MONETARY AND COMMERCIAL. Southern Cross Office, Friday evening.

Daily Southern Cross, Volume XXVIII, Issue 4609, 1 June 1872, Page 2

MONETARY AND COMMERCIAL. Southern Cross Office, Friday evening.

The Arrivals during the past week have been rather more numerous than usual. The chief imports of general merchandise were those per 'City of Adelaide, 1 whioh brought 1,351 bags potatoes, 4 boxes tobacco, 130 matß sugar, 50 cases castor oil, 60 case* schnapps, 670 bags maize, 718 eases I rait, and 60 chests tea, besides other miscellaneous cargo. Th« admitted scarcity of potatoes has induced large importations, much «f those landed being of very inferior quality. In addition to the consignments per *City of Adelaide,' and mentioned above, 155 tons have been received per 'Scotia,' fromi Warrnambool. The supply in the market at present is said to be equal to two months' consumption, but prices have declined very little, the high -rates ruling elsewhere, and the great loss sustained by shippers by rot on the voyage, rendering it. impossible to offer at a low figure. Prices realised daring the week at auction have been from £6 10s to £7 per. ton. At such * high price, consumption will to a great extent diminish, and until good samples can be procured and offered at a lower figure importing potatoes.will be attended with considerable rule to the. merchant. Bread.

stuffs continue tolerably firm, and we have no alteration to make upon the prices quoted last week. We untice by Australian u< rices that Adelaide prices have weakened about 6d per bushel. There is not much probability of a further advance, aa home and Califoniian crops a»-e reported aa looking excellent. It is stated that a better yield ia anticipated in California ibis year than for in.my years past. We have heard ifc stated upon good authority that the market with new wheat will open in California at about 3? Cd per bushel. Of course this is morn speculation. Yesterday's quotations of wheat, flour, and produce, at the various I Southern ports, will be found in our telegram column. At present we continue to quote Auckland flour at the mills, from £15 to i £17 ; Adelaide, £17 ; Canterbury flour, £14 to £15 ; Canterbury wheat, 5s 6d to 5s 9d ; Adelaide, 7s to 7s 6d per bushel. The receipts since Friday laat have been 455 tons wheat and 147 tons flour. A large quantity of oats have oome to hand, amounting in the aggregate to about 10,000 bushels. The prices fetched at auction for parcels offered were 2s lOd to 3s 2d per bushel ; feed barley, 8s 3d ; maize, 4a 6d. There have been considerable importationa'of provisions, which are worth in trade lines the following quotations:— Good samples of Canterbury cheese, 6d ; hams and bacon, 3d to 9d:; butter, 7d to 8d; lard, 2j|d to 3d, From the auction sales of the week we select the following quotations for merchandise disposed of under the hammer : — Hawkins'e|bulk jams.S^d to 5Jd; Peacock's tin jams, 7s yd j soap, 18s 3d ; spioe, la 5d ; lemon peel, 71b. tins, Is 3d ; cornflour, each 141b., 7sd ; chocolate, each 141b.» la 4d ; Colman'a tin mustard, lib., 5s 6d per dozen ; sardines, 12s Gd j salmon, 13s ; castor oil, 5s lOd ; blue, 9Jd ; sugar, 4jd to ofcd 5 tea, 2s 4d ; beef, 42s per barrel j kerosine, 2s Bsd ; bouedust, £7 10s. We notice amongst the exports by the s.s. 'Hero' for Sydney 234 biles flax and 175 cases gum. We believe the consumption of our local fibre is increasing in the Australian market, and hope there will soon be a considerable trade in this fibre between the two colonies, which will serve to counterbalance to some extent the large imports into New Zealand from her sister co'onits. Messrs. S. Cochrane and Son report that at their furniture sale to day there was a large attendance, and spirited bidding. The following are the prices realised :—'Hairseated chairs, 19s; hair-seated sofa, £3 7s 6d , walnut bookcase, £7 2s 6d ; cedar chest drawers, £7 ; mahogany dressing mirrors, £2 123 6d to £2 15s ; gilt mirrors, £4 ; register grates, £3 to £3 17s 6d ; kitchen range, £4 3s ; marble-top wasbstnnd, £2 2a 6d ; revolver, £2 15s ; time-piece, £1 10s ; wax flowers, £1 7s ; inlaid table, £3 ; engravings, 16^ to £2 2s 6d j painting, £1 17s 6d. A lot of general furniture ironmongery brought good prices. At the sale of musical boxes inlaid, and with bell and drum accompaniments, the prizes ranged from £10 5s to £16.

