Page 3 Advertisements Column 1

Otago Daily Times, Issue 20645, 18 February 1929, Page 3

NEW YORK MONEY MARKET. (United Press Association.) (By Electric Telegraph—Copyright ) . NEW YORK, February 15. (Received Feb, 17, at 5.5 p.m.) The local Reserve Board yesterday held a meeting lasting over four hours, after which it simply announced that the rediscount rate would not be raised to-day. Wall street is considerably disturbed by a rumour that a sensational fight on the subject occurred yesterday over the telephone between the board and the Treasury Department. No settlement occurred to-day when call money rose from 61 to 10 per cent. The market closed weak, I and apparently relief was caused by the unchanged re-discount rate, tempered by the length of the board’s meeting and the reported quarrel with the • Treasury Department, which supposedly has persuaded the New York board to hold down the rate against the local wish.—Australian Press Association. BANK OF ENGLAND RETURNS. • (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, February 14. The following is the Bank of England return: — ISSUE DEPARTMENT. Notes, issued .. .. .. .. £409,838,000 Government debt 11,015,000 Other Government securities 234,510,000 Other securities 9,492,000 Silver coin ' 4,983!000 Gold coin and bullion .. .. 149,838.000 Total £409,838,000 BANKING DEPARTMENT. Proprietors’ capital .. .. Rest Public deposits Other deposits Seven-day and other bills .. £14,553,000 3,636,000 19.636.000 94.637.000 4,000 Total £132,466,000 Government securities .. .. £47,877,000 Other securities 27,133^000 Notes 57.140’000 Coin j 316,000 Total .. .... ~ £132,466,000 . The of reserve's to liabilities is 50.20 per cent. Short loans are quoted at 41 per cent. Three months’ bills 5i per cent. —Australian Press Association. LONDON MARKETS. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, February 16. (Received Feb, 17, at 11.5 n.m.) Cotton.—March shipment, 10.23 d per lb. Rubber.—Para, 12|d per lb; plantation smoked Ilgd. Jute. —Febrnary-Mardh shipment, £35 per ton. Hemn.—Dccember-February shipment, £36 10a per ton. Copra.—March-April shipment, £23 2s 6d per ton. ► Linseed oil, £3l per ton. Turpentine, 46a per cwt. FINANCIAL. QPPORTUNITY FOR INVESTORS. ISSUE OF 7 PER CENT. MORTGAGE DEBENTURES BY SUBSTANTIAL CITY FIRM. BONDS OF £25, £SO, and £IOO, WITH INTEREST COUPONS ATTACHED. The currency of the Mortgage Bonds is 10 years, and they will be secured by a First Mortgage over the Company’s assets, which are mainly. Real Estate. Payments may be made by instalments. Full particulars of tbis. safe, sound, and profitable investment may be obtained from Messrs W. A. MITSON & CO., Trustees, Executors’, Building, 24 Water street, Dunedin. Telephone 11-094. , pOR SALE BY TENDER. "2019 SHARES IN BLACK AND WHIT! CABS. LTD. £1 EACH, FULLY PAID UP. Tenders are invited for the Purchase of the above Shares, as a whole or in lots. Tenderers should specify the number of shares they are prepared to take and the price per share they are prepared to pay. The highest or any tender will necesanly be accepted. Tenders CLOSE TUESDAY, Fobru 26. 1929, at 10 a.m. Tenders should be contained. in env lopes, marked “Tender for Shares,” ai should be forwarded to “LIQUIDATORS,” Care Clarke, Menzies, Griffin, and Ross Public Accountants, 87 The- Terrace! Wellington. SHAREBROKERS. pENWICK & REEVES. STOCK AND SHAREBROKERS. STANDARD INS. BUILDINGS DUNEDIN. Herbert S. Fenwick ) Members Stock ' Harman Reeves ) Exchange. Telegrams: “ FENREEP.” Dunedin. QUICK (S smith, STOCK EXCHANGE BUILDINGS. P.O. Box 268 Telephone 10-363. Telegraphic Address.* "QUICKLY," DUNEDIN. gLIGO BROS., . STOCK AND SHAREBROKERS, ENTRANCE. STOCK EXCHANGE 'BUILDINGS GILCHRIST & CQ STOCK AND SHAREBROKERS, 53 CRAWFORD STREET. DUNEDIN. Alex. Gilchrist, Member Stock Exchange. Telephone 12-690. Telegrams: Gilbrok. PATENT AGENTS. R OBEKT WALI (M-LMech E. and F.M.C.I.PA.. London), CONSULTING ENGINEER ANi PATENT AGENT. 40 DOWLING STREET. I have Direct Agencies in Fore Countries, and secure Foreign Patenti shortest time and lowest cost. Oamaru Branch: R Malcolm, Accountant Thames street. Oamarc Patents. —HiGGs & o*uonne Patent Attorneys, pertorm every t of professional work relating to pate designs trade marks Dunedin Henrei tative; JOHN J NOONAN. Oeta (near F. and F Martins).

SOUTH BiUliSfl INS Dlt company limited. Authorised to Transact Accident and General Insurance Business of Every Description. Marine Accident Mortgage Indemnity Employers' Public Risk Liability Fire Fidelity Guarantee Sickness Plateglass Office: 3 Liverpool street, Dunedin. F. H. CARR. Manager. .Telephone 10-527. Otago and Southland Branch.