COMMERCIAL TELEGRAMS.
London, October 5. The weekly returns of the Bank of England show the total reierve to be £27,892,000 ; and th« proportion of reserve to liabilities 6810 Consols, IBl}. Three months' bills are discounted at f per cent. New Zealand 4 per cent, inscribed stock, 106 (ex interest) ; 31 per cent, do, 101. New Zealand long-berried wheat (ex warehouse), nominal, 245. The market is weaker and flat. South Australian wheat (ex warehouse), 24s • Victorian, 23s 6d.
New Zealand frozen mutton : First quality, 3gd per lb ; second do, 2jd per lb. Lamb, first quality, 5Jd per lb. At the hemp auctions there was a fair demand, but no New Zealand consignments were sold. Sugar : German beet, 10s lid ; Java tweaker), 13s 3d. Danish butter is unchanged,
October 7. The English wheat market has not declined further, while the Continental is steady, and the American is changing a lltjtle for the better. Rahbitskins are in strong demand. New Zealand skins are in heavy supply, and are Id lower, while medium and inferior show Jd increase. Tallow is unchanged. Silver is quoted at 2s 5 5-!6i. The imports for the month show a decrease in value of £11,000, and the exports a deorease of £834,000. I
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Bibliographic details
Otago Witness, Issue 2120, 11 October 1894, Page 24
Word Count
204COMMERCIAL TELEGRAMS. Otago Witness, Issue 2120, 11 October 1894, Page 24
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