MONEY MARKET RATES.
LONDON, June 2. Discount and short-loan interest rates are unchanged a* follow: Day-to-day loans, £ per cent.; fine trade bills, three months, 2 to 2J per cent. ; bank bills, three months, 9-16 per cent.; Treasury bills, six months, § per cent.; Treasury bills three months, g to 9-16 per cent. NEW YORK. June 2. Call money is unchanged and is quoted at 1 per cent.
The favourable weather experienced during the past week has witnessed an appreciable growth of grass in Taranaki, and though the season is well advanced it will help maintain the level of production a little longer. In sheltered areas the growth has been such that cattle are inclined to leave hay and ensilage, preferring the young grass.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19370604.2.47.11
Bibliographic details
Manawatu Standard, Volume LVII, Issue 157, 4 June 1937, Page 5
Word Count
122MONEY MARKET RATES. Manawatu Standard, Volume LVII, Issue 157, 4 June 1937, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.