London Markets.
*. _ eeuteb's telegbams. London, June 14. Consols have advanced to lOOf . Bank rate remains at 4, and market rate at 3£ per cent. The total reserves in notes and bullion in the Bank of England, is £11,900,000, being an increase of one million during the week. The proportion of reserve to liabilities is 40 per cent. There are no changes to report in New Zealand securities or colonial produce. At the wool sale to-day 9200 bales were offered ; the tone of market wa9 steady, but the demand was not active ; 24,000 bales have beon withdrawn from sale since the opening. The fourth series of auctions has heen fixed to open on Nov. 20. Hides are dull and slow of sale with a downward tendency.
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Bibliographic details
Feilding Star, Volume IV, Issue 3, 16 June 1883, Page 2
Word Count
125London Markets. Feilding Star, Volume IV, Issue 3, 16 June 1883, Page 2
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