COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2516, 4 June 1902, Page 19

COMMERCIAL CABLEGRAMS.

LONDOX, May 28. The total quantity of wheat and flour afloat for the United Kingdom is 160.000 quarters, and for the Continent 485,000 bushels. '. Australian- Xew Zealand Mortgage Company, "£BO. Copper: Spot and three months, £55. • At tho tallow sales 1439 casks were offered, and all sold. Prices showed from 3d to Gd decline. May 30. The Bank of England returns show tbe reserve to be £24,561,000, and the coiu and bullion on hand £33,543,000. The proportion of reserve to liabilities is 46. G9. The total of the notes in circulation is £29,158,000; public deposits, '£9,855,000 ; other deposits, £42,619,000 ; Government securities, £14,822,000 ; other securities, £30,984,000. " Consols are quoted at 96f . Three months' bills are discounted at 2 7-8. Quotations for colonial Government stocks are subjoined, compared with those ruling at the close of last week : — May 23. May 30. New South Wales 4's .. .. 115J 116 • (New South Wales 3£'s .. .. 104 104 !New South Wales 3's .... 96 95*. Victoria 4's .. ... .. .. 112 112~ •Victoria 3£'s 104 A 104J Victoria 3's 93" 93~ South Australia 3i's .. .. 105J 105 South Australia 3' 3 .. .. 95J 95£ jQueensland 4's 108 108 Queensland 3J's .. ... ... 104* 104J (New Zealand 4's .. .. „ 112" 112 ■If©w Zealand 3J's .. .. .. 108Jt 109 •New Zealand 3's 95* 95i • Tasmania 3Vs 104J 104 i iWestralia 3£'s 101J 10l| The American visible wheat supply is estimated at 41,993,000. Wlieat: The European markets are firm, but quiet; American weak. Cargoes are steady. Victorian January and New South Wales February hipInent, 30s 6d. Copper, £54. Tin : Spot, £137 ;" three mouths' $133 ss. iron. 54a 3d*

Lead, £11 7s 6d. Spelter, £18 8s 9d. The Bradford wool market is slow, with prices unchanged. The London wool sales are brisk, and prices are fully maintained. Sugar is flat. German, 6s 2d ; first marks, 7h Bd. Wheat : An Australian cargo resold at 30s 3d. June 1. Frozen meat: New Zealand sheep have declined l-16d. Lamb- Canterbury, 4 13-16; fair average, 4 11-16 d. New Zealand beef, 180lb to 2201b, fair average quality— ox foies 4Jd, hinds 4£d. Cheese has ag.iin lapsed. New Zealand, 575. Hides: Short supply. Queensland, heavy Cd, light 4|d, light cow 4Jd. Leather basils are scarce and unchanged. Consols, £97. Copper, £54 7s 6d. Two Australian whe.it cargoes sold at 29s Gd and 29s 7*d. The New Zealand Trust and Loan Company show a profit of £15,927. A further dividend of 6d per share waa declared, and £14,927 was tarried forward.