COMMERCIAL.
The exports to Australasia still continue low. The monthly aggregate is | £890,000. New Zealand debentures are quoted at £100, The Spanish and Russian loans have been fully subscribed. The Bank rate is 3 per cent. The third series of wool sales commenced on June 11. The biddings were good, and prices were equal to the closing prices of the former series. The money market is brisk. Tallow is active, hides are steady, bark is brisk. Colonial produce is brisk.
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Bibliographic details
Star (Christchurch), Issue 693, 12 August 1870, Page 3
Word Count
80COMMERCIAL. Star (Christchurch), Issue 693, 12 August 1870, Page 3
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