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Pall Mall Gazette

THE MONEY MARKET

... Or e o'coek. BANK RATE 3 PER CENT.-HOME RAILWAYS AND FOREIGN STOCKS STEADY.-AMERICANS BETrER. The Bank of England directors of course made no alteration in their official minimum this morning, which therefore remains at 3 per cent. The discount mnarketremains quiet,anidthe cuotation is still 2 1. percent.fortthree months bank paper, with only a small amount of paper o 3erinog. Short loans are ...

Published: Thursday 15 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1872 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... Onw o'cdcik. Bills are scarce in the discount market to.day, the rise in the French exchange and the small withdrawal of gold for France yesterday having induced holders to hold back for lower rates. It is very doubtful, however, whether the exchange will maintain its present le,'el. Three months' bills are quoted at 2,;4 per cent. For money there is a very-fair inquiry, the Treasury bills ...

Published: Friday 02 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1793 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... One o'clock. HOME RAILWAYS FIRM.-FOREIGN STOCKS STEADY. AMERICANS AGAIN HIGHER. There is no important change to report in the condition of the Money Market, the quotations current being much the sane as thosr rulin, yester- day. The release of money by the Bank o' England yesterday has bren of considerable assistance to the market, and will be of still further use at the end of the week when ...

Published: Tuesday 13 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1809 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... THE BALANCE OF UNCONVERTED THREE PER CENTS.-THE: NEW MAIL ROUTE TO THE EAST.. The Stock Exclhange is closel to-clay, as it will also be on Monday, being Bank Holiday. Operators have gone off in a happy mood, prices bemn steady and good, On the 20th July Mr. Goschen had reduced the balance of unconverted Consols to 12,335,752. The holders of this balance have been credited with cash, which they ...

Published: Saturday 03 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1593 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... O':a o1'CLk. BANK RA.TE THREE PER CENT,-STOCK MARKETS LIFELESS.- HARDLY A FEATURE, Thedirectors of the Bank of England, at their meeting this morning decided to make no alteration in the official minimum, which therefore rensains at 3 per cent. Money in the open market is still far from plentiful, but rates are not onerous, borrowers generally being able to get their requirements satisfied at ...

Published: Thursday 22 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1880 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... Onet o'elx. MARKETS ALL QUIET.-CHANGES SLIGHT.--NO FEATURE Quotations in the Money Market are somewhat more secled. There is considerably less demand for accommodation in the shape of short loans, and advances for a few days are obtainable at 2!4 to 3 per cent, The discount rate for the negotiation of three months bankers' acceptances is again quoted 3;i per cent., with little disposition to ...

Published: Friday 30 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1812 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... Onue o'C!oSA STOCK MARKETS QUIET, WITH ONLY FRACTIONAL CHANGES IN PRICES--A GOOD TRUNK TRAFFIC. No change has been made in the Bank rate, which, consequently, remain at 2fr per cent. In the open market quotations are quite norninal, but before th above announcement was made three months' bills were quoted at 2 )+ per cent subject. Money is in better demand, the activity in the discount ...

Published: Thursday 01 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1760 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... onde Oa cl4. MARKETS QUIET AND STEADY.-AMERICANS FIRM, CARRYING-OVER RATES. The Morey Market continues to be exercised by rumours of gold shipments to South America as well as by the short suppiy of money, and rates are very firm. Three months' bank bills are only negotiable at three per cent., subject to any alteration in the official minimum on Thursday, while many prefer to work at 3/q to ...

Published: Tuesday 27 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1867 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... OGie o'cltk HOME RAILWAYS FIRM. - FOREIGN STOCKS BETTER. - AMERICANS BUOYANT.-THE HAL F-YEAR'S TRAMWAY DIVIDENDS. The Money Market remains in a sensitive condition, and there is no dispo- sition to allow rates to fail away. The new issue of Treasary bills, as it is not a rlernessal operration, means a transference of floating capital from the open market to the Bank of England, and as the ...

Published: Tuesday 06 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1852 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... THE MONEY MARKET, One o'clck. HOME RAILS DULL.-FOREIGN STOCKS FIRNM.-AMERICANS WEAX.-MARKETS GENERALLY SLUGGISH. The quotations ruling in the Money Market are much the same as those current yesterday. Short money is wanted in connection with the paymnent o: various Euglis i Railway dividends and is worth about 2 per cent., while the rate for three months' bank paper is again called 2,/ per ...

Published: Tuesday 20 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1804 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... OsZe. o'dstzck STOCK MARKETS INACTIVE.-VARIATIONS SLIGHT. Quotations in the open narl:et remain frrm, there being a fair demand for money at 2 to 2X4 per cent.. whiie there ate a few three months bills olrering for discount, and the chanr e is sti I 2J4[ per cent. The dull season on the Stock Exchange is now in full swing. Man; operators are leaving for their summer holiday, and markets have ...

Published: Saturday 10 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1912 | Page: Page 5 | Tags: Commerce 

THE MONEY MARKET

... 1o4n svo-doe:. HOME RAILS REAK ;-FOREIGN STOCKS QUIET.-AMERICANS IRREGULAR.-SMTALL BUSINESS. There is again a fair demand for money in the open market, but there is apparent!v a somewhat lar=er supply, and borrowers can generally get what they require fora day or two at s 0 per cent. The discount rate for three months' bank paper, however, is maintaii el at 2a per cent., though transactions ...

Published: Wednesday 07 August 1889
Newspaper: Pall Mall Gazette
County: London, England
Type: Article | Words: 1897 | Page: Page 5 | Tags: Commerce