Commercial and Shipping Telegrams.
BY KIiBCTRIC TBLIOBAPH— COrYBIO.HT. ISPECIAI, TO UMITED PRKBS ASSOCIATION.] London, 18th September. Consols remain at 101 j, and New Zealand insoribod stock 99J-. The Bank of England weekly roturns show the total reserve of notes and bullion to be .£11,600.000, an increase of .£200,000 during the week. The proportion of the reserve to liabilities has advanced from 43 to 44 per cent. The Bank rate of discount remains at 4 per oent. and the market rate at 3|. Colonial breadstuffs and tallow are without quotable change. Wool.— At the auctions to-day 11,000 bales were offered, when prioes showed a hardening tendency. Greasy and good combing scoured are about the samo as the closing ratos of last Bales ; modinm combing soonrcd halfponny lower, and faulty scoured about ono penny lower than the closing rates of last sales. Since tho opening of the series 10.QOO bales havo been withdrawn out of a totijl of JOI.OOO offered. Sydney, 16th September. The steamship Be)lingor, chartered by tho Federated Seamen's Union, has sailed for Auokland, via Newcastle. New Zealand wh.eat is quoted at 3s 3d to 3s 6d ; New Zealand oats, U lQd tp 2s 2d; maize, 4s ; potatoes, 30s to 255. Sailed— Steamship To Ajiau, for Auokland. Adelaide, 16th September. Wheat it negleoted at 3s Sd. Flour is dull at the following quotations I— Town flour, .£9 5s to £9 10s : country brands, £8 5s to £8 10s.
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Bibliographic details
Evening Post, Volume XXXIV, Issue 68, 17 September 1887, Page 2
Word Count
238Commercial and Shipping Telegrams. Evening Post, Volume XXXIV, Issue 68, 17 September 1887, Page 2
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