LATEST CITY INTELLIGENCE.
The «tock markfits close very firm, it !x>int»believed that there ia n good pri*spcct of the Bunk of England rate of discount beiujr rciuccd to 5 per cent. Two or three of the chief home railwny Hfocks ju-e rather tetter. As regards tbrei^rt bonds, tlie cliief movements are a riso in Turkish Consolidecs, nnd a decline in Spanish Pas-five nna Certificatf^s Finaneinl shares are itiqutrccli tor Alliance Bank shares have again risen LI, beinjr quoted 8 to 8J rirern. Tlie oflieial report of business on the Stock Exchange is as inlihnrs : —Three per Cent. Consols, for moiif-y, 89jj,£>:ii3> Three per Cents, reduced, 80, 8&$ Bi>; New Three per CanU. (88f, 8», 88J, 80; Now Two-and a- H«lf per Ccnw., 71J ; Imlisin Stock», 210; ditto l'ivo per Cein. HUtck, 10:l|. J; ditto Four per Cent., 08|; Exchequer Bill?, par to 4$ prom. An impression prevailing that the directors of the Bank of England may reduce the rnte in the course of this afternoon, there is little busins >* in the discount market nt the moment, and good Ihree months' bills hayc been taken in Rome inRtanccs as low as 5J per cent. Short loans are obtainable in t c Stock Exchange nt the re aced rate of 3 to ii\ per cent.
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Bibliographic details
Otago Daily Times, Issue 1016, 22 March 1865, Page 4
Word Count
213LATEST CITY INTELLIGENCE. Otago Daily Times, Issue 1016, 22 March 1865, Page 4
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