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COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared to-'Gy for consumption was: Customs, 1.724 8s 7d. Business continues quiet; orders from the country and town being generally of a restricted character. In sugars, at the sale of tbs Jasper’s cargo on Monday, very little was placed, the bidding not reaching the reserves. Current quotation for whites is L 29 to ISO. 3 here is nothing doing in teas. Fruits go steadily into consumption, but prices ore In f ivor of buyers, Currants bring 4|:l to 4 Jd; sultanas, £sd; clemes, od. Kerosene is in full supply, with weak demand. Dressed rice hai had seme inquiry, and price is fhmor; Patna is telling up to Ll6 (in bond). Sales aro pissing ia eoarse castor oil at Ss 7d ; raw and boiled linseed, 3j Id and 3s 31. Oornsacks, 6s 3d. Messrs Dalgety and Co. have received the following cablegram from their Melbourne branch: —“New Zealand milling oats aro jetting gradually weaker (4s). New Zealand Chevalier barley is very dull; impossible to make sales without sacrifice (3s fid). Cocksfoot and ryegrass seeds likely to remain dull.” ByaP resa telegram from Auckland wo learn that Adam Layhourn, merchant, who has fileda petition in bankruptcy, attributes Ms failure to depression in trade. Eighteen months ago his health gave way, and ho had been unable to attend to h's business. His secured liabilities are L 8737 Os 2d, and the securities are valued at L4,40712s fid, there being thus a deficiency of L 1,349 7s Hd. The unsecured debts were 1,12,484 4s Id, and preferential rent. LI 30, the total liabilities being thus L 13.988 12s; against which the e:-timated value of assets amounts to L 9,702 14a 10J, the deficiency thus be n? L4,2C017s 2d. At o meeting of Layhourn’s creditors it was resolved to call for tenders for the purchase of the p’ant, stock, and goodwill of the business; and the debtor was instructed to prepare a statement showing his financial position in May last, when ho visited the South. " THE LABOR MARKET. Mr Skeno reports: Tho spring demand gradually improve. Wages ; Couple?, LOS to L 73 ; shepherd?, L 55 to LGO ; ploughmen, 20s and 17s 6d ; laborers, ISs ; station cooks, 20s and 23a: blacksmiths, 2Ss and 30a; grooms, 15) and 20s ; gardenets, 25s and 30s; store hands, 15s and 20a; milkers. 10s, l?e, and 15); boys, 5s to 10s; tradesmen get busier at variable wages.

MINING NOTES, Tho trial crushing of stone from the Waitahuna Company’s claim at Table Hill pave a return equal to loz fidwt to tho ton. It has been decided to give the reef a further test, and with that object six or seven tons, picked indiscriminately, will be sent to the battery.— Owing to the splendid returns which Mr Sfw Hoy’s dredgirg claim ha) lately been yielding, claims have been pegged off for miles on either side. Systematic prospecting is being carried on at Jenkln’s Horseshoe Bend claim, which is situated on the rivet immediately below Mr Sew Hoy’s claim, and the prospects obtained have been moat encouraging, as much as Idwt to tho dish having been washed. The shareholders (twenty-four in number) have decided to procure at an early date ono of Bennett’s amalgamators.—‘Tuapeka Times.’

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https://paperspast.natlib.govt.nz/newspapers/ESD18890824.2.28

Bibliographic details

COMMERCIAL., Issue 7994, 24 August 1889

Word Count
543

COMMERCIAL. Issue 7994, 24 August 1889

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