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Pall Mall Gazette

CITY NOTES

... :1Bank directors who will not when they may, are in danger of having to raise the Bank rate when too late to go on saying nay. This week's Bank of England return shows a cash reserve of I3Y millions, which is something unheard of, in recent years, in conjunction with a Bank rate of 2 per cent. But the Bank directors see no reason for protecting their reserve, and go on inviting foreign bankers ...

Published: Friday 02 April 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 830 | Page: Page 5 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CVVT OFFIC, 23, BsMlflha~b0fi Z.O., I ?? Omte. BUSINESS RESTRICTED ON ACCOUNT OF THlE SETTLEKENt. CHANGES FRACTIONAL. The occurrence of the Stock Exchange settlement is causing some demnand for money in the open market this morning, but quotations are unaltered. Short advances are made at 54to 34' per cent., while the discount rate for three months' bank paper is little, if anything, better ...

Published: Wednesday 10 February 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 938 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... THIS DAY'S MONEY AMAR1EvT. CITY OFFECE,. 23, 3BecUl,'cnPJ, R.C.. Tliursday, H4&asf er One. HOME RAILIS WEAK.-FOREIGN STOCKS FIRM.-AMERICAN AND CANADIAN STRONG. The directors of the Bank of England at their meeting this morning decidee to advance the official minimum to 3 per cent.,, it having stood at -_ per -cent. since the i8th of February. This action on the part of the directors wil' cause ...

Published: Thursday 06 May 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1326 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... - CITY fOFICe, 20, BEeckkrsbw'p, S.C.. : 7nesday, half-jast One. HOME RAILS AND FOREIGN STOCKS QUIET.-AMERICANS AND TRUNKS BETTER. In the Money Market this morning there is a somewhat better demand for accommodation, owing to the occurrence of the Stock Exchange settlement, and I4, per cent. is much more readily paid for short advances. The discount rate, though not quotably higher, is firm at ...

Published: Tuesday 27 July 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1445 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... THIS DAYzS MwIONEY MARKET. Half-east One. HOME RAILWAYS AND FOREIGN STOCKS FIRM.-AMERICANS AND TRUNKS BETTER. The demand for money in the open market continues strong, and day-to-day loans still command as much as 334 to 32 per cent. In the discount market rates are supported, the quotation for three months' bank paper being 3% to 334 per cent, though little if any business is secured at the ...

Published: Wednesday 03 November 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1603 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... THIS DAY'S AlNONE: MIARKET. Cfrry Otltc;e, ao, Bs!weersibu-j', . C., Ha ~rrplrrr ;^ast tJne. IIOME RAILS STEADY. - FOREIGN STOCKS FIRMT. - AMRIECANi I)EIRESS ED. There is only a moderate demand for accommodation in the open market this morning, and quotations are easy, though not appreciably lower thlan they vere before the reduction in the official minimum. Short advances are obtainable at 3? ...

Published: Friday 19 February 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1294 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... THIS DAY'S MONEY MARKET, CITY OFFICE, 20, Bazcklersbury, f. C., Alonday, HZalf-uaso One. HOME RAILS WEAK.-FOREIGN STOCKS FIRM.--AMERICANS AND TRUNKS DEPRESSED. There is only a very quiet demand for accommodation in the open markel this morning either in the shape of loans or discounts, and owing to the increased supply of cash, available rates are appreciably easier. Short advances are ...

Published: Monday 09 August 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1446 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CITY tJIFICK. 20, Sz e.~u . C.. One o'eloc.~' H-OME RAILS, FOREIGN STOCKS, AND AMERICANS FR . TRUNKS DULL. There is no fresh feature in the Money Market this morning, and rates aore practically unaltered. Some houses continue to give 2,j~ per cent. as the quota. tion for discounting three months' bank paper, but the bulk oi the business ib done at 2ys per cent. The supply of loanable capital ...

Published: Saturday 18 September 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1295 | Page: Page 9 | Tags: Commerce 

CITY NOTES

... The Bank reserve this week shows the heavy decrease of £877,000, of which about half went abroad in the shape of gold and the other half went into circulation. A return of the latter to London may be expected next week; but there is no sign of gold returning from the Continent,' although the stock in the Bank of France is now 483? millions sterling. This bank appears determined to provide an ...

Published: Friday 05 March 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 838 | Page: Page 5, 6 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... I CITY Orvza., 2, B,-Inanrs.6tr), Z.C., Helf-pes~t On,-. MARKETS GENERALLY DEPRESSED.--ALL ROUND DECLINE IN PRICES. Inthe Money Mark-et this morning -there is hut aquiet demand for accom- modation, although this is settling day in the Consol market, and there is still apparently more cash about than can profitably be employed. Short advances are being, made at ;~per cent., while the quotation ...

Published: Wednesday 03 February 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1124 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CrcY OFFICE, 23. Bseftrsurwp, S.C., I-7cfednesday, Halfpas 0X!o. MARKETS GENERALLY FIRM.--QUOTATIONS HIGHER. There is a good demand for money in the open market this morning in con, nection with the payments in the Consols market, this being the last day of the settlement, and as much as IYX to 2 per cent. is again being freely paid for short advances. The discount inquiry is on a moderate ...

Published: Wednesday 05 May 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1405 | Page: Page 9 | Tags: Commerce 

CITY NOTES

... aCTY NOTES. The Bank of England has gained strength luring the past week. 1th reserve is now wvell above iS millions, having increased, notwithstanding a slight but steady outward dribble of gold to the Continent. But while the Bank is stronger, the market is worse supplied. Other deposits which are the measure of'tlhe balfces available in the mnarlkt, are a million less than last week, and ...

Published: Friday 26 February 1886
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 668 | Page: Page 5 | Tags: Commerce