COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2556, 11 March 1903, Page 18

COMMERCIAL CABLEGRAMS.

LONDON, March 3.

To date 278.486 bales have arrived for the t next series of London and colonial wool sales, whereof 126,500 have been forwarded direct te the manufacturers, leaving 166,000 available for the sales. CoppeT • Spot, £59 17s 6d ; three months, £60 2s 6d. Supplies, 20,672 tons ; deliveries, 22,331 tons; stocks, 13,472 tons, advised from Australia, 2425 tons. Tin: Spot, £136 17s 6d , three months, £137 10s. Tallow: Stock, 15,305 casks; imports, 3256 casks; deliveries, 3889 casks. The total quantity ot wheat and flour afloat fcr the United Kingdom is 2,700,000 quarters, ' and for the Continent '950,000. Stocks and shares: Australian and New Zea- 1 land Mortgage Company, £87 10s; all others < unchanged. Silver, lg 10id per 0% 1 ]

J March 4. I' Tin: Spot, £139 ss; three months, £139 17s 1 6dt Lead, £12 10s. F At the tallow sales 430 casks were offered, l , and 116 so n .d. Mutton : Medium, £31 6s ; other 3 sorts, unchanged. I March 6. j The Bank of England returns show the , stock of gold coin and bullion to be . £33,472,000, and the reserve £25,172,000. t The percentage of reserve to liabilities is | 45.34. The notes in circulation total > £28,504,000; public deposits, £12,654,- ! 000 ; other deposits, £42,705,00 ; Governi inenc securities, £14,654,000; other < securities, £33,995,000. 1 Three month's' bills are discounted at 3V. - Consols are at 91£. i Quotations for colonial Government \ stocks are subjoined, compared with those ruling last week : — Feb. 27. March 6. i New South Wales 4's .„ „ 108 108 I New South Wales 3i'a .« .. 100 100 I New South Wales 3's .„ », 92 89 ■ Victoria 4's .. .. .. „. .. 105 , 105 j Victoria 3Vs .. .. .. „ 10 1 ) 100 I Victoria 3'^ „ „., 91 go i South Australia 3J's .. «. 301 101 j South' Australia 3's .. , c <«, 90 90 Queensland 4's .. ... ... % . 103 103 I Queensland 3i's .., .. „ 101 101 Queensland 3's .. „.. ,_,, ... 100 100 Aew Zea ! and 4's „, „ », 109 109 New Zealand 3i'3 .. A ,, „ 103 103 Now Zealand 3's .. „ .. 93i 9H Westralia 3i's .. .. „„' „ 99 99" Tasmania 3V S .. .. „, .. 100 100 c American visible -v heat supply is estimated at 78,081,000 bushels. English and American wheat markets are steady. The Continental are quiet, and occasionally weaker. Cargoes are slow of sale. Californian January shipments, 31s 6d. Butter is very firm, and tending upwards as the result of a clearance of stocks stored during the summer. Danish, 118 st > 120s. Victorian is slow of sale at 106s. The Austral's shipment | is much superior to earlier arrivals, but many buyers prefer to wait for New Zealand, arriving on Monday, for which 108s is asked. Copper: Spot, 60|d; three months, . 60f. Tint Spot, £136| ; three months, a £1374. Iron, 56s 6d. Lead, £12 13-16 Spelter, 21£. Sugar: First marks, 9s 7d ; German, t 8s 3d. 1 The Bradford wool market is dull. £ Forties are at 9-, d, 46's Is OAd ; common fc 60's 23d, super 24d. " J The Antwerp wool sale* close with still : v le;ss animation. Tue&day_'§ fall was f uljj [ ,

2' maintained. 5429 bales La Plata were offered and 1877 sold. March 8. . Silver, Is lOgd per oz. Copper: Spot, £60 17s 6d; three- months, £61 2s 6d. j Leaci, £13. I Sheepskins: 4600 ware offered. Competition was quiet. Merinos declined a farthing, and 1 crossbreda a farthing to a halfpenny, except sborn, which advanced a farthing. Kauri gum : The stock is 740 cases. Frozen meat. — Mqtton : Canterbury—medium 43d, heavy 5Jd; others unchanged. Lamb: Canterbury, 6|d; Dunedin.and Southland, 6 l-16d ; North Island. 6d. New Zealand! beef: 1801b to 2201b fair average quality — ox fore 3 3id, ox hinds 4d. Eiver Plate: Sheep 1 unchanged ; beef— fores 2 1-16(3, hinds 3 11-16 d.