COMMERCIAL.

Nelson Evening Mail, Volume V, Issue 305, 27 December 1870, Page 3

COMMERCIAL.

The export to New Zealand decreased £30,000, but £80,000 increase to Australia. Money firm, tendency increase. Money is seeking employment. Bank minimum, 21 J. Mercantile failures numerous. Arrivals of tallow throughout the month have been steady ; large and regularly purchased. . Hides, declined. Leather iu good request at extreme rates. Bark advanced. New Zealand flax in good demand' for medium and finer qualities, no demand for inferior. Galle, November 30. • Private telegrams indicate very high insurance rates on American ships to England. Complications between Prussia and America are threatening to arise sooner or later. Bombay, November 24. The siege of Paris is ruining the Cashmere shawl makers. Business is greatly effected: by Russian news. Great losses in cotton are anticipated, ] The Persian Government are openipg up the Euphrates. A : narrow railway gauge is to bje adopted foi; India. , *_/ , ...... r . : ., „ „ ..-, . rIJ '. .Money plentifuL? , A . n -.;-( •■'-■-, ;•'■'• i • >;> I The demand for co£.ls ; bas fallen oB;.\. ..■•; Thp China Government has proposed terms to " settle' the Chines^ 'difficulty. Sixteen .persons have "been e^cu^ed^ and heavy fines paid hy higli officials.' JThe French and British?. Ministers accepted the terms. There is a feeling bf insecurity at Canton. A V Singapore, November 22. . The cable to Batavia is laid and in working order. Cables to Penang, Shanghai, and Hong Kong are being laid.