COMMERCIAL.
The Bank rate of discount was lowered on 20th December to 3£ per PPnt New Zealand debentures were offered to the extent of £250,000. There were applications for £313,000, and £70,200 were allotted about the minimum, which was fixed at £95. At the half-yearly meeting of the Panama and New Zealand Company no dividend was declared. Debentures for an extra £70,000 are to be raised. LONDON AVOOL EEPORT. . The last sales closed on December 10. Manufacturers bought largely at prices quoted at August sales, excepting Cape wools, which were l|d lower. Lower prices are looked for this year. SHIPPINGS For New Zealand—City of Dunedin, Desdemona, Avinia, Coleroou, Montmorency, Canute, John Sweet, and Malay. ■ " ' " ■ '■'■-—— t
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Bibliographic details
Press, Volume XI, Issue 1337, 19 February 1867, Page 3
Word Count
115COMMERCIAL. Press, Volume XI, Issue 1337, 19 February 1867, Page 3
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