Commercial News
[rkuters' telegrams.l London, January 21. At to-day's wool sales 11,300 bales were opened, the market being weaker. The directors of the Bank of England to-day reduced the bank rate of discount from 4 to 3 per cent. Cbbotebs tklegrams.l Adklaide, January 25. The following items of Mauritius commercial intelligence are gathered from Messrs Ireland, Fraser, and Company's monthly circular, under date Bth January, to hand per Salazie : — Harvest operations were progressing but were hindered by unfavourable weather, which prevailed. The month's engagements for New Zealand were : — Dunedin, 300 tons, and clearances : 500 tons for Christchurch ; 1,100 for Dunedin. Freights to Australia, 14s to 16s; to New Zealand, 255. Exchange 60 days: — Banks credits on Australia, £19 10s; on New Zealand, £16. The stock of sugar held in Mauritius was 46,000 tons, and the season's exports to New Zealand 4,000 tons.
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Bibliographic details
Feilding Star, Volume VII, Issue 97, 26 January 1886, Page 3
Word Count
142Commercial News Feilding Star, Volume VII, Issue 97, 26 January 1886, Page 3
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