COMMERCIAL.

Dominion, Volume 2, Issue 545, 28 June 1909, Page 8

COMMERCIAL.

' THE SHARE M\RKET, Investment shares were exceedingly qmot on Saturday No business was recorded, and the quotations wore very few in numboi There wero buyers of National Banks at £5 9s 6d oum 'dividend, New Zealand River Plato' at £1 15s, Wellington Investment at lis 6d, Wellington Gas, new issue, at £1 14s premium, Now Zealand Insurance at £3 17s, and Now Zealand Portland Ciimont at ■'■£&.- There, were sellers of Wellington' Woollen at j!3 Is.', and Wostport Stockton at 6s Od. < ,THE MINING MARKET. A fair business was dona on Saturday, and the reported sales were Tahsmna, £3, 125. and £2 12s 3d , Waihi Extended, Os 4Jd , Waihi Grand Junction, 'at £1 5s 3d and £2 5s 6d , and Maonland, at Is 3Jd , Is sd, Is 6d, Is 9d Tho quotations, with the last-recorded sales, .wcro'.as'.undor;—• ,"■ " Buyers Sellers v Sales £s d. £s d £s. d Waihi Grand June- . tion 2 5 0 — 2 5 6 Wnihi Extended '063,066 06 41 Waihi Consolidated 0 4 8 0 410 — Waihi . ..920 - - Waitangi .-...— 04 1 — Karangahakl, ..011012 — NZ Crown!) 05 10 - - Now Sylvia 02 8 - - Alaonland 0 1 9 0 110 0 1 9 Sixon i. .. .023 02 3J — Talisman . . 211 9 212 6 212 3 New Alpine, 10s paid 0 8 6 0 9 3 — New Alpine, 9s 3d pd. 08 3 — — Con Goldfiolds . 017 9 018 9 ■;- Tho following wire was received on Saturday by tho Wellington Stock Exchange from the Talisman Consolidated, Limited—"Following oablo dispatched London offices —No 12 level south, progress 15 feet, width of reef 4 feet, values low."

;; ~~+}y mimfGOMiuTNiNG; company. .\.;y ■'■;;Th9 last'report of. the'Waihi; Company .covering, the' year.l9oß,. and of,■■which''.;a.-brief,sum'-ii^y' , -was;Vpub]ished; , 'thoj' other ."day/"; while containiug nothing .'verjr sensational, ••records; steady, progress in all directions! • 'Last year's T.eyenue' shows an increase of-£sl,ooo,upou that ■of.;-1907,- a'ad.,the aet 1 profit ; and;'expansion of ■£37,000,; but of .this £10,000, is accounted for by, tho''reduction 'in "the ■.'■■ amount' 6et /iside as de.capital'account/ Of HhevexceW v earjin(p,'.'£2s,ooo is distributed,; inaldng'the:total dividehd the year 17s. per share,: as against ■ lCs.- in/1907;'and 1 15s. 'in ; 1906;' the'addition,of- £20,000 to'-. reserve, raises 'that : fundtto'.£l6o,ooo, and.an;.increased..balahco -is carriei forward.«lnvestments. figure' in the', balance-sheet for £198,000, the market- value on December .31 last 'being £200,000.■'•■;■ Below the results'of'the .'past-threp years are contrasted•-: Gross y recoipii^....: -939,531'; .'888,585 i :? 847,197 "Expenses :/,.;..._ ; '381,393: .357,674'\ 1 345,123 Depreciation, 'etc.'...r-'77,885 ' ~88.212 I'.' 93,281 Net 'profit ;...jj.....H 480,256 .' 442,599 ■•',' 408,793' Dividends aid taxe's:'4s.4,os9 .428,619 ; ';397,241 ToAreserveiv.;;.:..