COMMERCIAL.

Evening Star, Issue 11455, 24 January 1901, Page 4

COMMERCIAL.

The London tTillow sales have been postponed until to-day (Thursday). Mr Percy Herman, formerly of the Rutland Hotel, Wanganui, has acquired the lerse of Warner’s Hotel, Christchurch, and will take possession on the Ist prox. The Auckland Ravings Bank has now 56,040 depositors with £705.014 to their credit. The Bank was first opened on June 5. 1847. and it was not till the ISth that the first depositor, Mr Matthew Fleming, placed £lO to his credit. Dr ,T. L. Campbell is the only survivor uf those who founded the institution. The vicepresident of the Savings Bank, Mr J. M. Shara, thinks that a portion of the accumulated funds of the institution, which now exceed £55,000, should be devoted towards the endowment of a technical college. At the London wool sales faultless showed a 5 per cent, decline. Good wools are very firm. Cross-brcds have an upward tendency. The Acland clip realised 6*d. The .Napier wool sales yesterday were most unsatisfactory to sellers. Even in bright, light-conditioned clips prices were hardly maintained, and in coarse wools there was a drop of from Ad to ]d in the prices ruling at recent Southern sales. r fhc total quantity of wheat and flour afloat for the United Kingdom is 2,745.000 quarters, and for the Continent 730,000 quarters.