English Markets.
L 'Ndox, July 9. Consols arc quoted at 98{}. The inarkefc rate of discount is j|- per cent., bank rate 2 pet" cent. New Zealand securities are unchanged. Colonial hreadstnfTa arc unchanged. The weekly returns ot the Bank of England show the total reserves m notes and bullion to be i' 17,100,000, a reduction of i' 300,000 during the weak. Wool. — The present series of colonial wool auctions will close to-morrow. The market to-day was sluggish. Since thei commencement' of "the series 256,000 bales have been sold ; 70,000 bales are' held over for the next salos. Greasy and scoured wool, realised £d to Id lower than last sales. Fine qualities crossbred generally were l^d lower ; lower qualities wore Id lower.
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Bibliographic details
Manawatu Standard, Volume X, Issue 38, 13 July 1885, Page 4
Word Count
122English Markets. Manawatu Standard, Volume X, Issue 38, 13 July 1885, Page 4
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