COMMERCIAL.
[by cable.] London, June 30
Consols remain at 100£. The market rate of discount has declined to 3|-, and is now live eighths below tho bank rate.
New Zealand securities.—The four and a half per cent 1879-1904 loan has declined by 10s, and is now at 102; the four per cent inscribed stock has advanced by 10s to 103 ; tho five per cent 10-40 loan is unchanged at 106t", and the five per cent 1889 loan at 10-I_-. Colonial breadstuffs remain dull at last quotations, namely, Adelaide wheat, exwarehouse, 475; New Zealand ditto, 43s to 465; Adelaide flour, ex-warehouse, 335. The total quantity of wheat afloat for tho United Kingdom is 1,820,000 quarters, a reduction of 20,000 during tho week.
Australian tallow continues dull at 41s for best beef, and 42s 6d for best mutton. Best Australian leather is quoted at lOd.
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Bibliographic details
Daily Telegraph (Napier), Issue 3733, 3 July 1883, Page 2
Word Count
143COMMERCIAL. Daily Telegraph (Napier), Issue 3733, 3 July 1883, Page 2
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