Commercial and Shipping Telegrams.

Evening Post, Volume XXXIV, Issue 156, 31 December 1887, Page 3

Commercial and Shipping Telegrams.

BT ELECTRIC TELBORATIt — COrTRItiHT. fBBDTBR'S TELBGRAMB.J London, 29th December. Three per cent, consols, 1015 . Now Zealand 4 per cents., 97 (previous quotations mutilated in transmission). The market rato of discount is 4 per cent., and tbo Bank rato 3 per cent. Breadstuffs and tallow are unchanged. The weekly returns of the Bank of England, published to-day, show the total reserve in notes and bullion to be .£12,100,000, a decrease of .£700,000 during the week. Tho proportion of reserve to liabilities has fallen to 43 per cent. Sydney, 30th December. New Zealand wheat is quoted 2s lOd to 3s 2d per bushel, but prices are merely nominal. New Zealand oats, Is lOd to 2s 2d per bushel ; maize, 3s lOd per sGlbs. There are no potatoes offering. Sailed — Union Company's s.s. Te Anau, for Auckland. Melbourne, 30th December. Tho Now Zealand Loan and Mercantile Agency Company (Limited) report that accounts from the, country districts are fairly satisfactory. ' Consequent upon tho favourable weather for harvesting operations, more grain is coming forward. Tho yield so far is rather over than, under a good average, and it is anticipated when the heavier orops are cut it will bo proved that the surplus available for export will bo considerably in excess of that of the past two seasons. __^^___^____