Commercial.

Evening Star, Issue 3279, 23 August 1873, Page 2

Commercial.

The amount of revenue received at the Cus-tom-house on Roods cleared for consumption this day, was L 652 14s l)d. A. Mercer'reports for the week ending Aug. 23, retail prices only -Fresh butter in £lb and lib prints, best quality, Is 9d per lb ; second quality, Is 6d to Is 8d per lb ; fresh butter in lumps, Is 3d to Is 4d per lb; powdered and salt butter, Is 4d per lb; salt butter in kegs, Is Id to Is 2d. The supply of fresh butter has been on the increase during the week, and a fall in prices may bo anticipated. Cheese is scarce, and remains at last quotation, Is per lb. Side and rolled bacon, 9d to 10d per lb. Colonial hams, Is to Is 2d per lb. English hams, Is 8d per lb. Beef hams, 7d to 8d per lb. Boiled beef ham, 9d per lb. Eggs are now more plentiful, and retailing at Is 4d to Is 6d per doz. But little change has taken place in prices during the week. This is, perhaps, attributable to the slack demand, no one in the interior who can avoid it being desirous of adding to his stock at present rates of carriage. The approach of spring and the prospect of better roads, and, perhaps a little slackness in loading have, however, caused a downward tendency in cartage. Sugars are unaltered. In tea very little is doing. In oilmen’s stores quotations are unchanged, and wines and spirits are held for former rates. A large sale of American goods took place at Messrs M'Landress, Hepburn and Co.’s stores on Friday. Resin was bought in at 10s 6d per cask. For 50 barrels of dried apples bid per lb, was refused. Oysters fetched 7s 3d, Lobsters, 12s 4Jd, Condensed milk, 14s. Devoe’s kerosene, in bond, Is per gallon. Spirits of turpentine, 4a 9d. Plantation twist tobacco in cases (in bond), 1* s;]fd per lb. Fifty cases of salmon were offered, but found no bidder above 14s. They were, therefore, passed. No, 1 axe handles realised 11s 3d; No. 210s (id. Pick handles—No. 1 were sold at 12a, and No. 2 at 10s 6d. The meeting of the shareholders of the Arrow Goldmining Company yesterday was largely attended; and Mr Davie occupied the chair. It was explained by the chairman that the country shareholders had intimated they agreed with the resolutions adopted at the last meeting of the company, with the exception of the one which limited the number of up-country directors to two, they desiring to have five, and thinking {that the number of town directors should be five. It was agreed to adopt the

suggestion, and the meeting proceeded to elect | seven town directors, the following being appointed i-Messrs Law, Ramsay, Davie, Reid, Eawson and Dunning The directory is Messrs Holman, Haley, FritchanDaus, and Roskrudge. In answer to a shareholder who wished to know whether it was a fact that the company had not sufficion land to carry on theh effectively, the chairman .aid the eround had now been acquired, as well as a wfttw-race bv which they would be able to use water powerinstead of steam. The directors would at once proceed to register the company, and get to work as quickly as possible. At an influential meeting last evening, it was decided to form a new insurance company, to be styled the National Fire and Marino Insurance Company of New Zealand with a capital of L 500,000, in 50,000 shares of LlO each, with power to increase the capital, if n****** »? another half-million. About one-fourth of the capital was subscribed in the room, and the number of shares applied for up to this morning was 20 000. The proposed company is being formed in no hostile spirit towards any existing local institutions, but to supply a much felt want; it having been established that the New Zealand and South British Companies are by reason of the largeness of their business, unable to accept all the risks that are offered to them. That the company will be a success is beyond question, and its formation is opportune, because there is a vast amount of capital in the Colony only awaiting In proof of this latter?assertion, we may mention that nearly L 15.000 more than was required was offered for investment with the New Zealand Shipping Company. [By/TeLEGRAPH,] Wellington, August 22.-Mr Plimmer reports :-Wheat, 4s 6d to 6s : Adelaide flour, LlB 10s: Oaraaru do, Ll4; Chnstchurch do, Ll3; oats, 5s to 5s 3d ; bran, Is Id ; pollard, 7s j maize, 5s to 5s Gd ; beans and peas 6s ; potatoes, 4s to 4s 9d; cheese, 9£d to 10d; butter, lid; haras and bacon, 9d to lOd j markets fully Ohbistchubch, August 22. Messrs Royse, Stead, and Co. quote produce as follows sFlour, unaltered, at LU 10s; wheat, firm, at 5s f.0.b.; milling oats, quiet and very scarce, at 4s Id to 4s 9d j butter, Is; cheese,