COMMERCIAL.

Gisborne Times, Volume VII, Issue 330, 3 February 1902, Page 3

COMMERCIAL.

CONSOLS STEADILY IMPROVING.

By Telegraph—Press Association—Copyright London, Jan. 31.

The stock of coin is £34,326,000; Bank reserve, £25,558,000; proportion of reserve to liabilities, 48'46 ; circulation, £28,834,000; public deposits, £10,664,000; other degpsits, £40,782,000 ; Government securities, £17,279,000 ; other securities, £26,974,000.

Consols are at 94 j. Victoria three-halfs, 104£; New South Wales three-halfs, 105; Westralian threehalfs, 102£. The others are unchanged. Wheat: The markets are quiet. The price on the Continent is hardening. The American market was irregular, but closing firm. Cargoes are neglected. Victorian, near coast, sold at 30s 3d ; South Australian January-February shipments, 28s 9d.

Copper: The market is aotive and excited. On spot, 54f; three months, 54 j. Tin is firm. On spot, 107; three months, 104. The Bradford wool market is hardening. Common sixties are at 19J, and supors at 20.}. At the wool sales the market was less animated, and faulties were somewhat easier. Other classes were firm.

For butter the demand is improving, with an upward tendency in price. Colonial is at 104 s to 106 s, some asking 108 s. Danish is recovering; it is at 109 s to Ills. The Tongariro’s cargo arrived in good condition. The cheese market is firm, but the price is unchanged. Rabbits are in strong demand at 9d.