COMMERCIAL.

Gisborne Times, Volume VI, Issue 225, 30 September 1901, Page 3

COMMERCIAL.

By Telegraph—Press Association—Copyright London. Sept. 27. The Bank of England returns show the stock of coin and gold bullion to be £37,495.000; reserve, £28,011,000; proportion of reserve to liabilities. 54'07 ; in circulation, £23,402,000 ; public deposits, ,-r *.‘10,884,000; other deposits, £40,758,000 ; dovernment securities, £16,683,000 ; other ■securities, £25,458,000. Three months' bills are discounted at 2; per cent. Consols are at 93' . Victorian threes are at 96 j ; New South Wales threes, Olid ; New Zealand threehalts, 107-Jd ; Tasmanian thae-halfs, 103; others unchanged. The wheat markets are quiet, but steady. South Australian and Victorian cargoes, Septeinber-October shipments, arc at 28s 9d ; Victorian steamer parcel, afloat, 26s 3d. The official estimate of the French crop is 371 million quarters. Tin is dull of sale ; spot, £ll3 7s 6d ; three months, £lll 10s. Iron is at 53s 101 d. Lead is at £l2 2s (id. Sugar is dull of sale. German, 7s 6d ; first marks, 9s 7ld. Wool : Tho Bradford market is restricted to commons ; sixties, 20d ; super, 201. d. CROSSBREDS SELLING IN BUYERS’ FAVOR. By Telegraph—Prus3 Association—Copyright Received 2 f Jtb, 7.43 pun. London, Sept. 28. At the wool sales Merinos are uncln.tgcd in price, while crossbreds aro soiling slightly in buyers’ favor. t Addington on Wednesday, the fat cattle were 134, including a few good L evy-weights, but the majority socond* ary. Bidding was not quite so brisk, with tile exception of extra lots, which wore easier. Best brought 26s to 29s 6d, others ass Od to 25s for lOUlbs. Two prime local steers brought £l3s 5s and £l3 12s 3d ; 1 1 North Island bullocks, £ll to £l2 5s ; other steers, £6 12s (alto £lO 12s Od : heifers, £5 17s to £9 os ; cows, £5 to £8 2s (Id. The store cattle comprised 160, mostly useful lines, and there was an improved demand. Yearlings, £1 6s, 18 months £2 Is to £2 ss, 2-year steers £3 15s to £4 7s, do heifers £3 13s to £3 10s, 3-year do £4 7s 6(1 to £5, cows £2 10s to £3 Is. There was little or no demand for dairy ws, and very few sold at £3 to £7. Fat sheep penned were 4000, including good lines of crossbred freezers. A large quantity of good merino and crossbred ■wethers satv no change, but best merino withers improved. The majority were taken for export, but ewes were easier, b -.tellers tilling their requirements with , i eomiarv merino wethers. Heavy v eight crossbred wethers brought up to 21s 9d; freezers, 17s to 20s 9d; lighter Ills to 16s lOd; hoggets, best 15s ti 17s Id, others 13s 0d to 15s ; best owes 115 s to 17s Id, others 11s 6d to 14s Oil, vc.-y prime merino wethers to 19s Id, oxers lbs 2d to 18s 3d, others 11s Cd to ■ . 6d.

l'irt. Lambs.—Forty sold at 15s to 225. The store sheep comprised 1277, a mixed entry. There was virtually no do of wethers and hotpots owing to the !ry weather, but ewes and lambs were in b.ittcr demand, and three lots sold at 7s lid to Ss 5d and Sis Id, till counted. —About IUO were penned, and a good side resulted for all sorts, Northern ad Southern buyers operating for fat rniconers at 55s to 5Ss (id ; porkers ‘ids to fills tkl, both equal to 0 ,hi to Id per lb : large stores Ids to 20s (id, smaller 10s to 10s 3d, and suckers and weaners 5s to 10s.