COMMERCIAL TELEGRAMS, London, January 5.
The total quantity of wheat and flour afloat for the United Kingdom is 2,820,000 quarters, and for the Continent 1,300,000 quarters. 'the American visible supply of wheat is 64,173,000 bushels. "i allow : Mutton— fine duality, 22a ; medium, SQi. Beef— fine, 20s 6d ; medium, 18s 6i. National Bank of New Zealand shares, £2 ss. Bank of New Zealand 4 per cent, guaranteed Jtock, 103 J. New Zealand Loan' and Mercantile Agenry Company 4 per cent, prior lien debenture stock, SSi. Jai.uary 7. The weekly returns of the Bank of England, published to-day, show the total reserve to be £19,085,000, and the proportion of reserve to liabilities 39-J7.
Three months' bills are discounted at 2 7-16 per Eenfc. Consols, 113. Quotations for colonial stocks :—: —
The English wheat n" arket is firm, but little buei "ness is doing. The Continental market is inactive ; the American declining Californian No. 1 milling, 37s 3d ; Russian cargoes, 37s 6d ; London
quotations hard Duluth, 40s s)d. Sug-<r, dull. Java, lls 3d ; German, 9s 6d. No. 1 best Scotch pig iron (f.o.b. in the Clyde), 45s 4Jd. 1 he Bradford wool market is improving. Butter : Australian (dull). R65 to 98a. A few l»cx-.s are r- alieing lOtk. Unseasonable weather is depressing the niaiket. m Danish, 108s to 110s. Rabbits : Colonial are dull of sale at BJd. January 9. Crossbred wethers and maiden ewes : Canterbury, SJd ; Dunedin and Southland, 2 15-16 d ; Uorth Island, 2d. Lamb is not quoted. Kiver Plate ciossbred or merino wethers, heavy and light, 2£d. Hides : Heavy ox, 4£d to 4|d ; light, 4d to 4§d ; cow, 3Jd to 4£d. Basils : Australian strained, 8d ; New Zealand, SJd. Leather : Australian, best heavy, 9|d.
Variaiiona compared with last week Price. • 4%N.5.W 3J *; N.S.W. ... 3 7. N.SAV ... 4 % 'Victorian 3£ '/. Victor ian 3i % South Australian 3 % South Australian - ... 4 % Queensland 3i % Queensland 3j % West Australian 3j % Ta&manian 4 % New Zealand Bk X New Zealand 5 % New Zealand £ s d 121 0 0 108 5 (' 102 0 0 112 0 0 106 0 0 110 0 0 100 0 0 113 5 0 106 0 0 107 0 0 111 10 C 11(5 0 0 109 5 0 101 10 0 20s lower 5< higher 30s lower unchanged 10s lower unchanged unchanged 15a higher 10d lower unchanged 30a hight-r unchanged 5s lower unchanged
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Bibliographic details
Otago Witness, Issue 2289, 13 January 1898, Page 14
Word Count
388COMMERCIAL TELEGRAMS, London, January 5. Otago Witness, Issue 2289, 13 January 1898, Page 14
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