Home and Foreign
The Peninsular and Oriental Company’s new steamer Arcadia did a trial trip yesterday and averaged fifteen knots. The market rate of discount is 2\ per cent., and the bank rate 3 per cent. Tin is at LSI 10s. Consols are at 101 g. Wheat.—An off-coast cargo has been sold at from 34s fid to 355. The tin market is quiet, and prices are steady. The copper market is steady. Leather is quoted at lOd to 10£ d; iron (Staffordshire) L 7 10s. New Zealand fours are at LI 00 15s. Mr Pritchard Morgan has stopped work at his gold mines in Wales in consequence of the Government restraining him by injunction from removing the gold without permission of the Crown. The new war vessels to be constructed will be an improvement of the Archer type, and will be longer, heavier, faster, and better armed than the Colonial Conference expected. The French Chamber of Deputies has rejected the proposal to place a duty on Indian corn.
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Bibliographic details
Evening Star, Issue 7614, 17 May 1888, Page 4
Word Count
168Home and Foreign Evening Star, Issue 7614, 17 May 1888, Page 4
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