COMMERCIAL CABLEGRAMS. . LONDON, July 16.

Otago Witness, Issue 2471, 24 July 1901, Page 16

COMMERCIAL CABLEGRAMS. . LONDON, July 16.

The quantity of wheat and flour afleat lot the United Kingdom is 3,140,000 quarters, and for the Continent 1,500,000. Stocks and sßares. — Banks: Australasia, £76 j, New South Wales, £42 10s; Union, £39 10s; New Zealand 4 per cent, guaranteed stock, £100 10s, all others unchanged. Tin —Spot £133 10s ; three months, £117 15a. July 17. At the tallow auctions 1625 cask? were offered, and 500 sold. Prices remain unchanged. A Victorian cargo of wheat was sold at 27a lOid - July 19. The Bank of England returns show! the stock of gold coin and bullion to be £35,482,000; reserve, £24,979,000; proportion of reserve to liabilities, 46.45. The notes in circulation total £30,395,000; public deposits, £12,859,000; other deposits, £40,742,000; Government securities, £17,944,000; other securities, £28,853,000. Three months' bills are discounted afc 2 | per cent. Quotations for Colonial Government stocks are subjoined, compared with those ruling at the close of last week : — •

The wheat market is firmer, but quiet. Australian parcels are quoted at 27s 3d« A cargo was sold at 28s. Copper, firm: Spot, £68 ss; three months, £68 10s. Tin : Market speculative ; spot, £128 10s; three months, £117 5s to £117 7§ 6d. Pig iron, £2 13s 3d. Lead, £12 ss. Sugar is steady. German, 8s 3d; firs€ marks, 11s. Consols are quoted at 93. July 21. At the periodical soles of sheepskins price'} were irregular. Two thousand fivo hundred and tea bales were offeied, and 2350 sold at pax* to id decline. Hemp: Sales were fair; Wellington April and June shipment, £2A 15s; May shipment, £25 10s. Tin: Spot is quoted at .£131; three months, £316 10s. Frozen meat : Crossbred wethers and maiden; ewes— Canterbmj, %,&; Duaedin. aad Sfil»Sl-

land, 3 5-16 d; North Island unchanged. Lamb — Prime Canterbury, s§d; fair average (including Dunedm, Southland, Wellington, and secondary Canterbury) 4|d; River Plate unchanged. New Zealand beef (1801b to 2201b, fair average quality) — Ox fores, 2d; ox h:nds, unchanged.

New South Wales 4's .. New South Wales 3J's .. New South Wales 3's „ Victoria 4's * Victoria 3i'S .. .. vc Victoria 3's .. .. >. South Australia 3Vs ±b South Australia 3's t . Queensland 4's . . » Q\ieensland 3J's ..- »* New Zealand 4's «, *• New Zea'and 3Vs >-r •.. New Zealand 3's ... *» Tasmaman 3J's «. .. Westraliaa 3Vs July 12. , .. 113 .. 103 »- 99 «. no .. 105 .. 94| .. 104 .. 93 rrr 1061 .. 101 .. 113 .. 108* 99 .. 103 .. 102 July 19. 113 103 99 110 105 94| 104 106| 101 118 103* 99 103 102