FINANCE AND COMMERCE.

Poverty Bay Herald, Volume XXII, Issue 7447, 28 September 1895, Page 2

FINANCE AND COMMERCE.

London, Sept. 26. The Bank of England returns, published to-day, show the total reserve in notes and bullion to be £34,644,000, the proportion of reserve to liabilities being 61*52 per cent). Three months' bills are discounted at f per, cent.

New Zealand lons;-berried wheat ex ware-'f house is firmer at 265; South Australian w ditto firm at 275 ; Victorian ditto firm at 26a 9d. For Australian off-coast cargoes of wheat sellers ask 24s 6d, while buyers offer 6d less. New Zealand frozen meat and hemp markets are unchanged. Sugar : German beet firm at 10s 6d ; Java also firm at 12s 6d. No. 1 best Scotch pig iron, f.o.b. ir A Clyde, is47s7id. Butter: Australian is nominal at 100 b, finest 102s. \t. Hemp is firmer, go/ o d New Zealand £15, J ! fine £15 15s. ' Kauri gum : 2,928 cases were offered and 2,000 sol£, average scraped 84s, half-scraped 533, pickings 335. There are still 2055 cases in stock. Three hundred hogsheads of Australian wine were offered, and ahnndred sold afe 2s 6d to 5s 6d per gallon. Sept. 27.— AH the beef ex Southern Cross was sold, some at 2s per stone. The Meat Trade Journal says that when Australian cattle attract outside tonnage the . result will be a reduction in freight. With msuitable steamers insurance can be reduced T to two guineas, but a quicker passage will' 1 , be essential. I THE WOOL CLIP. -^ Sydney, Sept. 27. Shearing reports so far show that the wool clip will be small, but good in quality* Those who never read the advertisements in their newspapers miss more than they presume. Jonathan Kenison, of Bolan, Worth Co., lowa, who had been troubled with rheumatism in his back, arms, and shoulders read an item in his paper about how a prominent German citizen of Ft. Madison had been cured. He procured the same medicine, and, to use his own words, *' Xt cured me right up." He also says : "A neighbor and his wife were both sick in bed with rheumatism. Their boy was over to^j| my house and said they were so bad he haek^li to do the cooking. I told him of Chamberlain's Pain Balm and how it had cured me.. He got a bottle and it cured them in a week. . For sale by E. D. Smith, wholesale and* retail agent, —Advt,)

~~ Variation ag Government Securities. Price. ""SSSf 8 * las* week. J £ 'B. d. 2|% Imperial Consols. . . 107 15 0 Same -117 5 05s higher d*4%N:S.W 106 10 010s higher 4% Victorian 110 5 020s higher 3% Victorian 104 0 025 a higher 4%South Australian ... 112 10 0 10a higher? 3J% South Australian. . .105 0 0 40s lower 4% Queensland 112 15 05s higher 3£% Queensland ...106 0 020s higher 4% New Zealand ...113 0 020s higher 3£% New Zealand ...107 0 010s higher 3i%Tasmanian ...107 0 020 a higher 4% West Australia ...122 0 020s higher