THE MARKETS.
[P*KB PRKSS ASSOCIATION.! Received April sth, 12.15 p.m. London, April 4. The total reserve in the Bank of England is £15,354,000. The proportion of reserves to liabilities is 41.24 per cent.
Consols, 97f. New Zealand Four per Cent. Inscribed Stock is quoted at 107 i.
There has been a general decline of 3d in the English wheat market. The Continental market is dull, and the American steady. Sellers are asking 35s 9d for Australian wheat on the passage, but buyers will not give more than 34s 3d. Tallow—Best mutton, 24a 6d to 255; best beef, 245. Received April 7th, 1.10 a.m. London, April 5. New Zealand butter, 965. Cheese, best quality, averages 48s.
The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable message from London, dated 3rd April:— Frozen Meat—Mutton market quiet, Canterbury mutton is worth 4|d, and Wellington 4|d per lb. Beef market is unchanged.
New Zealand Hemp—Market is weaker; medium is worth £20 per ton.
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Bibliographic details
Press, Volume XLVII, Issue 7518, 7 April 1890, Page 5
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164THE MARKETS. Press, Volume XLVII, Issue 7518, 7 April 1890, Page 5
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