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COMMERCIAL.

3Te\v Zmuvu llkualu Orrui:, Monihiy afternoon. QTHlWlsl'TrvK'.u-LV— Dutic-, 'iCOIS 1:i.55,1; Vi«htduos. .£l2 '2s '.Hi ; arms fee*. l.Os: port clinvffcs, (;:> ;:s sd. —Total, Cβ;; t s.* KM. Mr. Chavlps Davis sold by auction to-day. 1(7 tierces beef at sl)s : ±2 barrels beef, HOs.; ervstaUsed sutov. tid 0" bond): sinlines, W : salail oil. ""7s Cd : T.iokK-s, 0? (id. About 10U boxe= of ica wcro olliin!, hut found no buvers. "Twenty shaves S« the Inverness Gold Miiiin"- Company, .-old l>v Mr. S. Cochrane, I urnler "warrant of the District Court, brought 1 aS.s. The same auctioneer sold the following i buildings in Queen-street (to be removed 1 within 'seven davsl :—T.ot I—Tlif store lately I occupied hv Mr! Thomas Miiel;y. with l'ouii. dations, lean-to, and brick chimney, C2II. Lot 2—The biiililinu' latelv in the occupation of Messrs. Combes'and DnUly. with the foundations. C2O. Lot. I—The commodious central warehouse, :?:! x III! fee , .", f-'l. IX.A.X CAUG-O.ES. AYe Liive an extract from a letter received l>\ the of the Xcw Zealand Insurance Company, from their l.oi.don agent?, by this mail, i'li the subject of llax ear-roes, to which we call the special a:tcntion of oar mercantile readers and shippers ge'.'.erallv. -Von will be very sorrv'to hear that we have no news yet of the ' Maloaka,' now I 10 days out ; anil that eighty guineas percent, is oilerinc for reinsurances wit out ciTcct. II is leaivd'tliut .--In- is bni-nt. as she had sonic :MX, bales ilax on hoard, which, if not properly dried before shipping, wou.'d I'iveon the voyag.to a dead eertaintv.' The cargo is valued at CTH.sr.l. Voiirli'ue. fortunately, is very small. This is re:ilh" fearful, and following so soon after the burning oi the 'Mue Jacket. , will cause undenvriters to deciine homeward New Zealand ships, if llax be amongst the cargoes. Tt apjicars tliaf there is just a "chance that she may have got dismasted, and put into the Falkland Islands. There is u mail due from there about the ."nil November. If ♦.hat does no: bring any news she is, undoubtedly, burnt, and all on board (including some TJ passengers) perished. It is. indeed, a very sad and most distressing atfair. "Some means ought to he adopted to insinv? tholliix being ;•<■;)«(•/.•'«■(/din/»•<■//i/i-(V ( /iit the port of shipment, and unless this be done, we shall, undoubtedly, have more of these disasters. If you can draw attention to the matter, you will be the means of conferring a benefit on the underwriting community in genera!, and the K. Z. I. C. in particular." NKI.SON. Messrs. X. Kdwards and Co. report .ClO per ton for Rod and Hounscll's superline ilour: bran, .tli per ton ; pollard, (."Tperton: sharps, L'O per ton : wheat, ]icr busliel. from iis.to Os Gd ; barley, 5s 0d to (is: oats, 5s to 5s 6d ; potatoes, £s to .t-I- 10s per ton -. hay, C 5 l()s to £G 10s per ton ; beer, per hhcl., £(>; per dozen, Ss ; bricks, per UMIO, ,t-l ; lime. ]>er IjLiliel. 3s fid. Hoards and Scantling.— While pine, per 100 feet, 11s ; red pine, ISs ; shinnies (Totara), per 1,000, 17s : totara. INs per 100 feet : kauri. 9 bv ;, 1 Is : '.) by 1, !.">?; P.T. and &.. His Gd : wide timber. 17s Gd to 25s ; shinnies. 15s. Ri-:taii."Pi;ices.—Beef, per lb., Id to Sd : mutton. 3d to 5d ; pork, (id to 7d : bread, per 2 lb. loaf, Id.— F.rjminer, December -1. LYTTKLTO>~. Tlic town trade during the past week has not. been bri-k, but a good country business is doing, and stution orders are coining in freely, which to a great ext lit compensates for the slackness otherwise experienced. The retailers are now holding back from buying. as ii is getting towards tin end of' the month. JTlie English mail, which leaves tomorrow, is, we endersland, llie last regular subsidized steamer, so in future we shall have to rely on chance boats, —an inconvenience that will be seriously felt by commercial houses.

Teas are finding purchasers in small lots only, and quotations continue almost nominal. In sugars the Jate auctions have fully supplied all our wants, and first houses find it diilicult. to cileet sales even in small parcels. We do not expect any more cargoes from Mauritius for some time. Candles and kerosene are seldom placed in anything like large parcels, but stocks arc not excessive, and the trade are notj forcing sales. Hops are offering more plentifully, and fine pale samples have been meeting -with some favour. The demand for spirits has not improved. Sales of brandies, both in bulk and ease, are almost nominal ; case whiskey has been very scarce, but by the Zoalandiu we shall have our wants fully supplied. The grain market remains very inactive, as the demand for export has entirely fallen oil , , and holders: can place only very small lines. 'Die frado done in flour is trilling, and mostly confined to local wants ; quotations remain at from £12 10s to £13. An occasional order I'or comes forward, but the present high prices cheek all speculation. Values remain from Is to 4s 3d. Barley is wanted, and u few small lines have been siold at Cs. STOCK AND STATION HEPOHT. F;al sheep arc still scarce and readily saleable at our last quotations. At the Carl ton Yards on Wednesday, a pen of merino wethers in the wool reached 13s : but they were of very good quality besides having heavy (leeees. Other wethers in the wool—little belter than stores—made about 7s. In cattle a change has taken place in the demand for fat, which is simph the result of si plentiful supply. The price cannot be ([noted at more than 32s Gd per lOOlbs, and transactions have talcen place at even less tlian flisit. For store cattle there is, however, a ready sale, at prices which leave a very slight, margin for the expense of fat - t.ning.— Times, Nov. 27. OTAGO. This day has not been attended witli much business of a noticeable character among import houses, the auction sale of sugars furnishing the only matter of interest. There is, however, a fail- iipoounrry trade going forward, wit h the prospect of improved orders. The grain and /lour markets are dull, and without change in values. By auction, Messrs. M'Landress, Hepburn and Co. succeeded in phu!ini» the whole of the esv.-go of the Prospectors at pi-ices showing a deciine, though not greater than might iiave been expected from the fully supplied state of the market, the difference" being most observable in the finer samples. Fine white crystals were placed v.t £3(j ss, and good whites at £35 to £35 17s fid ; ~ood vcllow crvstals, £34 2s Gdto .C 34 15s ; lower descriptions, £32 12s Gd to £33 •. and >>ood yelloiv counters, £33 12s Gd.— ha!l;i Tinws, A T 'or ( -> - ber 24.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18691207.2.6

Bibliographic details

New Zealand Herald, Volume VII, Issue 1840, 7 December 1869, Page 4

Word Count
1,121

COMMERCIAL. New Zealand Herald, Volume VII, Issue 1840, 7 December 1869, Page 4

COMMERCIAL. New Zealand Herald, Volume VII, Issue 1840, 7 December 1869, Page 4

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