COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2892, 11 August 1909, Page 24

COMMERCIAL CABLEGRAMS.

LONDON. August 3. The quantity of wheat and flour afloat for the United JCingdom is 2.300,000 quarteia, and for the Continent 1,500,000 quarters.. The Atlantic shipments were 140,000 quarters. The total shipments for Europe for the week were 750,000

quarters, including 41,000 quarters 'rom the Argentine and Uruguay. August 4. Tallow: The tiock is 4099 tons; imports, 5091 tons; deliveries, 2823 tons. August 5. The American risible supply of wheat is 14,766,000 bushels. August 6. The Bank of England returns show the stock of gold coin and bullion to be £37.117,000; reserve, £26,817,000; proportion of reserve to liabilities, 50.70. The notes in circulation total £30,027,000 ; public deposits, £17,240,000; other deposits, £45.632.000; Government securities, £15,366.000; and other securities. £28,685,000. The bank raie of discount is 2£ per cent. Short loans are discounted at 1 per cent., and three months' bills at 1 7-16 per cent. Consols are quoted at- £84 3s 9d. The following are the quotations for colonial Government stocks, compared with those ruling a week previous :: — ■

Wheat : The market is dull and price* are easier owing to farmers forcing sales j of the new crop directly it is reaped. Cargoes are neglected ; 44s 6d is aeked ' for Australian off the coast ; 43s to 44s afloat ; 43s 3d Tor New Zealand steamer afloat ; 40s for Austialian steamer parcel, December and January shipment. There i.« a quiet trade for tpoL ; prices un- j changed. > Flour : Generally ca K ier. Australian. 32s 6d spot ; Glasgow. 33s 6d for August j shipment landed. Oats: Flat. La Plata, just shipped. 16s 9d. ' j Butter : Quiet ; nominally unchanged. ' Moist weather is producing plentiful supplies of home-grown, for which there is a good demand. Chaese : New' Zealand, 60s to 61s ; Canada, 56s to 58s. Bradford woor' : There i» an improved tone ; prices unchanged. August 8. Wheat. — The wiarkets are very depressed, owing "to the fine warm weather and the pressure P*f fpJJ- There is no demand for

, cargoes. Australian cargoes afloat are I quoted at 33s to 33s 6d. New Zealand | s'.eamer afloat, 4-2s 6d. Hemp. — Finn. October and December shipment, £24- 15s. Kauri.— The stock is 345 cases. I Rabbits. — Quiec. Prices are unchanged. Copra.— A better inquiry and fair business. South Sea, in bulk, £20 10s. Copper.— Spot, £53 8s 9d; three months, £59 6s 3d; electrolytic, £60. Tin.— Spot, £132 15s; three month?, £134. Load. £12 10a. Antimony, £3.

New South. Wales 4's New South Wales 3J's New South Wales 3's Victorian 4's Victorian 3J's * Victorian 3's . X ."., Queensland 4's .. .» Queensland Si's .-,. Queensland 3's . . .' South Australian 3£'s South Australian 3's New Zealand 4's New Zealand 3J's New Zealand 3's Tasmanian 3J's ... .. Tasmaman 3's West Australian ZVa TT^ = t Amlnlign M' = • r • t; «• •» • % July 30. . JOGJ „ 86^ „ 102 '„. 9"! 86 1 , i 103^ %>% > 97 4* 86^ ♦r 98i <■ 84; ' «V 1052 .», 98^ i, 87i ,' 9SA "i 87 PR A up. 6. 106 \ 9Si 87i 103', 075 86-i 203? 974 85's 93^ 84. 106' 9S». 87g 985 87 SS2 88