MONEY MARKET.
Australian and New Zealand debentures are in brisk demand. Consols, 9_'f. Many telegraph shares are slowly recovering. Subscriptions for the loan of one million for the Viceroy of Egypt, and the Japan Customs loan of one million, are eagerly taken. A Spanish loan is pending. ■>. Dividends.-r-Scottish: Australian Mining, .6; Otago, Southland, Investment, j 1*0; Australian Trust arid Agency, 20. Commercial failures have been numerous. '■ The trade returns show • that trade is ,• expanding. Bills are freely taken at 2| per cent. The closing prices of colonial securities are as follow :-— Victorian sixes, JanuaryJuly, 115£; do, April-October, 112£ ; New South Wales fives, 1871 83, JanuaryJuly, 102 ; do, 1888-1995, January-July, f 104; New Zealand fives, 1891, 99; do, I sixes, 1891, March-September, 111 ; Queensland sixes, January- July, 111 ; do, 1891, 110£; South Australian Government securities, short date, 112 ; Hobson's Bay Bailway, 57 ; do bonds, 1880, 104.
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Southland Times, Issue 1279, 15 July 1870, Page 3
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145MONEY MARKET. Southland Times, Issue 1279, 15 July 1870, Page 3
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