MONETARY AND COMMERCIAL.

Daily Southern Cross, Volume XXVI, Issue 4147, 28 November 1870, Page 2

MONETARY AND COMMERCIAL.

The balance. sheet of the Whanganui Steam Navigation Company for the half-year ended llfch October last shows a net profit of £489 Us 3d, which, with a balance of £155 11s 4d carried from the previous half -year, makes a total of £642 2s Brt. Unfortunately, svs a set-off to this sum, there are outstanding freights and passages amounting to no less than £], 046 5a 7d, and an amount clue for coals sold of £164. Sydney.— The following is Grevilles TVlogram Company's Special Commercial Report: — -" Business is stagnant. The Tariff is still under discussion, and in the meantime all goods landing, except those for immediate requirements, are being bonded until the Tariff is passed or rejected. Sugars remain firm at our last quotations. Jn the j import market thero is no alteration i \voitby of note, quotations being unaltered. Share Report : Bank of Australasia, 55£.; Commercial Bank, 50/. ; Union Bank, 50?. ; Bank of New South Wales, 301; Bank of New Zealand, 14/. Mine 3 : Peak Downs, 2ls ; Woolgarloo Lead, 10s. Insurance : General Marine, 3Sa ; New South Wales Marine, 13s 4dj .Sydney Fire, 23s 8dj Pacific, 2os ; United, 10a. Debentures are un changed, and, to a limited amount, required." The Syihwj Morn'my Jlerukl of the 12th reports: — "The stock- and sharebrokers consider there has been a slight improvement in the market since date of last report. Buyeis of debentures have operated freely at last week's quotations ; sales embraced New .South Wales teiminablcs, Queensland and New Zealand Treasury bills, and City of Sydney Corporation bonds. The state of the import markets may be thug briefly summarised :— A large week's import of merchandise, and no sales to report ; nor are there likely to be, so long as the present uncertainty exists respecting the tariff. There is some inquiry for cement, and we hear of sales at a slight advance. Liquors are dull at late rates. Holders of cvi rants maintain tlie late advance, and purchases has been confined to small trade paicels. A few lines of teas have been placed privately at importers' prices. In breadstuffs we hear of sales of Adelaide flour, in bakers' lots, at 15?. to IG/. 10s, and Sydney milk at 15. Brandies move slowly; 7s 3d hag been accepted for Martell s. Ilennessy's pale is held for 7s 6d to 7s 9d, and case at 31s. In geneva we hear of some trade lots changing hands at late rates. A shipment of damaged candles realised B|d to 9|d, according to condition. Colmans blue, M ; starch, 3Jd ; .^lb. mustard (in tins), Cs ; candle cotton, llAd, not cash." Melbourne,—- The Aryiu, of November 8 reports: — " Breadstuffs show an aspect of great firmness. Flour well held: 121. 15s for ordinary brands has been refused ; IZI. is readily obtained for best brands. Wheat from 5s 7cl to 5s lOd ; oats, 3s 5d to 3a 8d ; maize, 4s, 5d to 4s 6d is obtained. Kerosine: Vor a parcel of 500 cases Oriental as much as 2s Id was realised. For Devoe'a, 2s LJ-d to 2s 2d is wanted. In cornsacks inquiries come under our notice, which evince a disposition to purchase freety at 12s 3d. Currants are asked for, and for prime samples buyers are compelled to pay 6.U1."