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MONETARY AND COMMERCIAL.

♦- . - [Special to I'bess association.! LONDON, July 26. The total quantity of wheat and flour afloat for the United Kingdom is 3,216,000 quarters, and for the Continent 1,588,000 quarters. Bank of New Zealand shares, £5 10s ; National Bank of New Zealand, £1. The rate of discount is advancing, and the price for three months' bills is now If per cent. The market is overstocked with New Zealand lamb, and prices generally have declined from jd to f d per lb. It is believed that the fall is owing to heavy reclamations due on last season's shipments. Prices for Colonial butter are considerably below last year's. The General Credit Company of London haß suspended payment.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18930727.2.29

Bibliographic details

Star (Christchurch), Issue 4707, 27 July 1893, Page 3

Word Count
116

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4707, 27 July 1893, Page 3

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4707, 27 July 1893, Page 3