COMMERCIAL.
[BY CARLE.] London, December 8. Consols have advanced to 99|. New Zealand securities are unchanged at the following quotations : —Five per cent 10-40 loan, 103; five per cent 1889 loan, 104 ; four and a half per cent 1879-1904 loan, lOlf. The total reserve in notes and bullion in the Bank of England is £117,125,000. The bank rate of discount remains at 5 per cent, and the market rate afc 4£. Adelaide wheat, ex-store, is unchanged afc 565, and New Zealand ditto afc 525. Adelaide flour, ex-warehouse, 41s 6d. Australian tallow, best beef 38s 6d, and besfc mutton-42s 6d. December 9. There are no changes to report to-day in the money market or in colonial produce. The total quantity of wheat afloat for Great Britain is 2,690,000 quarters. December 10. Consols have declined to 99_-. New Zealand securities and colonial hreadstuffs are without quotable change. Australian tallow, best beef 30s Gd, an advance of Is, and besfc mutton 435, an advance of Is 6d per cwt.
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Bibliographic details
Daily Telegraph (Napier), Issue 3259, 12 December 1881, Page 2
Word Count
166COMMERCIAL. Daily Telegraph (Napier), Issue 3259, 12 December 1881, Page 2
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