MONETARY AND COMMERCIAL. Daily Southern Cross Office, Friday evening.
The Customs receipts to-day amounted to £626 6s lid. Business daring the past week has been of a restricted character, and purchases only made to meet present demands. This may be said to have been occasioned in some measure by the unwillingness of dealers to engage in transactions except upon cash payments. Another and serious predisposing cause o! hesitanoy, in entering upon speculative ventures, is the failure of the Bank of Auckland, which will result, it is feared, in considerable embarrassment to some of the shareholders. By the non-arrival likewise of the overdue Panama mail •mbh. English advices, mistakenly reserved for transmission by that route, the usual vexatious interruption to mercantile affairs has been experienced, and which, from the great want of punctuality in the CSSn^G&n^ 16 mails> tear eTery mdic * tion oi long For kauri gum there is little request, and prices rule low. Mr, L. W. Eaton sold the Thames Saw Mill to-day, situated on the Wailcamu Creek, Frith of the Thames, with all appertaining thereto, for £300. Mr. Wrigley was the buyer, and the property j was sold subject to certain liabilities.
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Bibliographic details
Daily Southern Cross, Volume XXIII, Issue 3025, 6 April 1867, Page 4
Word Count
194MONETARY AND COMMERCIAL. Daily Southern Cross Office, Friday evening. Daily Southern Cross, Volume XXIII, Issue 3025, 6 April 1867, Page 4
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