-..;...:-20,000 ''^-lO.OOO;'-10,000 Brought 'forward 1 ... -?22;156 .;'; '18,1767 ',16,627 .Carried-forward.;•.;,'-V.28,353i',.. ; ( 22,156 v.. ,18,176 Ore';: crushed, ; '(t6nsj?393,2l4:' '■'356,974 -. : ','328,866 '•;Yield iton''..i;v:...47s.; "r, -^;'sls.' ; : '"-' Cost'pcrvtoii :.;». '' : ,'l9s.'v>xi' 205.,;;. -'21s. v. ' ":Profit-iper-'tohi'.;. '■:■ ;.:'29s. ;Ore reserves,(tons),"l;329,B72 ; , 1,299,947. '1,029,658 As-a'res'ultT'o'f; extensions to' the 'equipment, tho tonnage of, ore'crushed last year was'3bVMo'in excess, of.the'l9o7.total/,':At.:90.4 per cent.,'the ■ extraction;; of-; the. gold -. contents of.' the ore iAs .higher by-1.4 per' cent., ;while the recovery of rilver—73.3 per 3 per' : cent.,;' 'Further' 'additioDsvtb: ;the. works. ,are,iii;'progress, so that a moderate inoreaseiin ,the;buH^ufc.may;,6Hirb6,looked';for. : yield has r dropped'.';2s. .pet/'i ton,V and Is.', last year's average ip'rofit;figuring.,at : ;2Bs.,;as against ' ' 295. for' 1907,. : and' 30s'.; for.vl9o6;■"; -The growth 'ofoOiOOO tons disclosed'by-the'latiest estimate ..of ."'-'ore, reswyes is'comparatively;, small, : ..':in .contrast-with the:l9o7f total, -sljut-''. the -aggregate • represents, 'fully three,' 7 years'v'Bup'ply; for • the mill;■'"•?•'-.'■. <■'..'■;, ;'-/-' ; ,ii:-/syi<.i-i'-.'!V;-..i. , ,--r- : -;- -.'■'•

'■ ■'■•'■ V-' v-The'report : the : year ended ■. December• :31;,',1908,' state's 'that ! the 'aecouits-..show|that;'',aft6f, providing-: fb'r 'depreciation, and: bad- debts, 'the.total profits' of: 'the,'Bbeet ; :rolliiig <mills.;;an i d;,gal'vanising works, : the,;.-constructional' .engineering; Branches arid thowwire; netHrig,. : .a'gnctfltural- and, spelter'smelting .''departments^combined with; those of the • manufacturing ■. and distributing branches in the colonies and : elsefrhbre, including'' income oh balances-and ,deponte, v: am'6unt ' -After /making ;pjoyision; fbrfinterest',' pn'-.the debenture stock: 6ri '''pe'k'cent■' preference: shares,' there ( ' remains,.' including y !the amount bro'ughtij'forward,: a:, disposable' '"of i£353,055. .The' directors recommend a dividend i atithevrate.rof;vlQ>per ; 6n : .thel ordinary shares,'and'a'boirHs.-of 2s. per share oh. the. ordinary shares, 'to, carry to rescrvo fimd*iEso,()oo,-;','making- iIV 'to' workmen's. ;prbvideht. fund,--to.:be'at the^.disposal ■ofr'-'thtf .'directors,';'-,£2000, 'and; carry, forward they-balaaee,*£2Xl,oss, :to .' tho, next year's ac-: •count;; subject; : to # "iheoiiiQ'.. tax and'to,:the,\payment j of (~,;.i- I .; '■•■}''■' ;:;,,;J '■'/; l>?'^-.'); : ft^ .y,The:Victorian 'AgentGenijral Q&.i. ;Taverher), ih a;'dispatcK ;> fo'nis'Pr'eniier -concexhiEg\ the. floatingiof the:.Victorian-3J :pe'r cent: loan-for: i£1,500,000, says; that ,876 application's were received, .'.aggregatiiig.'nearly '.£2,500,000,: and that' 60 iper i.centiiof 'tho 'amount, applied for had been.'.'.'allotted:Mn'Tani~cases3where '.the amount ;e^ded'!.iipp;'^^^^^

