COMMERCIAL.

Sun (Christchurch), Volume VI, Issue 1787, 5 November 1919, Page 10

COMMERCIAL.

INVESTMENT BOOM. By Cable. — Press Association. — Copyright. (A 4 NZ ) LONDON, Nov. 1. The "Daily Express" writes that the greatest company investment boom remembered in London is proceeding. Apparently there are tons of money available. Mnety- , five millions have been subscribed for new E Issues in two months, and the crest of the ■wave is not yel reached. Financiers state that the wage-earners are providing a new source ot capital. They have acquired the investment habit as a result of taking up war saving certificates. METALS. fA ft N.Z) LONDON, Nov. 3. 1 Copper': Spot £99 17/6, forward £IOO 12/6, electrolytic ingots £ll4, wire bars £llß. Leadt Spot £32, forward £32 //6. Spelter: Spot £44 10/-, forward £45. . Tin: Spot £272 17/6, forward £273 12/0. Silver, 66d per ox. PETROL. (A. * N.Z.) NEW YORK, Nov. 1. Petrol prices are unchanged.. DEAL IN DIAMOND FIELDS. (A. 4 N.Z.) CAPE TOWN, Nov. 3. The whole of the diamond fields owned by German companies in the South-west Protectorate have been acquired by the AngloAmerican Corporation of Johannesburg. The transaction is one of the biggest financial deals in the history of South Africa. GOOD TIME FOR BROKERS. SustraUa.i and N.Z. Cable Association. (Rec. Nov. 5, 11.10) LONDON, Nov. 3. The "Daily Express" says that the financial boom in the city grows daily. Such a wave of speculation has been unknown for many years. New issues advertised today total £14,000,000, mostly new capital required for new undertakings. There is no difficulty in getting money. Apparently the war-made and war-saved wealth is finding an outlet. The brokers are having an extremely prosperous time. TALLOW. I. The New Zealand Loan and Mercantile Agency Co., Ltd., received a cablegram from London giving the undcrnoted market information, under date October 29: Tallow: Fine mutton, £5 3/- per cwt; good beef, £5 2/- per cwt; mixed, £4 13/- per cwt. There is a better* market for flue mutton tallow. THE EGG MARKET. The weekly egg sale of the Canterbury Egg Farmers' Association was held yesterday at the rooms of Messrs Harris Bros., auctioneers, at 2.30 p.m. There was a large £ttendance of buyers, who, anticipating a ig influx of visitors during Carnival Week, caused prices to harden somewhat. There •was a very large entry, and keen bidding resulted, all lots being sold at the following prices:—First grade hen eggs, 1/8j to 1/9; seconds, 1/8 to 1/8J; duck eggs, 1/8 to */**• _________ * - C