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COMMERCIAL.

The state of the accounts of the Banks of England and France is favourable, »nd, if the present condition of things continues, the rates must work lower. Joint stock banks make advances at 2\ per cent. The average terms for selected paper aie 2% to 2§; New South Wales- Five per Cents, {.85? ; New Zealand Five per Cents, 84| ; Queensland Six per Cents, 91J ; Victorian Government, 1084Coffee is exceedingly quiet ; no sales of any description are being made — the market, however, is firm. Freights are quiet, but steady. Provisions are in moderate request. Sugars are quiet. The gold market has been tumbling for several days past, and the precious metal is now quoted at 133f. Londoit, March 10.— Consols closed at 90| for money ; and United States five-twenties at 74£. Liverpool, March 10. — Cotton is dull and heavy. Middling uplands are quoted at 13d, and middling Orleans'at 13£ d. Breadstuff's are easier. Provisions are firm.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18670429.2.24

Bibliographic details

Daily Southern Cross, Volume XXIII, Issue 3044, 29 April 1867, Page 6

Word Count
156

COMMERCIAL. Daily Southern Cross, Volume XXIII, Issue 3044, 29 April 1867, Page 6

COMMERCIAL. Daily Southern Cross, Volume XXIII, Issue 3044, 29 April 1867, Page 6

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