COMMERCIAL.

New Zealand Times, Volume XXXIV, Issue 5843, 20 December 1879, Page 2

COMMERCIAL.

The amount of Customs duties received at this pori* for the week ending December 17th was as under: —

The import trade continues dull and quotations unaltered from our last report, but there are signs of improvement and increased confidence which may lead to better reports fn future. The good price of Wool in the London 'market and improved quality of this year s clip, whir-h j s to be worth id. per lb. more than last owing to the season and the greater care evinced by the sheep farmers in weeding their nocks, wiP. p ve the country an increased spending power and necessarily add to our town trade. In colonial produce there is an improving demand and a considerable business done. Salt butter, in kegs, meets with no sale ; fresh, in brine, is selling at Sd to Pel p er lb. Cheese, in moderate supply and selling readMy at 71 to Sd per lb. for Canterbury m&ke. Bacon a*nd hams, lightly stocked, at 9d to lOd per lb. Flour. J.n good demand, at £l3 10s for baking parcels, £l3 la's and £ll for 100‘s and 50‘s, and no prospect of any rl*sc or fall. Although the crop in South Australia. is very abundant, showing something like a surplus of 275.000 tons for export, still prices have not receded ; wheat, of the new crop, selling in large lines at ’ss 4d. ' hi!-* ”■ ■ mu old is as Od, and the price in the English in.-' •:. ;>-.•■ eh is bound to give a turn to’ our colonial rano prospect of decline. Adelaide is from sfts, v > O’*-*. while New Zealand averages 4sand 6s under. Xlas market is quite bare of Adelaide flour, and now the dutv is again put on foreign flour, and our local made Wellington article is giving such satisfaction, wc do not look for large imports. Bran, Ss to Os per bushel: pollard, £5 5s to £5 I6s per ton ; fowls* wheat, 03; oats, in full supply, 2s 6d to 2s XOd,

prospect of further fall when new’ crop comes in ; maize, 4s Od. Potatoes, in fair supply at £7 to £8 per ton. , , . , Messrs. Laery and Campbell, at their market sale on Wednesday sold potatoes. £8 ; onions.2d; geese, 5s 3d; fowls, ss; eggs, Is Od ; fresh butter, BDI ; peas, 9d ; pine apples, 5s 3d; oranges, 10s to 12s; plums, Us Cd; currants, quality not guaranteed, 3Jd ; pollard, £5 ss. J. M. TAYLOR’S SHARK REPORT. Wellington, December 10, 1879.

There is no improvement in the demand for shares for investment, and quotations remain nominally at last week’s rates. The adjourned general meeting of the Golden Point Mining Company (Limited), was held on the 10th instant at Mr. Wallace’s room, Mr. Stevenson in the chair. The half-yearly report to September 30th, 1879, was read by Mr. Hickson, the manager, from which it appeared that there had a total expenditure of £3OB 9s lOd, and that the company then owed £2451 2 s lid additional. An amendment to the adoptiol of the report was moved, but it was found that only three of the shareholders present holding promoters’ paid up shares were entitled to vote, the remainder not having paid their calls. These three voted the adoption of the report, and also carried a resolution’empowering the directors to sell the 1807 unallotcd shares held in trust by the company, as well as 785 shares forfeited at a price not below par. The report of the mining manager showed that the result of the recent crushing gave half an ounce to the ton, but the manager was unable to give an estimate of the cost of bringing the crushing stuff to grass. The delay in the crushing arose from an accident to the boiler, involving further expenditure, in addition to average current expenses of £2OO per month. Mr, George Thomas reports .‘—Adelaide flour, £18; colonial, £l4 to £l4 10s: oats, 2s 4d to 2s 6d, market full; bran, £3 15s to £4; fowls’wheat, ss, in good demand; maize. 4s (id to 4s 9d; pollard, 6s; potatoes, per ton (old). £1); new, £9; bacon, lOd; hams, Is (both scarce): cheese 8d; butter, Hd; oatmeal, £l4; onions, 2d; eggs, Is Cd per dozen. BY TELEGRAPH . AUCKLAND, Friday, Mr Buckland reports Fat cattle, ship borne, 255; wethers, 2s 4d; lambs, Is 2d better than last week.

£ s. d. £ s A. Spirits .. 1100 S 11 "Weight .. 203 7 s Cigars 03 1G 0 Ad valorem 070 IP. 9 Tobacco .. 3S3 4 0 Other duties 137 5 9 ‘Wine .. 130 13 Boer .. .. 133 5 0 Shipping, &c 00 G 0 Tea .. •13 17 10 Sugar .. 201 IS 0 Total .. £3258 0 S

|. Capital, j S 1 Company, 1 2 £ j£ .€ s % Bank of New Zealand 1,000,00010 10 340' 15 Union Bank of Australia 1.500,000 25 25 £50 10 National Bank of N. Z. 1,000,000 10 62,0 Colonial Bank of N. Z. 2,000,000' » 2 41,0 8 New Zealand insurance Co. 1,000,00010 2 50/ 42/6 10 South British insurance .. 1,000,000 20. 2 la National Insurance .. 1,000,000 10 1019 6 20 Standard Insurance .. 1,000.000 10 — Union insurance 2,000,000 20; 15/ (15/ — Colonial Insurance .. 2,000.0001010/ 7/0 — New Zealand L. and M. A,. 3.000,000 25! 2* 67/6 f5 Xew Zealand Shipping 100.000 101 5 05/ 10 Wellington Trust and Loan 200.00010 ; 5 5$ 60/ 12J Do. (2nd issue) 10,000 10;55' Wellington Gas 100,000 10 200/ 15 Do. (2nd issue) - i 1 4 — — Do. (3rd issue) — ! 5 t 6 1 30/ — — Wellington Public Hall 9,000 30 35/