COMMERCIAL.

Samoa Times and South Sea Gazette, Volume 3, Issue 142, 26 June 1880, Page 2

COMMERCIAL.

Samoa Times Office. Friday Evening. Since our last report nothing of special interest has transpired in commercial circles. The natives are atill bringing forward small quantities of copra, and we learn from Savaii that in several districts of that island tbo people are busy preparing their quota of tho staplo product of tho Group. Shipping matters urn remarkably dull fur this season of tho year, tho Ln Kochelle being the only representative of tho mercantile fleet iu our bnrbour. The following, showing tho value of currency iu two of tho South American Republics may bo of iutoreot to our readers: "The war uow raging botweon Chili nud Peru has caused a depreciation in their paper currency somewhat similar to tho wull-remomborod greenback currency of tho Uuitod States during tho lato civil war. Chili and Peru the silver dollar is worth for exuhango about 42d. At tho end of last September tho paper dollar in. Chili had fallen to 2-1J d ; but, in ennsoqiteaco of hor subsequent victories it has advanced iu value, and by lato advices it was worth 30Jd, with every prospect of a flutter advanc*. In Peru, owing to tho reverse* sustained, the paper dollar i< only worth IOJd, with the probability of being still lower."—N. Z. Herald, 32nd May.

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