COMMERCIAL.

New Zealand Times, Volume XXX, Issue 4462, 8 July 1875, Page 2

COMMERCIAL.

The Customs revenue collected at the port of Wellington yesterday wa3 ai follows: —

CHRISTCHURCH. (From the Lyttelton Times of Monday.) Nothing beyond the hand to mouth requirements of traders has been done in the import market, and there is no disposition on the part of buyers to purchase except for actual wants. The London vessels now due will fairly supply all wants for some time, but until their arrival some few lines will bo scarce. Fruits are getting particularly low in stock. Currants are wanted at 5Jd. Raisins are also scarce. Candles are in active request at lljd. Sugar moves steadily at late values. Finest white crystals are worth £35 to £3O in bond. Late telegraphic news from Mauritius mentions that an early and full average crop may be expected during the coming season, owing to very favorable weather. Teas continue to find a steady but limited sale. We notice by advertisement that a small shipment of the new season’s tea is expected by the Torres Strait mail via Sydney. There has been little business done in spirits, but prices are a trifle firmer. Hennessy’s brandy, in wood, 9s. to 9s. 3d.; case, 335. to 335. (id. Beer is firm at 11s. 94 to 12s. for first brands taken in large lots. Stout is in better favor than ale. Bass'.s in hhd.. Is saleable at £9 10s. to £lO. Tobacco is moving very slowly, but holders are unwilling to force sales at any reduction on present prices. Twist, in cases, is worth li . 9d. Fancy descriptions are short, and improving in value. Timber is in very full supply, and prices drooping. There is no profit on importations of New Zealand timber ; V. D. L. is more saleable than of late. Galvanised iron cannot be quoted higher than £3B to £3B 10s. Cement not so active, at 21s. It is rumored that final arrangements have been made to bring an old established business, particularly engaged in the timber trade, under the Joint Stock Companies Limited Act. The export trade has been almost at a standstill, but, the Rangltlkei is now taking in cargo for London. ' ' ' 1 ' ' MELBOURNE. (From the Arjus June 20.) ; In the import market business has been exceedingly quiet, and transactions as a rule of very little account. Breadstuffs are very firm. Best brands of country flour are very saleable at £lO 12s. Cd., and the tendency is towards a further slight advance, thoughno sales Rave y«t r been'reported over the rate named. Wheat is decidedly better., Sales arc making at ss. Id., but supplies are shou, and there is very little offering in the open market. Oats show no activity; no business of a special character is reported. Quotations range from 3s. (id. to 3s. lOd. for common to

good feed. Maize sbows little improvement. "W® note a very good inquiry for sugar, and sales of medium whit© Mauritius crystals are making at £34 10s, while brewers' crystals have been quitted at £33 10s We understand that the Acacia is coming round here from Adelaide with her cargo of Mauritius sugar. Teas are going off steadily, though only in trade parcels. Sales of Patna rice are making to a moderate extent; a lino of 30 tons, and other smaller parcels, have been quitted at £l7 in bond. The sales of timber comprise T. and G. white pine lumber, ex James G. Pendleton, sold at £9 12s. 6d.: white pine lumber, ex Helena, at £9 10s.; Sin. clear pine, at £ls 10s.; 2in. clear pine, at £l4 6s. ; 26,000 ft. 5£ x 1J T. and G. pitch pine, at £lll7s. Cd.; 5 x li, at £11155.: and 81,000.44 ft. spruce laths at 235. 3d. Sales of fencing wire, galvanised iron, hoop*iron; &c., all more or less damaged, have also been reported by auction. In liquids, there is not much animation. We hear, however, of a line of 1500 cases key geneva having changed hands on private terms. . A private meeting having been called in the estate of Messrs. McEwan and Co., for the purpose of taking into consideration an offer emanating from the Colonial Bank, to buy or to sell the estate at the rate of Cs. in the £, the same was held this After a considerable amount of discussion, a resolution was adopted, that with a view of placing the creditors in a position to be able to entertain the offer, a committee, consisting of Messrs. S. Joshua, E. D- Greig, and Chapman, should be appointed to investigate all affairs and report to an adjourned meeting, to be held on Tuesday next. THE WOOL SALES. (From Jacomb, Son, and Co.'s Circular.) London, May 12. The second series of public sales of colonial wools for this year opened on the 4th inst., and will probably last till about the 19th of June; after which there will bo no public sales here till the 17th of August. , , , , , Nearly 60,000 bales have been already placed, and there has been little disposition, or occasion, to buy in or withdraw much hitherto. Home and foreign huvers are here in large numbers and have competed with great spirit. France is especially largely represented and has bought freely. Horae trade is improving, and generally stocks of wool are light in the seats of consumption. The market has gained strength and prices have hardened from the opening; the average of price is now fully up to that of the best rates of March public sales, while in many instances there is a material improvement thereon. There will be a public sale of woolled sheepskins in this market on the 9th of Juno.

BY TELEGRAPE. GRAHAMSTOWN, Wednesday. Share market quiet. Tairua shares receded to 60s. Little doing in any stock. AUCKLAND, Wednesday. The New Zealand Loan and Mercantile Agency’s local meeting was held to-day. The chairman spoke satisfactorily of the company’s largely increased business and prospects. The Hon. James Williamson was re-elected director ; Browning colonial auditor. Mr Alexander Saunders reports:—Sellers: National Bank, 7Ss.; Bank of New Zealand, 3555.; Fiji Bank, 545.- South British, 485.; Gem, 75.; Tairua, 605.; Beach, 165.; Bismarck, 10s.; Tokatea, 10s. 6d. Buyers : Caledonian, 305.; City of London, 475. 6d.; Cure, 155.; Albion, 355.

£ S. d. Spirita .. 250 1910 1 Tobacco .. 77 5 0 Wine .. 0 3 0 Tea .. .. 18 5 0|

£ s. d. I Sugar.. . .. 9 7 7 Ad valorem .. 70 14 4 I Total £420 14 9

* H3 1 N.S. W. & Q’sland Victorian Tasmanian South Australian West Australian New Zealand .. Cape and Natal 1 * Of which about 12,500 bales had been forwarded. Total Bales N.S.W. & Queensland.. Victorian Tasmanian South Australian West Australian New Zealand Cape and Natal.. 1 k o o CitP oo o-*W CO W 03 j- £ Import of this year to date. s 88 C5 M 4k w © . CO 03 CSW » •OO 1 oVlOMO O O O 03 00 to W o © 6ait*H' Ailbat cleared as per last mail. 1 g 0 , w V$. . moo js - OMMOWMW? There were catalogued in 1st Series, 1874. 1 iiiil i | 0 1 iijjfi There were catalogued in 1st Series, 1875, O M Bales. 127.446 210,774 14,782 74,298 6,329 117.447 155,795 I 4•'I Bales, 50,606 112,130 6,214 37,430 5,466 36,423 31,178 There were arrived in time for present sales. g r „r-: ( ,w r bd There have been sr £ MOttt There were cata- «> rr> r-n t - *. '%»,"J-», 'V-'i S'* catalogued to p OS logued ia 2nd 00 Smwom^h? 1 date 8 Series, 1874.