COMMERCIAL.

New Zealand Herald, Volume XXX, Issue 9367, 25 November 1893, Page 4

COMMERCIAL.

CHRISTCHURCH WOOL SALES. Christchurch, Friday.—The first wool sale of the season commenced this afternoon and continued to-night. For strong lustrous wools and light sound merinos the competition was exceptionally keen. There was a good attendance. The buyers included some who had not previously operated at the local sales. Halfbred sold up to 9d, crossbred to Sid, and merino to 6£d. Generally speaking wools this year have been less earthy than last year's clip, but while some are in staple and wellgrown, they are mostly heavy with grease, and in some instances show signs of shearing having proceeded when the sheep were wet. LONDON. Press Association.—Electric telegraph.—Copyricht. London. November 23. The weeklv returns of the Bank of England, published to-day, show the total reserve to be £17,132,000. The proportion of the reserve to liabilities is 52. Consols are 98J. Three months' bills are discounted at per cent. New Zealand 4 per cent, inscribed stock, 106: 3i percent, ditto, 97. Frozen mutton': First quality, 3|d per lb ; second quality, 3|d. Lamb: First quality, 4d per lb. . New Zealand hemp : The market is dull. 22 bales of fair quality from Wellington sold at £18 10s per ton. Butter: Danish, 130s per cwt.; Australian and New Zealand, 124s to 1255. New Zealand longberried wheat, ex warehouse, weaker at 293 3d ; South Australian wheat, ex warehouse, also weaker at 30s; Victorian ditto. Sugar : German beet, weaker at 12s 6d ; Java, flat, 15s 9d. No. 1, best Scotch pig iron, f.o.b. in the Clyde, active at 435. THE WOOL SALES. Press Association.— Electric Telegraph.— London, November 23. Fresh arrivals of wool up to date number 154,400 bales, of which 15,000 bales have been sent forward direct to the manufacturing districts, The total quantity available for the ensuing series is 173,000 bales. It is expected that prices will be firm, and that the River Plate tops will be a halfpenny dearer. AUCKLAND STOCK. AND MINING ASSOCIATION. Business Done.-Hazelbank, 2s 6d ; May Queen, 2s, 2s Id. Buyers.— Zealand Insurance, 62.5; Auck land Gas, old, £10 12s 6tl ; Uazelbank, 2s 5d ; .May Queen, Is lid ; Victoria, 2d; Hed Meicury, lOd. Sellers.—New Zealand Insurance, 64s ; Northern Steamship, 4s 3d; New Alburuia, 2s 6d ; Hazelbank, 2s 7d; May Queen, 2s 2d; New Moanataiari, 3s; Norfolk, lOd; Orlando, 8d; victoria, 6d; Red Mercury, Is Id ; Try Kluke, 2s 9d. Samuel Vickers James Reid R. Fratev R. G. Maclcy J. M. Lennox G. F. Brimblecombt D. B. McDonald James Frator Aitken Carrick S. Thome George R. Spratt G. A. Buttle Francis Hull Charles Alexander j. F/iiau Clarke, Chairman 1 p.m., Friday, November 24,1893. CALL AND DIVIDEND LIST. calls £ «. d. Date. Junction G.M.Co. ... _. 0 0 1 _ Nov. 30 Silverton G.M.Co. .. -. 0 0 3 .. Dec. 13 Orlando G.M. Co 0 0 2.. Dec. 14 dividends: Waihi G.M.Co 0 10.. Dec. 30