COMMERCIAL.

Globe, Volume VIII, Issue 919, 5 June 1877, Page 2

COMMERCIAL.

The Customs revenue collected on Saturday amounted to .£122 4s lid, as follows: Spirits, £52 2s lOd; beer, £4 10s 3d ; tea, .£44 18s Od; boots, £ls 12s; confectionery, £4 13s 4d; sundries, 2s. __ LAND SALES. The land sold at the Waste Lands Board yesterday amounted to 6281 acres 0 roods 18 perches, realising £12562 4s 6d, situated in the following counties: —Ashley, 2880 acres 0 roods 18 perches ; Selwyn, 1008 acres; Akaroa, 63 acres ; Ashburton, 186 acres; Geraldine, 1933 acres; Waimate, 211 acres. Mr J. G. Hawkes, at his rooms, yesterday, offered for sale several building allotments in the township of New Brighton, suitable for sea-side residences, but owing to the absence of buyers little business was transacted, only two allotments being disposed of at the rate of £l6 per acre. The remaining sections, together with 80 acres freehold at Malvern, were withdrawn. LONDON MAEKETS. Messrs Miles Bros., and Co., under date London, April 13th, report as follows on the Colonial produce market: — Wool. — There has been but little doing in the wool market since the close of the sales, and although a few hundred bales of bought-in wools have been disposed of to French buyers at a slight advance over the bids made at the last series, yet reports from the manufacturing districts both here and abroad are very discouraging, but on the other hand stocks are very light. Capes, especially inferior sorts, have lately met with better enquiry. The Antwerp auctions' of Kivcr Plato wool will open on the 24th inst., with about 38,000 bales. The arrivals to date for our next sales comprise : r Bales. New South Wales and Queensland ... ... ... ... 35,102 Victoria 77,022 South Australia 22,717 Western Australia 1,708 Tasmania 3,169 New Zealand 30,848 Cape of Good Hope 24,363 Total 194,929 WHEAT axd Flock. — The improved feeling which we noticed in our last report has continued, and partly from speculation, owing to the warlike aspect of affairs in the East, and also from t the large purchases made by our own millers to replenish their stocks, the falling off of supplies on passage, and the limited shipments which are likely 3 to be made to this country from America, Australia, and New Zealand, prices have advanced rapidly, about 3s on white and 4s on pink descriptions of Foreign wheat, while our homegrown white is now worth 54s to 58s, and red, 52s to 56s per Imperial quarter. The business in Australian and New Zealand has been limited, the sales having been confined to some old Adelaide parcels which, however, realised 57s to 595. We quote Australian wheat at 59s to 61s per 496 lbs, and New Zealand 55s to 575. Australian flour, superfine 39s to 43s per 280 lbs, and household 31s to 375; New Zealand, 34s to 40s. Tallow axd Hides. — There has been a slight improvement in the demand for Australian tallow since our last, and the principal portion of the lots offered at p.s. were disposed of at a reduction of about 3d per cwt. Our home supplies of tallow are heavy, and considerable shipments continue to be made from America. The value to-day ot good to fine New Zealand mutton is 39s 9d to 40s 9d; beef tallow, 38s Cd to 39s per cwt. There have been no sales of hides, and prices remain the same.

Preserved Meat.— The trade in tinned meats has been very dull, and although a reduction of Id per lb. has been made in 61b mutton, only a very limited business has been done, and a further decline must take place before sales ot any importance can be effected. Some shipments of tinned beef have lately been made from I ruguay, which arrived in lino condition. Importations of dead meat from America and Canada are still large, and give great satisfaction, and shipments oflive stock have commenced, and promise to be of considerable importance.