COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2784, 24 July 1907, Page 22

COMMERCIAL CABLEGRAMS.

LONDON, July 15. Wheat : An Australian cargo sold at 35s 36*. The quantity of Wheat and flour afloat for the United Kingdom is 2,615,000 quarters, and for the Continent 1,540,000 quarters. The Atlantic shipments are 131,000 quarters. July 17. At the tallow sales 706 casks were offered, and. 625 sold. Pine muitton, 36s 9d; medium. 35s 6d; fine beef, 36s 3d; medium, 34* 6d. July 18. Wheat : Two Australian cargoes • sold at 34s 9d to 35s respectively. The American visible supply is 63,667,000 bushels. July 19. Wheat: The brilliant summer weathe* has caused general inactivity in the markets, with, a decline of Is from top prices* although the world's shipments are smally and the actual situation has not materially changed. Cargoes are neglected. South Australian April shipments are offering at 35s 3d ; Victorian September shipments, 375. There is a better demand for Australian spot, 36s 6d to 375. New Zealand, none offering.

Flour is quiet. Australian in London ia quoted at 24s 6d to 255. Nothing is doing at Glasgow.

Butter is very dull. Colonial ia neglected, but nominally unchanged. | The Bradford wool market is qniefr, \ everything being firmly held. | Messrs. Robert Campbell and Sons (Ltd.)} have declared a dividend of 10 per cent. _ July 31. Frozen Meat.— Mutton : North Island, SJdr best brands; 4jd; rest unchanged. Lamb:: Canterbury light, s|d; medium, sid; heavy* > sid ; Southland, 5Jd ; North Island. 5Jd. New Zealand beef unchanged. ..River Plate sheep; Heavy, 3Jd; light, 3jd. N«w Zealand hemp is hardening and firm." Copra: Slow. South Sea. £22. The warm .weather has stopped the demand for rabbits. Prices are nominally unchanged. At the rabbitslrin auction '2699 bales were' offered, and 2342 sold. Prices axe steady. Th« best incoming graders for some time h»v« been a halfpenny dearer.