COMMERCIAL TELEGRAMS.
London, June 2. The Bank o£ England rate of discount has been reduced to 3 per cent.
The American visible wheat supply is estimated at 29,226,000 bushels.
The Bank of England reserve is L 26.046.000. The stock of gold, coin, and bullion for the week was L 34,786,000. The proportion of reserve to liabilities is 4797. There was in circulation L 2 1,777,000. The public deposits amounted to L 11,780,000,
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Bibliographic details
Otago Witness, Issue 2310, 9 June 1898, Page 15
Word Count
72COMMERCIAL TELEGRAMS. Otago Witness, Issue 2310, 9 June 1898, Page 15
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