ENGLAND.

Hawke's Bay Herald, Volume XXX, Issue 10071, 12 August 1895, Page 2

ENGLAND.

.London, August 9. The present quotations are :— Consols, £107 ; New Sonth Wales 4 per cent* £115 10a, Si per cents £107 10a; Victorian, £105 and £101 10s; South Australian, £112 and £105 ; Queensland, £110 15s and £104 10a ; New Zealand, £112 and £106 ; West Australian, £120 ; Tasmania!], £104 10a. The weekly returns of the Bank o! England, published to-day, show the total resarve to be £28,134,000, and the proportion of reserve to liabilities 57*86. Three months' bills are discounted at g per cent. New Zealand long-berried wheat, nominally 563 61; South Australian' ditto firm, 27 i ; Victorian restricted 27a. For off-coast cargoes selUws ask 265, while buyers offer 6d less. Peas, 25a Qd, New Zealand frozen mutton, first quality 3Jd per )b, second ditto 3§d; lamb, 4Jd. New Zealand hemp, unohanged. No. 1 besb Scotoh pig Iron, f.o.b. In Clyde, 45) ljd. Sugar, German baet, IDs ; Java, 12s. Silver, 23 6JI per onnoe, The London and Anstralasian Corporation (limited), is lssning at par £50,000 worth of 4} per cent mortgage debentures, to redeem terminable debentures. ' The directors of the Londonderry mine* West Australia, report that the unsettled question relating to Casey's Interest in the mine prevents the completion of the trn.Bt), Colonel North, the Earl of Fingai, ■ and Mr Hewitt My ting, directors of the company, are prepared to execute the trußb unlesß the shareholders desire to litigate. The directors propose to comply with the demand of the Australian vendors for the allotment of the balance of vendors' share*, though advised that the case Is fall of suspicion. The Earl of Floral objects to the erection of machinery until the mine has been further proved. He regards the prospects of success as small. Only £80,000 working capital is available, Irrespective of Colonel North's trust. A meeting Is called for the 16th instant. In the case of Salisbury v. Bawaon, remitted from the Chancery division for the purpose ot having the paternity of Geor» glna Priestly Sallbbnry, an infant of fifteen months, determined, the Queen*? 6 * Bench decided that Mrs Salisbury bad failed to establish the legality of the child's birth. The defendant alleged that) the obild wan adopted for the purpose of fraud. Mr Fryer, presiding at a meeting of de« posltors In Goldsbrough, Mort and Conn pany, said the committee bad tried to hold out a helping hand to the poor shareholders. Mr Mitchell believed £600,000 wbb likely to be forthcoming from the rich shareholders. He cordially approved the present proposals, which were better for the shareholders than he had been originally prepared to make. He had received a cable showing a loss of £60,000 on the year's balance-sheet. Mr Young Bald tbe banks would probably declare it necessary to further write down the capital. The banks had consented to take one-third of the amount owing in debenture stock, and accept the remainder in cash as the calls were paid. The meeting nnanloionsly adopted tbe scheme; wbioh whs also unanimously accepted by the shareholders. Tbe Chinese Minister and British Cabinet are consulting with regard to the ' Christian mataaore in Kooheng,

- The yacht Allsa won the Cowea Cop, defeating the Prince of Wales' yaoht Britannia. Four yachts compete for the Australian Cup..