The Money Market.
Messrs Chas. Pownall and Co., scriveners, report , that the stagnation i m the .money nWketj; botfc m vfc6 I supply 'and demand, still continues, iutejresi on mortgage investments remaining at former quotations, viz., 7£ to 8 per cent. Capital m commercial circles m Eugland ia difficult to place at 1 per cent., and the position now. taken up. here. by, one of the.lead- , injj banks! m .imperially redudiig thi, i rate of olisco'uutV shbutd relieve pJOsBUie that has long existed (emanating principally from this particular source), and produce a decided ye. action. <• r*> - ';< * •• • :<
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Bibliographic details
Manawatu Standard, Volume IV, Issue 202, 23 July 1884, Page 2
Word Count
96The Money Market. Manawatu Standard, Volume IV, Issue 202, 23 July 1884, Page 2
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