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MONETARY AND COMMERCIAL.

Dwlx Sootiitrn Cimw Ofiice, Fiiilay, May 21. Tin 1 excitement winch lias attended the operations in the flom maiLct has in some degieo subsided. This is owing to two causes ; fiislly, the news leeched by way of Sydney, of the jnoinisiug slate of the Gilifjim.iu crops; and secondly, the auiv.il of ficsh supplies fi om Adelaide and Tasmania. The piincipal \endoi of flour in the city quotes fine flour at £30 pei ton, and seconds at ££G Other quotations which we have recehed are, for Adelaide flour £29 10s to £30 , and for Launceston £2S to £2S 103., and sales (of Launceston) have been made timing the week at tluvt. Bian may be quoted at It. lO^d., and mai/.e at Gs, 3d per bushel. The di&chaige of English \ csssela has placed plenty of goods upon the lninUot, and with few exceptions the demand foi all Kindb is abundantly supplied. Wines and '•pints aie o\eistocked, except mm, which 30 ovcipioof fetches 4^ Cd ]iei gallon. In tobacco, Bauetfc's Twist is sold foi 5-. 9d ; cigais aie in demand, and OimondS S«iss lia\e been sold for SOs pei I,COO Tbeie aie heavy stocks of sugars on hand, and Patna 1 ice is sold foi £22. A piospectus has been issued of a "Bank of Auckland," with a capital of £100,000 in 30,000 shaie-, of £10 each, with powei to inciease, the Fio\i-ional Dnectoi3 being James O'2n t (-ill, E'q , M.L A., and David Xatbaii, Etq , both di-ectots of tho Bank of New Z'Mhml , and lulnaitl Imiijt, and O'Eooke, Esqs , tho funnel a niembu of the PlO vinciai Council, and (he laltei of tho Gunoiai Assembl}'. The Bank i~, to be a pio\incial institution, and one half of tho sin, ics ha\o been already taken up, tho leiaamdei l.cmcr open for acceijlanco by the public until the lith June nc\c

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18640528.2.6

Bibliographic details

Daily Southern Cross, Volume XX, Issue 2139, 28 May 1864, Page 4

Word Count
310

MONETARY AND COMMERCIAL. Daily Southern Cross, Volume XX, Issue 2139, 28 May 1864, Page 4

MONETARY AND COMMERCIAL. Daily Southern Cross, Volume XX, Issue 2139, 28 May 1864, Page 4