COMMERCIAL.

New Zealand Times, Volume XXXIII, Issue 5528, 14 December 1878, Page 2

COMMERCIAL.

The following are the duties collected at the Customs yesterday;—

The Customs duties received at this port for the week ending December 12, were as under

IVe report a fair amount of business In mostjdescriptions of imported goods, with no change in quotations, prices atiil ruling low owing to the accumulation of stocks. Mr. G, Thomas sold the undermentioned goods at Messrs. Levin and Co.’s stores, by auction, on December 11. the attendance being small and bidding slack: .—•ls nests tubs, 14s Gd; 73 do do, 13s dd; 34 cases brandy (Rice’s), 17s; 10 cases sherry, 325; 9 cases vinegar, 7s 3d ; 2 tons iron standards, £9 per ton; 30 casks currant*, 3Jd, In colonial produce, quotations are in most cases unaltered from last week's prices. Butter in kegs is coming forward in fair quantities, and holders are more than usually ready to accept market rates. We report sales at 8d per lb for prime cure. Canterbury cheese is becoming low in stock, and quotations have advanced to 8d and B}d per lb. Bacon and hams, fair trade doing at B}d to 9d per lb. Flour remains at last week's rates, but as stocks in dealers hands are lower than desirable, the market has become firmer, but we do not look for higher rates. BY Tk LEG KAPIL AUCKLAND SHARE MARKET. (FROM OUR OWN CORRESPONDENT.) AUCKLAND, Friday. Mr. Alexander Saunders reports .'—Sellers: Bank of New (Zealand, £23 2s Cd; colonial Bank, 62a ; National Bank, 75s ; New Zealand Insurance, 82s; South British Insurance, 675; National Insurance, 275); Union Insurance. 14s 6J; Colonial, 3s 3d; Guthrie and Larnach, 02s; Sash and Door, £lO ss; Auckland Ga*, £10; Loan and Mercantile, £5 17* 6d; Aibumia, 20a; Beauty, 3s; Tookey Tribute, 3s, DUNEDIN, Friday. Business last week was very quiet for this season of the year, Ales e,re in brisk demand and scarce, the market being bare of Bull-dog. Forster’s, and Me Ewan’s, while Tennant's Is lightly held. Quotations as before. Not much doing in brandy; ETennessy's scarce, and firm at 10s to 10s Gd and 32s Cd to 83s. At auction to-day the first direct shipment of 20 quarters of Trucock and Co's pale was placed at 7s 1 Jd; also 100 cases La Grande Marque at 17s Gd, and 25 cases ex Shaw, No 2 brandy, at 32s Cd. In whisky there is little doing beyond regular trade wants; market out of Lome. Kerosene dull; a consignment per Helen Anger of 1000 cases Devoe’s brilliant taken up nt auction to-day by the Principal town retailers at Is l|d. This will have a good effect on the status of the brand, as it will be directly brought into consumption, and not, as was thought, be forced out of the market by other brands; stocks pretty full—Booo in bond, 3000 in bay, and ‘SOOO to arrive. Breadatuffa'dull; stocks light. Quotations, f.o.b. Dunedin wharf: —Flour, £9 los to £lO 10s: sharps, £6; bran, £4 10s : wheat, 4s 2d to 4s Gd; oats, 4s 2d feed, 4s 5d milling. Candles In full supply—Do RoubaU’ offering at sjd. Kitchen’s petiollno Bsd, Cements—Stocks increased by arrivals, but not heavy; one holder-cleared out at 27s 6d. Building materials generally in demand; timber scarce ; corrugated stock heavy; wire nails in demand, market hare, out recent arrivals will replenish. Dried fruit not In good demand—4oo boxes good brought 4id, 4|d,4|d; prime muscatels, lOd; figs, 6d; almonds, Bd. Stocks of sugar increased during the week by arrivals from Mauritius ; demand confined to actual wants pending reduction of duty. Nothing to report of tea; buyers treating for new year crops. Hops soiling freely at Is Id for Californian, and Is B<l for new Kent. Little doing in fish, ling placed to-day at 3£d. In wines, good demand for clarets; champagne, scarce; moderate demand for port and sherry. Groceries and oilmen’s stores dull. Cross and Blackwell’s calves jelly (pints), 17s 9d; Argylo biscuits, 275; cornflour, 6Jd; Durham mustard (lib), 7s; Muir’s marmalade, 7s Id; C and B olives, 10s Cd: Boll’s vestas (250), 16s; plaids, 3s sd; city arms, do, 14s Cd, INVERCARGILL, Friday, At tho sale of stock at the grounds to-day unbroken colts fetched from £3 12s 6d to £8; buggy mares and horses, £ls to £2O; Ayrshire bull. Sir Walter Scott, £ls 10s; Ayrshire cow. Daisy, £18; four cows, from £4 12s Gd to £5 10s. Tho wreck of tho Ann Gambles ' was sold to-day to Shorwln the diver; the sale included spars, cargo, engines, chains, and anchors. Stun realised, £6 Ds. GOLDSBROUGH’S MONTHLY CIRCULAR. WOOL, The season is now in f»Il operation, and largo sales have been made during tho month, 44,017 bales hav- ' lug been catalogued, and 34,540 bales sold, thus i making a total of 77,547 bales catalogued and 65,685 ' bales sold since tho opening of tho sales. Tho quan- t tity offered shows an increase on previous years, and < there la evidently each season a greater desiro on tho 3 part of owners to realise in this market rather than i incur tho uncertainty of shipment. Tho European i and colonial buyers are present each year In incroas- < ing numbers, and cable communication being open i with tho leading trade centres of Europe and America, i they are enabled to closely regulate their values, ( thus securing to the owners tho latest quotations for their clips. Prices have not been so firm as they were last month, tho English telegrams haying generally been

