COMMERCIAL.

New Zealand Herald, Volume XIII, Issue 4666, 27 October 1876, Page 2

COMMERCIAL.

New Zealand Herald Office.

Thursday evening. The duties collected at the Customs today amounted to £3UO Os Id.

We have again to record another advauce in flour and grain ; yesterday the principal millers put np their second or Canterbury brand to £15 10a per ton. The trade prices ■will be found in our market list, revised .to the latest moment. There are a variety of causes which have led to the recent disturbances in the flour market, the chief of \rhieh is the anticipated drought in South Australia, the already dry season acting prejudicially to the wheat crop. The second is, the Southern markets have oversbipped or exported too largely, and it is doubtful whether there is sufficient in stock to meet the requirements of the home trade ere the new crop is harvested. This and other causes have led to the recent advances aad judging from the light stocks in Auckland and the prices now ranging ..which are. low enough to deter Southern imports, we are afraid that the end is not reached. Oats, although well stocked in this market, are nevertheless firm in tone, and holders are asking 3s and upward. Exceptional lines, however,, are offered at 2s lOd, but theruling quotation is from 2a 1 Id to 3s Id. A most marked advance is noted in currants, stocks, which were formerly heavy, and selling at 4s 4d to 4s 2d, are now worth 5s 2d to 5a Bd, and at this figure holders are firm. Gam, 'we are glad to report, also participates in the upward movement, the market becoming gradually firmer, and another advance ot 20s per ton has taken place since "ourlast; £23 10s to £24 can now be obtained for good ordinary scraped. Melbourne.—The Argus, of October 12, reports :—ln the import market business has been extremely quiet all day, and there

having been no auction sale of general merchandise? held whereby the monotony ex>; perieticed inight hare been relieved, the; (dullness has been all the morte. ' noticeable. HfoeidstnfFa US/ jmarket forborne tjme. Under th£ Huurafe. Inthe forenoon.flour was sold at £13,63 *5a to £13 8s; there w»s very, and the advance was "moat unwillingly dragged from the buyer. Privately, salqft are making at £13 10a, but not in large lines.-Wheat - is "firm~at "63":ffdr!atr , «hich: i there are more buyers than sellers, the quantity in tho market being so very trifling; at auction, a small lot of fair wheat was sold at-6s""s<L 'Stout-feeding oats-were got'rid of at 2s 10Jd in bond. \ Sales have also been reported at 3s 2d to 3s 2£d, duty paid. Maize is now going off steadily at 4s, the improved rate now. generally required. Sugars are firm, and as the trade are comparatively bare of Mauritius descriptions, a good business has been done at holder's limits.*. About 1600 bags were quitted, and prices ranging from £27 for browns, to £37 15s and £38 for fine whites are realised. About 1200 mats of the Moses B. Tower's shipmen tof Java have also been placed. Speculative business in the market is likewise still entertained. We report a good trade enquiry for kerosene oil. We hear of some 800 cases Devoe's having been sold in parcels for export at Is lid f.o.b. In liquids, a moderate demand for brandy exists, and moderate sales of BTennessy's pale are making at 7s 9d.

Adelaide.—The Observer of October 7 reports on the state of the breadstuff's market as follows :—The wheat market has been very dull for the past week. The market opened at 5s Id per bushel, and remained unchanged until to-day, when a sale of a parcel was effected at 5s 3d. The market is now firm at this figure, and some holders are asking a penny more. In flour also, very little has been done. A sale of a parcel was made at £12 5s per ton, and we quote it as being worth £12 to £12 ss. It is reported that a contract for supplying the NewCaledonian Government has been accepted at £11 10s Cd per ton, part being deliverable in bags and part in barrels. The exports of wheat and flour for the week ending September 30, reached 3330 tons, making a total exportation for the year of 173,445 tons." A telegram in the Argus of October 12 reports wheat firm at 5s 6d.

