MONETARY AND COMMERCIAL.

New Zealand Times, Volume LXVI, Issue 3311, 18 December 1897, Page 3

MONETARY AND COMMERCIAL.

fly Telegraph.—Press Association. —( Jjpyrijh>. Received December 17,11.15 p.m. London, December 16. Three months’ hills are discounted at 2 15-16th per cent. The following are tho latest quotations for Government securities :

♦lnterest payable in May and November. {-Interest payable in January and July. {lnterest pay&ble in April and October. The English wheat market is quiet, and inclined to weakness. The Continental is changing a little for the worse, and the American is tending downwards. The American visible wheat supply is estimated at 50,215,000 bushels. Californian No. X milling, for early shipment, 37a ' 3d; .Russian cargoes (Ghirka), 37s 6d c.i f. per 4921 b j London quotations for N0..l bard Duluth, 39s 6d. Sugar is quiet. German beet, 88deg., 9s per cwt. ; Java cane. No. 1, D.S., 10s 9d per ewt. Pig iron—Glasgow warrants. No. 1,45 s lsd per ton, f.o.b. in Clyde. The Bradford wool market is dull. Received December 17. 10.15 p.m. 1 r • - London, December 16. At the New Zealand and River Plate Land and Mortgage Company’s meeting a further dividend of 3J- pei coat, was declared. The profits amounted to .£22,876. The sum of .£1062 was added to the reserve, and £1583 was carried forward to next year’s account.

; Price. Variation as compared wuh last week. 2J% Imperial Consols * . £ 112 B. 15 a. 0 Unchanged, 121 6 015/* lower. 8i% New South Wales .. 108 10 t 5/• higher. 103 10 I 5/- lower. 112 0 0;Unchanged. 100 5 0{ 5/- lower. a|% South Australian .. 8% South Australian 110 5 0 35/• lower. 100 0 010/* lower. 112 0 30/* lower. Queensland .. ioo 10 0 Unchanged. 0: 5/- lower. 109 10 0 Unchanged. 8 % Now Zealand! 101 15 0 Unchanged 107 0 0 Unchanged. 8i% Tasmania .. .. 110 0 0 Unchanged.