Commercial.
Consols are at 100£. The Bank rate of discount is 5 per cent, and tbe market rate 4£ per cent. Tbe total reserve in notes and bullion in the Bank of England is £10,750,000. New Zealand securities are unchanged. Adelaide wheat, ex warehouse, is quoted at 575 ; New Zealand do, 52s 6d; Adelaide flour, ex store, 425; Australian tallow, best beef, 39s ; beßt mutton, 41a 6d. There is only a limited demand for Australian hides, and prices are one-eighth of a penny lower. At tbe wool sale to-day, 7800 bales were catalogued. Prices were firm, and an active demand was experienced!
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Bibliographic details
Star (Christchurch), Issue 4243, 26 November 1881, Page 3
Word Count
102Commercial. Star (Christchurch), Issue 4243, 26 November 1881, Page 3
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