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COMMERCIAL CABLEGRAMS. LONDON, November 21.

.The total quantitj'- of wheat and fibui afloat, for. tJfe ."United Kingdom' is 2,055,000 quarters, and for the Continent 1,190.000. Shares.— Bank of Australasia, £7 ; Bank of New South Wales, £43; Union Bank, £37 10s. : At the tallow sales 2175 casks were offered, and 1475 sold. Prices rfor all kinds remain unchanged. November 23. The Bank of England returns show.thfc, stock of gold, coin, and ' bullion to be» £30,027,000, and the reserve £20,48^QQ04

The proportion of reserve to liabilities ' is 45.31. The total notes in circulation is '£29,154,000; public deposits, £8,180,000; other deposits, £36,833,000 ; Government securities, £17,445,000; other securities, £25,016,000. • _ Three 'months' bills are discounted, at fi- per cent. \ Consols are quoted at' £98 10s. , I Quotations for Colonial " Government stocks are subjoined, compared with those ruling at the close oi last week: — Nov. 16. N0v.28 USTew South Wales 4's .. .. 116 116 . New South Wales 3£'s .. .. 103| * ' 1031, JsTew South Wales 3's .. „' 93f 93f Victoria 4's .... .« .. ..-'llO 110 Victoria *3|'s 104 104 South "Australia 3Vs .. .. 107 107 South Australia 3's .. 96 95 .Queensland 4's 109 109 i Queensland 3k' a 104 ' 104 •New Zealand ~~4's 112£ • 112£ ' •SSTew Zealand 3*'e .. .. .. 108 106| ' 'New Zealand 3's .. „ .. 97% '97i •Westralia 3J's .. .. .. „ ,103~ 10l" .Tasmania 3's .. .. .. .. 103 103 Tasmania 3£'s ». ... .„ „ "103 103 , , T?he -wheat market is quiet and v steady. Cargoes, are hardening at 30s: '„ Butter. — The, market, is hardening. Choices.t is ■in good demand at 108s, with a few, samples' at" 110s. Secondary qiialities are neglected. Danish, 1255. Rabbits.-g^The market is very dull at Bd. Consignees complain of the state in which Victorians were shipped under the Government stamp. Copper is nominal. Spot, £74 to £76 ; three months, £73 2s 6d. Tin is very firm. Spot, £128 ss. Pig iron, 67s Sd. . Lead, £17/ , ■ Silver is quoted at 2s s^d per oz. •Sugar. — The market is quiet. German, 9s 6^d ; first mark granulated, . lls l?sd. j The Bradford wool. market is restricted. Common sixties, 17^d ; supers, 18^d. , At the Antwerp sales 776 bales of Australian .were' sold art the rates ruling at the close of the last London auction sales. , . , '■ The New Zealand and Australian Land Company's balance sheet reveals a profit of £86,383 for the year. The directors carried forward £18,883. Novemk«r 558 L The Corryvreehan's cargo of New Zealand jirheat sold at 28s 6'd. Linseed oil, £34 a ton. Frozen mutton: Crossbred wethers and maiden ewes — Canterbury, 4^d ; Dunedin , and Southland, 4£d ; North Island, 3 15-16 d. iLainh : Prime Canterbury, s|d'; fair average quality (including Dunedin, Southland, jWellington, and secoridary Canterbury), s|d. IJiver Plate ■ crossbred or merino rwethers — heavy, , 3 11-16 d; * light, 3 9Tl6d.9 T l6d. [New Zealand beef (1801b to 2201b, fair aver-, age quality) : Ox fores, 3^d to 3|d j jox binds, 3|d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19001128.2.46.5

Bibliographic details

Otago Witness, Issue 2437, 28 November 1900, Page 15

Word Count
461

COMMERCIAL CABLEGRAMS. LONDON, November 21. Otago Witness, Issue 2437, 28 November 1900, Page 15

COMMERCIAL CABLEGRAMS. LONDON, November 21. Otago Witness, Issue 2437, 28 November 1900, Page 15

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