AUCKLAND LIVE STOCK MARKET. Liv Alfred Bcjckhnd'h Report. —At the Hayinarket, on Saturday last, fodder was short of requirements, and higher values were obtained for it. Horse stock was offered in less than usual numbers ; there was no alteration in values; a steady demand for active draught horses ; other descriptions coinpaiatively unsaleable. — At Remuera, on Thursday, dairy cattle maintained late values. Store cattle were penned in larger numbers than of lato, and met with a good demand at increased values. Fat cattle were in full supply— l 23 sold. There was a steady demand for thorn at 2a 6d the 1001b. above last week's market. Sheep were plentiful, both fat and stove ; there was a good inquiry for all offered, particularly for stores. Pig 3 were well represented, and of all descriptions ; they were in fair inquiry. Tho following prices were obtained :— Best oaten hay, 6s 6d ; meadow hay, 4s 6d per cwt. ; maize, 4s per bushel ; active draught horses, medium strength, from £18 to £28 ; riding horses, from £4 each ; dairy cows, at calving, from £8 to £11 ; heifera, from £4 103 ; dry cows, £3 to £8 ; calves, 20s to 30s ; yearlings, £2 103 to £3 12s Gd ; two-year-old steers, £5 to £6 7s Gd ; fat cattle, of good quality, 25s to 27s 6d, and medium quality from 23a the 1001b. ; working oxen, £11 each ; fat sheep, about 4dthe lb.; store, half-bred, wethers, in good condition, 14s to 16s ; half-bied owes, £1 3s Gd to 19s 6d ; longwoolled ewe 3, 32s each.

THE SHAREMARKET. Mr. Richard Teuton reports :— " Market unusually dull. My salea comprise—Caledonian, £20 ; Waitoinata, 10s ; Bismarck, £4 10a ; Tokatea, £3 15s ; Pride of Tokatea, 8s 6d ; Thames, £5 10a. Buyers : Thames, £5 10s; Tokatea, £3 15s; Caledonian, £19 10s ; Gas shares, £9 ; Waifcemata, 10s. Sellers : Caledonian, £20 ; Tokatea, £3 17s Gd ; Green Harp, £5 12s 6d ; Golconda, £2 2s ; Harbour View, £1 ; Excelsior, 12s ; Coromandel Beach, 15a ; Inverness, 18s." Mr. J. M Lennox reports :— " The sharemarket is rather quiet. Caledonian and Biama-ck shares fully maintain yesterday's quotation. My sales comprise — Caledonian, £20 10s, £20 ; Prido of Tokatea, 8s 6d ; Bismarck, £4 10s. Inverness were sold at 17s ; Siege of Paris, 14s ; Thames, £5 10s. Closing sellers : Caledouiau, £20 ; Thames, £5 15s ; Siege of Paris, 14s 6d. Buyers : Caledonian, £19 10s ; Thames, £5 10s ; Siego of Paris, 14s j Bismarck, £4 10s ; Insuraaco shares, £46 ; Gas shares, £9 10s." Mr. Saunders reports ;— " Sales this day : Siego of Paris, 14s 6d, sellers 15a ; Waitemata, 103 6d, lls, sellers 11s; Caledonian, £20, £20 103. Thames, buyers £5 10s, none offering. Bismareka in demand, buyers 90s, sellers 95s ; Windsor Castle asked for, 18s ; Albion, sellers 8O3 ; Tokatea, 7os ; Cure, buyers 24s 6d ; All Nations, sellers 705." Mr. J. Mowbray reports: — "Sales this day — Caledonian, £20; Bismarck, £4 12s 6d ; Peep o' Day, 7s 6d ; Prido of Tokatea, 9s ; Inverness, 17s 6d ; Coromandel Beach, I2s and 13s. Buyera : Bismarck, £4 103 j Peep 0' Day, 7s Od ; Pride of Tokatea, 9a ; Inverness^ 17s ; Siege of Paris, 14s. Sellers : Bismarck, £5 ; Inverness, 18s 6d ; Siege of Paris, 15s ; Tokatea, £3 15s ; Pride of Tokatea, 9s 6d." Mr. E. B. Robinson reports : — ''Market romains quiet. I sold — Tookey, £6 10a ; Inverness, 16a ; City of London, 8s ; Excelsior, 10s ; Coromandel Beaob, 12s 6d. Market closed with buyers : Bismarck, £4 10s ; Peep o'Day, 7s, 7s 6d ; Siege of Paris, 13s 6d; Beach, 12s 6d ; City of London, 8s 6d ; Cure, 25s ; Sons of Freedom, £14." Messrs. Hague Smith and Walker report : — " Sharemarket quiet to-day in general stocks. Bismarcks have been inquired for at advanced rates. Our sales have been— Caledonian, £20, cum div.j Bismarck, £4 sa, £4 7s 6d, £4 10s ; Otago, £1 5b ; Siege of Paris, 15s; Working Miners, 6s 6d. Buyers : Moanataiari, £4 ss ; Thames, £5 10s ; Bismarck, £4 15s ; All Nations, £3 ss. Sellers: Caledonian, £18, ex div.; Coromandtl Beaoh, 155."

