COMMERCIAL ITEMS

Dominion, Volume 10, Issue 2969, 5 January 1917, Page 8

COMMERCIAL ITEMS

L AMERICAN SUBSCRIPTIONS TO FOEy EIGJf SECURITIES. "Wall Street J.ournal" at the close -of October stated that the new subscription to-300,000,000 dollars of British. Govornment securities brought the total since the out* break of the ivar subscribed by the United States to external loans up to 1,910.350,000 dollars, or say £S9O,CCQ,OOO. Great Britain q and Prance had been much the greatest borrowers, but Canada and Argentina ; had also • raised considerable sums.. These - investments must bring America £20,C00,0C0 t a year in interest. British Securities £174,710,000 French Securities i16,3C0,C00 Canadian Securities 43,960,000 Argentine Securities 15,200,000 ' ' Russian Securities 10,200,000 Italian Securities 5,100,000 German Securities 2,000,000 . Swiss Securities 2,000,000 Norwegian Securities 1,6C0,0C0 ■ r Greek Bank Securities- 1,430,000 Chilian Bank Securities 3,220,000 Newfoundland Securities .... 1,020,000 Swedish, Securities 1,020,000 Chinese Bank Securities 820,GG0 Other Securities (mostly S. American) 13,420,000 £390,000,000 GER3UAN METAL OCTOPUS. In the September issue of the "Journal des Economistes," Mr. Arthur Bflffalovich prints a diagram which sets forth. the position of German efforts to throttle the metal industry before' the "war broke out. The diagram was constructed by the German geographer, Liefmann, and published in an article by him. It shows that the Metal Bank and Metallurgical Co. of Prankfort-on»the-ifaine, with, a capital of £2,000,000, was the centre or swaying force •of a ramification of linked firms by means of which the metal trade was being brought under tho control of German . Jews almost everywhere. There was affi- • Hated with it or its creature a Swiss Society, the London firm of Henry R. Mertou and Co., Ltd., the Australian Metal Co., tho Merton Metallurgical Co., the Brussels Minerals Co., the American Metal Co., the African Metal Co., the American Metallurgical Co., and a company called the Auxiliary Society of Minos. At the foot of the exhibit came the Spanish Company of-Minerals and Metals. All this ramification of interlinked traffickers seems to' have been brought into'existence and operation by gradual evolution from private Israelitish firms in the metal trade, as Mr. Eaffalovich' points out, so that, although • originating in Germany find controlled from Prankfoz*t, the organisation was essentially. Jewish, and exhibited that singular characteristic of the financial Jew -which tends to keep, him 1 restless aud never satisfied "with' anything, short of complete.-mastery within •the : line of business he.lias entered upon. < Hcrr Liefmann apparently, exulted over :the marvellous exhibit-of German coercive power over a particular trade which his : .diagram- illustrated. The "combine" controlled copper, zinc, tin, mercury, • antimony, aluminium, and'sprang out of offshoots from the private Jewish, firm of Abraham Cohen, of Frankfort. Out' of 1 that source came the Mertons in London, and Beer-Sondheimer and Hirsch, the one .at' Frankfort, the other at Halberstadt. i With the assistance of their co-racials in J America, Mexico, and Belgium—where the 3 Cahen d'Auver and the Societe Generale . Beige joined the combine—these monopolis- J ers wore rapidly working their way into 1 the control of the whole business through- J 1 out the world. - LOSDON SHEEPSKINS . MARKET. 1 REPORTS PROHIBITED. The New Zealand loan «nd Mercantile , Agency Company, Ltd., have received the J following cablegram from their London : house.under date January 3:—"Sheepskins: Market reports prohibited." TIN. STATISTICS. (Rec. January 4, 5.15 p.m.) j London, January 3. c Tin.—Stocks. 21,085 tons; on spot, 2740 ( tons; afloat, 4500 tons; deliveries, 1283 tons. 1 —Aus.-N.Z. Cable Assn. SHEEPSKINS. London, January 3. At tho sheepskins sale, 4261 bundles were c offered, and the bulk sold at an averago e advance of 2d. t WHEAT.' _ _ I Tho wheat market is firm, with little of-fering—Aus.-N.Z. Cablo Assn AUSTRALIAN PRODUCE 3IARKETS.__ p . ByTclecraph-Press Association-Copyright (Rec. January 4, 10.55 p.m.) d Sydney, January 4. u Oats, Algerian, feeding 2s. 6d. to 2s. 7f1., milling 2s, Bd., Tasmanifm 2s, 9d; to 2s. e lOd.; barley, feeding 35., seeding 3s. 6d.; C maize,- 3s. 6d. to 3s. 9d.; potatoes, local only, £9 to £10; onions, £9. a J