COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2490, 4 December 1901, Page 17

COMMERCIAL CABLEGRAMS.

LONDON, November 27.

The total quantity of wheat pnd flour afloat for Great Britain is 2,665,000 quarters, and for the Continent 1,540,000. Stocks and shares are unchanged. Copper. Spot, £65 100, three months, £63 7s

Tin : Spot, £118 os ; three months, £111. Lead, £11 ss. Tallow. — At the weekly sales 533 calcs were offered, and 169 sold. Prices for all sorts advanced 3d. November 29. The Bank of England returns show that the reserve is £23,860,000, and the stock of gold coin and bullion £153,04-5,000. The proportion of reserve to liabilities is 46.91. The notes in circulation total £29,285,000; public deposits, £10,371,000; other deposits, £40,298,000 ; Governmenit' securities, £17,525,000; .and. other securities, £27,215,000. Consols are quoted at £91 12s 6d. Three months' bills are discounted at 3|d per cent. Quotations for colonial Government stocks are subjoined, compared with those ruling at the close ot lasit week: — Nov. 02. Nov. 29. Kew South Wales 4's .. .. ' 115 i 116 New South Wales 3Vs .. 103~ 103J New South Wales 3~'s .. 94J 94S Victoria 4's 112 112~ Victoria 3i's 104^-- 104* Victoria 3's 96£ — South Australia 3i's .. .. 105 105 South Australia 3's .... 93 93 Queensland 4's 108 109 Queensland 3Vs ... .. .. 103 103J Queensland 3's .... .-. 91£ — New Zealand 4's 112 Ills Now Zealand 3?,'s .. .. 107 106^ New Zealand 3's , 94J 93^ Tasmania 3Vs 104~ 10:f Westralia 3\'s 103 — The wheat markets are very quiet and slightly easiej-. Cargoes are steady. Victorian and South Australian (Septem-ber-October shipment), 29s 3d; New South Wales (prompt), 295 ; Victorian parcels (November shipment), 28s 3d. Butter is very plow. Colonial is neglected at 110s to 112s; Danish (weak), 118s to 120s. The Wakanui'i butter arrived in excellent condition. Sugar is not quoted. Coppci- i* declining. Spot, £63 2s Gd ; three months, £60 7a Gil. Tin is irregular. Spot; £114; three months, £109. Lead, £11 Is 3d. Pig iron, 56s 3d. Spelter, £1G 12s 6d. The American vi-ible supply of wheat is 80,011,000 busheh.

December 1

Frozen Meat.— Canterbury mutton, 3kl ; Dunedin and Southland, 3Jd; Xoith Island, 2|d; Canterbury lambs, 4 5-16 d; fair average, unchanged ; beef, unchanged. These prices are the official quotations furnished by the Frozen Meat Trade Association. The basi<3 of quotations is the sale of not less than 100 cm-cases of mutton or lamb, or 25 quarters of beef. AU quotations for mutton are for fair average quality. The quotations for Xcw Zealand lamb do not include sales of small lambs or heavies of inferior quality.

All hides are withdrawn from sale in expectation of an advance. I\Tew Zealand basils, Is. Hemp is quiet. Good to fair Auckland October and December shipment, £33. Two South Australian wheat cargoes of 10,000 quarters in a Victorian sailer lor December and January sold at 29s 3d. Copper: Spot, £59 2s 6d; three months, £57 2s. Tin: Three months, £106. Siivei, 2s lid per ounce.