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COMMERCIAL CABLEGRAMS.

LONDON, August 29. The total quantity of wheat and flour afloat for the United Kingdom is 2,340,000 quarters, and for the Continent 1,080,000 quarters. A shipment of South Aus : tralian wheat sold at 30s 9d, a Tasmanian cargo, at 30s 3d,- and another. Australian cargo realised 31s. "Tin: 'On " spot, "£136; three- months/ £133." -- - ' ' Stocks and Shares. — Banks : Australasia*, £77; New South Wales, £43; Union, £37 10s; National of Nevr Zealand, £3. New Zealand 4 per cent, guaranteed stock, £101 ; New Zealand Loan and Mercantile Agency Company 4 per cent, prior lien stock, £91. At the tallow auctions 1800 casks were offered and 450 sold. Mutton— Fine, 27s 3d ; medium, 265. Beef — Fine, 26s 6d ; medium, 25s 6d. August 31. The Bank of -England returns show the stock of gold coin to be £33,793,000, and the reserve £23,335,000.. The proportion of reserve to liabilities is 47.33. The notes in circulation total .£29,810,000 ; public deposits, £9,184,000; other deposits, £40,007,000 ; Government securities, £18,025,000; other securities, £25,973,000. * Three months' bills are discounted at 3| per cent." Consols are quoted at £98 7s 6d,. Quotations for ' colonial Government stocks are subjoined, compared with those ruling at the close of last week : —

The wheat markets are firm, but inactive! Heavy rains are checking the French harvest. Copper is " quiet. Spot, £72 12s 6d ; three months, £73 ss. Lead, £17 12s 6d. Pig iron, 765. Sugar is steady. German, 12s. The Bradford wool market is firm. Common sixties, 19^d ; super, 20^d. The market is extremely good ; all sorts are well held ; holders are firm, and stocks low. September 2. Frozen mutton : Crossbred wethers and maiden ewes — Canterbury, 3§d ; Dunedin and Southland, 3^d ; North Island, 3 l-16d. Lamb : Unchanged. River Plate crossbred or merino wethers — Heavy, 3d ; light, 3 l-16d. Beef unchanged. Rabbitskin Sales. — There is a good demand, and the bulk of the offerings were sold. Best advanced The others are unchanged. - Currants, 455. Tallow.— The stock' is 27,630 casks, the imports for the month 11,819 casks, and the deliveries 7199. Tin. — The stock is 15,413 tons, on spot 4604 tons, afloat 4209 tons, deliveries 2638 tons.

Aug. 24. Aug. 31. tfew South Wales 4's . . .. . . 115 115 KTew South Wales 3?,' a.. ..- 102| "102g Itfew- South Wales 3's .. .. 100 100 Victoria 4's >.. <. „ 107- 107 Pictorial's .. .. 103 • 102| South Australia 3£'s .. „ 4 . 106 • 105f 3outh. Australia 3's .. W 901 90f 4's .. ,„ .-. 109 109 Queensland 3J's „ .. .. ,» 102 -.102 tfew Zealand 4's „ .» ... „' 111 111 STew Zealand 3^'s .. ... a , : .. 104J 104| Wew~ Zealand 3's .. ♦. ». ,►• 97£ 97 SVestxulia 8f a .. .. .. „ 103 103 - Daamania 3's ; .. .. 102 102

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19000905.2.37

Bibliographic details

Otago Witness, Issue 2425, 5 September 1900, Page 16

Word Count
427

COMMERCIAL CABLEGRAMS. Otago Witness, Issue 2425, 5 September 1900, Page 16

COMMERCIAL CABLEGRAMS. Otago Witness, Issue 2425, 5 September 1900, Page 16

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