COMMERCIAL

Oamaru Mail, Volume XXVI, Issue 8227, 14 September 1901, Page 2

COMMERCIAL

I [By Eleotbio Tslegbaph.—Coptmoht., Pre Pbkss AsaooiATro*. Received September 13, at 10.40 p-m.' -London, September 13. Tlhe Bank of England returns are: Stock iof gold coin and bullion, £37,073,000; reserve, £27,237,000; proportion of fe-serve tio liabilities 52.73; in circulation, £29,667,000 : public deposits, £11,480,000; iwther deposits, £40,003,000; Gweirnment isecuriltdes, '£16,685,000; (other securities, £26,048,000. Three miontihs' bills are discounted' ait 2|- iper cent. .Consols, 93J. New South Wales 3 per cents, 95. Victorian, 3i, 105£; 3's, 96f. New Zealand 3's, The rest are unchanged. Copper is nominal; spot, £67 15s; three months, £6B 2s 6d. Tin is steady; soit. £l2O 15s; luhree months, £llß. : " Pig iron, 545. The lead imports are 18,883 tons, of whsieib ithe Australian are 4913.. The exports are 3709. ~ Silver, 2s 3d. " The wheat market is quiet and steady. French is la shade easier, the" wop being |suipetrior itto espectaitions. Cargoes are slow of sale. South Australian, afloait, sold -ait 28s 6d, and Victorian September at 29s 3d. A steamer parcel of New South Wales, nearly due, fetched 26s 9d. Sugar- js ' declining. German, 7s 9d ; first marks, 10s 1-d. Wool.—Bradford' is very firm and common sixties are quoted at 19d, and supers ■a* 19|d. . Rabbits are slow. New, 8d; old, Bjd. TIMARU PRODUCE MARKET. To-dav's Tim'aru Herald reports:—This ■week has seen much change in the grain anarkeis than has 'been chronicled for tome time. Wheat, has gone back, and the market is much easier—a decline of Id per bushel having- to be recorded. The allround 'quotation is now 2s sd. The mamket for oats is still buoyant, the demand being ■very fair, and all offered is bein? eagerly taken up, the -quotation being 2s 1-jd on ivuyks at Tiiwaru for all prime lines. _ In a few .cases lusher prices have been given but these are for small lines token from the .stores at Tiniami. It is hard to tell just- now 'whether itlie price quoted will be .maintained for any length of time. Feed bartey is .quoted at Is" 6d f.oJb., but at this price holders prefer to use it themselves 'and dispose- of their oats. Potatoes uro.

considerably easier, and are now quoted ait £4 on trucks at Tiinuru, and at this figure Trovers are not at all keen to do business. STOCK SAI..K. At uhe Studholme Junction sale yflsievday there was an entry of 4000 sheep. 130 head of cattle, and 20"pigs. Owing to the preait scarcity of grass, 'sheep met a very decided decline. but in the cattle market, owing (to uhe operations of northern buyers, a very healthy tone prevailed. Fully half EJis sheer* entries were passed in unsold, bub ■vviitih. tQie exception of about ten head the -whole .of the cattle -were sold at aucition. iSlieap.—iFat Maiden ewes and wethers 17s sd, fat iwethers (light weights) 14s 9d, hoggets (J-breds) lis 5d to 13s 2d, the latter price 'being for un exceptionally sood line sent forward by Mr Forsyitih of 'Mofven, i-ibred ewe hoggets 13s Id, cull ihoggets 8s 4d, 2 and 4-taotJh i-fored ewes (in laanlb) 14s 7d, old ewes (some wMh lambs at foot) 7s 9d. Oaittle.—Fat cows £8 to £7 for good TveigihtS, fat heifers (medium) £5 7s 6d, spaftnigiin'g' cows and heifers £3 10s to £5, 3-veair steers and heifers £2 12s 6d to £4 2s 6d, 2-year-olds £2 10s ito £2 18s, yearlings .£1 17s 6d.