COMMERCIAL.
(By Cable.) London, August 25. Three per oent consols have again fallen to 99J. The total reserve in notes and bullion in the Bank of England is £12,875,000. The bank rate of discount has advanced to 4 per cent,, but the market rate remains at 3 per oent. New Zealand securities are unchanged at the following quotations : —Five per cent 10-40 loan, 104; five per cent 1889 loan, 103 ; four and a half per cent 1879-1904 loan, 100 i. Adelaide wheat, ex-warehouse, remains at yesterday's quotation, 575, and New Zealand wheat, ex-ship, at 56s 6d. Adelaide flour, ex-warehouse, 40s 6d. Australian tallow is without quotable change, beet beef being at 35s 6d, and best mutton at 37s 6d. Prices for hides are firm, especially for heavy kips. Ad"_aide, August 26. Wheat is quoted to-day at 5s to 5s 6d. The tone of the market, is firm. Town flour fetches £12 ss, and country brands £11 15s to £12 per ton. Freights to London, per steamer, 455; ditto, sailing vessel, 42s 6d. August 27. Wheat remains Arm at 5s 3d to 5s 6d. Town flour is quoted at £12 5s to £12 10s, and country brands at £11 10s to £11 15s.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DTN18810827.2.4
Bibliographic details
Daily Telegraph (Napier), Issue 3171, 27 August 1881, Page 2
Word Count
202COMMERCIAL. Daily Telegraph (Napier), Issue 3171, 27 August 1881, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in