ENGLAND.

Hawke's Bay Herald, Volume XXX, Issue 10057, 26 July 1895, Page 2

ENGLAND.

LONDON, July 24. The total quantity of wheat and floor afloat for the United Kingdom is 3,510,000 quarters, and (or the Continent 1,240,000. Tbe American vUlble supply of wheat la 48,700,000 bushels. Union Steamship Company's shares, £8 10s. The balance-sheet of the Union Bank of Australia shows a profit) of £51,592. The deposits amounted to £17,055,064, the public securities and . cash items to £5,224,034, and the advances on bills receivable and discounted to £15,669,067. Tbe report of the directors state that s careful investigation had been made of the bank's business, and although a more hopefnl feeling exists with regard to colonial affaire, they have deemed it necessary to make large reserves for donbtfal dependencies. A meeting of the London depositors re« jeoted the reconstruction scheme of the City of Melbourne Bank, and appointed the existing committee to co-operate with the Scotch committee in making inquiries -"■"• into the position of the bank. Mr Stewart, Official Keceiver, reported mogt favorably / on the debtors' account, but questioned the accuracy of the old balanoe-sheets } he also stated tbaft the directors' over, drafts exceeded £50,000. The Times strongly urges that Mr Gully be re-elected Speaker of the House of Commons in order to demonstrate the) uon-partisan character of the position. It is stated that the Duke olConnanght moeeeds the Duke of Cambridge as Com-, nander-ln Chief. Reports from Shanghai state that Japan lemanda an addition of seven and a-half allllons sterling indemnity tor withdrawng from the Liatong Peninsula, The Waltekauri Extended Qoldminlng )ompany, which proposes to carry on iperatlons In the Thames district, has ieen registered, with a capital of £130,000,