COMMERCIAL INTELLIGENCE.

North Otago Times, 29 September 1864, Page 2

COMMERCIAL INTELLIGENCE.

Oam abcj Trwrs Office, /Wednesday Evening. The Geelong steamer has brought, as usual, a considerable miscellaneous cargo. This forenoon a quantity of grain, which a business party wished to ship to Dunedin, had to be returned to the warehouse in consequence of the heavy surf which ha') arisen during the night. We observed a quantity of stone being put on bonrcJ/9^ 8mce our last publication prices- 'have been fully maintained in grain transactions. Australian tlour is now ruiing considerably higher than it was a short time since, and a gradual rise may be looked for in the giain and flour markets until harvest. Our present quotations are: — Oa.naru flour, per ton, L27 10s; by retail, L3 per bag. Othei produce as m last quotations. The following are the retail prices current : — Sugar, yellow crystal, 7d per 1b ; while do, 7£d ; common eonntu-, Gd ; tea, 3s OJ to -Is , mixed pickles, Is iM per bottle , <heesi}, English, Is 9d to Is 10 por lb j do Colonial, ]s Od per do ; baton, do, Is 8d do; Sinclair's hams, ]s lOd do, eolfee, 3 slid do; butter, Cork, 1-3 8a du , Wellington 2« 3 I do , /Ve^h butter, 2s Gd do; (dVMnts JOJdo, botheu lruil, ialid ; a^oiterl jams, ]«-ydpi rll) j dried apple*, Is do, m\nuiu,2a 3d per tin, tar liiie", hull-tin, 2i ; do. qr-dn, Is 3d j Bpi.nn (untlh'i, Is 6d per lb ; tallow do, 1h ; bread, 41b loaf, Js id , Hour, "jd p^rlb , onions, Od do ; potatoes, 3s Sd per fetcme ; eggs, 2s Gd per do/; buef, Ud to lOd per lb ; iunHon, lOd do; poik, iOd to Is do; tobacco, liaru'tt'H t.nsfc, 10a perlb; do aromatic, 10s do; do, caveudish, 8s do; do, honeyduw, 8s do.

DUKE DIN — Most of the farmers have nearly completed the sowing of oats Many are now begiurung to prepare (.-round for green crops. Sorno hare plan tt 1 1 potatoes, but the general ci op is not yet m. Next month will be the best time for sowing maugold wurzei and carrots, and November for turnips. As droughts occur at times in this Province, too much time cannot bo iaken in tne sowing of those crops. Our farmers have still a good deal oi oata and hay on hand, but they are going off giddually. Potatoes are now getting scarce, and there arc no onions in the market fit for transportation to the mines. Apples are scarce. The price demanded now is 12s to 14s per case for inferior 6orts. — Witness. — lhisiuess in the import market continues to be dull. The announcement of a very extensive auction sale has, in many cases, induced the trade to withhold from purchasing. By tho (Jity of llobart wo have late dates from Melbourne. Flour has experienced a further advance in the Australian markets, and the tendency continued to bo upward when the City of llobart sailed. — Mail. We observe by the " Daily Times" of yesterday that " a very large attendance of squatters and others interested in etation property was attracted to the Provincial Hotel on the occasion of the auction sale by Messrs Wright, Robertson and Co., of two very fine stations belonging to the assignees of Mr C. S. Sancton. After a spirited competition both stations were knocked down to Messrs Douglas, Alderson, and Co, — Stag station, comprising 40,000 acres, with 8000 sheep and improvements, brought £17,500 ; and BUgblay if ill Station, comprising 58,000 acres, with 10,050 sheep and improvements, brought £19,000. The prices m both cases wore understood to be the full value, from which we infer that capitalists still entertain with a favorable eye investments of this class." MJELBOTJENE, Sept. 12.— The unfavorable weather has caased business to open Hatter this week fchau wa3 anticipated, and tho operations ra the import market have been of a limited character. IHour remains firm at L22 1 0s, and the news fro»n California, brought by the Dashing Wave, v.hich ha<! arrived at Hydnuy, will probably tond to ward oil' any speedy decline. r Jhe Dashing Wave, which was sciit toSau Francisco for flour returns loaded with lumber, and jeports an advance — flour being quoted at 8dol., and •wheat3dol. It is also alleged that nothing was loading, or likely to load for tho colonies, and that fche Othello \va* coming ovor to these waters in bal-