unfavorable. The recent news of the opening of the November sales at a reduction of Id to 2d per pound on the closing rates of the previous series has during the past few days further weakened the market — conclusive proof being thus furnished that the wollon trad» continues In an unsatisfactory state, notwithstanding the prospect of‘a peaceable settlement of the , Eastern question. Since this news was received prices . have receded £d to Id per you d, and they may now be quoted at Id to IJd per pound less than was ruling during the earlier sales of last month. This reduction applies more especially to ordinary descriptions and cross-bteds, really well-bred i superior Merino wool having suffered comparatively 1 little, os is shown by the prices realised for any choice clips that have been offered. Some of these have realised high figures, ranging up to IG§U in the grease, this price having been obtained by ua for a very choice lot from Tasmania. The best Riverine clips, . generally so much in demand for America, have conj tinned to arrive in excellent order, being unusually sound and well grown, consequently good prices have j been obtained for them, ranging from lOJd tolzjtl > per pound—these quotations being, taking condition into account, Id to 2d below last seasons values. $ Some choice Western clips have ruled at from 12d to i 15d per pound, but they were exceptionally good. The latest sales made during the past few days show a weaker tone, but on the whole, considering the unsatisfactory telegrams, prices are very well sup- ’ ported, and growers generally seem to prefer meeting the market by accepting lower rates rather than ship. . The clearances from Ist October to date from this I colony are 111,002 bales, and should the ships make . good passages it is possible that all the cargoes may - bo delivered in London in time for the February sales, assuming that the lories commence on 2Gih lebryary, the same date as last year. This quantity will, no do’-bt. be further supplemented by shipments per . steamers via the Su.z Cana 1 , the Northumberland being advertised for 4th December, and the Hankow . for 11th December, with space available for 10,000 to l 12,000 bales; though the high rates of freight asked—ld for washed and *d for greasy—may operate . agairsb their filling. Should alltheships and steamers be forward in time, there will thus be probably about p 120,000 bales to include in the serie , as compared with 101,191 bales catalogued in the corresponding , sales ol this year, and 132,7*2 bales in the series o( last , Tear . The supply of Victorian wool available for tno > first series of the year will thus not be excessive, nor 1 is there likely to be an increased quantity from tno , adjoining colonies ; but judging by recent cablegrams received from London, the total may possibly be aug- • mealed by heavy withdrawals from the series of sales L now in progression. If so, the increased quantity p . on the market may operate prejudicially, and to ml to > prevent an Improvement in prices, more especially as r there are as yet no signs of that revival in trade which ; has been o long expected. ... , The season continues very favorable for pastoral - pursuits, and abundant rains, extending over a large area, have fallen during the month, thus ensuring j splendid feed for stock, and also rendering the rivers ! available for transit of wool. i Freights to London per sailing vessels continue to , rule at gd for greasy and }d per lb. for washed. I Exchange is now i per cant, discount at sixty days 1 sight, and J per cent, discount for each month nddiThe following ships hava cleared for London during , the month with wool on board: November 4- ’ Slievemore, from Geelong io London. 