COMMERCIAL NEWS.
London, October 29. The discount market has assumed a settled appearance, andisfirmerintone. There is no expectation of reduction below existing minimum rate two per cent. Supplies are larger and only the very best bills taken at from three-eights to one-half per cent. The stock of gold at the bank is still large, and almost beyond precedent. Several panics have taken place on the Stock Exchange and on the Paris Bourse, but they are now over. Consols fell to 93 J, but now stand 94j to 94,^ for money and account. Reduced three per cents now stand at 92 3-7 to 92|. The advance in Australian securities has not been maintained in some instances. New Zealand five per cents, 94 to 95 do. Fire per cents, 1891, March and September, 105 to 10G.
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Bibliographic details
Hawke's Bay Herald, Volume 12, Issue 905, 31 December 1867, Page 2
Word Count
134COMMERCIAL NEWS. Hawke's Bay Herald, Volume 12, Issue 905, 31 December 1867, Page 2
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