COMMERCIAL.

New Zealand Times, Volume XXXIII, Issue 5510, 23 November 1878, Page 2

COMMERCIAL .

The following aro the duties collected at the Customs yesterday,

* l Thc 'following are the Customs duties received at this port for t'iie week ending November 21,1878 :

Votliir.2 of iniinntanee has transpired in tho im,«l mark', during tire punt week, and we report no J-hainra in ciuotoliuna. A fair trade is doing, with .ivolciC siuns of progress; but competition keeps down "IjeS toX ffi margin of profit, while the stocks on hand remain heavy.

Nothing of any Importance has been doing in shares during the past week, the general tendency being downwards, with nn evident desire to realise. Buyers are offering lower rates than meet the views of-,the sellers; but from the number of various abates thrown into the market it is not likely that prices will improve, Sales of Standard Insurance,at 20s ; National Bank, 735; Colonial Bank, 55s ; New Zealand Shipping, 80s 6d. ’Sellers of Colonial Bank, 50s Cd; National Insurance, 2Gs 6d; Union Insurance, 16s; Wellington Gas Company, £l7los. Colonial Produce.—The demand for keg butter is falling off, and. prices are lower, quotations for prime quality being 8d to BJd for retail lots. Cheese is rather scarce> but prices show no improvement, 7d to 8d per lb being the highest obtainable figure. Bacon and hams aro In moderate stock at 3d to 9ci per lb for cloth-packed' Canterbury cure. ‘ Flour. —The market Is overstocked with Southern mills, which are offered at prices varying from £9 10s to £lO 10s per ton according to quality and brand. Grain. —Oats are only In moderate supply,' with good demand,- at 4s 8d to 4s Cd per bushel; fowV feed, fair supply, 4s 3d ; maize, low stocks, at 5s to os 3d per bushel; potatoes, old, 60s per ton, new l\d to lsd per lb. Mr. Sldey's miscellaneous sale In the Arcade on Thursday was.largely attended. . Produce sold at; hams. 7|d; bacon, Gid per pound ; cheese, with all faults. 4jd per lb- Australian brooms, 30 dozen sold 9s Cd per dozer. The household furniture realised high prices, and the stock of millinery was fairly competed for, some of the articles fe’chlng high prlcos. A few trunks of boots and shoos were also sold at fair rates. In flour we we have to report the introduction of a new brand, which is likely to become exceedingly popular in the market. It is from the new Crown Mills of Messrs. Evans and Co., of Oamaru, and has just been awarded the first prize at the Northern Agricultural Association's Show. Mr. W. H. Warren is the agent for the sale'of the flour in the North Island.

