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MONEY AND MARKETS.

[Per Press Association.— Copyright.j

LONDON, October 29. The weekly returns of the Bank of England published to-day show the total reserve to be £21,458,000, and the proportion of reserve to liabilities 47.63. Three months' bills are discounted at 2 5-16 per cent. Consols are at llli. Quotations for colonial stocks :

The English wheat market is firm with an upward tendency, while the Continental is tending upwards, and the American shows a general advance. Califomian No. 1 milling, 38s 3d; Russian cargoes, 365; London quotation No. 1 hard Duluth, 39s 9d.

Wool: Bradford tops arc brisk, but prices arc unchanged. Sugar is quiet. German beet, 8s 4£d ; Java, 10s 9d.

No. 1 best Scotch pig iron (f.o.b. in the Clyde), 45s 6d. Silver, 2s 3M per oz. The Trust "Agency Company of Australasia have declared a dividend of 80 per oent. per annum. £750,000 worth of 3£ per cent, debentures issued at par by the Board of the New Zealand Assets Realisation Company have been allotted.

Variation — Price. from Last Week. 4% N.S.W £ e. d. ... 122 15 0 5s lower 3i % N.S.W ... 107 5 0 15s lower 3% N.S.W. ... ... 101 0 0 5a lower 4 X Victorian ... 112 15 0 5s lower 3£% Victorian ...107 5 0 16s lower ; % X South Australian ... 110 15 0 5s lower 3 % South Australian ... 100 5 0 5s higher 4 % Queensland ... 113 0 0 25s lower 3J % Queensland ... 34 % West Australian ... 107 0 0 20s lower ... 10tf 0 0 Unchanged 3i X Tasmanian ... ... 110 5 0 5s higher . 4 X New Zealand ... ... 114 10 0 10s lower 3J% New Zealand ... ... 109 0 0 30s lower 3% New Zealand .. ... 101 0 0 15s lower

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18971030.2.13

Bibliographic details

MONEY AND MARKETS., Issue 10458, 30 October 1897

Word Count
281

MONEY AND MARKETS. Issue 10458, 30 October 1897

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