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COMMERCIAL.

Advices have been received in Sydney stating that the American-Hawaiian fcteamship Line are seriously considering the question of extending their trade to Australia, in view of the opening of the Panama Canal. The Colonial Sugar Company, at a special meeting at Sydney yesterday, confirmed the resolution to increase, the capital from £3,000,000 to £4.000,000 by issuing 50,000 new shares of £2O each. At the tallow sales 2,236 casks were offered and 1,271 sold. Prices are unchanged. AMERICAN AUTOMOBILES. (London Times-Sydney Sun Special Cable.) • LONDON; August 20. A heavily-capitalised British company has been formed by American motor manufacturers to push tho invasion of American automobiles. Cars to the value of £3.300,000 were imported into England during tho last fiscal year, and business to the value of £5,000,000 is expected next year. THE MARKETS: Press Association—By Telegraph—Copyright. LONDON, August 20. Wheat : The American visible supply is 57,278.000 bushels. Copper : Spot, £69 ss; three months, £69 3s 9d; electrolytic, £73. Tin : Forward, £lB5 15s; three months, £lB6 ss. Lead, £2O.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19130821.2.55

Bibliographic details

Evening Star, Issue 15268, 21 August 1913, Page 6

Word Count
168

COMMERCIAL. Evening Star, Issue 15268, 21 August 1913, Page 6

COMMERCIAL. Evening Star, Issue 15268, 21 August 1913, Page 6

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