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MONETARY AND COMMERCIAL.

The Bank ■ of England reserve is £25,515,000, the proportion of reserve to liabilities being 52 per cent. Consols, 11U. Quotations for colonial stocks :

The English wheat market is firm, with an upward tendency. The Continental is tending upwards, and the American shows a general advance. The American visible wheat supply is estimated at 20,073,000 bushels. Californian No. 1 milling is quoted at 39s Gd; Russian cargoes, 38s 3d; No. 1 hard Duluth, 41s. The Bradford wool market is improving. Sugar, quiet. Pig iron, 44s 7H.

Variation — Price. from Last Week. 4 % N.S.W £ 122 s, 0 d. 0 Unchanged 34 Z N.S.W, 3% N.S.W 107 10 100 10 0 0 Unchanged 5s lower 4 Z Victorian 113 0 0 lOs lower , 31 % Victorian 107 15 0 Unchanged 34 % South Australian 111 0 0 Unchanged 3 % South Australian 100 ti 0 Unchanged 4 Z Queensland ... 34 Z Queensland ... 113 10 107 10 0 0 10s lower Ss lower 34 % Tasmanian 109 5 0 5s higher 34 Z West Australian 109 0 0 Unchanged 4 Z New Zealand ... 110 10 0 34 X New Zealand ... 108 10 0 3% New Zealand .. 100 0 0 5s higher

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18970911.2.2

Bibliographic details

MONETARY AND COMMERCIAL., Issue 10417, 11 September 1897

Word Count
196

MONETARY AND COMMERCIAL. Issue 10417, 11 September 1897

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