9133 bales ; . November s—Ben Cruachan, from Geelong to Lonr don, 8150 bales; November B—Loch Maroe, from Mel- . bourne to London. 7209 bales; November 10-Harap- , shire, from Melbourne to London, 416 i bales: November 11— Miitiades, from Melbourne to London, 7991 . bales ; November 13— Mermerns, from Melbourne to t London, 8078 bales; November 15—Chimborazo, s.s., . from Melbourne to London via Suez Cana1,2482 bales; 1 November 16-Jerusalem, from Geelong to London, i 4398 bales ; November 17—Merope, from Melbourne .to London, 489 S bales; November 17—Ben Voirlicb. r from Melbourne to London, 0240 bales; November 18— Melbourne, from Melbourne to London, 8103 ; bales: November 18— Aristides, from Melbourne to , London, S»4S bales : total since last mail, 79,651 bales; add previous shipments, 31,641 bales; total shipments October Ist to date 111,092 bales. 5 Prices Current.—Greasy: Inferior, 6d to 8d; otdlf nary to average, 8d to lOd; good to superior. lOd to . is 3d. Fleece, washed : Inferior, Is Id to Is 3d; ordinary to average, la 3d to Is sd; average to good, Is 5d ; to Is 9d; superior. Is lOd to 2s 3d. Scoured, inferior, Is to Is 2d; ordinary, Is 2d to Is 4d; middling to a good. Is 6d to Is 8d ; superior. Is ,9d to 2s. ' sheepskins. We have disposed of an average supply during the , month at rather lower rates than those lately ruling, the decline in value being caused by the unfavorable , wool news received from London, coupled with the . fact that the fellmongers have now a large selection , of farmers' lots of wool in the market suitable for I scouring. All the parcels forward have been sold at , the following quotations, viz.:—FuU-woolled skins, k very few offering, nominally up to 6s each; dry skins, . 2s 6d to 3s 6d each ; station skins, 4d to 7d per lb. , Felts are now coming freely into store,' and realise , from 15d upwards, according to length of staple and [ condition. . HIDES. Wo notice a little better demand for this produce, , more especially for heavy weights, which sell better , than they have done for some time past. The local tanners have taken a full supply at the following quotations, viz.:—Ox-hides, 17s to 29s each; cow-hides. ■ 11s to 16s ; Victorian wet-salted. 2Jd to 3jd per lb; New Zealand salted, nominally 3jd to 4d per lb. KANKAUOO SKINS. We have numerous inquiries for largo sizes; of which, however, only small quantities are being received. Skins weighing 21b to 3lb are worth lOd per lb; average kinds, 6d to 9d per lb. TALLOW. During the month we have sold 937 casks by auction and private contract, principally for shipment to London, the local manufacturers having stock in hand for immediate requirements. Prices [ are slightly easier owing to the large quantity now being produced. Our sales are—Mutton, superior ' brands, up to £3115s (f.0.b.); ordinary mutton, £3O to £3l: beef, £3O 10s, best brands (f.0.b.); ordinary ’ beef, £2B to £29; mixed, £2O per ton. The rate of freight to London is 40s per ton. The clearances are— Sailincr « zrv _

