LONDON MONEY MARKET.
■Press Association —Copyright. Loudon, November G. Consols S 3. Tho tone of the money market is more cheerful all round. Reuter reports that tho operation of the Bank of Frauco_ (cabled this morning) is a repetition of last year’s action. Naley is purchasing bills in the London money market for three million sovereigns. Eaglestime says another million is to be added, aud ■tho Roiclisbauk is sending a million.
’ A further rise in tho Bank rate is possible owing to the general situation in America.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8969, 7 November 1907, Page 2
Word Count
87LONDON MONEY MARKET. Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8969, 7 November 1907, Page 2
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