COMMERCIAL
(Per Electric Telegraph—Copyright.)
(Special to Press Association.)
Received 11 a.m., July 20th.) London, July 19,
At a meeting of the City Bank of London, Mr Samuel Joshua, one of the directors, said that the recovery of power in Australia would soon dissipate the finance troubles, and the outcome would be to the advantage of the country. The fact that the Australian colonies shipped one-fifth of the entire British trade Inspired confidence that they would be able to meet all their obligations. Butter experts warn English producers that they may expect keener competition from the Danes both as regards the quality and price of the article.
In an article in the Wine Trade Eeview, the writer gives a glowing account of the state of the wine industry in Australia, and recommends merchants to push the trade, as affording a new opening for their sons. The article is attributed to Mr Bnrgoyne, the Australian wine merchant. The Stock Exchanges of New York and Loudon are very much excited.
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Bibliographic details
South Canterbury Times, Issue 7267, 21 July 1893, Page 1
Word Count
167COMMERCIAL South Canterbury Times, Issue 7267, 21 July 1893, Page 1
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