COMMERCIAL.

Timaru Herald, Volume LVII, Issue 6063, 24 September 1894, Page 2

COMMERCIAL.

» . : (PBB E&BOIBIO ThIBGBJJPH-— UOBYBIQHT.) (Pbe Prms Association.) Received 1C.30 a.m., September 22nd. London, September 21, It; la officially announced that the New South Walea loan averaged £101 14s Bd. Received 11 a.m., September 22nd. The weekly returns of the Bank of England, published to-day show the total reserve to be £31,116,000, and the proportion of reserve to liabilities 70-66. Consols, 102 J. Three months' bills are discounted afc £ percent. New Zealand 4 per cent. inscribed stock, 109J ; 3i per cent, ditto, 102f ; New Soath Wales 4'a, 110£ ; 3£'s, 10l£ ; Viotorian 4'b, 104$, ex interest ; 3s'a, ditto, 98^ ; Suuth Australian 4's, 108$ ; 3^'s, 100£ ; Queensland 4's, 106| ; 3J's, 98f; Tasmanian 3*'s lOOh ; Western Australia 4's 311. New Zealand frozen mutton, first quality, 3|d ; second ditto, 2Jd per lb ; lamb, first quality, 4d. ■ New Zealand hemp is dull. A fair sample from Wellington sold at £15 per ton. Kauri gum is irregular. Clean hard* scraped sold at £5, three-quarter scraped £4, fair half-acraped £2 10a. The Maori King's store bullocks averaged 3|d per lb. New Zealand long-berried wheat, c* warehouse, 24s 6d, business restrioVed ; South Australian and Victorian wheat, ex warehouse, 245. Sugar, German beet, lls 3d, steady ; Java cane, 14s, quiet. No. 1 best Scotoh pig iron, f.o.b. m the Clyde, 43s 6d, market quiet. At the wool sales prioeß are hardening* Americans are buying sconced wools, Silver, 2s 5d par oz. Reoeived 11.15 a.m., September 22nd. Experts consider that the fish end; quail jhipped at Sydney are unsuitable for the English market. The hareß, rabbits, teal, iuoka. and turkeyß have arrived m fine condition, and they believe there would be a good market if shipped m proper jeaßon. The experts also consider that a shipment of 1 per cent, of salted batter would baa formidable competitor to the mild English butter, Eeoeived 1.30 p.m., September 22nd. At the wool sales there was a good jelection, and 14,000 bales were offered. Bidding was less animated except for superior lots which was more spirited.