COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1479, 29 June 1912, Page 8

COMMERCIAL ITEMS.

■■ IX VKST.M KXT SHAI!i;S The pales- lib res;, o'croitfed yesterday jPjate,..:.at. 40s. 9d. at' 1'lW: 6d.i' and N.Z. Portland'.;'OciiwhtJ h'f .'6d'. The buying >; a e 11 i lis : (f no, t :i t i u ii 5' were..' as'-under:— •' •vVv' Buyers;.. . SjCllore. . ••• r,;~ : ' f . National i N.vi.. Loan and.Jlercantile,: N.Z. and Kivbr^Platc*'";2' .0' ,:i : Well, Trust ari'd:':Lbaß''.,.'.' T. 12 -%'i :,"!'•••• ■ Christehuivli.:';. IJas, : 9. ,d . 0 Fcildins (ias; .V'.l-/;6'. Clisbonic (Ul's' , s -':•/ •, Hokitika Oas '-5 15 '0' Well. Gas (JB10 % .:"1B C o.s\ 0" '• Weil. \ "V (j-,8 Standard "0ChH?tchurplt , j?Mcat :i :. , 15 :vO. % ".•• Mo-igiel Woollen ! -3:V--.7: \6' Well. Wool!cn-:.V-(bril:)'=" ■ VtMO' tioylnncl-O'Ui-i'e»O'.;.., v '....'1..;.v :;'>-••• . l. R ' u-. TarinKrtraiitu ; yrb s taH. .„0' •. 7 ;6" Oonjighy Roi)c'^:'ur.cLT ; \viiKf:'' V f : 9' .!• -5-f.3 D.I.C. i ;i '6' Golden Bay: 7 CeraVritV.'.-.5.. — !l" .2 6'' Mauriecville •••Tiirac.' ; 'Xl. is:' :o.' Bharland's ordinary •• 1 J '5?: W.F.C.A -■ ' ■ 7" Iu the financial^yea'i:;.:e'i!iicd ; ": i Sla'reK ; -" , 31< last the Nsitioiia! : :6fV4hu '> t'ln'tedii Kingdom was:i:eduee.(l. , 'b'y s '£lo;''Eß.{C(j.' '"Tjvere.'' was. on the.:.6ther ; hand'; 'aii!^iiH ; i;e'd'-e of' £2,221, MX) in .owilii: to:Mie '.t.U'o; ,;, Nat ipn.ai: Tole'RlVone:Company's asset's?;' ••.The- >i»vestme'iit'tieb'tj*:! are not reekdhedv.as part :oT tli'c- :Nat'ianal..j Debt. Tn :.&]>i.t:; ; 6.f.'. :the„" growth- .of the debt under :"this? l -he><!=.• ;!lt'e 'rediu:tion iii i the total T.lic figures '! compare as; v : \ X'^iipii.a.i' ' : Othpr M.'i.rch ])ebt%' jVoot.s. ■ Totnl.a; ! 3i. .. ' z" ■ .i IP;9 ... 628:021.572 " X'.mtei 635;393 : ,734 '• 1903 ... 77C;778.702 ' •27;570;'':28 •7 < ■■ . J. 911 ... f.95;?32.459- ■" '7.53.C?2;6id- ' 1912 ... 67«1;74<1)5b7' •:sft:-51 r ;247 . The furtli'e'r;.'.:?rediit:ti'6'h . announecd '^tlic'V-C;Haricellor: ■'o.f=. 'Uib '.Kx--• chequer a fcw" / ;days , '.agq. 'the!"tot'-al' down t-o £719;3C6,514... tbat'. thc; : total debt has.:bee '£78,'£42;67.6V TIIE CONTENTS; ' "A \ ' The King's.! : Bencii,. !Di'vision: of!, the Court of Justicpi.pfv Apnl 26.'fe livered an •:rq'uimany law. of the Lbr'd' Chief Justicef Mr; : ; ;v)'ugtice : '?l?iek'f6rd; .'aridv Mr. Justicc : t\yory ; '' : " J.t '.whs '.a» 'appeal . 'of the Board of, ;'-Tj.:a'dcr.! : froxh'' 'the /decision!. of' : the magistrate' iir-'.th'e'.