Commercial.

Tuapeka Times, Volume V, Issue 246, 17 October 1872, Page 5

Commercial.

Mr Wm. M'Nab, eharel>i'6ker, Cromwell, reports on the 3rd inst., that : — " The shnro market in that district has been very quiet, owing partly to the fact, that the two last crushings on the Carrick having hardly come up to the expectations of intending investors, who, however, finding holders firm, are beginning to pluck up courage again. I learn on good authority, that the Golden Link Company's quartz claim will shortly be placed before the public, under tbe Limited Liability Act, and if so, I have no doubt, but that it will usurp first place in the market, the magnitude of the shares having hitherto dol>arred investments. For Stars, 1 as-k L 5 ss, sales at L 5 33 6d ; Heart of Oaks, 16 10s, sales a shade lower ; Elizabetha, L 3 2s (id, though sales have been reported at L3J5s. At the meeting of tho shareholders of the Bank of Otago, on July 19, the report which was adopted showed that after providing for bad and doubtful debts, the balance at the credit of profit and loss account was L 8.370. Oat of this a dividend of 2 per ceut. was .declared, L 3.500 devoted to extinguishing the preliminary expenses account, and the balance carried forward.

Flour continues to command a first-rat^ trade sale, the quotation for parcels is Ll3 in sacks ; trade lots are selling at Ll3 10s. Second class flour is offering at LlO, but is unsaleable. Bran is scarce ; trade orders are met at L 4. For pollard, the demand is good at L 5 10s. Oatmeal quiet, Lll 10s. Good proviucial potatoes are inquired for at L 6 10a. Australian are almost unsaleable at L 4 10s. Prime milling wheat is becoming scarce ; the transactions of late have been light; good samples are worth 5s 3d. In« ferior wheat is offering pretty freely at from 4s to 4s 9d, the sale, however, is v«ry dull. Fowl wheat is wanted. Oats are firm at 2s for feeding, at 2s 2d to 2s 3d for milling. There is no barley offering either for malting or feeding purposes.- Malting is worth from 63 to 6s tid, and inferior ss! :Str»w, L2ss j hay. L3 lss : chaff, 13 15s.

A. Mercer reports, for. the week ending October 12 :— lietail prices only. . JTresh batter in 41b and lib prints, beet quality, la 3d to Is4dper lb; second quality, la 2d to Is 3d ; fresh butter in lumps, la Id to Is 2d ; powdered and salt batter, best quality," Is 2d ; second, JOd to lid. Fresh batter is very plentiful, and prices are again a shade easier this week. A few of the principal storekeepers have been salting down large quantities daring the week, and the scarcity which now exists for new season salt batter, will to some extent be met, good samples being worth from Is to Is Id per lb. Cheese is in good request ; good samples are scarce, however, and worth from 8d to 9A per lb ; second quality, fid per lb, bide and rolled bacon is fetcning Dd to lOd per lb. Eggs are exceedingly plentiful, and meeting with a large demand at H per dog,

