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COMMERCIAL.

(by cable.)

London, October 6.

Three per cent consols have further declined one-eighth, and are quoted to-day at 99J.

S"ew Zealand securities avo unchanged at the following quotations : —Five per cent 10-40 loan, 102h ; five per cent 188"> loan, four and a half per cent 1879-1904 loan, 99J.

The total reserve in notes and bullion in the bank of England is £10,300,000. The bank rate of discount is 5 per cent., and the market rate 4f.

Colonial breadstuff's are without quotable change. Adelaide wheat, ex-store, 595, New Zealand difto, 575, Adelaide flour, exvarehousp, 42s 6d.

Australian tallow is firm at 39e 6d for best beef, and 43s for best mutton.

Best Scotch pig iron has further advanced Is per ton for No. 1 f.o.b. in Clyde, anl is quoted to-day at 555. Adelaide, October 7.

Wheat, per Irashel, ie quoted at Os sd. Town flour, per ton, £12 5s 5 country brands, £11 10s.

"Freight? to the United Kingdom from A delaide, 50a, ditto from the oufcports, 52s 6d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18811008.2.4

Bibliographic details

Daily Telegraph (Napier), Issue 3207, 8 October 1881, Page 2

Word Count
170

COMMERCIAL. Daily Telegraph (Napier), Issue 3207, 8 October 1881, Page 2

COMMERCIAL. Daily Telegraph (Napier), Issue 3207, 8 October 1881, Page 2

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