LONDON—September 20.

Taranaki Herald, Volume XXXVII, Issue 8275, 22 September 1888, Page 4

LONDON— September 20.

aoNKX SEOORiTiisS. —3 per cent. Goasolt now at 100| ?J per cent. Consols 99^, New Zealand securities are quoted as follows:—s per cent. 10-40 loan, 101J ; i\ per cent. 1879-1904 loan, .98| ; 4 per cent, inscribed stock, 99}-. Bank rate of discount is now 4 per cent., and market rate is cow 2? per cent. Total reserve in the Bank of Euglnnd in notes and bullion is now £11,950,000, being a decrease of £745,000 ou last week, Proportion of reserveto liabilities is 40 per cent., beiDg a decrease of 4 pei cent on last week. Brkadstubfs. —Australian whent.ex store, quiet, at 45s to 47s 6d per 4961ba; New Zealand wheat, ex store, 41s to 42s per 4961 b; Australian flour, 26s 61 to 27s ; New Zo.iand flonr, 255. Tallow. — Australian tallow, steady; beef, 275; and 27s 6d for mutton. Leatukb. —Bent sides Australian leather advancing 9d to 9£d per lb.; bides are reali. ring from 3^d to3Sd. b'LAX. -- New Zealand fcptrp, £26 to £»«5 10s. fiuiTER —Mf.rketq io',at!)^(l lo 101. Frozen Mkat. — Ne* Ze«J>«nrt frozen mutton, prime qanlily, 4^(l to 4j I per lb., and shows at upward tende cy. Wtot —To market opened on Tuasd-y (18th). Fiiccs weiele el < f lost sa.e»; c"ars*i scuuiel, sl'ghtly weaker. On We.inediy (19th; r^,uoo bales wre fo'd. Faulty sorts have a hardening tendency.