Commercial.
Wklltnotox, May 18 Messrs Pownall and Co report that during the past month the value of money remains unaltered in quotation from 7 to 8 per cent, but tho lower term now expressly applies to large transactions only upon ' high-class landed securities. The supply of outside capital offering for mortgage investment has become more limited, and combined with .mi advance of 1 per cent, in tlie English market, and the Australian colonies maintaining full rates, there is every possibility, notwitbstandingexisting moderate demand, of present quotations being fully supported.
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Bibliographic details
Feilding Star, Volume III, Issue 106, 19 May 1883, Page 2
Word Count
94Commercial. Feilding Star, Volume III, Issue 106, 19 May 1883, Page 2
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