COMMERCIAL.
London, September 26. The money market remains in the same position as last month. First-class foreign bank paper done at one per cent and even lower. Mercantile bills, If and 1^ per cent, j A complete deadlock has occurred, owing ' to the abundance of money, and the want of means of employing it. A violent reaction jis expected hourly. Bank stock is depressed owing to reduced dividends. The decline in British funds is owing to the interpretation put on Count Bismark's circular by French opposition journals.
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Bibliographic details
Wellington Independent, Volume XXII, Issue XXII, 21 November 1867, Page 4
Word Count
87COMMERCIAL. Wellington Independent, Volume XXII, Issue XXII, 21 November 1867, Page 4
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