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Pall Mall Gazette

AN UNREAL BANK RATE

... AN URVLREA L IJ.'NK RA dW . SEVERAL, things probablv contributedl to thc dccision of thc T3ank of England directors not to alter their nom nal o'ficia] rate yestcr- day. A sligght improvcment wvas visible in Llic si ght exchanges in bothl Paris and Ncw York. In thc one casc it has lcd people to infer that the gold withdrawals would bc stoppul, and on I the other that shipments hither wvere ...

Published: Friday 03 February 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 913 | Page: Page 1, 2 | Tags: Commerce 

CITY NOTES

... The assumption was very general in the end of the week that money would be cheap for the settlement commencing to-day. No very intelligible reason could be given for this view, but it was based in the main upon the fact that the last settlement proved much easier than was expected. There- fore the Stock Exchange says this settlement must also be easy because, in the first place, there has ...

Published: Monday 27 February 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1346 | Page: Page 6 | Tags: Commerce 

CITY NOTES

... The money market continues its downward course. The best rate for fine bills of three or four months to run on Saturday was only 3 A, and this week it promises to be speedily at 3. The Indian banks, indeed, sold their paper to arrive up to the 3 1st inst. at 3 per cent. on Friday, and are now trying to effect a sale of those due by the first three mails in April at 2X. They were offered 2 on ...

Published: Monday 20 March 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1482 | Page: Page 6 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CITV OFFICE, Boaerse,-btuldiagS, 20, Bucklersbw-y, E.C. Thursday, Half past Tiveve. The Stock Markets this morning have opened strong, at a general advance. Egyptian bonds show a rise of from Y+ to 4, and the Tribute Loans are Y to I higher. Home Railways all show improvement, with the exception of a slight reduction in Midland, the advance being from Y6 to S. American Railroads too, in ...

Published: Thursday 10 August 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1442 | Page: Page 9 | Tags: Commerce 

CITY NOTES

... The Money Mark-et was harder yesterday, because each day makes the probability of a demand for gold from New York mnore imminent. Bills were also more plentiful, because it was the 4th of the month, when so many commercial transactions are settled, and brokers therefore got better rates- from 4,4 per cent. up to 5 per cent., and sometimes a little beyond. This stiffness is not likely to ...

Published: Thursday 05 October 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1149 | Page: Page 5, 6 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CITY OFFICE, Bo baiZticgs, 20, Bnckler-sburX, . C. )U1onday, Zlfaf-.Pasl Twltve. On the Stock Exchange this morning weakness generally is apparent, and almost all descriptions, where they have altered at all, have moved downwards. The American department is especially depressed, owing to the decline on the New York Stock Exchange on Saturday. The fall ranges from Y& to /14. Foreign stocks are ...

Published: Monday 18 December 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1313 | Page: Page 9 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CITY OPFICE, Boierse-bduin3rs, 2o, Btc.,kerssbey, E.C. U'hd/esdey, Hall-pasi Twzeal. Attention on the Stock Exchange is still chiefly given to the arrangements for to-morrow's settlement. With the exception of a few of the Foreign Bonds, the tendency of the markets is weak this morning, especially American Securities, which are sold in response to New York quotations. Home Railways.-A rise of ...

Published: Wednesday 29 March 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1169 | Page: Page 9 | Tags: Commerce 

CITY NOTES

... Yesterday's Stock Markets were very quiet, with rather a firm tendency in the morning, but there was no strength in them; and any rise in prices is illusory so long as the public abstains from buying. This it does most com- pletely just now, with the result that thejobbers are compelled to carry the increasing masses of stocks which every fresh relapse in prices brings down upon them. In the ...

Published: Thursday 29 June 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 2594 | Page: Page 5, 6 | Tags: Commerce 

CITY NOTES

... *Money was rather easier yesterday for Stock Exchiange purposes, banks lending at 4 Y4 to 5 %f to brokers in good credit, whereas at last account the rates ranged from 5 to 5 A2. Country bank money is to be had even lower than this-at 4 to 4%3. Nominally, however, these figures made no great difference in the carrying over rates charged within the Stock Exclhange, which for the most part were ...

Published: Thursday 26 October 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1135 | Page: Page 5, 6 | Tags: Commerce 

THIS DAY'S MONEY MARKET

... CITY;OFFICE., Boerse-buildisurs, 20, Buckleystury, B.C. T7iArsday, Half-past Twelve, Stocks are quiet this morning, attention being still chiefly given to the account, and the tone of most securities is undecided. American Railways are good in response to New York prices. Ilome Railways.-A rise of 34 to 34 per cent. in Caledonian, Great Western, 'Brighton A, Sheffield Ordinary, Metropolitan, ...

Published: Thursday 26 January 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1345 | Page: Page 9 | Tags: Commerce 

CITY NOTES

... There was much running about for money yesterday, and many persons obviously felt anxious about the settlement beginning to-day. Probably this, anxiety will do good, by making numbers of people provide themselves with ample means to meet consequences ; but, on the other hand, it was evident from the course of prices in Egyptian bonds yesterday, that the process of forcing weak operators for ...

Published: Tuesday 27 June 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1140 | Page: Page 5, 6 | Tags: Commerce 

CITY NOTES

... \Eacr lays Bank of England return was apparently strong, as the ItpcypOrlion of reserve to liabilities has risen to over 40 per cent., and the reserve iwsif is 12,7i5,ooo. ID reality, however, there is not much to be made jf ,-ii return one way or another so far as any justification for a reduction in the Bank rate is concerned. That the open market should be very easy is ille\itable with so ...

Published: Friday 21 July 1882
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1535 | Page: Page 5 | Tags: Commerce