Hemp.—The sales of New Zealand have been unimportant during the month. 344 bales offered at sale on 30th instant, were only part sold at £21, for fair medium quality CBT A, to Blenheim at £21; Kowai Mills, at £21. A very small lot oflgood tow fetched £12. Shells.—At the Bale of 23rd inst., mother-of-pearl went more readily at about former rates. 640 cases 12 casks Sydney sold: Small and chicken, at £7 10s to £8 10s; good to bold heavy, at £7 12s 6d to £8 5s ; defective, at £4 2s Gd to £5. Of Fremantle, 260 casks 25 cases were disposed of at somewhat lower prices than the above. Of tortoiseshell, 8 packages of Australian were sold at 16s to 18s ; pickings, at 7s to 10s. ENGLISH. The Suez mail came to hand this morning per the Union Company's s.s. Ladybird, and with six day's later dates than by the P.M.S.S. Australia, which arrived in this port from San Francisco on the Bth inst. In looking over the usual commercial circulars and papers, we find that they contain no later items interesting to our readers than those brought by the Australia, in fact the European Mail commercial in kauri gum, cocoanut oil, &c, is exactly the same as that we printed a fortnight ago. The following items, however, are later than those we have published :— Messrs. Miles Brothers and Co., of London, report under date September 1 : — Wool. —There is not much alteration to note in the state of our wool market. Since the termination of the sales, about 3000 bales have been disposed of privately, and inquiries for wool still continue, but chiefly for cheap lots, and prices ruling at the close of last series have not, we think, been exceeded for the parcels which have changed hands. Business in the North, as well as on the Continent, appears to have slightly improved, and we are of opinion that the present low rates will give an impetus to trade. Of the quantity of wool for offer in November (estimated at 200,000 bales) the proportion of fine wool will, probably, be limited, and, for parcels of good staple, we expect that present prices will be steadily maintained. The arrivals to date are —New South Wale? add Queensland, 21,185 bales; Victoria, 17,353; South Australia, 5287; Western Australia, 424; Tasmania, 5311; New Zealand, 33.422 ; Cape of Good Hope, 36,508: total, 119,490 bales.

Wheat and Flour.—During the past week the weather has been very unfavourable for the wheat still uncut, of which there is a considerable quantity in the North, and new English has been sold as high as 51s for some fine parcels of white wheat weighing over 051 bs. per bushel. This high price, combined with the scarcity of English wheat, has caused consumers to turn their attention to foreign descriptions, which, in consequence of this demand, have generally advanced in price about Is per quarter, American and Russian being most in request. The new arrivals have been small, but some of the late cargoes from Adelaide, off the coast, have been directed to outports where Australian wheat has hitherto been unknown. We quote : Australian wheat, ex ship, 47s 6d to 4Ss ; ditto, ex granary, 48s to 495; New Zealand ditto, 44a to 47s ; per 4961b5. Australian flour, 30s to 35s ; New Zealand ditto, 29a to 32s per 280Ibs.

Tallow and Hides.—The tallow market still continues quiet, with only a limited demand, but when the cold weather sets in, we look for some improvement. The value to-diyof good to tine New Zealand mutton is 41s 9d to 42s 9d, and beef tallow 39s 9d to 40a 9d, and inferior sorts at proportionate rates. The present stock in first hands is rather large, being 9350 casks. The hide market is unchanged, and quotations remain the same—viz., heavy New Zealand, 4Jd to 4Ad per lb. ; light hides, 3|d to 3|d per lb.

BY TELEGRAPH. DUNEDIN. October 26.—Mr. Bradshaw reports : Sales: Colonial Bank shares, £1 lis 6d ; National Insurance, £1 4s; Standard Insurance, 12s; Mosgiel Woollen, £1 17a Gd. Buyers: Colonial Bank, £1 lis; National Insurance, £l 3s 6d ; Standard Insurance, 12s; Mosgiel Woollen, £1 17s 6(L Sellers: Colonial Bauk, £1 12s; Mosgiel Woollen, £2.