-ca&s 'of . ; G<-il!o\vay 'v. Schiil Seebolihi;:<in'(ivC6'.';' '.Limitedllie.-:mag-istrate havi;i^di£mi.iccd;>a!''Sun'i'mo : ris!'a i the defendants,,;:'shipp'er's.', i'o'f ••MahchcstDr, under the Companies ActSK ; Sir o!bhh Simon, K.C, for the :«i>i!i'ell.ri.rits. • Csa!i.di thetiou was as.r-to ne- .decree:, of ; particularity. which the reciiii.rcd iii. .a, 'balan'cc? sheet of a nonipaiiyV/.whif'h': tlie/.Act's'' re*, quired should -be-'-sent! to .Registrar of Companies cverjyiy.ear;.,' 'JTh'e coritent!ibn.-sct up ajrainst .him':.^:aeV-tli.af- % it ! was'.iufllcie'ht' if the a^^et-3Y'" : .werc;' luhipcvi '.to'i?et!herV : r on.d ; one iigurc .Kiv.eri' stb : repr.eserit! •' : intangible os=ets, as well as .the: tangible. a.?.«et(i,. :stich ; «s machinery <iii % d- • If that-.:eohten-' tion lve':.'.tlipijKht th\- , of the statute?! be'.Ubs't.. tion' was tlia-t'a.. coin pan V: .<l)oiild' d isclo.'-.e the pcncral.'nature off'tho' ,'a>C t.lieir ! values, so that' any shareholder' o> ppsMhib •• creditor miirh.t-' be' a.ble>by examiintip=' tlio' hala-ntc-shre't'.. to. arrive at ,a rnnrljisioh a.s t/i the value..of .'e'\;cry d' pa.rtmerit of a^ct, c ;. Sir liobert KinliiS'v.' 'K'.C.:. 1 - 'for th'q' respbiKlents. t-aid tlVe. l/eS.ijiai.ure' ...M'd : . abstained frniiv •Qnf\cs\nis wii'it; 'the.' Soli.c.i s . lor-Geiicrnl .y'lid was •eon'ta'inrd: jji t.licclauses. Tf .the Ket, :up (vrirrcet a corup.aiiy".. r!a\ilfl : .b'ton at : 'Ti'otlviii'fT: short of a i-oinplete aiUl valuii!-. tion of eatvh';of'.it's.; jised. asVet-. The Court.'held' : 'tho v t the' defective in. p/intieular noihts, ' which the .S!qH'c,Uor\General. -argue'd,. viz., : itliata l!iinp;'::!?m ti.ot. '.b.? put 'dp.wn- ns ; assets representing goodwill, 'trade mark^,: ! machinery. :et'o. It" wa3 .not! a compliance \n(.h the £cpt.ioti-. : to sjiy that a coiild give a total ilgiir'e' and stfy they 'iiWd arrived at .it by true pri.n.o!ipl'es. The ap> ; pral was a.cc.pf,di'iigly .allowed.. ! THE KKOZ;ES" M.KA.T tr^VDE. Tho JhiL'tuatiq.h.S. t-ij wiiic.h the frb'seii' meat. trade is are' •iliu'.sfr&ted' ,'by tli'e annual repo.ri of.'.JanieS'. N'elsoi'v arid ' Sons.' T.td.. a con.i rVa,n'y' do in? b.UFinepjj iii Afs tine meat. The. company,, for -.the. first, tiin'e' in its twciity , .y'.e'.arV. history ;rccord.s a trading lo>.« ,pf '.(•o'h't.ra.s.t.e'd w'i'.t'.h' a profit of £72.'7G0 an Tlie iiiis'iiti.sf.aetdry re.