COMMERCIAL.

South Canterbury Times, Issue 7071, 17 February 1893, Page 3

COMMERCIAL.

(Pun Electric Tbleqrape—Copypisht, (Per Press Assooiactoh.) Received 10.40 a.m., Feb. 17th.) London, Feb. 16, The city financiers approve of the proposed Victorian loan of £1,000,000, but fear that the Government will be unable to place it locally. (Received noon, Feb. 17th.) The American visible supply of wheat is 116,000,000 bushels. Jit the wool sales there is a strong demand for lambs’ wool and beat combings. There have been further withdrawals of Colonial bought wools. Capetown pears are being retailed in Loudon at 3s 6d each. Melbourne, Feb. 15. The Chamber of Commerce carried a resolution in favour of a commercial union of the Colonies. Mr Service suggested the desirability of consulting the Trades Hall, which had an immense power in votes to bring about a commercial union, Hobart, Feb. 17. There is a decided improvement in commercial affairs, and the harvest presents every prospect of giving a very fair yield. (By Thlhskape.) DUNEDIN, Fbb. 17. The wool sales arc largely attended. The qualities offering considered, the prices were quite up to those ruling at any time since the opening. Local manufacturers operated largely. For medium half and crossbred greasy 8d to 91, heavy and coarse 6d to greasy merino medium to 7sd, earthy and heavy in grease 6d to 6d, greasy crossbred pieces 3sd to i, do merino pieces 3d to d, scoured halfbrod lOfd to Is l£d, do crossbred lOd to Is Ud, do merino lojd to la IJd, do first pieces merino lOd to lOjd, slipe half bred and crossbred 9d.