THE MARKETS
[RKUTER'S TELEGRAMS — COPYRIGHT. London, October 13. Consols remain at 102^ ; New Zealand Four per Cent. Inscrihed Stock is quoted at 99^. The market rate of discount has fallen to 3^ per cent., and is now % below the Bank rate. The total reserve m notes and bullion m the Bank of England is ;£i 1,300,000, being more than last week. The proportion of reserve to liabilities is 42 per cent., as against 39 per cent, last week. Breadstuff's and tallow are unchanged m value. Sydney, October 14 New Zealand wheat has slightly im : proved since last report, and is now quoted at 3s 3d to 3s 6d per bushel ; New Zealand oats are worth is nd to 2s per bushel ; maize, 3s iod per s6lbs, an advance of 2 d on last week's prices j potatoes are quoted at 30s to 45s per ton.
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Ashburton Guardian, Volume VII, Issue 1688, 15 October 1887, Page 2
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145THE MARKETS Ashburton Guardian, Volume VII, Issue 1688, 15 October 1887, Page 2
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