-uk« uer.o duo io iri;ea.t. extei'Jt i'o. the company b'eiifg uhaiile... bj* : reaVon,,af t.iio conditions of. it* fhcii freight contract, to participate. :ih the llirge , profits,! which duri'u;g tlu 1 . llrstv iia'l.f of. 1911' wc : rc'• beinsr made by .frtini the.; shipment cif eliill'pUi bee.f.- A fre'.-lr coiitra.ct:: was entered .iii'to i>y wlVirli .t'ii(> coin.pnn'y I aeriuired cauai faciiiiujH witii i.tr coirii)e- 1 titors for .placiiiß- its .hyeat oh", 't.iic ilonie uiai'kt't in tr.ood i ; nii,diiion, but liMfo'rlu.tiaio- ! ly the-trading, c-oii.ciii.iori.s .I?ad by tlieii :il>; togotlHT a.iuj t-hb- 1 remainder '.o.f the ven-r fati-iu in tl.it* ,A.t - - , giMiline cor<t aliin.niiaijy liK*h. I'tnc'e.-, wiiije! g-iinwlto-noaMs'ly t}».c -.yhjrii t-.h'c meat hold in, .we're abiiprnvally low, the result bciing j.h.at the. c.on.vp'aii.y., i.tv; common with dfiwife i'li.iase'd in the : ; Viivo trade, .si:-ia?nrd: very Ipf.'e.-. This' result was :t;lvj •('o.ii.i'i'fljiit!'/! to- >i.v the e;i-. forced niai-.lisi'vifp of Kiiirii li -tori: in inv. suitable aiid (ii!.nnixiu:d' <'ohditiiii! by -on of 11: > in'()t : j' u':.:';i .droiicht In 1 -;' -:iiT;,mcr. 'I'hi> i'lHnur troubles nclvpi-jJly ai' fected t.lic i'omp'.'iiiy, -.v. ■•itly (i;;> 11.7 Hie ,-trilir n»ritwl urmn'r lull Tii'i' ; ""rf' ni/i.iij-ijs 1 afterwards While fiie. aecoiint.- show a 1 if.;-, the direr-tor* t'econri'Tiend il:nf a -ih.rtion of the re=fri:r, v h'-h by tli.e a.rt.ieiES; of iiorcicinfiiin: I.? rvrco- -■].i.ppfi.'i'l\l'e f«r t.lir pavnipa'- of d:h:.id'p(rdr. should' iir 1 ««wl for t.'tii p'Syni?n( u .f.iiirUisf .'» !;sr i«ai, dfridsiid pa Ui4 'tUU, and icctiai. s:c>.

gliarffc. n.nd n di'v'fdr.iid' of 5 Pf?r cent, uo the w-dinary ajun/e^. GO'L'D' PIIO,i)UC;T'iO:N AXD DISTiimUTIOX. iJiFector iliOberts, of: t.bv. ' Griitcd States Mint, hsis ilevoted' a. EOod de.ui of not oiily tci tl.ic fctaiSstiu.v of die prpciuotion of , jrold, but alho. itv c'onauuip'tidiu He the World's .production, of' gold In.the li y?ar<? 'i93£l-19ly £827.585.010, That •is :pro.lia;bl,y. ai? r.ea.r l.|ve ihark ai (/.an 1)5 reai.'lied, and the t'onsiJmpt.iAn he ,g , !Vl»s as' u'nder^— lri'i'n.-.vria.! . . . de'ntistrv. c.ivJ £19.5,39P;i)i)C' 3vw>;dpuan i'iauk* of Iwic l;7o.'9?6;00U United' S'ta.tc* iUv.nk'.-f nnt'l . ~• np,j» 1'48.934vQCp i'li'.dia (abii?rp.i io.ll by-' '88,765;CD0' aird . of specie p.ayiiiCi.it:-, i'te.) "7Q.*315..CC0' Kpypi' ('absQrpt'io.n by—.'. - 29.930.0G0 Au??.t.rahisia iiii'd ftbu-tlt Africa .('ba..nk.s 1,1.1-) 19' : .,598.Cy,0 Canada,. Cbflnk?: a.iid. Trea.stir'y.'/ ... 1'7'.56,9;000' of .... 'jre'xi.coMbriirk.s v..., •> Q.'