COMMERCIAL.

Lyttelton Times, Volume CXVI, Issue 14167, 15 September 1906, Page 7

COMMERCIAL.

INCREASE OF THE BANK RATE. THE GOLD BRAIN. United Preea Association— -By Electric V Telegraph—Copyright. L()NBON, September 13. The bank rate has been fixed at 4 per cent, owing to the drain of gold for the United. States and Egypt. It .was feared that the rate would have been raised to. 4J and possibly 5 percent, but the pressure was relieved by the. Bank of France' Undertaking to supply three, million in specie. Silver. —2s 7sd per ounce. Lead.—£lß os per ton; imports 16,939 tons, including 4628 tons from Australia; exports, 4818 tons. Pearl Shell.—At the sales, late rates itrere maintained. Messrs Dalgety and • Co., Limited, fcave received tlio following cable message from ' their London ' office, iinder date September 13:—Active demand for frozen pork at o|d; expect demand will continue up to end of December at sd, pierhaps more. Increasing demand foe frozen meat in general. Since sur last telegram prices for all descriptions are higher,by id. The New Zealand Farmers’ Cooperative Association of Canterbury, Limited, has received' the following cable' message from its London office, dated September 13:—■“ We quote today’s value on Smithfield Market of prime (Canterbury mutton' at 3|d per lb, market hardening. Prime Canterbury lamb, 361 b, at 4id per lb, market hardening. Prime Canterbury lambs, 861 b to 421 b, at 4Ja per lb, market hardening. . SHARE QUOTATIONS. Th» following *re latest quotations supplied by Ittsiii Handtrson, and Bums: Latest

Shares QUO Companies. paid £ s. T tations. £ ». d. Binlf*-: Australasia ... . . . 40 0 0 100 0 0 New South Wales . . 20 0 0 47 5 0 Now Zealand .... G 8 8 12 6 Union of Australia ■>. 25 0 0 51 15 0 National of New Zealand. Ltd. . . . o 10 0 g 9 0 Financial— Christchurch Building Society . . . N.Z. Hirer Plate . -. 10 1 0 0 0 0 11 lg 1 9 0 0 Dakety and- Co.. Ltd. s 0 0 s 16 0 Ulutual Benefit Build--in* Society, ... 10 0 0 n 0 0 National Mortgage and Agency Co . . 2 0 0 8 1 6 Permanent Investment Association ■. . 10 0 0 10 a 6 Ga.* CpznpftnitirAsltfmrlon 4 10 0 5 0 0 Auckland . . . ... 5 0 0 14 2 6 Christchurch . , . ,. 5 0 0 10 0 0 2 10 0 6 O 0 Feilding 1 0 0 1 5 0 Giehorna . . . .:: 1 0 0 2 O 0 Hokitika , . . . . 6 0 0, 4 5 0 Napier . 10 0 0 25 10 0 4 0 0 12 0 0 - New Plymouth i . - ■ 6 0 0 7 IS 0 3 0 0 5 ■7 6 Psimeriton North . 3 10 0 .6 0 0 Port Chalmers . . . 1 0 0 0 19 0 Thames . . . . 1 10 0 1 IS 0 Timaru 5 0 o9 2 e 2 0 0 3 12 6 Wellington > . .’ . 10 0 0 ‘ 18 10 0 6 0 0 9 5 0 insurance— , Farmers’ Co-op. F. and M. Asso. , . . 3 10 0 2 10 0 National ; . 0 10 0 . 1 •4 0 New Zealand . . 2 0 0 3 12 0 South British . . . 1 0 0 & 10 0 Standard ' 0 IS 0 i 0 0 Meat Preserving — « Canterbury Frozen ' Meat ■ and Produce Export Company Christchurch Meat 7 10 0 8 10 0 . Company ; ... . 10 0 0 9 10 0 Gear Meat Praserv- ■ ing and Freezing Co. 1 0 0 3 2 6 Wellington Meat Ex4 0 0 ' -- 8 0 0 Tport Co 5 0 0 G 12 G Wanganui Meat Freer- * r ing: Company . . . g • 0 0 g 0 0 Railway and Shipping — 1 10 0 1 10 0 Wellington and Manawatu Railway Co. .• 1 0 0 1 18 3 New Zealand Ship- ■ ping Company . . 8 0 0 5 10 0 Woollen Manufacturing — Kaiapoi Woollen Co. . S 0 0 5 10 0 Moigiei Woollen iTaotory Co. . . . . 3 10 0 s 1 G Oamarn Woollen Fae- \ tory Co 1 0 0 1 5 6 Wellington Woollen Co. - - . . . 4 0 0 3 17 6 Miacellaneous — ' 1 Ashburton. County. \ • Stock and Saleyard* Co. . . . . . .. 6 0 0 • 0 0 Canterbury ' Central Co-op. Dairy Co. . 1 IS 0 . 1 IS 0 Canterbury . Farmers’ Co-op. Asso. . . . Canterbury Saloyards 3 10 0 3 1 0 Co. ...... 6 0 0 5 0 0 New Zealand . Drug Co. . . V. . . 3 0 0 2 8 6 1 10 0 1 13 0 New Zealand Farmer*’ " ■ Co-op. Asso. of Cant. 2 0 0 a u 0 1 0 0 i S 0 S. Manning and Co. . 4 0 0 4 10 0 Ward and Oo. . . . 4 0 0 ;> 15 0 Whitcomb* and Tombs 2 10 0 4 8 0 Westport Coal .' ... 310 0 6 17 0