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COMMERCIAL NEWS.

Money is a shade firmer. Discount is 1§ to I£. Trade is brisker. Australian securities are remarkably firm ; in some instances an advance has been obtained. The Australian United Gold Mining Company will float successfully. I Colonial wool has been sold privately at higher prices, and an advance is expected at the public sales. Treasury Commissioners have given a certificate to bring the Bank of South Australia into immediate operation. The creditors of Overend, Gurney and Co. have been offered payment of the balance of their claims by three and. six months' instalments. The majority have assented to the proposal. W. H. Smith, Barry and Co, East Lidia.

Tea and Colonial Merchants, have sus« pended payment. The English and Australian Copper Company have declared a dividend of one. shilling. .The Australian Agricultural Company have issued a report to the effect that the. cash in the bank amounts to L 4384 ; a, dividend of 7s 6d is recommended.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680423.2.14

Bibliographic details

Grey River Argus, Volume V, Issue 355, 23 April 1868, Page 2

Word Count
159

COMMERCIAL NEWS. Grey River Argus, Volume V, Issue 355, 23 April 1868, Page 2

COMMERCIAL NEWS. Grey River Argus, Volume V, Issue 355, 23 April 1868, Page 2

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