Appointment.— Mr John M'Le*n manager of the Morven Hills Station; hai beem appointed en honorary £heep In' ■pector. .Sporting. — In addition to the lisi already published, the Canterbury Jockej Club nave accepted the nomination of Mi W. Walters's b.m. Yatterina for the Canterbury Cup and the C. J.C. Handicap. Legal. — It has been rumored in town that Mr Macassey is abofft to go home, and that the firm of Macasiey and Holmes is shortly to receive an additi»n in the person of Mr F. Chapman, son of Mr Justice Chapman. Martin's Bat Settlement. — The Provincial Government has made arrangements that the Charles Edward, steamer, which is onherwayfromNelaonto Hokitika, shall proceed thence to Martin's Bay with supplies. Wonderfdl. — The report of the Government Printer has been published. He states that the department has made a profit during the past year of L 3,146, or about 32 per cent, on the outlay. Literaky. — " Joshua Marvel," Mr Farjeon's latest novel, the three-volume edition having been exhausted, is announced for publication in a cheap form shortly. Mr Farjeon'n current story, " London's Heart," is .being prepared for publication by a German publishing house. Provincial.— "We learn by telegraph that His Honor the Superintendent, as soon as the resignation of the Stafford Ministry became known, offered' to Mr Doaald Reid to reinstate him in the" office of Provincial Secretary, from which as a duty he had been dismissed on his acceptance of a portfolio in Mr Stafford's Cabinet.— Star. Local Manufactures. — The manufacturing career of New Zealand is beginning. Orders have been received for India by Messrs A. J. Burns and Co. for various kinds of woollens, and we hope they will be able to make such arrangements for transit as to lead to an extensive trade with that populous country. Useful.— The Telegraph department have issued a new edition of the '' Sew Zealand Telegraph Guide," published last year. It contains, besides the usual directions for telegraphing, several other useful lists of directions acd tables relating to life insurance, annuities, and the Land Transfer Act. ' .' The "Gazette."— The.last number of the New Zealand Gazette contains the following notifications :— The" Governor has assented to the Oamaru Town Reserves Management Ordinance 1872 ; Messrs W. L. Legatt, of Moeraki, and. John Turnbull, of Mataura, have been appointed J. P. Vj and letters ef nsturalisation nave been issued in favor of G. W. Langley, hotelkeeper, Tokomairiro. Catholic Newspaper.— We are in recept of the prospectus of the New Zealand TabUt Company. The object of the Company is the issue of a weekly paper called the Ntw Zealand Tablet, in which the events of the Catholic world are to be placed in their true colors, the current news of the day faithfully reported, 4c. The capital proposed is LloOO, in 1500 shares of LI each. Such a newspaper should be very acceptable to Catholics, and we have no doubt it will be well supported. Sudden Death. — About lLa.m. on the 9kh inst., a laboring man, named Austin Power, was in the shop of Ah Him, cabinet maker, Staffoid street, when he asked, for a - pencil, and -sat down in a chair; to draw a plan. He almost immediately fell off the chair, and Ah Him went for assistance. Dr Reimer was called, who immediately attended, but before he arrived the man was dead. Fatal Accident. — Thomas Poole, a stockman in the employ of Mr Bell, Waimate, while crossing the Mataura river near J err's Hotel, Oramiti, on the 7th, was drowned, with his horse. It appeared that he was driving -cattle, and some of them broke away and crossed to M'Nab's station. He followed them, and, on nearing the side' of the river, his horse suddenly wmt into a deep place. He tried to check him, and in doing so fell back and remained under water some time.' He, however, rose to the Surface, but again went down, and has not since been seen. Tkeasd»e "Trove.— A short time since Mr Coulam, storekeeper at Nokomai, while crossing the Mataura River, while in a state of flood, bad a bag of gold washed out of his buggy, valued at about L4OO. ■ He made diligent search for it, but owing probably to the flooded state of the river without success. He applied to the Provincial Government for the loan of- the diving dress with a view to making more minute search for it at the bottom of the river ; but from a telegram placed at our disposal by the Police, we are glad to learn that it has been recovered and returned to. Mr, Coulam by a Maori. ' "Wesleyan. — The annual district meeting of the Southern District of New Zealand, in connection with the Australasian Wesleyan Methodist Conference, 'will be. .held in Christchurch on Novi 14, next, when the ministers from all' parts of the' Southern Island, will, gather under the presidency of the Rev: Alex.' Reid, of Dunedin, chairman of the district. : Otago Schoolmasters Association. —At the quarterly meeting of this body, held on the sth, the following were, elect d office-batrers for the ensuing year: — Mr Stewart,- North Dunedin, President, and representative on the Board of Examiners 'for the classification of Teachers ; Mr Russell, Mornington, Treasurer ; Mr Ferguson, ' Secretary ; Mr Stables, Librarian. Mr Gardner, Milton Hall School, was elected representative for Provincial Scholarships on the Board of Examiners. Masonic Scholarship. — We understand that it is the intention of the Freemasons of the English constitution to found a Masonic Scholarship to be attached to the University of Otago. The subject, was mooted some time since in the District Grand Lodge, and referred to the Board of General Purposes^ who reported favorably iot the sch«me. In connection therewith a meeting of the craft was held at Bro. Hyman's Pier Hotel on .Friday evening-last — Bro. H, 8. '" Fun, Jun^-D^D.G.M., ftf the chair— when a • c working sub-committee was appointed to . carry out .the details, and to canvass the brttilten for subscriptions. Upwardsjof filty guineM were subscribed by the brethren present. We farther nndenUnnd that the movement is not to be confined to Dunedin,* hat that the assistance and co-operation of brethren throughout the Province will be invited Why Mr Stafford first Secured Katbne's Vote. — A story went the rounds in Wellington to the effect that the Maori members in the General Assembly said that they wished to vote on the winning side, but that they were told by the Ministerialist party that the Ministers were safe, while the OpLOtitionists said that their side would win' Not being able to tell which side was humbugging them, they therefore split their

