COMMERCIAL.
THE WOOL SALES.
By Telegraph—Press A (sedation—Copyright London, Sept. 19. At tlie wool sales prices for low crossbreds show little change from lust sales. The i’ciiola clip .sold at Bid. London, Sept. 20.
The Bank of Englan 1 returns are : Stock of gold coin and bullion X 37,303,000 ; reserve, X'27,886,000 ; proportion of reserve to liabilities, 5319 ; in circulation, X'29,595,000 ; public deposit, X'l 1,071,000 ; other deposits, X'40,550,000 ; Government securities, XT6,G83,000 ; other securities, X'20,167,000. Three months' hills are discounted Ht 2 .7.10 per cent.
Consols arc 95 j. Victorian threc-hulfs, 100 ; Western Australian three-halfs, 103 ; New Zealand threes, 97 other stocks unchanged.
The wheat market is steady, hut a hardening tendency. The latest estimate of the British crop is 50 million bushels. Cargoes arc quiet. Victorian, alloat, 29s 3d ; South Australian, September shipments, 295.
The sugar market is weak. German, 7h 7id ; first marks, 9s 10.'<1.
The tin market is quiet. Spot, Xll-4 10s ; three months, XT 15. Big iron, 54s 3d ; lead, A'l2.
Silver, 2s 2 15-Bid per ounce
The Bradford wool is very firm. Common sixties, 111,M ; super, 20[d. The London sales of all classes showed spirited competition. L’rices are unchanged. The Omaravm clip sohl at 9{d, and Katandra at 15,|d.
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Bibliographic details
Gisborne Times, Volume VI, Issue 219, 21 September 1901, Page 3
Word Count
202COMMERCIAL. Gisborne Times, Volume VI, Issue 219, 21 September 1901, Page 3
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