SHIPPING.
London
Arrived Excelsior, from Auckland; William Davie, from Dunedin. Seven vessels are loading for New Zealand.
COMMERCIAL
There is great activity in the wool market, owing to the lowness of stocks. Private demands for home consumption are unabated. A further advance of prices is expected. Liverpool sales opened at an advance of 2d per pound. The London wool sales opened on the Bth February : 113,000 bales catalogued. A crowded attendance, and bidding spirited. A rise of 2d was established. Tallow firm. Good business doing in mutton : 45s to 48 6d. Beef, 45s to 4Gs. Hides in moderate demand. New Zoaland Hemp is in good demand. Stocks are almost exhausted ; prices have advanced 30s per ton. The exports for the month were £1,060,500, showing a decline of £103,200. The exports to New Zealand show an increase of £53,300. Money is plentiful. Bank notes 3 per cent. Dividend declared on Union Bank shares at 13 per cent. New Zealand Trust, 10 per cent. ; New Zealand Loan, 12*- per cent. Business has been done in Australian securities. New Zealand Consolidated, fives, 103 ; sixes, 1890, 112*- to 113.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TGMR18720325.2.16
Bibliographic details
Thames Guardian and Mining Record, Volume I, Issue 143, 25 March 1872, Page 3
Word Count
185SHIPPING. Thames Guardian and Mining Record, Volume I, Issue 143, 25 March 1872, Page 3
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