COMMERCIAL.
(by cable.)
London, November 9.
The Stock Exchange is closed to-day, and there are therefore no changes to report in the money market. Adelaide wheat, ex-warehouse, has fallen Is, and is quoted to-day at 56s ; New Zealand ditto has declined Is 6d to 42s 6d ; Adelaide flour, ex-store, has fallen Is to 41s. Australian tallow, best beef 38s, and best mutton 41s. November 10. Consols are unchanged at 99|. The total reserve in notes and bullion in the Bank of Fngland is £10,500,000. The bank rate is unchanged at 5 and the market rate at 3f per cent. The ft r ew Zealand five per cent 10-40 loan has advanced by £1 to 104_- ; the five per cent 1880 loan remains at 103, ex-dividend ; and the four and a half per cent 1879-1904 loan is quoted at 104J, also an advance of £1. Pis: iron, No. 1, f.o.b. in Clyde, has advanced to 52s per ton. Colonial breadstuffs and tallow are unchanged. Adet,atdt:, November 11. T*"heat. per bushel, is quoted afc 5s 4d to Bs sd. The market is dull. Town flour, per ton, £12, and country brands £11 ss. Freights to the United Kingdom, from Adelaide 47s 6d, and ditto from the outports 50s.
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Bibliographic details
Daily Telegraph (Napier), Issue 3235, 12 November 1881, Page 2
Word Count
206COMMERCIAL. Daily Telegraph (Napier), Issue 3235, 12 November 1881, Page 2
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