COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 3448, 13 April 1920, Page 29

COMMERCIAL CABLEGRAMS.

IMPERIALLY-OWNED WOOL. LONDON, „April 6. Lord Inverforth has extended the period for lifting Imperially-owned wool by a month. He insists that the whole must be shipped before the end of October. EXPORT OP RABBITSKINS. MELBOURNE, April 7. All restrictions on the export of rabbitskins have been removed throughout the commonwealth. HIGH-PRICED HOLSTEINS. SYDNEY, April 7. At the show" sales a couple of Holstein Friosian heifers, on behalf of tho Cluny Priesian Farm Company, brought 115gns and lOOgns respectively. MONEY, STOCKS, AND PRODUCE. LONDON, April 6. The foreign exchange rates axe as follow: In Paris. 59,65 francs; Stockholm, 18.14 kronen; Christiania, 19.93 kronen; Calcutta (rupee), 28Jd; Montreal, 4dol 36 cents; New York, 4dol 2Jcents. Waihi Grand Junction shares, 10s 7d; Bank of Australasia, £129; Bank of New South Wales, £33; v Union Bank, £l2 17s 6cl; national Bank of New Zealand, £6 10s; New Zealand Loan and Mercantile, £65 10s. The tallow stocks amount to 10,086 casks, the imports during March being 3039 and the deliveries 2953 casks. o April 7. A fall 'in the exchange rate of 61 points in Paris and 87 iDoints in Rome, together with the situation on the Continent, has had a depressing effect on the Stock Exchange, and business is restricted. Consols are quoted at £45 17s 6d. Waihi shares hr,ve buyers at 41s ,3d, and sellers at 43s 9d. •April 10. Bank of England returns: Gold coin and bullion, £111,667,000; reserve, £27,784,000; proportion of reserve to liabilities, 15 per cent.; notes in circulation, £106,811.000; public dieposits, £24,978,000 ; other deposits, £133,708,000; Government securities, £59,049,000; other secttrities. £93,550,000. .Short loans, 4| per cenf.; three months' bills, 53 per cent. The French bank rate has been raised to 6 per cent. Foreign exchange rates: On .Paris, 60.90 francs ; Stockholm, 18.19 kronen ; Christiania, 19.98 kronen; Calcutta, (rupee), 2Sd; Montreal, 4dol 30 cents; New York, 3dol 97J cents. Consols, £46 2s 6d; war loans, £Bl and £B7 17s 6d. . Commonwealth war loans, £95 17s 6d and £94; Victorian Government S|t per cents., £B3; 3 per cents., £6l 7s 6d; New South Wales 4 per cents., £76 15s; 3£ per cents., £63 10s; 3 per cents., £6O ss; Queensland 4 per cents., £88; 3| per cents., £B4 ss; 3 per cents., £56; New Zealand 4 per cents., £BO 10s (ex div.); 3£ per- cents., £66 10s; 3 per cents., £57 10s; South Australian. 8J

per cents., £6O 17a 6d; 3 per cents., £49 10s; Tasrna.niau 3$ per cents.j £65 ss; 3 per cents., £64; "West Australian 3$ per cents., £7l (ex div.); 3 per cents., £69 (ex div.). Waihi shares, 42s 6d; Grand! Junction — buyers 10s 7d, sellers 11a 6d. ' Wheat and flour: Market quiet; little Australian offering. Oats: Market firm; L-a Plataa, on spot, 523 6d per quarter. Beans and Peas: Market quiet and prices unchanged. Sugar is unchanged. The Bradford tops market shows a strong tone, but operators are cautious. Sixty-fours quality, 168 d per lb; 56's, 98d; 50's, 74d; 46's, 36d. LONDON METAL MARKETS. LONDON, April 8. The latest metal quotations aro as follow: Copper: Spot, £lO2 12s 6d; three months, £lO5 7s 6d; electrolytic, ingrots £ll2, wire bars £ll4. Lead.—Spot, £36 10s; forward, £39 ss. Spelter: Spot. £46 sa; forward, £49. Tin: Spot, £335 ss; forward, £335 15s. Silver, 6s per oz. April 9. The. tin stocks are 18,279 tons; spot, 2737 tons; afloat, 1497 tons; deliveries, 2359 tons. *LONDON TALLOW MARKET. Messrs Dalgety end Co. report having re-, ceived the following cablegram from their head office, dated London, April 7, 1920: " Tallow: Market dull; next public sales will be held on April 14." AMERICAN WHEAT AND FLOUR. CHICAGO, April 7. The visible wheat and flour supplies cast of the Rockies amount to 49,586,000 bushels. AUSTRALIAN MARKETS. Oats: Algerian.' feeding, 6s to 6s Id; milling, 6s 2d to 6s 3d; Tasmanian, 6s 4d to 6s 6d. Maize, 9s 3d. Potatoes: Tasmanian, £ll. Onions, £l3 10s to £l4. ADELAIDE, April 8. Oats, 5s 6d to 5s 7d. MELBOURNE, April 9. Barley: English, 7s 3d, 7s 6d; Cape, 6s 2d, 6s 4d. Oats: Milling Algerian, 5s Bd, 5s 9d; feed, 5s 3d, 5s 6d. Potatoes, £B, £8 10s Onions, £ll 10s, £l2. AUSTRALIAN BUTTER. FOR ENGLAND. MELBOURNE, April 9. Mr Miassy Greene, Minister of Trade anCustoms, has announced that Britain has offered to purchase the coming season's surplus butter produce. The commonwealth Government is sending delegates to Londtan to negotiate the deal. ' WOOL SALES. ANTWERP, April 8. The Australian wool sales were opened on th<j Bth. There was a large, attendance and brisk competition. Prices are firm to 5 per. cent, dearer. The number of bales offered and sold was 10,200.-