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COMMERCIAL CABLEGRAMS. LONDON, November 21.

The total quantity of wheat and flour afloat for the United Kingdom is 1,855,000 quarters, and for the Continent 1.240,000 quarters. The Australian ' and New Zealand Mortgage Company's debentures are unaltered. The annual report of the New Zealand Loan and "Mercantile Agency Company , shows that the earnings are £211,272. After the payment of interest on the prior lien and second debentures, there remains £1376 to be carried forward to the third lien debenture interest account. November 22. At the tallow sales 421 casks were offered, and 575 s6ld. Prices for all kinds are unchanged. Tin, £124. November 24. The Bank of England returns show the slock of gold, coin, and bullion to- be £30,148,000 ; reserve, £20,413,000 ; . the proportion of reserve to liabilities being 43.19. The notes in circulation total £28,301,000; public deposits, £8,189,000; other deposits, £38,857,000 ; Government , securities, £13,341,000 ; other securities, I £31,252,000. Three months' bills are discounted at 4| per cent. Consols, £103. Quotations for colonial Government .stocks are subjoined, compared with those ruling at the close of lasfc week : — Nov. 17. Nov. 24. New South Wales 4's .. .. 116= 116J New South Wales 3J'a ... ... 105 104? New South Wales 3'a .. „ 100J 100J 1 Victoria 4's 112 lllg Victoria 3V s 106 106 j Victoria 3's .. .. . * „ 97 — ' South Australia 31' a.. .. 103 10S 1 South Australia 3's .. ... — 97 Queensland 4's .. .. „ 11l 110 Queensland 3i's .., .. .. 105J 106$ New Zealand 4's .. .. .„ 111| 111J New Zealand 3A's .. .. .. 103 108" New Zealand 3's .„ .. w 97J 97J Wcstralia 3Js"s „., „ „ 105 105 Tasmania 3A's „ „ «« 104J 105 Copper: Spot, £75 12s 6d ; three months, £74. The market is firm. ~Tin (steady), ,£126 10s. , Iron, 71s Id. Lead, £17 12s 6d. Silver, 2s 3 5-16 d per oz. Sugar (flat) : German, 9s ; Java, lls 9d.

The Bradford wod market is excited. | Common sixties, 31d ; supers, -32£ d. River , Plate tops, at Antwerp, 6.35fr per 100 ! kilogrammes ; November and December delivery, 6.45fr; and for April delivery" at Roubaix they are quoted at 6.60fr to 6.65fr. i The wheat markets are .quiet but firm. Sailer parcels afloat are quoted at 27s 6d ; ; 13,000 bushels new Victorian (January) j have been sold at '2Bs 9d. Butter is improving in price, and is in good demand. Choicest colonial, 100s to 104s; secondary (slow sale), 90s to 965; Danish, (strong), 116s. The American visible supply of wheat is 81,039,000 bushels. Tin, £129. November 26. Frozen iUutton. — Crossbred wethers and maiden ewes : Canterbury, 3^d ; Dunedin and ' Southland, 3d ; North Island, 2id. Lamb : Prime Canterbury, 4d ; fair average (including Dunedin, Southland, Wellington, and secondary Canterbury), 3£d ; River Plate, unchanged. \ Hides are in strong" demand, and there is a general advance of a farthing. Queensland heavy ox realised 6';|d ; New South Wales heavy, s|d. Australian leather and basils are dull. The hemp market is slow. Fair Wellington October and December siiipnients, £35 10s. Pearl shell is in good demand. Australian has generally declined ss ; Fiji advanced 10s. Silver, 2s 3^d per oz. SYDNEY, November 22. The stock report shows that last year the sheep decreased by 2,700,000, cattle 80,000, and horses 17,000, owing chiefly to ! the drought. The Daily Telegraph estimates the ex-, portable surplus of the new Australian wheat crop, including that of New Zealand, at 24,000,000 bushels. November 23. At the wool sales, both in Sydney and Melbourne, there is y a weaker feeling. The decline is most noticeable in merinos, these in Melbourne being fully a halfpenny lower than the prices obtained last week.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18991130.2.56.12

Bibliographic details

Otago Witness, Issue 2387, 30 November 1899, Page 20

Word Count
576

COMMERCIAL CABLEGRAMS. LONDON, November 21. Otago Witness, Issue 2387, 30 November 1899, Page 20

COMMERCIAL CABLEGRAMS. LONDON, November 21. Otago Witness, Issue 2387, 30 November 1899, Page 20

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