COMMERCIAL.
[fek press association. (Received iuguat 10, 11.10 a.m.) London, August». v The New Zealand Trust and Loan Company's shares ex div are quoted at £3 10a. The total quantity of wheat and fl .ur adoat for the United Kingdom is 3.028,000 quarters, and for the Continent 1,351,000 ; quarters. A Victorian cargo of wheat has been aold at 30*. A cargo ex barque Kobert Schraf ton, from Lyitelton, sold at 275. Melbourne, August 9. The finance committee of th*. Metropolitan Board of Works recommend the withdrawal of the balance of the 4* per cent, loan, and the re-issue of a 5 per cent, loan for 10 years with a minimum of 98. Tenders will close on September 7, The Government propose to reduce the rate of interest on deposits in the Saving! Bank to 3£ per cent. The committee appointed by the English creditors in. Goldabrough, Mort ana Co's estates have unanimously agreed to the modified scheme of re-construotioa, with a British representative on the colonial directorate.
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Bibliographic details
Ashburton Guardian, Volume XIV, Issue 3048, 10 August 1893, Page 2
Word Count
167COMMERCIAL. Ashburton Guardian, Volume XIV, Issue 3048, 10 August 1893, Page 2
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