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COMMERCIAL.

The amount of revenue collected av the Custom-house on goods cleared to-day for consumption was LI, 137 9s lid. A New Plymouth telegram states that there is considerable inquiry there for country lands by strangers, and several farms have lately changed bands at a good figure. Messrs K. 0. Reynolds and Co., auctioneers, report having sold by auction yesterday, on account of Mrs E. LoftSection 8, St. John’s Wood, with buildings thereon, to Mr J. T. C. Stott, for L 230; a< ctions 3 and 4, block 10, Ascotvale, to Mrs B. Feathers, for Lll. They also report having sold privately Lease of sections 13 and 20, and parts sections 12 and 21, block 42, Princes street, Dunedin, with buildings thereon, known as tho Dunedin Iron and Woodware Company’s Furniture Warehouse, to Mr H. Noith; section 4, block 12, Musselburgh, to Mrs M. Stenhouse; allotments 215 and 21(i, Ravensbourne Extension, to Mr J. R. Walker; allotments 140, 141, 220, and 103, Ravensbourne Extension, to Mr R. Gallon ; allotments 207, 208, and and 200, Ravensbourne Extrusion, to Mr W. H, limit; sections 38, block 3G, Clyde street, Dun edio, to Mr A Donald ; section 3G, Warrington, containing la 2r 17p, to Mr J. I'c Clifford —all at sati-factory prices. Also, ns auctioneer for the Otago Harbor Boaid, tho following Rates Lave been disposed ofSections G7, G3, block 1, wharves and quays reserve,!, to Mr (4, Dempster; ami block of land at foot of Frederick street nod adjoining Paterson’s boatshed, to the Wilburn Limo and Otment Company— at tho upsets. Consequent on the recent decision of Mr Justice Richmond in re tho liquidation of the Owen Quartz Crushing Company, fresh lists of contributors have been settled by District Judge Broad.

Messrs G. and W. Fraser and Sons, ironfounders at Auckland and now bankrupt, were examined before the Official Assignee yesterday. G. Fraser, in his evidence, attributed the failure to the continued dullness of trade, and the fact that a fortnight ago they were mod hy employes for wages. He stated the firm’s position to be as follows: —The indebtedness to secured creditors amounts to 120,C03 6s Bd, and the nominal value of securities, consisting of workshops laud and buildings, machine?, tools, utensils, and materials therein, the Miranda coal estate, and interest in tire Gentle Annie mine, and reduction works put down in the schedule at L 21.185 4s Gd. The unsecured debts are ; —On trade account, 12,539 19s Dd ; on wages account, L1.5G3 ; total, L 4,102 19s 5d ; and tire unencumbered assets consist of book debts per list, L 1,825 8s 6d ; interest in Waiorongcmai mining leases and machinery (now known ns the Ferguson syndicate), L2.0U0; and fully paid-up shares in the Teremakau Quartz Crushing Company, L 300; total, L 5.125 t)s GJ. If time is given probably a large portion of this may bo rccr.vcred, but if forced I do not suppose that it. ro than one-fifth con’d be realised.

The following changes (says tho ‘New Zealand Herald’) have been made in tho managfrr.ent of the New Zealand Loan and Mercantile Agency Company’s business in Australia;—“ Mr David Elder will henceforth hold the position of general manager for Australia, and Mr John Cooke, for many years manager at Christchurch, in New Zealand, will take Mr Elder’s place as manager of the Melbourne branch. Sir William Oliver will act as in-pector of pastoral properties,” STATISTICAL, The amount of Customs revenue collected at tho four principal centres last month was; D nut din, L 35.534; Wellington, L 27,130 ; Auckland, L 22.151; Lyttelton, L 20,938 The beer duty hast month was L 3,503, against 13 ,377 for Juno, and L2,0G7 for the corre-pond-ing month of 1888. Dunedin contributed LBM, Christchurch L7OO, Auckland L 772, and Wellington L 457. Tho return of imports for tho quarter endsd Juno 30 shows a value if L 1,002,848, ns agaimt LI, 132,503 fur the same quarter last year. Auckland is credited with 1202.187, Wellington L 191,038, Lyttelton, L‘211,108, Dunedin L 205.231. The exports dinin'; the same quarter were L 2,214,219, ns against L 1,420,290 in the Juno quarter of 1888. Auckland exported L210.G17, Wellington 1.402 323, Lyttelton L488.68G, Dunedin L 352,227.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890802.2.26

Bibliographic details

COMMERCIAL., Evening Star, Issue 7975, 2 August 1889

Word Count
694

COMMERCIAL. Evening Star, Issue 7975, 2 August 1889

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