Commercial.

Evening Star, Issue 4164, 1 July 1876, Page 3

Commercial.

There has been nothing of interest iu the import mai-ket this week. Prices remain unchauged, and tho demand forfgoods limited, as usual at the close of the month. In fact no purchases have been m:ide excepting for supply of immediate wants. Tho announcement by the Premier that only a very limited number of immigrants will be brought into the conufry during the year will tend to check investment ia extending cultivation of land and in construction of buildings. No immediate ill effects imy ensue, as there are works on hand for the rapid completion of which tho present supply of labor is not more than sufficient, but unless enterprise tnkes new directions, such as gold or coal mining, or other profitable developments dependent upon mineral wealth and manufactures the tendency of t he lahor market will be towards depression of wages. This would havo becu already mauifest but for tho fine weather of the last few months, and should the spring be favorabls to out-door labor the demand for it will check the tendency to decline. i-Sl-onld it, however, take place, it is well to uudersL'iud the cr.uso, otherwise similar mistakes may ;irise that arc now leading tho working classes iu Victoria to prevent immigration under'the idea of maintaining wages. For five years wages liave been high iu New Zcalaud because of the demand Tor labor caused by intlux of population. The oppor unity will now be afforded of comparing the effect of a large and small stream of immigrants.

SUAREMAHKET,

I'ltssrs VUi-n-law and" Co. silcs di:mv iiie ¥<i?ii of ttio t> "fu-wiu-r jh.viis: Briti>»\ lnsm-at.ee, Ms Oil • National, 2350-1 • Standard, 12s; Colonial Bank, 32s ■ National, 75s Cd; New Zealand Bank, LIS I's 61. Buyers : National Bunk. 758 ; Colonial 1?.h; New Zealand, L 18; Standard lusurnnce, 12s; National, 23s Cd ■ South British, 53s • New Zealand. 72s fid ; Forbury Park Company, L 24 ■ Mosjj-'-l Woollen Factory Company, 40s. M< J. Keid Mackenzie reports as follows for week enduur 1 it. July:—Sales: Colonial Bank, 31s 9d and 32s ; National Bank, 755; Bank of New Zealand, 1,17 18? Cd ; Shippin-,' Company, Li; National Insurance, 23d; Stan.larillijsurnnc!*, 12s 3d: New Zealand Insurance, 755. Buvers : Nationa Bank, 745; Colonial Bank, 325; 'Bank of New Z.-ulaud 1,17 18s; Shipping Company, LI 4s; Alop-fjel Woollen Factory Company, * ;;7s Cd; Cfi <..» month Con 1 Company, 25s ; Now Zealand lusurancp. ,Os; Ohuro and Southland lusuraueo Cmui-uiiy 25s ; Walton Park (Jonii-aay, (i.i (id; N.i iviuu r<.ianrunc», 28s; Staudv/d Inmn-auon, 12: «„ Cual 2'j'jr:; Colonial itftnk, 32s bl; Albion Brsm-ry, fls ; Mount Ida, Pastoral Company, 190s. Honey: latere** upon