COMMEECIAL NEWS. London. January 27.

Daily Southern Cross, Volume XXIV, Issue 3339, 30 March 1868, Page 3

COMMEECIAL NEWS. London. January 27.

Money is plentiful ; the demand is extremely moderate. Consols, 93£ to 63J. Trade continues inactive. Notwithstanding the plentifulness of money, Australian securities are in steady demand. Occasionally considerable investments are made in them. The following are the latest prices ;— Ex January dividend : Victorian Government 6 per cents., ' October, £111 to £112 ; New South Wales Government five per cents., 1871-1876, JanuaryJuly, £98, £99 ; ditto five per cents., 1866, JanuaryJuly. £t>9, £101 ; New Zealand five per cents., 1891, 97, 98 ; ditto six per cent 3., 1891, March-September; £106, £107; guaranteed 6 per cent., January* July, £103, £104; ditto, 1891, £102£, £1034; South Australian Government, £107, £109; Hobson's Bay Railway, £48, £50; bonds, £99, £101 ; ditto, five per cents., 1888, 1895, January. July, £95; half, £96£ ; New Zealand five per cents., 1891, £97, £98; ditto, six per cents., 1891, March-September, £106, £107 ; Queensland six per cents., July, £103 to £104 ; ditto, 1891, £102| to £1034 ; South Australian Government, £107, £109. At a meeting of the English, Scottish, Australian Chartered Bank a dividend of seven per cent, per annum was declared, with £5,000 to the reserve fund. Colonial Bank dividend twelve per cent, per annum. Union Bank dividend eight and a half per cent, for the half-year.. Tenders for the New South Wales loan were opened on January 14. The minimum price was fixed at £94. Tenders above £94 3s. were received. An aggregate of a million and a quarter was tendered for, of which nearly a million were above the minimum. The reconstruction 'b'f the London and Australian Agency Company is satisfactorily completed, under the style of the London and Australian Agency Corporation (Limited) ; capital, £500,000, in £10 shares. The report of the affairs of the Caledonian Railway Company has been issued. It states that, though some irregularities have been committed, the property was in first-rate condition. 'I he wool market shows no improvement in price. The demand is good. 64,000 bales more of Australian wool were catalogued this year than last. Australian average fleece wool Las declined 20 per cent. Australian tallow: Sheep, 435. 6d. ; beef, 425. 6d. Australian hides are readily sold at an advance of a farthing on former rates. Wheat Bold at an improvement of 2s. to 3s. per bushel i The barque * Mary' cleared at Charente on the 6th of January, with a cargo of brandy, for Melbourne and Sydney. The ' Antoinette' was likely to sail at the end of March. The barque ' Hoamsteade' was on the berth at Rotterdam. Exports : The principal exports to Victoria for the month were : — Bar and rod iron, 419 tons j hoop, plate, and sheet iron, 221 tons ; galvanised iron, 218 tons; wire, 433 tons; oils, 25, 697 gallons ; woolpanks, £1,350; gunpowder, 4,0001b. and 630 barrels; tobacco and cigars, 1, 0961b. ; brandy, 26,134 gallons; rum, 10,855 gallons; red wine, 36,109 gallons; white wine, 8,351' gallons; bear, bulk, 2,217 barrels; beer, glass, 1,729 barrels ; salr, 304 tons ; candles, 3,002cwt. ; cheese, 8780wt. ; bacon and hams, 612cwt. ; hops, 77,5701b.; fish, salt, £1,210 value. The exports to Victoria show a falling off last year, as compared with the previous year, of £1,400,000. The exports to Sydney also declined.