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COMMERCIAL.

The amount of revenue oolleoted at the Outom* *ouse on (roods cleared to-day tor consumption" Mi L1,2791459d. -r-r-~- .. a

The Maniototo Station has again changed hands at mi Advance of L 1,250 on the original figure, Hpsfft Bathgate and Buchanan being the purchaser*,

Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited reports for the woek ended April 26 as follows: Pat Cattle.-The supply was average, consisting of 196 head, of wbtoh JO storeTand dairy cows; but the although fair, was not sufficiently active to ca«* » n^ B last week's low rates. Bullocks sod at from wia 6d to Llolos, and cows at from LI 1- » Mto L/«s. We sold, on account L 9 28 6d iit> to LlO 10s, bu i lock9from S^iTffi^c» 2 toL6 12s6<». We nttSvel^ThWne at from 4. 6d to 34. ea pft* SheeP.-C<"nP° tltlon from the *?s! was mo ? e " JX active, but in consequence of the oxceeeive ™n«fv only last market rates wore obtainable. The Swntalned 8,787 head, of which 1,600 were stores. fcrosg-breds fotched from lis 6d to 16s, and roerlnoes 6a to Ha 9d. We sold drafts as follows:—On account of Mr Oliver (Waitakl North), 90 cross-breds at 14a to 16g •on account of Mr W. S. Morrisby, 70 at 13s; and for Mr A. M'Laren, 70 at 12s 6d to 12s 9d; also merlnoes on account of Messrs William Shand and Wilson Bros., at 10s 3d and 7s 8d respectively. Quotations for mutton, 2Jd to 2Jd per lb. Fat Lambs.—lso were offered, and fetched good prices—7s Od to 9s Od. We disposed of pens on asoount of Messrs William Shand and James Macandrew at quotations. , , .. , Fat market was glutted, 220 head being offered, and the trade being; already well supplied low prloes had to be accepted—namely, from 4s to 475. We sold pens on account of Mr D. Coll at lis to 275, and others at 5s to 28s each.

STANDARD PROPERTY INVESTMENT SOCIETY.

At the annual meeting of tkia Society last night, Mr B. 81evwrlght In the chair, the report stated that there remained to the credit of profit and loss account L 14.114, less discount of repayments not yet due L 12.723, which left a surplus, including L 786 carried forward from last year, of LI ,391. The last-mentioned sum the directors recommended should be apportioned thus : To pay permanent shareholders, and to credit the accounts of Investing- shareholders with a bonus of 2 per cent., L 57 1; to credit of contingent fund, L 700; and to credit of profit and loss new aoeouat, Lll9. Ths Chairman, in moving the adoption of the report, said that since the last annual meeting the business of the Society had progressed steadily and profitably. The demand for money had been somewhat limited, consequently the Company had not been able to place the usual amount on fresh mortgages during the year. Of late, however, an Indication of improvement in this respect had manifested iteelf, and applications for loans had come in more freely. In order to prevent undue accumulation of money, they found it necessary to reduce the rates of interest allowed on debentures; but they were In 'hopes that this reduction would only be temporary, and that they would shortly be able to resnme fairly remunerative rates to depositors and debentureholders. * . [Br TDLBOiurn.] MaLßora-vi, April 2f1.-Maltlng barley remains at 4s Cd to 4s 8d for shipping ; wheat is at te «d ; New Zealand feed oats, 8a lOd to 4s; milling, 4s Id to 4s 3d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18820427.2.15

Bibliographic details

Evening Star, Issue 5967, 27 April 1882, Page 2

Word Count
591

COMMERCIAL. Evening Star, Issue 5967, 27 April 1882, Page 2

COMMERCIAL. Evening Star, Issue 5967, 27 April 1882, Page 2

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