Monetary and Commercial.
London, Oct. 23. ' Consols have further declined to 101$. , New Zealand securities are unchanged. The- total reserve m the Bank of England m notes and bullion is £10,600,000, and tho proportion of reserve to liabili ties, 37 per cent. The bank rate of discount remains at 3 per cent., and the market rate at 2f . Adelaide wheat, ex store, is unchanged at 365,; and New Zealand ditto at 31s to 345. Adelaide flour, ex warehouse, 255. Tallow — Average quality Australian beef and mutton, 33s 6d. Sydney, Oct. 24. New Zealand wheat, per bushel, 3s Id ; New Zealand oats, 3s ; maize 4s lOd. Sugar Company's No. 1 pieces, per ton, £31. Melbourne, Oct. 24, The Melbourne manager of the National Mortgage and Agency Company of New Zealand (Limited) reports the sale of a cargo of kauri timber, ex fcri'assmere, at the following average prices : — At per 100 ft super, hewn logs, 13s ; sawn flitchos, 16s 3d;
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Bibliographic details
Manawatu Standard, Volume IV, Issue 283, 27 October 1884, Page 2
Word Count
158Monetary and Commercial. Manawatu Standard, Volume IV, Issue 283, 27 October 1884, Page 2
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