COMMERCIAL.

Press, Volume LX, Issue 11753, 30 November 1903, Page 9

COMMERCIAL.

United Press A*«oci«_on—JJ-y Electric Tel«-gr«ph—Copyright LONDON, November 27. Tlie Bank of England returns show that the stock of gold coin, etc., ia £29,802,000, reserve £22,141,000, proportion of reservo to liabilities 49.51 per cent., notes in circulation £28.202,000, public deposits £6,881,000, other . deposits £37,697,000, Government (securities £15,757,000, other securities £24,568,000. Three months' bills are discounted at 4 per cent. • Consols are at 83J. « New South Wales 4 per cent, stock is at 108, 3_ per cents. 97, 3 per cents. 86. Victorian 4 per cents. 105, 34 per cente. 96, 3 per cents. 86. Queensland 3_ per cents. 96. New Zealand 3. per cents. 102. South Australian 3_ per cents. 101. Other Btocks are unchanged.

San Francisco wheat is at 136 i cents. Australian cargoes, December- January shipment, 30e 3d; January-February shipment, 30s.

The butter trade is slow, arid large stocks of old. butter are 'stored, and are practically unsaleable, d«pre«ing the market. Danish is unchanged. Australian butter, new, is at 100s to 102s per cwt.

Copper—On spot, £55 5s per ton; three Months, £55 2s 6d per ton. Tin—On spot, £118 5s per ton; three months, £119 12s 6d per ton. Iron, Middlesborough No. 6, cash, 42s lOd per ton. Lead, £11 3s l.d per ton. Spelter, £20 10s per ton. Silver, 2s 2|d per oz. Sugar is quiet First marks 10s Id, German 7s 4d.

At Bradford the wool business is small.' Merinos and fine crossbred* are unchanged, and coarse CTosibreds are cheaper. Forties are at ll.d, forty-sixes at 12jd, common oixtiea at 22Jd, and super at 24d.

The London sales included tlie Brancepeth clip (W. H. Beetliam), crossbred, at b|d, and the Cambridge clip at -OJd. Wool is firm, and there is improved competition for all sorts. "*

The Haw Zea__d Loan and Mercantito Agency Company, _td.. have received the following cable from their London house under date 27th Novembers—"Since close of last sales prices ore about 5 per cent, lower for greasy and scoured merino low* dium faulty wool, and about 10 per cent to 16" per cent, lower for coarse greasy crossbred.

HORSE SALES.

At Tattersall's on Saturday, there waa an entry of 60 horses, there being no good draughts, but some useful harness horses. Medium draught* made £26 to £38, best saddle-_nd harness horses £21 to £26, medium £14 to £18, and hacks £7 to £12. At tho Canterbury Horse Bazaar, there were 26 horses offered, and a fair demand was shown. Draughts brouaht £18 to £38, best saddle aad harness horses £16 > to £27, others £7 10s to £14, and ponies £14.

DARFIELD.

Ths Darfield monthly sale wkw held oa Friday, when 2500-heap aad lambs came to hand, 'being the largest y_r_si« for sometime past. The entries wsre.mostly sihorn ewes wil_ fombs at foot. There were only a few pens of fab sheep, chiefly ewes said light vfsight wet_*r», the bulk of those entered a« fat* being little better than sood forward atoreS, and were bought for fuiishing. There waa only one small lot of fat lambs, -ivhiob, not making owner'a idea of value, was passed at 14s 3d. There was a good attendance, and bidding was Siod for most lines. Tine following ore s prices:—Fat crossbred wethers (shorn) 17s lid to 18s, trnfinished ditto 16s to 17s. fat crossbred wethers (in ths -wool! 21s 6d, fat crossbred ewes (shorn) 16s 6d to 18s 2d, lighter sorts 12s 7d to 13s 3d, fat merino wethm (shorn) 13» lOd, fat merino ewes (in the Wool) 13s 2d, four-tooth crossbred wethers (shorn) 15* lid to 16s 4d, two-tooth ditto (shorn) 14» Id to 14s 6d, crossbred «swe# and lambs (m the wool) 12s lOd to 14s all count, shorn ditto 10s all co_nt, merino ewes and lambs (in tihe wool) 7* 6d to 8s 6d oil count. '