COMMERCIAL.
(by cable.) London, June 9. Consols remain at 100 J. The New Zealand five per cent 10-40 loan is quoted at 105, the New Zealand five per cent 1889 loan at 105, and the New Zealand four-a-half per cent 1879-1904 loan at 103. The bank rate of discount is unchanged at 2J per cent, and the market rate at Is. The total reserve in notes and hulllion in the Bank of England is £14.800,000. Adelaide wheat, ex-warehouse, 48s ; New Zealand wheat, 455; Adelaide flour, exwarehouse, 33s 6d. Australian tallow, best beef per cwt, 355, and best mutton, 37a 6d. Sydney, June 10. Hennessy's brandy in case is quoted at 36s 3d, and bulk quarters at 12s 3d ; maize, per 601b5., 2s 3d ; tobacco, Raven's twist, per lb., Is sd. Adblaidt!, June 10. Wheat is quoted at 4s Bd, and the market is very quiet. Town flour fetches £11 ss, and country brands £10 5s to £lo 10s. Freights to London by steamers and sailing vessels are 35s ; freights to the United Kingdom, from Adelaide 355, and ditto from the outports 37s 6d. There has been but little doing in freights during the week, the market is dull.
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Bibliographic details
Daily Telegraph (Napier), Issue 3106, 11 June 1881, Page 2
Word Count
198COMMERCIAL. Daily Telegraph (Napier), Issue 3106, 11 June 1881, Page 2
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