COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2397, 8 February 1900, Page 15

COMMERCIAL CABLEGRAMS.

LONDON, January 30,

The total wheat and flour afloat for the United Kingdom is 1,910,000 quarters, and for the Continent 750,000 quarters. Wheat at Mark Lane is quoted sixpence dearer on the week. Ten thousand quarters of Victorian (January-February shipment) sold at 29s 3d. Tin, £12-7 10s. Bank of Australasia shares, £63 ; Bank 'of New South Wales, £39 ; New Zealand Xioan and Mercantile Agency Company's 4 per cent, prior lien debentures, £94. Other stocks are unchanged. February 3. The Bank of England returns show the reserve to be £23,951,000 ; the stock of gold, coin, and bullion to be £34,054,000 ; proportion of reserve to liabilities, 46.22. The notes in circulation total £28,351,000 ; public deposits, £11,441,000 ; other deposits, £40,222,000 ; Government securities, £18,057,000 ; other securities, £27,830,000. : ■ Three months' bills are discounted at 3| per cent. Consols are quoted at £100 10s (last Hre'ek they were £101 15s). Quotations for colonial Government stocks are subjoined, compared with those ruling at the close of last week : — Jan. 26. Feb. 2. New South Wales 4's .. „ 115£ 116 New South Wales 3Vs .^ .. 105J 105J New South Wales 3's „ ». 100% 100" Victoria 4's .. .. 110J \IQ\ Victoria 3|'s , tfr ... 105J 105* "Victoria 3's .. „ — 96 South Australia 31's 105 105J South Australia 3's 95 95 Queensland 4's „ 109 108 Queensland 3i's .. „ •„-" „ 105$ 105 I\ew Zealand 4's 112J- 112 New Zealand 3£'s .. ..' .. 105& 105 New Zealand 3's 96* 964 Westralia 3i's 104?.- 10-11 Tasmania 3J's 104 103 i Wheat : The markets are quiet, and prices a shade lower ; cargoes firm, Victorian and South Australian (January and February shipments) offering at ?9s 9d. Copper : Firm, £65 15s ; three months, •S7o._ The supplies on hand are 19,267 tons ; deliveries, 20,757 tons ; stocks, 21,327 tons ; and advised as afloat, 2750 tons. Tin: £127 10s ; three months, £124 15s ; Btocks, 17,543 tons; on .spot, 6129 tons; afloat, 2575 tons ; and deliveries, 2400 (tons. Iron A 69a,

Lead, £16 10s. Sugar is firm. German, 9s 9d ; Java, 11s 7£d. The Bradford wool market is lifeless, and sellers freely offer 60's at 30^d. Crossbreds have a weakening tendency. Tallow : The stocks are 14,261 casks ; imports, 5316 casks ; and deliveries, . 8456 casks. The smaller supplies have had the effect of hardening the market for butter, though there is less demand. Colonial, firm, 96s to 100s. Danish is weaker, 107s. Cheese is firm. New Zealand, 58s. February 4. Frozen Mutton. — Crossbred wethers and maiden ewes : Canterbury, 3d ; Dunedin and Southland, 2|d ; North Island, 2 11-16 d. Lamb unchanged. River Plate crossbred or merino wethers, heavy and light, both. 2 9-16 d. Hemp. — Market is dull. Fair Wellington (January and March shipments) are offering at £31 10s. Kauri Gum. — The stock is 1642 cases. Quicksilver, £9 12s 6d per flask. Antimony, £39 10s per ton.