J. M. TAYLOR’S SHARE REPORT. Wellington, November 22, 1878.

MELBOURNE MARKETS. The following is Messrs. Goldsbrongh and Co.’s report for the week ending November 0 Wool—We catalogued 4931 bales for oursale to-day, and have sold at auction and by private contract during the week 3201 bales. Some high prices were realised for superior greasy wools, a portion of Mr. Gibson’s clip from Tasmania selling at ICjd. We also sold another Tasmanian clip at T3£d,’and greasy lambs from Tandara at 15d. A number of olber clips of greasy sold at from lOd to 13d per lb, including 3GG bales Warbreccan at 11 Jd; IS7 bales Lalbert at lUd; 56 bales Leaghurat lljd; 17 bales, bracket over DB. at 13d per lb. Washed lots also sold at fair prices—average realising ISd to 20d per lb, the latter price being obtained for 12S bales crosi-bredfrom Mr. J. B. Pearson, branded Tara. Superior clips are ruling at about last week’s rates, but all other descriptions must be quoted lower, the continued unfavorable English advices having evidently had a depressing effect. Sheepskins.—We report a steady market, and have disposed of a moderate supply at quotations, viz;— Butchers’green skins, 3s 6d to 6s 6d each; do, dry, 2s Cd to 5s 6d each ; pelts, at prices ranging up to Is 9d each; dry skins, inferior to medium. 3d to 6d , per lb; do, medium to superior, 5d to Gjd par lb. Hides.—A good demand exists for heavy weights, but calf skin's and light hides meet with little inquiry. We have effected sales as under:—Ox hides (average sizes), IGs to 27s each; cow hides, do, 10s to 15s each; Victorian salted, 24d to 34d per lb. Kangaroo Skins!”—Large fresh skins in good condition meet with moderate demand at prices ranging from €d to 9kl per lb; small sk { ns and others are difficult to place at about -Id per lb. Tallow.— Our usual Tuesday’s sale has been postponed until l*?th instant, when we wPI offer a large supply, and expect to secure prices similar to those ruling at our last sa!e. DRAIN*. Wheat.—Since our last report we have sold 243 bags wheat by private contract at the following prices : Medium to prime milling, 4s lid to 5s Old; and inferior to medium, 4s Dd to 4s lOd per bushel. Flour.—We obtained £lolos per ton fora parcel of Malcome's St. A maud. Oats—Prime New Zealand milling Is saleable at 6s 4d per bushel, and feed oats are worth up to 5s 2d per bushel. Barley—There is very little coming forward; extreme rates are obtainable for goed-sized parcels. Melhournb, November 4. Wool—We held our usual sale of small clips to-day, and had a fall attendance of buyers, and good competition. The catalogue comprised 331 bales and 100 sacks, chiefly ordinary lots—none being superior—and prices ranged from Td to Old for greasy. LONDON WOOL MARKET. We are indebted to Messrs Murray, Common, aud Co. for the following report:— The third series of wool sale; for the year closed on the 4th October, and as mentioned in our previous circulars, the market varied very considerably during its continuance. Beginning with a firm tone, which gradually increased for the first ten days, prices subsequently gave way, aud after sundry fluctuations the close of the sales showed rates .thru were, on the average, barely up to the lowest point of the second series in May and June last. One notable feature was the extremely small attendance of buyers, nn attendance far below that which we have been accustomed to sec at this time of the year for a long time past. Trade lias long besa in an unsatisfactory state, and the position is considerably agravated by the recent disclo:ures of the management of the City of Glasgow Bank, and of those firms to whom it has advanced such enormous sums of money. It is to be hoped we now know the extent to which unsound business has been drifting, but we are afraid a good deal of “rooting out” will have to take place before matters settle down on a sound basis. Bales. The quantities bought in and held over for the fourth series of sales are about .. .. 63,000 The fresh arrivals to date are about , .. 85,000 The quantities likely to arrive in time . .. 20,000 Total quantity expected for fourth series 103,000 BY TELEGRAPH. AUCKLAND SHAREMARKET. (from our own* correspondent.) AUCKLAND, Friday. Mr. Alexander Saunders reports :—Sellers; New Zealand Insurance, 85s; South British Insurance, 67s ; Union, 15s 9d’; National, 275; Colonial Insurance, 6s; Bank of New Zealand, £23 7a 6d; National, 78s; Colonial, 535; Auckland Gas, £lO 2s 6d : Loan and Mercantile, £5 17s' 6d; Guthrie and Larnacb, 9Ss; Queen of Beauty, 6s; Alburaia, 255; Moanatalari, 40;. (per press agency.) AUCKLAND, Friday. Share Markel.—Bank of New Zealand; £23 7s 0d ; National, 77a ;. Colonial, 55s : Loan and Mercantile, 115 a; New Zealand Insurance, B's; South British, 68s; National. 28s ; Standard, 22s ; Union, IGi; Auckland Timber Co, £0 2s Gd; Guthrie and Larnach, 965. DUNEDIN, Friday. Wheat, 3s 01 to 4s 2d; oats, 4s to 4s 2d; barley, little offering. Us 6d: pollard, £6; bran, £5 10s ; flour, £lO to £lO 10s; oatmeal, £2O ; potatoes, £5 to £5 10s. HOKITIKA, Friday. Batchers’ meat is very scarce all along the coast. At the last sale by auction wholesale prices went to 7Jd to Sd per lb. At the next sale there is expected to be greater competition, as the butchers have nearly all a short supply. INVERCARGILL, Friday. Business dull during the week. The wheat market is stocked—prime milling 4s 6d, inferior 4s, fowls’ feed Ss Cd ; bran, £4 10s ; pollard, £C ; oata scarce—good milling 4s 6d, feed 4s; oatmeal, £l9 ; chaff scarce, £7 to £3; colonial flour, £lO 10s; potatoes, £7 to £7 10s ; barley nominal, very scarce. NAPIER, Friday. M. R. Miller reports the sale of a half interest in C. H. Stua.t’s leasehold estate, Tutira—22,soo acres, with 000 sheep, 100 cattle and horses, etc.—for £7750, to T. C. Kiorudu, of Victoria; and also the sale of. Bennett and Collision's Estnrnmt Estate, Petane District, containing 7100 Lcres freehold, partly stocked wi:h 3500 ewes, and all the plant, for £19,760, to George Spence, of Petane. NEW PLYMOUTH. Friday. At Courteney’s cattle sale calves realised £2 2s Od ; yearlings. £2 2s Gd to £3 10s ; eighteen-month steers, £3 17s 6d to £4 15s ; two-year-olds, £5 5a to £5 15s ; store cows, £5 to £5 12s Cd ; good heifers, £5 15s to £G 15s ; dairy cows, £8 to £9; second-class hacks. £0 5s to £C 10s.

1 3 ' £ S. (1. £ a. d. Spirits .. .. 102 10 o -1 '1 0 Ale (battled) Weight . an s . 133 12 y 2 ill 0 0 Ad valorem . 285 3 cigar* .. .. 00 7 0 .. r, 1 o .. 12 7 2 Other duties . 11 3 Tea Total , .£707 10 0

£ s. d. £ a. d. ,, 1103 10 0 Weight C Clgurs, . ., :wi io n Ad valorem Other duties . 107 0 •i A Vine .. i‘.«er .. Ten . - .. 07 -J 9 Light duo shipping.’'* OS 7 0 .. 11 in 3 Total .. £3330 0 ■>

Capital. . 1 •6 a Company, | Shares <J ft a o* 3 3 £ £ £ £ % Bank of New Zealand ' .. 725,000 10 10 its/ 15 Union Bank of Australia i.5oo, ooc 25 611 10 National Bank of N. Z. 1.000.00C 10 3} Til G Colonial Hank of N. Z. 2,000,000 5 2 51/ New Zealand Insurance Co. 1,000.000 10 2 85/ lb South British Insurance .. 1,000,000 20 2 07/0 15 1,000,00c 10/ 20/ 1,000.000 10 15/ 20/ Union Insurance 2,000,000 —. Colonial Insurance .. 1,000,000 10 5/ —* New Zealand L. and M. A.. 2,000,000 To 2i 15 100.00C 5 85/G 10, Wellington Trust and Loan 200,000 30,000 5 54 Do. (2nd issue) Wellington Gas 30,000 10 17 15 2D.00C i Wellington Public Hall .. Te Aro Theatre 9,000 30 30/ 35/ 10 io,ooc 5-V 15/ 40/ West Wanganui Coal 50.000 • 6