MONETARY AND COMMERCIAL.
♦ . [Special to Pbess Association.] LONDON, Jvm 20. [Eooeived Jans 21, at 12,50 p.m.] The weekly returns of the Bank of. England published to-day show the total reserve in notes and bullion to be -£13,470,000, being a decrease of £138,000 as compared with the previous week. The proportion of reserve to liabilities is 39*12. Consols 97j. New Zealand 4 per cent inscribed stock, 105 ; 3j per cents 95|. Adelaide wheat, firm, 38s ; Victorian, steady, 375; New Zealand long-berried, active, 36s 6d. Svgar — German, 12s 3d ; Java, 14a 9d, nominal. No. 1 best Scotch pig iron, f .o.b. in Clyde, 45s cash. The market rate of discount for three months' bills is 2£ per cent. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following London telegram dated I JUBB 20.1 Tallow. — Market inactive. There has been a decline of about 6d per lb since last report. ! Frozen Meat. — Mutton market steady. Wellington mutton is worth 4f d per lb. Lamb market easier. Prime New Zealand lambs are worth s|d per lb. Beef market inactive. New Zealand Beef. — Forequarters are worth 2|d per lb, nominal value. Other quotations unchanged since ; last telegram. New Zealand Hemp. — Market weaker. Quotations irregular.
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https://paperspast.natlib.govt.nz/newspapers/TS18900621.2.23
Bibliographic details
Star (Christchurch), Issue 6885, 21 June 1890, Page 3
Word Count
203MONETARY AND COMMERCIAL. Star (Christchurch), Issue 6885, 21 June 1890, Page 3
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