COMMERCIAL.
London, Oct. 27th. — Money market is unsettled, and great stringency is exercised. On Siggfcinber 26th the discount rose to four and a hlirper cent. ; Octotijtr 2nd to five ; on fifth, to six ; and 7th, to seven per cent., where it still remains. Trade in general is in a sound Estate. * The stringent efforts ofjfeg Bank of England to retrieve its position, owlig to an immense drain of bullion for the Continent, excite a little alarm. The movement in the share market is depressed, owing to the rapid advance of money and measures for the relations between England and America. A committee of Confederate bondholders report that the contractors have no money for payment of interest. Consols : Money, 89£ to 89$-^ account, 89£ to*- * . A %> Colonial Government securities : New South Wales Government 5 per cent., 1866, January and July, 96 to 101 ; New Zealand Sixes, 103 to 105 ; Victorian ditto, April and October, 105 to 106 ; Queensland ditto, January and July, 102 to 103; South Australia ditto, 18701.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBH18651230.2.19.16
Bibliographic details
Hawke's Bay Herald, Volume 8, Issue 713, 30 December 1865, Page 4
Word Count
168COMMERCIAL. Hawke's Bay Herald, Volume 8, Issue 713, 30 December 1865, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in