&i^vCO.O 'o'the'r Countries arid peneral eir- .... Oiilai'io'n 1 ,59,C3i';r:00 £827',5'85,000 ; but t"hC' fii'irt.- llii.e" apd the last/line in; ihis .tiiilile eaiv .be. defiiiit'e.iy traced; ,'TJie ,p.ubli.sho(l' bank atcpinits, p.r tlic recor.ds; •o.f' •imports diitf i-xuorts,./sho\v '.lhe ; ligiVrfc.s. definitely; M tQ 'the .industrial, cpij.i'ump.tion,.' D.ir.ect'o'r for .a*.'great ! mahy co'uiitrie's', .'and th'y'. .iipuret? ;as.' rc>•pards the United opc! 'Germany .may •he; faii:iy cio.se.'' Tpr "the re.m^iji;dcr t - ,;tliey mtis.t .be', rough .estimate's., B.ut he ;liaE'' tja'ce'd"£s72,li'4',oDo out .bf.' tlie total, .and ,tne; :,rcma'inirii £255,471;000 :lio divides' up, - .He. .refers «'t 'lerip.fh. :tb ! the ab;.orpiion by ! .liiala_ and otli'er Asiatic .countries, and,',quotes "from Professor.. Jevdns. : ih'. iß6s:;'a3. Asia, theni.'.is' ".the 'great' ireserVpir .oo'd'-smk of 'the 'P.reitjoug isinetals. It ;has caved./us from a .cQri)irierciai : , r.ev.ojijtion.. aiiji. taken q'ff our' hands, inany iriiili.ons of. buLiop which.' woiilci be .w'prse.tUari' 'nsekse 'ncre; AiVd frx)'m i'he earliest it'; has ;«Lo6d iiv h": .^imil.i'r : r'ela.ticfa tci*. Kurope; In. the middle i.t. reHeVed- Knr.ope,,pf.\.the. f.xce.:3' ; of Spa iii.'s.li- iVrh'/jricaiv ;i.u«t jici. it now r.ej'levds. it pf the fcxct'ss of Austral ia rv trensnre': . «•• •• ' Director JHb.ei ; f,s rtl.'b. .discusses the ;efrcrt of the increased i>rod,itctiGh of sold jipon,. prices'; Til Ill's view (\\e e.otuniou practice,, of cotnpaxin K• c'Jii\rent ;witli the. '.ivormuliv' low' ones which prevailed-.during :Uie' vc-ir.s 1696-9.7.' -.Iray the.;: .n.se •of Higlic}!' .prices, too., he t'.?tiri;r. v:ov& needed id.. :Re.pp up l t.h.e i.opd....sup.pile's", ivliirli;. even as., it" is:.', ha.ve Mio'.vn a , tendency tp fall sliprt of requirements.. ArenrdiiiE to tlie ' "New Zealand 'Prade Ito.v'ieiv" i.Vic ship.m'cnts of wocit froiii Zealand for the nasi two sc-as«as, froai eaelf &r tlic several' poi'lft. s.lioiv as iind.Qr.i^. ISil-'lt 1910-11. Bale',-, Hales. ~ Auekhiul ■ 28,i51 (ifcbDriiL . 981 .'.^2.C04 Xaaier . /3-.29K .JWCt . 'iPiiran.a.ki ,!&'■ AVanitauni.. 2l.Sa> • . ; 15;CB2: "iVelliYfßtoji. ■' Wairliu; and. Nelspri !V;29P; '18M:- . liyitelibil &s>&■. . Timari'i. .wiGi7 :3p,djd .• (lamaru .P.GIO , , .Diine'din- '^*1^ Diilff 3C;'-54 , i>l,/bO; '51i,195- ' ■: C6tn!!aring : '.'the: fota.'s. frqni .the . North; .Island and . South Island resiieetive >' for tha pa.