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COMMERCIAL.

(Received August 9, 11.45 a.m.)

London, August 9. The total amount of reserve m the Bank of England is £11,426,000. The proportion of reserve to liabilities is 36-64. Consols, 96£; New Zealand 4 percent inscribed stock, 104|; 3| per cent, 95. Wheat, Adelaide, 38s 6cl; Victorian, 38s 3d ; New Zealand long berried, 37s 6d. The market is steady. No 1 best Scotch pig iron, f.0.b., m Clyde, 46s 9d ; market firmer. Sugar beet, German, 14s 3d; Java, 15s 9d. Bank rate of discount 5 per cent; market rate, 4^ per cent. Money is m moderate demand.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900809.2.21.1.1

Bibliographic details

COMMERCIAL., Ashburton Guardian, Volume VII, Issue 2487, 9 August 1890

Word Count
97

COMMERCIAL. Ashburton Guardian, Volume VII, Issue 2487, 9 August 1890

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