THE MONEY MARKET.
(l!Y KNECTKIU TKI,KCIIA I'll. — CMCVUIO 1IT.) Loxiiox, May o'O. Tin-; leading iiuancier.s in tin; city tear there will be along continuance of dear money. The Economist states if the colonies wish to depend on the public for floating their loans t.hepi'Psent, system of inviting tenders must be abandoned, and it considers there is no reason why the Queensland loan should not have been subscribed if it had been kept open for t.vo months at the fixed juice of 92, and provision made for interest to accrue from the date of subscription. The cityleading bankers have agreed to meet when occasion arises and deside with the Bank of England the minimum rate of discount for three months' bills.
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Waikato Times, Volume XXXVI, Issue 2946, 2 June 1891, Page 2
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120THE MONEY MARKET. Waikato Times, Volume XXXVI, Issue 2946, 2 June 1891, Page 2
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