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COMMERCIAL.

♦ The amount of revermo collected at tho Cob torn-lmuHO on goods oloar»>i_ to-day for consumption was Customs, L 35 6; primage, LU 5s lid ; totol. L 367 . r « 111 The Otago Club have decided to removu Uieir habitat to the uppor rooms of the Stindard Insurance Company's buildings Only a moderato busin ss has been dono in the import market during tho week Sugars continue to harden in price, China in tra 1e lots bringing L'JB 10s; finest white Mauritius, L 27 10s; Queensland greys and whiten, I2f> 10s to L 26. Teas have scarcely been noticed. For dried fruits the inquiry is good -currants sell at 4,{d to 4jd ; tultanas. s£d to .' :'/d ; clemes, f-}d. Kcroseno is in full Bupply. Dreseod rico is firmly hold, current quotation for small lots beine r.ow L2l. while Patna rules at L 22. AVoolpacks are slow. A little business is passing in eiarße castor and boiled and raw oil, but prices are unchanged. The annual report of tho Guardian Assurance Company shows that the fire revenue has now reached a total of newly half a million sterling, uo lens than L32,6]0 having boen added dining the past year. More successful oven than this (remarks the ' Insurance News') have been the determined and successful efforts which have been raado in tho accumulation of funds. The premium reserve fund now stands at L218,!)00, equal in itsejf to 45 per cent, of tho annual income. Next follows tho general reserve fund of L 405,000, the two together making up ihe large turn of L 623.000, or nearly ono and a-third years' income, Bohind these again comes tho huge paid-up capital of L 1.000.000 "Therois," the report goes on to say, "thus presented a profusion of financial resource, which places the Guardian office in a position of stability and strength which has few equals and no superiors," THE LABOR MARKET, Mr Skene reports that tho domand for country people is fully up to the supply, and prospects are very oncouraging. Town is brisker than for years. "Wages keep steady. MINING SHARK QUOrATIONS. The following wore net prices quoted at the closicg of the Reefton Mining and Stock Exchange last night : BovRRS.-Bie Ilivor 3s Id, Electric Gallants 2s 10:1, Hard-to-Find Is, Happy Valley 4d, Inslowood 2s, Reform 4d, Drake 2s M, Alpines 11a 6d, Globe 21s 6d. Sem-krs— Alexandra6d, Bie Iliver Bs3d, Emprere 4d, Eureka 2s Od, Gallant 2s lOd, Globes 22a 6d, Homewards 7s, Happy Valley Od, Hard-to-Find Is, Ouido 4d, Lord Edward Cd, Now Britannia 6d, Pandora Is, Reform Cd, Specimen 3s 9d, Triumph 6Jd, Venus Is, Hercules 3s 6d.

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https://paperspast.natlib.govt.nz/newspapers/ESD18891019.2.29

Bibliographic details

COMMERCIAL., Issue 8042, 19 October 1889

Word Count
435

COMMERCIAL. Issue 8042, 19 October 1889

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