MONETARY AND COMMERCIAL

Lyttelton Times, Volume LXXVI, Issue 9604, 23 December 1891, Page 5

MONETARY AND COMMERCIAL

[Special to Pbess Association.] ; [EeceivedDeo. 20, at 10.20 a.m.} ■/ LONDON, Deo. 21. The annual report of the New. Zealand and River Plate Mortgage Agency shows that sufficient profit been made to have allowed of a & pe* cent dividend being declared, but the directors had decided that the amount) should he carried to the detained dividend fund. [Eeceived Deo. 23, at 1.15 a.m.] LONDON, Dec. 33. Auckland Harbour Board debefl,-. tures bave fallen £2. SHIPPING. Arrived—Ashmore, barque, from Lyttelton (Sept. 5). [Eeceived Dec. 22, at 11.10 a.m.J SYDNEY, Dbg. 31. The Customs Bill, sanctioning the new duties, has been introduced into the House of Assembly. [Eeceived Dec. 28, at 1.16 a.m.J ' NEWCASTLE, D*c. The Herald says it is rumoured that ft cargo of potatoes by the St Hilda, from Wanganui, New Zealand, was discharge! into the sea, this step being taken in preference to paying duty on the shipment., .

The New Zealand Loan and Mercantile Agency Company, Limited, Melbourne* writing under date Dec. 15, reports as follows The collapse in the wheat marked although expected, was rather premature. . This was owing principally to <i&e..£aofc that whatever wheat was available was rushed down and forced on a weak 'Wpekot in hopes of obtaining the then oonnMpit --■ values. The highest quotation, aadwhlch is only nominal, for pew to-day is 4s(kl* and prime old about 4a 9d. In feed stuffs nothing whatever is doing. Oats are* almost unsaleable, consequently toeffect sales lower values' have to be accepted. Milling oats have no sales, therefore #e " can hardly quote with accuracy. Komi* / nally, their value is from 2a 7d to 8* &d» and for good stoat feed 2s 54 is now--accepted. There is a little inquiry from ’ the neighbouring Colony for small lotf of New Zealand oats in bond, bat, there > orders have been unfilled, as no Kew Zealand oats are at present available. We quote them nominally about 2s 2d in bond.