ENGLISH NEWS.
UNION BANK DIVIDEND. PROPOSED BANQUET TO THE CABINET. London, July 21. Consuls, 101]. Bank rate of discount, ; market rate, Ig per cent. New Zealand securities are unchanged. The total reserve in notesand bullion i5£15,100,000. Australian and New Zealand breadstuffs and Australian tallow are without quotable change. A fair demand exists for most descriptions of Australian hides. The Union Bank of Australia has declared a dividend at the rate of 7 per cent, for the past half year. A strong movement is being made to organise a public banquet to the members of the Cabinet, as an expression of gratitude of the Liberals at the policy of the Government.
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Bibliographic details
New Zealand Times, Volume XXXVII, Issue 6329, 25 July 1881, Page 2
Word Count
110ENGLISH NEWS. New Zealand Times, Volume XXXVII, Issue 6329, 25 July 1881, Page 2
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