COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 12415, 26 July 1902, Page 7

COMMERCIAL CABLEGRAMS.

. Piess Association—By Telegraph—Copyright, LONDON, July 25.' (Received July .26, at 1.1(5 a.m.) The Bank of England returns show the stock of gold, coin, and bullion to be £35,958,000, and the reserve £26,404,000. Tlio proportion of reserve to liabilities is 56.50. The notes iu circulation total £29,650,000, public deposits' £11,652,000, other ■ deposits £39,446,000, Government securities £16,986,000, and other securities £25,881,000. Consols arc quoted at 95£. Three months' bills are unchanged at 2-i per cent. Quotations for colonial Government stocks are subjoined, compared with those ruling last week:— July 18. July 25 -\ew South Vales 4's .. .. 114 113 New South Wales 31' a 103J 103' New South Wales 3~s .. .. 95" 95 Victoria 4'b ...112 • 112 Victoria 3J's ..104$ i(MJ Victoria S's 96$ ■ 95 South Australin 3Vs .. .. 104" 104 South Australia B's .. ~ 051 95 Queensland 4's 10G~ 106 Queensland !)Vs 102J 101| New Zealand <l's .. .. 113" 118 New Zealand SJV 107J 108 New Zealand -S's .. .. .. '96J 9fiJ Tasmania 3Vb ..104 101 Westrulia BJ's 103 101 Wheat.—Tivo Australian cargoes sold at 29s and 28s respectively. The wheat markets are quiet generally, but steady. The Hungarian is strong. . Cargoes are dull. Victorian and South Australian March shipment arc quoted at 29s Gel. Sugar.—German, 6s; first marks, 7a ,6d. Copper.—Spot, £52 15s; three months, £52 17s Gd. Tin.—Spot, £127 10s; three months, £125 ss. Pig iron, 56s 4d. , Spolter, £19 Is 3d. Load is unchanged. | Silver, 2s 0 7-lGd per 03.

—What to do with the prunes grown in tho Paoifie States has (axed the ingenuity of growers, who have spent great sums in creating a demand for their crops. A grower has now discovered a new use for primes— the manufacture of vinegar. Experiments have been made which demonstrate that from prunes can bo distilled a juice that in quality goes far above the standard required. —M. Sibillot, a Parisian aeronaut, has devised a new principle of aori.il navigation, v'l'iob he anticipates will 6olvo r ho problem of travelling through the air. He has completed tho plans of a new dirigible balloon, which he maintains will be manageable in any weather. Ho proposes to carry in his aerial machine a refrigerator and a heating apparatus. By simply pressing a lever of tlw former he thus reduces the temperature of the gas, the condensation causing the bal|oon to desoond. On heating the hydrogen tho gas expands, and thus tho balloon asccnds. By this alternative healing or cooling of tho gas in his balloon ho can rise l or fall at will without allowing any of his hydrogen to escape. THIS SPEAKS FOR ITSELF, ■ Tho following testimonial to the value of TUSSICtJRA as a throat and lung oure has been received from Mr James "Wilson, "Waitahuna, of the Railway Department:—" To Mr S, J. Evans, Dunedin. Dear Sir,—For the past five months I have been suffering from a most severe cough, giving great distress, and have tried many medioineß advised by my friends, without the slightest good resulting. About a week ago my wife purchased a bottle of TUSSICTJRA. at the local store, and I am pleased to state that since taking it my cough has entirely disappeared, and I can thoroughly recommend it to my fellow-sufferers. You mav; make what use you like of this testimonial, as I give it voluntarily and with pleasure. As I am well known in this district, I shall be glad- to advise any of my friends to taka it." Sfr Wilson's experiences of this wonderful remedy are similar to those of every person who has tried it. Obtainable iIOB gU -"ill stojftke^a^