Commercial.

Evening Star, Issue 3648, 31 October 1874, Page 2

Commercial.

The amount of revenue received at the Cu* tom-house on cleared for this dav «ra« 1,735 7s 2d. For the month • L2T.706 Os 3d, as against L 31,939 19s sdfor the corresponding month of 1873. The first annual meeting ©f the Imperial Building Society . was held last night. The society numbers 83 members, representing 552 shares, classed as follows Two LIOO deposit shareholders, holding together five shares; 71 L 25 in on fchly subscription shareholders, holding together 450 shares ; 10 borrowing shareholders) holding together 91 shares. The total amount of cash lent out during the year was L 1,876. The result of the year’s transactions was a profit balance of L 37 17s after paying all expenses and writing off a fifth of the initiatory e> Smses. Messrs Wales, Rcith, M'Gill, De eer, and Orregg were' elected directors; Mi v Joyce solicitor to the company; and Mr Nichol son auditor. The shareholders by 18 to 11 deolinedfto ro-appoiat as secretary Mr Dalrymple, who was voted LlO to supplement his salary o L 29 for the past year. SHARE MARKET. Mr Hooper reports the share market as active this week, a large number of transactions haring place,, but mostly at reduced t '“' j even the’best sleeks have to ve sacrificed prißpnt necwitips. Tbo Kal^ps^}

Insurance Company, during its first year o r existence just closed, has made a profit of ■ upwards of L 23,000, thus exceeding for- a • similar period by several thousands any other ; company in the Colony, yet the shares have de- < ined in value to the extent of about Is 6d per i 'hare. Mosgiel Woollen Company shares hove I • so declined to about Is per share, notwitP landing a dividend of ten per cent Stand? 1 insurance and Colonial Bank shares have al.- - ’.eclined, the former about Is and the latt ; ' about 2s 6d per share. In repect to Colon’s 7 Banks it is thought to be an unwise proceedin ' on the part of the directors to have made tV' three calls so quickly one after the other. T this, in a great measure, is attributable the reduction in the value of the shares. * From the Shotover there is good news—93oz. of gold hav ing been obtained for the past fortnight. A dividend is expected soon, which will probably enhance the market value of the shares. The Arrow River Company’s mine is again in operation, and good results are anticipated. present quotations are:—National Insurance, 2 r: s ; Standard Insurance, 9s; National I’ank, L 3 9s ; Fiji Banks in great demand at L 3 ; Colonial Banks at lls to 11s 3d—l have sold seveuil hundreds at those rates; Shotover Terrace, fully paid-up, 5s to 6s per share; Arrow River, 7s 6d; New' Zealand Shipping Company’s shares not in demand, and the same may be said of a number of other stocks, THE LABOR MARKET. Mr Skene reports that during the week there has been a very large demand for useful servants of all kinds, and there is every appearance of the supply being short of the demand. No excuse for idlers at present. Useful servant girls, ploughmen, shepherds, road, rail, and quarrymen are needed, and many trades are short handed. Wages are as under :—Experienced ploughmen and shepherds from Luo to L 6 5; married do, L7O to L9O and rations Shearers are engaging, but there is no fixea rate. Females fromJL26 to L 36; barmaids, cooks, and housekeepers, 20s, 255. and 30s per week. Country carpenters 36s per week and all found. Road and quarrymen 9a and 10s. Smart boys and girls 6s, 7s, Bs, and 9s per week. Milkers and handy lads 15s and 20s per . week and found. GRAIN MARKET. Messrs Brown and Sons report:—Wheat : Good milling wanted at 4s 9d to ss; second quality, 4s 3d to 4s Bd. Oats scarce at 5s to 5s 3d for feed, and from 5s 3d to 5s 6d for good milling. Barley: Few really good sampler, offering suitable for malting or grinding ; feed wanted at from 4s to 4s 4d. Flour may now he quoted at Ll2 in sacks, Ll2 10s in bags. Bran and pollard at former quotations, viz., L 5 10s and L 6 19s respectively.