COMMERCIAL.
(by cable.) London, November 11. Consols are unchanged at 99|. The market rate of discount has advanced to 3£ per cent, and the bank rate remains at 5 per cent. New Zealand securities are unchanged. Five per cent 10-40 loan, 104J- ; five per cent 1889 loan, 103, ex-dividend"; four and a half per cent 1879-1904 loan, IOOf. Adelaide wheat, ex-wai'ehouse, 56s ; New Zealand ditto, 52s 6d ; Adelaide flour, exstore, 41s. The total quantity of wheat afloat for Great Britain is 2,360,000 quarters. Australian tallow, best beef has advanced Is per cwt to 345, and best mutton 6d to 41s 6d. There ig only a limited demand for Australian hides, and prices are one-eighth lower.
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Bibliographic details
Daily Telegraph (Napier), Issue 3236, 14 November 1881, Page 2
Word Count
115COMMERCIAL. Daily Telegraph (Napier), Issue 3236, 14 November 1881, Page 2
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