Commercial Intelligence

Hawke's Bay Times, Volume 6, Issue 328, 30 November 1865, Page 2

Commercial Intelligence

ENGLAND. Three per cent. Consols : for money, 82 J; for account, 89J. The discount market rate is 4 per cent., about equal to the Bank minimum; short loans on English Government securities realise 4 per cent. Colonial Government Securities.—New South Wales Government, 5 per cent., 1866, January and July, 99 to 101. Victoria, , 6 per cent April and October, 109 to 110. Queensland, 6 per cent., January and July, 102 to 103. Adelaide, 6 per cent., 1878 and upwards, 106 to 108. New Zealand, 6 per cent., 103 to 105. The report of the half-yearly meeting of the Bank of Austratasia has been published—a bonus and dividend at the rate of 14 per cent, per an. adopted.

At the half-yearly meeting of the Bank England directors a dividend was declared of 5 per cent.

The directors of the Atlantic Telegraph Company report that it will require about £500,000 of fresh capital for the manufacture and submersion of a new cable and raising the old one. From the 15th'September to the 26 twelve vessels have cleared—three for Victoria, three for Queensland, two far Synncy, three for New Zealand, 1 for Adelaide. The ship Hollands, from Rotterdam, for Melbourne, aailed on the 4th September, with a cargo of 14,000 green cases geneva, and 500 hoses candles : both articles have advanced in price. LONDON WOOL DEPORT. About 300,000 bales sold since early in May, showing the healthy state of the trade. The total quantity of last series * sales, which commenced with August, and terminated on the 23rd September, amounted to 131,977 bales. Every thing betokens a probability of higher rates at the end of the year, particularly for staple wools. Stocks of best Port Phillip have passed from first hands and second hands, —quantity available for the consumplion until March is far below the usual average at this time of the year.