COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2804, 11 December 1907, Page 22

COMMERCIAL CABLEGRAMS.

LONDON, December 2. The quantity of wheat and flour afloat for the United Kingdom is 1,985,000 quarters, and for the Continent 1,120,000 quarters. The Atlantic shipments are 394,000 quarters, and the Pacific shipments 57,000 quarters. December 4. At the tallow sales 939 casks were offered, and all sold. Mutton: Fine, 85s 8d; medium, 335. Beef: Fine, 345; medium, 32a. The American visible supply of wheat is 64,192,000 bushels. December 6. Wheat: The markets are inactive, and there is a declining tendency owing to the absence of speculation and dear money. Cargoes are neglected. South Australian and Victorian September shipments are offered at 41s 3d ; New South Wales December and January shipments, 41s ; South Australian 6pot, a better inquiry at 45s 6d to 465; New Zealand, nominal—long-berrkd 40s 7d to 425, shortberried 41s 6d to 435. Flour: Quiet. Australian scarce at 30s to 30s 6d. Bradford wool is flat, and only a moderate inquiry. Merinos: Common sixties, 26i|d ; super., 27£ d. At the sales the fleece portion of the Karwarra clip realised 10* d. Butter: Quiet and slightly easier. Choicest Australian salted and unsalted, 114s to 116s; New Zealand, 118s; Danish, unchanged. Silver, 2s 2 7-16 d per oz. I Decem/ber 8. Hemp: New Zealand i 3 quiet. January and March shipment, £26 ss. Linseed oil, £24 15*. Euoalyptus oil: Quiet at Is to Is 2c». . Wheat and flour: The quantity afloat for the United Kingdom is 1,900,000 quarters, and for the Continent 1,270,000 quarters. The Atlantic shipments were 399,000 quarters, and the Pacific shipments 51,000 quarters. The Times, in -the course of an article on cereals, predicts that wheat, barley, and oats will all be dearer in 1908 than they were in 1906. Rabbits: Quiet in London, but the demand is brisk in the provinces. Frozen Meat.—The Trade Association's Smithfield market quotations for the undermentioned 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 are not for selected lines, but for parcels fairly representative of the bulk of the Shipments now on the market. Mutton: Canterbury unchanged; North Island, 551b to 651b, best, 3 3-16 d; others unchanged. Lamb: Canterbury unchanged; Southland, 28lb to 421b, sid; North Island, 28lb to 421b, Bid. New Zealand beef unchanged. River Plate sheep unchanged. Beef: Foxequarters, 2 11-16 d; hindquarters, unchanged.