, The Schoolmaster' ABROAD.—r-The r following is a copy of a notice placed in an • hotel at one of the seaside towns in this Province :— •" Lost or Stoled."— A red kaf. He v had a white spot on' 1 of his behind leggs. He was a she kaf. I will give 3 shillings to everyboddie wot will bring hym hoam at [ wonst." — Lyttelton Times. Mr Trollope on New Zealand . Attaibs.— Mr Anthony Trollope was banquetted ia Auckland on the 2nd inst., prior • to his departure from the Colony. Chief ! Justice Arney occupied the chair. Mr Trollope said he was delighted at the kindness shown him in New Zealand. Lie thought New Zealand knew how to borrow money, s and how to spend it in a satisfactory manner. . The roads and railways, if carried out, would enable New Zealand to pay twofold the money borrowed. It had done more L than tho other Colonies in so short a history. It had acquired its lands honestly from the Natives by purchase, and he "' hoped that the Islands would never be di1 vided. ! A Sensible Rider. — The coroner's jury in the case of Thomas Hutton, whose body was found in the Molyneux last week, and who was drowned by falling from a punt 1 into the Kawarau iv July last, added the i following rider to their verdict: — " The jury ' consider that great carelessness is shown by punt-owners iv the management of punts, in ' not fixing up bars or closing gangways when - not in Use, in not having life buoys on the L punt ready for service, aud also, iv not providing proper lights after nightfall.^ And ; they express an opinion that it is urgently : necessary that stringent regulations should ' be framed and enforced for the management ' and inspection of all punts." A Decided Refusal. — Mr F. R. Caffrey, solicitor in Wanganui, was recently appointed by the Borough Council its solicitor. After thanking the Board for having elected him, he declined to accept the office, and for reasons which, it must be admitted, were sufficiently strong. He wrote : — " The doubt, the misapprehension, the misreporting, the misrepresentation, the paltry party, or personal, or rather miserably persistent spite and dodgery connected with the matter, together with strong grounds for expecting much discomfort and little peace in the proper discharge of the duties of a very important position, must prevent my acceptance." , Queenstown. — A correspondent of the Dans tan Timet writes as follows :— " Business is horribly slow, though the Chinese are doing grandly. Gold is coming in thick and fast. Our progress (?) Yes, that ' is grand ! Brickmakers and bricklayers, stone-masons and carpenters, have all their hands full. Whether it is a permanent prosperity £ do not know. I may refer, however, to the significant fact that the extensive and elaborate two-storied buildings now in course of construction are being erected by hotel-keepers. To all appearance they are doing grandly." The No-Confidence Debate. — After Mr Stafford had intimated that the Government would make no reply to Mr Vogel's speech, but would take a division at once, he changed hi 3 mind and rose to speak, after the voices had been taken but not declared by the Speaker. Mr Yogel said " too late. " The Speaker ruled that it was not too late, as he had not declared the result. Mr Stafford, thereupon, amidst mingled cheers and ironical cries of "Oh I Oh !" was proceeding to speak, when the Government whip strode up to him. and in joyous tones, loud enough to be heard in the gallery, exclaimed, " It's all right ; It's all right !,'.'.- Mr Stafford then said, "If the hon. gentle*'' man (Mr Yogel) desires a division now, I shall not baulk him " The division was taken, and the result we know. The overconfidence of the whip produced the shortest debate on a no-confidence motion that has ever been witnessed, . we believe, in any Legislature, and effectually prevented any repetition of due or undue influence sdeh as previous divisions have displayed, and of which we have probably not heard the last. — Wellington Independent. Welcome to an Old Resident of Ballabat. — The friends of Mr J. H. Pope, second master of the High School, will read with pleasure the following account from the Star of a welcome given to him by the pupils of the school which he taught in Ballarat West : —About sixty of the old pupils of the Soldiers' Hill School met on Wednesday evening at the North Star hotel, to welcome their former teacher, Mr James H. Pope, who is now in Ballarat on a visit. The company devoted themselves to singing, muaic, and conversation ; old school days, of course, being the prevailing theme of the latter. An excellent supper, provided by M r Ralph Ward, was served at ten o'clock, and was done full justice to. After the more substantial portion of the repast was over, letters were read from Messrs A. Kerr, J. j Malcolm. W. White, Johnson and Ware, who being in different parts of the Colony found it impossible to be present, but in | warm terms expressed their affection and respect for their old master. The Rev. Mr Henderson, who acted as chairman, then presented Mr Pope with a set of Bardwell's panoramic views of Ballarat, .suitably inscribed as a present from bis old pupils. In doing so he alluded to the history of the Soldiers 1 Hill School and Mr Pope's connection therewith, in very flattering terms. Mr Pope, whi was evidently much affected, returned thanks for the present, and also for the very kind manner in which he had been received. More musio and singing. followed, also some speechifying, in which Messrs' Barrett, Wire, Fraser, Jrquhart, and others, took part. About" one o'clock the whole company joined in singing "Auld Lang Syne" (led by Mr G. K. Coutts), and broke up after spending a very pleasant and profitable* evening.