COMMERCIAL.
(By Cable). Londos , , March 1. Consols, 102;;. Bank rate •>, and market rate 21 per cent. The total reserve in notes and bullion in the Bank of England is £14,100,000, an increase of £100.000 during the week. The proportion of reserve to liabilities is 43 per centum. New Zealand securities, colonial breadstuffs, and tallow are without quotable change. Melbourne, Friday. Messrs C. S. Ross and Co. report the sale of kauri pine ex Clinton at the following average prices:—Sawn flitches, 1-inch, 10s Od: sawn boards, 1-iuch, 14s 3d; sawn boards, I.] to 3-inch, 1 (is pel , 100 feet super : tongued and groved flooring, 6 by 1:j -inch, Us Ud; do, '', by 1-inch, (is jior 100 feet lineal. The timber market is very weak. Sydney, This day. New Zealand wheat, Is :jd; New Zealand oats, 2s Gd: maize, 3s Gd; sugar, Company's No. 1 pieces, £30. Adelaide, Friday. Wheat, -5s Bd, with market quiet and very little doing: town flour .£l2 10s to £'13, and country brands £12 to £12 os.
Freight to the United Kingdom, sailing 255, do. from the outports 27s (id. Nothing doing in grain freights.
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Bibliographic details
Daily Telegraph (Napier), Issue 3632, 3 March 1883, Page 2
Word Count
188COMMERCIAL. Daily Telegraph (Napier), Issue 3632, 3 March 1883, Page 2
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