COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2416, 28 June 1900, Page 15

COMMERCIAL CABLEGRAMS.

LONDON, June 20. At the tallow sales 1050 casks were offered and 600 sold. Mutton : Fine, 275 ; medium, 25s 6d. Beef: Fine, 265; medium, 25s 3d.

T3he total quantity of wheat and flour afloat for the United Kingdom is 2,535,000 quarters, and for the Continent 1,465,000 quarters. A cargo of Victorian wheat was sold at 30s 3d. Stocks and debentures: National Bank of New Zealand, £3; Bank of New Zealand 4 per cent, guaranteed, £100; New Zealand Loan and Mercantile 4 per cent, (prior lien), £91. June 22. The stock of gold, coin, and bullion in the bank is £32,057,000; the reserve, £21,891,000; the percentage of reserve to liabilities is 44.56. The notes in circulation total £29,630,000; public deposits, £8,141,000; other deposits, £41,021,000; Government securities, £14,661,000; and other securities, £30,561,000. Wheat. —The market is firm, despite the favourable weather. The European markets are doing a moderate business. A Victorian shipment now due was sold at 30s 6d. Tin is quiet. Three months, £138 10s'; spot, £129. Pig iron, 68s Bd. Three months' bills are discounted at. 2| per cent. Consols are quoted at £100 15s. Quotations for 3olonial Government stocks are subjoined, compared with those ruling at the close of last week: —

Tasmania 3£'s .. .., „ .. 103 103 Copper: Nominal. Spot, £71 12s 6d; three months^ £71 7s fid...

. Silver, 2s 3 13-16 d per oz. Lead, £17 7s 6d. Sugar is firm. German, 11s ; Java, not quoted.

The Bradford wool market is declining. ■Common sixties, 21^d ; super, 22^d.The American visible wheat supply is 57,428,000 bushels.

June ?4.

Wheat. — Nine thousand quarters of a South Australian June shipment were sold at 32s 3d. The Adrian's cargo of Victorian sold at 30s 10id.

Frozen Meat. — Mutton: Crossbred wetheis and maiden ewes — Canterbury, 4|d ; Dunedin and Southland, 4- l-16d ; North Island, unchanged. Lamb: Prime Canterbiiry, ssd; fair average (including Dunedin, Southland, Wellington, and secondary Canterbury), 5 7-16 d. River Plate crossbred or merino wethers, heavy, 4^d; light, 4^d. Beef, unchanged.

MELBOURNE, June 25

Wheat is advancing. Large sales have been made at 2s Hid, and prices closed firm at 3s.

June 15 Tew South "Wales 4's .., ■*. 116 Tew South "Wales 3&'s ..• .. 104J Tew South Wales 3's .... .. 104| r ictoria 4's .. .. .ta HO r ictoria 3J's .. ..; ..: ;.-., 103 louth Australia 3J's .. -.. 109 loufch Australia 3'a .■»- .« „-. 93 Jueenslancl 4's . « a^ .. 100 Jueensland 3^'s ... «, .. 102| Jew Zealand 4's OT i vi] .. 111 Tew Zealand Sjs'a lM ; »b a..j 104| Tew Zealand 3's ... >» ... 98 Vestralia 3i's ..• r. fl -w., „. 103 5. J June 22. 116 104 • 100 110 1022 106 93 99 103 111 105 98 103