■'The'.-accburits :;of, the .National- Bank .of Tas-:mania,'*Liraited,.:f6r-'the half-year-.'ended May: ■Sli'i 1909,'::shoft\' that 'the nelfprofit.'; earned - for ~the'; t erm'waß,.iEß2B9,'.:.With.£l7s6.b rought for.ward, '::the.:directors;';had •■■-. available- ;.i812,044. Dividend'at the.rate.of 7-per-cent. per annum and- .incomb'::tai, ? absorb >E5557, ■/ the,:sum ..-of J82500 is added, .to'.'ithe reserve;,, and ,-.£3957: is. carried forward. ', Paid-up capital:■ is reserve ■ deposits, .£516,392, -notes /in ■ cir,culatioh; v ;'.£50,998, .'and/-bills 'ii£ V.circulation' ■'<E18,488.-':.- Among, .the, "assets,., cash •: figures 'at J8158,608;> advances;"'bills' 'receivabK, .■ etc.,' and''premises,' etc.;'-^627,992.•'■'.'■/' ,' H

■•'■:' During ■ the : first'. ; :four. ; ;riionths 'of ' this year 291360; persons entered:the Commonwealth. from oversea,-.an increase.of ,6517 as compared with the corresponding' l four'months last -yeari :while the..departures-numbered 23,213, : ari'incipaso of 0n1y,227. - Consequently, on -the four ; months '. there was an excess ;6f'.; arrivals .amounting ,td 6147,vas against an. excess'of 'departures .last, year.; of ■ 143.;;'.These.;,four; months' coyer ;,the. period of-the principal exodus'?'to Europe for. the :season. rl'rom .the United. Kingdom .the arrivals''' : 'exceeded..'.the',i departures, thereto, by 3403,'■•' and-; from' ''New.'; Zealand;' the ;excess of. arrivals was-2721.; ;';;;: '.-.•'.';;-' .'..^;-.;■:,

: ; Important' discoveries.: of coijl are'"' reported from .the: ■; According '.to'" the .reports,;:these.'coalibeds;have been showing :;a total ;;■; thickness' of '200: foet.- They; are in;.layers,v.runriing from two; inches;t6';rthirty, .feet/,in .thickness..;; Betweeni -tiesoflayers of 'co'ali frock; 'shale,-':'and slato; ! bcoiir;f.;making/r,the 'total i formation.;,47oo feet;; Betweeh'^theso.-ibreaks'.fit r :is estimated;that.,-at • coal-beds,ai-e workable, jfhd, that: 45,dOO,000;00O ton's:, of coal' can.,bo::,take!i' : out :.'of ,\ this.' '.cirea.', \lt /is,'said-;, to., bp/thb 1 most; extensive' ; fieldJ'df.' coal 'western vNqfth''AmerV' Tea.:; /iThe;-quality,>pf.■ cqal .is-;generally ; .'.bitu-; minbus'.-.with ; 6ome:;f airly good .anthracite. ; .''■lnHhevtlnited States' there.are'.a't'the';present time';2s3 factories .engaged .in manufacturing motor-cars. According to. the general manager of the American Motor Car- Manufacturers' Association; there will be approximately 75,000 motor-cars turned out in American, factories during the present,year,' and:,the. total valua T tion wi11...b0 h0t,.,far;fr0m,^25,000,000.