COMMERCIAL.
The Bank of England reduced the rate of discount from 9 to 8 per cent, on the 10th November ; on the 23rd it was lowered to 7 per cent. In the open market good bills are discounted at 6| to 6f-.
The Bank of France has reduced its rate of discount from 7to 6 per cent. No further reduction is anticipated for some time. Consols for money, 91i to 91j; do., for account, 89J- to 89f^-
Colonial Government Securities.—New South Wales, Five per cent., 1866, Jan. and July, 98 to 100 ; Victoria Sixes, April and October, 107 to 109; Queensland Sixes, Jan. and July, 104 to 105; New Zealand Sixes, 105 to 107 ; South Australian Sixes, 107 to 109.
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Bibliographic details
Colonist, Volume VIII, Issue 759, 31 January 1865, Page 3
Word Count
120COMMERCIAL. Colonist, Volume VIII, Issue 759, 31 January 1865, Page 3
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