COMMERCIAL.

Ashburton Guardian, Volume XIV, Issue 2912, 2 March 1893, Page 3

COMMERCIAL.

BBK PKESS ASSOCIATION.

LoviMis, February 28. The share capital of the Land Jompany of Australasia held in Great Britain ampuube to £262,000, and debentures to £195,000. At a meetiug of the creditors of the English and Australian Mortgage Bank the 'Receiver said that he expected the assets to realise 9i 8d in the £. The question of a criminal prosecution whs not discussed, ponding the trial of the Mercantile Bink directors. It was doubted whether civil process would he successful. Mr C. Stewart was re-elected Official Receiver. At a meeting of the shareholders of the New Zesland Mortgage and Investment Company the chairman said that it had been ascertained fchafc there would be no need to wind up. Land was improving. (Received March 2, 15 p.m.) London, March 1. The total quantity of wheat and flour afloat for the United Kingdom is 3,284,000 quarters, and for the Continent 712,000 quartersBank of New Zealand shares, new issue, are quoted at £8/ The money market is declining owing to a plentiful supply in the open market, Dunedin lambs, ex Elderslie, »re selling at 6|d per lb, and "Melbourne lamb by the same vessel at 4d, The wool market is fii in. Sydney, March 2. At the wool Hales prices were firm. Inferior faulty sorts predominated. Greasy wools brough 17fd to Bf3 ; scourer! from Is 4il to Is! 6d.