COMMERCIAL.

Evening Star, Issue 16783, 11 July 1918, Page 1

COMMERCIAL.

I TIT AGAIN RISES. Presa Association—By Telegraph— Copjrighi. Awtraliaa and NJS. Cable Aesocia-ttoc, LONDON. Jnh- 9. There ttbb a aharp rise in tie nfkrof tin, which reached £344 10k. Other raetslf sra unchanged, BANK OF IUSTRALAfiBA. _. _ LONDON, Julv 9, The Bank of Australasia has declared a dividend of 10 par ceni. and a bonus of 2 per cent. AUSTRALIAN WHEAT. MELBOURNE, July M Senator Rnssell, Director of the' Wheat Pool, denies that tho pool told a million bushels _ to New Zealand, but says that Australia can meet any shortage that mav exist in New Zealand. n SYDNEY, July io. The New Scrath Wales Farmers Conference resolved that the guaranteed price for wheat should not be less ilun 5s a bushel, Many farmers are selling out because the Government's price is too ] O -, v . IMPERIAL SUPPLIES. The Imperial Supplies Department reports that the following payments have been made under the requisitioning schemes to date :

PRODUCTION OF WHEAT. According to the Internatior al Institute of Agriculture, the total production of wheat in Denmark, Spain, France, Great Britain and Ireland, Italy, Luxemburg, Iv'orivay, ICelherlanda, Switzerland, Canada United States, India. Japan. Algeria, Egypt, Tanie, Argentina, Urngr.av, Union of South Africa,, Australia, and Xew Zealand in 1917 wcs 2.242.477,000 bushels, compared with 2,173.162,000 in 1916, and 2,479.519,000, the average of the three years 1914-16. The probable consumption of wheat in the same countries daring tho prain vear, August 1, 1917. to July 31, 1918, is e'stimsted at 2,157.632.000 bushels. AMERICA'S LEATHEB SUPPLIES. Requisitioning -of stocks in America of heavy sola leather frir war purposes marks another revolutionary movement in trade circles there, and vrill obviously tend fo still further deplete the supplies available r'or commercial uses. With tanners ntor<» utlous th n evf-" in accepting business i ii r £j' rcl anna because o 1' le t nnen' cHt.r bu\ers c r 1 ths* 1 Wing: 1 stnLutiiwf centres i ilh ii u f do iib e < "e-r njj<i ind lr eler the nti rtgu l itio i ii t 0 mete t I fiiul* t« o' ob'iin ng mi e-ia ioi i!j» *~ nutai. a"e of cml i fsotv ar Wh e i m prcriucao hj \e coV-acts n id c » i " hj ji n vti' int j the i j fc la c fui'V n l-tiifii dui-r the ugi lining prf the Lb i pioblem c <i *o homier cpe'-atirrp and r3«dntcu nn fall out->u sis re*>d ed impraot-fil le at various establishments.

Frozen meat „ ... £27,3J3 Zih Cheese .,, » * »~ 4,j4o *i? Batter »», ,, ,. ... 2,777 -171 Scheelifre .* v « ... io° yi Wool - ... 24,522 6K Sheepskins ul ., - .« S2 ,.931 Hides ... ,„ ., ». *.. 7 <t,"77 Slips wool ,„ „ . «. 2 <6Other business r. , ... 1 1i>:,971 Total „ .„ £65,120