MONETARY AND COMMERCIAL.

Temuka Leader, Issue 2522, 29 June 1893, Page 4

MONETARY AND COMMERCIAL.

London, June 20. The total quantity of wool cataloged up to date is 652,000 bales, of which 592,000 bales have been sold. Prices for inferior and faulty sorts are easier. Tallow, medium mutton, 28a; beef, 27s 6d. Colonial oats, fine quality, 29s ; common 245. A cargo of South Australian wheat has been sold at 295. Rerun, June 2G. The Reichstag has rejected the commercial treaty with Russia. Calcutta, June 26.

The Indian Legislative Council has passed a bill closing the mints for the frde coinage of silver ; fixing the value of the rupee at 16d and enacting that sovereigs and half-sovereigns are not legal tender but acceptable in payment of Government dues. It is intended to eventually introduce a gold standard in India. New York, June 26. Gold of the value of £1,000,000 has been sent to San Francisco to relieve the financial panic there. Sydney, June 26.

At a conference of representatives of the dairy trade it was decided to levy a pro rata contribution of Id in the pound on butter sold in order to form a fund to assist the export trade, Melbourne, June 26, The National Bank of Australasia has opened its doors again. June 26. The Premiei denies that the Government are negotiating for a fresh- loan. The shareholders in Goldsbrough, Mort and Oo.mpany, have been asked to pay a call of £2 per share. }p four half-yearly instalments. The assets of the company amount to £4,745,000, including advances of £3,642,000. It is confidently hoped that the company’s suspension will be of short duration. Goldsborough, Mort A Co., in a circular whinh they have issued bearing ou their suspension, ask debenture holders and depositors to gant them tipie. The firm has petitioned the Court for the protection of the assets, and has resumed business under the present name, Hobart, June 27.

The Government are offering £200,000 worth of Treasury bills, bearing interest at the rate of 4£ per cent., with a currency of two years at par.