563,C03 | -.bUls-./.»',.J.190.CC0:; ' ' ■ :"•..;'.,„.".",... .\ 476,E00,C00 ' .'■ £76.800,000 ; The. leading item's; of: the. 'Bank of England '■ return .afford the following comparison:— ' ' This week. Last week. Last year. ' ''"' '' ' "■' " "'', "'''£' £' £■ ■ Bullion ...,';..-37.011,000 40,167,000 37,274.000 i . Eeservo... '" ...' 57,915,0C0 30,712,000 28,214,000 i -. Note circulation - 3u,00a.000 29,407,0 ft) , 28,914,000 f . Public' Deposits ' :'14,233.0C0 19,159.000 . 11,223,000 ] ~ • Other Deposits ... 44,824,000 44.191.000. 43,742,000 ] • Proportion ol- ■■'■■• ■ ] ' reserve to •■-■-• ..- . j .liabilities... "47.23 ..,.48.53 61.28 ' ] t ■'~!. .' GOVERNMENT SECURITIES. '■' 1 The "following aire ' the latest quotations for ; Government. securities, : with a comparison of i :thbse!rttirn'B.last'we'ekf:'— ]

~_ . . ~ ~ ...... ; : —,. ,f ... THE MONEY MARKET. ' The Bank of England,discount rate, is 2J. per cent.,- to which if was reduced oh April li f The open market discount rate for best three months' bills is two-eighths lower at 1| per f cent.. . . •. ■- Short loans are -2 per cent, lower at 1 per I cent. '''... Paris rate, 1J per cent.; Berlin rate, 2 per * cent. ■:,:,''. ■ ' COLONIAL AND.OTHER PRODUCE. •'. Wheat.—The markets are strong, and holders are very firm owing to the substantial decrease in the world's weekly shipments, and the pros- f pects of still., smaller shipments in the near ? future, and the,anticipation of higher prices. The American markets are excited on a report ' T that;' they will require; 50 million bushels of American .wheat during the next four months, j May wheat in Chicago yesterday touched 125J B cents., with.'a sharp, corresponding .advance m 1 New York. The American visible supply U t 61,986,000 bushels." Australian cargoes are c strongly held. March-April shipment 425. 3d. ? to 425. 6d.,.April-May shipment 435. Sales of \, three cargoes were made at 425. 6d., two at j 425. 3d., three at 125., one at 41s. 4Jd. Austra- I lian spot is selling readily at, 435. 4d. to 435. 6d. f ■ Flour—The market is 1 firmer. ..Good sales are reported in London at 30s. to 315., ex stors.- i Glasgow holders are asking 325. 6d. Butter—The market is dull. There is a l slightly better- demand for choicest colonials. Other sorts are neglected. Prices are nominally f unchanged. .... B Cheese.'—The market is firm and prices • aro 'unchanged. '..'. ,; ,/. . v ,10s: 4d., firstmarks 12s. 3d. Bradford Tops.—Wool is firm. : Forties 12Jd.. forty-sises .lid., common sixties 25d., super > '26d., sixty-fours 27d. A Rabbitskins—At the sales 1100 bundles were A offered, and there was a. strong demand & specially better classes; 1050 were sold. New' B Zealands were a half-penny to a penny dearer. c • • '■ ■ ' ■ ' c ■ THE METAL MARKETS. \ . Copper/-On the spot three months i £57 s 13s. 9d.; electrolytic, £58 per ton. • B Tin.—On'the spot ,£133 55., three months £131 ° 7s. Gd. per ton. \ Lead,. ,£l3 7s. Cd. per ton. | Spelter, .£2l Es. per ton. ' , y Iron.—47s. ,6d. ser ton. 1 ". -.' '' ' ■ «

The programme for "the university- tournament is advertised elsewhere. - ■> • A special service for. university students will be conducted to-morrow at St. John's Church. 'In the evening the : Rev. Dr. Gibb will preach on "Tho Risen Lord." Mr. A. J. Joblin, candidate for the Wellington Land Board, has-an advertisement in another, column. ■ In our auction 'columns Messrs. J. H Bethuno and' Co/announce that on Friday next at 2.30 p.m., at their - rooms, they will hold' under instructions from'the mortgagee, an auction sale of Kilbirnie properties. There are pine lots to,bo offered, situated, three in Talavera Eoad, three in .Duncan Terrace, two in Seatoun Koad, and one in Bourko Street. The buildings on the various lots compriso ten dwellings, i and one shop and dwelling. Details appear in the ndvertisement, and full particulars and conditions of sale-may bo had on application to Messrs. Skerrett and Wylie solicitors, or the auctioneers. The firm also announce that on Wednesday, April 21, at 2 30 p.m. at their rooms, under instructions from the Registrar of tho Supreme Court, they will submit a Hutt property. This comprises free hold land with an area of 29 4 perches, situate Waiwetu Road, with 8-roomcd dwelling thereon Tho titlo is Land Transfer. Full particulars and conditions Of sale may be had on application to Messrs. Travers, Campbell, and Peacock, solicitors, or the auctioneers. Bulletin No. 7 of the .Geographical Survey Department, which lias just been published deals with tjm geology of Queenstown' subl division, West Otago, and is written by Pro fessor Park, the Director of the Otago School of Mines. The Work treats ita subjects in a most comprehensive manner, and is well illus trated with maps, plans, and excellent scenic views.

"~',..~.~l '.~.: r -~- .'..;:;r:; Variations 2 ;"■";',.;: '_. '■ "-■ JV'. Price J, ""^J 83 B ' ■ ' ' '■'-• ■'_'";-' ' ■ ■ ' ■ •""■' " "' . last week. I j6"s. a, 2j % Imperial GodboIb..; ., 85 10: 0 .12s.6d.highor ' '■4 „ N.S/W.lTOJah.-Jnly. .;.. 108 5.0 6s. higher f .:3i„N.8.AV.'1916Mar-Sem .... 9815 0 15s.highor . '3. „N.S.W. 1935 Apl.-Oct. •'.'.. 87 15 0 15s. higher T 4 „ Via. ISM) Jan.-JulS-..'.'-"„'103 10 0' lCsi higher 1 34 Vic. 1921-« Jan.-July , «... . to10 0 10s. higher '3 „ Vic. 1929-49 Jan.-Jiily-r.. 87 10 0 10s. higher E 3i„S.A.1916Jan.-July'/ .;.. 03 0 0 Unchanged I 3 „S.A. 1916 Jan.July ■ .... 85 0 0 20s. higher c 4 „ QTdlOlMJJan.iJiily f-.-.. 10115 0 . 10s-higher 8 Si „QTdl924-30Jan."-July<- C. D7 10'0 10s. highor C 3 ... 6510 0 10s. lower 4 „fc;Z. 192wMay-Nov. ... 10515 0 30s.lower 1 35 „N.Z. 1910 Jan.-July ... 99 0 0 . 5s. lower 3 N.Z. 19i5 April-Oct; - .-.,. 87 0 0 Unchanged i 3S.„W.A.19tfH0May-NoT' ! -<•.',' ''WlO 0 Ks.td.lowor ; 3 '•■ „ ■:.•■ ..; -186! 0 0 30s.lower "' 35 „ Tas. 1940Jan.-July'. .... 97 10 O Unchanged > 3 .l'as.l?<«M0Jan.-JBly ■„ ... , 87 0 0 Unchanged