J. M. TAYLOR’S SHARE REPORT. Wellington, December 13, 187 S.

There has been nothing doing to any extent i.i shares during the week. All bank and insurance shares aro depressed, and sales at sellers’ quotations impossible. There is really no reason why prices should be lower, as the stocks aro intrinsically as valuable as they were six months ago, but money being tight holders are obliged to sacrifice their securities and realise at any figure.

* * £ s. d. £ s. d. Spirits .. ' .. 263.12 3 Ala (bulk) . 7 10 0 Wine .. 23 19 4 Weight ..134 0 4 Tobacco 81 0 0 Ad valorem .. 158 0 10 Cigars .. 21 15 0 Other duties . 76 8 0 Tea Sugar .. jUe (bottld) .. 15 8 47 U 6 7 0 2 0 Total . £829 10 5

£ s. d. £ s. d. Spirits 1135 15 7 Goods by Clears.. Cl 10 3 weight .. 601 17 3 Tobacco 592 6 11 Ad valorem . 885 7 11 Win® .. 205 11 7 Other Unties.. 416 10 8 Ileer .. 334 10 3 Li“ht clues, ship3'ea .. 65 17 0 ping, &c, .. 77 2 1 Coffee.. Sugar.. 42 7 C 234 9 7 £4654 14 7

s: g »«“• From To Csks. Nov. 4 .. Slievemoro Geelong Londor 50 Nov. 10 .. Hampshire Melbourne „ 376 Nov. 13 .. Mertneras Nov. 17 .. Merope 133 Nov. 17 .. BenVoirlich ,, 61 Nov. 18 .. Melbourne » 669 ♦ Total 1377 Summary of •wool sales since commencement of season, October 9, to date :— No. of Bales Bales MELBOmNE— sales. catalogued. sold. R. Goldsbrougli & Co. .. 13 .. 39,210 .. 27,518 Hastings, Cuningbam, 13,980 .. 9,760 and Co, Limited 0 .. J. H. Clough and Co ., 0 .. 1,918 .. 4,103 Monckton Synnot 3 .. 1,453 .. 1,152 P. B. Curtain and Co .. 2 777 .. 339 Geelong— Dennys, Lsscelles, & Co. 0 .. 9,009 .. 7,618 Geo. Synnot and Co .. 9 .. 4,319 .. 3,095 Buckland and Burnett .. 8 .. 1,743 .. 1,138 R, Mellish and Go 5 .. 693 .. 604 D. Guthrie and Co 3 .. 5S0 .. 160 Total 61 77,547 65,635

l *o Company, Capital. 1 j n ts p S CO p. O' S £ £ £ £ % Bank of New Zealand 725,000 10 10 405/ 15 Union Bank of Australia 1.600,000 2o 23 014 16 National Bank of N. Z. 1,000.000 10 70/ 6 Colonial Bank of N. Z, 2,000,000 5 2 61/0 7 New Zealand Insurance Co. 1,000.000 10 85/ 15 South British Insurance .. 1,000,000 20 2 37/8 15 National Insurance .. 1,000,000 10 10/ 26/ 20 Standard Insurance., 1,000,000 10 is/ 20/ 13J Union Insurance 2,000,000 20 12/6 15/ Colonial Insurance .. 1,000,000 L0 6/ 6/ Now Zealand L. and M, A.. 2,000,000 25 2 i 5i 75 New Zealand Shipping 100.000 10 h 85/ — Wellington Trust and Loan 200,000 10 S B4 10 Do. (2nd Issue) 30,000 to 22'6 28/0 Wellington Gas ., 30,000 L0 10 350/ 15 Do. (2nd issue) 20,000 L0 1 28/ Wellington Public Hall .. 0,000 30 30/ 35/ 10 Te Aro Theatre 10,000 L0 64 40/ West Wanganui Coal 50,000 5 16/ _