COMMERCIAL.

South Canterbury Times, Issue 7078, 25 February 1893, Page 3

COMMERCIAL.

(Ps» EiBOXBIO Tbibobato—(Per Press Association) (Received 11.15 a.m., Feb. 25th.) London - , Feb 24. The total amount of reserve in the Bank of England is £19,176,000. The proportion o£ reserve to liabilities is 51 30. . , i o Three monffca bills are discounted at 2 per cent; firm. Consols, 98|. New Zealand 4 per cent inscribed stock, 106 J; 3£ ditto, 96iNew Zealand long framed wheat, ex warehouse, 31a 3d, market weaker. Adelaide wheat, ex warehouse, 33s 3d, flat ; Victorian, ditto, 335. The estimated visible supply of American wheat is 105£ million bushels. Hutton, Canterbury, 4|d ; Wellington, 4*d ; Canterbury lamb, 6d ; beef, forequarters, 3id ; hindquarters, 4d. New Zealand hemp is in fair demand, ndtbetntktt ia .toady. 130 b.laaol Wellington aold, for good, £2o 8-1 ; falr i £24. Five hundred and fifty cases of kauri g nm have been sold at the following prices Fine pale scraped, £9 15 5 scraped, £4lO ; pickings, 48s. Factory butter, ex Doric, realised 96s to 102 s ; dairy ditto, 86a to 94a. Wool, merino, is very depressed and prices easier, but a brisk business is doing in crossbreds., Sugar, German beet, 14s o|d ; Java cane, 16s 3d ; market quiet. No. 1 best Scotch pig iron 41s 2d, nominal. The market is flat and no business is doing, owing to a corner in the trade. Shares in the Bank of Ireland have fallen to £6 2a.

an d straight vantage, winning by a light a good third. Eria-go-Bragh out paced, and did not persevere after a mile and a half have been gone. Hopeful Stakes, Handicap of 120 sova; 6 furlonga. Au Bevoir, 7st 2lb ... (C-eoaon) 1 RoaehilJ, 6at 121 b (Connop) 2 Persuasion, 7st 71b ... ••• (Higgott) 3 Time —Imin !7aeo. Dividend —£4 15a and £5 9a. Through Saracen rushing across hie nearest attendants Response was unable to take any part in the race, while Beadonwell and Vogengang got away very badly. Roselull and Au Revlor had the race entirely to themselves. Bottler’s oolt winning very easily by a couple of lengths, a head between second and third. Beadonwell and Vogengang close up to Persuasion. Fosbury Handicap, of 250 sovs; U mile. Prime Warden Bst 10lb ... (Cochrane) 1 Heather Bell. 7st 121 b ... (Connop) 2 >Kulnine. 8«t slb (Clark) 3 Prime Warden led from the start, winning in a common canter. Time - 2min J 3iseo. Dividends —£5 3s and 4b. Marshall Stakes, Strowa«,7st7lb (Bucldicombo) 1 Outpost, 7st 51b ,J PyDe } I The Lumper, Sat 71b (Derrett) 3 Won by a nose. Time-—lmin 18*ecs. Dividend —£1 Bb.