COMMERCIAL.

Evening Star, Issue 16197, 19 August 1916, Page 1

COMMERCIAL.

- for loans to the" amount <■;■£ ~-272 10s were received hv the trust;!?* at meeting i:f the" }b»>.-.y Ch:h ' MONEY AI\!) MABKKTS. r.'RSS AwtomVioß—By Australian and y.z. Cubic A^ooiat'on. LONDON. August 17.' —Bank Upturns and Discounts.— Th" Bank of Krigland returns show th.it t r "cr go " ;i coin ancl kulHon i" stock'toiaV. bto&b.QOO: reserve, £40,158.000: pmno.--t:.on of reserve to liabilities, 27.11 *ner cote. ; notes- in circulation. £35.706.000: tTovemment deposits. £54,222.000; o<'■■•;• deposits, £93.862,000; Government «e<*Vi--2'lß8 ' f,00: <^ her securities. 580.811.0C0.

_ rhsreuot rm short loan.':. 4J per cent. : '•■:ree months' bills, sj; per'cent. Consols. £59 ss. War loans : 3-i per :■"".. £B6 10?; 4 per rout,, £96 55." —-Colonial Stock?.—

Tite following are. the latest quotations as compared with those for the previous week :

* 1829-40 currency." +1920-30 currency. —Butte- and Cheese.— Butte.—There is an infresising shortage inim ail sources, and prices are continuously lun-dewng. Danish. 1951s to 203 - Aov- Zealand, 180s to 182s. The eh«.pe«t obtainable is Irish separator, at about Chew.a.-Strong. New Zealand. 97s to yo:-:; Canadian, spot 955. c.i.f. 955. —Mctak— Copper.—Spot, £ll4 10s; three months. £lll 10k: electrolytic, £l?6 8 ' Lcad.-Spoi, £29 17s. 6d : throe months. Spelter.—-Spot. £co ; three months £4? .Silver, 61 3-16 d per cz. —Wheat .'i.'xi I:'jo;:r.— Wheat.—Quiet. Move e.v.-ci'.H?.-. are offerHI.C at about unaltered rates. Parens are snghtly firmer. Flour.—Firm and quiot. Australian. '-ivs. ] —Cereals.— J Oats.—Steady. | I'cas a-iul .Beans.—Finn at full late rate, —Sugar.— Sugar.—The market is-unci'ianged. rarorcn-jsTis with axhjxe BYES.

Among the many efforts man',, in Sydney to break the hold of Germany o;t the commercial, world has been one i« t>*v to establish aniline dve-making here it was one of the most difficult problems of ma.nufacUiro, however, and so far little has been done to conquer it. Kveir that JittJe wdl probably not outlast the w.ir. Dye-making is an art that has taken Germany many years of research and experiment to build up. and it is hardlv to 1.9 expected that Australia, starting 'from scratch. <-ould master it in a oounle of years. One. firm in Svrlnev has' done something j n that direction." but it is candid in admitting that after the war. it wiii_ probably lia.ve to give up tho work. fx> iar it Ims managed to manufacture onlv one or two of tha ha.<o dye.-?. Thai is merely a : -; 0 p along a path"that is besot who u.fundiics ujkl that takes mono v. 0n..-us, -and time to master. The. dyes that t-ucy have succeeded in making are now bciiiw tested in a local wooileu 1a,,;uuy, and though it is believed that thev successful, a report has not been suijm;!tcv.| on ;).em ye*. To show the difficulties that dyo-raakin;: frurlv bristles with, it is explained that each Vuccessive color or <lyo. is built tip fnim ajiother. the secret of which had previous!-*- been discovered, and the delicate- tints that tha Germans have -been able to turn out are the product of many other discoveries that iu themselves took" years of research. In Germany as many as a dozen chemists might be employed solelv on the making of one color. ' '

Experiments haw la'ely been undertaken iu Melbourne, -but .so far they are confined to laboratory work, and no attempt has been made to develop the industry along commercial lines.—fcvdnev 'Sun.'

v.- , • „■ Aug. 10. Aug!?, v ,dorian 4 s „ 94 94 wclwian $y* 85* 85,'. V ic-l-ona-u o-i's* 74$ 747 Victorian 3\< 66 651 ; <ew .South Wales 4's ... 864 Q.iV . N<v.v South AYnlps 3-i's ... 95A 05 1 .\p.tv Som-h Wales 3"s ... 73-J 7 7 , Ne;v s n ;it' ;i WrI.,, 3i'5t 74£- 745 £ li ««tf ■■-'": 4 * 90 90 U.-isensJ.-i.i.-l ois 87-J 8B K-mth AuMrnhan 3J, s ... 745 745' ■South A-ustralinn 3's* 61'i hV NV.v Z«,ini,«l 4-* 88i 88f Zealand 76i 7fvt ■>.*"■ Zedanfl 3\s 681 68-1-.1 pffPKHiinrt ai's 74J. 74 Tnsirjanian 3s 662 67 \vc.st Austvauan Si's ... 76 76? west AnstvaJi::.!! 3's ... 724 72i