Shipping and Commercial.
LONDON, Jttne 5. The total reserve in the Bank of England is .£14,600,000, a decrease of 061,00Q,000 during the week. The proportion of reserve to liabilities has fallen from 48 to 47 per cent. The bank rate of discount remains at 2i per cent, and the market rate at 12 Consols aie unchanged at par, ex div ; and New Zealand securities at last quotations. There are no changes to report in the wheat and tallow markets. At the wool auction to-day 9400 bales were offered. The market con- ■ tinues firm, and cross-breds are rather { higher. 28,000 bales have been withdrawn since the opening of the series. The steamship Florida; from Wel- ■ lington (April 4), with a cargo of frozen meat, arrived here yesterday. MELBOURNE, June 6. Morgan, murderer of Margaret | Nolan, who recently confessed his ,guilt, was executed to-day. ADELAIDE, June 6. Wheat is quoted at 3s lid to 4s ; i flour, town brands, ,£9 5s to .£9 10s ; ; country do, .£8 5s to .£8 10s. The markets for wheat and flour are quiet. SYDNEY, June 6. New Zealand wheat, per bushel, 45.; ■ New Zealand oats, 2s 9d ; maize, 4s I Id; Sugar Company's No. 1 pieces, per ton, <£34. j Arrived — City of Sydney, s.s., from : Auckland. i A sculling match has been arranged between Hanlan and Beach, to take ' place on the Parramatta river, for .£2OO a-side. The date, terms and general conditions are to be decided on Monday next. [Pee Press Association..] DEOWNED.
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Bibliographic details
Star (Christchurch), Issue 5022, 7 June 1884, Page 3
Word Count
249Shipping and Commercial. Star (Christchurch), Issue 5022, 7 June 1884, Page 3
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