COMMERCIAL.
The exports for the month aggregate .£1,600,200, . showing a decline of £103,200. The New Zealand exports show an increase of £54,300. There is great activity in the wool market, and*the demand for private consumption continues unabated. Stocks are' low, and a further advance in price is expected. The Liverpool sales opened with an advance of 2d. Money is plentiful. The Bank rate of discount is 3 per cent. Dividends declared : — Union Bank, 13 per cent.; New Zealand Trust and Loan Co., 10 per cent.; New Zealand Loan and Mercantile Agency Co., 12| per cent. Business in Australian securities has been brisk. Tallow is -firm, and a good business is doing. Hid.es are in moderate demand. New Zealand hemp is in good demand ; stocks are almost exhausted, and prices have advanced 30s per ton.
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Tuapeka Times, Volume III, Issue 217, 28 March 1872, Page 6
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134COMMERCIAL. Tuapeka Times, Volume III, Issue 217, 28 March 1872, Page 6
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