LATEST MARKETS.
[TELEQRAPHID BY REUTEH.J LONDON— MAY 18.
Monet SeocbitiicS.— 3 per cent. Oonsoh sow at 103f. New Zealand securities are quoted as-foiiows: — 5 per ct, 1040 loan, 101J; 4J| per -cent; -1879-1904 loan, 95 } 4 pur cent, inscribed stock, 99£. Bank rate of. aiscount is now 2 per cent., and market rate is nowl per cent. ..Total reserve in the Bank of England 'in" 'notes and bullion is now £14,400,000 showing a decrease of £400,000. Proportion of reserve to liabilities is 47 per cent., or one per cent, below last week. Bbeadstubfb. — Adelaide wheat, ex store, new crop, 'at 38s per 4961b5 ; New Zealand wheat, ex store, 37s 6d per 496 lbs.; Adelaide flour. 25s ; New Zealand long benied, 38s. . Tallow. — Australian tallow, steady ; beef, 22s ;,and 23s for mutton. Leather. — Beßt aides Australian leathei we worth ll^d. per ,Ib. ' -: - , FLAX.-^-The New, Zealand flax market con* tinues firm ' at ths following quotations :— fine quality, £26 per Urn; medium, f;22 105 ; common, £20, " -
faozEN Meat. — New Zealand frozen mutton, prime quality, 4d to 4 id per lb.
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https://paperspast.natlib.govt.nz/newspapers/TH18870521.2.25
Bibliographic details
Taranaki Herald, Volume XXXVI, Issue 7377, 21 May 1887, Page 4
Word Count
177LATEST MARKETS. Taranaki Herald, Volume XXXVI, Issue 7377, 21 May 1887, Page 4
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