Monetary and Commercial.
LBeceived April 19. at "8.10 p.m. | LONDOM.'Arnn. 18. Heary wools are slow of sale. Prices remain unchanged. Lamb, by the Zealandia, is selling at 6f d ; mutton at 4|d. } New Zealand beef, hind quarters ■ 4|d; fore-quarters, 4d. From eighty I to one hundred and fifty carcases by the Ashleigh Brook, have been condemned, and a total of two thousand are more or leßs affected. The weekly returns of the Bank of England show the total reserve in a notes and bullion to be £15,642,000. 9 The proportion of reserve to liabili--1 ties is 45*30 per cent. 3 Consols, 98. New Zealand four per cent inscribed stock is quoted at 107-f, and three-and-a-half s at 98|. } The money market is declining, owing to tho increased supplies from outside. The market rate of discount for three months' bills is If per cent.
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Bibliographic details
Star (Christchurch), Issue 6831, 19 April 1890, Page 3
Word Count
143Monetary and Commercial. Star (Christchurch), Issue 6831, 19 April 1890, Page 3
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