COMMERCIAL.

New Zealand Times, Volume XXXII, Issue 5100, 28 July 1877, Page 2

COMMERCIAL.

The import trade has been dull during the past week and coaplaints aro pretty general, but there, must be, notwithstanding a large amount of business of one kind or another doing, when one considers the large amount of goods sent daily out of, the city by. dray, and the steady increase of shipments coastwise. Stocks are in excess, and competition so strong that profits are cut down to a shade, and as many traders' object to sell without a reasonable profit, they find a difficulty in doing business, but the business Is done] nevertheless. There is no change in prices, quotations remaining low, and in favor of buyers. ; . j (Jolonial produce also rules low. Butter cannot bej quoted higher than 9fl, for prime and in kegs; much; of the stock on band is faulty, having been kept over too long; prime new cure has been sold at lid ;' cheese, overstocked ; bacon and hams, do ; only; saleable at auction at a very low figure. Flour has l been brought in from the South to a considerable in-| crease of the stock in hand, and prices of Oamarui and Canterbury mills are weaker ; we quote £lB toi £l9 for best brands in sacks. Oats are unaltered inj value, with a fair trade doing. ' Mr. G. Thomas reports; Flour Kcolonial), £lB to £1810s: oats, 4s to4s 3d; bran. Is to Is 2d; wheat' (chick). 4s Gd; hams, lOd; bacon, 9d; checso, 8d; pollard, 7s Gd; maize, 4s 3d to 4s 6d; potatoes, 70s to 80s. . i SY TELEGRAPH. ATTCKLAND, Friday. Mr. Binncy reports :—Flour (Oamaru). 840 s, Dunedin and cbristchurch 830 s, Callfornian, 345 s ; -bran, 110 s; pollard. 140 s, bags included; oats, 3s 8d to 3s lOd ; maize, 3s lOd to 4s; oatmeal, £2l 9s; pearl barley. 480 s ; hams and bacon, Od; butter, 9d; cheese, 7jd; potatoes, 755. The market Is full et all kinds of ■produce, and trade is quiet. Mr. Buckland reports fat steers at 275; cows, secondary, 21s per 1001 b; fat heifers, 23s 4d ; calves, mixed sexes, 3*B to 535. .Shares.—Buyers : National Bank, 70s; South British (old), SI. Sellers: Bank of Now Zealand 4505. Mining sale* to-day : Caledonian, 90s; Meanataiari, 152 s od: Waltekauri, 12s fld; Alburnia, 58s; Kunmui, .20s; Plako, 10s.

.... , OAMARU, Friday. The grain market Is very quiet. Wheat of prime quality is selling at from 7s to 7s 5d ; oats, large stocks, 3s 9d to 4s; good milling would command a trifle better price. Barley is unsaleable. Flour, £lB to £2O ; oatmeal, £2O ; pearl barley, £22 ; pollard; £6; bran, £4 ; potatoes, £3. DTJNEDIN, Friday. Produce quotations.—Wheat of prime qualitieslflnds ready sale at 7s 9d, ordinary 6s to 7s;' oats, 3s 3d to 3s 7d; barley, 2s 9d to 3s 3d Mr. Bradshaw reports :—Bank of New Zealand, £22 10s; Colonial Bank, 435; National Bank, 70s; National Insurance, 32s Od; South British, SOs; Mosgiel Factory, 655. . . ~ TT . During the last three days 0000 shares in the Union Insurance Company have been applied for. The total number applied for in the province is 70,000. ' Applications for shares in the Woodwaro Company close on the 31st. Applications|are being made freely. CHRISTCHURCH, Friday. The wheat market is firm at from ( 7s to 7s 3d for best milling; flour, £l7 to £18; potatoes, £5 : cheese, GUI; ham and bacon, Sd; bran, £4 10s; sharps, £5 .10s; wheat and flour stocks are low. Oats are in demand, and good business is being done at 3s 6d to Ss Od. Large quantities.are being returned to country, districts, where stocks are-bare. _ SYDNEY, Friday. • The Markets.—Hennessy's case brandy, 31s 3d; quarters, 8s 6d to Ss 9d ; kerosene, 2s, with falling market; rice unchangeable; Adelaide flour, £l9 to £l9lO ; Adelaide wheat. 8s 2d to Ss 3d ; New Zealand wheat and oats, none in the market. Tobacco unchanged. Sperms lOd to IOJd. ; AUCKLAND SHARE MARKET. (FROM OUR OWN CORRESPONDENT.) Mr. Alexander Saunders reports-.—Sales: Caledonian, 90s; Moanataiari, 150 s; Albumin,s7s; Kurunui 20s; Piako, 10s. Buyer": National Bank, 70s; South British. SOs. Sellers : Bank of New Zealand, 450 - National Bank, 71s: National Insurance. 32s 6d.

♦—— ■■ The following are the duties collected at the Customs yesterr nay:— .Spirits .. 41 8 3 Tea .. .'. 25 13 6 Cigars .. 81 8 C Ad valorem .. 215 14 2 Tobacco 3 10 0 Goods.wght .. 15 4 0 ■Wine.. 1 12 0 ; Sugar .. 10 7 2 £349 18 6 The Oust' oma duties received at this port for the week ending July 26, were as under :— £ s. d. £ s. d. Spirits .. 855 19 3 Goods by wgt. 184 3 ■ 5 Cigars .. 64 9 5 Ad valorem .. 482-1 G Tobacco .. 119 17 6 Other duties.. 6 0 0 ■Wine .. .. 02 15 3 Light dues, Ueer .. .. 392 0 0 shipping, etc. 128 4 2 Tea .. .. 188 5 6 Sngar.. .. 182 15 0 Total ..£2600 11 0