last. A transaction in wheat took place to-day at 10s ; and another later in the day has been reported at 10s 3d not cash.— Sept. 16. The arrival of 35,000 bushels of wheat in the White Star has not affected the flouv market, and L24 is quoted as the closing price for best Adelaide. 3?or Tasmanian flour L22 is asked. The greater portion of the Mauritius sugar offered at aitction was taken at fail' rates. Good counter fetched L38 2s 6d to L39 5s.— Argus. SYDNEY, Sept. 10. — Business has been very quiet this week, and with the exception of the flour market there is very little alteration to notice in our markets. Flour is much firmer, and prices rule about 20s per ton higher. Adelaide flour is quoted at L23 to L25 per ton, and sales have been made today at L24. The arrival of the Peter from Valparaiso, with a cargo of breadstuffs, has not checked this rise, the whole of the cargo, about 250 tons, having been bought by one of the millors, but the price has not transpired. The millers' quotation for fine flour is still L24 per ton. Wheat is also firmer. Adelaide is quoted at 9s to 10s. Caudles are lower : the Neva Stearine Company of St Petersburg report having reduced the price of their candies lo lO&d per lb. In Sydney the tobacco market remains inert — nothing v, hatever doing in the imported article. — Morning Herald. ADELAIDE, Sept. 9. — The produce markets have been very quiet during the past week, and the business transacted has been very limited. Prices of wheat have given way sotnowhat, although there is but little offering. The intelligence received by the mail as to shipments of cereals from England cannot be considered otherwise than encouraging, as a much smaller quantity has been shipped than was generally anticipated. There is, therefore, every reason to believe that there will be no decline upon present rates this season. Flour — Sales of best brands have been made at L20 per ton, and of country at L19. Many holders refuse to sell under L21. — S. A. Register. ENGLAND.— The " Times" gives a list of the joint-stock companies brought out in Great-Britain during the first half of the present year, and prefaces it with the following remarks : — " Their number is 171, and they represent a total capital of L116,203,500. A large piopoition of them, however, invited sub'iciiptiojs, in the fhst instance for only half their nominal capital. Allowing for this circumstance, and also for the great number that have failed to establish themselves, and liave been withdrawn, or that have obtained only partial subscriptions, the actual amount of bhaies taken would probably not represent much more than L50,000,000. Of the total LUO,tiOO,000 of piopobed capital, about fifty-three per cent, was for banks, and finance companies, fourteen per cent, for the conveision of various industnal establishments aheady in existence into joint-stock associations, twelve per cent, for steam and other shipping entcrpi ises, six per cent, for insulanee companies, live per cent for railways, five per cent, for estate investments, and about one or two pei cent, for hotels. La3fc year, although the total capital pioposed for companies seemed enoimous, it did not amount to more tban L100,000,0U0, while the progiess of concoction this year has been at the rate of L232,O0O,00O for the twelvemonths." With reference to the o.\tension of tiade and the condition of employment in England, the ciicular of Messis Joseph Tiaveis and Sons has the following : — "The expansion of tiade steadily continues, and stiange as the f.ict may seem in the fourth year of tho cotton crisis, there is leason to believe that, on the whole, the population of the United Kingdom never before had an equal amount of employment. Fiom til L paits tho accounts confirm this impiession, which is likewise conoboiafced by the weekly lailwoy letuins, and also by tho active consumption of all kind* of imported goods. During the coming harvest the want, ot labor ia likely to be especially appaient; and although the gi outness of the country has always been piomoted by emigration, and the founding of new communities of fellow -countrymen, it may be questioned whether, in the present prospeious state ot the countiy, better piospects can be offered to industrious Englishmen in any pait of the world than those which aie now open to them at home."