COMMERCIAL.
Rate of discount reduced to 5 per eeut. Commercial prospects satisfactory. New Zealand 6 per cents. 103 to 105; Union Bank dividend, £2 per share. Thomsoa and Co., Australian timber merchants, failed for £60,000. Last year's wool rates not expected to be maintained, but a ready market. Shipments to New Zealand for month declined by £112,000.
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Bibliographic details
Otago Daily Times, Issue 1016, 22 March 1865, Page 5
Word Count
57COMMERCIAL. Otago Daily Times, Issue 1016, 22 March 1865, Page 5
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