MONETARY AND COMMERCIAL.

Hawke's Bay Herald, Volume XXXIV, Issue 11129, 23 January 1899, Page 3

MONETARY AND COMMERCIAL.

Beceived January 21, 9,55 a.m. London, January 21. The Bank of England returns are : §tpok of gold, coin, and bullion, 429,883,000; reßerve, 422,103,000; proportion of reserve to liabilities, 44-80; notes in circulation, 420,666,900; public deposits, 48,003,000; other deposits, 441,1i6;Q<}0 ; Government securities, 413,387,000; other securities, .£31,762,000, Thrqe months' bills are discounted at 2 per .cent. Government securities: — imperial .consols, 4111 10s ; New South Walqs, 4 per cents 4118 53, 3 J per gents 4106, 3 per cents 499; Victorian 4 per .cents JSlllj 3J per cents 4105 10s ; South Australian 3 J per cents .£lO7, 3 per cents 498 ss ; (Queensland 4 per cents 4110 10s, 3 j per cents £104 Jss ; Tasinaman 3J per cents 4105 ; West Australian 3fc per cents 4104; New Zealand 4 per cents 4114, 3J per cents 4107, 3 per cents 498 15a. Whe,ei.r^-The English wheat market has ?i ,<J,ownyar,d tendency, the Continental is declining an,d weafc, and the American is receding. Victorian and South Australian eas-goes for- early shipment, 18s 6d; Victorian pascela, early shipment, per sailers 27s 9d, per steamer 28a 9d. Sucar — Weak, Java 11s 3d, German 9s l*d. Iron— s3s. Copper— Spot 464|d, three months quotation Lead— l3s. Spelter 24|. The Bradford wool market is very firmCommon sixties 201, super sixties 211. Butter — Mild -weather is causing heavy supplies, thus depressing the market. Danish i? jrre^ular aj; about 106s, and colonial slow of sale at 9,6s to 100s, a few boxes at 102s. Butter is being stored in view of a possible shortage Babbits — Hardening, supplies low ; Victorian 9}d, New Zealand Bd. Silver— 2s 3Jd. January 22, 5 p.m. J,apuary 21. At yesterday's wool sale the market was strong, especially for merinas, Svdjjet, Saturday, Potatoes are acaroe, and there is a strong advance in price ; local 47 to 48 ss, New Zealand 45 to 46.