Browsing named entities in The Daily Dispatch: November 30, 1860., [Electronic resource]. You can also browse the collection for 15 AD or search for 15 AD in all documents.
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Great Britain.financial Crisis. The minimum rate of discount was raised by the Bank of England on the 15th instant to 6 per cent., although no gold was withdrawn that day, and none has been since. This movement was telegraphed to the Bank of France, and the contemplated additional withdrawal of more gold from the Bank of England by that Bank was suspended. Australian gold to the value of £570,000 arrived on the 16th, which was immediately bought for the Bank of France, and this temporarily prevented any further withdrawals from the Bank of England. There was more confidence in financial circles on Friday, and the funds slightly improved, closing firm. The discount market continued to present an anxious and unsettled appearance, and no business had been done below the Bank minimum, and in many cases 6 ½ per cent. was the lowest rate that would be taken. Three months paper was not negotiable below 7 per cent., and six months paper at 8 per cent. The amount of business do
The Daily Dispatch: November 30, 1860., [Electronic resource], Commercial Intelligence. (search)
Commercial Intelligence. London Money Market.--Consuls closed at 93 ½ @ 93 ¼ for money, and 93 ¼ @ 93 ¾ for account.--The bullion in the Bank of England had decreased £582,000. The Bank raised its rate of discount to 6 per cent. on the 15th inst. Baring Brothers quotes Bar Silver 5s 1 ½d.; Mexican Dollars 5s. 2 ¼d.; American Eagles nominal at 76s. 4 ½d. American Stocks.--Baring Brothers report a limited business at previous rates. Messrs. Bell &Co.report the market generally unch