MONETARY AND COMMERCIAL.
♦ [Special to Pbes3 Association.] ROME, Jan. 24. The note circulation of the Bank of Italy and Sicily has been increased by five millions sterling to allay the panic. LONDON, Jan. 24. Silver, 2s 6§d. Wool is unchanged, though the sales are rather more brisk. The third series has been fixed for May 1, and the quantity will be limited to 400,000 bales. . - A shipment of eggs from Melbourne realised 7a 9d per " long " hundred. Enquiries made by Mr Eeid, the Victorian Commissioner encourage the hope that his mission will increase the commerce of the colony and result in a successful issue. It is unlikely that he will be in Canada, at the same time as Sir T. M'llraith of Queensland. SYDNEY, Jan. 25. It ia estimated that the local banks in the colony pay .£300,000 in dividends on a basis of the half-year's operations, and that £1,200,000 will be distributed to depositors in interest.
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Bibliographic details
Star (Christchurch), Issue 4858, 25 January 1894, Page 3
Word Count
157MONETARY AND COMMERCIAL. Star (Christchurch), Issue 4858, 25 January 1894, Page 3
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