FINANCE AND COMMERCE.
London, Oct. 29. The Bank of England reserve amounts to £"21,455,000, the proportion of reserve to liabilities being 47 "63 per cent. Three months' bills are discounted at 2 />-() per cent. Variation as Government Securities. Prico. """JJ-J™ 8 last week. Imperial Consols ...111 10 U|ss lower 4% N.S.W 122 15 05s lower 3i%N.S.W 107 5 01 Us lower 3% N.S.W: 101 0 Oos lower 4% Victorian 112 15 05s lower 34% Victorian 107 10 Oos lower 3J%South Australian... 110 15 05b lower 3% ' South Australian... 100 10 05s higher 4% Queensland ...113 0 0 10s lower 3J% Queensland ...107 0 015s lower 3J% Tasmanian ...110 10 0 10s higher 34% West Australian .. 106 0 0 Same 4% New Zealand ... 114 10 Oos lower 84% New Zealand ...109 0 OSame 3% New Zealand .. 101 0 0 10s lower The English wheat market is firm with an upward tendency, the Continental tending upwards, whiles the American shows v general advance. Californian No. 1 milling is at 38s 2d ; Russian cargoes 36s ; London quotations for No. 1 new hard Duluth 39s Od. Wool : Bradford tops are brisk, prices unchanged. Sugar is quiet ; German beet is at 8s 4Jd, Java 10s 9d. No. 1 best Scotch pig iron f.o.b. in Clyde is at 45s (id. ' Silver is at 2s 3Jd per ounce. The Trust Agency Co. of Australasia has declared a dividend of 20 per cent, per annum. The annual report of Dalgety and Co. shows the profits to be £96,860. A dividend of 8 per uont. is recommended, and £16,8(30 is carried forward.
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Bibliographic details
Poverty Bay Herald, Volume XXIV, Issue 8052, 30 October 1897, Page 2
Word Count
263FINANCE AND COMMERCE. Poverty Bay Herald, Volume XXIV, Issue 8052, 30 October 1897, Page 2
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