COMMERCIAL.

Evening Star, Issue 6473, 14 December 1883, Page 2

COMMERCIAL.

The amount of revenue eolleoted at the Oartom* house on goods cleared to-day for eonsutsptioD was L2.32C 68 9d. . THE FROZEN MEAT TRADE. Mr W. G. Smith, manager of the Refrigerating Company, has received the following letter from Mr John Reid, of Eldenlie“ I wrote you last on this 9th inst,, and now merely send you a line with reference to the result of divided agency, which 1 considered important enough to sound a warning note against some time ago. We have now an opportunity of finding out, to our cost, the unwisdom of such a mode of dealing with our produce. The British King’s and Catalonia’s shipments are now on the market, and, having been consigned.toso many different firms, are being crowded into it without any system as to regulation of supplies. Each salesman is underselling the other, and the consequence is that splendid sheep are .being sold to-day at 6Jd per lb,, equal, if not superior, to any Home-killed mutton on the stalls ; and at the same lime the price of the Home-killed has not declined, simply because the same salesmen will not let it go below a certain price. Some arrangement must bp obme to amongst the various consignees so that they may work together, and it will be for the growers to take this matter in their own hands, and, if possible, get their agents to agree to some such course, otherwise it la they, and not the agents, who will have to bear the loss. lam certain that Ido not overstate the amount of this loss to the sheep-fanners when 1 say that it is making a difference to them of M te Id per lb, which means 3s to 6s a-head on their sheep, which is by far too serious a loss to be trifled with. I hope your', directors will take this matter up, and endeavor to bring some pressure to bear on the principal consignees (of course with the consent of the various shippers), in order that they may take some united action to protect their constituents’ produce from being unnecessarily sacrificed.” The .Refrigerating Company have received the following telegram .from London, dated 10th inst. s—“The Fenstantoh meat is turning out in excellent condition, and is selling at an average price of‘t%d MINING NOTES. Tiiamks, December 14. . The New Prince Imperial Company this morning obtained a rich haul of scwt of specimens from the etopep on the reef above the 4Soft level. There is a good show-of gold left This makes over Ocwt of specimens on hand, and they are worth about ISdwt cl gold per pound. ... THE LONDON MARKETS. The New Zealand Loan and MercontQn Agency Company have received the following cablegram from their London office, dated December 11: “Wheat: Market quiet. Adelaide is worth 40s fld, and New Zealand 43s per 4061b.—Tallow: Market firm. < Best mutton is worth 4Ss, and best beef 89s 6d per otot—Leather: Market quiet Best sides are worth IOJd.-rFlax: Market firm. Fine quality ia worth L 27 per ton. [Br Tklsgrafh.} Mbmiohjin*, December 13.—At their wool sates this week the New Zealand Loan and Mercantile Agency Company submitted a fairly represeatativc catalogue, which comprised .4,000 bales. ’Hiere was a good attendance Of foreign buyers, and active competition was'experienced. 3,540 baks were sold at about tbo level of late prices. Inferior oross-breds and faulty muriates ate still somewhat depressed. Scoured wools pre in active demand, and realised up to 22jd. A parcel of fleece was passed in at 21Jd.