COMERCIAL CABLEGRAMS

Otago Witness, Issue 2722, 16 May 1906, Page 21

COMERCIAL CABLEGRAMS

. LONDON, May 8. Copper. — Three months, £82. Tin.— The market is excited. Spot. £193 to £193 103, three months, £189 15s to £190 10s.

Lead, £16 10s. Sliver, 30Jd per ounce. The quantity of wheat and flour afloat for the United Kingdom is 3,815,000 quarters, and for the Continent 2,149,000 quarters. The Atlantic shipments were 127,000 and the Pacific 15,000 quarters. Stocks and Shares. — Banks • Australasia, £96 to £37, -Sew South Wales. JE-I1 to £45; Union, £51 to £52; JTational of New Zealand, £5 to £5 10s. New Zealand Loan and Mercantile Agency debentures, £93.

Tin.— Spot, £197; three month?, £190. with large dealing and heavy buying orders from all sources

Pig iron, 50s Id. Poultry consignments from Sydney are of excellent quality and condition. Consignees consider the Aylesbury ducks which took the prize at the recent show for dressed poultry the finest ever imported into London. Wheat. — An Australian cargo sold at 31s 4Jd. At the tallow salea 1467 casks were offered and 771- sold. Mutton: Fine, 325; medium, 27s 6d. Beef: Pine. 21a 9d; medium, 27a.

The American visibfe supply of wheat is 51.256.000 bushels

. May 10. Copper: Sx>at, £85 12s 6d; three months, £82 10a.

Stocks and*" snarespT Bank of New Zealand, £9 to 69 10s. New" -Zealand Loan and Mercantile Agency Company, £93. The reports of the Trust Agency Company of Australasia show a profit of £68,734. A dividend of 5 per pent, was declared and £1700 was carried {orw.ird.

May 11. The wheat markets are quiet, with a rather weak tendency. Buyers are holding off in anticipation of large arrivals. Cargoes are dull. The sum of 31s 6d is asked for South Australian, off the coast, and 31s 3d for New South Wales ; 31s to 31e 6d for cargoes afloat. Australian spot is, quiet at 335. New Zealand long-berried, 31s 6d to 32s ; short, 31s to 31s 6d.

Flour ie steady. Patent makes in London are quoted at 23s to 23& 6d ; Glasgow, 24s 3d to 246 6d.- Nothing doing in freights.

The butter market is steady. Colonial is unchanged, while Danish has hardened.

Cheese : Slow sale. New Zealand white, 60s ; coloured, 62s to 635. May 13. Silver. 30 15-16 d per ounce. Tin : The position is very sound. Consumers are buying very largely, and there is a strong demand for American. It is believed that the requirements there are still uncovered. Spot, JE2O3; three months, £197 10s. Copper. Spot, SS4. Os; three months, £83 ss.

Lead, £16 10s. The imports are 19.574 tona ; Australian. 3670 tons, exports. 3691 ton.*. Hemp: Steady May and June, £31 Ss. Frozen meat Sheep— Canterbury, light. 3Zd , medium. 3 13-16 c l, heavy. 3J.d ; North Is and, 3id , best, 3id. Lambs— Canterbury.

light, 4Jd; medium, 4 11-16 d; heavy, A 3-163; ' Beef, unchanged. River Plate sheep — Heavy, 31d; light, 3Jd. Beef, unchanged.

Rabbits very dull. Large* Australia')!, IBs t<J 13s 6d. Waihi shares are £7 13s 9d to £7 16s 3d»