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MONETARY AND COMMERCIAL.

• [Special to Pbess Asbociation.l LONEON, Juke 2. Forty bankers met the Directors of the Bank of England to discuss the fixing of the discount rates, and to take steps to prevent a drain of gold from London in the summer. BDBNOS AYKKS, Juhb 2. A general run on the Argentine banks has taken place, and the streets are crowded with excited people. LONUON, JuHE 3. The grain crops in Eastern Europe are in a bad condition owing to ■ drought. In Greece, however, they are looking very well, and a splendid yield is anticipated. The New Zealand Loan and Mercantile Agency Company, Limited, : has received the following cable i message, dated , LONDON, Jome 2. Wheat. — Market inactive. New ! Zealand wheat, f.a.q., to arrive, iron \ ship, is worth, c.i.f., 41s 9d per 4801 b, ' April-May bill of lading. Quotations , nominal. New Zealand wheat has , declined 6d per 4961 b since last ( report.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18910604.2.43

Bibliographic details

Star (Christchurch), Issue 7181, 4 June 1891, Page 4

Word Count
153

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 7181, 4 June 1891, Page 4

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 7181, 4 June 1891, Page 4

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