[Special.]
London, May 25. Discount rates in the open market are falling, and a reduction in the Bank minimum is expected. The Bank reserve is slightly better than last week. Consols are firm at 95 J; the market for Australian securities is remarkably firm ; wool is showing a better tone, and the market is hardening ; of wheat there is a large foreign supply and a home stock.
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Bibliographic details
Nelson Evening Mail, Volume XIII, Issue 125, 27 May 1878, Page 2
Word Count
67[Special.] Nelson Evening Mail, Volume XIII, Issue 125, 27 May 1878, Page 2
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