~< lour season, ivfc ■get.; .the io.lt.pyln" ' ■ X.' Island. S. Island. Tjial .i'bar':. ' Hales.' Bales. '■■ .Bales;. . ■ 1911-12- 301';156 1 209,999:' -flll'.Wa. '■ 1910-11 2E3.038 216,3« K4,iM. ■' 1909-10' .... 306,607. 533,93 J. ; ■i?3B-?. I" 297,316 21,3,9 m :v ! 01:;.v53.: VrKtIjIXG'TOS MAISKEXS. 'j ■ Meisns. Lacry o;n'J C.0.,. Ltd., pro'ducc nierehants. Allen Htreet, rejiort pnoes. Tilling ' as .follosvHFowls; wheat, .best., to- '45.. id. per bushel; fowls barley, best- BdV "to- 'isi 94'. .per' bushel'.;.. Cape, bar'wv. seed, Js:' 9d. pc-r. bushel; oats, short'feed, 2s, lCd. ta 3s. per busbe ; oacs,. sejd Ali-'oriaiw. 3s. <d. to 3s. ?d. jver " ls ; u }.'. oa!?, Duns,"2c.\'.Sd. to 3.. Id.: per bnshe!; maize. 5». 6d. to's.-. 9d.. per: bushel ;■. Prus-. siaii . blue ; pcas 1 ?d. U) : 7s. pciv v :pofrtri.d£C' 'pcas; : ".4s:M.. 1 ,;p.er. : ,bushel;..; liorsiMieans,' 'Is: 2d. 'to 45.. :per lius!icl ;: .suerosene, 17 IS.-; -per, fton:,'. flpnr, ! .; lirand, £9 165.. fd, .iwr'tan; oatineiil,..£l4 10s: ii'cr tdiv; pollard',. .i 7 li.6,.'.to.;£Z'ljS.- per.toii:: -barleymeal, 'per' tonr •£7 : ids; .per; . toil'.;. .!),raiv, £6. .to^£6^ys'i•;:pel^•,.tpn;. •.cliaD',' prime,'oateri.shcaf, .£s': 15s v per^ton; : oliixfT,' medium -.oii'ality:'^'da.terishcaf;.. £4- : t'o £<s ; ;!15s'; ]Ver..tojr/Khaft , ..s,t2uiw, : £3';losi '.per. l6iiV ,;£3 ' lCs. - •factoryi'.' bacou,':-'shoulders l ..-?d." V-pcr; yideg,.' :'ha'jD; roHrf.'-'lOfd;'. -medniDi'., ivized, .7d.. per.i !b. ; ..:f ■ . loaf.; 'sizod;-- 7id:- : '.per.. l'b.; :.'-honcyi .'-.bulk,. in 561b;,.i : Uns', : '• 4idV- 'per. -lb. ;.uunrgarii:e;'; iir' •.SBUj.-:tUis;. i '63d:*whole-Hihseed;::.;lß ? -.. per... cwt:-; liii-sscd, Rrptiud; . ;22;5:: i-pcr;, •ground'''linseed 'cake;.-. 145; ..per,'•c / wt.::linseed I ■"imte;. 13s. ,6d; .per.rcwt':; :£^ ; :.os; i 1 ton; .superpliGsphate,v'i;4: 15s',. ..per':-ton .rolled oatej/^s^pe^'.,dozen voats^ : .hulk, -Ifis-.- > : perICO rr pbtatoe:=.vpr)me;-tnbler; •.'£.s : l'to' f lbn'';^.pi>tatoes'.':;inferiori i ,£s'.; lo^i:£7v. r jpc'r;.''£'aeK'i'' ; P»i 0 to :• .n'ei: "tori; onion's,' ;r.nibcliutrii" to.; '-.6s:: pcr ; ;baj;;,;'. iCuVt'om3'.'duties cpUected' /at tUe .port..:6f: 'AV.ciliifetoiv ■ye : -te'rday' amb;ni!.te(l' tp. ! £lßG.l',

