COMMERCIAL.

Evening Star, Issue 14183, 7 October 1909, Page 6

COMMERCIAL.

The C.C. and D. Company cabled to their Napier house :• Prictv for frozen meat are unchanged.”

MONEY AND MARKETS

Press Association—By Telegraph—Copyright

LONDON, October 6. (Received October 7, at 8.40 a.m.)

The British and Australasian Trust and Loan Company have declared a dividend of 5 per cent. Copper : Spot. £53 6s 3d ; three months, £59 2s 6d.

Tin; Spot, £140; three months. £l4l 2s fid. Load, £ls ss. (Received October 7, at 9.20 a.in.)

The American visible supply of wheat is 39,032,0C0 bushels. At tho tallow sales 849 casks were offered and 654 sold at par to an occasional 3d advance. Silver, 23 13-16 d per 07. RUTTER COMPETITION. Press Association—By Telegraph—Copyright, LONDON, October 6. There are ninety-three Australian and two Canadian exhibits of butter at the Colonial Competition Dairy Show. In the salt dace Queensland won the first .and second and Victoria tho third prize. In the fresh class South Australia obtained second and Queensland third. trade revival in the united STATES. Signs of prosperity for which the heavens were scanned so anxiously six months ago are now so abundant as to make the recent depression seem a chapter of ancient history. First and foremost come the crops. The estimates of {.he Government indicate that the wheat yield has been only twice exceeded in the history of the West, while the prospects of other cereals are equally bright. The cotton fields alone give poor promise, but tho South expects to be compensated for a. shortage by higher prices and tire success of other crops. The revival of industrial and commercial activity has been stimulated by the prosperity of the fanners, who indeed suffered little, if at all. throughout the depression. Tho revival began long before the tariff was disposed of. and now extends to all fines of enterprise. T’lio July production of iron, for instance, was riot verv far from being tho largest recorded output in any month—no Jess than £30,000,000 worth of rolling stock has boon ordered hy the railways since the beginning of the year. The imports during tho ‘ last two months have exceeded tho exports of merchandise by £2,000,000, whereas an ex cess of exports to Die extent of £3.000.000 has been the rule inThese months in forme: yeans. The arrival here of no fewer than 11,000 poisons, mainly immigrants, within two days is another sign of the times. Finally, the postal receipts, a trustworthy index, show that business has improved in every part of the country. There is the danger, of course, of too much confidence, and the present situation resembles in some points that of 1903—0bTiormal imports, a. great leap in tho production of iron, and a large floating indebtedness to Europe due to Wall Street borrowings. But it is pointed out that an unsound currency and an unguarded Treasury wore the chief factors In tho relapse which then followed—conditions which do not exist now—and that, moreover, 1905 was a year of indifferent crops. Finally, if Wall Street is tempted to form an exaggerated estimate, tho business community has learnt the loason of 1907 and acquired mote conservatism.—’ 'Rimes ’ correspondent. SALE OF SHARES. ( Park, Reynolds, Ltd., report having offered at auction 3,750 shares in the Tinkers Gold Mining Company, Ltd., fully paid, and have since so'ld 2,000 shares at 1(1? per share. Tho remaining 1,750 are open for sale by private treaty^