COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2668, 3 May 1905, Page 22

COMMERCIAL CABLEGRAMS.

LONDON, April 25.

The total quantity of wheat and. flour afloat for the United Kingdom is 3,855,000 quarters, and for the Continent 1,765,000 quarters.

Stocks and Shares. — Bank 3 : Australasia, £93, National of New Zealand, £5 ss; New Zealand, £5 15s. The New Zealand Loan and. Mercantile Agency Company, £94. All others unchanged. Wheat. — An Australian cargo sold at 325. Copper.— Spot, £66 7s 6d; three months, £66 Us 3d.

The American visible wheat supply is 42,216,000 bushels.

April 28.

Tb? Bank. of England returns show the i stock of gold coin and bullion to be £33,955,000; reserve, £25,629,000; percentage of reserve to liabilities, 50.79. The notes in circulation total £28,643,000 ; public deposits, £10,650,000; other deposits, £39,737,000 ; Government securities, £15,495,000 ; other securities, £27,048,000. Three months' bills are discounted at 2£ per cent. Consols are quoted at £90 10s. The following are the quotations fop colonial Government stocks, compared with, those ruling a week previous : —

Wheat : The markets are dull, and show a downward tendency. Cargoes are neglected. Thirteen thousand quarters of Australian sold at 31s * 3d ; for parcels afloat 31s and 31s 9d are asked 1 ; and for April and May shipments 30s 6d. _ Flour is lower, owing to the decline in ! American and Australian. Glasgow is quoted) at 24s to 24s 6d. Butter : There is a slump. Danish is quoted at 100s to 102s ; New Zealand, 94s to 96s ; Australian, 945. Cheese : Quiet and unchanged. Kabbits : The Suevic's shipment of Victorians is bad, and many have been condemned. Copper : Spot, £66 6s 3d ; three months, £66 10s. Tin : Spot, £139 5s ; three months, £135 ss. Pig iron, 51s 4d. Spelter, £23 18s 9d. Lead, £12 11s 10£ d. Silver, 2s 2 3-16 d. Sugar is dull. First marks, 14s lid ;] German, 12s l'Od. The Bradford wool market shows a better tone for all classes. Forties, 13d ; forty-sixes, 15d ; common sixties, 23f d ; super, 24^ d. April 30. Frozen meat : New Zealand sheep and lambs unchanged. River Plate sheep, 4£d. New Zealand beef, hinds. 3§d; Rivei Plate, 3Jd. Hemp : Firm. May and July shipments, JB2S 15s. Rabbits: Dull. I/axge, 15s; to arrive, 133 3d. Kauri gum: 1958 cases were offered and 600 sold; prices unchanged. Spot, £65 17s 6d; three months', ~£66. Pig iron, 52s 3d. Silver, 2s 2!d per ounce. The Antwerp wool sa.les closed firm and animated. Six thousand five hundred an-65 seventy-nine bales were offered, and 3728 sold.

The Frozen Meat Trade Association's Smithfield market quotations for the under-mentioned classes of frozen meats are based on actual sales of not less than 100 carcases of mutton or lamb or 25 carcases of beef of fair average quality. These quotations aTe not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the markeit. New Zealand sheep — Crossbred wethers and maiden ewes, Canterbury, light, 4SIb to 561b i Canterbury, medium, 561b to 641b; Canterbury, heavy, 641b to 721b ; Dumedin and Southland, 561b to 641b ; North Island, 551b to 651b. NewZealand lambs — Canterbury, light, 2Slb to 361 b : Canterbury, heavy, 361b to 421b ; Dunedin and! Southland, 2Slb to 421b; North Island, 28lb to 421b. New Zealand beef— Ox fores, 1801b to 2201b; ox hinds, 1801b to 2201b.

New South Wales 4's .., New South. Wales 3V-J .. New South Wales 3*3 .. Victoria 4's .. .. .. Victoria 3&'s Victoria 3's .. .. „ South Australia 34' s .. South Australia 3's .. Queensland 4's .. .. .. Queensland: 3J's Queensland 3's .. .. ... New Zealand 4's .. .. New Zealand 3J's .. New Zealand 3's „ .« Tasmania 3i's .. ... .. Tasmania 3's .. .. .. West Australia 3£'s .. West Australia 3's .. . . A 1 105 . 100 106\ 100 89 100J 89 107 A 100J 89 106 . 991 88^ 100^ 89 98 89 April 28 10899& 88fe 106^ 100 100& 89 107J 100* 89 106 99J 88 100§ 89 98 89