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MONETARY AID COMMERCIAL.

FSpsciaii to Pbssb Association.] | LONDON, Dec. 5. The Committee of the New Oriental Bank reports a deficiency of nearly a million and a half sterling. It feara that the creditors .will only receive a further dividend of 6s in the £. The Appeal Court has decided that insurance companies must pay in full on a bank deposit insured by them, without allowing for dividends that may be paid when the affairs of the Bank are liquidated. Dec. 6. _ This season the supplies of American; and Canadian. apples for the British markets are virtually nil, and in' face of this fact the prospects of Australian shipments, both as regard demand and orice, are excellent. EO&E. Dec. 6. A bank in Florence has failed. The New Zealand Land Association, Limited, has received the following cable message, dated LONDON, Dec. 5. The wheat market is unchanged. Messrs Henry Fitter and Son’s local agent has received the following cablegram from the London office, dated Dec. 5 :—Best Canterbury mutton 4d to 4jd, best Wellington mutton 3|d to 4i, Australian sheep 3Jd, beef'(hindquarters) 3jd to 3£d, forequarters 2|d to 2|d. \ SYDNEY. Dec. 6. Til'd funded stock is still selling well, andJßver ;£ 14,000 worth was sold last mon'S. ' Wheat, chick, 3a 3d to 3a 4d; milling, nominal old 3a 6d to 3a 7d; new,3s 3d; flour, roller brand, JB9; oats, quiet, prime feeding 2a Sid ; make firm; prime, Si 7d; barley, English, 3s; bran, 7t,d: pollard, 84-d to 9d; poaa, Trussiau Blue, 4a Dd to 4slOd; potatoes, locally grown, £3 to £i sa; onions, Jill to .£l2 ; batter, dairy made 6d to 7d, factory Sd; cheese, prime 4dto4£d; bacon, 6d to 6|d; hams. Now Zealand Is OJd. MELBOURNE, Dec. 6. New wheat, fair business done at 2s 9d ; cats, Algerian Is 9d to Is lOd, stout white 2a Id to 2s 2d; make fltra, prime sorts 3s; barley. Cape 2a 2d, milling 4s 3d to 4s 4d; potatoes, Mo 10s to did. The Metropolitan Board of ‘Works will immediately place on the market .£200,000 being the balance of the half-million 5 per cent loan. The minimum baa been fixed at 99, aud tenders will close on Dec. 18. Tha Executive have fixed the bonus on exported Cheddar cheese at JB6 per ton, it realises M2 10s per cwt, Tha Government baa also granted a bonus of 2s : per case on fruit,' and baa set apart the sum of .£SOOO to develop the wine industry, ADELAIDE, Dec. 6. Wheat, 2s Dd; flour, roller brands .£7 5s toATIOa; bran, B£d; pollard, B£d.

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https://paperspast.natlib.govt.nz/newspapers/LT18931207.2.33

Bibliographic details

Lyttelton Times, Volume LXXX, Issue 10214, 7 December 1893, Page 5

Word Count
426

MONETARY AID COMMERCIAL. Lyttelton Times, Volume LXXX, Issue 10214, 7 December 1893, Page 5

MONETARY AID COMMERCIAL. Lyttelton Times, Volume LXXX, Issue 10214, 7 December 1893, Page 5

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