LONDON.
August 12. The Oriental Bank nota> thafc tHe advices from its brancheß, now P om ' plete, warrant the payment of a dividend of 5 per cenfc The failure of two Canadian banks has caused a drain on New York cash reserves. The temporary financial panic in Montreal has subsided. The wool sales opened to-day. The total number oi bales available was 352,000, of whicb 17,000 were taken for Yorkshire and Continental firms. Thetewas a large attendance of Bayers and Seen competition. The prices were the same as during Dbe last serieß, except for low cross-breda, which are- a
lQ lf -pen»y lawer.
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Bibliographic details
Star (Christchurch), Issue 3539, 14 August 1879, Page 2
Word Count
103LONDON. Star (Christchurch), Issue 3539, 14 August 1879, Page 2
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