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COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared to-day for consumption was LI, 72216s 6d.

OTAGO AGRICULTURAL AND PAS TORAL ASSOCIATION.

The Committee of the Otago Agricultural and Pastoral Association, in submitting the usual statement of accounts for the year ending June 30, 1889, regret that the results shown are so extremely unsatisfactory, the loss during the year having been L 206 Is Id, arising principally through expenditure on the park and heavy rates of interest. Negotiations are now in progress for the raising of a loan at more moderate rates; meantime, it is absolutely necessary that thn bank overdraft should be materially reduced, and to do this will be the first duty of the incoming committeo. The coming show to be held during the carnival week at the opening of the New Zealand and South Seas Exhibition promises to be a great success, and tho Committee confidently anticipate a large surplus revenue therefrom to go in reduction of the debt. The balance-sheet shows that L 440 lis was received from subscriptions, L 228 lis from entry fees, L 254 7s 6d from gate money, L 129 from booths and catalogues, L 35 17s Gd from Taieri land account, L 33 lis 6d from parade account, L 67 10s 8d from rentals and grazing, and L4013s from ram fair, making a total nf L 1.231 0s 2d. The expenditure included L 522 12s in prize money, L 247 19s 4d on aocount of interest on loan and debeniuren, L 53 3s 3d interest on overdraft, and Ll2O 15* 7d on improvements. The overdraft is L9BO 6s Id.

[Brokers' reports and announcements may he inserted in this column on specially arranyed terms 1 RABBITSKIN MARKET.

Messrs Arthur M'Donald and Co. report as follows for the week ending 24th July : The quantity of rabbitskins sold at auction is now very small, and many of the salesmen are endeavoring to meet the difficulty by quoting Eri?ea they never obtain. However, this will nd its own level, and those who have lately sold at auction will be the best judges of the correctness of tho various reports. All the buyers propose doing direct business with vendors, thus saving the charges on both sides; and as far as we are concorned we can buy at auction 10 to 15 per cent, below our valuations, and except it suits us to do so we will not pay the same prices at auction as we will for direct consignments—that is, so long aa ths present system of charges exist. A very large and increasing business is passing through our hands, and we guarantee 16d per lb for prime winter greys, lOd per lb for colored winters, lOd ppr lb for autumns, 6d to 7d for summers, and 3d to 4Jd for suckers. These prices are absolutely free of all charges, and proceeds are posted same day as skins arrive. We require 300 bales during the next fortnight for shipment per s.s. Elderslie.

IBy Tbxegbaph.] Sydney, July 24.—The grain markets generally ate inanimate. The demand for wheat is slack. Ohiok feed, 3a to 3s sd; New Zealand milling, Ss 8d to 4a 2d; CaliFornian, 4b sd; Adelaide. 5a 2d. Flour: Now Zealand stonemade, L 9 15a to LlO 10s; roller-made, LlO 10a to LU 15s. Oats: Feeding, 2s lOd to 3a Id; milling, 3s 2d; seed, 3a to 3s 2d. Maize Is scarce through the floods. Prime sorts. 3s 6d. Barley : Gape, 24 8d to 3s. Bran is plentiful at lOd. Pollard, 10£ d. Chaff: New Zealand straw, L 4; oaten chaff, L 5 to L 5 15s, Potatoes: New Zealand, L 5 ss; Circular Heads, Lslos. Onions: Victorian, L2l to L 2 2; New Zealand, L 23. Batter: Imported—dairy made, 8d to 9d; separator-made, lOd to Is; local —dairy-made, Is to Is Id; separator-made. Is 2d ;t factory-made, 1b 3d. Cheese: New Zealand, 6d to 7£d; local, 7d to Bd. There is a large supply of cheese in the market. Bacon: Local—hand-cured, 7d to 8d; machine-cured, s|d to 6£d; New Zealand, 6d to 7sd. Hams, Ib. Melboubne, July 24,—The grain market is dull. Good milling wheat, 5s 6d. Flour:

Stone-made, Lit 10a; roller-made, Ll3 ss. Oats: Calcutta, 3a 9d; Victoiian feed, 3s Udl; New Zealand prime stout, 4s Id. Maize, 4s 3d. Barley, 5s 7d. Bran, IOJd. Pollard, Is 2d. Sugar is dull. Rations are quoted at L2O 15s. ADELAIDE, July 24.—Wheat is firmer. Farmers' lots, at outports, 4s 8d; at Port Adelaide, 4s lOd; shippinc parcel?, 4s lid to 4s md. Flour: Stone-made, U0 15s to Lll; rollermade, Lll 15s to Ll2. Bran, lOd. Pollard, la 2d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890725.2.28

Bibliographic details

COMMERCIAL., Issue 7968, 25 July 1889

Word Count
775

COMMERCIAL. Issue 7968, 25 July 1889

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