COMMERCIAL.
The Bank rate stands- at 2| per cent. ' Consols 86| for th»v account. Victorian Kathvay 6 per cent, .' $ebentiir<js .109 -to ,110. .-'.- /..:'■■ Z- , "" : Exports for September not very beayy; The agents of the Victorian Government have notified issue of Railway Debentures at 6 pej. cent. Not exceedirig £423,600 to be tendered for on the 24th of October. Money abundant/demand moderate, fernis uncbapged, Impovtsof bullion during the month £3,054,483, Exports £2,036,571, .Tbelast Bawjt returns show a ; decliiie /of bullion ; amounting to £354,491. y/;. :' :';:';>■<••'' l; .•'■- ; - The foreign exchanges are generally favorable to England. ■'•'> -'-'■■ ••-'• > • The Bank of France monthly return shown a,large 'decrease in coined buijiotl, and an i&* crease in discounts. ■'$';'■''<
Public securities We firm, and improving in spiteof the1 critical-^tare ofltaly. Range of iCons..!s; 95£,96, 95}. \ "■' ' X-Z ' '■■''' The new Indian loan 'is in eager demand at 5£ premium. - - ' Russian loan weak at a slight discpunt* French' funds buoyant, at 69f. '506. New York money.m arket, October Ist, ex*. hibited. indications of a. hardening ten*: denoy.' ■ '■■ "'• ' : -■':■'• '■' '""-."' " ■' ~ The project of a National Bank of Turkey la revived.'"" -■•-'.■'".' •:■ v"_ .;"••'•;';---•■ The Chartered Bank of India,. Australia, and China has declared a dividend of 2j per cent. > - . ; The North Rhine Copper Company shows an available balance of i>9ooo. " The Intercoioniarß.M.S.P. Company divicte 7^ per. cent. The Kapunda Company propose td pay &» per share on the realization of the copper on hand. •, '- , , . f . • . Hushes, after three examinations, is etill oh remand. The Board of Trade returns for August are l favorable. . The Corn Market gives-indications of a rise. . . - ; :l Tea is quiet and at late $dvacos. Congou, X and »5.' <{ • 1 ' fi '■,'-- y\y, ft (Hi, J Brandies are rising. Rum is stiff at an advance. Spelter/205 to 215; Cdpper, steady at 'wool/fciD, witb ftwject„tf *j*Ur
There is muoh anxiety about adequate future supplies, There is considerable business in alpacas, at 2s. per p nini. Tallow has advanced again. Australian has fetched 58.t0 59.. Australian Hides have established an advance, of I to'| per" pouttd. Some have realised more. ' • ■-, . '. Freights generally continue low, and there are great complaints among Shippers. ■ ; ' WOOL. ■, <■'■■■■' a. \ October 17.—Since the cldse of the sales there have been but few inquiries in our market Holders are firm, and will not sell at a less profit than id. to \\ I. Saveral small contracts have been-made,at the latter advance to meet actual requirements. It was scarcely to be expected fthu much business would be done in our market in a short period. When 90,000 bales were actually sold, and although the con* sumption of the north is.very great, nearly all parties'are well supplied, the exceptions being aome small manufacturers, and a few dealers whose operations were marked witb much cau tion during the last series, and hence their stocks (are low of oettain descriptions. All parties look with confidence to the future, and at our next sales, expected to commence early in November, a rise may fairly be anticipated of one penny to three hajf-pencs for full bodied. Port Philip, and well greased Sydney wools will be very scarce. Speculators seem very much disposed to lock up their stocks till after Christmas, when, s'-ioulil the present satisfactory demand oh Uli'iie among the manufacturers aud merchaiits, JU godd^ih-.fitmay be looked for. '-'"' •'' m —''
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Colonist, Volume III, Issue 227, 23 December 1859, Page 2
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536COMMERCIAL. Colonist, Volume III, Issue 227, 23 December 1859, Page 2
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