THE MARKETS.
[PBB PRESS ASSOCIATION.! Received November 15th, 10.16 son. London, Novemter 14. The Bank of England returns, published today, show the total reserve in notes and bullion to be £11,104,000. The proportion of reserve to liabilities is 33 24. Consols, 94. New Zealand Four per Cent. Inscribed Stock, 104; Three-and a-Half do, 94£. Three months' bills, 5J per cent., market firm. South Australian wheat, 38s, 6d, restricted'; Victorian do, 38s, .flat; New Zealand long-berried wheat, 37s 6d, active. Sugar, best German beet, 12a 6d, steady; Java, 15s, quiet. Kauri gum, medium, half soraped, £3 10s.
The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable from their London office, datedl4th November :-—■,
Tallow—There is a fair demand. Mutton tallow has declined 6d per cwt. since last report; quotations for beef tallow unchanged. Frozen Meat—Mutton market unchanged, beef market quiet. New Zealand Beef—Forequarter are worth 3£d per lb, hindquarters 3§<L New Zealand Hemp—Market unsettled * medium is worth £26 10s per ton. Manilla—Market easier.
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Bibliographic details
Press, Volume XLVIL, Issue 7711, 17 November 1890, Page 5
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166THE MARKETS. Press, Volume XLVIL, Issue 7711, 17 November 1890, Page 5
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