THE LATEST.
(REUTER’S TELEGRAMS.) (Received May 8, 1.15 a.m.) London, May 6. Three per cent. Consols, LIOI ss. New Zealand securities, colonial breadstuffa and tallow are unaltered in value. The Bank rate of discount is 3 per cent, and the market rate 2 j per cent. The weekly returns of tlie Bank of England published to-day show the total reserve in notes and bullion to be LI 1,700,000, and the proportion of reserve to liabilities 39 per cent. May 7. In the House of Commons last night Mr John Morley, Chief Secretary for Ireland, introduced a Bill providing for the temporary prolongation of the Arms Act in Ireland. (SPECIAL TO UNITED PRESS ASSOCIATION.) (Received May 8, 0,50 a.m.) London, May 7. Matterson, the sculler, will not ratify his challenge to Godwin. The Collingwood (Victoria) municipal loan of £40,503, has been placed in the market and tenders will be opened on the 13th inst. All efforts to effect a compromise between Messrs Gladstone and Chamberlain have failed.
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Bibliographic details
New Zealand Times, Volume XLVI, Issue 7777, 8 May 1886, Page 2
Word Count
166THE LATEST. New Zealand Times, Volume XLVI, Issue 7777, 8 May 1886, Page 2
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