MONETARY AND COMMERCIAL.
fSPECIAIi TO PSIBS ASSOCIATION.] /»■ LONDON, Maboh 1, iAt a meeting of the Australian Agricultural and Opal Company, the Chairman stated that the financial position in New South "Wales killed enterprise. The local Banks and Financial Societies held .£43,000,000 of deposits. The Bank of Australasia's shares have fallen £2 in a few days. The Financial Ttmee asks why the dividend IB delayed. The total quantity of wheat and flour afloat for the United Kingdon is 3,284,000 quarters, and for the Continent 712,000 quarters. i Bank of New Zealand shares, new issue, are quoted at £8. * .<■ The money market is declaring, owing to a plentiful supply. In, the open market three months' bills are discounted at If per cent. ! Duuedin lamb, ex Elderalie, is selling at 6|d per lb, and Melbourne lamb by the same vessel at 4d. The wool market is firm. BERLIN, March 1. .Chancellor von Caprivi has declined to think about resuming the Monetary Conference, unless England is in favour of a similar course. SYDNEY, March 2. At the wool sales prices were firm. Inferior and faulty sorts predominated. Greasy wools brought 7sd to B|d, scoured from la 4d to Is 6d. :
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Bibliographic details
Star (Christchurch), Issue 4582, 2 March 1893, Page 3
Word Count
196MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4582, 2 March 1893, Page 3
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