-,\,ln.tho iyeai.' 1898'' there.rwero' onlyi;about;2s'' concerns making* cars ; in'that'couiltry/'.'iThe'; capital :iin-' vested-in the aiitomobile business then was not, 'more'-.-.than.-;dE400,000, .while,-now,;' with ,kindred, trades.'v'salcsrooms; ■ garages;/•' etc',/ v. it is ■ closo: to ''■'-:,;;..;'. ■:,:;.!f^.-.i"i :^^\ ;-;■-;: Eastern and the Eastern' Extension, Telegraph, Companios'ilast ■ year earned'.'together :'a' gross • .£1,731,726;, or';. .£57,971 less ;• than' in ".the; previous year/ "iThat'-was.notalargo fnllinW off for a. year of depression. Their combined working expenses were an "increase of, J!2214; -and, tho 1 net-receipts wore: .£914,067, -a decrease of .£60,185. The dividends (7 per cent.) havo remained the same for somo years past. ■A: report, of the American Copper Producers' Association -states. that their surplus copper on hand at tho end .of December. ■ last : .was 122,3572GG1b. (54,©!' tons),, and- thatvon March! 31 the surplus -lad. risen-,:to _ 182,279,9021b.;.-7br.; 81,375 tons., .This isirrcspective'' of the "stocks: in Europe, which we report at the beginning of each: month.: It is stated that the principal producers in' North ; America have consequently reduced their output by 15 per cent. . •;- , , I:).' Latest mail reports' -from.'America . continue Ho emphasise'tho general'strength.pf-the.'Am'eti- ■ can\4.uraber. : market,', and indications are that some further .-advances, must take place before long. Tho winter season in that country is' over,'and with the certainty of :lnrgo building operations 1 throughout the. States; and a heavy demand for riianufactuiing purposes," mills' and i dealers' are confident as to;; the f are ' .unwilling'to accept businoss, save at.top, prices. ' Clear pine continues very lightly stocked'in America, dealers ■ generally tarrying v&a

limited -supplies, while buyers of hardwood have- recently found some difficulty in getting frdsh orders accopted, and havo in several instances been compelled to pay advanced prices.

Customs revenue collected at Wellington on ■; Saturday amounted to £3720 3s. 3d. The total. for i: tho ' week was .£11,063, ss. ' lid., beer' £308 15s,' The corresponding figures for last year were: For the day, £1406 19a. 2d.; week, £13,118 Os. 5d.; beer, £262 7s. 11(1. . .V:,. 1 ;* ; HIDE AND SKIN REPORT.?' :', ' Messrs. Dalgety and..Company, limited, re* port on their Palmerston North wool, skin.vnnd, hidei sale, held.;on Friday, .as .follows:-rWo'' offered a full catalogue, comprising 22-bales wool,'and a 'very large quantity of dunips and sacks, .2200 sheepskins, 550, hides'..and calfskins,' .add :. a.' .quantity of;: sundries.' Wool:: All.classes s : sold readily,..particularly crutchings,. which realised un to s}d. We quote: Crossbred,.6ld.7d., 7id.,\to Bd.