Commercial.

Evening Star, Issue 3330, 22 October 1873, Page 2

Commercial.

The amount of revenue received at the Cus-tom-house on goods cleared for consumption this day, eras 1.1,040 Is Bd. Wo understand from Messrs Gillies and Street that of the 8,000 shares in the Mosgiel Woollen Factory Company (Limited) to be allotted to the public, applications have already been received for 6,500 ; and that a meeting of the provisional directors will immediately bo held for the purpose of fixing the dates upon which the lists will be closed.

[By Telegraph.]

London, October 14.—The rate of discount has been raised to six per cent. Stocks are depressed, owing to the apprehended dearness of money. It is expected that gold will be taken for export to America. At the opening of the wool sales, competition was well maintained. Prices were well sustained. The corn market is easy, and Home deliveries large. Adelaide wheat is in good demand at G4s to 60s. " here has been a recovery in the copper market; present quotations are from L 93 to L 94. btraits tin is quoted at Ll‘2o to L 122. Australian ores lower. Melbourne, October 10. — Country flour, Ll3 17s (id to LU ss. Wheat at auction, (is 2d to 6s 4d. Maize, 4s o.\d. Oats, 4s 3d to 4s lOd. Java sugars— yellows, L 32; medium whites, L 37 to L 3710 5; Honolulu sugar, all faults, L 25 15s to L 35 15s. Tobaccos active. No twist or flat work advised as shipped. Brandies anti beer in glass advancing. Wool firm. There is ample time, Mr Goldsborough states, for shipping for the February sales up to the first week in November. A parcel of wheat was sold at 6s 8d to 6s 9d. Maize, 3s lid to 4s Oid. There is a speculative demand in oilmen’s stores, salad and castor oils, vinegar, and Cameron’s tobacco in large parcels. Buyers are operating more freely. Tea —half chests—sold at Is 7d to Is October 21.—The following is Mr M R. Miller’s monthly report“ In stock and etation property, though extreme rates were demanded, several transactions were completed during the month. The Grange estate, consist ing of 5,000 acres, with 5,000 long-wonlled sheep, was sold to Colonel Whitmore for about £2O/000; the Apley estate of 10,000 acres, to

Mr Buckland, f0rL30,600 ; the Redcliffe estate of 441 acres, to Mr Condie, for L 5,000; and part of the Tnnanui estate, of 11,000 acres, to Messrs R. Rhodes and Shields, for L 19,200. There are several other properties under negotiation, but the high prices demanded restrict transactions. Store sheep are likely to be in considerable demand. One transaction was recently closed of 8,000 half-bred ewes at 0» to 7s, and 1,300 wethers at 6s. Considerable inquiries from the Southern Provinces have been made for Lincolns and Cotswolds. There is an increased demand for cattle for stocking inland country, but few lots are offering. Of horses, both draughts and hacks, the supply is deficient, and high prices are asked.” The Hawke .t Bap Herald, in its commercial summary, reports that greasy wool has been offered at Is per lb. Wheat is at 5s to 5s 6d, and oats at 5s 3d to 5s 6d. Bailey is very scarce, and is quoted at about 8s Od. Potatoes are in good supply at L2 10s to L 3. Sawing timber-white pmo atl2s per 100 feet; and kauri at 14s fid per do. ( oal is at L 3 per ton. Freights are likely to be Is 8d less than last year. The Excelsior and Queen Bee will be on the berth shortly. Shearers are asking 20s to 22s Od per 100. A large amount of public works is held over, owing to the want of labor. It is calculated that 800 men could be absorbed by the public works alone the day they landed.