COMMERCIAL CABLEGRAMS

Otago Witness, Issue 2649, 21 December 1904, Page 28

COMMERCIAL CABLEGRAMS

LONDON. December 13. j The total quartity of wheat and flour afloat for the United Kingdom is 2,570,000 quarters, .and for the Continent 1,575,000 quarters. The Atlantic shipments are 34,000 quarters and the Pacific 33,000 quarters. Shares are unchanged. December 14. Cooper. — Spot, £65 18s 9d; three months, £Cc 6s 3d. Lead. — The imports are 21 851 tons ; Australian, 8263 tons ; exports, 5051 tons. j "Wheat. — A Sydney cargo sold at 33s 4Jd, | i arid a Victorian cargo at 62a lOAd. i | Tallow.— At the auctions 639 casks weie I offered, and 222 sold from par to 3d decline. ! December 16. The Bank of England returns show the stock of gold coin, etc.. to be £29,604,000, and the reserve £22,003,000. The pioportion of. reserves to liabilities is 45.37. The notes in circulation total £27,675.000 ; public deposits, £7,926,000 ; other deposits, £40,453,000 ; Government ' securities, £15,610,000; other securities, £28>613,000. Three months' bills, 2| per cent. Consols, £87 17s 6d. Quotations for colonial Government stocks are subjoined, compared with those ' ruling a week previous.

Wheat : The markets are dull, but prices are fairly maintained, owing to conflicting reports from the Argentina of lighter shipments, and an unfavourable report of the condition of the winter wheat in America. Cargoes are quiet. New Australians are rather" lower ; 12,000 and 13.000 quarters Jamiary and February shipments, 33s l^d. Australian spot is practically exhausted, but nominally is at 645.- New Zealand has a small supply of short-berried at 33s 6d. Flour is flat. London, 25s 3d; Glasgow, 26s to 26s 6di. The American visible supply of wheat and flour is 59,016,000 bushels. ■ Copper: Spot, £65 17s 6d ; three months, £66 ss. Tin: Spot, £136; three months. £131 ss. Pig iron, 47s 9d. Lead, £12 15s 7d. Sugar is quiet. First marks, 15s 7d ; German, 13s lid. Bradford wool : Crossbreds are quiet ; merinos have more inquiry. Forty-sixes, j 17d. | Butter is dull. Danish is unchanged. ' Choicest New Zealand, 104s ; Victorian. ! 100s to 102s ; New South Wales, 98s to ' 102s (both occasionally 104s). Recent Axis- ] tralian arrivals are not completely satis- i factory ; they were apparently carried at ! too high a temperature. j

Rabbits are sknv of sale. «. Large, Is 3d. There is a better demand) for hares at is lOd to 2s.

.. 18. Copper: Spot, £65_8s 9d; three months, £65 16s 3d. Linseed oil, £17 ss. Hemp: Quiet. January and March shipments, £31 ss.

Hides: Strong. Australian, small supply. Dry salted advanoed id.

Leather : Basils areamchanged. Frozen Meat. — Sheep: North Island, best, 4|d; all other srets unchanged. Lambs — Canterbury, light, 6Jd; heavy, 6d; all others unchanged. Beef : Very firm. Owing to a strike, Argentine supplies are likely to be curtailed. Fores, 3Jd; hinds. 31d. River Plate sheep unchanged. Beef— Fores. 3fd; hind's, 3ld. Wheat. — Two Australian cargoes sold at 32s 101 d, and a third at 33s 4id; 11,000 quarters at 33s lftd, and 1 200 quarters at 33s 4Jd, both December and January shipments. N

New South Wales 4's .. New South Wales 3J's New South Wales 3's .. Victoria 4's Victoria 3J's Victoria 3's South Australia SVs South Australian 3's .. Queensland 4's Queensland 3.Vs Queensland 3's .:.. New Zealand 4's .. New Zealand 3&'s .. New Zealand 3's .. Tasmania 3J's .. .. .. Tasmania 3's West Australia 3A's West Australia 3's . . Dec. 9. ] 106* 96J. 85 103 95* 85 98 85* J.O3J 95 1-3 84 105| 97 88 97J 86 93 81 Dec. 16. 106 96£ 85~ 103 95£ 85 96.\ 84 103| 95 84 105.\ 97 88 974 86 95 84