Owing to the withdrawal of one million sterling in Imperials
for transmission to Russia in payment for the Alaska territory, the Money Market has been comparatively firm during the week, and the Directors of the Bank of England raised their official minimum to 2} per cent. In the open market the rate for good
short-dated paper is now 21 per cent. Consols have been flat during the week, and the quotation closed yesterday at 94 to 1 ; Reduced and New Three per Cents., 921 to 92k ; Exchequer Bills, 15s. to 20s. prem. The speech of Lord Stanley at Lynn prejudicially affected Turkish Stocks, and the quotations have been on the decline. Most other foreign stocks have given way on realizations. Erie shares have been subject to violent fluctua- tions, in consequence of the excited state of the New York market. On the whole, the Railway Share Market has ruled firm, and most of the leading lines have supported the recent advance. The stock of bullion in the Bank of England is now 218,856,659 ; in the Bank of France, £46,500,000.
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