Commercial.

Evening Star, Issue 4180, 20 July 1876, Page 3

Commercial.

T be amount of revenue received at the Custom™a”Vo79?B°sd for co ’» u u l'tiou iiiie da? Messrs Russell, Ritchie, and Co. have received a t-legi-am from tl>. ir London firm, Messrs Russell, y a «d Co., dated June 28th, advising them ot, .all of _d to 3d per lb in wool,and of a very uncertain future for the market. Greasy wool, 'i i=h ln , .7?’ l F fetched 11 id. and in March sales l I V ,IS 1,1 ,Tune sal 8 oul y fetched Bd. Wheat is quoted at 495.

Mr Hekrt Dmvßjt (on behalf of the New Zealand i *i Merc -? n:i1 ?. Agency Co.) reports ftS fob .owe, for the week ending July U* I T' iU forward at, the market iO-day, only 5) being of pood quality, and the balance little better than “ stores " Bidding was very Ungual, and prices did not corns up to las' r.fudJ’ q w tatloU i' v on l y abo,it h0 heaA chan (fed hands Wc quotc best bullocks at Ll2 to Lls 10a • cows, L 9 to Ll-t—or equal to 35s to 37s 6d per IGOllr' the week qim lty ' hflvG solA 4 ' } head during Fat Sheep.-2,°QP were penned. 1,500 being sold aud the balance turned out. There was not a Kiunted demand for sheep, and prices showed a We f l*' oh; heHt cross-hreda at from 12s 01 to 15* ; merinos, from 7s to 10s 6(1, or equal tr 3.1 per 11. for former and 2*d Utter. M yards -.ml privately, vc have sold 40.». Eat Calv.'a,— None penned. Ei ore Cat tic.—Considering the scarcity of pi .as. a, tins rens.in of the year there is a fair demand f,n gi ou u -bullocks and e >ws. the former at from LG 10. to Li- K 3 , aud tho latter L 5 to L 6 10s, size aud car' r V ,,J S r ri, ' e - D,u in * the w <?ek w e hav. sol.l J;>o bead at t'.ese prices. Ml ore Slice,o- Very iittlc business has been don. iu tin. . dcscriptiou of stock. With theexceptioi ol a tew odd late I have uj traneaotioiiß to report.

Wool.—The cable has furnished the unwelcome intelligence that at the opening sales of the June and July series of London wool sales prices suffered a decline of 8d per lb. on washed, and 2d on greasy'; crossbreds, having suffered proportionably greater decline previously, did not participate to the same extent. More definite results will be to baud shortly; meantime, the Press cablegrams being confirmed by private advices, we have to adopt them as authentic. Sheepskins.—At our auction sale this afternoon we catalogued about 1,000. Buyers were well represented; the quoted fall in wool had, however, a marked effect on values, green cross-breds selling at 3s Id to 3s 9d each; merinos, 2s 9d to 2s lOd, being a decline of 3d to 4d per skin from last week. Hides.—Small supply. Late rates fully supported. Green bnteners, 20s to 21s; wet salted, 3Jd per lb. Tallow.—Butchers’ mixed rendered, we sold some small parcels at L 26 to L 29 per ton. Grain.—Wheat is in good demand; for medium qualities of milling higher rates are paid, but in the absence of any choice samples offering we cannot quote any advance on best qualities. Oats have been dealt in to some extent during the week, at 1 s 8d to la 9d for feed samples; milling, la lOd to Is lid. Barley, both for malting and other purposes, has been more inquired for, and sales Lave been made at 4s to 4s 3d for fair malting; 2s fid to 2s 9d milling.

[Bt Telegraph,] Christchurch, July 19.—The directors of tbe New Zealand Shipping Company have issued their report, to be presented at the general meeting on the 22nd August. The operations since January 1, 1875, show a not profit of L 43,177, whicb they propose to appropriate—lst, to liquidate balance at debit of profit and loss account on Slat December, 1874, L 14.360 ; 2nd, to transfer to a reserve fund, L 20.000; 3rd, to pay a dividend for the half-year ending 30th June, at 8 per cent, per annum, L 5,000; and to carry the balance (L 3,817) forward.