COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2672, 31 May 1905, Page 21

COMMERCIAL CABLEGRAMS.

LONDON, May 23. Tin . Spot, £136 10s to ,£137; -three months, £135 12s 6d to £135 17s 6d. Lead £12, 17s &3. Silver, 2s 3 l-16d per ounce. The total quantity of wheat and flour afloat for the United Kingdom is 3,245,000 quarters, jmd for the Continent 2,025,000 quarters. The Atlantic shipments are 62,000 quarters. Stocks and shares-: Bank of Australasia, j£9l to £92; all others unchanged. Pig iron is quoted at 465, owing -to the culmination of a corner. Mayi 24. Wiiea-t.—Two Australian cargoes sold at 32s and 31s lOicl net cash respectively. Tallow.—At the sales 1423 casks were offered and 848 sold. Excepting fine mutton, which is unchanged, the other sorts advanced 3d. May 25. Wheat.—An Australian cargo sold at 32s l£d. The American visible supply is 32,259,000 bushels. May 26. The Bank of England returns show the stock of gold coin and) bullion to be ±565,542,000; xeserve, £27,148,000; percentage of reserve to liabilities, 52.15. y^he jaotes in circulation total £28,852,000 ; public deposits, £11,682,000; other deposits, £40,252,000; Government securities, £15,650,000; and other securities, £26,893,000. Three months' bills are discounted alt 2£ per cent.

The -wheat markets are quiet and steady; Continental is slightly lower. Uargoes are firm; 32s 3d is asked for Victorian now loading. Thirteen thousand quarters 01 South Australian March ehipme- d' at 32s -.-o. Flou " and stronger, according to Ameii^-^a . Butter is slightly .firmer owing to the cold, dry weather, -which is checking the .European production. Danish is unchanged- ; New 94s to 965; Australian, 80s to 925; occasional lots, 935. (Jh-eese: New Zealand is dull at 50s to 51b owing to the arrival of shipments of new Canadian. -Copper: Three months, £64 Us 3d to £64 .16s 3d. Tin: Spot, J8137 5s to £137 15s % three months, £136 5s to £136 15s. Pig iron, 45s lid. Lead, £12 15s to £12 16s 3d. Silver,, 2s -2 15-16 d per oz. Spelter, £23 12s 6d to £23 15s. Sugar: ITirst marks, 14s 3d; German, 12s 3d. Bradford -wool is firm. Forties, 15£ d ; forty-sixes, 17fd j common sixties, 24£ d; -super, 255. May 28. Copper.—Spotp j£64 17s 6d to *64 7s 6S; three .-months, .£64 5s to £64 10s. {Pig iron, £2 14s 2d. iead, £12 17s 6S. Silver, 2s 3ja per oz. Tin plates, 12s Sd to 13s 9d. Fencing wire, £6 7s 6d. Angle steel, JB6 ss. Cement.—English, 5s fid; G-erman, 4s 7d. Xdnseed oil, £22 6s. Hemp.—Quiet. Pair April and June shipWheat.—Two cargoes .sold at 31b 9d «nd 31s lOid, and two at 325. ■ Frozen Metrt.—All kinds are unchanged. Hides.—There is a good demand for basils; prices ace unchanged. Leather is firmer. First Wellington, JEI2 05s. Rabbits.-^Very dull. About 12s 6d. No recovery is likely till September.

New Scuth "Wales 4' a 2Sew South Wales 3£'g N«w South Wales 3's Victoria 4'a Victoria 3J's Victoria 3's Scnrth Australian 3J'a South Australian 3's Queensland 4's Queensland 3J'b .., Queensland 3'a New Zealand 4's Nbw Zealand Bi'-a New 2*aland 3's .. TasmaniaJi Si's T^q-RTnaTTig.-n 3'fl .»> West Auetralian 3J's West Australian 3*a 1 May 19 108 87* 106^ 100 88& 100£ 89 107J 100 89 106 991 87| 100§ 90 98 89 9. . May 26. 106 99§ 87* 106£ 100 1004 89 107J 100 89 106 873 1001 905 98 89

The following are the quotations for colonial Government stocks compared with those ruling a Tveet previous : —