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MONEY AND MARKETS.

LONDON, November 19. The weekly returns of the Bank of England, published to-day, show the total reserve to be £21,512,000, and the proportion of reserve to liabilities 48.29. Three mouths' bills are discounted at 2 1316 per cent. Three per cent. Consols, 113^. Quotations for colonial stocks:—

The English wheat market is weak in tone, without quotable change. The Continental is dull, and the American depressed. Californian No. 1 milling, 37s 9d ; Russian cargoes, 36?. London quotations'for hard Duluth, 39s 6d. Sugar firmer. Java, 103 9d; German beet, 9s. No. 1 best Scotch pig iron (f.o.b. in the Clyde), 45s 63. The Bradford wool market is slack. Prices unchanged.. Probably the first heir of an African throne ever graduated from an American college is So-Mayou. He has just received his diploma from Cobb Divinity School, and during the next year proposes to travel over the United States under the auspices of the Free Baptist Church before returning to the Bassa tribe on the west coast of Africa, where he will devote his life to the welfare of his countrymen. The entire collection of the late Cyrus W. Field's papers relating to the laying of the first Atlantic cable has now become the property of the National Museum in Wash ington. In connection with the Harapipi tragedy, Pohlen's gnn has been found. It was concealed nnder hia house. The second barrel was loaded and capped.

Variation — Price. from Last Week. £ a. d. 4%sr.s.w ... 123 0 0 Unchanged 3i % N.S.W ... 108 0 0 10a higher 3% N.S.W ... 103 0 0 25s higher 4 % Victorian ... 115 0 0 30s higher 3i% Victorian ... 108 0 0 15s higher 3| % South Australian ... Ill 0 0 Unchanged 3 X South Australian ...101 0 0 20s higher 4 X Queensland ... 114 5 0 15s higher 3& % Queensland ... ... 108 0 0 15s higher 3i % Australian ... 107 0 0 20s higher 3} % Tasmanian ... ... 110 0 0 Unchanged 4 % New Zealand ... ... 115 0 0 5s higher % New Zealand ... ... 109 15 0 10s higher 3% New Zealand .. ... 101 15 0 10s higher

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18971120.2.27.27

Bibliographic details

MONEY AND MARKETS., Evening Star, Issue 10476, 20 November 1897, Supplement

Word Count
344

MONEY AND MARKETS. Evening Star, Issue 10476, 20 November 1897, Supplement

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