BnjlßWa MAMMALS. land 9s to 16s! U*««a» aaOl; planed, tongued andfroored. Us 60. per 100; Pnrlri PcataXiWlOe to £7; Shingles, 1,000; Hobart «tfrn^aJtt^6^W;S g|i9«Bob«irt Town Ralls. Sfi. S*rnS£ « XM\ Manila Pj ffi I MipJO, gip&toa,^ . \J-Inoh»ndunder .. ..NfMoNff- %.:\ '** ■ s \ Wharf and lance lines .. 73 10 6 ' t Catting in falls ~ ~ jhq q „ «,.-* BIOOND WAXItY. aisas—*~««««—,». » w . - «6a.«ft„o™-..M^~-~ TN*w Zealand" Fhax^Ropr, —-• "'„,,. . < . *. sv. d. s , ~ ~ "Scinch and upwards ..'4l-10? O per-ton., , 1-inch to 2J-inch .. ,"." 43 10" 0 ''„ — }-lnnh and "~ tr.~ _47 10 O - „ Wool lashing .. .. . .. 40" 0"0 ~ " Clotheslines.. .Vi "■■■>• v. i 0 0 6J per lb. - Coal and Fiaxwoon MiiKii. COAL.—Newcastle, 40s to 45s per ton; Bay of Islands, at yards, 25s per ton; ditto, at the mine, 12s per ton. r . '.? Fibhwood.—Uncut, 12s pot, ton, delivered; Cut, 16s per ton, delivered.

;KAtmi Qxm and Flax Market.7 ■ • ■ We quote tho following prices on the Auckland market delivered nett cash:— 30M.—Ordinary (scraped) £23 to £24 per ton Flax—Finest quality 22 to —perton Flax.—Native dressed, unscutched 11 to — Tow ~ .. .. ... '•• -2 to — „

AUCKLAND CATTLE MARKET. Mr. Alfred Bucklanb's Weekly Report.—At the Hay market on Friday last maize brought ,4a 3d the bußhel; linseed, Sd the lb.; superphosphate, 8s the cwt. Horse stock offered plentifully, but were dull of sale, not many were sold at auction, but after the auction several were sold privately. Heavy draught, £35; light harness, £10 to £21 ; hooded buggy, £45. Hides were pitched in increased numbers, and were at lower values, 3 l-16d was the highest price obtained. Skins and wool in usual supply, and an improved enquiry; skins brought 2s 3d to 4b 4d; inferior lambskins, 8d to 10d;. badly washed half-bred wool, 9d; wool in grease, 7Jd the lb. .At Waiuku on Wednesday there was insufficient room in the yards for the Btock brought forward, and on this account some delay was occasioned in the selling. There was a very numerous attendance and all cattle competed for to their full value and sold. Horse stock were dull of sale, .although many were offered, three only were sold. Sheep were at low values. Satisfaction was expressed by all present at the superior luncheon provided by the new host. At Remuera, on Thursday, dairy cows were in usual number, and fair. enquiry at late values, from £6 to £9 each. Store cattle in fall supply, and mostly grown cattle ; they hsd a steady Bale at late values.' Yearlings brought from £210s to £4; two-year-olds, £4 to £5 10s ; three-year-old steers in moderate coauition, £6 10s; four-year-olds, £7 10s to £8 ss. Fat cattle in full numbers—lss head sold, prices regular throughout the sale, varying with quality from 28s to 32s 6d the 100 lbs. Fat calves in moderate supply and lower values than last week. Store sheep in usual numbers,' with a good enquiry. Halfbred ewes, with lambs at side, brought 14s ; long-woolled ewes, 18s 9d; hoggetts, 10s 6d and 13s 6d; wethers, 14s 9d ei.jli. Fat sheep in usual supply, under 500 sold, prices Bligktly higher than last week. Shorn sheep, 2£d ; in their wool, 3|d the lb. Lambs plentiful, bnt in good enquiry, and last week's values fully sustained, the greater {>art bringing from 9s to 14s each. Pigs in imited numbers were of good quality and better worth.

