COMMERCIAL.
London. Soptembfr 25. Money market remains in same position as last month. First-class foreign bank paper loan at 1 per cent., aud even lower. Mercantile bills If. li per cent. A complete deadlock has occurred owing to advance of money, and want of means of employment. A violent reaction is expected hourly. Bank stock is depressed, owing to reduced dividends. The decline in British Funds is owing to the interpretation put on Count Bismarck's'circular by French opposition journals. Wool Eepohts—Third series of colonial wool sales terminated on ti.e ">.lst September. The total bales catalogued -were 143.000. The attendance of home buyers was good, and the prices realised were equal to the average rates of the May aud June series. Sydney and Port Phillip Wools were in large supply- Choice flocks were scarce, and commanded extreme rates. Inferior first lower than at the last sales. - Late rates for scoured were fully maintained., Adelaide wool waß not in demand, New Zealand. found ready
purchasers at a reduction of one penny per pound. The manufacturers of woollen goods are fully employed, but only buy for immediate wants. Shipping — Departures for New Zealand. — Chili, Wild Duck, Bessie Greenfell.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM18671121.2.6
Bibliographic details
Nelson Evening Mail, Volume II, Issue 276, 21 November 1867, Page 2
Word Count
195COMMERCIAL. Nelson Evening Mail, Volume II, Issue 276, 21 November 1867, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in