COMMERCIAL CABLEGRAMS

Otago Witness, Issue 2815, 26 February 1908, Page 23

COMMERCIAL CABLEGRAMS

LOXDOX, February 19

Tallow 1279 casks weie offeied and 583 sokl Fine mutton, 33s 9d . medium, 31s, fine beef, 31s 9d ; medium, 29s 6d. Febiuaiy 20 Butler is relapsing. Colonial ,b about lios, with few buyers. Wheat Sixpence lower on the week. Tho Ameiican visible supply is 62,716,C00 bushels. Febm.uy'2l.

Wheat : The markets ai'o demoralised by the enormous Argentine and American shipment*-. Cargoes are neglected. Australian paicels afloat arc offeimg at 34s and Itindcd at 365.

Flouv afloat is declining daily. Austiwliiiii patent bi'nnds, nominally, are quoted at 28s landed.

Butter: Dull. Bu\ ere are holding off. Piices nominally are- unchanged. Ihs Copenhagen Committee raised the official quotation one kroner, but the London value for Danish is unaltered. Holdeis are firm, hoping tbeie will be ;i ve\ival m tlie drmand at next sale-s. Bradford wool is quiet. Fcitios, Is; foity-oixps. 30irl ; common sixt.es. 24^1 ; super., 25id. Febiuiiy 2", The quantity of wheat and flcui afloat foi the United Kiriqdom is 4 5-15,000 quaiteis, a"d for the Continent 2 310 000. The Atlantic shipments weu 185,000 quarteis, and the Pacific 140,000 quarter* The quotations foi frozen meat aie unchanged Henin Flat March and May shipment, £26 15s". Rabbits: Finn, Xew Zealand letaihng at Hides . In small request at about late Leather Neglected. Fiist hides, 14Jd. Basils Finn. First Wellingtons, lid to IDJd.