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COMMERCIAL.

The amount of revenue collected at tho CnMom-houHfl on k'"j<-« clearud to-day for oon*umption waH LBO7 &) 3d. Business in the import market during the week has only been moderate. Sugars continue in steady demand. Snowdrop*" bring in trade lots L 44 to L 45; whites, L 43 to H3 10s; greys, L 42 to L 42 10-. A small business ib passing in teas. Advices received in town advise that the Whampoa, with the first shipment of new season*! l , is expected to leave Foo Ohow about the 17th inst. Fruits are slowcurrants sell up to 4£d, sultanas SM, and Elemes s}d. Kerosene is going steadily into consumption at Is 9d. Starch and Maid milk have been in rather short supply. A fair trade has been done in spirits at agents' quotations. Patna rice is bringing up to Ll4 10a (in bond). Dressed Japan overstocked and price in favor of buyers. Coarse castor is selling up to 3s 4d; raw and boiled oil, 3i Id and 3s 2d; colza, 3s 8d to 3s 9d. Messrs Dalgety and Co. have received the following cablegram from their Sydney branch, dated yesterday: Hunter s 3* lOd; New Zealand feed oats, 3s Id; prime potatoes, L 4155." Messrs Dalgety and Co., have received the following cablegram from their Melbourne branoh, dated yesterday:-"New Zealand milling oats: Market is getting gradually firmer, 4s 3d. New Zealand Chevalier barley: Good demand for good qualities, inferior neglf oted, 5s fid. There is no demand for grosH seed." At the annual meeting of the Canterbury Farmers' Co-operative Association the balancesheet showed a net profit for the year of L 7,150. A 7 per oent. dividend was declared, together with a bonus of 4 per oent. on the oallei-up

capital, and a bonus of 4 per cent, on shareholders' purchases of merchandise darißg the year. Bt sides writing off 20 per cent, from the items of machinery and offic* furniture, L 1.500 will be carried to the reserve fund. PROPERTY SALE. The Perpetual Trustees, Eatate, and Agenoy Company of New Zealand, Limited, report the sale of sections 82 and 33. block 18, Dupedin, containing 2 roods, for LB7O, subject to existing tenancies. _________ MINING NOTE. Messrs J. and W. Gage report receipt of telegram from Reefton announcing the weekly returns as follows:—From the Keep-it-Dark Company, 21702 amalgam from 165 tons; from the Globe Company, 1760z amalgam from 190 ton?. _______ THE LONDON MARKETS. The New Zealand Loan t and Mercantile Agenoy. Company have receive! the following telegram from their London office, dated oth inst.: —" Tallow is dull of sale. Quotations are unchanged since last telegram, tiozen meat: stocks are increasing. Market has a downward tendency. Canterbury mutton ia worth 6£d per lb, Wellington is worth 52-d, Canterbury lamb is worth B£d. New Zealand beef: There is a rather better demand. Beef forequarters are worth B£d, hindquarters 4gJ. The New Zealand Loan and Mercantile Agency Company, Limited, have received the followi g cablegram from their London offioe dated 4th inst.: firmer."

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https://paperspast.natlib.govt.nz/newspapers/ESD18890706.2.22

Bibliographic details

COMMERCIAL., Issue 7952, 6 July 1889

Word Count
499

COMMERCIAL. Issue 7952, 6 July 1889

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