COMMERCIAL.

Southland Times, Issue 660, 22 April 1867, Page 3

COMMERCIAL.

The demand for mcmey at the Bank is moderate, at 2f to ■%% per cent. It; is expected that the rate will be higher at the end of the month. Money is abundant. The Stock Exchange rate is 20s. Consols, 2 per cents. 91 to 91i for money ; for account, ditto. Exchequer bills l7s: premium. Colonial Government Securities—New South Wale 3 Eives, 1876, £91 to - £93 ; Victorian Sixes, April-October, £105, £106; Queens, land Sixes, . Jan.-July v . £91 . 10s to £92 10s ; New Zealand Sixes, £101 to £102 0s; South Australian Sjxes, 1878 and upwards, £106 to £108. A tender for £300,000 . for Canterbuiy, at six per cent., has been opened. The minimum. fixed was £92; £47,000 were applied, and "only" £3,900 were at or above the minimum. Wellington, and New Zealand. Eight per Cent. Debentures, for £50,000, were taken up at and above the minimum, £106. The English, Scottish, and Australian Chartered Bank's half-yearly dividend rate was seven per cent, per annum; the New Zealand Loan Company's rate was twelve per cent, per annum. It is Burmised that Australian loans will soon be looked on unfavprably by English capitalists. Overend and Gurney's estate, after investigation, showa the losses of the creditors and shareholders to be nearly five millions sterling.