PRODUCE & FINANCIAL
The Bank of England reserve is £27,071,000, and the proportion of reserve to liabilities is 48'69 per cent t > Discount on three months bills, 1-16 per cent. Consols, 111. Colonial securities —New South Wales 4’s, 117* ; 3*’s, 106* ; 3s. 99* ; Victorian 4’s ;3£ s, 105 i; South Australian 3*’s, 108*; 3’s, 100; Queensland 4’s, 110; 3* s, 105 ; New Zealand 4’s 114* : 3*’s 106 T ; 3’s 99*. Tasmanian 3*’e 108. West Westralian 3*%, 105. The English wheat market is quiet and inclined to weakness ; the Continental is depressed, and the American declining and weak Russian cargoes 36s ner quarter. London quotation for No 1 hard Duluth 395. Sugar is sfea ,l v—German Beet 9s 3d, Java cane, 11 s 10*d. Pig iron, 46s Od per ton. covering.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WSTAR18980705.2.22
Bibliographic details
Western Star, Issue 2219, 5 July 1898, Page 3
Word Count
129PRODUCE & FINANCIAL Western Star, Issue 2219, 5 July 1898, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.