FARM PRODUCTS.

Otago Witness, Issue 2915, 26 January 1910, Page 21

FARM PRODUCTS.

LONDON, January 24. The International Institute of Agricul

turo has divided the various countries into geographical zones in order to facilitate the collection of statistics. The northern zone includes North "America, Europe, and Asiatic Russia, the central zone includes Mexico, Central 'America, North Africa, and Asia, and the Southern zone includes the rest of America, Africa, Australia, and New Zealand. Provisional estimates give the yield or corn for 1909-li3 in the Argentine as 42,785,000 quintals, in Australia as 22,317,000, Chili 6,400,000, and Uruguay 2,610,000. COMMERCIAL CABLEGRAMS. LONDON, January 19. Wheat: The American visible supply is £5,962,000 bushels. At t3sa taMciw sales 657 casks were offered and 296 eold. Prices showed 3d decline. January 20. The wheat market £a very dull. Australian, per sailers, February shipment, is oflfered at 40s, and per steamers at 40s 6d. January 21. The Bank of England returns show the Ttock of gold coin and bullion to be £35,502,000; reserve, £26,911,000; proportion of reserve to liabilities, 50.75. The ne*es in circulation total £28.004,000: public deposits, £11,392,000; other deposit*, £4-1,490,000 ; Government securities, £14,706,000; and other securities, £39,377,000: The bank rate of discount is 3£ per cent. Short loans are discounted at 2| per •»ent., and three months bills irr London at i 15-16 per cent. Consols are quoted at £B2 15s. The following- are the quotations for Colonial Government stocks, compared with those ruling a week previous: Jan. 14. Jan. 21. New South Wales 4's 107 107 New South Wales Si's... New South Wales 3's 86£ 83 ■Victorian 4's 102$ 103 Victorian 34's 98 98 Victorian 3's ... , ■ ... 85 85£ Queensland 4's ... 103 103 Queensland 3£'s 98 98 Queensland 3's 85 85§ South Australian 3£'e 97A 97£ South Australian 3'© 83£ 84 New Zealand 4's ... 105£ 105 J New Zealand 3i's S 8" 98 New Zealand 3's 86i 87 Tasmanian 3|'s ... 97" 97 Tasmanian 3's R7g 8?j West Australian 3i's West Australian 3's 88 88 Wheat: The markets are dull, and shippers hold steadily, but resellers are willing to accept slightly lower prices. The general situation is unchanged. Chicago May, 108?' cents: Adelaide an.d Victorian steamers. Jjnuarv shipment, offered at 40s 9d; February. 40s 6d; Australian sailers, December and January. 40s 3d: January and February, 40s; February and March, 40s; steamer parcels afloat, •*l°. 6d : January and February, 39s 9d. Flour: Quiet, and easier tendency. Oats: Unchanged. Butter: Very firm. Arrivals are well cleared. Danish. 119 s t* 130 s: Australian, choicest 108 sto 110®, secondarv (very scarce) 104 s to 106 s: New Zealand, choicest 112 s to 114 s: Argentine. 110 s. Ohee-o: Firmer. Now Zealand, 56s to 57.«: Canadian, 5Ss to 60s. Sugar: German, 12s 9d; first marks, 14s lod. At the kauri gum sales 527 -rases were >ffererl and 75 sold at full pr'Ves. January 22. Southland eheero. I'JT; North Island, gd: others unchanged. Lambs and beef are unchanged.

Australian sheep: Heavy, 3 3-16 d; light, ! 3id; lambs, best brands 3|d, fair quality 1 3id, inferior quality, 3§d. Beef, hinds 2|d. January 23. Hemp: Inactive and unchanged. Copra : Dull, and email sales. South Sea, bags, £24. Cotton: Liverpool, 7.42 d. Silver, 24- 3-16 d per oz. Copper: Spot, £6O 11,5 3d; three months, £6l 12s 6d. Tin: Spot, £146 15s; three months, £l4B 2s 6d . Lead, £l3 13s 9d. Babbits, unchanged. The total quantity of wheat and flour afloat for the United- Kingdom is 2,675,000 quarters, and for the Continent 765,000 quarters. The Atlantic shipments were 140,000 quarters, and the Pacific 15,000 quarters.-