FINANCE AND COMMERCE
HOME MARKETS. (Per Press Association—Copyright.) LONDON, Dec. 20. Wheat cargoes are firm; sellers are asking 3d to 6d advance, but the demand is inactive. Parcels are in moderate request at a similar advance, but closed with the market quiet; Australian loading at 55/-. Liverpool futures — December 11/34, March 10/64, May 10/3J. GENERAL ITEMS. LONDON, Dec. 1. The City of Launceston is issuing £lOO,OOO debentures at 5 per cent, at 97J. WASHINGTON, Dec. 20. The Department of Agriculture today announced a revised estimate of the 1926 W’heat crop of 832,305,000 bales. NEW YORK, December 20. At Des Moines (Iowa), the Loan Trust Coy. Bank, with 500 000 dollars capital. 500.000 dpllarr surplus ai.’tl 7.000,000 deposits, failed, due to the frozen real estate loans accumulated <)ver several years. The Bank is liable for over*s 000000 doHars endorsed mortgages, in addition to deposits.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WDA19261222.2.24
Bibliographic details
Waimate Daily Advertiser, Volume XXIV, 22 December 1926, Page 8
Word Count
143FINANCE AND COMMERCE Waimate Daily Advertiser, Volume XXIV, 22 December 1926, Page 8
Using This Item
The Waimate Historical Society is the copyright owner for the Waimate Daily Advertiser. Please see the Copyright guide for information on how you may use this title.
Log in