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COMMERCIAL., Issue 8034, 10 October 1889
The amount of revenue collected at the Custom-! o iso on goods cleared to-day for consumption wan Customs, L 737 fis 7d; primage, Lll ICs fid; total, L 719 2n A general meeting of the Freemasons’ Hall Company, Limited, was held at the Masonic Hall, Moray place, Dunedin, on Tuesday, Bth inst,, at which the following rosolutkns were passed unanimously " That the company be wound up voluntarily'’; and “ That one liquidator he appointed.” Messrs Dalgrty and Co. have received cable advice from London that the annual meeting of shareholders in their company will be held there on 21st inst, when the directors will propose to declare n dividend of 4s per share, making with the interim dividend, already paid, 8 per can*. for the year. It will he further recommended that 1.30,G00 be applied towards extinej tion of goodwill, carrying forward L 5,364. There appears every probability of the Henley Dairy Factory Company’s buildings, plant, etc,, being submitted to the hammer shortly. Owing to mistakes made at the outset of the company’s operations the company i< indebted nearly 1.800 to the Colonial Bank, which institution has given notice that unless the sum is paid before Monday next the property will he sold. At the annual meeting of the company on Monday it was conclusively shown by the balance sheet presented that the property is a good one, L 1,200 being the profit made out of last year’s transactions, Mr Jccl suggested several ways by which the debt might be wiped off, but none seemed to find favor with the shareholders. Efforts will he made to tide over the difficulty.—* Taieri Advocate.’
[RroA'cr.s’ reports and announcements may he inserted in this cohmn on specially armnyed terms,] WOOL AND SKIN MARKET.
Mes-rs Arthur M'Oonald and Co, repoit as follows for the week ending 9fch October: - Wool.—The progreis of the present series of London sales has so far been rr.a-ked with animation, but it would appear that tho most attention is being paid to merino i and kind cd sorts, while the hopes that the coarser grades of crofs-breds, including three-quarter-bred Lc'coster, 1 incola, Romney Marsh, would show so no improvement have hardly been realicd, for these desciiptions are out of fashion, and remain at about tho tame comparatively low range of value that has marked them during the whole of this year.
There is certain to be a largo business done at good prices in this market during the coming season, and we are thus eatly in a position to open up negotiations with growers f or the direct purchase of their woo's free of all charges. Sheepskins,—During the last few months we have probably been by far the largest buyers, and can still take any quantity at fullest market value. Wo quote full-woolled rmrinos and fine halt-breds at fid to 7]d per lb, other sorts in proportion. Rabbitakins.—The market remains about same as last week, since which we have done a considerable business, principa ly ii station •lines. MINING PHARE QUOTATIONS. The following were net prices quoted at the c'osiog of the Recfcon Mining and Stock Fxehange last night : Dorms.—Alexandra 4i. Biir River 3s 10), Bendigo Is 3<i, Firy os, Ga'hmt 2s OJ, Globe 225, Homewards 7s 3d, Inkcrman 245, Inglewood 2s, Darks 20s, Devonsiiires IOJ, Niticnnl 01, \o. 2 Dark 2s 9d, Pandora Is, Scotia 7s, Specimen Hill 3a 3d, Alpines 15s, Venus 9d. Sklukics.—Alexandra OJd, Big River 4s 2d, Bmpress Cd, Golden Lead Is 3d, Gallant 3s, Globe 235, Hudson Bd, Guide .Id. Resolution Is Cd, Pioneer 4d, Devonshires Is 3d, Lord Eiward 01, Lono Hand 2Jd, Mcrrijigs Bd, Multunr 44, Nils 7«, National Is, Now Era Cd, New Britannia 7d, Pandora Is, South Wealths 2d, Triumphs 7d, Venus Is. MINING NOTKS, The Mount Morgan Company declared a dividend of 2s a share—equal to LICO.OGO-for Septmber. Our Arrowtown correspondent wires :—“Excellent stone has been struck in tho upper level of the Premier mine. The local shareholders in the Kawarau dredging claims a:c holding their shares firmly. Shares cannot be had under 100 per cent, above par.” [By Telegraph.] Sydney, October 9. —Wheat: Now Zealand, up to 4s ; Adelaide, 5s to fis 2d. Flour : New Zealand, stone-made, L 9 15s ; roller made, LlO fis to Lll. Oats: Feeding, 2s 8d to 3s; seed, L3s Id to 3s 2d Maize: New Zealand, 3s Id; local, 3s 2d. Barley: Cape, 2s 8d to 2s lOd. Bran, 7\d to 7Ad. Pollard, 7id. Peas: Blue Piussiau, 4s 9(1. Potatoes: New Zcalaril, LG 15s to L 7; Circular Heads, L 7 10s, Onions; Italian and San Francisco, 135; Victorian, L 34. Butter; Dairy-made, 9d; factory-made, lOd. Cheese: (Market glutted', 4d to Cd ; New Zealand, fid to 7d. Bacon, Cd to 7d ; New Zealand, 9J. Hams : New Zealand, la. Melbourne, October 9. —Wheat, firmer at fis 2d. Flour: Stone-made, Lll; roller, Ll2. Oats, 3s 3d. Maize, 4s. Barley: Feeding, 3s lOd. Bran, la 3d. Sugar: Queensland fine whites, L 25 10s ; China counters, L2lloa. October 9.—The wheat market is stagnant at 4s lOd to 4s lid Flour: Stonemade, Ll2. Oats: New Zealand, 4s 3d; market quiet. Malting barley is slow of sale at 4s 3d to 4s CJ. Bran, 10,] d. Pollard, Is,
COMMERCIAL., Issue 8034, 10 October 1889
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