COMMERCIAL.

Timaru Herald, Volume LXXVI, Issue 11663, 23 January 1902, Page 3

COMMERCIAL.

United Press Association—Per E.Jctric j Telegraph—Copyright. Received 10.45 a.m., January 22nd. LONDON, January 21. The wool sales have opened strong. > Prices are 5 per cent, to 10 per cent, in advance of the closing rates of last sales. The Union Bank report shows :—Deposits. £14,678,000 ; cash investments, £5.132,000; bills and securities, 000. Copper, spot, £4B 2s 6d. Tin, spotf £lO6 10s; three months, £lO3 10s. Lead, £lO Us 3d •Yt the wool sales Jacomb and bon, Balme and Co., and Buxton and Ronald offered 9494 bales, a moderate selection. There was a large attendance of buyers, and a strong demand for merinos from all all nuarters, which ruled 5 per cent, above the December rates; stylish crossbreds TuUy 10 per cent.; and slipes and shabby .-orts 5 per cent, to 7£ per cent. The Americans were operating for best crossSYDNEY, January 22. Wheat, chick, prime, 2s 10£ d; milling, 3s Id to 3s 3d. Flour, £7 5s to £7 10s; Mamtoban, £ll 10s to £l2 ss. Oats, local Algerian. 2s 6d to 2s 7d; Tasmanian. 3s 3d to 3s 4d. Barlev, Cape, 2s 8d to 2s 9d; English, ' ss ld> ' • - M Maize, prime, os od. Bran.'lOd. Pollard, Is Id. Potatoes, £6 to £6 12s 6d. Onions, Victorian, 5s sd. Butter, creamery-made, lid. Cheese, New Zealand large white, 7d. Bacon, 6£d to B£d. Hams, New Zealand, 9£d to 10a.

MELBOURNE, January 22. Wheat is offering freely. Sales have been made at 3s to 3s 3|d. Flour, £7 to £7 ss. Oats, Algerian, feeding 2s to 2s sd, seeding 2s 6d. Barley, prime, 4s 9d. Maize, 3s. Bran. lO^d. Pollard, lid to __ Potatoes. £3 to £3 15s. Onions, £4 5s to £4 15s. ADELAIDE, January 22. Wheat, 2s lid to 3s. Flour, £7 to £7 ss. Oats, Algerian, 2s to 2s 3d; stout, 2s 3d to 3s. Bran, lid. Pollard, lid.