SOUTHERN. CAJtfrsßßintT.— The LytteUonTimeaot May 25 reports: — "Teas have been inquired for more freely during the month. White sugars are scarce ; the retailers only succeeded in purchasing thtir usual monthly supply at the recent sale. One, if not two, shipments of sugar are reported to be coming forward from the Mauritius. Candles have advanced to ll|d ; Mvera) vales transpired early in the week at ll£d, but withiu the latt few days the former quotation ii firmly demanded. Keroaine is going into consumption rapidly at ' 2s ltd to 3a, and as stocks are getting considerably reduced w« look for higher rates to rule. Hops ara meeting wiih fair support at 2s 8d to 2s 9d. Galvanised iron is readily placed at £35 to £36, for whole shipments of Gospel Oak. Bottled stout is being delivered, •x 'Dover Castle,' at 11s 6d tolls 9d. Bottled al« is likewise scarce, at 11s 6d to 12s, according to brand. Fine salt is meeting with food support at £4 10s to £4 15s ; coarse salt, £4 to £4 ss. Currants, 4f dto sd ; Eleme raisins, 6£d to 6|d ; mnsoatels, Is Id .to Is 2d; sultanas, -7|d to 8d: figs, 8d toBid.» * . Otackj.— The Daily [Time* of May 20, reports: — "In liquids there has been some little business done, and Hennessy's and Martell's brandies have experienced a slight, but very slight, advance. These brands are now quoted at from 7a to 7o 3d in balk ;

27a to 27a 6d in case. Associated Vineyard's has been sold at • from 5s 9d to 6s bulk, and 20s case. Whiskey is in improved qeinand. Tennent's bottled ale is quoted at 11s 6d, d.p. Jeffrey's stone ale bas been sold at 12s 6d. Of sugars, the market has been bare of superior descriptions, and an advance of £1 has been established. Price sare anticipated to rule high nextseaaon. InDundee goo Is there continues a dull feeling. Holding rates forcomsacks may still be said to l)c l&i 6d, but 15a 4£d has been accepted. There is no Scotch iron now in the market. A consignment of Smith and McLeans has been sold out at £33, and the same price could be got for more. In general grocery goods and oilmen's stores, a shipment of Whybrow'B piokfos, recently arrived,, has been sold at fair rates. In kerosine there is only a moderate business doing. ' Bates have advanced to 2s 4d, I.JB. Candles show an upward tendency. For Price's Belmonts, 11 to ll^d is asked ; Nevas, ll£d. Kent hops, of which there is a fair quantity in the market, are quoted at from 2s Cd to 2s 9d. Tasmanians, whioh are now giving great I satisfaction, bring from 2s Id to 2s 3d."

E. .£8,820 8 4 Good* by .. 239 5 » Measurement 1,156 15 0 .. 1,677 7 fit Weight .. 469 4 Via*.. .. 453 0 11{ Adwlorem 20 10 llaand porter 1 Ail other kinds 320 10 (bit* btte.) 228 14 8 Duel .. 572 11 '«» „ .. 888 11 O.FUotftgo •• 129 11 IOfW.. .. 1,670 12 0/ f#ffo«, ofcoco- i ToUl „£15,734 t Ut.,4* .. 150 10 flGolddntr.. 443 fi

The Custom! revenue received during the month of May was as follows : —