. I.OXDOX MAIIKKT.<; : . Xew .Zealand Loan anl Mercantile 'Company;. Liniitcid.v !!a;>:c: roeeivedtilc : fOl- - tlioir.: Loiiiip-ii..: under, r dats-.!,'.J.uuc.'V.26:—Tallow:*: tVe; >1 note .-present 'Spot 1 : v a 1 ue .sf 0 r.:- L ho: f 011 0 \v, ;: 'ink'.' dcß'f.iptioDs -■ 9d..; ; pei' I 'VWi:-': , sfood;.' ; becf. , '. ..3ir;' 5 6d.:: , ., , per,v..:'(:wt. ; :;. mixed'; 52-. M. ".per. mvt. ■ The market is■ciiiiet. U'oal: Market, tiriii-. with an up-, ■ward teiutem-y. \\e hayc -pold., a.ii...Au'st'r'all'an «arg» .at =4J?. 64, e;i:f: -lUe, market.: is' .(iiii'e't. but.. .s'tcadyV iand.-the out-. look is uncertain. f VN I ri!BL3!\ Gil \IN (By . .Chrlstchurch,. June 23. .. Th.c -local crain raarkct tc'iiiains- with: wit VdVaiiKe for' the better:;but; there' is no further" weakcnini: ..of iiriet;s. There are; a'pnar'ehtlv'i '«».• btiy'er.i for /wheat: at'.'.'.pre,-. I'.-'eht. aiid 'i'n the 'abienpe'.-of.-' an 'putlet? for: bats; 110 bu-iness of any imt>ar'tan(:e .'is D.issitiT in this cereal. Oatslioaf chaif is' dull oi' iaie. but t.iie rt'ire, 555. a I country station for 'prime otnlity, remains- the same ' There is" not: .rau'ch ; doiuir. •iii potatoes; '.aiid ,£3 a', country stations is'. the nominal -price', though..i£9 ,'is jbeing.; :r6aliscd:'in .Sydney 'for 'New; Zealand ;potiy- : tbcE- whiiili were" probably, 'shi'ppedi.-froin': the ' smith. The risk: 0!. shipping from' ■Nbrtli eantcrbiiry, tmder the difficult con■ditioiis' laid down by the Vederal'(lovcrumerit:,' ' practically . precludes' nxcrchanta; from': tendinis cansignineuta'acrpfis.: '.iOnipna; •are' ca-sier in -the absence'; of!..orders; ~and ■'£6 and .£6 10s. are .now the rulin;; tirtce? at country -.Btatibiis,. TAKAXARI PIVTROI.EUM. " Now; Plymouth, June. 28. The. local, director? of .tlie Taranaki Oil Wells' received a cablc'sram from" London ■ tliif moriiing. advising that the re;inery maiiasc.rs are duo to arrive in >ew I'lymoutii on Jitly 25. BANK Or ENGLAND PETIIPNi /> y Associatioir-Copyrleht (liec. June 25., 7.30 p.m.) ■ ■ London,: June 28, ' The Hank of KEsrlnml l-i hirn i.-sued for Hrv week ctuled Wcduc'sday, June. J!i, la as under:— Issc:-: Dr:rAiipti:N"T Koto iß'du'a ... ijS.tOJ.tiM fjoVidorit,... ■£11,015.010. Q.thor sf.'e'.U'i ... . ties ....' ■«.. 7,«i,ain Go!.! ... ~..• 3;i.i',M.C-r0 x.'.s.too.ooa aa-.m: 1^ ■BiXKixs Dr.r.snrirrA'T. iProprffltoi'S' . : Go.vt; scciU'i- . , caiii'ial fH.553.000 . 'ties..: .... j;i3;034,000J'ubiic do- '.. Other bcc.sii- . posits ' ... £1.710.001 lies... 50.27G.0C0 Otficr do- ~ ■.posits ...■J3.ois : .ooo- Kpto'3 28;6?1,P0{1.' Res.t,'7Klity ind-othor . ... bills... 3:205.003 C!>;:•»••• ... 1,131,000 £St.s§3,o()j £SI.CBj.OOO Tho leadinj; items of the Bank, of Knu■land return atl'o'rd tho fotlowiiiß coiiipitri,6on This .week' Last week. Last^'oar ' .£ ' £' - ■ mill inn , 33.C51,036 40:360,000! 