COMMERCIAL.
London, June 1. Money is plentiful with a slack discount demand ; consols 97^.
The market for Colonial debentures is brisk, but New Zealaud sureties are weakened by the new loan.
Wool sales continue firm, and prices have recovered from their temporary relapse. Wheat is drooping.
Bank rate, 2£; market rate, lf per cent.
Adelaide wheat, 55s ; flour, 395.
New Zealand sureties unchanged. The Bank of England has opened subscriptions for the New Zealand Five Per Cent Loan for three (two)?) and a half million.'!
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Bibliographic details
Grey River Argus, Volume 21, Issue 3058, 4 June 1878, Page 2
Word Count
85COMMERCIAL. Grey River Argus, Volume 21, Issue 3058, 4 June 1878, Page 2
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