COMMERCIAL CABLEGRAM.

Otago Witness, Issue 2413, 7 June 1900, Page 15

COMMERCIAL CABLEGRAM.

LONDON, May 30. The total quantity of wheat and flour afloat for the United Kingdom is 3,025,000 quarters, and for the Continent 1,770,000. The Benlarig's cargo sold at about 28s 4J,d. Argentine grain shipments in bulk are proving a great success. Since January 16 steamers have brought 30,000 tons to Liverpool. ' ' The Australian and New Zealand Mortgage Company's she res are unchanged. Consols, £101 17s 6d. At the tallow sales 574 casks were offered, and 10 (?) sold; nominally there is a decline of 6d. i June 1. I The Bank of England returns show the reserve to be £21,445,000 ; coin and bul- : lion, £31,568,000 ; percentage of reserve to liabilities, 44.37. The notes in circu- ! lation total, £29,484,000 ; public de- I posits, £7,392,000 ; other deposits?, ' £40,707,000 ; Government securities, ' £14,520,000; other securities, £30,170,000. j Three months' bills are discoimted at 1% per cent. | Consols, £102 10s. - X Quotations for colonial Government ;- rocks are subjoined, compared with those valing at the close of last iveek :—: — " |

The American visible Avheat supply isi astimated at 5g,705,000 bushels. j Wheat. —Large supplies and fine -weather have caused a stagnation and depressing i markets. The French market is firm. The Sterling and Akersha's cargoes of Yic- j lorian wheat sold at 28s 9d; also 10,000 quarters of Victorian (prompt delivery) at 20s. Sugar is quiet. German, 10s 7^d; Java, unquoted. | Copper, nominal. Both spot and three months are quoted at 572 10s. j Tin, nominal. Spot,' £137 5s ; three ' months, £132 10s. Lead, £17. j Wool —The Bradford wool market is restricted. Common sixties, 234 d; super, 24d. Colonial rabbits (flat), 7d to 7£d. Pig iron spelter is not quoted. Silver, 2s 3 9-16 d per ounce. June 3. { Frozen Mutton : The market is unchanged. Lamb: Prime Canterbury, 6d ; fair average, ' including Dunedin, Southland, Wellington, and secondary, 5Jd. New Zealand beef, 1801b to 2201b, fair average quality —ox forequarters 3 l-16d, hindquarters 4^cl. „ Tin: The stock is 15,547 tons, the quantity snoat 2007 tons, on spot and landing 4114 tons; deliveiies 2666 tons. Copper: Supplies 25,240 tons, deliveries 23,511 tons, stocks 29,204 tons, advised a& afloat 2925 tons. Tallow: Stock 19,120 ca=ks, imports 8120 casks, deliveries 5751 ca&ks. | The Highiielcl wheat cargo sold at 295. j

Xsw South 'Wales 4's .Yew South Wales 3J's .■few South Wales 3's Victoria 4's Victoria 3J's ■Joufch Australian 3J's 3otith Australian 3's Queensland 4's Queensland Sg's „ „ ]Sfe\v Zealand 4's .. .. New Zealand 3J's New Zealand 3's .. .. "Westralia 3b' s .. .. Tasmania 3f's May 25 .. 117 .. 104 .. 100 .. ill . . 1032 .. 107 .. 9i .. 131 . . 103| .. 110 .. 10G .. 97 . . 102J „ 104 5. June 1. 117J 104 i 1001 111 10 4 \ 107 04 111 104* 110 i 106J 96i 102 i 104