Commercial.

Press, Volume XVI, Issue 2104, 13 January 1870, Page 2

Commercial.

Ti-TAEir.—The recent failures in this province, and the numerous rumours afloat respecting three or four well knowD firms in Christchurch, have produced an unsettled feeling. In this district, fortunately, we know the worst, and after the lapse of a short time, we believe that confidence will be greatly restored. Grain quotations are merely nominal until the new grain comes forward. Prices generally remain unchanged. We learn that green flax is fetching good prices, 5s per ton having been paid for the right of cutting. A meeting of the creditors of Mr P. J. Wilson, builder, was held at the offices of Messrs White and Cash, on Saturday last', Mr Cliff in the chair. A balance-sheet was laid before the meeting showing liabilities to tbe amount of £2022, and assets valued at £2138 4s Id. A proposal was made and seconded that the estate should be assigned for the benefit of the creditors, witb Messrs Cliff and Wade as trustees The motion was carried, but Mr Perry, on behalf of the Union Bank, the largest creditors, dissented, and the meeting broke up. Yesterday afternoon a meeting of the creditors of Mr G. Gee, confectioner, was held, with Mr Hutton in the chair. The cause of stoppage is through insufficient business. The unsecured liabilities were put down at about £165, and available assets estimated at about £75.—" Herald," January 12. G-XIPOBNIA.—By the arrival of the brig Crown from San Francisco, the " Southern Cross " received Calfornian papers to the 11th November. The " Evening Bulletin" of that date reports:—Gold continues steady at 126|. Sterling remains at 109 to 109f Legal tenders are quiet at 78£ buying and 79 Belling. Californian wheat at Liverpool to-day, 10s j at New York, 1 dol 60 cents to 1 dol 65 cents. Three of the vessels for lumber were to \ake cargoes to Australia—two loading at Puget Sound, and the other at Burrard Inlet. Candles: Market dull and prices irregular, ranging from 15 cents to 17£- cents for the various brands of Adamantine. Fish: Sales for the week of 17,0001b dry Pacific cod, in lots, 12 cents. Oil: Sale of 250 cases Barton and Gesta's fine olive, agent's rates. Sardines : Sale of 250 cases, half-boxes, 2 dol 90 cents j stock light and market firm at 1 dol 70 cents to 1 dot 75 cents for quarter-boxes, and 2 dol 95 cents for half-boxes. Flour—soo barrels Orange and Vineyard extra, in lots, 5 dol 25 cents to 5 dol 50 cents. We quote—superfine (in Racks 196 lb), 4 dol 12£ cents to 4 dol 37. cents ; extra (in sacks), 5 dol 25 cents to 5 dol 50 cenfti Wheat—Boo sacks coast, 1 dol 15 cents ; 600 sacks fair milling, 1 dol 35 cents. Market weak at 1 dol 55 cents per 100 lb as an extreme figure for choice. At the close, 118 sacks common, 1 dol 25 cents ; 371 sacks common, 1 dol 75 cents; 700 sacks (fair shipping), 1 dol 4#feents per 100 lb. Barley-—We heard of no sales this morning up to noon. Quotable at 95 cents to 1 dol 10 cents. At the close, 1600 sacks choice, 1 dol 10 cents per 100 lb. Oats—We have no sales to report. Quotable at 1 dol 10 cents to 1 dol 40 cents per 100 lb.

Nbw Yobk—The following, which we take from the San Francisco "Bulletin," is dated New York, November B:—Flour—nominal at 6 dol 60 cents to 9 dol 50 cents per febl. Wheat—l dol 60 cents to 1 dol 65 cents. Oilj, sperm—quiet and steady at 1 dol 75 cents toi 1 dol 80 cents j winter bleached, 1 dol 95 cents to 2 dol. Ts[J_ale—-1 dol 5 centß to 1 dol 8 cents; winter bleached, 1 dol 12 cents to 1 dol 75 cents. Wool—quiet and steady; spring, fine, 26 cents to 32 cents; burry, 20 cents to 25 cents? pulkd, 40 cents; California, burry, 21 cents to 26 cents ; California, 19f cents to 21 cents.