COMMERCIAL TELEGRAMS.
Londqj*, May 25. The total quantity of whaa.t and flour afloat for tie United Kingdom is 2,430,000 quarters, and for the Continent 2,670,000 quarters. Snare quotations :— National Bank of NewZealand £2; Bink o£ New Zealand 4 per cent, guaranteed btock, )0l£; New Zealand Loan and Mercantile Agency Company 4- per cent, prior lien debentures P& Tallow ; Mutton— fine 24* Gi . medium, 22s 9d. Beet— fine,. 23s ; medium, 21s. May 26. .The Biiik. of England, rate of discount is quoted &c 3£ pet cent. The balk'of the rabbits brought from New Zealand by the Perthshire have been, condemn sd.- Appareafely tha carcases wera too t rgb+l y p&.tfkae? xa the crates. • Hemp : 10Q tons of New Zealand sold afe L2B. The wheat market is dull,, and the price haa fallen lsr. * May 27. The Bank of England reserve is- £-:6,.0J5,000. j The stack of g<xd, coin, an'! bullion for the neck { was £34,835,000. Th« proportion of reserve to Ha. i bilities it 4774, There was in circulation | ,£37,447,000. 'the public deposits auioiinted to ■ £12,043,000, other deposits to £43,332,000, Govern.. j ment securities to £13,201,000, and other securities i to £33,611,000. j Three months' bills are discounted at 2£ per j cent. J Consols, 107}. . Quotations for coloaial stocks :— Variations compared — Price. with /last week. £ s 'd "" 4 2N.S.W. .., 119 0 Q 33s higher 3b \ N.S.W. , ... 10b" 0 0 30s higher 1 & X N.S.W 99 5 ft 30» hither \ 4 '/. Victorian 112 5 0 15s higher !3i % Victorian: ... ... IQS 15- 0 30s higher 3& %Sauth Australians ... 109 O 0 unchanged 3'A South Australian ... 100 0- 0 unchanged * '/. Queensland ;.. .. 110 10 0 20a highsr 3i % Queend'aricO- , 105. 5 0 25s higher 3i XM'asmanian. .„ ... 109 0- 0 20s. higher 34 7, West Australian. ... 105 0 0 20j feigner 4.X Wew Zealand ... ... 113 & 0 30s holier 3$ % New. Zealand 107 15 6 15s hjgber j3 % New Zealand ... .- 9i> 0 °_ u »^h_»ng^ I Wheat.— The English and Continental markets j are quiet, wbflsfc t&o Aiaerican i% iscoveruig 1 . Ruasian cargoes, 475. London quotations : Sard Duluth, 53a 6d ; Califoinion, for. pcompt deli-rfcry, • I 14s 6d» Sugar is very firm. Java, 12s 3d ; German, 93 9d. Iron, 45s 3d. The Bradford wool market is very dull. The poultry by the Port Chalnieta realised the following prices :— Good ducks, 23 ;* chickens, 2s . 9d. Many of the rabbits, by th.c Buteshire arrived hi bad condition, tiilv <fi- is auotsd at 2s S£ci*
May 28. Weddel'i Dairy Produce Review says that the quality of Australasian batter shows an undoubted improvement over shipments of former years ; especially is this the case with New South Wales consignments. The Review advocates greater regularity iv supplies, and the formation of a committee to regulate prices. i
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Bibliographic details
Otago Witness, Issue 2309, 2 June 1898, Page 14
Word Count
453COMMERCIAL TELEGRAMS. Otago Witness, Issue 2309, 2 June 1898, Page 14
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