PRODUCE & FINANCIAL
The Bank of England reserve is £21,237,000, and the proportion of reserve to liabilities is 48*65 per cent Discount on three months' bills, 3 7-8 per cent. Consols, 108 f. Colonial securities—New South Wales 4*8,118; 3fs, 105*; 3's, 99 ; : Victorian 4's 111 ; 3fs, 105 ; South Australian 3-J-'s, 107; 3's, 100 ; Queensland 4's, 111 ; 3-i's, 104 ; New Zealand 4'« 112: 3£'s 107*; 3's 98. Tasmanian 3£'s 107. West I Westralian 3£'s, 104. The wheat market is quiet but j steady. The Continental is relapsing, and the American is weaker. New Zealand, 34s Od ; Australian, 34s Od ; Californian No I milling, 33s Od ; Russian cargoes 32« 3d. Sugar is steady—German Beet 9s 7£d, Java cane, 12s Od. Pig iron, 49b 9d per ton. The Bradford wool market is dull. Rabbits are dull of sale ; Victorian bringing 8-£d, and New Zealand B*d each ; hares Is 9d each Bntter is dull, and prices lower all round. Australian, 1063 to 108* per cwt; a few choice samples 110 s. Danish is nominally unchanged, but prices are very irregular.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WSTAR18981104.2.21
Bibliographic details
Western Star, Issue 2253, 4 November 1898, Page 3
Word Count
175PRODUCE & FINANCIAL Western Star, Issue 2253, 4 November 1898, Page 3
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