MONETARY AND COMMERCIAL.

Hawke's Bay Herald, Volume XXXIII, Issue 10968, 16 July 1898, Page 3

MONETARY AND COMMERCIAL.

(PBB PEESS ASSOCIATION.— COPYRIGHT ) Reoelved July 15, 10,20 p.m. London, July 14. Tho weekly returns of the Bank of England, published to-day, show the stock of gold, coin, and bullion to be £33,985,000; reserve, £25,045,000 ; proportion of reserve to liabilities, 4612. There was in circulation £28,106,000. Public deposits amounted to £7,278,000; other deposits, £46,878,000; Government securities, £13,792,000 ; other securities, £33,463,000. Government securities. — Imperial consols, £111 10s ; Now South Wales 4 per cents £117 15s, 3£ per cents £107, 3 per cents £100 10s ; Victorian 4 per cents £113, 3£ per cents £105 10s ; South Australian 3£ per cents £LOB, 3 per cents £100; Queensland 4 per cents £111, 3^ per cents £106 ; New Zealand 4 per cents £115, 8^ per cents £107, 3 per cents £99 ; Tasmanian 3£ per cents £108 ; West Australian 8^ per cents £106. English wheat is firm, Continental has slightly improved, and the American is steady. Eussian cargoes 34s 6d. London quotation for hard Duluth 395. Colonial beans, 32s 6d. Sugar from Java 11s 6d, German beet 9s 6d, No. 1 best Scotch pig iron f.o.b. in Clyde, 465. Silver, 2s 3±d. Reoelved July IG. 12 35 a.m. Sydney, Friday. A heavy advance has been made in the price of potatoes to-day, and the quotation is £8 per ton. Holders are very firm, and there is expected to be a further advance of 10s by Monday.