>; lambs,'75<1.- to BJd.; dead 5Jd. to 6Jd.; black wool, to sjd-;'crutchings (best,lines), : sJd.,-51dii to 5Jd.; medium, 4Jd. to 5d.; locks and pieces, 3d., 3id., 3Jd„ to 3Jd. Sheepskins: Prices were' well maintained.on.last rates.\.Crossbreds, ,7d.; - to 7/Jd.; quarter to half wools,: 51d.,-.5Jd.,-'to. ,6ld;; Jambs, 65d." ; t0 7d.; dead hoggets,,to s£d.-,;: damagediand inferior,-'43d. to 53d.; pelts, to . 4Jdf; pelts, inferior, -25d. .to 3Jd;. butchers '; crossbreds.at per piece, 4s; 6d. to 6s. 2d.; lambs (woolly),' 65.-to, 6s. 5d.; lambs (shorn), 2s: 9d. to ~3s. 6d;; - salted lambs, 'to ,2s. Bd.; salted xrossb'reds, 4s. 4d..t0,45. 10d.; salted pelts,! to. 2s.' 2d; Hides:', Prices were'easier in sympathy i-with other markets. ■ Ox; medium, 6d.; light, ,si<l; t0"53d.; cows (best,lines), 's'd.'.. t0;55d.; medium, sd.' to s}d.; scored and sloppy lines,- . 41d. -to v 4Jd-; yearlings, 5Jd. to: 6|di; bulls,* to 4H.-; ox and cow (cut), 4|d. to 5Jd.; horsebides, to 6s each. Calfskins, 6£d. to BJd.; cut and slippy, to 4Jd. ■ Sundries: Tallow, in tins, 19s. fid.; in casks/ 21s. 9d. to 225.J cowhair. Is.";;'- tails, 15... -'•',■ ■'• • ;'■;..';,,.. ...-,'■. jy .: ,':' ..;*:, V-. Messrs.-A. ;H. Atkinson, and ' C 0.,; Ltd., bj>. ■Feilding, report a Continued'keen 'inquiry'.for pigs, with a small yarding;only'.''"Everything offered made increased value;':and' a'full-entry, wohld have mot ready sale! mariy-bhyers/irom,. ia distance'being present., Poultry.was,in : sitialler supply,' quality also-being not as.godi.as that.ruling of late. 'Produce met with a ready sale,' .with.. the exception 'of ';.potatoes,;i which were dull. -. Some really? good' lines, free from blight, are now. offering. ,',' Quotations:— Pigs,, 'light-weight porkers,'. 20s. to-20s. Gd.:-small 13s. 9d. to 15s. • Horses'. Aged, mare, £2 10s.; others, £2 16s.- to"£2 2s. 6d. l-Cows, 1 'to : £3:l7s. 6d..Dogs, 45.'6 d.. to. 13s. Poultry':. P.B.' roosters,. 2s.>. 7d.; to ,45.; .others, .Is.vlOd.'-; .to ! 25.;.. hens;..;ls:, ; ::"li';''2d:,.,,to'.chicks', ;Bd. Produce,'etc. :■ Gs.Cd.; to. ;Bs.. 6d. sack;,.9olb. bags;,3s. 6d.,\,ohi.ons, ;Jd. ,to' Id. per lb.; jcarrots,."3s.* to 3s: ,9d;'; .cabbages;'; .:lE.;9a. t to.''2s.v3d.';icauliflow^ l <2s^9d.';;.paTsn}ps, : ' ls./6d; ;6mallj',bags; .pumpkins,'.ss.,-.,per; .sack,-; apples," 3s. >9d.'. to 6s. 'per case; -wheat', 16s. per sack; oats,*' 2s\ 3d.; pig meal. 9s. 3d.; .lightchaff, , Is.. 9d;' : ,.i-6. 25.; ■:, Gig;- £4..103.. ;.'A.ilarge quantity. of harness, ■'. furniture,' and : sundries. Was /disposed of ■■ •/;;'-'.' .'.,; y-y;: ; : ;;.-; ■:.<• '..•-.; ■■.-. 7: [-■■•iAXKJOI. ENGLANp^RETURN. '[ i )y' -.(By-. Association.—Copyright.) ; ;";,'..;.;,', (- : : '-.