Commercial News
HAY £o PER TON. BANK RATES OF INTEREST INCREASED. fTEB TRESS ASSOCIATION V London, Aucust. 20 Tallow — Medium mutton, 26s ; beef, 265. New Zealand rabbit skins— Fair to good average, Is 6d ; medium to fair, 10.J d. For a shipment of hay from Geelong, valued at £"8 19s per ton, the brokers are asking over £5 per ton. Experts consider that this article will prove fairly valuable feed, provided it is mixed with more oats and clover. A cargo of South Australian wheat sold at 27s 9d. August 21. Owing to the prospect of more gold being despatched to America, it is expected than the bank rate of discount will be raised to 5 per cent. Mklbouhne, August 21. The Banks of New South Wales, Australasia,[and New Zealand, and the Union Bank are raising the intorest on fixed deposits one half per cent, making the rate for 12 months 5 per cent.
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Bibliographic details
Feilding Star, Volume XV, Issue 45, 22 August 1893, Page 2
Word Count
154Commercial News Feilding Star, Volume XV, Issue 45, 22 August 1893, Page 2
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