COMMERCIAL INTELLIGENCE. PANIC IN THE MONEY MARKET. LONDON. 14th November.
The copper market is steady, and prices firm at £71 to £74 per ton. Colonial debentures are in quiet demand. The withdrawals of gold from the Bank of England are large. Owing to reports of heavy failures having taken place in Germany, a panic was created in the money market. The reports turned out, however, to be without foundation, and confidence was restored. A quiet tone prevails in the tallow market. There is a slight decline in prices. The tin market is firm, with hardening prioes; present quotations range from £91 to £92. The corn market is steady ; best Australian wheat is selling at 61s per 4961b5, ex warehouse, and flour at 43s per 2801bs. j
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Bibliographic details
Evening Post, Volume XVIII, Issue 119, 17 November 1879, Page 2
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126COMMERCIAL INTELLIGENCE. PANIC IN THE MONEY MARKET. LONDON. 14th November. Evening Post, Volume XVIII, Issue 119, 17 November 1879, Page 2
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