COMMERCIAL.
ILONJX>N MONEY MARKET DEPRESSION IN GILT-EDGED SECURITIES. * Australian-N.Z. Cable Association. Received Oct. 4, G,15 p.m. London, )ct. 3. The depression in connection with giltedged stocks, owing to the issue of Exchequer (i per cent, bonds, has been increased by the news that part of the French war loan is to be ollered in London. There is no great pressure to sell, 'but stocks are being marked down. Consols are at £5!), War Loans £35 and £93 53; New Zealand 4 pe; cent. £BO 10s (ex-dividend), 3'/ s per cent. £73 las, 3 per cent. £GI 10s. THE WHEAT CROP. Received Oct. 4, -8.5 p.m. London, Oct. 3. vVheat. —Market firm. Cargoes are from sixpence to a shilling dearer. Latest reports indicate the probability" of the exports from Argentina and the United States being considerably below expectations, causing a shortage of supplies for the new year.
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Taranaki Daily News, 5 October 1916, Page 5
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146COMMERCIAL. Taranaki Daily News, 5 October 1916, Page 5
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