Messbs. Hunteb and Nolan's Weekly Report;— Horses : The demand and supply have both been good, andpriceshavehadrather an upward tendency; above an average number were entered, and with scarcely an exception were disposed of at prices satisfactory to tae vendors. There remains an unsatisfied demand for those of a good stamp. Mr. Massey's two-year-old entire colt Bold at £73.; three-year-old colt, £31 ; riding and light harness colts, from £10 2s 6d to £21; hacks, from £6 to £15 15s j medium draughts, £32. Cattle: Great activity has characterised the market, dairy cows, at Newmarket, being the only description for which the demand was rather slack. At Mr. Massey's sale, on Wednesday, there was a very large attendance of buyers, and bidding was most spirited throughout, and the prices obtained were considerably over market rates, —fat beasts advanced 2s 6d per IOOIbs.. We quote, dairy cows, from £7 10s to £10 ; store cows, from £4 to £6 12s 6d ; yearlings, from £2 10s to £3 12s 6d. A pen of well bred heifers, at Mr. Massey's, fifteen-month-olds, realised the extreme price of £7 per head ; two-year-old steer?, £4 12s 6d to £5 17s 6d ; three-year-old steers, in fresh condition, from £7 to £8 2s 6d. Sheep : The Newmarket yards were well filled on Tuesday, there was an improved demand, and fat sheep advanced in value ; shorn sheep sold from 2Jd to 2|d, while those in wool were aJd per lb. higher; store sheep, in wool, sold readily; wethers sold from 14s to 15s each ; lambs were in good supply, and sold freely at from Ss 3d to 14s each. Pigg : Very few offered ; prices nominal. j

AUCKLAND STOCK AND MINING ASSOCIATION. Quotations for 2Grn October, 1876.

Charles Alexander Alex. Sauundera Eobert Frater J. Friar CUrke John Mowbray J. B. Morpeth D. B. Orchard T. Leigh White Josipn Newman, Chairman.

MR. TICKERS' WEEKLV STOCK AND SHARE LIST AND INVESTORS' GUIDE.

The following are the current calls In the companies named below:— ''' ■' & «. d. Date.! lona .. .. .. ..010 — Oct. 81 Shannon and Fergus.. 0 0 3 Nor 8 Tairua Prospectors ..010 — Nov. 3

Mark Twain on Bad Musicians The musioal public and general readers are cautioned not to purchase Weston's Wizard Oil and Magic Tills, without carefully examining the outside wrapper—and be sure that the words "None Genuine without-the Signature of the Proprietor, Frank Weston, Sydney," 7 N.5.W.," are engraven thereon. Any other so-called preparations of mine, are unauthorised by me, and calculated to mislead the public—(Signed) Frank Wkston. Sole Agents, Kempthorne, Prosser and Co. Price, half-a-orown.

