COMMERCIAL CABLEGRAMS. LONDON, July 10.

Otago Witness, Issue 2732, 18 July 1906, Page 21

COMMERCIAL CABLEGRAMS. LONDON, July 10.

Silver, 30 l-16d per ounce. Copper: Spot, £81 ss; three months, £80 7s 6d. I Tin: Spot, £169; three months, £167. 1 i Lead, £16 7s 6d. ! A Victorian cargo of wheat sold at 30s 9d, ] and a South Australian at 31s 3|d. ' The quantity of wheat and flour afloat for the United Kingdom is 2.905,000 quarters, and , for the Consent 1,250,000 quarters. The Atlantic shipments were 65,000 quarters. The debenture-holders in M'Cracken's . Brewery Company, Victoria, have unani- j mously agreed upon the amalgamation scheme. July 11. ] At the tallow auctions 1349 casks were offered, and 1119 sold. Fine niutton, 31s 6d ; lower qualities, from 3d to 6d advance. Copper : Three months, £80 ss. i Tin: Spot, £171 10s; three months, £169. j The American visible wheat sxipply is , 32,000,523 bushels. ' July 13. * The wheat markets are quiet, but steady. . Cargoes are firmly held. Victorian and i New South Wales afloat is offered at from 1 31s to 31s 3d, and Adelaide July-August ! shipment at 32s 6d. The Times estimates the condition of the British crop at 96 per ] cent, of the average. < The flour market is flat. A reduction ( ■>f i> shilling has taken place in the price \ <if American patent flou^, and this is likely \ to further reduce the demand for the j Australian article. « The butter market is steady and prices are unchanged. There is little demand j for colonial butter, and the bulk of the i recent arrivals has been stored. The prin- j cipal business is being done on Siberian butter, which is arriving at the rate cf > v;u,000 boxes per week. i The cheese market is quiet. New Zealand, 60s to 645. ' July 15. j Copper: Spot, £78 ss; three months, £77 i 15s ! Tin : Spot and thi-ee months-, £166 ss. , Lead, £16 7s 6d. ' Silver, 30 15-16 d per ounce. £ Copra: Firm. £20 7s 6d is asked for a * South Sea steamer shipment. * Linseed oil, £22 ss. | Wool : Unchanged. Scoureds are some- ' what slow of sale, but for greasier there is ketyn competition. To date 47.600 bales have been catalogued and 40,380 sold. The sa'es .' include the Wairau clip 12Jd, Pare 12 l-sd, f Ells 12gd. Rua+angata Is, Mini 14gd t At the rabbitskin sales 3037 bales were « offered, and 2695 sold at 3d decline. I Hemp: Stiong; large business July and f September shipments, £34 ss. 1 Fro2en meat- Sheep — Canteibnry medium, 3 11-16 d ; all other sorts unchanged. Lambs — c Canterbury light and mednnn. sd ; heavy, ( lid ; all other sorts unchanged. Iteef — Fores, t 2 3-l6d; hinds, 3id. River Plate =heep — " ( Heavy. 3id , light, unchanged. Eeef— Foics c 2 l-16d, hmd», unchanged. j