}■■■ '• \ '.i.ond.ori,.Jun9 l 2i.,: ,; : Tho .Pan!:' ; 'of- Englandi return ; issued. for the' ,week..ending, Wednesday,'-Juno 23, is as ■-;;■..'; .V.'-V ■;• .'■ ;. . ;? :\\:\U.,:.'. '','"..'■■ ',"'• '.• '-.',A:lttci Dkpabtmkhi.. /->';■■'/.':■ ',-.; NoUlssut ...' £57,705,000/Gov.socnriti«sfll,Ols,ooo.;-. ; "s ;"':>"■'•''' "' '' < Other securi- ■■■■-.■"-■;■•'.■.-■ v ; ''.' ; .{ f : ''-;,vv--' ':.■■'.'■•''.ties .-'.... imm '':: .-..j' ■- : ,i:\.;\ ■■!':'■, ]'■: :' : '.- 6oia-; ic, „' 39.356,000 :. > !';'/■':; ;''W';>/£57,7C5,0a) ,^-::'.> ':■■;:] ,':' '[ '■•■;'■■.■:',..,'''•' ;./BlßlTSdDlipjißTin!KT,:., . I ■).-.'; '-'(."froprlotors;;.: ..-'Govt, securl-.:' :,'- -'~.; i- ."'•>.. capital, ties' ■...?jE15.369.fJ09 '•"■"• >:: Public de-.,;. - \.Other securi-. .—. ..-:;■. ,-'., posits 1.. i -13,410.000 . ties■■'.-•... £0.707,000 ,\, .(' Other de-.;;;-'-' ' .'.'■' ' : ;.- ■-, -;■' ■; poaita 4'.V,44»0,000 Hotea- :■':■■ «, : 27.gi7.000 : ■.':'■■ • 'i'.-:Eest,,Way v r '.;, . ,-,' :...;.'i; ■'■'•;■■ '"■; , •■••-.,'-.''.; '■■■ :-.;and other :-,-■. 'C01a'.:.., : '„ • 2,011,009■- .'•'■' ",..;-•■- 'tollta; ■•;...,;■;. s,lHjc6o '■•:'. .-.■.-.'•.' '"■,-,•''-■; -.^ £;'.■- ■;■';.■ ■~'. iv l^c;oc7ioop-J;: '..-The leading 'items of the Bank of England "return afford 1 the following comparison :—, .-.,:'■'' ~ ■~..;..--''. ' :.,,- ; '< ' . Thisweolc.-Last weefc Laßtyear\ ■ ; '' BblUod ....' ..■ 39.256.0C0!'.' :■". 31,652.(103 ■-"Eesorve... ■ ... i9.fai.oCo.' . £9.262.000 ; '< SB.BtS.OOO ..'.. Note circulation ' ■•'•MSB&IXM ~ 29,0e5.000 ~-58,893,001) ,-. Pablio Deposits 13.41uX0J ia.O7I.ULO ■.' 10.17C.0U0' ■'"..lOtbor Deposits ;. M.WO.OJO :,«,7£6,000 .. , 46,167,000- : i troportioii ot- '.-. , . . ,-^.\' ! '.:' '.'.'.■■ reserve ;to -■ ■ '■ ; ;>-,' UabUities.;•.;;.;";}.•',- .Sl.So;'■-■:,..-.-'-:-H),66'..',. jBI.17,: : I, ;-.'.>;GOVERNMENT;SECURITIES. "''■"' ■'''"- '•'•' The following'' latest.' quotations'.if of ■ Government securities/, with a, comparison' uf. those ruling last weeks—. , .-). ; ': -. v .-..;■•.

.' 'The Bank of England'disconnt'rate'is 2J per cent., to'whioh -it was'-.reduced oh April'l. A.- \; Short loans are f.Higher,':at ; ll per cent..; '■','. ''A Three months' -bills"in London,-3-16- lower, '. at 1.11-16-per bent.';' /;:/;;";.■' '". :<\ [ 'C. : J-. N".-'i'' : ) ;:' .'COLONIAL ; ANI»; OTHER; PRODUCE^.;; j; i 'iWheaL—The : market is.firm,' with ah aetiTe Continental; demand., ■ Cargoes'; are strongly, : held, :.and. sales ihayb r been: .effected., at 41s. - 3d.; Steamer - parcels quoted- at;4ls.,rand spot is steady'at 47s:'-. The: American' visible.supply, of .wheat'i3. 21,000,'495.'bushels. . ; / ; ; ; .-'•»'' ...Flour.—The market quiet London 'quotation :is- 335., ex; store;- and: Glasgow 325/'6d. and i32s. 3d., landed: 1 ,;,. ,: %! , ~ ~ ..'