LONDON.

New Zealand Herald, Volume XXXIV, Issue 10425, 24 April 1897, Page 4

LONDON.

Press Association - Electric Telegraph.—Copyright. London, April 22. The Bank of England reserve amounts to £25.802,000, the proportion of reserve to liabilities being 50'9J. Three months' bills are discounted at If per cent. Consols are 110. New South Wales 4 per cents. 12)J ; 3J per cents., 103; 3 per cents., 101 J. Victorian 4 per cents., 113; 3} per cents., 107. South Australian 4 per cents,, 112jf; 3J per cents., 113, Queensland 4 per cents., 113J; 3J per cents., 107. Tasmania!) 3J per cents., 108 J. West Australian 3J per cents,, 110. New Zealand 4 per cents., 1131! 3J per cents., 106 i(; • 3 per cents., 100. Mutton and hemp are unchanged. The English wheat market is firm, but little business is doing, and the Continental is steady. The American has shown a general advance. Russian cargoes, 31s 3d. Loudon quotation No. 1 hard Dulutli, 345. The Bradford wool market is improving. Sugar is quiet. German beet, 8s 7Jd; Java, 10s IOJd. Iron, 44s Hid. The war has caused » hardening of. th« English wheat market. Price* are Is to Is fid higher. Per New Zealand Loan and Mercantile Agency Co, 1 - London, April 22. Mutton; The market is weak. Canterbury and'Wellington' sorts ere worth respectively 3£d and 3Jd lb. . . Lambs: Prima.New Nealand lambs art worth per carcase, Sd per ib.