COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2356, 20 April 1899, Page 15

COMMERCIAL CABLEGRAMS.

LONDON, April 12. The total quantity of wheat and flour afloai for the United Kingdom is 3,135,000 quarterSj and for the Continent 1,3*5,000 quarters. At the tallow sales 569 casks were offered, and 66 sold. Prices for all sorts are unchanged. Tin is dull at £114- 10s. The American visible wheat supply is estimated at 51,747,000 bushels. April 14. The Bank of England returns show the stock of gold, coin, and bullion at £28,244,000; reserve, £19,491,000; proportion of reserve to liabilities, 38.90. The notes in circulation total £27,659,000 ; public deposits, £11,860,000; other doposits, £38,042,000; Government securities, £14,393,000; other securities, £34,873,000. Three months' bills are discounted afc 2 7-16 per cent. Consols, 110.5. Quotatipns for - colonial Government stocks are subjoined, compared with those ruling at the close of last week : —

Wheat Market.— The English and Continental are steady, while the American is hardening. Twelve thousand quarters of Australian (March shipment)' have been sold at 27s 3d ; April shipment is offering at 275. Sugar is hardening. Java, 12s 6d ; German, 10s 7£d. Bradford Wool Market. — Prices are very firm. Tops, common siities, 21jd ; ditto, super, 23£ d. ' Rabbits are scarce and quoted afc ll£d. The butter market is quiet. Colonial realises 98s to 100s. Metals. — Copper is firm ; spot, £573. Tin, flat; spot, £112 10s; three months, £111. Pig iron, 545. The imports of lead during the month totalled 22,648 tons, including 6413 tons of Australian, while the exports amounted to 3867 tons. Soft foreign is quoted at £14 10s ; spelter at £27 17s 6d. April 16. Two cargoes of 9000 quarters of South Australian wheat (February shipment) have been sold ato 27s 9d and 28s respectively ; 12,000 quarters of Victorian (April shipment) realised 275, and 9000 quarters (March shipment) 27s 3d. At the sheepskin sales there were good supplies of Australian and New Zealand woolled sorts, and competition was active. Merinos advanced id to Id ; fine crossbreds, £d to f d ; coarse sorts, to id. Frozen Meat. — Mutton: Crossbred ' wethers and maiden ewes — Canterbury, 4d ; Dunedin and Southland are 'not quoted ; North Island, 3 9-16 d. Lamb: Prime Canterbury, 4 13-l6d ; fair average (including Dunedin, Southland, Wellington, and secondary Canterbury), 4^d. River Plate crossbred or merino wethers, heavy, 3|d ; light, 3Ad The hemp market continues strong. Good New Zealand, on the spot, sold at £25.

ffew South Wales 4's .. Vow South Wales 3J's., tfew South Wales 3's „ Victoria 4's „ ...i Victoria Si's .. «„, South Australia 3J'o ,« South Australia 3's „„ Queensland 4's .. .■«, Queensland 3}'s .. Sew Zealand 4's . . .m STew Zealand 3J's .„ STew Zealand 3'a „j „ I'asmania- 3i's .. „ Westralia 3J's April 7. A .. 119 .- 106 .. 99i .. 1131 .. 107 • .. 108 i... 95i .. 112J ,* 107 i .. 114 -„ ioej •.. 100J .. 107J .. 104 &.pril 14 120 106J 100 113J 107 108 95§ 112J 107 i 1144 109 962 Unq'tc 104