VICTORIA.
The ' Independent 'has commercial advices, from Melbourne to the 14th instant. From its. quotations we take the following:-— " There has been for several weeks an increasing lack of confidence between buyers and; sellers. Hence, transactions in the regular way of business have been very limited. Retailers have supplied themselves largely through theauctionmarts, which have been thronged with goods, in many places forced into sale by pressure for cash, and also with excessive parcels of damaged goods, particularly candles, butter, and liquors. These sales have very largely interfered with the trade of the importer, and have operated with other things to depreciate prices, until the present universal, though we hope but temporary depression has been the result."
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Lyttelton Times, Volume VIII, Issue 532, 9 December 1857, Page 4
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117VICTORIA. Lyttelton Times, Volume VIII, Issue 532, 9 December 1857, Page 4
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