THK MARKETS. j Farm and Dairy I'koduoc. ' Wholesale Prices. »• d. a. d. a. d. a. d« Batter, fa, lb 0 8t-0 10 Lard lb ..06 — 00 butter, Kit, lb 0 0 — 1 0 Bacon, Pro. 0 6 — 0 8 Cheese Wra 0 0— 0 7 H»ms, Pro. 0 8 0 9 Do.,Ct'bury 0 9 0 11 Ct'bury bacon 0 9 — 0 91 Bggs, dosen 0 0 — 0 10 C't'h ury hams 0 10 — 0 * 0 itetail Prices. Milk, quart 0 0 to 0 6 j Fowls,pair., 1 6—2 6 Kutter, fa, lb 0 10 — 1 0 I Ducks, pair 2 0 to 2 6 salt 0 10 — 1 0 1 Geese, each 4 6 6 0 3heese, col. 0 10 — 1 0 J Turkeys, do. 80 — 50 Eggs, dozen 1 0 - - 0 0 1 Bacon, lb ., 1 0-0 0 lb. .. 0 b — 0 0 j Hams, lb. 18 — 00 Bread 3jd to 4d tslh. Jo*f. Flo ok Maexct. Wholesale. £ a, d. Superfine Flour, silk dressed, per ton •• 16 if 0 Flue Flour, ditto, household .. .. .. 15 10 0 Seconds, per ton .. .. .. .. 13 0 0 Sharps, per ton,. 8 10 0 \delaide, pir ton •• .. .. .. 15 10 0 Damaru, ditto «• .. 15 10 0 Dunedlo dittc .. 15 0 0 Omterbary, ditto .. .. 15 10 0 Bran, per ton {sacks Included) 7 10 0 J1ay and (John Maekit, Wholesale. 6. 8 (L £ 0. £ s. Uaiso,SydnevO 0 — 4 6 Hay, ton ..8 0 — 5 0 Do., Pry. ..4 6 — 4 6 - Oaten, ditto 8 10 — 5 0 3 — 0 o Lucerne,ditto 0 0 — 6 10 ? 11 - 8 1 ' 8traw - d 1 " 0 2 10 - 8 0 6 0-5 6 Chuff, ditto 60-00 lJo. (milling) 6 10 — 6 01 Potatm .. 5 10 —6 « BetaiL I a~o °" Lucerao .c*rt. 0 0*—S"*® ? r ™« 6 Oaten, ditto 6 10 — 6 0 Grass Skeob. p u p°^ lb -:: •• i) Timothy " l { btt>h »'- *• ' Cowgra&s, la 4d.

Business Closing Prices. done. Buyers, i Sellers. Bank of New Zealand — £18/5 — National Bank, 40sp.n. 31/0 31/0 — South British Ins. .. — 67/8 — Union Sash and Door new issne .. .. -~ 50/ — TJnioa .-ah and Door, doable issne.. .. — £9/6 — Falmerston, new israe — 3/3 Waltekauri .. .. — la/6 Smile of Fortune .. — 3/8 Bismarck .. .. — 7/0 — Union Beach .. .. — 70/ 72/6 Tokatea — 10/6 Morning Light.. .. — 4/ Welcome .. .. — 3/3 3/a Bed Queen .... — 2'

j 5 > e «3 2 ~ Amt. Anit! *■ g a company. Capital, of paid § — ° Sh. up. b -2 a 5 « 2 £ £££%%' Bank of N. Zealand 700,000 10 10 19 15 84 National Bank N.Z 2,000,000 10 3 J 07/ _ _ Colonial Bank N.Z. 2,000,000 6 2 Sii» _ _ N.Z. Loan «fc Mer- ; cant lie Agency .. 1,000,000 25 24 4} 15 73 Ditto, new Issue .. 20/ Fiji Banking & Commercial Co 260,000 5 2J 62'6 5 — N. Z. Insurance ,. 1,000,000 10 2 4 20 10 8. British do. .. 760,000 20 40/ 58/ 10 51 N. Insurance Co. .. 1,000,000 10 j| 25/16 6 Standard Ins. Co... 1,000,000 10 12/6:12/1— — Auckland Gas Co... 30,000 6 6 10J 15 7J Thames do. .. 26,000 2J 38/ 24/ ! 8 11* Union S. & D. Co. 20,400 6 6 6J 20 11 Ditto, new issue .. 21 21 I Haurakl 8. Mill Co. 10,000100 86 1—10 — Auckland Steam I ! Packet Co. .. 160,000 10 — — ■— _ Auck. and North Shore Ferry Co. .. 6,000 1 1 16/ 5 61 Bay of Is. Coal Co. 20,000 10 10 4 — — D. S. Cross & W. y. 10,000 10 10 — — — Waikafco 8team N. sndC.St.Co. .. 10,000 10 8 — 22, Insurance Buildings, Oct. 20,1876.