•'Butter.T-Th6-market- is,- steady, r 'and. nnchanged.:: Colonial is quiet and .neglected., ■ : {■ .Cheese.—The market is' easier.'. New Zealand is'quoted at'-from: 60s. to 635/'■: Some' .of Eua- | pehu's-cargo;-was heated;- .;-' . / :''''■'.,. beet;; '10s. 56\; first; marks, j '12s.';. 7d.,':f.o;b.i- Hamburg'. ,-':. •'■ ■:'-,-!; y.4 Bradford Tops.—The'Bradford "thps". market I is quiet. ' Quotations: sixtyY 26d., ,275.'; ;'.•-;>.'•■ ;.. 'i:^;:'- '.''j ,v '4-/ ;thbmetalmabkets. '44. .:?,■'':-" , ■'■ Jl':;'2s.' 6d: higher, Vat''-;-'lfis9 7s. 6&;; tbieo.months, ,i!l: ss. 'higher, at-;£6o 55.; ! electrolytic, £1 ss. higher, at !£6l ss. per'ton; - Tin.-i-Spot, .17s;-6d.. lower, at .£132,.175. Gd.,three months,'ss. lower,' at iiEl3l 7s. ton. O.tead,' 4613 2s/6d.iper>tonS;. • -■■•'''-'* -',■ ; iig-iroiv JE2 Bs. 6d. peri.ton. v : ~:" .: ;.'.' y ■:; Silver ipquoted at 21 l-lGd.'pefrounpe. '/,.-. - ■■'4']\ -(■:■';.' \-'; ; :.'}'- f : ;''■'-..;V ; .."'.'•';„;.; plater.. I ;(By. ' :fS "■■' • 'V- ?' $??• '«?Mie,27;;5 p.iij.). •.-.'.' .; i t:'■- ;';'; Copper.—Electrolytic,' ifi6l; per' ton, ' i132-12s.":6d:;",threo' months,- .£l3l 'Ss^:per ton. .':'■'';'/' ~ -.' .--'.'. ' . -..:.-■ V '-. : - Lead, ,£l3 4-:~4'.\y \::'; : ,■ 'i : .' : } ,' .-.;' Silver,, 24d.' per''ounce!:.-,.;;:-.:! , ,v LATEST PRODUCE QUOTATIONS. . (By Telegraph.—Press Association.—Copyrieny, ,;...-';.■,-,' ■: (Eec- Jnne.27, 5 p.m.) -'-,;; _•; '■' ~, AvJ' ; --:. ■'■•:-•' June 27. . .-. The hemp market is inactive, and prices are unchanged.'. .-- : -\:. \ "' .'l.Copra'/is firm,-""with small business doing. ■South Sea,., bags,'. ,£l9-10s. ...,.'; ,vi . '

■; '■'']' '■ ■ ■■'." '., V'.'•'■::; i" ' Variation*-' . '■■ _"-■', ; ■ PrIo» : '' compared \:,. ■.'■•■ '■>■, ■ " l0 »'\ . with- !;>- v ■ ■■; '• ' •■-"' i ■ '■■ ■- ■ -•■ '■ '"- - ' last week.',, ':■:■■.■■■• .■■; -Vv v .;■-.• i. .: ■•' ■£ b. d. ■'.■,.■ :■■ I 2i% Imperial Consols..,':. ... 81 5. 0, 'Unchanged: i- „ N.S.W.1933Jan.-Jnly ... ,106 0 0.' . ■ 6s.hlsher ij „KS.W.lB18Mar-Sopt ._ ,99 0 0' Unchanged ;3. '„N.s;jV.1935Apl.-Oot. '83-0 01' 'Unchanged. ,4-„ ViclMOJan.ynly...' ..'. 102 'ti.O ■ 'Unchangod' 3jv, Vic; 1901-6Jan.July '■ ;.i -:S8 0 0'' 'Unchanged ■» ..VicJltaWOJan.-JuU' ... 8S-1U 0 :. 6s.higher ; li„S.A.Mil6Jan.July: •:>... 03 lOfOj 'Unchanged '3 „S.A.1916Jan.-JuJy. ' ... W 10 0 Unchanged ■'4 „ QT<11015-21 Jan.-July ■'■:'.„. IIMO 0'. /Unchanged ■S4 ,;QTdllB4-30Jaa;-July ■: _. G610 0 : ' Unchanged i . ; g'l'ai92M7Jan.July ... ,30 10 0, Uncliahged, 1 v„N;K it2SMay-Nov. a. .„ 105-0 0 £s. lower 3i„N^.HMO Jan. July i';... 1)8 0.0 .Unchanged 3, „N.Z. 1W5 April-Oct.' -,...37 10,0 Unchanged jii.W.A.lMHOMay-Nov;:.,.. ,0310,0; .Unchanged 3 ;„W.A.191&-35AIayJ<OY ... 6710 0 , Unchanged Sj ,;Taa.lWO0an.'July : .... ,9810.0 .Unchanged '8 ,-■ '-['b7<0'0 .'Unchanged