COMMERCIAL AND FINANCIAL.

Evening Post, Volume LXXXIII, Issue 26, 31 January 1912, Page 6

COMMERCIAL AND FINANCIAL.

LONDON MARKETS. By Telegraph.— Press Associa4k)n.--Copyriebt. {Received January 31, 8.40 a.m.) LONDON, 30th January. Copper — On spot, £62 17s 6d- three months, £61 15s 6d; electrolytio, £65. Tin— On spot, £194 10s; three monthß, I £191 10s. i Lead — £15 10s per too. WHEAT. Eight thousand quarters of Australian January shipment ; ' sold at 37s 6d ; eighteen thousand quarters sold at 37s 4£d; and two cargoes at 37s 3d. Two oth©rs sold at 375. WOOL. The following are prices realised for fleece portion of clips named: — J.aniku top, 12d, average 10|d; Glynnwye, 12d and Hid; Dumgree, 12£ d and lOfd. • ADVANCE IN POLLARD. SYDNEY, 30fch January. Pollard has advanced in price by 5s per ton. AUSTRALIAN BANK OF COMMERCE. SYDNEY, 30th January., At the half-yearly meeting of the Australian Bank of Commerce, the report showed that after paying interest on inscribed deposits, a balaneo of £16,222 remained. A dividend at the rate of 2£ per cent, per annum was declared, absorbing £14,850. A balance of £1510 •was carried 'forward. The chairman stated that during th© half-year the bank had redeemed notes of its own ißSue to the value of £50,457, the balance remaining being a negligible quantity. The- profits from the banking business were considerably in excess or the previous half-year, but there was a falling-off in the returm from station properties. All the New South Wales station properties had been realised at satisfactory prices. I The_ United Farmers' Co-operative Association, Ltd., report as follows: — Oate, new Algerian 3a per bushel, new Gartons 3s ; Cap© barley, 3e 9d ; whole fowl wheat, 48 sd; whole linseed, prime, 21s per cwt; crushed linseed, new, 235 ; pollard, £7 per ton; bran, £6; maize, prime, 4s 2d per bushel; Timaru roller flour, £10 per ton for sacks; Potatoes, new, 5s per cwt; cocksfoot, farmers' .dressed, 7Jd per lb; machine ryegraes, 5s to 5s od per bushel; molasses fodder, £5 per ton