2P.:111.C8J iiisdi : viai.ssutei ii.'.tsii.oto No-ecirculation -JJ.'JK'.OH I V,l.i:>lX4j j'ablic IVl.oni-.s ; i.ti:«jO IKf.iIBI.AW , liV.Sfl7;ooo' Otbo'r Doptjsi.ts -4 j .<■ I a, I'roiiorlion of rc'ser.Vii to Hiibilitiies:t j,:!-; -lO.iX: .|G.7I GUVICHXIiKNT SI'et.'HITIES. The followinf uro the. l.lfsit ..quotatloni (or Goverornent Ecciirities. with .a comparisoii of flios.o ruliny last wcefc:I 'Variation _ j ' coni ji.i ie:) 'riiicr. with. ,j Ifts'U 'AHipft.; Tniperial ronf.o.la ; 7ij il' b I :j's, (id higher 'A*' N jam-July: .0 •£)' t'.iii^.inii^ud 3i. ' N;S»\V.il'lSM'!ft'r'.'Sep'.. '.flV.il/. U-] Wn,dmn«'ed ; 3 '..N.SiVV. l'JJj .\pl. -Oct.. SV 10 'II ! t't'iel'ilLiiiic'd' : 4 'Vie:.imwMv , l ! -ip tji.t'ljiii^ed ! iii, Vic. V(jJl-o.JcUt.rJ.ii'ly ; i\'t •;0: [J ; l.ils lolVt-j ' •VJ' i.!) t! - Uire!iiinu:ccT ;rt ''-sXiUlUsiu-ftv-Jwly \S!> J») 0= tfuCiVuT.ml 's.'.V. l.ilo '/! i! o Ci.l lifiti^d 1 ~ 1 -- 1 n.n.ly" I.OC i(' V- •l , :'i.jiiniiieci ' o.i . tj.'r , vl.l , "i .it I'uf/itnniio/l 3 u.'tyl .li:--- ; i-i.n ii. 'lirJy m I 'n.-lovi ijtif ri 4 !,*.&m! Sl'n:vvN'of\'. UV U . ;ii iU P) 0 : ijis ip.wei;ii lvi*' Aprij-Gcl. ti !'(! !! . ! C-n.oiVancc.rl ;iii W..-.V.i^o-J.O ;\1 a > : -,;N.Oy :1c) ; 'V'-nohnncprl J VV..I a i; &5 0 -0!: l!:nchflh^!p:i Wi Xfls. ; KM | !>i'ftn-:n } Vd>' ■ w. !J'J! p'\ Ua-JbaoS'i'l ■ o Xti, liiij-ij J.iQ.nluii- U .0 0 .: ITnhbfint?r!^i

BANK RATES OF DISCOUNT. The Uab.lt .:qi' England ra.t.o 1 . .was, ori. D?.- J comber 1, 1910, lowered from- "S- to '4a,p.e'f ceri'tv; oii J:anu.av'y 27 .i.t 'w.as' lowered. to. 4'. per qcti't., .bri ifcj'WMiar'y 16 to' '35 .per cen.t.. ' and bii. March: 9 t.n 3 per ce,nt., On. Spntinn-. ' bet' .21 it wu-s ;iiiva.rfced .to' 4- jjisr .ccn'.U on February % it >\;.as. to. oii Dpi'' cent.,. hud o.u May 9' to 3 •p.pr' cent* 'The Hani-; of l-runce rate \v.a's reduced; •from 3J to. 3 per wnt. ori Jan.uary 25. i9GBi an.d contiii u.etl jtt. the .1 a tier' liffjiiifi liiiti! . .Scp.t'e.mber 21., when i.t; was', raised .to :ppi' cent. Oil May iVv 19i : 2-, it was Induced. t.y ,5 p„e.r ccni. The -Imperial iinnk o.f C.?vhi"nuy rerl'iico.tf U's rate from 5' to p.cr c'.c.n;. (in Kcbrfis'l'ry 4 ajid. on Kebn.f.ary ,U< t'hb t.ait.e xyas tiirth.pr r.cdnce.d to A .per ce.nt., Git her 19. the ! i;ate Was ra.ic?Lil t'.(v \ per cent, .and on .Ju.ii'q. 111. 1,912. it was- rgr.liiiivxi tg- 4$ i)ei: cqiit,. .RATER .OP 'mscttflXT. The ifollowißi; are the market 'rates' tor . best th'.:qc monO.vs' bills-.