English Markets.
GOOD NEWS FOR FARMEBS.. ADVANCE IN PRICE OF WHEAT". THE WOOL SAIiES;' ; PRICES MAINTAINED. BRISK COMPETITION. (electric telegraph.— copybigh;t,) (reciter's teeegrams). London, Dec^ 3l "" ' Consols are quoted at 99%. New Zealand securities ar« -tuv> changed. . The market rate of discount is 2£ per *' cent., bank rate 3 per cent. . There has been a general advance ia the prices of colonial braadstufia. Adelaide wheat, per 4961b5, ex store, has adI vanced by 2s to 38s ; while off-coast oar- [ goeß realise 36s per 480tt>s. Adelaide* flour, ex store, is quoted at 265, an. advance of sixpence per 28OH>sl * New Zealand wheat shows an advance of 2* per 4961bs for the higher grades, and prices now obtainable are 2& to -86s, «x store, according to quality* . t Tallow is unaltered, Wool— The present series? of colonial wool auctions closes to-m6^6wY T3OIOBG bales have been sold since the commencement of the series, and 21,000 ' bales art held over for next sales. At, toiday!* I auction there was good competitionyand the various lots were disposed of at full current rates. ,- ... . The Bank of England's weekly" returns-, published to-day, show the total reserve of notes and bullion to be £12,200,000, • reduction of £100,000>dnring'the week. ■
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https://paperspast.natlib.govt.nz/newspapers/MS18851207.2.11.1
Bibliographic details
Manawatu Standard, Volume XI, Issue 1575, 7 December 1885, Page 2
Word Count
200English Markets. Manawatu Standard, Volume XI, Issue 1575, 7 December 1885, Page 2
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