COMMERCIAL.
(By Cable.) London, August 23. The total reserve in the Bank of England in notes ancl bullion is £13,400,050, being an increase of £600,000 since last Thursday. The proportion of reserve to liabilities has fallen 1 per cent during the week, and is now 46s per cent. The bank rate of discount remains at 4 per cent, and the market rate at o}. Consols are unchanged at 100]. New Zealand securities arc quoted as follows :—Five per cent 10-40 loan, 1061; five per cent 1889 loan, 105 ; four and a half per cent 1879-1901 loan, 100}; four per cent inscribed stock, 100J,-. Tho wheat market continues quiet. Adelaide, ox-store, 487- : New Zealand ditto, 44/- to 48/- ; Adelaide flour, ex-warehouse, 34/-. Australian tallow, best beef 40/-. and best mutton 41/-. The leather market is steady, rates for Australian hides being the same as last sale's quotations. Sydney, Friday. New Zealand wheat, per bushel, 4/3; New Zealand oats, 2/4 ; _ maize, 2/10 ; sugar, Company's No. 1 pieces, per ton, £35. Adelaide, Friday. Wheat remains ot 5/- to 5/1, with market quiet; town flour per ton £11 hi- to £11 10, and country brands, buyers £10 5/-, and sellers £10 10/-. The freight market is improving.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DTN18830825.2.4
Bibliographic details
Ngā taipitopito pukapuka
Daily Telegraph (Napier), Issue 3779, 25 August 1883, Page 2
Word count
Tapeke kupu
203COMMERCIAL. Daily Telegraph (Napier), Issue 3779, 25 August 1883, Page 2
Using this item
Te whakamahi i tēnei tūemi
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