-.London Piir'is; Berlin rsite. rate. , : rai'c;f per tent. per cent; tfer-ceiit. This 2:K-i./V 23 ii tast v.o"k 21M6 23 ,4i Lait St'iir 2':s'-.16- :2j 33 ■S'iioM loans' arc: quoted hi, 2i per pent., as rotn;::»rn/t. with 2} per cent. last week, '2J "lieii eeufc .1 as.t- year: COt.OXIAI, AND. ■.OT.Hfcll i'ItODVCK. Sircar- (iorman bed. 88 per cent. net tit-re.. 10(1. l'iv.cr at VS. lid. per "ewt.; first f mark priuiula tod f.'o.b. Hamburg 6(1. lower fit 14s. 10!. .... '■'■'a'.Bradford: Tops.-sThc: nmi'Sii't. is Iliim,- .and I''ipricbV are. ithchariged'. , , • ■ ■ ''W.li«ati£Tfifr liiarliets arc: . fluiet -■ ■■ and. i fir.inV ■:." Tjioi"- Coittinontal' ■ demand; as,.dull;: re-.'e'eut'-heavy. i-'at '.'60,M0" ~o uartcr9-, . , ,' siriU;':, . th(;; middle .'oJ Mav "having 's'at'isflef'preswßroaalremcjrta '39s 9d: is. 1 ashed 'forVSoath'..Australian. .May } shipment; sts. 3d; for .Viet-jrhui and. Sew. South Wales Aiiril .shipments; 39>. t0,'35/. f ,sdi :for: ■i) , arecls.:*allbal:;!V,42i': ;%s. beeii" : .. paid..: [()]• .Viisti iLiiau oii ' spot, and: ■Sis. for :IS.e\s'. ; Zealand. . . : ' Floiir.—Trade }?■ quiet at: ..zSs'. ck store, . hiid ; 3d; : c.i.f. h . ■^ ~ '' i Cat-.- Kalen are dull. ,l.a I'latn. May--.Jiiiic :is- '(jj)otcd., :i.V lCs: -6d. , I'eas 'and bean=.-Thc ina.i;kot ■chalipe^l.' , ■ , ■... . .... ... : : v .' colonial ■..mariieti js; stairrantf '■alid Miotnii'in«'nre Viomiiial.,.' ■:Choire.it_'-Aus: 'liiiliaiV is (i'liotod. hi 1 .,'1045:-to .ICSsV rier;:e.«.t.,~ and: Neiv .Zealand; 11.0s: ,;11/ls; Danish 1.- . qtiiet - aiul- nnelianu'ed. • - "v;;;;.::;:!,. ..Ciiec.-e. are. dull. >,cjv /.naiand ltiiiaieii at 65.- ; . 6J. to 7'".-. '■ ■■ Till", JIKfAI,. JIARKK' I ' I ?. , Copper, three months ■i.7s. 6d. lower at •£79' 2sV 6d.,'pcrMoiV.' • v'; •' ! '■ pot'.;2os:. ;h P *•:. £*-"pei: v .ion I ;.' -X2Co.'.':ltv: - ' l>?b 3tlJ ; liiplicrv at; per.'.': tori.' '■ . •' ■' ;h'igt'icP " at. itfs.swvi ton!: \ V'SpcU.cr.r jajlver ;at-•£25'.47H;;;6dv :'p.er) . .ton .' v 7. • '..nuot'cd''f^;f>l]d A i.p€rf ■..ouiic'e"'standards.;'. ... \ ;..n.\rVl\cießra'p'lV^i^:c.s.S:'^ • . ; '.Melbourne;-i J.:inc; ; •• 28.- •'. .\y.heat>"-. 4V^-2iS..; ,< ..floui'V' ; .£9: .£~;'; :-l)rahV : '..£6 IC«V-, p.ollaS ; dL^X6'is^|v : oat?i' ' : Alcerihn:;; feed.' 'Mv'\tb/'3s;",'N.cw '.Zealand/ •.'J?: • ito.' : 35.-' ! 4.d ; . ; ; Miiaizu:- '■'kiC ..3d.-; ••'jicn?,'; «?.; 3d':.'?.to.-'strliaff '"■notcLtb'es;.. £?•'' r l'6;>£Bwlss. '£.12.,.UV-.'; butter;...ls;^d. ; .,\"" : , • \Tiie- American.; Visiblc .^supply •tbtals V!B.22S;CCC/ |)Us]io.ls,