A RAILWAY PURCHASED FOR MILITARY PURPOSES.
PURCHASE OF FOUR IRON
CLADS,
LONDON WOOL MARKET
DEPRESSED.
[SPECIAL TO PRESS AGENCY.] LONDON, March 23. The Admiralty have purchased a small railway, for Military purposes ; mlso the four powerful ironclads m m the Thames built for Turkey an s Brazil.
Mouey . is m less demand, and rates are dropping. The Bank rate is 2 per cent.
The Bank of England gold reserve has been weakened by gold withdrawals
Consols are 95$
The market for Australian securities show a downward tendency. The price of New Zealand Consolidated Five per Cents, is quoted at 104.
The wool sale shows considerable weakness as the sales progress. The languor m the demand led to several withdrawals.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT18780328.2.8.2
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume XI, Issue 899, 28 March 1878, Page 2
Word count
Tapeke kupu
119A RAILWAY PURCHASED FOR MILITARY PURPOSES. Waikato Times, Volume XI, Issue 899, 28 March 1878, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in