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COMMERCIAL CABLEGRAMS.

LONDON, January H

Load is qnote<3 at £10 Ss 9d. The imports for last month were 17 174 tons, including 5755 tons Australian, and th<> exports 3702 ton=.

Copper Spot, £45 12s Cd , three months, £16 2b 6d. > Tin- Spot, £101, three months. £102. Ike total ftuwiuti oi wheat and Hour afes.t

for the United Kingdom is 3,110,000 quarters, and for the Continent 865,000. • , Bank Shares. Bank of Australasia, £79 15s; ' Union, £40 10s; Bank of New Zealand, £100 10s; all others are unchanged. January 15. Tin: Spot, £105; three months, £102 10s. Lead, £10 6s 10id. Tallow: At the sales 1374 casks were offered and 752 sold. Mutton- Fine, 38s 6d; medium, 33s 6d. Beef, unchanged. January 17. Tho Bank of England returns show the reserve to be £23^60,000, and the coin and bullion in hand £32,902,000. ' The proportion of reserve to liabilities is 44.61. The notes in circulation total £29,292,000; public deposits, £10,328,000; other deposits, £42,047,000; Government securities, £20,373,000; and other securities, £26,797,000. Three months' bills are discounted at 3 per cent. Consols, £93 17s 6d. Quotations for colonial Government stocks are subjoined, compared with those ruling at the close of last week : —

The wheat markets are quiet. American is weak and irregular, owing to the failure of a large operator in Chicago. Cargoes are dull. South Australian November shipment is quoted at 30s 3d. There is a fair trade in butter. Colonial, 104s to 106s. The Kumara's shipment was landed in excellent condition. Danish is flat at 108s to 109s. Cheese : Firm, and unchanged. Rabbits: Firm at 8W to 9d, owing to the light shipment. Hares are neglected. Sugar: Firm. German, 6s Od; first marks, 8s 3d. Copper: Firmer. Spot, £46 17s 6d; three months, £47 2s 6d. Tin : Steady. Spot, £104 15s; three months, £101 10s. Pig iron, 49s l^d. Lead, £10 8s 9d. Spelter, £16 13s 9d. Silver, 2s 111-16 d per ounce. The Bradford wool market is steady, and prices are unchanged. , At the kauri sales prices were firm ; 3057 cases were offered and 630 sold. ' Good three-quarters, scraped, £120 to £125. I The sale of a cargo of wheat at 30s 1 advii-ed yesterda}' was for a shipment now loading in Melbourne January V A New South Wale 3 wheat sold at 30s 3d. Frozen Meat.—Mutton Xew Zealand, all classes have declined one-sixteenth of a penny. Lamb Unchanged. River Plate crossbred or merino weihers- Heavy, 3Jd ; light, 3{d. j At the sheepskin sales there was strong competition. Merinos advanced 5 per cent., and ciossbreds 7J to 10 per cent.

Pearl Shell- Good competition; the buik pold at late rates, Westraiian advanced 10s.

New South "Wales 4's .. New South Wales 3J's .. New South Wales 3's .. Victoria 4's .. , Victoria 3£'s rictoria 3'e South Australian 3Vs .. south Australian 3's .. .. Queensland 4's Queensland 31' s . . .. New Zealand 4's .. .. New Zealand 3£'s .. fK New Zealand 3's ..■ .. Pasmanian 3's Westralia 3J's Jan. 1C .. 116 .. 95 .. 95i .. Hl* .. 10-t" .. 93 ».- 104 .. 93 .. 108 -.'. 103 J , .. HIJ .. 105 .. 04a .. 104 .. 103 0. Jan. lv 116J 95 95* 111 ft 104* 93 104 93 108 103J 111? 105 94J 104 103 7.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19020122.2.11.18

Bibliographic details

Otago Witness, Issue 2497, 22 January 1902, Page 20

Word Count
522

COMMERCIAL CABLEGRAMS. Otago Witness, Issue 2497, 22 January 1902, Page 20

COMMERCIAL CABLEGRAMS. Otago Witness, Issue 2497, 22 January 1902, Page 20

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