COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2817, 11 March 1908, Page 23

COMMERCIAL CABLEGRAMS.

LONDON. March 3. "Wheat : Very firm at Is 6d dearer on the week; 37s 6d was refused for South Australian February and March shipment Butter: The trade has returned neural conditions at 116s, 118s, and l'2os. The Australian and New Zealand Mortgage Company's shares are quoted at £36 10s. The rest are unchanged. March 4. Wheat : An Australian cargo sold at 3Cs, and a second cargo at about 365. Tallow: At the sa!e9 1349 casks were offered, and 572 sold. Mutton: Fine. 335; medium, 29s 6d. Beef: Fine, 31s; medium. 2Ss. March 6. The wheat market is firm, and a cheerful tone prevails. The American visible supply is. 57,917,000 bushels. Cargoes are more animated. Australian afloat is offering at 36s 6d and 37s for FebruaryMarch shipment and 37s 9d per steamer. A parcel afloat sold at 36s Sd. The flour market is firmer. Australian is offering at from 28s to 2Ss landed. The butter market is firm. Colonial is clearing satisfactorily. Choicest New Zealand. 120s to 1225; Australian— waited 116e to 118s, unsalted 120s ; Danish unaltered. 'l!;e cheese market is steady. New Zealand, 62g to 645. ' Sugar: Ueiman, 10s 3d; fust marks. 12a Id. There i 6 little doing in the Bradford wool market. Forties, lljd ; other classes are unchanged. The copra market is flat. Supplies are large. Sellers of South Sea copra in bugs want £15 7s 6d. March 8. Linseed oil. £24 ss. iiemo. — Weak. June and July shipment, £25 30s to £26 ss. liA jbith. — Firm and a good demand. Buyeri are preferring colonial to English. Frozen Me-at. — Sheep: North Island. 3 11-lSn; best brands. 3 13-16 d; other sorts and lambs unaltered. Beef: Fores, unchanged; hinds. 3|d. Kiver PJate sheep: Heavy. 3gd. Be-cf. Foies, unchanged; hinds, 3Jd. A caigo of wheat from Australia was sold at 375. SYDNEY, March 5. In sympathy with the London market, wheat is advancing. Buyers offer to 4s 6£d but holders are disinclined to sell. Flour has advanced to £10.