COMMERCIAL.

Southland Times, Volume I, Issue 34, 18 August 1864, Page 5

COMMERCIAL.

7 7 -s ;'.'■ .London, June 27. '.[] The /money market, since the reduction of thpr bank rate to six per cent. has'; been' steady, with a , /tendency to stringency. , The lowest rates for bills in general in- the market, is ' '6 : ' 'jpev, cent. Short loans, on English " Government securities, four to five '..per/ cent,, Consols for money "89i ; to &9i;' 'ditto, for account, 89^ to Colonial Government Securities — Victofian.6 per cent's, April and October, 109 to 110 • New South Walesfives, 1866,j100t0 101. New Zealand: sixes, 109 to 111. Queensland sixes, January and July, 108 toilO. South' Australia do., 109 to 111. EXPOBTS. Total, exports to Australia show an increase over the previous month of £200,436. The bulk of increase is to Melbourne. The exports to Melbourne for the month- show -6513,212 against £374,366 in the preceding month; increase, £138,846 principally in fine goods, wrought leather, apparel, and tobacco. To Sydney, and Moreton Bay, the total exports only show an increase for the month, of £13,249 advance principally on iron, sheet lead, -and beer. Shipments of candles were unusually small. The exports to Adelaide show an increase of £6,889 over the previous month. To New Zealand the shipments show a decrease of £15,26-1 for the month.