MONETARY AND COMMERCIAL.

Hawke's Bay Herald, Volume XXXIV, Issue 11122, 14 January 1899, Page 3

MONETARY AND COMMERCIAL.

Beceived January 13, 9.15 a.m. London, January 12. Twelve thousand quarters of Victorian wheat of the January and February shipments have been sold at 28s 6d. Tin is quoted at £18 10s. Candles, colonial, 3Jd. Beceived January 14, 1 a.m. The stock of gold, coin, and bullion in the Bank of England is ,£28,997,C00 ; reserve, .£20,059,000; proportion of reserve to liabilities, 4050; circulation, ,£27,721,000 ; public deposit, .£7,691,C00 ; other deposits, .£41,513,000; Government securities, .£15,192,000; other securities, .£32,041,000. Three months' bills, 2 11-16. Government securities: — Imperial consols, .£111 ; New South Wales, 4 per cents ,£llß, 34 per cents ,£lO5, 3 per cents .£9B los; Victorian 4 per cents .£111; 3J per cents .£lO5 ss ; South. Australian 3J per cents ,£lO7, 3 per cents ,£9B ; Queensland 4 per cents ,£llO, 3£ per cents .£107; Tasmanian 3^ per cents .£lO5 ss ; West Australian 3fc per cents .£104 ; New Zealand 4 per cents .£ll4, 3J per cents .£lO7, 3 per cents .£9B. The English, Continental, and American wheat markets aro quiet and steady. There are fair enquiries for parcels. Sugar, steady; Java lls 7Jd, German 9s 6d. Bradford wool very firm ; prices are unaltered. Iron, 51b. The copper market is irregular; spot .£6O 16s, three months £61. Tin, spot 98 j, three months 99}. Lead, soft 13j. Hemp, fair demand ; Now Zealand fair quality .£2O. Butter is a shade lower ; fair business wa3 transacted. Colonial 100s to 102s. Danish 108s. Svuney, Friday. The lambing return for the colony shows an average of 52 : j per cent, an increase of 95 per cent as compared with the previous year. Another heavy fall in potatoes has taken place, and they are now quoted at from .£4 10s to £5 10s.