COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2896, 15 September 1909, Page 20

COMMERCIAL CABLEGRAMS.

LONDON, September 7. Bajik of Australasia, buyers £111, aelkird £112; Union Bank, buyers £64, selleru £65 ; National Bank of New Zealand, buyers £6, sellers £6 ss. _ September 8. At the tallow auctions 2536 casks were offered and 1754 sold at par to 6d advance, for all sorts except fine. September 9. A cargo of Australian wheat has beer* sold at 41s 3d. September 10. The Bank of England returns show the* stock of gold coin and 4?&Uion to be £38,863,000; reserve, £23;466,0d0; proportion of reserve to liabilities^ 52.68. The notes in circulation total £29,336,000; public <l«posits, £8,056,000,; _ otter Adposits, £47,818,000 r Government securities, £15,329,000 ; and other securities, £29,346,000. ' , Consols are quoted at £83 17s 6d. The following are the quotations fo^" colonial Government stocks, compared with those ruling a week previous: —

The bank rate of discount is 2£ pcl 1 cent. Short loans are discounted at J per cent., and three months' bills as follows:!

An improved separator. The median : snt of the latest models of the Baltic Cream Separators has been still further unptovedv and the results obtained by users eclipse those of any other make. In faot, so ap-< parent ie the superiority that rival makeid are now copying — so far as patent rights will allow— the Baltic models. Mr JEL, Huthnence, New Plymouth, referring to hia Baltic separator, states: "It h«s not cos* me a penny for the 11 months' use, even! the rubber rings are still good. I am quite! satisfied with the machine, and I cannot find a single fault." Prices and particulars from J. B. MacEwan and Co., sol* agents, Duncdia^

liondon, 1£ per cent, j Paris, If per cent, j {Berlin, 2f per cent. ;The wheat markets are quiet and infective, although, sellers are willing to meet Jjuyefe. The latter are looking for lower prices when the new supplies arrive in quantity. The American visible supply is 17,526,000 bushels. Cargoes are dull. lAtistralian afloat b quoted at 41s to 41s ■6d j September shipment, 41s ; new crop, iDecember-January steamer and sailer shipment/ 37s 6d. Australian spot is dull at 43s 6d. New Zealand — Longberry, 38s 6d to 40s ; shortberry, 38s to 39s 6d. "Flour is in poor demand. Australian patent brands are ecarce, and are quoted in London at 32s to 32s 6d, and in Glasgow at 32s 6d. The oats market is quiet. Gartons and sparrowbills, 255, 6d. to 265 ; La Plata, afloat, 14s 10£ d. The butter market is firm. Danish, 118s to 120s. A few of the beet stored lots of colonial are selling at 104s to 1125. ; " The outlook is promising. Sugar: German, lls lOd ; first marks, 12s' 9d. . , The Bradford wool market & firm, and prioes are unchanged September 11. Wheat is firmer; 41s to 41s 2d is asked for Australian off coast, and 37s 6d and ~3Bs fcjTriew crop. Butter. — Best quality is very 'scarce. A iew lots of New South Wales unsalted sold -at 114s-115s. Hemp. — Firm. October-December shipments, £25 15s. Linseed oil, 2s 6|d. Copra.— Quiet. South Sea, £20. Rabbits. — There is an improving trade, but prices are unchanged. September 12. There is a general improvement in the idemand for mutton. Stocks are short and firmly held. Sheep — Canterbury, light and medium 3id, heavy 3d ; Southland, 3id; North Island, 3d; best brands, i 3£d. Lambs — Canterbury, light 3gd, ] medium and heavy 3£d ; Southland, 3£d ; j 'North Island. 3 l-16d; selected, 3id. ; tßeef, fores 2fd, hinds 3gd. Aus+xalian — Sheep, heavy 23d, light 2Jd; lamb 3, none offering; beef, forea 2|d, hinds 3id. River Plate— Sheep, heavy 2Jd, light 3d; beef, lores 23d, hinds 3 5-16 d; -lamb, 2gd. I Lead: The imports are 16,553 tons; 'Australian, 2460 tons; exports. 4082 tons. Copper: Spot, £58 15s; three months, | £59 2s 6d; electrolytic, £60. Tin: Spot, £136 17s 6d; three months, £138 2e 6d. Silver, 233 d per -ounce.

New South Wales 4's New South Wales 3i's -ew South Wales 3's Victorian 4's . ... Victorian 3J's .. .. Victorian 3's Queensland 4's ..■ Queensland 3J's .. .. Queensland 3's South Australian 3J's .. South Australian 3's ..< New Zealand 4's .. ..1 New Zealand 3§'s .. „1 New Zealand 3's ..... Tasmanian 3J's . . .. Tasmanian 3's .. .. West Australian 3J's . 1 W«st Australian 3's .. Sept. 6. .. 1072 .. 98g „ 86J .. 104 .., 08 664 .. 104-J .. 97 1 ... mi .., »» *•- 842 ... 107 .. 98.^ „. 863 o 100 ... 87 <y. 99 ..- 89 Sept. Id 10S 99 104 98 86i 104 97i 8^ 99 84$ 107 98£ 86J 100 87 99 89 0,