COMMERCIAL NEWS.
London, October 29. The discount market has assumed a settled appearance, and is firmer in tone. There is no expectation of any reduction below the existiog minimum rate, 2 per cent. Supplies are large, and only the very best bills are taken at from § to \ 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|, but now stand at 94£ to 94|, for money aad account. Reduced three-per-cents now stand at from 92 3-7 to 92£. The advance in Australian securities has notbeen maintained in some instances. New Zealand j&ve-per-cents 94 to 95; do. six-per-cents 1891, March and September, 105 to 106.
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Nelson Evening Mail, Volume II, Issue 303, 23 December 1867, Page 2
Word Count
133COMMERCIAL NEWS. Nelson Evening Mail, Volume II, Issue 303, 23 December 1867, Page 2
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